Rebirth: The Era of Hong Kong Tycoon
Chapter 313 [5 Aunts]
Chapter 313 [Five Aunts]
In April 1988, the Hong Kong government bid for the No. 4 container terminal, and Hutchison Whampoa's international container won the development right of the No. 43.9 container terminal at a sky-high price of [-] billion Hong Kong dollars.
At this time, Hutchison Whampoa already owns the development rights of Kwai Chung 4, 6 and 7 container terminals, establishing the status of the largest container terminal in Hong Kong. Kwai Chung Container Terminals 4, 6 and 7 are just connected together for easy management.
The cost of No. 70 Kwai Chung Container Terminal, together with bidding, reclamation, and purchase of equipment, is expected to be as high as HK$[-] billion.
Hutchison Whampoa has invested a lot in major projects in recent years. Husky Energy in Canada, the telecommunications industry in the United Kingdom, the telecommunications industry in Australia, cooperated with Procter & Gamble to enter the mainland market, and acquired huge overseas investments in several ports in the United Kingdom, Malaysia and other countries. Let Hutchison Whampoa become a world comprehensive enterprise in one fell swoop.
Hutchison Whampoa's annual profit has reached more than 35 billion Hong Kong dollars, plus the loan funds, enough to cope with the annual investment.
In Hutchison Whampoa's conference room, foreigners still dominate.
Lin Rongheng sat on both sides of Ma Shimin and Huo Jianning. Everyone could see that if Ma Shimin resigned, Huo Jianning would become the general manager of Hutchison Whampoa.Of course, everyone also recognizes Huo Jianning's ability. Huo Jianning has accumulated considerable achievements in the fields of telecommunications and petroleum in recent years.
At the beginning of the meeting, Lin Rongheng said: "The American Southern Company has failed to diversify, and it is only a matter of time before it goes bankrupt; but we have two things in their hands, so we must acquire this company."
Everyone nodded. The boss said two things, one is the 7-ELEVEN convenience store brand, and the other is half of the equity of European and American Red Bull. These two things are very important to Hutchison Whampoa.
Lin Rongheng continued: "Jason, you are in charge of this matter, and you must complete the holding in the 80s. You have a competitor, and that is Huayangtang, which is the agent of 7-ELEVEN convenience stores in Japan, so you must pay attention to the opportunity."
Jason is a British executive who is now in charge of the entire retail business at Hutchison Whampoa.
"Okay, boss!"
In a mansion in Milan, Italy, Lin Rongheng hugged his half-race son, full of joy, next to him was Monica, the flower of the earth in his previous life.Monica has been with Lin Rongheng since she was 18 years old, and it has been six years now. The relationship between the two has been good. In the end, Monica gave birth to a baby boy at the beginning of the year.
"Would you like to go back with me to see the others?" Lin Rongheng said to Monica gently.
Monica shook her head, took a step forward and approached Lin Rongheng, and said slyly, "I'll be your lover, not your concubine!"
Lin Rongheng said deliberately: "The treatment of lovers and concubines is very different. The family office will pay family members about 200 million Hong Kong dollars in living expenses every month, including children, and this number is increasing every year!"
Monica's face changed, thinking that she and her son could receive 400 million Hong Kong dollars a month, which is not only 5000 million Hong Kong dollars a year; the important thing is that this income is enjoyed for life and benefits the entire descendants of this man.
"Then meet them. After all, children are sons. They must be included in the family office's welfare list!"
Lin Rongheng laughed instantly, there are women who don't love money!
Villa 66, Deepwater Bay.
Lin Rongheng's five women gathered together. The four women looked at Monica's sexy body. As women, they couldn't help gulping. An Qi even had a secret contest with Monica, and she suddenly became confident. Nothing.
After all, An Qi is already a 40-year-old woman. As the principal and the only legal wife of Lin Rongheng, she naturally took the initiative to introduce Monica, and soon everyone became one, and they all spoke Mandarin.
Since everyone had no opinion, Lin Rongheng brought everyone to the family office the next day, included Monica's mother and son into the family welfare system, and promoted Monica to be a member of the family committee, which currently consists of Lin Rongheng and five women.
