Hong Kong's new giants

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The next day, New Era Group.

President Chen Bin came to Lin Zuhui's office and said, "Boss, the property above Tsing Yi Station of the Airport Railway will be officially called for bidding. I want to ask what you mean?"

Lin Zuhui said directly: "Just don't participate. The consortium formed by Cheung Kong, Hutchison Whampoa, and Huaxin Pacific is a strong contender for this bid. Let's shoot first!"

Chen Bin nodded. He knew that the boss was determined to win the Central Station of the Airport Railway. He estimated that there was another Kowloon station worthy of bidding, but he would not bid with all his strength yet.

All major companies have clear prices for the property development rights above the stations along the airport and railway lines, and there will not be too high a premium, especially for large-scale projects.

Last month, Huaxin Pacific and CITIC had a good time, bidding 33.8 billion Hong Kong dollars for the Admiralty Tamar ship 'Diwang' in the Central District, 2 million Hong Kong dollars higher than the No.8 Chinachem.This piece of land will be used as the Xiangjiang headquarters building of CITIC Pacific.

The reason why Lin Zuhui gave up this piece of land was not because of any affection, but because the piece of land was located next to the garrison, and the Chinese investors took it for granted.What's more, even though he is the "Land King" of Admiralty in the Central District, Lin Zuhui is not very excited. Now he has to concentrate on the airport and railway terminal.

Chen Bin went on to say: "The company's finances are still a little tight. The airport and railway terminal is expected to spend 200 billion Hong Kong dollars. Do you want to issue bonds first, so as not to be caught off guard!"

After Lin Zuhui heard this, he thought for a while and said, "I will issue bonds after winning the bid. In terms of funds, I can personally lend a lot to the company, which is enough to win this bid to ensure sufficient funds."

Chen Bin was taken aback in his heart, he would be the first rich man in Hong Kong to come up with billions of Hong Kong dollars in cash flow!

"Okay, then I will pay close attention to the property above the airport railway station!"

In fact, all major real estate developers in Hong Kong have a certain 'tact' that they will not concentrate on one 'station' to start a fierce exchange of fire. After all, this is sending money to the Hong Kong government.

For example, Tsing Yi Station, no accident is the consortium led by Cheung Kong; for example, Central Terminal, no accident is the consortium led by New Times Group, and Landmark is also doing useless work; for example, Kowloon Station, there is a high probability that it is multiple consortiums led by Sun Hung Kai; It is estimated that the Singapore consortium led by Youxinhe will also get a website cover.

There are several group companies participating in a consortium. Everyone's idea is very simple, that is, they can share risks and reduce opponents.Dickson Creation, including Dickson Poon, participated in the consortium owned by Zheng Yutong, but it only held a relatively small share, maybe about 5-10%.

In the world of Chinese capital, the airport and railway stations will have nothing to do with British capital. It is not that they are not allowed to participate, but that they have no strength.

The same goes for Hongkong Land. After they went out to develop a circle, they found that Xiangjiang's money was the best, and then they returned this year.It's a pity that Heung Kong is no longer what it used to be. In August, Landmark bid for a piece of land for a luxury house, which was also beaten by New Era Group.

However, it is understandable for Landmark to return to Heung Kong. Even if it is difficult for them to compete for more Chinese capital in Heung Kong, they can use Heung Kong as a springboard to invest in mainland real estate.In the previous life, Hongkong Land invested a lot in the mainland. After decades of phobias, even Li Chaoren withdrew, Hongkong Land was still acquiring land.

After Chen Bin left, Lin Zuhui thought about it.

He said that the lack of money is real. By the end of the year, the New Times Group will only have a cash flow of about 200 billion yuan, and a land fee of about 150 billion to 220 billion yuan will be paid for an airport and railway terminal, with a total investment scale of 400 billion yuan.

Such a large group cannot live without cash flow.

Fortunately, Lin Zuhui personally has tens of billions of cash flow, which can be temporarily loaned to New Era Group.Of course, it may not be necessary, because New Times Group will immediately issue bonds and loan 50 billion Hong Kong dollars after winning the bid.

