Hong Kong's new giants

In the conference room of Xiangjiang Industrial, Lin Zuhui witnessed the stock exchange business between New World Development and Xiangjiang Industrial, because he is also a director of Xiangjiang Industrial; and the New Times Group holds 15% of the shares of Xiangjiang Industrial, so he also participated Discussed the previous board.

He is naturally supportive of New World Development's stake in Heung Kong Singyes, although this move will dilute New Era Group's stake in Heung Kong Singyes to 12.6%.

And Zha Jimin and Zha Maosheng's father and son are very optimistic about New Times Group and New World Development, and they are also very welcome; after all, this is a share exchange, not a cash purchase. shares, the stock price is also rising.

Today's New Times Group has surpassed New World Development in market capitalization, and even surpassed New World Development in annual net profit, ranking No.4 among Heung Kong Properties.

New World Development attaches great importance to rent-collecting properties, especially hotel properties (there are four five-star hotels in the New World Center and the Convention and Exhibition Center), which are not well-known in Hong Kong; because of this, in two or three years, even Hang Lung Properties' profits Can't even win.

After the contract was signed, everyone chatted happily.

Zheng Jiachun said modestly: "Zu Hui has a high vision. He has already guessed that the new airport plan will come out in the next two years, so he joined Xiangjiang Industrial in advance. We joined Hong Kong Industrial at this time, obviously a big step behind!"

At this time, the plan for the new airport has already been circulated among the public, so Zheng Yutong said this.

Cha Maosheng said with a smile: "Don't fall behind, this is a share exchange. Everyone's company is making progress and has unlimited potential. We will never fall behind when we cooperate!"

Cha Jia is naturally very happy to be able to hold shares in New Era Group and New World Development at the same time, and to join the board of directors.No matter how promising Discovery Bay is, it is only a project of a large housing estate, and these two companies are giant real estate companies with comprehensive development.

Moreover, the friendship between the Cha family and the Lin and Zheng families is also conducive to their achievements in real estate!

There was a smile on Zheng Jiachun's face, maybe he felt a little embarrassed in his heart that he was behind in joining Hong Kong Industrial, and there was already a new airport plan in the market.

The three 'young people' were very topical. At this time, Cha Jimin also handed over the Hong Kong Industrial Company to his son to manage; of course, both Zheng Yutong and Cha Jimin were watching his son from behind.

During the chat, Zheng Jiachun said: "We are planning to rebuild and develop the property on May Road in the Mid-Levels!"

A local map immediately appeared in Lin Zuhui's mind, and he asked curiously, "Do you have property there?"

Zheng Jiachun didn't hide anything, and said: "We are ready to buy the shares of Ji Li Industrial. The negotiation is almost done. It will cost about 7.5 million yuan! But I have calculated that if the old property of Ji Li Industrial in Meidao, Mid-levels is demolished, It is possible to rebuild a mansion of 52 square feet, which is likely to catch up with the number one and two of Diligende Pavilion." After finishing speaking, he inadvertently revealed a hint of pride!
Good guy, feelings are competing and competing with Lin Zuhui!

Cha Maosheng on the side has focused on real estate developers in recent years, and immediately exclaimed: "The cost is so expensive?"

Zheng Jiachun saw that the directors had spoken, and explained: "We have calculated that the floor price per square foot is 1438 Hong Kong dollars, plus interest and construction costs, the cost is estimated to be 2300 Hong Kong dollars per square foot. Although there is only a small profit ( The location is far less good than Ligende Court), but the property in this place will be launched in 1992, and the profit will be very good at that time. Zuhui, don’t you think so?”

It is Zheng Jiachun's idea not to let Cha Maosheng, the director, not have confidence in the new world.

Lin Zuhui nodded without hesitation, and said, "Of course, my Lantian subway station is also planned in this way!"

Zheng Jiachun was a little pleased when he was recognized. After all, he was a new official and there were doubts outside. He was naturally very happy to be recognized by his friends.

Cha Maosheng nodded, and said: "As soon as the new airport plan is released this year, coupled with the real estate premium in the future, we believe that the price of the fourth and fifth phases of Discovery Bay can be determined to be above 650 yuan!"

If it is less than 650 yuan per square foot, Hong Kong Industrial will not get [-]% of the profit, so of course Cha hopes that the price will be as high as possible.

Lin Zuhui and Zheng Yutong nodded and praised Discovery Bay Phase [-] and Phase [-] as a big money-making project.

Then, Lin Zuhui said inadvertently: "Could it be that New World Development is preparing to raise funds through rights issues? I see you are ambitious?"

Zheng Jiachun said with a wry smile: "How could I go against my father's precept of 'not raising funds by selling shares in the market'. I plan to sell the Hong Kong Dockyard (60% of the shares) for the money acquired this time. A little sluggish!"

Lin Zuhui's expression changed, and he asked, "Can you find a buyer?"

Zheng Jiachun looked at Lin Zuhui and asked curiously, "Do you mean it?"

Lin Zuhui nodded without hesitation!
Zheng Jiachun lamented his friend's energy, and immediately said: "Next week, bring someone to our company to talk!"

"no problem!"

As far as Lin Zuhui knows, shipping began to recover in the 90s. Although the shipping market has not reached its peak, the ship price has soared to the peak level.At that time, he can just get a share of the action.

The important thing is that Lin Zuhui hopes to use this move to see if he can participate in the investment of the terminal.Can Li Cucumber share half of his dock business with himself?Lin Zuhui thought so.

