Chapter 185186 [Strengthen the Alliance] (For the whole month
September 29, Monday.
A new week has begun, and Lin Zuhui decided to devote himself to work.
Because he deeply realizes that money is the greatest charm of a man.
Liu was interviewed in his previous life and regretted not making more money when he was young and spending too much energy (10 years) on fun.
(Sacrificing Da Liu again, snickering!)
Lin Zuhui deeply believes that when you are young, you still need to make more money. The environment for making money in the future will not be as good as this era, and you will regret it later.
The conference room of New Era Real Estate.
Lin Zuhui was holding a meeting with senior staff. He was personable and always had a confident face, which made everyone in the conference room feel like spring breeze.
These people have always felt that their boss is a very charming person, and working with him is always inadvertently infected and makes people's blood boil.
"Director Liang, how much did we earn from our futures contracts?" Lin Zuhui asked by name.
At the beginning of July, New Era Real Estate took 100 million in cash and purchased 5,500 September contracts. The settlement of September index futures contracts began last Friday, and the profits can already be calculated.
"Excluding commissions, transaction income taxes, etc., the total profit is 61 million, and the withdrawn funds are 161 million Hong Kong dollars, which are expected to be received before this Friday."
Lin Zuhui nodded. The average buying point for these contracts was below 1,800 points. Last week, the Hang Seng Index closed at 2,030 points, with a gross profit of 12,000 per contract.
"Calculating this, our non-recurring profits this year have exceeded 200 million... In the market, many people have criticized us for excessive loans, and bank interest has swallowed up a large amount of real estate development profits! Director Liang, remember to announce it to the public,
It will improve our company's credibility and stock price, and also silence the critics who slander us!"
Real estate companies in Xiangjiang speculate in stocks and real estate, which are all within the scope of business. It is not a strange thing. It is your ability to make money!
The negative news about New Era Real Estate still needs to be dealt with to avoid dragging down the stock price!
The loans of New Era Real Estate are around 1.5 billion. Since the bank interest rate is currently cut at 10%, they need to pay more than 150 million in interest every year. In theory, this is an extremely risky approach!
"Okay! What those people don't know is that the non-recurring profit of 200 million is just the tip of our iceberg; we have made huge profits from speculating on industrial plants and investing in blue-chip stocks."
The senior staff all showed expressions of approval, feeling somewhat like they were vindicating their grievances.
Speculating on industrial plants, it is expected to make a profit of 210 million by the end of the year and withdraw funds of 280 million;
By speculating in blue chip stocks, you have already made a profit of 100 million. If you close your position now, you can get back 200 million;
New Era Real Estate's annual report (profit) this year can definitely be ranked among the top ten real estate properties in Hong Kong!
Lin Zuhui then said: "Do you have any good suggestions on how to use this fund?"
At this time, he plans to wait until the settlement of the September index futures contract, and then continue to invest the funds withdrawn personally into the index futures contract, while his affiliated companies will not invest in the index futures contract for the time being; after all, the size of the market is there, and it is not appropriate to invest too much to avoid causing losses.
The market changes too much.
Next, senior staff spoke one after another.
Some people suggest paying off debt and reducing the company's risks!
Some people suggested purchasing land and old buildings to continue to increase the company's land bank!
No one recommends investing in finance anymore, after all, the risks are high.
Lin Zuhui listened carefully to everyone's opinions, and then said with finality: "Let's buy land and old buildings. As for the problem of high debt, that is something we should consider next year! Director Liang, you are responsible for that!"
"Okay, boss!"
The land bank of New Era Real Estate has ranked among the top ten real estate companies;
Everyone is even confident that New Era Real Estate will become one of the top ten real estate developers next year.
...
At the end of September, the Hang Seng Index continued to rise, and the stock market was in good shape.
At the same time, Liu Luanxiong officially showed his fangs and made a bluff to acquire China Gas.
In fact, as early as April, there were rumors in the market that Amco was going to acquire Towngas;
At that time, Liu Luanxiong did not refute, but he was slowly absorbing Towngas in the market.
Today, Aimeigao has controlled a real estate company, Huamei Real Estate, and its strength has been greatly increased;
Coupled with the booming market, he officially showed his fangs.
At this time, the stock price of Towngas was at 15.5 yuan, and it was natural that it would immediately experience a surge.
One wave came after another. Just when the China Coal scandal broke out, it was reported in the market that Liu Luanxiong was preparing to acquire Bank of East Asia.
