Rebirth of the Hong Kong Tycoon Era

Chapter 240 [News from the subway station]

In June 1976, the world's gold fell continuously for one and a half years, and the price finally reached the position of 6 US dollars per ounce; Lin Rongheng began to invest in spot gold, with a total cash flow of 123.6 billion Hong Kong dollars, and another 50 billion Hong Kong dollars in loans, with a total investment of 50 million million Hong Kong dollars in gold.

And this time, Lin Rongheng bought in batches of four months, because the price of gold will reach a minimum of 105 US dollars per ounce in the next four months; not only in four months, Lin Rongheng also divided into four banks in three cities Investment: Among them, two Swiss banks invested HK$60 billion (including loans), Barclays of London and HSBC each invested HK$20 billion.

This time, Lin Rongheng directly cut the bank interest to 8%, because Lin Rongheng's loan period is three plus two.

After allocating 50 billion Hong Kong dollars to invest in gold, Lin Rongheng still has a cash flow of 32 billion Hong Kong dollars in his hands, which is enough to deal with Hong Kong's acquisition war and purchase high-quality land; what's more, with the healthy development of Lin Rongheng's companies, banks in Hong Kong are willing to lend .

7 month.

In the conference room of Evergrande Real Estate, a group of high-level executives are having a meeting.

Sitting next to Lin Rongheng was a young man. His identity was Lin Rongheng's secretary, and his name was Yuan Tianfan.

Yuan Tianfan had just returned to Hong Kong, and Lin Rongheng found out by chance that this talent was applying to teach at the University of Hong Kong, so he recruited him and planned to train him personally, so that he would become his son's tutor in the future.

At this time, Yuan Tianfan had been studying for a Ph.D. for two years, and because the tuition fees were too expensive, he planned to return to Hong Kong for development; even he himself did not expect that he would be chosen as a secretary by a big boss.After all, with Lin Rongheng's identity, it is easy to find a doctor to be his secretary.

Lin Rongheng said: "The news that the subway company will bid for the development right of the station building has been aroused by the news. It seems that it may have been in the past year. This is our opportunity to surpass Hongkong Land. We must not make mistakes! As the saying goes, only by knowing yourself and the enemy can you be successful. Fighting wins. We must know what the subway company needs in advance, so that we can respond in a targeted manner!"

All the high-level officials looked at each other, what does the subway company need?

"The subway company must be the real estate company that makes the most profit, so it will give it to the winning bidder"

Everyone had different opinions, and finally Lin Rongheng stopped and said: "Let me tell you! Xiangjiang MTR Corporation is a public company directly under the Hong Kong government. , have to be carried out according to the rules of the market. The ownership of the land on the subway belongs to the Hong Kong government, so the subway company can only buy it from the Hong Kong government with real money. Except for a few discounts, everything has to follow the rules. Therefore, the subway company lacks Cash, they lack a lot of cash. If we want to cooperate with them, we need to have a lot of cash first. If you are the president of the subway company, you will be willing to let the subway company take more than a year after the construction of the project. Is the sales payment due? Will they even be willing to wait to collect the rent?”

Everyone seemed to understand, Zhang Ruohuai said: "In that case, the subway company will be in great trouble due to lack of cash. Therefore, the development rights must first be sold as a cooperation model, and the development rights must first pay the subway company a large amount of cash. Only the subway company wants to see it!"

Lin Rongheng nodded, and said: "The subway company has not officially decided to invite bids, so before that, our company's cash flow must be adequately prepared. We must have at least 5 million Hong Kong dollars in cash flow in our accounts by the end of the year!"

He Rui said: "Then issue new shares once, raise funds of 2 million Hong Kong dollars, and then promise a loan of 2 million Hong Kong dollars to the bank!"

The so-called commitment loan means that the bank allows the loan company to pay out the loan at any time, and the interest is calculated according to the day when the loan is paid out!
Lin Rongheng nodded and said, "Well, do this first!"

Evergrande expects its net profit to reach 2.3 million Hong Kong dollars this year (recovery costs are used to repay loans), so that it can have a cash flow of 6.3 million Hong Kong dollars, which is very sufficient; but there will definitely be other situations in the middle, such as Evergrande Real Estate. This year, the acquisition of Qingzhou Yingni stock held by Lin Rongheng will definitely require a sum of cash.

At this time, the market value of Evergrande Real Estate has reached 28 billion Hong Kong dollars, which has surpassed Landmark; the total share capital of Evergrande is 1.1 million shares, and the stock price is 25.5 Hong Kong dollars. Lin Rongheng holds 48.6% of the shares.I am not afraid of being diluted. Anyway, Lin Rongheng still has land worth 6 million Hong Kong dollars (the cost is only 3 million Hong Kong dollars). When the time is right, Evergrande Real Estate can issue targeted new shares in exchange for the land in Lin Rongheng's hands.

Before the meeting ended, Lin Rongheng said to Yuan Tianfan who was beside him: "Tianfan, you are a student of economics, and you will also participate in this IPO fundraising. Follow President He to study hard, and you must pay attention to timing when approving shares!"

Yuan Tianfan quickly said, "Yes, boss!"

Seeing that Lin Rongheng valued Yuan Tianfan so much, He Rui also mentioned: "With Tianfan's knowledge, he can learn it very quickly!"

After a few brief chats, everyone dispersed. Although Yuan Tianfan was Lin Rongheng's secretary, he was not the kind of secretary who served tea and poured water. Naturally, he didn't need to follow him all the time.

After Yuan Tianfan studied at Evergrande Real Estate for two or three years, he went to work in Galaxy Finance. At this time, Galaxy Finance already had three businesses: finance, securities, and insurance, and it was far from a pure securities company.

In July, the Hong Kong government put out a batch of land in Tsim Sha Tsui East for auction, and Lin Rongheng immediately became enthusiastic.

The land auctioned this time is about 45 square feet, accounting for about a quarter of Tsim Sha Tsui East. There are four pieces of land in total. The entire Tsim Sha Tsui East reclamation land is about 188 million square feet.

Obviously, the Hong Kong government is also very smart and plans to auction these lands over several years.

This can not only stimulate land prices, but also auction higher prices.

Lin Rongheng didn't care what the Hong Kong government thought, but he had to auction off six pieces of land near the sea.

These six sites were Wing On Center, Shangri-La Hotel, Tsim Sha Tsui Center, Empire Center, InterContinental Hotel, and New World Millennium Hotel in previous lives.

As for the inner land, Lin Rongheng will decide according to the opponent's situation.

On the day of the auction, Lin Rongheng met his opponent, that is Xinhe Real Estate owned by Singaporean rich man Huang Tingfang and his son. In recent years, due to the unfavorable situation in Southeast Asia for Chinese, some rich Chinese have come to Hong Kong to invest and share risks.

According to Lin Rongheng's estimation, if Huang's father and son set their eyes on Tsim Sha Tsui, they will be able to raise one billion Hong Kong dollars in at least three years; There are six plots.

(End of this chapter)