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Chapter 249 [The world's largest drop]

Monday, October 26th.

The Hong Kong stock market, which had been closed for four days, opened today. A cloud of terror hangs over every investor, except for Lin Zuhui, who is sitting in his office and looking at ease.

He had no chance to experience this kind of mood in his previous life. He had experienced every stock market crash in his previous life. Only by truly experiencing it did he know how comfortable it was to watch others lose money during the stock market crash.

In interviews with citizens on the second day of the market suspension, everyone basically believed that the market suspension was a good thing and allowed everyone to calm down.

But after several days of panic, before the market opened this morning, investors had already changed their tune:

First of all, most people say they want to sell stocks and stop losses in time;

Secondly, many people have criticized why Hong Kong is the only city in the world to be closed.

The Hong Kong stock market opened at 11 o'clock that day, but no miracle happened.

Selling orders came one after another like a mountain, and 15 minutes later, the Hang Seng Index had fallen by more than 650 points.

A total of 1,120.7 points fell throughout the day, a drop of 33.33%, which was the world's largest single-day drop in history.

...

In the evening, Lin Zuhui returned to his villa in Repulse Bay. The four daughters were all there and held a family meeting.

"Last time Leit Group acquired your company, it gave each of you 15 million yuan. This money should be all there, right?"

Although he was speaking to everyone, Lin Zuhui looked at Guan Jiahui funny.

Sure enough, both Wang Zuxian and Cai Ning nodded, but Guan Jiahui had a grimace.

Guan Jiahui was like a child who had done something wrong, and whispered: "I invested 10 million in stocks, and it fell badly today!"

Lin Zuhui said angrily: "You have a big belly and you still want to get that thing! You didn't even ask me before investing! You have become more capable, right?"

Guan Jiahui lowered her head, not daring to look at Lin Zuhui!

In fact, Lin Zuhui had a faint smile on her face, if she looked up.

"I didn't go to the exchange, I found out about it by watching TV at home!"

Guan Jiahui finally understood that Lin Zuhui was not worried about the millions he had lost, but was worried about the child in his belly.

Lin Zuhui said to the girls: "In the future, you should ask me first when investing. My second wife can serve as a warning for you!"

The girls nodded one after another, and even Guan Jiahui raised her head to look at Lin Zuhui, and her heart suddenly dropped when she found that the man was not angry at all.

However, Lin Zuhui still punished Guan Jiahui.

"I will give each of you another 20 million, and you use 35 million to buy the shares of Leit Group. When the Hang Seng Index is below 2,300 points, you buy them in batches, each holding about 3 points. Of course, if you

If you have spare money, you can buy more... When the time comes, I will introduce you to the board of directors."

Leit Group is positioned as a real family business by Lin Zuhui. In the future, these women will hold shares and join the board of directors.

Those who are capable will join the group management team; those who are not capable will stay in the sub-brands.

If they play Gong Xin Du, Lin Zuhui will watch the show!

In fact, they don't control this group, they are just directors.

Guan Jiahui said at this time: "What I bought for 10 million is the stock of Leit Group!" After saying that, she seemed a little proud.

Lin Zuhui smiled and said: "You paid 70% more for it!"

When the market value was at its highest, Leit Group's shares were valued at 2 billion, but now they have fallen 40% in two trading days, leaving only over 1.2 billion;

Therefore, it is 70% more expensive.

"It's not expensive. This is a long-term investment for me." Guan Jiahui said with dignity.

But she didn't feel any pain. She was already much richer than Wang Zuxian and Cai Ning!

Lin Zuhui nodded to express comfort!

After dinner, Lin Zuhui came to Guan Jiahui's bedroom, and the woman greeted him in surprise.

Lin Zuhui hugged her and said with a smile: "How much did you lose?"

Guan Jiahui said with a heartbroken look: "With a market value of 10 million, there is only a market value of 6.2 million left!"

"I'll pay 3.8 million for you, don't affect my son's mood. His father has made several billions recently, and his mother has lost more than 3 million, just to make others unhappy all day long!"

"How can I be unhappy? I didn't affect him!"

Guan Jiahui stroked her belly happily.

...

The next day.

Lin Zuhui came to the office of Chinese Real Estate and invited General Manager Gao Yi.

