Chapter 377 [Lin Zuhuis reputation](1/2)
Xiangjiang.
Monday, January 22, 1990.
Lin Zuhui came to the office of Huazhi Center. In fact, he had returned to Xiangjiang on the afternoon of last Saturday. However, he was very confident in his senior executives, so he spent the weekend with his family as a matter of course.
The last time he went to the United States and Canada for business, his senior executives had kept the company in good order, so he didn't feel uneasy after going to the mainland for half a month this time.
And this situation will become normal. In the future, Lin Zuhui will often fly around the world. Now he is like a spiritual symbol. As long as he is alive, the company will not be in chaos and will develop according to the strategies he has formulated.
After arriving at the office, Lin Zuhui was not in a hurry to work. Instead, he read the newspaper and drank tea. His subordinates also knew his habits and would not report to work too early unless there was something urgent.
He reads newspapers very quickly, not because he swallows them wholeheartedly, but because of his excellent memory and mental ability. Because of this, he reads about ten newspapers every day.
His favorite newspaper is of course his own financial newspaper "Economic Daily". He also reads the same type of newspaper "Economic Daily" every day.
An ordinary piece of news stopped Lin Zuhui's attention. The international gold price was US$415 per ounce.
His half-knowledge of finance told him that the U.S. dollar and gold are negatively correlated. If the U.S. dollar appreciates, gold will fall because gold is a safe haven.
Around February this year, Japan's bubble burst. "The US dollar appreciates and the yen depreciates" was a major policy of Lin Zuhui's investment in foreign exchange some time ago. At present, he has personally bought 20 billion US dollars/yen (2 billion yen).
Gold), New Era Group also bought 5 billion USD/JPY.
"The Exotic Land Development of Vegetable-Growing Skeletons"
For a while, Lin Zuhui was considering whether to short gold!
The gold industry in Xiangjiang is very developed. In 1974, the Hong Kong government lifted gold import and export controls. Due to Hong Kong's special geographical location and supporting soft environment, gold merchants from all over the world gathered together, and Hong Kong became one of the four major gold markets in the world (the other three are London,
New York, Zurich). The Hong Kong gold market consists of three parts: the local traditional Hong Kong gold and silver trading market, the Hong Kong London gold market, and the Hong Kong gold commodity futures market. The average daily trading volume of the Hong Kong gold market is more than 800,000 taels.
The total value is approximately US$200 million.
So many companies related to the gold industry and such high trading volume mean that gold speculation is booming in Hong Kong. Gold trading is highly speculative and is affected by supply and demand, politics, war, currency depreciation and appreciation, and market creation by large investors, etc.
Affected by factors. The price of gold fluctuates greatly, just like the securities market. The gold market is also known as a paradise for speculators. When the price of gold rises and falls sharply, some people get prosperous and some go bankrupt, which is shocking.
Done!
It just so happens that he personally still has a lot of cash flow, and New Era Group also needs to reduce its holdings and reduce its debt.
Originally, he wanted to continue buying USD/JPY foreign exchange, but when he thought about how much he had earned in foreign exchange and his investment was slightly larger this time, it was better to diversify his investments.
"Dongdong" there was a knock on the door.
Assistant Li Ke and general manager Chen Bin were the first to arrive at Lin Zuhui's office. Chen Bin went to the mainland this time and returned to Hong Kong early. He has been working in Hong Kong for a week.
After sitting down, Chen Binhui reported: "Boss, KMB has agreed to place the Tsuen Wan terminus at 'Tsuen Wan Place'! Moreover, Sun Hung Kai seems to have avoided Tsuen Wan New Town and does not plan to invest in a shopping mall network in Tsuen Wan, and announced
Establish a network of shopping malls in Tuen Mun, Sheung Shui and Yuen Long in the New Territories."
Lam Cho-fai nodded and said: "It's a very wise choice. If it were me, I would not continue to fight head-on in Tsuen Wan. Our group does not consider building a large number of shopping mall networks in major new towns, but focuses on the commercial dominance of Tsuen Wan New Town.
