Hong Kong's new giants
Page 345
"Okay! All gold has been bought at an average price of $330 an ounce."
Lin Zuhui has no bottom, so he only plans to cover his position once. If it falls to 315, he will cover his position once; if it falls to 300, he will be out.
There is no such worry about the spot stock. Anyway, he thinks it will rise to 400 US dollars per ounce, and once it reaches 400 US dollars per ounce, he will sell it to the market.
Investing in foreign exchange and gold is quite worrying, but Lin Zuhui thinks it is better to trade stocks in the future.
Thinking of stock trading, he remembered that the Xiangjiang stock market will skyrocket by 100% this year, from the current 5500 points, and even 11000 points at the end of the year; Singapore is also good, it seems that the premium has risen by more than [-]%.
The past few years have been the time of bubbles in Asia, real estate has risen, and the stock market has also risen.
And Europe and the United States will start next year, and their economies will gradually rise, so this year is a good day to buy bottoms.
After thinking for a while, Lin Zuhui said to Wu Guoming: "Help me invest in the Hang Seng Futures Index and form a professional team. I can only tell you that this year, the Hong Kong economy and real estate situation are very good. The Hang Seng Index may have an increase of 8 to [-]%. The best trend should be better in the second half of the year. You can also invest in index futures in the first half of the year. You invest well, and the capital should be set at [-] million Hong Kong dollars!"
With Lin Zuhui's analysis of the general situation, Wu Guoming was naturally full of confidence and said: "Don't worry, boss, we will definitely make the profit ratio brighter!"
Lin Zuhui emphasized: "As you know, I don't like disrupting the market very much, so pay attention to the influence. After all, the Hang Seng Futures Index affects the trend of the market, so don't lose more than you gain."
"Well, we'll keep an eye out."
Investing in foreign exchange, gold, and index futures soon lost 33 billion, and New Era Group had to raise 25 billion. His 90 billion cash is really worthless.
Of course, the rent of Hengjin Real Estate has skyrocketed, probably more than 15 billion a year.
This year, we still plan to give 1 million to each of the Seven Immortals, and 3000 million to each person in Singapore, which is equivalent to a capital expenditure of [-] to [-] million.
But this expense is necessary, because he wants to spread the risk!
Chapter 481 [Enter Canada]
No. [-] Central Avenue, Hengchang Holdings.
Lin Zuhui is having a meeting with a group of high-level executives, and those who can participate in this meeting are all senior executives at the president level. 'Hengchang Holdings' is equivalent to the comprehensive business group of New Times Group's 'non-real estate business', including: telecommunications, ports, shipping, retail, medicine, beverage and food, trade (auto sales, grain and oil sales), real estate and other businesses. A giant group.
All the presidents reported last year's performance one after another, and it was a bumper year.
Chen Musheng, president of Times Retail, reported: "Last year we added 5 more Yonghui supermarkets, increasing the number of supermarket stores to 68; adding 12 'Xiesto' convenience stores, and now a total of 150 stores; the retail business broke through 2 for the first time. The net profit of 7 million yuan has created history... While we are expanding, Watsons (including ParknShop) and Dairy Milk International (Wellcome Supermarket and 11-5000 convenience stores) are showing signs of fatigue, with stores decreasing instead of increasing... This is due to the success of our strategy. Our supermarket only needs to radiate [-] people to make a profit; the countryside surrounds the city. When we were developing in the center of Hong Kong and Kowloon, we still did not give up the development of new towns and countryside... My life Fresh supermarkets are still the biggest driver of profit growth.”
Listening to Chen Musheng's report, Lin Zuhui lamented the importance of looking beyond the times.The success of Yonghui Supermarket is somewhat similar to that of Wal-Mart Supermarket, and it has surpassed Wal-Mart's management and strategy.
Thinking of this, Lin Zuhui couldn't help but have a flash of inspiration. Since Times Retail is so good, why not pull it out and try it.
Lin Zuhui immediately said:
"The retail department will go to Canada to investigate, try to acquire a chain store with 100 stores, and then enter the Canadian retail field."
