The day after Lin Zuhui returned to Hong Kong, he came to the New Era Group office.
His business is now distributed more and more globally, and a business trip to a certain country or region will not last more than a week; of course, it is not that he has to deal with these businesses, but Lin Zuhui also has to work and find something to do.
It's like a king inspecting his territory, only in that way can he feel a sense of accomplishment.
"Dong dong"
"Come in"
Liang Zhenxun walked in a little anxiously, and then said: "Boss, gold hit its highest point in recent years yesterday, reaching US$400 per ounce."
In 1995, gold fluctuated within a narrow range of 375 to 390 US dollars most of the time, and the market atmosphere was relatively dull; but on the first trading day of 1996 (January 2), gold appreciated to 390.5 US dollars per ounce, which was higher than the previous year.
It increased by $4.5.
In ten days, gold once again rose to 401 US dollars per ounce, which is very abnormal in itself, because there were no sudden political or economic events, so how could the price of gold rise so fast!
Lin Zuhui calmly motioned for Liang Zhenxun to sit down, and then said: "Have you analyzed the reason?"
Liang Zhenxun said honestly: "It's not clear yet! According to my guess, it should be related to the demand for gold, or American investors have bought in, which has led to the rise in gold."
Lin Zuhui nodded and said: "It may be that U.S. fund investors began to buy gold in large quantities due to the uncertainty in the foreign exchange, bond, and stock markets, pushing gold up. There are many other reasons, but according to the analysis of my advisory team,
Gold should still have some room to rise, possibly topping the 1993 high of $409 an ounce."
The specific analysis can only be analyzed after the fact, but Lin Zuhui's advisory team at least got the news that American fund companies have joined in the action of pushing up gold.
Liang Zhenxun, who had been following Lin Zuhui for a long time, asked tentatively: "The boss wants to short-sell gold futures?"
His idea is that if the increase is only about $10, the boss will never be so serious or even enter the market.
Lin Zuhui smiled and said: "Go ahead, the short selling quota of 10 million U.S. dollars every trading day must be above 401 U.S. dollars, and the total short selling is 100 million U.S. dollars. Assume that after the short selling of 100 million U.S. dollars is completed, the price rises to 410 U.S. dollars per
If the price exceeds an ounce, we will short sell another US$50 million and divide it into five trading days. We will increase the leverage by 20 times and prepare a follow-up margin of no less than US$600 million.”
Liang Zhenxun was shocked. This investment was no longer 500 million Hong Kong dollars, but more than one billion Hong Kong dollars. It was a huge sum.
"Okay, the company is ready to sell short at any time."
After Liang Zhenxun left, Lin Zuhui showed a smile.
This time it is a war between Lin Zuhui and American fund companies. They push it up, but they insist on selling short. In addition to New Era Group's possible investment of 150 million U.S. dollars, Lin Zuhui's personal investment, Hengjin Investment, also invested 200 million U.S. dollars.
, play with everyone.
Of course, he didn't keep a high profile either. He dispersed when he needed to and moved offshore when needed to avoid becoming a target.
In fact, Lin Zuhui invested in foreign exchange, gold, and Hong Kong blue-chip stocks. It is estimated that when the financial crisis hits in July next year, he will only have a cash flow of about HK$40 billion. This is after he already had over HK$10 billion last year.
cash flow.
In addition, Hengjin Investment has a HKD 5 billion investment in banking stocks (purchased in 1994), and it is estimated that it will be able to cash out about 30 billion by early 1998.
The 10 billion investment in information technology and bio-health care (in the first half of 1994) will be cashed out in the second half of 1999. It is expected that more than 100 billion Hong Kong dollars can be cashed out.
Adding in 2% of the stocks of Microsoft, Oracle, Cisco, and 3.2% of Citigroup, it is estimated that if the stocks were cashed out in the late 1990s, it would be about 120 to 150 billion Hong Kong dollars.
Added up, the cash flow is barely 300 billion!
Of course, this does not include investments in family offices, nor does it include stocks of Nike, Starbucks, etc., nor does it include venture capital Internet investments.
Cash out.
