Hong Kong's new giants
Page 423
After the photos were taken, everyone chatted about everything about the foundation, and the more important thing was Xiangjiang's economy.
Taking advantage of the gap, Li Chaoren came to Lin Zuhui and said, "Lin Sheng, sit down later to discuss the listing of Orange Company?"
Lin Zuhui said with a smile: "No problem, it's about time!"
It turned out that the two companies merged their European telecommunications businesses to avoid vicious competition. After the merger, the telecommunications company continued to use Orange Company, and its business development has grown by leaps and bounds. It has become the second largest mobile communication company in the UK, second only to Vodafone.
However, last year, Hutchison Whampoa hoped that Orange Company would go public and then cash out part of the funds; Lin Zuhui rejected it on the grounds that it would be more beneficial to the company to go public a year later.
The fact is also the same. In one year, the number of customers of Orange Company has increased by more than 30%.
However, if it goes public now, there is no problem in cashing out 60-80 billion Hong Kong dollars, and the two companies can almost recover their costs.At the same time, Orange Company can also participate in license bidding in other European countries.
Li Chaoren said: "Mr. Lin's timing is really admirable!"
Lin Zuhui laughed and said, "There, Superman Li is the same!"
Seeing that Lin Zuhui and Li Chaoren were chatting and laughing happily, and they were still cooperating, everyone felt a little strange. After all, the competition between the two is also very fierce.
Last year alone, there were many competitions for major projects, such as Embarcadero Ferry Terminal and No. [-] Kwai Chung Ferry Terminal; this month, the two sides also launched a fierce exchange of fire on the new airport franchise store, with each winning and losing.
In terms of airport franchise stores, Lin Zuhui has many retail brands under his umbrella, and so does Li Chaoren; as a result, the two franchises each won nearly ten stores, accounting for 60-70% of the quota, and other financial groups and overseas financial groups complained. .
The reason why Lin Zuhui is like this is naturally because he is also a giant in clothing, jewelry, beauty makeup, and retailing. Naturally, he is very much in need of airport franchise stores.
For example, in the field of makeup, due to the birth of Natural Hall, it has a huge impact on Watsons.Natural Hall is not only involved in the field of beauty makeup, but also in the field of retail, and it will usher in great development in the future. After all, "Hong Kong culture revitalizes Hong Kong" was proposed by Lin Zuhui, and he himself will naturally have enough to eat.
Chapter 599 [Enmity]
Thursday, November 2.
It's New Year's Eve again!
This year's Spring Festival, Lin Zuhui is still in the same line as the royal family. Last year, Wang Lingyin gave birth to another son, so this line already has three sons, which makes Lin Zuhui a little 'sorrowful'.
He just wanted Wang Lingyin to give birth to a princess, so that the main family would be more perfect.Of course, Lin Zuhui is also very happy that things have come to this point.
On the table, Lin Wenjie, who is more than 9 years old, wrote couplets rigidly. The brush calligraphy is very square, not "crazy grass".
"Baba, I've finished writing it, please read it!" Lin Wenjie pointed to his masterpiece just now, his eyes eager for his father's approval.
Lin Zuhui said with satisfaction: "I have made progress and have solid calligraphy skills. But don't be proud, especially when you study abroad next year, you must stick to it. We must learn the advantages of the West, and we must not lose the Chinese tradition!"
Lin Wenjie will graduate from elementary school at the age of ten, so Lin Zuhui took the opportunity to arrange for him to go abroad to study middle school and university.According to the normal procedure, Lin Wenjie will finish college at the age of 20, and then study for a master's degree or work part-time for two years. In 2010, he can join New Times Group and become a middle-level cadre or project leader.
"Okay, Baba! I also like Chinese traditional culture!" Lin Wenjie said with a somewhat 'little adult' appearance.
Lin Zuhui smiled, touched the back of his head, and said with a smile: "If you calm down, you will like Chinese traditional culture. The reverse is also true. Chinese traditional culture can cultivate your psychological quality, thinking, and sentiment. Social changes If you become more and more impetuous, Chinese traditional culture can cultivate your body and mind.”
