Wolf of Xiangjiang

Time flies, another half a year passed, and it was late June 2006.

The headquarters of Wheelock Group is also located in the Taifook Center.

Although Wheelock Group originally owned three Central buildings, they were later sold to the Lam Ching Kit Family Office, completely losing touch with the real estate business. Currently, Wheelock Group does not engage in real estate, and has only a few properties around the world, most of which are for self-use.

This is a very important point for a super enterprise with assets and market value exceeding one trillion yuan, because Lin Zhengjie has proved that he is not a pure real estate developer.

A young man walked into the Wheelock Group, his face had a hint of immaturity and handsomeness, and his eyes revealed a kind of intelligence.

The receptionist at Wheelock Group asked kindly, "Sir, who are you looking for?"

It was a feeling of déjà vu, the reception ladies felt.

The young man said: "I'm a new employee, reporting in today!"

When the receptionist heard that it was a colleague, she immediately became happy, after all, he was a handsome guy.

"Then we'll go to the HR department. What's your name? Do you have an appointment?"

There was already a tone of 'senior' in his voice, but it also revealed a sense of closeness.

"The Human Resources Department probably hasn't received the notice yet. I have an appointment with President Yuan. My name is Lin Wenliang. Excuse me!"

While talking to the front desk, Lin Wenliang looked around curiously.

He had never stepped into the Taifook Group Center, let alone visited the meeting and experienced the hard work of making money. His elder brother was the same, and he did not enter the Taifook Group for the first time until he graduated from college.

Their father was so confident in them that he never told them that making money was hard. Of course, they did not enjoy the real 'second-generation rich life' since childhood. Their parents' reason was simple - money has to be earned by oneself so that it will be more enjoyable to spend.

Their father also taught them that driving a used car and a luxury car are essentially the same, and that their Lin family does not need one to show off; so in the United States, they drive used cars worth a few thousand dollars.

The three receptionists were stunned!

They finally understood a little, who was coming?

His last name is "Lin", and he reports directly to the president. Plus, he looks familiar, so the young master has arrived!

The receptionist who greeted me at the beginning immediately said, "It's no trouble, please follow me!"

The phone is not working. Why does it need to be working? She looks about 50% like the boss. How can she be so fooled?
The receptionist still took Lin Wenliang to the door of the president's assistant's office and asked the president's assistant to contact him!

When Lin Wenliang walked into the president's office, Yuan Tianfan was communicating with Huang Jinghui, president of Wheelock Global Communications, about work.

"Wen Liang, wait a few minutes!"

Lin Wenliang nodded and stood aside, waiting for communication between his two superiors.

After a while, Yuan Tianfan said, "Wen Liang, how many days have you been back in Hong Kong?"

Lin Wenliang quickly greeted, "Uncle Yuan, Uncle Huang, I returned to Hong Kong yesterday!"

Since he hadn't started work yet, he should treat them as juniors. Although he had never been to Wheelock Group, his father had brought him along when he invited these uncles to meet on the yacht. As for Uncle Yuan Tianfan, he was especially familiar with him.

Yuan Tianfan and Huang Jinghui laughed at each other, knowing that the boss was also anxious to get these sons to join the company. It was not that the boss wanted to retire or was old and weak, but that the boss wanted to play in the world, so he trained them early.

"Okay, it's good to start working early. I'm going to fly to Canada soon to discuss a big project. You can follow me and be my assistant!"

Huang Jinghui asked curiously: "Is it the Noranda Eagle Bridge project?"

Yuan Tianfan nodded and said, "Yes, it is this project. The boss said he wants to sell it. Now it has attracted three companies, including Phelps Dodge of the United States, Inco of Canada, and Xstrata, a metal group from the United Kingdom and Switzerland, to buy it!"

Huang Jinghui nodded, his face revealing excitement. As far as he knew, the company had only been acquired for more than a year and a half, but during this period the international copper price had tripled, and other non-ferrous metals had also risen to a similar level.

Then, this company may make a lot of money!
Lin Wenliang was stunned and said, "Uncle Yuan, I just graduated and I don't know anything. Should I start from the grassroots level?"

Yuan Tianfan smiled and said, "Your father said, stay with me for a year and then go to the grassroots level. First, expand your international perspective, and then accumulate grassroots experience."

Since it was his father's will, Lin Wenliang immediately said, "Okay, then please trouble Uncle Yuan. If I do something wrong, you must criticize me. I don't want to do something wrong and be criticized by my father."

The last sentence was also spoken in a joking tone.

Yuan Tianfan knew that the boss's second son was more cheerful than the eldest son. The eldest son was too steady and methodical in doing things, which might have caused him more pressure.

So, he said with satisfaction: "It's good that you know, but you should also be prepared. It's not easy to pass here!"