If investments from Jingwei Capital, Family Office, etc. are included, he would have had a personal wealth of more than 600 billion in the 1990s.
Of course, this does not include the shares of his companies and property investments.
While he is developing his own wealth, the cash flow of his companies will be well prepared before the Asian financial crisis.
For example, Barings Bank once again made a profit of US$200 million after the delivery of the Nikkei futures index at the end of December last year, making a total profit of US$550 million on the Nikkei futures index. These are all cash flows.
For example, Octopus Bank's cash flow has exceeded 10 billion Hong Kong dollars. It raised funds through listing and has 20 billion cash on its account, not counting the value of fixed assets.
Needless to say, New Era Group, LEIT Group, ATV Group, and Wanhui Media Group, these four major companies will add up to a huge amount of cash by then, hundreds of billions of Hong Kong dollars.
Preparing such a large amount of cash flow will not result in "waste" of funds. For example, New Era Group has invested 10 billion Hong Kong dollars in British Telecom and bank stocks. If it is sold by then, it is estimated to be 20 to 30 billion; this does not include the United States and
Japanese securities investments, because they were cashed out in the late 1990s and early 2000s.
New Era Group will also sell a large number of properties before the financial crisis, and it is estimated that it can cash out more than 20 billion. There is still a year and a half of profit, maybe 40 to 50 billion. Of course, Lin Zuhui will not be soft on the investments that should be made.
To sum up so much, in fact, even Lin Zuhui didn’t know how much wealth he had at the beginning of the millennium?
1 trillion Hong Kong dollars?
Maybe more!
Don't forget it, I don't understand.
.......
At the beginning of the year, good things came one after another. Sitong Company, a subsidiary of Wanhui Media Group, finally developed the automatic transportation fare collection system, smart card system and solutions designed by Lin Zuhui.
This chapter is not finished yet, please click on the next page to continue reading the exciting content! Lin Zuhui came to the R&D room of Stone Company in the Media Building. There are dozens of R&D personnel here, a R&D team with a mix of Chinese and foreign, engineering and science.
After more than a year since its establishment, Sitong Company has completed its tasks, which makes Lin Zuhui very happy; of course, it is also expected that at the beginning of the research and development, Lin Zuhui had already personally planned the system layout, and the Sitong Company team only needed to carry out technical work.
Just research and develop.
To put it simply, the entire system is: a chip is placed in the card. When paying with a smart card, the user only needs to put the smart card close to the reader, and the payment will be automatically deducted. The average transaction time only takes 0.3 seconds. After the transaction is completed, the reader
The card machine will make a "beep" sound, and the display will show the amount deducted and the card balance. Usually when paying preferential fares (such as bus fares for children and senior citizens), the "beep" tone will be higher. And more
A high-pitched, longer "beep" sound means that the transaction cannot be completed, and the red light of the reader will light up. Common reasons are that the card is not aligned with the reader, the balance is less than HKD0, or the balance after the transaction
The amount you owe is more than HKD 35. Since it is a contactless smart card, the reader can sense it even if it is separated by a few centimeters of ordinary materials (such as plastic and leather, etc.), so you only need to pick up your wallet, handbag or even a handle.
Smart card transactions can also be performed by placing the clothes bag close to the reader.
"Boss, let me demonstrate it to you!" Yao Jixian, President of Sitong Company, confidently took out a smart card and put it on the reader. Then he heard a "beep" and the LCD screen immediately showed that there were 98 left.
Yuan.
After a demonstration, Lin Zuhui nodded with satisfaction and said, "It's very efficient. Come with me to Lianjunda Company later!"
Lianjunda Company is a joint company established by the MTR and KCRC in 1994 by inviting Citybus, Kowloon Bus and Yau Ma Tei Ferry; China Bus, which is responsible for the bus lines on Hong Kong Island, refused to join.
