Hong Kong's new giants

If they play Gong Xin Dou, Lin Zuhui will watch the show!

In fact, none of them can control this group, and they are only directors.

Guan Jiahui said at this time: "What I bought for 1000 million is the stock of LEIT Group!" After finishing speaking, she seemed a little proud.

Lin Zuhui said with a smile: "You bought [-]% more expensive!"

When the market value was the highest, LEIT Group’s stock was 20 billion, but now it has fallen by 40% in two trading days, leaving only more than 12 billion;

Therefore, it is [-]% expensive to buy.

"It's not expensive. I'm making a long-term investment." Guan Jiahui said with a good face.

But she didn't feel much heartache, she was already much richer than Wang Zuxian and Cai Ning!

Lin Zuhui nodded, expressing comfort!

After dinner, Lin Zuhui came to Guan Jiahui's bedroom, and the woman greeted her in surprise.

Lin Zuhui hugged her and said with a smile, "How much did you lose?"

Guan Jiahui said with a heartbroken face: "With a market value of 1000 million, only 620 million is left!"

"I'll make it up for you for 380 million. Don't affect my son's mood. His father has made billions recently, and his mother has lost more than 300 million, which makes others unhappy all day long!"

"How could I be unhappy, I didn't affect him!"

Guan Jiahui stroked her stomach happily.

……

The next day.

Lin Zuhui came to the office of Huaren Real Estate and invited Gao Yi, the general manager.

"Chinese Land acquired the entertainment building of its subsidiary China Entertainment for 4 million Hong Kong dollars, and prepared to rebuild it!"

Gao Yi's spirit was shaken, this is the sixth building of China Real Estate, and it is already one of the largest Chinese real estate companies in Xiangjiang.

Huazhi Center is a twin building, a 42-story building and a 48-story building, with a total of 86.8 square feet of rental properties;

The Royal Building is 18 stories high, with a total of 41 square feet of rental properties;

Harcourt Building is 27 floors high, with a total of 43 square feet of rental properties (mostly shops);

Hongji Building is 20 floors high, with a total of 13 square feet of rental properties;

After the reconstruction of the entertainment building, it can reach 32 floors and a rental property of 17 square feet;

Chinese Land also owns scattered rental properties worth nearly 15 billion, with a rental area of ​​about 40 square feet.

A total of more than 240 million square feet of rental properties!

Lin Zuhui seems to remember that Hysan Land is known as a "small land", and the rental property area by the end of the 80s was only 270 million square feet.

"Then China Entertainment has 4.5 million in cash in its account, and after paying off the debt, there is still 4 million! How will this money be used?"

Lin Zuhui said directly: "Preparing for dividends, Huaren Real Estate will return more than 2 million cash!"

Gao Yi nodded. He was the boss' confidant, and he quickly understood Lin Zuhui's thoughts.

"After the dividends are paid out, China Entertainment only has high-quality rental properties worth 8000 million yuan. Do you want to sell another property worth 5000 million yuan to Huaren Real Estate?"

Before the stock market crash, China Entertainment had already sold properties worth tens of millions, and then paid off its debts.

"Yes! It can be packaged and sold directly, and dividends are being prepared. As for the shell of China Entertainment, if someone asks, you can say that I have personally reserved it."

"Ok!"

Chinese Real Estate has 7.7 million in its own account, and this time it spent 4.5 million, but it can be distributed as a dividend of 2.5 million, which is equivalent to only spending 2 million.

Then, Lin Zuhui told Gao Yi about his idea of ​​rebuilding the entertainment building: "For the design of the new entertainment building, you can contact P&T Architects and Design Office, the style I want is a neoclassical skyscraper. "

Gao Yi said: "Okay, I must ask them to come up with the best plan for the boss!"

After Gao Yi left, Lin Zuhui began to calculate.

Huazhi Center has been capped in the first half of the year and will be put into use in the first half of next year;

At that time, according to the current property area standard of Huaren Property, the annual rent net profit will be around 6 million.

Based on this consideration, in the first half of next year, Huaren Property should borrow heavily to carry out a new round of expansion.

……

In the afternoon, Lin Zuhui came to Hengjin Securities.

Lin Zuhui called several high-level executives in Hong Kong, and first said: "Prepare to close the positions of the global futures and index contracts and return the funds. Li Hao, you lead the team to supervise the return of funds."

The general manager Li Hao nodded quickly and said, "No problem, we are ready!"

Lin Zuhui paid a salary of 2000 million yuan to raise an army for a thousand days and use it for a while, which is now in handy.With the human resources of Hengjin Securities, it is definitely at the level of a large investment company in Xiangjiang.

"Manager Yang, your HR department contacted an international headhunting company to help me form a global investment consultant team, and if there are good candidates, I will be notified for an interview."

"No problem, boss, I'll finish it as soon as possible."

