Chapter 455 [Cooperation between Li Chaoren and Shao Liushu]
Monday, September 9th.
Lin Zuhui was in a good mood in his office at Huazhi Center.
New Era Group has made another 10% overseas investment. In the official land auction in Singapore last week, New Era Real Estate acquired a land area of more than 60,000 square feet on Orchard Road.
Orchard Road is the commercial center of Singapore and one of the most successful commercial centers in the world. According to later statistics, there are more than 20 shopping malls in total, which shows its prosperity.
New Era Group has been waiting for opportunities, so in this Singapore official land auction, New Era Group relied on its huge cash flow to defeat local real estate developers in Singapore and overseas real estate developers, and was called the Dragon Crossing by the local media.
.
It’s nothing. Although Orchard Road is expensive, the land in Xiangjiang Central is nowhere near as expensive. It only costs 1.48 billion for more than 60,000 square feet (Hong Kong is estimated to be 2.5 billion)!
In the morning, Huang Tingfang, Huang Zhixiang and his son from Sino Real Estate came to Lin Zuhui's office.
Lin Zuhui has already guessed why they came. The current cash flow owned by New Era Group makes Xiangjiang Real Estate Company feel desperate; more importantly, Lin Zuhui's personal funds make real estate developers tremble.
Therefore, at the official land auction, New Era Group must be the most eye-catching player.
"Congratulations to Lin Sheng for winning the Orchard Road land and entering the Singapore real estate industry!" Huang Tingfang said with a smile.
At this official land auction in Singapore, Far East Organization, another son of Huang Tingfang, also participated in the auction, but it did not perform well. Far East Organization was originally the king of Orchard Land and currently owns many commercial shopping malls there.
So elegant and enviable.
Lin Zuhui accompanied Huang and his son, drinking tea on the sofa, and responded: "Everyone must be humble, otherwise our New Era Group would have won the share!"
Huang Tingfang, Huang Zhixiang and his son immediately slandered in their hearts, considering the style of New Era Group and the strength of Xiangjiang No. 1 Real Estate Company, who would dare to test its edge.
Real estate developers in Singapore, including those with official background, actually want to win. However, the current Prime Minister is Wu. He opened Singapore to the country in 1990 and implemented open development. Therefore, the price of this official land auction is
The higher one gets it.
Of course, in 1988, Wheelock spent just over HK$900 million to acquire a piece of land on Orchard Road and build the Wheelock Tower; it can be seen that land prices on Orchard Road have risen sharply in recent years.
You know, as far as Lin Zuhui knows, in the 2020s, Miss He won a piece of land on Orchard Road, and the average price was only 71,000 square feet. In other words, in terms of land price alone, Orchard
There is only room for growth of three or four times.
After being polite, Huang Tingfang got down to business: "Lin Sheng, at the official land auction next month, there is a piece of Shatin residential land. New Era Group is also determined to win it, right?"
Nonsense, the current housing prices there are only less than 3,000 Hong Kong dollars, and the prospects are great. Since you won’t lose money, why bother making concessions?
Lin Zuhui said with a smile: "It's a bit serious to be determined, but we are still optimistic about the prospects of Xiangjiang Real Estate!"
There is no need to speak too clearly, Huang Zhixiang and his son will understand.
Huang Zhixiang showed a trace of 'worry' on his face, but it quickly disappeared and suggested: "How about we two form a team again?"
Lin Zuhui began to think about it. The performance of Sino Real Estate on government land should not be underestimated. Although he was sure of victory, the gains outweighed the losses. This time, the Shatin residential land king did not have any plans to build a commercial shopping mall, but he could cooperate!
"Okay, if we cooperate, we won't have to raise the price too much!"
Huang Tingfang breathed a sigh of relief and said with a smile: "This is indeed true. New Era Group is the largest real estate developer in Hong Kong. Its strength is formidable. It is our honor to cooperate!"
Lin Zuhui responded: "It's serious. New Era Group has a big business and the current investment project is too big. We would rather cooperate with competitors like Sino Real Estate!"
These words were very pleasant to hear, Huang Tingfang and his son thought to themselves.
After Huang and his son left, Liang Zhenxun walked into the office.
"Boss, US$100 million has been injected into Fuli Real Estate's US account!"
Fuli Real Estate was a Hong Kong-listed company acquired by New Era Group that specialized in real estate investment in the United States. Later, the stock market plummeted in 1989, and New Era Group privatized it. It currently owns a comprehensive commercial center in Los Angeles, USA (two
building)', as well as a large number of rental properties, with an asset value of approximately HK$3 billion.
This year, Lin Zuhui has arranged for Fuli Real Estate to move its headquarters to Los Angeles as the flagship company of New Era Group’s investment in the United States.
Upon hearing this, Lin Zuhui immediately said: "Immediately buy Citibank shares and make long-term investments!"
