Hong Kong's new giants

Lu Xiangdong asked: "Are the rental properties in the Mainland going to be split and listed?"

The implication is that if the rent collection in the mainland is also divided into Chinese Land and China Plaza, it is obvious that there will not be too many assets in the spin-off and listing.

Lin Zuhui said: "Forget it, we are not short of money. In the future, you will be the director of the group, and you will still be in charge of the current mainland projects. After that, the commercial real estate in the mainland will be planned, designed, constructed, invested, and managed by the brands and companies. coordinate management."

Whether it is a spin-off listing or a European and American trust model to raise funds, it is not suitable for New Times Group, because this company is not short of money.Therefore, except for the necessary cooperation (real estate funds of European and American financial institutions), the rest will be distributed regardless of the cake.

Yuan Tianfan said, "What about the Central Plaza in Singapore?"

Lin Zuhui said: "The property rights belong to Haiyu, and the management rights belong to Central Plaza. When the time is right, it will be sold to the Central Plaza brand."

After a discussion, everyone determined the development direction of New Era Group's commercial real estate.

Therefore, at the end of the meeting, Lin Zuhui said decisively: "Okay, this plan will be approved. Director Gao, you will take the lead, and immediately go to the United States to form a company and register, and recruit talents; President Chen, Director Liang, and Director Lu. You will lead this reorganization of assets. Although reorganization of assets requires energy, I hope that you will show efficiency and decisiveness, and try not to affect the normal operation of the company."

"Yes, boss!" Everyone said in unison.

In fact, the ultimate goal of the whole plan is to create a shopping mall brand in Europe and America. Lin Zuhui hopes that it can become an important way for New Era Group's asset growth.

This project has a 25-year high-speed growth period. By 2015, part of the shopping center or equity will have to be sold to reduce the impact of the Internet shopping era.

In fact, when New Era Group launched this project, Lin Zuhui had already asked his investment consultants, as well as friends and allies in the United States, to introduce partners or give advice.

Lin Zuhui's idea is that it is best to use 10 billion US dollars to acquire about 20 shopping malls (companies), and then carry out the transformation in batches and replace them with the "Amazon" brand.

……

Deep Water Bay Golf Club.

Lin Zuhui, Zheng Yutong, Lee Shau Kee, He Sheng, the four Xiangjiang bigwigs gathered for tea together. The four of them are not considered a circle. The gathering is only for business matters, not reminiscing about the old days.

Just like Zheng Yutong and He Sheng's gambling industry circle, Lin Zuhui has no interest and will not get involved; and the cooperation between Lin Zuhui and Lee Shau Kee is limited to business cooperation.

If we talk about circles, Big D will be a real circle, but this circle is of the nature of 'play'; when everyone gathers together, they talk less about business matters and more about romantic affairs.

Zheng Yutong had just returned from Vancouver, and he organized a party for everyone, which was undoubtedly the work of the oil company.

The four previously formed a consortium to acquire a 41% stake in Unmac Oil, a small Canadian listed oil company, for a total of 7000 million Canadian dollars (4.27 million Hong Kong dollars).

Zheng Yutong has always been dissatisfied, thinking that this oil company is too small, especially when compared with Husky, which is worth tens of billions; there is also competition and comparison among the big guys, not to mention that "global investment" is the largest investment of all big guys. investment philosophy.

Although the Guo Bingxiang family has always said that they will keep every penny in Hong Kong and invest in the mainland, in fact, they use the family's private company to invest in many industries in Canada and the United States, and the value should be more than 15 billion US dollars.There is nothing wrong with saying that Sun Hung Kai Properties is indeed investing in Heung Kong and the mainland, while other people's overseas investments are unlisted private companies.

The same is true for Lee Shau Kee, who has also invested a lot of assets overseas, such as Suntec City in Singapore, Baifuxuan in Vancouver and so on.

