Hong Kong's new giants

Chapter 568 [Alliance]

When the news of Octopus Bank's acquisition of the old British bank, Barings Bank, reached Hong Kong, the public opinion exploded in an instant, and the media praised Lin Zuhui with words such as "world-class businessman" and "the light of the Chinese".

In the past, everyone only heard that foreign-funded banks have acquired Chinese-funded banks one after another, and the local Chinese-funded banks in Hong Kong were almost wiped out. Unexpectedly, with Lin Zuhui's entry into the banking industry, he not only developed a large local Chinese-funded enterprise in Hong Kong, but now even more It was an expedition to the UK to take down such an old and well-known bank as Barings Bank.

All of a sudden, the citizens of Hong Kong and even the entire Chinese circle regarded Lin Zuhui as an idol.All kinds of beautified books have started to be sold in the Chinese circle through unauthorized pirated editions, spreading the glory of Lin Zuhui to the entire Chinese circle.

Lin Zuhui himself has heard about it, but he can't stop these pirated books, some of which are even mainly sold in the mainland.Thinking back to the time when I was holding a "Biography of Superman Li" and reading it with gusto, I vowed to become a millionaire.

Actually?Reading those books does not help life at all, but only arouses enthusiasm for a while.

The important thing is, no matter how high you hold it now, how much you will "fall" in the future.

Fortunately, Lin Zuhui didn't care!
At the end of March, the Nikkei Futures Index was delivered, and Octopus Bank and New Era Group won a big victory.

The Nikkei closed at 16460 points on the delivery day, and Octopus Bank made four times the profit, earning a net profit of just over 60 billion, which was a little less than expected, mainly because the delivery date was approaching, and the bulls were pulling up.The acquisition of Barings Bank paid 103 billion Hong Kong dollars, which is equivalent to 43 billion Hong Kong dollars that need to be supplemented by Octopus Bank.

Although Barings Bank is currently under the Octopus Bank, if Octopus Bank is listed, Barings Bank will be transferred to Octopus Finance and will not be listed.

In this way, Octopus Financial Group has integrated commercial banks, investment banks, securities, and insurance, a four-in-one large financial institution.

Lin Zuhui's own group companies now include: New Times Group, Octopus Financial Group, LEIT Group, ATV Group, Wanhui Media Group, and Xiaomi Technology; there are also three private investment companies: Lin Zuhui Family Office, Hengjin Investment, and Jingwei Capital.

It's really complicated. No wonder some people say that Lin Zuhui's career is scattered and his energy may not be enough.

However, Lin Zuhui's strategy of "grasp the big and let go" is something that all entrepreneurs in the world cannot learn.

"Grasp the big and let go of the small" you must first grasp the "big". Entrepreneurs are not gods, and there are times when investment mistakes are made in the general direction. For example, Li Chaoren invested heavily in Europe and the United States at the end of the 80s. , and returned to Xiangjiang and the mainland again.

But Lin Zuhui has golden fingers, so he doesn't have to worry about making mistakes in the "general direction", so so many companies are developing very well today.What's more, Lin Zuhui is very talented, has a super brain, and can do a lot of work on details.For example, when he works in real estate, he is familiar with all aspects of real estate, and he understands the latest building materials, structures, and designs very clearly.

Thursday, November 3.

In the afternoon, Chen Bin came to Lin Zuhui's office.

"Boss, the 1994-1995 Xiangjiang government land auction officially ended today. The government's land sale revenue was 161 billion, and our company contributed a total of 32.5 billion."

Lin Zuhui heard that he was very satisfied with this result, which is not an exaggeration or a small amount; the important thing is that the New Times Group can make some money after completing the big project of "Digital City"; even when the financial crisis comes, there is still If the real estate company wants to quit, it will definitely be able to get back a little bit at that time.

He said to Chen Bin: "This year's property market is extremely cold, but the decline is not too big. What do you think?"

Test and test the general situation of his subordinates, after all, he is also the president of New Era Group.

Chen Bin said earnestly: "Many people followed the British and bad-mouthed Hong Kong. British capital is also selling properties in Hong Kong. In addition, the Hong Kong government cracked down on the property market last year. It is natural for the property market to adjust. However, the situation of shortage of supply has not changed. Hong Kong The general direction of the property market has not changed, so in the second half or the end of this year, I think it will return to an upward trajectory.”

Lin Zuhui nodded, Chen Bin's analysis was correct, and of course he didn't expect him to predict what would happen after Jiuqi, after all, the property market bubble hadn't yet been born.

In the previous life, from the fourth quarter of 1995 to the first half of 1997, the property market in Xiangjiang could be described as crazy, with an increase of about 100%.Taking residential properties on Hong Kong Island as an example, after the current decline of about 2%, the price is around 5000 yuan per square foot, but in the first half of the year, it will be as high as 10000 yuan per square foot.

Crazy!
However, it is difficult for Lin Zuhui himself and his companies to speculate in real estate at present, otherwise they will be easily criticized.

Of course, the New Times Group will definitely sell a large number of properties in the first half of 1997 to ensure sufficient cash flow, including some small buildings, which may be sold at a high price, as long as the price is ideal.

