Hong Kong's new giants

Father Xu immediately became excited when he heard '1 million', and said, "My wife, you are amazing. With this money for investment, we will make sure that we will not lose money. At that time, we can also package our daughter as a rich lady. Naturally, there is no problem in becoming a wealthy family."

Mother Xu nodded and said, "That's right, you will be a real estate developer in the future, which is why I kept their affairs a secret."

She was plotting against Lin Zuhui, if it was suitable, she would even ask her daughter to take the initiative to break up.

Unfortunately, the couple miscalculated on one thing - Lin Zuhui's charm has a huge influence on a young girl, and it is not certain that Xu Ziqi will listen to her in the future.Of course, this is something.

……

In late February, Lin Zuhui came to the conference room of Sina Corporation in Cyberport.

"boss"

The management of Sina company stood up one after another, with a look of admiration in their eyes.

In their view, although the boss will not interfere too much with Sina.com's operations, in fact Sina.com has formulated a very perfect outline; since Sina.com's listing more than a year ago, its market value has soared from more than 30 billion to the current 1000 billion. It can be called a miracle in the history of the Internet.

In fact, Sina just made a profit last year, and the bubble was very huge.However, as an Internet company under Lin Zuhui, there is no reason why it should not be sought after.

After Lin Zuhui sat down, he said, "Let's start working and reporting!"

Next, several high-level executives reported their work one after another, allowing Lin Zuhui to quickly understand the current development of Sina.com.

Over the past year or so, Sina.com has completed the process of becoming the "overlord of outdoor advertising media" in the mainland and the "largest publisher" in Taiwan, and these acquisitions are almost all made with a small amount of cash + stock.

Due to the large market value of Sina.com, Wanhui Media Group still holds 70.5% of the shares.

"How is the development of the Sina comic website?" Lin Zuhui asked with great concern.

At this time, Lin Zuhui had already elevated the status of Sina.com, and he regarded Sina.com as the NAVER of South Korea in his previous life.Of course, Sina.com will not enter the search engine business, it will still be a portal website.

Sina Comics is a website that Lin Zuhui attaches great importance to. He wants to rely on the foundation of Xiangjiang Comics to develop Internet comics, and then enter more than 100 countries around the world.Because Lin Zuhui knows that in his previous life, NAVER comics have entered more than 100 countries, with 6000 million users, surpassing the population of South Korea.

So he believes that Sina webtoon will do the same. He even thought of what kind of model sina webtoon should refer to, which is naturally the model of "Dian Niang".

Du Guiming, president of sina webtoon, said: "Sina webtoon has attracted more than 500 contracted comic book authors in the past half a year, and currently has more than 15 users, distributed in Hong Kong, Macao and Taiwan..."

After listening to the work report, Lin Zuhui knew that the development was not bad, but he was still a little conservative.

So he said: "Sina webtoon is one of the most important businesses of Sina.com. I hope you can pay attention to it, especially overseas development. I hope that hundreds of countries can see Xiangjiang's comic industry; and the development model I have explained it clearly to you, and I hope you can satisfy me next time."

The cooperation of sina webtoon with Wanhui comics represents the level of Xiangjiang comics (following Japan, and exported to Japan, South Korea, Southeast Asia, Europe and the United States).Now that the basic level is enough, then sina webtoon can not only bring Xiangjiang comics out, but also improve the development of Xiangjiang comics industry.

"Yes" everyone said in unison.

At this time, they understand that sina webtoon is an industry that the boss attaches great importance to.

Lin Zuhui added: "If sina webtoon wants to develop overseas, it must adopt a platform matrix model... At the same time, Sina, the parent company, must vigorously support sina webtoon's funds."

Du Huide, president of Sina.com, quickly said, "Okay, boss."

At this time, Lin Zuhui even wondered whether one day, Sina Webtoon would surpass the parent company Sina.

Although Sina is currently the largest portal website in the Greater China region, the portal website itself has limitations, and Sina's more promising sectors are of course the game department and the webtoon department.

