Harcourt Building is located in the coastal area of Wan Chai. Lam Cho-fai stood in front of the window of the top-floor office of Harcourt Building, looking out at Victoria Harbor, feeling a sense of pride in his heart.
This building was bought for about 1.2 billion, and he knew that the value of this building would be as high as 15 billion in the future! It may seem that the return rate is not high, but rent is king. It is estimated that the rent in 30 years can reach more than 15 billion.
After feeling proud for a while, Lin Zuhui returned to his desk, which is the new headquarters of Hengjin Investment.
Looking at the computer on his desk, Lin Zuhui was already full of longing for what would happen three or four years later; he seemed to remember that around 1993, computers could display real-time stock prices; and in 1995, the United States had already entered into commercial computer trading of stocks.
.
He has already thought about it, and will have two computers in his office. One computer will display the stocks of his listed company, and the other will be used for office work.
And he is only 24 years old this year, so he can fully enjoy the advancement of the Internet era!
start working.
Looking at the USD/JPY trend chart on the table, he immediately regretted that he had invested too little!
At the end of September, he carried out short selling with 10 times leverage of HK$300 million. The average short selling point was 135 points.
As a result, the Japanese yen began to appreciate significantly in October. The USD/JPY fell by 4.5% on the 12th, and the closing price last week had dropped to 127 points.
So far, his 300 million has made a net profit of 180 million!
If I had known earlier, I would have invested 500 million!
At this time, Lin Zuhui did not have the consciousness of a time traveler at all, and was feeling sad that he had missed 100 million!
However, he quickly adjusted his mentality and began to analyze the future trend of USD/JPY!
The decline is so sharp this time, it is estimated that it will fall to 120~122 points. In the past year, it has fallen to this price range twice, so Lin Zuhui is very confident that it will fall to this range this time.
And Lin Zuhui clearly remembers that before 1993, 120 points was a threshold and would not fall below;
Therefore, once USD/JPY fell to 122 points, Lin Zuhui began to ‘buy’ backhand.
He is also sure when it will be sold!
According to the previous trend, there is absolutely no problem in rebounding to 150 points!
Anyway, his buying point is at 122 points, and he is already in an unbeaten position. No matter when it reaches 150 points (before 1993), he does not need to feel nervous.
Therefore, Lin Zuhui plans to add about 400 million Hong Kong dollars in funds at that time, collect a 1 billion margin, and buy with 10 times leverage.
Calling Li Hao, Lin Zuhui warned: "Once USD/JPY touches 122 points, report to me in time!"
Li Hao nodded. He admired his boss's investment method so quickly that he was sure to hit the mark with one hit!
"Okay, boss!"
Then the two discussed the problems in the Hong Kong securities market and came to the conclusion that it may be difficult to rise to 2,700 points this year. After all, the market is still a bit panicked.
Once the delivery of the December futures contract is completed, the Hong Kong stock market may face a war in the first quarter of 1989.
With futures contracts in place, stocks have to consider their possible impacts.
After such analysis, Lin Zuhui suddenly felt a headache. He had invested 800 million in stocks and futures. It seemed that he would not be able to make much money this year, and he could not expect to cash out from the stock market. After all, he had to reach 3200 points.
It will be sold after (before May).
At this time, his personal debts had climbed to NT$2 billion (part of the interests in Ligunde Court and Furama Hotel were mortgaged), and he still had more than NT$1.2 billion in cash on hand.
Why he feels a headache? It's because he guesses that at the end of the year or in the first half of next year, the Hong Kong government will put up two "land king"-level lands for auction, and it is estimated that it will cost several billion to win.
Therefore, he must make the financial status of New Era Group and Chinese Real Estate better.
.......
In the afternoon, Lin Zuhui came to New Era Group and held a high-level meeting.
General Manager Chen Bin said: "Tendering for the Tate's Cairn Tunnel will be held next month, and the winning company will be awarded a 30-year franchise for the Tate's Cairn Tunnel in a "build, operate and transfer" manner."
Lin Zuhui thought for a while and said: "The Tate's Cairn Tunnel is a large-scale infrastructure project. At present, our financial strength is still unable to bid independently. So, who do you think is the most powerful construction company in Xiangjiang?"
Chen Bin is a well-known real estate expert-level executive in Xiangjiang. He is very proficient in the construction field, so he immediately said: "I heard that Jinmen Construction, a subsidiary of Jardine Matheson, is interested in participating."
Lin Zuhui nodded and said: "There are no infrastructure projects for New World Development, right?"
Chen Bin nodded and said: "No, just like us, we want to enter but have no chance!"
