Rebirth of the Hong Kong Tycoon Era

Chapter 166 [Plan]

In early September, the sun was shining brightly.

In the morning, the two wives followed Lin Rongheng to the front of the car, their eyes filled with reluctance.

Lin Rongheng hugged left and right, kissed each other, and said with a smile: "Come back tonight!"

The An's sisters immediately beamed with joy, left Lin Rongheng's arms, and watched Lin Rongheng get on the bus to go to work.

After the convoy left, Annie proudly said: "My brother-in-law used to stay out two days a week, but now he only stays one day a week. Sister, do you think I have become more beautiful recently?"

When An Qi heard this, she was displeased immediately. She put on her elder sister's majesty and said: "Nonsense, you are exactly the same as before, and you are more beautiful there! It's been my last year, and I recovered very quickly after giving birth. Look at my figure, Husband doesn’t know how obsessed he is! Even when we share the same bed, my husband spends more time with me, what do you think?”

Annie was so angry that her teeth were itching. This sister didn't give in at all. With an idea, she deliberately said: "In this case, we will start to sleep in separate rooms and choose by ourselves every night. Sister, what do you think?"

An Qi was a little flustered at once. The sisters waited on her husband alone to pull Lin Rongheng back from the fox's den outside. If the younger sister didn't cooperate, her husband would definitely stay outside again more often. Wouldn't it be bad for her to consolidate her position?

"Okay! Our sisters are now in the same camp. If you do this, you will only suffer in the future! Anyway, I have already married your brother-in-law, and my son has also been born; as for you, you have nothing, how dare you relax ?”

Lin Rongheng and An Qi held a luxurious wedding at the end of August. Not only was it costly, but also because the wedding gathered all the high-ranking people in Hong Kong, including Governor MacLehose and other senior government officials, Sanders and other British leaders , the four major families and other Chinese representatives can be described as a grand event.Lin Rongheng's current prestige no longer belongs to the veteran Chinese tycoons. In terms of wealth, there is Evergrande Real Estate; in terms of prestige, there are Modern Newspaper and Universal Pictures.As the mastermind of three listed companies, and so young, he is naturally one of the brightest people in Xiangjiang.

Annie panicked immediately, what her sister said made sense!
"Hmph! Then what do you think I can get?" Annie panicked when she heard this, she followed her brother-in-law without a name, if one day that man got tired of her, then she really had nothing.

An Qi smiled and said: "As a woman, the most important thing is to have children, so that you will always be favored. But you are still young, and you will not be in a hurry until next year! The second is wealth, and you don't need to be in a hurry. Didn’t your brother-in-law say that next year he’ll have more cash in hand, and he’ll give you two sets of luxury houses like this. Not only that, your brother-in-law said, and the business will be entrusted to you. So, we still want Please please your brother-in-law, your brother-in-law is not the kind of person who can't move when he sees a woman. After all, he has only been a woman outside these years, and he is also a married person. "

Annie likes mansions the most, so she quickly took her sister's arm, and the friendship between the two sisters returned for a while.

Evergrande Real Estate.

Lin Rongheng recruited the Three Musketeers, and said: "The stock market is currently hot, and almost everyone in Hong Kong is investing in stocks. We must beware of irrational situations in the stock market. Once the stock market crashes, real estate will also be affected. Therefore, the development of the subsidiary The properties should be packaged as well as possible, and sales promotions will be implemented to speed up the return of funds.”

At this time, the Hang Seng Index was only 550 points. According to Lin Rongheng's prediction, the Hang Seng Index could rise to 900 points this year, which means that it would be dozens of points higher than the original history; It can rise by 350 points, an increase of more than 60%. It can be seen that the subsequent boom in the stock market has actually begun to deviate from the normal track.

Hearing this, Zhang Ruohuai said with a serious face: "Well, our real estate sales are fast, and some real estate speculators have contacted us recently, and I plan to cooperate with them."

Lin Rongheng said: "The down payment is at least 20%, no less!"

Once the real estate plummets and these speculators go bankrupt, Evergrande Real Estate can take back the house, and the 20% down payment naturally does not need to be refunded; in this way, these people will pay for the price equivalent to the real estate price drop.However, the houses recovered by Evergrande Real Estate only need to be re-sold again, with little loss.

