Hong Kong's new giants

Cen was one of the first batch of newspapermen in Xiangjiang. "Overseas Chinese Daily" has a history of nearly 70 years. Cen Caisheng is two years older than Jin Daxia. I'm afraid I have some feelings today.

Lin Zuhui nodded and said, "Earlier this year, he revealed that to me. At that time, I thought he was joking! It seems that today, he is going to announce the news officially!"

Cen Caisheng asked tentatively, "Are you interested in accepting Ming Pao Group?"

Lin Zuhui shook his head with a smile, and said, "Although I have a good personal relationship with Jin Daxia, when it comes to such a giant as the Ming Pao Group, Jin Daxia will not be emotional. But if there is hope, I will still fight for it!"

Cen Caisheng nodded. He knew that Lin Zuhui was passionate about the media. Of course, Lin Zuhui was not so passionate about the media as he was about the influence the media brought him.

"Are you interested in Huaqiao Daily?" Cen Caisheng finally expressed his thoughts and asked directly.

Lin Zuhui was taken aback, but Cen Caisheng took the initiative to recommend it.He has no idea about Huaqiao Daily, which is almost 70 years old, because he knows that this newspaper collapsed in the newspaper industry war in 1995 in its previous life.

During this period, Huaqiao Daily was sold by Cen Caisheng as early as 1991. The buyer was Australian media tycoon Rupert Murdoch, who belonged to the subsidiary of South China Morning Post.Afterwards, it changed hands many times and tried all kinds of struggles, but the suspension of publication was still unavoidable. Even the Governor of Hong Kong felt sorry for it. After all, it was a newspaper for 70 years.

Lin Zuhui asked curiously, "Are you planning to immigrate?"

Cen Caisheng said with a smile: "I am old, why do I still emigrate! Now that the operating costs are increasing and the salaries of employees are constantly rising, so "Huaqiao Daily" may have more room to survive under the big group!"

Lin Zuhui thought to himself, this is quite reasonable. When the newspaper industry war started in the 90s, only tabloids would close down. It is normal for a few tabloids to close down in a year.

This is why Lin Zuhui built Wanhui Media into a comprehensive company that focuses on property investment and comic development. In this way, Wanhui Media will not go bankrupt even in 2020.At most, it is converted into an investment company.

Lin Zuhui thought for a while, and said: "Old Cen, you are not in a hurry anyway, we will talk about this matter later. At present, "Huaqiao Daily" has not reached a point. If you still intend to sell it in a year or two, I am willing to sell it." Take over."

Cen Caisheng nodded, this is a good choice!

For Lin Zuhui, tens of millions can buy a 1-year-old signboard at that time, and then divide the work to focus on the group. Even if "Huaqiao Daily" cannot be saved, at least it will not lose money.

Since the 90s, Wanhui Media has monopolized Xiangjiang's newspaper industry to increase its influence for himself.

He is not short of money. For example, if Wanhui Media buys a property worth 10 billion yuan, it will make a net profit of [-] to [-] million yuan a year later, which is equivalent to buying a Ming Pao Group. Think about how easy it is.

After a while, after all the guests arrived, Jin Daxia delivered a speech.There are some testimonials as usual before, and finally: "Finally, I am here to announce a personal decision: I intend to resign as the president of Ming Pao and only retain the chairmanship of Ming Pao. I have carefully considered this decision... I I will gradually fade out of the newspaper industry and do my favorite things, such as reading!"

All of a sudden, the participating guests whispered, this is big news!

Anyone who is not stupid knows that Jin Daxia intends to sell Ming Pao Group!

Many people even looked at Lin Zuhui one after another. Isn't this person the best choice?

Of course, maybe not necessarily, Jin Yong may not hope that "Ming Pao" will become just a newspaper of Wanhui Media!

Lin Zuhui smiled faintly, making it difficult to see his true inner thoughts.In fact, the sales volume of "Daily Daily" has approached 40, and it has become the newspaper hegemony in Xiangjiang. The reason why "Ming Pao" is valued by Lin Zuhui is because Lin Zuhui wants to try to make it more successful in overseas Chinese cities.

At the end of the tea party, Lin Zuhui chatted with Jin Yong's three younger brothers: Huang Zhan, Ni Kuang, and Cai Lan.

Recently, the three of them collaborated on a program on ATV - "Undefended Tonight". This program was not proposed by Lin Zuhui, but by the management of ATV.In fact, Lin Zuhui just forgot it. Fortunately, it was planned by ATV.

