Hong Kong's new giants

The Burj Al Arab is already under construction in Dubai, so Atlantis must be very attractive to locals.

In the past year, New Era Hotel has been planning this project, and has hired dozens of designers from all over the world to build the Atlantis Hotel, especially hired Disney architects to build the water world.

Of course, the Atlantis hotel has also been successfully registered, and there is another Atlantis resort in Panama, so they almost met.

Corbett nodded and said: "No problem, we will arrange a visit to Dubai immediately." He knew that the boss originally hoped to build the first Atlantis hotel in Sentosa, Singapore, but the planning efficiency in Singapore was really slow. .

As a result, the Atlantis Hotel has identified two locations - Dubai and Singapore, and the third location is of course Sanya, but it will be the 21st century.

This brand is a top luxury hotel brand, and it is almost enough to build three.

The Langting Hotel is a high-end brand, and if it does not open 30 hotels in the world, it will be inferior to the strength of the New Times Group.

Back in his office, Lin Zuhui was still thinking about the hotel field.

It is recognized that the hotel industry does not make money. With a turnover of 100 yuan, the profit is only 6 to 8 yuan.Moreover, the market value of the hotel group going public will not be high. In the previous life, the Marriott Group was so powerful, and its market value was only more than 500 billion US dollars.

The most profitable is the development of real estate in Xiangjiang. The turnover of 100 billion in the past two years will earn 60 billion to 70 billion (before tax). If it is low, the gross profit will naturally be large; if it is the official land auction in recent years, the cost will naturally be much higher.

Although Heung Kong Real Estate has huge profits, Lin Zuhui must consider the group's integration, globalization, and planning for the future.

He called Liang Zhenxun and said, "Arrange some funds and prepare to sell short next year's Nikkei futures in March, May, and June."

According to history, the Great Kanto Earthquake will occur in Japan in January next year, which will cause the Japanese stock market to fall, so it is just for New Era Group to make some money.

Liang Zhenxun immediately asked: "Do you want to liquidate some of the Sony stocks you bought?"

New Era Group bought a total of 50 billion Hong Kong dollars in Sony stock (converted market value is about 1600 billion Hong Kong dollars), and it has incurred a lot of losses so far!

It's just a long-term investment, and Lin Zuhui didn't care.But now that I think about it, Sony only released PS this month, and short-term sales will not affect the market value at all. Coupled with the impact of the earthquake on the Japanese stock market, a decline in the first half of next year is inevitable.

"Okay, all withdrawals, don't transfer the funds back, stay in Japan, and wait for the opportunity to enter! The funds that are about to be withdrawn are used to short-sell the Nikkei in Singapore, the United States, and Japan, but don't affect too much. Large, so as not to be mistaken for malicious short selling." Lin Zuhui said decisively.

"Ok"

It's not that you can't sell short, but you can't sell short maliciously.Although Lin Zuhui hated Little Japan, he still wanted to do their business in the future, so naturally he would not offend others. It was the last word to enter the village quietly and not shoot anyone.

When Liang Zhenxun left Lin Zuhui's office, he thought to himself that the boss had finally 'suffered' once. It turned out that New Era Group had lost [-] to [-] million yuan in Sony's stock.Of course, Liang Zhenxun believes that this is the normal performance of a stock god, and he can adjust his strategy in time.

……

In early December, Lin Zuhui urgently led Corbett and his party to the United States, intending to acquire the Ritz-Carlton Hotel.

After the hotel group meeting was held last time, Lin Zuhui made a comprehensive consideration and felt that Langham Hotel is not enough to support the development of high-end hotels. Langham Hotel Group still needs a high-end brand. In the end, he chose the Ritz-Carlton Hotel.

This hotel brand developed very well in Asia in its previous life, with as many as 100 stores worldwide, and its hotel concept enjoys a high status in the world hotel industry.

