Hong Kong's new giants

Monday, May 6.

In the office of Huazhi Center, Lin Zuhui was sitting on his desk, holding a pen in one hand and flipping through documents with the other.Although he was working, his expression was very relaxed.

Since Yuan Tianfan became the president of Hengchang Holdings, the affairs of the New Times Group have been quite orderly. There are no longer so many subsidiaries that need to be handled by Lin Zuhui. Catch the big and let go of the small'.

The organizational structure of New Era Group is roughly: New Era Real Estate/Construction, Chinese Real Estate, New Era Hotel, Hengchang Holdings, and New Era Group (Huaxia), which are five core "first-level subsidiaries".

New Times Group also has a weakness, that is, it is not good at infrastructure industries, such as tunnels, railways, landfills (waste disposal), and lost some Xiangjiang infrastructure projects for nothing.

However, Lin Zuhui does not intend to strengthen the strength of infrastructure, let Sun Hung Kai Properties do it.

In the previous life, Sun Hung Kai was really strong, and its market value was higher than that of Cheung Kong Industries for many years, but in this life, it can be regarded as being chopped off by Lin Zuhui.In this life, Sun Hung Kai's shopping mall network will be reduced by one-third, Weixin Parking Group will be directly acquired by New Times Group, and the 'Central Plaza' brand will be acquired by New Times Group, not to mention the loss of land reserves.

"dong dong"

"Come in"

Li Ke walked in with Gao Yi, the general manager of Huaren Real Estate.

Gao Yi sat on the sofa respectfully, waiting for the boss assistant Li Ke to make tea for him, and did not forget to say thank you!

"Boss, the Jialan Center in Causeway Bay has been completely completed!"

Lin Zuhui immediately asked, "How is the rental situation?"

Gao Yi said: "The current vacancy rate is 10%!"

It's a little serious!

Buildings are generally available for lease one year before completion.The 10% vacancy rate also shows the exhaustion of Xiangjiang office buildings.

From 1990 to 1991, after the peak of Xiangjiang office buildings in [-], rents fell due to the sharp increase in supply. Of course, there were also reasons for the withdrawal of foreign capital.As a result, some real estate developers have greatly reduced their interest in building office buildings, and even converted some commercial and residential sites into residential buildings. Of course, they will definitely not be in commercial centers.

The rent of office buildings in the commercial center is still 30~56 Hong Kong dollars per square foot per month, and the price is still acceptable, ranking fourth in the world's cities.After the re-opening next year, foreign capital will return to Hong Kong, and the rent of office buildings will naturally rise soon.And the office buildings of the New Times Group have been put into use one after another, so they can naturally make a lot of money.

Of course, the model of New Times Group (emphasis on rent-collecting properties) is not suitable for any real estate group in Hong Kong; since Lin Zuhui took over, New Times Group has made nearly 900 billion in financial profits and raised tens of billions of funds through rights issues. With such a huge The ability to raise funds, and now the group's net assets are only more than [-] billion.You must know that the New Era Group was still in the midst of the real estate decline in [-] and [-], and achieved a surge in assets, which is why it is today's strength.

Lin Zuhui said calmly: "In such a big environment, it is normal for the vacancy rate to be so high. In any case, we have passed the stage of 'always a lot of debt', and the performance of rental properties is slightly poor, which does not affect the overall strength of the group. .”

Gao Yi nodded. The strategy of strengthening the development of rental properties was finalized by the boss himself.Although the real estate developers in Hong Kong do not have this kind of crazy game - large-scale borrowing to invest in rental properties, because in theory it takes ten years for rental properties to recover their capital, but it only takes three to four years to develop properties; however, their own boss Knowing about finance and the general trend, even if other real estate developers want to learn, they have to weigh their own strengths.

Lin Zuhui continued: "Let's choose the opening ceremony at the end of July, it's the key point!"

"Ok!"

Gao Yi knew that the Grand Plaza was not just a 60-square-foot first-class commercial building, but a trophy that the boss taught Hysan Land back then.

Back then, only the bosses of the company were the ones who "sniped" other companies. Who would have thought that Hysan Land would launch an anti-acquisition in the "PYI acquisition war", causing New Times Group an abrupt loss of [-] million yuan.

