Hong Kong's new giants

Chapter 518 [Cultural Empire]

DreamWorks wanted to shoot a blockbuster film that would enter Hollywood, and it was a joint filming with 21st Century Fox, which caused a huge sensation in Hong Kong for a while.

Everyone in the industry knows that ATV Group and News Corporation have just cooperated, and then the two film companies announced that they will co-produce a movie.

Of course, the fact is that 21st Century Fox is just a name, and a few people are lined up to assist in the filming.The one who can promote this matter is naturally Lin Zuhui who came forward and greeted Murdoch.

For this film, whether it makes money or not is secondary. The important thing is to have influence and make Lin Zuhui face; therefore, the shooting must be of high quality, at least several times the quality of Xiangjiang's previous science fiction films.

The sets and props of the first part of "Resident Evil" are mainly the base camp of the hive, so DreamWorks will spend huge sums of money to build it.In order to recover the cost, the hive will be opened to the public as a 'tourist attraction' in the future and can be reused.

In fact, the most important thing about this movie is not the big production, but the creativity - T-virus, artificial intelligence (supercomputer) and a series of fresh words.

And this film needs to be prepared and filmed for a year, and it is scheduled to be broadcast in the summer vacation next year.

After completing the last field of communication companies, Lin Zuhui felt relieved that TV stations, entertainment companies, film companies, and ATV Group have become the kings of all fields of communication.

Thursday, November 8.

In the morning, Lin Zuhui was reading the newspaper in his office, and saw Cheung Kong Group released its semi-annual financial report: Cheung Kong made a profit of 38 billion in the first half of the year (as of June 6), and Hutchison Whampoa 30 billion. (HK Electric can be regarded as a public utility company, and Hutchison only holds 20% of the shares. Separate news will be released)
After reading the news, Lin Zuhui was a little surprised that the performance of Cheung Kong Group was so good, 58 billion in half a year excluding HK Electric.

The net profit of New Era Group in the first half of the year was 75 billion, including non-recurring profit of 13.8 billion, so the recurring profit was 61.2 billion.

Lin Zuhui was surprised that he was only a little bit taller than Changshi Group.

You must know that the Chinese real estate under the New Times Group is a large rent collector; and the Cheung Kong Group has almost no rental properties, accounting for a very small proportion.

However, Lin Zuhui quickly understood that Hutchison Whampoa made more money than Hengchang Holdings, which Hengchang Holdings may only have about 5% of that, and its half-year profit is only 11 billion.

The profits of the two development properties are similar, and Cheung Kong even slightly wins. New Times Properties can only be ranked third, and Sun Hung Kai is ranked first, but the three companies are catching up.

Calling Liang Zhenxun, Lin Zuhui asked, "Is our semi-annual financial report ready?"

Liang Zhenxun nodded and said, "It's ready, it's going to be released in early September."

It is necessary to release this financial report. The current market value of New Era Group is only more than 1500 billion, and it will strive to rise to 2000 billion by the end of the year, setting a record.After all, the broader market can skyrocket to more than 11000 points, and New Era Group has no problem rising by [-]%.

Lin Zuhui continued: "When holding a press conference, remember to report to investors in more detail. The book assets of the US stocks we invested in this year have increased, and the dividend per share of General Dynamics has reached as high as 32.6 US dollars (holding 147 million shares). Hengchang profit Food has become the No. 40 brand of instant noodles in the mainland, and the listed company controlled by Singapore has a market value of as high as [-] billion. Such good news can be explained to investors.”

New Times Group's finances have always been relatively transparent, and announcing some good investment news can also strengthen investors' confidence.

The important thing is that billions of convertible bonds are due at the end of the year. The company does not want to pay the principal and interest, but hopes that everyone will exchange for stocks.Therefore, the higher the market value, the higher the enthusiasm of everyone to exchange stocks. In fact, everyone will exchange stocks.

"Okay, I will communicate with President Yuan later, and the two of us will attend the press conference!"

Lin Zuhui nodded. He hadn't attended the semi-annual financial report conference for several years. He would only consider attending the annual financial report conference in February and March.

Today's New Era Group has already exceeded 2000 billion in net assets, making it a giant in the industry.

The rise of the New Era Group has weakened Cheung Kong, Sun Hung Kai, Henderson, and New World by [-] to [-] percent; second-tier real estate companies such as Hang Lung, Great Eagle, Sino, and Chinachem have even weakened their strength by [-] to [-] percent; The fourth-tier real estate developers are naturally affected.

