Hong Kong's new giants

Chapter 627 [The Importance of Cycles]

Lin Zuhui began to gradually disband the investment managers and staff of Jingwei Capital, and only retained some necessary positions, because he found that it was too ostentatious to do venture capital, and it was quite troublesome to apply for cashing out.

Of course, the most important thing is that he doesn't need to make such high-profile money now.

For example, in the current Netflix, Jingwei Capital can indeed get venture capital, but in Lin Zuhui's view, if he invests in too many successful cases, it is easy to be suspected.

Even if he doesn't venture into Netflix, he can still make a lot of money from Netflix, because after Netflix's listing, for a long time, the market value is only about one billion US dollars, which is still far from the market value of 2000 billion.He only needs to spread out and buy about 4% of the shares, and he can make a lot of money.

The same is true for Google. Buying stocks from the secondary market is more in line with the low-key principle, and it can also earn hundreds of times the profit.

The reduced Jingwei Capital has shifted its direction to the mainland, and Lin Zuhui is also planning to focus on investing in Penguin and Alibaba.

ICQ, US headquarters.

Lin Zuhui listened to President George's report, and thought about the next function and direction of ICQ.

This year, Microsoft and AOL have released Instant Messenger one after another, but whether it is Microsoft's MSN or AOL's AIM, they are not a threat at all. .

Because the functions of ICQ are so perfect, and the version is relatively simple and convenient, it has completely become the first social software in English-speaking countries and regions.

Free mailbox, offline message sending, avatar, emoticon, note, voice, chat room, ICQ group. Each function is gradually improved. Every time ICQ is updated, it is eye-catching.

When MSN and AIM went online one after another this year, ICQ immediately updated the version, adding functions such as chat rooms and ICQ groups, which frustrated Microsoft and AOL's attempts to seize the social software market.

"Can ICQ pass the listing?"

"Boss, ICQ cannot be listed because it has no way to make money. Of course, if the boss wants ICQ to go public, we have to consider ways to make money, that is, we need to add advertising and other plans."

George reported respectfully that although he is a professional manager and is in charge of ICQ's global operations, the person in front of him can fire him at any time, just to lose some money.

Lin Zuhui nodded, but he said: "Advertising affects the user experience too much. I think we should develop a membership system."

George asked puzzledly, "What are the privileges of members?"

Lin Zuhui said with a smile: "There are many. In short, membership is a proof of respect. As for privileges, such as the identity plate for members of the ICQ upgrade system. The red distinguished nickname shows that the ranking of the friend panel is high."

George heard it like a thunder, and it turned out that he could still play like this!

Lin Zuhui sneered in his heart, Xiao Ma has dominated social software with a population of 14 billion for many years, and you Americans play these games, and you are no match for others.

"Boss, your idea is really great!"

"Where did I come up with it? It was the developers at Xiangjiang who came up with it."

George does not doubt him, ICQ's headquarters is in the United States, he is the president of ICQ, and Xiangjiang ICQ is more like an 'outsourcing'.

"Well. In this way, there will be no problem with ICQ's listing. After all, we still have advertising revenue, but we don't insert advertisements at present, but it doesn't mean that we will have no advertising revenue in the future, so there will be no problem with listing."

If an Internet company cannot explain your profit direction, it will not pass the listing.

Lin Zuhui said: "The next version will be the main membership function and ICQ games, and ICQ games will also be the future profit channel, although the current development is all casual games."

"Yes."

"Alright then, ICQ will be listed again next year, let's continue to make it more perfect this year!"

"Yes, boss"

At present, Lin Zuhui has not considered when to sell ICQ, even without 100 billion US dollars, he does not want to consider selling.

But in Lin Zuhui's view, this price will definitely be realized around 2004.

Why does Lin Zuhui have to sell it, because he is a businessman and he sells it if he has a profit.The important thing is that he doesn't want to be too high-profile and controls the social life of Americans.

At that time, an antitrust investigation by the US government will be enough for him to drink a pot.

And when it goes public next year, it is also hoped that some of the cake will be distributed, and it can also raise funds to develop and grow ICQ.