Lin Zuhui did not participate in the works of the sina game department, because his ideas are only provided to the ninth city, and the ninth city is to be the world's top game developer.

Therefore, the game department of Sina and the game department of ATV Group can only rely on the development of Hong Kong's game industry to develop their own performance.

"Manager Wang, the mainland's publishing industry should also try to enter, and strive to cooperate with Sanlian. There is no absolute certainty, it depends on how you play!"

Foreign capital will certainly not be able to enter the mainland's publishing industry; however, if there is cooperation, there will be opportunities, especially if the mainland wants to enter the WTO, which will add a glimmer of life.Of course, the mainland must be responsible for certain positions in the cooperative enterprises.

Wang Leilei immediately said: "Good boss, I will do my best to finish."

Lin Zuhui nodded, expressing his approval, don't tell the boss that it is difficult, this is Lin Zuhui's favorite subordinate.

After the meeting on Sina.com, Lin Zuhui was a little preoccupied.

It turned out that he felt that Wanhui Media and ATV Group had a lot of descendants and grandchildren under the two groups. In addition, these two groups were separated. In this way, Lin Zuhui needed a lot of energy, which would not be conducive to his future development. Children rule.

Therefore, he still wants to merge the two companies. Once this idea is born, it will firmly occupy his brain.

If the merger is successful, Lin Zuhui will call this enterprise a 'media group', in contrast to Murdoch's 'news group'.

To be honest, it is not lost to News Corporation at all.

……

Media Building.

Lin Zuhui summoned his advisers Liang Botao and Yuan Tianfan, as well as Wanhui Media President Long Jingchang, ATV Group President Zhou Liang Shuyi and others to the conference room.

He first expressed his intention to merge Wanhui Media and ATV Group into a 'media group', and then looked at everyone.

Yuan Tianfan took the lead in saying: "The merger is definitely more conducive to future business development. After all, they all belong to the cultural industry. However, the merger will definitely arouse suspicion from the media and concerns from the Hong Kong government. However, I believe that with the important status of these two companies in Hong Kong , the Hong Kong government will definitely take care of it as much as possible.”

Selina Chow said: "Actually, it is a TV license issue, otherwise there is no need to worry so much. But no matter what, the merger plan is put forward and the resistance of the market is tested, then we will know."

As the president of ATV Group, she has actually monopolized power in ATV Group for a long time. At this time, she took the lead in expressing her position and wanted to show her loyalty to Lin Zuhui. After all, she knew that her power came from Lin Zuhui.

Next, everyone expressed their support and put forward their own opinions.

In the end, the result of everyone's discussion is: Assuming that the two companies are successfully merged into a 'media group', the new group business will be divided into four major businesses:

TV broadcasting (Asia TV, Asia Satellite TV)

Entertainment Movies (YG Entertainment, DreamWorks)

News Animation (Wanhui Media, Wanhui Animation)

Software games (The Ninth City, Netflix, ICQ, Sina.com)

……

At the end of February, the news of the merger of Wanhui Media Group and ATV Group was widely spread by the media.

Lin Zuhui also told reporters that supporting the merger of the two groups would be more conducive to the development of Hong Kong's cultural and technological industries, as well as the company's development; Lin Zuhui expressed his own considerations about whether this merger violated the Hong Kong government's restrictions on cross-media , and act in accordance with the law.For this merger, Lin Zuhui said that there will be no social pressure.

For a while, the news spread wildly, and the two companies arranged to suspend trading.

The merger had an answer in early March, which was the intention of the Hong Kong government and the Broadcasting Authority to relax the exemption clauses and passed the review.

Although members of the Legislative Council jumped out to object with a 'monopoly plan' during the period, it was only a certain member after all, and it was harmless.

As for the opinions of the shareholders of the company, it is natural that what Lin Zuhui says is what he says; it is not that Lin Zuhui relies on about 49% of the equity to make decisions arbitrarily, but that the shareholders trust Lin Zuhui very much.

