Lin Zuhui is very looking forward to the fact that if Lukfook Jewelry develops to a certain extent in the future, Lin Zuhui can use this company to store gold spot. He remembers that before 2002, the price of gold was below US$300 per ounce; and by 2012, gold

The price is already at $1,600 per ounce.

Coincidentally, at that time, his wealth reached a huge level, and investing in gold spot/futures was one of the best ways to increase his wealth.

...

...

The beginning of October.

At the Deep Water Bay Golf Course, Lin Zuhui was playing golf with the Zhengs and his sons. In fact, it was Lin Zuhui and Zheng Yutong playing golf. Zheng Jiachun liked to do things with his father and watched from the sidelines.

Playing golf is not the goal. Lin Zuhui also hates golf. The key is to have a good relationship with Zheng Yutong.

"Uncle Tong, are you interested in making a big investment together?" After Lin Zuhui's cool swing, he didn't look at the trajectory of the ball, but said to Zheng Yutong not far away.

He has a distinctive style of doing things. Even when he plays golf, he is said to have a "personality". After he swings, he doesn't care too much about where the ball will land. But in fact, Lin Zuhui's golf level is very high. In addition to his previous life,

Apart from playing, his physical coordination ability in this life is more important, and his strength is also superior to that of normal people.

Zheng Yutong was different. As a veteran in this field, seeing Lin Zuhui's skills growing day by day and often beating him, he suddenly became more competitive.

"Yes, your ball may be an eagle again... What kind of big investment are you talking about?" Zheng Yutong was concerned about the trajectory of Lin Zuhui's ball, which temporarily surpassed the big investment.

He didn't believe that Lin Zuhui could make any big investments. Now New Era Real Estate was dragged down by debt, and at most it was small and medium-sized projects worth hundreds of millions.

There are three types of golf courses: par 3 holes, par 4 holes, and par 5 holes. The distance of each fairway determines how many par holes the hole is. 'Eagle' means a hole in two, and 'birdie'

It's a hole-in-one.

However, for those who play golf all year round, it is rare to hit a 'birdie' once a year. If you hit a 'birdie' on that day, you will definitely give a big red envelope to the staff; even if you hit an 'eagle', it is still very difficult.

Yes, there will be no shortage of red envelopes distributed.

Lin Zuhui said with a smile: "I intend to buy the Twin Towers project at Admiralty MTR Station as an investment property!"

Zheng Yutong turned around sharply, and the golf ball on the ground no longer smelled good.

He was too familiar with that project. In 1981, Hang Lung Properties led a number of companies to form a consortium and won the bid for the development rights of nine subway stations on the island. The Twin Towers are the property development rights of the Admiralty Station; and New World also owns this consortium.

With a 25% stake, he is truly the second shareholder.

Because Zheng Yutong had many dealings with the Hong Kong government back then, Zheng Yutong was mainly responsible for negotiating with the Hong Kong government on this project, while Chen Zengxi, a taciturn and pragmatic person, just listened from the sidelines.

(The Blue Chimney land was originally 200,000 square feet. After negotiations between Zheng Yutong and the Hong Kong government, the Hong Kong government allocated 220,000 square feet to New World at a low price in the hope that the 'New World Center' project could become a landmark building in Victoria Harbour.

Show the world the 'great achievements' of the British Hong Kong government)

At that time, I thought I could make a lot of money, but in the end, I lost a total of 400 million tarts in subscription fees. New World lost 100 million based on shares!

By 1984, a consortium led by Sino Real Estate acquired the land for less than 400 million.

It can be said that Zheng Yutong was heartbroken. Now that Lin Zuhui mentioned this project, he naturally became very interested.

"The Xinhe Consortium has invested nearly 1 billion in construction fees, land fees, miscellaneous expenses, etc. in this project. Regardless of whether the Xinhe Consortium will sell it or not, I am afraid the selling price will be more than 1.6 billion!"

When he heard about the big project, Zheng Jiachun also joined in. He and Lin Zuhui are good friends, but he is not in power now, so Lin Zuhui usually just talks about business with his father, and the two of them play more together.

Lin Zuhui nodded and said: "It's not expensive, it's acceptable! If there are representative buildings in Hong Kong in the 1980s, the Twin Towers are definitely one of them. Its unique architectural shape can be said to be a classic and high-quality building; of course, I

The other four major buildings in my mind are Exchange Square, HSBC Tower, Convention and Exhibition Center, and Bank of China Tower!"

The Bank of China Tower was designed as early as 1982, and construction only started early last year, but the blueprints must have been circulated.

Hearing that Lin Zuhui listed his convention and exhibition center as one of the five representative buildings, Zheng Yutong and his son were very proud and happy.

Especially Zheng Yutong, he has loved big projects throughout his life. The New World Center was his previous favorite project, and the current Convention and Exhibition Center is his second favorite project.

Back then, with New World Center, New World Real Estate even temporarily ranked first among Chinese real estate companies. If it hadn't been for the Sino-British negotiation crisis, which caused some problems in New World, perhaps New World Real Estate would not have declined so quickly.

Zheng Yutong thought for a moment and said, "Do you plan to let Chinese real estate purchase the Twin Towers?"

He is a shareholder of New Era Real Estate, so he naturally knows that New Era Real Estate is making every effort to develop properties, and Chinese Real Estate is the flagship investment property company of New Era Real Estate.

Lin Zuhui nodded and said: "Funding is not a problem! The rights issue and bank loans are enough for Chinese Real Estate to have sufficient cash flow. As for this project, although it is expensive, I think it is very profitable. With the office buildings in Central and Admiralty

Nervous, these two buildings will not only perform well in terms of rent collection, but their own value may also increase by several percent every year."

