Hong Kong's new giants

Beginning of November.

On Monday, the Hong Kong government launched the first three auctions of official land in this fiscal year, and major real estate developers sharpened their swords again.

Beforehand, Lin Zuhui didn't want to participate, but in the end he felt that it was better to 'focus on participation', otherwise it would be too eye-catching.

Speaking of it, Lin Zuhui overestimated the major real estate developers in Xiangjiang. They don't actually have 'too much' market acumen (bah, the face of the time traveler), even the four major families.The reason why they were successful in the past was not that they anticipated the danger, but that they maintained reasonable debts to resist risks. Once they plummeted, they showed their "amazing guts" to buy bottoms.

Lin Zuhui is different. He is very keen on the market. He can predict the danger and reduce the weight in advance, and can buy the bottom immediately. With this ability, he can make several times the profit of the four big families in the face of a big opportunity.

In the past three months, the New Times Group has sold a large number of high-quality properties, which is not a secret news in the market; the sale of a Diligende Court is well known in Hong Kong.

How do you evaluate Lin Zuhui?

To put it more seriously, Lin Zuhui is "digging the meat to fix the sore", selling high-quality properties to invest in the sluggish shipping industry (8 million) and Wing On Group (8 million).

To put it mildly, the New Times Group has sufficient funds. Although the loan is high, it is less than [-]% and can continue to borrow to complete the big project - two large housing estates, Central Plaza, and the upcoming "Central Garden Road" king'.

People don't think that there is any danger coming, just like when the stock market is booming, it may not be effective for stock gods to stand up and advise stock investors.

The scene of the auction.

Seeing Lin Zuhui personally participating in the auction, Huang's father and son looked a little unhappy. They are good friends in real estate, but this is also a good friend in real estate; the last time Wanchai Land King lost, it has left a shadow on them.

Fortunately, Lin Zuhui's performance today seems to be weak, and none of the three lands were successful. On the contrary, Huang and his son became more and more courageous, and today they won two industrial lands, involving 2.1 million yuan.

The demand for industrial buildings in Xiangjiang has been sluggish, and the market has turned weak. However, developers can choose to demolish industrial buildings and rebuild office buildings.The Hong Kong government has also begun to accept the new concept of 'integrated industrial and office buildings', allowing industrial property rights holders to apply to the Town Planning Commission for changing land use and building buildings for both industrial and office purposes.

Therefore, it is understandable that Huang's father and son spent 2.1 million yuan to purchase industrial land.

At the end of the auction, Huang's father and son came to Lin Zuhui. Huang Tingfang smiled and said, "Lin Sheng, it seems that you don't like these three pieces of land today?"

In fact, Lin Zuhui has participated in the last three or four biddings, but contacting Lin Zuhui's real estate friends, today's performance can be considered poor, after all, they all came in person!

Lin Zuhui responded: "Industrial and residential land need to consider short-term value interests, unlike commercial land. It's not that I don't like it, but that Huang Sheng is too powerful, I admire it!"

It's a bit hypocritical, it's obviously [-] to [-]% more expensive than others!

Huang Tingfang was a little proud in his heart. He still regretted the failure at the last moment last time.But this time, he finally regained some face, and did not tarnish his reputation as a 'real estate friend'.

"Lin Sheng, I heard that the King of the Garden Road will be released this month, or if our two families unite, it will be a sure thing."

It was also Huang Tingfang's true idea to join if he couldn't beat him.

There are no eternal enemies in the business world, only eternal interests, not to mention that everyone is not an enemy, they are just competing at the auction, and it is impossible to make enemies.Otherwise, Xiangjiang would have too many enemies.

However, Lin Zuhui was silent for a while, and said hesitantly: "To tell the truth, Huang Sheng, the situation has been a bit complicated recently, and our investment has turned conservative. Therefore, the investment strategies of our two companies are different, so we can't cooperate!"

Huang Tingfang was taken aback, and said, "What Lin Sheng said...?"

He felt that Lin Zuhui was a little unfounded, but he didn't say it out.

Lin Zuhui nodded, and said, "I'm not sure about this, so the investment of Garden Road Land King is really too big for us. I'm sorry, Huang Sheng, for rejecting your kindness twice!"

Huang Tingfang said quickly: "Lin Sheng is serious, I believe we will have cooperation!"

Lin Zuhui nodded and said, "There will be!"

