After staying in South Korea for three days, Lin Zuhui set off back to Hong Kong.
During this period, he signed a new ship contract of 2.1 million tons and purchased about 350,000 tons of second-hand ships; at the same time, his major groups were preparing to expand investment in South Korea.
For example, Leit Group's brands such as 'Jeanswest' and 'Zordano' are preparing to open a large number of new stores despite the market trend. After all, Lin Zuhui knows that South Korea is the first country or region to recover from the financial crisis.
For example, Langham Hotel Group is preparing to enter Seoul and open Langham Hotel and Ritz-Carlton Hotel.
Investments such as this have begun to be prepared.
Even Lin Zuhui's private investment company was sharpening its skills, and in May it purchased stocks of Korean listed companies handpicked by Lin Zuhui.
As for the issue of acquiring companies, it will probably wait until after May. Lin Zuhui remembers that South Korea seems to have allowed foreign companies to maliciously acquire Korean companies sometime this year. By then, if there is a company you like, it will inevitably show its true colors.
.
The price of ordering ships in South Korea this time is much cheaper than the cost of construction by mainland companies. I can't help but sigh that Koreans also like "rolls".
Before the financial crisis, 1 US dollar was equal to 985 won;
The highest record in December last year was: 1 US dollar equals 2,000 won;
It has stabilized this year, and the current exchange rate is: 1 U.S. dollar equals 1,450 Korean won.
In fact, the Korean won has still depreciated by about 40%, so new and old ships are extremely cheap, and ship dealers naturally come to order them.
.......
Tuesday, March 10th.
The Internet portal "Sina (nasdaq)" with the theme of "Bringing China to the World and the World to China" planned by Netflix Software was officially launched, which immediately attracted the attention of all parties in Hong Kong.
Netflix software may not be well-known, but its companies are. For example, icq, an instant messaging software, has successively rejected Microsoft's US$600 million offer and AOL's US$1.2 billion offer, as well as its huge user base.
Wanhui Media, the parent company of Netflix software, is now the representative of Hong Kong's "technology stocks" and "Internet stocks", and its market value is far higher than that of its similar brother companies - Leit Group and ATV Group. The current market value has reached 66 billion.
Hong Kong dollar.
Despite the decline in the Hong Kong stock market, Wanhui Media still bucked the trend and rose. I can't help but lament the charm of the 'Internet' today.
Sina.com provides "knowledge of Chinese affairs" information to the overseas world, and provides "Chinese fashion life" and e-commerce services to global Chinese in Greater China and overseas Chinese communities, including: tourism, culture, science, academics, and art.
, fashion, games, news, sports, entertainment and other projects.
In addition, Sina will operate three main portals under the name of sina. to provide content and services. These portals will be localized and featured websites will be launched in major Chinese communities around the world, including Chinese Taipei, Singapore, Beijing,
Magic City, Sydney, San Francisco, Vancouver.
For a time, investors from all sides paid attention, and Wanhui Media's stock price rose again.
Wanhui Media's four major businesses: media, animation, games, and software, all of which can be regarded as high-quality assets and businesses, especially the three businesses of animation, games, and software. If they are separated and listed, I don't know how much the market will be detonated.
Because of this, many investment institutions are very eager to list Sun Company, a subsidiary of Wanhui Media. However, Wanhui Media has sufficient capital flow. What is important is that its profitability is good.
Take The9, the game department that was established later, as an example. It has already achieved a large amount of profit, which is enough to support The9's further research and development; after all, "Resident Evil", "Pokémon", and "Age of Empires" are all world-famous games.
Each of these game products sells in the millions, and subsequent versions will be released one after another.
Netflix software is slightly worse and cannot yet achieve profitability, but the losses are not very severe. After all, there are other software and outsourcing businesses that make money. The main reason for the serious losses is that icq currently has no profit channels, and even advertising has not been implanted;
There are hundreds of engineers responsible for this software alone, which is very expensive.
Because of this, no matter it is ia, it will be listed before the bubble crisis to raise funds for subsequent development.
In the office of the media group.
Lin Zuhui browsed the Sina website, and he was not uncomfortable with it because of its speed and version. After all, he had already used the Internet and was accustomed to the websites of this era.
On the contrary, the Sina website made his eyes shine. He felt that both operations and technical maintenance were done well. After all, the group's budget for the Sina website was HK$380 million, which was mainly used for early technology development, marketing and promotion.