The loss of money is second, but Hysan Land used the slogan of "walking on behalf of the sky" back then, occupying the "righteousness" and causing its own boss to suffer a loss of reputation.Because at that time, New Times Group was hostile to acquire Paul Y. Construction.

However, the owner later dug up a piece of land in Hysan Land's old nest, which can be considered to have found the place.

New Times Group acquired a commercial building of 60 square feet, the current value is also about 30 billion, absolutely worth the money.

That's why the boss said that the opening ceremony should be more grand.

The four floors below the Gloria Center are shopping malls, and the building itself is in the headquarters of Hysan Land. Once opened, it will pose a great threat to Hysan Land's shopping malls and office buildings.

Finally, Lin Zuhui said: "I plan to rebuild Hongji Building and Chinese Bank Building into the headquarters building of my bank as soon as possible. You start to prepare and move out the tenants as soon as possible."

Gao Yi nodded happily and said, "Well, I'll coordinate everyone as soon as possible!"

For the bank headquarters of the Lin family, there are several options:

The two buildings in the Citicorp Center were originally called Citicorp Building and the other was called the Asia Pacific Financial Building, and the Asia Pacific Financial Building can be used as the headquarters of its own bank.However, Lin Zuhui didn't like his bank to be too high-profile, so he went to get together with Citibank, Bank of China, HSBC, and Standard Chartered Bank.

Therefore, Lin Zuhui decided to merge the Chinese Bank Building and Hongji Building to build the headquarters building of his own bank.The two pieces of land add up to nearly 3 square meters, which is enough to build a super first-class commercial building of 40 square feet.

As for the Huaren Bank, we can only find another place, anyway, there is a small bank on the left and right.

At the same time, Lin Zuyao also arranged for the merger of Block AB of Crocodile Shirt Building and Chenda Group Building to build the LEIT Group Building.

For a while, the buildings under Lin Zuhui's banner were rebuilt one after another. If it weren't for the strength of his company, this would be unimaginable.

In particular, the New Times Group has nine buildings under reconstruction, including:
Garland Center has been completed
Hong Kee Building and Chinese Bank Building arranged for merger and redevelopment

Citicorp Center will be put into use at the end of next year (1992)
Central Plaza will be put into use in the middle of next year
The original four buildings of Legu Real Estate are under reconstruction and are expected to be completed in the first half of 1993
Nine Queen's Road Central will be completed by the end of this year
一幢大厦的建筑费在5亿~10亿不等，皇后大道中九号建筑费5.8亿（真实数据）、嘉兰中心建筑费6亿、中环广场建筑费18亿多（78层）、王国宝通中心20亿（两幢大厦）.
After Gao Yi left, Liang Zhenxun came to Lin Zuhui's office.

"boss"

Lin Zuhui nodded, and said: "Let the securities department invest in the December futures contract. It looks like an investment of 12 to [-] million yuan, as long as it doesn't affect too much! Complete the investment within two weeks as soon as possible."

Why do you say that it cannot be affected too much, because since the futures contract, the Hang Seng Index in the five months of April, May, June, September, and December every year will probably fall, because there is a futures contract. drag.

For example, it rose to 4 points in early April this year, but fell to around 3900 points when the futures index was delivered at the end of April;
For example, in mid-May this year, it rose again to 5 points, but at the end of May, when the futures index was delivered, it had fallen to around 3900 points;
In the same way, since June is also the delivery month of the futures index, the overall price of this month is in a downward trend, currently more than 3600 points.

And Lin Zuhui knows that this year will skyrocket by more than 600 points. In July, Huaying's negotiations on the airport will come to fruition, and Xiangjiang's stock market and real estate will usher in a round of skyrocketing.

In addition, Hong Kong's economy has reversed its decline in 1991, so the stock market will rise above 4200 points throughout the year.

Liang Zhenxun immediately said: "Okay, I'll go get ready right away!"

New Times Group has a securities department and a financial company;
Among them, the finance company can provide installment loans to house buyers on its own, which is an area that the mainland real estate company did not involve in the previous life.

Of course, the financial companies of real estate companies are definitely not as strong as banks, so house buyers still mainly rely on banks to provide installment payments.

News Building.

