Hong Kong's new giants

Chapter 212 Chapter 244~245 [Fortune Harvesting]

The time has entered mid-September.

In the meeting room of LEIT Group, Lin Zuhui is listening to reports from various departments.

Currently, the LEIT Group is making big moves in three departments: crocodile shirts, LEIT clothing manufacturing, and casual wear.

Since the acquisition by Lin Zuhui, the reorganization of the original crocodile shirt assets has been completed. At present, the LEIT Group has a total of five departments, and the remaining two departments are: IT fashion retail and Luk Fook Jewellery.

Yang Chengjun, director (group finance) who just joined the LEIT Group, made a financial report to everyone: "In addition to the [-] million already invested in the [-] billion Crocodile Shirt plan, the [-] million raised from the second rights issue has also been recorded in the company's account. .Currently, the first fund has been used up, and it is mainly used in…”

Everyone has high morale, and the financial support given by the group has never stopped.

Lin Zuhui added: "I will contact various banks recently to obtain a huge loan of 7 million yuan for crocodile shirts. In addition to developing crocodile shirts, expanding factories and developing casual fashion are also the main strategies of the group. As for Luk Fook Jewelery and IT Fashion retail, maintaining the original speed of development, is also very eye-catching.”

He planned to settle the 7 million loan before the stock market crash, which would save a lot of trouble.After the stock market crash, banks will also become stingy in borrowing money.

The high-level executives were shocked. It would take at least a year for others to raise funds for such a one-billion plan. My boss managed to secure the funds in a few months, which shows that he works vigorously and resolutely.

After the meeting ended, Roger, who was in charge of the casual fashion department, came to Lin Zuhui's office.

With the establishment of the group's organizational structure, Lin Zuhui will gradually get rid of the fact that these brand leaders report directly to him, and have the group's unified management and scheduling.

In the previous life of the LVMH Group, its boss was not only good at acquisitions, but also immediately invited a large number of internationally renowned designers to join the acquired brand after the acquisition.Although the acquired luxury brand has a good reputation, its operation has reached a bottleneck, so after adding a fresh designer, it immediately shines again.

In the future, the LEIT Group will also do the same. The group has huge resources and manpower, and can change the operating difficulties for its subsidiaries at any time.

Luo Jiehui reported: "Boss, I have already investigated the situation of Jeanswest! This clothing chain has more than 30 retail stores in Australia and was established in 1972. Jeanswest has business relations with Hong Kong's Rising Sun Garment Factory. Rising Sun is the manufacturer , sold to customers through local importers, Australia Jeanswest is one of the customers”

Lin Zuhui heard the words and said: "Go and try to get in touch with any Australian importer and tell them that we can also manufacture Jeanswest clothing. Of course, this is not the point. The point is that we can cooperate with this importer in the future. Let’s cooperate to acquire Jeanswest in Australia together.”

Roger nodded and said, "Okay, I will establish a relationship with this importer as soon as possible!"

The reason why it cooperates with the importer to acquire Jeanswest is because the LEIT Group is not familiar with the local business in Australia and needs a local leader; moreover, the global layout of general clothing brands is developed by region.

For example, although JeansWest was acquired with an importer, LEIT Group can buy the global brand rights of JeansWest and then develop independently; if it enters Europe, it can also cooperate with European indigenous people to operate JeansWest together.

When the time is right, the partner's equity can also be repurchased, because at that time the local sales network has already developed, and it is possible to 'kick away' the local snake.

Lin Zuhui also warned: "Casual fashion is a battleground in the mainland. Bossini and Giordano in Hong Kong are our competitors. You have to know yourself and the enemy before you can win every battle. Especially that Giordano, you Have a targeted strategy. Give me a plan later."

At this time, Giordano has grown up and Fat Li Lao has also become a well-known clothing figure in Xiangjiang; otherwise, Lin Zuhui really wanted to suppress Giordano.

Moreover, Fei Lilao actually sold Giordano's equity to fund companies and investors at a sky-high price of 1990 billion in 16.At that time, Giordano had already been blocked by the mainland, and the new investor took over the deal and quickly lifted the block.

It can be said that Giordano will be the competitor of Jeanswest in the future!
Roger said: "Okay, I must study the opponent and the market well!"

Lin Zuhui nodded, because the factory was still in preparation, so he was not in a hurry to acquire JeansWest. The expanded factories of LEIT Group are all leased. Anyway, Lin Zuhui knows that in one or two years, the industrial plants will plummet, and the rent will also plummet.

Another saving for the company, Lin Zuhui thought triumphantly.

Wednesday, April 9.

Hengjin Securities.

Lin Zuhui began to assign the task of shorting the Dow Jones Index, the Nikkei Index, the Singapore Index, the London Index, and the Hang Seng Index. This time, he used about 15 billion of the funds returned from the blue chip stocks for this investment.