"
Tsuen Wan is the largest new town in Hong Kong. The current population is close to 500,000, and in later generations it will be as high as 800,000. Therefore, Lam Cho-fai's occupation of the commercial market of this new town is more effective than occupying several others in the New Territories.
Therefore, the New Era Group first built a pure shopping center on the old ferry reclamation area on the coast; then it prepared to build a large-scale commercial complex in the northern area, with an investment of up to 6 billion to 8 billion.
Once this project is completed, the three projects, Tsuen Sun Place (shopping mall), Tsuen Wan Plaza (commercial complex), and Quan·Chenghui (large residential area), will appear in an inverted 'pin' shape and stand at one end of Tsuen Wan's coastal area.
The transportation of this large project is very convenient. The MTR Tsuen Wan West Station, Tsuen Wan Bus Terminal, Minibus Terminal, and Ferry Terminal are all there.
A very nice investment!
Chen Bin said: "Well, after all, they have lost the opportunity, and we have submitted a letter of intent to the Hong Kong government. If the land is exchanged, we will definitely be the first choice!"
The Hong Kong government has a law. The government will participate in land acquisition. As long as 80% of the owners agree, they can apply to the court for enforcement. At present, there are not many owners on Yeung Uk Road. The Hong Kong government has intended to renovate it, so it will soon be
The land is vacated and then granted to the real estate developer through a land exchange right letter.
Of course, the Hong Kong government does not "give" land to real estate developers for free. First of all, the land exchange rights and interests certificate is a "land exchange certificate" issued by the Hong Kong government, which is valuable; secondly, the land exchange rights and interests documents were all used to compensate farmers in the New Territories.
Therefore, the land exchanged can only be residential land.
So, as a real estate developer who wants to develop commercial projects, he will naturally have to pay a high "land supplement fee" to the Hong Kong government.
Lin Zuhui said: "This project is very important to us, so the company must pay attention and plan carefully!"
"OK!"
Chen Bin reported again: "House prices in Discovery Bay have risen sharply. It is expected that when the fourth phase goes on sale, the unit price will rise to more than 1,000 yuan!"
Lin Zuhui naturally knew this. The house prices in Discovery Bay will soon rise to the level of Tsuen Wan. Although there is an undersea tunnel and airport railway, it is far from the city, but the environment and planning there are very suitable.
On vacation, the house will naturally be popular.
This chapter is not over yet, please click on the next page to continue reading! "Well, although it can make a lot more money, it is a project led by New World after all, so there is no need to care!"
"OK!"
Even if it is a project that he does not lead, even if he makes money, Lin Zuhui is not willing to mention it!
His most proud projects are of course: Central Plaza, Wan Guo Baotong Center, Huijing Garden...
Lin Zuhui asked: "How is the real estate market now?"
Chen Bin immediately said: "The price is rebounding, but it is a rebound after the plunge. People who buy the residential property market are all in "rigorous need" (a word invented by Lin Zuhui), and there are basically not many people speculating in real estate... Real estate and stocks in Xiangjiang
, even the economy is still deeply affected. Especially the relocation crisis is serious. From June last year to the end of last year, an increase of 42 listed companies have relocated. Unlisted companies have relocated overseas, so it is difficult to count...
...But the boss can rest assured that our New Era Group will respond promptly this year and the net real estate profit will not be lower than expected. After all, the scarcity of residential properties in Hong Kong is more than 350,000, so there is no need to worry about buyers."
Lin Zuhui nodded. His goal for New Era Group this year is: recurring net profit of more than 3 billion (excluding non-recurring profits such as financial investments).
This level is roughly: after the supply of residential area provided by Cheung Kong and Sun Hung Kai, because New Era Group's rental income ratio is very high.
Chen Bin quickly finished his work report. He reported very concisely and grasped the key points of the work, because he knew that his boss paid great attention to efficiency and did not like reports that were too detailed.
But it would be a big mistake to say that the boss doesn't understand the details of the work. The boss still knows the company's affairs very carefully, but he just doesn't like senior executives talking about trivial matters in front of him.
After Chen Bin left, Lin Zuhui already had a clear understanding of New Era Group's main business, real estate, and made up for half a month's workload.