"Also, adding offices in Los Angeles, Vancouver, and Sydney is in the name of Hengjin Investment."

"Yes, boss!"

The arrangement of each task is to prepare for Lin Zuhui's family funds and its companies to go overseas. Now Lin Zuhui has a personal cash flow of 80 billion (including futures contracts and foreign exchange funds). If you invest in a leveraged situation, you can invest The scale of more than 300 billion.

Also, the New Era Real Estate Department and the LEIT Group will choose to invest overseas, so it is just right for Hengjin Securities to expand its scale.

After the August [-]th disaster, strengthening investment in Xiangjiang is the core, and overseas expansion is the strategy; of course, Xiangjiang accounts for the majority of the investment. After all, Lin Zuhui does not have enough strength to expand overseas.

Chapter 216 [Grand Hotel in Power]

Thursday, November 10.

In the meeting room of the big hotel, the eyes of all the directors and executives looking at Lin Zuhui have changed; and as the initiator of this meeting, Lin Zuhui enjoys everyone's admiring eyes.

It turned out that in September, under the suggestion of Lin Zuhui, the hotel issued 10% new shares, and the rights issue raised funds to obtain a cash flow of 7.5 million.

Today, this amount of money is equivalent to a 'sharp weapon' for the development of a big hotel.

Through this incident, Lin Zuhui has established a great prestige in the hotel;

If the chairman of the board of directors is re-elected, Lin Zuhui may not lose to Michael Kadoorie.

At this time, Michael Kadoorie could only watch helplessly as Lin Zuhui's influence on the board of directors increased. He only now realized what his father said, "Lin Zuhui is a tiger and wolf, and being on the board of directors of a big hotel is absolutely necessary for the Kadoorie family." great influence'.

Even Michael Kadoorie heard some rumors from Xiangjiang: Lin Zuhui sold all the securities and futures contracts he invested in before the stock market crash, and obtained a large amount of cash flow, which not only repaid his personal debts, but also had surplus; Its listed companies have successfully reduced their debts before the stock market crash, and have become high-quality companies in the eyes of banker Yan.

This is definitely not a good thing for the Kadoorie family, because it means that Lin Zuhui has the strength to privatize the hotel, and the Kadoorie family can only be out of the game.Even, before this board meeting, Lin Zuhui intentionally or unintentionally revealed the meaning of "do not hesitate to privatize".

Michael Kadoorie said a few words briefly, and then threw the topic to Lin Zuhui.

"Vice Chairman Lin, the board meeting is entrusted to you!"

Lin Zuhui nodded. Since the shareholders' meeting, he has been forbearing in the big hotel, and it is time to take power now.

He didn't want to be a decoration on the board of directors of the big hotel.

"I'm calling everyone this time to formulate a strategy for the development of the big hotel for the next year!"

Michael Kadoorie's eyes suddenly jumped up, he secretly thought it was bad!

A kind of directors and senior executives were a little surprised, and some people also looked at Michael Kadoorie.

Lin Zuhui said bluntly: "I have three development strategies. If I tell them today, everyone can discuss them freely!"

"The first item is to redeem the equity of The Peninsula Hotel in Manila. I have said this before, and I will say it again today. The reason is very simple. The political turmoil in the Philippines is an opportunity. At this time, the 5000% equity of the Peninsula Hotel in Manila, We can redeem it with less than [-] million Hong Kong dollars. And once the situation in the Philippines stabilizes, we can recover the cost in only one to two years."

Lin Zuhui knew that the political situation in the Philippines tended to be stable from 1989 to 1991. Although the economy did not develop at a high speed, it was also stable and excessive. In 1992, the Philippine economy began to recover.

Before the stock market crash, Lin Zuhui raised this opinion, but although the board of directors had the intention, they did not take specific actions for a long time, which aroused Lin Zuhui's dissatisfaction.

A director immediately said: "I agree with Vice Chairman Lin's strategy. As the economic center and largest port of the Philippines, the Peninsula Manila can bring huge profits once the political environment stabilizes. In today's environment, it can Let us repurchase all the shares at a minimum cost, it is a very cost-effective investment."

Michael Kadoorie didn't understand this truth. He just deliberately planned to finish it later in order to reduce Lin Zuhui's influence.

Many directors echoed this strategy!

Lin Zuhui then said: "Let's start voting. After the vote is passed, we will start action immediately!"

Soon, this article was unanimously approved, and Lin Zuhui took the opportunity to name a high-level executive, asking him to take full responsibility for this matter and implement a responsibility system.

Lin Zuhui continued: "The second strategy is that the global stock market crash will have a profound impact, especially on the U.S. economy. We also have to prepare for the redemption of the equity of the Peninsula Hotel in Los Angeles and the Peninsula Hotel in New York. .”

These two peninsula hotels are both joint ventures with American companies!

