Hong Kong's new giants

Speaking of which, in the first half of this year, ATV's hit drama "The Legend of Condor Heroes" was also hand-picked by Lin Zuhui; but this year as a whole, Lin Zuhui has not interfered with the development of ATV's drama series.

On a whim, Lin Zuhui continued: "You guys make another Hong Kong drama, probably an 'older leftover girl', she is neither beautiful, nor slim, and has nothing to show off, but that's not all about her, she has a tenacious, The dignified curiosity, and the spirit of going forward regardless of the dire situation... Such an "ordinary" heroine, but by chance, has a bloody love story with a handsome and rich restaurant owner... "

Zhao Zhenqiang immediately said: "This theme is good. It can satisfy the daydreams of many ordinary girls. It is similar to the story of Cinderella and Prince Charming."

Lin Zuhui said with a smile: "In the past, our Hong Kong dramas were handsome men and beautiful women. This is our characteristic. But this time our heroine is not so beautiful, which can be regarded as a subversion. But it doesn't matter. We just want to grasp the true state of mind of most Hong Kong women, and combine funny and romantic..."

Zhao Zhenqiang nodded, and also suggested: "Actually, we can also choose a beautiful heroine, and then let her gain weight!"

cruel!

But Lin Zuhui agreed and said: "You can figure it out, I'm just an occasional thought."

"Ok!"

Finally, Lin Zuhui said: "You ask the company's team to think about whether some Hong Kong dramas can be 'filmed and broadcast'. If the audience does not respond well, they can immediately change the script. Through this model, you can feel the market at any time. Of course, there is no need to worry about this model, you can study it slowly, and it can be regarded as enhancing the depth of Hong Kong dramas."

Zhao Zhenqiang has to admire the boss's unconstrained ideas, but it seems very reasonable.

"Okay, I remember!"

……

In the conference room of the New Era Group, senior executives are gathering around a round table. There are about a dozen people, all of whom are core executives.With the development of the company to this day, the group has been full of talents, with as many as 500 senior staff and more than 2 employees, making it a veritable large-scale group in Xiangjiang.

After a while, Lin Zuhui came to the meeting room, and everyone looked at him, but they didn't get up, and they didn't say hello. The meeting stopped engaging in superficial efforts.

Lin Zuhui sat down and immediately said in English: "Let's get started! Corbett, you come first!"

High efficiency has always been Lin Zuhui's pursuit.

Generally speaking, only high-level real estate meetings are in Cantonese, and group meetings are in English.

Of course, the core senior foreigner of the New Era Group is only Corbett, the president of the 'New Era Hotel Group'.But English is one of the official English in Xiangjiang, and English is one of the standards for asset elites, so there is no problem in meeting.

Corbett will report to work immediately. This is a weekly high-level meeting. Of course, if the core high-level executives are overseas, there is no need to come back for the meeting.

"The board of directors of Club Med has agreed to our comprehensive acquisition at a price of 2.88 million US dollars... The international project team of the Atlantis Hotel has been established and is currently being closely designed..."

Lin Zuhui listened very carefully. Although the profit rate of hotel development is not high (the rate of return is about 6-8%), it is very necessary; the simplest reason is assuming that at the end of the 90s, New Times Group cashed out 800 billion in the US stock market , The Japanese stock market cashed out 250 billion, and the sale of British Telecom Orange made a profit of 1000 billion. How to digest the income of more than 2000 billion at once?

The best answer is not to buy and buy later, but to expand aggressively in advance and repay the debt at that time.

What's more, New Era Group will definitely cash out tens of billions of real estate before Nine Sevens, which can also be used as an action to resist risks.

Lin Zuhui asked: "After the acquisition of Club Med, how do you plan to change?"

Corbett said: "I have already lobbied Yabuli, the top executive of Euro Disney, to serve as the president of Club Med, and I also hope that he can turn Club Med into a service company similar to Disney... In addition, I also hope that he can save money. Do better in terms of cost, focus on the asset-light, culture-heavy, and brand-heavy model...he has already intended to join us."

