Hong Kong's new giants

Chapter 379 [Reward 3000 million!]

When the transaction between New Times Group and Hongkong Land was disclosed, Hong Kong media reported it one after another.

Over the years, there has never been a major real estate company buying rental properties so frantically, because it would take up too much money.Theoretically, it takes 10 years for investment properties to return to capital, while it only takes 3 years for development properties. If a company takes too large a proportion of investment properties before it develops, it will greatly affect the company's development.

For example: New World Development, because it puts too much emphasis on rental properties (including hotels), it has insufficient land reserves.

Taking Cheung Kong as an example, the annual rent accounted for less than 15%, and many of the developed commercial buildings and shopping malls were sold by Changshi.

Just when investors were talking about it, New Era Group announced that it would reduce its debt holdings by another 20 billion yuan, leaving the remaining 80 billion yuan in debt.

This caused many reporters to seek interviews from Chen Bin, general manager of New Era Group.

Because New Era Group requires financial transparency to facilitate fundraising from investors, it has always been relatively open. Chen Bin also accepted an interview from a media.

Reporter: "As far as we know, the highest debt of New Era Group this year is 150 billion, and now it has reduced its holdings to 80 billion. How did New Era Group do it?"

Chen Bin: "Normal profits, rights issue fundraising, and the sale of some equity have brought a lot of cash to the company. We are still in the financial market and have made a lot of gains, so the funds are very sufficient."

Reporter: "How many gains have the financial markets made?"

Chen Bin: "Currently there are still investments, but more than 20 billion financial gains have been confirmed!"

Reporter: "In other words, there may be 30 billion?"

Chen Bin: "Well, almost."

Reporter: "As a comprehensive real estate group, is it too risky to invest in financial products?"

Chen Bin: "Everyone has invested, and our investment is very small, but the rate of return is too high, such as this crude oil futures. Of course, we accept this kind of criticism, so we will try to reduce this risk in the future invest."

Reporter: "I don't mean that! Investors in New Era Group are very keen on the company's investment in financial products. This is a survey we have done. They probably think that there is a 'stock god' Mr. Lin Zuhui as the leader."

Chen Bin: "In any case, New Era Group has become a comprehensive group with a net asset value of more than 700 billion. Reducing risky investment has become our company's general policy. As far as the current situation is concerned, the cash flow of New Era Group It is very sufficient, and there is no need to invest in too many financial products."

The reporter felt that he would be scolded. Unlike other companies, investors in New Era Group hoped that the stock gods would invest with the company.

Although the reporter is also a reporter under Wanhui Media, because Lin Zuhui generally does not interfere with the freedom of the press, he will be very sharp in interviews.

Reporter: "Is it reasonable for Chinese Real Estate to purchase rental properties while selling them to major shareholders?"

Chen Bin: "Very reasonable! First of all, New Times Group needs to reduce its debts reasonably, otherwise the interest will eat up a lot of profits; secondly, Chinese Land has made a lot of profits from the sale of these properties, such as Harcourt Building and Royal Mansion. More than 5%. Finally, the office market has declined, so the company can only adjust by reducing its equity holdings."

Reporter: "Okay, thank you for the interview!"

Chen Bin: "You have worked hard!"

When the news of Chen Bin's interview came out, the stock of New Era Group immediately rose and broke through the 500 billion mark.

In late November, Li Jiaxin gave birth to a son, which made Lin Zuhui even more happy. Now he has six sons and two daughters, and the family is expected to prosper from generation to generation.

For Lin Zuhui, he wants to create his own two generations of contacts accumulated by others for three or four generations.Except for Wang Lingyin's lineage, the rest will be arranged abroad.

As for whether there will be turmoil in the family, Lin Zuhui said:
First, the children may not live as long as him, his body is really good;

Second, with the assistance of the family office, the family office will have great authority after his death;
Third, the family council may form a consensus when it is external. If it is in a mess, it can only be managed honestly by the management of the family office.

In the VIP delivery room of the hospital, Lin Zuhui hugged his son, admiringly.

Li Jiaxin, who was lying on the bed, looked at the father and son contentedly. She didn't want to give birth too early, but she also understood that only with children can she get more assets.In addition, although she is confident and beautiful, but this man's conditions are too good, it's better to be on the safe side.

Wu Guofang and Li Jiaming also looked at Lin Zuhui and his son with smiles on their faces. This is a good thing!

"Since Zu Hui likes children so much, Jiaxin will work harder in the future to try to have more children!" Wu Guofang said with a smile.She has also heard from her daughter that Lin Zuhui wants to earn 100 billion in assets for each woman.So she thought, will having more children get more wealth?

Lin Zuhui immediately said: "How can I do that, it will hurt my body more, two is enough. Besides, I have to wait until Jiaxin is 30 years old!" After speaking, he did not forget to appease Li Jiaxin who was lying on the bed a little 'scared'.

Li Jiaxin was very satisfied immediately, her man would love others, but he was a little flirtatious.

Wu Guofang immediately understood that this son-in-law also cared about his daughter's beauty, and quickly said, "Yes, it's because I didn't think carefully!"

