Early November.

After the Takeovers and Mergers Committee encouraged securities market mergers and acquisitions (to stimulate the stock market), Chinese Estates took the lead and announced: at a price of 3.2 yuan per share (a premium of 23%), it launched the acquisition of Futura International, with a target of 34% shareholding; After the completion of the acquisition, it still maintains the listing status of Fuli International, and the acquisition uses 218 million yuan.

For a time, it received a warm response from the minority shareholders of Fuli International, and had a certain stimulating effect on the entire market.

As for the bailout action initiated by Li Chaoren, it had already been conditionally acquired by the 'Takeovers and Mergers Committee', but after discussion, everyone temporarily changed their position and decided to jointly buy 15,000 futures contracts, and Lin Zuhui personally subscribed for 3,000 contracts.

.....

In the office of Chinese Real Estate, Lin Zuhui flipped through the asset statements of Fuli International, and he was in a very good mood.

Futura International's investment in properties in the United States is very lucrative, with total assets of nearly 1 billion, liabilities of less than 200 million, and net asset value of up to 800 million; It is equivalent to the acquisition of Fuli International at a premium by Chinese Estates, and the net asset value of its shares still does not generate losses, but still makes profits.

After a while, Gao Yi, general manager of Chinese Real Estate, and Zheng Xuebin, general manager of Fuli International, came to Lin Zuhui's office together.

Zheng Xuebin was originally the general manager of Fuli International, and after Chinese Estates acquired Fuli International, he was not laid off, and only sent three directors to the board of directors of Fuli International.

Of course, it must be digested after the acquisition, which is Lin Zuhui's consistent style.

"Boss!"

"Well, sit down!"

After everyone sat down, Lin Zuhui said: "Fuli International's original conservative operation can be regarded as escaping a catastrophe in the stock market crash. But the stock market crash has a great impact on the U.S. economy, and it is an opportunity for Futura International. So, next year I plan to invest in a commercial office center in Los Angeles. You go and investigate a lot, and then bring me the eucalyptus! ”

"Okay!" The two said in unison.

Gao Yi added: "Boss, I suggest that during this period of time, the senior staff of Chinese Estates should be appointed to give Futura International a new look and lay a solid foundation for the development of Fuli International next year!" ”

Chinese Estates is an efficient investment property company, and its senior staff have very rich real estate experience, even if it is a simple rent collection, it can reflect the quality and management of a company.

Lin Zuhui nodded and affirmed Gao Yi's statement: "Well, it's necessary!" Just acquiring and not digesting it is not my Lin Zuhui's style. The two of you set out to do this, and hopefully in three months, I will be able to see a different Futura International! ”

"Yes, boss!"

The confident and passionate answers of the two made Lin Zuhui very satisfied.

As his subordinates, they should all understand a truth, that is, the company needs to develop and develop rapidly; If anyone can't keep up, they will only be eliminated.

Next year, Futura International will invest in a commercial office center in Los Angeles, which is a relatively large project and requires a lot of money, and Lin Zuhui intends to solve it through loans and rights issues.

After the two left, Lin Zuhui thought about the structure of the new era department!

It's time to develop into a comprehensive group, such as Cheung Kong, New World, Sun Hung Kai and other listed companies, the group not only has real estate business, but also other comprehensive business.

For example, New World has container business (overseas containers of the shareholder), shipping, communications, not to mention that it also has a large construction company in Xiangjiang - Hip Hing Construction, as well as Songdian Engineering, Jiading Engineering, Fuji Decoration Engineering, etc., which can provide comprehensive services for modern buildings including commercial buildings, hotels, and high-end residences, from engineering planning, design, drawing, electrical engineering, construction engineering and interior decoration.

Not only that, they have already extended their tentacles overseas, and the new era of real estate is just getting started!

Thinking of this, Lin Zuhui decided to prepare for a group meeting to announce the group's general policy expansion.

.......

Lin Zuhui came to Hengjin Investment Company, which was formerly known as 'Hengjin Securities', which is equivalent to the private investment company of Lin Zuhui's family, and was renamed 'Hengjin Investment' because its business was no longer limited to financial business and gradually extended to the investment field.