Money is still not a problem. Lin Zuhui is worried that New Times Group will have too much money and won't be able to spend it!

90s末，新时代集团套现的资金大概情况是：美股800亿港币、英股350亿港币、日股300亿港币、出售英国电讯业务800亿港币。

At least 2200 billion cash back, can be described as rich and powerful.

As for the current debt of 350 billion, it may even reach 400 billion Hong Kong dollars; there is no need to worry about it. Before Jiuqi sold some Hong Kong properties - office buildings, luxury residential buildings, it is easy to cash out 300 billion.

Moreover, New Era Group's annual normal profit will start to explode next year - Xiangjiang Real Estate is booming, mainland companies are entering the payback period, office rents in the United States are soaring, shopping mall profits, etc.

Lin Zuhui smiled in satisfaction, everything was under his control.

Chapter 578 [Big Earning 20 Billion Dollars]

At the beginning of late September, Lin Zuhui came to Singapore. He inspected the Singapore trading department of Barings Bank. He was accompanied by two senior bank executives including Octopus Bank President He Changhong and Barings Bank President Andrei.

Since the acquisition of Barings Bank by Octopus Bank in February, its business has started to develop smoothly in Asia. After all, there is Octopus Financial Group as a local snake.At the same time, the business of Octopus Bank also began to develop towards Europe and the United States, with Barings Bank as the leader.

Generally speaking, the current financial strength of the Lin family cannot be underestimated.

The small Singapore trading department has brought together so many bigwigs, and the manager Pete is also very encouraged, tirelessly introducing the situation to Lin Zuhui and others.

The main business of Barings Bank is investment banking, and the futures trading department is generally a department that accepts entrusted futures transactions. Of course, its own funds are also used for futures trading through this department.

"Well, the management system has learned the lessons of the 'Lisson incident'. The current reform of Barings Bank is successful, and I am very satisfied."

Andre was immediately very happy. In the past six months, Barings Bank has been summing up lessons, formulating new management systems, and not forgetting to develop the company's business; after all, his position as president is not secure, and now the group company and the boss are both Passing the affirmative opinion is obviously a preliminary pass.

After investigating, everyone returned to the meeting room.

Andre said to Pete: "Bahrain Bank's headquarters will transfer 1000 million US dollars to the Singapore trading department again every trading day. You need to continue to buy the Nikkei 225 December futures index. This time the estimated investment is 12 million US dollars."

Pete's spirit was shaken, and he thought he had a big job to do again!

After Barings delivered the Nikkei futures index at the end of June, it did not continue to do so; but Pete knew that the parent company, Octopus Bank, bought a large amount of Nikkei futures. At present, it seems that the profit is far higher than that of Barings shorting the Nikkei futures in the first half of the year. Earned 3.5 million US dollars, a lot more.

Because, the Nikkei index has risen from below 15000 points in June to around 18000 points. According to 25 times leverage, it is five times the profit.

Pete guessed right, Octopus Bank's current book profit is 8 million U.S. dollars, which is more than 60 billion Hong Kong dollars.

"Okay, I will arrange it right away, and the buying system must be strictly implemented."

After Pete left, there were only senior executives from Octopus Bank and Barings Bank left in the conference room, and everyone had an exchange.

During the period, Lin Zuhui asked: "Do you think Octopus Bank is considering listing? You can speak freely, and I will listen to everyone's opinions."

He Changhong first said: "It still depends on the boss's idea. If you want Octopus Bank to work hard, going public is not a good choice. Of course, Barings Bank can be transferred to Octopus Financial Group, and there is no need for it to be listed as an asset. After all, this bank is 233 It hasn’t been listed for years, and it doesn’t need to be listed now.”

Andre also said: "Bahrain Bank already has a well-known reputation and brand, but boss, you often invest in financial projects with your own funds. Once listed, it is obviously not in your interest. After all, once listed, it is essentially a public company. .”

Everyone spoke freely, and Lin Zuhui quickly understood.