"Don't worry, I'm ready!"

Afterwards, Yuan Tianfan arranged for his assistant to take Lin Wenliang to go through the entry procedures, and specifically stated that he would have two assistants in the future.

In fact, he has more than one assistant. He has several assistants and secretaries around him.

After all, as the "number one" executive of the Taifook Group, Yuan Tianfan is responsible for a very wide range of businesses.

the other side.

Lin Wenkai, the second son of the second wife, also started working this year. However, he received a choice from his father half a year ago: first, join Chinese Estates Holdings immediately; second, find a job in a real estate company in the United States, work for two years, and then join Chinese Estates Holdings.

It seems that the initiative is in Lin Wenkai's hands in this multiple-choice question, but Lin Wenkai is not stupid. His father gave him the multiple-choice question for no reason and gave him an extra choice. Isn't it that he hopes that he will join an American real estate company to study for more than two years?

What's more, his mother also reminded him that Chinese Estates Holdings had no new projects in the past two to three years, and that Chinese Estates Holdings might have to invest heavily in European and American real estate in the future.

Therefore, Lin Wenkai decisively chose to find a job in the United States and not join the family business for the time being.

As a top student who graduated from Stanford University, it was easy for him to join a medium-sized real estate company in the United States. Moreover, he had been in the United States for ten years and even attended junior high school in the United States, so he was very adaptable in all aspects.

half a month later.

The tortuous takeover battle for Toronto-based nickel-copper miner Noranda Falconbridge has taken a new turn: British-Swiss metals group Xstrata has made an increased cash offer of $182 billion.

The new bid is aimed at thwarting a cash-and-stock offer that Falconbridge had already accepted from Phelps Dodge, an Arizona-based copper producer, and Inco of Canada.

Phelps Dodge and Inco Canada pitched their offer as anticipating continued strength in metals markets and that the combined company would achieve $2008 million in annual cost savings by 9. The savings would come primarily from combining Inco Canada's flagship Sudbury, Ontario, operations with Eaglebridge's.

The news spread back to Hong Kong!

Public opinion was shocked!

As we all know, Noranda Eagle Bridge is a wholly-owned subsidiary of Husky Energy. It only cost a little over 60 USD a year and a half ago. Now, it can be sold for a little over 120 billion USD. Of course, after all, the price of copper has risen from 2200 USD (the price in November 2004) to 11 USD, and other nonferrous metals have also risen by about the same amount, so the price is very reasonable.

In particular, analysts are optimistic about the future growth of non-ferrous metals and believe that there is still potential for further increases.

Some media also pointed out that Husky Energy was very smart this time, attracting competition from three consortiums, especially the active publicity from Phelps Dodge and Canadian International Nickel, which became the fundamental reason why the British-Swiss metal group Xstrata made an increased cash acquisition offer of US$182 billion.

To put it bluntly, Strata is getting a little anxious!
At the same time, Husky Energy, whose original market value was more than 500 billion US dollars, has also seen its stock price soar recently, reaching over 600 billion US dollars in a short period of time.

According to the shareholding of Wheelock Group, the value is as high as HK$3000 billion.

If the equity of Lin Zhengjie's sister Lin Jiaxuan is included, the value is nearly 3500 billion.

No wonder some media started saying that Husky Energy is Lin Zhengjie's "greatest investment".

Toronto, Canada.

Yuan Tianfan and Lin Wenliang lived in a suite and they chatted in the living room.

Over the past week or so, Lin Wenliang has truly felt why his father never told them that making money is hard.

Yuan Tianfan teased: "Wen Liang, do you think making money is easy?"

Lin Wenliang nodded involuntarily.

Yuan Tianfan shook his head and said, "You think too simply. You see it as simple because your father is behind it. In fact, even any international company will make mistakes sometimes, and often a wrong analysis of the situation may cause the company to fail. Taifu Group or Hengfeng Group, both have your father's view of the overall situation, and he is the soul. So it's not that making money is simple, but your father can always buy high-quality assets at the most appropriate time, and always sell assets at the most appropriate time. We just provide important support in operation, negotiation and strategy!"

Lin Wenliang immediately understood that it was not that the money was easy to make, but that he had a powerful father.

Of course, he has understood this principle since he was a child, but this time he felt it very intuitively.

"But if we continue to hold Noranda Eagle Bridge, will it be more beneficial in the long run?"

Yuan Tianfan was very happy to take on this apprentice. He once said in front of the media: "If it weren't for Lin Zhengjie, I wouldn't work for anyone!"

In other words, it is impossible for him to change jobs, and if he does not work for the Wheelock Group, he will definitely not work for anyone else.