"If the acquisition is successful, we need to pay attention to a few points: First, we can't close the business, because this will lose old customers. While the store is open, it has gradually changed its color scheme, decoration, and trademark, and gradually changed its name and surname to Yonghui Superstores. "
"Second, humility. Retain all employees in the Canadian store, including management, and give them a raise."
"Third, continue our strategy: encircle the cities from the countryside, pay attention to the proportion of fresh food, sell at a low price, do not open hypermarkets, build a mature supply chain, and attach importance to self-owned products."
"Fourth, pay attention to the needs of the Chinese, and add some products that we Chinese are familiar with and demand."
Chen Musheng memorized while listening, for fear of missing a word.
The same is true for Yuan Tianfan. Although he is the president, the boss's generosity is very important to the company. He is more concerned with implementing the boss's general policy and coordinating the management of all subsidiaries.
Why did Lin Zuhui choose Canada?
Because there are many Chinese in Canada, there are about 80 at present.
In fact, Canadian retail companies have ruined Tesco and Carrefour, and so far Wal-Mart has not entered.
Chen Musheng put down his pen and said: "Okay, I will arrange to inspect the market as soon as possible!"
Lin Zuhui nodded. Under the joint attack of Wellcome and ParknShop, Yonghui Superstores can survive and have an upward momentum. This enterprise has undoubtedly passed the test of the market, and its comprehensive strength does not need to be questioned.
Entering Canada is currently the best way to expand!
Du Huilun, president of Hengchang Food and Beverage, said: "At present, our Jinmailang instant noodles and Wanglaoji have opened up the market... Wanglaoji's sales are still concentrated in Guangdong Province, Hong Kong, Macao, Taiwan, and Singapore... Laotan pickled vegetable instant noodles are concentrated in the southwest Regions... the company's current finances are sufficient to support the expansion requirements of Jinmailang and Wanglaoji."
Lin Zuhui nodded. Hengchang Beverages and Foods divided the mainland into eight regions. In the future, it is necessary to establish multiple production bases.
"The Red Bull brand from Thailand, I am more optimistic about introducing it to the mainland. I heard that the owner of Red Bull, Xu Shubiao, has hit a wall in the mainland and has not obtained a production and sales license. President Du, you go and invite him to Xiangjiang to discuss cooperation."
Du Huilun replied: "Okay, I will arrange it as soon as possible."
Xu Shubiao couldn’t get permission because he didn’t understand mainland policies. In this era, the mainland has just developed its market. Facing the surge of foreign capital, the mainland can only use joint ventures to restrain foreign capital, otherwise the mainland market will be completely occupied by foreign capital; after all, the mainland It has neither financial strength nor rich market experience in management, and foreign capital has played there.
So Xu Shubiao wants to get Red Bull's permission just by donating a few million in his hometown of Hainan, which is simply a fantasy.
Even if Lin Zuhui came to operate it, it is impossible to get permission for you directly, after all, the formula of this thing is 'poison'.Of course, if Lin Zuhui finds Huaxia Food Industry Corporation and gives him [-]% of the shares as a basis for cooperation; coupled with his contacts and a modification of the formula, it is very likely that he will get permission.
At the beginning of the new year, Lin Zuhui also plans to let Hengchang Beverage and Food Company establish a sub-brand - Nongfu Spring, which will set up bottled mineral water and fruit juice series; Research and development of 'ice green tea'.
So this year is a year of great development for Hengchang Beverage and Food Company.
After the meeting, Lin Zuhui and Yuan Tianfan came to the office.
Lin Zuhui asked: "How is the progress in Singapore?"
Yuan Tianfan is still very busy, mainly because Hengchang Holdings is too complicated. Even if he is the president, there are presidents of various subsidiaries under him, and it is inevitable that he has a lot of work, especially Hengchang, which is in the development stage.
"The 20 million funds from the sale of Prime Insurance have almost bought blue-chip stocks and the stocks of Yeoh Hiep Seng Group. Haiyu's market value has risen by more than [-]% compared with when we bought it, and market investors have responded well. After all, there is a boss like you Gold lettering."
