Lam Cho-fai came to the Bumrungrad Industrial Center in Chai Wan, which will be the headquarters base of Wanhui Printing.
In February, Wanhui Media spent 9 million yuan to buy Bumrungrad Industrial Center. This industrial factory has an area of 28,000 square feet, and the unit price is 320 yuan per square foot.
After buying this industrial factory, Wanhui Media spent nearly 10 million yuan to purchase printing equipment and recruit staff; after integrating Tiantian Printing, Wanhui Printing Factory will become the largest printing center in Hong Kong.
Wanhui Printing Base can not only print its own magazines and newspapers, but also undertake external printing business.
"The Point Guard Is Here"
Accompanying Lin Zuhui during the inspection were Long Jingchang, president of Wanhui Media, Liang Guanhui, chief editor and editor-in-chief of "Men's Gang", Zhao Han, financial director, Chen Cheng, editor-in-chief of "Tiantian Daily", Xu Shenglin, editor-in-chief of "GOOD", and Sun, editor-in-chief of "Capital".
Hui, it can be said that all the high-level officials are mobilized.
While inspecting the printing base, Lin Zuhui was also chatting with everyone about other jobs.
"Boss, the sales volume of "Tian Tian Daily" yesterday was calculated. The total number is 232,000 copies. It is definitely the first daily newspaper in Xiangjiang!" Here Chen Cheng answered a phone call, trotted to Lin Zuhui, and reported happily.
Everyone around them smiled. The strategy of "Tian Tian Daily" was successful. Sales volume surged from 130,000 to 230,000 in three days, which was a full increase of 100,000 sales.
Correspondingly, of course, "Oriental Daily News", "Sing Pao", "Sing Tao Daily", "Ming Pao", "Xin Pao", etc. all experienced varying degrees of sales declines.
The worst thing is undoubtedly the "Oriental Daily". It should have dropped from 210,000 to less than 18, which is really a big hit.
Success is not accidental. "Tian Tian Daily" spent nearly 60 million yuan to upgrade; whether it was news collection overseas, Hong Kong, advertising and public opinion, as well as internal rectification, etc., it has been upgraded to a big level.
The industry has matured to this point. There is no so-called exclusive secret recipe. Only real big plans and big strategies can win.
"Well, this is a good thing!" Lin Zuhui nodded happily, but then said: "President Long, Editor Chen, Wanhui Media is not in a hurry for "Tiantian Daily" to make a profit, so next you will be responsible for news gathering and editing.
, we need to work hard, "Oriental Daily" is still our strongest opponent. The company has sufficient funds. In the second half of the year, I also plan to raise funds through rights issues, at least hundreds of millions of funds to develop the company. We are not short of money, and the stock market has great potential.
The money can be used by me."
Lin Zuhui directly explained what he said and gave everyone a beating!
Currently, the market value of Wanhui Media is close to 600 million, but Lin Zuhui will not be satisfied; when the Hang Seng Index reaches 2,000 points in the second half of next year, the market is also very hot at that time, and Lin Zuhui once again raises funds through rights issues and uses the proceeds to purchase properties and securities.
In this way, although Tiantian Media is a media company, its assets also include considerable properties. In addition, securities can bring a lot of profits to the company, so there is no need to worry about the company's profitability.
This kind of comprehensive group can greatly increase the company's ability to resist risks.
Sure enough, when everyone heard Lin Zuhui's words, they suddenly became excited.
After this boss completes an acquisition, he will always turn the acquired industry into a miracle and rejuvenate it with new vitality.
The sales volume of "Tiantian Daily" increased by 100,000 in three months. Even "Fresh Weekly", which was acquired less than two months ago, has vaguely surpassed "Oriental Xindi" in sales, taking the second place in sales of gossip magazines.
After the acquisition of "Fresh Weekly", it adopted the strategy of "open three and sell big packages". On the other hand, it roped in the writers of "Ming Pao Weekly" to write articles for "Fresh Weekly". Luyang Yi made two springs.
The person in charge of Wanhui Printing Base is Peng Guangshan, the person in charge of Tiantian Printing. He led everyone to visit the neat and clean factory building.