"Boss Lin, do you welcome me to participate in the "Millionaire" you handpicked? I went to ATV and asked to sign up. They said that I belonged to ATV's partner recently and refused to let me register!" Huang Zhan said with a smile .

Lin Zuhui responded: "I think it is feasible! But in the future, we will open a celebrity-only show!"

The three younger brothers couldn't help showing admiration. What ATV's management couldn't handle, others could handle with a single sentence, and it wasn't the use of power for personal gain, but the method used.

After chatting with these people for a few words, Lin Zuhui left.

Of the so-called "four great talents", the other three are of course not at the same level and status as Jin Yong; after that, Huang Zhan's status in the world is much higher than that of Cai Lan and Ni Kuang.

Of course, the so-called talented people are not enough to look at in front of Lin Zuhui!The reason why they agreed was because of Huang Zhan's face. He often cooperates with ATV, and this year's beauty pageant also has him.

Chapter 311 [Telecom!telecommunications! 】

Monday, May 7.

In the office of Huazhi Center, Lin Zuhui is looking at the "Hong Kong Telecommunications Industry Report" written by Lu Donglai and Yang Baolin.

The comprehensive department of New Era Group currently includes: retail (Site Convenience, Yonghui Supermarket), infrastructure (10% stake in Tate’s Cairn Tunnel), ports, and telecommunications.

Among them, ports and telecommunications are the areas that Lin Zuhui will prepare for this year, because next year, No. 8 Kwai Chung Container Terminal, No. 2 and No. 3 mobile phone licenses will start bidding.

Looking at the information in his hand, Lin Zuhui thought carefully:

Hong Kong Telecommunications Corporation (British Dadong Holdings) has monopolized Hong Kong's telecommunications industry for a century. The company's strength is second only to HSBC Group. It controls the patent rights of local fixed telecommunications and international telecommunications, and has 1.6 employees.

The Hong Kong local telephone patent will expire in 1995.There will be a life-and-death contest for the grant of new patent rights.This year, Hong Kong Telecom has resorted to a unique trick, first "cutting the Hong Kong telephone patent into a piece of flesh and bones"-that is, canceling Hong Kong (local) telephone charges.In this way, the battle for patent rights is undoubtedly "dogs fighting for meat and bones".Hong Kong Telecom does not feel bad about abandoning it; the new patent right holders are tasteless, and will not be profitable for at least a few years.

The overseas telephone patent owned by HKT will expire in 2006.Overseas telephone revenue is the bulk of the company's profits, and it can enjoy 16 years of patent rights.Before the expiration, Hong Kong Telecom will go all out to strive for the patent right after 2006.

Of course, local telephone patents are by no means unprofitable, because: Although the right to operate local fixed-line telephone network services does not include the right to operate international telephone networks.However, when anyone makes an international call and picks up the phone to dial, the message must first pass through the local network before reaching the gateway of the international telephone network and then sent outside Hong Kong.At the same time, the principles of international calls and faxes into Hong Kong are the same.Therefore, if anyone uses the new network to make or receive international calls in the future, if the new network is directly connected to the international call channel, HKT will have to pay the new network operator an average per minute?Delivery fee in Hong Kong dollars (about 1.05 yuan per minute, will be specified when the government invites tenders).

Because the local telephone patent needs to expire in 1995, but it is estimated that the tender will be called for in 1993. The matter is not urgent!

However, in addition to overseas telephone patents and local telephone patents, there is also a field of telecommunications - mobile phones (cell phones) and pagers. This field does not belong to the "patent business".

Since the late 80s, the innovation of mobile communication tools has enabled the rapid development of Hong Kong's non-proprietary telecommunications industry.Mobile phones (cell phones) and wireless pagers (BB machines) have increasingly become necessary communication tools for interpersonal communication.

In the field of non-patented communication, Hutchison Communications is currently the only one. At present, it has 100 paging stations, serving 23 customers, and occupying 50% of the Hong Kong paging market; and Hutchison Telephone also occupies Hong Kong 55% of the total cellular mobile wireless telephone service, currently has more than 5 customers.

The reason why Lin Zuhui started to intervene now is because he knows that the Hong Kong government will allocate two mobile phone licenses next year, and Hong Kong Telecom must have one license, so the remaining license will naturally fall into fierce competition.

Of course, Lin Zuhui also knows that licenses will be issued in the future, and even CT2, the second-generation mobile phone license, will be issued soon.

Therefore, this year he wants to form New Times Group's "Times Telecom" to a certain scale, starting with the simplest pager license, and then quickly catch up with British or European companies that have "European digital system GSM" technology, and then participate in Next year's mobile phone license bidding, and launch of GSM mobile phones.