During the meeting, Lin Zuhui listened to the reports of several core high-level executives.

George reported: "BOSS, this time we shorted the Dow Jones Industrial Average and made a total profit of 920 million Hong Kong dollars, and returned 1.37 billion Hong Kong dollars...... At present, 1.3 billion Hong Kong dollars of funds have arrived in Hong Kong accounts, and the remaining 70 million Hong Kong dollars are used for securities investment in the United States..... Hengjin Investment has established branches in New York, Los Angeles and Vancouver in Canada, and business investment talents continue to be recruited, and it is expected that you will be able to meet your needs by the end of the year! ”

Robert reported: "BOSS, this time we shorted the FTSE index and made a total profit of 350 million Hong Kong dollars, and returned 650 million Hong Kong dollars...."

Wu Guoming reported: "Boss, we are short the Singapore index...... Short selling the Japanese index.... A total of HK$750 million in profits were made in the two places, and HK$1.35 billion in funds were withdrawn...."

Li Hao reported: "Boss, we shorted the Hang Seng Index and made a profit of 150 million, and returned 220 million funds...."

After listening to the report, Lin Zuhui calculated that he made a total of 2.15 billion profits and returned 3.6 billion yuan in short-selling the global stock market.

The funds have been pocketed, and Lin Zuhui has a smile on his face.

Then, Lin Zuhui arranged for the United States and the United Kingdom to develop in the direction of commercial investment, supplemented by financial investment, and provided excellent investment project advice for himself.

After the meeting, Lin Zuhui summoned Li Hao and Wu Guoming in the office.

"I am very optimistic about Japan's securities market and real estate market in the next two years, and I plan to invest 3 billion Hong Kong dollars in the Japanese securities market, and I will also make five-fold leveraged investment."

Lin Zuhui's words surprised the two, the boss is addicted to venture capital, but the two did not advise, because they felt that they were not qualified, in their hearts, Lin Zuhui can be called the god of investment, and this time he accurately predicted the global stock market crash.

Moreover, the appreciation of the yen has led to the expansion of Japan's domestic economy, which is also justified.

Wu Guoming said: "Then the Japanese branch has to expand its scale, boss!" ”

Lin Zuhui nodded and said, "Yes, you can handle this matter immediately." Li Hao, you are also involved. ”

Li Hao is Lin Zuhui's deputy, so he is also half a level higher than Wu Guoming.

"Okay, boss!"

Lin Zuhui advised: "Be fast, give me the most worthwhile stocks in Japan before the end of the year, and remember to consider the stocks of electronics and real estate!" In addition, if you want to diversify multiple Japanese securities companies, it is best to provide us with five times leverage. ”

"Okay, boss!"

Before the short selling index, these countries already have a lot of offshore companies invested by Hengjin, but there is no need to bother.

The two of them quickly received the order and went down to make arrangements!

Lin Zuhui fell into thinking in the office: he remembered that after the stock market crash, the Nikkei 225 went from 20,000 points to 39,000 points in December 1989, with a premium of nearly 100% in two years.

Assuming that the stock is not wrong, the five-fold leverage can be increased by 10 times, and 3 billion can become 18 billion.

In 1989, the market capitalization of the Japanese stock market reached $4.5 trillion, surpassing the $4 trillion of the US stock market.

Of course, Lin Zuhui has a cash flow of 8 billion this year, and only 3 billion is invested in the Japanese market, which is just a diversification of investment, not putting eggs in one basket.

The remaining 5 billion, reconsider the investment direction, and consider as little financial products as possible, there is a risk!

......

......

A new week begins.

Lin Zuhui came to the office early, first read the newspaper for a while, and then began to think while writing.

The largest drop in the stock market crash was 50% (the highest in the Hang Seng Index was 3960, the lowest was 1980), and the property market was dragged down, which was expected. However, this storm affected the price of real estate by only 10%~15%, and the decline of high-quality properties was even lower, which was more surprising to everyone.