He is also impetuous, but when he often gets together with the rich and powerful of the older generation, he will feel 'self-cultivation and self-cultivation'.He was originally a young man, and if he played with young people, he might be even more impetuous.
But because of his social status, he had more contact with the old man, so he developed some 'traditional virtues'.Gradually, he also fell in love with some traditional cultures, such as Cantonese opera, Go, calligraphy, appreciation and other professional hobbies.
"Okay, I'll remember it!" Lin Wenjie said half-understanding.He only knew that his father was a great man, so he admired him since he was a child.
Soon, the second child Lin Wenyi broke in and begged Lin Zuhui to take them out to play.
"Okay, our family will go out to the mall in the afternoon!"
"Yeah, I'm going to tell Mom!"
Is Lin Wenyi a financial talent?
Lin Zuhui couldn't help but asked in his heart, but he decided not to force it, but only suggested that Lin Wenyi apply for the finance major in the future.Lawyers are also good, and they will be the stuff of CEOs in the future.
If two sons can be cultivated, as for the third son, Lin Zuhui plans to raise him.After all, he still has concubines and children. If he is promising, LEIT Group, Media Group, and ATV Group can accommodate them.
Of course, maybe these children also look down on these industries, because Lin Zuhui will probably promote the Seven Immortals to tens of billionaires in the millennium, and the rest will also be slightly promoted; not only that, Lin Zuhui will be in 2000. In the end, Qixian will be allowed to hold American technology and Internet stocks. After 2015, these stocks will be enough for them to become hundreds of billionaires.
The reason is simple, Lin Zuhui doesn't want to put all his eggs in one basket, and he is too rich to be jealous.If you can spread the risk, spread it out.
For example, he currently holds 13.8% of Apple and 30% of Amazon shares. Even if it is diluted later, Lin Zuhui still holds too many shares.Take Apple as an example, the largest shareholder in the previous life was only about 6%, and it was a company similar to the American pension fund. If Lin Zuhui holds too many shares, it is obviously easy to become a thorn in the side of others.
Therefore, it will be enough for Jingwei Capital to hold 5% of the shares, and let the three concubines each hold about 1.5% of the shares.That way, at least it won't look so exaggerated.
Of course, in the future, we can still carry out offshore and decentralized holding methods. On the surface, 5% is too high, after all, he is an individual shareholder.
in the afternoon.
Lin Zuhui brought Wang Lingyin, Lin Wenjie, and Lin Wenyi to Central for shopping. The youngest child stayed at home and was handed over to the nanny.
When a family travels, there are no less than 10 security guards around, and the ostentation is still quite large; even Lin Zuhui's bodyguards can be divided into secret whistle and bright whistle, which still gives people a sense of style.
However, Xiangjiang people do not have the habit of watching. Even if there are occasional aunts and uncles to greet, it is a kind greeting and will not disturb Lin Zuhui and his family too much.
Therefore, there will be no trouble for the family to go out!
Central is very prosperous, not only office buildings and white-collar workers, but also various luxury goods, jewelry stores, and gourmet restaurants; because of the buildings in Xiangjiang Central, many of the ground floors are shopping malls, such as the properties owned by China Real Estate - Standard Chartered Bank Building, Wing On The lower floors of the building are all used for shopping malls.
Walking around, Wang Lingyin brought everyone to the flagship store of Xie Ruilin Jewelry in Central.
Of course, this is nothing. After all, these women of Lin Zuhui also shop at their own jewelry brand "Lukfook Jewellery", Chow Tai Fook and Chow Tai Sang also take care of business, and foreign brands also go shopping, so there is no personal opinion.
In this, there is a sentence that Lin Zuhui said, don't always think about taking care of your own business just because you have a brand, otherwise you will lose a lot of fun in life.As soon as the girls heard this, they no longer paid attention to these issues. Doing whatever you want is the essence of shopping.