Monica's benefits are more than that. Lin Rongheng has promised to allocate more than 5 million Hong Kong dollars each year to invest in her career; the investment manager of the family office will find suitable European projects for her, first considering hotels and real estate , retail and other fields, and then slowly expand.
At this time, Lin Rongheng's property in Xiangjiang can collect more than 50 billion Hong Kong dollars in rent every year, so he is also very generous.
At this time, Lin Rongheng has 10 sons and 3 daughters, and the family members are huge.
The eldest son, Lin Jiahua, is 17 years old. He is studying in high school in the United States with excellent grades. It is not a problem to be admitted to any university in the United States by his own ability. He is very interested in business and may succeed the Evergrande department (including Hutchison) in the future.
The An sisters gave birth to five sons and one daughter for Lin Rongheng. If the family property is to be divided in the future, it is expected that Lin Rongheng will be divided into: Evergrande Department, Wharf Department, Evergrande Real Estate, Xiaomi Group, Modern Media Group and Jewelry. As for daughters, they can share Uniqlo.
As for the other three daughters and their children, they all purchased properties overseas.
7 month.
In the family office, Lin Rongheng held a high-level meeting to discuss the preparations to slowly start selling Japanese assets.
Lin Rongheng said: "What is the market value of our funds invested in the Japanese stock market?"
Martin quickly converted into Hong Kong dollars and said, "It's worth about 650 billion Hong Kong dollars!"
Lin Rongheng nodded. At the beginning, Japan invested 300 billion Hong Kong dollars, of which about 70 billion Hong Kong dollars was invested in the Japanese stock market.
It has risen 9 times in eight years, a very high rate of return.
During the same period, U.S. stocks have only gained [-] percent in Japan.
Lin Rongheng pondered for a while, and said seriously: "In 12 months, all of them will be emptied, and nothing will be left. Be careful not to have too much impact!"
Martin nodded without hesitation and said, "No problem, the Japanese stock market is comparable to the U.S. stock market, up to nearly 5 trillion US dollars (40 trillion Hong Kong dollars), and the active domestic stock trading in Japan will not cause any impact."
Peter, the CEO of the family office, said: "Does the boss think that the Japanese stock market still has potential to rise, so the closing time is set within 12 months?"
Lin Rongheng nodded and said, "Anyway, it won't collapse too early. It's not wrong to clear the warehouse in batches."
I remember that the highest market value of the Japanese stock market is 7 trillion US dollars, accounting for 60% of Japan's GDP.
The two nodded, they were convinced of Lin Rongheng's analysis.
Lin Rongheng also said: "Starting at the end of the year, the real estate we invest in Japan will also be cleared within one year."
Martin nodded and said, "There is no problem. Japan's real estate industry is too big, more than three times that of the United States; a family unit in Tokyo needs 3000 to 2100 million U.S. dollars. We audited our real estate industry a few days ago. The total value of real estate invested in Japan has reached 2300 billion Hong Kong dollars. If this situation continues, we will almost withdraw 2500 billion to [-] billion Hong Kong dollars from Japanese real estate developers.”
The three of them are a little surprised. The 300 billion invested in Japan at the beginning has appreciated to 3000 billion Hong Kong dollars in ten years. This is a great investment.
Lin Rongheng said with a smile: "After the assets in Japan are cleared, the salary of the staff and management of the whole family office will be increased by 30%, and the scale will also increase by 20%. After all, there are so many assets that need to be reinvested."
Peter and Martin have a smile on their faces. Both of them are high-level executives with an annual salary of 30 million Hong Kong dollars, which has risen by 30%, but it is a large amount of income; in the family office, the salary of the two is the highest level, and the heads of the other five departments are less than two. [-]% of people.
At present, the operating expenses of family offices have reached as high as HK$1.5 million per year, which is simply unaffordable for ordinary wealthy people.
Martin asked again: "How is the fund storage arranged?"
"The Americas and Europe are each 40%, and Asia is 20%," said Lim Rongheng.
A large part of the follow-up investment projects depended on the family office, and another part was directed by Lin Rongheng.
Lin Rongheng's investment theory is very simple, to buy the stocks of some influential companies in later generations and enjoy long-term dividends, such as Unilever, Shell, BHP Billiton, BP, Zeneca (AstraZeneca), and GlaxoSmithKline in the United Kingdom. , Switzerland's Glencore, Nestle, Roche, Novartis, etc.