In the previous life, together with the Peninsula Hotel in Bangkok, the Kadoorie family of these three hotels spent nearly US$1994 billion to redeem the remaining equity in 10.

Everyone looked at each other in dismay, because the plan was too big, even with the market after the stock market crash, it would cost more than 20 billion Hong Kong dollars, and the peninsula hotel's account was only 11 billion Hong Kong dollars.

A director said: "How serious the impact of this global stock market crash on the US economy is, it is still unknown!"

Lin Zuhui said with a smile: "How big the impact is, there are signs of it now. But I think whether there is any impact or not, we should actively acquire the equity of these two hotels, because we now have funds to drive, and the rest of the funds Bank loans can also be used! As long as we redeem the remaining shares, our annual profit will greatly increase. If we don’t take the opportunity to redeem this time, we will spend several times the price in the future.”

As Lin Zuhui's subordinate and also the director of the hotel, Lu Donglai immediately added: "It is a very good congenital condition for us to complete the rights issue to raise funds before the stock market crash!"

One kind of directors nodded one after another. Before the stock market crash, they completed the rights issue to raise funds and obtained 7.5 million in cash, which made the hotel very competitive.The market value of the big hotel has dropped by only 60% (the current market value is [-] billion), and it is considered the most popular blue chip stock in Xiangjiang, second only to HSBC, Landmark, Wharf, and Hutchison Whampoa.

At this time, Michael Kadoorie said: "If it is really possible to negotiate next year, I am afraid that these two investments will cause the big hotel to bear 10 billion to 15 billion in debt. The big hotel has always been operating steadily, is it too big a step?" , we can choose to repurchase shares one by one!"

Inadvertently, Michael Kadoorie gained everyone's approval. Of course, he also wanted to take advantage of this rights issue to raise funds to buy back the shares of a hotel. After all, with so much cash, he had to find a way out.

Lin Zuhui had been prepared for a long time, how could he let Mi Gao spoil his own prestige!

"No need to worry about debt, the third development strategy I mentioned can solve this trouble!"

Mi Gao was taken aback. Could it be that this guy can make money out of thin air?

You know, the current stock market is a bad market, and it is impossible for anyone to respond to the rights issue!

Lin Zuhui didn't keep everyone waiting, and said: "As for the company's so many debts, I think we can spin off the real estate business under the big hotel after the stock market recovers next year, and take part of the cash to repay debts or develop the company." !"

The so-called spin-off listing is equivalent to a big hotel (listed company) packaging its real estate business, selling part of its shares to the public in accordance with the listing regulations, and the parent company can extract a sum of cash for development, and there is an additional listing Subsidiary.

In the previous life, the Kadoorie family said they would not spin off the hotel, but in 1988, they also split and reorganized the real estate business.

Everyone's eyes lit up, this method is really good!

Even Mi Gao believes that he plans to spin off the hotel business and real estate business next year.

"Then let's vote!" Michael Kadoorie said directly, and he raised his hand first to show his support.

Unanimously approved!

The three proposals put forward by Lin Zuhui today were all approved.

After the meeting, Lin Zuhui came to Mi Gao's office.

After sitting down, Michael Kadoorie said, "Lin Sheng, I want to ask a question, have you ever thought of buying a big hotel?"

Lin Zuhui nodded and said, "I really want to! And my funds are not under pressure!"

Mi Gao's heart was shocked, he believed what Lin Zuhui said was true!

At this time, the net assets of the big hotel are more than 70 billion (appreciation of assets, plus funds and profits obtained by rights issue, etc.), and the market value is 60 billion. If it is fully acquired, Lin Zuhui will need almost 50 billion (a premium will be paid) .

"Then why don't you initiate a full takeover?" Michael Kadoorie said with the restlessness suppressed in his heart.

"It's very simple. I'm not good at running big hotels, and I also need the Kadoorie family name." Lin Zuhui said frankly.

In the final analysis, the Grand Hotel has been deeply imprinted by the Kadoorie family, and the old aristocrats are not in vain.

Michael Kadoorie asked again: "Would you be nervous if we increased our stake?"

Lin Zuhui laughed so arrogantly!

"No, I support you to increase your shareholding!"

Michael Kadoorie suddenly showed a wry smile, and said: "I think you think that our family will have no funds to increase its holdings for a while, and then when our holdings exceed yours, we will launch a comprehensive acquisition at all costs."

Lin Zuhui is noncommittal or not!

The Kadoorie family really didn't have the strength to increase their holdings to 34% in the last year, otherwise they wouldn't have been attacked by Luo Xurui twice in their previous life.As for the Kadoorie family daring to initiate a full takeover, Lin Zuhui will also accompany him.

At that time, it will be a loss for both parties.

"Well, I choose to cooperate, I believe we will be the best partners!"

Michael Kadoorie took the initiative to extend his right hand and truly accepted Lin Zuhui to join the hotel.