Hong Kong's new giants

Chapter 580 [Making 20 Billion Dollars Big]

At the beginning of late September, Lin Zuhui came to Singapore. He inspected the Singapore trading department of Barings Bank. He was accompanied by two senior bank executives including Octopus Bank President He Changhong and Barings Bank President Andrei. .

Since the acquisition of Barings Bank by Octopus Bank in February, its business has started to develop smoothly in Asia. After all, there is Octopus Financial Group as a local snake.At the same time, the business of Octopus Bank also began to develop towards Europe and the United States, with Barings Bank as the leader.

Generally speaking, the current financial strength of the Lin family cannot be underestimated.

The small Singapore trading department has brought together so many bigwigs, and the manager Pete is also very encouraged, tirelessly introducing the situation to Lin Zuhui and others.

The main business of Barings Bank is investment banking, and the futures trading department is generally a department that accepts entrusted futures transactions. Of course, its own funds are also used for futures trading through this department.

"Well, the management system has learned the lessons of the 'Lisson incident'. The current reform of Barings Bank is successful, and I am very satisfied."

Andre was immediately very happy. In the past six months, Barings Bank has been summing up lessons, formulating new management systems, and not forgetting to develop the company's business; after all, his position as president is not secure, and now the group company and the boss are both Passing the affirmative opinion is obviously a preliminary pass.

After investigating, everyone returned to the meeting room.

Andre said to Pete: "Bahrain Bank's headquarters will transfer 1000 million US dollars to the Singapore trading department again every trading day. You need to continue to buy the Nikkei 225 December futures index. This time the estimated investment is 12 million US dollars."

Pete's spirit was shaken, and he thought he had a big job to do again!

After Barings delivered the Nikkei futures index at the end of June, it did not continue to do so; but Pete knew that the parent company, Octopus Bank, bought a large amount of Nikkei futures. At present, it seems that the profit is far higher than that of Barings shorting the Nikkei futures in the first half of the year. Earned 3.5 million US dollars, a lot more.

Because, the Nikkei index has risen from below 15000 points in June to around 18000 points. According to 25 times leverage, it is five times the profit.

Pete guessed right, Octopus Bank's current book profit is 8 million U.S. dollars, which is more than 60 billion Hong Kong dollars.

"Okay, I will arrange it right away, and the buying system must be strictly implemented."

After Pete left, there were only senior executives from Octopus Bank and Barings Bank left in the conference room, and everyone had an exchange.

During the period, Lin Zuhui asked: "Do you think Octopus Bank is considering listing? You can speak freely, and I will listen to everyone's opinions."

He Changhong first said: "It still depends on the boss's idea. If you want Octopus Bank to work hard, going public is not a good choice. Of course, Barings Bank can be transferred to Octopus Financial Group, and there is no need for it to be listed as an asset. After all, this bank is 233 It hasn’t been listed for years, and it doesn’t need to be listed now.”

Andre also said: "Bahrain Bank already has a well-known reputation and brand, but boss, you often invest in financial projects with your own funds. Once listed, it is obviously not in your interest. After all, once listed, it is essentially a public company. .”

Everyone spoke freely, and Lin Zuhui quickly understood.

Octopus Bank still needs to be listed. After all, Lin Zuhui also wants it to develop into a global bank based on a large bank in Asia; at least, he thinks so, whether it can be done is another matter.

"Okay, I'll look for the right opportunity to list Octopus Bank in Hong Kong, and at that time the issuance business will also be handed over to Barings Bank."

Next.

He Changhong asked: "The Nikkei futures will be delivered at the end of September soon. If Octopus Bank makes a profit of [-] million US dollars, does the boss need to withdraw it?"

At the end of last year, Octopus Bank had wiped out its historical losses, and its net assets reached more than 60 billion Hong Kong dollars.This year's capital injection of Barings Bank is 104 billion Hong Kong dollars, and the short-selling Nikkei made a little over 60 billion in the early stage, but this time it may earn more than 60 billion, which is equivalent to leaving more than 20 billion.

Not only that, the net profit of Octopus Bank's banking business this year will also reach more than 25 billion Hong Kong dollars, which is equivalent to the scale of Octopus Bank's net assets of more than 110 billion and cash flow of 50 billion by the end of the year.

Octopus Bank's deposits are also rising, and it is currently as high as 1200 billion, and it has lent more than 400 billion Hong Kong dollars.

Even if Lin Zuhui withdraws 50 billion Hong Kong dollars, the business of Octopus Bank will not be affected at all.

"No! Even before the listing, I will not withdraw cash."

Everyone couldn't help but lament Lin Zuhui's strong financial resources. This year's Nikkei Futures Index, Octopus Bank and Barings Bank have already made a huge profit of 150 billion Hong Kong dollars.The name of the stock god is worthy of the name.

Everyone has also seen Lin Zuhui's ambition. Whether it is Barings Bank or Octopus Bank, there is a lot of cash flow in the account, but the boss doesn't care at all.

