Hong Kong's new giants

Chapter 211 [Shipping]

Monday, May 8.

At the beginning of a new week, Lin Zuhui was always full of enthusiasm, and came to the office of New Times Real Estate early.

Now, every working day, Lin Zuhui will receive about [-] million in cash flow, which is obtained by closing positions in blue chip stocks.

No wonder you're unhappy!
After reading the newspaper for a while, Gao Yi, the general manager of China Real Estate, and Liang Zhenxun, the executive director of New Era, came to Lin Zuhui's office hand in hand.

It was Lin Zuhui who summoned the two of them!

"Together, you will contact several banks whose debts have recently expired, and reduce the debt held by Chinese Real Estate to 15 billion."

At this time, more than 12 billion is quietly lying on the account of Huaren Real Estate, and it is time to clean up the debt.At present, the total debt of Chinese Land is 25.5 billion, and the reduction to 15 billion will cost 10.5 billion.

In this way, there is still 2 million cash flow in the account of Chinese Land, plus the 5.6 million funds that can be withdrawn from the futures contract (net profit 3.6 million), there are still 7.6 million funds to drive after the stock market crash.

The important thing is that it is very easy to borrow new debts when the time comes.Bankers would think: Lin Zuhui's keen investment sense allowed Chinese Land to raise funds to reduce debt holdings when the stock market was at a high point, and he is a very good leader.

"it is good!"

Gao Yi then asked: "Hua Ren has the funds to rebuild the entertainment industry, boss, can we think about it?"

He has long seen the value of rebuilding the entertainment industry, but the strength of China Real Estate has not been able to keep up. Now he thinks it is time to consider adding another building.By then, Huaren Property will own six commercial buildings, which is too strong.

Lin Zuhui said with a smile: "What do you think of the current stock market situation?"

The faces of the two of them froze, the boss would not say this for no reason!
Liang Zhenxun is a professional securities talent, plus he usually notices something when he is around the boss;
So he recently began to study the trend of peripheral securities, the phenomenon of economic overheating, and the excessive speculation in the stock market.

Liang Zhenxun immediately launched his analysis and offer, and said: "I know the boss has also noticed this situation, so I think we should cash out some more shares in subsidiaries and Sun companies."

Lin Zuhui nodded in satisfaction. Actually, he didn't require these subordinates to understand the general situation, after all, he had his golden finger; but it was a very good phenomenon that his subordinates could take the initiative to analyze the situation.

He said: "Since a smart and prudent person knows that the storm is about to come, the best time to sell is at this time, so as not to be too late. Don't forget that there is also the dragging effect of the Hang Seng Index futures on the market. It can be big or small."

The two nodded quickly. As early as 1986, the New Era Real Estate Department had formulated a plan to reduce its debt holdings this year, and now it just happened to stabilize all listed companies in the department.

Next, Lin Zuhui made a layout for the two:
Since mid-September, Cathay Pacific City has reduced its 19% stake in Furama Hotel (current market value of 18 billion), retaining only 51%.

Since late September, New Era Real Estate has reduced its 20% stake in Cathay City (market value: 60 billion) and Chinese Land (market value: 14 billion), leaving only 35%.

This time, Liang Zhenxun and Gao Yi were a little shocked!
If the boss does this, it means that the stock market may crash, not a correction.

Is the 'July [-]rd Crash' going to happen again?
In fact, New Era Real Estate is not the only one that can have this prediction. Lin Gaoyan of the former Henderson Land Development predicted in September that "the stock market crash may be coming". After hearing about it, Lee Shau Kee began to ship without hesitation.

Cashing out of major shareholders will definitely affect the stock price, but the stock market is going crazy, and the impact will not be particularly large; what's more, it is reasonable enough to use the money from the reduction of holdings to repay some debts because of the existing reasons.

The important thing is that since the end of September, Lin Zuhui's personal blue chips have almost been cashed out, so it doesn't affect his personal investment!
On Wednesday, New Era Real Estate successfully raised 10 billion Hong Kong dollars through the rights issue. For a time, Lin Zuhui was as prestigious as the four major families. The most amazing thing is that Lin Zuhui, as the major shareholder, has issued nearly 10 billion Hong Kong dollars in rights shares to his subsidiaries in the past few months.

There are even rumors that Lin Zuhui restricted all banks from leaving the country and was not allowed to leave Xiangjiang.