It is inconvenient for Lin Zuhui himself and his companies to speculate on real estate, but his concubines will not let go of this opportunity. At this time, they have already taken advantage of luxury houses, office buildings, shops and other properties in Xiangjiang, and the scale of funds is not small.

"Well, the analysis makes sense. So Xiangjiang has a redevelopment property for sale, and we can also buy it as a reserve land."

"Okay, I know!"

As long as you don't buy it in 1996~1997, it will be a good deal.And taking advantage of the downturn in the market, it is a good time to buy, otherwise how would the four major real estate developers monopolize the real estate in Xiangjiang?

After a while, Liang Zhenxun also came in to report on his work.

"Boss, all the tens of billions invested in London stocks have been bought."

Lin Zuhui said calmly: "Okay, long-term investment project, just monitor the situation after buying it."

Liang Zhenxun nodded. He knew that the boss seldom speculates in the short-term and short-term. After all, he is not worried about the ability of the securities department, and the boss has no energy to take care of it.

Then, he reported again: "Shorting Nikkei made a total profit of 22 billion Hong Kong dollars, and returned funds of 27 billion Hong Kong dollars."

Lin Zuhui showed a faint smile and said, "It's not bad, next year's financial report will continue to shine."

Although real estate is sluggish, if more promotional advertisements are made, then it is possible to stand out from the major real estate developers. Not to mention the growth of local real estate performance, at least it can be tied with last year.

Liang Zhenxun said with a smile: "The foreign exchange book profit is more than 16 billion. This year, under the command of the boss, the company has obtained a large amount of non-recurring profit. The shareholders are all laughing."

Lin Zuhui said: "Shareholders trust us, and we naturally want to seek profits for them."

The two chatted for a few more words before Liang Zhenxun left.

Lin Zuhui immediately thought about it!
If you say that the investment in high-leverage products has the greatest certainty, it is undoubtedly the foreign exchange of US dollars and yen.He knew with certainty that the lowest point this year would drop to 80 points, and it was only 88 points at present.

And once it falls to about 80 points, Lin Zuhui is also very clear about the subsequent trend. The strong start of the US dollar has laid the foundation for harvesting Asia.

Therefore, once it falls to 80 points, it is time to start buying more with a backhand.In this case, Wall Street united, it is impossible for Lin Zuhui's opponent.Even if they can get the dollar and yen to 70 or 60 points, with Lin Zuhui's wealth, they can blow them up.

Because of this, Lin Zuhui is now an invincible existence, and it is useless to unplug the network cable.

He used to think about not speculating in highly leveraged financial products, but he later found out that he was 'sick in his head'. With such a small amount of money, he started to inflate, and his mentality has not changed.

Although he has a lot of money, he only had a lot of cash flow in the second half of 1999, and when the Asian financial crisis came, his cash flow was not much.

Therefore, he wants to make more money and strive to have a full meal during the Asian financial crisis.

Then again, when Soros and other international financial hooligans were eyeing Xiangjiang, Lin Zuhui said that he would not participate too much.

First of all, with the participation of the Hong Kong Monetary Authority and the mainland foreign exchange, in the face of hundreds of billions of dollars, Lin Zuhui's strength is just a drop in the bucket;
Secondly, he himself is selling high and buying low, and it is right not to change history.

In the end, Xiangjiang needs a crisis, and then rebirth from the ashes. His "culture-based port" and "technology-based port" are the only way out.

Because Lin Zuhui knew that Xiangjiang had 'won' in this battle and was not as embarrassed as Thailand and Indonesia, so he would not forcefully interfere.

Moreover, after the stock market and real estate plummeted, if Lin Zuhui came out again, he could use the name of "saving the market" to buy the hearts of the citizens. This is the best "Oscar"; Will the pension give you leeks to fill in the holes?I want to fart!
Therefore, the major companies under Lin Zuhui will ensure sufficient cash flow before the financial crisis; and he himself is the same. At that time, he will have a lot of bullets and harvest the whole of Asia.

On Saturday, Lin Zuhui and Lee Shau Kee met at Fanling Golf Club.

The two played golf, and Lin Zuhui let Li Shau Kee make two to three strokes per hole (three strokes later), and the price of each stroke was 10 Hong Kong dollars.After three rounds, it may be several million rounds.

Because of the large number of handicaps, Lin Zuhui is not sure of winning, but at least he loses less and wins more.If he does not give up the shot, there are not many people in Xiangjiang who are his opponents, and everyone will avoid him and stop playing.

Of course, with such a game of several million, no matter how unlucky a rich man is, it will only be tens of millions a year, and no one cares about it.After all, the effects of fun and connections cannot be bought by tens of millions.

"Fourth uncle, your physical strength is good today!" Lin Zuhui said with a smile when he saw Li Zhaoji swing a big shot.

"Yeah, I feel good recently, maybe it's because of the good weather!" Lee Shau Kee said proudly.

There is hope of winning this hole. Fanling Golf Course has [-] holes. If you win a hole, you will win by at least one stroke, or even two strokes.