East Asia was jointly founded by senior bankers Feng Pingshan, Jian Dongpu, Li Guanchun and others. Their descendants Feng Bingfen, Jian Yueqiang and Li Fushu are all famous figures in today's business and political circles in Hong Kong.
However, for snipers, they are not afraid of your overwhelming power or wealth, but they are afraid of your strong holdings (more than 35%).
At this time, the total shares held by Li, Jian, Feng and their friends were less than 20%, making them natural prey.
How many shares Liu Luanxiong holds is a mystery.
The Bank of East Asia's board of directors was afraid that the shares held by Mr. Liu would be enough for him to occupy a seat on the board of directors. Suddenly, the three major shareholders felt a chill on the back of their necks, as if a stock market killer had a sharp sword behind their backs.
At this time, the two major enemies of the Li family and the Feng family were acting in unison and vowed to protect the Bank of East Asia to the death;
The three families invited Lee Shau-kee, who was also targeted, to join the board of directors. Lee Shau-kee discussed with the three major shareholders: Sweep the shares of Bank of East Asia in the market!
.......
In the office of Chinese Real Estate, Lin Zuhui also got the news that Liu was targeting China Gas and Bank of East Asia at the same time. He couldn't help but admire his courage and his fear of notoriety.
Strictly speaking, Lin Zuhui has never actually attacked a listed company. In fact, he has participated in three attacks on listed companies, namely Aimeiguo, Nengda Technology, and Dasheng Real Estate.
He does not need to directly attack listed companies, because Liu spent all his efforts to attack listed companies. A blue-chip stock like China Gas can only earn 130 million;
And New Era Real Estate Group speculates in blue-chip stocks, futures index contracts, industrial buildings, and off-the-plan properties. Once leverage is added, none of them will make more money than him.
However, this time Liu's attack on the Bank of East Asia will allow Chinese property buyers to make a fortune.
Because in April, Chinese Real Estate invested 20 million yuan in capital and bought a lot of Bank of East Asia stocks with five times leverage.
Now Liu Luanxiong is attacking the Bank of East Asia, and the three families of Li, Jane, and Feng join forces with Lee Shau Kee to sweep the shares of the Bank of East Asia on the market, which will cause the East Asia stock to rise by 70% in a short period of time.
Originally, the Bank of East Asia stock held by Chinese Real Estate was already worth more than 120 million, and I am afraid it will make a lot of money next.
Calling Gao Yi, the general manager of Chinese Real Estate, Lin Zuhui warned: "The situation among the directors of Bank of East Asia will definitely sweep the market, and the stock price will skyrocket in the next two months. Remember, if the stock in our hands rises by another 50%, we will
Slowly start to let it out."
"I've remembered it!"
Lin Zuhui nodded. He was afraid that he would forget this, so he told his subordinates in advance.
The Chinese real estate buyers made a huge profit of more than 80 million without any effort, while Liu was in the forefront and only made 100 million after hard work; this is the importance of information, and the Chinese real estate buyers do not need to bear a bad reputation.
Chinese Real Estate also invested 1 billion Hong Kong dollars in blue-chip stocks (200 million margin), and is expected to earn more than 400 million in net profits by the end of the year; from its investment in securities alone, Chinese Real Estate will earn more than 500 million this year.
There are also index futures contracts. Chinese Real Estate has invested in 7,500 December index futures contracts. The buying point is only 2,000 points. It is expected to make a profit of 180 million by the end of the year.
This does not include the 80 million profit from the development of Hong Kong and Macao and the 18% value of Hong Kong and Macao shares.
As a result, Chinese Land's cash flow at the end of the year is between 900 million and 1 billion. If it raises another 1 billion through rights issues, it will have a cash flow of 2 billion.
Enough loans to buy four Grade A office buildings - Twin Towers, Royal Tower, and Harcourt Tower.
...
Lukfook Jewelry launched a massive advertising campaign before its opening.
Especially Wang Zuxian, who became a first-line actress with "A Chinese Ghost Story", not only frequently appeared in advertisements as the spokesperson of Lukfook Jewelry; she was also reported by the media - Wang Zuxian was not only a spokesperson, but also a partner of Lukfook Jewelry.
.
That’s it!
The head of the Jade Girl stopped filming and became the Queen of Jewelry, and the media immediately reported it.
Although Lin Zuhui, whether in i.t Group or Lukfook Jewellery, had offshored his shares, those media were so powerful that they soon guessed that it was Lin Zuhui who was supporting Wang Zuxian behind the scenes.