Of course, the vast majority of businessmen can't make a judgment yet, after all, the panic in the market is still there, and everyone is worried that real estate will not fall.

Lin Zuhui already knows that he can copy the bottom!

After a while, three carriages came to Lin Zuhui's office together, which is a custom every Monday.

"The Hong Kong government is now granting 300,000 square feet of land every quarter (it is the land in the New Territories, not including the official land auction), right? ”

Liang Zhenxun hurriedly replied: "Yes! ”

"Well, from now on, we will try our best to acquire more land in the New Territories as a reserve land through our land exchange rights and interests!"

"Okay!"

Then, Lin Zuhui asked again: "How much has the New Territories land exchange rights and interests been reduced?" ”

"Type B Land Exchange Interest", or Letter B. In exchange for the expropriation of farmland by farmers in the New Territories for various development purposes, the Hong Kong Government first acquired the farmland and then allocated land for them to build houses, usually two and a half feet of cultivated land in exchange for one foot of house. The peasants can only exchange land for development in the future with a paper on the rights and interests of the land, and there is basically nothing they can do in the immediate way to set up a realistic and beneficial work.

Noticing this situation, the real estate developers negotiated with the farmers to purchase their land exchange rights in cash, which was generally welcomed by the farmers. It is much cheaper to purchase a land exchange letter than the government to auction official land, and as long as you wait patiently for the announcement of the land exchange, there will be a large piece of land purchased at a flat price for building purposes.

"A drop of 25%~30%, and it may fall!"

Lin Zuhui immediately said: "Okay, let's start stocking!" From now until June next year, it is a good time for us to increase our land bank significantly. I have a guess that next year, the overall real estate growth rate may be the same as in 1985, reaching 30% to 40%. Therefore, in addition to the company's cash flow of 2.6 billion as the purchase of land reserves, I will also borrow 2 billion from the bank for this round of development! ”

The three of them were shocked, which increased the debt of New Era Real Estate to 4.3 billion!

However, banks have started to cut interest rates again, which is currently only 9% (9%), which is very good news for property developers.

What's more, Lin Zuhui knows that the bank interest may be 8% next year.

Chen Bin immediately said: "If this is the case, then we need to increase the development of land by another two percent, and strive for the net profit of developing real estate next year can reach 800 million ~ 1 billion!" ”

Lin Zuhui asked: "Are there enough senior staff members for the development of real estate?" ”

Chen Bin said: "Enough, if it's not enough, you can recruit quickly!" ”

"Okay, let's increase the amount of land to start construction!"

If you can anticipate the situation, it is natural to make adjustments.

Taking Henderson Land as an example, the sales area of its real estate in 1986 was the sum of 1985 and 1984, which is the result of Lee Shau Kee's rapid layout of real estate premiums.

And Lin Zuhui also took advantage of the time when everyone was afraid of the stock market crash to quickly lay out the real estate bull market from 1988 to the first half of 1989.

A huge amount of more than 4 billion yuan for the purchase of land and old buildings is a considerable investment. At present, the unit price of the New Territories land exchange interest is less than $1,000 per square foot (real data), and if all the land in the New Territories is purchased, almost 5 million square feet of land in the New Territories can be purchased.

Of course, it is impossible for so many land exchange rights to flow out of the market in one and a half moments, so more than half of them must go to buy land and old buildings in Hong Kong and Kowloon.

Although the new era may have to pay 400 million yuan in interest every year, if the annual profit is about 1 billion yuan (including net profit from rent collection), it is reasonable; Because the land reserve in the new era is a visible increase with the naked eye.

Once in the 90s, New Era Real Estate's land bank was second only to Sun Hung Kai (32.5 million square feet) and higher than Henderson (16.5 million square feet); Then, the new era real estate can be proud of Xiangjiang.

Moreover, although 400 million interest is a lot, Lin Zuhui will still find a way to make some non-recurring profits, not too much, just reduce the pressure of interest.

This is the development plan of New Era Real Estate in the remaining two years of the 80s!