"Chinese Real Estate spent 400 million Hong Kong dollars to acquire the Entertainment Building of its subsidiary China Entertainment and is preparing to rebuild it!"

Gao Yi was shocked. This was the sixth building of Chinese Real Estate, and it was already one of the largest Chinese real estate companies in Hong Kong.

Huazhi Center is a twin tower, one with 42 floors and the other with 48 floors, with a total of 868,000 square feet of rental property;

The Royal Tower is 18 floors tall, with a total of 410,000 square feet of rental property;

Harcourt Building is 27 floors tall, with a total of 430,000 square feet of rental properties (mostly shops);

Hong Kee Building is a 20-storey building with a total of 130,000 square feet of rental property;

After reconstruction, the Entertainment Building will reach 32 floors and 170,000 square feet of rental property;

Chinese Real Estate also owns scattered rental properties worth nearly 1.5 billion, with a rental area of ​​about 400,000 square feet.

Totaling more than 2.4 million square feet of rental properties!

Lin Zuhui seems to remember that Hysan Land was known as a "small real estate", and by the end of the 1980s, its rental property area was only 2.7 million square feet.

"Then China Entertainment has 450 million in cash on its books. After paying off its debts, there will still be 400 million left! How will this money be used?"

Lin Zuhui said directly: "Preparing to pay dividends, Chinese Real Estate will withdraw more than 200 million in cash!"

Gao Yi nodded. He was the boss's confidant and quickly understood Lin Zuhui's thoughts.

"After the dividends are distributed, China Entertainment will only have 80 million yuan worth of high-quality rental properties left. Should we sell another 50 million yuan worth of properties to Chinese property owners?"

Before the stock market crash, China Entertainment had sold properties worth tens of millions and then repaid debts.

"Yes! Package it up and sell it directly, and prepare to pay dividends. As for the shell of China Entertainment, if anyone comes to ask, just say that I have personally made a reservation."

"OK!"

Chinese Real Estate itself has 770 million on its books. This time it spent 450 million, but it can also distribute 250 million in dividends, which is equivalent to only spending 200 million.

Then, Lin Zuhui told Gao Yi his idea of ​​rebuilding the Entertainment Building: "For the design of the new Entertainment Building, please contact P&T Group Architects and Design Office. The style I want is a neoclassical skyscraper.

"

Gao Yi said: "Okay, I must ask them to come up with the best plan for the boss!"

After Gao Yi left, Lin Zuhui made plans.

The Huazhi Center has been capped in the first half of the year and will be put into use in the first half of next year;

By then, according to the current property area standards of Chinese Real Estate, the annual net rental profit will be around 600 million.

Based on this consideration, in the first half of next year, Chinese Real Estate should borrow heavily again to carry out a new round of expansion.

.......

In the afternoon, Lin Zuhui came to Hengjin Securities.

Lin Zuhui called several senior executives in Hong Kong and first said: "Start preparing to liquidate the global futures contracts and withdraw funds. Li Hao, you will lead the team to supervise the withdrawal of funds."

General Manager Li Hao nodded quickly and said: "No problem, we are ready!"

To raise an army for a thousand days and use it for a while, Lin Zuhui paid a salary of 20 million, which comes in handy now. With the human resources of Hengjin Securities, it is definitely at the level of a large investment company in Xiangjiang.

"Manager Yang, your human resources department has contacted an international headhunting company to help me form a global investment advisory team. If there are good candidates, please notify me for an interview."

"No problem, boss, I'll finish it as soon as possible."

"Also, we will add offices in Los Angeles, Vancouver, and Sydney under the name Hengjin Investment."

"Yes, boss!"

Each task is being arranged to prepare Lin Zuhui's family funds and his companies to go overseas. Now Lin Zuhui's personal cash flow is 8 billion (including futures contracts and foreign exchange withdrawn funds). If he invests with leverage, he can invest

A scale of more than 30 billion.

As for the new era real estate sector, Leit Group will choose to invest overseas, so Hengjin Securities can expand its scale.

After the August 7th stock market crash, strengthening investment in Xiangjiang was the core, and overseas expansion was the strategy; of course the proportion of investment was in Xiangjiang. After all, Lin Zuhui did not have enough strength to expand overseas.


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