Chapter 385 [Prestige Parking Management Group]
At the beginning of March, Hong Kong enters the season of spring flowers.
In the morning, Lim Cho Fai attended the groundbreaking ceremony of the Tsuen Wan shopping mall, 'Tsuen City', which will have an area of 580,000 square feet and a total of 156 stores. The whole project is a total of four floors above ground and two floors underground, with a construction period of 22 months, and is expected to open in the Spring Festival in 1992.
Chen Bin said with a smile: "Boss, this project has negotiated a lot of bus routes, such as the circulation line of Tsuen Wan Plaza at Tsuen Wan Railway Station, so that Citywalk can absorb a large number of residents in the New Territories."
Lin Zuhui nodded and said: "Tsuen Citywalk and Tsuen Wan Plaza are the pinnacles of our New Era Group's commercial real estate in the New Territories. β
"Well, we'll take care of it!"
Citywalk has a number of impressive designs, such as:
The center is a large atrium, and the music fountain is also built along the stairs, when there is a large-scale event, the two sides of the mall on each floor and the elevator can be used to stop and watch.
On the third floor, there is a "Sky Restaurant", and the external wall has been changed from a concrete wall to a glass wall, so that diners can look out on the Tsuen Wan Town Hall.
On the fifth floor (top floor podium), an outdoor leisure plaza with special gardening decorations, themed play equipment and outdoor performance venues will be installed to attract young families in the district.
The entire faΓ§ade of the front is also made of glass curtain wall, so that passing tourists can't help but go in and hang out.
After attending the groundbreaking ceremony of Citywalk, Lin Zuhui led several high-level executives to the nearby Yangwu Road site in the north.
"The Hong Kong government is very happy that we will develop these two areas and contribute to the economy of Tsuen Wan, so now they are working on compensating the owners here, and I believe that the land acquisition will be completed this year," Chen explained. At that time, we only need to exchange the land exchange rights and interests book! β
Lin Zuhui nodded and said: "Apart from us, no real estate company dares to do this big project, including Sun Hung Kai, which has withdrawn from Tsuen Wan Commercial Real Estate!" β
This sentence is a key point, and the Hong Kong government also understands this problem, so it is very much in line with the plan of the New Era Group. You know, according to the plan of the New Era Group, it will bring the economy and business of the entire Tsuen Wan to a new level.
Sun Hung Kai could not have developed such a huge project, and Chinachem had the strength, but their boss was immediately in danger of dying. Cheung Kong and Henderson will not develop such commercial projects at present.
Lin Zuhui's subordinates also understand, not to mention whether the company has the money to develop this big project (the estimated investment is 8 billion, including residential projects), but everyone understands that since the boss has finalized the project, even if the company has no funds, the boss will let the Lin family's funds participate.
The boss has money, that's what the top brass thinks!
After attending the groundbreaking ceremony of 'Citywalk', Lin Zuhui came to the top floor of Xia Wei Building, the headquarters of Hengjin Investment, in the morning.
He went directly to a large trading room of the company, which is the company's internal trading room, which has real-time data on foreign exchange, gold, Hong Kong stocks, etc., displayed on the electronic display screen and blackboard.
You must know that Hengjin Investment needs to spend nearly 1.5 million Hong Kong dollars on phone bills every month. This is not the age of the Internet, and information is all about the telephone.
Even if Hong Kong joins NSFNET next year (1991), it only means that stocks can enter the era of computer trading; As for the information, it is still collected by telephone, telecommunication and fax.
The "boss" staff greeted each other and immediately got busy again.
Lin Zuhui nodded, then looked at the data by himself, and soon understood it, and returned to his office.
Japan's economic bubble began to burst in mid-February, and in the following half a month, the Nikkei index had fallen to 33,800 points, the USD/JPY index had climbed to 149 points, and gold had fallen to $380 an ounce.
Shorting the Nikkei has made a profit of 1.4 times, buying USD/JPY foreign exchange has made a profit of 5 percent, and shorting gold futures has made a profit of 7 and a half percent.
Of course, he will not choose to close his position, he is now very stable in finance, and he will not cash out quickly as soon as he makes a profit.
This is a hard injury in his previous life, if he catches a rising stock, obviously the limit is up and down that day, he may rise to 7% and can't help but throw it.
And Lin Zuhui's current mentality is as stable as an old dog, like the current situation, because he knows history - Japan's bubble has always continued.
Therefore, regardless of whether it is USD/JPY foreign exchange or gold futures, they will reach a point and move sideways. At that time, he will have enough time to close the position and will not choose to close it in the profit profit rise range.
For example, if his USD/JPY heart point is 160 points, he will start to close his position slowly at 158 points, taking into account the closing time; Below 158 points, he does not close the position.
There is also a time analysis, he remembers that the Nikkei stabilized a little in April, then rebounded slightly for a few months, and then plunged again.
Based on the comprehensive information, it is expected that the best time to close positions is after the end of March.
After a while, Li Hao came to Lin Zuhui's office.
