Reborn in Hong Kong as a Tycoon

Chapter 96 Summary
1978 came.

Lin Baicheng secretly calculated that it has been nearly a year since he was reborn. With his hard work, he now has a net worth of more than one billion Hong Kong dollars.The net worth of more than one billion Hong Kong dollars naturally does not refer to cash, but refers to the approximate valuation of the company, which mainly depends on the company Galaxy Games.

Now Goldman Sachs alone has valued Galaxy Games at more than HK$10 billion, but if the performance of Galaxy Games in the future is not good enough, the valuation will definitely drop, which is unavoidable.

77 years later, Lin Baicheng called Haruko Mori and Isabella to Xiangjiang to take stock of his current properties and make some conclusions, which is equivalent to holding an annual meeting.It's just that Lin Baicheng's current industry is so small, as long as three assistants report to him.

The first to report was Cheng Yufeng.

"Mr. Lin, on Xiangjiang's side, your current businesses include Galaxy Game Company, Yum Securities, Asia Television, Jupiter Toys, and 25% of Star Daily's shares."

"Among them, Xinghe Game Company is currently the most valuable industry under your name, Mr. Lin, and it is also the most profitable industry. In 1977, it brought you a profit of about 6.2 million Hong Kong dollars."

"Yum! Securities bought a large number of Wharf stocks under your guidance, Mr. Lin. After buying low and selling high, it was equivalent to buying 2500 million shares with 850 million Hong Kong dollars in cash, accounting for about 9.45% of the company's total share capital. In addition In addition, at your request, I also bought Hutchison Whampoa shares with a market value of 1 million Hong Kong dollars, holding 1400 million shares, accounting for about 3.5% of the company's total share capital. Finally, you requested 5000 million Hong Kong dollars a while ago Buy the shares of Cangjiang Industrial Company, the total market value of Cangjiang Industrial is nearly 7 million Hong Kong dollars, because of the need to conceal the relationship, the number of purchases is not much at present, and it is expected to buy 7%-8% of the total share capital in the end."

"Asian TV, after Mr. Lin's capital injection of 5000 million Hong Kong dollars, the market value is around 2 million Hong Kong dollars. Currently, the TV station is doing its best to prepare for the program "Who Can Be a Millionaire"."

"Jupiter Toys is clearing out the inventory at your request, Mr. Lin, and at the same time fully producing the Rubik's Cube. There are already tens of thousands of Rubik's Cubes in stock."

"As for the shares of Xingxing Daily, Mr. Lin, you only own 25% of the shares, so you don't participate in the daily operation of the newspaper. At present, relying on your novels, Mr. Lin, the newspaper is doing quite well, and its market value has steadily increased."

"Because the newly established company can start filing tax returns after 18 months at the latest, Mr. Lin, you can file the corporate income tax for 78 and 77 at the end of 78."

Lin Baicheng nodded after listening. He actually knew about these things.Lin Baicheng asked Li Jiacheng to secretly buy shares in Li Jiacheng's Cangjiang Industrial, in order to steal Li Jiacheng's home, and planned to have a showdown with Li Jiacheng after the shareholding ratio reached a certain level.

The next one to report was Haruko Mori.

"Chairman, in addition to the branch of Galaxy Games, your business in RB is Zhiyin Comics Publishing Company."

"Among them, the game branch is the exclusive agency of Taito Co., Ltd. for two of the company's games, so the main job is to keep in touch with Taito Co., Ltd. and to observe changes in the game market."

"As for Zhiyin Comics Publishing Company, Chairman, the [-] million Hong Kong dollars invested by you is not only used to buy the company, but the remaining funds are injected into the company to expand the company's scale. Because the company has just been acquired, the company's performance has not yet Change, as always.”

RB is actually a comic publishing company, and the game branch is not a normal company at all, and there are not many things to do.And the manga publishing company has just been acquired, and there is basically no change, so Haruko Mori has nothing to report.

Lin Baicheng was not surprised, and asked Isabella to report on the industry in the United States.

"Boss, besides the gaming branch, your American business is also a shareholder of Apple and Microsoft, your newly established New Century Software Company, and the most important investment in gold futures."

"On the game branch, Manager Eric has bought five stores in Los Angeles and New York respectively. A total of ten stores have spent nearly 300 million US dollars. Now these stores are being renovated. However, the account on the game branch The remaining funds are running out, if you want to continue to buy stores and build channels, you need to inject more funds into the branch."

"Apple and Microsoft are two companies. Among them, Apple is not bad. The company has obtained more funds after you invested in the shares. These funds are used to produce personal computers. Personal computers are selling well, with considerable profits, and now they are developing well. As for Microsoft, it is worse. Although the company also received some funds after you invested in the shares, which were used by Bill Gates and Paul Allen to recruit engineers and continue to develop PC software, the company did not make much progress. Much worse than Apple."

"As for the New Century Software Company, it has just been established. Currently, the company only has a few software developers and is still recruiting."

"In the end, you finance five times leverage from Goldman Sachs with US$163 million, and go long gold futures with US$185 million. Your buying cost is US$13.5. Now the price of gold is US$192.6, an increase of about 185%. A while ago The gold price peaked at US$[-], but then fell back and is now oscillating in the range of US$[-]."

"You bought gold futures with five times leverage, so your profit is about 6700 million U.S. dollars, which is about 67% of the profit based on the principal of [-] million U.S. dollars."

"Not bad."

Lin Baicheng is still very satisfied with the increase of gold. In fact, he will ask the real-time price of gold every three days.He knew when gold broke through $190 a while ago, but he only knew that gold would break through $80 in 800. He didn’t know whether it could break through $200 now, so he didn’t choose to sell. Although there are some losses after falling back, there is no way to do it.

Lin Baicheng doesn't have the ability to do short-term trading. If he only wants to do short-term trading to sell gold futures and make more money, but encounters a sudden surge in the price of gold, then he will be short-sighted and the loss will be too great.

In addition to long gold futures, of course Lin Baicheng is most concerned about the two companies Apple and Microsoft.Apple is developing well, so of course Lin Baicheng doesn't need to worry about it; although Microsoft hasn't made much progress, Lin Baicheng knows that Microsoft developed because of the computer operating system, and he doesn't know anything else, not to mention that the company's controlling stake is not in his At hand, even if he wanted to intervene, he couldn't do it.

Therefore, Lin Baicheng decided to wait and see for the time being, as long as Bill Gates and Paul Allen were not allowed to hack his money.

Regarding the establishment of the game branch channel, Lin Baicheng decided to transfer 500 million US dollars to Eric to continue to buy the store.This is not only the sales channel for game consoles in the future, but also the sales channel for Rubik's Cube toys in the future, and the pace of expansion cannot be stopped.

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(End of this chapter)