Hong Kong's new giants

Chapter 757 [2007 Years]

Time flies, and it is 2007 in a blink of an eye.

After New Year's Day.

New Era Group headquarters.

After the stock market opened, Lin Zuhui opened the stock software, and the Hang Seng Index suddenly opened higher and reached 22030 points.

"Awesome, it has increased by more than 5000 points in half a year!" Lin Zuhui couldn't help but sigh.

This is not over yet, according to Lin Zuhui's prediction, the Hang Seng Index will rise to over 32000 points before the 'subprime mortgage crisis'.

In other words, it will rise by more than 10000 points in ten months.

It is a big bull market!
At the end of last year, the total market value of the Hong Kong stock market was 13.88 trillion Hong Kong dollars.

The main reason is that mainland H-shares have come to Hong Kong for listing. For example, Z Bank, China Merchants Bank, and Industrial and Commercial Bank of China raised a total of 2324 billion Hong Kong dollars.ICBC was listed in Hong Kong on October 10, raising US$27 billion, which was called the "movement of the century", making it the new stock with the largest fundraising amount in the world.

This year is destined to be an exciting year, Lin Zuhui thought so.

Every madness, he is the winner;
Every time he falls, he is still a winner.

Duer, the president of Futura Group, came from the United States to report to Lin Zuhui.

"At present, Futura Group's 'Amazon Shopping Center' already has 196. Futura Land has 166 office buildings in the United States, concentrated in New York, West Los Angeles, San Francisco, Boston Canary Wharf Group, in addition to Canary Wharf 1800 In addition to the property area of ​​44 square feet, there are also 900 office buildings in European cities such as London and Paris. According to preliminary estimates, the total assets of Fuli Group are about 240 billion U.S. dollars, and the liabilities are [-] billion U.S. dollars.”

Lin Zuhui nodded, and then said decisively: "From now on, the management of Futura Group will start to sort out the properties with bad rent collection in shopping centers, office buildings and other industries, and then start from February, about [-]% of Futura Group's properties , in about half a year, shopping malls will be listed and sold in batches, mainly on a smaller scale.”

Finish this batch first, and then continue to deal with it according to the situation.

Duer was taken aback, then quickly realized, and asked, "Does the boss think that raising interest rates in the United States will seriously affect the prospects of real estate?"

The United States has raised interest rates frequently since more than a year ago, but the bulls are too strong, and real estate has soared in recent years.In fact, from 2003 to 2007, there was a big real estate bubble in Europe and the United States.

"Well. If others are crazy, we must calm down. This has always been my motto. Futura Group began to expand wildly after the September 911 incident, but now we have to consider avoiding risks."

"Okay, I will immediately arrange to count the details of Fuli Real Estate's asset operations, and prepare to sell [-]% of the assets."

"Remember to sell in batches, don't cause too much market alert."

"I remember."

It seems that about 300 billion assets are sold, but these assets are distributed in Europe and the United States, and it takes half a year, so the impact is bound to be much smaller.

Shopping malls are very easy to sell. Amazon shopping malls are famous in Europe and the United States. Once they are listed for sale, they can attract many buyers. These buyers only need to replace the signboards, and they can continue to operate without closing down.

Office buildings are also easy to sell, who knows that the European and American economies are at a good time, and investors will definitely chase after them.

After arranging Futura Group, Lin Zuhui did not arrange other businesses under the New Times Group. Although he said "not earning the last penny", he could not "not earn the last two cents".

The subprime mortgage crisis broke out this year (November 2007). In fact, there were obvious signs in July and August—major financial institutions in the United States have withdrawn overseas funds to deal with subprime mortgages.

After Duer left, Lin Zuhui calculated that if he could sell 300 billion U.S. dollars in assets, Fuli Group should still have 700 billion U.S. dollars in assets (including cash flow); , Futura Group's total assets should also be 100 billion U.S. dollars (including 600 billion U.S. dollars in cash flow), which is the net assets.

