Hong Kong's new giants

The possibility is not very high. Enmity between blood relatives is far more difficult to unravel than enmity between strangers.

At least, that's the case with the Yang family.

After the New Era Group jumped out, the Yang family did not move at all, as if they were being slaughtered.

I'm afraid that in the hearts of most of the Yang family, they wish that the New Times Group would raise its stock prices, and then everyone would go to the court to have their 'voting rights' revoked, so that the shares in their hands would be valuable and could be cashed out at a high price.

Therefore, knowing oneself and the enemy, Lin Zuhui informed the senior management of New Times Group (Sing Tao) of his thoughts, and asked them to pay close attention to the east direction of the Yang family.

Of course, one cannot fully expect that the Yang family will sell their shares to the New Times Group, after all, they may sell to new competitors, and the New Times Group is not a local company after all.

In the conference room, Yuan Tianfan said: "Sing Tao's acquisition policy is different from that of Xiangjiang. After we initiate a comprehensive acquisition, even if it fails, it will not affect the next behavior in the slightest. Therefore, while we are acquiring shares, we are trying to win over the Yang family. stock."

Currently, New Era Group has launched a comprehensive acquisition of Yeoh Hiep Seng with a total market value of 32 billion. This price is actually very cheap and may not be attractive enough.However, it is definitely possible to buy a lot of stocks, because the stock price has soared by 5% since Monday.

In addition to those who came to register, of course there are also those who are slowly buying from the secondary market.Assuming that the comprehensive acquisition fails, New Era Group can still choose to slowly acquire the shares of Yeoh Hiep Seng Group.

Lin Zuhui nodded and said: "Let's do it! Slow down, the best price is low! Singapore's stock market will also adjust this year, and it won't go up there, but then we should pay attention to the stocks on the market. Are there any other stocks?" Competitors step in. Once you find out, you have to rush.”

"Yes, boss!" several senior executives said in unison.In their minds, the boss is an acquisition master, and being able to personally participate in it is indeed a very good sense of accomplishment.

In fact, the land value of the Yang Xiecheng Group is definitely more than 60 billion at present. Even its own business, as long as Yuan Tianfan is allowed to operate it, it will soon have a new look.To put it bluntly, the Yang family has no talent.

After the meeting, Yuan Tianfan also planned to leave for Hong Kong, while Lin Zuhui returned on Friday.

Xingdao Li Family.

The family gathers for dinner and can't help talking about New Times Group (Sing Tao)'s 'hostile takeover' of Yeoh Hiap Seng Group.

Mr. Li said: "This Lin Zuhui is not simple. Compared with other wealthy people in Xiangjiang, he has much higher ambition and ability."

Li Er said: "It's just a real estate developer. Even if he becomes the world's largest real estate developer, his development prospects are limited."

Mr. Long shook his head and said: "How could he be a single real estate developer? He is the only Chinese businessman in Xiangjiang who can call out 'Cultural Establishment of Hong Kong'. He is not the boss of Xiangjiang, but his influence is no worse than that of the boss. Young, his success is the idol of Xiangjiang people. He discussed the Sentosa issue with me last time..."

After listening to Mr. Long's words, everyone was silent, thinking about Lin Zuhui's understanding of Sentosa, and found that it was true.

Mr. Li nodded in satisfaction. The boss is getting more and more mature, and it seems that he will be able to go to school smoothly.

……

On the last day in Sing Tao, Lin Zuhui and the three daughters had a great time. Everyone took a luxury yacht and came to the Singapore Strait.

On the yacht, everyone was having a party, and the mood was naturally good.

Lin Zuhui, in particular, enjoys the treatment of "land king", with Qiongniuyu liquid warming his throat, three girls singing and dancing, and delicious food.

Chapter 536 [Live as the person you hate the most]

Time flies, and a month passes in a blink of an eye.

From 1991 to the beginning of 1994, the Hong Kong government continued to formulate and improve measures to stabilize property prices and combat speculation. The main contents are as follows:

Buyers are required to pay a deposit of 5% of the property price;

Restrict internal subscription ratio below 50%;

A stamp fee of 2.75% is charged for resale of uncompleted properties;

Reduce the mortgage rate of residential buildings from 9% to 7%;

Levy profits tax on investors who frequently buy and sell properties;

Increase the penalty for early redemption of mortgage loans to HK$5 or 3% of the property price;

Reduce the mortgage rate for houses above HK$500 million to 5%.

and many more.