Lin Zuhui nodded in satisfaction. Corbett is definitely a top talent, and of course New Era Hotel trained him.

"I bought Club Med because I hoped to lay out the 'cultural tourism' industry... The hotel industry is no longer just providing accommodation, but is moving towards comprehensive and comprehensive development...Atlantis Hotel can also be regarded as a kind of cultural tourism industry , because the 'Water World' is also a feature of it...Of course, the plan I said is a bit long-term, but we can think and make plans now."

The New Era Group also owns the tourism industry, which belongs to the Miramar Hotel. It occupies more than 20% of the travel agencies in Xiangjiang and the mainland, and the government-run travel agencies in the mainland occupy 70% of the shares.

A group of people listened very carefully. The overall plan of the boss is the soul of the New Era Group, and these high-level executives are the executors to realize these plans.

Corbett was also greatly inspired, and immediately said: "The boss means that in the future, the New Era Hotel Group will be divided into two business divisions, one for the cultural tourism industry and the other for the hotel industry."

Lin Zuhui said: "We can distinguish the key points internally in this way, but they all operate under the group mode."

Corbett nodded and said, "I see!"

Then Lin Zuhui said: "Optimistic prediction, our New Times Group will have a lot of cash income in the future, so I plan to strengthen the development of the group's assets. Corbert, Li Mingtao, your hotel group is looking for acquisitions of European and American high-end brands. This time We are no longer just willing to be a major shareholder, but want to acquire a wholly-owned subsidiary, you can check out the Langham Hotel in the UK."

Everyone was shocked, the boss is really expanding in an all-round way, the European and American shopping malls 'Amazon'...now there is an increase in hotel assets.

But everyone has no doubts, because the boss is a stock god!In addition, now is the era of surging housing profits, which also provides good conditions for overseas expansion.

Corbett and Li Mingtao nodded and agreed.

New Era Hotel Group actually has a lot of assets at present, but the high-end hotel brand 'Grand Hotel' (Peninsula Hotel) can only be regarded as the assets of the Kadoorie family. But the management is in the hands of the Kadoorie family.

In addition, the mid-end hotel brand 'Miramar Hotel' is still mainly managed by the Yang family and has not really been included in the new era hotel system.

Therefore, in the next few years, New Era Hotels will also start the road of acquisition and then go through integration.

Lin Zuhui has a macro figure for the revenue of the New Times Group in the 90s, so he decided to vigorously develop the hotel industry. After all, if you have money, you need to invest.As long as you run through the 'high inflation', you can invest.

After the meeting, Lin Zuhui called Liang Zhenxun and said: "Take out 5 million Hong Kong dollars to short the US dollar and Japanese yen, with 20 times leverage!"

Liang Zhenxun nodded, and immediately understood that the boss only needs to give a general trend, and then it will be the business of the company's investment department.Although leverage is high, New Era Group will reserve sufficient funds to cover positions at any time, so there is no need to worry about rebound factors.

After Liang Zhenxun left, Lin Zuhui fell into thinking. This year's real estate net profit itself may be about 15% higher than last year's. This year's group company's net profit is still expected to exceed last year's 165 billion (there was 20 billion non-recurring profits last year) .

However, the real estate adjustment still has a certain impact, otherwise the real estate net profit will increase by about 30%. (Increased supply by 10%, more sales in the first quarter)

But in any case, New Times Group invested too much in long-term projects, resulting in a slow increase in the group's net profit.But now because of increasing investment in hotels, Lin Zuhui intends to allow New Times Group to earn some 'non-recurring profits'.

Compared with Cheung Kong Group, New Era Group is far behind in many fields.

For example, in the retail field, Watsons has a great brand effect, with nearly 100 stores overseas, either wholly-owned or joint ventures; while the retail industry of New Times Group is currently limited to Xiangjiang, with two joint venture stores in the mainland.So, the gap is huge.