Of course, the real "capital transfer school" in Xiangjiang has to be Lin Zuhui, the 8 skyscrapers in Manhattan and the Canary Wharf project; there must be voices of criticism, but Lin Zuhui is not moved at all, and he just explained it once. "Too small" to describe the situation faced by New Era Group.

Zheng Yutong said with excitement once on his face: "I was lucky this time. I didn't find a suitable opportunity in the first half of the year. It happened that the oil plummeted. I found a cheap oil company to sell."

Lin Zuhui asked, "What's the specific situation?"

Zheng Yutong immediately explained: "West Energy, a Canadian listed company, intends to sell the entire equity of its wholly-owned subsidiary, West Coast Petroleum Company, at a price of 2.4 million Canadian dollars (15 billion Hong Kong dollars). This company..."

Lin Zuhui and Li Zhaoji listened carefully. He Sheng and Zheng Yutong went to investigate together.

After listening, Lin Zuhui said: "The current international crude oil price is about 14 US dollars per barrel. No wonder this listed company is eager to sell, fearing that it will rot in its hands."

Zheng Yutong thought that Lin Zuhui was not optimistic, so he explained: "So it is our opportunity. Oil is an industrial raw material and an indispensable mineral resource. The price of 14 US dollars is almost the lowest. Buying this West Coast company now is a real opportunity. It's time to pick up a bargain."

He doesn't like the top price, but he likes to miss out. For example, the New World Center and the Convention and Exhibition Center were all won when the real estate was at a low point.

Lin Zuhui said: "That's true. I agree to win this company as soon as possible, and then merge it into Unmac Oil, and still maintain the listing status."

Zheng Yutong said happily: "Yes, Ah Hong and I think so too. Once the merger is completed, the new company will become Canada's 20th largest oil and gas producer."

Based on this calculation, Husky might be worth tens of billions.

The four quickly agreed to the operation, and handed it over to Zheng Yutong and He Sheng.

In this way, the oil company has invested 19.5 billion Hong Kong dollars, and Lin Zuhui has invested a total of 15% of the equity, which is considered trivial and not worth mentioning.

Next, while chatting, Lin Zuhui said relaxedly: "Uncle Tong, you are optimistic that crude oil is going to rise, why don't you trade crude oil futures!"

But it's a joke.

Sure enough, Zheng Yutong said without hesitation: "I don't trade in stocks, let alone futures!"

Lin Zuhui continued: "This is strange, you obviously like to gamble with two hands."

Zheng Yutong is the chairman of the board of directors of the entertainment company (He, Zheng, and Huo take turns serving as the chairman of the board of directors of Macao Entertainment). He himself went to Vietnam, the United States, Canada, Australia, Iran and other countries to bid for casinos, although most of them failed. And return, but the enthusiasm is unquestionable.

He Sheng interjected: "You don't understand the two of us now. Although we run a casino, we don't like gambling. Of course, Ah Tong likes to gamble a little. It's a pleasure."

Zheng Yutong nodded with a smile, and said: "Small gambles are fine, medium gambles are fine, and you can't lose much money. If someone is better at gambling than me, I have no choice but to bow down. For example, Ah Hui, you never go to a casino, nor do you participate in a casino. Business, but gambling skills are let down, memorizing cards, watching words and demeanor, if you go to Macau casino, Ah Hong will probably invite ten or eight beauties to entertain you, let you be merciful!"

The crowd laughed.

Lin Zuhui has a super brain, and he has an absolute advantage in playing cards with others; he has keen observation skills and can see the thoughts of the opponent's face, so seriously, he is really a superb player in gambling.

Even playing psychological warfare, there are not many people who are his opponents.It’s like the words of the strongest dealer in a casino in a movie: “I bet with the company’s money, winning or losing has nothing to do with me, but you are betting with your own money and care about winning or losing. At this point, you have already lost.” '.

As for gambling, for Lin Zuhui, he doesn't care about the money on the gambling table at all, and there will be no big fluctuations in hundreds of millions or billions.As for betting [-] billion, who would dare to bet with him!