Chapter 684 [Jumping out of the circle of Hong Kong Island]

In Hong Kong in March, two pieces of news had the greatest impact:

First, New Era Group released its annual performance report and announced its dividend plan.In 1999, the New Era Group obtained a net profit of 1650 billion, an increase of 1998% compared with 120; at the same time, the New Era Group announced that "a dividend of 2.05 Hong Kong dollars per share will be distributed, involving a capital of 168 billion Hong Kong dollars."

Second, Wanhui Media Group and ATV Group, two large listed companies, formally merged, and the merged company was renamed "Media Group", with a total market value of more than 2500 billion.

The two news not only set off an upsurge of public opinion in Hong Kong, but even overseas media reported and reproduced it one after another.

Especially when the citizens of Xiangjiang discuss these things, they are even more intense:

"My God, the annual profit is 1650 billion. Mr. Lin Zuhui will really help shareholders make money."

"Who says it's not? In the past three years, New Times Group has become one of the most profitable companies in the world. I have to say that Mr. Lin Zuhui is the stock god."

"The normal net profit of New Era Group is only about 400 billion yuan, and the rest of the net profit is almost all from securities investment and asset cash-out."

"In fact, New Times Group has always been stingy in dividends. The reason why it is so popular among investors is that its stock price has been rising. If you invested in New Times Group 15 years ago, the appreciation will be thousands of times now. response rate."

Hong Kong citizens generally believe that it is the glory of everyone in Hong Kong to have New Times Group, Media Group, Octopus Financial Group, LEIT Group, and Xiaomi Technology.

For a while, Lin Zuhui's position was naturally consolidated again, and no one could shake it.

……

end of June.

New Era Group headquarters.

Lin Zuhui is leisurely in the office. Now he feels more and more like the "mascot" and "spiritual pillar" of the company. Even if he sits in the office without doing anything, the enterprises under him can flourish.

Take New Era Group as an example.

In terms of funds: New Times Group has a cash flow of about 1500 billion Hong Kong dollars lying on its account. At the same time, it also holds Vodafone (after the merger with Mannesmann) worth about 500 billion shares (cashing out). billions of regular profits.In other words, in the remaining nine months, New Era Group's cash flow will be 400 billion yuan, and the debt will be 2400 billion yuan.Of course, the new era will continue to increase investment in the follow-up, and invest in good assets as much as possible.

In terms of assets: shipping and real estate will explode in 2003, the hotel industry will have a long-term stable income of more than 6%, the telecommunications industry also has good development opportunities, beverages and food have ushered in a long-term high-growth trend...

For example, Lin Zuhui has already wound up the clockwork for New Era Group, and then he can move forward by himself if he lets go.

Of course, without Lin Zuhui, the '08 financial crisis' may not have escaped these enterprises. Although the impact will not be great (low debt ratio), they will suffer a lot of losses, such as reducing the weight of ships and cashing out of real estate.

at the same time.

Lin Zuhui also felt some pressure, that is, there was too much money, and it was difficult to find suitable investment projects.

Don't mention his companies, let's take his personal funds as an example.

At present, he has 3500 billion Hong Kong dollars in funds, which is the situation after he spent 500 billion to buy gold spot.

He will take out another 500 billion funds and continue to buy gold spot;

The 1000 billion remaining in the United States will also buy back Microsoft, Oracle, and some high-quality stocks around 2002.

There is still 2000 billion Hong Kong dollars left, and there is absolutely no place to invest. It can only be stored in accounts in Hong Kong and Switzerland.

after.

Lin Zuhui arranged it like this:

Hengjin Investment specializes in investing in information technology U.S. stocks, such as Internet and technology stocks such as Microsoft, Oracle, Nvidia, and Qualcomm. The shareholding of each stock is controlled at 2%, and it is done well in offshore and decentralized processing. Lin Zuhui hides wealth.

The family office specializes in investing in traditional U.S. stocks and Heung Kong blue-chip stocks, such as UnitedHealth, Johnson & Johnson, Wal-Mart, Procter & Gamble, Coca-Cola, etc. The holdings of these U.S. stocks will not exceed 3%; because there are a large number of dividends every year, there is no need to worry about operations funds, and welfare expenditures for family members.

