Returning to Hengjin Investment that day, Li Hao happily walked to Lin Zuhui's office.
"Boss, USD/JPY has fallen to 120.5 points, creating a new historical low!"
Lin Zuhui nodded calmly. Although he did not have this memory, he had predicted it in advance!
"Have you bought the previous 4.5 billion funds (450 million margin)?"
Li Hao said: "Well, I have already bought it, the average price is 121.5 points!"
Lin Zuhui asked again: "How much money was withdrawn from the previous short selling positions?"
Li Hao replied: "We have withdrawn 630 million and made a profit of 330 million! Currently, we are starting to buy in batches and expect to buy in 5 trading days!"
Lin Zuhui was very satisfied. He had made a big fortune with his skills. This time, he really didn't rely entirely on his memory, but basically on his skills.
In fact, the richer you are, the more beneficial it is to do finance because you have a good mentality!
He started shorting when USD/JPY was at 134 points, and the win-lose ratio at that time was 50/50. In other words, USD/JPY might rise to 148 points, and then he would be liquidated!
Of course, because he has money, he may choose to add margin, because he knows that it is unlikely to exceed 160 points, but will definitely fall to 120 points.
Because he has a good attitude, he only has to wait for the results!
When USD/JPY began to plummet to 126 points, his thought at the time was that it might fall to 120~123 points. After his mentality improved, he would not make mistakes in his operations, and would start buying once it fell to the price he wanted.
, and close the previous short selling order.
This time it is equivalent to investing 10.8 billion Hong Kong dollars in US dollars/yen (margin 1.08 billion). Because 120~122 points was the lowest price in the past four years, Lin Zuhui did not worry at all.
If there was a Wall Street boss who tried to change history and came specifically to rob Lin Zuhui of 1.08 billion in funds (actually only 750 million was paid out, and the rest was earned), then he would not hesitate to add a billion in margin.
He is not short of 2 billion and can afford the loss, but he just wants to see whether history is really easy to change!
You know, if he wants to engulf his 2 billion, I am afraid that the yen will have to appreciate sharply, and the USD/JPY will fall to about 100 points. That is really an exaggeration. For his 2 billion, should Wall Street use hundreds of billions of funds?
If Wall Street doesn't care about his funds, then Lin Zuhui will just sit back and make money!
Based on the inflation situation in the United States in recent years, Lin Zuhui has predicted that next year (1989) USD/JPY will most likely rise to above 140 points, which is equivalent to 1.7 times profit (1.8 billion).
.......
In the private room of the Furama Hotel, Lin Zuhui and Lee Shau Kee sat together for a dinner date.
In fact, it was Lee Shau Kee who took the initiative to come to the door, and Lin Zuhui also understood what he meant.
After the two sat down, Li Shauji asked Lin Zuhui to order. Lin Zuhui modestly pushed back and let the elder order first.
Lee Shau Kee smiled and pushed it back and said, "You order it, it doesn't matter what I eat!"
Lin Zuhui just started to order this time, and said with a smile: "That's true, I have also heard the story of Fourth Uncle's servant Ten Sisters!"
Lee Shau Kee smiled and waved his hands to express his humility!
The story also comes from Henderson:
[Lee Shau-kee usually had lunch at the company if he didn’t have a lunch date that day. Lee Shau-kee ate quite simply. For a period of time, the maid who served him lunch, Sister Ten, would often prepare beef noodles with beef and rice for him.
Eggs for lunch.
Lee Shau Kee's secretary Guo Zhiyun once asked the tenth sister: "Why do you always do it alone? Can you cook some new dishes for the boss to eat?"
Sister Ten said: "He is the boss and can ask me to change the dishes at any time. He eats it all every time. Doesn't it prove that he likes to eat beef rice?"
Later, the Human Resources Department transferred Sister Ten to another floor to take charge of the tea service, so another maid, Sister Li, took care of the boss's lunch. The new maid prepared another side dish and brought it to Lee Shau Kee.
He was very happy and couldn't help but said: "Haha, there are new dishes."
Henderson's colleagues spread the word about this, and Lee Shau-kee's humble and unpretentious character was even more respected.]
These old wealthy people in Xiangjiang are actually very frugal in their lives.
The style of new rich people such as Lin Zuhui and Liu Luanxiong is completely different. Only by enjoying the best will they be more motivated to make money.
After chatting for a while, Lee Shau Kee finally said: "You are bound to win the Wan Chai Land King this time, right?"
Lin Zuhui smiled and said: "It's definitely going to be a bit serious, but we will definitely go all out!"
Lee Shau Kee laughed, and then said slowly: "Even if you try your best, Superman Lee will suffer a loss!"
In the eyes of many veteran tycoons, Lin Zuhui's financial strength seems to be inexhaustible; everyone also speculates that Lin Zuhui is good at finance and must have made a lot of money in Hong Kong's securities market, foreign exchange, gold, etc.
In this way, it makes perfect sense that Lin Zuhui often uses his own money to subsidize the company (raising funds from rights issues).
Lin Zuhui said seriously: "I developed late, so I will inevitably have to compete with everyone, but I believe that as long as there is fair competition, that is the atmosphere our Xiangjiang shopping mall should have!"