Therefore, Lin Zuhui decided to act before Marriott, and did not wait for the reorganization of New Era Hotel. After all, he seems to remember that Marriott bought a 1995% stake in the Ritz-Carlton Hotel in 49. The two hotel groups first worked together for three years , and then Marriott Hotel Group spent 1998 billion US dollars to acquire the remaining 10% in 51, thus carrying out a wholly-owned holding.

On Lin Zuhui's private jet, he and Corbett and his team were having a meeting to discuss. Everyone was holding a piece of information about Ritz-Carlton, which had just been sent to Xiangjiang.

New Era Hotel Group already has a team dedicated to managing the global hotel business. Especially in the past year, it has recruited many hotel elites.

Lin Zuhui looked at the information and gradually realized that the acquisition was not difficult. At this time, the Ritz-Carlton Hotel only had 24 stores. Expansion is slow.

The current president of the Ritz-Carlton Hotel is called Horst Schulz, who is also the co-founder. As far as Lin Zuhui knows, the later Capella Hotel was also founded by him.Presumably after selling the Ritz-Carlton, he re-founded the Capella.

"Regardless of whether the acquisition is successful or not, we will move the hotel business headquarters to New York, USA, and then set up Asian and European business divisions. You must prepare for new challenges."

Corbett nodded, he knew that his boss would either not do it, or expand it crazily.Generally speaking, capital is the biggest obstacle to expansion, but there is no pressure in front of the stock gods. New Times Group itself has strong profitability, and this boss often brings huge non-recurring profits to the company.

"In this way, we have two high-end hotel brands that need rapid expansion, and our hotel group is not listed, so we need a lot of financial support from the group."

Lin Zuhui immediately said: "Funds have never been the company's pressure. Even if Langham Hospitality Group goes public, it will be a 'return of the king' instead of raising funds for development. It can only be said to raise funds for expansion. In short, Langham Hospitality Group will go public. , but not these years.”

Corbett and the others immediately understood, and said, "Yes."

Lin Zuhui has already said that in the past few years, high-end hotels will be opened on a global scale, especially in the Mainland.

……

In Washington, the headquarters of Ritz-Carlton Hotel Co., Ltd., Chairman Holmes, President Horst Schulz and others met Lin Zuhui and his party.

After a brief exchange of pleasantries, Lin Zuhui got straight to the point: "We want to take a stake in the Ritz-Carlton Hotel and learn the business philosophy of your hotel. I wonder if Holmes and Schultz intend to cooperate?"

Before the meeting between the two parties, there has already been a contact, otherwise there would not be this meeting.

Holmes said: "Mr. Lin, although your company is very large and is the world's top real estate company, we discussed it and found that your company's hotel business is not very strong, so inviting you to invest in shares will be a great benefit for Ritz. What did Carlton bring?"

Lin Zuhui said calmly: "It's money! If we buy 49% of the shares in your hands, you can guarantee that your life will be very happy. After all, your aggressive expansion in the past few years has caused the Ritz-Carlton's debt to be huge. growth and cash flow drying up."

One word hit the nail on the head!

In 1983, The Ritz-Carlton Hotel LLC was established.Led by President and Founder Colgate Holmes, along with Horst Schultz, Joe Flaney, Ed Stalos, and Herve Harmüller, the company expanded to locations across the U.S. Create new hotel projects separately.Within two years, five hotels opened, including The Ritz-Carlton Buckhead, The Ritz-Carlton Atlanta, The Ritz-Carlton Laguna, and The Ritz-Carlton Naples.Maintaining this rate of expansion, by the end of 1993, the number of Ritz-Carlton's outstanding luxury hotels had grown to 24, helping it win the Macomb Bridge National Quality Award for the first time.They also opened their first hotel in Asia that year, the Ritz-Carlton, Hong Kong.

Behind the crazy expansion is the increase in debt and risk. After all, Ritz-Carlton is not listed, and the funds for expansion are almost all through bank loans.Coupled with the sluggish economies in Europe and the United States in the past few years, Ritz-Carlton's financial situation is not optimistic, at least it has been unable to expand.

President Schultz immediately asked: "You just bought shares in the Ritz-Carlton Hotel, and the management is still in our hands, is that so?"

