Hong Kong's new giants
Page 338
Friday, April 10.
In the office of Huazhi Center, Chen Bin walked into Lin Zuhui's office.
Chen Bin, who had just returned from an inspection tour in Canada, could see that he had not had time to rest, so he returned to work in the company.
Lin Zuhui didn't praise him for his desperate way of working, so he educated him: "You are also the president of a multinational company now, and you can't even arrange your own rest time. There are so many senior employees in the company. You don’t need to do everything yourself. Moreover, I also hope that you high-level managers will train and train the company’s management.”
Chen Bin quickly said: "The boss is right, I will pay attention in the future."
Only then did Lin Zuhui nod his head in satisfaction, and said, "Yes. Tell me, what do you gain?"
Chen Bin took a sip of the brewed tea, straightened out his thoughts, and then reported: "We have reached a preliminary agreement with Canada's Marathon Realty (a real estate branch of the Canadian Pacific Railway Company) to jointly develop the new town of Gaohao Port and tourism District. The port covers an area of 64 acres, and the preliminary plan is to build 2200 luxury residential units, 220 million square feet of commercial building area, and a high-end hotel with 300 yacht berths.”
Lin Zuhui asked: "Does the Canadian side have any requirements?"
Chen Bin nodded and said, "They want us to set up a real estate company in Canada!"
Lin Zuhui said: "There is no problem with this. I will go to Canada later to finalize this project."
Speaking of which, New Times Group has a listed hotel company in Canada, which mainly consists of three- and four-star executive hotels.However, there is no need for this project to be under the banner of a listed company, and the benefits are only half.
This project was actually introduced by Richman, and Lin Zuhui also felt that it was worth investing in. Although the rate of return on investment in Canada is not high, but because it is a developer, it can at least guarantee an annual rate of return of more than 15%.
The important thing is that you can also hold commercial buildings and hotels for a long time, which is very good.
In the past few years near Jiuqi, many Chinese immigrated to Canada, and there was no need to worry about sales.
Chen Bin went on to say: "There is also a project progress in Malaysia. In Johor Bahru (near Singapore) there is a commercial block with an area of 8.6 square feet. If it is won, two 30-storey office buildings/four- and five-star hotels can be built. , and multi-storey shopping malls. The total rental area can reach 65 square feet, and an estimated investment of 10 billion is required.”
Lin Zuhui frowned slightly and said: "The plot ratio is so low, the investment is not small!"
Chen Bin nodded, and said: "The real estate situation in Southeast Asia has been very good in recent years, thanks to the economic downturn in Europe and the United States, as well as the open policy of Southeast Asia."
Lin Zuhui is relieved that the bubble economies in Thailand, Malaysia, and Indonesia are about to start, and they will be very large by 1996; Soros and other European and American international speculators discovered the bubbles in these countries in 1996, and then attacked them of.
Of course he wasn't interested, how much money did Soros make in one snipe?
He doesn't like it at all!
He prefers to boil frogs in warm water, and use the general trend to slowly scrape oil on foreign exchange, gold, and oil.
"Well, we will also do the project in Johor Bahru, Malaysia, and get it as soon as possible!"
"Ok!"
Lin Zuhui had calculated that if he sold the office building at a high price in early 1996 and kept only the shopping mall and a small part of the office building, he would definitely be able to make a lot of money.
Lin Zuhui asked Chen Bin to go home early today to rest and come back to work tomorrow.
The New Era Group implements a holiday on Sunday, one day off a week, and 12 days of annual leave.
Weekends are definitely not normal, we Chinese people should be more diligent, who told us that we are trying to catch up with Europe and the United States!
After Chen Bin left, Lin Zuhui also felt a headache. He wanted to expand aggressively when the investment conditions were good.
However, New Era Group needs a lot of money to do it.
The investment in Gaohao Port and Johor Bahru is not a big deal, so Lin Zuhui easily agreed to invest.
And the Canary Wharf project in London next year is estimated to have a total value of 15 billion pounds (currently 1 pound is equal to about 1.5 U.S. dollars), which is around 22.5 billion U.S. dollars.
Lin Zuhui plans to take 1% of the shares. After all, [-]% is promised to Richman (needs to be redeemed with money), which is an investment of tens of billions of Hong Kong dollars.
The money of the New Era Group is still not enough!
Issuing 30 billion Hong Kong dollars in bonds this year, plus the remaining net profit, is estimated to be more than 60 billion; next year, even if the net profit is 140 billion, it will be 200 billion for investment.
Next year, we will have to issue bonds and rights issues to raise funds, at least 50 billion Hong Kong dollars.
