In the conference room of Leit Group, Lin Zuhui was listening to reports from various departments.
Currently, Leit Group is making big moves in three departments: crocodile shirts, Leit clothing manufacturing, and casual clothing.
Since Lin Zuhui's acquisition, the original crocodile shirt asset reorganization has been completed. Currently, the Leit Group has a total of five departments. The remaining two departments are: i.t fashion retail and Lukfook Jewelry.
Yang Chengjun, Director (Group Finance) who just joined Leit Group, made a financial report to everyone: "In addition to the 100 million already invested in Crocodile Shirt's one-billion-dollar plan, the second rights issue of 200 million has also been added to the company's account.
.Currently, the first tranche of funds has been used, mainly on..."
Everyone is very motivated, and the financial support provided by the group has never stopped.
Lam Cho-fai added: "I will contact various banks recently to secure a huge loan of NT$700 million for crocodile shirts. In addition to developing crocodile shirts, expanding factories and developing casual fashion are also the group's main strategies. As for Lukfook Jewelry and i.t.
Fashion retail, maintaining its original development speed, is also very eye-catching."
He plans to get this 700 million loan before the stock market crash, which will save a lot of trouble. After the stock market crash, banks will become stingy in lending money.
All the senior executives were shocked. When others announced such a billion-dollar plan, it would take at least a year to raise funds. However, my boss secured the funds in a few months, which shows that he works vigorously and resolutely.
After the meeting dispersed, Roger, who was in charge of the casual fashion department, came to Lin Zuhui's office.
With the organizational structure of the group, Lin Zuhui will gradually get rid of the situation where these brand leaders report directly to himself, and have unified management and scheduling of the group.
In the previous life of lvmh Group, its boss was not only good at acquisitions, but also immediately invited a large number of internationally renowned designers to join the acquired brand after the acquisition. Although the originally acquired luxury brand had a great reputation, its operations had actually reached a stage of
bottleneck, so after adding fresh designers, it suddenly became radiant again.
In the future, Leit Group will also do the same. The group has huge resources and manpower and can change the operating difficulties of its subsidiaries at any time.
Roger Hui reported: "Boss, I have investigated the situation of Jeanswest! This clothing chain has more than 30 retail stores in Australia and was founded in 1972. Jeanswest has business dealings with the Xuri garment factory in Hong Kong, and Xuri is the manufacturer.
, sold to customers through local importers, Australia’s Jeanswest is one of the customers..."
Lin Zuhui heard this and said: "Try to get in touch with an Australian importer and tell them that we can also OEM Jeanswest clothing production. Of course, this is not the point. The point is that we can follow up with this importer.
Cooperate and acquire Australia’s Jeanswest together.”
Roger nodded and said, "Okay, I will establish a relationship with this importer as soon as possible!"
The reason why it cooperated with the importer to acquire Jeanswest was because the Leit Group was not familiar with the local business in Australia and needed a local leader; moreover, the general global layout of clothing brands is based on regional development.
For example, although it has acquired JeansWest with an importer, the Leit Group can buy the global brand rights of JeansWest and develop it independently; if it enters Europe, it can also cooperate with the indigenous Europeans to operate JeansWest together.
When the time is right, you can also repurchase the partner's equity, because by then the local sales network has been developed, and you can 'kick away' the local snakes.
Lin Zuhui then warned: "Casual fashion is a battleground for military strategists in the Mainland. Hong Kong's Formosan and Giordano are our competitors. You must know yourself and the enemy to be victorious in every battle. Especially that Giordano, you
There needs to be a targeted strategy. Give me a plan later."
At this time, Giordano has grown up, and Feili has become a well-known clothing figure in Hong Kong; otherwise, Lin Zuhui really wants to suppress Giordano.
Moreover, Feili actually sold Giordano's equity to fund companies and investors in 1990 for a sky-high price of 1.6 billion. At that time, Giordano had been banned by the mainland, and the new investors took over and quickly lifted the ban.
It can be said that Giordano will be Jeanswest’s competitor in the future!
Roger said: "Okay, I will study my opponents and the market carefully!"
Lin Zuhui nodded. Because the factory is still under preparation, he is not in a hurry to acquire the expanded factories of Jeanswest.leit Group. All of them are leased. Anyway, Lin Zuhui knows that in a year or two, the industrial plant will plummet, and the rent will also plummet.
, why do you need to go to a high position to take over the offer?
Another saving for the company, Lin Zuhui thought proudly.
.......
Wednesday, September 16th.
Hengjin Securities.
Lin Zuhui began to arrange the task of shorting the Dow Jones Index, Nikkei Index, Singapore Index, London Index, and Hang Seng Index. This time, he used about 1.5 billion of the funds withdrawn from blue chip stocks for this investment.