For example, in the field of energy, Hutchison Whampoa has many power plants in Southeast Asia and the mainland, which New Era Group has not dabbled in.

New Times Group has many growth points, such as beverages and food, but this will take the 21st century to explode, after all, the level of consumption in the mainland is there.

In addition, the biggest advantage of New Era Group is of course its global real estate projects, which will take some time to bring substantial returns.

Therefore, in order to maintain the growth of profits, Lin Zuhui can only consider the non-recurring profits of New Era Group in terms of financial investment.

Of course, as time goes by, the New Era Group will abandon the Cheung Kong Group, that's for sure.

5Chapter 17 【Two Amazons】

In mid-July, San Francisco.

On the site of an 'Amazon (Amazon)' shopping center that is being transformed, Amazon management is accompanying Lin Zuhui on inspection.

Amazon's management is almost all localized in the United States, and the president is a Jewish Steven, which is specially arranged by Lin Zuhui to "control barbarians from barbarians".Because he has great ambitions, that is to become the top three shopping mall brands in Europe and the United States, manage hundreds of shopping malls all over Europe and the United States, and have tens of billions of dollars in assets.

Therefore, the management rights of the entire Amazon shopping center are in the management team led by Steven, and Steven is equivalent to a professional manager.

Of course, New Era Shangguan has the right to supervise Amazon's management, and Lin Zuhui has the right to directly interfere in any matter of Amazon, including telling Steven and others to leave.

In terms of the company's management rights, Lin Zuhui is the only one of the big families in Hong Kong who handed over the president to an outsider. The presidents/general managers of New Era, Cheung Kong, Sun Hung Kai, and Henderson are actually all held by the four big families themselves.

The reason why he delegated power was because his son was too young to succeed in a short period of time; at the same time, he had too many group companies, unlike other big families who all classified their businesses under one big group.

He had also thought about merging all businesses into one group before, but found it difficult; first, the Hong Kong government stipulates that the TV license of ATV Group is not allowed to be held by subsidiaries; secondly, Octopus Financial Group and New Times Group are also Incompatible; in the end, all major groups seem to have great prospects for development, and the implementation of the "enfeoffment system" in the future is more in line with the Lin family.

As a professional manager, Steve didn't dare to take a peek at Lin Zuhui, who is the largest real estate developer in the world, so he stayed with him seriously.

Lin Zuhui pointed to the mark of 'Amazon' and said proudly: "Steve, you must keep in mind that it is the Amazon River that brings together countless life types, not countless life races, and creates the Amazon River."

An excellent entrepreneur, an entrepreneur who is in charge of tens of thousands of people, the most important thing for an enterprise is the soul.

Steve said seriously: "Boss is right! Our Amazon shopping center emphasizes on branding. He can bring customers from all over the world to come here instead of opening stores in the center of crowds. I always remember these words of yours. "

Lin Zuhui nodded in satisfaction, Amazon and Central Plaza are completely different; Central Plaza focuses on location, while Amazon focuses on convergence.

Then, Steve Hui reported: "We have formulated many strategies, such as increasing the sales per unit area by introducing high-end brands; increasing the occupancy rate by customizing and transforming properties for major tenants..."

Lin Zuhui listened carefully, and after Steve finished speaking, he said: "When Amazon was founded, I told you to pay attention to Westfield Group in Australia and GGP Real Estate in the United States. They are our competition and learning objects. .At this point, how do you guys think we should compete with them?"

After thinking about it, Steve said: "We should expand the scale and determine how many Amazon shopping malls to build or renovate every year, especially to transform some traditional shopping malls into comprehensive shopping malls. With the advantage of scale expansion, we can It is better to establish a close cooperative relationship with large national chain enterprises, such as Macy's, Sears Holdings, JC Penny and other large department stores."

Indeed, only when your own strength is strong, others will be more willing to surround you.It’s like the United States, where the truth is under the fist, and the world is almost all his friends; it’s also like, the rich and official in the village of Lin Zuhui’s previous family, their friends and relationships, I don’t know if they are more ordinary/difficult than your family There are too many, a little trouble, a bunch of people come together to help.

