Hong Kong's new giants

In the mid-90s, Lin Zuhui planned to make LEIT Group start to globalize, so as to resist the Asian financial crisis a few years later.

……

Monday, May 9.

The foundation stone laying ceremony of "Central Plaza" was held on the same day. Lin Zuhui specially invited the governor of Hong Kong, Wilson Wilson and other government officials, as well as business friends and partners, to hold a grand foundation stone laying ceremony.

Central Plaza is a signboard of New Times Group in the future.In other words, Lin Zuhui will invest in Central Plaza in the first-tier cities in the mainland such as Modu, Pengcheng and Shudu in the future.

And after entering Beijing this time, he will let people inspect the city and start preparations; after all, even if he gets the approval, he will have to wait until 1992 to officially start construction.

The Central Plaza in the Mainland is definitely not a single building, but a commercial complex.

At the foundation laying ceremony, Wilson Wilson delivered a speech, mainly expressing: the economy of Xiangjiang is very optimistic this year, the future prospect is very good, and investors are encouraged to continue investing in Xiangjiang.

Wei Yixin himself has a relatively good reputation in the mainland in later generations, and after retirement, he is not as annoying as "Fat Peng" - pointing fingers at Hong Kong affairs.

When it was Lin Zuhui's turn to take the stage, he also revealed that he was still very optimistic about Hong Kong's economy, and New Times Group did not plan to invest funds overseas for the time being; The square, Citicorp Center, and Scenery Garden large-scale housing estates (on the Lantian subway station) have a total investment of nearly 180 billion.

All the guests and reporters applauded after listening!

Lee Shau Kee also delivered a speech. He is a shareholder of this project. Although he only holds [-]% of the shares, it is still a big project.

After some speeches, under the guidance of the host, everyone came to the cornerstone and buried the soil with a shovel.

Then gun salutes were fired, and lion and dragon dances were performed.

During the period, Lin Zuhui chatted with all the guests.

Wei Yixin said with a smile: "Mr. Lin, I heard that New Times Group has recently entered into many fields and has worked very hard!"

What he meant was actually the big news about 'Superman Lin VS Superman Li'.

Lin Zuhui responded: "Yes, Your Excellency the Governor of Hong Kong. Recently, New Times Group has not only increased investment in real estate, but also made efforts in retail, telecommunications, ports and other fields. Personally, I think that Hong Kong needs competition so that the economy will be better. healthy!"

Wei Yixin nodded and said, "As far as our Hong Kong government is concerned, we will provide you investors with a level playing field."

In the ears of Lee Shau-kee, Cheng Yu-tung and others, these words undoubtedly announced that the Hong Kong government welcomes Lam Cho-fai to lead everyone to participate in the bidding for Kwai Chung No. 8 pier.Even the Hong Kong government intends to favor the new consortium, otherwise the Governor of Hong Kong would not have mentioned this issue.

During this period, Wilson said again: "Mr. Lin, what do you think about the structure of Xiangjiang's economy gradually shifting to the service industry?"

All eyes were on Lin Zuhui. The governor of Hong Kong would not easily ask a businessman such a big issue; even real estate developers like Lee Shau Kee and Cheng Yu Tong are not qualified because they are pure real estate developers.

Only Lin Zuhui is still a manufacturer with tens of thousands of employees under the LEIT Group, and the LEIT Group is also classified as industrial and commercial.

Lin Zuhui said: "I think the Hong Kong government's policy is very correct. With the high wages and rents in Xiangjiang, many factories have moved to the mainland. Then the garments, textiles, and plastics that we valued before will all become sunset industries; and Xiangjiang Its geographical location determines that Xiangjiang has great prospects in trade, financial and other service industries. Of course, I am also optimistic about one industry, and that is the technology industry.”

For Lin Zuhui to say these words, Wei Yixin is not unusual, he just asked curiously: "Technology industry?"

Lin Zuhui smiled and said: "Yes, I also invested in the electronics industry recently, called Xiaomi Technology! I also want to personally donate 2 million to Hong Kong University of Science and Technology to support the development of our technology industry in Hong Kong!"

Wei Yixin suddenly became surprised, is this still Xiangjiang's debt king?

However, he quickly said: "Okay, Mr. Lin is indeed a young hero. If you donate 2 million to Hong Kong University of Science and Technology, please invite me to witness it together!"

He was afraid that Lin Zuhui was joking, so he emphasized it.

Lin Zuhui nodded and said, "Okay, I will get in touch with Xiangjiang University of Science and Technology as soon as possible to discuss the donation!"

This time he withdrawn 130 billion from Japan at a minimum, which is far more than that, because he calculated the market value at this time; and it takes four months to sell securities, and there will be a final madness during this period, so it is possible to withdraw 150 billion Hong Kong dollars.

And he also planned to short the Nikkei futures in Singapore and Japan at the same time (there are both places, and the United States also had Nikkei futures in 1992).

Earn a lot of money from Japan to avenge the nation (put gold on the face).

