Hong Kong's new giants

Therefore, Lin Zuhui feels quite secure, as for the rest, he will continue to cash out within two months.

……

12 month.

The top of Kowloon Station - Hong Kong International Commerce Center officially opened.

Hong Kong International Commerce Center, as the last phase of the Kowloon Station superstructure project, is also the "highest floor in Hong Kong (118th floor)", so its opening has attracted much attention and guests have gathered.

The New Era Group built the Kowloon Airport Railway Station, a total of three phases of the project:

The first phase of the project: "Global Trade Shopping Center" with an area of ​​90 square feet, officially opened in 2005;

The second phase of the project: Cullinan, composed of two skyscrapers about 270 meters high, is located adjacent to the International Trade Center, providing luxury residences of 100 million square feet, luxury hotel serviced apartments of 100 million square feet, and a Six star hotel.Among them, the hotel has 394 rooms and is managed by the internationally renowned Hilton Hotel Group.It officially opened in 2006.

第三期工程：488米高的环球贸易广场，10～99层总计提供250万平方尺的写字楼面积，100层有一个观景台，100层～118层是全球最高的五星级酒店‘丽思卡尔顿’。于2007年正式开业。

Due to the vigorous global economy in recent years, as early as 2006, the occupancy rate of the entire third-phase project had reached 99.5%.

For example, in the office building, the tenants include: Morgan Stanley, Credit Suisse, ABN Amro, Deutsche Bank, Haidian Group, EFGBank, Toppan Printing, etc.

写字楼平均价格在38港币每平方尺每月，而250万平方尺的写字楼一年收租就是11.5亿港币；这还不含1～9层的区域，以及100层以上的酒店收入。

All in all, it's a hit!

The total investment of the entire project is just over 200 billion. Except for the International Commerce Center, the two buildings of Cullinan and the shopping center are used for rent collection and are not for sale, including the 100 million-square-foot mansion.

The mansions, intended to be held for sale beyond 2015, are currently available for lease.

……

Andre, the president of Barings Bank, came to Xiangjiang to report to Lin Zuhui.

All the while, Barings was headquartered in Canary Wharf, London, masquerading as a British investment bank.

Of course, the British upper class knows it, and so does the British government.

Using Barings Bank, Lin Zuhui has gained a lot of contacts in the UK, because Barings Bank has absorbed a lot of public funds in the UK for investment management.

For example, a certain employee pension in the UK needs investment, and they chose Barings Bank.

With its excellent management and investment methods, Barings Bank has achieved a stable appreciation for these pensions.

After long-term cooperation, Barings Bank is deeply rooted in the UK and has excellent connections.

If Lin Zuhui wants to relocate the headquarters of Barings Bank now, I am afraid there will be a lot of commotion.

Of course, Lin Zuhui has no plans to relocate the headquarters, even if Barings Bank's own net assets have reached 200 billion U.S. dollars (not disclosed to the public).

"We dealt with a large amount of European fixed assets a year in advance, so in the recent subprime mortgage crisis, the impact is not big... Shorting 'USD/JPY' (Yen appreciation), has been completed, invested 3 million US dollars , with an average of 112.6 points... Shorting the British pound, the Australian dollar investment..."

"The stocks of Samsung Electronics, Hynix, and Hyundai Motors have all been reduced by 50%..."

While listening, Lin Zuhui memorized it casually on the paper.

After a long time, he nodded and said: "Okay! Everything is ready. The impact of the subprime mortgage crisis will only increase. The appreciation of the US dollar, the appreciation of the yen, the depreciation of the British pound, and the depreciation of the Australian dollar are the general trend. The European and American real estate bubbles were born between 2003 and 2007. In [-], now is also the time when it will be shattered, and European and American real estate will definitely fall next year, so it is safe now.”

Andre said in admiration: "The boss is far-sighted and believes that after this round of crisis, Barings Bank will go to a higher level."

Lin Zuhui said with a smile: "Next, your management should look for assets that can be bought at the bottom after the crisis. After all, we sell high and buy low, which will generate a lot of spare funds, and you need to come up with projects."

For example, Samsung has a market value of 1000 billion U.S. dollars, and Barings Bank sold 2.4% in four months, earning more than 20 billion U.S. dollars, a huge profit of 20 times.

After the outbreak of Lehman, if you buy 2.4%, it is estimated that only more than 10 billion US dollars will be needed, and a surplus of several hundred million US dollars will naturally be generated.

"Okay, we will keep an eye out and report to you at that time."

"Well, but don't worry, this kind of subprime mortgage crisis will not end for a year, so we have to take the money and look for it slowly."

"Ok"

We have worked together for many years, and Andre is familiar with Lin Zuhui's style, and Lin Zuhui also trusts Andre and other management.

He also discovered that almost none of his senior executives would take the initiative to change jobs. Could it be that he is attractive—male and female?

Of course, the salary is the minimum charm, and the boss's personality is the second.

Although Lin Zuhui trusts the foreign management of Barings Bank, in fact, Octopus Financial Group has many consultants and management of Lin Zuhui, and they will also supervise Barings Bank.