The implication is that it has been loosened.After all, the company has more than $8 million in debt, which is very worrying.

Corbett said at this time: "We hope to have a running-in period of two or three years, because we are integrating the hotel assets of the group recently and will establish a new hotel group. In the following two years, we will Spending billions of dollars to develop the global hotel business. Therefore, if we have a happy cooperation, of course we hope that the Ritz-Carlton Hotel will be completely owned by our Langham Hospitality Group in two or three years. Because only in this way, the Ritz-Carlton Hotel will come It can have a steady stream of funds to expand globally.”

Ambition, Colgate Holmes and Horst Schulz and others saw the ambition of Lin Zuhui and others.

That being the case, they glanced at each other, and Holmes said: "We can sell you 49% of the shares, but whether we cooperate in the future or not, the initiative is still in our hands, because we don't want to sell the Ritz-Carlton The hotel is handed over to a hotel group with no strength."

It is certain that they want to cash out, but they will not hand over the Ritz-Carlton Hotel to a hotel group without strength.

Lin Zuhui said with a smile: "No problem, you can make a price!"

After Holmes and others exchanged in a low voice, he said: "8 million dollars"

It is a bit more expensive. Although there are 24 five-star Ritz-Carlton hotels, not all of them are heavy assets, and some properties are leased.

Of course, the situation is pressing. The Ritz-Carlton signboard is worth a lot of money, and Lin Zuhui hopes to win them all, so the initial cooperation should be more pleasant.

After a few words of probing, seeing that Holmes and the others did not let go, Lin Zuhui finalized the deal.

As for money, knowing how to spend it is the skill, and you can earn it from other places later.

Now he wants to grab the money from the Marriott Hotel, get the cooperation between the two parties settled, and then reorganize the hotel assets in the first half of next year, and then use Langting as the flagship to start conquering cities around the world.

In the previous life, among the top ten hotel groups in the world, Huazi only had one or two seats, or even the last place, which is undoubtedly a pity.Now that Lin Zuhui has come to invest, he has to be in the top five, or even the top three.

Lin Zuhui intends to borrow all the funds for this acquisition. Since he wants to develop hotel assets in the past few years, even if the group's debt is 300 billion Hong Kong dollars, it is okay to double it.

New Times Group has money, but now it needs to ensure the cash flow in the account, so there is no need to use it.

Before Jiuqi, he had a way to reduce the debt.

5 Sixty Chapters [1995]

Monday, August 1995, 1.

On the first working day of the new year, Lin Zuhui came to the office of New Times Group as usual.

The recent newspapers have a lot of news about Lin Zuhui. At the end of last year, he continued to spend US$10 billion to acquire an 80% stake in Kingston and US$8 million to acquire a 49% stake in the Ritz-Carlton.

Of course, there is also a lot of negative news. Some people bring up old stories again, saying that he is transferring capital. There are quite a few people who hold this view.Lin Zuhui doesn't care anymore. His investment in the mainland has already reached 600 billion Hong Kong dollars, and his actual expenditure has already reached 120 billion Hong Kong dollars (the loan ratio is relatively heavy). He is already the ultimate company for many Chinese capitals.

He is too lazy to explain too much now, he just uses his own media to promote positive energy occasionally, and no longer accepts interviews from other media companies.

In the morning, New Era Group held a group high-level meeting, and more than a dozen core high-level executives attended.

Everyone made work reports one after another. As a whole, the word "aggressive" can be used to describe the current development of the group, especially in the field of retail real estate and hotels in Europe and the United States. New Era Group has adopted large-scale investment.

After listening to everyone's reports, Lin Zuhui knew immediately.

At present, the company still has a cash flow of 125 billion Hong Kong dollars in its accounts. Last year's non-recurring profit was nearly 30 billion Hong Kong dollars, and the annual profit was about 210 billion Hong Kong dollars.A lot of new liabilities have been added, and the group's debt has reached 215 billion Hong Kong dollars.