At present, New Times Group no longer needs to invest in foreign exchange, gold, and Hong Kong stocks to obtain non-recurring profits.
The US$4.5 million US stocks he invested in New Times Group will reap at least US$2000 billion in returns by 90.
Therefore, other financial investments will no longer bring New Era Group.
Lin Zuhui made his own money, and he could spend a small part of it to buy New Era Group's bonds and participate in the rights issue.
……
Saturday, Fanling Golf Course.
Lin Zuhui, Lee Shau Kee, Zheng Yutong, He Hongsheng, four Hong Kong and Macau tycoons, made an appointment to play golf together.In fact, in the eyes of the top tycoons, going to the racecourse is a waste of time, and everyone prefers the golf course.
How much Xiangjiang Regal loves golf. To put it simply, everyone often makes appointments to play the best golf overseas, such as the United States and Southeast Asia.
There are quite a lot of entertainment among the rich in Xiangjiang, playing cards, horse racing, playing waves... There are quite a lot of stories; in the early years, I often played "slanting nails" and "hoe big D" (also called hoe brother) together with Uncle Tong The rich include eldest brother Cheng, fourth brother, uncle Xuan (Zhou Wenxuan) and others.They have a history of small gambling for decades. At first they liked to play mahjong, but later they felt that mahjong was time-consuming and brain-intensive, so they switched to "Hoe Big D".As for how much a card costs, it is rumored to be five figures.Uncle Tong's "hoe big D" skill is "mama" (average), the eldest brother Cheng and the fourth brother are ever-victorious generals.But on the golf course, Uncle Tong is superior.
Golf was originally a fashionable game for foreigners. As the Chinese gained power, more and more golf friends among Chinese gradually increased.Friends who are friends are either rich or expensive.Lin Zuhui, Zheng Yutong, Li Ka-shing, Lee Shau Kee, the late Guo Desheng, as well as business upstarts Lin Jianyue, Liu Luanxiong, Zhao Shiguang, Rong Zhijian, etc., are all big friends on TRON.
It is easier for everyone to reach a consensus than sitting in the office when they chat about things while chatting.
Zheng Yutong said: "We only hold 41% of the shares of Unmac Petroleum Company (at a cost of 7000 million Canadian dollars, about 4.27 million Hong Kong dollars), and the holding is still not safe. Next year, we will try to acquire another oil company and merge the two companies. Come, we will have a greater right to speak."
The four partners made a deal this year, which is to enter the Canadian oil field.Hong Kong businessmen are like this. If anyone invests in a certain field in a certain place, everyone may invest in it one after another.
Big Brother Cheng spent 100 billion in Canada to acquire Husky, and everyone naturally wants to follow suit.In fact, Hutchison Whampoa is currently losing a lot of money on Husky. Da Gecheng even blamed Ma Shimin for not managing well (integrating resources). This is one of the reasons why Ma Shimin will step down next year.
Lin Zuhui holds 15% of the shares in this combination, and he is regarded as the smallest shareholder, because he knows that before 1999, there was no leader in the oil industry.In 1998, oil fell to an all-time low of $9 a barrel.If you buy the bottom at that time, you will make a lot of money.
Out of the friendship between friends, he invested some in moderation, and if this business is planned for a long time, it will not lose money, and the rate of return may not be bad.
Everyone echoed, saying that next year they can buy another bigger oil company, merge the two oil companies, and try to squeeze into the top 20 oil companies in Canada.
Then, everyone curiously asked Lin Zuhui about investing in commercial real estate in the United States.
Lin Zuhui replied: "My company over there is doing investigations in this area, and now we still have to wait for Olympia York, the largest private commercial real estate company, to go bankrupt, and then it will be considered to be at a low point. Moreover, I heard an insider report that the New York government We are setting up a property dedicated to selling mortgages to banks, and we will definitely be able to pick up leaks at a low price."
Zheng Yutong said with a smile: "Zu Hui's contacts in the United States are really powerful!"
Lin Zuhui said politely: "They are all friends from the previous investment. What magical powers there are there. In short, next year, investing in commercial real estate in the United States will still be profitable. Of course, the rate of return in Europe and the United States will not be as high as there. With Xiangjiang as the center, the second investment direction is the mainland.”
Everyone believed that, in the 80s, rich people from Hong Kong and Macau invested in Europe and the United States, and the amount was probably nearly 600 billion.As a result, none of them were successful. In the past year, everyone withdrew and invested in Hong Kong and the mainland.
Of course, there are also those who are unwilling to give up and plan to share the risk. For example, he knows that Zheng Yutong is planning to spend 60 billion Hong Kong dollars to acquire a hotel group in the United States, which can be described as a big deal.
