In late August, New Era Real Estate successfully raised 120 million yuan through a rights issue, and immediately Weishui Xiangjiang.

At present, the company's total share capital is 388.7 million shares, the stock price is 2.05 Hong Kong dollars, and the total market value is 796 million;

Lin Zuhui holds 135.2 million shares, accounting for 34.8% of the shares, with a market value of 277 million.

But Lin Zuhui was worried, he had empty stocks, but no cash, and his personal cash flow was only 13 million.

In addition, he also has a personal debt of 50 million, of which he owes Wang Qilin 30 million (10 million borrowed by Speculation Hui Defeng, and 20 million borrowed by New Era Real Estate), 10 million borrowed by the bank mortgage "GOOD" magazine (for the first rights issue), and 10 million owed to Fang Jin (7 million for capital injection and 3 million for investment films).

This is the consequence of the snake swallowing the whale, if there is an accident in the new era of real estate, Lin Zuhui will be forced into the royal family by debts.

With only 13 million cash in hand, it is definitely not possible, because Wanhui Publishing House needs to be listed on the backdoor, and Lin Zuhui needs a sum of money to buy a shell.

The publishing house does have money in its account, but it is actually a drop in the bucket, and that money has to wait until before going public, and then use it to pay off debts; The box office of the film company is also not expected, and it will be released on September 15, and it is unknown how much it can share, and this money may also need to be repaid.

Soon, Lin Zuhui seemed to remember something, and took out a piece of information from the drawer to study it.

After a while, he dialed another call.

"Manager Li, can you dictate to me the price trend of USD/JPY in the last week!"

"Okay, thank you!"

After making the call, Lin Zuhui quickly made up the USD/JPY trend in recent days on paper, and then studied it.

Soon, he found an opportunity!

At the end of February, he used 11 million Hong Kong dollars to use 50 times leverage to short sell USD/JPY, and the average buying point was 261.5 at that time, but after half a year of decline, it only fell by 24.5, and the current price is 237.

In other words, his market value has reached 55 million Hong Kong dollars, and he has made a big profit of more than 40 million.

Of course, he won't take out this money, it's the confidence of his career next year.

The reason why Lin Zuhui said that there was an opportunity was because he clearly remembered that at the end of 1985, the exchange rate of US dollars per person was about 200 points.

And now there are a little more than 4 months left before the end of 1985, during which there is a 37-point decline.

If he uses some of the shares as collateral and takes out a sum of money to continue shorting, he may be able to get a large amount of money at the end of the year.

He calculated on paper:

USD/JPY has reached a high of 262 points in recent decades, which is iron data and cannot change because of its own tens of millions of dollars.

At the moment, USD/JPY is at 237 points, and if it is 10 times leverage, if it suddenly rises to 260 points, he will blow up his position; But it was clear that it was impossible, he remembered that there were no such huge fluctuations, and it did not correspond to the market law of the appreciation of the yen.

Think about it, in four months, it rose from 237 points to 260 points, and then fell to 200 points; Even American consortia are unlikely to be able to do this trend.

Yes, if you mortgage up to 30 million shares of New Era Real Estate stocks, if you follow the loan rate of 70% (New Era Real Estate Stocks Maintain Value), you can borrow 42 million; I made up another 8 million and took out 50 million to short with ten times leverage.

At the end of the year, with this amount of money alone, he may be able to obtain a net profit of 80 million.

As for the risk, zero risk!

(PS: At this time, the protagonist has not yet remembered that the 'Plaza Agreement' will be signed in late September, but later remembered that he made additional investment.) ）

No fool predator would pull USD/JPY up to 260 points for the sake of 50 million funds, and the price he paid would probably be 500 billion.

And even if Lin Zuhui loses 50 million funds, it is not fatal; He also owns 105 million shares of New Era Real Estate, accounting for 27% of the total share capital; Wang Qilin accounts for 13% of the shares, and the two together are 40%, which is absolutely safe.

Moreover, the bank mortgage will not sell the shares to others, as long as they ensure that the stock price of New Era Real Estate does not fall, and sell a part of it.

Done!

Three days later, Lin Zuhui appeared in the foreign exchange department of HSBC.