The measures are not harsh, but with little effect.

First of all, real estate developers generally believe that too much control is not conducive to the development of the real estate market;

Secondly, the real estate developers colluded with some banks secretly, and raised the mortgage ratio without authorization;

Thirdly, the Hong Kong government is ineffective in the implementation process, and is suspected of taking the lead in raising the price (taking advantage of the high price to auction off the official land).

As a result, property prices have become more and more expensive, reaching a level beyond the reach of home buyers.

While criticizing real estate developers and speculators, public opinion also severely criticized the Hong Kong government.

The 1994th issue of "Hong Kong and Macau Today" in 8 pointed out: "From the point of view of the Hong Kong government, the higher the land auction price, the more income from the warehouse. Taking last year as an example, the annual income from land sales and land premiums due to changes in use reached 422 billion Hong Kong dollars, together with income related to property, such as rates, land tax, stamp duty, real estate company profit tax, etc., account for almost 70% of the total income of the Hong Kong government. Therefore, government land auctions are often selected in the best real estate market It actually contributed to the rise of land and property prices. For real estate developers, no matter how high the land price is, it will eventually be spread to consumers.”

Real estate developers have repeatedly reiterated that too much control will lead to a depression in the property market.

Real estate developers just seized on the weakness of the Hong Kong government, so the Hong Kong government kept cracking down on it, but it never took a serious blow.

"Express" and "Economic Daily" published articles on February 1994 and 2, 2, commenting on the tightening of mortgages for residential buildings by HSBC and Hang Seng Bank.

"Currently, the increase of property prices in Hong Kong has run out of control. Even sandwich families (middle-class families) with a monthly income of tens of thousands can only sigh in anticipation. For the general public, it has gradually become a 'myth'. In order to achieve stability and prosperity in Hong Kong, it is necessary to curb property prices, but we must find the right way to solve the root cause. The root cause should be a large increase in land supply and additional construction public housing."

The Hong Kong government has always been ambivalent about releasing official land into the market; a large increase in land supply is conducive to stabilizing land and property prices.However, in this way, the land of the Hong Kong government cannot be sold at a high price, which will definitely reduce fiscal revenue.

What the Hong Kong government hopes is to "wait for a high price and release the market".

"Insufficient supply and hot speculation have become a pair of freaks. On the one hand, the market's shortage of supply leads to hot speculation; on the other hand, the hot speculation leads to an increase in vacant units, which intensifies the short supply of the market, forming a vicious circle. The real estate market has continued to rise.”

Public opinion turned in favor of the real estate developers.

Real estate developers spoke up one after another, accusing the government of not selling the land they own, and hoarding it for nothing.

Guo Bingjiang (the second son of Guo Desheng) of Xindi Company publicly stated: "The high property price is not insufficient land, it is just that the government has changed the use of the plans, and the bureaucratic procedures have 'delayed' the dead."

Chief Secretary (the highest chief executive after the Governor) Anson Chan hastily expressed her position, claiming that the Hong Kong government will increase the supply of land.

The Consumer Council under the government speaks out for the government, accusing real estate developers of not selling their buildings and hoarding them.

Legislative Councilor Emily Lau helped a lot by criticizing the Hong Kong government for fattening up several real estate developers and being helpless to stabilize property prices.

Councilor Zhang Wenguang bluntly condemned more than 10 real estate developers for joint control of the land and property market: "If you have land, you can't build a building, and if you build a building, you don't sell a building. Selling a property is speculation, and the speculation turns the property into empty space."

Developers are most afraid of the rumors of "making the market" and have fought back one after another.

Even Li Chaoren, who is not easy to express his opinion, said angrily: "Recently, gentlemen from all walks of life have accused real estate developers of hoarding properties and not (not) selling them, and taking the lead in driving up property prices. Paper (property contract), the developer will sell the real estate, there is no such thing as developers cooperating to manipulate the market."

The war of words reached Gao Chao between March and April 1994.

