Chapter 645 [A few families are happy and many families are sad]
Central, Octopus Bank Building.
Although this building with an area of more than 300,000 square feet is called the Octopus Bank Building, it is the headquarters of the Octopus Financial Group. The Octopus Financial Group has four major subsidiaries: Octopus Bank (commercial bank), Barings Bank (investment bank),
Octopus Securities, Octopus Insurance.
Octopus Bank and Bahrain Bank are both large enterprises with assets of tens of billions. Even Octopus Securities, after annexing Sun Hung Kai Securities, is also the leading securities company in Hong Kong. Only Octopus Insurance, with a scale of only one billion Hong Kong dollars, is not considered a large enterprise.
Sitting in the spacious office, Lin Zuhui received Andre, President of Barings Bank, who went to the headquarters of Octopus Financial Group to report on his work.
Barings Bank's global headquarters is in London and its Asian headquarters is in Hong Kong. Andre is usually based in London, but often comes to Hong Kong to report and work. In fact, he travels around the world.
"Boss, the current liquidity in Bahrain Bank's account has exceeded 1.1 billion US dollars. The company's business is progressing very smoothly, and the mainland market has also opened up!" Andre said respectfully.
Barings Bank is what it is today, thanks to the guidance of its boss. Even without the $700 million earned from speculating on the Nikkei, Barings Bank has made a net profit of more than $200 million for two consecutive years. It can be said that it is much more prosperous than before the boss took over.
In fact, the reason is very simple. Lin Zuhui will not care about the specific operating conditions of Bahrain Bank (it is supervised by the financial group). However, Lin Zuhui will review Bahrain Bank’s investment plans and note his own opinions on some plans. And his opinions are
Combining the elements of financial trends, Bahrain Bank's analysts combined these elements, and Bahrain Bank's investment will be much smoother.
Lin Zuhui nodded and said: "Financial stability is very important. We must always learn from the lessons of the 'Lesson Incident', otherwise no matter how much money we have, it will not be enough for the 'gamblers' to waste."
It’s unfair to think about it. A 233-year-old bank was tricked into bankruptcy by a trader!
This is why when Lin Zuhui selected the president of Barings Bank, he considered Andre, who is a legal professional, rather than an executive with a financial major.
Andre nodded seriously and said: "Currently, the various systems of Barings Bank are on the right track, and that situation will never happen again. Boss, please rest assured."
Lin Zuhui said with satisfaction: "Well, the headquarters has given you good reviews!"
As soon as the conversation changed, Lin Zuhui immediately said: "Bahrain Bank is going to do that big project, you have to personally check it for me!"
Andre was overjoyed. His boss was known as the 'God of Stocks' and the 'God of Finance'. He had been the richest man in the world for many years at a young age, and half of the credit was due to his financial strength.
Therefore, he said calmly: "Boss, please tell me, I will complete the task successfully!"
Lin Zuhui nodded and said directly: "International capital has attacked Thailand many times this year, you know that, right?"
Andri nodded and said: "I know, it is the national speculators led by Quantum Fund. The Thai government has intervened many times, but it seems that the Thai baht cannot hold on!"
Lin Zuhui said: "Not only Thailand cannot hold on, but the entire Asia will become a sniper field for international capital. An Asian financial crisis is already brewing! The Asian economy will be greatly affected, and Hong Kong will also be implicated."
Now that it is early June, there is no need for Lin Zuhui to hide it. Telling it can still scare his subordinates and make them worship him.
Andre was shocked. The boss's analysis was well-founded and the key was that it was very convincing.
So, he said: "The boss wants to short the Nikkei futures index?"
Lin Zuhui said with a smile: "We can do too much, but I don't like to be a 'bad customer' that others hate. Therefore, when shorting the Nikkei futures index, you cannot do it maliciously. You don't need too much money and your actions are small. In this way, you
Arrange 5 million U.S. dollars to short-sell the Japanese economic futures index every day, and do a total of 50 million U.S. dollars to 80 million U.S. dollars. Remember to maintain sufficient margin."
Andre regards Lin Zuhui as his idol because although his boss makes money in finance, he is also a more artistic financial tycoon.
“Let’s do it in September and December!”
"Yes, just do these two delivery months, and then stop!"
"No problem, I'll arrange it right away!"
Then, Lin Zuhui said: "In addition to Nikkei, we can also make a financial investment, and that is oil! When Asia faces a financial crisis, oil is bound to fall! When it was $24 per barrel at the beginning of the year, I missed the opportunity to sell short.
, so there are some risks in short selling now, but overall, oil will plummet in the past two years."
Andre said: "Brent oil is currently running around $22. As long as the boss is short on oil this year and next year, then as long as we have enough margin, the risk factor will be very low."
This is true. As long as the general direction is right, even a temporary increase of two or three dollars is not a problem at all.
Lin Zuhui said: "Well, from now on, we will short-sell 5 million US dollars of crude oil every day, with a total short-selling quota of 200 million US dollars. The more than 800 million US dollars in the account are reserved as margin for these two venture investments."
