When the news that Octopus Bank acquired Barings Bank, an old British bank, reached Hong Kong, public opinion exploded instantly. The media used words such as "world-class businessman" and "light of the Chinese" to praise Lin Zuhui.
In the past, everyone had only heard that foreign banks were acquiring Chinese banks one after another, and Hong Kong’s local Chinese banks were almost wiped out. Unexpectedly, with Lin Zuhui’s entry into the banking industry, not only did a large local Chinese-owned enterprise develop in Hong Kong, but now more
It was an expedition to England to capture old and well-known banks such as Barings Bank.
For a time, the citizens of Xiangjiang and even the entire Chinese community regarded Lin Zuhui as an idol. Various beautified books began to be sold in the Chinese community through unauthorized pirated copies, spreading the glory of Lin Zuhui to the entire Chinese community.
Lin Zuhui himself had heard about it, but he was unable to stop these pirated books, some of which were even mainly sold in the mainland. I recalled that at that time, I also read the "Biography of Superman Li" with gusto, and vowed to become a millionaire.
In fact? Reading those books does not help your life at all, it just arouses temporary enthusiasm.
The important thing is, how high you praise it now will be how hard you fall down in the future.
Fortunately, Lin Zuhui doesn't care!
At the end of March, the Nikkei futures index was delivered, and Octopus Bank and New Era Group won a big victory.
The Nikkei Index closed at 16,460 points on the delivery day. Octopus Bank profited four times, earning a net profit of just over 6 billion, which was less than expected. This was mainly because the delivery day was approaching and bulls were pulling up. The acquisition of Barings Bank paid
10.3 billion Hong Kong dollars, which is equivalent to 4.3 billion Hong Kong dollars that Octopus Bank needs to make up.
Although Barings Bank is currently under the umbrella of Octopus Bank, if Octopus Bank is listed, Barings Bank will be transferred to Octopus Finance and will not be listed.
In this way, Octopus Financial Group has integrated commercial banks, investment banks, securities, and insurance into a four-in-one large financial institution.
Lin Zuhui’s own group companies now include: New Era Group, Octopus Financial Group, LEIT Group, ATV Group, Wanhui Media Group, Xiaomi Technology; and three private investment companies: Lin Zuhui Family Office, Hengjin Investment, and Matrix Partners.
It's a bit complicated. No wonder some people say that Lin Zuhui's career is scattered and his energy may not be enough.
However, Lin Zuhui's strategy of "grasping the big and letting go" is something that no entrepreneur in the world can learn from.
To 'grasp the big and let go of the small', you must first grasp the 'big'. Entrepreneurs are not gods, and there are times when investment mistakes are made in the general direction. For example, when Li Chaoren invested heavily in Europe and the United States in the late 1980s, the rate of return was very low, and he eventually withdrew.
After leaving some of them, they returned to Xiangjiang and the mainland.
But Lin Zuhui has a golden finger, so he doesn't have to worry about making mistakes in the "general direction", so so many companies are developing very well now. What's more, Lin Zuhui is extremely talented, has a super brain, and can do a lot of work in details. For example
He works in real estate and is familiar with all aspects of real estate. He has a very clear understanding of the latest building materials, structures, and designs.
Thursday, March 30th.
In the afternoon, Chen Bin came to Lin Zuhui's office.
"Boss, the official land auction for the fiscal year 1994 to 1995 in Xiangjiang officially ended today. The government's land sales revenue was 16.1 billion, and our company's total contribution was 3.25 billion."
Hearing this, Lin Zuhui was very satisfied with the result. It was neither exaggerated nor too small. The important thing is that New Era Group has completed the big project of 'Cyber City' and should be able to make some money. Even when the financial crisis comes, there will be
If the real estate company hopes to withdraw, it will definitely be able to take it back a little bit by then.
He said to Chen Bin: "The property market transactions this year have been extremely cold, but the decline is not too big. What do you think?"