Back in Xiangjiang, Lin Zuhui held another high-level meeting of Times Shipping.

Looking at the faces of most foreigners, Lin Zuhui has already adapted. The senior management of many of his group subsidiaries are dominated by foreigners, such as Langham Hospitality Group.For example, although Amazon Shopping Center is a sub company, it is actually treated as a subsidiary company. The president and other high-level executives can report directly to the group and Lin Zuhui.

"How is the acquisition progress of the South African shipping company Safmarine and the international container business of sea and land services?"

South African Shipping operates about 50 liners and about 8 container fleets with its container shipping. It covers a total of ten industries and the price is about 6 million US dollars;
Sea and land services include 70 ships, nearly 20 boxes, and 16 terminals (partial equity or management rights), offices and institutions around the world, with a price of about 8 million US dollars;
The two purchase prices are around US$14 billion, which is equivalent to an expenditure of more than 110 billion Hong Kong dollars.

Of course, once the acquisition is completed, Times Shipping will officially become a world-class shipping giant, and its business will soon be in Asia, Africa, Europe and the United States.

The predecessor of Xiangjiang Shipping, which was inherited by Times Shipping itself, after years of development, its strength is the first among the three major shipping lines of Xiangjiang, so it has a solid foundation for operation.

Morris said confidently: "It's in progress, it's progressing smoothly, and an agreement is expected to be reached soon."

His self-confidence comes from the fact that the group fully delegates power to him, the price is relatively loose, and there is room for negotiation.

Of course, Times Shipping also has weaknesses, that is, globalization and digitalization have just begun to develop. In fact, if these two shipping companies are acquired, I am afraid that it will not be digested for a while.

Fortunately, South Africa's Safmarine itself acquired brand rights, trademark rights, etc., and can operate independently.

The container business of sea and land services is itself an advantage of Times Shipping, and it is not difficult to accept.

Lin Zuhui nodded and said: "Okay, I believe that you can successfully complete the task, and I will give you the greatest support. But I want to emphasize that surpassing Maersk is our biggest goal, so everyone must work hard to globalize Times Shipping , the figures are fully displayed, and the management of the group must be world-leading.”

"Yes, BOSS!" Everyone said excitedly.

Everyone understands that the core of Times Shipping is the BOSS. After all, what is the most important thing in shipping?

Is to step on the 'cycle'!
If you can't step on the 'cycle', not only will it be difficult to make money, but it will also be easy to go bankrupt!
In the 90s, shipping stocks and bonds were feared by investors. It is said that the shipping industry was sluggish throughout the 90s; and now the financial crisis in Asia has made shipping even more depressed.

BOSS is strongly intervening in shipping at this time. Based on the legendary experience of the world's richest man, they know that BOSS is betting that the shipping cycle is coming soon.

In fact, Lin Zuhui is also planning to acquire South Africa’s Safmarine, sea-land service container business, etc. This does not need to consider the cycle, because the business in Europe and the United States does not have much impact (only a little); more importantly, it is mainly acquired. Business, that is, customers.

So don't think about these, anyway, just buy, buy, buy.

Even when it is actually mature, it can directly acquire the third shipping company in the world, Iron Bank Java, after all, this company was sold to Maersk in the previous life.

What he needs to consider are bottom-hunting ships. There are various types of ships, and the proportion of container ships is not even large, such as natural gas ships, iron ore ships, oil tankers, etc.

In the first half of this year, taking advantage of the depreciation of the Korean won and the Asian financial crisis, Times Shipping ordered 210 million tons of various ships in South Korea at a cost of about 17 billion US dollars (delivered in US dollars, but the price of the ship fell by nearly 4% due to the depreciation of the Korean won) , also spent 1 million US dollars to buy several second-hand boats (continuous purchase).

Once these ships are delivered, they must be in business, or chartered out, or they are a waste.

According to Lin Zuhui's knowledge, from 2003 to 2008, the price of shipping has doubled several times, which is very profitable, and shipping stocks are the favorite of investors.

The new ships ordered by Hyundai Shipping will be delivered in succession in 2001.

