Hong Kong's new giants

Chapter 766 [Trillion Cash Flow]

Time flies, and it is 2012 in a blink of an eye.

In early June, New Era Group issued an announcement:
"According to the resolution of the board of directors, Mr. Lin Wenjie was appointed as executive director and vice president"

As soon as the news was announced, it was reposted by Xiangjiang media one after another, because the meaning behind it was extraordinary-the Lin Zuhui family had entered the second-generation handover procedure.

Today's New Era Group:

已经成为一家年稳定盈利在1000亿港币以上的世界巨头——2010年为1080亿港币、2011年为1160亿港币；
It is the world's largest commercial real estate group, the largest shipping group, and hotel group. It is also a beverage and food giant, a beer giant, and a telecommunications giant. It also has a very large scale in the fields of biopharmaceuticals, new energy, retail, and mining;

Its asset value is as high as more than 2.5 trillion Hong Kong dollars, and its market value is about 1.2 trillion Hong Kong dollars, ranking 68th in the world's top [-].

"He has become the executive director and vice president of New Times Group at the age of 24. Mr. Lin Zuhui is a little anxious, isn't he? And he is only 47 years old, he is young, and he wants to take over so early. Hey!"

An investor of New Era Group was a little worried. Over the years, New Era Group, led by Lin Zuhui, has developed steadily and rapidly. It has brought generous dividends to investors and brought huge economic effects to Xiangjiang.

"What's the point? Mr. Lin Zuhui is already the chairman of the board of directors of a listed company at the age of 20. The so-called 'tiger father has no dogs'. Mr. Lin Wenjie has graduated from Harvard at the age of 20. He also has a wealth of work experience in the past four years. Moreover, he is only a vice president. He is also an executive director, maybe it will take ten years before he can really take over!"

"It makes sense! Keeping it by your side and cultivating it in advance is more conducive to the overall situation."

The citizens discussed one after another that Lin Zuhui's family was the prime minister of Hong Kong's business, so everyone was naturally very concerned.

Someone has audited that Lin Zuhui's family's industries affect 30% of Xiangjiang's GDP. The important thing is that these industries are all areas with high added value, not the traditional business areas of Xiangjiang.

New Era Group.

In Lin Zuhui's office, the three carriages of the New Era Group—Chen Bin, Liang Zhenxun, Yuan Tianfan, Lu Xiangdong, the president of the New Era Group (Huaxia), and Lin Wenjie, who had just been appointed executive director, gathered around the conference table to listen to Lin Zuhui's meeting .

Because it is a small meeting, there is no need to go to the group meeting room, it can be done directly in his office of more than 2000 square feet.

"Real estate in the Mainland is growing rapidly, and land prices have become very expensive, so in the next two years, we will gradually reduce the intensity of land acquisition until the beginning of 2. At the same time, we will stop land acquisition within six years. Gradually reduce the land reserve, increase the development of the land reserve, and complete destocking as soon as possible." Lin Zuhui carefully arranged.

He will not run, but he will withdraw from the real estate development field (residential) early, leaving only the commercial real estate business (office buildings, shopping centers, hotels).

After hearing the words, Lu Xiangdong said: "Gradually stop land acquisition within two years, until all land acquisitions are stopped, so that the government will not be aware of it. There is no time to destock within six years. We will make a gradual plan. , and will not have too much impact on society.”

After following Lin Zuhui for many years, Lu Xiangdong naturally understood Lin Zuhui's worries.

Lin Zuhui said with satisfaction: "So, we have to make the whole plan well, and don't let our 'reducing investment' behavior become the wind vane of the market, otherwise we will be shot at the head of the bird. Real estate projects are completed, and there are no new commercial real estate projects.”

Everyone nodded!

"Wenjie, what do you think?" Lin Zuhui asked by name.

Lin Wenjie immediately said: "The chairman believes that the real estate cycle in the mainland is around 2018, so he has made arrangements in advance and will not have a bad influence on the government. And the New Times Group also owns a large number of commercial real estate in the mainland, of which Including 22 Central Plazas, but these properties are concentrated in very well-developed cities. Even if the cycle is adjusted downward, the impact should not be particularly large. The important thing is that we also have huge businesses such as beverages, food, and new energy in the Mainland, so it is bound to Don't give the officials a bad impression, after all, the beverage and food business alone can bring nearly [-] billion in revenue to New Era Group."