Octopus Bank still needs to be listed. After all, Lin Zuhui also wants it to develop into a global bank based on a large bank in Asia; at least, he thinks so, whether it can be done is another matter.

"Okay, I'll look for the right opportunity to list Octopus Bank in Hong Kong, and at that time the issuance business will also be handed over to Barings Bank."

Next.

He Changhong asked: "The Nikkei futures will be delivered at the end of September soon. If Octopus Bank makes a profit of [-] million US dollars, does the boss need to withdraw it?"

At the end of last year, Octopus Bank had wiped out its historical losses, and its net assets reached more than 60 billion Hong Kong dollars.This year's capital injection of Barings Bank is 104 billion Hong Kong dollars, and the short-selling Nikkei made a little over 60 billion in the early stage, but this time it may earn more than 60 billion, which is equivalent to leaving more than 20 billion.

Not only that, the net profit of Octopus Bank's banking business this year will also reach more than 25 billion Hong Kong dollars, which is equivalent to the scale of Octopus Bank's net assets of more than 110 billion and cash flow of 50 billion by the end of the year.

Octopus Bank's deposits are also rising, and it is currently as high as 1200 billion, and it has lent more than 400 billion Hong Kong dollars.

Even if Lin Zuhui withdraws 50 billion Hong Kong dollars, the business of Octopus Bank will not be affected at all.

"No! Even before the listing, I will not withdraw cash."

Everyone couldn't help but lament Lin Zuhui's strong financial resources. This year's Nikkei Futures Index, Octopus Bank and Barings Bank have already made a huge profit of 150 billion Hong Kong dollars.The name of the stock god is worthy of the name.

Everyone has also seen Lin Zuhui's ambition. Whether it is Barings Bank or Octopus Bank, there is a lot of cash flow in the account, but the boss doesn't care at all.

From Lin Zuhui's point of view, once the Asian financial crisis breaks out, he will have tens of billions of cash flow, plus the cash flow in the accounts of all his companies, it may be more than 1000 billion in cash flow.This is not counting the value of stocks that can be cashed out in Europe and the United States after the financial crisis.

At that time, all the funds will pour out to buy the bottom of the industries in various Asian countries.

This meeting lasted for a long time, most of which were exchanged by the executives of the two banks, while Lin Zuhui listened and rarely expressed his opinions.

end of September.

Nikkei futures delivery, Octopus Bank made a huge profit of 8.2 million US dollars.And this year (1995), Octopus Bank has earned 16 billion US dollars; after taking over, Barings Bank has also earned 3.5 million US dollars, all earned on the Nikkei Futures Index, which is equivalent to a huge profit of nearly 20 billion US dollars. After all The New Era Group also made hundreds of millions of dollars.

The fundamental reason for making such a huge profit is that Lin Zuhui remembered the impact of the Hanshin earthquake and related Nikkei index.First, he knew about the Hanshin earthquake in January, so he started shorting the Nikkei since December last year; second, he knew that the Hanshin earthquake caused the Nikkei to plummet by about 1 points, so he started buying around 12 or below.Once he sells and buys, he makes a lot of profits.

At present, the Nikkei is around 18200 points, but Lin Zuhui knows that there is still the last wave of bubbles in Asia; therefore, he predicts that the Nikkei index will show a rising state by the first half of 1996, so he asked Barings Bank to buy 12 Monthly period refers to, and next year will continue to buy futures for March, April, May, and June.

He also adjusted the investment plan, which is to invest 1 million US dollars every delivery month, but if there is a risk of liquidation, the position should be covered once at most, so as not to give up all the profits.

He can't guarantee that he will make money every time, but the general direction is right, so the winning rate is very high.

As for why he didn't buy Singapore index futures, the reason is actually very simple, because Singapore's Lijia will "government interfere" in the capital market, which determines that he cannot buy futures.And once the signal of Lijia's intervention in the real estate market appears, Lin Zuhui can also find a business opportunity from it, that is, to short-sell the Singapore index futures.

