Lin Zuhui was leaning on his leather seat imported from Italy, seemingly very leisurely, but in fact he was just making plans.
He is not a person who manages things honestly, because that would develop too slowly!
Bank loans and rights issue financing are the fastest channels for enterprise development; but whether it is bank loans or rights issue financing, there are two hard conditions, that is, the company has high credibility and the stock is sought after.
Previous life:
In five years, Liu Luanxiong built Aimeigao from a market value of more than 100 million to a consortium with a total market value of 8.6 billion (Aimeigao, Huazhi, China Entertainment);
Luo Xurui spent three years to build Century City from the verge of liquidation to a 5.2 billion consortium (Century City, Bailibao, Regal Hotels, Cathay Real Estate, Fuli International);
Yang Shoucheng's Emperor International was listed on the backdoor market with a market value of only 100 million yuan. Three years later, the market value expanded to more than 3 billion Hong Kong dollars.
These cases tell Lin Zuhui that if you want to make a fortune in Xiangjiang, you can’t just split your business!
The successful experience of New Era Real Estate in the past six months also confirms this point.
After a while, Liang Zhenxun walked into Lin Zuhui's office and respectfully called: "Boss!"
"Sit first!"
After he sat down, Lin Zuhui asked about the company's financial situation and learned that the company had nearly 40 million in cash.
Lin Zuhui said: "Set aside 30 million yuan to invest in foreign exchange!"
Liang Zhenxun was shocked and said: "Boss, this 30 million yuan was just borrowed to develop the land in Pok Fu Lam! Moreover, investing in foreign exchange is very risky. Are we too risky?"
No risk, so to speak!
The price of USD/JPY breaks through 240 points, which is a good opportunity to make a move. If calculated based on 10 times leverage, it takes 264 points to liquidate the position. Based on this, there is no risk. The highest point is 262 points, and more than half a year has passed.
time.
It will fall to 200 points in four months, which means there will be a period of rapid decline during this period, and it must help the company make some money.
The reason is simple. Lin Zuhui wants to prove to investors that by investing in New Era Real Estate, your stocks will become more and more valuable.
The intention is also simple, that is, to increase the stock price and prepare for the next fund-raising.
Huang Yulang can raise 450 million in one year, and so can New Era Real Estate!
When raising funds through rights issues, shareholders can also choose not to contribute, and the company can transfer their rights shares to other investors; of course, the proportion of shares held by those who do not offer rights will decrease!
Therefore, as the major shareholder, Lin Zuhui also needs rights issues, and he still needs to provide the majority. However, he had stock warrants in the previous two times and saved tens of millions.
Lin Zuhui explained: "That piece of land can be developed later, it doesn't matter! As for the risk of investing in foreign exchange, I have already considered it. You don't need to say anything, just carry out my order!"
As the chairman, you naturally have the right to speak out.
"OK!"
"Well, come with me to the foreign exchange department of HSBC later. We will short USD/JPY."
If you have the ability to turn New Era Real Estate's 30 million into more than 60 million in just a few months, then New Era Real Estate's stock will rise like a clockwork machine.
By then, we can raise 200 million yuan in one go and acquire China Real Estate and China Entertainment next year, so we won’t have to worry about the company running out of funds.
As for his personal funds (foreign exchange profits), they are used for his own investment. Next year, he will invest a large amount of blue chip stocks with a leverage of five times, and also invest a large amount of futures contracts; because he remembers that the Hang Seng Index was still 1,800 points in June 1986.
, but it soared to 2,500 points at the end of the year, and then reached 3,800 points before the August 7th stock market crash.
This memory can earn him a lot of personal cash flow.
.....
Lin Zuhui once again increased his short position on USD/JPY, which surprised Li Hongming of HSBC's foreign exchange department; Lin Zuhui had already invested 91 million in funds, and they were all high scores. Could it be that he was very confident?
However, the situation is not bad. Lin Zuhui’s first short-selling fund was 11 million (50 times leverage), and the current profit is 38 million;
The second short-selling fund was 50 million. Although it lost several million, it only had a leverage of ten times, so there was no risk yet;
The third amount of funds, 30 million shorting USD/JPY, is the money of a listed company. Even if this person loses money, it will only cause a little trouble at most.
And Lin Zuhui finally remembered one thing today, that is, the Plaza Accord seems to be in September.
As soon as that thing is signed, the Japanese yen will not immediately appreciate and the US dollar will immediately depreciate.
He actually ignored this message, damn it!
In other words, the US dollar/yen will plummet in September, and New Era Real Estate's funds can be cashed out in a month or two. If this news is released by then, the stock will not soar.
In this case, New Era Real Estate's non-recurring profits this year alone will be more than 60 million, which is comparable to the scale of a medium-sized real estate developer.
.......
When Lin Zuhui thought that the Plaza Agreement would be signed in September, he immediately pledged some New Era Real Estate shares and raised 50 million in cash.
This time, he did not find the HSBC foreign exchange department, but found several other reputable foreign exchange dealers and continued to short USD/JPY with a leverage of 10 times.
Before the 1980s, the foreign exchange trading volume of the Hong Kong market always ranked first in Asia, but after the 1980s, Singapore and Tokyo successively surpassed Hong Kong.
In October 1983, after the Hong Kong dollar adopted a floating exchange rate mechanism pegged to the U.S. dollar, the U.S. dollar became the main trading currency in Hong Kong's foreign exchange market. Among them, the largest trading volumes were the U.S. dollar against the Japanese yen, the U.S. dollar against the mark, and the U.S. dollar against the Hong Kong dollar.
After buying all the investments, Lin Zuhui breathed a sigh of relief. He almost missed the opportunity to make a fortune because he didn't sort out his memory properly.
This chapter is not finished yet, please click on the next page to continue reading the exciting content! I almost forgot about the 'black swan' incident like the Plaza Accord, which is so crazy. Moreover, even if my funds are a little higher (plus the leverage of ten
Hundreds of millions), Wall Street tycoons don't dare to push USD/JPY up more than 20 points. This kind of counter-market operation can't do anything without hundreds of billions.
As a result, Lin Zuhui personally invested 111 million Hong Kong dollars to go short USD/JPY; 11 million of them were bought at 261.5 points, and 100 million of them were bought at the average price of 239 points (multiple purchases).
New Era Real Estate invested 30 million short USD/JPY, and the buying point was 241 points.
After doing these things, Lin Zuhui finally felt that his only shortcoming compared with Da Liu, Luo Xurui and others - that is, his personal financial strength could finally be made up for.
After all, if an individual's funds are insufficient, even the company's rights issue cannot raise funds, and the shares can only be diluted.
Currently, Lin Zuhui has pledged a total of 65 million New Era Real Estate shares in two banks, accounting for half of his own shareholding and 17.5% of the company.
He did not consider the consequences of failure. After all, for such a big event, it would be surprising if USD/JPY did not fall.
The money earned from short selling on USD/JPY this time is like Lin Zuhui’s hidden wealth. As these funds snowball, outsiders will always only know his apparent wealth, that is, the wealth of listed companies.
Just like when Da Liu was interviewed in his previous life, the host asked him if his assets were underestimated. Da Liu answered from the side: "Nine out of ten rich people in Xiangjiang have wealth that is underestimated!"
The current meaning is that my own wealth is indeed underestimated, so the wealth of the four major families is even more seriously underestimated.
Lin Zuhui also believes that this is the case. If Li Chao's family pays annual dividends and invests them, with his long-term vision, the actual net worth may be several times the calculated net worth.
The so-called richest man in the world has most of his assets in the market value of stocks. If he wanted to cash out all of his assets, he would probably lose half of his assets.