At the beginning of late September, Lin Zuhui came to Singapore. He inspected the Singapore trading department of Barings Bank. He was also accompanied by the president of Octopus Bank, Stanley Ho, and the president of Barings Bank, Andre.
Since the acquisition of Barings Bank by Octopus Bank in February, its business has begun to develop smoothly in Asia. After all, Octopus Financial Group is the local leader. At the same time, Octopus Bank's business has also begun to develop towards Europe and the United States, with Barings Bank as the leader.
Generally speaking, the current financial strength of the Lin family cannot be underestimated.
The small Singapore trading department brought together so many big guys, and the manager Peter was very encouraged and worked tirelessly to introduce the situation to Lin Zuhui and others.
The main business of Barings Bank is investment banking, and the futures trading department is generally the department that accepts commissioned futures transactions. Of course, its own funds are also used for futures through this department.
"Well, the management system has learned the lessons of the 'Lesson Incident'. The current reform of Barings Bank is successful, and I am very satisfied."
Andre was immediately very happy. In the past six months, Barings Bank has been summarizing lessons, formulating new management systems, and not forgetting to develop the company's business. After all, his position as president is not yet secure, and now the group company and the boss are both
With a positive opinion, it is obviously a preliminary pass.
After everyone inspected it, they returned to the conference room.
Andre said to Peter: "The headquarters of Barings Bank will transfer another 10 million US dollars to the Singapore Trading Department every trading day. You need to continue to buy the December Nikkei 225 futures index. This time the investment is expected to be 100 million US dollars."
Pete's spirit was shaken, and he thought he had a big job to do again!
After Barings delivered the Nikkei futures at the end of June, it did not continue to do so; but Peter knew that its parent company, Octopus Bank, bought a large number of Nikkei futures. At present, it seems that the profit is far greater than that of Barings' short selling of the Nikkei futures in the first half of the year.
Earned 350 million US dollars, which is much more.
Because the Nikkei Index has risen from below 15,000 points in June to around 18,000 points now. Calculated based on 25 times leverage, it is a five times profit.
Peter's guess was right. Octopus Bank's current book profit is US$800 million, which is more than HK$6 billion.
"Okay, I'll make arrangements right away, and the buying system will be strictly implemented."
After Peter left, only the senior executives of Octopus Bank and Barings Bank were left in the conference room, and everyone had exchanges.
During the period, Lin Zuhui asked: "Do you think Octopus Bank is considering going public? You can speak freely. I will listen to everyone's opinions."
Ho Chang Hong first said: "It depends on the boss's thoughts. If you want Octopus Bank to develop hard, going public is not a good option. Of course, Bahrain Bank can be transferred to Octopus Financial Group, and there is no need to use it as a listed asset. After all, this bank has 233
It has not been listed in the past years, and there is no need to list it now.”
Andre also said: "Bahrain Bank's popularity and brand are already there, but boss, you often invest your own funds in financial projects. Once it is listed, it is obviously not in your interest. After all, once it is listed, it is essentially a public company.
.”
Everyone spoke freely, and Lin Zuhui soon understood.
Octopus Bank still needs to be listed. After all, Lin Zuhui also wants it to develop into a global bank and a large bank based in Asia; at least, that is his idea, whether it can be achieved is another matter.
"Okay, I will find the right opportunity to list Octopus Bank in Hong Kong, and then hand over part of the issuance business to Bahrain Bank."
Next.
Stanley Ho asked: "The Japanese menstrual index futures will be delivered at the end of September soon. If Octopus Bank makes a profit of US$800 million, does the boss need to withdraw it?"
At the end of last year, Octopus Bank had flattened its historical losses, and its net assets were as high as more than 6 billion Hong Kong dollars. This year, Bahrain Bank injected 10.4 billion Hong Kong dollars in capital. It made over 6 billion by short selling Nikkei in the early stage, and it may earn another 60 billion this time.
More than 2 billion means there are still more than 2 billion left.
Not only that, Octopus Bank's banking business net profit this year will also reach more than HK$2.5 billion, which is equivalent to Octopus Bank's net assets reaching more than 11 billion and cash flow of 5 billion by the end of the year.
Octopus Bank's deposits have also increased, reaching a current level of 120 billion, and it has lent almost more than 40 billion Hong Kong dollars.
Even if Lin Zuhui withdraws HK$5 billion, Octopus Bank's business will not be affected at all.
"No! Even before it goes public, I won't withdraw the cash."
Everyone couldn't help but marvel at Lin Zuhui's strong financial resources. This year's Nikkei futures alone, Octopus Bank and Barings Bank have made a huge profit of HK$15 billion. His reputation as a stock god is worthy of his name.
Everyone has also seen Lin Zuhui's ambition. Whether it is Barings Bank or Octopus Bank, there is a lot of cash flow in the account, but the boss does not care at all.
In Lin Zuhui's view, once the Asian financial crisis breaks out, he will have tens of billions of cash flows personally, plus the cash flow on the accounts of all his companies, it will be more than 100 billion. This does not include the cash flow after the financial crisis.
, the value of stocks that can be cashed out in Europe and the United States.
