Hong Kong's new giants

Chapter 471 [Attack around]

In early October, Lin Zuhui led a group of people to go to the mainland again and signed 10 projects in one go, with a total investment of 10 billion Hong Kong dollars; infrastructure (highways, bridges, power plants, ports) accounted for 60 projects, all of which were joint venture projects. Accounting for 8% to 1000% of the shares; the remaining two projects are the second LEIT garment factory in Dongguan City (covering an area of ​​[-] mu), and the second beverage factory in Shanghai.

At this time, his total investment in the mainland has become nearly 300 billion, making him the largest Hong Kong investor.

Of course, Li Chaoren is not to be outdone, and almost has more than 200 billion;
Zheng Yutong ranked third, almost 150 billion.

Although the New Era Group invested 300 billion, in fact, it is almost enough to take out 60 billion, and the rest is borrowed; even the 60 billion funds can be paid out within about one and a half years.

Lin Zuhui summed it up, this year's investment in the mainland is almost inferior to the World Financial Center in Shanghai.

With so much investment, Lin Zuhui thought that he might not be able to escape the scolding of mainland netizens in the future; he didn't care, after all, with his romantic nature, he must have no reputation.

However, he does avoid a few things:
He does not invest in projects that destroy ancient buildings, such as the Oriental Plaza and Sanqi Lane in his previous life;

Avoid hoarding land as much as possible without developing it. Hoarding land is for sure, but in the end it will definitely have a development rate of more than 7%;

For long-term investment, cash-out in 2015 is enough (strategic cash-out, not exceeding Lao Li), while Central Plaza and commercial buildings will not be cash-out, as long-term rent collection;

Avoid investing too much in infrastructure projects, so as not to become a 'toll collector', and an appropriate price can be redeemed by ZF (when ZF decides to be free), so as not to arouse public anger.

Lin Zuhui once again accomplished the feat of personal donation of 2 million this year, for the education of Sichuan and Guangdong provinces, with basic schools as the main and universities as the supplement.

This is no longer paying insurance premiums, but Lin Zuhui's kindness. He feels that [-] million is nothing to him, but it may help others.He also made donations overseas, but only one tenth of that in the Mainland.

Friday, April 10.

In the office of Huazhi Center, Chen Bin walked into Lin Zuhui's office,

Chen Bin, who had just returned from an inspection tour in Canada, could see that he had not had time to rest, so he returned to work in the company.

Lin Zuhui didn't praise him for his desperate way of working, so he educated him: "You are also the president of a multinational company now, and you can't even arrange your own rest time. There are so many senior employees in the company. You don’t need to do everything yourself. Moreover, I also hope that you high-level managers will train and train the company’s management.”

Chen Bin quickly said: "The boss is right, I will pay attention in the future."

Only then did Lin Zuhui nod his head in satisfaction, and said, "Yes. Tell me, what do you gain?"

Chen Bin took a sip of the brewed tea, straightened out his thoughts, and then reported: "We have reached a preliminary agreement with Canada's Marathon Realty (the real estate branch of the Canadian Pacific Railway Company) to jointly develop the new town of Gaohao Port and tourism District. The port covers an area of ​​64 acres, and the preliminary plan is to build 2200 luxury residential units, 220 million square feet of commercial building area, and a high-end hotel with 300 yacht berths.”

Lin Zuhui asked: "Does the Canadian side have any requirements?"

Chen Bin nodded and said, "They want us to set up a real estate company in Canada!"

Lin Zuhui said: "There is no problem with this. I will go to Canada later to finalize this project."

Speaking of which, New Times Group has a listed hotel company in Canada, which mainly consists of three- and four-star executive hotels.However, there is no need for this project to be under the banner of a listed company, and the benefits are only half.

This project was actually introduced by Richman, and Lin Zuhui also felt that it was worth investing in. Although the return on investment in Canada is not high, but because it is a developer, it can at least guarantee an annual return rate of more than 15%.

The important thing is that you can also hold commercial buildings and hotels for a long time, which is very good.

In the past few years near Jiuqi, many Chinese immigrated to Canada, and there was no need to worry about sales.

Chen Bin went on to say: "There is also a project progress in Malaysia. In Johor Bahru (near Singapore) there is a commercial block with an area of ​​8.6 square feet. If it is won, two 30-storey office buildings/four- and five-star hotels can be built. , and multi-storey shopping malls. The total rental area can reach 65 square feet, and an estimated investment of 10 billion is required.”

Lin Zuhui frowned slightly and said: "The plot ratio is so low, the investment is not small!"

Chen Bin nodded, and said: "The real estate situation in Southeast Asia has been very good in recent years, thanks to the economic downturn in Europe and the United States, as well as the open policy of Southeast Asia."

Lin Zuhui is relieved that the bubble economies in Thailand, Malaysia, and Indonesia are about to start, and they will be very large by 1996; Soros and other European and American international speculators discovered the bubbles in these countries in 1996, and then attacked them of.

Of course he wasn't interested, how much money did Soros make in one snipe?

He doesn't like it at all!

He prefers to boil frogs in warm water, and use the general trend to slowly scrape oil on foreign exchange, gold, and oil.

"Well, we will also do the project in Johor Bahru, Malaysia, and get it as soon as possible!"

"Ok!"

Lin Zuhui had calculated that if he sold the office building at a high price in early 1996 and kept only the shopping mall and a small part of the office building, he would definitely be able to make a lot of money.

Lin Zuhui asked Chen Bin to go home early today to rest and come back to work tomorrow.

The New Era Group implements a holiday on Sunday, one day off a week, and 12 days of annual leave.

Weekends are definitely not normal, we Chinese people should be more diligent, who told us that we are trying to catch up with Europe and the United States!
After Chen Bin left, Lin Zuhui also felt a headache. He wanted to expand aggressively when the investment conditions were good.