In this way, after the financial crisis, Futura Group was able to regain its net assets of hundreds of billions of dollars in no time.As for the next wave of asset reduction, it is expected to be after 2017.

Fuli Group is not listed, so the outside world does not know much about its assets.

In the evening, after Lin Zuhui got off work, he went directly to No. 36 Shixun Road and spent the night with Li Jiaxin.

As soon as he got out of the car, Li Jiaxin greeted him, holding his arm, with a girlish smile on his face.

Li Jiaxin, 37 years old this year, still has collagen on her face. Many people mistakenly think that she is less than 25 years old; in fact, her eldest son is 15 years old, and her younger son is 12 years old. They are both studying in London.

Being held by Li Jiaxin, I can clearly feel the size and softness of this woman. This is the change brought about by Lin Zuhui. She has changed from B to C.

Although they are old couples, the relationship between the two is still very good, mainly because they keep a good distance from each other.If we saw each other every day, Lin Zuhui would probably get tired of eating.And as early as 1995, Li Jiaxin spent half of the time in the UK and half of the time in Xiangjiang. Of course, she stayed in Xiangjiang and couldn't see Lin Zuhui every day.

Stepping into the villa, Li Jiaxin squatted down to change Lin Zuhui's shoes, which had already become a habit.

"How is it? After the villa is rebuilt, are you satisfied?" Lin Zuhui asked.

No. 36 Shi Xun Road, covering an area of ​​only 1 square feet, was originally the executive house of Standard Chartered Bank, and Lin Zuhui bought it as a gift to Li Jiaxin; after that, it began to be rebuilt after the millennium, and it was completely completed last year.

"I'm so satisfied, thank you husband for personally designing and checking for me!" Li Jiaxin said happily, and sent her own sweet kiss.

Lin Zuhui has been studying architectural design since he stepped into the real estate industry. He has been studying all these years, so when 36 Shixun Road was rebuilt, Lin Zuhui participated in some design suggestions.Of course, it didn't take much energy, but even so, Li Jiaxin was always moved.

"I think you'll like it too. I've known you so early. I don't know what you like and get used to!"

Li Jiaxin was even more moved, and then said coquettishly: "Unfortunately, I am not a young girl!"

Lin Zuhui pinched her face, his hands were still so good, and then said: "Aren't you just a little sister!"

A few words coaxed Li Jiaxin into heaven, not to mention how happy she was.

During the meal, only the two enjoyed a romantic dinner. Li Jiaxin personally poured wine for Lin Zuhui, and took the initiative to pick up the lobster meat and put it into his mouth.

This kind of treatment can not be enjoyed by the rich. It is not enough just for the rich. You have to completely conquer the woman and convince her.

"Husband, will your ex-girlfriend be sad when she gets married?" Li Jiaxin asked jokingly.

Lin Zuhui said angrily: "What nonsense!"

Li Jiaxin held back her laughter and said, "There's nonsense there, and it's been reported in the media. The fourth uncle's daughter-in-law, Xu Ziqi, dated you before! Hee hee, you didn't go to their wedding in Australia this time!"

"Stop! Besides, I'm going to punish you severely today!"

"Then I won't say it."

Li Jiaxin still held back her laughter.

Lin Zuhui was a little helpless, unexpectedly, Xu Ziqi still met Li Jiacheng, and according to reports, Li Jiacheng took the initiative to court him for a year before Xu Ziqi "reluctantly" agreed to this matter.

What's going on with Mr. Li, does he have a special hobby?
Of course, who doesn't have an ex? Didn't Xu Ziqi also talk about Hong Tianming and a Korean Smecta in his previous life?

As Lin Zuhui's 'predecessor', he naturally has a halo.Xu Ziqi and Lin Zuhui had a good time, and their net worth was four to five million Hong Kong dollars, so when Li Jiacheng chased her, he was naturally full of confidence, after all, she was still a master.In fact, Lin Zuhui has been in vain for a few years. When Li Jiacheng was chasing her, maybe Lin Zuhui had sex with her.