The same is true for Chinese Estates, which did not hesitate to borrow heavily to purchase high-quality rent-collecting properties, and before the 90s, there was no need to consider interest engulfing profits; Once you enter the 90s, it is time to settle the situation in one fell swoop.

The most headache for Lin Zuhui is, of course, Cathay Pacific City, whose market value has fallen by more than 4% this time, and is currently only 1.2 billion.

You must know that at this time, the asset value of Cathay Pacific City is: 400 million yuan in rented property, 300 million in cash, 51% of the shares of Furama Hotel (worth 600 million), and 34% of the shares of Grand Hotel (worth 2 billion).

The asset value is as high as 3.3 billion, while the debt is only 1 billion!

The reason is simple: many investors believe that large hotels will not be able to bring stable dividends to Cathay Pacific City in the short term.

Of course, Lin Zuyao is not very worried, anyway, the bank will not force debts, because Cathay Pacific City is backed by the giant of New Era Real Estate.

.......

.......

"Lin Sheng, Huiyuan Block A and Block A1, we have negotiated with the customer, and each household will be compensated 5 million to repurchase their purchase rights. Now, all the eight single-family villas in Huiyuan can belong to you! An estate agent said in a slightly excited tone.

Lin Zuhui nodded, but his heart was turned upside down!

It turned out that as early as September, he was searching for a suitable villa and preparing for the 'Golden House Hidden Jiao'.

At the beginning, his idea was to start with a super villa (a luxury villa with an area of more than 15,000 square feet);

At the same time, detached villas (with an area of 6,000 sf or more) can also be considered.

While searching for villas, he was told by an agent that there was a cluster of eight detached villas on South Bay Road in Repulse Bay, each covering an area ranging from 5,500 square feet to 7,000 square feet. Moreover, these eight villas belong to one developer, which is equivalent to being enclosed in one area. Each villa has a swimming pool and lawn; Eight villas are lined up on two sides, with an eight-family 'private road' in the middle. The whole villa complex is bordered by South Bay Road to the east (spaced) and Repulse Bay to the west (Block A and Block A1 face the sea).

At that time, Lin Zuhui was in a surprise, if he bought all eight independent villas, it would be equivalent to buying an independent kingdom. A security fence will be installed around the perimeter and a security post (with a miniature building) will be set up on the side of South Bay Road.

In this way, he is equivalent to buying a 'palace' with an area of 50,000 square feet.

"As long as there is no problem with your procedures, there will be no problem on my side!"

The estate agent hurriedly said: "There is no problem with the procedures, who would dare to lie to you in Hong Kong!" If you have no problem here, then I will negotiate the contract for you to negotiate with Boss Zhao of Zhuoneng Real Estate? ”

Lin Zuhui nodded and said, "No problem, let's make an appointment!" ”

The developer of these eight villas is the famous master of flowers, Zhao Shizeng, that is, the third son of King Zhao Chuan. Zhao Shizeng is not only a good girl, he is also the first person in Zhao Chuanwang's family to do real estate, and even ahead of his son Zhao Congyan. At that time, Zhao Chuanwang thought that Xiangjiang was not safe, and was only willing to develop 'walkable' industries, Gu concentrated on the development of shipping, and disdained real estate, but Zhao Shi had entered the real estate industry in the 60s.

Of course, such a large family eventually has its own real estate company, Wah Kwong Properties, which owns a large number of high-end residential development rights in the southwest corner of Mount Davis on Hong Kong Island.

The next day, Lin Zuhui and Zhao Shizeng were preparing to sign a contract in a law firm to complete the largest private residential single transaction in Hong Kong with an amount of up to 250 million yuan.

Although a single villa is only worth more than 30 million, after Lin Zuhui has been redesigned, this is actually a mansion. Lin Zuhui feels that this will be one of the most valuable properties in Hong Kong in the future, surpassing Cheng Yutong's Repulse Bay mansion and the Hui Shixun family's mansion in Shek O.

"Lin Sheng, live up to expectations, and finally get the two customers done. Otherwise, I'll be embarrassed to see you next time! As soon as they met, Zhao Shizeng enthusiastically stretched out his right hand.