This test tests his subordinates' general outlook. After all, he is also the president of New Era Group.
Chen Bin said seriously: "Many people follow the British in badmouthing Hong Kong. British capital is also selling properties in Hong Kong. In addition, the Hong Kong government cracked down on the property market last year. It is natural for the property market to adjust. However, the situation of supply exceeding demand has not changed. Hong Kong
The general direction of the property market has not changed, so in the second half or the end of this year, I think it will return to the upward track."
Lin Zuhui nodded. Chen Bin's analysis was correct. Of course, he was not expected to predict what would happen next for Jiu Qi. After all, the real estate market bubble had not yet been born.
In the previous life, from the fourth quarter of 1995 to the first half of 1997, the Hong Kong property market could be described as crazy, with an increase of about 100%. Taking Hong Kong Island residential buildings as an example, after a current decline of about 20%, the price is about 5,000 yuan per square foot.
But in the first half of the year, the price will be as high as 10,000 yuan per square foot.
Crazy!
However, it is now difficult for Lin Zuhui and his companies to speculate in real estate, otherwise they will easily be criticized.
Of course, New Era Group will definitely sell a large number of properties in the first half of 1997 to ensure sufficient cash flow, including some small buildings, which may be sold at high prices, as long as the prices are ideal.
It is not convenient for Lin Zuhui and his companies to speculate in real estate, but his concubines will not let go of this opportunity. At this time, they have already taken advantage of the low prices in Hong Kong to absorb luxury properties, office buildings, shops and other properties, and their funds are not small.
"Well, the analysis makes sense. So there are redevelopment properties for sale in Xiangjiang, and we can also buy them as reserve land."
"Okay, I know!"
As long as you don't buy in 1996 to 1997, it will be a good deal. Taking advantage of the downturn in the market is a good time to buy. Otherwise, how could the four major real estate developers monopolize the real estate in Xiangjiang?
After a while, Liang Zhenxun also came in and reported on his work.
"Boss, all the tens of billions of funds invested in London stocks have been bought."
Lin Zuhui said calmly: "Okay, it's a long-term investment project. After buying it, you just need to monitor the situation."
Liang Zhenxun nodded. He knew that his boss rarely speculated in the short-term. After all, he didn't trust the capabilities of the securities department, and he didn't have the energy to take care of it.
This chapter is not over yet, please click on the next page to continue reading! Then, he reported: "The total profit from short selling the Nikkei was 2.2 billion Hong Kong dollars, and the funds withdrawn were 2.7 billion Hong Kong dollars."
Lin Zuhui showed a faint smile and said: "It's not bad. Next year's financial report will continue to be outstanding."
Although real estate is sluggish, if more promotional advertising is done, it is possible to stand out from the major real estate developers. Not to mention the growth of local real estate performance, it can at least be tied with last year.
Liang Zhenxun said with a smile: "The foreign exchange book profit has exceeded 1.6 billion. This year, under the command of the boss, the company has made a large amount of non-recurring profits. Shareholders are laughing."
Lin Zuhui said: "Shareholders trust us, so we naturally want to make profits for them."
The two chatted for a few more words, and then Liang Zhenxun left.
Lin Zuhui suddenly started thinking!
If there is any high-leverage product investment that has the greatest certainty, it is undoubtedly the foreign exchange of the US dollar and the yen. He knows for sure that the lowest this year will fall to 80 points, and it is only 88 points now.
Once it falls to about 80 points, Lin Zuhui is also very clear about the subsequent trend. The US dollar will start strong, laying the foundation for harvesting Asia.
Therefore, once it falls to 80 points, it is the time to start buying long. In this case, Wall Street, together, cannot be Lin Zuhui's opponent. Even if they can get the US dollar and yen to 70 points, 60 points
, with Lin Zuhui’s wealth, he can defeat them all.
Because of this, Lin Zuhui is now invincible, and even unplugging the network cable has no effect.