Of course, Yuan Tianfan has the ability to do so. His annual income is between 2 million and 3 million Hong Kong dollars. In a special year, this income can be even higher.

The key is that his wife Li Huiling's salary is not low. Last year, her income was 4500 million Hong Kong dollars, only 1500 million Hong Kong dollars less than the annual income of HSBC and Standard Chartered. Moreover, Li Huiling also speculates in real estate.

Yuan Tianfan said seriously: "This involves an international perspective. First, although Noranda Eagle Bridge seems to be large in scale, it is difficult to interfere with pricing because it does not belong to the Western camp. Secondly, mineral resources are becoming more and more giant, and the trend of mergers is that the more time passes, the more the giants will take the initiative. Finally, now is the best opportunity, and of course we can't miss it."

Pricing power and giantization are not something that a company like Husky, which has only been acquiring minerals for one or two years, can participate in.

Lin Wenliang finally reacted and said, "Indeed."

In fact, there are too many aspects involved here, and he still won’t really understand it.

It can be said that Lin Zhengjie is the one who truly decides the future of assets from a strategic level!
Another week has passed.

Husky Energy and Xstrata have officially reached an agreement on a $182 billion deal, and the next step is to wait for approval from the Canadian government.

For a time, it caused a huge global public opinion.

The mainland media also reported the news, expressing regret for the China Minmetals Corporation's missed acquisition opportunity. In fact, the president of China Minmetals Corporation had already lost his position as president the moment he missed the acquisition opportunity of Noranda.

However, mainland state-owned enterprises must go through the "Reform Commission" to acquire overseas assets, and the efficiency is generally very slow!

For many projects, it may take several years to get approval, and as a result, you have already missed the opportunity.

At the same time, the mainland media also reported another incident.

That is Hong Kong's Wheelock Group, which not only holds Husky Energy, but also holds approximately 5% of the shares of Brazil's Vale and 10% of the shares of Australia's FMC Iron Ore Company, etc. Why can a regional enterprise invest so successfully, while mainland enterprises always have no such successful investment cases?

Not to mention, the mainland is still the world's largest iron ore consumer, but now it doesn't even have the pricing power.

mid-December.

Taifu Group.

Yuan Tianfan came to Lin Zhengjie's office and reported his work:

"In the second half of this year, I plan to arrange for Husky Energy to make a large dividend, involving about 60 billion US dollars. Next year, there will be two more large dividends."

In fact, Husky distributed dividends of US$2004 billion each in 2005 and 20, and another US$2006 billion in the first half of this year (20).

It can be said that the acquisition of Noranda did not prevent Husky from paying high dividends.

Because in 2004, Husky earned more than 40 billion, and in 2005 it earned 50 billion. This year's earnings will reach more than 55 billion, all in US dollars.

Lin Zhengjie said: "Well, Husky Energy will not be involved in other industries in the short term except for the development of oil and gas. Moreover, it will not acquire oil and gas assets in the next few years. It can insist on large dividends!"

It can be said that Husky's total dividends in the five years from 2004 to 2008 may have reached 250 to 300 billion US dollars.

Then the amount that Wheelock Group might get is 160 to 190 billion US dollars!
You know, in his previous life, Li Jiacheng's dividends from it were only over 10 billion US dollars over several decades; but now, the Hutchison Whampoa Group has received much more than in his previous life in just five years.

Yuan Tianfan said worriedly: "If this is the case, Wheelock Group can only distribute dividends. After all, there are no assets to invest in now. They are too expensive!"

Lin Zhengjie said calmly, "No matter what, we will all share the dividends. Moreover, the 67% stake in Wheelock Global Communications, India's fourth largest telecommunications company, Wheelock Essar, will be sold by the end of this year or early next year!"

Wheelock Communications has completely replaced the previous Hutchison Telecommunications, so these investments all belong to the Wheelock Group.

In this life, Hutchison Whampoa’s docks are only half of what they were in the previous life. However, Hutchison Whampoa has developed better in the retail sector than in the previous life, and has a large amount of retail assets in Europe.

In other aspects, after missing the opportunity, no matter how great Li Jiacheng is, he can't develop well. Just like losing Husky, Li Jiacheng has no chance to develop energy; losing the lead of Hong Kong Telecom and British Telecom, everything else is out of the question.

Yuan Tianfan was stunned and asked, "Are you also going to distribute dividends from the assets you sold?"

Lin Zhengjie said this time: "Maintain a certain cash flow and dividends must come every year. Anyway, we will sell a lot of assets next year, so you have to be prepared, and it will definitely be global."

Yuan Tianfan understood that the boss had predicted something was going to happen.

He didn't say much, but said firmly: "Okay"

No one has a better say in the general trend than your boss. (End of this chapter)