From Lin Zuhui's point of view, once the Asian financial crisis breaks out, he will have tens of billions of cash flow, plus the cash flow in the accounts of all his companies, it may be more than 1000 billion in cash flow.This is not counting the value of stocks that can be cashed out in Europe and the United States after the financial crisis.

At that time, all the funds will pour out to buy the bottom of the industries in various Asian countries.

This meeting lasted for a long time, most of which were exchanged by the executives of the two banks, while Lin Zuhui listened and rarely expressed his opinions.

After staying in Singapore for four days, apart from working, Lin Zuhui planted seeds for the three beauties of Sing Tao. Since he wants to develop a family branch in Singapore, he naturally needs a lot of children.

The three women enjoyed their current life very much and never troubled him. Instead, they tried their best to serve Lin Zuhui every time, so that he could enjoy the emperor's treatment.Especially the size of the three women is quite large, and they can enjoy the fun that other women do not have.

Lin Zuhui didn't treat them badly, he gave them a lot of money every year to buy assets.

end of September.

Nikkei futures delivery, Octopus Bank made a huge profit of 8.2 million US dollars.And this year (1995), Octopus Bank has earned 16 billion US dollars; after taking over, Barings Bank has also earned 3.5 million US dollars, all earned on the Nikkei Futures Index, which is equivalent to a huge profit of nearly 20 billion US dollars. After all The New Era Group also made hundreds of millions of dollars.

The fundamental reason for making such a huge profit is that Lin Zuhui remembered the impact of the Hanshin earthquake and related Nikkei index.First, he knew about the Hanshin earthquake in January, so he started shorting the Nikkei since December last year; second, he knew that the Hanshin earthquake caused the Nikkei to plummet by about 1 points, so he started buying around 12 or below.Once he sells and buys, he makes a lot of profits.

At present, the Nikkei is around 18200 points, but Lin Zuhui knows that there is still the last wave of bubbles in Asia; therefore, he predicts that the Nikkei index will show a rising state by the first half of 1996, so he asked Barings Bank to buy 12 Monthly period refers to, and next year will continue to buy futures for March, April, May, and June.

He also adjusted the investment plan, which is to invest 1 million US dollars every delivery month, but if there is a risk of liquidation, the position should be covered once at most, so as not to give up all the profits.

He can't guarantee that he will make money every time, but the general direction is right, so the winning rate is very high.

As for why he didn't buy Singapore index futures, the reason is actually very simple, because Singapore's Lijia will "government interfere" in the capital market, which determines that he cannot buy futures.And once the signal of Lijia's intervention in the real estate market appears, Lin Zuhui can also find a business opportunity from it, that is, to short-sell the Singapore index futures.

Not surprisingly, Lijia has realized the existence of Singapore’s real estate bubble. Once they announce the cooling measures for Singapore’s real estate, Lin Zuhui will immediately let Singapore’s Sanmei short-sell the new index futures and earn hundreds of millions.

As the Asian financial crisis is approaching, Lin Zuhui has been reviewing the financial situation in Asia in his mind, and he can earn a little bit.Of course, he earns very secretly, such as shorting the new index futures, he does it through the investment company of Sing Tao Sanmei, and the amount will not be particularly large.This means that it is just a normal financial investment, not speculation.

At the same time, Lin Zuhui has begun to let his companies set up offices and branches in various Asian countries to pay attention to the local situation.When the time is right, enter these places to buy bottoms.

Buying bottoms represents 'rescue the market', so he will instead become a guest of honor from various countries.After all, after the outbreak of the financial crisis, these countries and regions are very eager for foreign capital to enter.

Time entered the fourth quarter of 1995, Xiangjiang's real estate began to recover (transaction volume), and a new wave of gains was ready to go.

This round of real estate downturn began in the second quarter of 1994. The reason was that the Hong Kong government implemented a series of "real estate cooling" measures because of public opinion; Real estate is heating up.

The reason why this round of real estate has come out of the downturn is that Xiangjiang’s economy itself has no problems, but has been rising every year; therefore, after the real estate adjustment, it will soon usher in a new round of skyrocketing.In particular, Huaying's negotiations on the airport have been 'almost'. In addition, in late September, the Tsingyi Station of the Airport Railway was won by a consortium formed by Cheung Kong, Hutchison Whampoa, and Watson Pacific for 43 billion Hong Kong dollars, and the citizens of Hong Kong have already I'm used to constant quarrels between Huaying and Ying, but it's - you 'quarrel' with yours, and we 'fire' ours.

Xiangjiang has always had the phenomenon of "stocks pulling the ground", and after the Hong Kong stock market fell to more than 6900 points at the beginning of the year, it has risen to 9750 points now;

This round of real estate fell by 20%. All of Lin Zuhui's companies did not participate in "buying the bottom", that is, they did not engage in "property speculation"; except for New Times Group, which strengthened a little bit of "land reserve" activities, the rest did not speculate in properties.

On the contrary, New Era Group has sold about 6000 residential units in the year and a half of the real estate downturn (promoting activities and packaging publicity in place).After all, even if the price drops from 5500 yuan per square foot to 4500 yuan per square foot, New Times Group will still make a profit.

(End of this chapter)