After listening to the report, Lin Zuhui said: "New factories are like this. It depends on whether you manage it well and whether there will be chaos in the future! I suggest you learn from the advanced management experience of the United States and Japan and strengthen the management of the printing base. Our printing base
, the future business can also radiate to the whole of Asia, and open branch factories overseas and inland, but you can’t let me lose the chain!"
He likes to draw cakes for others, and his subordinates also like this. After all, Lin Zuhui is young and it is normal to have lofty ideals.
"Don't worry, boss, I will definitely remember it and strengthen the management of the factory!"
"Strengthening factory management is a good thing, but it is better to use systems to restrain people, rather than relying solely on punishment and scolding to restrain workers. Instead, we need to care for workers humanistically. In short, you have to come up with a plan and submit it to the group for review."
Several senior executives also quickly took note of Lin Zuhui's words. After all, Lin Zuhui usually would not be directly responsible for such small things. If the boss was not satisfied, he would have to scold them and other senior executives.
.......
The next day.
The US dollar fell below 170 points against the yen, and Lin Zuhui slowly began to arrange the closing of foreign exchange positions.
He believed that there was sufficient time to close the position, because this time it fell rapidly, from 180 points in early April to below 170 points in less than 20 days.
He first arranged for New Era Real Estate Investment's 75 million (10 times leverage) to be closed, with a buying point of 202 points and a closing point of 169.5 points, making a profit of 1.9 times. The actual profit earned was 135 million and the capital withdrawn was 210 million.
Then, he contacted the three foreign exchange dealers he cooperated with and closed the foreign exchange investment of 50 million, 30 million, and 20 million (10 times leverage). The buying point was 203 points, the closing point was 168 points, and the profit was 2.08 times; the actual profit was 2.08 times.
The profit earned was 198 million, and the capital withdrawn was 298 million; the principal of 100 million was a loan pledged for stocks, and interest payments of 60 million were required; therefore, he finally received a profit of 192 million.
Finally, he came to the foreign exchange department of HSBC Bank and met Li Hongming.
This chapter is not over yet, please click on the next page to continue reading! "Mr. Lin, are you here to close your foreign exchange position?" Li Hongming said excitedly when they met.
Lin Zuhui’s investment was only 11.1 million yuan. He had bought it more than a year ago. At that time, the US dollar was at its peak of 261.5 points, and he used 50 times leverage. Because Lin Zuhui already had a company at that time, Li Hongming was not worried about his supplement.
The margin cannot be paid, so the leverage is very high.
Today, this investment has doubled 28 times, with a market value of 308 million, which can be said to be a huge profit!
"Of course, I want to close all the funds. I would like to thank Manager Li for his service over the past year!"
"Haha, Lin Sheng and I are old friends. When we see each other, this is what I should do!"
The two chatted for a while before Lin Zuhui stood up and said goodbye!
As for closing positions, Lin Zuhui is not in a hurry to see the results. There are plenty of opportunities anyway;
USD/JPY is expected to trade sideways for a period of time, giving enough time to close positions.
In fact, for three days in March, USD/JPY briefly fell below 170 points;
However, Lin Zuhui did not react at that time and immediately rose to 180 points.
However, Lin Zuhui is not in a hurry. He believes that there will be another chance in May and June;
Sure enough, in late April, the opportunity came.
What's more, Lin Zuhui's buying point is above 200 points, which is a guaranteed win situation, and his mood will naturally not be a roller coaster scene.
In the first half of this year, although the USD/JPY foreign exchange rate fluctuated, it actually plummeted overall.
...
Friday.
Lin Zuhui's personal account already had a huge sum of 480 million lying quietly, which was a huge amount of money that he had never seen before.
Moreover, as a billionaire, Lin Zuhui has never had a cash flow of more than 20 million in his personal account;
In fact, he usually only has a few million in cash flow, making him the most miserable rich man in Hong Kong.
Now, he is truly rich and can truly invest with his personal wealth!
His next target is the Hong Kong Securities Market—stocks and futures contracts:
First of all, stocks. The current Hang Seng Index is 1850 points, which is not a good buying point.
As far as he knows, after the Hang Seng Index futures contract came out in May, the Hang Seng Index dropped a bit;
It probably started to rise sharply in mid-July, from about 1,800 points to 3,900 points at the end of September 1987 (next year).
Since the Hang Seng Index has more than doubled during this period, Lin Zuhui believes that blue chip stocks can at least more than double and are very safe.
