Rebirth: The Era of Hong Kong Tycoon

Chapter 55 [Billionaire]

At three o'clock in the afternoon, Lin Rongheng came to the modern newspaper.

The vice president Luo Zhaoyou and the editor-in-chief Zhang Jiancheng came to Lin Rongheng's office together. It seems that there are important things to report. Since August, Lin Rongheng has reduced his energy to participate in the affairs of the modern newspaper and delegated power to the two as much as possible.

The reason is simple:
First of all, "Modern Daily" is on the right track, with sales of about 3.5 copies and steady growth.

Secondly, Lin Rongheng should also focus his energy on Evergrande Real Estate. After all, Evergrande Real Estate is Lin Rongheng's main business.

Sitting on the sofa, Zhang Jiancheng was the first to speak: "Boss, Vice President Luo and I agree that we should publish the "Modern Evening News" immediately; with the expansion of our news gathering and editorial departments, our news materials have begun to be overwhelmed. , "Modern Evening News" should also be on the agenda!"

Lin Rongheng took over the modern newspaper office in early May. In four months, he invested almost 5 million Hong Kong dollars. Among them, Lin Rongheng took out 200 Hong Kong dollars and borrowed 30 million Hong Kong dollars from Liao Chongxing Bank. The company's profit was almost 120 Hong Kong dollars. Almost all cast in.

In terms of capital investment, "Modern Daily" is probably only 15 to [-]% less than "Oriental Daily", but Modern Daily promised a [-]% equity incentive; in this comparison, "Modern Daily" invested more!

The effect is also very obvious. At present, the modern newspaper has more than 90 news reporters and more than 40 news editors. The entire newspaper has more than 200 employees, and the monthly salary needs to be nearly 20 Hong Kong dollars.

Really need to open up a new way of making money!

Lin Rongheng nodded and said, "Yes, Modern Evening News will be published as soon as possible. Not only that, Modern Daily should consider increasing the number to 16 (four sheets), while "Modern Evening News" only needs 8 (two sheets) That's enough. As for the content, "Modern Evening News" needs to make some adjustments, and the entertainment section should be increased to half of the content; some film reviews, film commentaries, novel serialization, and story meetings can be added. a bit."

Lin Rongheng put forward his own opinions, and the two recorded them with pens. Lin Rongheng always only focused on the general policy, but asked for specific details and only looked at the results.

Luo Zhaoyou said confidently: "Boss, we understand, "Modern Evening News" is expected to be published in a week. At that time, we will show you the first version of the sample!"

Lin Rongheng nodded and ended the conversation.

9 month 3 day.

Evergrande Real Estate was officially listed. Lin Rongheng brought a group of executives to the Far East Stock Exchange, along with Charlie, General Manager of HSBC Securities, Zhang Jianhua, Manager of HSBC Securities, Smith, General Manager of Finance of Dolly, and Liao Liwen of Liao Group. , Xu Shixun of China Construction.
Lin Rongheng held a reception in a VIP room. This VIP room was equipped with transparent glass, and the stock exchange situation in the hall downstairs was clear at a glance.

Smith came to Lin Rongheng with a wine glass in his hand, and said, "Mr. Lin, what price do you think Evergrande Real Estate will close at today?"

Lin Rongheng jokingly said: "I remember the first time we met, Mr. Smith felt that the market value of Evergrande Company could not be hundreds of millions of Hong Kong dollars!"

Hearing this, Smith said jokingly: "Because Mr. Lin is a person who can create a miracle, today the market value of Evergrande Real Estate can not only exceed [-] million Hong Kong dollars, but I am afraid that the market value of [-] million Hong Kong dollars is also very promising."

Lin Rongheng looked downstairs, the stockbrokers began to file into the trading floor, and then looked at the Patek Philippe watch in his hand, the market is about to open!

Lin Rongheng said confidently: "Today will definitely break through 5 Hong Kong dollars!"

Not long after he finished speaking, Lin Rongheng's shoulder was slapped 'severely', and he didn't even need to look at the person behind him to know that it was Xu Shixun.

"Brother! I didn't expect you to be on an equal footing with me so soon, and I thought I would still be able to use you for a year or two!" Xu Shixun said cheerfully.

