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Chapter 370 [Debt Reduction]

December 9th, Saturday.

The Big D Club (also known as the "Lam Group" in the media) held a gathering at the Clear Water Bay Golf and Country Club. Its members include Lin Zuhui, Zheng Yutong, Liu Luanxiong, Yang Shoucheng, Poon Dickson, and Fang Jin. Today, Lin Zuhui brought Zhou Xingchi.

Bringing Zhou Xingchi along was just a random act, and he was not really qualified to participate, at least not yet.

Among them, although Pan Dickson has a close relationship with the Zheng family, he has become closer to Lin Zuhui in recent years; and Fang Jin is Lin Zuhui's younger brother. When he brings him in, Zheng Yutong will naturally not say anything.

Zhou Xingchi has already been promoted to "Master Star" in the past two years, and has filmed ten movies for DreamWorks, with a total box office of more than 300 million. Of course, he does not earn much, with a total salary of less than 15 million.

I only earned 30 million yuan from advertising fees.

However, Lin Zuhui recently introduced him to Fang Jin and asked him to buy some houses and wait for the value to increase, which was a sign of appreciation for him.

Zhou Xingchi's contract with DreamWorks still has two years left, but if he wants to change jobs, someone will pay him a lot of liquidated damages of 10 million. Therefore, his salary has been increased twice this year, and it is currently around 2 million per movie.

Everyone first drank and chatted in a large private room in the club. Basically, every gathering consisted of chatting, picking up big balls, and playing golf.

Lin Zuhui was leaning on the sofa, with his legs crossed and a red wine glass in his hand. He was surrounded by a group of younger brothers waiting for him. It was still very comfortable. It's not that the younger brothers were waiting for him, but it was quite comfortable to have famous younger brothers waiting for him.

.

His left hand is Pan Dickson, his right hand is forward, and Zhou Xingchi is sitting next to him;

On Zheng Yutong's side were Liu Luanxiong and Yang Shoucheng.

Zheng Yutong spoke first: "Ah Hui, you have to accompany us to get rid of Big D today, right? Every time you say you want to go back to be with your girlfriend, why don't you give yourself a holiday? Haha!" But he started joking.

Lin Zuhui immediately said rudely: "If we hoe from afternoon to night, I really have to ask for leave and let Fang Jin play with you!"

Zheng Yutong looked at Fang Jin and asked: "A card game worth millions, is that okay?"

Fang Jin smiled and said, "No problem, Uncle Tong, we'll play until whatever time you say!"

Everyone is a little curious. People with a net worth of over 100 million may not necessarily be able to play this card game, at least those with a net worth of several hundred million. Could it be that Fang Jin followed Lin Zuhui and his net worth skyrocketed again?

Only Lin Zuhui knew that Fang Jin was now worth more than 200 million, not counting the bargain hunting in real estate. Although Lin Zuhui didn't say anything explicitly, Fang Jin understood the timing of real estate speculation by Li Zhi and others.

What's more, Lin Zuhui asked him to buy a house with Zhou Xingchi.

Of course, people like Fang Jin, Zhou Xingchi and others who speculate in real estate do not dare to invest too much. If the real estate price plummets, they will lose everything.

"The Romance of Fairy Wood"

At this time, Yang Shoucheng humbly asked Lin Zuhui for advice: "Zu Hui, I recently want to go public through a backdoor scheme. What do you think of the timing?"

In fact, we rarely talk about business when we are together, but it is inevitable to talk about business.

Yang Shoucheng was thinking about Lin Zuhui's strength in the financial field, so he couldn't help but ask.

Lin Zuhui said: "You have the answer, so naturally you have to do it. The current market conditions are still acceptable!"

Yang Shoucheng nodded. He had indeed decided to go public via backdoor. He also understood finance. After all, he had a large number of foreign exchange brokers.

Fang Jin was very moved when he heard what Yang Shoucheng said, and quickly said: "I am also planning to go public through a backdoor scheme recently!"

Fang Jin owns a construction company and an intermediary company. His main business is to buy old stores and buildings, renovate them, and sell them piecemeal.

Lin Zuhui suddenly remembered that he still had a shell of China Entertainment that he could not use. Because ATV's listing did not require a backdoor listing, and he met all the conditions for listing, a backdoor listing would be more complicated.

"Did you find the shell?"

"Not yet. I only came up with the idea after hearing Brother Yang talk about backdoor listing!"

Lin Zuhui nodded and said: "I happened to have an empty shell, you can take it later!"

Fang Jin immediately knew that it was the shell of China Entertainment Company, and it was a good shell, so he nodded quickly.

Since China Entertainment became a shell company, it has not stopped developing. Instead, it has been speculating on properties and stocks. Its current net assets are around 80 million, and Lin Zuhui holds 49% of the shares. If Fang Jin needs it, he can sell it for exactly 50 million.

Everyone chatted for a while and then started to form a team to play golf.

During this period, Lin Zuhui called Zhou Xingchi and asked, "How much value did you buy?"