This is true, if it is a large-scale residential land auction, Lin Zuhui may not be keen on it.Because the cost is too high, the profit will not be too high, so joint bidding in the future is also a trend.

In the later stage, there will be some large-scale commercial and residential complex land auctions. Lin Zuhui will also adopt allies to give up about [-]% of the shares for bidding.The reason is very simple, everyone is a consortium, if you want to eat alone, you may be easily attacked by the crowd in the future.

At the auction, everyone greeted each other and then dispersed.

Lin Zuhui's goal today has also been achieved, which is to give everyone a feeling that he is 'exhausted'.Then when the Garden Land King invites bids, everyone will not target Lin Zuhui.

Especially Li Chaoren, Lin Zuhui snatched so many projects from him, there is no guarantee that this old YB has malicious thoughts.As long as he is targeted by Li Huangguan, with his financial resources, Lin Zuhui will suffer a lot.Of course, Li Chaoren's companies are all adjusting their investment strategies, and the proportion of foreign countries is increasing. It may not be malicious against Lin Zuhui, after all, it will cost a lot.

Therefore, his impression today is that he is not pessimistic about the prospects of real estate, nor is he as "generous" as before.

……

In the afternoon, Lin Zuhui met with Steve, the person in charge of Citicorp Xiangjiang.He himself maintains a very good relationship with Wanguobaotong. At first, it was because of Liang Botao's relationship. Later, the business between the two parties increased. Wanguobaotong has become the bank with the most loans in the New Era Group.

And Lin Zuhui's reputation is comparable to that of Li Chaoren, so naturally he is also highly valued by Wanguobaotong.

Steve was still surprised when Lin Zuhui proposed to use part of the equity he held in New Times Group as collateral for a loan of 20 billion Hong Kong dollars.The veteran tycoons in Xiangjiang are relatively conservative and rarely let their family debts be so high. You must know that Lin Zuhui's personal loans have reached 30 billion.

Steve asked, "Mr. Lin, what is the purpose of the funds?"

Lin Zuhui said: "The family's real estate investment, I think based on the operating conditions of my company, a 20 billion loan is still no problem!"

Steve nodded and said: "Of course, a loan of 20 billion is not a problem for you, but our bank is always cautious about large loans. But don't worry, I will give you an answer as soon as possible, and I won't keep you waiting. of!"

This is acceptable, after all, it is a large loan.

Lin Zuhui added: "I need a US dollar loan for [-] million Hong Kong dollars, and the payment will be completed in the United States."

Hearing about investing in the United States, Steve was naturally very happy. Over the past few years, rich people in Hong Kong have been favored by the governments of the United States, Canada, and Australia.

"No problem, Mr. Lin is welcome to invest in the United States. We Wanguobaotong are very happy to cooperate with you!"

The commercial project of Fuli Real Estate, the grandson company of the new era, in Los Angeles was a loan to Wanguotong.Therefore, even the U.S. headquarters of Wanguobaotong attaches great importance to Lin Zuhui, a new chaebol.

"Of course, we are partners!"

After sending Steve away, Lin Zuhui contacted various banks non-stop, intending to obtain a huge loan of 35 billion in total.Among them, 5 million Hong Kong dollars went to the United States, continued to invest in Microsoft, and increased its holdings to 2%.

The other 30 billion will be placed in Hong Kong, intending to buy real estate at the bottom.Together with his original funds, almost 80 billion Hong Kong dollars are in Xiangjiang.

Of course, if the real estate stock market plummets, these banks will also start to get nervous and come to ask about Lin Zuhui's situation. After all, his debt has reached 65 billion.

The reason why Lin Zuhui mortgaged the loan in advance was because of the depreciation of stocks. After the stock market disaster, the loan will mortgage more equity!

……

The next day.

Lin Zuhui held a secret meeting with the four horse-drawn carriages of the real estate department of the New Era Department.

Chen Xiaofen has been under a lot of pressure recently, and her complexion is not very good at first glance. Lin Zuhui is considerate of his subordinates: "I am already very satisfied with the results of your sales department, and I will do my best in the future!"

At this time, the real estate profit of New Times Group in the first four months has reached 7 million yuan (calculated by using the profit of a single real estate to calculate the net profit), which is already quite good; even if it slumps in the second half of the year, the profit of 4 billion yuan in eight months is still not enough question.

New Times Group has made a lot of money this year due to foreign exchange and index futures, and it is estimated that it can make a net profit of 20 billion.

