Hong Kong's new giants

In the final analysis, he still wants to take China Commercial Bank and Overseas Trust Bank into his pocket, which may require 70 billion to 80 billion funds.

Moreover, he has recently formed a banking team. He has dug three senior bank executives in Xiangjiang, including Li Huimin of Hang Seng Bank; in addition, he has also dug two senior bank executives overseas, one Chinese and one foreigner; Together with his financial advisors, he believes that once he takes over the bank, the management can be put on the right track immediately.

……

Sure enough, China Commercial Bank suddenly poured out about 18 billion Hong Kong dollars in unrecorded debts. For a while, Huaren Bank (Chinese-funded background), which had intended to take over, immediately announced its withdrawal.The last hope is that Lin Zuhui has not yet expressed his position.

As for the depositors of the China Commercial Bank, they can't wait to confess Lin Zuhui at this time, hoping that he will accept the China Commercial Bank.

Lin Zuhui brought people again to the Financial Secretary.

In the meeting room, Lin Zuhui said: "Director Cui, our team has changed its mind and hopes to buy Overseas Trust Bank from the Hong Kong government."

Lin Zuhui changed his strategy and planned to start with overseas trust banks.Of course, he also wants to win the 'China Commercial Bank'. After all, this bank has more than 30 branches and has a very wide range of businesses; but the loss is too large, and now it looks like it is in the early 40 billion.

It is slightly better than history, probably because Lin Zuhui let this thunder explode in advance.

Cui Kecheng immediately shook his head and said, "Lin Sheng, it's not time for Overseas Trust Bank to be sold. We are talking about China Commercial Bank now. Moreover, we hope to find an experienced team for Overseas Trust Bank!"

Lin Zuhui said with a smile: "China Commercial Bank even feels troublesome to the Hong Kong government, let alone me as a businessman. As for the experienced team you mentioned, I have already formed them. They are all top executives in Hong Kong. Even you I also have two London bankers joining my team."

Although the overseas trust bank also has a historical cumulative loss of 16 billion, it is currently in a profitable state. Last year, it made a profit of more than 3 million. In theory, it can "turn losses into profits" in four to five years.

The subsequent discussion between the two parties did not go smoothly. Lin Zuhui also put out the idea of ​​acquiring China Commercial Bank, and planned to acquire Wing On Bank of Hang Seng Bank. It is cheap and only needs a few hundred million Hong Kong dollars.

Although the scale is small, and the deposit is estimated to be more than 20 billion, it can be regarded as entering this field anyway.

Just when Lin Zuhui was about to give up, Zhuo Sheng from the Banking Supervisory Office whispered a few words in Cui Kecheng's ear, which seemed to be a compromise.

After a while, Cui Kecheng said: "Mr. Lin seems to be very sincere in entering the banking industry, and we also want to handle the matter of China Commercial Bank, so we have a proposal. If Mr. Lin handles the matter of China Commercial Bank well, Overseas Trust Bank can sell it first." for you!"

Lin Zuhui smiled and said: "Director Cui, it seems that sincerity is not enough. If the Hong Kong government really wants to deal with the matter of China Commercial Bank, I will be able to resolve the matter satisfactorily this month. For this, I have prepared 70 billion Hong Kong dollars in cash The China Commercial Bank may be able to solve it perfectly with only 50 billion yuan, so how about buying the overseas trust bank for the remaining 20 billion Hong Kong dollars?"

He knew the price of the overseas trust bank. It was sold for 43 billion in his previous life, although it was two years later.The bank itself is of great value. Talents, licenses, networks, etc. are all invisible assets.

The Hong Kong government officials were taken aback. They didn't expect Lin Zuhui to have such a large amount of cash. It is likely that Li Chaoren would not be able to give half of the cash!

Next, the two had a heated discussion, you said what you said, and finally reached a preliminary agreement.

The content is roughly: Lin Zuhui's team took over the 'China Commercial Bank', assumed all the debts, and quelled the impact of this incident; the Hong Kong government sold the 'Overseas Trust Bank' to the Lin Zuhui team early next year at an agreed price of 25 billion Hong Kong dollars.

