Hong Kong's new giants

Chapter 84 [The difference between the rich and the rich]

Early July.

Central, Li Jing Building.

Lin Zuhui stood in front of his office window, overlooking the prosperity of Queen's Road, feeling a little uneasy.

In ten months, he became a well-known rich man in Xiangjiang, owning three companies, including a listed company.

Among them, the "Dreamworks" film company does not talk about it, after all, he is not in the mood to do it;

Wanhui Publishing House holds two best-selling magazines, with a monthly profit of more than 230 million, which can provide itself with a mouthpiece in Xiangjiang;
The most important asset, of course, is New Era Real Estate, with a current market value of 4.5 million. He holds 34.7% of ordinary shares and a large number of warrants. The company's asset value is nearly 4 million, and its net assets are also 2.5 million.

In terms of net worth, Lin Zuhui can barely count as [-] million, and he is also considered a rich man in Xiangjiang!

So, how many rich people are there in Xiangjiang?
With a family fortune of one million, even Xiaofu can't be ranked.Some people say that if a brick falls from the sky, it will smash the head of a 'millionaire'.This is no exaggeration. An ordinary family in Xiangjiang costs 500,000 yuan for a house, and those who live better are worth nearly one million yuan. Therefore, this kind of family can only be regarded as a well-off family.

香江有人列出这样的标准：千万身家只能算‘富家’，1—10亿才够富翁，10—20亿算‘富豪’，20—100亿可称为‘超级富豪’。

Lin Zuhui can only be regarded as a 'rich man', and this is a lot of money, which is all supported by the market value of New Era Real Estate; at this time, Xiangjiang stockholders have an inexplicable sense of following Lin Zuhui, and everyone thinks that Lin Zuhui can 'point stone' Into gold', natural new era real estate will be highly sought after.

Standing in the office of one's own property, overlooking the prosperity of Xiangjiang, there is no doubt a great sense of accomplishment.

Of course, the entire Li Jing Building cannot belong to New Era Real Estate, only the 11th and 12th floor properties belong to New Era Real Estate. The value of the two floors is about 4000 million, which is one of the core assets of New Era Real Estate.New Era Real Estate also has a shopping mall in Central, with a total value of more than 6000 million, which is also one of the core investment assets.

"dong dong"

There was a knock on the door, and Lin Zuhui slowly returned to his seat.

"Come in"

Liang Zhenxun walked in, Lin Zuhui motioned him to sit down on the sofa, and he was leaning on the Italian leather seat, obviously in a good mood!

"Boss, tell you something interesting and useful!"

"Tell me about it!"

Liang Zhenxun has a smile on his face and is full of energy. He feels that his career will usher in a second spring; the first spring is of course HSBC Bank, who was promoted from an ordinary employee to a senior employee (the management of Xiangjiang is also a senior employee).

"That's right! Hang Lung Properties' Xinghua Village project in Chai Wan was supposed to sell 7 residential units on July 8, but I didn't expect that there would be speculators, brokerage companies, and people queuing up on July 448. Going to line up, during which there were club members with tattoos going to the tip (jumping the line), which almost caused a riot.”

Lin Zuhui nodded and said, "It's really interesting and useful news! Queuing up to grab a house eight days in advance has broken the record of the longest queue to buy a house in Xiangjiang; this just shows that Xiangjiang's real estate has ushered in a real rise. Speculators have entered the scene."

Every time housing prices in Hong Kong soared, speculators contributed a lot. Generally, 90% of people who bought houses were speculators; in the [-]s, it even exceeded [-]% of speculators; so that the government quickly introduced policies to curb the overheating of speculators.

Liang Zhenxun said: "That's right! I heard that someone shouted at the scene that if he snatched the 'sale application form', he would sell it for 5 yuan."

Really fucking amazing!

But even in such a market, Hang Lung Properties also insisted on selling the 8000 houses in their hands by selling off-plan properties.For Hang Lung Properties, anyway, their land is in cooperation with the subway company, as long as there is a suitable profit, they will sell it.

Be steady!

The strategy of New Era Real Estate is completely opposite. Lin Zuhui wants to build New Era Real Estate into a giant in a short period of time.Only in this way can we buy a large number of high-quality properties in advance, so that we can live in peace of mind in the future.

Therefore, Lin Zuhui said to Liang Zhenxun: "Recently, I will discuss loan matters with several companies in the future. You should mobilize people from the marketing department to search for high-quality properties and land."

Liang Zhenxun reminded: "Is the debt ratio a little higher?"

The current debt ratio of New Era Real Estate is [-]%, which is actually not very high.

"There is no need to worry about the debt ratio. As long as the real estate market rises, our assets will be revalued. It will be much higher! Even if the debt ratio is [-]% to [-]%, it is worth taking risks in the short term! What's more, shareholders are chasing our stocks. Perhaps we will soon be able to raise funds through a rights issue.”

Lin Zuhui has a sense of urgency, and he is also a bit competitive; as far as he knows, in 1987, Liu in his previous life was able to spend 24 billion to buy two buildings in Landmark - the Royal Building in Causeway Bay and the Harcourt Building in Wanchai.

The current Da Liu is actually about the same as his net worth. He can develop to such a degree within two years. In addition to attacking the stock market, Da Liu’s crazy rights issue fundraising is also the reason for the rapid expansion; the most important thing is that he acquired Huazhi and China Entertainment , the three companies raised funds through the rights issue together, the scene was very spectacular.

Raising funds in the stock market does not require interest, so it is indeed a good move, provided that investors think your stock has a future and the market is good.

Moreover, for Lin Zuhui to raise funds in the stock market, there is another advantage. He does not need to issue rights at the original price, because he has a large number of warrants; as long as the company's stock price reaches the ideal state, he can pay a certain price difference.

"Okay, I'll make arrangements!"

Liang Zhenxun felt that the boss was full of confidence, and he was deeply affected.

Before leaving get off work, the assistant reminded Lin Zuhui that there was a banquet to attend tonight, so Lin Zuhui put down his work and prepared to leave.This banquet is a grand event in Xiangjiang's media industry. Lin Zuhui aspires to be a media tycoon in Xiangjiang, so naturally he will not refuse.

At the entrance of the hotel, Liang Guanhui, editor-in-chief of "FHM", was already waiting for his boss.

"Boss, there are a lot of people from the media attending tonight, including Mr. Jin and Ms. Hu. It is a semi-official dinner organized by the Press Association, Magazine Association and other United News Agency."

Lin Zuhui nodded. For Wanhui Publishing House, he always only cares about capital operation and overall control, and Liang Guanhui usually attends some unimportant events on his behalf.Because of this, the invitation letter for this dinner was sent to Liang Guanhui by someone else.

"go in!"

Hong Kong's publishing management is very 'free', as long as it does not involve serious political orientation, you are allowed to publish; because of this, the market is full of pornographic and violent magazines, and only after a large number of complaints about a certain magazine, the Hong Kong government Only then will they interview and seize those bad magazines, but they will soon revive.

After entering the banquet hall, it suddenly felt very lively, and everyone gathered together to chat.There are a lot of people gathered in several places, there must be industry leaders there, and everyone rushes to greet them first.

(End of this chapter)