Everyone showed appreciation for their face.

Lin Zuhui added: "Officials represent the direction of public opinion, especially in the Mainland, so it means that we can no longer engage in the strategy of selling high and buying low. At the same time, global online public opinion exploded, even our commercial real estate in Europe and the United States. We can no longer speculate in large quantities like before, and it is easy to cause resentment. However, our New Era Group has maintained a cash flow of more than 3500 billion. There is no need to sell high and buy low. We only need long-term stable rent collection. Land is power. Of course , selling some non-performing assets will not have any impact. Xiangjiang will also start to reduce investment in real estate."

The words reveal attention to public opinion, after all, Lin Zuhui's family has big goals.

Since 2008, Lin Zuhui has no longer engaged in property speculation, which is the case all over the world.

The properties that have been bought at the bottom after the financial crisis are all intended to be used for long-term rent collection.

Of course, some commercial real estate will be sold before 2018, but it will not be too big, and the targets are only assets such as poor rent collection and small commercial real estate projects.

After all, the New Era Group is like a giant, and it is not easy to turn around easily.

Next, Lin Zuhui arranged: "Wenjie, you are now in charge of continuing to invest in the lithium mine business and continue to expand Times Mining's shares in global lithium mines."

Times Mining has deployed lithium mines very early. At present, it can be said that the lithium mine shares in its hands are among the top five in the world, and it is the director of many lithium mining companies.

Of course, Times Mining is not directly engaged in the development of lithium mines, but only a strategic investment.

Lin Wenjie immediately said: "Okay, Chairman!"

Yuan Tianfan said with a smile: "I will arrange the handover!"

All along, Yuan Tianfan has been in charge of mining investment, and of course he also has the general manager of Times Mining under him.

Lin Wenjie immediately said respectfully: "Thank you, Uncle Yuan!"

Yuan Tianfan is equivalent to his master, and is also equivalent to the Taifu of the New Era Group, so naturally he should be respected.

It will be about five years before the three carriages retire, and a new generation of management is about to debut.

In recent years, New Times Group has not stagnated in development. Although there are no large-scale acquisitions, there are many small and medium-sized acquisitions, mainly in mineral resources, beverages and food, logistics, real estate, hotels, etc. It can be said that it is fully blooming, and it costs money every year. Invested in tens of billions of Hong Kong dollars.

In late June, a grand wedding ceremony was held at the Four Seasons Hotel in Hong Kong. The reporters were quite shocked by the gathering of guests from home and abroad. The groom was Lin Wenjie, and the bride was Chen Xiujun, who was four months pregnant.

Lin Zuhui also did not expect that at the age of 47, he would be upgraded to be a grandfather. The third generation of Lin Zuhui's family was about to be born, and he was still a male.

Although he didn't expect it, he was very happy to hold a grand wedding for his son.After the bride and groom get married, they live in No. 75 Deep Water Bay, which is considered the patent of the eldest son.

The next day.

Lin Zuhui met Bill Gates who was attending the wedding alone at the Four Seasons Hotel.

He has many political and business friends in the United States. He has always paid special attention to making a good leader in Yingjiang in advance, not asking for help, but not being targeted; at the same time, he has many business giants as friends in the United States. Although Jobs died last year, But Lin Zuhui is still a director of Apple, and has a close relationship with Cook.In addition, Lin Zuhui and Bill Gates, Buffett, Bezos and others are all friends. It has to be said that he has a strong personal charm, not only can enter the world's top business circles, but also get along well relation.

Of course, his hard power is king.

Bill Gates came to Xiangjiang to attend Lin Wenjie's wedding this time, and he also brought one thing with him, that is, he wanted to acquire Activision Blizzard from Lin Zuhui.

Of course, this is just a message released by Lin Zuhui in advance, otherwise Microsoft would not take the initiative to come to the door.