(End of this chapter)
In April 1988, the Hong Kong government bid for the No. 4 container terminal, and Hutchison Whampoa's international container won the development right of the No. 43.9 container terminal at a sky-high price of [-] billion Hong Kong dollars.
At this time, Hutchison Whampoa already owns the development rights of Kwai Chung 4, 6 and 7 container terminals, establishing the status of the largest container terminal in Hong Kong. Kwai Chung Container Terminals 4, 6 and 7 are just connected together for easy management.
The cost of No. 70 Kwai Chung Container Terminal, together with bidding, reclamation, and purchase of equipment, is expected to be as high as HK$[-] billion.
Hutchison Whampoa has invested a lot in major projects in recent years. Husky Energy in Canada, the telecommunications industry in the United Kingdom, the telecommunications industry in Australia, cooperated with Procter & Gamble to enter the mainland market, and acquired huge overseas investments in several ports in the United Kingdom, Malaysia and other countries. Let Hutchison Whampoa become a world comprehensive enterprise in one fell swoop.
Hutchison Whampoa's annual profit has reached more than 35 billion Hong Kong dollars, plus the loan funds, enough to cope with the annual investment.
In Hutchison Whampoa's conference room, foreigners still dominate.
Lin Rongheng sat on both sides of Ma Shimin and Huo Jianning. Everyone could see that if Ma Shimin resigned, Huo Jianning would become the general manager of Hutchison Whampoa.Of course, everyone also recognizes Huo Jianning's ability. Huo Jianning has accumulated considerable achievements in the fields of telecommunications and petroleum in recent years.
At the beginning of the meeting, Lin Rongheng said: "The American Southern Company has failed to diversify, and it is only a matter of time before it goes bankrupt; but we have two things in their hands, so we must acquire this company."
Everyone nodded. The boss said two things, one is the 7-ELEVEN convenience store brand, and the other is half of the equity of European and American Red Bull. These two things are very important to Hutchison Whampoa.
Lin Rongheng continued: "Jason, you are in charge of this matter, and you must complete the holding in the 80s. You have a competitor, and that is Huayangtang, which is the agent of 7-ELEVEN convenience stores in Japan, so you must pay attention to the opportunity."
Jason is a British executive who is now in charge of the entire retail business at Hutchison Whampoa.
"Okay, boss!"
In a mansion in Milan, Italy, Lin Rongheng hugged his half-race son, full of joy, next to him was Monica, the flower of the earth in his previous life.Monica has been with Lin Rongheng since she was 18 years old, and it has been six years now. The relationship between the two has been good. In the end, Monica gave birth to a baby boy at the beginning of the year.
"Would you like to go back with me to see the others?" Lin Rongheng said to Monica gently.
Monica shook her head, took a step forward and approached Lin Rongheng, and said slyly, "I'll be your lover, not your concubine!"
Lin Rongheng said deliberately: "The treatment of lovers and concubines is very different. The family office will pay family members about 200 million Hong Kong dollars in living expenses every month, including children, and this number is increasing every year!"
Monica's face changed, thinking that she and her son could receive 400 million Hong Kong dollars a month, which is not only 5000 million Hong Kong dollars a year; the important thing is that this income is enjoyed for life and benefits the entire descendants of this man.
"Then meet them. After all, children are sons. They must be included in the family office's welfare list!"
Lin Rongheng laughed instantly, there are women who don't love money!
Villa 66, Deepwater Bay.
Lin Rongheng's five women gathered together. The four women looked at Monica's sexy body. As women, they couldn't help gulping. An Qi even had a secret contest with Monica, and she suddenly became confident. Nothing.
After all, An Qi is already a 40-year-old woman. As the principal and the only legal wife of Lin Rongheng, she naturally took the initiative to introduce Monica, and soon everyone became one, and they all spoke Mandarin.
Since everyone had no opinion, Lin Rongheng brought everyone to the family office the next day, included Monica's mother and son into the family welfare system, and promoted Monica to be a member of the family committee, which currently consists of Lin Rongheng and five women.
Monica's benefits are more than that. Lin Rongheng has promised to allocate more than 5 million Hong Kong dollars each year to invest in her career; the investment manager of the family office will find suitable European projects for her, first considering hotels and real estate , retail and other fields, and then slowly expand.