At that time, all the funds will be poured out to buy the bottom of the industry in various Asian countries.
This meeting lasted for a long time, with most of the exchanges between senior executives of the two banks, while Lin Zuhui listened and rarely expressed opinions.
After staying in Singapore for four days, besides working, Lin Zuhui was sowing seeds in the three beauties of Sing Tao. Since he wanted to develop a family branch in Singapore, he naturally needed to have many children.
The three girls enjoy their current life and have never caused any trouble for him. Instead, they try their best to serve Lin Zuhui every time and let him enjoy the treatment of an emperor. Especially the three girls are quite large and can enjoy things that other women have never had.
pleasure.
Lin Zuhui did not treat them badly and gave them a large amount of funds every year to purchase assets.
End of September.
When the Nikkei futures index was delivered, Octopus Bank made a huge profit of US$820 million. This year (1995), Octopus Bank has already earned US$1.6 billion; after taking over, Barings Bank also earned US$350 million, all on the Nikkei futures index.
The profit is equivalent to a profit of nearly 2 billion US dollars. After all, New Era Group has also made hundreds of millions of US dollars.
This chapter is not over yet, please click on the next page to continue reading! The fundamental reason for making such a huge profit is because Lin Zuhui remembers the Hanshin earthquake and the related impact of the Nikkei Index. First of all, he knew about the Hanshin earthquake in January, so he started working in December last year
Short-selling the Nikkei; secondly, he knew that the Hanshin earthquake caused the Nikkei index to plummet by about 5,000 points, so he started buying below 15,000. As soon as he sold and bought, he made a lot of profits.
The current Nikkei index is around 18,200 points, but Lin Zuhui knows that there is still a final wave of bubbles in Asia; therefore, he predicts that the Nikkei index will show an upward trend until the first half of 1996, so he asked Bahrain Bank to buy 12
Next year, I will continue to buy March, April, May, and June futures index futures.
He also adjusted his investment plan, which is to invest 100 million US dollars in each delivery month. However, if there is a risk of liquidation, he can only cover the position once to avoid giving up all the profits.
He cannot guarantee that he will make money every time, but the general direction is right, so the winning rate is very high.
As for why he didn't buy Singapore Index futures, the reason is actually very simple, because Singapore's Lee Family will "government interfere" in the capital market, which determines that he cannot buy futures. And once the signal of Lee Family's interference in the real estate market appears, Lin Zuhui also
If you can find a business opportunity, that is short selling Singapore Index futures.
Not surprisingly, Lijia has realized the existence of Singapore's real estate bubble. Once they announce Singapore's real estate cooling measures, Lin Zuhui will immediately ask Singapore's Sammy to short-sell the new index futures and make hundreds of millions.
As the Asian financial crisis approaches, Lin Zuhui has been reviewing the financial situation in Asia in his mind, and he can make a little bit. Of course, his profits are very secretive, such as shorting the new index futures, which he did through Sing Tao San
It is carried out by Midea Investment Company, and the amount will not be particularly large. This means that it is just a normal financial investment, not speculation.
At the same time, Lin Zuhui has begun to let each of his companies set up offices and branches in various Asian countries to pay attention to local conditions. When the time is right, he will enter these places to hunt for bargains.
Buying the bottom represents "rescuing the market," so he will become a guest of various countries. After all, after the financial crisis broke out, these countries and regions were very eager for the entry of foreign capital.
As time entered the fourth quarter of 1995, Xiangjiang's real estate began to recover (transaction volume), and a new wave of gains was ready to take off.
This round of real estate downturn started in the second quarter of 1994. The reason is that the Hong Kong government implemented a series of "real estate cooling" measures due to public opinion. This cooling measure is indeed effective. I don't think that in the previous life, the cooling measures actually affected the real estate industry in a certain place.
Real estate is heating up.
The reason why this round of real estate has come out of the downturn is that Xiangjiang's economy itself has not had any problems, but has been rising every year. Therefore, after the real estate adjustment, it will soon usher in a new round of surge. In particular, Huaying's airport negotiations are already 'almost'
, coupled with the fact that the Tsing Yi Station of the Airport Railway was acquired by a consortium formed by Cheung Kong Holdings, Hutchison Whampoa, and CEFC for HK$4.3 billion in late September, and the citizens of Hong Kong have become accustomed to the constant quarrels between the Chinese and British sides, anyway -
—You are arguing about yours, and we are roasting ours.
Xiangjiang has always had the phenomenon of "stocks pulling up and pulling down the ground", but after the Hong Kong stock market fell to more than 6,900 points at the beginning of the year, it has now risen to 9,750 points; therefore, the "stock pullup" phenomenon has already appeared, and the next step is "the ground pulling" to the sky.
This round of real estate fell by 20%. None of Lin Zuhui's companies participated in "buying the dip", that is, they did not engage in "property speculation." Except for New Era Group's intensified "land reserve" activities, the rest did not speculate on properties.
On the contrary, New Era Group sold about 6,000 residential units in the past year and a half during the real estate downturn (with promotional activities and packaging and publicity in place). After all, even if the price drops from 5,500 yuan per square foot to 4,500 yuan per square foot, New Era Group will