Chapter 758 [After the financial crisis]

Time flies, half a year has passed in a blink of an eye.

Monday, August 2008, 10.

Standing in front of the office window on the 88th floor of the 'International Finance Center', overlooking the crowds below, the mood of 'everything is under control' arises spontaneously.

Looking up towards West Kowloon, a taller building stands out from the crowd, and that is the 'International Commerce Center'.On the top floor of the 'International Commerce Plaza', there is also Lin Zuhui's exclusive presidential suite (Ritz-Carlton Hotel).

The two tallest buildings in Hong Kong - IFC and International Commerce Center, are like the gods of war defending Hong Kong, and also symbolize the supremacy of Lin Zuhui.

Comfortable!

Lin Zuhui shouted in his heart and returned to his seat.

Learn from the past.

Leaning back in his seat, he recalled the rhythm and events of the Hong Kong financial crisis in 2008.

Although it has always been about the financial crisis in 2008, the decline of the Hang Seng Index began in November 2007.

In 2007, the world's major economies were full of flowers, the economy was strong, and investment was booming.

In October 2007, the Hang Seng Index peaked at 10 points. However, since November 34500, the Hang Seng Index began to fall. At that time, the market had already paid attention to the subprime mortgage crisis in the United States. However, the basic economic data of the United States and Hong Kong were still very good at that time, and the market believed that the correction of the Dow and HSI was nothing more than a technical one.

但是到了2008年1月之后，开始风云突变。恒指在1月14到1月16号三天间跌掉了接近2500点，市值相当于消失1/10。

At the same time, the United States has also started the process of cutting interest rates for the Fed's federal funds target rate.In less than nine days in January, the federal funds target rate was reduced by 1 basis points.

After the Spring Festival in 2008, Hong Kong's Hang Seng Index continued to fall, and there was news of the bankruptcy of some time-honored small companies, such as Tailin Electric Appliances in Hong Kong at that time.In mid-March, the impact of the financial crisis on the main body of the financial industry began to appear, and the famous American investment bank Bear Stearns went bankrupt. On that day, inter-bank lending became difficult. In the words of an old fund trader, Liquidity has all but dried up, and no counterparty dares to trust each other.

At the end of March, some large companies began to publish their annual reports for the previous year. Benefiting from the good performance in 3, the Hang Seng Index rebounded by 2007 points in April, and the Hang Seng Index also returned from 4 points to 3400 points.

Among them, the best performers are of course Lin Zuhui's four large listed companies. Half of the rebound of 3400 points is due to them:

New Era Group's 2007 annual profit was 2600 billion (including non-recurring profits of 1280 billion, that is, non-recurring profits brought about by the sale of ships, aircraft, commercial real estate in Europe and the United States, etc.).

The media group's profit in 2007 was 255 billion Hong Kong dollars, and the game industry alone contributed 68 billion Hong Kong dollars in profits, and the rest of the business is also in full bloom.

Octopus Bank achieved an annual profit of 235 billion Hong Kong dollars, of which the non-recurring profit from the sale of assets exceeded 50 billion, but it still performed extremely well.

LEIT Group achieved an annual profit of 160 billion Hong Kong dollars, of which Fila Global contributed 40 billion Hong Kong dollars in profits, and JeansWest contributed 43 billion Hong Kong dollars in profits...every brand has grown compared to the previous year.

When Lin Zuhui's four large listed companies announced their results, the whole world paid attention, and the industry really felt how vicious the eyes of the world's richest man are.

However, the rebound is short-lived after all. In May and June, the Hang Seng Index continued to fall. On the side of the road, many real estate agents directly marked a big X on the original listing price and wrote a new lower price. price, which was soon replaced by a lower price.

经过了7月恒生指数的短暂的一个小反弹之后，8月9月10月恒生指数开启了暴跌，恒生指数从23800点跌到了10月10日的16800点。

During the period, on September 9, the famous American investment bank Lehman Brothers also went bankrupt, leaving many Hong Kong ordinary investors who purchased wealth management products through Hong Kong commercial banks losing their money. , one out of every 15 citizens of Xiangjiang suffered a loss due to the bankruptcy of Lehman Brothers.

The review is over.

Lin Zuhui stretched himself and was in a good mood. New Times Group had 6000 billion Hong Kong dollars in its account, which should be the company with the highest cash flow in the world.

All this money has been saved in recent years. After all, apart from spending 900 billion to buy the British beer group, New Era Group has made relatively small investments.

Then, naturally, it was time to buy the bottom.

"Boss, it's time for the group meeting!"

"it is good"

Lin Zuhui got up and walked towards the meeting room.

"boss"

"BOSS"

More than a dozen core executives greeted each other with smiles. Many of them rushed back from overseas or the mainland, such as the president of Langham Hotel Group, the president of Futura Group, the president of New Times Group (Huaxia), etc., and even some core executives often On a business trip overseas.

Everyone's mood is the same as that of Lin Zuhui - like a spring breeze, a winner.

"It seems that everyone is not pessimistic because of the 'global financial crisis'. I believe that in addition to the reasons we avoided in advance, everyone is optimistic about the recovery and growth of the global economy."

