Hong Kong's new giants

"yeah"

"It's not a loss to be the richest man in the world, it's a generous move!"

"However, he just doesn't give money, and I won't ask him for it. What do you think of me!"

Thinking of what happened yesterday, Wu Peici's face turned red, and she sank into it too quickly.

……

On the other side, Lin Zuhui smiled when he thought about Wu Peici.

She has a good figure, [-]% of that of Lin Zhilin, and the figure of "nine heads and body" is still very pleasant.

Of course, you can sing lightly, and you can't be too absorbed.

After all, he now has to consider the 'family', and concentrate on the woman with his child, and just come out once in a while to be cool.

Because of this, he didn't even want to make scandals, and entrusted Fang Jin to do these things for him.

As for Fang Jin running away, it is naturally nothing.

……

"Boss, this month the Hong Kong government auctioned off the land at No. 12 Mount Kellett Road on the Peak. It covers an area of ​​7.91 square feet and has a plot ratio of about 0.593. This land is lower than most areas on the Peak. It is a top-level lot. You can see the sea view to the south of Hong Kong Island .” Chen Bin reported a piece of news.

He knew that the boss liked the mansion on the top of the mountain very much, so he planned to report this 'little thing'.

When Lin Zuhui heard this, he really became interested and asked, "What's the starting price?"

Chen Bin immediately said: "7.68 million Hong Kong dollars!"

Lin Zuhui nodded, and then said: "Get the land first, and then I will arrange the land later!"

"Ok!"

After Chen Bin left, Lin Zuhui took out a map and found the land at No. 12 Mount Kellie Road. Soon he understood the exact location of the land.

This piece of land is very good, you can see the sea view to the south of Hong Kong Island, and you will feel good.

In fact, if this piece of land is replaced by other real estate developers, they must build 12 bungalows and make full use of the plot ratio, so that each bungalow can have a floor area of ​​4000 square feet.

Even so, the price of such a bungalow in the future (after 2014) will be more than 6 million, that is, about 150 million Hong Kong dollars per square foot. [In the previous life, this place ranked No. 10 on the list of the top 2014 super luxury houses in Asia. In 8.191, the asking price of a house was 6.73 million Hong Kong dollars (about 154 million yuan), and the price per square meter was about [-] million yuan. 】

In this way, if the New Times Group develops it, it can earn at least 40 billion Hong Kong dollars.

But Lin Zuhui's plan, after New Era Group took it, designed the building according to his ideas, and sold the off-plan house to Lin Zuhui after 2008.Of course, the price will definitely allow New Era Group's annual rate of return to not be lower than 10%, and it will not be lower than the market price, so as not to gossip.

Chapter 753 [Strong funds]

Hong Kong Government Land Auction House.

The auctioneer enthusiastically introduced: "Next, the auction of the No. 12 land on Mount Kellett Road on the top of the mountain will begin... The starting price is 7.68 million Hong Kong dollars, and each bid is 3000 million..."

Next, major developers took the shots, including the most powerful real estate developers-New Era, Sun Hung Kai, and Cheung Kong.

With the passage of price time, the asking price has reached as high as 30 lots, and the price has also reached 16.68 billion, but the competition is still fierce.

At this time, the auctioneer naturally knows how to mobilize his emotions: "Okay, the next bidding price is 2000 million, please continue!"

Why lower the asking price? This is precisely the means to get a higher price.

"18 billion Hong Kong dollars." The three brothers of Sun Hung Kai quoted a high price.

The person who came to participate in the auction was Chen Xiaofen, the president of New Era Real Estate. She was a girl, but she was a veteran of the auction house.The auction strategy of New Era Group in the past few years has made the major real estate developers confused.

Everyone thought that New Times Group had sufficient cash flow, and Lin Zuhui was very optimistic about Xiangjiang's economy, so New Times Group should be very brave in the auction market.

In fact, New Era Group has changed from being a "big real estate friend" in the past and has become more cautious.In the official land auction house, it can only be said to be the third and fourth position.

"18.2 billion Hong Kong dollars...the first time on the 18th..."

The major real estate developers took a deep breath. The price of this piece of land has doubled from the reserve price, which shows how hot it is.

Of course, the land on the top of the mountain is extremely scarce, and this piece of land is so large, that's why it's so intense today.

However, if it is 18.2 billion Hong Kong dollars, the cost per square foot of the floor is already as high as 4.5 Hong Kong dollars, and the construction cost is already as high as 5 Hong Kong dollars per square foot (that is, 50 per square meter).

In the next few rounds of confrontation between New Times Group and Sun Hung Kai, the price has approached 20 billion.

"Brother, this price is a bit expensive!"

"That's right, the New Era Group is a little bit bound to win this time, forget it."

The three Sun Hung Kai brothers had a lot of discussions in private. At this time, the three brothers had not completely broken up and could still be united.

"No. 18...19.2 billion Hong Kong dollars...the first time...19.2 billion...the second time...the transaction...Congratulations to No. 18"

Chen Xiaofen breathed a sigh of relief when the New Era Group was successfully won, and all major real estate developers came forward to congratulate them.

