In early October, Lin Zuhui led a team of people to the mainland again and signed 10 projects at once, with a total investment of HK$6 billion; infrastructure (highways, bridges, power plants, ports) projects accounted for 8, all of which were joint venture projects.
It accounts for 50% to 70% of the shares; the remaining two projects are the second LEIt clothing factory in Dongguan City (covering an area of 1,000 acres) and the second beverage factory in Shanghai.
At this time, his total investment in the mainland has reached nearly 30 billion, making him the largest Hong Kong investor.
Of course, Li Chaoren is not to be outdone, he also has more than 20 billion;
Zheng Yutong ranked third, with almost 15 billion.
Although New Era Group has invested 30 billion, it can only take out 6 billion, and the rest will be loans; even the 6 billion fund can only be taken out within a year and a half.
Lin Zuhui calculated that this year's mainland investment is almost as big as the Shanghai World Financial Center in Shanghai.
With such a large investment, Lin Zuhui thought that he might not be able to escape the criticism from mainland netizens in the future; he didn't care, after all, with his romantic nature, he must have no reputation.
However, he does avoid a few things:
He does not invest in projects that destroy ancient buildings, such as Oriental Plaza and Sanqi Alley in his previous life;
Try to avoid hoarding land without developing it as much as possible. Hoarding land is certain, but in the end the development rate will definitely exceed 70%;
For long-term investment, cashing out in 2015 is enough (strategic cashing cannot exceed Lao Li), while Central Plaza and commercial buildings do not cash out and are used for long-term rent collection;
Avoid investing in too many infrastructure projects to avoid becoming a 'toll collector'. The appropriate price can be redeemed by the ZF (when the ZF decides to make it free) to avoid causing public outrage.
Lin Zuhui once again completed the feat of personally donating 200 million this year, which were respectively for the education of Sichuan and Guangdong provinces, mainly basic schools and supplemented by universities.
This is no longer about paying premiums, but Lin Zuhui's own kindness. He feels that 200 million is nothing to him, but it may help others. He has also donated money overseas, but it is only one-tenth of that in the mainland.
........
Friday, October 9th.
In the office of Huazhi Center, Chen Bin walked into Lin Zuhui’s office.
Chen Bin, who had just returned from an inspection trip to Canada, could see that he had not had time to rest before he returned to the company to work.
Lin Zuhui did not praise his desperate work style, but educated him: "You are now the president of a multinational company, and you don't even know how to arrange your own rest time. There are so many senior employees in the company, so when you go to inspect
You don’t have to do everything yourself. Moreover, I also hope that you, the senior management, will train more of the company’s management.”
Chen Bin quickly said: "The boss is right, I will pay attention to it in the future."
Lin Zuhui nodded with satisfaction and said, "Well, tell me, what are the gains?"
Chen Bin took a sip of the brewed tea, straightened out his thoughts, and then reported: "We have reached a preliminary agreement with Canadian Marathoy (the real estate branch of Canadian Pacific Railway) to jointly develop the new town and tourist area of Gaohao Port
.The port covers an area of 64 acres, and the initial plan is to build 2,200 luxury units, 2.2 million square feet of commercial buildings, and a high-end hotel with 300 yacht berths."
Lin Zuhui asked: "Does Canada have any requirements?"
Chen Bin nodded and said, "They want us to set up a real estate company in Canada!"
Lin Zuhui said: "There is no problem with this. I will go to Canada later to finalize this project."
Speaking of which, New Era Group has a listed hotel company in Canada, which mainly owns three- and four-star executive hotels. However, there is no need for this project to be owned by a listed company. The original benefit is only half.
This project was actually introduced by Richman, and Lin Zuhui also felt that it was very worthy of investment. Although the return on investment in Canada is not high, because he is a developer, he can guarantee an annual return rate of at least 15%.
The important thing is that you can also hold commercial buildings and hotels for a long time, which is very good.
In the past few years near Jiuqi, many Chinese have immigrated to Canada, so they don't have to worry about sales.
Chen Bin continued: "There is also progress in a project in Malaysia. There is a commercial area of 86,000 square feet in Johor Bahru (near Singapore). If it is acquired, two 30-story office buildings/four- and five-star hotels can be built.
, and multi-story shopping malls. The total rental area can reach 650,000 square feet, and an investment of 1 billion is expected."
Lin Zuhui frowned slightly and said: "The land area ratio is so low, the investment is not small!"
Chen Bin nodded and said: "The real estate situation in Southeast Asia has been very good in recent years, thanks to the economic downturn in Europe and the United States and the opening-up policy of Southeast Asia."
Lin Zuhui was relieved. The bubble economy in Thailand, Malaysia, and Indonesia was about to start, and it would be very big by 1996. Soros and other European and American international speculators discovered the bubbles in these countries in 1996, and then attacked them.
of.
Of course he has no interest. How much money does Soros make from one sniper attack?
He doesn't like it at all!
He prefers to boil the frog in warm water and take advantage of the general trend to slowly scrape the oil in foreign exchange, gold, and oil.
"Well, we will also do the project in Johor Bahru, Malaysia, and win it as soon as possible!"
"OK!"
Lin Zuhui has already calculated that if he sells the office building part at a high price in early 1996 and only retains the shopping mall and a small number of office buildings, he will definitely make a lot of profits.
Lin Zuhui asked Chen Bin to go home and rest early today and come back to work tomorrow.
New Era Group implements a Sunday holiday, one day off per week, and 12 days of annual leave.
It is definitely not normal to have weekend breaks. We Chinese people should be more diligent. Who knows that we are trying hard to catch up with Europe and the United States!
After Chen Bin left, Lin Zuhui also felt a headache. He wanted to take advantage of the good investment conditions to expand aggressively.