It doesn't matter if you don't have the technology, then find a company with technology to cooperate with, preferably a British company, which is conducive to winning the bid.

It doesn't matter if you don't have experience, you can immediately buy a paging company. That year, Hutchison bought seven paging radio stations and launched wireless phones first, establishing its dominance in the non-telecom patent field in one fell swoop.

Therefore, as long as New Era Group has money, it can still get a share of this industry.

in the afternoon.

Lu Donglai, the person in charge of the comprehensive department and a director of the group, and Yang Baolin, the general manager of Times Telecom, came to Lin Zuhui's office.

Lin Zuhui said: "The telecommunications department has been fully established, right?"

The market research has already been done. Obviously, the New Era Group has been preparing for a lot of time.

Yang Baolin quickly said: "The establishment has been completed, and the information of the paging radio company has also been prepared."

Lin Zuhui nodded and said: "Well, quickly initiate the acquisition of the paging radio station. The Hong Kong government will issue a mobile phone license next year. We must have a certain strength to be qualified to intervene in this field. Therefore, when you enter the paging field At this time, we have to consider cooperating with European telecom operators so that we can launch GSM mobile phones!"

Yang Baolin seemed to be well prepared, so he said, "Well, I can complete the tasks you gave this year."

Lin Zuhui said with satisfaction: "That's good, the group has sufficient funds, and now we have to grasp all aspects, and all aspects must be tough!"

"it is good!"

Lu Donglai is actually a little strange. Is the group really rich in funds?

Even if it is ample, but with the boss's spending speed, the debt may be more than 100 billion by the end of the year!

After Yang Baolin left, Lu Donglai said: "Boss, Hailu Container is very interested in our proposed cooperation and plans to visit you!"

Lin Zuhui nodded, and he gave a big bait, that is, New Times Group will only buy 50% of its shares, and Sea-Land Containers will retain 37% of the shares; then, Lin Zuhui will lead the bidding for the next Kwai Chung Containers.

For sea and land containers, whether they want to withdraw or stay, this plan is very tempting.If you withdraw, you can make a profit now; if you stay, with the leadership of a local named Lin Zuhui, Hailu Container may not be able to win the No. 8 Kwai Chung Container.

"Okay, what's the status of the contact with the European shipping service of Modern Container Lines and the British Railway Shipping Company?"

"The contact was made, but they didn't give a clear answer, as if they didn't want to sell it very much! But I guess, they may still be considering it, and we haven't made an offer, so they are not enthusiastic."

Hearing this, Lin Zuhui thought for a while before saying, "I'll ask HSBC to help us test it out!"

"Ok!"

Lin Zuhui didn't directly harm anyone's interests by doing these things. It can only be said that he was buying high-quality shares and making investments.Even if he succeeds, in the eyes of everyone, his ambition may not be seen, at most he wants to invest in the container terminal industry.

Because the reputation of International Containers and Li Chaoren is too great, no one would have thought that Lin Zuhui would dare to launch a real challenge.

In the past, the several confrontations between Lin Chaoren and Li Chaoren were not actually direct confrontations. After all, the bidding was always for the highest bidder, and the two of them were not the only ones who were qualified.

And if Lin Zuhui woos everyone to bid for No. [-] Kwai Chung Container Terminal, he will be in direct combat with Li Chaoren, and anyone with a discerning eye can see the smell of gunpowder.

……

The next day.

New Times Group and Citicorp Bank, the two companies held a signing ceremony and invited reporters to witness.

New Era Group sold 7% of the equity of "Garden Land King" to Citigroup Bank at a price of 8000 million yuan (with a profit of [-] million yuan).

At the same time, New Era Group, Citigroup and Hengjin Real Estate (Lin's private real estate company) jointly invested in 'Citizen Plaza'.

The construction fees and taxes in the later period are naturally completed through the loan from Wanguobaotong.

After the signing ceremony between the two parties was completed, both Lin Zuhui and Steve were interviewed by on-site reporters.

Reporter: "Mr. Lin, what kind of building is Wanguotong Plaza? Does your company have a preliminary plan?"

Lin Zuhui smiled and said: "You are really asking the right question. As early as half a year ago, we were already planning this project. At present, the preliminary plan has come out, and the next step is to refer to the opinions of Wanguobaotong. The general plan is: we plan to build two high-end office buildings with intelligent structure operation, each floor has an elevated platform floor, and has an optical fiber central communication system. On the square platform, a 47-story Citibank Bank Building , a 37-story Yatai Financial Building with a total floor area of ​​166 million square feet..."