In the past, he thought about not speculating in highly leveraged financial products, but later he discovered that he was "sick in the brain." Such a small amount of money began to swell, and his mentality simply did not change.
Although he had a lot of money, he had to start having a lot of cash flow in the second half of 1999, and when the Asian financial crisis hit, he didn't have much cash flow.
Therefore, he wants to make more money and try to survive the Asian financial crisis.
Then again, when Soros and other international financial gangsters targeted Hong Kong, Lin Zuhui said that he would not participate too much.
First of all, with the participation of the Hong Kong Monetary Authority and Mainland Foreign Exchange, in the face of hundreds of billions of dollars, Lin Zuhui's strength is only a drop in the bucket;
Secondly, he himself is selling high and buying low, and it is right not to change history.
In the end, Hong Kong needs a crisis and then rebirth. Its "cultural establishment" and "technological establishment" are the only way out.
Lin Zuhui knew that Xiangjiang had "won" in this battle and was not as embarrassed as Thailand, Indonesia, etc., so he would not interfere forcefully.
Moreover, after the stock market and real estate plummeted, if Lin Zuhui came out again, he could win over the public's support in the name of "rescuing the market". This would be the best "Oscar"; in the previous life, pension funds were used to rescue the market, wasn't this the same routine, the government would take
Will the pension give you leeks to fill the hole? I want to eat it!
Therefore, all the major companies under Lin Zuhui will ensure sufficient cash flow before the financial crisis; and the same will be true for him. By then, he will have a lot of bullets to harvest all of Asia.
On Saturday, Lam Cho-fai and Lee Shau-kee made an appointment to come to Fanling Golf Club.
The two of them were playing golf. Lin Zuhui gave Lee Shau Kee two to three strokes on each hole (and three strokes later), and the price of each stroke was HK$100,000. After three rounds, it might be worth several million.
Because of the large handicap, Lin Zuhui is not guaranteed to win, but at least he loses less and wins more. If he doesn't handicap, few people in Xiangjiang will be his opponents, and everyone will avoid him and stop playing.
Of course, for such a multi-million game, even the most unlucky rich man will only get tens of millions a year, so no one takes it to heart. After all, fun and the effects of connections cannot be bought with tens of millions.
.
"Uncle Fourth, you are in good physical condition today!" Lin Zuhui said with a smile when he saw Lee Shau Kee swinging a big shot.
"Yes, I feel very good recently, maybe it's because of the good weather!" Lee Shau Kee said proudly.
There is hope of winning this hole. There are 18 holes in Fanling Golf Course. Winning a hole means winning at least one stroke, or even two strokes. In one round, the outcome can be determined by dozens of strokes.
Recently, even Lee Shau Kee lost 14 million Hong Kong dollars (100,000 per hole) in a golf match, which almost caused a public opinion war in Hong Kong. Fortunately, the richest people are relatively tight-lipped about gambling, but Zheng Yutong accidentally revealed some information, so
The media in Hong Kong were in an uproar.
Both Zheng Yutong and He Dwang are the kind of people who can easily open up situations in front of the media, so they are deeply loved by the media.
"Hong Kong is better. There are only a few days of winter all year round!" Lin Zuhui sighed.
Although he is in good health and not very afraid of the cold, he still doesn't like winter.
Lee Shau Kee smiled and said: "I see that you are always abroad recently, and I thought your focus has shifted overseas!"
Although it was a joke, Lin Zuhui still said seriously: "Hong Kong is the foundation. Even if we make 10 billion US dollars overseas, we will eventually get back Hong Kong."
Li Zhaoji was heartbroken. To be honest, if there are four major families in Hong Kong, then there must be no Lin Zuhui family; because the other four major families are not qualified enough to be on par with the strength of the Lin Zuhui family. Therefore, the Lin Zuhui family is now a super family, truly
of chaebol.