Lin Zuhui nodded and said, "I support your idea! Amazon currently owns 19 shopping malls, but has almost no liabilities (acquisition debt is under the group's name), so you can come up with your expansion plan and hand it over to New Era I don’t care. This wave of economic growth in the United States is likely to last for more than ten years!”

Seeing Lin Zuhui's analysis of the U.S. economic trend, the surrounding executives were not surprised at all, and felt that it was very reasonable.The world's richest man under the age of 30 does not rely on the technology industry, so what does that mean?It shows that other people's outlook on the general trend is very powerful, no worse than those economists.

Steve's confidence was greatly shaken. As a professional manager, what he likes most is to expand the company's scale and add an excellent resume to his career.

"Okay, I will arrange the renovation of the current 19 shopping malls, and plan the expansion plan for next year, and strive to set some goals to complete every year."

Lin Zuhui nodded. This is what he wanted. He remembered whether it was Xitian or GGP. Before Lehman, there were more than 200 shopping centers with an asset value of more than 300 billion US dollars.

From this point of view, I hope that Amazon will also have 150 to 200 shopping malls at some point.However, the development of Amazon, Xitian and GGP has a disadvantage, that is, Amazon will not support the 'real estate fund model'.

Therefore, Lin Zuhui said to Steve's management team: "Amazon's development can only be funded through loans and group support, instead of financing and real estate funds. Of course, you don't need to worry about the lack of funds, which will affect Development. The group’s cash has always been very sufficient, you just need to communicate in advance.”

Steve smiled and said, "No problem! But next year's expansion funds do not need group support. After all, we are currently a net worth company, and loans are very convenient."

In the short term, Amazon Shopping Center will not consider going public. If there is a good opportunity, Lin Zuhui will consider it, so as to maximize the benefits.

Next, after inspecting the renovation site, Lin Zuhui pointed to the surrounding vacant land (open-air parking lot, square), and suggested: "Those lands can consider adding apartments, hotels, and office buildings to improve land use efficiency. Of course, It's up to you to decide on a case-by-case basis, but I think most malls can do that."

As a real estate developer, he has a keen eye, and the United States does not have every inch of land. There is indeed a lot of land around the shopping center. If it can be used, it will be quite a profit.

To put it bluntly, shopping malls in the United States are built in empty places, and then there are people with cars in all directions. They gather here, and the population covered does not need to be too large. It is estimated that 2 people can build a shopping mall.

The Wal-Mart supermarket in the United States even claims that it can open a supermarket in a small town with a population of 5000, and can guarantee profits.

Sure enough, a group of high-level executives agreed one after another, thinking that Lin Zuhui's proposal was very good.

Steve immediately said: "BOSS's suggestion is very good. We will sort out this development strategy as soon as possible. In the future, it will be more efficient to use the surrounding land and ensure sufficient parking spaces."

It seems that only on-site inspections can we formulate strategies according to local conditions.

Lin Zuhui also has an idea that may help Amazon become more competitive in the future, that is, if he successfully invests in Bezos's Internet business, he will allow Bezos to change the company's name to 'Amazon'.I believe that Bezos will not realize that his company is very promising (it is a broken website) at the beginning, but intends to use the signboard of the 'Amazon' shopping center to start his own online bookstore.

Also, a good name is really hard to come by.

In this way, the Amazon Internet Bookstore and Amazon Shopping Center can be linked together.

In the end, the biggest beneficiary is of course the Amazon shopping mall.

After dealing with the Amazon shopping center, Lin Zuhui held a manager meeting of Jingwei Capital in Silicon Valley. Jingwei Capital (USA) does not have the position of president, only managers.

And these managers can look for investment projects, but they have no final investment decision, so all venture capital projects must be finalized by Lin Zuhui.