However, New Era Group needs a lot of money to do it.

The investment in Gaohao Port and Johor Bahru is not a big deal, so Lin Zuhui easily agreed to invest.

And the Canary Wharf project in London next year is estimated to have a total value of 15 billion pounds (currently 1 pound is equal to about 1.5 U.S. dollars), which is around 22.5 billion U.S. dollars.

Lin Zuhui plans to take 1% of the shares. After all, [-]% is promised to Richman (needs to be redeemed with money), which is an investment of tens of billions of Hong Kong dollars.

The money of the New Era Group is still not enough!

Issuing 30 billion Hong Kong dollars in bonds this year, plus the remaining net profit, is estimated to be more than 60 billion; next year, even if the net profit is 140 billion, it will be 200 billion for investment.

Next year, we will have to issue bonds and rights issues to raise funds, at least 50 billion Hong Kong dollars.

At present, New Times Group no longer needs to invest in foreign exchange, gold, and Hong Kong stocks to obtain non-recurring profits.

The US$4.5 million US stocks he invested in New Times Group will reap at least US$2000 billion in returns by 90.

Therefore, other financial investments will no longer bring New Era Group.

Lin Zuhui made his own money, and he could spend a small part of it to buy New Era Group's bonds and participate in the rights issue.

Saturday, Fanling Golf Course.

Lin Zuhui, Lee Shau Kee, Zheng Yutong, He Hongsheng, four Hong Kong and Macau tycoons, made an appointment to play golf together.In fact, in the eyes of the top tycoons, going to the racecourse is a waste of time, and everyone prefers the golf course.

How much Xiangjiang Regal loves golf. To put it simply, everyone often makes appointments to play the best golf overseas, such as the United States and Southeast Asia.

There are quite a lot of entertainment among the rich in Xiangjiang, playing cards, horse racing, and playing waves. There are quite a lot of stories; the rich in the early years often played "slanting nails" and "hoe big D" (also called hoe big brother) with Uncle Tong There are Big Brother Cheng, Fourth Brother, Uncle Xuan (Zhou Wenxuan) and others.They have a history of small gambling for decades. At first they liked to play mahjong, but later felt that mahjong was time-consuming and brain-intensive, so they switched to "Hoe Big D".As for how much a card costs, it is rumored to be five figures.Uncle Tong's "hoe big D" skill is "mama" (average), the eldest brother Cheng and the fourth brother are ever-victorious generals.But on the golf course, Uncle Tong is superior.

Golf was originally a fashionable game for foreigners. As the Chinese gained power, more and more golf friends among Chinese gradually increased.Friends who are friends are either rich or expensive.Lin Zuhui, Zheng Yutong, Li Ka-shing, Lee Shau Kee, the late Guo Desheng, as well as business upstarts Lin Jianyue, Liu Luanxiong, Zhao Shiguang, Rong Zhijian, etc., are all big friends on TRON.

It is easier for everyone to reach a consensus than sitting in the office when they chat about things while chatting.

Zheng Yutong said: "We only hold 41% of the shares of Unmac Petroleum Company (at a cost of 7000 million Canadian dollars, about 4.27 million Hong Kong dollars), and the holding is still not safe. Next year, we will try to acquire another oil company and merge the two companies. Come, we will have a greater right to speak."

The four partners made a deal this year, which is to enter the Canadian oil field.Hong Kong businessmen are like this. If anyone invests in a certain field in a certain place, everyone may invest in it one after another.

Big Brother Cheng spent 100 billion in Canada to acquire Husky, and everyone naturally wants to follow suit.In fact, Hutchison Whampoa is currently losing a lot of money on Husky. Da Gecheng even blamed Ma Shimin for not managing well (integrating resources). This is one of the reasons why Ma Shimin will step down next year.

Lin Zuhui holds 15% of the shares in this combination, and he is regarded as the smallest shareholder, because he knows that before 1999, the oil industry was not successful.In 1998, oil fell to an all-time low of $9 a barrel.If you buy the bottom at that time, you will make a lot of money.

Out of the friendship between friends, he invested some in moderation, and if this business is planned for a long time, it will not lose money, and the rate of return may not be bad.

Everyone echoed, saying that next year they can buy another bigger oil company, merge the two oil companies, and try to squeeze into the top 20 oil companies in Canada.

Then, everyone curiously asked Lin Zuhui about investing in commercial real estate in the United States.

Lin Zuhui replied: "My company over there is doing investigations in this area, and now we still have to wait for Olympia York, the largest private commercial real estate company, to go bankrupt, and then it will be considered to be at a low point. Moreover, I heard an insider report that the New York government We are setting up a property dedicated to selling mortgages to banks, and we will definitely be able to pick up leaks at a low price."

Zheng Yutong said with a smile: "Zu Hui's contacts in the United States are really powerful!"

Lin Zuhui said politely: "They are all friends from the previous investment. What magical powers there are there. In short, next year, investing in commercial real estate in the United States will still be profitable. Of course, the rate of return in Europe and the United States will not be as high as there. With Xiangjiang as the center, the second investment direction is the mainland.”

Everyone believed that, in the 80s, rich people from Hong Kong and Macau invested in Europe and the United States, and the amount was probably nearly 600 billion.As a result, none of them were successful. In the past year, everyone withdrew and invested in Hong Kong and the mainland.

Of course, there are also those who are unwilling to give up and plan to share the risk. For example, he knows that Zheng Yutong is planning to spend 60 billion Hong Kong dollars to acquire a hotel group in the United States, which can be described as a big deal.

The Zheng family's investment in hotels is second to none in Xiangjiang, but because of this, it is also ranked last among the four major families.

(End of this chapter)