Zhang Ruohuai nodded and said, "En! Boss, don't worry, real estate is booming. Those real estate speculators don't know what the risk is. Let alone a 20% down payment, they will agree to a 25% down payment."

Lin Rongheng asked again: "The office building in the Galaxy Center will go on sale tomorrow, everyone must make preparations, especially the safety work!"

Zhang Ruohuai said: "With the police in charge of safety, there should be no accidents!"

Galaxy Center invested a total of 1 million Hong Kong dollars, with a total of 18 square feet of shopping malls and 50 square feet of office buildings; at present, the 18 square feet of shopping centers have been won by Evergrande Real Estate at a price of 8000 million Hong Kong dollars; and the remaining The 50-square-foot office building will be sold to the public, with an average price of about 350 Hong Kong dollars, and the sales amount is almost 1.75 million Hong Kong dollars.

The entire Galaxy Center project can earn a total of 1.35 million Hong Kong dollars in net profits, and the three partners are naturally very satisfied.

For Evergrande Real Estate, the initial investment of 2000 million Hong Kong dollars accounted for 50% of the shares. According to the profit sharing, it can get 6750 million Hong Kong dollars, plus the return of 2000 million Hong Kong dollars of the principal, exactly 8750 million Hong Kong dollars, which are all used. After purchasing the 18-square-foot shopping mall, they can earn HK$750 million.

According to the current rent of this shopping center, it can be said that Evergrande Real Estate brings in a rent of 120 million Hong Kong dollars per month, and the annual rent can reach 1400 million Hong Kong dollars. Excluding the management fee, it only takes seven or eight years to recover the cost; in fact, the rent will still increase. Growth, five or six years to recover the cost is no problem.

Lin Rongheng finally said: "This month, we will repay another 5000 million Hong Kong dollars in loans and reduce the debt of Evergrande Real Estate to 1.5 million Hong Kong dollars! This year, all the funds returned from our development properties will be used to reduce debts, so that our debts will be only 1 million Hong Kong dollars. As for the funds from the stock market, if they are sold at that time, they will be used by the company to develop real estate activities.”

Lin Rongheng's plan is: use this year's development property to withdraw funds to reduce debt holdings to 1 million Hong Kong dollars; the 5000 million funds invested in the stock market are now worth 1.55 million Hong Kong dollars. Assuming that they are liquidated in November, they can become 11 million Hong Kong dollars; The funds were put in the company first, to be used for the development of real estate activities in external publicity, but they were actually put on hold, waiting for the stock market crash to come.

In addition, Evergrande Real Estate will not make loans this year, but chooses to issue new shares in the stock market around November to raise 11 million Hong Kong dollars.In this way, Evergrande Real Estate has a cash flow of 2 million Hong Kong dollars. When the stock market crashes in March, Evergrande Real Estate can save this fund and not carry out real estate activities. The reason is that the real estate is unstable; for appreciation.

This huge sum of money will all be used for the real estate bargain-hunting activity in 1974!

And Evergrande Real Estate itself still has 1 million Hong Kong dollars in debt, and in 1973, Evergrande Real Estate was able to withdraw funds of 1.5 million Hong Kong dollars from the development of properties (the biggest decline in real estate began from the oil crisis in October 1973), so In one way, it is equivalent to that Evergrande Real Estate will not owe a penny.

However, in 1973, Evergrande Real Estate will start the reconstruction plan of high-quality buildings. The company's 10 high-quality buildings and a 1-square-foot high-quality land in Causeway Bay will all be rebuilt into high-rise commercial buildings one after another.

In this way, new loans will naturally increase one after another, and the key business activities of Evergrande Real Estate will also shift from development properties to rental properties.

Outsiders couldn't find any problems with the whole plan. It's not that Evergrande Real Estate didn't have a property development plan. After all, it's still starting a real estate every two months.

The high-quality building reconstruction plan is equivalent to a large real estate activity plan, which will occupy the main energy of Evergrande Real Estate.

(End of this chapter)