After Liang Zhenxun left, his assistant Li Ke brought in a person after a while, and Lin Zuhui greeted him.

"Wang Sheng, welcome to come!" Lin Zuhui said happily.

The person who came was Wang Jianping, the general manager of the "Shougang" Xiangjiang listed company, who had crossed paths with Lin Zuhui several times.Because Lin Zuhui made a great contribution to the acquisition of Asia Securities in Huaxin back then; as a result, several official companies in the mainland pulled his tail one after another, intending to let Lin Zuhui take them to the sky—to come to Hong Kong for a backdoor listing.

Therefore, Lin Zuhui also participated in the backdoor listing of "Shougang" in Hong Kong and successive acquisitions of several companies, and indirectly cooperated with Li Chaoren.

The so-called cooperation is not just making suggestions, but requires money to participate in the purchase of listed companies.For example, Shougang is interested in a listed company, but he does not have enough money, so he can only buy 51% of the shares, and the rest will be purchased by other consortiums; after acquiring a company, the market value will inevitably skyrocket, and then Shougang (listed company) can rights issue Raise funds, and then redeem the shares in the hands of the cooperative company (profitable).

Through this kind of stock market game, the company can quickly snowball development.Huaxin is the representative of mainland companies coming to Hong Kong. After successively annexing several listed companies, Huaxin's current market value has reached 200 billion, becoming the first stock in China.

And Shougang is the second stock, with a current market value of less than 50 billion.

Wang Jianping is a second-generation, needless to say, this is the case, including those at the top of Huaxin, many of them are.

Of course, although Lin Zuhui can't say he's going to the mainland to walk sideways, as long as he doesn't cause trouble, no one will dare to trouble him.He has connections with people in the upper class, and with his own status in Xiangjiang, he doesn't need to please these people.

On the contrary, these people are trying to curry favor with Lin Zuhui, the God of Wealth.

"Lin Sheng, I'm here to disturb you, a busy person again!" Wang Jianping said politely with a smile.

Lin Zuhui motioned for him to take a seat, and then said: "I like this interruption. It can make me money. It just shows that we are a win-win cooperation."

Wang Jianping immediately said happily: "Mr. Lin is still fair. There are media outside and we come to Hong Kong to grab business and have privileges. It is wronging us. We are now doing things according to the Xiangjiang system and obeying the laws and regulations here; But there are a few black sheep who make some false backgrounds to deceive people."

How should I put it, there must be privileges. Even the Hong Kong government has taken care of Huaxin before. When acquiring Ka Wah Bank, the acquirer will not bear bad debts and bad debts, and the Hong Kong government’s foreign exchange fund will guarantee it; Big businessmen, in order to invest in the mainland, are definitely willing to cooperate with these mainland companies in Hong Kong. Such things are considered privileges.As for real privileges, it is naturally impossible. After all, the Hong Kong government also has to maintain the fairness of Xiangjiang.

However, there is a common problem among mainland companies listing in Hong Kong, that is, low profitability, poor management, complicated personnel, and too many internal conflicts. Obviously, they still have a long way to go.

Lin Zuhui said with a smile: "This is a process. The market will weed out those bad companies, and the last ones to survive must be Hong Kong-listed companies like CEFC, Shougang, and China Aerospace."

Hua Aerospace Science and Technology also successfully went public through the back door, with good performance. The launch of "Asia Satellite No. 1" is their performance.Of course, the assets listed on the backdoor are not those core assets.

Mainland official capital came to Hong Kong for backdoor listing in order to raise funds through securities and then invest.In the past few years, the mainland has invested a lot of funds in Xiangjiang.

After talking for a while, Wang Jianping said: "Lin Sheng, I'm looking for you this time to see if you are interested in cooperating with us to renovate several state-run hotels in the capital."

Lin Zuhui asked: "Those restaurants, I often go to the capital, are basically familiar with them?"

Wang Jianping immediately said: "The Great Wall Hotel, Minzu Hotel, Xiangshan Hotel, Huadu Hotel, Yanxiang Hotel, Qianmen Hotel, and Yanjing Hotel are seven hotels in total; except the Great Wall Hotel which is five-star, the rest are all three-star. We want to change these hotels into foreign-related hotels through renovation, and try to get three-star hotels to four-star and five-star hotels.”

When Lin Zuhui heard about the Great Wall Hotel, some memories came to him. He remembered that the annex building of this hotel was probably the famous Heaven and Earth in later generations.Of course, it was rented out and had nothing to do with the Great Wall Hotel.