Of course, the two of them didn't have much affection at that time. After all, they saw each other once every few months. When Xu Ziqi saw a rich second generation chasing him, he didn't know the reason to choose.

This time when the two got married, Lin Zuhui was naturally not able to attend. Fortunately, Zheng Yutong and Li Chaoren did not attend either. After all, they are old and have to rush to Australia.But those unscrupulous media brought up the old story again, so they made some news.

As for the relationship between Lin Zuhui and Lee Shau Kee, it was more of a business partner, and later they gradually ceased to be business partners, so there is nothing embarrassing about it.

Halfway through the meal, Li Jiaxin sat down on Lin Zuhui's lap in a slightly drunk state.

Li Jiaxin fed Lin Zuhui good wine and food, and Lin Zuhui stretched his hands into the soft place to handle it. The two of them were so "in love" after a meal.

"By the way, start selling your mid-to-low-end residences slowly, and move slowly."

Li Jiaxin immediately asked with concern: "Is the property going to fall?"

Lin Zuhui said with a smile: "What's the drop, it's just a normal sale!"

These mid-to-low-end residences were bought by Li Jiaxin's company as the "agent company" of the New Times Group from 2000 to 2003; the prices have risen a lot now, although they are not as high as the peak in 1997, there is still a lot of room for growth , but it can be shot.

Only then did Li Jiaxin feel relieved, and said softly, "Well, I'll listen to you."

She was relieved, but Lin Zuhui still held her heart in his hands, and soon Lin Zuhui hugged her in his arms and walked upstairs.

Octopus Bank Building.

Lin Zuhui said to He Changhong: "From now on, we must gradually control the deposit-loan ratio, and strive to reduce it to below 42% within ten months."

He Changhong has been with Lin Zuhui for so long, and he already understands that the boss is carrying out "risk control". He knows that the boss's style is-the market underestimates and violently buys bottoms, and starts to tighten investment when the market peaks.

"No problem, I will immediately arrange to tighten the loan approval process and thoroughly inspect the applicant's financial situation."

"In the past few years, we have been aggressive, but we have not encountered risks. On the contrary, we have made a lot of money. Now that Octopus Bank has developed, we need to reduce risks appropriately."

"Um"

Then, Lin Zuhui made another arrangement: "This year, the aircraft leasing financial business will be sold. Find a good time for yourself!"

He Changhong's eyelids twitched, and he realized that the matter was not that simple. He asked cautiously, "Does the boss think that the economic situation will change? The United States?"

"Maybe, isn't the interest rate raised frequently over there, and the subprime mortgage may be a bit serious. Anyway, we made a profit and got out, which is already a very good result."

"Okay. Octopus Bank is now developed, and it should indeed reduce risky investment."

"Let's not worry about the securities and fund business. Maybe there is the last madness. The Hang Seng Index has risen by 30000 points. I don't think there is any problem."

"it is good!"

After He Changhong left, Lin Zuhui showed a relaxed smile. The general trend is really important to the development of a company.How many companies eventually went bankrupt or were seriously injured because they missed the situation.

New Era Group headquarters.

Liang Zhenxun came to Lin Zuhui's office with a smile on his face.

"Boss, last year our profit was 35%, reaching 1220 billion Hong Kong dollars. At present, our cash flow on the account is 2520 billion Hong Kong dollars. Excluding Futura Group's debt, the group's debt is 230 billion Hong Kong dollars."

The acquisition of the beer business last year cost nearly 1000 billion yuan, so the increase in deposits was only more than 100 billion yuan.

Lin Zuhui also smiled and said: "The growth is very strong, which ones stand out?"

