Hong Kong's new giants

The market value of Cathay City has been unable to rise, and currently it is less than 20 billion, because there has been no dividends for a long time, and the debt is too high, and the hotels invested are long-term investments.

Therefore, Lin Zuhui intends to privatize with two plans at the same time: exchange of shares and cash.

It is still a good-faith privatization, short-term investors can sell stocks at a [-]% premium, and long-term investors can choose to exchange for shares of New Era Group.

After the privatization of Cathay City Hotel, the New Times Group is equivalent to only two listed companies, one is New Times Group and the other is Fuli Real Estate (US real estate investment).

As for the original Chinese entertainment, it has long been in Lin Zuhui's personal hands.

The reason why Lin Zuhui privatized real estate and hotels is because the dividends of these two companies are about to explode, and the debts are too high.

Chapter 328 [ATV Tseung Kwan O Headquarters]

Beginning of November.

On Friday morning, Lin Zuhui came to the office of Huazhi Center.

Currently, the privatization process of Huaren Real Estate is proceeding in an orderly manner, which makes Lin Zuhui very happy.

Huaren Land originally owned 15 buildings and 7 shopping malls (not including the shopping malls of the Group's buildings), and New Times Real Estate handed over a Wanguobaotong Center (two buildings), Baohua Building (the headquarters of Baohua Construction), The Tsuen Wan shopping mall instantly caused the rental properties of Chinese real estate to surge again.

And Chinese Real Estate has also become the largest real estate company in Hong Kong (950 million square feet of rentable properties), temporarily surpassing Wharf Group and Swire Group.

In terms of New Era Real Estate, the land bank has once again surged to 1620 million square feet, and there are 700 million square feet of agricultural land (which can be converted into residential land in the future); in terms of land bank, New Era Real Estate is only lower than Sun Hung Kai and higher than Henderson Land ,Ranked second.

Cathay City Hotel Management is also a hotel group second only to New World Hotel among several major real estate companies.

The comprehensively developed New Times Group, in addition to debts as high as about 150 billion, can be said to be the second largest Chinese consortium in Hong Kong after Cheung Kong Group (including Hutchison).

At present, New Times Group has stabilized its position in the retail field. Times Communications has reached a technology shareholding agreement with AT&T (only for the first-generation mobile phone division). number container.

It seems that a new group comparable to the Cheung Kong Consortium has been born. Only Lin Zuhui knows that this is just the beginning.

Ports, telecommunications, retail, New Times Group has just dabbled, and will compete fiercely with the Heung Kong Consortium in the future;

Real estate, real estate, hotels, New Era Group is still the main development project, 90s will continue to vigorously develop;

The business of New Era Group also includes shipping, construction and other businesses, which are not listed for the time being.

To sum it up: in the 90s, Lin Zuhui would deploy his business globally, but Hong Kong was still the focus.

After a while, director and general manager Chen Bin came to Lin Zuhui's office.

There are several core executives in the New Era Group, but Lin Zuhui's right-hand men are Chen Bin and Liang Zhenxun. Chen Bin is a talented construction student, and Liang Zhenxun is a 'financial expert'. The two seem to cooperate very well.

As for Lin Zuhui, he has already become the commander-in-chief of a company, commanding tens of thousands of people (many companies), and he is good at dispatching troops.

"Boss, the foundation stone laying ceremony of Wanguobaotong Center is scheduled for the 12th."

Naturally, Lin Zuhui didn't worry about whether it was a good day, because Chen Bin would definitely ask the 'Master' to see it, so he said with confidence: "Well, is the list of invited guests out?"

Chen Bin handed over a document, and Lin Zuhui returned it to him after reading it briefly.

"Okay, hurry up and invite! Speaking of which, we only laid the foundation stone for the large estate project 'Sceneway Garden' last month, and then we laid the foundation stone for another big project this month."

"Well, the boss will pick the right time. At present, real estate has started to rise, and I expect it to rise to the level before the plunge in half a year!"

If you have foresight, you must know that there are still many real estate developers who are timid at this time, and even consider changing their registration and capital. There is a mood to buy the bottom.