Crude oil will not fall for a while. Lin Zuhui guessed that it would start in October. Because the Thai baht only fell in July, the first wave of offensive ended in October.
Andre knew that the boss was very confident, so he made arrangements with confidence.
Of course, for both investments, Lin Zuhui will communicate with the senior management of the financial group, and Bahrain Bank will still be supervised by the group.
At this time, Lin Zuhui's financial group has a cash flow of more than 30 billion Hong Kong dollars, which can be said to be full of sufficient cash flow. The financial group has 7 billion Hong Kong dollars, which was obtained from the spin-off of Octopus Bank and its listing; Octopus Bank has a cash flow of more than 10 billion Hong Kong dollars.
The bank also has a cash flow of nearly 10 billion Hong Kong dollars.
This is strength!
All Lin Zuhui's companies are cash flow overlords. LEIt Group, Media Group, and ATV Group, these three listed companies have a cash flow of nearly 10 billion (in the name of investing in securities and maintaining sufficient cash flow, they stayed in the US stock market
and company accounts).
The one with the most exaggerated cash flow is of course New Era Group. Its cash flow will soon exceed 70 billion Hong Kong dollars. This is because the Danshui River Valley invested more than 10 billion. And New Era Group’s asset value in securities and gold is even more
Shockingly huge.
It can be said that once the Hong Kong stock market is attacked by an international super sniper, Lin Zuhui's companies can guarantee "very resilient" as long as they announce their cash flow; then it is equivalent to four blue chip stocks that are very resilient and are crucial to the financial stability of Hong Kong.
Of course, the general trend is irreversible, and Lin Zuhui only joined in defending Xiangjiang Finance while ensuring his own interests. For example, in the previous life, the Xiangjiang stock market would fall to about 6,600 points, but in this life, he can guarantee that 8,000 points will be the bottom (it is impossible for it to fall).
to 6600 points, after all, the index has changed), of course, the specific situation depends on the situation at that time.
It is impossible for his company's funds to be used largely to hunt for the bottom of the Hong Kong stock market. Instead, a large amount of funds must be used to acquire Asian companies and businesses, and developing his own company is the top priority.
"Dongdong"
"Come in"
The person who came in was Stanley Ho, the president of Octopus Bank. Although Octopus Bank is now a listed company, with Lin Zuhui’s prestige, the boards of directors of all his listed companies have very little power. In other words, Lin Zuhui can give board members the right to know, but his
Instructions are imperial edicts, and the board of directors is indeed a decoration.
Of course, there is a premise here, that is, the shares of listed companies owned by Lin Zuhui are extremely dispersed; and he himself holds almost 49.9% of the shares. Although LEIt Group holds only 34.8%, his women hold a lot of shares
.
In fact, even if Lin Zuhui only holds more than 30% of the shares, he is still very authoritative!
Ho Changhong sat on the sofa and respectfully reported on the recent situation of Octopus Bank. The content of the report was all key points and there was no nonsense. After all, his boss did not like to hear it.
After listening to the report, Lin Zuhui said: "Banks have tightened lending recently. Do you know why?"
Ho Chang-hong asked tentatively: "The boss feels that the real estate bubble in Xiangjiang is too big and is at great risk of bursting. With the return being imminent, the situation is somewhat uncertain."
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These two reasons make sense, and many foreign banks have begun to pay attention to this problem, that is, the return to Hong Kong is imminent, and the economic situation in Hong Kong is uncertain, so they are being more cautious.
Lin Zuhui repeated the "Asian Financial Crisis Theory" again, and Stanley Ho was immediately shocked. After all, who could have thought that what happened in Thailand would affect Hong Kong.
This is also true. In the previous life, when Thailand announced the loss of the baht in July, the stock market in Hong Kong was still singing high. It was not until August that some astute investors discovered that something was wrong, and the stock market fell accordingly. And it was not until October that the stock market in Hong Kong,
Real estate just plummeted.
Therefore, July is actually very safe. As for the Lin Zuhui Family Office, it has not cashed out its blue chip investment yet, but it will probably start in late this month (June).
"My boss's analysis is right. I plan to recover some 'dangerous' loans as early as possible!"
Lin Zuhui said: "We are already the bank with the lowest risk, so you shouldn't make too big a move."
He Changhong nodded and said: "Well, I understand, I will try my best to arrange it as properly as possible!"
After he left, Lin Zuhui showed a smile and felt happy for himself!
Of course, during this financial crisis, I don’t know how many people will go bankrupt, maybe tens of thousands of families!
This financial crisis has had a great impact on Hong Kong's wealthy companies, such as Sun Hung Kai, Henderson, and New World, because their overseas investments do not account for a large proportion.
Li Chaoren's situation is slightly better. His business in Europe accounts for almost 25% of the group, plus more business in mainland China.
For Lin Zuhui, there is almost no impact, but an opportunity!
It seems that the profits of Xiangjiang Real Estate will plummet, but the profits from bargain hunting are not low; what's more, the securities invested by New Era Group overseas can make tens of billions of profits a year.
Therefore, this financial crisis can be said to be a source of joy for several families and sorrow for many others!