Then, Liang Zhenxun walked in immediately outside the door.
Lin Zuhui glanced at the New Era Group's stock on the computer. The stock price was 18.2 yuan. Compared with the privatization of Chinese Real Estate, the market value increased by 2 billion and is currently 23.8 billion.
Lin Zuhui's warrants have not been used and exchanged for real shares, but the market value is actually 26 billion!
After Liang Zhenxun reported his work, he said: "Boss, the available funds in the company's account are HK$500 million. To privatize Cathay City Hotel Management, there is still a shortfall of HK$450 million, which must be solved through borrowing!"
Lin Zuhui nodded and said: "Then simply borrow another 1 billion to privatize Cathay City. With the 500 million in the account, you will join forces with Hengjin Investment to short-sell gold in the Xiangjiang gold market, using 10 times leverage.
"
Even for spot transactions in the Hong Kong Gold and Silver Trade Center and the Hong Kong London Gold Market, you can choose 10 times leverage, that is, you only need to pay a 10% margin.
Liang Zhenxun asked: "Does the boss think the dollar will appreciate?"
Lin Zuhui said generously: "I think it's time for Japan's soap bubble to burst, just like a 99-story skyscraper that collapsed with a bang."
Liang Zhenxun couldn't help but admire his boss's vision, and naturally said with conviction: "Okay, I'll discuss it with Li Hao later!"
"I'll go with you!"
"Um"
Lin Zuhui planned to ask Hengjin Investment to spend 1 billion and New Era Group to spend 500 million, both using ten times the leverage to start short selling gold through multiple channels.
.......
After getting off work in the evening, Lin Zuhui drove to the Regal Hotel for a banquet. It was not a dinner party, but Zhang Min asked him to have dinner.
The two of them rarely eat alone. Lin Zuhui is an irresponsible man. He probably only uses money and energy to conquer women, and rarely spends time with her. But he is open-minded. As long as he doesn't remarry with his own children, whoever wants to leave will have to do it.
Leave him alone and don't force him.
However, since Zhang Min took the initiative to invite him to dinner, he had to take care of other people's emotions no matter what.
As soon as he walked into the lobby of the Regal Hotel, Lin Zuhui saw an uncomfortable scene. A man and several followers were talking to Zhang Min. Zhang Min was not enthusiastic at all, and it was probably a courtesy.
Lin Zuhui walked forward without hesitation and came to Zhang Min. This woman was smart and immediately took Lin Zuhui's arm. She wanted to please Lin Zuhui and get rid of this group of people.
"Who are you?" Lin Zuhui pretended not to know Xiang Huasheng, looking like an elder.
When Xiang Huasheng saw Zhang Min holding Lin Zuhui's arm, he knew that he had hit an iron plate. This person was someone he absolutely couldn't afford to offend, but a few of his younger brothers looked a little unconvinced.
"Lin Sheng, I'm sorry, I didn't know Miss Zhang Min was your girlfriend! I'm Xiang Huasheng, from Yongsheng Company."
Lin Zuhui then said calmly: "People from the Xiang family, please be careful in the future. How come you poached people and ended up in our company!" Although his tone was gentle, he did not take the Xiang family seriously at all.
When Xiang Huasheng heard Lin Zuhui step down, he quickly said: "Yes, yes, it's my fault, I'm sorry!"
Lin Zuhui nodded. The meaning of his step was very simple. If you said you were chasing my girl, wouldn't it mean that I would not be able to step down?
However, Xiang Huasheng just said hello briefly, and Lin Zuhui couldn't really cause trouble for others. After all, the relationship between Zhang Min and him was not public.
"Yongsheng is good, do a good job!" Lin Zuhui patted Xiang Huasheng on the shoulder and said before leaving.
Without Zhou Xingchi and Li Lianjie, Yongsheng has made a lot of money in the film industry by imitating DreamWorks.
"Thank you for the compliment!" Xiang Huasheng said with a smile.
Seeing Lin Zuhui and Zhang Min leaving, Xiang Huasheng's younger brother said unconvinced: "Brother, why are you so afraid of him? Xin Ngee An is behind us!"
To be continued...