Hong Kong's new giants

"Ah! I want it! I want it! I want it!"

"Don't get excited, you're disturbing the baby!"

Guan Jiahui quickly comforted the fetus with her hands, but her eyes were fixed on Lin Zuhui, watery.

Lin Zuhui said with a smile: "Don't worry, I said that one person is one person, and no one is partial!"

Guan Jiahui said with some concern: "What if there is a girl in my stomach?"

Lin Zuhui has forgotten what he said before, so he said: "The same treatment, this house is for you to live in! However, it may not be possible to find a suitable super villa soon, and then we will live in an independent villa for each person. Yes."

"Listen to you!"

Although the entire 'housing plan' cost hundreds of millions of dollars, Lin Zuhui could mortgage the house again and get back [-]% of the funds.

……

In the morning, Lin Zuhui came to the office of New Era Real Estate early, and the first guest he welcomed was his close friend Liang Botao.

Liang Botao smiled and said, "What do you mean by summoning me?"

At this time, Lin Zuhui's blue chip stocks were all liquidated, so Liang Botao couldn't guess Lin Zuhui's intention.

Lin Zuhui said: "It must be a big deal to summon you urgently! I want to reduce some of the shares of listed companies I hold, and I need your assistance!"

The two have worked together for two years, not because Liang Botao blindly helped Lin Zuhui, but because both sides have gained something.Liang Botao and Wanguobaotong Investment Department have received a lot of commissions; moreover, Wanguobaotong Bank has obtained a lot of loan business from Lin Zuhui.

Liang Botao was a little surprised. All along, he believed that Lin Zuhui kept his shares at a very high level; he kept New Era Real Estate at 45%, Wanhui Media at 49%, and LEIT Group as high as 73.5%.

He thinks that Lin Zuhui is a 'sniper', and he is also worried that someone will attack his company one day.

For example, Li Chaoren holds less than 37% of the shares of Cheung Kong, and Cheung Kong holds less than 45% of Hutchison Whampoa; the reason is very simple. Li Chaoren strengthened the family's investment by cashing out the shares.

"How do you plan to cash out?"

"Cash out 10% of New Era Real Estate, 14% of Wanhui Media, and 22.5% of LEIT Group."

Liang Botao nodded, it was a reasonable cash out.

"No problem, starting today?"

"Yes, start right away, cash out as quickly as possible, the stock market is too hot, I'm worried about a stock market crash!"

"Okay, I'll arrange it right away!"

In fact, Lin Zuhui started cashing out at this time, and may not be able to complete his goal!

There are still 13 trading days, which is 'Black Monday', which is equivalent to 1 point of cashing out of listed companies every day!

The reason why he didn't cash out in advance was because Lin Zuhui was worried about affecting his futures contracts and blue chip investment.

After all, he needs to secure his main source of profit.

After Liang Botao left, Lin Zuhui leaned back on the chair and began to think.

With the 61 billion funds withdrawn, another 15 billion has been spent to short-sell the global futures index;

And now, he has to arrange to repay his huge loan of 29 billion immediately.

The reason for the early repayment is that he hopes to loosen the ties to his listed companies first, and let the bankers understand that Lin Zuhui is a businessman who is very sensitive to the market; in this way, the bankers will trust Lin Zuhui's reputation more in the future.

If necessary later, re-mortgage, or leveraged investment.

In this way, Lin Zuhui only has 16 billion in cash flow.

I hope that by selling short futures and reducing shareholdings, I can get back some funds for myself!

……

Liang Zhenxun also quickly came to Lin Zuhui's office to report to Lin Zuhui.

Lin Zuhui took the paper and pen and motioned for him to start.

"Boss, the 9 million blue-chip stocks invested by Cathay City at the beginning of the year (3 million margin) have all been liquidated. After deducting commissions and interest, a total net profit of 4.3 million yuan has been obtained, and 7.3 million yuan has been withdrawn."

"Cathay Pacific City has cashed out 20% of the shares in Furama Hotel, and it has also been completed, with a total of 4 million in cash."

"Currently, Cathay City's debt is 18.5 billion (after the rights issue, there is a capital flow of 1.5 million, 2.5 million has been repaid, and 11.3 million is also a rights issue to the big hotel), and the cash flow is [-] billion..."

Lin Zuhui raised his head and said, "This year's Furama Hotel's annual profit should increase to 6000 million, right? (There is a revision here. The previous Furama Hotel's profit in 1986 was changed to 5000 million. Check out the historical data.)"

It is said that Luo Xurui's Regal Hotel will increase its profit by 70% this year!

Liang Zhenxun analyzed: "There should be no problem! Since the beginning of this year, Xiangjiang's tourism industry has been booming, and the profitability of Furama Hotel has indeed increased significantly. Of course, it also has a certain relationship with the management of our group (correct, Furama Hotel is an InterContinental Group Assist in management, is to pay 4% management fee).”

Lin Zuhui nodded. He planned to privatize the Furama Hotel after the stock market disaster, so he also considered the time limit for recovering the cost.