Due to the dispersion of funds, the Dow Jones Index with the heaviest investment has only 4 million Hong Kong dollars (more than 5000 million U.S. dollars).

最让林祖辉振奋的是，道琼斯指数有多种合约价值，即点数乘以5美元、10美元、25美元，也就是相当于杠杆是5倍、10倍、25倍。

Not only that, the London index also has 10 times, and only the Asian financial market has a maximum of 5 times.

Lin Zuhui interviewed several investment managers separately. First, George, who was in charge of investing in the Americas, came to Lin Zuhui's office.

"George, I'm going to short the Dow for $5500 million and choose a $10 contract."

George was taken aback. The reason why the boss arranged it for so long was for this investment.During this period, in order to ensure the safety and confidentiality of funds, the team of the Hong Kong company sent people to the United States several times for auditing, legal affairs, and communication, and it was only through the actual operation of 1000 million Hong Kong dollars that it was correct.

"Boss, the recent operating range of the Dow Jones is 2500 to 2630 (without recovery), at what point should we start shorting?"

Because the investment was suggested by the boss and the leverage was too great, George had to ask more questions.

Lin Zuhui asked: "If the $10 contract rises by what percentage, do we have to call for margin?"

It stands to reason that if you rise by 10%, your position will be liquidated, but the exchange will not wait until that time!
George said: "Up about 8%!"

Lin Zuhui nodded, he already knew what was in his mind, and said, "Purchase above 2550 points will be divided into small batches, and it will be completed in about seven trading days."

There is no need to worry about liquidation. Although the purchase started at 2550 points, many contracts must have been purchased around 2600 points.

George is relieved, the boss is confident, he doesn't need to pay for this venture capital investment!

"Is the funding available this week?"

"Arrange immediately, you should be able to operate next week! Remember, keep it secret!"

"Ok!"

Although it is impossible to keep 100% confidential, at least Lin Zuhui will not be exposed; what's more, it is only more than 5000 million US dollars, and it is purchased in batches, so the impact will not be great.

In fact, if there are buyers, there must be short sellers. As long as the short sellers are not malicious, they will not be taken seriously.

Next, Lin Zuhui arranged for the people in charge of London, Tokyo, and Star City one by one, and also began to invest in short selling.

Xiangjiang is a free economic port, and it is extremely convenient for funds to go overseas, and the funds can be transferred to accounts in various overseas cities soon.

After all the arrangements were made, Lin Zuhui had already started to calculate the income. After a little calculation, he still earned more than 20 billion, which is terrifying.

Last day of June.

On the morning of Wednesday, Lin Zuhui woke up from his sleep, pulled out his arm that was slightly numb from being pressed by a woman all night, and started to get up.

Every day recently, he is full of fighting spirit like never before!
Touching Guan Jiahui's eight-month pregnant belly, Lin Zuhui sighed inwardly.

"It's really a harvest season!"

The Lin family not only gained 'people', but also a lot of wealth.

Guan Jiahui opened her eyes, beeped at the corner of her mouth, blew a kiss, and quickly fell asleep again.

Lin Zuhui looked at Guan Jiahui, who was slightly fat and had a motherly brilliance, not only smiled.This woman had no chance to be a mother in her previous life, so in this life, let her do as much as she can, at least let her have three children.

Anyway, the Lin family can afford it!

Dressed up and came to the living room, the newspaper bought by the bodyguard was already placed on the tea table, and the nanny at home was preparing breakfast.

Lin Zuhui picked up the newspaper and read it!
'The Hang Seng Index closed at 3920 points yesterday, the total market capitalization of the Xiangjiang stock market exceeded 6600 billion, and the single-day transaction amount exceeded 50 billion, both setting historical records.The stock market is hot.'

After reading the news, a smile appeared on the corner of his mouth!
At this time, the blue chip stocks and futures contracts that he personally invested in have already been settled, and the total funds returned are 61 billion;
Among them, blue chip stocks returned 35 billion funds (interest and loans were repaid), and the funds withdrawn from futures contracts were 26 billion.

After reading the newspaper for a while, Lin Zuhui put down the newspaper when Aunt Qin, the nanny, reminded him that it was time for breakfast.

Soon, Guan Jiahui came out in a daze holding her stomach, and she was also called up by Aunt Qin to have breakfast.

This is a mansion in Repulse Bay, and there is only one live-in nanny, Aunt Qin, and two live-in servants; whether they are live-in babysitters or live-in servants, they have been strictly selected by Lin Zuhui's security company, political review, psychological counseling Wait the same can not be less.

As for the security of this mansion, there is no need to worry. The security of the mansion itself is very good. In addition, Lin Zuhui bought the adjacent unit and used it as a place for bodyguards. There are also two bodyguards on duty at the door at any time.