Naturally, Liang Zhenxun had already prepared his homework and said: "Among them, the beer business increased its profit by 85 billion Hong Kong dollars. Times Shipping continued to grow by 20%, reaching a profit of 78 billion U.S. dollars. The mainland's real estate business alone earned 80 billion in profits. Beverage and food business profits soared 30%"

Blooming in an all-round way, this is the report card delivered by New Era Group last year.

Of course, in the past few years, it has been inferior to HSBC; however, starting from this year (2007), New Era Group will exceed HSBC's annual profit, because it will sell assets, which means a large amount of non-recurring profit.

Sina headquarters meeting room.

Lin Zuhui is in a meeting with a group of management. As an important business of the 'software/game' department under the media group, Sina.com has always been very important to him.

Sina.com is doing ecology, not just the portal business, but also Sina.com, Sina Video, cloud computing, and offline businesses—outdoor advertising (in the Mainland), and publishing houses (in Taiwan).

At present, the market value of Sina.com is more than 800 billion Hong Kong dollars, which is quite popular with investors.

"How many members does Sina Video currently have?" Lin Zuhui asked.

"It has exceeded 100 million, reaching 110 million, mainly concentrated in Hong Kong, Macao, Taiwan, and Singapore. Especially after the online streaming business was opened, the number of memberships began to increase." The president of Sina replied.

"Optimize the network system as soon as possible!"

"Ok!"

In the past few years, watching movies was not instant viewing, and the network bandwidth has not kept up with it. It takes at least 2 hours to download a movie to watch, such as Thunder and Electric Furnace in the Mainland; even so, in 2005~2006, there were also emerging Dozens of video sites, it can be said that the era of video sites is coming.

In order to seize the Asian market, Sina Video started to spend huge sums of money last year to develop and optimize its own bandwidth and network system, which not only greatly increased the download speed, but also compatible with computers, TVs, and even smartphones that have appeared (Apple smartphones have already make an announcement).

Then, Lin Zuhui said: "In addition to mainly broadcasting Xiangjiang movies and TV series, Sina Video mainly takes the route of self-produced programs. Of course, the current environment is not suitable for large investment, but it can make short films by itself. Sina Video has set up a department dedicated to Responsible for this business."

As Sina's top executives, everyone probably understands what the future of Sina Video will be like. According to the boss's idea, it will be popular throughout Asia.

The president of Sina Video said: "There is a 20-minute short film "A Murder Caused by a Steamed Bun" in the Mainland. If our Sina Video has some such high-quality short films, we will definitely be able to attract more members. Therefore, I suggest holding a competition. Take out huge bonuses to stimulate the enthusiasm of directors or people who like to shoot."

Lin Zuhui nodded and said: "Yes, you can discuss the details yourself. Again, Sina Video will expand its market in Asia, so that more and more netizens can see our Hong Kong culture."

"it is good"

Since March, four major listed companies under Lin Zuhui have released annual financial reports and dividend plans:

New Era Group (market value 1.28 trillion), with an annual profit of 1220 billion Hong Kong dollars and a total dividend of 288 billion Hong Kong dollars;
Media Group (market capitalization: 4100 billion), with an annual profit of 196 billion Hong Kong dollars and a total dividend of 52 billion Hong Kong dollars;
LEIT Group (market value 1350 billion), annual profit of 118 billion Hong Kong dollars, a total dividend of 38 billion Hong Kong dollars;
Octopus Bank (market capitalization: 1200 billion), with an annual profit of 206 billion Hong Kong dollars and a total dividend of 32 billion Hong Kong dollars.

The market value of the four companies reached 1.95 trillion Hong Kong dollars, with a total dividend of 410 billion Hong Kong dollars, and Lin Zuhui is expected to get about 210 billion. Lin Zuhui's book value has reached more than 1300 billion US dollars.

Xiangjiang and the world are all paying attention.

Lin Zuhui can't keep a low profile if he wants to!
Due to his relatively high shareholding ratio, Lin Zuhui not only ranks first in the Forbes list every year, but also ranks higher than the second and third combined.

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