It seems that it will take more than 20 years, but in fact, Lin Zuhui knows that ten to 15 years of hotel profitability alone should be enough; the current dilemma of Furama Hotel is that among the five-star hotels, the decoration is a bit old; Decorate it, and wait for the tourism industry in Hong Kong to recover in 1989. It is estimated that it can earn more than 1990 million yuan a year.

Of course, Lin Zuhui still cares most about the land, and after the millennium, rebuilding it will make him rich.

Lin Zuhui instructed: "Repay the 8.5 million loans of the banks and keep the debt at 10 billion. The remaining 2.8 million working capital will be kept for now, I have a use for it!"

"Ok!"

2.8 million is not too much!

After the stock market disaster, the privatization of Furama Hotel, with a premium of 7%, is estimated to need [-] million yuan to be successfully completed.

At that time, Lin Zuhui intends to participate in the privatization of the remaining 49% of the shares in the name of the family.

Next.

Liang Zhenxun said: "The futures contract of Chinese Land has been closed, and the net profit is 3.6 million yuan, and the cash flow is 5.6 million yuan... The company's debt is 15 billion yuan, and the cash flow is 7.7 million yuan."

Lin Zuhui nodded and said, "Very good! We will not reduce our shareholding in China Entertainment. After all, we are still preparing to buy back the Entertainment Bank Building. Reducing the shareholding will result in a loss of dividends. Moreover, the market value of China Entertainment is too low, so there is no need to sell high and low."

I originally planned to reduce my holdings in China Entertainment, but when I saw that the market value of China Entertainment was only 5 million, selling high and buying low would save tens of millions of profits.

In the end, Lin Zuhui said: "New Times Real Estate has now started to reduce its holdings of Huaren Real Estate and Cathay City by 14%. The reason for the announcement is to reduce its debt holdings!"

Because the combined market value of the two listed companies is more than 80 billion, Lin Zuhui also dragged his own personal funds to cash out.

Liang Zhenxun immediately went down to make arrangements!

……

Lin Zuhui came to Hengjin Securities and recruited the general manager Li Hao.

"Help me short a sum of USD/JPY, 5 million Hong Kong dollars plus ten times leverage, remember to assign several foreign exchange brokers to do it!"

Li Hao was slightly distracted, his boss has been making a lot of moves recently!

First, it used 15 billion funds to short-sell global futures contracts, and now it has 5 million funds to short-sell USD/JPY foreign exchange.

"Boss, at what price do you want to buy it?"

Since the boss proposed the investment, there is basically no room for their investment managers to speak, which everyone understands.

Lin Zuhui said: "Yesterday's closing price was 146 points. You can help me short sell above 142 points. Remember to buy in batches on multiple trading days!"

He remembered that after the '145 stock market disaster', the US dollar also plummeted all the way, and the US dollar/yen fell from 120 points to around [-] points at the end of the year.Under such circumstances, it is difficult for Wall Street tycoons to push up against the market, because the inflation rate of the U.S. economy is rising, and the depreciation of the dollar is a general trend.

Of course, Lin Zuhui will not take risks now, so he only spent 5 million Hong Kong dollars for fun.

Li Hao said: "Okay, I'll prepare right away! By the way, boss, shouldn't our Hengjin No. 1 position be closed?"

Now that the boss is short-selling futures contracts, the blue chip investment of Hengjin No. 1 is naturally in danger, Li Hao thought so.

Lin Zuhui nodded and said, "Yes, all positions will be closed next week!"

However, with a market value of more than 2 million yuan, Lin Zuhui originally planned to withdraw later.

When Li Hao got the answer, he breathed a sigh of relief.

Chapter 212 [The stock market crash is coming]

Beginning in October, Lin Zuhui began to repay personal debts.

Although the debt is not overwhelming, Lin Zuhui has basically pledged all the shares of listed companies he holds; if the stock market crash comes, the bank will definitely come to ask, and even force Lin Zuhui to repay the loan.

Therefore, in order to reduce unnecessary troubles, Lin Zuhui decided to pay off all 30 billion yuan in debt and interest.

……

Monday, August 1987, 10.

Wall Street was shrouded in gloom, and the New York Stock Exchange started a new day amid the hasty and dull "Dang, Dang, Dang" bell.At the beginning of the market opening, an ominous premonition hit everyone in the noisy trading floor: the Dow Jones Industrial Average fell 67 points at the opening.In a blink of an eye, selling orders surged.Under the pressure of the swarming sell-offs, all the red plates (falling) were turned up on the screen, and there was no green wave (rising) in sight.There was panic in the exchange, and the futures market was also in chaos.From 9:30 a.m. until 11 a.m., the Dow Jones Industrial Average was down, and no one knew how to stop the worsening situation.Although some people proposed to suspend the market, no one dared to make a decision.Concerned about Wall Street's role as a "weather vane" in the global stock market, the New York Stock Exchange had no choice but to persevere desperately.

The Sydney stock market first opened the day without any change.