In order to save overseas trust banks, the Hong Kong government took out 20 billion Hong Kong dollars in cash. Now it has sold 25 billion, which is considered a slight profit and will not be criticized.

In Lin Zuhui's view, even if the overseas trust bank is sold in two years, it will not be his turn; because, because he has no experience in dealing with Hong Kong's problem banks.The Guoco Group, a Southeast Asian capital, took over the Hang Lung Bank from the Hong Kong government a few years ago, and handled it better, so such a consortium is the Hong Kong government's favorite.

Moreover, next year it will be sold to its own overseas trust bank at a price of 25 billion Hong Kong dollars, which is equivalent to saving 20 billion.In this way, there is no loss in dealing with China Commercial Bank.

Of course, these transactions require the participation of lawyers in order to form effective documents.

……

Furama Hotel.

Hundreds of representatives of large depositors of China Commercial Bank attended a meeting with anxiety and excitement.

Originally, China Commercial Bank had 45000 depositors, but after the bank run occurred and the Hong Kong government advanced 20 billion Hong Kong dollars to distribute deposits to depositors below 50 Hong Kong dollars, there are still about 5000 large depositors left.

After reaching a preliminary agreement with the Hong Kong government, Lin Zuhui's team was not in a hurry to sign a formal contract with the Hong Kong government, but advertised in the media that the China Commercial Bank incident was expected to be acquired by the Lin Zuhui family.Then, let large depositors select more than 500 representatives to participate in this consultation meeting.

"Hi Lin Sheng!"

"Hi Lin Sheng!"

But when Lin Zuhui brought his team to the hall, the depositors of China Commercial Bank greeted excitedly.

Lin Zuhui smiled and nodded to everyone, and gestured.

He walked to the arranged position on the rostrum and sat down with a group of consultants.

"Everyone, I have called you this time to discuss with you! This time I do plan to acquire China Commercial Bank and assume all the debts and responsibilities, but I have great concerns." Lin Zuhui said through the microphone.

Hearing Lin Zuhui said that he had great concerns, everyone became chaotic, and was soon controlled by Lin Zuhui's team, and designated someone to speak.

"Mr. Lin, I don't know what you are worried about?" A large depositor stood up and said.

Lin Zuhui smiled and said, "You are a judge, right? Huang Qilin?"

The large depositor nodded quickly. He had cooperated with New Era Group many times, but he didn't expect that Lin Zuhui only met him once and wrote down his name.

Lin Zuhui went on to say: "It's very simple. I didn't buy China Commercial Bank for charity, but I thought it was a long-term investment, although it would cost me 50 billion in the short term. Therefore, I was worried that once I took over, China Commercial Bank It reopened, and there was a run again. I have plenty of money, and billions of dollars are nothing to me, but the credit problem of China Commercial Bank is in a slump. Then it doesn’t make much sense for me to buy it!”

At this time, everyone looked at each other in blank dismay, and someone raised his hand and said, "Mr. Lin, if we have your guarantee, we can promise that we will not withdraw the deposit until the time limit expires."

Lin Zuhui said with a smile: "I bought the China Commercial Bank, which is the biggest guarantee. I will not do things that damage my reputation. But what you said is very reasonable. You should give me a promise, that is, the deposit has not expired. Before, you large households could not withdraw. In this way, you can also avoid loss of interest, and China Commercial Bank can also restore its reputation. After all, you choose to trust China Commercial Bank, so that citizens can choose to continue to put their deposits in China Commercial Bank !"

"I agree! At first we had no hope, but now we have the guarantee of Mr. Lin, the richest Chinese man, what are we afraid of?"

"Yes, Mr. Lin's reputation is unmatched by Xiangjiang, and I also promise not to withdraw the deposit before it expires!"

Everyone almost unanimously agreed with Lin Zuhui's suggestion, so the meeting was very successful.

Of course, there is no basis for his words, Lin Zuhui will publish in the newspaper and ask all depositors of China Commercial Bank to go to the China Commercial Bank branch to register, and sign a letter of commitment by the way.

In this way, a tripartite cooperation was formed to satisfactorily resolve the Guoshang incident.