Lin Zuhui was looking at the manga draft of "Detective Conan" in the office, feeling a little excited, not to mention nine points similar to his previous life, but seven points similar.As for the plot, Lin Zuhui supported more than a dozen cases back and forth.

And the team of "Detective Conan" even consulted a lot of information, and also specially consulted Hong Kong JC detective masters and private detective agencies. I believe that even if it is different from the previous version, it will not be so bad.

In addition, Lin Zuhui also contributed the classic line "there is only one truth", and even the classic line of "Pokémon" "It's up to you, Pikachu" was also created by Lin Zuhui.

After putting away the manuscript of "Detective Conan", Lin Zuhui couldn't help praising him.

In recent months, he and the management of Wanhui Comics have done a lot of work, preparing comic serial publications, acquiring toy factories, and acquiring animation production companies. It can be said that he is preparing to do a big job, and the investment is very large. The current total investment is 3 more than [-] million Hong Kong dollars.

However, Lin Zuhui was also full of confidence. He went to Zou Wenhuai to inquire about "Teenage Mutant Ninja Turtles", and the result made him exclaim - the comics industry really makes money.

Not to mention the box office of "Teenage Mutant Ninja Turtles" with hundreds of millions of US dollars, let's talk about the toy factory in Hong Kong - Color Star Group, because it has obtained the exclusive franchise of the global exclusive toy franchise of "Teenage Mutant Ninja Turtles", and it is a global exclusive franchise. And licensed to create and promote category toys.The company's profits soared tenfold in 1990, that is, after the box office hit of the "Teenage Mutant Ninja Turtles" movie, Color Star Group's net profit in 1990 was as high as 12 billion.

Seeing the success of "Turtle Endurance", Lin Zuhui has more confidence in "Detective Conan" and "Pokémon".Especially Pikachu's toys, he believes that they can be sold all over the world!
And the image of Pikachu can almost reach [-]% similarity to the previous life, because Lin Zuhui has a deep memory.

Calling Luo Bencheng, the general manager of Wanhui Comics Club, Lin Zuhui said: "On July [-]st, our comic serial publication "Manke SHOW" will be officially launched, focusing on "Detective Conan". As for "Pokémon" Wait a few months. After the serialization of "Detective Conan", we will quickly prepare to shoot an animation series. At the same time, we will quickly open up markets in Taiwan and Southeast Asia, then fight Japan and South Korea, and finally occupy Europe and the United States."

Yulang Organization, the predecessor of Wanhui Comics, has its own overseas comic distribution channels (cooperation). Coupled with the improvement in the past few years, Wanhui Comics' overseas distribution capabilities have become very strong.After all, "Dragon Tiger Gate" and "Feng Yun" are very popular overseas.

With these foundations, and good works, "Comics Prospering Hong Kong" is by no means empty talk.

The only worry is that the work may not be as good as the overall quality of the previous life, but anyway, with Lin Zuhui's outline and creativity, there is still great hope for [-]% success.

Luo Bencheng also nodded excitedly. In the past five months, Wanhui Comic Club has grown rapidly like a snowball.Affiliated companies, management, and chief writers have all increased, and his status has also increased.Fortunately, he has been in charge of Wanhui Comics Club, overseas distribution, and Japanese cooperation over the years. He has experience, so he is fully competent now.

"Okay! The toy factory is also researching the doll toys of 'Conan', and the three physical stores of 'Manke Show' in Hong Kong are also ready to open at any time. We have initially completed the layout of the comic industry chain!"

Lin Zuhui said with satisfaction: "I have confidence in "Detective Conan" and "Pokémon". I hope you will strengthen other works. The company invested more than 3 million yuan, which is only an initial investment, and will continue to invest in the future. It is used for overseas promotion and peripheral development.”

"The company has invested so much, and with the leadership of the boss, I believe that the 'comics revitalize Hong Kong' will definitely come true!"

Lin Zuhui often talks about ideals and ambitions with the management, talks about Japan's achievements and future prospects in the comics industry, and calls on everyone to work together to follow Japan's industrial chain.

He is also preparing a TV show specifically for the manga, which will focus on "Detective Conan" and "Pokémon."

It can be said that they have achieved the layout of the entire industrial chain!