The two have met many times at banquets between friends, and the relationship is not bad; The territory of Xiangjiang is so small, Lin Zuhui has been in contact with all the well-known figures in his previous life, and most of them have known him.

Lin Zuhui stretched out his right hand and said, "Brother, it's serious!" This villa originally depended on fate, and it was not necessary to buy it, it was so serious there. ”

Zhao Shizeng said: "But I want to sell it to you, the buyer who can buy eight villas at one time, you are the only one in Xiangjiang." I happened to be short of money, so I was very eager to make this deal. ”

The two exchanged ideas for a while, and the lawyers on both sides were preparing the contract.

This time, Lin Zuhui contacted the bank and prepared to buy it in installments, with a down payment of only 20%, that is, more than 50 million.

He now loves leveraged investment, and he originally had 8 billion liquidity, but he had to do 30 billion things.

After signing the contract, Lin Zuhui officially obtained the property rights of the eight villas in Huiyuan, and began to prepare for the design and decoration of the construction company of New Era Real Estate.

Lin Zuhui's initial idea was to transform the road between the two villas into tennis courts, basketball courts and other sports facilities, and design them for a comprehensive use that does not affect the passage of cars, and even cars can be parked.

The rest of the design part focuses on the issue of safety, which has to hire a security expert to lay out the safety of the entire villa complex; In short, it is expected to be operational by the end of 1988.

.......

In Hong Kong Sanatorium & Hospital, Guan Jiahui successfully gave birth to a son named Lin Wenhua.

Since Guan Jiahui followed Lin Zuhui, her mother Zhang Bingqian and father Guan Shan suddenly cared about her very much, especially Guan's mother often flew from the United States to Hong Kong for vacation, which is called caring for her daughter.

Lin Zuhui didn't think much about it, he just set up family rules and asked Guan Jiahui to help his parents, and Guan Jiahui naturally didn't dare to disobey. In the Lin family, there seem to be no rules, but Lin Zuhui's words are holy decrees.

If these women anger Lin Zuhui, what they are most worried about is that they will lose their financial resources, or even their children will be kicked out of the wealth list.

After the excitement in the delivery room, Lin Zuhui still thought that Guan Jiahui needed to be quiet, and drove these people away, including Guan Jiahui's parents. In Lin Zuhui's view, since he didn't love so much back then, there is no need to be too intimate now.

In the previous life, Guan's mother and Guan Jiahui got along harmoniously in their later years, but that was when their daughter had no offspring and had a lot of wealth.

In Lin Zuhui's view, there is no need to be so close in this life, Guan Jiahui has her own children.

"Ah Hui, I can't bear Wen Hua leaving my sight!" Guan Jiahui stared at the crib not far away and said.

Lin Zuhui said with a smile: "Don't worry, the two nannies are watching at any time, there will be no accidents!" ”

Unexpectedly, this woman is such a scene as a mother, Lin Zuhui thought that she would only care about whether she was beautiful or not!

However, soon he saw Guan Jiahui's love for beauty!

"I'm ugly now, it's all to blame on that kid! In two weeks, I'm going to start recovering! I asked the nurses here a few days ago, and they have a postpartum recovery specialist, and I've already talked about it! ”

Lin Zuhui said angrily: "I can't wait for a month, what's the hurry!" ”

Guan Jiahui bit her lip, making Lin Zuhui feel a little weak for a while!

However, he recently added a Li Zhi, which is already quite conservative.

"Okay, listen to me, I'll think about your plans in a month!"

After enjoying the youth of these women, Lin Zuhui became a little selfish in his heart, and regarded them as a machine for passing on the ancestry. The first is that Lin Zuhui really needs a big family, so the more children the better. The second is that women who have children will be more controllable.

Lin Zuhui is a little unacceptable, some rich wives divorce and remarry with children, such as Lin Baixin's fourth wife. You can separate, but you can accompany him to old age.

The only regret is that there is not enough money, so a little bit of a small situation happened later; Lin Zuhui's idea is to establish a 'family office' in the future to maintain the longevity of this family.