Cheung Kong only made a profit of 20 billion last year, and Sun Hung Kai only made 18 billion; that is to say, the profit of New Times Group this year may exceed that of Cheung Kong.

Although non-real estate profits account for a lot, Hong Kong real estate has a tradition of investing in securities. In his previous life, Li Chaoren even invested nearly 1989 billion in securities after 60.However, Li Chaoren's investment in securities targets some partners in order to increase Changshi's influence.

Chen Xiaofen quickly said: "Thank you boss for the compliment! It's mainly because some sensitive speculators and agents have become cautious, so sales are really difficult. After all, we are equivalent to concentrating the sales of the first eight months on the first five months of this year. "

Lin Zuhui nodded. It seems that Chen Xiaofen has been under a lot of pressure recently and knows that it is difficult to ask.

However, Lin Zuhui is aware of the situation. Speculators and agents in Xiangjiang are more sensitive than ordinary people. Generally speaking, after the real estate plummets, if speculators enter the market, it means recovery.After all, Xiangjiang's speculators and rigid needs are half and half ingredients.

In the 90s, speculators once accounted for [-]%, and those who just needed [-]%.After the government introduced a number of measures, the situation has improved a bit.

Therefore, if the high housing prices were all attributed to the real estate developers, I am afraid that Lin Zuhui would call, 'You are wronged, Mr. Bao! '

The British Hong Kong government accounts for [-]%, Hong Kong speculators account for [-]%, and real estate developers account for [-]%. This is the best answer!

"Just do your best!" Lin Zuhui finally said.

Chen Xiaofen nodded!

Then, Lin Zuhui said to the general manager Chen Bin: "Starting in June, we can start to slowly increase the site and start construction. You have to be prepared too!"

"No problem, I'll organize it!"

Next is the main event!

Lin Zuhui asked: "How much money has been withdrawn from the futures index? How is the foreign exchange account?"

New Times Group’s real estate profit last year was 15 billion (annual profit of 16.5 billion), and this year it is expected to be only 11 billion. It can be said that it has turned around thanks to financial investment.

Of course, if you count the non-recurring profit from the sale of rental properties, New Times Group can be regarded as a proper profit giant this year.

Liang Zhenxun said: "The futures index has been delivered, and we have obtained a total net profit of 3.8 million yuan and withdrawn funds of 6.8 million yuan. Now the foreign exchange investment situation of the dollar against the yen is very good, and it has already opened at 134 points today. According to this trend, there is still a lot to do in the short term. Big upside... In the foreign exchange account, our current profit is just over 5 million yuan, which is equivalent to 10 billion yuan in funds that can be withdrawn."

The financial return is already equivalent to picking up Xiangjiang Shipping for nothing.

In short, when it plummeted, the New Era Group had 50 billion in cash (including foreign exchange cash) lying in its account, and of course 50 billion in debt (the interest was 4.5 million a year).

It can be said that the finances are very advantageous!

Recently, New World Development was in the hands of Zheng Jiachun, and the debt quickly rose from more than a billion to 45 billion.Looking at the trend, there is no problem with New World Development's debt of 90 billion this year.As far as Lin Zuhui knows, New World Development also wants to take back half of the equity in the two hotels in the exhibition center from the Grand Hyatt Hotel Group (half of which was sold earlier).

Lin Zuhui has already begun to prepare to get the wool from New World. It turns out that New World will sell a lot of high-quality properties in the later stage to reduce debts, especially the rights and interests of the convention and exhibition center, which is worth Lin Zuhui's hands.

Although New Times Group has a lot of debts, Lin Zuhui actually reduced his debts through finance, while New World Development can only sell high-quality rental properties to reduce its debts.

Lin Zuhui asked Liang Zhenxun again: "As for those owners who have a large number of land exchange rights and land, how is your investigation?"

Liang Zhenxun nodded and said: "Well, we have already mastered quite a lot of resources! We even found a land exchange worth 4000 million from a will, but the beneficiary has immigrated abroad. When the opportunity is right, we will organize people to go Find the beneficiary abroad and buy him!"

Lin Zuhui was taken aback, there is such a thing?

"Well, you need to fully understand the market now. I can tell you responsibly that storms are coming...Moreover, you have to work hard to stabilize the company's people, and don't cause a large loss of talent."

The securities and real estate plummeted this time, which came hard (30% to 40%), and recovered very quickly (1 year); it can be said that such a good opportunity will never be found again.

