The Birth of the Hong Kong Island Family.

In April, a "List of Hong Kong's Top Ten Financial Groups" published by the Hong Kong Economic Journal aroused public opinion in Hong Kong.

In this list, the market value of listed companies controlled by various families in Hong Kong is listed. HSBC, which is a publicly listed company (without family control), is not included in this list. The total market value of listed companies controlled by the top ten consortiums is even more. 52% of the total market value of the Hong Kong stock market.

In this list, the Lin Zhichao family has an absolute advantage with staggering numbers, which is shocking. The specific list is as follows:
  1、林志超家族 708亿（长实集团305亿+和记黄埔160亿+港灯75亿+九龙仓150亿.）

2. Kadoorie family 185 billion

3. Keswick family 145 billion

4. Schweizer family 115 billion

5. Guo Desheng family 95 billion

6. Zheng Yutong family 78 billion

7. Lee Shau Kee family 72 billion

8. Li Jiacheng family 68 billion

9. Chen Zengxi family 35 billion

10. Tang Zhongyuan family 32 billion

It can be seen from this list that Lin Zhichao's family is the only one, and the total number of listed companies controlled by the family is almost the sum of the other nine.

at the same time:

In the previous life, Bao Yugang's family controlled a total of 200 billion listed companies during this period. Now they suddenly have no chance to be listed. After all, their achievements in shipping are limited, and they also suffered a lot if they did not land in time. It can be said that Li Jiacheng achieved Bao Yugang's success in his previous life. After all, without the Wharf Group, his landing would not have been so smooth.

During this period in the previous life, the Keswick family controlled a market value of 220 billion listed companies. Now it has been reduced by about [-]%, which is very miserable.

Of course, it must be admitted that the Hong Kong economy is about 10% better than the same period in the previous life (Lin Chi-chao's contribution), and the stock market situation will also be different.

For example, the market value of Changshi Group exceeds 300 billion. A big reason is that its overseas investments have been successful, including investments in Singapore, Japan, and the United Kingdom. The news has more or less spread out.

The Lin Zhichao family controls 708 billion listed companies. In fact, everyone knows that this is still a lot less. Cheung Kong Industrial Group, Media Group, Universal Group, and Shangri-La Hotel Group have not chosen to go public, or only their subsidiaries are listed companies.

Of course, if Lin Zhichao's net worth is calculated, the wealth list only counts the shares held by Cheung Kong Group, Wharf Group, and Uniqlo Group, which is almost more than 260 billion Hong Kong dollars. Among them, the shares held by Hong Kong Electric and Hutchison Whampoa cannot be counted in Lin Zhichao's net worth.

Calculated in this way, Lin Zhichao's net worth is not very rich in the world. After all, his wealth is only 35 billion US dollars.

Changshi Group, Chairman's Office.

"Father"

Lin Ruihuan walked in and said respectfully.

Lin Zhichao raised his head, nodded, and said, "Is the matter of buying a stake in the Canadian Imperial Bank of Commerce done?"

Lin Ruihuan said: "It's done, I returned to Hong Kong yesterday."

Although the father and son live together, Lin Zhichao's current whereabouts are erratic, and his wife and children all know that he is keeping a lover outside.

Lin Zhichao said: "Well, this investment is very cost-effective, not because it can bring stable profits, but more because it has established a close relationship with the Canadian Imperial Bank of Commerce and its president Henrik, and laid the foundation for subsequent investments in Canada. "

Lin Ruihuan said: "I understand! But when investing in Canada, it must be Hutchison Whampoa. Cheung Kong Group has now begun to rebuild Miramar Plaza into Raffles City (Kowloon), and the funds have temporarily had investment channels. Moreover, in a North American country like Canada, the location The industry’s return rate will certainly not be high!”

Lin Zhichao said happily: "So, I let you become a director of Hutchison Whampoa this year, which is the beginning of your exposure to Hutchison Whampoa's business. Don't be anxious, Hutchison Whampoa's business is mainly about continuing to learn."

Lin Ruihuan nodded and said, "I understand what father means!"