In fact, Lin Zuhui is just doing it for others to see. He only has 100 or [-] projects (China and the United States) that he wants to be in the limelight, but he has to create [-] projects to deceive people.

Of course, if these 100 cases are successful again, then it is the manager's credit.After they pick a project, they will state the reasons for the investment in the report, and Lin Zuhui will read it.In fact, he will also consider the investment cost, which is generally less than 500 million US dollars.Unless the manager can have a good reason or Lin Zuhui knows that the project has a good prospect, then it is possible to invest more.

Chapter 548 [Makes people desperate]

Monday, May 7.

Lin Zuhui returned to Xiangjiang on Saturday, and only stayed for five days during his trip to the United States. "Going abroad is short, but the frequency has increased" has become a normal work arrangement for him.

With the expansion of Lin Zuhui's global business, he may go abroad twice a month, or even more, becoming a veritable "flying man"; and the private jet he leased was immediately put to use, and he no longer emphasizes the "private jet" ', let the executives fly with him, so that he can exchange ideas with the executives more.

Of course, it is impossible for him to board a plane with the top executives of the entire group, which is obviously unwise.

In the morning, he handled some work at the New Times Group, and then came to the North Point Media Building in the afternoon.

"boss"

Long Jingchang came to Lin Zuhui's office respectfully, thinking to himself that the boss hadn't come to Wanhui Media on Monday for many years.He knows that Wanhui Media is currently in a transition period, so it has attracted the attention of the boss.

As for the reason for the transformation, Long Jingchang did not consider that the paper media would go downhill. He just thought that Wanhui Media should develop the "cultural industry" in an all-round way; being aggressive is the spirit of the boss itself, and it is also reflected in the companies under the boss.

Lin Zuhui motioned for Long Jingchang to sit down, and then said: "The company will set up another technology subsidiary to develop a contactless smart card system and solutions... such as smart transportation cards, when you take the bus or subway, you can hold us The developed smart card, as long as you take a photo on the device, you will hear a 'beep', indicating that you have paid the fare, which is very convenient..."

Wanhui Media has been changed to "Wanhui Holding Group" at present, and the media, comics, games, software and other industries exist as subsidiaries one after another.

Long Jingchang immediately understood, and said, "Okay, let's set up this company and recruit elite talents for research and development." He knew that since the boss has pointed out the direction for you, the next thing is for the company's management.

Lin Zuhui nodded in satisfaction. Talents in Xiangjiang are not scarce, at least not at present; only when the overall market capacity increases and the demand for talents increases, talents in Xiangjiang will become scarce.

However, Lin Zuhui directly gave the R&D team the goal and direction, which saved them a lot of detours and only needed to solve technical problems.

If the non-contact smart card system is developed, it can immediately cooperate with Octopus Bank to launch "Octopus All-in-One Card", which will become a win-win situation.

Of course, there is a question here, that is, are Australian companies already conducting research and development?After all, the Octopus smart card was launched in 1997 in the previous life, and it has only been three years now.

However, if time is raced against time, Wanhui Holdings' subsidiary may be able to develop it in about a year and a half, and it is not a high-tech product.

After Long Jingchang left, Lin Zuhui also thought seriously.

The Hong Kong technology of later generations cannot be said to be weak. On the contrary, it is relatively strong in Asia. The reason why it is misunderstood to be weak is that Hong Kong does not have a supporting industrial chain.

But if Lin Zuhui deploys Xiangjiang's technology, the effect will be very obvious. Of course, he also mainly wants Xiangjiang to become an important region in Asia and even the world in terms of information technology.

Relying on the mainland and then expanding overseas will definitely achieve very good results.

Before he knew it, Lin Zuhui had already assumed the role of Xiangjiang's "Chinese business boss". While pursuing wealth, he really changed his thinking a lot.

Thinking of this, Lin Zuhui is going to let 'Jingwei Capital' set up a venture capital fund in Hong Kong immediately, specializing in investing in innovative technology and high-tech high-value-added industries.

In this way, there is more hope.