Of course, as long as you understand the shipping cycle, all planning is not a problem, and you can make several times more money than others.

For example, in the first ten months of 2008, users were encouraged to sign long-term contracts, tempted by discounts, and not to be fooled too much. This is how Hanjin Shipping closed down in the previous life;
Another example is that before October 2008, some ships were sold at high prices, and major demand companies rushed to buy them.

Therefore, as long as you understand the cycle, Times Shipping can not only buy bottom ships, but also buy a large number of cheap ships;

You can also make a lot of money during the peak shipping period;
It is also possible to sell ships in advance, or sign a large number of long-term lease contracts.

Earn several times!
In the end, Lin Zuhui said: "Time Shipping still needs to develop a core business, which is ship leasing service and aircraft leasing service. I hope you can complete the establishment as soon as possible. In short, you are all top business elites from all over the world. With the support of the group's large amount of funds, the management system and operating efficiency of Times Shipping Group are lower than those of Maersk and Mediterranean Shipping Company."

These people are all high-paying talents, and they are tempted by the investment scale of New Era Group, so they all quit.Times Shipping's preliminary plan is to invest more than US$100 billion within three years.

"Yes, BOOS"

Next, Lin Zuhui became an audience, and a group of executives began to discuss specific tasks.

In fact, Times Shipping is making money no matter what, it only relies on leasing services.

However, Lin Zuhui hopes that Times Shipping will be better than Maersk in his previous life and become a real world giant.

The other three major businesses: sea/air freight, port/tugboat, logistics/transportation
Among them, sea/air transportation requires excellent management systems and company efficiency, so as to attract customers; in this regard, Maersk has a great advantage, because many large companies in Europe and the United States are loyal customers of Maersk, such as IKEA, a furniture giant. Wherever it goes, it will bring Maersk. This is the case for many giant companies. Even if they enter the mainland, they will bring their own shipping company. Some importers even call for a certain shipping company. services, mainland exporters can only follow suit.

Therefore, the sea/air freight business is the shortcoming of Times Shipping, so Lin Zuhui used acquisitions as a means to take down the original shipping company business; of course, he also likes the achievements of these managements to attract more new ones. Customers; Finally, with Lin Zuhui's brand, he can also attract many customers.

Ports/tugboats, this business is not mentioned, making stable money is also the core business of Hutchison Whampoa; Li Chaoren bought and sold assets in his previous life, but he did not sell the port alone, because he said that it was the core asset of Hutchison Whampoa.

Logistics/transportation, this is a business that has gradually become profitable after the millennium.After witnessing the collapse of many shipping companies in the previous life, Maersk immediately made efforts to develop logistics/transportation, especially logistics, which is much more stable than shipping.

Therefore, the four core businesses formulated by Lin Zuhui are equivalent to the core key of 'making money'.

In a meeting with the senior executives of Times Shipping, Lin Zuhui, apart from giving a few outlines, took notes and listened carefully, which made the senior executives even more admired.The boss is not a layman in shipping, because the boss has been doing shipping for nearly ten years.

But other people are very humble, except to explain the general direction to everyone, and rarely express any other opinions; and once they express their opinions, everyone can clearly feel that the boss is very convincing and professional.

After a meeting, all the top executives went to all over the world to build the giant ship of Times Shipping.

Lin Zuhui only needs to pay attention to their progress. In addition, the group executives are also paying attention.

On the whole, the management rights of each subsidiary are very powerful, but they happen to be under Lin Zuhui's outline governance.

Such a large group organization has more advantages than any large group in the world, at least it will not incur losses.

Real estate is like this, and shipping is like this, all of which are highly cyclical;

The hotel industry itself is an industry with small profits and high sales, but it is stable, and it is rare to hear of big hotel groups going bankrupt;
As for the management of commercial real estate, as long as the debt is low, there will be no loss in ten lifetimes, it is a charter company;
Beverage and food, the future profiteering industry, the brand is the long-term guarantee.

On the whole, New Era Group is not only stable, but also has great development.

(End of this chapter)