Lin Zuhui said with a smile: "I actually like to gamble. For example, Uncle Tong just said that crude oil is almost the lowest price. I just want to buy some crude oil futures for fun. Maybe I can earn more than we buy oil companies!"

He spoke lightly, and he didn't seem to worry about being discovered, after all, this kind of investment is very cautious.

Zheng Yutong shook his head and said, "You're more likely to involve me, anyway, I dare not invest in futures!"

Although Li Shau Kee is tempted, he dare not invest. He likes to invest in Heung Kong Securities. He is still relatively proud of the prediction of the '[-] stock market disaster' (too high), even though it was predicted by Lin Gaoyan.You know, Li Chaoren can't even lose.

Lin Zuhui said: "Haha, then I will invest, and I will go back and study it later! By the way, the US economy has come out of the downturn this year, and Futura Fund No. 1 has succeeded in buying bottoms. Let me inform you several major shareholders."

The three couldn't help but admire Lin Zuhui's ability, and they all sent praises one after another.

Fuli No. 1 specializes in investing in retail properties in Manhattan, with an initial capital of US$5 million, and finally bought a retail property worth US$5.5 million, with a loan of only US$0.5 million; after all, this is a real estate fund and is not suitable for loans.

Different from the preparation of the 'Amazon' shopping center this time, the large shopping center in Fuli No. 1 belongs to the retail property in the heart of Manhattan, and the unit price is naturally high.

The Amazon shopping mall is not concentrated in the city center, nor is its positioning; it should pay attention to the regional cluster effect, that is, to gather the surrounding ones here; pay attention to the brand effect, and the European and American retail businesses will only have one "Amazon" brand, unified Advertisements, signs, etc., so that it is easier to gain popularity...

Chapter 523 [Cooperation with Goldman Sachs]

In late October, Manhattan, New York.

In the office of Hengjin Investment, Lin Zuhui heard about the '100 billion' plan, which no longer has any traces of family office participation.At present, Lin Zuhui has completely separated the family office and Hengjin Investment, and the two have nothing to do with each other.

To be honest, Lin Zuhui is not very relieved about the management of the family office and Hengjin Investment.Of course, they are reliable in theory. After all, this is a capitalist society where capital is king, and Lin Zuhui is their god.

Moreover, with the growth of wealth, Lin Zuhui will have more and more means of hiding and protecting.The most direct and best way is the "feudal system", which distributes rich wealth to each concubine; at the same time, it operates the base camp of Xiangjiang.

Therefore, Lin Zuhui still won't have the feeling of 'I can't sleep because of too much money'.

George of Hengjin Investment reported: "Boss, all the stocks have been bought, and there has been no change..."

Lin Zuhui nodded. A large part of the 100 billion stocks purchased this time was used in health care and banking stocks; the funds for buying the Internet were relatively small, because many Internet stocks that Lin Zuhui was familiar with were not listed at all, and they may still be in the stock market. In the bud, such as Yahoo, Amazon (which has been registered as a shopping mall), eBay, etc., the only ones listed are: America Online, Cisco, etc.

After listening to the report, Lin Zuhui said: "After buying these stocks, there is no need to operate. I am investing for a long time, so you don't need to care about it. Recently, the price of oil has fallen to a low point. I plan to buy crude oil futures. You can operate it for me."

George immediately asked: "How much money does the boss plan to buy, and how much leverage?"

Lin Zuhui said: "Just 5 million Hong Kong dollars, plus ten times the leverage, just report to me at any time in terms of operation!"

"Ok!"

Futures have a delivery date, so it is far more difficult to operate than foreign exchange. Once the delivery is completed, the advantage of the trend that Lin Zuhui knows will disappear.For example, if you buy New York crude oil futures at a price of US$14, assuming that the price is at US$15 a barrel, you will indeed make money, but it will be difficult for you to operate in the future.After all, if you continue to buy, crude oil futures may fall briefly, and if it hits $13.6, you may be liquidated.