Lin Zuhui knew what was going on, and that was to first join forces with Zheng Yutong, and then go to Yihe to discuss cooperation; by then, Kinmen Construction would definitely bring the two companies into partnership.
The reason is simple. Kinmen Architecture does not have the strength to swallow it alone. Now that the New Era and the New World are united, it is better to have one more ally than one more opponent.
"Okay, I'll be in charge of this project!"
Everyone nodded. This may be the first infrastructure project of New Era Group. Although it is only a shareholding, it is beginning to develop.
Lin Zuhui’s idea is that once the reform begins, he will establish New Era Infrastructure (China), which will be responsible for investing in infrastructure in the mainland. It will have stable profits and increase its influence, killing two birds with one stone.
Next, Lin Zuhui said: "I have recently discovered a situation. Residential units of 700 to 800 square feet are becoming more and more popular. Please think carefully about whether the group's next main units can be larger (previously 500 to 800 square feet).
600 square feet is the main unit type, and there is no shared space); and, are we designing this unit type to satisfy the public? Here, let me give you an opinion first. There are very few small and medium-sized families in Hong Kong.
There are not many friends and relatives at home, and there are not many visits to each other at the same time. If there are any festive banquets, they are usually in restaurants and tea rooms. Therefore, the guest dining room does not need to be large. The extra few dozen feet can be designed to put a bathroom in the master room.
Wouldn’t it be more popular?”
This chapter is not over yet, please click on the next page to continue reading! That middle-class family comes home after a hard day's work, and they don't want the couple to lie on the bed, chat, and watch TV. The master room also has a bathroom (toilet), which is a country of its own.
, which is even more convenient.
Chen Bin and others nodded one after another and said: "Okay, I will organize people to conduct investigation and research, and I will come up with a plan for you when the time comes!"
Lin Zuhui nodded. He usually makes suggestions but does not implement them immediately. He needs a more professional team to support his ideas before making a decision.
Next, Lin Zuhui said: "New Era Group's stock trend is very good, so I plan to issue convertible bonds in November to raise 500 million! Next, we will also prepare a rights issue to raise 10% of the new shares. I will all
Subscribed (49.5%). Therefore, during this period, you should show more of our development to investors to attract everyone to invest in us!"
Liang Zhenxun said quickly: "Okay, we have been working hard in this area, and I believe investors are very optimistic about us! After all, our company, under your leadership, has made great achievements in predicting real estate trends, avoiding risks, etc.!"
Everyone agreed. What Liang Zhenxun said was true. Before the stock market crash last year, New Era Group began to vigorously sell residential units three months in advance, and reduced its debt holdings one month in advance. Investors were not fools, and they also saw that this company
The company is very good at risk control.
What's more, New Era Group's building area sales this year jumped from sixth last year to third or fourth, which is obviously a sign of its control over the market.
It can be said that New Era Group’s construction efficiency is the highest in Hong Kong.
Lee Shau Kee of Henderson Land has publicly acknowledged this.
Lin Zuhui asked Chen Xiaofen: "How is the sales situation of the third phase of Discovery Bay?"
Heung Kong Industrial's strength is not strong, and Discovery Bay's third phase sales planning is completed by two companies, New Era and New World.
Lin Zuhui is mainly concerned about the issue of repayment!
Chen Xiaofenhui reported: “It’s 50% better than expected!”
Lin Zuhui nodded, very satisfied with the effect. When he first planned the sale, Lin Zuhui had already suggested that the media should spread the news that the new airport plan might be released next year.
Anyway, it is just a 'rumor', and there is no responsibility. However, many investors are different. They will consider the possibility of this investment! In the end, it was discovered that the new airport is really likely to be launched, and once it is built on Lantau Island
A new airport will inevitably have a cross-sea bridge and an undersea tunnel.
I would like to ask, after having transportation, will Discovery Bay still be an isolated island?
The houses in Phase 3 of Discovery Bay are priced at NT$580 per square foot. Isn’t that a good deal?
You know, the price in the New Territories is already 1,200 yuan, while the price in the urban area is more than 1,500 yuan, and the price in Kowloon is also 1,400 yuan.
The Discovery Bay project does not need to pay any fees to the government (except taxes), only construction fees, so the future profits will be very considerable.
...
The next day.
When Lin Zuhui walked out of New World Development Company, he suddenly thought of a project to make a small fortune, and immediately headed towards Hengjin Investment.
Just now, Lin Zuhui and Zheng's father and son discussed the cooperation proposal for the Tate's Cairn Tunnel, and the two parties quickly agreed on the cooperation; after all, neither company has the conditions to develop the Tate's Cairn Tunnel independently.
