On Wednesday, Lin Zuhui took Long Jingchang and Zhao Han to the lawyer's office and signed a property deal worth 78 million yuan; the two-story Nanyuan Building in the Central District has a total property area of 30,000 square feet, and the current rent is 23 yuan.
per square foot.
Lam Cho-fai was already very sure of how fast the office buildings in Central were growing. Taking Exchange Square as an example, it was still 28 yuan per square foot. It was estimated to be 35 yuan per square foot at the end of 1987. It skyrocketed to 55 yuan to 62 yuan at the end of 1988.
, it may be above 80 yuan in the first half of 1989.
The reason why he is so sure is that firstly, he has seen some news reports in his previous life, and secondly, he has analyzed it now based on the decrease in the vacancy rate of Central office buildings and the possibility that the land king in Central District will fetch sky-high prices next year.
Although Nanyuan Building is not as good as Exchange Square, there is no problem if the rent doubles in two or three years!
Lin Zuhui would naturally not miss such a high-quality property. This is also due to the channel capabilities of the New Era Real Estate Department. There are properties for sale there and he can obtain first-hand information.
This channel is very important. When New Era Real Estate sells the same property, it will definitely sell it at a higher price than ordinary companies; when it buys properties, it will definitely be of higher quality and cheaper than ordinary companies.
With a brush, Lin Zuhui signed his name gracefully, and the deal officially came into effect.
Wanhui Media hands the owner a check, and this high-quality property belongs to him. It only takes six or seven years to pay back the rent, and its value will also increase.
The current price for the owner's sale is based on the monthly rent multiplied by 100 times, which means it will take nearly nine years to repay the rent. He is eager to immigrate, so he takes advantage of the current boom in property prices in Xiangjiang and does not hesitate to sell.
Returning to Wanhui Media, Lin Zuhui said to Long Jingchang: "There is a dedicated department responsible for property management, and you still have to devote yourself to your own business. The property value of Wanhui Media is 240 million, and its main role is to support the stock price.
And long-term investment, no need to pay attention.”
Long Jingchang nodded quickly and said: "The Economic Daily will be officially launched on New Year's Day. I am confident that I can successfully run this newspaper!"
Lin Zuhui said with a smile: "As the general manager of the entire company, you still need to fully delegate power to the Economic Daily team. They are professionals, and they should report this guarantee to me!"
Long Jingchang's old face turned red. The boss smiled and criticized him, which was already very embarrassing!
What the boss said makes sense. The president, editor-in-chief, deputy president, etc. of Economic Daily are all top talents in this industry, and their salaries are the same as those of the Tiantian Daily team. This shows that the boss attaches great importance to professional talents.
The Economic Daily doesn't know whether it makes money, but its influence on the boss must be very important. For this reason, the initial publication fee is as high as 20 million, and the issue of temporary profit is not considered.
"The boss is right. I am a little eager for quick success! From now on, I will focus on assisting the boss in coordinating the overall situation and doing a good job in everyone's logistics work!"
Lin Zuhui nodded!
.......
Monday, December 29th.
The Hang Seng Index closed at 2550 points that day. Lin Zuhui breathed a sigh of relief because today is the settlement day of the December futures contract, which means that the settlement will be 2550 points multiplied by 50.
Liang Zhenxun came to Lin Zuhui's office immediately after the market closed.
"Boss, the three companies have made a lot of foreign exchange profits this time. I have calculated the statistics and will report to you!"
Lin Zuhui nodded. Although he had an idea, he still had to rely on Liang Zhenxun's data!
"New Era Real Estate has a total of 4,400 futures contracts, with an average purchase price of 2,280 points. Each contract made a net profit of 12,800 yuan, with a total profit of 56.3 million yuan and a capital of 157 million yuan."
Lin Zuhui interrupted: "This fund will be invested in the development of real estate projects. Next year New Era Real Estate will no longer make financial investments and focus on real estate development!"
Liang Zhenxun replied: "Okay, I'll write it down!"
Lin Zuhui motioned for him to continue!
"Chinese Real Estate has a total of 7,500 futures contracts, the average buying price is 1,990 points, and each contract has a net profit of 27,200, with a total profit of 204 million, and a capital of 350 million!"
Lin Zuhui nodded and said: "Together with the money in the account, there is a total of 750 million in cash, plus there are 200 million worth of securities investments that can be cashed out. I have this money ready, I will use it!"