Chapter 398 [Two big projects]

Hong Kong's media have reported on the progress of the 'China Commercial Bank Incident', giving them a lot of praise and hope. Everyone agreed that the China Commercial Bank Incident, with the cooperation of the three parties, is expected to have a happy ending.

Mr. Lin Zuhui took the initiative to stand up and pull the China Commercial Bank, which was on the cliff, back to a safe place;

The Hong Kong government has also played an active role, promising that if Mr. Lin Zuhui handles China Commercial Bank well, he will have the priority to purchase overseas trust banks (the price is privately negotiated);

The depositors of China Commercial Bank have signed the promise of 'no bank run' to cooperate with Mr. Lin Zuhui to take over China Commercial Bank.

For a time, all three parties were well received by the society!

This is something that the Hong Kong government did not expect!

Originally, in this incident, the Hong Kong government received a lot of criticism; even the "changing order" was crowned on the head of the Hong Kong government, because the Hong Kong government first collected a 200% tobacco tax in the first half of this year, and then changed it very quickly. The 100% tobacco tax, and the repeated government orders on taxi fuel fees, and the bank association's interest rate hikes and then cuts, etc., the Hong Kong government has repeatedly made people criticize.

Now that public opinion has suddenly changed, the Hong Kong government has suddenly received favorable comments, which is something that even Hong Kong government officials did not expect.But some people also understand that Lin Zuhui may not have contributed behind this. Although Xiangjiang advertises freedom of the press, it is impossible for Lin Zuhui to have no influence on public opinion.

The China Commercial Bank incident was going on in an orderly manner, and Lin Zuhui's consultant team was helping him deal with it, mainly reviewing the details of China Commercial Bank's debts, assets, deposits, etc.It has not yet formally signed a contract with the Hong Kong government, and the two parties agreed to sign a formal contract in mid-June.

Once the contract is signed, the 32 branches of China Commercial Bank will be able to start business immediately. It turns out that the staff of China Commercial Bank will return to their posts one after another. As for the top management, most of them will be replaced by Lin Zuhui's team.

……

Monday, May 5.

Lin Zuhui came to Huazhi Center, and he was greeted with admiration from the staff along the way. Recently, the boss is the most influential figure in Xiangjiang. He needs to inject 50 billion cash in cash to take over China Commercial Bank, and 30 billion for the rights issue of New Times Group (nearly 15 billion) ), their boss wants to come up with 65 billion in cash, so rich that the people of Hong Kong are dumbfounded.

Other millionaires, including Li Chaoren, invest in large projects, although there are billions to tens of billions, but it is investment after all, supported by bank loans.

As for Lin Zuhui's investment, there will be almost no bank loans, because they ushered in a strong opponent; a business tycoon who has never failed, and a self-made richest man full of legendary experience.

"Hi boss!"

"it is good!"

Lin Zuhui was in a good mood and responded.

In April and early May, New Era Group did not stop. First, it issued bonds to obtain 20 billion funds, and then raised funds through rights issues to obtain 30 billion funds, which made the funds in the account skyrocket in one fell swoop.

Of course, because of the rights issue of nearly 15 billion, his capital has been reduced a lot; this year's dividend is equivalent to more than 7 million, which has been doubled and returned to New Era Group.

He can choose not to supply, that is, the stock will be diluted; the same is true for shareholders, who can give up the opportunity to new investors.

When he came to his office, Lin Zuhui suddenly had a feeling: New Times Group will move to the 'Central Plaza' next year, and his office will be on the top floor of the tallest building in Asia.It is just a 1000-square-foot office, but it can issue orders to the world there, with hundreds of thousands of employees and trillions of assets under management, how proud it is!

Man, it should be so!

Withdrawing his imaginary thoughts, Lin Zuhui began to read the newspaper seriously. Recently, he has been using his own media advantages to create momentum. He wants to use the celebrity effect to advertise his bank.

This is also why the rich generally "do not reveal their wealth", but Lin Zuhui took the initiative to say that he would inject 50 billion to save the China Commercial Bank.

The 50 billion funds are enough, and the 46 billion deposits will not be withdrawn immediately. The 20 billion debts owed by the Hong Kong government can be repaid in installments, and the total 18 billion overseas debts can also be paid in installments according to the deadline.