Of course he understood that his father believed in Ma Shimin, and it was not appropriate for him to interfere in Hutchison Whampoa's affairs for the time being. He had to do it step by step.

When his father appointed Merliss and Fok Jianning as directors of Hutchison Whampoa, it was to serve as his frontline.

Today, Cheung Kong Group has several important business projects underway, including:
  Yangtze River Plaza: 500 million square feet of commercial area, one shopping mall, two hotel buildings, and two office buildings.

Cheung Kong Group Center Building: 125 million square feet of commercial area, purely office building, the future headquarters of Cheung Kong Group.

Singapore Pacific Plaza: 120 million square feet of commercial area, a five-star hotel, and a large shopping mall.

Exchange Square Phase II: 50 square feet, a 36-story commercial office building and a shopping mall.

Raffles City (Kowloon): 100 million square feet, a shopping mall and an office building.

The total construction investment for the five large-scale commercial projects is tens of billions (excluding land costs).

Therefore, the current cash flow of Cheung Kong Group is not sufficient. After all, it has also invested in commercial projects in Japan and the United Kingdom.

Shortly after Lin Ruihuan left, Hutchison Whampoa President Ma Shimin came to Lin Zhichao's office to report on his work.

At present, Ma Shimin is considered to have great power in Hutchison Whampoa. He has more power than the presidents of Lin Zhichao's other companies; of course, this is due to Lin Zhichao's trust.

"Boss, we have recently found an investment project and would like to report it to you!" "Okay, do you have any information?"

"some"

Ma Shimin handed an English document to Lin Zhichao and reported it at the same time. He knew his boss's style.

"We are preparing to acquire 4.99% of the shares of Pearson, a British company, and it is expected to cost 5000 million pounds (about 5500 million U.S. dollars). This company is a diversified enterprise group listed on the London Stock Exchange. Its businesses include the famous "Financial Times", "The Economist", Longman Publishing House, the investment bank Lazard, a ceramic manufacturing company, a 65% stake in the US listed oil company Camco, a 2-acre farm in California and some valuable properties in the UK, etc., have a strong international reputation."

After listening to this, Lin Zhichao said: "Do you plan to secretly purchase 4.99% of the shares before making further investments?"

The British stock market is different. If it exceeds 5%, an announcement must be made.

Ma Shimin nodded and said: "Yes. Of course, we are making a good-faith acquisition. We will acquire 4.99% of the equity, and then show off to Pearson to seek the possibility of further cooperation. In the worst case, it will provoke Pearson If the major shareholders resist, we will still not lose money and can cash out from the stock market. I believe it is also a good investment.”

Lin Zhichao said with satisfaction: "Well, your idea is good, you can give it a try!"

After all, there is a think tank team, so this kind of investment does not require too much hesitation. However, Lin Zhichao guessed that this investment is indeed unlikely to achieve further success, but it can be regarded as the first step into the UK.

At present, Hutchison Whampoa's funds are relatively abundant. Last year, it created a profit of 18 billion Hong Kong dollars, surpassing Cheung Kong Group (15 billion). Of course, the asset value of Cheung Kong Group is higher than that of Hutchison Whampoa.

When Hutchison Whampoa acquired Hong Kong Electric, it did not borrow a penny, and now Hong Kong Electric can bring stable dividends to Hutchison every year (Hong Kong Electric made a profit of 1985 billion in 10).

In 1984, Hutchison made a profit of US$2 million, which was then used to invest in Japanese real estate. Today, it has a huge profit on its books.

To sum up, Hutchison Whampoa's current cash flow is actually more than 20 billion Hong Kong dollars, which is actually quite generous.

In this way, Hong Kong Electric does not actually need to be split up.

In the previous life, Hong Kong Electric Company spun off its non-electricity business 'Jiahong International' and listed it separately; then Hutchison Whampoa purchased Hong Kong Electric's shares of Hong Kong Electric, and Jiahong International purchased the shares of Hong Kong Electric from Hutchison Whampoa. In this way, The formation of Cheung Kong - Hutchison - Jiahong - Hong Kong Electric.