Zhou Xingchi lost the shyness before and said with a smile: "A property worth 50 million was bought with a down payment of only 30%!"

Lin Zuhui was stunned and immediately said: "It seems that you are quite brave, and you are not afraid of me messing with you!"

Zhou Xingchi said confidently: "Boss, let me know what to do. Besides, all Hong Kong citizens know that after this year's sharp decline, boss, you are speculating on tens of billions of real estate projects!"

Lin Zuhui smiled and patted him on the shoulder, then walked towards the golf course.

Of course Zhou Xingchi knew that his boss was trying to impress him. Of course, he also knew that he was valued by the company because of his value. In fact, he also thought about paying off the breach of contract fee and leaving DreamWorks.

However, he felt that he could not afford to offend his boss, who was the overlord of television, newspapers, and magazines.

Fortunately, now the salary has increased to 2 million, which is not unacceptable! Especially recently, the boss introduced Fang Jin to him. Zhou Xingchi knew that he was prosperous. He had always wanted to buy real estate, but before the collapse, he bought two thousand-square-foot apartments.

Luxury houses were bought to the ceiling. After the collapse, he was worried that house prices would continue to fall.

It wasn't until November, when his boss introduced Fang Jin to him, that he felt he had found an organization.

Everyone played from morning to afternoon. When Lin Zuhui left, Zheng Yutong, Da Liu, Yang Shoucheng, and Fang Jin organized the card game again. It looked like they would work until late at night, or even all night long.

The reason why Lin Zuhui does not need to socialize at night is because he now has four sons and two daughters. Cai Ning gave birth to a daughter in October this year, and Qiu Shuzhen gave birth to a son in November.

This chapter is not finished yet, please click on the next page to continue reading the exciting content! This fully confirms the problem that men are the factor in the birth of boys and girls. You must know that Qiu Shuzhen gave birth to three daughters in her previous life, but she did not give birth to a son. This is also

Let Lin Zuhui relax, Qiu, Li and Lin were all daughters in their previous lives.

...

On Monday, Lin Zuhui called Gao Yi and Liang Zhenxun to his office.

"Let's make arrangements to sell 20% of the equity in the Wanguo Baotong Center and the Central Plaza to my personal real estate company Hengjin Real Estate for a total price of 1.5 billion. Then, New Era Group will repay the 3 billion loan and reduce the debt.

Hold to 12 billion."

Gao Yi nodded immediately and said, "Okay, I'll make the arrangements!"

He originally wanted to buy the World Trade Center in Causeway Bay directly, but he felt that that would expose the strength of Hengjin Real Estate. After buying the 20% interest in Central Plaza and Wanguo Baotong Center, Hengjin Real Estate would hold these two projects (three projects).

50% interest in the building).

The manager is still Chinese Real Estate, and Hengjin Real Estate only needs to enjoy the dividends every year, and in this way, everyone knows that these two projects are properties of Chinese Real Estate, and will not think of them as properties of Hengjin Real Estate.

Liang Zhenxun said: "After such operations, New Era Group has not only reduced its debt holdings to 12 billion, but also has nearly 1 billion in cash and more than 500 million in foreign exchange investment, which is enough to cope with the tender for Kwai Chung No. 8 Container Terminal next month.

.”

In 1988, Li Chaoren won Container Terminal 7 at a price of 4.5 billion; today's Container Terminal 8 and Container Terminal 7 both have four berths, but the area is slightly smaller. Coupled with the current poor market conditions,

Therefore, the winning bid price this time should be around 5 billion.

In fact, if it wins the bid, New Era Group will only own one-eighth of the shares, that is, Sea and Land Container will hold one-quarter of the shares.

Therefore, New Era Group’s investment in the container terminal is only RMB 670 million, and all subsequent construction will require loans.

Lin Zuhui said: "The funds are still sufficient, and the purchase of land cannot be stopped. For subsequent debts, let's slowly consider reducing our holdings!"

If I can earn more than 500 million in foreign exchange, I will pay back another 1 billion together with the principal.

As for Huazhi's construction costs, they are actually paid for through rent and loans at the same time.

Liang Zhenxun and Gao Yi know that the boss has a very clear understanding of the company's plans, so they, the management, have never considered the issue of excessive debt. At least, they believe that the boss's personal funds are very sufficient. Once something happens to the company,

, the boss will always come up with funds to rescue the company.

After the two left, Lin Zuhui made some plans.

2.5 billion was paid to purchase 25% of Modern Container's shares, 600 million was paid to purchase 20% of ATV's shares, 2 billion was paid to subscribe for the "warrants" of New Era Group, and 1.5 billion was paid to purchase Chinese Real Estate properties;

Including the 2 billion invested in USD/JPY, he spent another 8.5 billion, and his huge debt of 6.5 billion has not yet been repaid.

However, he is not worried. Japanese securities will almost be able to withdraw about 15 billion.

If he makes money from foreign exchange and Nikkei futures, all his principal will be his free funds.