"Fashion Queen vs. Jewelry Queen, Who is the Playboy Tycoon's Favorite"
"If you spend a lot of money to pick up girls, only the philandering tycoon"
"A woman who is a playboy tycoon has money and a career."
For a time, there were more and more such reports, making Lin Zuhui even more solidly known as the "philanthropic tycoon".
As the opening was about to begin, Lin Zuhui, accompanied by Huang Weichang, came to Lukfook Jewelery Central flagship store to inspect.
He was still the first to ask: "Have you purchased insurance?"
"If you buy it, you can be compensated up to 3 million, which is basically enough for possible losses!"
Lin Zuhui nodded. Although the Central flagship store is expected to have jewelry worth seven to eight million, the robbers will only rob the jewelry on the counter; they don't even know that the rest of the jewelry exists.
Of course, although dozens of jewelry stores in Xiangjiang are robbed every year, don't forget that there are 3,000 jewelry stores in Xiangjiang, and the chance is still very small. Unless brands with a large number of stores like Chow Tai Fook, Tse Ruilin, and Chow Sang Sang, they may be robbed.
The chance of grabbing is higher.
After the visit, Lin Zuhui was very satisfied with Huang Weichang's work. After all, others had already succeeded once in his previous life.
However, as a boss, you cannot appear incompetent, so Lin Zuhui put forward his own suggestion: "Lukfook Jewelry can set up a separate jewelry category - we use cost plus reasonable profits to innovatively promote the "one-price" jewelry, and strive to become "
Another pronoun for "genuine goods at a reasonable price". What do you think of my proposal?"
His suggestion is not a layman's talk, but a suggestion he formulated based on a strategy of his predecessor, Chow Tai Fook, in the 1990s.
Every famous brand should have its own characteristics, and "fixed price" may temporarily become Lukfook Jewelry's characteristics.
Huang Weichang thought for a while and said: "I think it is feasible. I will discuss it with my colleagues later and report to the boss!"
Lin Zuhui said with a smile: "Forget the report, you can just discuss it!"
He didn't want to make himself very tired. He obviously had a veteran in the industry, but he took everything from him!
The decoration of Lukfook Jewelry flagship store is even more reasonable and comfortable than that of Chow Tai Fook Jewelry, which makes Lin Zuhui even more sure that Huang Weichang is a super talent.
Lin Zuhui is very looking forward to the fact that if Lukfook Jewelry develops to a certain extent in the future, Lin Zuhui can use this company to store gold spot. He remembers that before 2002, the price of gold was below US$300 per ounce; and by 2012, gold
The price is already at $1,600 per ounce.
Coincidentally, at that time, his wealth reached a huge level, and investing in gold spot/futures was one of the best ways to increase his wealth.
...
...
The beginning of October.
At the Deep Water Bay Golf Course, Lin Zuhui was playing golf with the Zhengs and his sons. In fact, it was Lin Zuhui and Zheng Yutong playing golf. Zheng Jiachun liked to do things with his father and watched from the sidelines.
Playing golf is not the goal. Lin Zuhui also hates golf. The key is to have a good relationship with Zheng Yutong.
"Uncle Tong, are you interested in making a big investment together?" After Lin Zuhui's cool swing, he didn't look at the trajectory of the ball, but said to Zheng Yutong not far away.
He has a distinctive style of doing things. Even when he plays golf, he is said to have a "personality". After he swings, he doesn't care too much about where the ball will land. But in fact, Lin Zuhui's golf level is very high. In addition to his previous life,
Apart from playing, his physical coordination ability in this life is more important, and his strength is also superior to that of normal people.
Zheng Yutong was different. As a veteran in this field, seeing Lin Zuhui's skills growing day by day and often beating him, he suddenly became more competitive.
"Yes, your ball may be an eagle again... What kind of big investment are you talking about?" Zheng Yutong was concerned about the trajectory of Lin Zuhui's ball, which temporarily surpassed the big investment.
He didn't believe that Lin Zuhui could make any big investments. Now New Era Real Estate was dragged down by debt, and at most it was small and medium-sized projects worth hundreds of millions.
There are three types of golf courses: par 3 holes, par 4 holes, and par 5 holes. The distance of each fairway determines how many par holes the hole is. 'Eagle' means a hole in two, and 'birdie'
It's a hole-in-one.
However, for those who play golf all year round, it is rare to hit a 'birdie' once a year. If you hit a 'birdie' on that day, you will definitely give a big red envelope to the staff; even if you hit an 'eagle', it is still very difficult.