This extremely absurd phenomenon cannot be tolerated any longer!

……

Monday, August 1994, 4.

In the office of New Times Group, Lin Zuhui put down the newspaper in his hand, feeling a little uncomfortable.

In the past, he was deeply disgusted by real estate developers' speculation of high housing prices, and he was also deeply dissatisfied with the team that protected the real estate economy.

At that time, he looked at the empty real estate in the city and thought to himself: Why does the price per square meter have to be so high when the vacancy rate is so high?

He wanted to replace the small house with a big one, but after thinking about it for five or six years, he failed to change it. He hoped that the price of cabbage would fall to the price of cabbage every day. As a result, the price of cabbage increased, but the price of the house did not fall much.

after all.

He has become the kind of person he hates the most.

Soon, he comforted himself that the high housing prices in Xiangjiang were definitely not the main responsibility of the real estate developers, and there were various factors.

The Hong Kong government and real estate speculators are the culprits.

As for the Hong Kong government, more than 70% of their finances are normal, and they are extremely contradictory;

For real estate speculators, Xiangjiang people are addicted to gambling, and they can speculate on anything.

The expression on Lin Zuhui's face changed, then he picked up the phone and dialed a number.

After a while, Chen Bin, the president of New Era Group, came to his office respectfully.

"boss"

"sit first"

After he sat down, Lin Zuhui said: "Can the company's housing supply be increased to more than 6000 per year?"

Chen Bin nodded and said, "No problem, increasing the supply by 10% is not a problem for us."

Lin Zuhui had a little heartache, and then said: "We all earn money from high or low housing prices. In business, we pay attention to the rotation of goods. We also strive to achieve better performance year by year. Housing price adjustments are inevitable, but in my opinion, This year's transaction volume will not be sluggish, so it is a relatively good market. Not only will prices be adjusted next year, but transactions will also be deserted. At that time, real estate developers will only have to cut prices and promote sales. You should take good care of it, and don't let people catch us. .”

Chen Bin nodded, he thought the noise outside was so fierce this time, the boss, as the biggest real estate, was a living target.

"Okay, as long as we increase the supply, the real estate will start selling as soon as the Hong Kong government approves it, and no one else can say anything."

"Remember to resume the construction of the real estate, so as not to miss the supply in the future."

"Um"

It can only increase the supply, which can be regarded as self-comfort.

In fact, even if house prices fall by [-]%, there is a large supply in the market, those "waiters" will still not buy or change houses, and their thinking has already fixed their fate.

……

North Point, Media Building.

Lin Zuhui came to the game development department of Wanhui Media, and Zhou Kaiyang, the person in charge, was by his side and introduced him.

"Boss, there are currently 52 people in our game department, which are mainly divided into three project groups: Pokémon, Resident Evil, and Legend. Local staff account for [-]%, and they all have relatively good professional degrees..."

The three game projects were of course hand-picked by Lin Zuhui himself.

He is most familiar with "Legend", and has almost completed most of the planning of the game, as long as the technology is ready, it will be OK.Of course, due to the insufficient development of the Internet, the stand-alone version of "Legend" was released first to seize the copyright.

"Resident Evil" gave the script to the game department, and "Pokémon" was adapted from anime.

Lin Zuhui said with satisfaction: "Your game department is full of talents, including elites from the United States and Japan, as well as local and mainland talents. Do you know why I make such a big fuss and spare no expense?"

Such a huge human resource is unimaginable for American and Japanese game studios, and it is simply a waste of money.Taking Blizzard Entertainment as an example before it was acquired, there were only 6 shrimps in total.

Zhou Kaiyang is a talent hired back from Silicon Valley in the United States. At the beginning, he was also curious whether the starting point of the game department is too high. After all, most companies develop from small to large, and Wanhui Media’s game department has no products or experience. , and began to recruit talents on a large scale. The salary that needs to be paid this year is 2000 million, which is simply a reckless waste.

After a period of time, he learned about the development history of Wanhui Media and the legend of Lin Zuhui, and he understood that the boss was setting up a big game, that is, "Cultural Establishment of Hong Kong".