Of course, if it falls to $13.6 per barrel, then you must continue to buy; after all, you think it is bullish, so such a decline is also an opportunity.

Of course, in this wave of rising oil prices in general, Lin Zuhui is just making a fuss, and he doesn't plan to make much money.

If you really want to speculate in crude oil futures, you have to open a position for short selling before January 1997. Because of the Asian financial crisis, crude oil futures plummeted from 1 to 1997.

After all, the Asian financial crisis means that the demand for oil has decreased, and it is understandable that the price of crude oil has been cut in half.

……

Wall Street.

When Lin Zuhui came to Goldman Sachs Investment Bank, he was warmly received by its CEO, Whiteard.For Lin Zuhui, the richest man in the world, there are almost no people in the capital world who don't know him, but Lin Zuhui's legendary experience and mystery are more important.

Although his wealth is mainly distributed in Xiangjiang, Lin Zuhui's method of building New Times Group has always been regarded as a textbook by Wall Street.It is hard to imagine that in less than ten years, Lin Zuhui has developed a small real estate company into a huge empire with a market value of 230 billion US dollars.

Coupled with these two years, Lin Zuhui's two major projects in Manhattan and London are even more eye-catching.

After a brief exchange of pleasantries, Whiteard said with a smile: "Mr. Lin has achieved remarkable results in the past two years, which is worth learning from!"

Lin Zuhui had heard this kind of flattery a lot, and he had already dealt with it calmly.

So he said modestly: "Those two investments have not changed yet, so they are not considered achievements. On the contrary, a century-old company like Goldman Sachs is worth learning and learning from."

Naturally, White will not take a peek at Lin Zuhui. Although the two investment projects have no book profits, there is no doubt that there has been a "turning point". The Canary Wharf project, the turnaround is that the subway extension project from London has been approved and ready to start.

"Mr. Lin came to cooperate with us this time. Could it be that he is interested in another project?" Whited asked.

Lin Zuhui nodded with a smile, and said: "Goldman Sachs is an investment bank with a good reputation, so this time, we really hope to cooperate. We want to enter the retail commercial real estate in the United States, and hope that Goldman Sachs will serve as an investment consulting and consulting company. I think Doesn't this go against the 'anti-hostile takeover' strategy that Goldman Sachs has been building?"

There is an extreme investment bank on Wall Street, one is Morgan Stanley, which specialized in hostile takeovers in the 80s and [-]s, and then obtained record-breaking income; the other is Goldman Sachs, which adopted a completely different policy and refused to provide hostile takeovers On the contrary, Goldman Sachs will protect the victims, so Goldman Sachs brought a lot of influence during this period and became famous on Wall Street in one fell swoop.

The so-called protection of Goldman Sachs is not not to make money, but to let the "hostile bidder" pay more; for example, if company A wants to hostilely acquire company B, and company B asks Goldman Sachs for help, then Goldman Sachs will find a "white warrior" and raise money for company B. share price.There were two results. First, White Warrior united with Company B and defeated Company A. Second, due to the price hikes by White Warrior and Goldman Sachs, Company B was sold to Company A at a sky-high price, and all shareholders were happy.

White said with a smile: "Mr. Lin was joking. You will definitely not hostilely acquire an American company. I can definitely think of that. So, does Mr. Lin want to acquire a few shopping malls, or a retail business company?"

Lin Zuhui said: "We want to build a retail business brand in Europe and the United States, so we want to quickly establish this brand by acquiring existing shopping centers, remodeling, packaging, and attracting investment. However, we hope to enter the market quickly, so we hope to buy 10~ 20 malls.”

White couldn't help admiring Lin Zuhui's surprisingly large handwriting at a young age. This is a big investment!

"Then Mr. Lin, do you have any requirements for these shopping centers? For example, location, city, etc.!"