The reason why there is a non-recurring profit of 30 billion Hong Kong dollars is that Chinese Land sold half of the equity in the Octopus Bank Building to Octopus Bank at a price of 20 billion Hong Kong dollars; the reason for only selling half is simple, because it is convenient for management. After all, Octopus Financial groups do not occupy much office space.

"This year, the group will focus on supporting Amazon Shopping Center and Langham Hotel Group. Even if the group has a debt of 300 billion, it must be supported. Therefore, colleagues in charge of these two departments must do a good job. To be honest, you let It is very simple for me to raise funds, but when I buy assets, I have to manage them well to have a future, so I have to work hard!"

"Yes, BOSS!" The two foreign core executives immediately replied seriously.

Steve, the president of Amazon Shopping Center, also serves as the vice president of New Era Commercial Management, and also has the authority to manage Fuli Real Estate (rental properties in Europe and America); therefore, he has been reused to manage New Era Group's collections in Europe and the United States. Rent ancestral property.

The management of office buildings in Europe and the United States is not so easy, especially the office buildings in Manhattan, which have a different taxation model, and because they are old-fashioned buildings, they need more careful management.Of course, Fuli Real Estate also has a local management team and president.

On the whole, New Era Group belongs to an international, high-quality and efficient management team.

Lin Zuhui said to Liang Zhenxun again: "Make financial arrangements and support!"

Liang Zhenxun nodded and said, "Okay."

Lin Zuhui said to Chen Bin: "The work of Xiangjiang is mostly handed over to senior staff, and the focus is on global business. Within three to five years, the local profit of New Times Group will be lower than the global profit. And the global profit will be mostly In Europe and America."

Obviously, the New Era Group is indeed mobilizing funds and moving in the direction of Europe and the United States.

Chen Bin said seriously: "Well, I will definitely manage the work of the group as a whole and share more with the boss."

He is the president of the group. For a long time, Lin Zuhui has been delegating power to the president. Now, Lin Zuhui does not need to sign for projects worth hundreds of millions or billions, and he will not sign.

After a meeting, the general direction of this year's group is almost clear.

This year, the profit of New Era Group may exceed 250 billion, growth is inevitable; non-recurring profits are also high, no surprises, just shorting the US dollar, Japanese yen, and Nikkei should make a profit of 30 to 40 billion Hong Kong dollars; In addition, backhand buying of US dollars and Japanese yen at that time will allow New Era Group's non-recurring profit to climb to 50 billion.

He was originally a stock god, and it would be no problem to lead the company to make some money financially.

These investments in US stocks have not been counted. The current market value of New Era Group in US stocks has reached 13.5 billion US dollars, and it made a profit of nearly 35% last year; this is still small. This year, the stocks of Citibank and Microsoft are estimated to soar by more than 40%.

As far as Lin Zuhui knows, throughout the 90s, the average annual return rate of Citibank's stock price was above 40%, and Microsoft was not weaker than this rate of return.However, the investment of New Times Group can return about 90 billion U.S. dollars in the late 100s, which is simply amazing.

It is precisely because of this that Lin Zuhui decided to borrow money to develop the company, so he should invest in advance.

After the meeting.

Lin Zuhui came to his office, saw that the Hang Seng Index on the computer was already below 8000 points, smiled, and was again bet by him.

From the end of 1993 to the beginning of 1994, the family office cashed out funds of more than 60 billion Hong Kong dollars from Hong Kong Securities, and the average cash out was around 11300 points in the Hang Seng Index.

Now that the Hang Seng Index has fallen below 8000 points, if you buy it now, it is equivalent to making a 30% price difference.

In fact, the family office has been instructed by Lin Zuhui to start buying more than 8000 billion of funds back into blue-chip stocks below 60 points.

And Lin Zuhui also believes that the Hang Seng Index will fall below 7000 points, but it doesn't matter, anyway, the family office also buys in batches, which will reduce the average purchase price.

All of Jardine's companies will cancel the status of Xiangjiang's second listed company starting today, so the Hang Seng Index in January should be the time to bottom out.