Inviting Zheng Yutong to join has two main purposes:

First, if you take him along to negotiate with Xinhe Real Estate, you won’t suffer too much;

Second, strengthen the alliance between the two parties and find money together.

Zheng Yutong and his son made eye contact, and then Zheng Yutong said: "What percentage of the shares do we hold?"

But he has already made up his mind. Originally, if he let New World acquire the Twin Towers on his own, he would be a bit embarrassed. At that time, many people will say that you didn't buy the land at a low price back then (in 1984), but now you do

Is it stupid to buy property at a high price?

In fact, in 1984, Zheng Yutong was a little afraid to invest too much. The best project in his mind at that time was a convention and exhibition center that did not require a penny to pay for land. The one that was sure to make money!

Lin Zuhui stretched out two fingers to express 20%!

"Okay, two makes two percent!" Zheng Yutong said cheerfully.

Don’t blame him for not striving for more. In fact, New World Real Estate’s finances have been a little tight in recent years!

(So ​​much so that in the previous life, New World had to sell the two hotel buildings in the exhibition center to an associated company (holding company) in 1988. After Cheng Jiachun came to power, he bought them back at a high price.)

For Lin Zuhui, losing 20% ​​of the profits is nothing. Anyway, the two buildings will be managed by Chinese Real Estate in the future, and the profits will also account for 80%.

He is very optimistic about the investment in this building. As far as he knows, this twin building was sold for 3.8 billion in 1990. In more than three years, the profit can be doubled, which is definitely very suitable for investment.

"However, Huazhi's funds will not arrive until December!" Lin Zuhui said.

"It doesn't matter. We can go talk to Huang Tingfang first. Such a large-scale transaction and repeated negotiations will be very time-consuming!" Zheng Yutong said nonchalantly.

"Okay, this month, we will have time to talk!"

After playing golf, the three of them came to the clubhouse to rest and drink tea.

During this period, Zheng Jiachun joked: "Ah Fai, you are so kind to your girlfriends! In the past, there was the 'No. 1 Beauty in Hong Kong' who transformed into the 'Fashion Queen', and now there is a 'Jade Girl Head' who transformed into the 'Jewelry Queen'

.Aren't you afraid that they will take your money and kick you away?" After saying that, he couldn't help but laugh.

Zheng Yutong is also a master at this. He doesn't hide anything in front of his son and also joins in the joke: "It's hard for a hero to be a beauty!"

I don’t know if I’m making fun of myself or Lin Zuhui.

Lin Zuhui said nonchalantly: "It's just a small fight, and I didn't bother to take care of them. If they do well, it's their ability; if they don't do well, I can be considered benevolent and righteous."

If you can’t do it well, of course you have to give birth to your own child first!

Although the Zheng family also makes jewelry, others will naturally not take Lukfook jewelry seriously. The diamonds imported by Chow Tai Fook every year account for more than 30% of Xiangjiang's share; these diamonds are not only supplied to the market in Xiangjiang (tourists buy the most

), also supplies Southeast Asia, Japan and other markets.

The reason is very simple. Hong Kong is a highly free economic market with extremely low tax rates;

Buying diamond jewelry in Xiangjiang is far cheaper than in Japan, Southeast Asia, and South Korea.

"Which Luk Fook Jewelry company do you own a lot of shares in, and you don't even worry about it?" Zheng Jiachun asked curiously.

After all, he is also a competitor, so he naturally has to care about him, and his father doesn't want to lose face.

"The proportion of shares is large for the time being, but Huang Weichang is a talent. We signed an incentive equity award. I completely let him go with management rights. If he achieves certain goals, the company will reward him with shares to motivate him."

"The talent that can catch your fancy must be a real talent!"

In fact, Zheng Yutong has not managed Chow Tai Fook for a long time, and Chow Tai Fook is also managed by a professional agent.

The Zhengs soon lost interest in Lukfook Jewelry. Although they had the backing of Lin Zuhui, capital operation in the jewelry industry played little role. Everything had to rely on reputation and management.

Chow Tai Fook is already the most reputable jeweler in Hong Kong and has no worries about future competitors.

.......

Thursday, October 2nd.

Lin Zuhui's personal September index futures contract was settled, with a profit of 75 million and a withdrawal of 195 million.

He did not hesitate to take out 180 million and continue to buy the December Hang Seng Index futures contract; at this time, the Hang Seng Index had risen to 2100 points, and the rise was very strong this week.

At this time, the daily trading volume of futures contracts was around 10,000 contracts, and the trading volume was still increasing significantly.

Lin Zuhui has huge funds and can only buy in seven or eight trading days. The cost is expected to be around 2,200 points.

With a capital of 180 million, 8,200 contracts can be purchased, and the profit is expected to be more than 120 million by the end of the year.

As the trading volume of futures contracts increased dramatically, Lin Zuhui became more and more bold in futures contracts. He knew that before the August 7th stock market crash, the daily trading volume was even as high as 50,000 contracts. Later, because the margin could not be replenished, he was forced to stop trading.

Four days.

The larger the transaction volume, the more beneficial it is to Lin Zuhui.

He even made a bold estimate. He started entering the futures contract in June this year and expected to earn 800 million in cash by the end of this year.

It’s so scary, and it’s far more profitable than I budgeted.

Next year, he can earn a little more from futures contracts.

－－－－－－Digression－－－－－
Chapter completed!