Everyone is an old opponent, and will not bid maliciously. Today's auction price is more than double the reserve price, it is purely because this piece of land is rare.

……

The next day, the media reported the auction.

It is widely believed that the land on the top of the mountain will become the most expensive piece of land in the world in a short time.

Hong Kong has always been famous all over the world for its large number of luxury houses. According to the international authoritative financial magazine "Forbes" released the top ten most expensive mansions in Asia this year, from No. 1 to No. 9 on the list are all covered by Hong Kong luxury houses.

Industry insiders estimate that in the next few years, the market will supply at most [-] or [-] luxury residential lands like this auction. The "supply exceeds demand" is an important reason why luxury residential properties in Hong Kong have always been popular in the market.

However, what do ordinary Hong Kong citizens think of the high price of the land on the Peak?

"Did you know that a piece of land was auctioned for 19.2 billion Hong Kong dollars a few days ago?"

"It's on the top of the mountain, right?"

"What do you think, such a high property price?"

"I think some people are very rich, some people should be very rich, and some people can afford it."

"I don't think it's surprising that New Times Group took this luxury land. People in Xiangjiang know that Mr. Lin Zuhui likes super-large luxury houses, so he can't miss this opportunity."

"Do you think Mr. Lin Zuhui will use this land for himself?"

"I think it may be. You must know that Mr. Lin's annual dividends are more than 100 billion yuan. It is nothing to invest billions of dollars in building a mansion. Of course, Mr. Lin is also willing to give, donating 30 billion yuan every year." Hong Kong dollars. So, sprinkle water!"

……

When he came to No. 12, Mount Kellett Road, Lin Zuhui remembered that this place should be the TWELVE PEAKS top mansion developed by Sun Hung Kai in his previous life. There are a total of 12 buildings with a price of about 15 Hong Kong dollars per square foot, and the total value of the 12 buildings is more than 75 billion.

For a while, he was a little bit reluctant.

"Let's design according to 10-12 independent bungalows, and strive to create the top luxury residential area in Asia!" In the end, Lin Zuhui still decided not to develop super large garden-style villas.

At present, he already owns many garden-style villas on the top of the mountain, and there is no need to reduce the number of villas on the top of the mountain for personal enjoyment.

"Okay, I understand!" Chen Bin said respectfully.

I thought the boss was planning to build the No. [-] mansion in Asia like 'Yunfengju', but he gave up.

But it's normal to think about it. The boss currently has four super garden-style villas with an area of ​​more than 2 square feet, namely No. 75 Deep Water Bay, Shek O Mansion, and Yunfeng Residence (covering an area of ​​4.4 square feet). , No. 23 Shi Xun Road (covering an area of ​​6 square feet).And the boss has three direct sons, plus the boss and his wife, enough to use.

On the way back, Lin Zuhui thought for a while, and still planned to buy all the property rights of 12 Mount Kellie Road at a certain time, and it would be good to learn from the "Lin's Imperial Palace" back then.

……

Time flies, and it is August in a blink of an eye.

Octopus Bank Building.

"As of June 2200, Octopus Bank's total assets reached 5350 billion Hong Kong dollars, and its deposits reached 10 billion Hong Kong dollars...The mainland business has further grown. There are already 415 business locations and [-] employees..."

"In terms of total assets, the gap with Bank of East Asia (Bank of East Asia was 1920 billion Hong Kong dollars last year), which is about 40% of Hang Seng Bank (Hang Seng Bank's total assets were 5800 billion last year)."

"In terms of deposits, we are three times that of Bank of East Asia and twice that of Hang Seng Bank..."

He Changhong, the president of Octopus Bank, is seriously reporting to Lin Zuhui. He has a proud and happy expression on his face because Octopus Bank has developed so fast in the past few years.

Lin Zuhui nodded and said: "The overall operation is good. When it's time to adjust the strategy, I will notify you in time."

He Changhong's spirit was shaken, and he quickly said, "Yes, we must abide by the boss's general policy to operate the banking business."

With the guidance and support of the boss, Octopus Bank developed like flying an airplane, and it only took two to three years for its assets to double, which is a miracle.

original:

First, Lin Zuhui has 1000 billion personal deposits in Octopus Bank. New Times Group, Media Group, and LEIT Group are all large depositors in Octopus Bank. The deposits of the three companies have also reached more than 1200 billion in Octopus Bank.The deposits of more than 2200 billion are like an "oil backer". The loan-to-deposit ratio of Octopus Bank has reached a height of 48%, while that of other banks is only about 33%.

Second, Octopus Bank's investment was a big success.Aircraft leasing finance, property, securities, gold, etc. have reaped a lot of profits; investing in the Bank of Korea in the past few years has earned nearly 300 billion in profits, and Octopus Bank has also invested 300 tons of spot gold and has earned about [-] billion (individuals) After buying, continue to invest).

Third, financial management, funds and other businesses are also very profitable.

Fourth, the service is good, the equipment is advanced, and modernization is at the forefront.