His idea is: after the restructuring of Jardine Matheson is completed, he will negotiate with Land and Land to purchase the Imperial Building and Harcourt Building. After the negotiations are confirmed, he will raise funds through rights issue to obtain 500 million in cash, which will only require a loan of 1 billion.
Looks like there's still some left.
There is no need to worry about this 1 billion loan, because the rent of the Royal Building and Harcourt Building is enough to offset the annual interest of 100 million, and there is still money to be made.
Although the debt of Chinese Real Estate was as high as 2.6 billion, Lin Zuhui's plan to raise funds through a rights issue when the Hang Seng Index reached 3,500 points and reduce the debt holdings to less than 2 billion was not a cause for concern.
When Lin Zuhui becomes rich personally, he can purchase the interests in Huazhi's building in the name of his family for stable long-term rent collection.
Liang Zhenxun had no doubts about him, but he never expected that his boss would stage a "big eater" again.
"good!"
He is the only one in New Era Real Estate who serves as a director of New Era Real Estate, Huazhi and Cathay Pacific at the same time, assisting Lin Zuhui in coordinating and managing the financial business of the three companies.
Liang Zhenxun continued: "Cathay City has two transactions: one is 3,100 contracts, with a profit of 16,000 per contract, a profit of 50 million, and a withdrawal of 120 million; one is 6,500 contracts, with a profit of 10,000 per contract
, making a profit of 65 million and withdrawing funds of 215 million. Therefore, Cathay City can withdraw 335 million of funds!"
Lin Zuhui breathed a sigh of relief. What he was most worried about was Cathay City Hotel Management Company, which could finally be dealt with now.
"Cathay City has sold the Hong Kee Building and all the securities it holds, and has raised the 500 million final payment for the purchase of the Furama Hotel. Without considering the 700 million loan, this 335 million is our working capital."
"Yes, the latest debt maturity is nine months later, and it only has a limit of 100 million. Many debts are due after one year."
Lin Zuhui banged on the table, thinking about how to use the funds.
At present, Cathay City Hotel Management only has three assets: first, high-quality rental properties worth 350 million; second, 70% of the equity of Furama Hotel, which has a market value of 840 million and has risen to 1.2 billion; third, the 335 million cash that has just been withdrawn.
Still have to invest in securities business, Lin Zuhui changed his mind again!
The investment securities business is inherently the business of Huazhi and Cathay Pacific, and they should not be deprived of their development opportunities.
"Assist Lu Donglai, take out 300 million in capital, leverage it to 900 million principal, and buy 900 million Hong Kong dollar blue chip stocks below 2700 points. Mainly buy Wharf, Hutchison Whampoa... these blue chip stocks
.”
Liang Zhenxun nodded without hesitation and said: "Okay!"
Lin Zuhui thought to himself that the current market value of the Hong Kong stock market is more than 400 billion, which is still enough to accommodate the funds of himself and his company.
If nothing unexpected happens, the principal of 900 million can earn more than 300 million before the stock market crash. In this way, the equivalent of Cathay City's 700 million debt has been offset.
Of course, there is no need to repay the debt until it is due.
Soon, he also reconsidered the debt problem of Chinese Real Estate. If the rights issue raised 500 million when the Hang Seng Index was between 2700 and 2800 points, he quickly invested in blue chip stocks and doubled the leverage to expand the principal to 1 billion.
, before the stock market crash, you should still be able to make a profit of about 350 million; or, if you continue to invest in futures contracts next year, you can make a profit of about 300 million.
In this way, the debt will be controlled at the level of 1.7 billion, which is a very safe number.
The "1987 Stock Market Crash" was caused by external factors. It was caused by the Black Monday in the United States that caused the global stock market to plummet. Hong Kong's decline was the largest in the world, with a drop of 43% in a single month, making it the worst stock market.
Other reasons include the Hong Kong stock market before the 1987 stock market crash, which had soared from 800 points in July 1984 to 3,800 points; and the Chairman of the Stock Exchange, Li Fuzhao, was so self-righteous that he directly shut down the stock market for four days, which led to even more panic.
Spread. And Li Fuzhao will also be in trouble because of this. He first stepped down and was finally sent to prison by the British. Before he went to prison, Li Fuzhao cursed Australian journalists, which also caused him to receive a lot of international pressure.