Yes, there will be no shortage of red envelopes distributed.
Lin Zuhui said with a smile: "I intend to buy the Twin Towers project at Admiralty MTR Station as an investment property!"
Zheng Yutong turned around sharply, and the golf ball on the ground no longer smelled good.
He was too familiar with that project. In 1981, Hang Lung Properties led a number of companies to form a consortium and won the bid for the development rights of nine subway stations on the island. The Twin Towers are the property development rights of the Admiralty Station; and New World also owns this consortium.
With a 25% stake, he is truly the second shareholder.
Because Zheng Yutong had many dealings with the Hong Kong government back then, Zheng Yutong was mainly responsible for negotiating with the Hong Kong government on this project, while Chen Zengxi, a taciturn and pragmatic person, just listened from the sidelines.
(The Blue Chimney land was originally 200,000 square feet. After negotiations between Zheng Yutong and the Hong Kong government, the Hong Kong government allocated 220,000 square feet to New World at a low price in the hope that the 'New World Center' project could become a landmark building in Victoria Harbour.
Show the world the 'great achievements' of the British Hong Kong government)
At that time, I thought I could make a lot of money, but in the end, I lost a total of 400 million tarts in subscription fees. New World lost 100 million based on shares!
By 1984, a consortium led by Sino Real Estate acquired the land for less than 400 million.
It can be said that Zheng Yutong was heartbroken. Now that Lin Zuhui mentioned this project, he naturally became very interested.
"The Xinhe Consortium has invested nearly 1 billion in construction fees, land fees, miscellaneous expenses, etc. in this project. Regardless of whether the Xinhe Consortium will sell it or not, I am afraid the selling price will be more than 1.6 billion!"
When he heard about the big project, Zheng Jiachun also joined in. He and Lin Zuhui are good friends, but he is not in power now, so Lin Zuhui usually just talks about business with his father, and the two of them play more together.
Lin Zuhui nodded and said: "It's not expensive, it's acceptable! If there are representative buildings in Hong Kong in the 1980s, the Twin Towers are definitely one of them. Its unique architectural shape can be said to be a classic and high-quality building; of course, I
The other four major buildings in my mind are Exchange Square, HSBC Tower, Convention and Exhibition Center, and Bank of China Tower!"
The Bank of China Tower was designed as early as 1982, and construction only started early last year, but the blueprints must have been circulated.
Hearing that Lin Zuhui listed his convention and exhibition center as one of the five representative buildings, Zheng Yutong and his son were very proud and happy.
Especially Zheng Yutong, he has loved big projects throughout his life. The New World Center was his previous favorite project, and the current Convention and Exhibition Center is his second favorite project.
Back then, with New World Center, New World Real Estate even temporarily ranked first among Chinese real estate companies. If it hadn't been for the Sino-British negotiation crisis, which caused some problems in New World, perhaps New World Real Estate would not have declined so quickly.
Zheng Yutong thought for a moment and said, "Do you plan to let Chinese real estate purchase the Twin Towers?"
He is a shareholder of New Era Real Estate, so he naturally knows that New Era Real Estate is making every effort to develop properties, and Chinese Real Estate is the flagship investment property company of New Era Real Estate.
Lin Zuhui nodded and said: "Funding is not a problem! The rights issue and bank loans are enough for Chinese Real Estate to have sufficient cash flow. As for this project, although it is expensive, I think it is very profitable. With the office buildings in Central and Admiralty
Nervous, these two buildings will not only perform well in terms of rent collection, but their own value may also increase by several percent every year."
Inviting Zheng Yutong to join has two main purposes:
First, if you take him along to negotiate with Xinhe Real Estate, you won’t suffer too much;
Second, strengthen the alliance between the two parties and find money together.
Zheng Yutong and his son made eye contact, and then Zheng Yutong said: "What percentage of the shares do we hold?"
But he has already made up his mind. Originally, if he let New World acquire the Twin Towers on his own, he would be a bit embarrassed. At that time, many people will say that you didn't buy the land at a low price back then (in 1984), but now you do
Is it stupid to buy property at a high price?
In fact, in 1984, Zheng Yutong was a little afraid to invest too much. The best project in his mind at that time was a convention and exhibition center that did not require a penny to pay for land. The one that was sure to make money!
Lin Zuhui stretched out two fingers to express 20%!
"Okay, two makes two percent!" Zheng Yutong said cheerfully.