"Microsoft's board of directors is willing to give a price of 122 billion US dollars to acquire Activision Blizzard, and the payment method will be half stock and half cash."

"I accept!"

Bill Gates was very surprised. In his opinion, Lin Zuhui is still very "stingy" and enjoys the process of making money very much.

"Could it be that our asking price is high?" Bill Gates said with a smile.

From the words, it can be felt that the relationship between the two is not limited to cooperation, but a good private friendship.And the Activision Blizzard acquired by Microsoft this time is Lin Zuhui's private company after all, so it's harmless to make some jokes appropriately.

Lin Zuhui replied: "Not at all. The online game market is very promising. I will keep it for another seven or eight years, and it may be worth 500 billion U.S. dollars. Of course, Microsoft has paid 61 billion in shares. I believe there will be a very large market in the future." room for appreciation.”

Next, Lin Zuhui fought for some benefits for the management and employees of Activision Blizzard. Of course, it was just a matter of convenience.

At present, Microsoft's market value is only 2700 billion US dollars, which is equivalent to paying a little more than 2% of Lin Zuhui's stock.But Bill Gates is not heartbroken at all, he understands the prospect of Activision Blizzard.

Bill Gates changed the subject and said: "You earn so much money, you should make your charity work bigger. Although your annual donation is about 5 million US dollars, it is obviously not equal to your wealth."

KAO, this is the first time Lin Zuhui directly felt the 'moral kidnapping' after meeting the Bitch of the Virgin Mary.

Of course, he is not angry with Bill Gates. He knows that Bill Gates has set up a foundation, and even Buffett has donated money to it.At the peak of the previous life, this foundation directly donated 50 billion US dollars a year, which is really remarkable.

Lin Zuhui said seriously: "Of course I will donate more, because I am still young, so I will wait for the investment to be bigger before making more donations."

Bill Gates immediately said: "That's really great. If you want to know more about charity operations, I can have a long talk with you."

Lin Zuhui nodded and said, "Maybe, in three years, I will concentrate on doing charity!"

People are afraid of being famous and pigs are afraid of being strong. Lin Zuhui is not concentrating on his career now, but is concentrating on hiding his wealth and improving his family's influence and positive image.

Since the first half of this year, Lin Zuhui has frequently cashed out the stocks of Apple, Amazon, and Google, and has cashed out more than 200 billion US dollars in total.

At this time, he has cleared his Amazon stock, and still has 2.5% of Apple and Google stocks left.Of course, his Hengjin Investment also bought 2% of the stocks of these companies in the early years, which were dispersed and held offshore.

In other words, Jingwei Capital’s liquidation or reduction of US stocks (Apple, Google, Amazon) will not affect Hengjin Investment’s holdings of 2% of the stocks, nor will it affect the 0.5~0.9% held by Lin Zuhui’s five women.

Jingwei Capital now sells Activision Blizzard, which means that he only has Kingston (unlisted), as well as 2.5% of Apple’s stock, 1.9% of Microsoft’s stock (traded), and 2.5% of Google.

And what he got was a cash flow of more than 250 billion US dollars.

At the same time, he started selling gold spot in February last year. In more than a year, he has sold 2 billion Hong Kong dollars, leaving about 2800 billion worth of gold to continue to sell.When the price fell below $4100 an ounce, he stopped selling and kept holding it.

Lin Zuhui also sold gold through Octopus Bank, Lukfook Jewelery and other channels, and it was not in a big way, so he paid a little attention.The important thing is that he can choose not to sell, and keep the gold in his hands anyway, which is similar to storing it in a bank. Even if gold falls next year, it will rise back in the future.

It is estimated that the cash flow in his hands will be as high as more than 1.2 trillion Hong Kong dollars (including gold). These funds are mainly stored in Switzerland, Ireland, Singapore, and Hong Kong, and the scale of Xiangjiang will account for as high as 60%.

75 Deep Water Bay.

Lin Zuhui, Wang Lingyin, Lin Wenjie, Lin Wentao, Lin Wenhua, and Chen Xiujun were eating together.