The Hong Kong Metro has been using a recycled magnetic plastic card as a ticket since it opened in 1979. Such tickets can be divided into one-way tickets and stored-value tickets. The Kowloon-Canton Railway also began to use this card as a ticket in 1984, and
It is called a universal stored-value ticket. By 1989, Hong Kong's universal stored-value ticket had been extended to the services of Kowloon Bus, Citybus and the MTR and KCRC. It was also applied to some non-transportation services, such as in fast food restaurants or
since
ID camera payment, etc. The subway finally decided to adopt more advanced technology, and in 1993 they announced that they would use a smart card that allows payment without touching the operator.
Therefore, Lianjunda Company came into being.
Of course, such a major reform will also go through a trial and error phase. At present, the Australian ERG Company (the inventor of the previous Octopus system) has not extended its tentacles to Hong Kong.
"Okay, boss, don't worry, I am very confident in our technology and we will definitely win this project in Xiangjiang."
Lin Zuhui said with satisfaction: "I also have confidence in you! By the way, the team will continue to strengthen or improve the automatic transportation fare collection system, smart card system and solutions. Technology needs to change with each passing day and never stop. For example, smart cards can still be used in the future
It extends to supermarkets, parking lots, restaurants, etc. This is a very big system. I hope you can calm down and move on."
"Yes, boss!" the engineers said in passionate tones.
Who is Lin Zuhui? He is a new technology tycoon and everyone’s idol.
Who dares to say that he does not understand technology?
How can one invest in so many technology projects and achieve success without knowing technology?
.......
The results of Sitong Company were quickly accepted for experimental operation by the MTR, KCRC and the Lianjunda Company led by them. After all, it is a technology company in Hong Kong, and with Lin Zuhui’s face, it is no problem to use it as an experimental operation. If the effect is very good
OK, I will purchase the smart card system from Sitong Company.
Of course, the experimental operation of the entire system may last for a long time before the final decision is made on whether to purchase this system.
During this period, Sitong Company also invited China and Pakistan to join the experiment. Unexpectedly, China and Pakistan directly rejected it, which made Lin Zuhui angry. Sitong Company is a subsidiary of his group, and China and Pakistan refused to look at the face of the monk.
, obviously slapping Lin Zuhui in the face.
What's more, this is a thing that is beneficial to Hong Kong and promotes the development of the city.
CMB’s long-term services and operations have been criticized by Xiangjiang citizens. According to history, CMB lost its franchise directly in 1998 and was won by New World. After the millennium, Xu Zhantang’s financial crisis will also
Its subsidiary Citybus was sold to New World.
Therefore, the New World in the previous life also controlled "New World First Bus", one of the bus groups in Hong Kong.
How do the rich in Hong Kong get rich?
The answer is only two words - monopoly.
Real estate, retail, electricity, transportation, energy, media and communications, etc., are all monopolized by several major consortiums.
These consortiums are all old consortiums that started to become prosperous in the 1950s and 1960s. Generally speaking, there will be no new chaebols.
With the appearance of Lin Zuhui, this curse was broken, and only Lin Zuhui could break it.
Including Liu Luanxiong in his previous life, he was not a prominent plutocrat in Hong Kong at all. At that time, there were too many people in Hong Kong who were richer than him, but they had just separated and hidden their wealth. To put it bluntly, Liu Luanxiong was not even ranked in the top 20 in his previous life.
Advance (200 billion Hong Kong dollars).
In the office, Lin Zuhui was thinking about whether to directly acquire the Yan family's CMB.
CMB obtained the Hong Kong Island bus franchise in 1933. The founder was Yan Shikun, a Chaozhou boss. However, Yan Shikun was already over 90 years old at this time. Although he still served as the chairman of the board of directors of CMB, he was actually no longer able to manage the company; therefore,
CMB is managed by his two sons and one daughter.
CMB originally had 100 bus lines and 1,000 buses in its heyday. It was called the bus kingdom. It also owned a large number of depots and parking lots. Therefore, in the 1980s, it suffered a hostile takeover by Bailibo, and the Yan family united
Xinchang Real Estate finally defeated Bailibao, but it also lost a lot of money. On the other hand, Bailibao made a lot of profits.
This chapter is not over yet, please click on the next page to continue reading! Since the 1990s, CMB has been criticized by the public for reasons such as bus delays and off-duty services, as well as the aging and dilapidated fleet and poor hygiene in the bus compartments. As a result, CMB has lost 40
Line bus lines.