After sitting down, Lin Zuhui said: "I will move to Repulse Bay Villa on weekends, so don't come here!"

Guan Jiahui rubbed her eyes, and said slowly: "We didn't mind what we did so hard at the beginning, but what are you afraid of doing?"

Lin Zuhui stared at her, secretly sighed that this woman is so innocent and cute, I don't know how powerful the God of Harmony is!

"Don't think about it! You moved there as a temporary measure, mainly considering the safety issues before and after childbirth! I am planning to buy a super luxury villa recently, and you will each have a house!"

When the super villa was mentioned, Guan Jiahui's eyes lit up, but soon dimmed again.

"I don't want it now! I'll wait for you to buy it for me later!"

She was worried about Lin Zuhui, the 'debt king', and didn't want her man to add new debts.

Lin Zuhui was taken aback for a moment, and then said quietly: "I have made a lot of money recently, and after paying off the debts, the remaining money is loose. Do you really want it?"

"Ah! I want it! I want it! I want it!"

"Don't get excited, you're disturbing the baby!"

Guan Jiahui quickly comforted the fetus with her hands, but her eyes were fixed on Lin Zuhui, watery.

Lin Zuhui said with a smile: "Don't worry, I said that one person is one person, and no one is partial!"

Guan Jiahui said with some concern: "What if there is a girl in my stomach?"

Lin Zuhui has forgotten what he said before, so he said: "The same treatment, this house is for you to live in! However, it may not be possible to find a suitable super villa soon, and then we will live in an independent villa for each person. Yes."

"Listen to you!"

Although the entire 'housing plan' cost hundreds of millions of dollars, Lin Zuhui could mortgage the house again and get back [-]% of the funds.

In the morning, Lin Zuhui came to the office of New Era Real Estate early, and the first guest he welcomed was his close friend Liang Botao.

Liang Botao smiled and said, "What do you mean by summoning me?"

At this time, Lin Zuhui's blue chip stocks were all liquidated, so Liang Botao couldn't guess Lin Zuhui's intention.

Lin Zuhui said: "It must be a big deal to summon you urgently! I want to reduce some of the shares of listed companies I hold, and I need your assistance!"

The two have worked together for two years, not because Liang Botao blindly helped Lin Zuhui, but because both sides have gained something.Liang Botao and Wanguobaotong Investment Department have received a lot of commissions; moreover, Wanguobaotong Bank has obtained a lot of loan business from Lin Zuhui.

Liang Botao was a little surprised. All along, he believed that Lin Zuhui kept his shares at a very high level; he kept New Era Real Estate at 45%, Wanhui Media at 49%, and LEIT Group as high as 73.5%.

He thinks that Lin Zuhui is a 'sniper', and he is also worried that someone will attack his company one day.

For example, Li Chaoren holds less than 37% of Cheung Kong's shares, and Cheung Kong holds less than 45% of Hutchison Whampoa. The reason is simple. Li Chaoren strengthened the family's investment by cashing out the shares.

"How do you plan to cash out?"

"Cash out 10% of New Era Real Estate, 14% of Wanhui Media, and 22.5% of LEIT Group."

Liang Botao nodded, it was a reasonable cash out.

"No problem, starting today?"

"Yes, start right away, cash out as quickly as possible, the stock market is too hot, I'm worried about a stock market crash!"

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

In fact, Lin Zuhui started cashing out at this time, and may not be able to complete his goal!

There are still 13 trading days, which is 'Black Monday', which is equivalent to 1 point of cashing out of listed companies every day!

The reason why he didn't cash out in advance was because Lin Zuhui was worried about affecting his futures contracts and blue chip investment.

After all, he needs to secure his main source of profit.

After Liang Botao left, Lin Zuhui leaned back on the chair and began to think.

With the 61 billion funds withdrawn, another 15 billion has been spent to short-sell the global futures index;

And now, he has to arrange to repay his huge loan of 29 billion immediately.

The reason for the early repayment is that he hopes to loosen the ties to his listed companies first, and let the bankers understand that Lin Zuhui is a businessman who is very sensitive to the market; in this way, the bankers will trust Lin Zuhui's reputation more in the future.

If necessary later, re-mortgage, or leveraged investment.

In this way, Lin Zuhui only has 16 billion in cash flow.

I hope that by selling short futures and reducing shareholdings, I can get back some funds for myself!

Liang Zhenxun also quickly came to Lin Zuhui's office to report to Lin Zuhui.

Lin Zuhui took the paper and pen and motioned for him to start.

"Boss, the 9 million blue-chip stocks invested by Cathay City at the beginning of the year (3 million margin) have all been liquidated. After deducting commissions and interest, a total net profit of 4.3 million yuan has been obtained, and 7.3 million yuan has been withdrawn."