Lin Zuhui said as a matter of course: "Of course there are. They must be located on the east coast and west coast of the United States. It is best to sell them as a package by one or two companies. As for the location of the shopping center, this needs to be considered in detail, but our shopping center is considered Aggregating regionally, rather than opening shopping malls in agglomerations. Because of this, the parking lot is very important.”

White nodded. In his opinion, Lin Zuhui is a real estate expert and the most legendary figure in this field.

"No problem, we will quickly find a suitable partner for you."

"OK"

Lin Zuhui was only here to take the lead, and then handed it over to his subordinates to communicate with Goldman Sachs. He would come to review after he had a suitable goal.

Over the years, Lin Zuhui has had quite good experience in understanding and operating shopping centers.In Lin Zuhui's view, the newly hatched "Amazon" shopping center will have many advantages, and its competitiveness in the United States will not be low.

On the whole, Lin Zuhui pays more attention to five points:

First, the four links are well developed and the parking is convenient;

Second, introduce informatization and intelligent management;

Third, unify the brand and enhance the influence of the brand;

Fourth, understand the local consumption level, and then attract investment in a targeted manner;

Fifth, establish a deep cooperative relationship with specific brands, sign a long-term cooperation agreement (low rent), and even sign a system of returning rent when the business is higher. Of course, this kind of discount is only available to a few brands. Mainly consider drainage.

Of course, the above is just talk on paper, and the details depend on the team.

Heung Kong's retail commercial real estate team has rich experience, but not all of them are suitable for European and American models; therefore, the follow-up can only be used as a reference.

The most important thing is to incubate the brand of 'Amazon' shopping center and start anew.

But then again, the most important thing for the success of a shopping center is 'timing'; if Internet shopping is developed (after 2015), then everything is a cloud, including shopping centers in Europe and the United States will be affected; It is very important, so this time Lin Zuhui will spend about 10 billion US dollars at one time, striving to establish an important position in the US retail commercial real estate in one fell swoop.

……

In early November, Lin Zuhui returned to Xiangjiang. This trip to the United States took nearly half a month. Because Lin Zixia gave birth to a son and Qiu Shuzhen gave birth to a daughter, Lin Zuhui stayed in Los Angeles for nearly 11 days.

During the period, if there was a work report, it was all commanded by remote control by telephone. With Lin Zuhui's decentralization, contracts of less than one billion Hong Kong dollars did not need his signature, and the group president Chen Bin completed it for him.

New Era Group.

Lin Zuhui was moving around in the office casually. He just returned to Hong Kong yesterday and found that he didn't have much work after returning. He simply communicated with the senior management in the morning and straightened things out.

When he first started working in real estate, he liked to visit every building unannounced, and he was worried about the contractors and contractors; now, the builders are all their own companies, and various management systems have been perfected, so he doesn't go to the construction site so often.

In recent years, the construction field of New Era Group has also developed very smoothly. Many of its buildings were built by them, and they have absorbed a lot of experience.Including the projects in the Mainland, Baohua Construction has participated in them, participated in and supervised the construction of the buildings.

Standing in front of the office window, you can see the Exhibition Plaza and Victoria Harbor at a glance. It is the tallest office building in Hong Kong, and it feels really good; but, after all, this is Wanchai, it is still not enough.

Although the rent in Central is expensive, it is the place that all business owners want to rent most, because it is a symbol of strength and reputation; the same is true for powerful foreign companies.

Therefore, the headquarters of New Times Group will be moved in the future, to the property above the Airport Railway Terminal, which faces Victoria Harbor directly and faces Tsim Sha Tsui across the sea.The important thing is that it can be higher and once again occupy the tallest building in Xiangjiang.

"dong dong"

Yuan Tianfan came to Lin Zuhui's office. He was the president of Hengchang Holdings, and he was in the office of No. [-] Building, Central Avenue; Lin Zuhui also fully delegated power to him, and rarely went there to get involved.

"Boss, we won the bid for the landline telephone franchise!" Yuan Tianfan said calmly while sitting on the sofa.