After taking down the bank, we will actively pursue those debts and strive to minimize bad debts.He has to vigorously attract deposits, reshape the image, improve services and hardware facilities... In short, since the Hong Kong government decided to sell the Overseas Trust Bank to him for 25 billion Hong Kong dollars, he feels that he has not lost at all.It is equivalent to saving 20 billion Hong Kong dollars, and he also has the right of first acquisition.

You know, the former Chinese Bank also planned to acquire China Commercial Bank, but was frightened by the 20 billion overseas unrecorded debts.Now that the gap of 20 billion has been filled, Lin Zuhui certainly feels that he has found a bargain, because he is a novice banker. According to normal channels, he has almost no ability to use his banking strength to step into the top five in Xiangjiang. .

Speaking of it, it was because his relationship with the Hong Kong government was deep enough, that Zhuo Shengcai of the Banking Regulatory Office, he seemed to remember that he was an old customer of 'Hengjin No. 1'; and this agreement needs to be voted by the Legislative Council, after all There was suspicion of reselling 'Haituo Bank' at a low price, so the Legislative Council was able to pass because of Lin Zuhui's deep relationship.

After reading the newspaper for a while, Lin Zuhui was interrupted by a knock on the door, and put the newspaper aside.You can only read newspapers in your free time, and you must focus on your work.

"Boss, the preliminary plan for the Tsuen Wan Plaza project is ready. I'll show it to you for review!" Chen Bin carried a lot of plans and proposals in his hand, and placed them on Lin Zuhui's desk.

Lin Zuhui got up, put the materials on his spacious desk, and said with a smile: "There are so many, I have to work overtime for two or three days to read them!"

Chen Bin clicked his tongue inwardly. With so many materials, he needs to read them for a week, but the boss only needs two days.He doesn't think he reads more carefully than the boss, because the boss is very efficient and almost reads it carefully.

Speaking of which, the boss is still his "apprentice". The boss often asked me for knowledge in the field of construction, and the boss has already learned it very well very early. weak.

"The boss has worked hard!"

"What's the hard work, I'm also sloppy now, and I read it all. The main reason is that I feel at ease with your management team. Now I just look at the plans of these large-scale projects, which saves a lot of trouble!"

"The boss gave us a high salary, we should do our best!"

After Chen Bin left, Lin Zuhui looked through the plans for Tsuen Wan Plaza, and just looking at the renderings already made people excited.

6000 residential units totaling 480 million square feet of floor area;

Two large shopping malls and two small shopping malls (in the community), with a total shopping area of ​​120 million square feet;

Two commercial complex buildings (including hotels and office buildings) with a total office area of ​​180 million square feet.

This project is composed of two 'large housing estates' - Sea Love, Tsuen City Plaza, two large shopping malls - Citywalk, Tsuen Wan Plaza, two super buildings - 88-storey, 42-storey, including The small shopping malls in the two communities were combined and formed.

The total investment is estimated to need 100 billion Hong Kong dollars!

At present, Citywalk has been under construction for more than a year and is expected to open for business in mid-1992.Citywalk is a large four-storey building with a total rental area of ​​58 square feet.The land of Citywalk and Love of the Sea is the reclaimed land of the old Tsuen Wan pier, so it is adjacent to the sea, with very good scenery, and there are yacht landing docks and ferry landing docks.

Except for Citywalk, other projects are divided into five years, and they are expected to be completed in ninety-seven years.

……

In the afternoon, Lin Zuhui brought Gao Yi to Standard Chartered Bank to discuss the acquisition of the Standard Chartered Bank Building (Central).

This building was just completed last year, with a total of 42 floors and a floor area of ​​25.65 square feet, including 4.32 square feet of shopping malls and 21.33 square feet of office buildings.

The commercial building is a first-class commercial building, and the location is nothing to say. It is just next to HSBC Bank, looking north to the Prince's Building, and also on the oblique back of No. [-] Building on Queen's Road Central. It only occupies a small area.