At this time, the surrounding guests couldn't help but marvel at Lin Zuhui's generosity.

Chapter 318 [Cultural Ambition]

Huazhi Center.

Lin Zuhui was in the office, thinking about the development direction of the group department in the new era.

Looking at the stock price on the computer, Lin Zuhui couldn't help frowning. Since the debts of New Times Group and Huaren Land were exposed, some market analysts began to sing bad news.

The total debt of the two companies is 150 billion, which means that they have to pay more than 13 billion in interest every year.If the investment in securities is not taken into account, and the real estate market in the next year is not very good, market analysts have pointed out that the annual net profit of New Era Real Estate cannot outperform Cheung Kong, Sun Hung Kai, and Henderson. Over the New World and Hang Lung, Great Eagle and the like.

"Short-sighted! These people only see that the net profit is swallowed up by the interest, but they don't see how much the value of the property that New World Group is buying at the bottom will appreciate."

Lin Zuhui shook his head helplessly.

However, at this time the property has not yet appreciated in value, so he can't recommend it to investors—the real estate will soon be restored, and the rent will soon increase.

"During this period, the stock is at a low point, and Huazhi is going private at the end of the year, so I can increase my shareholding again!"

Today, the Chinese real estate properties are: 15 buildings (572 million square feet of rental properties), 7 shopping mall properties (125 million square feet).

7 buildings in Central District: Chinese Center Block A, B, Entertainment Building, Wing On Center, Chinese Bank Building, Hongji Building, Legu Building, Printing House, and Lecheng Building.Total: 226 million square feet of rental properties.

Wan Chai: Harcourt Building, Central Plaza.Total: 182 million square feet of rental properties

Causeway Bay: World Trade Center, Royal Mansions, Garland Centre.Total: 152 million square feet of rental properties

North Point: Le Kei Walk.Total: 12 square feet of rental properties

If you add the rental project in the hands of the New Times Group - Wanguobaotong Plaza (160 million square feet), the entire group owns 860 million square feet of rental properties, and actually owns 710 million square feet (three cooperation projects).

Based on these properties alone, since 1992, the annual rent collection has been more than 30 billion.

With such a huge profit, Lin Zuhui is of course unwilling to enjoy the dividends from Chinese Land through the New Times Group;

Because in this way, his dividend will be greatly reduced.

Therefore, if Huaren Real Estate is privatized, Lin Zuhui will directly share half of the shares based on his 50% shareholding.

And privatization needs to find a good time, and the end of November this year is the best time, otherwise the price will be even greater in the future.

Why not now?Because it is less than six months away from the highest price before the plunge, and it will be expensive if it hits the full acquisition line.

Lin Zuhui picked up the paper and pen, and kept calculating. He is the head of a company's real estate company, and he only needs to grasp the general direction of the company.

From 1990 to 1995, it was necessary to consider increasing the strength of the company during this period, especially in the next year and the next year, it is also necessary to strengthen the land reserve; therefore, the current financial situation is not acceptable.

It seems that at the end of the year and early next year, New Era Group will raise funds!

In fact, the debt ratio in the new era is not high!

The net assets of New World Development are lower than that of New Era Group, but the debt has risen to 90 billion; therefore, the debt of New Era Group is not high.

However, Lin Zuhui still plans to borrow less, but plans to raise about 10 billion from the Lin family through the issuance of "warrants" (after diluting the shares, immediately make up for it), and then raise about 20 billion through rights issues. Part of the interest in the building was sold to the Lin family.

After some planning, Lin Zuhui's spirit was shaken. Next year, New World Group will 'still be popular'.

"dong dong"

A knock on the door interrupted Lin Zuhui's thoughts.

Li Ke led Mr. Rong from Huaxin and walked in. Lin Zuhui got up and greeted him with a smile.

"Young Master Rong, welcome!"

"Lin Sheng, you're welcome!"

After some greetings, Lin Zuhui invited Mr. Rong to sit on the sofa.

Although he was curious about what Mr. Rong was looking for, Lin Zuhui was able to act very calmly, and instead brought up 'homely'.

"I don't know if it's cold in Beijing in January. I'm a southerner and I haven't been to the north yet!"

"The capital is very cold, Lin Sheng should bring more clothes."

"Haha, don't be afraid, I believe this trip will be warm."

"That is, with Lin Sheng's achievements in Xiangjiang, the country attaches great importance to you, and he will receive you grandly!"

"It's an honor, he is my idol!"

Lin Zuhui is still looking forward to the trip to the capital after a little homework.

Then, Mr. Rong showed a trace of embarrassment on his face, and said hesitantly: "Lin Sheng, I'm afraid I will disappoint you in the matter of leasing the satellite receiver last time. I didn't know that Li Chaoren was also preparing for satellite TV, and he He is also one of the shareholders, and he ordered 24 of the 12 satellite receivers at once. And for the remaining 12, there are several provincial TV stations in China that are going to be on the satellite. So now there are only 3 There are no receivers booked."