Thinking of this, he decided to ask Hengjin Investment to buy the futures contract, trying to earn some pocket money from it this year.

Recently, he changed his mind. This year, each of the Eight Immortals will receive an investment quota of 3 million Hong Kong dollars, while the other four beauties will receive an investment quota of 2 million Hong Kong dollars.In this way, he will spend 30 billion Hong Kong dollars.

Although he is currently in high debt, reaching 10 billion US dollars, he is not in a hurry.Gold, foreign exchange, rent, dividends, these incomes can bring him about tens of billions of income, so why worry about having no money!

……

In a movie theater, the movie "Mr. and Mrs. Smith" adapted from previous lives is playing on the screen, and there are only two audiences in the whole movie hall; don't get me wrong, this is because Lin Zuhui has reserved a VIP movie theater in DreamWorks Cinemas, and the two audiences In addition to him, the famous audience also included the heroine Yuan Liangliang.

On the screen, the male and female protagonists had some intense Q scenes, which not only did not make Lin Zuhui feel "shame", but also felt an inexplicable excitement.Although Yuan Liangliang was his woman, Lin Zuhui never regarded her as his concubine. To put it bluntly, she was just a prop for looking for porcelain skin, so as long as she didn't make tertiary films, it wouldn't be a problem.

DreamWorks has shot two blockbuster films in a row, and the responses so far have been very good. The first "Resident Evil" has even recovered nearly [-]% of the cost within half a year. Not surprisingly, it can still be released in the United States.Therefore, it is impossible to lose money, but there will be follow-up income as profit in the future.

The movie "Mr. and Mrs. Smith" is more popular than "Resident Evil". The Taiwanese film company directly offered a buyout fee of 2000 million Hong Kong dollars, breaking the record for a buyout.The reason is very simple. The first is that "Resident Evil" has a very good box office in Taiwan; the second is that "Mr. and Mrs. Smith" has an investment of 2000 million U.S. dollars (actually more than 1700 million U.S. dollars), and it was filmed in the United States; the third is Andy Lau. It is very popular in Taiwan and South Korea.

Buy it out, buy it out, anyway, DreamWorks is 'fighting for reputation', making money is second;

What's more, "Mr. and Mrs. Smith" can be shown in the Mainland. Since 1994, in order to save the film industry, the Mainland has started to introduce foreign films, which has given DreamWorks an opportunity.

In short, DreamWorks can still recover the cost of a movie with an investment of less than 2000 million U.S. dollars in two or three years, and even make some profits.Because of this, DreamWorks is currently preparing to shoot "The Matrix" and still chooses to shoot in the United States, but the main actors are all Xiangjiang.

To make two blockbuster films a year and keep the DreamWorks brand, this is Lin Zuhui's original intention.And what he needs to pay is nothing more than a brainstorming, if he remembers an excellent movie, he will make an outline and give it to Pan Cheng, and then remind him of the details he remembers, and he doesn't need to worry about the rest.

Why are you so serious!

Seeing the passionate scene of the two killer couples on the screen, Lin Zuhui pulled Yuan Liangliang into his arms, and stretched his hand into it unceremoniously.

"No, this is a movie theater, it would be bad if someone saw it!" Yuan Liangliang said in surprise.She could tell that Lin Zuhui was serious.

Lin Zuhui was unmoved, and said, "Don't be afraid, my bodyguards are guarding the door. Today we are Mr. and Mrs. Smith."

Cool fly!

At last, she was worthy of spending huge sums of money to make Yuan Liangliang popular. At this time, she had already surpassed Maggie Cheung. I heard that Jack Cheng and Zhou Xingchi lined up to invite her to make a movie. It happened that DreamWorks did not have her movie this year.

"Is there no surveillance?" Yuan Liangliang asked.

"What are you thinking? Public places in Xiangjiang cannot be monitored. Besides, I asked the bodyguards to check, and this is a VIP room again!"

For a while, the main drama began.

Life is short, have fun in time.

No matter how much money you earn, what's the point if you can't spend it casually!