Chapter 646 [Stock speculation, dancing, and horse running]
‘Stocks are speculating, dancing is dancing, and horses are running’ is the current portrayal of Hong Kong, but behind it is actually collective panic and anxiety.
There is a quarrel between husband and wife about whether to immigrate or not. The woman has an infinite love for the British and the unknown fear of the new government, while the man believes that the motherland and Hong Kong will have a bright future. It is difficult for both parties to convince each other, and they even get into trouble.
The extent of divorce (from the TV series "My 1997").
On July 1st, Hong Kong officially returned to the motherland. More than 4,000 guests from home and abroad witnessed the historical moment at the Convention and Exhibition Center. Hong Kong has since opened a new chapter. Most of the guests at the scene were reluctant to leave. Lin Zuhui was in the heart of the scene.
There was no trouble because he already knew the future of Xiangjiang.
On July 2, Thailand was forced to announce that it would abandon its fixed exchange rate system and implement a managed floating exchange rate system. The Thai baht plummeted 20% that day, causing chaos in Thailand's foreign exchange, financial and other markets.
On July 12, the Philippine central bank failed to maintain the exchange rate and allowed the Philippine peso to fluctuate freely. The peso devalued by 6% within a few hours, and interest rates rose to 25% overnight.
An Asian financial crisis is coming, but the citizens of distant Xiangjiang are completely unaware. Their mentality at this time is complicated and numb, and they are just intoxicated by the atmosphere of soaring real estate and stock markets.
.......
July 14, Monday afternoon.
Family office.
Lin Zuhui walked freely in the office, looking at the cabinets made of precious nanmu, the Italian leather sofas, and the authentic paintings of famous people hanging on the walls. Then he looked at Central and Victoria Harbor through the panoramic floor-to-ceiling windows. He smiled!
I don’t know how many people would laugh like this at an office building in Central, because the office building is squeezed into Hong Kong Central, which is a symbol of strength; after all, the rent per square foot per month is more than 80 Hong Kong dollars (Grade A in Central) for a thousand-square-foot office space
(approximately 110 square meters), the annual rent is HKD 1 million.
Among the major cities in the world, Moscow's office buildings rank second, with only 80% of Xiangjiang's prices. Tokyo's office buildings rank third, with only 70% of Xiangjiang's prices. New York, the world's economic center, only has 60% of Xiangjiang's prices.
About %, this is still due to the rise of the Internet.
Of course, Lin Zuhui is not laughing because he can afford such an expensive office; after all, he is the largest 'landlord' in Hong Kong and even the world.
The reason for his laughter is very simple. The Asian financial crisis is coming, and he is the one who can have the last laugh!
"Dongdong"
"Come in"
Li Hao, the investment manager of the family office, walked in respectfully.
"boss"
"Well, how's the position closing going?"
Li Hao reported seriously. After all, it involved the cashing out of nearly 70 billion Hong Kong dollars.
At that time, Lin Zuhui injected 20 billion Hong Kong dollars into the family office, of which 8 billion Hong Kong dollars were invested in Asia. In fact, almost all of it was in Hong Kong stocks. Now, in more than five years, the amount has increased nearly nine times.
Taking Sun Hung Kai and Henderson as examples, they have increased seven or eight times in recent years; while the Lin Zuhui Family Office also started to do T in the middle, so the rate of return is higher. As for the operating funds of the family office, in fact, dividends alone are enough.
"At present, we have cashed out about 20.5 billion...Due to the hot market, it has not caused much market vigilance, but many alert old investors have also participated in cashing out. Fortunately, it does not affect the general environment...
....”
As Lin Zuhui listened, he thought that the flight of such a huge amount of money, even after careful analysis, would definitely cause market vigilance and panic, but the time has not yet come.
At this time, the total market value of the Hong Kong stock market was 4.8 trillion, and the funds traded every day ranged from 7 billion to 11 billion.
The Hong Kong stock market value held by Lin Zuhui's family office is about 68 billion. Lin Zuhui's plan is to cash out in three and a half months, starting in late June and ending in late September. This is equivalent to cashing out nearly 1 billion Hong Kong dollars every day.
Lin Zuhui also knew that around the beginning of August, Hong Kong stocks would reach their peak (approximate point), followed by a decline. Of course, the declines in August and September were just due to the panic caused by the influence of Southeast Asia on the market, even if
A fall is not a plunge.
It wasn't until the first wave of international capital "sniped at Xiangjiang's finance" in October that the Xiangjiang stock market plummeted.
Based on this, Lin Zuhui officially started liquidating positions in a planned manner from late June, and even arranged liquidation dates in August and September. After all, the total market value of Hong Kong is only 4.8 trillion, and the Hong Kong stocks he holds already account for about 1.5% of the total market value.
, quite terrifying.
In short, when the Hong Kong stock market "normally falls", he is also short; but once international capital enters the market, he will not cash out a penny at any time.
Lin Zuhui said: "Just follow the plan!"
Li Hao nodded!