Lin Zuhui nodded, there is no need to question and be modest, it is the truth.The titles of the richest man in the Chinese people and the god of stocks are no longer useful, so what reputation is still useful.
"How do you plan to inject capital into Singapore Central Plaza?" Lin Zuhui asked.
Yuan Tianfan said: "In the first half of the year, we plan to exchange the Group's Singapore Central Plaza by issuing warrants. The Group's total investment in Central Plaza is 16 billion Hong Kong dollars, including debts, with a value of 20 billion capital injections. We have received warrants. , Fundraising can start in the second half of the year.”
Warrants are definitely cost-effective. As long as Haiyu’s stock grows, the group will still make profits from warrants; warrants are a kind of warrant that can be exchanged for principal shares. If the agreed price is exceeded, then the price difference must be made up; but the agreed price must be higher than the current stock price, so this is to encourage major shareholders to develop the company well, you can also make profits, and the shares of shareholders can also appreciate.
Lin Zuhui said: "The plan is feasible! The market conditions are good, coupled with our promotion, the market value of 40 billion Hong Kong dollars in the second half of the year is not impossible. At that time, it will not be called "whaling Yang Xiecheng, but eating him."
Although Yeoh Hiep Seng Group has rich assets, its stock price is seriously lower than its net assets. The reason is that the company's profitability is not good, the controlling family has continued civil strife, and Yang Zhiyao's investment failure, etc.
Therefore, the current market value is only 2.6 million U.S. dollars, which is only 20 billion Hong Kong dollars.You know, the value of its factory buildings in Xiangjiang is more than 20 billion.
Then, Yuan Tianfan said: "I have arranged for the directors over there to keep an eye on Yang Xiecheng. If there is any trouble, we can jump out of the water and make a formal acquisition."
"Okay, I think so too! If they develop high-end residences on the Bukit Road site, it can be regarded as a step in our plan for the Singapore residential market."
"Um"
Chapter 482 【Family】
Wing On Centre, LEIT Group.
Lin Zuhui was in the office, looking through the performance of the LEIT Group in the past year.
Crocodile shirts, Giordano, and Jeanswest, the performance of the three brands has risen sharply again, and the three brands also correspond to mid-to-high-end, mid-to-low-end, and low-end brands.It is precisely this kind of positioning that makes these three brands very popular throughout Asia; of course, there are also key markets. For example, Giordano is a best-selling brand in Taiwan and Xiangjiang, crocodile shirts are also a best-selling brand in Japan and Xiangjiang, and Jeanswest is going fast. There are stores in many important cities in Asia, and the sales volume is also very good.
IT fashion retail, Luk Fook jewellery, British Harvey Nix boutique department store, Ouchi Secret Detective underwear brand...Unknowingly, Lin Zuhui has established a fashion empire with an annual turnover of 130 billion Hong Kong dollars and a net profit of 10.2 billion Hong Kong dollars.
You can become a giant without selling luxury goods.
Beginning this year, the LEIT Group can start to enjoy the development dividends of the mainland, and it will show explosive growth in the next few years.
In recent years, Lin Zuhui has insisted on developing LEIT Group in Asia instead of trying to develop in Europe and America. The main reason is that the Asian market is still huge, and LEIT Group also needs a larger background.
LEIT Group has 63 stores in Asia, including more than 30 stores in Xiangjiang alone; in addition, in Xiangjiang, it also owns a number of valuable properties such as the LEIT Group Building (combined and rebuilt), two crocodile shirt factory properties in Kowloon, etc. property.
Lin Zuhui's idea is very simple. Sooner or later, the apparel industry will face strong competition. At that time, the brands under LEIT will also be greatly affected; then, with its stores, LEIT Group can also live a very prosperous life.
After a while, Chen Shiwen, president of LEIT Group, came to Lin Zuhui's office.