Develop e-commerce for sister companies, etc.
These funds are enough to support the listing until next year. By then, stock market fundraising will become a major event in Hong Kong. After all, with Lam Cho-fai as a brand name and this is the era of the Internet bubble, it will not be a myth to subscribe for more than a thousand times.
"Boss" Netflix Software President Liu Songcheng came in and said respectfully.
Liu Songcheng concurrently serves as the president of Sina. After all, icq software, Sitong (intelligent transportation system), Netflix software (Sun company, outsourcing business) and other Netflix software subsidiaries all have elite presidents in charge, so he will temporarily serve as the president of Sina.
President.
Lin Zuhui nodded, and then said: "Sina.com's development plan, please report to me face to face!"
Liu Songcheng immediately said: "Okay"
He didn't dare to be careless, even though his boss was just going through hoops, but he knew that his boss had a very planned development for Sina.
After all, the boss is the world's Internet giant. Internet companies such as Netscape, Yahoo, and Amazon in the United States have invested in the boss, and the boss has also served as its director. He can be called an Internet investment tycoon.
Because of this, the boss is very familiar with this industry and everyone knows it very well.
Next, Liu Songcheng reported on his work in detail. He is an overseas Internet elite who was invited back to Hong Kong by Lin Zuhui for development. He is an insider in the industry, not an outsider, so he is very prepared for the report.
After listening to the report, Lin Zuhui commented: "There is no problem with your development plan. The content, technology, operations, etc. are all very good!"
Liu Songcheng quickly said modestly: "The boss planned it well at the beginning, plus the talents he invited from the United States to join us, and our experience in operating Yahoo (Hong Kong), so we are not unfamiliar with this industry!"
Websites such as Yahoo and Amazon are all represented by Netflix Software. After all, Lin Zuhui is a director, and Xiangjiang's business is not big. These companies all give Lin Zuhui face.
Lin Zuhui changed the subject and said: "But you have forgotten about expansion!"
Liu Songcheng immediately said: "The boss means to prepare for listing and then carry out acquisitions and expansion."
Lin Zuhui nodded with a smile and said, "I don't blame you for this!"
After all, Lin Zuhui has to make the final decision on the listing.
Then, Lin Zuhui said: "Strive to go public early next year. After the listing, we will start acquiring and expanding companies. For example, acquiring outdoor media in the mainland, publishing groups in Taiwan... etc. This is how the Internet works. As long as our
The stocks are valuable, and acquisitions cost almost nothing and can be completed by issuing new shares. In this way, it grows bigger and bigger, and a large media group emerges. And we, Wanhui Media, have also transformed from paper media to Internet media..."
Liu Songcheng was fascinated by what he heard, and finally said: "Don't worry, boss, I've written down your instructions!"
Lin Zuhui nodded and said: "Work hard, the future is the Internet, and traditional print media is already fading away. Sina must become the largest media company in Greater China."
"OK!"
After Liu Songcheng left, Lin Zuhui showed a smile. With the addition of him, the world's richest man, Sina's market value was easily 30 billion US dollars. After all, Li Chaoren's tom website in his previous life had done this, let alone his Sina.
.
Of course, if you want to have a high market value, you must acquire more businesses. Sina cannot be just a portal, but must also be a cross-platform media holding company across the mainland and Hong Kong. It is about the media industry chain, rather than being limited to a certain field.
Mainland outdoor media is a fat piece of cake. Of course, it was only a high-quality business for a certain period of time, probably before 2010.
When the snowball gets bigger and bigger, Wanhui Media Group can cash out part of the funds from its subsidiaries to obtain huge profits.
........
Lin Zuhui won another victory, and this time the Li family in Xiangjiang was imminent.
Cheung Kong Group.
Li Zeju came to Li Chaoren's office and said: "Baba, Lin Zuhui's business territory has expanded a lot. Especially the share of the Internet in Xiangjiang, they have almost a monopoly. Almost everyone who uses computers uses their software and websites.
The games we play are all from their family.”
Li Chaoren raised his head, looked at his anxious son, and said seriously: "There is no way to be anxious. Others have a large amount of cash reserves and the awareness to be one step ahead, so they will naturally succeed."