"Cathay Pacific City has cashed out 20% of the shares in Furama Hotel, and it has also been completed, with a total of 4 million in cash."

"Currently, Cathay City's debt is 18.5 billion (after the rights issue, there is a capital flow of 1.5 million, and 2.5 million is repaid, and 11.3 million is also a rights issue to the big hotel), and the cash flow is [-] billion."

Lin Zuhui raised his head and said, "This year's Furama Hotel's annual profit should increase to 6000 million, right? (There is a revision here. The previous Furama Hotel's profit in 1986 was changed to 5000 million. Check out the historical data.)"

It is said that Luo Xurui's Regal Hotel will increase its profit by 70% this year!
Liang Zhenxun analyzed: "There should be no problem! Since the beginning of this year, Xiangjiang's tourism industry has been booming, and the profitability of Furama Hotel has indeed increased significantly. Of course, it has a certain relationship with the management of our group (correct, Furama Hotel is assisted by InterContinental Group) Management, is to pay a 4% management fee).”

Lin Zuhui nodded. He planned to privatize the Furama Hotel after the stock market disaster, so he also considered the time limit for recovering the cost.

It seems that it will take more than 20 years, but in fact Lin Zuhui knows that ten to 15 years should be enough for the profit of the hotel; the current dilemma of Furama Hotel is that among the five-star hotels, the decoration is a bit old; Decorate it, and wait for the tourism industry in Hong Kong to recover in 1989. It is estimated that it can earn more than 1990 million yuan a year.

Of course, Lin Zuhui still cares most about the land, and after the millennium, rebuilding it will make him rich.

Lin Zuhui instructed: "Repay the 8.5 million loans of the banks and keep the debt at 10 billion. The remaining 2.8 million working capital will be kept for now, I have a use for it!"

"Ok!"

2.8 million is not too much!

After the stock market disaster, the privatization of Furama Hotel, with a premium of 7%, is estimated to need [-] million yuan to be successfully completed.

At that time, Lin Zuhui intends to participate in the privatization of the remaining 49% of the shares in the name of the family.

Next.

Liang Zhenxun said: "The futures contract of Chinese Land has been closed, and the net profit is 3.6 million yuan, and the cash flow is 5.6 million yuan. The company's debt is 15 billion yuan, and the cash flow is 7.7 million yuan."

Lin Zuhui nodded and said, "Very good! We will not reduce our shareholding in China Entertainment. After all, we are still preparing to buy back the Entertainment Bank Building. Reducing the shareholding will result in a loss of dividends. Moreover, the market value of China Entertainment is too low, so there is no need to sell high and low."

I originally planned to reduce my holdings in China Entertainment, but when I saw that the market value of China Entertainment was only 5 million, selling high and buying low would save tens of millions of profits.

In the end, Lin Zuhui said: "New Era Real Estate has now started to reduce its holdings of Huaren Real Estate and Cathay City by 14%. The reason for the announcement is to reduce its holdings of debt!"

Because the combined market value of the two listed companies is more than 80 billion, Lin Zuhui also dragged his own personal funds to cash out.

Liang Zhenxun immediately went down to make arrangements!

Lin Zuhui came to Hengjin Securities and recruited the general manager Li Hao.

"Help me short a sum of USD/JPY, 5 million Hong Kong dollars plus ten times leverage, remember to assign several foreign exchange brokers to do it!"

Li Hao was slightly distracted, his boss has been making a lot of moves recently!

First, it used 15 billion funds to short-sell global futures contracts, and now it has 5 million funds to short-sell USD/JPY foreign exchange.

"Boss, at what price do you want to buy it?"

Since the boss proposed the investment, there is basically no room for their investment managers to speak, which everyone understands.

Lin Zuhui said: "Yesterday's closing price was 146 points. You can help me short sell above 142 points. Remember to buy in batches on multiple trading days!"

He remembered that after the '145 stock market disaster', the US dollar also plummeted all the way, and the US dollar/yen fell from 120 points to around [-] points at the end of the year.Under such circumstances, it is difficult for Wall Street tycoons to push up against the market, because the inflation rate of the U.S. economy is rising, and the depreciation of the dollar is a general trend.

Of course, Lin Zuhui will not take risks now, so he only spent 5 million Hong Kong dollars for fun.

Li Hao said: "Okay, I'll prepare right away! By the way, boss, shouldn't our Hengjin No. 1 position be closed?"

Now that the boss is short-selling futures contracts, the blue chip investment of Hengjin No. 1 is naturally in danger, Li Hao thought so.

Lin Zuhui nodded and said, "Yes, all positions will be closed next week!"

However, with a market value of more than 2 million yuan, Lin Zuhui originally planned to withdraw later.

When Li Hao got the answer, he breathed a sigh of relief.

(End of this chapter)