After the Hang Seng Index climbed to 8,100 points, it did not stop, and then broke through to 9,000 points in seven trading days;
Based on the closing price of 9,050 points on October 18, the Hang Seng Index rose sharply by about 22% in less than a month.
The stock market skyrocketed, and soon after, real estate began to flourish again, and the purchasing power of the market gathered. Luxury homes, ordinary residences, office buildings, shops, etc. began to rise one after another.
The harvest season for investors is here!
New Era Group also started buying 1 billion Hong Kong dollars in stocks and futures at 7,500 points as a short- and medium-term investment.
This was not Lin Zuhui’s idea. After all, he had no intention of letting New Era Group continue to make non-recurring profits. This year’s 1.38 billion is too high.
However, large real estate companies have the habit of investing in Xiangjiang Securities, and this time it was Liang Zhenxun, the financial director, who proposed investing in stocks. It is his job to arrange finances rationally. New Era Group has so much cash, and he is optimistic about the Xiangjiang stock market.
It can reach more than 10,000 points, so I invested in buying a lot of stocks and futures contracts.
In this regard, Lin Zuhui was not involved, and Liang Zhenxun made the financial arrangements.
However, Liang Zhenxun's words also reminded Lin Zuhui that the company should not put too much cash in the account, which is not conducive to development; after all, the cash in the account is equivalent to the assets not appreciating.
He called Liang Zhenxun and said: "Arrange to repay the debt of 3 billion and control the debt to 18 billion."
Even if the debt of 3 billion is repaid, the cash flow at the end of the year should be more than 9 billion Hong Kong dollars. Subsequent investments will be considered at the beginning of the year.
Liang Zhenxun immediately said: "Okay, it just so happens that a batch of debts will be due at the end of the year."
Lin Zuhui added: "If General Dynamics' stock rises to $110, we will close our position and continue to buy Microsoft stock."
This is a very powerful investment. In June last year, I bought General Dynamics for US$100 million at an average price of only US$68 per share, totaling 1.47 million shares. In about a year and a half, General Dynamics’ stock price has reached close to 110.
During the period, the total dividend per share was as high as US$52.6, which is equivalent to an increase of US$162.6 per share.
New Era Group received 140% net profit (US$140 million) from this investment.
In fact, all the dividends paid in the previous period were bought into Microsoft, and there was still a good increase.
Liang Zhenxun showed admiration. The boss is really a ‘stock god’ when it comes to stock trading, but Buffett is not that great!
"Okay. As a result, our market value in the U.S. stock market is expected to reach 900 million U.S. dollars by the end of the year. In just over two years, the increase has reached 100%."
Lin Zuhui said calmly: "There is no need to think too much about long-term investment. There is no good place to spend that money. And the U.S. economy has ended its recession this year, and I believe the stock market will also perform well."
Not only is it a good performance, it is simply a bull market!
Since 1994, information technology stocks (Internet) have experienced a six-year bull market (the real explosion should have started in 1996);
From 1995 to 1998, it was the explosive period of Bank of America. The bank index rose by more than 220%, Citi rose five or six times, Wells Fargo rose five times...
Thinking of this, Lin Zuhui has decided to ask Hengjin Investment to invest an additional HK$5 billion in US stocks next year.
"OK!"….
Liang Zhenxun left Lin Zuhui's office with enthusiasm and went to work at New Era Group. He always felt like he was riding a rocket, and the group's assets were rising steadily.
After a while, assistant Li Ke brought Qiu Degen from the Far East Group to Lin Zuhui's office.
The two have been dealing with each other for a long time, and the ATV Group was taken over from others. Of course, in order to get all Qiu Degen's shares, Lin Zuhui secretly asked someone to report him - Far East Bank made false accounts, which resulted in Qiu Degen being
He almost went to jail, but luckily he was resourceful and avoided jail because of his Alzheimer's disease.
However, Qiu Degen also
The Far Eastern Bank was completely lost, making the family bank the property of others.
As for the means used, Lin Zuhui didn't care at all. He believed that he was upholding the fairness of the law.
"Rare visitor, Mr. Qiu!" Lin Zuhui said enthusiastically.
Qiu Degen smiled and responded: "It should be said that Lin Sheng's career is getting bigger and bigger, and the number of times we have met can only be counted!"
"Haha, you always get too many rewards."
After the two parties were polite, they sat on the sofa and drank tea.
Qiu Degen looked at his office, with envy in his eyes. He recalled that back then, the young man in front of him couldn't even touch a second-rate real estate company like Dasheng Real Estate, and he had to be invited to take the lead in sniping others. That's all.
In six or seven years, someone else became the richest man in the world and the chairman of the board of directors of a multinational group.
"Ms. Qiu, how is my office?" Lin Zuhui said with a smile.
Qiu Degen responded: "Lin Sheng sits in the highest office in Hong Kong and manages industries all over the world. This is the White House of business!"
This old man is quite good at complimenting others.
Lin Zuhui said modestly: "That's a big award. I am considered a multinational company here, but at most I am a company that has just started to develop out of Hong Kong."
