Hong Kong's new giants

Chapter 625 [Next City]

After staying in South Korea for three days, Lin Zuhui set off for Hong Kong.

During this period, he signed a new ship contract of 210 million tons, and purchased a second-hand ship of about 35 tons; at the same time, his major groups are preparing to expand investment in South Korea.

For example, brands such as 'Jeanswest' and 'Giordano' of the LEIT Group are planning to open a large number of new stores against the market. After all, Lin Zuhui knows that South Korea is the first country or region to recover from the financial crisis.

For example, Langham Hospitality Group is preparing to enter Seoul and open Langham Hotel and Ritz-Carlton Hotel.

Investments such as these have begun to be prepared one after another.

Even Lin Zuhui's private investment company sharpened their swords one after another, and in May they bought the stocks of listed companies in South Korea that Lin Zuhui had handpicked.

As for the acquisition of companies, it will probably be after May; Lin Zuhui remembers that South Korea seems to allow foreign companies to hostilely acquire Korean companies at some point this year.At that time, if there is a company that you like, you will inevitably light up the butcher knife and show your true colors.

The price of ordering ships in South Korea this time is much cheaper than that of mainland companies. I can't help but sigh that Koreans also like "rolls".

Before the financial crisis, 1 US dollar was equal to 985 won;

The highest record in December last year was: 12 US dollar equals 1 won;

This year has stabilized, the current exchange rate is: 1 US dollar is equal to 1450 won.

In fact, the Korean won has still depreciated by about 40%, so new ships and old ships are very cheap, and ship merchants naturally come to call for orders.

Tuesday, July 3.

The Internet portal website 'Sina (NASDAQ)' with the theme of 'Bringing China to the World, Bringing the World to China', planned by Netflix, was officially launched, attracting the attention of all parties in Xiangjiang.

Netflix may not be well-known, but its companies are well-known. For example, ICQ, an instant messaging software, has rejected Microsoft's $6 million offer and America Online's $12 billion offer, as well as its huge user base.

Wanhui Media, the parent company of Netflix Software, is now the representative of Xiangjiang's "technology stocks" and "Internet stocks". Hong Kong dollars.

In the case of the Hong Kong stock market falling, Wanhui Media still bucked the market and rose, and could not help but sigh the charm of the "Internet" in the present.

Sina.com provides information on "knowing about Chinese affairs" for the overseas world, and provides "Chinese fashion life" and e-commerce services for global Chinese in the Greater China region and overseas Chinese-speaking communities, including: tourism, culture, science, academics, and art , fashion, games, news, sports, entertainment and other items.

In addition, Sina will operate three main portals offering content and services under the name sina.com.These portals will be localized and feature websites will be launched in major Chinese communities around the world, including Chinese Taipei, Singapore, Beijing, Shanghai, Sydney, San Francisco, and Vancouver.

For a while, investors from all walks of life paid attention, and Wanhui Media's stock price rose against the wind again.

Wanhui Media's four major businesses: media, animation, games, and software are all high-quality assets and businesses, especially the three businesses of animation, games, and software.

Because of this, many investment institutions are very eager for the listing of subsidiaries and grandchildren of Wanhui Media. However, Wanhui Media has sufficient capital flow, and the important thing is that its profitability is good.

Take the game department that was established later - The Ninth City as an example. It has already achieved a large amount of profit, enough to support the Ninth City's further research and development; after all, "Resident Evil", "Pokémon", and "Age of Empires" are all world Innovative game products, each with a sales volume of several million, and subsequent versions will be released one after another.

Netflix software is a little bit close, and it is not yet profitable, but the loss is not very severe. After all, other software is profitable and outsourcing business is making money.The big loss is mainly because ICQ has no profit channels at present, and even the advertisements have not been implanted; and there are hundreds of engineers who are only responsible for this software, and the expenses are very high.

Because of this, both ICQ and SINA will be listed before the bubble crisis to raise funds for subsequent development.

In the office of the media group.

Lin Zuhui's browsing of the SINA website is not because of the speed and version of the website. After all, he has already used the Internet and is used to the website of this era.

On the contrary, the SINA website caught his eye, and he felt that both operations and technical maintenance were done very well.After all, the group's budget for SINA's website is 3.8 million Hong Kong dollars, which is mainly used for early technology development, marketing and e-commerce development of sister companies.

