Chapter 085 [The difference between rich people and rich people]
Early July.
Central, Lai Ching Building.
Lin Zuhui stood in front of his office window, overlooking the prosperous scene of Queen's Road, feeling a little uneasy in his heart.
In ten months, he became a well-known rich man in Xiangjiang, owning three companies, including a listed company.
Among them, the "DreamWorks" film company will not talk about it, after all, it is not in the mood to do it;
Wanhui Publishing House has two best-selling magazines and a monthly profit of more than 2.3 million, which can provide itself with a mouthpiece in Hong Kong;
The most important asset is, of course, New Era Real Estate, with a current market value of 450 million. He holds 34.7% of the common shares and a large number of warrants. The company has an asset value of nearly 400 million and a net asset of 250 million.
In terms of net worth, Lin Zuhui can barely count to 200 million, which is considered a rich man in Hong Kong!
So, how many rich people are there in Xiangjiang?
With a millionaire family, he is not even ranked among the small rich. Some people say that if a brick falls from the sky, it will smash the head of a "millionaire". This is not an exaggeration. An average house in Xiangjiang costs four to five million.
Those who live in a better place are worth nearly one million, so this kind of family can only be considered a well-off family.
Someone in Xiangjiang has set out such standards: a person with a net worth of tens of millions can only be considered a 'rich', 1-1 billion is considered a rich man, 1-2 billion is considered a 'rich', and 2-10 billion can be called a 'super rich'.
Lin Zuhui can only be regarded as a 'rich man', and this is very high, and it is all supported by the market value of New Era Real Estate. At this time, Hong Kong stockholders have an inexplicable sense of following Lin Zuhui, and everyone thinks that Lin Zuhui can 'make a difference'
Chengjin', naturally new era real estate has become highly sought after.
Standing in the office of my own property, overlooking the prosperity of Xiangjiang, I undoubtedly feel a great sense of accomplishment.
Of course, the entire Laijing Building cannot belong to New Era Real Estate. Only the 11th and 12th floors belong to New Era Real Estate. The two-story property is worth about 40 million, which is considered one of the core assets of New Era Real Estate. New Era Real Estate is located in Central
There is also a shopping mall with a total value of more than 60 million, which is also one of the core investment assets.
"Dong dong"
There was a knock on the door, and Lin Zuhui slowly returned to his seat.
"Come in"
Liang Zhenxun walked in, and Lin Zuhui motioned him to sit down on the sofa, while he leaned on the Italian leather seat, obviously in a good mood!
"Boss, let me tell you something interesting and useful!"
"Tell me about it!"
Liang Zhenxun had a smile on his face and was full of energy. He felt that his career would usher in a second spring; the first spring was, of course, HSBC, where he was promoted from ordinary staff to senior staff (the management of Xiangjiang is also a senior staff).
"That's it! Hang Lung Properties' Heng Fa Chuen project in Chai Wan was originally supposed to release 448 residential units on July 8, but I didn't expect that speculators, brokerage companies, and agents would line up to wait for these units from July 1.
While waiting in line, there were members of the club with tattoos trying to jump in (jumping in line), which almost led to a riot."
Lin Zuhui nodded and said: "It's really interesting and useful news! Queuing up to grab a house eight days in advance has broken the record of the longest queue to buy a house in Xiangjiang; this also just shows that the real estate in Xiangjiang has ushered in a real boom.
Speculators have entered the market one after another."
Every time housing prices in Hong Kong soar, speculators are indispensable. In general, 50% of people who buy houses are speculators. By the 1990s, they even exceeded 70% of speculators. So much so that the government hastily introduced policies to curb overheating of speculation.
Liang Zhenxun said: "That's right! I heard someone shouting at the scene that if he grabbed the 'sale application form', he was willing to sell it for 50,000 yuan."
That’s fucking awesome!
But even with such a market situation, Hang Lung Properties also insists on selling the 8,000 residential units in their hands through off-the-plan sales. For Hang Lung Properties, their land is cooperated with the subway company anyway, as long as there is a suitable profit
, and sold it.
Seek stability!
The strategy of New Era Real Estate is exactly the opposite. Lin Zuhui wants to build New Era Real Estate into a giant in a short period of time. Only in this way can he purchase a large number of high-quality properties in advance, so that he can collect rents and live with peace of mind in the future.
Therefore, Lin Zuhui said to Liang Zhenxun: "I will discuss loan matters with several companies recently. You should mobilize more people from the marketing department to search for high-quality properties and land."
Liang Zhenxun reminded: "Is the debt ratio a little high?"
New Era Real Estate's current debt ratio is 40%, which is actually not very high.
"There is no need to worry about the debt ratio. As long as real estate prices rise, our assets will be revalued and they will be much higher! Even a debt ratio of 60% to 70% is worth the risk in the short term! What's more, investors are pursuing our stocks.
Maybe we can raise funds through a rights issue soon."
Lam Cho-fai has a sense of urgency, and he is also somewhat competitive; as far as he knows, in his previous life, Liu was actually able to spend 2.4 billion to purchase two Landmark buildings - the Royal Building in Causeway Bay and the Harcourt Building in Wan Chai.
Today's Da Liu is actually about the same as him. He was able to develop to such an extent within two years. In addition to sniping in the stock market, Da Liu's crazy rights issue fundraising is also the reason for the rapid expansion; the most important thing is that he acquired Huazhi and China Entertainment.
, the three companies raised funds through rights issue together, the scene was very spectacular.
Raising funds in the stock market does not require interest, so it is indeed a good idea. The premise is that investors think your stocks have a future and the market is good.
Moreover, raising funds from the stock market has another advantage for Lin Zuhui. He does not need to issue rights shares at the original price because he has a large number of warrants; as long as the company's stock price reaches the ideal state, he can pay a certain price difference.
"Okay, I'll make arrangements!"
Liang Zhenxun felt that his boss was full of confidence, and he was deeply affected.
...
Before leaving get off work, his assistant reminded Lin Zuhui that there was a banquet to attend tonight, so Lin Zuhui put down his work and prepared to leave. This banquet is a grand event in the media industry in Hong Kong. Lin Zuhui aspires to be a media tycoon in Hong Kong, so he will not refuse.
When we arrived at the hotel door, "FHM" editor-in-chief Liang Guanhui was already waiting for his boss.
"Boss, there are many media people present tonight, including Mr. Jin, Ms. Hu, etc. It is a semi-official dinner organized by the Press Association, Magazine Association and other joint news agencies."
Lin Zuhui nodded. For Wanhui Publishing House, he has always only been responsible for capital operations and controlling the overall situation. Liang Guanhui usually attends some unimportant events on his behalf. Because of this, the invitation letter to this dinner was sent to Liang Guanhui by someone else.
.
"go in!"
Hong Kong's publishing management is very 'free'. As long as it does not involve serious political orientation, you are allowed to publish. Because of this, the market is full of pornographic and violent magazines. Only after a large number of complaints about a certain magazine, the Hong Kong government
Only then would they interview and seal up those bad magazines, but they would soon reappear.
After walking into the banquet hall, it immediately felt very lively. Everyone gathered together and chatted with each other. There were particularly many people gathered in several places. There must be industry leaders there, and everyone rushed to greet them first.