The Standard Chartered Bank Building was designed by Remo Liva, an architect of P&T Group. He had just completed the design project of Exchange Square at that time, and decided to apply the concept of "architecture as sculpture" to this project.The architectural artwork of the Standard Chartered Bank Building imitates the theme of Kitsch, the atmosphere of the American public bank lobby in the 1930s, with stained glass windows and octagonal copper ornaments. There is a 55-foot-high foyer on the ground floor, and a granite And the entrance corridor made of mica stone.Starting from the 17th floor of the Standard Chartered Bank Building, the floor area is reduced inward every 6 floors, creating an imposing manner pointing directly at the clouds.The exterior walls of the building are made of pink and beige granite.The designer uses wax pink (but the glass windows are of the original American style), in order to create an extreme contrast with the two modern buildings in the east and west, and to form space and thinking.

Chater Bank has been operating poorly in the past few years, its finances are not good, and it has just experienced a "squeeze run", so Lin Zuhui tentatively contacted it.

He knew that it was impossible for Standard Chartered Bank to sell Standard Chartered Bank directly, after all, this is the headquarters building; but Standard Chartered Bank needed funds and was not good at managing office buildings and shopping malls, so he proposed a slightly complicated cooperation model.

Chinese Land paid 12 billion Hong Kong dollars in cash to Standard Chartered Bank, and promised that the total rental net profit will reach 20 billion in the next 20 years.As a result, Huaren Property obtained the right to control all the leased area except for the two-story office, that is, Standard Chartered Bank only retained the lease right of the two-story office building (for its own use, and handed over the right to Huaren Property after 20 years) and the naming right of the building.

Of course, the property rights need to be distributed, with Chinese Land Holdings accounting for 5% of the equity, and Standard Chartered Bank accounting for 5% of the equity, which is to share the rent net profit (the rent of the two-story building was not included in the first 20 years).

渣打银行目前的价值大概在20亿～25亿区间（大厦价格不是统一的），华人置业拿出12亿现金购买其5成权益和9成多支配权（渣打银行两层大厦20年不用出租金），还是非常值得的。

The Standard Chartered Bank can get 12 billion Hong Kong dollars in cash, and get a guarantee of 20 years of stable rent, and no need to manage the building.

Especially at present, Standard Chartered Bank has some problems, and there are times when the bank has no money.

When they arrived at the headquarters conference room of Standard Chartered Bank, both parties sat down.

Lioness, the head of Standard Chartered Bank, congratulated Lin Zuhui and said, "Congratulations to Mr. Lin for extending his career to a new field. We will be colleagues in the future!"

Lin Zuhui said modestly: "Mr. Lyons has won the award. Compared with Standard Chartered, I still have a long way to go and learn! In the field of banking, there are countless Chinese banks that have fallen, and I am walking on eggshells!"

But Lyons said: "Others can't do well in banks, but Mr. Lin must do well in banks, because you have a very good long-term vision!"

"Thank you, you complimented me!"

After some humility, everyone had a final discussion with each other on the cooperation of the Standard Chartered Bank Building.

Originally, Standard Chartered Bank wanted to retain the control and rights of the entire shopping mall and two-story office building, and then hand it over to Chinese Real Estate after 20 years, and the price only needs to be 8 million Hong Kong dollars.

However, Lin Zuhui attaches great importance to the mall network, so he increased the price to 12 billion Hong Kong dollars, and also won the control of the mall.

At present, Chinese Land has put a lot of effort into the management of the shopping mall network and hired top international talents.You must know that managing the shopping mall network is not as simple as collecting rent, but requires a vision for the layout of the retail industry. Otherwise, the quality of the shopping mall will decline if there are no big names to settle in.

"Mr. Lin seems to be very optimistic about the prospects of office buildings and shopping malls. You must know that these two properties have not skyrocketed along with residential buildings this year," said Lyons.

Lin Zuhui said with a smile: "Lines wants to understand why these two properties are sluggish. Therefore, I am just optimistic that the mainland will open up. European and American capital will return to Hong Kong and the mainland sooner or later, so there are still prospects!"

Seeing Lin Zuhui's confession, Lions did not change his mind, but expressed his favor for Lin Zuhui's analysis.

In fact, the transaction between Standard Chartered and Hang Lung in the previous life was re-opened in 1992, when Hong Kong office buildings and shopping malls began to gain momentum.