Wang Lingyin strolled around Xie Ruilin Jewelry flagship store, apparently not interested in it, and ran into a reporter during the period, but was stopped by the bodyguards to take pictures.
Reporters really dare not take pictures. Lin Zuhui's bodyguards are famous for snatching film and negatives, especially not allowing photos of Wang Lingyin and his son to be leaked to the media; generally speaking, reporters in Xiangjiang know this and never report him. The son's photo was posted on the media, but Wang Lingyin was photographed at several public events, and he really didn't escape.
"Why didn't you like it?" Lin Zuhui asked with a smile.
Wang Lingyin took Lin Zuhui's arm and said, "The style is a bit traditional, and I don't like it very much recently!"
Lin Zuhui nodded, and didn't get entangled anymore. If you don't buy it, you don't buy it. Does anyone dare to think that they are 'spying news'!
……
In fact, Lin Zuhui and his wife visited Xie Ruilin jewelry but did not buy it, which aroused some public opinion in Hong Kong media. Lin Zuhui only found out later because it was reported by tabloids.
What happened was that the reporter was probably frightened by Lin Zuhui's bodyguards, so he was unwilling to make news, so he happened to interview Xie Ruilin himself on the same day; the reporter first told that Lin Zuhui and his wife visited Xie Ruilin jewelry, but did not buy it. A bit interesting, Xie Ruilin, an old guy, was easily fooled and said, "Xie Ruilin jewelry is not afraid of colleagues to come to see the shop", which means that Lin Zuhui and his wife are here to spy on the plot.
For a time, the sales volume of this tabloid increased greatly!
This is how Heung Kong Media survives. It will report several versions of everything. Because the competition is so fierce, everyone will find ways to do something.
Lin Zuhui's tree is so popular that some Xiangjiang media have come up with brilliant ideas, instead of writing about Lin Zuhui's great achievements, they prefer to talk about his personal life.
A reporter answered the reason for this phenomenon: "You don't know how fierce the competition in Hong Kong's newspaper industry is. If a newspaper or a reporter can't come up with exclusive news, you know what it will mean..."
Lin Zuhui sometimes feels the fear of Hong Kong's freedom of the press and freedom of competition!
Maybe it's because of lack of supervision, maybe because of the freedom of the press. In short, Lin Zuhui is also used to the Xiangjiang media; although he is a bigwig in the media industry, he really has no way to interfere with these, so he has a lot of news.
About two or three days later, a media broke the news again. According to interviews with the general managers of Chow Tai Fook and Chow Tai Sang, they clearly stated that Lin Zuhui and his wife are regular customers and super big customers of the two brands. ridiculous.
In this way, a few news, not big or small, aroused discussions among the citizens of Xiangjiang during the Spring Festival.
In the end, Xie Ruilin became a joke in the media, because according to the speeches of the general managers of several jewelry brands, Lin Zuhui and his wife are both regular and big customers.
In this way, it proves that Lin Zuhui and his wife are not "stingy people" who only buy their own brand, but are very generous in buying jewelry from competitors' brands.
The citizens also felt that this was right, because Lin Zuhui was super rich and would enjoy the rich, not the kind of stingy person.
Later, all the media began to attack Xie Ruilin for "taking his own humiliation", which caused such a big disturbance, which not only offended Lin Zuhui, but also lowered his own brand.
When Lin Zuhui heard the news, the matter had almost come to an end. He did not expect such a comedy to happen.
Of course, Xiangjiang's media is like this, they always use all kinds of tricks to get news!
In normal times, Lin Zuhui would just laugh it off, even if he didn't care about Xie Ruilin, he couldn't help it, he couldn't mess with others.
However, this time is obviously a special case. He really wants to make use of the problem and make trouble with the Xie Ruilin family. Isn't there a reason for that?
Of course, he is a serious and law-abiding businessman, and it must be upright to mess with others.
Remember, after the financial crisis, the bankruptcy of the Xie Ruilin family began.