Li Hongming warmly received him, this is really the God of Wealth, the original investment of 11 million has become more than 50 million; If this spreads out, Xiangjiang is afraid that this young master will be held up to the sky.

Lin Zuhui first determined the market of USD/JPY, and found that it had risen by 1.2 points, and was currently 238.2 points, and the three-day loan time actually allowed him to earn 1 point more.

After Lin Zuhui explained his intentions, Li Hongming was not as surprised as before, after all, the young man in front of him controlled a listed real estate company with a market value of nearly 800 million, and a publishing house with an annual profit of 10 million.

A margin of 50 million, 10 times leverage, and only 500 million Hong Kong dollars, will not be deliberately sniped.

The next step is to go through the formalities, Lin Zuhui entrusted HSBC to buy short orders above 236 points.

Three days later, Lin Zuhui came to HSBC to get the delivery order, which was actually at the level of 238 points, which simply made Lin Zuhui invincible.

Of course, this rally cannot be ruled out to rise above 240 points, and Lin Zuhui is not worried, his liquidation point is at 261.5.

......

Friday, August 30.

Lin Zuhui and Liang Zhenxun drove to the auction house on the island, today is the first official land auction in 1985, and New Era Real Estate naturally does not want to miss it.

In April this year, the Hong Kong government put up the auction of the 'Admiralty Diwang' with the aim of invigorating the real estate industry in Hong Kong, but the auction consisted of an auction of the 'Admiralty Diwang', and the Hong Kong government did not auction the rest of the official land.

This time, it is called the 'first official land auction' of the year, because a total of 19 official land pieces have been put up for auction.

The overall quality of government land is definitely better than that of land circulating in the market, and the area is also larger, so powerful real estate developers will not miss it; As for some small real estate developers, naturally they rarely participate.

Of course, New Era Real Estate is still a small real estate company, but Lin Zuhui insisted on participating, and specially prepared 70 million funds, which was the remaining 120 million raised in late August.

In the car, Lin Zuhui advised: "The high-end residential land on the island is currently about 700 yuan per square foot, and today all land of 100,000 square feet is our goal." My strategy is to say that there are 3 plots of land from 70,000 square feet to 120,000 square feet, and I, the 'stunned youth', will bid for it. I will pretend to be a big high roller, shout a high price for the first one, and throw it to him while the other party is not looking, and we will pretend to be a pity again. In this way, in the back two plots of land, we have more room to turn, after all, although those real estate developers are rich, they may not necessarily compare their financial resources with stunned young people like me, and they will have to be slaughtered by the auction in the end! ”

Liang Zhenxun nodded and said: "The boss is not 'stunned', but he has increased the market value of real estate in the new era by more than 10 times, and it only took half a year, such a person must be arrogant in the eyes of outsiders." They may even think that the boss is angry with you, so it's possible to be afraid. I think this strategy works! ”

Although Lin Zuhui has just entered the real estate industry, he is also arrogant and wants to develop a medium-sized real estate to improve the company's morale and overall quality.

100,000 square feet of land is 350,000 square feet of floor area at 3.5 times the plot ratio (which may be higher), and if off-plan properties are sold in the second half of next year, the residential properties on the island may be about 900 yuan per square foot, which can be sold for 320 million yuan. According to the two-year construction period, the land cost is 70 million + the construction cost is 80 million + the tax is 30 million, and the profit is more than 30% per year, which is still more cost-effective.

The plot ratio can also be increased, the selling price may also be increased, and the profit of 40% per year is possible!

Of course, even 20% of the annual profit can be done, anyway, the real estate company only needs to pay a land purchase fee, and the rest of the funds are all done through bank loans and off-plan sales.

The important thing is that after the development of such a real estate, New Era Real Estate is equivalent to stepping into a medium-sized real estate company. After all, with a floor area of 350,000 square feet, there are enough residential areas for six or seven hundred units.

Although New Era Real Estate only has 60 or 70 million liquidity, there is no need to worry about not being able to pay 70 or 80 million worth of land money, and banks are willing to lend, after all, after raising 120 million last time, the debt ratio of New Era Real Estate is equivalent to a lot lower.