The Zheng family's investment in hotels is second to none in Xiangjiang, but because of this, it is also ranked last among the four major families.
Chapter 4 Seventy [Investment in Rebus]
Monday, May 10.
News Building.
Lin Zuhui inspected the various departments, and he seemed to be in a very good mood.
Newspapers and magazines have been at their peak in the past few years. Even Ming Pao Group's annual profit is 1.5 million yuan, and Wanhui Media's print media department has an annual profit of 2.5 million yuan.
Of course, the most profitable department is the 'comics department', with an annual profit of more than 4 million yuan, which is due to the continuous increase in investment.The original "Hong Kong-style comics" of the comics department had an annual profit of about 1.5 million, and overseas contributed nearly half; the "Japanese comics department" that has been in development for the past two years has a strong growth rate, and the three signatures "Slam Dunk" and "Detective Conan" , "Pokémon" has driven the growth of the entire department, and even the entire Xiangjiang Comics.
Back in the office, Long Jingchang came in to report on his work.
"Boss, the acquisition of Activision has been negotiated, and the agreed price of 70% equity is 450 million US dollars."
Lin Zuhui didn't feel fluctuated when he heard the words. As a game fan in his previous life, he didn't like Activision. In everyone's opinion, Activision's acquisition of Blizzard Entertainment was worried about affecting the quality of Blizzard Entertainment's works.
Because of the attention and warnings from game fans all over the world, Activision has been promoting Blizzard Entertainment as the only independent division of the company.
In this life, Lin Zuhui bought Activision and Blizzard Entertainment together while the industry was still in its infancy.The main reason is that Activision is a game developer, publisher, and distributor, while Blizzard Entertainment is just a small, humble game development company.
"Well, don't interfere with their operations, just supervise the finances. Before Blizzard Entertainment develops new products, the two companies can complement each other's resources."
Long Jingchang nodded and said, "Okay, I'll take some time to introduce the presidents of the two companies to each other!"
As the president of Wanhui Media, Long Jingchang's skills over the years are no longer limited to the ability of a newspaper, and he has quite strong management skills and vision.He has no doubts about the boss's layout, so he recharged himself while working all these years to be qualified for this position.
Then, Lin Zuhui said: "We invest in Activision and Blizzard Entertainment, do you know what the purpose is?"
Long Jingchang quickly said: "I know, the most important thing is to step into the field of video games based on the two companies. The time is right, we want to establish a game development company in Hong Kong. Therefore, we are also looking for game development companies in the United States recently. The company intends to use Blizzard Entertainment to carry out mergers and acquisitions, enhance the strength of game development, and cultivate talents, who can be transferred to Xiangjiang to work in the future."
Lin Zuhui nodded, agreeing with this statement.
In his mind, the game department of Wanhui Media will be established in the second half of next year, and then the "random" research and development stage will be carried out; in 1994, it will be able to enter the research and development of "Legend", and strive to release the real "Legend" in early 1997. The first "online game", the first to implement the monthly subscription system (there is free time in the early stage).
Definitely an instant hit!
His goal is to copy Bangzi's game industry, and the market naturally relies on the mainland market.
Then, Lin Zuhui said to Long Jingchang: "This time I went to the mainland and found that the computer software in the mainland is developing very well, especially a company called Hong Kong Jinshan Company. The WPS developed by them occupies more than 90% of the word processing market in the mainland. You Go and inquire about the situation, and then report to me, I intend to let the company enter the software field."
Long Jingchang couldn't help admiring the boss's unconstrained ideas. He had just decided to enter the game field, and he immediately set his sights on the software field.No wonder, although the boss is the largest real estate developer in Xiangjiang, he gives the public the impression that he is an all-around entrepreneur.
"Okay, I will get the information of this company as soon as possible!"
"Well, especially pay attention to a talent called Qiu Bojun. In software, talent is the most important thing."
"Okay, make sure to find out."
After Long Jingchang left, Lin Zuhui couldn't help laughing.
He is a drunkard who doesn't care about drinking, Qiu Bojun is second, he cares about Rebs.
Of course, he doesn't care about Rebus the most, what he cares about is the strength of Huaxia Software.
He knows the importance of WPS. This software can be said to be in the same camp as Microsoft Word at present, but it was defeated by Microsoft Word in 1995 in the previous life; although it regained the important position of office software after 2010, it is actually because of Word. It's just too expensive.
And he also knew that the biggest reason for the failure of WPS in 1995 was the development of Pangu software, which wasted the best time.
