Hong Kong's new giants

Chapter 479 [Opt in]

Wednesday, November 1992, 11.

In the morning, Lin Zuhui participated in the opening ceremony of the 'Wanguotong Center', and he was in a very good mood.

Citicorp Center, located in the central banking district, consists of two buildings, one is the 47-storey Citicorp Building, and the other is the 37-storey Asia Pacific Financial Building. The total area of ​​the two buildings is 160 million square feet; According to the current price reference of the first-class Jiajia building in Central, the total value has reached 160 billion, while the cost is only more than 58 billion.

The reason why the value has risen so high in three and a half years is because this piece of land won the bid after the real estate crash in 55; at that time, it was thought that the land could reach more than 30 billion before the crash, but New Times Group only had [-] billion after the crash. I won the bid and picked up a huge bargain.

At present, the property rights of this building are: 5% of Hengjin Real Estate, 3% of Chinese Real Estate, 2% of Citigroup and its partners; the current vacancy rate is 5%, the annual rent is 10.2 billion Hong Kong dollars, and the estimated annual net profit is 7.5 million above.The important thing is that the rent of office buildings in Xiangjiang will also skyrocket!
After participating in the event, Lin Zuhui came to Hengjin Investment, which moved into the Asia Pacific Financial Center.

Calling Wu Guoming, he asked: "How about the short selling situation of USD/JPY?"

Wu Guoming immediately said: "The goal has only been completed by more than 124%, it seems that 123 points is a watershed, and there are empty orders for [-] points!"

Lin Zuhui said without hesitation: "Don't worry! We can't finish it this year, but we still have a chance at the beginning of next year. We'll see the situation then."

This is his style of foreign exchange speculation. He will set a standard from the beginning, and will not enter the market if the standard is not met.Some time ago, I closed the position below 122 points (the average closing point was 121.2), and I actually made a lot of money.Now that he wants to sell short above 124 points, Lin Zuhui also hopes to earn two more points.

"Ok!"

At present, Wu Guoming is mainly in charge of investment in Asia, and can be regarded as Lin Zuhui's assistant; while George is in charge of investment in Europe and the United States, which is also the main investment focus area.

Then, Lin Zuhui asked: "What is the price of London Gold?"

Wu Guoming immediately said: "332.3 US dollars per ounce!"

Lin Zuhui thought for a while, and said: "Enter the market, just buy gold futures below this number, spread the purchases, it doesn't matter if you buy it for two months, it doesn't matter if you don't buy it. You know my style , don’t chase high.”

In fact, he only has a total of 10 billion Hong Kong dollars (20 times leverage), and it is almost easy to buy unless it does not fall below 332.3.

"Well, I'm going to notify the president and prepare to buy!"

It's not that Hengjin Investment's projects don't need information. Lin Zuhui will let Hengjin Investment evaluate and analyze every investment. Although he knows the trend, he will still read the investment evaluation report. Just looks.

Hengjin Investment also has "free investment funds" for investors, but the amount is only more than a billion yuan. Of course, their income cannot compare with the project proposed by Lin Zuhui. Their return rate is generally more than 20%. It is not bad.And Lin Zuhui's return on investment may be more than 100%!

According to estimates, this time he invested a total of 25 billion Hong Kong dollars in foreign exchange and gold, and may earn another 100 billion Hong Kong dollars next year.

It looks very profitable, but Lin Zuhui feels that he has not invested in Microsoft yet.

Hengjin Investment, New Era Group, and Seven Immortals hold about 3% of Microsoft. In the first quarter of 2000, the market value will reach US$180 billion, which is about HK$1400 billion; this is equivalent to earning an average of HK$150 billion a year. Above, you can lie down and win money without doing anything.

To be honest, he is tired of playing finance. If he didn't need money to invest in industries, he would not want to risk investing in foreign exchange and gold. He was afraid that there would be a 5% fluctuation in the middle, and he would immediately liquidate his position.Although he has the funds to cover his position immediately, he must act quickly, which will arouse the market's vigilance.

In the future, when Lin Zuhui invests in Tencent, he doesn't need to lie to Xiao Ma at all. When he is listed in Xiangjiang, he can directly buy 3% in the secondary market.Because the market value of Tencent on the first day of listing in Hong Kong was only 72 billion Hong Kong dollars, and the appreciation space was as high as hundreds of times.