Lin Zuhui was immediately disappointed. In fact, he knew from the beginning that if he rented 12 satellite receivers at once, even if Li Chaoren didn't have the idea of ​​establishing a satellite TV, he would immediately have this idea.

It's very simple, the two are competitors now, and Lin Zuhui would do the same.

As early as 1988, Li Chaoren and the British Dadong participated in the "Asia Satellite 1", each holding one-third of the shares.

Therefore, if Li Chaoren proposes a lease, Huaxin has no reason to refuse.

Soon, Lin Zuhui said calmly: "It's okay, this investment is irrelevant to me. Maybe in the future, I will buy a communication satellite myself and let the motherland launch it for me!"

A Japanese communication satellite is only 3 million U.S. dollars, and the launch fee is estimated to be 1 million U.S. dollars. It's not that he can't afford it.

Mr. Rong was stunned, then thought Lin Zuhui was joking, and said: "I'm really sorry, last time you helped Huaxin choose the shell, this favor was not returned. This time, I didn't handle it well for you either!"

Lin Zuhui said with a smile: "What's the matter, I just did it with a little effort! We can continue to cooperate in the future, and this matter will not affect it!"

Mr. Rong quickly said: "That's really great. It's our honor to cooperate with such a big company as New Times Group!"

This sentence sounds really comfortable, Huaxin will be a giant in later generations!

"Okay, it's a deal!"

After bidding farewell to Young Master Rong, Lin Zuhui's face changed slightly, and he started pacing in the office.

Losing a profit of several billion yuan and fattening the Li Cucumber family made him somewhat unhappy.

However, Lin Zuhui quickly put this idea behind him, he can't care about the gains and losses of a city and a pool, there will be more competition in the future!

……

Lin Zuhui suddenly thought of a good idea. He planned to create Xiangjiang's entertainment culture and then export it overseas and inland.

Last year, the Little Tigers on Taiwan Island was established, and Lin Zuhui thought of integrating the Korean wave culture of later generations, first creating a Hong Kong idol culture.

In fact, this kind of culture originated in Japan, but it was carried forward by South Korea, and South Korea only emerged after 1995. What is the HOT idol team, which laid the foundation of the Hallyu in one fell swoop.

Moreover, this culture is very profitable. If he comes to be the godfather of this culture and make a great contribution to Xiangjiang's GDP, it will make people happy to think about it.

In the previous life, each person in the United Arab Emirates spent 15 US dollars on Hallyu culture every year. There are probably nearly 1 million Hallyu fans in the mainland. Very profitable.

As for the culture, to put it bluntly, it is plagiarism-American black hip-hop music, Japanese visual rock and Chinese folk songs are borrowed together, and then combined, with all the handsome guys and beauties with outstanding appearance, it immediately kills the predecessors in Japan.

The more Lin Zuhui thought about it, the more he felt that it was very clever. In his previous life, the mainland and Xiangjiang had done this, but at that time others had already established a market.

Lin Zuhui even remembered that Xiangjiang formed a male idol group in later generations. At some awards, Xiangjiang media and citizens directly ignored Jacky Cheung and other older generation idols, and the topic was all about new idols.

It can be seen that this culture specializes in attracting brain-dead fans, which is very easy to make money.

And he happens to have a sharp weapon in his hand - ATV, which can participate in the creation of this kind of culture.

Thinking of this, Lin Zuhui's brain was running fast. The ATV building at No. 81 Broadcasting Road was still too small, so he needed to build a new headquarters.

Tseung Kwan O New Town!

……

No. 12 Repulse Bay, Zheng's mansion.

Lin Zuhui and He Sheng came together, and Zheng Yutong and Zheng Jiachun warmly welcomed them.

As soon as He Sheng met, he said: "Ah Hui said he had something to discuss, but he refused to take me to his Lin's palace, and instead came here every time. Stingy and stingy!"

He Sheng is undoubtedly very funny!

Zheng Yutong said with a smile: "What's wrong with coming here, everyone eats whatever there is, you are free!"

After some teasing, everyone came to Zheng Yutong's study to discuss matters.

Lin Zuhui said, "I've called everyone this time to discuss something with you. I want to invest in an ATV headquarters."

Everyone nodded, not surprised, because ATV rose at a visible speed, and most of this was due to Lin Zuhui's mastermind behind it.Today's ATV has already started to make a profit, and it is expected to make a profit of about 2000 million this year.

Therefore, everyone is very optimistic about the prospects of ATV!

Zheng Yutong said: "Where do you want to build it? How big is it?"

Lin Zuhui's next words stunned everyone.

"My idea is to apply to the Hong Kong government to set aside an industrial land of 120 to 150 million square feet in Tseung Kwan O to build a TV broadcasting city, mainly composed of 6 production and administrative buildings..."

Zheng Yutong said without hesitation: "I'm not optimistic about this project, the investment is too big! Even if the Hong Kong government grants you land, you have to invest at least one billion. How many years will it take for ATV to earn back?"

Zheng Jiachun and He Sheng nodded and agreed!

Lin Zuhui was not discouraged, but said: