Rebirth: The Era of Hong Kong Tycoon

Chapter 309 [Investing in Oil Futures]

Although the Haitou shock did not cause a catastrophe throughout Hong Kong, ominous omens appeared frequently.There were rumors in the market that Ka Wah Bank was short of depositors' deposits and had bad debts on loans; as a result, some depositors who didn't know the truth rushed to Ka Wah to withdraw their deposits in a panic.

Ka Wah Bank immediately asked HSBC and Bank of China for help, and HSBC and Bank of China immediately issued a statement to support Ka Wah Bank.

The bank turmoil led to the stock market turmoil. In June, small and medium-cap stocks slid like an iceberg, and the slide was overwhelming.

Xiaomi Group was privatized by Lin Rongheng in July last year (1984), and then it began to split into Xiaomi Electronics, Xiaomi Semiconductor, and Xiaomi Electric.

The privatization of Xiaomi Group naturally hopes to go public after splitting, so as to obtain more funding channels; moreover, Xiaomi Semiconductor is not expected to make profits for more than ten years, which will seriously drag down the entire Xiaomi Group. Now after the privatization and splitting, naturally There will be no joint and several acts.

Xiaomi Group raised 7.5 million yuan in its initial public offering, and Lin Rongheng only spent 6 million Hong Kong dollars in privatization, not only earning [-] million yuan, but also earning interest and time for three years, which is extremely cost-effective.

Lin Rongheng called Xue Weiyi, the president of Xiaomi Group, and said, "I remember that Amergo robbed us of many ceiling fan markets in North America, didn't it?"

Xue Weiyi nodded and said, "Well, it was probably at the end of the 70s. At that time, our energy was spent on the Walkman and video game industries, and about one-third of the market was robbed."

At that time, Xiaomi Group naturally didn't care about these, because the company had better business, and besides, the fan was not a high-tech product, as long as the market research was completed, it would be fine to open the market.

Lin Rongheng handed Xue Weiyi a stack of documents, and said: "I have acquired Amergo, and the shares are 49.9%, which can be used as our listing shell in the future! We have to act quickly, taking advantage of this wave of small and medium-sized stocks to complete as soon as possible."

Xue Weiyi has no doubts about him, because he thinks that the boss does not have an opinion on Amergo, but that if the three subsidiaries of the group go public, backdoor listing is undoubtedly the most convenient and saves a lot of trouble.

"Okay! The market value is only over 3000 million Hong Kong dollars, so it's not too difficult." Xue Weiyi said, looking at the information that Lin Rongheng brought from Galaxy Securities.

"The original founder had already emptied his shares half a year ago and quit the board of directors. I don't know if he will return to the company, so we moved faster and asked Galaxy Securities for help."

"Okay, I'll arrange it right away."

After Xue Weiyi left, a smile appeared on the corner of Lin Rongheng's mouth. He was undoubtedly killing harm for the people.

The market value of Aimeigao itself has shrunk by half compared to the previous life. Even if Liu cashed out half a year ago, he could only cash out 3000 to [-] million yuan at most; but now there is no guarantee from a listed company, no matter how powerful Liu is, he can't afford to make big waves .

Because it is generally small and broad, companies with small market capitalizations raise funds and bank loans from shareholders, and then buy about 35% of the shares of companies with high market capitalizations.

If an individual purchases a company, it means that there is neither a fundraising channel nor a bank loan, and it has to rely entirely on its own funds.

Evergrande Real Estate, Lin Rongheng received Hu Yingxiang from Hopewell Real Estate in the office.

Both of them are keen on investing in the mainland, and they have cooperated many times. This time, Lin Rongheng approached Hu Yingxiang to invest in the new Xiangjiang Airport; of course, the Hong Kong government did not know about this matter, and Lin Rongheng had no intention of the Hong Kong government to agree with him. plan, but prompted the Hong Kong government to establish a new airport project.

Lin Rongheng took out his own plan and handed it to Hu Yingxiang.

After reading it, Hu Yingxiang couldn't help but said loudly: "Okay, Lin Sheng's proposal is very good, Hehe is willing to participate in the shares!"

Lin Rongheng nodded and said, "The total investment in this project is about 250 billion Hong Kong dollars. Hehe plans to take [-]% of the shares, or [-]% to [-]%?"

Hu Yingxiang said without hesitation: "If there is [-]%, it is a good thing! Lin Sheng is the initiator, you arrange it!"

Soon the two parties reached a verbal agreement and planned to announce the project through the media at another date.Both of them understand that announcing this project does not mean that the Hong Kong government will do it for itself, but the Hong Kong government will definitely not ignore it, after all, it is a livelihood project.

And with the development of Hong Kong's economy, Kai Tak Airport is increasingly overwhelmed, which has already predicted Hong Kong's economy.

7 month.

Evergrande Real Estate and Hopewell Real Estate launched the "Western Seaport-Lantau Island Strategic Development Plan", which immediately caused a shock in Hong Kong and also attracted great attention from the Hong Kong government. This is a huge project comparable to the subway since the opening of Hong Kong.