Of course, anyone who knows a little bit knows that Lin Zuhui left all his wealth in Xiangjiang, even if he ran out, it would be useless; and the value of the shares held by Lin Zuhui is nearly 70 billion, making him one of the top ten richest people in Xiangjiang.

In the chairman's office of New Era Real Estate, Lin Zuhui is working. He is calculating the asset value and net asset value of New Era Real Estate. prison.

The value of its reserved land is 40 billion (including land and old buildings, including the appreciation part), the value of real estate under construction is 8 million, and the rental property is 8 million;

That is to say: the total value of the property is 56 billion.

The company's cash flow is 15 billion, the value of the futures contract is 5 million, and the value of the shares held by the subsidiary is 42 billion;
That is to say: the total value of non-property is 62 billion.

The asset value is 118 billion, the debt is only 25 billion, and the net assets are 93 billion.

In terms of net assets, it is only a quarter of Hong Kong Land, only 30% of Sun Hung Kai and Cheung Kong, and 40% of Henderson and New World.

The market value is amazing. The market value of New Era Real Estate has always been higher than the net assets. This is a treatment that other real estate companies do not have. It is a full 112 billion, accounting for a little more than 50% of Henderson and New World.

Soon, Lin Zuhui decided not to reduce the debt of New Era Real Estate.

The reason is simple. The August 10th stock market crash had little impact on real estate, only a 15% to [-]% decline; banks will not be nervous about the debt of New Era Real Estate, and the debt ratio is only [-]% after the decline.

On the contrary, after the 15 stock market disaster, New Era Real Estate had to make full use of the 15 billion yuan of working capital, and then borrowed a large amount of 20 billion to [-] billion yuan in debt to quickly invest in real estate development.

As for the debt of New Era Real Estate, it is natural to repay it through the development of real estate to make profits.

Thinking of this, Lin Zuhui recruited Chen Bin, the general manager, and said: "We will add [-]% to the start of construction of our investment sites!"

The real estate started now will be sold off-plan in the second half of 1988!
Chen Bin did not doubt that he was there, and immediately said: "Okay, I will sort out the information immediately and send it to you for review!"

Lin Zuhui nodded, and said: "Take some time to inspect Baohua Construction and see if we acquire him, whether it will be a great addition to the company, or if you have suggestions for better construction companies, you can provide them to me."

Chen Bin froze, he knew that the boss was about to get ruthless, and the acquisition of Baohua Construction was a hostile takeover.

But he also knows that his boss is not a good stubble in the first place!
"Okay, I will carefully sort out the information!"

The reason why Lin Zuhui asked Chen Bin to inspect Baohua Construction was because he had a professional background in the construction industry and had been working hard on the site, so he knew very well about construction companies in Hong Kong.

After Chen Bin left, Lin Zuhui showed a helpless smile. He developed too late, and the only way to catch up with those established real estate companies is through acquisitions and integration.

The preparation for the acquisition of Baohua Construction this time is indeed a hostile takeover, but he has no choice!

He has always wanted New Era Real Estate to develop from within, that is, to expand the downstream real estate business.Since the establishment of this goal, the company has successively established Zeshi Building (design institute), construction company, property management company, concrete company, mechanical engineering, decoration company, etc.

But in fact, it was all small troubles, and the progress was not very smooth, mainly due to lack of energy.

Therefore, acquisition is the best solution.

Baohua Construction is an established construction group company, not only can undertake construction projects, but also undertake harbor projects, municipal projects, air-conditioning projects, electrical projects, etc.

Because it is a group company, it has a wide range of businesses and rich experience.

The important thing is that if Lin Zuhui doesn't do anything, Liu Luanxiong has to do it too, why bother to be hypocritical!

Long Jingchang of Wanhui Media was reporting to Lin Zuhui's office. All aspects of development were good, especially "Daily Daily" stabilized "Oriental Daily", which made Lin Zuhui very happy.

After reporting the work, Long Jingchang said again: "Boss, Yulang Group went to Malaysia and won the "Sin Chew Daily" at a price of 7000 million!"

Lin Zuhui said with a faint smile: "So, Yulang Group has surpassed us and already has a daily newspaper overseas!" There was sarcasm in his tone.

Long Jingchang also mocked: "This Huang Yulang learns everything from you, the boss, but he has never digested the acquired company at all. When he saw that the boss ran the "Economic Daily", he imitated the "Financial Daily" and hired the former editor-in-chief of "Wen Wei Po" As the president, Huang Lieyang, the former editor-in-chief of "Financial Daily", was the editor-in-chief. As a result, the two parties went to court before the cooperation for more than 2 months. Huang Yulang paid 12 to others and let his wife be the editor-in-chief. I think Ah, he's just a punk, and no one else can get along with him."