After finishing speaking, she couldn't help but want to come and hug her grandson, Lin Zuhui readily handed it to her.

Lin Zuhui said to Li Jiaxin: "Is there anything you want?"

Li Jiaxin hesitated for a moment, and tried to ask: "I want to buy a mountaintop villa, or a single villa with no buildings around, is that okay?"

Lin Zuhui smiled. At present, the fairies assigned to this type of villas are: Guan Jiahui's No. 1 Baijia Road, Wang Zuxian's No. 20 Shixun Road, Cai Ning's Repulse Bay No. 4, and Lin Zixia's Shouson Hill Villa.

Qiu Shuzhen, Li Jiaxin, and Li Zi, the villas of the three are townhouses.

Lin Zuhui smiled and said: "I have prepared such a villa for you all, and put it in my place. However, it will take a few years for you! However, I am very satisfied with your meritorious deeds this time, and I will reward you with 3000 million yuan cash."

Li Jiaxin was not disappointed, but said happily: "You really bought it for me?"

Lin Zuhui said: "Let me tell you clearly, I have reserved the executive house of Standard Chartered Bank at No. 36 Shi Xun Road for you. However, it is not suitable to move in now. I am worried that your mother and son will be targeted by others. I've rebuilt it, and I'll pass it on to you!"

At present, Lin Zuhui has two villas under construction, one is Deep Water Bay No. 75, which has entered the end of decoration; the other is Shek O Grand Villa, which will be completed in about three years.

There is also HSBC's Taipan House "Yunfengju". Considering the problem of Fengshui, Lin Zuhui plans to enter the reconstruction process in the mid-90s. At that time, the luxury villa with an area of ​​up to 4.4 square feet will become the top five luxury villas in Xiangjiang. .

Of course, these three buildings will definitely not be given away, they will stay in the main family.

Li Jiaxin nodded happily immediately, Wu Guofang and Li Jiaming were even more surprised than Li Jiaxin in the back.They know that Li Jiaxin still has residential properties worth more than 2 million yuan, a villa in Repulse Bay and London, a 3% stake in LEIT Group, countless jewelry, and a net worth of [-] million yuan.

Lin Zuhui added: "Give you 3000 million in cash, do you want me to give you some advice on investing, so that money can make money?"

Li Jiaxin immediately took Lin Zuhui's hand, and said coquettishly, "Yes, I want it!"

Lin Zuhui patted her hand with a smile, and said, "Okay! But, everything will have to wait for you to finish your confinement. During this period, you can honestly rest at home. Understand?"

Li Jiaxin nodded like a chicken pecking at rice, and said: "Well, I am the most obedient!" Time has smoothed out this woman's savagery and self-willedness, and now all that is left is to be intoxicated under Lin Zuhui's stalwart body, no, it should be Indulge in the 'money game'.

Lin Zuhui found that if he directly gave 1 million to a fairy, the effect achieved would be far worse than giving them 5000 million, and then teaching them to invest, earning another 5000 million.

Real estate speculation and stock speculation are simply the things Xiangjiang people love to do most, and they are very addictive!

In addition, everyone is also keen to speculate: club cards, taxi cards, stamps, magnetic cards
Speculation is pervasive in society, and citizens generally have three mentalities:
First, they are not doing their job properly, thinking that real estate speculation is better than working part-time, and they can earn 200,000 as soon as they change hands;
The second is the gambler's mentality, forming a gambler's mentality that emphasizes courage, wins or loses once laid out, and will prosper after winning;
The third is that many people feel frustrated and disappointed, thinking that 'hard work makes money, not as much as speculators make'.

There is a popular saying in the society: "Hightech is for money (losing money by developing high technology), and Lowtech is for profit (making money by speculating in real estate)"

If things go on like this, Xiangjiang's economy is bound to regress, but this is beyond Lin Zuhui's intervention.

Moreover, although it is not convenient for him to speculate in real estate, except for Wang Lingyin, all his women are speculating in real estate (cutting leeks).Including the family members of those big real estate developers, in fact, they all like to speculate in real estate, such as Zheng Jiachun's wife.

Such is the atmosphere!

But when it comes to real estate speculation, no one is Lin Zuhui's female opponent!
After the sharp drop last year, women like Guan Jiahui have become agents of the New Times Group. Guan Jiahui alone won more than 250 houses, worth 2.5 million at the time.Today's value has risen to more than 3.2 million.

The rest of the women also basically purchased 1.5-2 million residential buildings at that time, and of course they all used [-]% down payment.The huge amount of monthly loan repayment is due to Lin Zuhui's increased living expenses.

Thinking of this, Lin Zuhui told Li Jiaxin again: "Ask me more about investment in the future, don't make large-scale investments without authorization, or you will lose money one day, so don't cry to me!"

Li Jiaxin immediately said: "I will not be like that idiot Sister Guan who bought stocks without asking such a capable man!"

Lin Zuhui suddenly found it funny, and couldn't help joking: "Others earn more than you, and I don't favor her!"

It immediately provoked Li Jiaxin to act coquettishly, and the two flirted openly, which made Wu Guofang and Li Jiaming not to mention how happy they were.

(End of this chapter)