Even so, the Yan family still has no intention of running the bus business and focuses on CMB’s real estate business, converting its land into development rights; CMB
It has become a real estate company.
Many public opinions blame the governance problems of CMB on the family-style management of CMB by Yan Chengkun and his children, believing that they have a conservative style, resist change, and fail to keep up with the times. Some Transport Department officials once privately criticized,
CMB governance is like an old family business with no future in sight; the elected member of the Legislative Council, Lau Chin-shek, even criticized CMB’s headquarters in North Point for falling into disrepair. The interior seemed to go back in time to the 1950s, questioning Yan Chengkun and CMB.
The Pakistani management lacks the concept of modern bus operations.
The more Lin Zuhui thought about it, the more he couldn't bear it. Although he didn't want to attract "notoriety" anymore, the Gan family was so disgraceful to him, and the Gan family's CMB had such a bad reputation in the hearts of the people and the Hong Kong government.
The combination of these factors made him decide to acquire China-Brazil Company.
The market value of CMB is only about 3 billion, and the Yan family’s shareholding is only 30~35%, which is not at the same level as New Era Group.
Moreover, if the acquisition of CMB is successful, Lin Zuhui may be able to monopolize the transportation in Hong Kong.
Thinking of this, Lin Zuhui called Yao Jixian and asked him to visit China and Brazil in his own name and invite them to join the Octopus smart card experiment.
Be polite first and then fight!
With Lin Zuhui's current status, he is more or less a bully. Although the Yan family is unpopular, Yan Chengkun is also a Chaozhou veteran, so he should give him some face.
Moreover, the acquisition of CMB also requires "art" to avoid being said that he only "uses financial power to oppress others."
This time, try to play a trick!
........
Yan Chengkun has one daughter and two sons. The eldest daughter, Yan Jieling, is currently the vice chairman and executive director of CMB, and is considered the actual manager; her two younger brothers, Yan Jiaqiang and Yan Henry, are also senior executives of CMB.
Yao Jixian of Sitong Company is just a technical talent. This time, he was chased by Lin Zuhui and came to China-Brazil Company. He first introduced the functions of Octopus smart card and expressed the hope that China-Brazil would join Lianjunda Company.
Yan Jieling, Yan Jieqiang, and Yan Henry were a little unhappy. They had all clearly refused to join this Lianjunda company, and the president of this crappy company even came to sell them door-to-door.
You know, this is their father's idea. Although the old man can no longer work normally, he sometimes calls the company to inquire about the situation.
"Manager Yao, our CMB will not join Lianjunda Company, let alone use Octopus smart cards. After all, who knows whether the funds are safe or not!"
Yao Jixian blushed slightly. He was an engineering man and was really not suitable for business discussions. Fortunately, he remembered what his boss had told him and he was not so embarrassed.
"Actually, my boss hopes that China and Brazil will join in to promote the modernization of transportation in Hong Kong."
The faces of the three Yan siblings suddenly changed slightly, and Yan Jieling couldn't help but ask: "Lin Sheng is also paying attention to this?"
Yao Jixian had the aura of pretending to be powerful, but he was not in such a tight situation after all. He said calmly: "This is part of Xiangjiang's science and technology industry. Although my boss's business is large, everything about the technology industry is meticulous and he personally handles it."
The three Yan Jieling siblings looked at each other, and soon they understood the meaning in each other's eyes.
"I'm still sorry. To be honest, our chairman was firmly opposed to joining Lianjunda Company at the beginning. Now that he is old, we don't want to annoy him over this matter."
"Okay, excuse me!"
Yao Jixian decisively retreated, leaving the three Yan siblings in a daze. How could they be so easily dismissed?
The three siblings are indeed afraid of the old man. The Yan family's ancient family style is very strong. The old man has never died and he is absolutely hegemonic. As for offending Lin Zuhui, the three of them think it is nothing. After all, it is a trivial matter.
Besides, if China and Brazil don’t join, it has nothing to do with Lin Zuhui, so we can’t force them to join!