The plan proposes that a private consortium with Evergrande Real Estate and Hopewell Real Estate as the core will invest 250 billion Hong Kong dollars to build a dual-runway international airport and a western seaport at the east corner of Lantau in the western bay of Hong Kong Island.And develop industrial areas, residential areas, build a number of cross-sea bridges and subsea tunnels to connect the new airport area with Hong Kong Island and Kowloon, and invest in the construction of the Guangzhou-Shenzhen-Zhuhai Expressway connecting Hong Kong, Guangdong Province, and Macau.

Lin Rongheng's move greatly demonstrated his superhuman courage and confidence based on Hong Kong.

Ming Pao commented: Even at this stage, this is already encouraging news.The future of Hong Kong depends on local and long-term investment, and it has always attracted the attention of the public.The local consortium put forward such a huge plan to develop Hong Kong, which makes people feel that they have enough confidence in Hong Kong and are willing to take responsibility for the future of Hong Kong.

Encouraged by this news, stocks and real estate began to rise again.

Moreover, seeing that this project is profitable, many consortiums formed another consortium one after another, and came up with their own proposals, which were submitted to the Hong Kong government or reported to the media.

For a while, everyone showed optimism about the future of Hong Kong, which also had a certain impact on those who were still hesitant to immigrate.

Of course, in the end, the Hong Kong government still rejected everyone's plan.

However, the Hong Kong government has promised to set up a 'New Airport Development Research Group' to compare and study the submitted proposals.

end of June.

On the site of the Central Ferry Terminal, there are two towering buildings, dominating the Victoria Harbour. The blue curtain wall glass adds a dynamic beauty to the Victoria Harbour.

These two buildings are exactly the two buildings in the first phase of Exchange Square. Each building is 55 floors high. It was put into use in May 1985, and the current vacancy rate is zero.

The second phase of Exchange Square is also expected to be completed in 1986. It is a 36-storey building, a 3-storey shopping mall that can be connected to Exchange Square One and Two, and a large public garden.

Exchange Square has a total rental property of 210 million square feet. The first phase of the two buildings has a property area of ​​150 million square feet. In the first fiscal year, a total of 4 million Hong Kong dollars was collected in rent, and the estimated net profit was about 3.5 million Hong Kong dollars.Evergrande Real Estate and Evergrande Real Estate jointly own the property rights of Exchange Square, with a ratio of [-] to [-].

The global headquarters of Lin's family office has moved to the 54th to 55th floors of One Exchange Square.

Lin Rongheng stood by the window of his office, looking at the Harbor City and East Tsim Sha Tsui opposite, feeling great.

After a while, Peter, CEO of the family office, and Martin, director of investment, came to Lin Rongheng's office.

The two of them looked at Lin Rongheng with expressions of admiration on their faces. Their boss was not simple, he was a god of investment.

At present, the 1980 billion family office assets that began to be invested in 420 have exceeded 1000 billion Hong Kong dollars; Japan's property prices, land prices, and stock prices have risen very gratifyingly in the past five years, and the US stock market has also risen very much. .

And just this month, as soon as the Plaza Accord was signed, everyone knows that Japan's real estate and stock markets will skyrocket.

After everyone sat down, Lin Rongheng said: "I want to short oil?"

The two were a little surprised. The boss seldom makes such risky investments, and they are all long-term and stable investments.

Martin asked, "What is the boss's basis?"

Lin Rongheng said generously: "I'm just a guess—Saudi Arabia may be dissatisfied with other OPEC countries, and carry out small actions such as large-scale exploitation and dumping of oil, which will eventually lead to Saudi Arabia also dumping to the market and no longer restricting its own production. Then Oil is bound to fall."

This... This reason is a bit far-fetched, a bit of a gamble.

However, the boss is an expert in the investment world, and the boss has money and can be willful, so Martin immediately asked, "How much does the boss plan to do?"

Lin Rongheng tapped the table, oil will plummet from $30 to only $10 per barrel, even if Lin Rongheng doesn't earn the last penny, he can at least earn 1.5 times.

But obviously you can't invest too much, or you will be attacked and noticed.

In the end, Lin Rongheng said directly: "I will withdraw funds of 20 billion Hong Kong dollars, and you will give me leverage to 50 billion Hong Kong dollars to short oil; we must be careful not to expose all, diversify investment, and complete within three months."

The two quickly accepted Lin Rongheng's order and went down to make arrangements.

At present, the scale of Lin's family office has expanded to 200 elite personnel, with an annual operating cost of about 1 million Hong Kong dollars, and the end is a money-burning institution.Of course, Lin Rongheng thinks it's worth it. These professional personnel have managed several funds in the family office very well.

Even, the 20 billion free funds that were given to the family investment department at the beginning are now worth 60 billion, which is even more powerful than Lin Rongheng's investment.However, their capital is small, so it must be easier to operate.

(End of this chapter)