When it comes to construction topics, Lin Zuhui is not only eloquent, but also extremely professional. This is what all reporters think, and he is indeed a great friend of real estate.

The reporter asked a few more questions, and Lin Zuhui answered them all.

There is a question that also involves the core strategy of New Era Group, but Lin Zuhui has no choice but to express his opinion.

Reporter: "Currently, Xiangjiang Real Estate is in a downturn. Some people say that it will become an airport. I would like to ask Mr. Lin, whether New Times Group will follow other companies and invest funds overseas?"

Undoubtedly, this question is a bit tricky!

However, Lin Zuhui said generously: "In addition to considering investing in the mainland, New Times Group will not consider transferring funds overseas for the time being. Our policy is still based in Hong Kong and developing here."

applause!

Next, the reporter also asked Steve, the representative of Wanguobaotong.

"I would like to ask President Steve, how does Citicorp think about this 'Cititel Plaza' project?"

Steve said confidently: "The central location of Wanguotong Plaza has redefined the banking center in the central district. We are very confident!"

At this time, the banking center in the Central District should be HSBC and Bank of China Tower.

Of course, this will not affect the relationship between Lin Zuhui and HSBC.

The press conference that day quickly spread throughout Xiangjiang, but the real estate should still be depressed. After all, Lin Zuhui can only represent himself.

Everyone's fear will not be less, so this mood may last until the end of the year.

Then it can also be analyzed that, in fact, after December, Xiangjiang's real estate began to pick up.After all, as far as Lin Zuhui knew, in one year, that is, in June 12, real estate returned to the level before the plunge.

This is also good, the shorter the time for buying bottoms, the faster his competitors will not be able to react, and the properties that are buying bottoms in the new era can also appreciate rapidly.

Throughout July, New Times Group, the Lin family, Wanhui Media, and LEIT Group completed property transactions worth 30 billion yuan.

New Times Group's transaction objects are: land, old real estate, land exchange rights and other land reserve properties;

The transaction objects of Hengjin Real Estate are: shops, high-end residences, villas, and office buildings

Wanhui Media and LEIT Group are also the same as Hengjin Investment.

Chapter 312 [Convention Plaza Building]

One day in early August, Lin Zuhui came to the office of Zheng Jiachun, general manager of New World Development.

At this time, the debt of New World Development has reached 60 billion, which should be 10 billion higher than that of the same period in the previous life (the expenditure of the two buildings in Yongan).

Zheng Jiachun is not Lin Zuhui, Lin Zuhui can reduce the debt of the company in the financial market;

And if Zheng Jiachun continues to do big projects, he can only engage in loans and self-raised funds.

This time, Zheng Jiachun planned to take back at a high price—50% of the shares of the two hotels in the convention and exhibition center held by the Hyatt Hotel Group.

That year, Zheng Yutong developed the Convention and Exhibition Center and sold 50% of the above two hotels - New World Seaview Hotel and Grand Hyatt Hotel - to the Hyatt Group for a sale price of 15.6 billion Hong Kong dollars.

Now, Zheng Jiachun, who is his son, wants to take it back. Although the real estate is falling now, the Hyatt Hotel doesn’t care about you so much. It has to be sold at the price before the plunge (estimated at 25 billion).After all, the convention and exhibition center has been built, two hotels will open soon, and you are about to redeem your shares, so there is no such good thing.

Therefore, Zheng Jiachun's plan will inevitably require huge funds. In addition to bank loans, he also needs to raise some funds himself.

The two sat down on the sofa, and Lin Zuhui said with a smile: "How did you think of selling the rights and interests of the Convention and Exhibition Plaza Building?"

Zheng Jiachun seemed to be very optimistic, and responded: "Under the ideal price, it is our company's strategy to sell the office buildings in the Convention and Exhibition Plaza! I know you have sufficient cash flow, so I call you to negotiate the price! "

Lin Zuhui nodded. Zheng's failure to raise funds from the stock market is flawed.Today, Zheng Jiachun plans to sell part of the interest in the Exhibition Plaza Building (office building), which is nothing.When his father comes back out of the rivers and lakes, he will sell a large number of high-end properties. In his previous life, he was dubbed "Uncle Tong's comeback to give a big gift" by the citizens.

The property situation of the entire convention and exhibition center is:

Two hotel buildings (Grand Hyatt and Seaview, a total of 1460 hotels)

Convention Plaza Building (office building, totaling 69 square feet)

Luxury residential building (hotel self-management, the price is lower than that of the hotel, and you can enjoy hotel services; the property area is 72 square feet)