It took 1982 years to recover from the slump in 3.Xinhe went to buy bottoms, and almost closed down the company (non-family power). After all, real estate companies rely entirely on interest, and the longer the slump lasts, the higher the interest rate (15% in the year).

"Yes!"

Everyone didn't doubt the boss's vision, he was the one who had predicted the August [-]th stock market in great detail, and no Wall Street elite was worthy of giving the boss his shoes.

The boss never invests blindly. Once he invests in finance, he has a characteristic of "quick and accurate", and he will not drag his feet in the slightest.

Chapter 300 【The plunge is coming】

In the evening, Lin Zuhui got off work and returned to the "Lin's Palace" on Nanwan Road. He himself is a wealthy businessman with relatively few entertainments; except for some important entertainments, which he will personally attend, all others will be declined and senior executives will be asked to go on behalf of the company. .

There is a beautiful wife and concubine at home, how can there be no reason not to be nostalgic!Logically speaking, husband and wife are seven years of oxygen, but it is obviously not suitable for the Lin family, because his time has been diluted and shared among everyone, and it may be two or thirty years of oxygen.

When we got home, everyone had come to villa A, ready to have dinner together.As soon as Lin Zuhui stepped into the gate, three or four women came forward. Some took his briefcase and put it away, and some prepared slippers. It was quite popular.

Visually speaking, the character played by Zhang Fengyi in "The Fog City" in his previous life had seven wives, and whoever donated the most to the Anti-Japanese War would sleep with them.All of a sudden, the seven girls donated money one after another.

Women are so rare to be in charge!

Even when Lin Zuhui came to the bathroom, Li Jiaxin followed, and then handed a towel to wipe his hands.

Have a good day!

"Wave"

Lin Zuhui rewarded Li Jiaxin first, and the woman immediately smiled brightly.

"Brother Hui, let's go shopping together on weekends?" Li Jiaxin said carefully.This is stealing, so it is naturally not good for others to see.

Lin Zuhui immediately said: "Is there any benefit for me?" The words between lovers are just like this.

"Hate it! You have the final say!"

"That's no problem!"

In terms of personality, Lin Zuhui is exactly the same as Liu Luanxiong and other emerging rich people, that is, hedonism; therefore, he also enjoys the pleasure brought by shopping.

Many millionaires in Hong Kong have this situation. Yang Shoucheng smokes more than 40 cigars a year, and Chen Yanhua, the king of cotton yarn, drinks mineral water worth 20 yuan from Jomon Island in Japan every year. Even Wang Dehui and his wife are stingy. Dogs also cost millions, which can be described as 'loving a dog like a child'.

The two came to the restaurant together, which inevitably aroused everyone's scrutiny. Did the most favored sixth son get any benefits?

Lin Zuhui sat down calmly and began to enjoy the food!

The whole family sits together and eats happily, and the children are taken care of by their own nanny, and the children are hugged after eating.

During the meal, Lin Zuhui said: "Those who hold the LEIT Group, I will ask Hengjin Investment to help you sell 1% of the shares. Don't spend it. I will buy it back later!"

This time, his own holdings have not been moved, the reason is very simple, if once the stock plummets, he has no way to buy it immediately, because he holds more than 35% of the shares, and it is easy to touch the offer of a general takeover once he buys.The only way can only be, after six months, buy stocks, even if it touches the offer of a full buyout, anyway, the full buyout at the highest price, and no stockholders will hand over their chips foolishly.

But this time the stock rebounded very quickly, so it is not suitable for such an operation.Moreover, his identity is not good for doing this repeatedly, and he will be scolded.

He doesn't do it, but he can make these women earn millions, which is enough for everyone to spend for a while.

And, after this slump, these women can all buy cheap housing units.And Lin Zuhui himself is buying villas, commercial buildings, blue chip stocks and other large-scale commercial activities.

The division of labor is clear, and you can eat all you want at once!

The eyes of all the girls brightened. The man said this, which meant that it was an opportunity to sell high and buy low, and it seemed that he had to make a fortune again.

Li Jiaxin said immediately: "Then why don't you sell more?"

Lin Zuhui took a look at this woman. Why was his investment awareness so weak when his grades were so good?

At this time, Guan Jiahui said triumphantly: "You want the stock of LEIT Group to collapse, the five of us own 5% of the shares (Li Zi can't hold it), and selling so much in a short period of time, the company's Credibility will take a serious hit. Little idiot, hee hee!"