Hong Kong's new giants

Chapter 523 [Harvest Season]

After the Hang Seng Index climbed to 8100 points, it did not stop, and then broke through to 9000 points in seven trading days;
Based on the closing price of 10 points on October 18, the Hang Seng Index rose by about 9050% in less than a month.

The stock market skyrocketed, followed by real estate booming again, the purchasing power of the market was concentrated, and luxury houses, ordinary houses, office buildings, shops, etc. all began to rise one after another.

The harvest season for investors is here!

New Times Group also started to buy 7500 billion Hong Kong dollars in stocks and index futures at 10 points as a short-term investment.

This is not Lin Zuhui's idea. After all, he has no plan to let New Times Group continue to make non-recurring profits. This year's 13.8 billion is too high.

However, large real estate companies have the habit of investing in Xiangjiang Securities, and this time it is Liang Zhenxun, the chief financial officer, who proposed to invest in stocks. It is his job to arrange financial affairs rationally. With so much cash in New Times Group, he is also optimistic about Xiangjiang stock market. It can reach more than 10000 points, so I invested in buying a lot of stocks and futures contracts.

In this regard, Lin Zuhui did not participate in it, and Liang Zhenxun made the financial arrangements.

However, Liang Zhenxun's words also reminded Lin Zuhui that the company's cash should not be placed too much in the account, which is not conducive to development; after all, the cash placed in the account is equivalent to no appreciation of assets.

He called Liang Zhenxun and said, "Arrange to repay the debt of 30 billion yuan, and control the debt to 180 billion yuan."

Even if the debt of 30 billion is repaid, the cash flow at the end of the year should be more than 90 billion Hong Kong dollars.Subsequent investment will be considered at the beginning of the year.

Liang Zhenxun immediately said: "Okay, it just so happens that a batch of debts are coming due at the end of the year."

Lin Zuhui also said: "If the stock of General Dynamics rises to 110 US dollars, it will close its position and continue to buy Microsoft's stock."

This is a very powerful investment. In June last year, it bought 1 million US dollars of General Dynamics. The average price per share was only 68 US dollars per share, with a total of 147 million shares; and in about a year and a half, the stock price of General Dynamics has been close to 110. During the period, the total dividend per share was as high as US$52.6, which is equivalent to an increase of US$162.6 per share.

New Times Group obtained 140% of the net profit ($1.4 million) on this investment.

In fact, all the dividends paid in the previous period were bought into Microsoft, and there is still a good increase.

Liang Zhenxun showed a look of admiration, the boss is really a "stock god" in stock trading, and Buffett is not so good!
"Okay. In this way, our market value in the US stock market is very likely to reach 9 million US dollars by the end of the year. In the early two years, the increase has reached 100%."

Lin Zuhui said calmly: "There is no need to think too much about long-term investment. There is no good way to spend that money. And the U.S. economy is sluggish this year, and I believe the stock market will perform well."

It's more than a good performance, it's a big bull market!

Since 1994, information technology stocks (Internet) have ushered in a six-year bull market (the real big outbreak should be from 1996);

From 1995 to 1998, Bank of America exploded. The bank index rose by more than 220%. Citigroup rose five or six times, and Wells Fargo rose five times.
Thinking of this, Lin Zuhui has decided to let Hengjin Investment invest an additional HK$50 billion to invest in US stocks next year.

"Ok!"

Liang Zhenxun left Lin Zuhui's office with enthusiasm, and went to work in the New Times Group, which made him feel like he was on a rocket, and the group's assets rose steadily.

After a while, assistant Li Ke brought Qiu Degen from the Far East Group to Lin Zuhui's office.

The two have been dealing with each other for a long time, and the ATV Group still took over from others. Of course, in order to take all the shares of Qiu Degen back then, Lin Zuhui secretly asked someone to report him——Far East Bank made fake accounts, which made Qiu Degen He almost went to jail, but fortunately he was witty - he escaped prison with dementia.

However, Qiu Degen completely lost the Far East Bank because of this, making the family bank the property of others.

As for the means used, Lin Zuhui didn't care at all, he thought he was safeguarding the justice of the law.

"A rare visitor, Qiu Sheng!" Lin Zuhui said enthusiastically.

Qiu Degen responded with a smile: "It should be said that Lin Sheng's career is getting bigger and bigger, and the number of times we meet is only a handful!"

"Haha, you are too old."

After being polite, the two parties sat on the sofa and drank tea.

Qiu Degen looked at his office, couldn't stop his envy in his eyes. Back in the day, the young man in front of him couldn't even move a second-rate real estate company like 'Dasheng Real Estate', so he had to be invited to take the lead in attacking others.Only six or seven years have passed, and someone else has become the richest man in the world and the chairman of the board of directors of a multinational group.

"Qiu Shi, how is my office?" Lin Zuhui said with a smile.

Qiu Degen responded: "Lin Sheng sits at the highest place in Xiangjiang and works, but manages industries all over the world. This is the White House in business!"