Not surprisingly, Lijia has realized the existence of Singapore’s real estate bubble. Once they announce the cooling measures for Singapore’s real estate, Lin Zuhui will immediately let Singapore’s Sanmei short-sell the new index futures and earn hundreds of millions.

As the Asian financial crisis is approaching, Lin Zuhui has been reviewing the financial situation in Asia in his mind, and he can earn a little bit.Of course, he earns very secretly, such as shorting the new index futures, he does it through the investment company of Sing Tao Sanmei, and the amount will not be particularly large.This means that it is just a normal financial investment, not speculation.

At the same time, Lin Zuhui has begun to let his companies set up offices and branches in various Asian countries to pay attention to the local situation.When the time is right, enter these places to buy bottoms.

Buying bottoms represents 'rescue the market', so he will instead become a guest of honor from various countries.After all, after the outbreak of the financial crisis, these countries and regions are very eager for foreign capital to enter.

……

Time entered the fourth quarter of 1995, Xiangjiang's real estate began to recover (transaction volume), and a new wave of gains was ready to go.

This round of real estate downturn began in the second quarter of 1994. The reason was that the Hong Kong government implemented a series of "real estate cooling" measures because of public opinion; Real estate is heating up.

The reason why this round of real estate has come out of the downturn is that Xiangjiang’s economy itself has no problems, but has been rising every year; therefore, after the real estate adjustment, it will soon usher in a new round of skyrocketing.In particular, Huaying's negotiations on the airport have been 'almost'. In addition, in late September, the Tsingyi Station of the Airport Railway was won by a consortium formed by Cheung Kong, Hutchison Whampoa, and Watson Pacific for 43 billion Hong Kong dollars, and the citizens of Hong Kong have already I'm used to constant quarrels between Huaying and Ying, anyway - you 'quarrel' yours, we 'fire' ours.

Xiangjiang has always had the phenomenon of "stocks pulling the ground", and after the Hong Kong stock market fell to more than 6900 points at the beginning of the year, it has risen to 9750 points now;

This round of real estate fell by 20%. All of Lin Zuhui's companies did not participate in "buying the bottom", that is, they did not engage in "property speculation"; except that New Times Group strengthened a little bit of "land reserve" activities, the rest did not speculate in properties.

On the contrary, New Era Group has sold about 6000 residential units in the year and a half of the real estate downturn (promoting activities and packaging publicity in place).After all, even if the price drops from 5500 yuan per square foot to 4500 yuan per square foot, New Times Group will still make a profit.

Chapter 579 [Hanging Korean wave]

At the beginning of October, Lin Zuhui asked ATV Group, Wanhui Media Group, and LEIT Group to spend 10 billion Hong Kong dollars each to buy Microsoft's stock and use the company's funds as an appreciation investment.

The annual profit levels of these three groups are all around HK$20 billion, but Lin Zuhui has always been "cautious" about dividends, so the cash flow on the books of the three companies has reached about HK$30 billion.

Generally speaking, if the net profit was 20 billion Hong Kong dollars that year, Lin Zuhui would spend 5 million Hong Kong dollars as dividends, so everyone is happy.The remaining funds are used as cash flow reserves, or for new investments.

Let the three companies invest in U.S. stocks this time, hoping that after the financial crisis, the 20 billion can become 40 billion; by then, plus the cash flow on the accounts of the three companies, it is equivalent to each company can have more than 70 billion Hong Kong dollars for supply. drive.

Plan ahead, this is what Lin Zuhui likes to do.

Of course, the premise of this approach is that he knows the general trend of history.

……

ATV building.

In the conference room, Lin Zuhui held a high-level meeting of 'Hong Kong Culture'.

Hong Kong culture is related to Hong Kong's economic prospects, and Lin Zuhui has always been more concerned about it.

"How about the development of Hong Kong culture in South Korea, please report to me in detail!" During the period, Lin Zuhui suddenly asked.

After all, if nothing else, the Hallyu wave is about to begin.I just don't know, will Bangzi directly copy 'Hong Kong Culture'?