Because it is an external reason, Lin Zuhui is not worried about investing billions in blue-chip stocks and thus affecting the market.
After Liang Zhenxun left, Lin Zuhui calculated his profit from the futures contract and the withdrawn funds. The results were very gratifying: he invested a total of 320 million in principal starting from June, received a net profit of 600 million, and withdrawn 920 million of the funds.
His current personal debts are: 100 million borrowed for speculating in blue-chip stocks, 100 million borrowed for speculating on futures contracts, 250 million borrowed for raising funds from rights issues, and 80 million borrowed for building No. 75 Villa in Deep Water Bay, totaling 530 million in debt.
Because it is a stock pledge loan, the term is two years, so he is not worried about repayment.
We plan to continue to invest funds in futures index contracts. The current daily trading volume of futures index contracts is about 13,000 contracts, and the daily margin is 350 million, and this figure is still rising, so the market capacity is very large.
In addition, Lin Zuhui plans to spend 20 trading days buying a margin of 800 million, so I believe the market will not react much.
As for the small fluctuations, Lin Zuhui doesn't care at all. He only knows that it can reach more than 3,800 points by the end of September.
You can earn about 1.8 billion by yourself, and 2.6 billion will be withdrawn from the futures contract.
In addition, he can make a profit of 2.53 billion from blue-chip stocks. In this bull market, he has made an equivalent of 5 billion and withdrawn 6 billion.
...
Before getting off work, Lin Zuhui came to Guan Jiahui's office of i.t Group.
He sat in the chair of Chairman Guan Jiahui, and Guan Jiahui herself was only allowed to squeeze his shoulders. Cai Ning, who was more than five months pregnant, sat on the sofa and looked at the two of them with a smile, without any jealousy in her eyes.
Guan Jiahui's beautiful assistant Amy was busy giving the information to Lin Zuhui, mentally slandering this man who was so rich that he even checked the accounts of his woman's company.
If Lin Zuhui knew what this woman was thinking, he would definitely teach her a lesson. He was looking through the information to plan the development of i.t next year. He checked some shit. If the money fell on the ground, he would have to see if anyone was around before he picked it up.
!
Lin Zuhui briefly looked through the results of one year's development of i.t Group, with a faint smile on his face; the company itself did not invest much energy, and only invested less than 10 million.
But its development speed is really fast. 14 i.t stores have been opened this year, and small i.t stores are currently under preparation. This year's net profit in 1986 was 12 million.
In fact, the net profit is not that much for 14 stores. But you must know that because a lot of profits are invested in new stores, the net profit is greatly reduced.
It seems that Lin Zuhui did not invest too much energy, but in fact, the development relied entirely on Lin Zuhui's connections and resources to open 14 stores in a year. Bank loans, advertising resources, etc. are all invisible investments of Lin Zuhui.
In terms of advertising resources, i.t's advertisements have been inserted into "Wealthy and Rich" and "A Better Tomorrow" this year, and they only charge a symbolic advertising fee; not to mention, i.t's advertisements always have the same price.
, occupying the best position in "good magazine".
"What are your plans for next year?" Lin Zuhui closed his eyes and enjoyed Guan Jiahui's massage.
This woman used to enjoy Lin Zuhui's "massage", but now she is becoming more and more feminine.
"Next year we plan to open 10 more large i.t..."
"Too many! Cut in half!"
"Ah...ok! We also plan to open 5 small i.t..."
"Too many, three at most!"
"Ah...Okay! The last plan is that we plan to establish our own women's clothing brand only and..."
"Plan canceled..."
Guan Jiahui finally revealed her true face, and angrily walked directly to Lin Zuhui from behind the seat, then sat on Lin Zuhui with her big buttocks, and quickly put her hands around Lin Zuhui's neck.
Her beautiful eyes glared, and she said softly: "Okay, it's that little goblin who wants to take over our business! Then let her join our I.T. The shares will be shared equally, which will save trouble."
Lin Zuhui looked at Guan Jiahui, who was very angry near Chi Chi. He felt cute and beautiful no matter how he looked at her, and instinctively kissed her.
This woman will not refuse and responds enthusiastically.
After a long time, the two separated. Guan Jiahui's anger suddenly disappeared, and she quietly waited for the next step.