Kinmen Construction Cooperation is also a very good plan.
Since Kinmen Construction belongs to Yihe, it will not dare to invest too much, so the possibility of this three-party cooperation is very high!
Returning to Hengjin Investment, Lin Zuhui began to find a piece of information about the 'Yongan Group' in the office. Because he seemed to remember that after Zheng Jiachun came to power, he launched a hostile takeover of the Yongan Group. Based on this memory, Lin Zuhui felt that now
If you buy some scattered shares of Yongan Group, you will definitely make tens of millions.
Although the money is not much, Lin Zuhui estimates that he can make more than 80% of the profit (Yongan Group's stock is much lower than the net value), so why not!
In Hengjin Investment Company, after reading the information and asking the staff about the stock status of Yongan Group, Lin Zuhui almost lost his composure.
turn out to be:
Wing On Group is an industry owned by the Guo family, a long-established family in Xiangjiang. The Guo family has now reached its third generation and has dozens of third-generation members.
The characters of these members are mixed, and they have caused many scandals. For example, one member illegally borrowed more than 100 million yuan in debt from Yongan Bank. As a result, he died and became a bad debt. Many other members also illegally borrowed money from Yongan Bank.
, in short, the saver’s money is regarded as the family’s money.
As a result, Wing On Bank was on the verge of bankruptcy, and Hang Seng Bank purchased 51% of its shares and began to kick out the Guo family.
Of course, this is not the reason why Lin Zuhui is not calm.
But Yongan Group (listed company) controls Yongan Company (listed company), and the property value of the two companies is as high as more than 5 billion yuan; this piece of fat is so big that Lin Zuhui, a person who likes "hostile acquisitions", almost
I want to go out again.
The properties owned by the two companies include: Wing On Center (Central District), Wing On Building (Central District), Wing On Life Building, Wing On Plaza and the shopping mall of Nanyang Center (Tsim Sha Tsui East).
The market value of Wing On Center is worth HK$2.7 billion (600,000 square feet, with an estimated floor price of NT$4,500 per square foot). Together with the two medium-sized buildings in Central and the two shopping malls in East Tsim Sha Tsui, the value is around HK$5.5 billion.
The total share capital of Yongan Group is 181.5 million shares, the stock price is only 7 yuan, and the total market value is less than 1.3 billion (the 5.5 billion property is not owned by Yongan, a listed company, but also includes its subsidiary Yongan Company).
Lin Zuhui was thinking that as long as he controlled Yongan Group, even if the price was doubled, it would be very cost-effective. After all, it would also come with a subsidiary company - Yongan Company!
Yongan Group can earn hundreds of millions per year even by collecting rents. The reason why the market value is so low lies in Yongan Department Store. Under the attack of supermarkets and Japanese department stores, Yongan Department Store continued to bleed and suffered serious losses. Not only that, Yongan Group's subsidiaries also
There are Yongan Life Insurance, securities, and bank investments, all of which are big losers.
Some media use the term "not doing anything" to describe Yongan Group, because doing less means less losses; not doing anything, relying entirely on rent, depositing funds in the bank to earn interest, buying HSBC and Land stocks, is better than trying to do everything, everywhere
It's better to hit a wall.
After analysis, Lin Zuhui felt that even if he came out, it would be difficult to acquire Yongan Group.
Because the Guo family's business management group controls 41% of the shares, the Guo family on the board of directors holds 2% of the shares, and the remaining third generation of the Guo family who is not on the board of directors should also control some stocks.
A 25% stake in Singapore's Huayin Holdings is totally within reach;
It is not impossible for peripheral members of the Guo family to sell the stocks to themselves at a high price. After all, the Guo family has some internal strife.
If he had 2 billion in cash, he could give it a try!
If successful, Yongan Group's banking, insurance, securities, and department stores will be packaged and sold to the Guo family, allowing them to inherit the ancestral business.
And he was originally interested in those high-quality properties, which was a rent-collecting property in Central with a total of 900,000 square feet, and two shopping mall properties, which made people drool after seeing them.
In the end, Lin Zuhui held back!
Firstly, it is difficult to succeed in this matter, secondly, I have no money, and thirdly, I don’t want to attract notoriety.
Calling Li Hao, Lin Zuhui said: "Close some blue chip stocks and buy shares of Yongan Group. Don't buy too much, almost three or four points. Don't alert the snake, buy in batches!"
"Okay, I will complete it bit by bit by exchanging shares for buying!"