This chapter is not over, please click on the next page to continue reading! But New Era Group needs a lot of money to do it.
The investment in Cohao Port and Johor Bahru City was not that big, so Lin Zuhui easily agreed to invest.
Next year's London Canary Wharf project is estimated to have a total value of 1.5 billion pounds (currently 1 pound is equal to about 1.5 US dollars), which is about 2.25 billion US dollars.
Lin Zuhui plans to take 60% of the equity. After all, the remaining 10% is promised to Richman (which needs to be redeemed with money), which is an investment of tens of billions of Hong Kong dollars.
New Era Group still doesn’t have enough money!
The issuance of 3 billion Hong Kong dollar bonds this year, plus the remaining net profit, is estimated to be more than 6 billion; even if the net profit next year is 14 billion, there will only be 20 billion available for investment.
Next year we will need to issue bonds and rights issues to raise funds, at least HK$5 billion will be raised.
At present, New Era Group no longer needs to invest in foreign exchange, gold, and Hong Kong stocks to obtain non-recurring profits.
He asked New Era Group to invest US$450 million in US stocks, which will yield a return of at least US$9 billion before 2000.
Therefore, other financial investments will no longer involve New Era Group.
Lin Zuhui makes his own money, and can use a small part of it to buy New Era Group's bonds and participate in rights issues.
........
Saturday, Fanling Golf Course.
Four tycoons from Hong Kong and Macau, Lam Cho-fai, Lee Shau-kee, Cheng Yu-tung, and He Hongsheng, made an appointment to play golf together. In fact, in the eyes of the top rich, going to the racecourse is a waste of time, and everyone prefers golf courses.
How much the Hong Kong tycoons love golf. To put it simply, we often make appointments to play golf at the best places overseas, such as the United States and Southeast Asia.
There is quite a lot of entertainment life among the wealthy people in Hong Kong, such as playing cards, horse racing, playing waves... there are quite a lot of stories; in the early years, I and Uncle Tong often played "slanted nail" and "hoe big d" (also called hoe) together.
The rich people of Dadi include the eldest brother Cheng, the fourth brother, Uncle Xuan (Zhou Wenxuan) and others. They have a history of gambling for decades. At first, they liked playing mahjong, but later they found mahjong to be a waste of brains and time, so they switched to playing "big hoe".
d". As for how much a card costs, it is said to be five figures. Uncle Tong's skill at "hoeing a big d" is "mama" (average). The eldest brother Cheng and the fourth brother are victorious generals. But on the golf course, Tong
My uncle is more skilled.
Golf was originally a fashionable thing for foreigners. As the Chinese gained power, the number of Chinese golfers gradually increased. Golfers are either rich or noble. Lam Cho-fai, Cheng Yu-tung, Li Ka-shing, Lee Shau-kee, the late Kwok Tak-sheng, and the upstart businessman Lam Kin-yuk
, Liu Luanxiong, Zhao Shiguang, Rong Zhijian, etc. are all big friends on Tron.
It is easier for everyone to reach a consensus while chatting and talking about things than sitting in the office.
Zheng Yutong said: "We only hold 41% of the shares of Unmac Petroleum Company (costing 70 million Canadian dollars, about 427 million Hong Kong dollars). The holding is still not safe. Next year, we will try to acquire another oil company and merge the two companies.
Come, we will have a greater say."
Four companies jointly made a deal this year, which is to enter the Canadian oil field. This is the case for Hong Kong businessmen. If anyone invests in a certain field in a certain place, everyone may invest in it.
The eldest brother Cheng spent 10 billion to acquire Husky in Canada, and everyone naturally wanted to follow suit. In fact, Hutchison Whampoa is currently losing a lot of money on Husky. The eldest brother Cheng even blamed Ma Shimin for not operating it well (integrating resources).
This is one of the reasons why Ma Shimin will step down next year.
Lin Zuhui holds 15% of the shares in this portfolio and is considered the smallest shareholder. The reason is that he knows that before 1999, there was no breakthrough in the oil field. In 1998, oil fell to a record low of 9 US dollars a barrel. If
If you buy the bottom at that time, you will make a lot of money.
Out of friendship with his friends, he invested a moderate amount, and if this business was a long-term plan, he would not lose money, and the rate of return might be pretty good.
Everyone agreed, saying that they could buy a larger oil company next year, merge the two oil companies, and strive to join the top 20 oil companies in Canada.
Then, everyone curiously asked Lin Zuhui about investing in American commercial real estate.
Lin Zuhui replied: "My company is doing investigation work in this area. Now we have to wait for the collapse of Olympia York, the largest private commercial real estate company, and then we will reach the bottom. Moreover, I heard an inside message that the New York government
We are setting up a special group to sell properties that are mortgaged to banks, and we will definitely be able to pick them up at a cheap price when the time comes.”
Zheng Yutong said with a smile: "Zu Hui's connections in the United States are really powerful!"
Lin Zuhui said politely: "They are all friends I met through early investment. What magical powers are there? In short, it will still be profitable to invest in American commercial real estate next year. Of course, the rate of return in Europe and the United States will not be as high as that, so I still
With Xiangjiang as the center, the second investment direction is the mainland."
Everyone is convinced that in the 1980s, these wealthy people from Hong Kong and Macau invested in Europe and the United States, and the amount was probably close to 60 billion. As a result, no one was satisfied. In the past year, everyone has withdrawn and invested in Hong Kong and the mainland.
Of course, there are also those who are unwilling to give up and plan to share risks. For example, he knows that Zheng Yutong is planning to spend 6 billion Hong Kong dollars to acquire a hotel group in the United States, which can be said to be a big deal.
The Zheng family's investment in hotels is second to none in Xiangjiang, but because of this, it also ranks last among the four major families.