After another exchange of business gossip, Qiu Degen finally got down to business: "Lin Sheng, I know that you are a powerful influencer in Hong Kong and have great influence in the Hong Kong government, so I came here to ask you to cooperate on a project."
Lin Zuhui said without surprise: "Is it the piece of land in the Lychee Garden?"
Qiu Degen nodded, and then looked at Lin Zuhui with hope.
Qiu Degen is a strong man in the business world who integrates real estate, hotels, finance, entertainment, theaters and other industries. Although he has lost the dominance of Far East Bank, he still has shares after all, not to mention that his securities company is also doing very well.
His subsidiary, Far East Hotels and Entertainment Company, owns a number of properties in Lai Yuen, Kowloon, including Song City and Lai Yuen Amusement Park; part of the amusement park is self-owned land and part is leased government land; in addition, the Qiu family is engaged in amusement parks
There is also a large amount of land outside the park.
This chapter is not over, please click on the next page to continue reading! Liyuan has convenient transportation, beautiful environment, far-sighted and civilized Songcheng and amusement parks, and is adjacent to the mid-to-high-end community Meifu New Village; if it is to develop commercial and residential properties, it has excellent potential.
As early as April 1991, the Qiu family signed a temporary sales and purchase agreement with Lee Shau Kee, the director of the Land Department, to jointly develop the current site of Songcheng and the surrounding 80,000 square feet of land, and develop three commercial and residential properties.
However, at the end of the year, the city planning committee rejected the project because it did not meet the overall scale concept.
Lin Zuhui thought for a moment and said, "Sheng Qiu, it does make me happy that you are looking for me. However, I am afraid that I will not be able to negotiate this project properly."…
Qiu Degen was immediately disappointed and said, "No way. With your connections in various departments of the Hong Kong government, if you can't make it happen, who else can!"
Lin Zuhui immediately introduced: "Of course it is Li Chaoren. As you know, I rejected Governor Peng's kindness last time and did not join his business committee. Although Li Chaoren also refused, he sent his son in after all;
In addition, in the past few years, the legislators on the legislative and executive side have been replaced by Governor Peng, and my relationship is no longer good. Therefore, I still suggest that you try Li Chaoren to avoid wasting time and missing out.
It’s the best time for real estate.”
Qiu Degen could only nod his head and said, "Well, since Lin Sheng is not sure, then I will go find Li Chaoren."
Lin Zuhui politely gave Qiu Degen a lift and expressed his apology again. After all, generally speaking, if you cooperate with the land, you will be looked up to.
The reason why he refused was that he didn't want to get into that kind of trouble. Although if the negotiation was settled, there would be profits of more than one billion yuan; but the government already had plans in Liyuan, and Qiu Degen's land was not connected together, so it could easily be
veto.
But then again, now that real estate is booming, this project can still affect the hearts of many big bosses; if the project is really successful, maybe Lin Zuhui will regret it. Because of this kind of cooperation, you can get good profits without buying land at high prices.
, it is quite cost-effective.
If the project is rejected again, it will not only affect Qiu Degen and Li Chaoren, but also
It will cause "confrontation" between real estate developers and the Hong Kong government.
It turns out that in recent years, property prices have been high, but the Hong Kong government has changed the use of the plans, and the bureaucratic procedures have been slow and dead, which has also caused the land exchange application to be delayed or even rejected.
As a result, real estate developers are actually holding back their energy and complaining about the Hong Kong government. There is only one opportunity left, and the two sides may have to push the ball in the media.
The reason is actually very simple. The supply of houses in Xiangjiang exceeds the demand. If the number of new households per year is 10, then there will only be 6 residential units.
This conflict between the Hong Kong government, citizens, and real estate developers may come to the forefront in the first half of next year.
Lin Zuhui was very worried that he would become the most attractive person among real estate developers, which made him very helpless. Who said he was the largest real estate developer in Hong Kong?
In fact, in terms of real estate development (residential), the annual supply of New Era Real Estate ranks only third.
New Era Group's investment properties (office buildings and shopping malls) are the real giants; coupled with the good development of its comprehensive business, the market value is far ahead of other real estate companies.
Therefore, if Lin Zuhui does not want to be a real estate boss, he should let Li Chaoren take the lead.
After thinking for a while, Lin Zuhui decided to transfer part of New Era Group's funds abroad next year, mainly investing in the U.S. banking industry.
The market size of the U.S. stock market is very large, 16 times that of Hong Kong, almost 5 trillion U.S. dollars, so it is the best place for funds.
In fact, making money is really not a challenge for Lin Zuhui. Any securities investment project will be more profitable than real estate.
For example, Sony's current market value is only over 23 billion U.S. dollars (a Japanese listed company), but Lin Zuhui knows that Sony's market value once reached more than 130 billion U.S. dollars in 2000; the reason for the increase is mainly due to Sony's layout in the entertainment, audio-visual, and game industries. From 1995
Start to explode.
Therefore, this stock will have to buy about 5% next year, and it is simply waiting to make money.
Of course, while investing in these securities, Lin Zuhui still hopes to invest in more industries to control risks.