Lin Zuhui said to him: "I want the LEIT Group to enter the wine field. You can ask the top executives in London to search for suitable wine estates in Bordeaux, France, and then make acquisitions."
As a senior talent in this field, Chen Shiwen naturally knows this knowledge.
"Boss, I'm afraid it's a bit difficult for the listed estates. The French are very stingy. For other estates, if you don't move too much, there should be no problem."
Bordeaux has only more than 60 famous red wine chateaus, but there are more than 7000 red wine estates. In addition, the French have always regarded local luxury goods and red wine estates as "national assets", so it is really difficult to acquire them.
Lin Zuhui smiled and said: "Not necessarily, you have to try it. Didn't the Japanese buy a century-old red wine estate in 1983? It took two years of negotiation to complete the transaction. However, the French economy has fallen to the bottom this year. It’s time for us to buy the bottom. At that time, we will buy some advertisements in the French media, claiming that this is a good opportunity for French red wine to enter China. I don’t believe they will not be tempted.”
Entering the mainland is definitely a scam, and the red wine market in the mainland will not open until at least 2000.
Chen Shiwen nodded and said, "Okay, I'll let people go find the target first!"
Lin Zuhui said: "It's best to buy a classified manor, and it's okay if you can't. But it's better to buy a red wine manor with a slightly larger area and a longer history. Our group will slowly operate the red wine business to complete a business field. If you have a goal, you can tell me, I plan to travel."
Class-level manors also have levels, which are divided into five levels. However, except for first-level manors, the number of manors in other levels is about the same, about a dozen.
"Ok"
……
In the blink of an eye, the Lunar New Year in 1993, Lin Zuhui's family gathered at the Lin's ancestral house at No. 75, Deep Water Bay.
The Lin Zuhui family is often used by Xiangjiang citizens and the media, and Lin Zuhui is naturally the founder of this family.
In Xiangjiang, "family" is a very honorable word. Firstly, there must be a family business, and secondly, there must be family members.
In Xiangjiang, centuries-old families abound, such as the Guo family of Wing On, the Fu Laorong family of the second-generation 'D King' of Macau, the Li family of the Bank of East Asia, the Ho Tung family... countless old families.Although some families have 'declined', it is actually a superficial phenomenon. These families have only declined in business, but their family members are all wealthy, with assets in Hong Kong and overseas.
Especially overseas, Xiangjiang’s families have a lot of assets. For example, Guo Desheng’s family owns properties worth billions in San Francisco, as well as Cha Jimin’s family, Run Run Shaw’s family, Chen Qizong’s family, Luo Yingshi’s family, Luo Xurui’s family, and Yang Zhiyun’s family. , Feng Jingxi family, Hu Xian family, etc., the overseas assets of these families can be said to be wealth starting from one billion.
An authoritative American financial magazine "Forbes" pointed out in an article that there are about 5500 million overseas Chinese (including Hong Kong, Macao and Taiwan), with an annual output value of 5000 billion US dollars, equivalent to more than the gross national product of the mainland; the total assets of overseas Chinese are almost 2 billion US dollars, close to two-thirds of Japan's total assets (Japan's population is 1.2 million), and the per capita possession of assets exceeds that of Japan.
The foreign exchange reserves of the three economic regions including Xiangjiang, Singapore, and Taiwan Island are 1700 billion US dollars, which is equal to the sum of Germany and Japan, the largest economic powers in Eurasia.
Many economists in the West compare the Chinese living overseas with the Jews, and call them "Oriental Jews" in good faith.Individual indigenous societies in Southeast Asia cursed Chinese people of Chinese descent as Eastern Jews.
Having said that, Lin Zuhui feels that the two ethnic groups are somewhat similar, they are both hardworking, thrifty, and rich.
In Indonesia, Chinese only account for 3% to 4% of the population, but they control the country's economic lifeline. Chinese own 70% of private capital. Among the 200 large companies in Indonesia, Chinese account for 160; in Thailand, Chinese account for 10% of the population. , but controls the four major private banks; in Malaysia, the top three richest people over the years are all Chinese, and the Guo Huonian family has survived for 20 years.