Recently, even Lee Shau Kee lost 1400 million Hong Kong dollars (10 per hole) in a golf match, which almost caused a public opinion war in Hong Kong; fortunately, the rich are relatively silent about gambling, but Zheng Yutong accidentally revealed some information, so Hong Kong media was in an uproar.

Zheng Yutong and He D Wang are the kind of people who are easy to open up situations in front of the media, so they are very popular in the media.

"It's better to be in Xiangjiang. There are only a few days of winter in the four seasons of the year!" Lin Zuhui sighed.

Although he is in good health and is not very afraid of the cold, he still doesn't like winter.

Lee Shau Kee said with a smile: "I see that you are always abroad recently, I thought your focus has shifted overseas!"

Although it was a joke, Lin Zuhui still said seriously: "Xiangjiang is based on the fact that even if it earns 100 billion US dollars overseas, it will eventually have to be returned to Xiangjiang."

Li Zhaoji's heart trembled. To be honest, if there were four major families in Xiangjiang, then there must be no Lin Zuhui family; because the other four major families were not qualified enough to be compared with the strength of Lin Zuhui's family.Therefore, the Lin Zuhui family is now a super family, a real chaebol.

Logically speaking, with such a family in Xiangjiang, Lee Shau Kee believes that it still has a great impact on the development of his family, at least in terms of real estate.At present, the Lee Shau Kee family’s businesses are mainly two large companies, Henderson Land and China Gas. Of course, the Lee Shau Kee family holds a relatively high shareholding in Henderson, reaching 60%, and there is also a private real estate company, so his annual dividend is second only to Yu Lin Zuhui.

If you can't beat it, just join, this is Lee Shau Kee's idea.

Therefore, Lee Shau Kee asked generously: "In the second half of this year, the properties above the stations along the airport and railway lines may start bidding. Is it certain that New Times Group will win the airport and railway terminal?"

Lin Zuhui didn't answer and asked instead: "Fourth Uncle doesn't take care of his friends and descendants, join forces with Sun Hung Kai?"

Hearing this, Lee Shau Kee said with a smile, "What's the use of joining forces, and how much more money can you have?"

In March, the annual financial reports of Lin Zuhui's various listed groups were released, which shocked the entire Hong Kong, and even spread his reputation overseas.The four major listed groups have gained a total net profit of 275 billion Hong Kong dollars.Converted into US dollars, that is 35 billion US dollars.

The net profits of the four major listed groups have surpassed the HSBC Group and the Cheung Kong Group, and they have become a veritable chaebol in Xiangjiang.

Only then did Lin Zuhui say: "Then let's form a group. To tell you the truth, I've taken a fancy to Central Terminus. According to my guess, Landmark should return to Hong Kong to defend their position in Central."

Lee Shau Kee said with a smile: "Now you have a little less rental properties than Hongkong Land in Central. If you win the bid this time, you will lose a lot of land."

Lin Zuhui smiled, he really didn't care about all his opponents, so he said "arrogantly", he could point to a group of consortiums in Xiangjiang and said: "You are all 'long-winded', you can go together!"

"Central Terminus, New Times Group will take [-]% of the equity. If the fourth uncle joins, he can get [-]% and keep the remaining [-]%. Maybe other organizations will come to me, such as Bank of China."

Although Lee Shau Kee only allocated [-]%, he didn't care about it at all, and immediately agreed with it.

As for Zheng Yutong, Lin Zuhui knew that he would not be interested. After all, Central wanted the top price, and he just didn't like the top price.

This kind of personality also caused Zheng Yutong to have the best family background among the four major real estate developers, but New World Development was the worst; if it weren't for Chow Tai Fook Jewelery, his name in the four major families would not be worthy of his name.

For example, this year's real estate downturn, Cheung Kong, Henderson, New Era, and Sun Hung Kai are all cutting prices, but New World's activities are small, so naturally sales are not good.

Poor sales mean that capital returns are slow, so how to buy land and buy bottoms?

Therefore, Zheng Yutong's temper is: he neither tops the price nor tops the bad market.

Then, Lin Zuhui said: "Uncle Si, the chairman of Miramar, I would like to invite you to do it. The general manager will be dispatched by our company."

Yang Bingzheng died of a heart attack in early March, so Miramar Hotel Group can now change the dynasty.

Li Zhaoji thought for a while, then nodded!

He knows that the chairman of the board of directors means that the symbolic meaning is greater than the actual meaning. At present, the hotel industry of the New Times Group has completed the asset restructuring. , has been vigorously developed.

Zheng Yutong's New World Hotel Group is vulnerable to Langham Hospitality Group, so to speak.

At this time, the Miramar Hotel Group has developed more than a dozen three- and four-star Miramar hotels in the mainland, plus a first-class commercial building of 180 million square feet in Kowloon, which is also of great value.

It is obviously not enough for Langham Hotel Group to hold only 34.5% of the shares. Lin Zuhui plans to wait for the Asian financial crisis to join hands with Lee Shau Kee to privatize it.

(End of this chapter)