Lin Zuhui and Liang Zhenxun walked out of the HSBC Building with satisfaction. Just now, their New Era Real Estate received support from HSBC and obtained a 200 million loan.
Looking back at the HSBC Building that was put into use this year, Lin Zuhui said: "This building was built with 5.5 billion, not including the land price. HSBC is really rich!"
The HSBC Tower is 48 stories tall, which is nothing in terms of height. However, the HSBC Tower does not use concrete pouring. Instead, it is made entirely of huge steel pipes, and its exterior is entirely made of aluminum plates and glass. The construction cost of 55 million is the highest in Hong Kong.
In its previous life, it ranked first among the five representative buildings in Hong Kong at the end of the 1980s, and also ranked among the top ten modern buildings in the world this century.
"The Point Guard Is Here"
Liang Zhenxun used to be a senior employee of HSBC. If he didn't change jobs, he should be working there at this time.
However, he did not have any nostalgia at this moment, and just said: "Our New Era Real Estate can also build skyscrapers in the future!"
Lin Zuhui said without hesitation: "This is for sure, we will build the tallest skyscraper in Hong Kong in the future, a new landmark in Hong Kong!"
At this time, he thought of the Central Plaza, which was built in 1989. When the time comes, he must unite with New World and Gaosheng Real Estate to defeat Xinhe Real Estate and Sun Hung Kai.
However, when he thought about the huge resources needed to complete so many large projects in the future, Lin Zuhui suddenly thought of a new era real estate development strategy.
"By the way, after this wave of expansion, I plan to let New Era Real Estate start to develop from within! Construction companies, mechanical engineering, air-conditioning engineering, property management and agency, decoration engineering, we have to dabble in these, learn from Sun Hung Kai and become a professional
A building factory for the entire industry chain.”
Yang Zhenxun immediately said: "Is it too big a step?"
Lam Cho-fai said: "This is just a long-term strategy, and we don't need to develop into as big as Sun Hung Kai. We should strive for refinement rather than more! As for the funding issue, I know it well. The company is not short of money!"
Liang Zhenxun nodded and said with shame: "Boss thinks long-term, we always consider the immediate difficulties!"
Lin Zuhui patted him on the shoulder and said: "It is necessary to remind me from time to time!"
Although he said this, it seems that no one else can influence Lin Zuhui's opinions on the matters he decides.
Both sides see things from different perspectives. In Lin Zuhui's view, there is countless money in the stock market; in the view of his subordinates, the company's debt ratio remains high, its development speed is too fast, its ability to resist risks is too low, etc.
In fact, the development of real estate in the new era is not very exaggerated. It is only a little bit better than what Liu had in his previous life.
In his previous life, Da Liu was really a talent. He only entered the real estate industry in 1985. In 1987, he was able to go to Beijing to cooperate in the development of commercial housing for external sale, and the number was still No. 1; not only that, the property purchased by Da Liu in 1987 was worth at least
3 billion (also borrowing heavily). He is not a time traveler, but Lin Zuhui obviously has to admire his ability to do so well. It is said that he had invested in junk bonds in the United States in the early 1980s and made a lot of profits.
However, in this life, he does not have Huazhi, a well-established company, and his strength is almost broken. Even if he acquires a substitute real estate company, his strength and credibility are far from enough, and the rights issue fund-raising will not be so smooth.
Lin Zuhui and Liang Zhenxun went to five banks non-stop to get the loan funds of 600 million, but it went extremely smoothly; basically there was no excessive review by each bank. After taking out the mortgaged property, the approval was quickly passed.
After getting the loan, Lin Zuhui said to Liang Zhenxun: "The company invested 100 million in funds and found a securities company that could provide us with five times the leverage. When the market fell back to 1750 to 1800 points, we bought Wharf and Hutchison Whampoa.
Waiting for blue chip stocks.”