Although Citibank's stock is falling, it has been frantically raising funds this year. Prince Walid alone invested more than 500 million U.S. dollars, plus Lin Zuhui's 200 million U.S. dollars, and some investors in the market injected more than 800 million U.S. dollars.
US dollars.
In fact, Citibank's market value is still more than 4 billion US dollars! But the stock price has dropped by one-third from when Lin Zuhui first bought it.
Fuli Real Estate bought US$100 million, accounting for almost 2% of the shares. But Lin Zuhui knew that in 2000, Citibank's market value was nearly 200 billion.
If you buy now, you will earn more than 30 times the profit (may raise funds in the process), and New Era Group may also sell part of it in advance!
Liang Zhenxun nodded and said, "Okay, I'll arrange it right away!"
Investing in Citibank is a long-term investment, and it is an investment from New Era Group, so there is no need to be secretive or set up any offshore companies.
After buying shares of Citibank this year, New Era Group also plans to purchase office buildings in New York, USA, with an amount of up to HK$5 billion, which is of course the maximum loan amount, and a down payment of 20% is the best.
Lin Zuhui calculated that investment in the United States requires HK$1.8 billion, which is not too large.
This chapter is not finished yet, please click on the next page to continue reading the exciting content! New Era Group can also earn more than 300 million Hong Kong dollars from the futures contract at the end of the year.
However, New Era Group's non-recurring profits this year are indeed pitiful, estimated to be only 500 million.
"Wait!" Lin Zuhui suddenly called out to Liang Zhenxun.
"Okay, boss!" Liang Zhenxun returned obediently and sat on the sofa.
Lin Zuhui took out a piece of paper, quickly analyzed it while writing, and quickly decided on an investment.
"Take out 300 million Hong Kong dollars and use 20 times the leverage to short-sell the U.S. dollar and yen! Go short-selling immediately and try to get it done this week!"
Liang Zhenxun was a little surprised. This investment was a temporary decision, but the boss was so confident?
"No problem, I'll finish it as soon as possible!" The price was only 300 million Hong Kong dollars, and Liang Zhenxun didn't ask too much.
"Remember to prepare 300 million as margin supplement to avoid liquidation!"
"OK!"
After Liang Zhenxun left, Lin Zuhui nodded with satisfaction. He was very happy to make some money for the company!
But now that the dollar and yen have fallen to 135 points, I don’t know if there is any risk! But he is not afraid of losing the company 600 million. Anyway, there is a gain of 500 million in securities this year.
What's more, it's almost 1992, and logically it won't rise above 141 points!
In fact, Lin Zuhui only knows one piece of reference information: "It fell by 120 in 1992, it fell by 100 in 1993, and it fell by 80 in 1995." As for whether there was a rebound in the middle, he has no memory.
Therefore, he feels that he has become a master in foreign exchange trading (self-perception)!
In the conference room of ATV headquarters, Lin Zuhui was having a meeting with senior executives.
Shi Nanshenghui reported: "In the eight months since ATV started broadcasting, the audience has officially exceeded 20 million household users, covering 30 countries! However, recently, TVB is cooperating with Dragon TV on demand, and the two parties may reach an agreement!"
Lin Zuhui frowned slightly. This was something that had not happened in his previous life. Is it because the rise of Asia Television and Asia Satellite TV gave Li Chaoren and Uncle Shao Liu an opportunity to cooperate?
Asia Satellite TV started broadcasting on New Year's Day this year and quickly attracted a large number of viewers with its exciting dramas, movies, programs, and the "The Voice of China" talent show.
On the other hand, Li Chaoren's Dragon TV only had a trial broadcast in May, which is far behind. Dragon TV has five channels, and some technical problems often occurred during the period. Let's not talk about the four English channels, but the Chinese one
However, Taiwan has been unable to attract viewers because of the presence of Asia Satellite TV.
At present, the five channels of Dragon TV cannot be fully utilized and broadcast programs! And the audience of its five channels is not as large as that of Asia Satellite TV.
Lin Zuhui said: "The possibility of cooperation between the two parties is very high, but we only need to do our job well, then Dragon TV's Chinese channel will not be a concern."
He also didn't expect that Uncle Shao Liu would be growing stronger as he aged, and he still wanted to compete with young people for the world! However, Li Chaoren has been unable to open up the situation in the Chinese channel, and must seek a breakthrough in content.
This has given Lin Zuhui the idea of going to the United States to buy a satellite and then seek to launch it in the mainland. Setting up a satellite TV network is what Lin Zuhui wants to do, mainly because he is creating the goal of "revitalizing Hong Kong through Hong Kong culture".
However, the total cost of purchase and launch is estimated to be around US$500 million, which is still very difficult for ATV. Moreover, Hong Kong culture has just started, so there is no need to be so urgent.
The best way is to go to the mainland to seek cooperation in two years, and both parties jointly invest in purchasing American satellites for launch. A satellite has twenty or thirty receivers, and Lin Zuhui doesn’t even need a quarter, so there is no need.