No. 75 Deep Water Bay is the 'ancestral house', so Lin Zuhui and his wife would not move out, so Lin Wenjie and his wife lived with their parents.

Of course, Lin Zuhui would not have a party with other women at No. 75 Deep Water Bay for a long time, but at Yunfeng Residence or Shek O Villa.

"Baba, Mom, I want to move out!" Lin Wentao said during the meal.

Lin Zuhui didn't hesitate, and said directly: "Yes, I will live at No. 23 Shixun Road when I return to Hong Kong. It has been renovated for two years and no one lives there."

Lin Wentao immediately said: "Ba, you were very strict with my brother at the beginning, but now you come to me, why do you let me live in a luxury house as soon as you graduate? Do you have low requirements for me!"

A typical financial man with a proud personality.

Wang Lingyin immediately taught her a lesson: "Why are you talking to your father? Isn't he doing it for you!"

Lin Wentao wasn't afraid of Wang Lingyin, so he continued, "Anyway, I don't want to live in No. 23 Shixun Road. It's too big. I'll live in a mansion halfway up the mountain!"

In fact, I don't want to be too constrained!After all, the residence at No. 23 Shi Xun Road, there must be a bunch of servants and bodyguards in the villa.

Wang Lingyin immediately said, "Okay, then you pay my rent and live wherever you want!"

Lin Wentao immediately surrendered and said, "Mom, I just graduated, and I only earn $8000 a month to work at Barings Bank. Please forgive me!"

Seeing that Lin Wentao surrendered, Wang Lingyin felt complacent, and said with a serious face: "Then give you a good reason!"

Lin Wentao was about to speak to Lin Zuhui, but Lin Zuhui had already interrupted: "Okay, I approve. Also, I am not asking you low, but extremely high. In the financial industry, an oversight, a wrong decision, or even an idea , will bring disaster to the enterprise. Lehman for more than 200 years, and even Barings Bank for more than [-] years, are lessons from the past.”

Lin Wentao quickly said seriously: "Dad, don't worry, I will study and practice with my heart."

Lin Zuhui nodded and said, "Well, I will arrange for Barings Bank to give you a project, which is to talk to Canada Goose about buying shares. Barings Bank is marching towards the global luxury down jacket and assisting Canada Goose to go global."

The success of Barings Bank in Hilton Hotel, Gucci, Fila and other brands has given this investment bank a good influence in the industry. At this time, Canada Goose has not yet developed and has not introduced foreign capital, so the hope is very high.

Of course, it is more important to buy most of the shares and continue to let the Canadian family manage, and Barings Bank is only assisting. After all, according to Lin Zuhui's investigation, the family may not completely sell the shares and hand over the management rights.

Lin Wentao's eyes lit up at this moment, knowing that this was a task entrusted to him by his father, a chance to prove himself.

"Father, don't worry, I will definitely learn from my predecessors in this project!"

"Well, it's good to know, and you have to be humble in doing things. I know you are more proud, but you are not qualified yet."

Wang Lingyin immediately added: "Especially in front of you Baba!"

Lin Wentao smiled wryly and said, "I know, Baba is my idol, but you should give me some encouragement anyway!"

Everyone laughed, including the new daughter-in-law, Chen Xiujun, who felt that the family seemed to be from a high family, but they actually got along relatively well.

In Lin Zuhui's plan, Lin Wentao started from Barings Bank, then returned to Octopus Bank, and finally returned to the headquarters of Octopus Financial Group.Get familiar with this financial group step by step, and finally take over.

Then, Lin Zuhui told Lin Wenhua: "Go to the United States to study abroad, study hard, and don't think about anything. Of course, I am very supportive of falling in love in college and cultivating hobbies and interests. People can't just study hard."

The third child in the direct line is Wang Lingyin's oldest son, who only went abroad to study at the age of 17.You know, Lin Wenjie went abroad to study junior high school at the age of 10, and Lin Wentao went abroad to study high school at the age of 14.

The three sons all studied in the United States, and all of them were admitted to famous universities by their own ability. This is something Lin Zuhui is quite proud of.

(End of this chapter)