Lin Zuhui added: "From January next year, how much can our real estate supply increase?"

Chen Bin said: "Around [-]% and the supply will gradually increase in the future!"

"Yes, next year (1990) is a critical year for us in real estate. After all, we have tightened supply in the second half of this year. And I predict that the average property price for the whole of next year will still be similar to that before the plunge. So We will strive to achieve a net profit of more than 18 billion in real estate development next year, so that the normal net profit of the group will approach that of Cheung Kong."

After this round of bottom-hunting, New Era Group’s rents have increased by as much as 8-10%. Many properties, including Wing On Center, Times Square, Chinese Bank Building and seven shopping malls, are new rent-collecting areas.Therefore, the net profit of RMB [-] million to RMB [-] billion can be obtained by collecting rent next year.

Others include construction, shipping, etc., which can also bring stable income to the group, so the new year's target is a net profit of 30 billion.

Even if it does not rely on non-recurring profits, New Times Group can be close to or even surpass Cheung Kong (excluding Hutchison).

If you make a fortune in foreign exchange and oil futures, you will be stable and solid.

"Well, based on your analysis of the general situation, boss, our arrangement is very reasonable. Like Henderson, New World, etc., they will at most reduce the construction of the site when the real estate plummets. In this way, when the real estate recovers, they may not have enough supply." Chen Bin said in admiration.In the second half of this year, real estate transactions were sluggish, and the New Era Group did not have much supply, so naturally the pressure on sales was greatly reduced.

Lin Zuhui is still very proud in his heart, regardless of these details, the benefits brought to the company are quite amazing.This year, New Era Real Estate's net profit from property development is about 13 to 14 billion, and in the first five months of the first half of the year, it has a net profit of about 5 billion.

With this arrangement, compared with other real estate companies, they sold three steamed buns for the price of two steamed buns.

In the end, Lin Zuhui arranged: "We still can't relax when it comes to land reserves. We have to buy enough land reserves every month. This strategy has been practical for the past five years. It's not that real estate has increased, so we won't buy it. .”

It is necessary to purchase a certain amount of land reserves every month using the funds recovered from real estate.

"Okay, I know!"

……

Lin Zuhui came to the Hong Kong government, called on Wei Yixin, and discussed the establishment of ATV headquarters in Xiaochisha, Tseung Kwan O.

If it was a general land grant, Lin Zuhui would not bother Wei Yixin directly, after all other people are so busy, but Lin Zuhui also planned to talk to him about the 'Tseung Kwan O Industrial Estate'.

Led by Secretary Wei Yixin, Lin Zuhui came to his office.

"Mr. Lin, you are a rare visitor of our Hong Kong government, so it is rare to come to my office!" Wei Yixin and Lin Zuhui sat down on the sofa together and said with a smile.

This is true. Although Lin Zuhui has a good relationship with the Hong Kong government, he is not the kind of person who likes to deal with the Hong Kong government. He prefers to win over some members of the two bureaus and senior government officials in private (not bribery).Negotiations with the Hong Kong government are usually done by Liang Zhenxun.

"I'm worried about disturbing your work. After all, you manage 600 million citizens, so you must be very busy!" Lin Zuhui said politely.

Wei Yixin immediately said: "Your thinking is a bit wrong. Although I manage Xiangjiang with a population of more than 600 million, if I communicate more with you consortium leaders, I will be able to manage Xiangjiang better. Because each of your consortiums has There are tens of thousands of employees, which means tens of thousands of families. With your help, our Hong Kong and British governments can manage Hong Kong better."

Lin Zuhui said with a smile: "Mr. Wei Yixin said that Xiangjiang is my home, and I also hope that Xiangjiang will get better and better!"

Wei Yi secretly scolded Lin Zuhui as a little fox in confidence. Although this rich man is young, he is impeccable in his work, especially when it comes to the choice of Zhongying.However, he still decided to win over.

"Mr. Lin, it is said that all eggs cannot be put in one basket. Why don't you consider overseas investment? The investment environment in our British Empire is also very good!"