It can be said that Huang Yulang in this life is really developing according to Lin Zuhui's template. Daily newspapers, weekly gossip magazines, mansions, printing houses, youth magazines, and financial daily, Huang Yulang has not left behind.

Lin Zuhui said mysteriously: "I wanted to buy "Sin Chew Daily" a long time ago, do you know why I didn't take action?"

Long Jingchang immediately said: "Malaysia's political situation is in turmoil, the MCA is in financial crisis, may the Malaysian government take action against "Sin Chew Daily?"

Lin Zuhui nodded and said, "Not bad! If you don't believe me, "Sin Chew Daily" will be shut down soon! It can be said that none of Huang Yulang's acquisition projects is successful."

The acquisition of "Sing Pao" also left a tail, allowing the original major shareholders to participate in politics; the acquisition of Gossip Weekly and Youth Magazine did not intend to rectify it, and the acquisition of "Sin Chew Daily" was about to be shut down (later after the editor-in-chief waited) Team fight, restart again)
The most important thing is that Huang Yulang has been speculating heavily in stocks and futures contracts recently. If he follows the path of his previous life, he will lose more than 3 million yuan.

Lin Zuhui has also studied Yulang Group recently. Its market capitalization is just over 10 billion. Recently, the stock market rights issue has raised more funds than Wanhui Media, estimated to be nearly [-] million.Where did this part of the money go? Lin Zuhui guessed that it was used to invest in securities and futures contracts.

You know, it seems that Huang Yulang was reported in his previous life that before the stock market crash, he used a huge sum of 4.7 million yuan to speculate in stocks, accounting for more than [-]% of the total market value.

Even thinking about it makes me feel terrible, this Huang Yulang is really bold!
All big investors are either veteran stock speculators or have hired a think tank as their financial advisor. Huang Yulang committed the big taboo of 'if you are not familiar with it, don't do it'.

Even Lin Zuhui knew the general trend of the stock market, and specially hired Liang Botao as a financial advisor.

After Long Jingchang left, Zhao Han, the director of the company, came to the office again.

He reported on the company's rights issue fundraising situation, and all 3 million rights issue funds have arrived.

Lin Zuhui nodded. After the 3 million rights issue funds, Lin Zuhui's warrants were all used up.At this time, Wanhui Media's market value has reached more than 16 billion, which is [-]% higher than that of Yulang Group.

"Currently, the liquidity in the company's account is 3.5 million. Boss, how should I distribute this huge sum of money!"

"Stand still and wait for my notice!"

"Ok!"

Wanhui Media's debt is only 2000 million yuan, and its working capital is as high as 3.5 million yuan. After the stock market crash, it can do a lot of things, of course it is to attack Yulang Group and property speculation.

Yulang Group.

Huang Yulang was very excited in the office. The stock of Yulang Group rose to 4.2 yuan per share, and the market value was close to 11 billion; he personally held 60% of the shares, and with some money in hand these years, his net worth was already [-] to [-] million. A billion!
He counted, and it was just around the corner to become a billionaire!At that time, he will be on an equal footing with Lin Zuhui.

He still remembers how embarrassed he was by Lin Zuhui last time, and he almost didn't have a heart attack.

It turned out that Wanhui Media mobilized a large number of contacts, financial resources, and public opinion to forcefully suppress the association behind Huang Yulang. The Hong Kong government dispatched hundreds of police officers to seal up the headquarters of the association and arrested more than a dozen key members of the association.

In the face of barristers, high-level police officers, and public opinion, the mighty association collapsed like garbage.

Some media pointed out that this society has also encountered this year's general environment. This year, the leader of Xinyi'an, Xiang Huayan, and several other leaders of the society were all sent to prison.

Luckily, this society is still loyal and did not point out Huang Yulang, otherwise even if there is no evidence, Huang Yulang is still a shit.

"I heard that Lin Zuhui is also speculating in securities. I don't know how much he invested. Is it as much as I invested?"

Huang Yulang not only thought of it proudly!

The only thing that makes Huang Yulang unhappy is that "Feng Yun" written by Ma Rongcheng has become the top three best-selling comic publications in Hong Kong, and it will soon surpass "Dragon Tiger Gate" and "Chinese Heroes" in terms of trends.

(End of this chapter)