Xie Ruilin's daughter-in-law is quite pretty, but the key is that she has the temperament of a "young grandma". Lin Zuhui couldn't help but think of a party where he met Xie Ruilin's son Xie Dafeng and daughter-in-law Qiu Anyi, and he had a good impression of Qiu Anyi (Cao Thief's Heart ).
He generally doesn't bully children, but if he has the opportunity, he won't let it go.
……
In late February, Lin Zuhui's personal investment company, Hengjin Investment, successfully closed the foreign exchange investment, and obtained cash of 2 billion U.S. dollars, which means a profit of 21.5 billion U.S. dollars, a profit of nearly 19.5%.
When buying, the dollar and yen averaged only around 82, and when selling, it was already above 120.It may be higher in the future, but Lin Zuhui has not considered foreign exchange investment for the time being. After all, his wealth is already very large, and he can switch to more stable investment methods.
For example, when the spot price of gold fell to US$300 per ounce, he planned to buy 1000 tons of gold and store it in the underground safe of the Octopus Bank Building.Because Lin Zuhui knows that for about 4 years, gold has been running below 300 US dollars per ounce. It was not until after the 9.11 incident that it began to soar all the way to around 2011 US dollars per ounce in 1800.
A full five or six times the profit, although it will take about 15 years, can't hold a ton of gold at US$300 per ounce, which is almost 8200 million Hong Kong dollars, and 1000 tons is 820 billion Hong Kong dollars.
Large capacity is the most important thing.Secondly, Lin Zuhui felt at ease when the gold was transported to Xiangjiang for storage.So when he built the Octopus Bank, he specially considered the issue of underground vaults.
Not only that, the original China Commercial Bank Building (Kowloon) is now being rebuilt; after reconstruction, it will become the Barings Bank Building, which also has the design of a treasury.
Before the bubble crisis, Lin Zuhui may have hundreds of billions of Hong Kong dollars in cash, so he had to start talking about the issue of 'how to spend the money'.
It was something that caught him off guard, given how inflated his fortune was in the late 90s.
Of course, the money is still easy to spend.
"Boss, all the foreign exchange liquidation funds have arrived in the account. Your current investment funds in Hengjin have reached 282.6 billion!" Lin Zuhui's old retainer Wu Guoming, who is also the vice president of Hengjin Investment, came to Lin Zuhui's office to report.
Hengjin Investment is almost his personal financial steward, and his cash flow is in the account of Hengjin Investment.
And his wife, Wang Lingyin, holds Hengjin Real Estate in her hand and is now a rich woman. Of course, Wang Lingyin will not spend the money from Hengjin Real Estate, because Hengjin Real Estate will become a trust fund for the main family.
As for the funds of other concubines, Lin Zuhui now pays about 30 billion in company dividends every year, which is almost enough for those women.
"Okay, it's stored in the bank account, don't worry about it for now."
"Ok!"
In the next few years, there will be a lot of money. The gold futures will be liquidated at the end of the year or next year. At that time, more than 120 billion will be withdrawn.
接着,大概是明年(1998年)下半年或年底,恒金投资的美国银行股票,差不多又是600~700亿到账(1994年的50亿本金+早期2亿美金投资花旗的不到5%股权)。
Finally, before the bubble crisis, information technology stocks were sold, and the amount was as high as hundreds of billions.Only 2% of Microsoft's equity is worth more than 100 billion US dollars, and YAHOO's 10.8% stake is also worth more than 100 billion US dollars; there are also Cisco, Oracle...
It's incredible to think about it!The market value of American stocks is too profitable!
Moreover, after the millennium, U.S. stocks have skyrocketed for more than 20 years, and only experienced sharp declines in 2000-2001 and 2008, and they have been singing all the way at other times.
I have to admit that the financial strength of US imperialism is too strong.
Lin Zuhui also began to be vigilant, that is, if he made so much money in the US stock market, there will be news leaks, causing unnecessary troubles!