Returning to the office of Hua Zhi Center, Lin Zuhui picked up the "available for sale" property forms handed in by the management and began to review them one by one.If he agrees to sell, he will tick the box to determine the final list of properties for sale.

Chinese Real Estate will eventually release properties worth 20 billion yuan (scattered rental properties), so that they can raise 35 billion yuan of funds before the plunge, and use it for the "Land King" project on Garden Road in the Central District ([-]th cooperation with the Lin family) , and bargain-hunting real estate, the acquisition of Wing On Group and other commercial activities.

新时代地产将旗下收租物业的九成进行售出，回笼资金10亿出头；并将地利根德阁一座售出，可回笼资金4亿（占股3成）；连同账上的流动资金17亿、今年前五个月售楼利润8亿、期指合约回笼8亿。不包括外汇投资（目前市值7.5亿），就可以筹集资金47亿（债务50亿）
After some estimation, Lin Zuhui showed a bright smile!
After the sharp drop, New Era Group and Huaren Real Estate have a large amount of funds to buy bottoms, not including continued debt investment.

Taking New Era Group as an example, its net assets will reach more than 200 billion at that time. Based on the debt ratio of 50%, it can borrow at least 90 billion.The bank interest of 20 to [-] million a year is still acceptable. After all, after the [-]s, the annual profit of New Era Group (parent) will exceed [-] billion.

What's more, Lin Zuhui would let the company invest in securities to reduce the pressure of interest.

before get off work.

Lin Zuhui finally finished the work of confirming the sale of the property, and called the core executives of real estate/real estate, planning to work overtime to hold a meeting.He doesn't like to take work home, so he can only choose to work overtime.

Lin Zuhui gave the information to the four people, and said: "I've hooked up all the properties for sale. New Times Group sells 10% of the rental properties, worth about 20 billion yuan; Chinese property sells the rental properties worth [-] billion. Take a look." If you have any other opinions, we will make a decision tonight, and then start planning sales."

Chen Xiaofen asked: "Will it be officially sold from the beginning of February?"

Lin Zuhui thought for a while and said, "Yes! Remember, you can sell it in three months. Don't release it all at once, causing market turmoil!"

Liang Zhenxun said confidently: "Now the real estate industry is booming, and the monthly transaction volume is tens of billions. Our actions will not affect the market. But what the boss said makes sense. After all, our real estate company is a real estate company. weather vane, so the impact of separate sales is less.”

Lin Zuhui added: "We are a large debtor, and it is only natural for us to develop properties such as 'Central Plaza', 'Gorland Center', and 'Entertainment Building' after leaving the company."

The four nodded. This way, the market would not be alerted.

In fact, it was mainly due to Lin Zuhui's foresight during the August [-]th stock market disaster that some market participants admired him, and they might focus on New Era Group.However, Chinese Land has just acquired the "Wanchai Land King" at a sky-high price. Everyone thinks that Lin Zuhui is very optimistic about the future trend of real estate!

Then, everyone began to discuss in detail!
On January 1th, a new week begins.

Lin Zuhui took Lu Donglai and other people to the headquarters of New World Development in Central to discuss the acquisition of its Hong Kong shipping company.

Hong Kong Shipping was purchased by Zheng Yutong for US$1983 million in 2000, accounting for 60% of the shares. In the past few years, when shipping was in a downturn, Zheng Yutong bought many ships against the market. Who knows that shipping has been sluggish for so many years and still has no momentum.

Currently, Hong Kong Shipping has 12 container ships and 1.4 containers, with an initial estimated value of 12 billion.

If the New Era Group wins, it will need about 7.5 million to 8.5 million.

For this trip, Lin Zuhui brought professionals with him, intending to complete the audit and negotiation today and reach a transaction intention.

The real big business is like this, and it is impossible to be haggled over every detail. It only took 10 hours for Li Chaoren to buy HK Electric; of course, it is said that he has been spying on HK Electric for several years and has already researched it thoroughly.

Although Lin Zuhui did not study shipping and Hong Kong shipping companies in advance, he understood the general trend. In the early 90s, the price of shipping began to rise to the peak level. This alone is very worth investing in.

Moreover, New Times Group is now striving to develop into a comprehensive group with real estate as its core, so it is necessary to continue this step.

As soon as the two parties met, Zheng Jiachun asked his subordinates to hand over the Hong Kong shipping information to Lin Zuhui, and then the two chatted.

"Are you betting on the recovery of shipping? Or do you just want to be the king of the ship?" Zheng Jiachun said with a smile.

Lin Zuhui said bluntly: "I'm betting that shipping will pick up in the 90s! However, I'm also quite curious. New World Development's debt is not high. Why did you sell Uncle Tong's investment back then?"

It's news that the father and son buy one and sell the other!

Zheng Jiachun said: "Although the debt is not high, we still have other business activities that require a lot of funds, so we will sell this burden!"

Lin Zuhui immediately guessed in his heart that Zheng Jiachun might be negotiating with Ramada Hotel Group in the United States, and the project was at least 25 billion Hong Kong dollars.

On the same day, it took 8 hours to finally reach the deal.

New Times Group spent a total of 8 million yuan to purchase a 60% stake in Xiangjiang Shipping.

Because it is a direct acquisition, it saves a lot of trouble and directly allows New Era Group to enter the shipping industry without starting from scratch.