As the vice president in charge of external affairs, Shi Nansheng is very proficient in business. She reported seriously: "In terms of drama series, the three Korean TV stations buy a considerable number of episodes from our ATV every year. We have always adhered to your teachings back then and adopted low prices. Dumping, in the Korean market... Generally speaking, Hong Kong dramas occupy a considerable share in South Korea."

That's right, South Korea is about to enter the ranks of "developed countries" because it was colonized by the United States and Japan. Obviously, their self-esteem is very strong. If they want to bring Hong Kong culture into South Korea and destroy Korean culture, then Low price dumping is a matter of course.

The average cost per episode is 5000 US dollars, and a 20-episode series is only 10 US dollars, which is 6-8% of the shooting cost. Why not do it.

Since the Hong Kong Stream culture already has a large audience base in South Korea, the three major TV stations are more willing to buy Hong Kong Stream dramas for profit.In addition, the Korean economy is very good at this time, so they did not realize the importance of the cultural industry.

Hong Kong TV dramas have killed Korean TV dramas in the cradle, this is Lin Zuhui's conclusion.

Then, Yu Xiaoming, president of YG Entertainment, also reported: "Hong Kong idols are very popular in South Korea. We held 16 concerts in South Korea this year, and the concerts were sold out. Album sales... However, recently, South Korea has also started to produce girl groups called What BB, it looks like he wants to learn Hong Kong culture."

Lin Zuhui nodded, and said: "Our Hong Kong culture has become more systematic, mature, and international, and we are not afraid of beginners and imitators. However, we must pay attention to it."

Yu Xiaoming said: "Well, this year we have strengthened the selection of Korean trainees, and through a lot of hard work, we have started more business in South Korea. Also, we have established a branch in South Korea, and we are going to release Korean records for our groups."

The best way to break into a country is to release local language records. In the previous life, when Korean groups went to Japan to develop, they had to release Japanese records, otherwise it would be difficult for others to understand them.

And once you have a fan base in Japan, everyone can not only accept you singing in Japanese, but also accept you singing songs in your own language.Therefore, if groups under YG Entertainment want to develop in Japan, learning Japanese is inevitable.

Hearing these good news, Lin Zuhui nodded in satisfaction. It was his deepest thought to kill the Hallyu in its cradle.At least until 1998, South Korea will not realize the importance of culture.

After the financial crisis, when President Kim came to power to formulate the cultural outline, Hong Kong culture will immediately enter the second stage: Hong Kong variety shows, second-generation groups, and second-generation Hong Kong dramas will gradually appear after the millennium, completely killing Korea's cultural industry.

Then, Lin Zuhui asked again: "How is the comedian artist training class progressing? Why hasn't there been a special program yet?"

In the previous life, there was such a wave of TV power in South Korea, and that was comedians.Many variety shows need the main MC, which is very important to the whole show.

In the previous life, buying other people's copyrights in the mainland was not good. The biggest reason is that those celebrities are too delicate-they can't afford it, so the entertainment is greatly reduced.

And comedians are the most 'inferior' entertainers, and acting ugly is their essential job.Of course, if you become a head MC, your status will be greatly improved, such as Liu Jae-shik from South Korea in his previous life.

Zhao Zhenqiang immediately said: "Next year's new year's day will be a small program, and there are some good seedlings in the training class for comedians."

Lin Zuhui nodded. Speaking of which, the idea of ​​this training class for comedians was proposed by him two years ago, and he also roughly mentioned the content of the training.

He himself has a certain understanding of the Hallyu in his previous life, so he did not hesitate to give some pointers.

Hong Kong-style idols, Hong Kong-style dramas, and Hong Kong-style variety shows will all work together to drive Hong Kong's tourism, beauty and cosmetics, and clothing industries, and a complete industrial chain will be formed.Of course, this is only a part of the cultural industry. Comics, games, software, etc. are all cultural industries.

……

South Korea, SM Entertainment.

Lee Soo Man is studying the information of 'Hong Kong idol group' in the office, and SM Entertainment is about to give birth to the first male idol group, and the new era of Korean entertainment is coming.