Of course, he would use a five-fold leverage method to speculate in stocks. He would invest 500 million in principal and enlarge it to 2.5 billion in principal to buy blue-chip stocks such as Sun Hung Kai, Henderson Land, Cheung Kong, Hutchison, New World, and Hutchison, as well as growth stocks.
Holds shares in New Era (currently 33%).
Secondly, Lin Zuhui will start buying Hang Seng Index futures contracts in June; Hang Seng Index futures contracts are very simple to buy and sell. For example, if the current Hang Seng Index is 1,800 points, then the value of one contract is multiplied by 50 times - worth 90,000 yuan.
But you only need to pay a 20% deposit, which is 18,000 yuan!
According to Lin Zuhui's memory in his previous life, as soon as the Hang Seng Index futures contract was born, it was favored by the citizens of Hong Kong. At the beginning, the daily trading volume was more than 1,700 contracts, which means the daily trading volume was more than 170 million. Later, the trading volume began to gradually increase, and in 1987
The trading volume on the day before the stock market crash was as high as tens of billions, which was nearly 30 times higher than when it was established.
Lin Zuhui plans to use hundreds of millions of funds for fun. He believes that there will be no problem in making a lot of money before the stock market crash; if there is insufficient funds, he can also get a stock pledge loan.
If you make more money, you will naturally buy a big villa, a luxury yacht, and a luxury car, and it's time to enjoy life.
You cannot make money all the time without spending money.
...
"Dongdong"
There was a knock on the door, and Lin Zuhui quickly retracted his thoughts. It was really embarrassing for such a big chairman to daydream.
The person who came in was his best man Liang Zhenxun, who was in charge of the finance of the New Era Consortium. Now the tide has lifted all boats and he has become a well-known executive in Hong Kong.
"Boss, I would like to ask about the use of the 210 million funds withdrawn from the company's foreign exchange. I can arrange it!" Liang Zhenxun said respectfully.
Although he is the financial steward of the New Era Consortium, in fact the tens of millions of funds involved are still handled by the chairman and he is just handling it.
"Well, let's buy land and old buildings! The company will make a lot of profits from developing real estate this year, and the funds collected can be used to repay the loan and restart the real estate, so there is no need to wait for the money to be used!"
"Okay, I will send the marketing department out to buy the land and old buildings as soon as possible!"
Lin Zuhui nodded. Before May 1987, New Era Real Estate only bought land and old buildings. There was no need to worry about expensive purchases!
As for the opening of new real estate projects, there is no need to stop. The August 7th stock market crash did not have a particularly big impact on real estate. In addition, real estate developers pay attention to "goods rotate" and cannot shrink from the flow of funds.
Finally, Liang Zhenxun asked: "Then if we make a profit by closing our foreign exchange positions, do we need to announce the specific number (135 million)?"
"Let's announce it, we must also be responsible to our shareholders! Remember, if a reporter asks, tell them that New Era Real Estate will not invest in finance for the time being and will focus on real estate! Don't make it seem like we are not doing our job properly!"
"The boss is joking. If you hadn't brought a lot of non-recurring profits to the company in the past two years, the company's development would have been reduced by at least 40%!"
It makes sense, after the announcement of non-recurring profits, the stock price will rise; the more the stock price rises, the more funds will be raised through rights issues; the more funds will be raised, the more land and old buildings will be purchased; the more the company's assets will appreciate, the more bank loans will be raised.
Much.
Lin Zuhui calls this effect the ‘pumping machine effect’!
This seems to be an important reason for the rise of real estate in the new era!
"Go ahead, New Era Real Estate has grown up, there is no need to take risks anymore! In the future, even if there are good investments, I will use Chinese real estate."
"OK!"
The New Era Real Estate Department's ability to resist risks has been greatly enhanced. Even if Huazhi Investment fails, at least New Era Real Estate is stable.
However, what Lin Zuhui didn't know was that he would soon break his promise. Of course, this was something to be said later.
It is also understandable that no matter how much personal wealth there is, if there is no corresponding social status and contribution, it cannot provide a large number of social jobs and tax revenue; that is, it is like a child carrying gold nuggets through the busy city, which is extremely dangerous.
Moreover, the company is a weapon in Lin Zuhui's hands, and he must sharpen this weapon faster.