In the office of Hengjin Investment, Lin Zuhui stood in front of the window and admired the scenery of Victoria Harbor.
After a while, Li Hao quickly came to Lin Zuhui's office and said: "Boss, USD/JPY has fallen below 122 points. Do you need to buy it?"
Lin Zuhui turned around and said calmly: "I want to buy, but there is no need to be so anxious!"
"What the boss said is that I can't hold my breath anymore!" Li Hao lowered his head and said.
He is a part-time worker, but his mentality is so anxious; but the boss is investing his own money, but he has a calm and calm expression, which is admirable!
Lin Zuhui waved his hand and motioned for him to sit down, and then Lin Zuhui also sat on the sofa.
"Are the funds ready?"
"Well, all the 450 million funds you gave us are in place and you can buy at any time!"
Lin Zuhui still had 1.2 billion left from his last loan. This time he used 450 million for additional investment in foreign exchange. The remaining 750 million was used to raise funds from rights issues to New Era Group.
"You now need to buy below 123 points, close the previous 'short investment' below 122 points, and then buy again! In this way, we are equivalent to buying 10.5 billion below 123 points
USD/JPY (1.05 billion margin).”
"Okay, I know!"
The boss has already fixed the buying and closing points, so he doesn’t need to worry about it!
Lin Zuhui nodded and said: "Also, don't worry, remember to diversify your purchases and close your positions! Even if we miss the opportunity, we will still make a profit, so why worry?"
"Um!"
Li Hao had to admit that the boss's mentality was really good!
After chatting for a while, Lin Zuhui let Li Hao go, and his mentality stabilized.
Lin Zuhui shook his head. Li Hao's growth was limited. After the Lin Family Office became successful, he could only serve as an investment manager. There may be more than twenty investment managers like him in the family office.
.......
that day.
New Era Group announced a rights issue to raise funds, issuing 10% of new shares, raising a total of 1.5 billion yuan (current market value is 15.2 billion yuan).
At the same time, New Era Group specifically emphasized that its major shareholder, Mr. Lin Zuhui, will raise all rights shares (49.5%) to express its confidence in the company.
For a time, all real estate developers turned their attention to it!
At present, the Hang Seng Index has warmed up slightly, but it is only 2,600 points, and the market situation is not good;
And New Era Group has raised so much money (market value has increased), it is obviously time to test its company's credibility!
If New Era Group succeeds in raising funds through its rights issue, it will have raised a huge amount of 2.73 billion in cash this month.
Although New Era Group claims to the outside world that the funds raised are mainly used to reduce debt holdings and develop real estate, some real estate developers are still keenly aware of Lin Zuhui's intention, which is to compete for the "land king" who may be auctioned.
...
In the conference room of Yihe.
Lin Zuhui, Keswick, Zheng Yutong, Xiaoguhirang and others are signing the contract.
In this Tate's Cairn Tunnel bidding, a consortium consisting of Kinmen Construction, Nishimatsu Group (Japanese-owned), New World, and New Era built the tunnel at a price of 2 billion and obtained a 30-year franchise.
At the beginning, Lin Zuhui planned to obtain at least 20% of the shares, but after some deductions, he found that the income of this project would be much lower than expected. He decisively chose to let New Era Group hold 10% of the shares, focusing on participation and absorbing infrastructure.
experience of.
On the contrary, Zheng Yutong had a different view and let New World take 25% of the shares!
In fact, most of the funds for this project were completed through loans. The start-up capital invested by the four companies will also be given priority to get back in the future. It is impossible to lose money, just not much profit!
After signing the contract, Simon Keswick exclaimed: "Lin Sheng, I admire you very much for your boldness in doing things and seizing the right opportunity!"
Lin Zuhui took over three major projects from Land, and each time he purchased them at a premium, but they soon rose to parity, and later made profits, so Ximen said this.
Of course, Ximen doesn’t feel that there is anything to regret. Selling off Land’s assets is the family’s strategy. After all, they don’t dare to gamble! If the real estate appreciates again, Land will sell off the properties!
Lin Zuhui said with a smile: "It's just luck! Doing business in Xiangjiang requires a lot of luck. The 'July 3' and 'August 2' stock market crashes have caused countless people to fall. So, Mr. Ximen, I am trembling every day!"
"
Everyone laughed!
Ximen continued: "This time, New Era Group has obtained a large amount of cash and is already in an invincible position."
Lin Zuhui smiled and nodded. Many outsiders speculated this time that Lin Zuhui was preparing to reduce debt again. Could it be that he had noticed something?
Of course, this does not affect the thinking of most people. Everyone should do whatever they want.
The former rivals, Ximen and Zheng Yutong, came together again for the sake of profit. The two were also talking and laughing, and they seemed not to be unhappy as before. This is the case in the business world. Back then, Bao Yugang and the Keswick family had such a big quarrel that Kowloon
After the Battle of Cang, the two families jointly invested in real estate projects.
At this time, Lin Zuhui was a little worried that Simon Keswick took the initiative to sell the building and shopping mall to him, so it would be unreasonable for him to refuse, and it would not be worthwhile not to refuse.
After all, how could he buy it at this time when he knew that real estate was going to drop by 30%? Moreover, he had no money to buy it.
Walking out of Jardine House, Zheng Yutong asked curiously: "You took the initiative to organize the consortium bidding this time. Why are you a little unhappy when it comes to dividing the shares?"