In the final analysis, it was because Rebs did not realize that the computer system Windows would completely replace the DOS system, and WPS and Pangu software were office software developed based on the DOS system.
Of course, Lin Zuhui didn't intend to let Rebus and Qiu Bojun work for him completely, after all, others would definitely not work all the time; moreover, Lin Zuhui also needed to support the spokesperson in the mainland.
Therefore, he intends to cooperate with the two as an investor.
Of course, this investor must have a considerable say.
At the same time, he can cultivate a game agency company and talent training base, so why not do it!
……
A week later, Lin Zuhui came to the capital.
In a high-end restaurant, he and Long Jingchang entertained Qiu Bojun and Lei Jun, but Zhang Xuanlong from Hong Kong Jinshan Company was not invited.
Zhang Xuanlong is the son of Zhang Kaiqing, the founder of Hong Kong Jinshan Company. Both father and son are mainlanders. Zhang Kaiqing came to Hong Kong to establish Hong Kong Jinshan Company in 1973. Zhang Xuanlong succeeded his father in 1980.In the early days, this company mainly engaged in the assembly and sales of IBM PC compatible computers. To put it bluntly, it was an agency company that dispatched mainland Chinese to Hong Kong to obtain Western technology products.
And Qiu Bojun is a software genius. The WPS software he developed currently occupies 99% of the computers in the mainland, and can sell 3 sets a year, with sales reaching 6600 million yuan.
However, all of this has nothing to do with the greatest hero Qiu Bojun.Of course, if money was first discussed, Qiu Bojun might not have achieved what he is today.
The two were suddenly invited to dinner, and they were a little uneasy, which fit the image of engineering students very well.If it wasn't for Lin Zuhui being the richest Chinese man, they would be more curious, and they might not even be invited.
Lin Zuhui introduced himself: "Let me introduce myself. My name is Lin Zuhui. I am a Xiangjiang businessman. Have you heard of it?"
Qiu Bojun said: "Of course I have heard that Mr. Lin is a representative of Xiangjiang patriotic businessmen in the mainland. We have heard of your name for a long time. My name is Qiu Bojun, and I am a software developer."
Rebs said quickly, "Mr. Lin, I'm Rebs, and I'm also a software developer."
Lin Zuhui said with a smile: "I've known you for a long time, this is the CEO of our company, you should have met him before. Then let's sit down and eat!"
During the meeting, Lin Zuhui was not in a hurry to express his thoughts, but just chatted with two celebrities from previous lives about the domestic software market.Speaking of this, Qiu Bojun and Rebs seemed to be a lot more cheerful, and they became a little talkative.
When the time was right, Lin Zuhui turned around and said, "You two, in fact, in my opinion, WPS is already in a very dangerous situation!"
Everyone was taken aback, thinking that you still know software?
Qiu Bojun said modestly: "Mr. Lin, what you mean is that your company has also developed better office software?"
Lin Zuhui shook his head with a smile, and said, "No, our company is preparing to invest in this business, but has not started to get involved. What I mean is that the Windows system will replace the DOS system, and your WPS is developed based on the DOS system." Not only that, Microsoft has already set its sights on the mainland market, and soon you will face a powerful opponent. This opponent has thousands of talents, and their software is improving every day, while you only have a dozen talents. How to fight!"
Engineering students also have a temper, and the two looked a little dissatisfied.
Qiu Bojun said: "Mr. Lin may have his own opinions on this industry, but our WPS will also improve, and we will not be easily defeated."
Lin Zuhui continued: "Once you are defeated, you have no chance of turning around. And Microsoft is defeated, and you can make a comeback. This is hard power. Although the two are technical masters, are Americans not good?"
Having said that, the two finally calmed down. Microsoft is definitely a respectable opponent.
Still Qiu Bojun asked: "How did Mr. Lin know that Microsoft will replace IBM's DOS system?"
Lin Zuhui said frankly: "I am a businessman. I analyzed the market value of Microsoft's stock. In recent years, Microsoft's market value has been growing by more than 20% every year. At present, their market value has reached 260 billion U.S. dollars. It can be said that in the future, this A company will monopolize all computer systems in the world. With the strength of thousands of R&D personnel, no company can compete with it. Of course they will not satisfy the monopoly on the system, and they will also monopolize the software. So, they actually It has already set its sights on the mainland market.”
Having said that, Qiu Bojun and Rebs were finally moved, and also realized a certain danger.
However, Qiu Bojun was the first to react and asked, "What does Mr. Lin mean by discussing these issues with us?"
Lin Zuhui motioned to Long Jingchang for the next question.
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