Good is good, but the rate of return is low, Lin Zuhui said in his heart.

However, the governor's face still has to be given.

He said seriously: "What Mr. Wilson said is that I have indeed planned to invest overseas, and the UK is also under my consideration."

Wei Yixin immediately said: "What industry does Mr. Lin plan to invest in?"

This, Ming grab it?

After Lin Zuhui slandered in his heart, he immediately said: "I will inspect communications, ports, and some livelihood projects next year."

Wei Yixin said with satisfaction this time: "Welcome! By the way, is Mr. Lin here this time?"

Lin Zuhui handed over a proposal and said: "I would like to obtain approval for an industrial land of about 120 to 150 million square feet in Xiaochisha, Tseung Kwan O, for the construction of the headquarters of ATV. And by the way, I proposed that the Hong Kong government Consider it, classify Xiao Chisha and Da Chisha in Tseung Kwan O as industrial estates, and carry out overall planning!"

Wei Yixin was a little surprised, and after thinking for a while, he said, "The Hong Kong government is indeed planning an industrial estate in Tseung Kwan O. But does your Asia Television headquarters need such a large land?"

Lin Zuhui nodded, and reported the achievements of ATV, which immediately surprised Wei Yixin; of course he knew that ATV had made great progress, but he didn't know that it had already opened [-]-[-] with TVB and had plans for overseas development. potential.

"Mr. Wei Yixin, our ATV is moving towards exporting 'Hong Kong culture' overseas, so we really need a new headquarters. And I went to Xiaochisha to investigate, and there is indeed a large piece of land for our ATV. Headquarters."

Wei Yixin nodded, this land can be given, because ATV is not a real estate company, and the land approved is also for industrial use.And I heard from Lin Zuhui that ATV has already sold 8000 million Hong Kong dollars in copyright sales alone this year, which is really amazing.Wireless has been established for so many years, when has it been so beautiful.

"I can bring your application to the Legislative Council for discussion, but you have to agree to one of my conditions first!"

Lin Zuhui's heart skipped a beat. It's not a matter of standing in line, so this Wei Yixin is too blatant!

"you say!"

"ATV needs to go public and become a public company, not a private company, so that it will benefit long-term development!"

It was this!

Lin Zuhui said: "Yes, I originally planned to prepare for listing next year!"

Wei Yixin nodded. ATV's ratings were not good before, and the Hong Kong government didn't bother to take care of them. But now the ratings have risen, and this person is preparing for satellite TV, so it must not be a purely private company.

After Lin Zuhui left, Wei Yixin couldn't help looking at the English proposal in his hand.The proposal includes planning suggestions for the Tseung Kwan O Industrial Estate, a general planning plan for ATV headquarters, and a plan for ATV to create a "port culture".

Immediately, Wei Yixin admired him very much. If the progress of the plan is followed, the development potential of ATV will be greater than that of TVB.

……

ATV began to publish advertisements for "trainee selection" on our station and various newspapers, which attracted the attention of many people in Xiangjiang.

The so-called "trainee selection" is different from the "artist training class". The trainee selection requires boys and girls aged 15 to 18. Once selected, they need to train for more than two years before they can debut.However, once selected as a "trainee" of ATV, not only food and housing are included, but also a certain basic subsidy.

Because of this, many families who are not wealthy are planning to let their children participate in the "trainee selection", in case they become stars in the future, the whole family will enjoy the blessings.

Lin Zuhui came to the headquarters of YG Entertainment. This is not the ATV headquarters building, because there is no longer enough room there, but an old-fashioned office building rented near the broadcasting road.However, the area is also considered large, with three floors and a total of more than 3 square feet.

"Boss, you're here!" Yu Xiaoming, the general manager of YG Entertainment, greeted him and said respectfully.

Lin Zuhui nodded and said, "Take me on a tour and get to know our YG team!"

"Well, boss, please!"

Walking into a dance studio, several male and female dance teachers seemed to be exchanging ideas and discussing. When they saw Lin Zuhui coming, they were taken aback.

"Hi boss!"