The total market capitalization of Xiangjiang's stock market is currently more than 260 billion. Even if Lin Zuhui personally purchases 2.5 billion stocks (also five times leverage), it will have little impact on the overall market (accounting for 1% of the shares).
Then, Lin Zuhui plans to allocate 1.5 billion investment quota (five times leverage, principal 300 million) to New Era Real Estate and Chinese Real Estate for investment; in this way, it will only account for 1.5% of the market, and will not change the market. On the contrary,
It will push the market up.
He knew that the first half of the year ended at less than 1,800 points, and in the second half of the year it would rise to more than 2,500 points, with the market rising by 40%; if leverage was used, the profit would be doubled.
In blue-chip stocks alone, Lin Zuhui personally invested 4 billion (800 million principal) in New Era and Huazhi.
As for futures contracts, we need to test the market capacity issue first.
Liang Zhenxun nodded. Regarding investing in foreign exchange and securities, he had already seen Lin Zuhui's superb methods and regarded him as his idol.
"Well, I'll go make preparations right away!"
After Liang Zhenxun left, Lin Zuhui held his head.
"What I am doing is counterproductive! However, I have made a lot of money for the company in foreign exchange and securities, which is similar to the way Liu in his previous life used the company to rob ten listed companies and made a profit of 780 million yuan."
"With a shallow foundation, it is impossible to develop in an honest way!"
New Era Real Estate has a debt of nearly 1.5 billion. According to the interest rate of 11%, they need to pay 165 million in interest a year. If they sell the house honestly, I am afraid that 50% to 60% of the profit from the development site in a year will be taken away.
Pay interest.
As a result, even if there is no eye-catching financial report, investors will probably be resentful, and the stock price will naturally suffer a big setback.
Therefore, land banking is really not something that ordinary real estate companies can play with!
Even the powerful Hang Lung Properties has lagged behind New Era Properties in terms of land bank.
Although we can't see its advantages at present, in a few years, new era real estate developers will make huge profits from 'cheap' land; and those real estate developers without much land reserves will use land with high market prices.
You know how painful it is in your heart.
Of course, land banking is not only risky (the crash will have a serious impact), but it will also take up a lot of the company's profits to pay loan interest.
In the long run, it's certainly worth it!
.......
Lin Zuhui also ran a loan for Chinese Real Estate, and finally got a loan of 200 million. Chinese Real Estate was instantly burdened with a heavy debt of nearly 500 million. The original asset value of Chinese Real Estate was only 900 million. Even if the assets purchased with a 200 million loan were added,
The debt ratio is also nearly 50%.
Calling Gao Yi, the general manager of Chinese Real Estate, Lin Zuhui said: "You contact the securities company that can provide us with five times the leverage, expand the money we just borrowed to 1 billion, and buy Hong Kong Electric Light, China Gas, and China Electric Power.
For blue-chip stocks such as Hutchison Whampoa, the best buying point is 1,750 to 1,800.”
Gao Yi went happily!
There are many securities companies in Xiangjiang that can provide five times leverage, not to mention the excellent reputation of Chinese Real Estate. They are not afraid that they will not be able to increase their margin in time, or that they will not be able to close their positions in time.
After handling the affairs of the two companies, Lin Zuhui called his personal "securities broker" Liang Botao.
Lin Zuhui revealed his plan to personally invest 500 million in funds and seek 5 times leverage to invest in stocks. A look of surprise flashed across Liang Botao's face.
It's very simple. Lin Zuhui is a self-made person. Logically speaking, his company has grown so fast that the only way he can invest in it is through rights issues.
Nowadays, Lin Zuhui can provide a deposit of 500 million, which is obviously a strong financial strength. Where did this fund come from?
Liang Botao thought of stock pledges, or Lin Zuhui was good at investing in foreign exchange and made money from short selling USD/JPY.
"How's it going? You, my 'stock broker', are ready to take over!"
The joke between the two at the beginning was now coming true.
Du Huilian is regarded as Li Chaoren's stock broker by the outside world. Now Liang Botao, who is as famous as him, is willing to be Lin Zuhui's personal broker?
"Of course there is no problem! As a high-ranking stock gin, I'm sure I'll take you for granted! Don't worry, I have enough time and I'm very motivated!" Liang Botao said with a cheerful smile.
In fact, there is no salary for this kind of stock broker. Liang Botao is equivalent to helping Lin Zuhui run for free, that is, without any salary; but Liang Botao understands that Lin Zuhui's network is the most important. Today's young man,
He is already a candidate for one of the top ten chaebols in Hong Kong and has great potential.
And Lin Zuhui also understood that he would not treat Liang Botao badly. Not to mention that he would start a business in the future, he would be willing to join; after the success, his benefits would also be indispensable.
When Lam Cho-fai launched his own investment plan, he just followed the real estate blue-chip stocks like Sun Hung Kai, Henderson, New World, Cheung Kong, New Era, and Hutchison!
To put it simply, before October 1987, the Hang Seng Index reached 3900 points; after that, the Hong Kong stock market became the worst securities market in the world, plummeting by more than 40%, and it did not recover until four years later!
There is also a data that I can remember. According to statistics, the market value of Sun Hung Kai in 1989 was 20 billion, but now it is only 10.5 billion. According to calculations, the market value of Sun Hung Kai in 1987 could be as high as about 25 billion, an increase of 1.5 times in more than a year, which is enough for Lin Zuhui.
Add five times the leverage investment.
Liang Botao listened to Lin Zuhui's investment plan and said: "These investments will not affect your career, right?"
Only good friends can give good advice, and the meaning is very simple, let Lin Zuhui consider the issue of risks.
"It doesn't matter, I earned this money from foreign exchange and it has nothing to do with my company!"
"Well, I feel relieved now! The investment plan you mentioned is actually very sound, but I just want to remind you about the risk. Okay, I will solve the leverage issue for you, and we will communicate later!"
Lin Zuhui nodded. Liang Botao was backed by the large American conglomerate Wan Guo Baotong, so he naturally did not need to consider the issue of large leverage funds. What's more, Lin Zuhui's own strength and reputation were outstanding, so there was no problem that no one would refuse to give him money.
In fact, Lin Zuhui has pledged a lot of stocks and obtained a loan of 200 million!
Now after taking out 500 million in funds, he still has 150 million in funds, and he plans to find someone to do futures contracts alone.
After all, eggs can't be put in one basket.
And the speed at which he makes money will be scary, so it’s better not to show it all.
.......
When New Era Real Estate and Chinese Real Estate obtained loans totaling 800 million yuan for development, Hong Kong and Kowloon were immediately shocked.
After Wang Qilin saw the newspaper in his office, he nodded helplessly. New Era Real Estate had left Gaosheng Real Estate far behind; even if he added the unlisted part, its scale would not be as large as the entire New Era Real Estate department.
The only thing that pleased him was that his personal assets grew rapidly, which was also due to Lin Zuhui's original advice. The 300 million land and properties he purchased a year ago have now earned a full 50%; plus other
His big move in real estate almost doubled his net worth in two years.
"The market value of Gaosheng Real Estate is only over 1.2 billion, and my personal real estate company is worth 1.5 billion. I have to find Zu Hui to help me choose the right opportunity to raise funds from Gaosheng Real Estate's rights issue in exchange for my personal properties."
.....
Zheng Yutong also saw the news about New World Real Estate's loans, and his face was a little surprised. Although he has the title of shark bold, in fact, New World Real Estate's debt ratio has always been only 20 to 30%.
"Where does his confidence come from, or is he just gambling?"
Although Zheng Jiachun on the side agreed, he didn't dare to show it. He can't make the decision in the new world yet. If he does, he must learn from people like Lin Zuhui, Liu Luanxiong, and Luo Xurui. He is optimistic about expanding the company through acquisitions.