These funds are enough to support the company's listing next year. At that time, stock market fundraising will become a major event for Heung Kong. After all, with Lin Zuhui's brand and the era of the Internet bubble, it will not be a myth if the subscription exceeds a thousand times.

"Boss" Netflix Software President Liu Songcheng walked in and said respectfully.

Liu Songcheng also serves as the president of Sina. After all, ICQ Software, Stone (Intelligent Transportation System), Netflix (Sun Company, outsourcing business) and other subsidiaries of Netflix are all in charge of elite presidents, so he will temporarily serve as Sina President.

Lin Zuhui nodded, and then said: "Sina's development plan, report to me face to face!"

Liu Songcheng immediately said: "Okay."

He didn't dare to be sloppy, he spent a lot of time regardless of the boss, but he knew that the boss had a plan for Sina's development.

After all, the boss is a giant of the Internet in the world. Internet companies such as Netscape, YAHOO, and Amazon in the United States all have investments from the boss, and the boss has also served as a director of the company. He can be called an Internet investment tycoon.

Because of this, the boss is very familiar with this industry, and everyone knows it very well.

Next, Liu Songcheng reported his work in detail. He is an overseas Internet elite who was invited by Lin Zuhui to return to Xiangjiang for development. He is an insider in the industry, not an outsider, so he is very prepared for the report.

After listening to the report, Lin Zuhui commented: "There is no problem with your development plan, and the content, technology, and operation are all very good!"

Liu Songcheng hurriedly said modestly: "The boss planned well at the beginning, plus the talents invited by the boss from the United States to join us, and our experience in operating Yahoo (Xiangjiang), so we are not unfamiliar with this business!"

Websites such as YAHOO and Amazon are all represented by Netflix. After all, Lin Zuhui is a director, and since Xiangjiang’s business is not large, these companies give Lin Zuhui face.

Lin Zuhui changed the subject and said: "But you have forgotten about the expansion!"

Liu Songcheng immediately said: "The boss means to prepare for listing, and then carry out acquisitions and expansion."

Lin Zuhui nodded with a smile and said, "I don't blame you for this!"

After all, it was up to Lin Zuhui to decide on the listing.

Then, Lin Zuhui said: "Strive to go public early next year. After the listing, we will start to acquire and expand the company. For example, the acquisition of outdoor media in the mainland, publishing groups in Taiwan, etc., is how the Internet works. As long as our stocks are valuable, acquisitions are almost free. It can be completed by issuing new shares with money. This way, a large media group will come out. And Wanhui Media has also changed from a paper media to an Internet media.”

Liu Songcheng was fascinated by what he heard, and finally said: "Don't worry, boss, I've written down your instructions!"

Lin Zuhui nodded and said: "Work hard, the future is dominated by the Internet, and the traditional paper media has already faded away. Sina must become the largest media company in Greater China."

"Ok!"

After Liu Songcheng left, Lin Zuhui showed a smile. With the addition of him, the world's richest man, Sina.com's market value of 300 billion US dollars is easy.After all, Li Chaoren's Tom.com in his previous life did it, not to mention his Sina.

Of course, if you want to have a high market value, you must acquire more businesses.Sina can't just be a portal website, but also a media holding company that crosses platforms, mainland China and Xiangjiang. It is about the media industry chain, not limited to a certain field.

Out-of-home media in the Mainland is a fat 'cake'. Of course, it is only a high-quality business in a certain period of time, probably before 2010.

When the snowball gets bigger and bigger, Wanhui Media Group can cash out part of the funds from its subsidiaries to obtain huge profits.

Lin Zuhui made another move, and this was in a hurry to the Li family in Xiangjiang.

Cheung Kong Group.

Li Zeju came to Li Chaoren's office and said, "Baba, Lin Zuhui's business territory has expanded a lot. Especially Xiangjiang's Internet share, they almost monopolize it. Almost everyone who uses computers uses their software and website. Even The games they play belong to their family."

Li Chaoren raised his head, looked at his anxious son, and said seriously: "There is no way to be anxious. Others have a lot of cash reserves and a sense of being one step ahead. Naturally, it is easy to succeed."