Therefore, after the bubble crisis, the investment companies of his concubines began to hold US stocks one after another to share the risk!It is equivalent to, after Lin Zuhui cashed out the US stocks, Lin Zuhui's concubines took advantage of the low price to 're-hold'.
In this way, Lin Zuhui's concubine Qimai can become a branch family of hundreds of billions in the future.
Of course, Singapore’s Sanmei and Monica also have hope, but the asset appreciation rate is slower.
Chapter 600 【Trillion Club】
In the conference room of LEIT Group, Lin Zuhui held a meeting with the senior management of the group and the presidents of the sub-brands.
LEIT Group is like a 'LVMH Group' of middle and low-end clothing, with a large number of sub-brands under its umbrella, but Lin Zuhui has always emphasized the principle of group cooperative management and independent sub-brands.
What is co-defense management, that is, the group can provide designer scheduling for sub-brands, and the major sub-brands share a "production system"; sub-brand autonomy means that the management of sub-brands implements independent management and operation, According to market mediation, the group is only regarded as a third-party organization that can provide "selfless" help, and the group also regards itself as a service organization that can provide advice, but cannot directly interfere with sub-brand management.
Zhou Rongqing, president of the JEANSWEST brand, first reported his work.
“真维斯目前全球门店为276家,全部集中在亚洲,香江18家、日本76家、内地72家、韩国38家、台岛25家、东南亚47家,去年营业额为78亿港币,纯利8.1亿港币。”
"Our competitors in Asia, Uniqlo has nearly 300 stores, most of which are concentrated in Japan. Last year, Uniqlo only had a turnover of 50 billion Hong Kong dollars, and the profit margin should be less than 7%. Uniqlo recently launched two new series of stores. ——Uniqlo Sports, Uniqlo Home.”
Lin Zuhui listened carefully to Zhou Rongqing's report and thought about it.Over the years, his business vision has become extremely vicious. Assuming that he has no memory of his previous life, or even penniless, it will only take a few years for him to become a rich man.
Zhou Rongqing reported the situation of Jeanswest in detail, and also reported the situation of Uniqlo. The reason for this is that Lin Zuhui has always made Jeanswest regard Uniqlo as its biggest opponent.
And understanding the opponent is undoubtedly very important. Only by knowing yourself and the enemy can you win every battle.
"Uniqlo sports and Uniqlo home are destined to be failures, so there is nothing to worry about. We Jeanswest only do one thing - that is to position casual wear as Jeanswest, and Jeanswest is casual wear." Lin Zuhui said firmly.
All the senior executives nodded their heads with admiration in their eyes. The boss's grasp of the general direction was decisive and correct, which saved the brand from many detours.
Then, Lin Zuhui said: "70% of Jeanswest's clothing models are basic models. What we emphasize is customer psychology. Suppose I am a customer. I see the bright Jeanswest store. I know that the clothes here are very good, and I also know that the Jeanswest brand actually has no brand. When I wear Jeanswest, others don’t know what brand I am wearing (the trademark does not appear in a conspicuous place and is hidden). But as a customer, I know that Jeanswest’s clothes are made of good fabrics. , cheap, popular style, so I trust him!"
Everyone nodded frequently, and the boss said all the most reasonable words, because Uniqlo pays attention to "high quality and low price", if the trademark is conspicuous, it will be a burden-worried that friends will laugh at what they wear is cheap.
Zhou Rongqing also said: "The boss is right! Moreover, Jeanswest attaches great importance to 'explosive styles'. The invention of polar fleece sweaters has laid a solid foundation for Jeanswest in Asia, and we will strive for more explosive styles in the future. The model of driving stores with single products is very classic."
The polar fleece sweater was first invented and sold in two years, allowing Jeanswest to completely defeat Uniqlo. In the first year, Jeanswest sold 2 million pieces, in the second year it sold 300 million pieces, and in the third year it sold 800 million pieces (Uniqlo took away About 1300 million), this is a proper miracle.Of course, the LEIT Group factory makes a lot of money by OEM for European and American brands, and the consumption level of Europe and the United States is higher.
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