It is necessary to invest alone.
Seeing that the boss didn't care about the cooperation between Li Chaoren and Shao Liushu, everyone was encouraged. ATV's current strength is no longer something that TVB and Dragon TV can shake.
"How is the filming situation of "Blue Life and Death"?" Lin Zuhui asked with concern.
Program director Zhao Zhenqiang immediately said: "It has been filming for more than ten days and everything is going smoothly. There will be no problem in broadcasting it early next year!"
Lin Zuhui nodded and said: "In the future, we will shoot more Hong Kong TV series and broadcast them on satellite TV stations. Our satellite TV stations have such high advertising fees, it is worth continuing to invest!"
At present, Asia Satellite TV has signed advertising contracts with many large companies, and the monthly advertising fees are around 70 million Hong Kong dollars (non-net profit), and it continues to increase. The advertising fees for one satellite TV channel are higher than those of two ATV channels.
In this case, it is natural to ensure sufficient resources such as TV series, movies, and programs.
Li Huanggua's Dragon TV claims to be on-air 24 hours a day, but in fact it only has 8 hours of programs, and the rest of the time it broadcasts the same program repeatedly.
Asia Satellite TV also broadcasts 24 hours a day, but there are not many repeat programs and they are all arranged in special time periods.
Zhao Zhenqiang immediately said energetically: "Okay!"
In fact, Lin Zuhui has already planned to adapt South Korea's "Daejeon" and start filming next year!
This kind of historical drama is very easy to adapt for China, which has a civilization of 5,000 years.
Dragon TV, Li Chaoren is the chairman, Ma Shimin and Li Zeyi are the vice-chairmen, and Chen Qingxiang, who has many years of TV experience, is the chief executive. Li Zeyi is the actual head of the satellite TV, Li Chaoren just takes up a false position and lets his son do it; while the master Ma Shimin
Considering Li Chaoren's face, he would not meddle in the affairs of satellite TV at will.
Moreover, Li Chaoren originally wanted to call it 'Asia Satellite TV', but Asia Satellite TV also leased two satellite receivers, and others obtained the satellite license several months earlier than him, so he had to change it to 'Oriental Satellite TV'.
Li Zekai originally thought it would be a good job, but under the strong offensive of Asia Satellite TV, Dragon TV's Chinese channel has been unable to open up. Asia Satellite TV not only has strong program production capabilities, but also Shi Nansheng, a strong woman, has played an important role in ATV's overseas promotion.
, Shi Nansheng’s performance is indeed very eye-catching.
This chapter is not over yet, please click on the next page to continue reading! In the end, Li Zekai had no choice but to agree to Shao Liushu's proposal and jointly establish a Chinese channel with TVB.
In the conference room, both parties were finalizing the final agreement.
Uncle Shao said with a smile: "If we cooperate with Dragon TV's Chinese channel, we should not be unable to broadcast Cantonese programs, so we should apply to the Hong Kong government to lift the blockade as soon as possible!"
Li Chaoren and his son were overjoyed. The biggest obstacle was the inability to broadcast Cantonese channels. As long as the programs were mainly in Cantonese, they could not be broadcast. This prevented many programs in Hong Kong from being broadcast on Dragon TV.
Li Zekai immediately said happily: "Uncle Liu is right. Dragon TV has always been restricted by this problem, which has made it almost impossible to introduce Xiangjiang's programs and lost many viewers."
Li Chaoren suddenly remembered a question and said to Uncle Shao Liu: "Brother Six, can the 'Hong Kong culture revitalizes Hong Kong' really be effective?"
They are both real estate developers. Lin Zuhui's reputation is better than him, and Lin Zuhui's influence is also higher than him. This makes Li Chaoren a little unconvinced. After Lin Zuhui proposed the idea of "revitalizing Hong Kong through Hong Kong culture", it greatly improved Lin Zuhui's reputation!
In Li Chaoren's mind, he selfishly thought that this plan would be a castle in the air at best.
Uncle Shao Liu was very honest, with a look of admiration on his face, and said: "At least one of the groups they launched, a female artist, has a very large influence in Asia! And as far as I know, YG Entertainment, a subsidiary of ATV, has many such talents.
They have created a culture. But don't worry, our TVB will soon launch a 'Hong Kong Idol' team, which will also increase its influence across Asia through satellite TV."
Li Chaoren's heart sank. He could design an industry for Xiangjiang at such a young age. He couldn't match this courage!
Li Zekai is very interested in these, and plans to set up an entertainment company for Dragon TV to cultivate some idols of his own company! The contract signed with TVB is only for two years. By then, Dragon TV's self-produced programming capabilities will definitely be greatly improved.
Dragon TV has five channels, so it will definitely not lose to Asia Satellite TV, which has only one channel.
Father, let me defeat your competitor, Li Zekai thought!