Not only that, his Hengjin Real Estate owns many rental properties:

70% interest in Towers 2 and 3 of Diligende Pavilion (the third tower is under construction)

20% interest in the Convention and Exhibition Center Building (140,000 square feet, already rented out)

Universal Baotong Center, 50% interest in Central Plaza (a first-class commercial building with a total area of ​​3.05 million square feet)

32 shops (prosperous shops located in Central, Causeway Bay, Wan Chai and Tsim Sha Tsui, with a total area of ​​23,000 square feet and a current value of approximately 900 million)

The office building is about 300,000 square feet (valued at 1 billion, the largest unit is a floor and the smallest unit is a household)

6 garden-style villas (worth 300 million)

15 single-family/townhouses (worth 400 million)

62 luxury luxury units (approximately 200,000 square feet, value 550 million)

Two industrial buildings (area 500,000 square feet, value 250 million)

The current value of these properties is only about 7 to 8 billion. After all, there are still projects to be built.

Moreover, these properties are only listed on Hengjin Real Estate, and the properties of Lin Zuhui himself and the fairies are not included.

For example, Guan Jiahui bought 250 residential units from the New Era Group this time, and the monthly loan repayment was enough for her to drink a pot. So Lin Zuhui told her to squat down, but she would never dare to stand up.

After entering the 1990s, housing prices in Xiangjiang will rise for about eight years, that is, before the Asian financial crisis.

After eight years of growth, according to statistics from relevant departments in Hong Kong, there is still a shortfall of 350,000 to 500,000 residential units in Xiangjiang. This shows how powerful the growth will be!

...

The next day, the groundbreaking ceremony of the IWC Center was held grandly. IWC attached great importance to this project, and even the top executives of the U.S. headquarters came to Hong Kong in person.

And because of the relationship with IWC, many guests came to this groundbreaking ceremony, basically all partners of IWC. Wei Yixin was once again invited by Steve, the person in charge of IWC Xiangjiang, to come to HSBC

Puisi has arrived.

The total construction cost of the Wan Guo Baotong Center is 2.2 billion yuan, with an interest payment of 700 million yuan, plus a land fee of 3.1 billion yuan, for a total investment of 6 billion yuan.

The construction cost of the entire project is relatively high, and it is naturally a first-class commercial building. Not only that, the building is designed to have an optical fiber central communication system.

In the future, this building can easily be regarded as the property of Wan Guo Baotong. This is also one of Lin Zuhui's original intentions, which is to hide wealth.

After the grand foundation-laying ceremony ended, everyone enjoyed a banquet at the place where they had been set up.

Lin Zuhui is still the most popular figure. Although Wei Yixin is the boss of the Hong Kong government, it is not very important to foreign investors; on the contrary, many people come to Lin Zuhui, hoping to get to know him and have the possibility of cooperation.

This is the case for John, the American senior executive of IWC. In his view, Lin Zuhui will soon go out into the world to develop. After all, Hong Kong is still too small.

"Mr. Lin, I have admired you for a long time. You are also very famous on Wall Street!" John said while handing over his business card.

This chapter is not finished yet, please click on the next page to continue reading the exciting content! Some things cannot be hidden at all, such as Lin Zuhui is a master of foreign exchange speculation!

Lin Zuhui returned the gift and said with a smile: "Mr. John, thank you for the award. I have never even been to Wall Street, how can I be famous!"

After being polite, John took the initiative to mention: "Does Mr. Lin have any plans to increase investment in the United States?"

Lin Zuhui simply said: "Yes! But I haven't thought about the project yet. I will go to the United States to investigate next year!"

John suddenly said happily: "Our Citigroup is a large consortium in the United States. If Mr. Lin needs any help or cooperation projects, you can contact me and I will treat him enthusiastically!"

Steve also added: "Mr. Lin, you have to believe in the strength of our Citigroup, and as far as I know, you have invested in some projects on the West Coast of the United States. I know that you are passionate about Los Angeles and San Francisco. It just so happens that our Citigroup is the largest on the West Coast.

Consortium.”

Although Citigroup is headquartered in New York, it belongs to a consortium that emerged in the West, and Boeing is a company controlled by it.

Lin Zuhui nodded. Hong Kong tycoons are definitely very popular in Europe and the United States. Officials from various Canadian provinces often visit Lin Zuhui and hope that Lin Zuhui will invest in Canada. He never refused, but he always talked about it after the 1990s.

Therefore, even if Lin Zuhui has not really left Hong Kong, he has actually accumulated a lot of connections in Europe and the United States.

Next, some people approached Lin Zuhui one after another. He greeted them with a smile and handled the situation very well. It is hard to imagine that a young man in his twenties can do this in a group of mature people.

Calm, and extremely confident. With this temperament, he would scorn those descendants of European and American nobles and conglomerates.

If Lin Zuhui knew these thoughts, he would definitely despise him. The so-called aristocrats in Europe and America are worthless in his eyes. He is a self-made millionaire, and he is in the golden land of Xiangjiang, not to mention what he is most proud of is

A sense of physical superiority.

Some people live a lifetime of 80 years, so Lin Zuhui can confidently say that he lives several lifetimes more comfortably than others.


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