This old man is quite good at boasting.

Lin Zuhui said modestly: "I'm so proud of the award. I'm considered a multinational company, at most a company that has just stepped out of Xiangjiang."

It was another business exchange, and Qiu Degen finally got down to business: "Lin Sheng, I know that you are in charge of the Xiangjiang River, and you are well-known in the Hong Kong government, so this time I am here to find you to cooperate in a project."

Lin Zuhui said unsurprisingly, "Is it the piece of land in the Lychee Garden?"

Qiu Degen nodded, then looked at Lin Zuhui with hope.

Qiu Degen is a strong man in the business world who integrates real estate, hotels, finance, entertainment, theaters and other industries. Although he has lost the dominance of Far East Bank, he still has shares after all, not to mention that his securities company is also very large.

His company, Far East Hotel and Entertainment Company, owns a number of properties in Liyuan, Kowloon, including Songcheng and Liyuan Amusement Park; part of the amusement park is its own land, and part is leased official land; There is also a large amount of land around the park.

Liyuan has convenient transportation, beautiful environment, farsighted and civilized Songcheng and Amusement Park, and is adjacent to the mid-to-high-end community Mei Foo Xincun; if it develops commercial and residential properties, it has great potential.

As early as April 1991, the Qiu family signed a temporary sale and purchase contract with Lee Shau Kee, the "land director", to jointly develop the current Songcheng site and the surrounding 4 square feet of land, and develop three commercial and residential properties.

However, at the end of the year the city planning committee rejected the project as it did not fit the overall scale concept.

Lin Zuhui thought for a while, and said, "Qiu Sheng, I'm really happy that you came to me. However, I'm afraid I can't negotiate this project properly."

Qiu Degen was immediately disappointed, and said: "No way, with your connections in various departments of the Hong Kong government, if you can't do it, who else can you do!"

Lin Zuhui immediately introduced: "Of course it's Li Chaoren, as you know, last time I rejected Peng Du's kindness and didn't join his business committee. Although Li Chaoren also refused, he sent his son in after all; In addition, in the past few years, the legislators and executives have been replaced by Governor Peng, and my relationship is no longer good. Therefore, I still suggest you to try with Li Chaoren, lest we waste time and miss The best time to buy real estate."

Qiu Degen could only nod his head and said, "Well, since Lin Sheng is not sure, I'll go find Li Chaoren."

Lin Zuhui politely gave Qiu Degen a ride, and expressed his apology again.After all, generally speaking, if you cooperate with the land, you are valued.

And the reason why he refused was because he didn't want to get into that kind of trouble. Although if the negotiation is settled, there will be a profit of more than one billion; but the government has already planned for Liyuan, and Qiu Degen's land is not connected together, so it is easy to be veto.

But then again, with real estate booming nowadays, this project can still touch the hearts of many bigwigs; if the project is really successful, maybe Lin Zuhui will regret it.Because of this kind of cooperation, there is no need to buy land at a high price, and you can get good income, which is quite cost-effective.

If the project is rejected again, it will not only affect Qiu Degen and Li Chaoren, but will cause "confrontation" between real estate developers and the Hong Kong government.

It turns out that in recent years, property prices have been high, but the Hong Kong government has changed the use of plans, and bureaucratic procedures have 'delayed' dead people, which has also caused land exchange applications to be delayed or even rejected.

As a result, the real estate developers are holding back their energy and complaining about the Hong Kong government.There is only one opportunity left, and the two sides may have to push the ball in the media.

The reason is actually very simple. The supply of houses in Xiangjiang exceeds the demand. If there are 10 new residents every year, then only 6 residential units will be occupied.

This conflict between the Hong Kong government, citizens, and real estate developers may come to the fore in the first half of next year.

Lin Zuhui was very worried that he would become the most eye-catching person among real estate developers, which made him very helpless. He was the biggest real estate developer in Xiangjiang.

In fact, in the development of real estate (residential), the annual supply of new era real estate only ranks third.

The investment properties (office buildings and shopping malls) of New Times Group are the real giants; coupled with the good development of comprehensive business, the market value is far ahead of other real estate companies.

Therefore, Lin Zuhui didn't want to be the boss of the local industry, so he let Li Chaoren go to the front.

After thinking about it for a while, Lin Zuhui decided to transfer some of the New Era Group's funds to foreign countries next year, mainly investing in the banking industry in the United States.

The U.S. stock market has a large opening, 16 times that of Xiangjiang, which is almost 5 trillion US dollars, so it is the best place for funds.

In fact, making money is no longer a challenge for Lin Zuhui. Any securities investment project is more profitable than real estate.

For example, the current market value of Sony is only over 230 billion US dollars (a listed company in Japan), but Lin Zuhui knows that Sony’s market value once reached more than 2000 billion in 1300; Started to explode.

Therefore, this stock will have to buy about 5% next year, just waiting to make money.

Of course, while investing in these securities, Lin Zuhui still hopes to invest in more industries for risk control.

(End of this chapter)