Logically speaking, having such a family in Hong Kong, Lee Shau-kee believes that it has a great influence on the development of his family, at least in real estate. At present, the business of Lee Shau-kee's family is mainly in the two major companies of Henderson Land and China Gas.
Of course, Lee Shau Kee's family holds a relatively high shareholding in Henderson, reaching 60%, and also has a private real estate company, so his annual dividends are second only to Lin Zuhui.
If you can't beat them, just join. This is Lee Shau Kee's idea.
Therefore, Lee Shau Kee generously asked: "In the second half of this year, the bidding for the properties above the stations along the Airport Railway may begin. Is New Era Group bound to win the Airport Railway terminal?"
Lam Cho-fai did not answer and asked instead: "My fourth uncle didn't take care of his friends and descendants, so he joined forces with Sun Hung Kai?"
This chapter is not finished yet, please click on the next page to continue reading the exciting content! Hearing this, Lee Shau Kee said with a smile: "What's the use of joining forces? Can we have more money than you?"
In March, the annual financial reports of Lin Zuhui's listed groups were released, which shocked the whole of Hong Kong and even spread overseas. The four major listed groups made a total net profit of 27.5 billion Hong Kong dollars. Converted into US dollars, that is 3.5 billion US dollars.
The net profits of the four major listed groups have surpassed those of HSBC Group and Cheung Kong Group, becoming a veritable chaebol in Hong Kong.
Lin Zuhui then said: "Then let's form a team. To be honest, I am interested in Central Station. According to my guess, Land should return to Hong Kong to defend their position in Central."
Lee Shau Kee said with a smile: "You already have a little less rental property than Land in Central. If you win the bid this time, you will get a lot less land than Land."
Lin Zuhui smiled. He really didn't care about all his opponents. He said so arrogantly that he could point at a group of consortiums in Xiangjiang and say: "You are all 'windy', we can join together!"
"In Central Station, New Era Group wants to take 60% of the equity. If my fourth uncle joins, he can take 30% and keep the remaining 10%. Other institutions may come to me, such as Bank of China."
Although Lee Shau Kee only allocated 30%, he didn't care at all and immediately agreed happily.
As for Zheng Yutong, Lin Zuhui knew that he would not be interested. After all, Central had to pay the highest price, and he did not like the highest price.
This kind of character also caused Zheng Yutong to have the best background among the four major real estate developers, but the development of New World was the worst. If it were not for Chow Tai Fook Jewelry, he would not live up to his reputation among the four major families.
For example, this year, the real estate industry is in a downturn. Cheung Kong, Henderson, New Era, and Sun Hung Kai are all offering price cuts and promotions, but New World is keeping its activities small, so sales will naturally be poor.
Poor sales means slow return of funds, so how to buy land and hunt for bargains?
Therefore, Zheng Yutong’s temper is: neither to support the price nor to support the bad market.
Then, Lin Zuhui said: "Uncle Fourth, chairman of the board of directors of Miramar, I would like to ask you to be the general manager. The general manager will be dispatched by our company."
Yang Bingzheng died of a heart attack in early March, so Miramar Hotel Group can now change its administration.
Lee Shau Kee thought for a moment and then nodded!
He knows that the chairman of the board of directors has more symbolic meaning than practical significance. At present, the assets of New Era Group's hotel field have been reorganized, and the new Langham Hotel Group has been born. Anyone with a discerning eye can see that New Era Group will vigorously develop the hotel industry. , is already undergoing vigorous development.
Zheng Yutong's New World Hotel Group is vulnerable to Langham Hotel Group, so to speak.
At this time, the Miramar Hotel Group has developed more than a dozen three- and four-star Miramar hotels in the mainland, plus 1.8 million square feet of first-class commercial buildings in Kowloon, which are also valuable.
Langham Hospitality Group's shareholding of only 34.5% is obviously not good. Lin Zuhui plans to privatize it with Lee Shau Kee during the Asian financial crisis.