Lin Zuhui smiled and said: "Uncle Tong, I am reducing debt now, and the repayment of the Tate's Cairn Tunnel project is so slow, why do you think I want such a share? To put it bluntly, New Era Group's participation in this project is nothing more than accumulating money in infrastructure
Just some experience! To be honest, if the mainland opens up, there will be a lot of potential for infrastructure there!"
This chapter is not finished yet, please click on the next page to continue reading the exciting content! Although investment in infrastructure is large and the return of capital is slow, but the funds are bank loans, what are you afraid of!
To put it bluntly, it means investing a little start-up capital, and then relying on bank loans for the rest.
Zheng Yutong nodded, approved Lin Zuhui's idea, and said: "I didn't expect you to be so optimistic about mainland investment?"
"Chinese people, the motherland will get better sooner or later!"
Although he says this, Lin Zuhui actually doesn't have much enthusiasm for investing in the mainland. He focuses entirely on participation.
The return rate of projects in the Mainland is very low, that’s for sure!
In his previous life, Li Ka-shing made very little money in the Mainland and made more money mainly in Hong Kong and overseas.
Let's use a real case to illustrate: Li Ka-shing spent 4 billion to buy land in Shanghai, and 12 years later, he sold it for 20 billion. After adding in construction costs, he actually made 12 billion. Taking inflation into account, it was actually a fool's errand.
"You should be more powerful and put all the projects at the feet of the emperor. Your beautiful garden is incredible, the land number is 00001!"
"Haha, I admit this, I have done an amazing thing!"
.......
A new week begins.
After New Era Group successfully completed the rights issue to raise funds, Chinese Real Estate subsequently announced a rights issue to raise funds, issuing 10% of new shares, raising a total of 1 billion yuan (current market value is 10.35 billion yuan).
For a time, market participants turned their attention!
Some people began to discuss why Lin Zuhui suddenly raised funds on a large scale. Is he optimistic about the market, or does he feel that the market is at risk of falling?
Being optimistic about the market is very simple, that is to acquire land, so a large amount of capital is required;
If you are not optimistic about the market, then you should reduce your debt, so that you can survive the plunge.
Just when everyone was speculating, the Hong Kong government officially announced that the "Wan Chai Land King" would be auctioned on January 3, 1989. Interested companies could register within 40 days.
Only then did everyone realize that Lin Zuhui had made preparations in advance and guessed that there would be an auction for the 'King of Earth'.
‘Wan Chai Land King’ is located on the south side of the Convention and Exhibition Center, with only Harbor Road in the middle. The important thing is that it covers an area of 77,800 square feet. Due to the open space on three sides, the plot ratio can be enlarged to 18 times.
This means that this land can accommodate 1.4 million square feet of commercial buildings!
...
Huazhi Center.
After Lin Zuhui learned about the "area ratio" (the Hong Kong government had informed him before the auction), he immediately became excited, that is, he planned to build a skyscraper on this land.
For example, he predicts that it can be built with 80 floors (estimated), so this building will be the tallest skyscraper in Asia and can be ranked among the top ten famous buildings in the world.
The building only covers an area of 17,500 square feet (undetermined), and the excess land will naturally form a square, which is extremely beautiful.
He quickly began to estimate the cost. Assuming that the land was acquired at a sky-high price of 3.5 billion, and construction fees and miscellaneous expenses were about 1.7 billion, then the entire project would require an investment of 5.2 billion.
It's not expensive. In another 20 years, a building like this will probably be worth 40 billion, which is equivalent to two-thirds of the market value of all Wanda Plazas in mainland China in the previous life.
This does not include the rent generated during the period, which may be as high as 30 billion!
The value of a building is more than all the Wanda Plazas in the mainland in previous lives.
However, for a project with a total investment of more than 5 billion, New Era Group and Chinese Real Estate have joined forces, and it is also very difficult;
We have the funds, but we have to consider that the Hong Kong government still has ‘land kings’ or high-quality land to put up for auction.
By then, the strength of the two companies will be greatly reduced!
Therefore, Lin Zuhui plans to take 30% of the shares in the name of the Lin family, and New Era, Huazhi will each take 35% of the shares!
However, at this time, he had no money again, and he was still in debt of 2 billion, and he also mortgaged part of his interests in the Tiligende Pavilion and Furama Hotel.
The scene at this time has never been familiar to him. Before the August 7th stock market crash, he also operated in the same way.
But at this time, although he personally borrowed 2 billion in debt, even if real estate and stocks plummeted immediately, his vitality would not be seriously damaged, it can only be said to be a little superficial!
However, he has already mortgaged all his fixed assets, and only the stocks are left to be pledged!
To participate in the "Wan Chai Land King" this time, Lin Zuhui personally needs to contribute 1.1 billion (30% of the equity, only for land costs). Lin Zuhui plans to pledge the shares of Wanhui Media and Leit Group.
Lin Zuhui suddenly had a headache. If this trend continues, when will he be able to achieve "financial freedom" and when will he be able to catch up with Li Ka-shing.
He finally realized how powerful the old family was!
It can be said that if real estate companies such as New World, Henderson Land, and Sun Hung Kai want to raise debt, they can probably raise 5 billion immediately.
Of course, they still dare not do this to Lin Zuhui. For them, they are always wary of stock market crashes like these in 1967, 1973, and 1982, when real estate plummeted. How many of their peers fell before they broke out of the siege. How dare they risk everything?
Note!
at this time.
Lin Zuhui suddenly felt that the more powerful he felt about the old family, the more courageous he should move forward.