Lin Zuhui nodded, and Yu Xiaoming introduced him!

"Everyone, I also like to dance, but the dances taught by our YG Entertainment are different except for the basic movements. We want group dances for men's and women's groups. Has Manager Yu told you about it?"

All the dance teachers nodded their heads!

Yu Xiaoming quickly said: "Recently, they also choreographed the dances of the women's and men's groups. Boss, would you like to watch it and see if it has a similar style?"

Lin Zuhui said with a smile: "Of course it depends. Although everyone may be a good dancer, they must have our style!"

All the male and female dance teachers quickly started to discuss, and then began to prepare for the performance.

After the music started, I saw that the dances performed by these dance teachers were indeed a little different from Xiangjiang's current dances, a bit like the Korean boy and girl group in the previous life.

It turned out that Lin Zuhui had demonstrated with Yu Xiaoming in private, and Yu Xiaoming taught these dance teachers.Because of this, the stylistic line is determined.

Lin Zuhui didn't think there was anything wrong with his participation. He is now the chairman of ATV's board of directors, and it is very normal to participate in the work of the TV station; Shao Liushu is not involved in everything in TVB, even the beauty pageant.

Moreover, Lin Zuhui usually only realizes his ideas through executives, so he will not reveal that he is the founder of this dance technique.

"The dance of the women's group must be able to attract the hormones of men, and the dance of the men's group must attract the hearts of women. You should study more! The style is generally correct, but it is not enough taste!"

"Okay, boss!"

Lin Zuhui didn't intend to make a fool of himself in front of these people, but to discuss it with Yu Xiaoming later.

Next, Lin Zuhui visited the music room, recording studio, etc., and was generally satisfied.

YG Entertainment is currently an experimental product and needs to be done step by step.

Back in the office, Lin Zuhui and Yu Xiaoming discussed it before leaving satisfied.

Chapter 329 [Uncle Six, stop! 】

Selina Chow told Lin Zuhui an 'amazing' news that TVB is preparing a pirated version of "Millionaire".

This is a big cake for ATV. The UK, Taiwan, Singapore, and Thailand haven't started buying copyrights yet, so how can there be pirated copies!

Therefore, Lin Zuhui said: "Go talk to TVB first. If there is a copycat program of "Millionaire", we will hire a barrister from the UK and claim more than 2 million Hong Kong dollars. After that, you will release the news in the major media , let everyone put pressure on it. In short, we must not let them broadcast it!"

Zhou Liang Shuyi nodded quickly and said, "I'll do it right away!"

The copyright of this program is very easy to identify, it is by no means a program like "The Comedian Saves the Earth", which can make people copy.Therefore, even if the wireless is released this time, Lin Zuhui will use the media to exert pressure and make them notorious.

In the past two years, ATV's variety shows have directly crushed TVB, such as "Prize Doorman", "Undefended Tonight", "Millionaire", "The Voice of Hong Kong", "Laughing Star Save the Earth" and so on. Beauty pageants are better than TVB, because there was no Li Jiaxin in 1988.

It's understandable for Wireless to be anxious, but "Millionaire" is a tool for making money, so Lin Zuhui naturally wants to have a good talk with Shao Liushu.

……

wireless television.

The old Sixth Uncle Shao was still working on the front line, and Fang Yihua walked into his office.

"Chairman, Zhou Liang Shuyi from ATV came to see me just now!" Fang Yat Hua said.

Uncle Shao raised his head and said calmly, "Is it because of the "Millionaire" program?"

Fang Yihua said in surprise, "How do you know?"

Sixth Uncle Shao picked up the newspaper, handed it to Fang Yihua, and said, "The news about our plan for the program "Who Is the Rich Man" has leaked out, and now it has even been exposed in the media!"

Fang Yihua looked at it, and said resolutely: "No matter what, we are just learning from it anyway!"

Uncle Shao shook his head and said, "It's a big deal. The show may not have good ratings. The most important thing is that TVB will be scolded! The media has reported that "Millionaire" is a business card exported by Xiangjiang Culture. The tone is so high. We're afraid we can't sing the opposite tune!"