Li Zeju immediately said: "The Internet is fine, but Times Shipping has made a lot of moves recently. It won the British Port of Thames and ordered 210 million tons of ships in South Korea. According to my prediction, Times Shipping wants to become Maersk, Mediterranean Such a shipping giant. Originally, we don’t do shipping, so they can’t affect us, but they are buying ports around the world, and they are bound to compete with us!”

Li Chaoren still said calmly: "Every country has a lot of ports, so what does it matter if everyone gets their own. What's more, their cash flow is really rich, and they are bound to buy a lot. We can't compare with others. Hutchison Whampoa’s funds are limited after all, and we hope that we can successfully issue 20 billion pounds of overseas bonds this year, so that we can have more liquidity.”

Li Zeju sighed. You must know that Thames Port is also what the Li family longed for, but Lin Zuhui did not expect to win it one step ahead of time.Although the relationship between the Li family and London is better, it is impossible for the UK to invest in the world's richest man.

Li Chaoren saw his son's morale was low, and immediately said seriously: "There are so many businesses in the world, you always compare yourself to others, as long as you have money, are you afraid that you won't be able to buy the assets you want? At the same time, you should also realize that, The importance of cash flow, when you have enough money, you can buy assets in new fields. Look at Times Shipping, which started asset restructuring last year and completed it at the beginning of this year. After that, it immediately started a global buying, buying, and buying model. This shows that Others have already planned it. There is also a core factor involved, do you know what it is?"

Li Zeju is not stupid, and quickly responded: "It's periodic!"

Li Chaoren nodded and said with satisfaction: "That's it, so this is also our opportunity. The whole group will take advantage of the Asian economic downturn to expand. Southeast Asian ports, Canadian oil... These are our opportunities! "

"Okay, I get it, Baba!"

In late March, the Hang Seng Index rose to 3 points, which surprised Lin Zuhui.

With such a high position, it can be said that there is almost no "financial crisis" in Xiangjiang. After all, it has only dropped by less than 4000 points, compared with the peak period in August last year.

Lin Zuhui guessed that the most important reason is that the performance of his five companies is very good, so it must be about 1500 points higher than in his previous life.

The Hang Seng Index is calculated based on 33 constituent stocks, and Lin Zuhui alone uses it for four constituent stocks, and these four constituent stocks account for a very high proportion, which has a great impact on the entire index.

If the lowest point dropped to 6600 points in the previous life this year, then it is impossible for this life to be lower than 8000 points, even if Lin Zuhui’s family office does not buy it (currently there is 550 billion in cash left, and 70 billion has been bought).

Judging from this situation, it is the best choice for Lin Zuhui to set the buying line at 9500 points and start gradually buying 550 billion funds.

Instead of buying with the Monetary Authority, after all, that would reveal his wealth and make things worse.

He doesn't want to be a 'national hero', so he still has to buy gradually. As long as it falls to 9500 points, he will buy with a daily fund of 10 billion to 15 billion.

Of course, in this way, the final result is also: the Financial Management Bureau is easier to win than in the previous life, after all, the foundation in the early stage has been beaten.

Office of New Era Group.

Lin Zuhui looked at each piece of information and seemed to be in a good mood!

In a financial crisis like this, you don't rely on acquisitions, as long as you have money in hand and you firmly believe that the country/region will recover quickly, you can use investment to expand.

For example, Langham Hotel and Ritz-Carlton Hotel began to expand in Asia this year, especially in Singapore, South Korea and the mainland.

When he saw the information about the acquisition of 'Li & Fung Group', Lin Zuhui frowned at the media.

It turned out that this report pointed out that at this time Li & Fung Group’s business was mainly foreign trade, which had little to do with Times Shipping’s business, and that Li & Fung Group owned two listed companies with relatively solid equity, the Fung family brothers had outstanding capabilities, and Li & Fung It is the century-old foundation of the Feng family.

Although it was not clearly stated, Lin Zuhui knew that Yuan Tianfan did not recommend the acquisition.

"In this way, Maersk acquired Li & Fung Logistics of Li & Fung Group in the previous life, and Li & Fung Group's logistics business may have just started at this time."

"There is really no need to buy!"

Soon, Lin Zuhui decided to listen to the opinions of his subordinates.

Of course, since Li & Fung Group has not been acquired, it is natural to develop its own logistics business, or to acquire other logistics companies.

In short, Times Shipping has undergone large-scale development and acquisitions in the past two years.

(End of this chapter)