Lee Shau-kee nodded in approval. Outsiders said that the major real estate developers had a 'monopoly' on Hong Kong's economy, and they themselves were helpless. If everyone has funds in their hands, why not invest them instead of depositing them in banks?
Then, Lee Shau Kee took the initiative to mention: "This time you bid for the land king of Wan Chai, do you welcome me to take a share of the pie?"
He knew that Lin Zuhui was bound to win, but he did not have the strength to bid alone (the funds were not available), so he wanted to join a party with a greater chance of success.
Lin Zuhui said without hesitation: "How about 20%?"
When doing business in Xiangjiang, you cannot push out cooperation. Even if you make less money, cooperate if you can!
Lee Shau Kee nodded and said: "I just want to participate, 20% is enough!"
This chapter is not finished yet, please click on the next page to continue reading the exciting content! He originally did not have the funds to bid alone, so he decided to join the party with greater hope of victory; and he heard that Sun Hung Kai joined Sino Properties, so he had only one choice
Join New Era Group.
At this time, Lin Zuhui re-planned the shareholding ratio: 50% for Chinese Real Estate, 30% for the Lin family, and 20% for Henderson.
New Era does not participate, leaving the funds in the account for loan repayments and next year’s business activities!
At this time, New Era Group holds 55% of the shares of Chinese Real Estate. After the stock market crash next year, Lin Zuhui plans to control the shareholding to 75%, or directly privatize it (depending on the situation, not malicious privatization). In this way, New Era Group
The group will be able to share more profits from Chinese real estate, and the Lin family will also be able to share more in the future.
Lin Zuhui added: "It's a good thing that my fourth uncle has joined us! But I need to communicate with you. I will go all out. In addition, there may be fierce competition with the Huang family, so the unit price of this auction will definitely be high!"
Lee Shau Kee smiled and said: "With only 20% of the shares, I don't dare to take a gamble. You underestimate me too much!"
Lin Zuhui responded: "I am worried that you will say that I act impulsively!"
Lee Shau Kee waved his hand and said: "I know you will win, so I came to join you. But I am curious, how much money do you predict this project will cost?"
Lin Zuhui said: "I think it should be 5 billion to 6 billion, including land and construction fees! Although the investment is large, in the long run, return on capital and profit will not go wrong!"
Lee Shau Kee is a real estate developer and knows the market. Although the price is high, it is not unacceptable. This year, office rents have hit a record high. The monthly rent of Exchange Building in Central has reached as high as 75 yuan per square foot, making it the most expensive office building in the world.
, and it’s still rising.
A first-class commercial building in Wan Chai can also reach NT$40 per square foot per month (the Exchange Building is the most expensive in Central, with an average of about NT$50 per square foot in Central). If calculated by multiplying by 100, then the floor space of a first-class commercial building in Wan Chai
The price is 4,000 yuan per square foot; the floor area of Central Plaza is 1.4 million square feet, so after successful construction, it will be worth 5.6 billion at the current price, but the actual value may be higher.
Although real estate will plummet by 30% next year, it will actually rise back to the level before the collapse in less than a year.
The more this happens, the more convenient it is for Lin Zuhui to buy the bottom!
Because no one can see the situation clearly in a short period of time, not even the four major families, but Lin Zuhui can.
Finally, Lee Shau-kee asked Lin Zuhui: "What do you think of Cheung Kong Holdings this time?"
Lin Zuhui said directly: "Li Chaoren has never been willing to go all out on this kind of business projects, so don't worry, Fourth Uncle! The overseas investments he cares about are all over the world!"
In the previous life, Cheung Kong Holdings was so great, but it actually had very few buildings. Li Chaoren even sold 75% of the interest in the Central Center for 35 billion.
Li Shauji was stunned. He didn't expect that Lin Zuhui could see his friend so clearly. He was really a great talent. He thought to himself that it would be no problem for Lin Zuhui to join the five major families, but he didn't know how many years it would take.
No one can stop this young man!
.....
No. 12, Repulse Bay, Zheng's Villa.
Zheng Yutong, Zheng Jiachun, Zheng Jiacheng, father and son are also discussing about the Wan Chai land king.
Zheng Yutong said: "Do you want to bid alone?"
Zheng Jiachun nodded and said, "I want to try it alone, but I won't be reckless!"
Zheng Yutong sighed and said: "I know you are high-spirited and unwilling to follow Ah Hui, which is understandable!"
Zheng Jiachun said with a smile: "Father, don't worry, Ah Hui and I are different. I will have the style of a new generation of businessmen, and I will also uphold your tradition. If we combine the two, we will definitely develop better than the new era!"
Zheng Yutong nodded. He believed in his son's ability very much. After all, he had been with him for so many years. He also knew that his son had certain recognition of the acquisition methods of Lin Zuhui, Liu Luanxiong, Luo Xurui and others, so it didn't hurt to let his son try it.
"The new airport plan may be announced next year, so don't give in to Xiangjiang Industrial and win 16% of their equity in the form of stock exchange!"
Zheng Jiachun nodded. With the new airport plan, the value of Discovery Bay will be greatly increased without limit. Therefore, it is very worthwhile to strengthen the relationship between the two companies through a stock exchange.
"Okay, Father!"
In fact, Zheng Jiachun has many projects in mind at this time, so once he takes office on New Year's Day next year (1989.1.1), he will immediately prepare for implementation.