Rich people in Hong Kong all have the habit of stock trading. For example, Li Chaoren has tens of billions of investments in the stock market (including corporate and personal investments), and rich people like Liu Luanxiong also has billions of stock investments (his net worth has shrunk much compared to his previous life).
But this time, they obviously can't escape!
........
In the evening, Lin Zuhui declined several social activities and returned to No. 75 Deep Water Bay.
With his current status, if he agrees to every entertainment, he will have no time to spend with his family; therefore, he almost only attends special important official entertainments and banquets with very close personal friends. As for business entertainments, there are group presidents and
Executive, he does not need to participate.
Today, Lin Zuhui rarely signs the tens of billions of investments in person. For example, the last time he invested in Danshui River Valley, although he was in Brazil, he did not participate in that investment. He was mainly engaged in official communication and vacation.
A family of five enjoys dinner warmly around the dining table. Of course, Lin Zuhui has many families like this. Wang Lingyin naturally only has one "incomplete" man, so she cherishes the days when Lin Zuhui is at home.
This chapter is not over yet, please click on the next page to continue reading! On the table, there is a mix of meat and vegetables, but it can be seen that there is a lot of meat, and the ingredients and cooking techniques are very high-quality, just like the dishes in a five-star hotel
.
The older generation of wealthy people are now beginning to eat very sparingly, but Lin Zuhui is young and has a 'superhuman' body, so he eats very luxuriously; and the aunts who cook the meals at home are all trained, so
The cooking method is not only healthy, but also very delicious, comparable to that of five-star hotel chefs.
There used to be an aunt who cooked in the family, but later she quit her job and actually started to cook private dishes, and even used the sign of "Lin Zuhui's Royal Chef", which made Lin Zuhui laugh. Of course, he is not a fussy person, and he even invited his friends to support him.
Yes. Seeing that Lin Zuhui was so easy to talk to, the aunt took a photo of Lin Zuhui patronizing the private kitchen and hung it on the wall. She didn't spend a penny of the advertising fee worth millions. The private house in Xiangjiang
There were a lot of dishes, and the auntie was obviously very successful in cooking them.
Lin Zuhui picked up a piece of fried wagyu, put it in Wang Lingyin's bowl, and said with a smile: "Why are you just eating vegetables?"
"Brother Hui" Wang Lingyin couldn't help but act coquettishly.
For a moment, both sons looked at their 'strange' mother, and the youngest one was being taken by a nanny.
Wang Lingyin looked at Lin Wenjie and Lin Wenyi with sharp eyes. The two boys quickly lowered their heads and continued to cook.
The woman's face changed quickly. Wang Lingyin turned around again, already looking like a little woman, and said in a sweet voice: "I don't eat meat at night, it's not like you don't know!"
Even so, she ate the piece of imported wagyu with great pleasure.
Lin Zuhui said with a smile: "It'll be okay if you try it!"
"Um"
Eating together as a family looks very warm, with sensible children and a beautiful and virtuous wife. This is the life that men dream of. Of course, since it is a dream, it must be a family situation with a very small chance. In fact, most families are for the sake of family.
Couples spend their lives stumbling over trivial matters, and of course there are many things that they can't overcome and end up breaking up.
While Lin Zuhui was sighing in his heart, Wang Lingyin said: "The eight villas on Nanwan Road and the three villas on Repulse Bay have all been sold out."
Lin Zuhui was not very concerned with this topic. He just followed Wang Lingyin's words and replied: "Oh, the market is just right. It is normal to sell it quickly."
Wang Lingyin pointedly said: "That is not a good thing in the market. After all, it was the place where you lived back then. Many people thought it was the palace and rushed to get it!" After speaking, he smiled slyly.
Lin Zuhui smiled and shook his head and said, "Is there any news?"
Wang Lingyin said: "What do you think?"
Lin Zuhui immediately said: "Stop talking!"
When Wang Lingyin saw her two sons became concerned again, she immediately stopped talking.
Those 11 independent villas were once Lin Zuhui’s harem. After Lin Zuhui and the women moved away, Lin Zuhui had people carry out some ‘renovations’ on the villas.
For example, the group of eight villas on Nanwan Road originally had walls and other facilities. They must be demolished as soon as possible, otherwise it will not attract public attention. Although there are some scandals spread, you must pay attention.
Lin Zuhui is not too worried about how much the 11 villas were sold for. It must be hundreds of millions of Hong Kong dollars each. The value has tripled. Not only did he live in it for a few years, but he also made nearly 80 million yuan. This kind of deal is very cost-effective!
Lin Zuhui thought again that his family was selling properties. I believe some people would notice something unusual!
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But it was too late now, and everyone could only bite the bullet and move forward.
Late at night, Lin Zuhui hugged Wang Lingyin on the bed, and Wang Lingyin told about the cash-out situation of Hengjin Real Estate. Not only had 11 villas been sold this time, but some shops were also included in the sale.
"Hengjin Real Estate has more than 6.6 billion in cash on its account, do you want to use it?" Wang Lingyin arched in Lin Zuhui's arms like a kitten. As for what she just said, she said it very sincerely. After these years of life,
She now regards New Era Group and Octopus Financial Group as the core assets of the main family, and other group companies can use them to share their shares with the concubines.