To sum up, Lin Zuhui didn't take much part in the management except that, in fact, Octopus Bank was a financial tool in his hands.

To put it simply, if it wasn’t for his personal and company funds as a guarantee, and his setting of the loan-to-deposit ratio, his income would be greatly reduced every year; Hang Seng Bank lends 700 billion yuan, while Octopus Bank can lend about 2600 billion yuan, a full three times gap.

After He Changhong left the office, Lin Zuhui became deep in thought.

The loan-to-deposit ratio of Octopus Bank has always been criticized by the Bank Association and financial people, but fortunately, there is a famous brand of Lin Zuhui, so the credit is very good; in addition, several major enterprises under Lin Zuhui actually revolve around Octopus Bank, forming a Formed a consortium, more stable as Mount Tai.

Idiots understand that Octopus Bank's deposits are more than twice that of Hang Seng Bank for two reasons:

First, Lin Zuhui's other companies, as well as himself, have deposited a large amount of wealth in this bank.

Second, Lin Zuhui himself has good credit (he dealt with bankrupt banks that year) and great influence, so Hong Kong citizens like to deposit their money in Octopus Bank.

In fact, even if the funds of Lin Zuhui and his company are not included, the deposits of Hang Seng Bank are a little less than those of Octopus Bank.

There are two reasons why Lin Zuhui helped Octopus Bank develop rapidly:

First, the Octopus Financial Group holds 75% of the shares. A high shareholding naturally means that Lin Zuhui also has a high proportion of assets.

Second, Lin Zuhui wants to expand the Octopus Financial Group and hand it over to his second son in the future.

He tapped on the desktop, thinking about the next move of Octopus Bank:

2006. From the end of this year ([-]), we will start to tighten loan issuance and gradually control the loan-to-deposit ratio in order to deal with the subprime mortgage crisis and the financial crisis.

[-]. Starting from the second half of next year, the aircraft leasing financial sector will be sold, and some properties and securities will be reduced.

[-]. In this 'subprime mortgage crisis' and 'financial crisis', Octopus Bank and Barings Bank have to make a lot of money in foreign exchange.

……

USA, Virginia.

Hilton headquarters.

In the conference room, Lin Zuhui and the senior executives of Barings Bank were listening to the work report of the professional managers team of Hilton Hotel.

"As of December last year, the number of hotels in the Hilton Hotel Group has reached 12, and the number of rooms has increased to 3600, achieving the goal set by Barings Bank when it took over the Hilton Hotel Group... In terms of debt, through debt-to-equity swaps, profit repayment and other means , the current debt is 60 billion US dollars... This listing has obtained 68 underwriters, and it is expected to raise 12 billion US dollars (22% equity)..." CEO Chris Nassetta reported the situation seriously.

After some transformation, Hilton went public again at a price of 220 billion U.S. dollars. After the listing, New Times Group still holds 50% of the shares, which is equivalent to making a profit of 70 billion U.S. dollars.

As for the Hilton Hotel's liabilities, it has nothing to do with Barings Bank from the beginning, and Barings Bank only spent 40 billion US dollars.Afterwards, a large amount of debt was passed through a series of financial arrangements, so that the Hilton Hotel has been reducing its debts during the six years, but its development has not lagged behind.

These achievements are the credit of the management team of Barings Bank. As for the professional manager team headed by CEO Chris Nassetta, they will develop the data of Hilton Hotel very well.

In five years, the number of rooms has increased by 50%, the company's net profit rate is as high as 8.8%, and the annual revenue is 58 billion U.S. dollars... etc. These beautiful data can be favored by capital.

After listening to the report, Lin Zuhui applauded, everyone showed joy, and then echoed.

"Excellent results! We have completed the expansion (franchising) with the least amount of capital, and the net profit margin is leading the world, which shows that our initial strategy is very correct."

To sum up, the Hilton Hotel's signboard is so popular that they can open a large number of new stores quickly and charge franchise fees almost without spending a penny.

Of course, behind the series of controls is also the hotel management level of CEO Chris Nassetta and others.As for Barings, it has been making financial arrangements and communicating with creditors.

The listing raised 22 billion US dollars, and will continue to repay debts, reducing Hilton's debts to more than 40 billion US dollars in one fell swoop. For a Hilton with assets of about 250 billion US dollars, the responsible situation is already very good.

As for when Barings will reduce its holdings, there is no need for urgency at all. Even if it reduces its holdings after 2013, it does not matter.Not only that, in the financial crisis, Barings can even increase its holdings.

As for the financial crisis, whether the Hilton Group will encounter trouble, Lin Zuhui predictably said - of course not.Not only that, in the financial crisis, Hilton Group can use the 'franchising' method to continue to expand.

……

The re-listing of Hilton Hotel in New York has become a major event in the US financial circles. It has raised US$22 billion and is the third largest IPO in the US this year.

For a time, public opinion was raging.

The news that Barings Bank has earned 70 billion US dollars on its books shocked the entire investment community, and the rate of return was too high.

However, looking at the development of Hilton Group in the past six years, Barings Bank has made an extremely good investment this time.