As far as he knows, the boss's efforts to cultivate talents in various universities and colleges in Hong Kong are already huge; not to mention, the boss has also promoted many legislations in the "cultural" industry.From this point of view, the boss is building an industrial chain for Xiangjiang, which is what the government should do.

Zhou Kaiyang said in admiration: "The boss saw the prospect of this industry, and then hoped that our company would lead the vigorous development of Xiangjiang's game industry, so that Xiangjiang would become an important place for the game industry."

Lin Zuhui nodded in satisfaction, and said, "Actually, Xiangjiang has a solid foundation in the technology industry. At the end of the 80s, the export of our electronics industry in Xiangjiang reached 580 billion yuan, and all electronic products were produced and sold. However, with the development of the mainland in recent years, these industries Slowly all moved to the mainland. However, the game and software industries are different. Xiangjiang still has a lot of living soil. In addition, Xiangjiang is located in a place where Chinese and Western cultures communicate and extend in all directions. We have no shortage of talents, and our export efficiency is better than any other. Countries and regions are more efficient, so I'm bullish on this industry."

Xiangjiang itself is not weak in the technology industry, but it is an unfinished industrial chain, which has weakened the competitiveness of the technology industry.However, the game industry and software industry are still very suitable for Xiangjiang.

Zhou Kaiyang said: "Well, boss, don't worry, we will definitely speak out with classic works."

Lin Zuhui said: "Time is not urgent, but the quality must be classic. To put it bluntly, this year is the running-in period for the company. Even if it invests [-] million yuan a year, Wanhui Media can not blink. But the key question is, you have to give I bring out a team of talented people, because the game industry is just getting started."

"No problem, we must be worthy of the company's investment."

The three games that Lin Zuhui handpicked are all classics, so he must personally supervise them, and only sell them after they are of excellent quality.

And these three games are just appetizers, and when the time is ripe, there are better plans, and they will be handed over to this department.

Coming to the project team of "Pokémon", Lin Zuhui asked again: "Is Nintendo interested in this game?"

Zhou Kaiyang said: "They encouraged and supported us to develop this game, but they didn't provide technical support. They didn't pay enough attention to us. They probably thought that we couldn't develop high-quality products. However, they proposed that they should buy "Elf Treasure" The game copyright of Kemeng seems to be willing to pay a high price."

Lin Zuhui sneered, and said: "Sometimes they beg us! GB game consoles didn't have any technical advantages at the beginning of development, and sales plummeted only in the past two years. We don't need to talk to them, but "Pokémon" emphasizes that The most important thing is the fun of communication battles, and there is no such game on the market at present, so it is the most difficult to develop."

The GB game console is Nintendo's handheld, and it is the most suitable transplant target for "Pokémon", which emphasizes the fun of fighting, so it must be more beneficial to get technical support from Nintendo.Nintendo probably thinks that Wanhui Media's game department is just a new studio with little strength, so they don't pay attention to it.

But it doesn't matter, 3-bit consoles such as 32DO, SS, and PS will be released one after another this year, and the next-generation games with large capacity and high image quality will become the focus of discussion.GB games without technical advantages cut sales in half.

At that time, Nintendo will take the initiative to contact Wanhui's game department, hoping that "Pokémon" will be transplanted to their host, so that with the fun of fighting and strong IP, GB games can move back to the situation.

Lin Zuhui is not worried about piracy, because there are already 20 kinds of Pokemon in Pokémon, and the copyrights have been sold to nearly [-] countries.

Zhou Kaiyang didn't know why, but he always felt that Lin Zuhui's potential was like a fortune teller, which made him very convinced.

"Okay, in short, let's research and develop first, accumulate experience, and strive to achieve certain results as soon as possible."

Next, Lin Zuhui chatted with these software engineers. He had never eaten pork, but he had seen pigs running. Lin Zuhui was no stranger to games.

At present, the three game project teams of Wanhui's game department really include handheld games (Pokémon), TV console games (Resident Evil), and computer stand-alone games (Legend).

Of course, as long as these games are successfully developed, they can be easily transplanted to other carriers.

Another advantage of Wanhui's game department is that Lin Zuhui can let Activision Blizzard's technicians communicate and guide with Wanhui's game department.

There is also Jinshan Software in the Mainland, which can also organize exchange meetings.