"Yes, the impact of the 911/8 incident on the global economy lasted eight months, and the impact of this 'global economic crisis' has already affected ten months, because it is a diminishing debilitating effect, so there is still a year at most, or even half a year In time, the global economy will recover."

"That is to say, now that we have reached the bottom, it is time to climb up, and we have the best equipment and resources in the world."

Everyone applauded, and the boss sent a strong signal that he wanted to buy the bottom.

Lin Zuhui went on to say: "Times Shipping Group needs to prepare for the cold winter of shipping. Everyone knows that the cycle of shipping is extremely long. This wave of trough may last for ten years, and this is not the lowest trough. It may take seven or eight years. Gradually going down the trough. So, Morris, what do you think?"

Morris said calmly:

"In the third quarter of last year, Times Shipping has almost completely cleared the 'ship leasing' business. For the container business and oil and gas transportation business, it has also reduced the ship position by [-]% of the ships (there is an order for short-term leasing). Therefore, in terms of shipping, We have no assets to sell, so we can only continue to provide good services, expand business, and wait for the next round of shipping outbreak.”

"In terms of aircraft leasing business, we have almost sold [-]% of the aircraft together with the lease. I personally think that we can gradually buy the bottom and continue to do aircraft leasing."

"Of course, the most important thing is to continue to develop logistics/transportation. He doesn't have a big cycle, and stable growth is a good advantage."

"For the port/tugboat business, if there is a suitable target and the local government expresses its willingness to attract investment, Times Shipping can continue to invest."

Sea/air freight, port/tugboat, logistics/transportation, aircraft and ship leasing, these are the four major business segments of Times Shipping Group.

What Morris said is in line with Lin Zuhui's wishes. Of course, all of this is based on Lin Zuhui's analysis of the industry trend to him.

Lin Zuhui nodded and said: "Well, generally speaking, Times Shipping Group needs to start a steady pace of development, gradually invest in aircraft leasing, logistics/transportation, ports/tugboats, and integrate shipping business resources and management. The group needs more information. Groupization and groupization. These, after a week, you will come up with a specific plan and submit it to me."

Only one week is given because the top executives of the Times Shipping Group must have prepared in advance.

Morris said calmly: "OK, BOSS."

Next, Lin Zuhui asked: "President Doer, what plan does your Futura Group have?"

From 2007 to 2008, Futura Group sold a total of US$400 billion in assets, leaving less than US$600 billion in assets. Of course, this price is the valuation in 2007.

In 2008, European and American properties began to fall month by month, and they have fallen by 25% so far, and there should be a decline of less than 5%.

In other words, the current value of all the assets of Futura Group's 'Amazon Shopping Center', Canary Wharf Group, and Futura Properties should only be 400-450 billion US dollars. If they are sold, it may be even lower, because the more this Time, the more buyers will bargain.

Durr said:

"There is an opportunity, and we are ready to launch a continued investment plan."

"First of all, Amazon Shopping Center seeks the purchase and renovation of large and medium-sized shopping malls, as well as the construction of large shopping malls, and abandons investment in small shopping malls."

"Secondly, Canary Wharf Group and Futura Real Estate began to buy cheap office buildings in Europe and America, especially Futura Real Estate bought cheap office buildings in New York, Los Angeles, San Francisco, and Chicago."

Lin Zuhui said: "Okay, the environment in ZZ in Europe and America is stable, and the property is worth long-term investment. In the last year, the group allocated 150 billion US dollars to you. You should make a plan for bargain hunting."

European and American office buildings are still worthy of permanent investment. For example, from 2020 to 2020, other people’s commercial real estate will not fall there. After all, other countries’ economies are more resistant to pressure than developing countries.

And Fuli Group has no loans, so even if the rent collection is bad, it will not lose money, as long as it is a small profit.

Lin Zuhui always believes that land is the right.

The core business of New Times Group will always be rent collection.

Duer was shocked and said happily: "Okay, we will definitely do our best!"

Lin Zuhui nodded in satisfaction. These foreign executives all succumbed to his charisma and performed their duties conscientiously without being petty.

"The real estate in Hong Kong and the mainland continues to strengthen its development..."

"Langting Hotel Group's new hotel business development, the focus shifted to Asia..."

"Beverage and food demand overseas expansion, acquisition of local brands..."

"The beer business..."

Lin Zuhui gave instructions for each business.

The whole group is like a tiger out of the cage, and now is the best chance to find food.

The New Era Group has a cash flow of 6000 billion Hong Kong dollars. Naturally, this round of expansion will not cost that much, or even half of it.

And then, a large amount of dividends will be distributed every year, in the first half of the year, in the second half of the year, and throughout the year.

After the meeting.

Liang Zhenxun came to Lin Zuhui's office and said, "Boss, do you want to invest in some bonds in Europe and America?"

According to the analysis of the boss, the European and American economies will recover soon, so there must be a lot to do in the bond market at this time.

Lin Zuhui thought about it, his personal company could buy the bottom of the bond market, but he didn't want to do that, after all, the goal was too big.As for New Era Group's bottom-buying bonds, it is a corporate behavior and has relatively little impact.