"I have no hesitation in supporting the development of the capital. After all, those overseas investors who come to the capital will definitely get better results if they have a good accommodation environment, so this cooperation is very good!" Lin Zuhui talked about the scene.

He doesn't need to directly discuss the details and interests, because there are men to discuss, and there are only a few hundred million small projects, so he doesn't need to worry about it.

Wang Jianping said happily: "It is really a blessing for this project to have New Era Group join. Your hotel industry is doing very well, and there are many industries abroad."

Lin Zuhui said modestly: "Wang Sheng is too much! But we have indeed invested a lot of money in the hotel group."

The two reached a cooperation agreement verbally, and the next step is to discuss the details between the two teams, and Lin Zuhui will naturally not participate.

After Wang Jianping left, Lin Zuhui called Li Mingtao, the vice president of New Era Hotel Group, and gave him the task.For such projects, Lin Zuhui's consistent principle is that if there is an annual profit of more than 8%, he is very satisfied. It can be regarded as earning a small amount of money and supporting the development of the motherland.

Many inland projects of New Era Group (Huaxia) belong to livelihood projects. Due to the need for urbanization, the government takes the lead and developers invest in the development of residential projects.The government guarantees that investors will have 15% to 20% of the annual profit, while the developer can have a stable profit, which is equivalent to limiting the developer's profiteering behavior, because this is a livelihood project.

Although the 15% profit is considerable, if the Hong Kong developer is allowed to develop the project with sole proprietorship, it will never be the only profit.

After explaining to Li Mingtao, Lin Zuhui asked again: "How is the development of the third- and fourth-tier hotels in the Mainland?"

Li Mingtao said: "Through the Miramar Hotel, we have already confirmed the development projects of 7 three-star hotels and 2 four-star hotels in second-tier cities such as Wuhan, Hangzhou, and Foshan, all of which are developed by leasing properties. .It is estimated that the cost will be recovered in four to five years."

Lin Zuhui immediately asked: "Is there any basis for recovering the cost in four to five years?"

Li Mingtao nodded and said, "Yes, the current occupancy rate of the three hotels we have opened is 86%. And with the economic growth in the Mainland, this ratio will increase."

He had to lament the strategy of the boss. After acquiring the Miramar Hotel, he immediately formulated a mid-to-high-end hotel plan in the Mainland, adopted the model of leasing properties, and quickly deployed the Miramar Hotel in some second-tier cities in the Mainland.

The third- and fourth-tier hotels are suitable for the current economic environment in the mainland, and the occupancy rate is much higher than that of five-star hotels.

"Well, then continue to look for suitable targets to open stores, and make a good layout of the mainland hotel market as soon as possible."

"Ok"

After Li Mingtao left, Lin Zuhui thought about it. Although the New Times Group only accounted for 34.5% of the Miramar Hotel, he still tried his best to assist Yang Bingzheng in his development.

Because Lin Zuhui knew that once Yang Bingzheng died, the Miramar Hotel would completely belong to the New Times Group.

As for the issue of low shareholding, he does not need to worry about it. After the financial crisis, it is still possible to increase his holdings to 49%.

There is no need to delist, so as not to hurt the feelings of partners!

Lin Zuhui has a motto, always telling himself: "Leave room for doing things, don't do things absolutely, everyone earns money, everyone shares benefits, so that people are willing to cooperate. If it is fair to take 10% of the shares, take 11% It’s okay, but if you only take 9% of the shares, you will have a lot of money.”

This is also the reason why he insists on leading everyone to make a fortune together, even though he can make a lot of money by himself.

If he is greedy enough, he can privatize New Era Group or hold 75% of the shares during the financial crisis; he can afford the money price.

However, he must lead the shareholders to make money together, so that he has enough influence and a sense of accomplishment.New Times Group has [-] to [-] shareholders. They all hope that Lin Zuhui will lead the company to make money. They will worry about Lin Zuhui's health and safety. They are like Samsung Lee Jae-yong in his previous life. It's not just Samsung, but the entire South Korean economy. In the end, it's all about it.

Whether Lin Zuhui can also become the Li family of Samsung in Xiangjiang, he thinks it is inevitable!When his 'cultural empire' is established, he will no longer be a simple real estate developer.

And this cultural empire includes: TV stations, entertainment companies, record companies, production companies, theaters, paper media, the Internet, games, comics, software. At that time, it may support 10,000+ Hong Kong people.

There is also overseas influence and honor, which can also make him greater in Xiangjiang!
(End of this chapter)