Lin Rongheng turned around and said with a smile, "Xu Sheng, when will we work together?"

Xu Shixun spread his hands and said proudly: "I have no problem, you are so powerful now, you can cooperate any way you want!"

Speaking of which, Evergrande Real Estate has very little development experience. At present, it can only develop some small real estates in 'rural areas'. It is still a layman for medium and large-scale construction sites, so it is necessary to invite people to cooperate!
Even at this time, the 'Five Tigers of Chinese Real Estate', their joint venture sites have a very large proportion, accounting for at least more than [-]%.

Lin Rongheng directly proposed a cooperation plan: "Xu Sheng, there are eight old buildings on Hennessy Road. Are you interested in this project? If so, how about a joint development between Evergrande Real Estate and China Construction Group?"

Xu Shixun agreed at once: "Everyone will sit down and talk later!"

At this time, Liao Liewen came over and said with a smile, "I'm also very interested in this project. Does it matter if you add me?"

Liao Group not only has Liao Chongxing Bank, but also a real estate investment company. However, this real estate company does not develop real estate projects independently, but only invests in real estate.

Lin Rongheng naturally has no reason not to agree. Evergrande Real Estate can only be said to be a real estate novice at present. The best strategy is to diversify investment - that is, to develop more real estate projects and use joint ventures.

Lin Rongheng said, "Of course there is no problem!"

Xu Shixun and Liao Liewen are good friends, so naturally they say that there is no problem, not to mention that this project is led by Evergrande Real Estate, and naturally Lin Rongheng is the owner.

While everyone was chatting happily, He Rui, the head of the securities department of Evergrande Real Estate, said excitedly, "It's 3.6 Hong Kong dollars!"

Lin Rongheng hurriedly looked through the glass and looked down.

I saw on the blackboard that the price below Evergrande Real Estate was written repeatedly.

And it can be seen that the stock of Evergrande Real Estate is one of the most actively traded stocks of all stocks. It seems that Lin Rongheng's appeal is very strong.

At this time, many Hong Kong investors believed that Lin Rongheng was an agent of overseas consortiums and overseas governments, so they bet on the stock of Evergrande. For a Hong Kong antenna without assets and products, the stock price literally went from HK$2 to HK$30, an increase of 15 times in just six weeks.

Of course, this stock didn't even survive the stock market crash, and it disappeared, leaving a lot of chicken feathers and making international jokes.

When the stock of Evergrande Real Estate closed in the morning, the price was as high as 4.2 Hong Kong dollars per share, which means that the market value of Evergrande Real Estate was 1.68 million Hong Kong dollars, and Lin Rongheng became a billionaire in one fell swoop.

At noon, Lin Rongheng was the host and invited a group of people to the Hilton Hotel and entertained everyone.

During the banquet, Xu Shixun was very shocked by what he saw and heard today, and was very envious of this method of wealth growth; but Lin Rongheng suggested that China Construction could also choose to go public. When using the stock market to pump water, Xu Shixun refused again.

Xu Shixun has some taste: "I don't have your appeal, and I don't have the support of a US-funded consortium behind me. The shareholders will not buy it!"

In fact, Xu Shixun is even more afraid that China Construction will be exposed to the public, and its future operations will also be supervised by the public. This is the reason why he is not willing to list the company.

It is also for this reason that China Construction did not choose to go public in 1972. The Xu family was naturally only a medium-sized family in the end, and the family wealth was only tens of billions of Hong Kong dollars.

During the banquet, Lin Rongheng said to Liao Liewen again: "Liao Sheng, are you free tomorrow morning? I want to talk about something!"

Liao Liewen said immediately: "Of course I am free, no matter how big the matter is, I have to push it down and leave you time!"

At this time, the market value of Evergrande Real Estate has approached [-] million Hong Kong dollars, and it has become a veritable 'large-cap stock' in Heungkong. Some old British companies do not have this market value yet!

Then Lin Rongheng, who is Evergrande Real Estate, will be the guest of honor for bankers in Heungkong, because banks are willing to lend money to such 'good performance' companies.

(End of this chapter)