Because of being so rich, they naturally received some bad treatment, so Southeast Asian capital has settled in Singapore and Xiangjiang in recent years, which can not only leave a way out, but also take the opportunity to enter the mainland.
Of course, they did not give up the power and wealth of Indonesia, Thailand, and Malaysia. Although Guo Huonian settled in Hong Kong, he still arranged for his children to do business in Malaysia. impression.
At the New Year's Eve dinner, Lin Zuhui looked at the Eight Immortals and the Twelve Sons, and couldn't help sighing, "This is the country I have laid down."
All the girls looked at the head of the family with smiles on their faces, and all of them were very satisfied with their current lives.
Lin Zuhui said with a smile: "Every time you return to your country of nationality, are you familiar with the environment of the day, and do you carry out local activities with the protagonist's mood?"
The girls were taken aback for a moment, and suddenly showed some reluctance!
Guan Jiahui immediately said: "You want to drive us out of Xiangjiang?"
Lin Zuhui said seriously: "It's not to drive you back to your country of nationality, but in 1995, the children went to study there, and then returned to Xiangjiang for winter and summer vacations. As for you, I suggest that you also start a business locally. This year I will give [-] million each of you to invest."
Li Jiaxin also asked anxiously: "Then what counts as our reunion? In Xiangjiang, we still have a month to stay alone for two days, and everyone can get together every weekend. Are you..." Brake in time, because the child They are also there.
Lin Zuhui stared at Li Jiaxin like this, this woman is so real, she almost lost her image among the children.
"You are all rich people, why are you afraid of this distance? You can go back to Xiangjiang at any time, and I often travel abroad, so what's wrong with that. It saves the eight of you from staying in Xiangjiang. The goal is so big. I let so many immigrants The purpose is to share the risk of family wealth. I became the richest man in the world at a young age, and I don’t know how much wealth I will have in the future. Think about it for yourself. If you really don’t want to stay abroad, I won’t force you.”
The voice just fell.
Everyone still expresses their opinions one after another, and they will go to the local area to gain a firm foothold and raise their children.
Li Jiaxin said as if competing for favor: "We don't mean to stop talking with you, but we just need to make things clear. If we can go back to Hong Kong at any time, we are naturally happy to go abroad. There are still many people in Hong Kong who want to immigrate!"
It is a fact that many people want to immigrate. Zhou Xingchi still wants to immigrate, but his background is not enough.
The main reason is that the Xiangjiang River is too small, and there is something like a small boat in the sea, which is so crumbling in the storm.
Family branches must be established, so that Xiangjiang will not be able to accommodate so many rich people in the future.
Lin Zuhui can create trillions of wealth before 2022, and every outstanding son in the family can inherit more wealth by then.
Of course, it is to use the money to repurchase assets, not to share the business of the main wife.
Chapter 483 [The beginning of the new year]
Thursday, November 1.
Today is the sixth day of the Lunar New Year, the first working day after the year.
Lin Zuhui and Wang Lingyin also came to the headquarters of New Times Group - Central Plaza on time.Every year, the couple will distribute lai sees here. Wang Lingyin is also the management of New Times Group, and she is also a director of New Times Group.
There are nearly 1000 employees of New Era Group in the headquarters. They are all high-income earners in Xiangjiang, which is equivalent to a central organization.
Employees engaged in real estate and finance in Hong Kong have a monthly salary of 2 to 6 Hong Kong dollars. They wear suits worth 10000 yuan, belts worth more than 1000 yuan, handbags worth 5000 yuan, leather shoes worth 3000 Hong Kong dollars, and glasses worth 2000 Hong Kong dollars. Tens of thousands of yuan, just a month's salary to wear on the body.
Of course, the general salary in Xiangjiang is not so high. According to the statistics at the end of last year, the average salary of manufacturing workers is 7800 yuan, that of hotels and restaurants is also 7500 yuan, that of employees in the transportation/warehousing/communication industry is 15800 yuan, and that of college graduates is 1.2 yuan.
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