"I'm not wrong. The company is developing too fast and the foundation is not solid! The reason why we have to develop rapidly in the first year is because we want to expand the entire market. Now that we have barely done it, we need to consolidate the market well and then try to
develop."
After saying that, Lin Zuhui motioned to Cai Ning to express his stance!
Cai Ning said quickly: "I think what Ah Hui said makes sense!"
Guan Jiahui turned to Cai Ning dissatisfied and said: "I am fighting for the interests of both of us now. The 'Jewelry Queen' will soon surpass both of us!"
Cai Ning joked: "You are competing again!"
Guan Jiahui spat at Cai Ning shyly, then turned around and continued to bargain with Lin Zuhui: "Then why can't only be founded? Don't you even say that our own clothing brand will be our biggest source of profit in the future!"
Lin Zuhui was not honest in his hands, but he said honestly:
"That's it! You will consider your own brand in the second half of the year. Don't call it only, just call it ochirly. The inspiration comes from the poet Dante who was born in Florence, describing the city of 'Florence'... You will combine European fashion,
Move into Asia and return to Europe in the future.”
"As for the reduction in store plans, I'm just reminding you, woman, that your development speed is too fast, which will cause excessive expenses and weaken the company's ability to resist risks. Your career is so long, what do you care about in one or two years?"
Cai Ning said from the side: "She learned it from you!"
Guan Jiahui's face suddenly turned red. Cai Ning was sure to hit the target. Guan Jiahui had indeed been deeply affected by seeing Lin Zuhui "snake swallowing the whale" and invest "lavishly" recently, and she was bound to make a big leap in the field of clothing.
"Sister Ning!"
This woman also acts coquettishly towards other women. She is really a woman who loves to act coquettishly.
"I know, I will definitely listen to you!" Guan Jiahui turned around and said with conviction.
Compared with doing business, she admired Lin Zuhui ten thousand times.
...
End of December.
‘Cathay City Hotel Management Company’ has paid the Fu Laorong family 1.07 billion in full and officially took over the Furama Hotel in Hong Kong Central. This hotel belongs to the American Furama Hotel brand and needs to pay an annual management fee of 10%.
However, the leadership definitely belongs to Cathay City, and Furama Hotel only participates in assisting management.
The decoration of Furama Hotel in Central has actually lagged behind several other five-star hotels in Hong Kong. However, Lin Zuhui did not plan to renovate immediately. Instead, he put this plan after the stock market crash in 1989. By then, Hong Kong tourism industry would have a
The downturn period of about a year coincided with a luxurious renovation.
As for the 21st century, the building of this hotel building obviously does not meet the standards of a modern "beautiful building" and will definitely need to be rebuilt by then. As for whether it will be a hotel building or an office building after reconstruction, that is something to be considered in the future.
In short, such land will be worth billions in the future.
In the conference room of Furama Hotel.
Lin Zuhui sat in the main seat, flanked by Cathay Pacific City General Manager Lu Donglai, Executive Director Li Mingtao, followed by Furama Hotel General Manager Chen Siming, Furama Hotels brand partner Charlie and other hotel management teams.
"Through a period of communication and exchange, I believe that everyone has a certain degree of familiarity. The next step is for everyone to cooperate with each other to run the Furama Hotel well. I took a look at the profit of Furama Hotel in 1986. It was about 3,000
level of 10,000. I am personally very optimistic about the Xiangjiang Hotel business in 1987 next year and think there will be a big explosion! So I hope that everyone will work together to give the Furama Hotel a new look and entertain guests with a better appearance."
Lin Zuhui is not just talking big words. He is based on Hong Kong tourism passenger flow data, Hong Kong economic growth, and industry data reference, and determined that the hotel industry will enter an explosive period next year, so he plans to give Furama Hotel a "new look."
The crowd hurriedly applauded. They didn't dare to take a peek at the young Lin Zuhui, who was a new plutocrat in Xiangjiang. To be able to start from scratch at this age must not be based on luck, but on strength.
Next, the senior executives in the conference room reported their plans one after another. This was the report Lin Zuhui asked them to make in advance.
Lin Zuhui is not very knowledgeable in hotel management. Recently, he has started to join the management of Furama Hotel with a learning attitude. He rarely puts forward his own opinions and is more of a supervisor.
Since there is no way to renovate immediately, Lin Zuhui hopes that everyone will make new breakthroughs in service, experience, and food.