At 10 a.m. Hong Kong time, the Hong Kong stock market opened on time, but the Hang Seng Index dropped 120 points due to the panic caused by New York as soon as the market opened, and closed down 235 points at noon. .

Affected by the plunge in Hong Kong, the stock markets in the Asia-Pacific region fell across the board, and the effect spread to the European market as the market opened in various time zones like a domino, and finally returned to New York around the world: the Dow Jones Industrial Average fell sharply by 508 points (more than 20%) ).

……

In the office of New Era Real Estate, Lin Zuhui was leaning on the seat, and the TV opposite was broadcasting news about the stock market.

It felt like someone was throwing dollar bills at themselves.

If it wasn't for worrying about the bad influence, Lin Zuhui would have opened champagne in the office.

Before get off work, Chen Bin and Liang Zhenxun came to Lin Zuhui's office together.

Liang Zhenxun said: "Boss, the Stock Exchange has sent back news that it has decided to suspend the stock and futures markets for four days from October 10th to October 20rd, in order to clear up a large number of outstanding settlements."

Lin Zuhui said lightly: "Nonsense! Self-righteous!"

Liang Zhenxun asked tentatively: "The boss thinks that the four-day suspension of the market will cause greater panic?"

In his view, the original intention of the Stock Exchange is to reduce Wall Street's drag on the Hong Kong stock market.

Lin Zuhui said with a smile: "The Dow Jones in New York fell by more than 20%, and the Hang Seng Index fell by more than 10% today. Li Fuzhao thought that it would be able to avoid further declines if it was closed for four days. As everyone knows, people are closed for four days in a closed environment of fear. They will run away like crazy. Next Monday, the Hang Seng Index will be extremely pessimistic!"

Chen Bin asked: "This is a big stock market crash. I don't know how much it will affect real estate?"

Lin Zuhui said: "There is no need to consider this. We have 27 billion in cash lying in our account (12 billion from the reduction of subsidiary shares and sales of real estate funds), and the company's debt is only 25 billion. As long as we are optimistic about the future of Xiangjiang, then for us Whether it is a short-term big drop or a short-term slight drop, we are as stable as Mount Tai. You have two things to do now:

First, increase the number of real estate starts. The decline is short-term. There is still a lot of room for real estate growth in recent years, and the wind has not been exhausted;

Second, stabilize the emotions of the company's employees. I know that many employees are speculating in stocks. I hope you will pay more attention to your colleagues and encourage everyone to cheer up and not bring emotions to work. "

"Okay, boss!" The two said quickly.

Even if New Era Real Estate repurchases the stocks of Chinese Land and Cathay City, it will cost at most seven or eight billion yuan; before, it has cashed out a full 12 billion, and every sale and purchase is a profit of four to five billion yuan.

So there are 20 billion to buy land, old buildings, and land rights, which is obviously enough to be a Weishui guy once.

……

The next day, Lin Zuhui clearly felt panic and uneasiness in the air in Xiangjiang.

When he came to the crocodile shirt building, Lin Zuhui couldn't help but stop downstairs and look around.

鳄鱼恤大厦分为1、2期，两期总占地面积才6000平方尺，高度也只有9层和10层。

Next to it is the Chenda Group Building, which covers an area of ​​only 3500 square feet.

If Lin Zuhui remembers correctly, this is the headquarters building of the Agricultural Bank of Hong Kong in his previous life, with about 30 floors; it was traded at a price of 2012 billion in about 50.

"It seems that we will buy the Chenda Group building, and then merge the three buildings together. In this way, at least one Grade A office building with about 28 floors can be built, and the property area can reach more than 20 square feet."

Before he knew it, Lin Zuhui had another Grade A office building in his hands.

Lin Zuhui had a plan in mind, so he decided to talk to Chenda Group slowly. He was not in a hurry!

In the morning, Lin Zuhui met with Bren, the boss of Fry Trading in Australia, and his party in the conference room. Roger and Chen Xing from LEIT Group also attended the meeting.

The two parties have communicated before that the casual fashion samples of the production department of the LEIT Group have been approved by Fry Trading.

Fry Trading is an importer and exporter, specializing in placing orders from garment factories in Asia, and then selling the products to clothing retailers in Australia, including 'JEANSWEST'.

"Welcome to Hong Kong, Mr. Brun!" Lin Zuhui stretched out his right hand and said to a slightly bald white man in his 40s.

"Mr. Lin, I often come to Hong Kong, and I am a Hong Kong hand!" Bren said humorously.

Lin Zuhui smiled and said, "Then you must also have real estate in Xiangjiang?"

"Of course! I also know that Lin Sheng is a big real estate developer in Xiangjiang!"

"Haha, Mr. Bren has won the prize!"

After chatting for a while, the two sides started the topic.

Bu Lun would misunderstand and said: "Mr. Lin, Sunrise Company, our main partner in Xiangjiang; I have seen your products and I am satisfied, but if the price is not advantageous, we will not place an order for you!"