Don’t blame him for not striving for more. In fact, New World Real Estate’s finances have been a little tight in recent years!
(So much so that in the previous life, New World had to sell the two hotel buildings in the exhibition center to an associated company (holding company) in 1988. After Cheng Jiachun came to power, he bought them back at a high price.)
For Lin Zuhui, losing 20% of the profits is nothing. Anyway, the two buildings will be managed by Chinese Real Estate in the future, and the profits will also account for 80%.
He is very optimistic about the investment in this building. As far as he knows, this twin building was sold for 3.8 billion in 1990. In more than three years, the profit can be doubled, which is definitely very suitable for investment.
"However, Huazhi's funds will not arrive until December!" Lin Zuhui said.
"It doesn't matter. We can go talk to Huang Tingfang first. Such a large-scale transaction and repeated negotiations will be very time-consuming!" Zheng Yutong said nonchalantly.
"Okay, this month, we will have time to talk!"
After playing golf, the three of them came to the clubhouse to rest and drink tea.
During this period, Zheng Jiachun joked: "Ah Fai, you are so kind to your girlfriends! In the past, there was the 'No. 1 Beauty in Hong Kong' who transformed into the 'Fashion Queen', and now there is a 'Jade Girl Head' who transformed into the 'Jewelry Queen'
.Aren't you afraid that they will take your money and kick you away?" After saying that, he couldn't help but laugh.
Zheng Yutong is also a master at this. He doesn't hide anything in front of his son and also joins in the joke: "It's hard for a hero to be a beauty!"
I don’t know if I’m making fun of myself or Lin Zuhui.
Lin Zuhui said nonchalantly: "It's just a small fight, and I didn't bother to take care of them. If they do well, it's their ability; if they don't do well, I can be considered benevolent and righteous."
If you can’t do it well, of course you have to give birth to your own child first!
Although the Zheng family also makes jewelry, others will naturally not take Lukfook jewelry seriously. The diamonds imported by Chow Tai Fook every year account for more than 30% of Xiangjiang's share; these diamonds are not only supplied to the market in Xiangjiang (tourists buy the most
), also supplies Southeast Asia, Japan and other markets.
The reason is very simple. Hong Kong is a highly free economic market with extremely low tax rates;
Buying diamond jewelry in Xiangjiang is far cheaper than in Japan, Southeast Asia, and South Korea.
"Which Luk Fook Jewelry company do you own a lot of shares in, and you don't even worry about it?" Zheng Jiachun asked curiously.
After all, he is also a competitor, so he naturally has to care about him, and his father doesn't want to lose face.
"The proportion of shares is large for the time being, but Huang Weichang is a talent. We signed an incentive equity award. I completely let him go with management rights. If he achieves certain goals, the company will reward him with shares to motivate him."
"The talent that can catch your fancy must be a real talent!"
In fact, Zheng Yutong has not managed Chow Tai Fook for a long time, and Chow Tai Fook is also managed by a professional agent.
The Zhengs soon lost interest in Lukfook Jewelry. Although they had the backing of Lin Zuhui, capital operation in the jewelry industry played little role. Everything had to rely on reputation and management.
Chow Tai Fook is already the most reputable jeweler in Hong Kong and has no worries about future competitors.
.......
Thursday, October 2nd.
Lin Zuhui's personal September index futures contract was settled, with a profit of 75 million and a withdrawal of 195 million.
He did not hesitate to take out 180 million and continue to buy the December Hang Seng Index futures contract; at this time, the Hang Seng Index had risen to 2100 points, and the rise was very strong this week.
At this time, the daily trading volume of futures contracts was around 10,000 contracts, and the trading volume was still increasing significantly.
Lin Zuhui has huge funds and can only buy in seven or eight trading days. The cost is expected to be around 2,200 points.
With a capital of 180 million, 8,200 contracts can be purchased, and the profit is expected to be more than 120 million by the end of the year.
As the trading volume of futures contracts increased dramatically, Lin Zuhui became more and more bold in futures contracts. He knew that before the August 7th stock market crash, the daily trading volume was even as high as 50,000 contracts. Later, because the margin could not be replenished, he was forced to stop trading.
Four days.
The larger the transaction volume, the more beneficial it is to Lin Zuhui.
He even made a bold estimate. He started entering the futures contract in June this year and expected to earn 800 million in cash by the end of this year.
It’s so scary, and it’s far more profitable than I budgeted.
Next year, he can earn a little more from futures contracts.