Because funds are dispersed, the Dow Jones Index, which is the most heavily invested, only has 400 million Hong Kong dollars (more than 50 million U.S. dollars).
What excites Lin Zuhui the most is that the Dow Jones Index has a variety of contract values, that is, points multiplied by 5 US dollars, 10 US dollars, and 25 US dollars, which is equivalent to a leverage of 5 times, 10 times, and 25 times.
Not only that, the London Index is also 10 times, and only Asian financial markets have a maximum of 5 times.
Lin Zuhui interviewed several investment managers separately. First, George, who was in charge of American investment, came to Lin Zuhui's office.
"George, I plan to spend $55 million to short the Dow Jones Index and choose the $10 contract."
George was shocked. The boss had arranged it for so long just for this investment. During this period, in order to ensure the safety and confidentiality of the funds, the Hong Kong company's team sent people to the United States several times for auditing, legal affairs, and exchanges, and passed 10 million Hong Kong dollars.
Actual operation is the only way to ensure correctness.
"Boss, the recent operating range of Dow Jones is 2500 to 2630 points (without restoration of rights). At what point should we start shorting?"
Because this investment was proposed by the boss and the leverage was too high, George had to ask more questions.
Lin Zuhui asked: "For a 10-dollar contract, by what percentage will we have to add margin?"
Logically speaking, if the price rises by 10%, your position will be liquidated, but the exchange will not wait for you until that time!
George said: "It's up about 8%!"
Lin Zuhui nodded, already knowing it in his mind, and said: "The purchases above 2550 points will be divided into small batches and completed in about seven trading days."
There is no need to worry about liquidation. Although the purchase started at 2550 points, many contracts must have been purchased around 2600 points.
George was relieved that the boss was confident and he did not need to pay for this venture capital investment!
"Will the funds be available this week?"
"Arrange it now, you should be able to operate it next week! Remember, be secretive!"
"OK!"
Although it is impossible to maintain 100% confidentiality, at least Lin Zuhui will not be exposed; besides, it is only more than 50 million US dollars, and it was purchased in batches, so the impact will not be great.
In fact, if there are buyers, there must be short sellers. As long as the short sellers are not malicious, they will not be taken seriously.
Next, Lin Zuhui arranged for the people in charge in London, Tokyo, and Star City to also start investing in short selling.
Hong Kong is a free economic port. It is extremely convenient for funds to go overseas. Funds can be transferred to accounts in various overseas cities very quickly.
After everything was arranged, Lin Zuhui had already started to calculate the profits. After a little calculation, he actually made more than 2 billion, which was terrifying.
.......
The last day of September.
On Wednesday morning, Lin Zuhui woke up from his sleep, took out his arm, which was slightly numb after being pressed by a woman all night, and started to get up.
Every day these days, he is full of unprecedented fighting spirit!
Touching Guan Jiahui's eight-month pregnant belly, Lin Zuhui sighed inwardly.
“It’s truly a harvest season!”
The Lin family not only gained "people", but also gained a lot of wealth.
Guan Jiahui opened her eyes, made a 'beep' at the corner of her mouth, blew a kiss, and then quickly fell asleep again.
Lin Zuhui looked at Guan Jiahui, who was slightly fatter and glowing with motherhood, and not only smiled. This woman had no chance to be a mother in her previous life, so in this life she had to do enough, at least let her give birth to three children.
Anyway, the Lin family can afford it!
After getting dressed, I came to the living room. The newspapers bought by the bodyguard were already placed on the coffee table, and the nanny at home was preparing breakfast.
Lin Zuhui picked up the newspaper and started reading!
'The Hang Seng Index closed at 3920 points yesterday, the total market value of the Hong Kong stock market exceeded 660 billion, and the single-day transaction volume exceeded 5 billion, both setting historical records. The stock market is hot...'
After reading this message, a smile appeared on his lips!
At this time, his personal investment in blue-chip stocks and futures contracts had been secured, with a total of 6.1 billion withdrawn;
Among them, 3.5 billion was withdrawn from blue chip stocks (interest and loans were repaid), and 2.6 billion was withdrawn from the mid-term index contract.
After reading the newspaper for a while, the nanny Aunt Qin reminded her that it was time to have breakfast, so Lin Zuhui put down the newspaper.
Soon, Guan Jiahui walked out in a daze, holding her belly, and she was also called up by Aunt Qin to have breakfast.
This is a mansion in Repulse Bay. There is only one live-in nanny, Aunt Qin, and two non-live-in servants. Whether they are live-in nannies or non-live-in servants, they have been strictly selected, politically vetted, and psychologically counseled by Lin Zuhui's security company.
Nothing less can be done.
As for the security issues of this mansion, there is no need to worry. The security issues of the mansion apartment itself are very good. In addition, Lin Zuhui bought the adjacent unit for the placement of bodyguards. There are also two bodyguards on duty at the door at all times.