At this time, Lin Rongheng's property in Xiangjiang can collect more than 50 billion Hong Kong dollars in rent every year, so he is also very generous.
At this time, Lin Rongheng has 10 sons and 3 daughters, and the family members are huge.
The eldest son, Lin Jiahua, is 17 years old. He is studying in high school in the United States with excellent grades. It is not a problem to be admitted to any university in the United States by his own ability. He is very interested in business and may succeed the Evergrande department (including Hutchison) in the future.
The An sisters gave birth to five sons and one daughter for Lin Rongheng. If the family property is to be divided in the future, it is expected that Lin Rongheng will be divided into: Evergrande Department, Wharf Department, Evergrande Real Estate, Xiaomi Group, Modern Media Group and Jewelry. As for daughters, they can share Uniqlo.
As for the other three daughters and their children, they all purchased properties overseas.
7 month.
In the family office, Lin Rongheng held a high-level meeting to discuss the preparations to slowly start selling Japanese assets.
Lin Rongheng said: "What is the market value of our funds invested in the Japanese stock market?"
Martin quickly converted into Hong Kong dollars and said, "It's worth about 650 billion Hong Kong dollars!"
Lin Rongheng nodded. At the beginning, Japan invested 300 billion Hong Kong dollars, of which about 70 billion Hong Kong dollars was invested in the Japanese stock market.
It has risen 9 times in eight years, a very high rate of return.
During the same period, U.S. stocks have only gained [-] percent in Japan.
Lin Rongheng pondered for a while, and said seriously: "In 12 months, all of them will be emptied, and nothing will be left. Be careful not to have too much impact!"
Martin nodded without hesitation and said, "No problem, the Japanese stock market is comparable to the U.S. stock market, up to nearly 5 trillion US dollars (40 trillion Hong Kong dollars), and the active domestic stock trading in Japan will not cause any impact."
Peter, the CEO of the family office, said: "Does the boss think that the Japanese stock market still has potential to rise, so the closing time is set within 12 months?"
Lin Rongheng nodded and said, "Anyway, it won't collapse too early. It's not wrong to clear the warehouse in batches."
I remember that the highest market value of the Japanese stock market is 7 trillion US dollars, accounting for 60% of Japan's GDP.
The two nodded, they were convinced of Lin Rongheng's analysis.
Lin Rongheng also said: "Starting at the end of the year, the real estate we invest in Japan will also be cleared within one year."
Martin nodded and said, "There is no problem. Japan's real estate industry is too big, more than three times that of the United States; a family unit in Tokyo needs 3000 to 2100 million U.S. dollars. We audited our real estate industry a few days ago. The total value of real estate invested in Japan has reached 2300 billion Hong Kong dollars. If this situation continues, we will almost withdraw 2500 billion to [-] billion Hong Kong dollars from Japanese real estate developers.”
The three of them are a little surprised. The 300 billion invested in Japan at the beginning has appreciated to 3000 billion Hong Kong dollars in ten years. This is a great investment.
Lin Rongheng said with a smile: "After the assets in Japan are cleared, the salary of the staff and management of the whole family office will be increased by 30%, and the scale will also increase by 20%. After all, there are so many assets that need to be reinvested."
Peter and Martin have a smile on their faces. Both of them are high-level executives with an annual salary of 30 million Hong Kong dollars, which has risen by 30%, but it is a large amount of income; in the family office, the salary of the two is the highest level, and the heads of the other five departments are less than two. [-]% of people.
At present, the operating expenses of family offices have reached as high as HK$1.5 million per year, which is simply unaffordable for ordinary wealthy people.
Martin asked again: "How is the fund storage arranged?"
"The Americas and Europe are each 40%, and Asia is 20%," said Lim Rongheng.
A large part of the follow-up investment projects depended on the family office, and another part was directed by Lin Rongheng.
Lin Rongheng's investment theory is very simple, to buy the stocks of some influential companies in later generations and enjoy long-term dividends, such as Unilever, Shell, BHP Billiton, BP, Zeneca (AstraZeneca), and GlaxoSmithKline in the United Kingdom. , Switzerland's Glencore, Nestle, Roche, Novartis, etc.
(End of this chapter)
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