Jingwei Capital, a venture capital company, currently holds stocks such as Apple, Amazon, Penguin, and Ali. It will no longer continue to invest in venture capital, maintain the status quo, and hand over the remaining opportunities to Lin Zuhui's companies.

Barings Bank, which specializes in investment banking, currently holds 16% of Hilton Hotel Group, Gucci, 5% of San Miguel Group (Philippines), and 110% of Samsung Electronics.In last year's oil surge (18%), it has made a profit of 30 billion U.S. dollars. At present, Barings Bank can be said to have sufficient cash flow (about [-] billion U.S. dollars) and strong assets.

"Boss, it's time to go to the Telecom Building for a meeting!" Assistant Li Ke knocked on the door and walked into the office, reminding Lin Zuhui.

"Well, where's President Yuan?" Lin Zuhui asked as he got up.

In the headquarters of New Era Group, there are three carriages, namely President Chen Bin, Vice President Liang Zhenxun, and Vice President Yuan Tianfan.

Chen Bin is in charge of the group's business operations, Liang Zhenxun is in charge of the group's finances, and Yuan Tianfan is in charge of the group's emerging industries, such as shipping and telecommunications, and is also in charge of the group's acquisition plan.

In fact, it can be seen that Lin Zuhui has not delegated power, and has firmly grasped the general direction of the group.

"Waiting for you outside!"

"Um"

When Lin Zuhui walked out of the office, he saw Yuan Tianfan outside, and invited Yitong to take a car to the Telecommunications Building near Yuyong.

Yuan Tianfan is currently the director of Hong Kong Telecom, and Lin Zuhui is the chairman. Both of them are not specifically involved in the development of Hongkong Telecom, but they will supervise Hongkong Telecom and will also provide work guidance.

Today, Lin Zuhui held a meeting in person, obviously HKT will make a big move.

……

Telecom Building, Group Meeting Room.

Lin Zuhui sat in the main seat, Yuan Tianfan and Ai Weilang sat under him respectively, followed by Wu Qinghua, Zhong Chuyi and other senior executives.

Considering that Avalon is an Australian, the entire meeting will be in English.

"The whole meeting is kept secret," Lin Zuhui said in the first sentence.

A kind of executive nodded quickly, it should be.

They understand that the boss wants to formulate a development plan for Heungkong Telecom.

Then, Lin Zuhui said:

"On March 500th of this month, Microsoft, Oracle, and Cisco in the United States sold billions of dollars, causing the Nasdaq index to fluctuate sharply this month. As of today, it has fallen by about 4500 points (currently about [-] points ). I see a big crisis from this, and that is the risk of the Internet bubble bursting."

"The reason why Hongkong Telecom has doubled in just over a year is nothing more than speculation on Internet themes such as PCC business and video information business. As the management, we must clearly realize that Hong Kong Telecom is also a bubble, including PCC business and The video information business cannot really become a way for Heung Kong Telecom to jump out of the Hong Kong circle, because it is full of great uncertainties."

Everyone was shocked. After working hard for a year, the boss said at this time that he was just telling you a story, and he felt a little frustrated.

Think again of the parent company, New Times Group, which cashed out more than 1 billion shares of Heung Kong Telecom from January to March, causing the market value of Heung Kong Telecom to fall to just over 3 billion; The cost of acquiring Hong Kong Telecom has been reduced.

Amazing!

Lin Zuhui smiled and said, "Do you feel frustrated?"

Avalon first said: "It's not a setback. When Hong Kong Telecom's market value exceeded 5000 billion, our management knew that these were the factors of BOSS and the Internet, which drove the market value of Hong Kong Telecom to rise. As for PCC and video information business, there is no need. At the last moment, no one can tell what the future will look like, after all, companies like Microsoft, Intel, and News Corp. are also starting to deploy.”

He was right. Heung Kong Telecom's rise to 5000 billion was half due to Lin Zuhui's factors, and the other half was due to the "storytelling" of the Internet business.