After sitting down, Lin Zuhui said: "I will move to the Repulse Bay Villa for the weekend, and don't come here anymore!"
Guan Jiahui rubbed her eyes and said slowly: "We didn't mind why we put so much effort into it. Why are you so afraid of that 'point'?"
Lin Zuhui stared at her and secretly sighed that this woman was so innocent and cute. He didn't know how powerful the God of Harmony was!
"Don't think blindly! Your move here is just a temporary solution, mainly considering the safety issues before and after childbirth! I am planning to buy a super luxury villa recently, and then you will each have one!"
Guan Jiahui's eyes lit up when she mentioned the super villa, but soon dimmed again.
"I don't want it now! I'll wait for you to buy it for me later!"
But she was worried about Lin Zuhui, the 'debt king', and didn't want her man to add new debts.
Lin Zuhui was stunned for a moment, and then said quietly: "I have made a lot of money recently, and after paying off my debts, I have a lot of money left. Do you really not want it?"
"Ah! I want it! I want it! I want it!"
"Don't be so excited that you'll disturb the baby!"
Guan Jiahui quickly used her hands to comfort the fetus, but her eyes were staring straight at Lin Zuhui, watery.
Lin Zuhui said with a smile: "Don't worry, I say one person has one thing, one person has another thing, no one is partial!"
Guan Jiahui said worriedly: "What if there is a girl in my belly?"
Lin Zuhui had forgotten what he said before, so he said: "With the same treatment, this house is for you to live in! However, we may not be able to find a suitable super villa soon. Then we will live in an independent villa.
Yeah."
"Listen to you!"
Although the entire "housing project" costs hundreds of millions, Lin Zuhui can mortgage the house again and get back 70% of the funds.
.......
In the morning, Lin Zuhui arrived at the office of New Era Real Estate early in the morning, and the first guest he welcomed was his close friend Liang Botao.
Liang Botao smiled and said, "What do you mean by summoning me?"
At this time, all of Lin Zuhui's blue chip stocks were cleared, so Liang Botao could not guess Lin Zuhui's intentions.
Lin Zuhui said: "Summoning you urgently must be a big deal! I want to reduce some of my shares in listed companies, and I need your help!"
In the two years of cooperation between the two, Liang Botao did not just help Lin Zuhui, but both parties gained something. Liang Botao and the Investment Department of Wanguo Baotong received a lot of commissions; moreover, Wanguo Baotong Bank obtained many loans from Lin Zuhui.
business.
Liang Botao was a little surprised. He had always believed that Lin Zuhui maintained his shares at a very high level; New Era Real Estate maintained it at 45%, Wanhui Media maintained it at 49%, and Leit Group maintained it as high as 73.5%.
He believed that Lin Zuhui was a "sniper" and was worried that someone would one day snipe his company.
For example, Li Chaoren holds less than 37% of Cheung Kong's shares, and Cheung Kong holds less than 45% of Hutchison Whampoa. The reason is simple. Li Chaoren has strengthened his family's investment by cashing out his shares.
"How are you going to cash out?"
"Cash out 10% of New Era Real Estate, cash out 14% of Wanhui Media, and cash out 22.5% of Leit Group."
Liang Botao nodded, cashing out reasonably.
"No problem, starting from today?"
"Yes, start immediately and cash out as quickly as possible. The stock market is too hot. I'm worried about a stock market crash!"
"Okay, I'll arrange it right away!"
In fact, if Lin Zuhui starts to cash out at this time, he may not be able to achieve his goal!
There are still 13 trading days before ‘Black Monday’, which is equivalent to cashing out 1 point of listed companies every day!
The reason why he did not cash out in advance was because Lin Zuhui was worried about the impact on his futures contracts and blue chip investment.
After all, he needs to ensure his main source of profit.
After Liang Botao left, Lin Zuhui leaned on his chair and started thinking.
With the 6.1 billion withdrawn, another 1.5 billion has been spent on short-selling global futures;
And now, he has to immediately arrange to repay his huge loan of 2.9 billion.
The reason for the early repayment was that he hoped to loosen the restrictions on his listed companies first and let the bankers understand that Lin Zuhui was a businessman who was very keen on the market; in this way, bankers would trust Lin Zuhui's credibility more in the future.
If needed later, re-mortgage or leverage investment.
As a result, Lin Zuhui only has 1.6 billion in cash flow.
I hope that by shorting futures and reducing shareholdings, I can collect more funds for myself!
...
Liang Zhenxun also quickly came to Lin Zuhui's office and reported to Lin Zuhui.
Lin Zuhui took paper and pen and motioned for him to start.
"Boss, the 900 million blue chip stocks invested by Cathay City at the beginning of the year (300 million margin) have all been closed. After excluding commissions and interest, the total net profit was 430 million, and the capital withdrawn was 730 million."