In fact, in this way, the major shareholder's shares will definitely be confessed, but more funds can be raised.

Obviously, Lin Zhichao doesn't need it.

At present, Lin Zhichao holds 62% of Cheung Kong Group, Cheung Kong Group holds 48% of Hutchison Whampoa, and Hutchison Whampoa holds 34.7% of Hong Kong Electric.

As for Golden Harvest International, although it has been established for more than a year, it has not considered listing. It only operates independently as a non-power business company of Hong Kong Electric. Cheung Kong Group has dispatched most of its management to carry out real estate development, and the developed areas Mainly located at the former site of the North Point Power Plant (there were still some land reserves in the early years), as well as a four-star hotel - City Garden Hotel.

As for the old site of Ap Lei Chau Power Plant, it needs to be developed in the late [-]s and sold starting in the [-]s.

In fact.

Within the Cheung Kong Group, four important subsidiaries have also been spun off: Yangtze Infrastructure, Poly Construction, Yangtze Finance Company, and Yangtze Food and Beverage Company.

Yangtze River Infrastructure currently invests in projects such as Anderson Daya Quarry, Qingzhou Yingni, Hung Hom Tunnel, Guangfo Expressway in Mainland China, etc. In the future, it aims to invest in global infrastructure;
  Poly Construction currently not only undertakes the construction of buildings, factories and skyscrapers in Hong Kong, but also participates in overseas construction;

Yangtze River Finance Company is an investment bank. Its investments include Wheelock, Hong Kong Industrial, Wan Cheng Real Estate and other companies, as well as British investment departments.

Yangtze Beverage and Food Company, which owns doll noodles, Red Bull and other products, also holds equity in Café de Coral Catering Group, and Hong Kong and Macau 7~11 convenience stores are its wholly-owned companies.

In addition to these, there are of course two subsidiaries, Yangtze Real Estate and Yangtze Real Estate, which must be the core of the core.

Admiralty, Tower B, Far East Financial Center.

In an office building of just over 2000 square feet, Li Jiaxin, mother and daughter, looked at everything excitedly. This was their business. No, it should be Li Jiaxin's company, but Wu Guofang and Li Jiaming are just looking after it.

Strangely enough, Lin Zhichao didn't seem to have much defense against Wu Guofang and Li Jiaming, and regarded them very much as his own people.

Li Jiaxin threw herself into Lin Zhichao's arms and said, "Brother Chao, isn't the monthly rent for this office building quite high?"

Lin Zhichao smiled and said: "Not much, probably only HKD [-] or [-] per year."

The rent of Central office buildings (23 to 25 Hong Kong dollars per square foot) has not yet returned to the peak in 1981, but there is no problem in recovering in the first half of next year.

Li Jiaxin immediately said: "Oh my God, the annual rent costs 2000 Hong Kong dollars, and our funds are only 700 million Hong Kong dollars! Also, Brother Chao, I recently saw a chaebol list, saying that you have more than [-] billion Hong Kong dollars. !”

A pair of big eyes full of disbelief, mixed with some desire for wealth.

Lin Zhichao said: "That is the market value of the company, which belongs to all shareholders. How much equity do I hold? As for the 2000 million Hong Kong dollars you mentioned, don't worry about it. As long as you perform well, I will make this company stronger and stronger." of."

Li Jiaxin immediately said: "I didn't mean that! Besides, I didn't perform well!"

Wu Guofang and Li Jiaming blushed when they heard this. This girl was brought in and she dared to say anything.

And they have always lamented that men are indeed the same. It seems that Lin Zhichao looks very 'great' and 'amazing' in the media, but he is really a man in front of them.

Lin Zhichao laughed 'haha' and said: "Everything has to be done slowly anyway, I won't treat you badly! With these 2000 million Hong Kong dollars, you can use it to buy off-plan houses in Huangpu Garden or existing houses in Taikoo Shing. In short, it is buying Residences in large private housing estates. I have found a female staff member for you who knows real estate. I will let her work for you later, but don’t treat others badly, she is a talented person!”

Wu Guofang nodded and said, "Well, we definitely believe what you introduced!" (End of Chapter)