Li Zeju immediately said: "Forget the Internet, but Times Shipping has made a lot of moves recently, including acquiring Thames Port in the UK and ordering 2.1 million tons of ships in South Korea. According to my prediction, Times Shipping wants to become Maersk, Mediterranean
Such a shipping giant. We are not involved in shipping originally, so it cannot affect us, but when they acquire ports around the world, they are bound to compete with us!"
Li Chaoren still said calmly: "Every country has many ports. Everyone takes what they have, so what does it matter? What's more, their cash flow is really rich, so they must buy a lot, and we can't compare with others.
Hutchison Whampoa's funds are limited after all, and we hope to successfully issue 2 billion pounds of overseas bonds this year, so that we can have more liquidity."
Li Zeju sighed. You must know that Thames Harbor is also what the Li family longs for, but he did not expect Lin Zuhui to take it one step ahead. Although the Li family has a better relationship with London, it is impossible for the UK to target the investment of the world's richest man.
Seeing that his son's morale was low, Li Chaoren immediately said seriously: "There are so many businesses in the world, why are you always comparing yourself to others? As long as you have money, are you afraid that you will not be able to buy the assets you want? At the same time, you should also realize that,
The importance of cash flow. When you have enough money, you can buy assets in new fields. Look at Times Shipping. It started asset restructuring last year and completed it at the beginning of this year. After that, it immediately started a global buying and selling model. This shows that
Others have already planned it. There is also a core factor involved here, do you know what it is?"
Li Zeju was not stupid, and quickly responded: "It's cyclical!"
Li Chaoren nodded and said with satisfaction: "That's it, so this time is also our opportunity. The entire group will take advantage of this Asian economic downturn to expand. Southeast Asian ports, Canadian oil... these are all
Our chance!”
"Okay, I got it, Baba!"
.......
In late March, the Hang Seng Index rose to 13,500 points, which surprised Lin Zuhui.
With such a high position, it can be said that there is almost no "financial crisis" in Xiangjiang. After all, it has only dropped less than 4,000 points, compared with the peak period in August last year.
Lin Zuhui guessed that the most important thing should be the reason why his five companies performed very well, so they must be about 1,500 points higher than in the previous life.
The Hang Seng Index is calculated based on 33 constituent stocks, and Lin Zuhui alone is responsible for four constituent stocks, and the proportion of these four constituent stocks is very high, which has a very large impact on the entire index.
If the previous life dropped to a minimum of 6,600 points this year, then it cannot be lower than 8,000 points in this life, even if Lin Zuhui’s family does not buy (currently there is 55 billion in cash left, and 7 billion has been bought).
Judging from this situation, it is the best choice for Lin Zuhui to put the buying line at 9500 points and start to gradually buy 55 billion funds.
Instead of buying it together with the Hong Kong Monetary Authority, after all, that would reveal his wealth and make things bigger.
He doesn’t want to be a ‘national hero’, so he still has to buy gradually. As long as it drops to 9500 points, he will buy with a daily capital of 1 billion to 1.5 billion.
Of course, in this way, the final result will be: the Hong Kong Monetary Authority will be easier to win than in the previous life, after all, the foundation has been laid in the early stage.
The office of New Era Group.
Lin Zuhui looked at each piece of information and felt very good!
In a financial crisis like this, you don't rely on acquisitions. As long as you have money in hand and firmly believe that the country/region can quickly recover its economy, you can use investment to expand.
For example, the Langham Hotel and the Ritz-Carlton Hotel have begun to expand their presence in Asia this year, especially in Singapore, South Korea, and the Mainland.
When seeing the information about the acquisition by the Li & Fung Group, Lin Zuhui frowned at the media.
It turns out that this report pointed out that at this time, Li & Fung Group’s business was mainly foreign trade and had little to do with Times Shipping business. Furthermore, Li & Fung Group owned two listed companies, with relatively solid equity, and the Feng family brothers had outstanding capabilities.
Another century-old legacy of the Feng family.
Although it was not clearly stated, Lin Zuhui knew that Yuan Tianfan did not recommend the acquisition.
"It seems that in the previous life, Maersk acquired Li & Fung Logistics from Li & Fung Group. At this time, Li & Fung Group's logistics business may have just started."
"There is really no need to acquire it!"
Soon, Lin Zuhui decided to listen to his subordinates' opinions.
Of course, since the Li & Fung Group has not been acquired, it is natural to develop its own logistics business, or it can acquire other logistics companies.
In short, Times Shipping has been undergoing large-scale development and acquisitions in the past two years.