Lin Zuhui said with a smile: "I have trillions in assets, but I will also like your billions in cash. Don't think of Hengjin Real Estate as the main wife's fund. Just think of it as your own pocket money. Spend it how you like."
How to spend it!"
Wang Lingyin no longer cared about her man's property, but she was shocked when she heard about trillions of assets, and asked: "Trillions of assets?"
Lin Zuhui said with a smile: "In the past few years, wealth is no longer an important thing for our family. The most important thing for the family is unity."
Wang Lingyin immediately said: "Let's unite, that woman dares to arm-wrestle with you!"
Lin Zuhui burst out laughing, his punishment was very 'cruel'.
Wang Lingyin put her delicate hands on Lin Zuhui's chest, feeling the overwhelming power. She didn't dare to ask her husband to open a small stove for her alone. This man was too strong, and she couldn't bear it alone. Of course, sometimes she was really controlling.
If you can't help but tease this man, you can remember the feeling for a month and still have a lingering feeling.
This man is so 'legendary' and 'mysterious'!
........
The next day.
Liang Zhenxun came to Lin Zuhui's office and reported some work to Lin Zuhui.
"Boss, the company's cash flow has exceeded 70 billion, reaching 72 billion Hong Kong dollars... We have reduced our holdings of Sony's stocks by 9 billion Hong Kong dollars and left them in Japanese accounts without counting the group's cash flow. Japanese stocks
There are still 5.5 billion Hong Kong dollars in Sony shares on the account..."
After listening to the report, Lin Zuhui said with satisfaction: "Okay, I still have to buy Sony's stock. I will give you the order later!"
Liang Zhenxun said with admiration: "Okay, boss!" The boss's keen insight into finance is unparalleled in the world.
This chapter is not finished yet, please click on the next page to continue reading the exciting content! The two exchanged a few more words before Liang Zhenxun walked out of the office with great energy.
New Era Group's cash flow is really abundant. Although it still has liabilities of 35 billion Hong Kong dollars, the market value of New Era Group's overseas stocks is already around 80 billion Hong Kong dollars; and judging from the boss, those stocks will appreciate in value.
The company's funds are so strong, and the boss predicts that a financial crisis will hit the entire Asia. This means that New Era Group will not be greatly affected, but it will have a large amount of cash flow and can carry out bargain hunting.
Therefore, as a company executive, I am very excited and want to flex my muscles and follow my boss to harvest.
........
Li He is from Xiangjiang, with a monthly income of more than 100,000 Hong Kong dollars, plus his wife's salary income, so the family's income is quite considerable, and they are an upper-middle-class family in Xiangjiang. They have two children, because their income is good
, they also hired a Filipino maid, with a salary of more than 4,000 Hong Kong dollars, and they lived a very comfortable life.
Under such loose economic conditions, they bought their first home with a monthly payment of more than HK$40,000, which was very easy. This expenditure was about 1/3 of Li He's monthly income.
In the past year or so, housing prices in Hong Kong have been soaring, and the property market has been extremely hot. Li He immediately became cautious.
He and his wife discussed: "Now that Xiangjiang has returned, the stock market and local markets are still booming. It seems that Xiangjiang's economy will continue to grow at a high speed, and it is bound to continue to drive the rise of real estate and stock markets."
Li's wife was immediately moved and said, "Husband, do you mean we can buy another apartment?"
Li He immediately said proudly: "Yes, New Era Group has a real estate project that will open on the weekend. I saw on the flyer that there is a 900-square-foot apartment that only costs 8.5 million Hong Kong dollars. I did the math and assumed that the down payment is 30%
, which is 2.55 million, the loan is nearly 6 million, and the monthly payment is 50,000.”
Li's wife immediately calculated: "The monthly payment is 50,000, plus the first monthly payment of 40,000, the monthly payment will reach 90,000. Your salary is about 120,000, plus my salary is more than 20,000, we
We still have 50,000 free funds every month. That’s enough. This money is enough for our expenses! Husband, buy it!”
Li He nodded and said: "Once the house price rises by 30%, we will make a net profit of more than 2 million. It is an easy thing. You know, it has risen by 50% in the past year, and housing prices in Xiangjiang have risen since 1990."
Six or seven times."
Li's wife suddenly felt itchy and echoed: "Let's just say that the value of the apartment we live in has almost doubled!"
Li He nodded and said, "That's right! On weekends, let's go queue together!"
Li’s wife: “Yeah”
The two couldn't help but fall into the fantasy of making money, but they didn't know that a disaster had already come. Of course, this is a story later: the Asian financial crisis came, housing prices in Hong Kong plummeted, and a house worth 8.5 million might only be sold for 4.5 million; the important thing is that
, Li He's company collapsed during the financial crisis, which was fatal. He lost his job. The Asian financial crisis brought down not only the financial market and real estate, but also the collapse of a large number of companies. In other words,
If a middle class has a large amount of loans, whether it is a company bankruptcy or layoffs, salary cuts, etc., it will be fatal.