For example, Apple's market value was only 2002 billion in 50 and 2003 billion US dollars in 30, so Lin Zuhui has never bought it.

For Lin Zuhui, making money is already at his fingertips, but there is still work to be done.

His current idea is to develop and grow several major companies under his banner, so as to increase enough contacts and strength for himself.

Octopus Bank.

Lin Zuhui called the president, He Changhong, and asked, "How much is the company's current deposits and cash flow?"

He Changhong was a little helpless. After the boss bought the bank, everyone thought he would learn to be a banker; as a result, sometimes he didn't come to the company once a week and completely delegated power to the management.

Of course, if you think that the boss is not prepared at all, that's impossible.After all, Octopus Bank is just one member of Octopus Financial Group.As for Octopus Financial Group, there are many foreign consultants and many Chinese financial talents.

"The deposit has already reached 390.5 billion Hong Kong dollars, and the cash flow is about 200 billion!"

Lin Zuhui said in surprise: "Growing so fast?"

He knows a statistic that Hong Kong has approximately 1.6 trillion deposits, of which foreign currencies account for 53%; and there are 147 banks that can accept deposits, with a total of 1409 branches.

He Changhong said: "Well, Octopus Bank and the boss have a good reputation, so some citizens are willing to deposit money in our bank."

Lin Zuhui not only sighed: "I didn't even think of it."

In fact, given that Lin Zuhui has achieved such great achievements at such a young age, he is regarded as the God of Wealth in the hearts of the public. It is quite normal to pursue his company's stock and trust his bank.

It can be said that as long as Lin Zuhui said in the newspaper-be optimistic about that stock, it would be no wonder that this stock didn't immediately rise by 10%.

Finally, Lin Zuhui said to He Changhong: "I plan to let Octopus Bank invest in gold spot, and it is a large investment. It is estimated that it can be exchanged for gold worth 100 billion Hong Kong dollars, and then stored in our bank vault."

He decided not to have HSBC, because he was worried that HSBC would know that he was personally speculating in London gold, and would inform him at that time; then, if there was a fluctuation of 5%, he would be liquidated.

As for a run crisis, first of all, it is almost impossible, and he is not bankrupt, so how could he be run? To take a step back, if there is a run, if HSBC does not rescue it, Hua Xia Bank will definitely rescue it; even if he does not have gold , will also save.

He Changhong said calmly: "Which channels does the boss plan to buy from?" He felt that investing in gold was nothing, and it was not speculating in stocks or foreign exchange, not to mention that the current bank was still the boss's private bank.

Lin Zuhui said: "First, it is through the gold and silver trading field; second, it is through foreign gold merchants. Gold merchants entrust Luk Fook Jewelery to purchase, and the Gold and Silver Trading Office entrusts gold banks. Diversified investment, I estimate two or three in the near future Every month is a good opportunity."

He Changhong nodded and said, "Well, I'm preparing a team to be responsible for completing this investment."

Lin Zuhui nodded and asked He Changhong to prepare first.

In fact, he is not particularly clear about the gold market next year. He only knows that gold rose by 1993% in 2 because the pound was separated from the European monetary system.

Anyway, if there is a 2% profit, that is, when it hits $400 an ounce, he throws away the gold.

The average interest rate on lending is only about 9%, and the loan-to-deposit ratio must be guaranteed to be lower than 50%, while buying gold obviously does not need to consider the loan-to-deposit ratio.

If it earns nearly 20 billion Hong Kong dollars in gold this year, it means that the accumulated losses of Octopus Bank have been reduced to about 20 billion, which can be described as rapid growth.

You know, the cumulative losses of the two banks he took over were as high as more than 50 billion (losses before profits).

In this way, it is estimated that in 1994, Octopus Bank will completely earn back all the accumulated losses of China Commercial Bank and Overseas Trust Bank; by then, Octopus Bank’s annual net profit should also be 30 billion Hong Kong dollars, which is enough for Hong Kong local banks ( Bank of China (non-local) ranked in the top five.

Lin Zuhui planned to let Octopus Bank go public in 1996, cash out part of the funds, and then buy the bottom for Octopus Investment Bank.

In this way, his financial group instantly doubled its strength in the Asian financial crisis.

(End of this chapter)