Lin Zuhui said to him: "The next investment direction of Hengjin Investment is crude oil futures, and you can organize this work." My requirement is to invest a total of 1 billion Hong Kong dollars in several crude oil futures markets, and there is a main safety issue to consider. β
Li Hao nodded and said: "1 billion Hong Kong dollars is not much, the company has the strength to complete the transaction safely!" β
The general leverage of crude oil futures is 9 times, and a margin of 1 billion is equivalent to buying 9 billion crude oil futures.
Mr. Lin was familiar with the year's oil trend, which started at $22 a barrel, soared to around $41 in August, then quickly plummeted to around $15, and then rose to $28 at the end of the year.
With such a clear memory of the price trend, Lin Zuhui does not need to invest too much, buy long first, then short, and then long. The money is spread out and earned, and the risk is small!
Although he knows the price trend, when he never makes the last money, and oil skyrockets to around $35, he will gradually liquidate his position, and he will also gradually short at $38.
In addition, it is a diversified account investment, and the loss of one account does not affect the overall profit.
Lin Zuhui emphasized: "This crude oil futures investment, I ask the elite soldiers to be strong, to pay attention to!" β
Li Hao hurriedly said: "Okay, I'll organize it first!" β
The so-called organization, of course, is a global organization, and Hengjin Investment has bases in the Americas, Europe, and Asia.
"Well, after April, I will go abroad and inspect this work to ensure that nothing goes wrong!"
Li Hao knows that the boss is planning some big plan again!
In the last investment in Japanese securities, it is understandable that the boss was able to perceive this opportunity, after all, the Japanese bubble began.
But this time in crude oil futures investment, what did the boss notice?
These of them are subordinates, of course, just guessing in their hearts!
Lu Donglai walked into Lin Zuhui's office and saw that the boss was flipping through the information, and the speed of reading the information was too fast; If outsiders see it and think they are swallowing dates, only those of them at the top know that the boss is really reading the information carefully.
Li Ke arranged for Lu Donglai to sit on the sofa and poured tea for him, Lu Donglai nodded lightly in thanks!
Soon, Lin Zuhui closed the information and got up and came to the sofa.
"Manager Lu, I recently asked people to investigate the situation of the parking lot business in Xiangjiang, and found that this investment is still very good! Here's the information, you take a little look. Then we will negotiate the acquisition of a company, Prestige Car Park Management Company, and then we will work to develop one of the largest car park management companies with a high monopoly in Hong Kong. β
Lu Donglai nodded and said: "The income of the parking lot is indeed expensive, and it should not be underestimated in the real estate business. β
Hong Kong's small territory determines that the car park charges are high and the profits are also high. There is a fragment in "Genesis", the warehouse is converted into a parking lot, and it can make a profit of 120 million.
The parking lot is like a long-term rental industry, and the land can also be leased to reduce investment, some real estate developers' land has been vacant for a long time, and if it is leased to a parking management company, it can also get income.
As for why he didn't build his own parking lot, this involves that the parking management company also needs to be put into operation and management, and the cost of operating alone is high and the risk is high (it needs to be monitored, etc.).
And this prestige parking management company, Lin Zuhui has some impressions, it seems that it was acquired by Sun Hung Kai in his previous life and has become an important asset of Sun Hung Kai. With 4,000 employees and nearly 280 parking lots managed, the industry is not only highly profitable, but also extraordinary. Moreover, even the mainland has this company, which Lin Zuhui often encounters.
Lin Zuhui said: "Therefore, the acquisition of Weixin Parking Management Company is an important investment for us, and I will hand it over to you!" β
Founded in Perth, Australia in 1962 and Vixen (Hong Kong) Car Park Management Co., Ltd. in Hong Kong in 1983, Vixen Group is a foreign-funded enterprise and currently the largest parking management company in Hong Kong.
The status of its asset value is still unknown, and Lu Dong needs to come and go to investigate and negotiate, but it is estimated that it will involve more than 500 million yuan in capital acquisition.
Lu Donglai felt the heavy responsibility, you must know that in the past, when such a large acquisition case was involved, the boss had to go out in person; It seems that the New Era Group has become a giant consortium, and the boss has begun to slowly decentralize his work.
"Okay, I'll get you a plan and suggestions as soon as possible!"
Lin Zuhui nodded and said: "The current situation is unfavorable to foreign investment, and we have the initiative advantage. Of course, there is no need to be too careful, resulting in the failure of the acquisition, and it is necessary to have a sincere attitude. We set out to think about long-term benefits! β
"yes, I see!"
After Lu Donglai left, Lin Zuhui smiled softly at the corner of his mouth. The birth of the New Era Group will have a large backlog of the living space and market of these old chaebols.
Because, the funds of New Era Group are 'endless'.
Now there is a gross profit of 300 million yuan every month, spending construction costs, interest, buying land reserves, and there are still funds left; So, acquiring a company is not a problem.
Of course, in the acquisition of Weixin Parking Group (Hong Kong), Lin Zuhui intends to hang the debt to Weixin Group, conduct separate accounting, and use the company's net profits to repay the debt.
Vixen Parking Management Group, on the other hand, was originally a group-based parking management company, which was subsidialed by two subsidiaries and operated as a wholly-owned company in the future.
Vilson Parking Management Group, the car park management business is only one of its flagships, and in the future, it can also develop road tolls, technology (equipment and technology used in parking lots), smart mobility and other businesses.