"Cathay City has completed the cash-out of 20% of its shares in the Furama Hotel, and received a total of 400 million in cash."
"Currently, Cathay City's debt is 1.85 billion (after the rights issue, there was a capital flow of 400 million, and 150 million was repaid, and a rights issue of 250 million was also issued to the hotel), and the cash flow is 1.13 billion..."
Lin Zuhui raised his head and said: "This year's Furama Hotel's annual profit should increase to 60 million, right? (There is a modification here. The profit of Furama Hotel in 1986 was changed to 50 million, and the historical data was found.)"
It is said that Luo Xurui’s Regal Hotel will increase its profits by 70% this year!
Liang Zhenxun analyzed: "There should be no problem! Since this year, Hong Kong's tourism industry has been booming, and the profitability of Furama Hotel has indeed increased greatly. Of course, it also has a certain relationship with the management of our group (correction, Furama Hotel is an Intercontinental Group
To assist in management, you will pay a 4% management fee).”
Lin Zuhui nodded. He planned to privatize Furama Hotel after the stock market crash, so he also considered the number of years to recover the cost.
It seems that it will take more than 20 years, but in fact, Lin Zuhui knows that ten to fifteen years will be enough just based on the hotel's profitability. The current dilemma of the Furama Hotel is that among the five-star hotels, the decoration is a bit old; if it was 1989
Renovate it and wait until the tourism industry in Hong Kong recovers in 1990. It is estimated that it will earn more than 100 million a year.
Of course, the piece of land that Lin Zuhui cares about most is that he will make a fortune if he rebuilds it in a thousand years.
Lin Zuhui instructed: "Repay another 850 million in loans from various banks to maintain the debt at 1 billion. The remaining 280 million in working capital will be retained for now, I have a use for it!"
"OK!"
280 million is not much!
After the stock market crash, the privatization of Furama Hotel was estimated to require 700 million at a 20% premium to be successfully completed.
At that time, Lin Zuhui plans to participate in the privatization of the remaining 49% shares in the name of his family.
Next.
Liang Zhenxun said: "Chinese Real Estate's futures contract has been closed, with a net profit of 360 million and a withdrawal of 560 million... The company's debt is 1.5 billion and its cash flow is 770 million."
Lin Zuhui nodded and said: "Very good! Don't reduce our holdings of China Entertainment shares. After all, we are still preparing to buy back the Entertainment Building. If we reduce our shares, we will lose dividends. Moreover, the market value of China Entertainment is too low, so there is no need to sell high and sell low."
I originally planned to reduce my holdings of China Entertainment, but when I saw that the market value of China Entertainment was only 500 million, selling high and buying low would only result in tens of millions less profit. It would take a lot of effort and was not cost-effective.
Finally, Lin Zuhui said: "New Era Real Estate has now begun to reduce its holdings of 14% of Chinese real estate, Cathay City, and the reason for the announcement is to reduce its debt holdings!"
Because the combined market value of the two listed companies is more than 8 billion, Lin Zuhui also waited until he cashed out his own funds.
Liang Zhenxun immediately went down to make arrangements!
.......
Lin Zuhui came to Hengjin Securities and hired General Manager Li Hao.
"Sell short USD/JPY for me, 500 million Hong Kong dollars plus 10 times leverage. Remember to do it with several foreign exchange dealers!"
Li Hao was slightly absent-minded. His boss has been making a lot of moves recently!
First, 1.5 billion funds were used to short-sell the global index futures contract, and now 500 million funds were used to short-sell the US dollar/yen foreign exchange.
"Boss, at what price should I buy it?"
Since the boss proposed the investment, their investment manager basically has no say. This is understood by everyone.
Lin Zuhui said: "Yesterday's closing price was 146 points. Please help me short-sell above 142 points. Remember to buy in batches on multiple trading days!"
He remembered that after the '87 stock market crash', the U.S. dollar also plummeted, with the U.S. dollar/yen falling from 145 points to about 120 points at the end of the year. Under such circumstances, it was still difficult for Wall Street tycoons to go against the trend and pull up, because it was originally
The economic inflation rate in the United States is rising and the depreciation of the US dollar is a general trend.
Of course, Lin Zuhui will not take risks now, so he only spends 500 million Hong Kong dollars for fun.
Li Hao said: "Okay, I'll get ready right away! By the way, boss, is it time to close our Hengjin No. 1 position?"
Now that the bosses are short-selling futures contracts, Hengjin No. 1's blue-chip investment is naturally in danger, Li Hao thought.
Lin Zuhui nodded and said: "Yes, all positions will be closed next week!"
However, with a market value of more than 200 million, Lin Zuhui originally planned to exit later.
Li Hao got the answer and breathed a sigh of relief.