On Wednesday, Lin Zuhui made an impromptu decision to go to New York, USA.

On the plane, Citibank Vice President John and Lin Zuhui sat together, and Lin Zuhui and Lin have become friends since the two attended the groundbreaking ceremony of the International Treasure Center in Hong Kong.

This time, John came to Hong Kong in person to persuade Lin Zuhui to invest in Citibank, and Lin Zuhui readily agreed.

It turned out that there was a 'U.S. banking crisis' this year, and Citibank, one of the largest commercial banks in the United States, was urged by the Federal Reserve to increase its capital reserves due to huge losses in real estate loans.

John thought of Lin Zuhui, the 'stock god', although this stock god is not on Wall Street, but he is the real stock god. The rise of Lin Zuhui cannot be completely secret, and where the huge wealth comes from, everyone knows that it is obtained from the financial market.

The reason why Lin Zuhui agreed was because he knew that this investment was still quite promising, and in his previous life, Citibank had an annual return of 40% throughout the 90s; Moreover, if Lin Zuhui becomes the majority shareholder of Citibank (without management rights), he will have an additional helper in his plans to buy down commercial real estate and other investment plans in the United States.

Since 1989, the vacancy rate of office buildings in Europe and the United States has increased year by year, and the price of office buildings has naturally plummeted. But Lin knew that that would change in 1992.

In Lin Zuhui's view, it is a good time to start buying the bottom next year.

Investing in office buildings in Europe and the United States is not about how big the rate of return is, but about stable income, but it is conservatively estimated that the annual rate of return is more than 10%, because it is a bottom-copying, so the rate of return will be a little higher.

On the plane, John said, "Mr. Lin, if your financial advisor is satisfied with the audit, how much will you invest?" He pinned great hopes on Lin Zuhui, whose wealth was unfathomable, according to the head of Citi Xiangjiang.

Lin Zuhui said with a smile: "My financial adviser will not be satisfied with your Citibank's finances, as far as I know, the commercial real estate in the United States is extremely bad this year, and your customers go bankrupt from time to time, generating so many bad debts, how can Citibank's finances be satisfied?" ”

The so-called bottom-buying is nothing more than gambling, and the target company at this time is basically a mess.

Citibank's current stock price is around $12, but according to a news report that Lin Zuhui saw in his previous life, Citibank's stock price will also drop to about $8 next year due to the news that U.S. commercial real estate continues to deteriorate.

Therefore, he is not just buying the bottom, but handing over Citibank.

John didn't expect Lin Zuhui to make such a direct evaluation, but he still said: "After all, the difficulties are short-lived, Citi is one of the largest commercial banks in the United States, and it has gone through several such crises in history, and it has survived smoothly." ”

"The bigger the scale, the more dangerous it is in this crisis. Citibank is grappling with a number of real estate problems, and its prospects are bleak after a scramble to clean up many of the disastrous lending to developing countries. Of course, although Citibank has a lot of problems, I still tend to invest, and I think this is a long-term investment. ”

John breathed a sigh of relief, this investor was recommended by himself, and naturally hoped to succeed.

New York.

Lin Zuhui listened to the reports of Hengjin Investment and family office in the conference room of Hengjin Investment.

Bruce, the manager of the investment department of the family office, seriously reported the situation of Citibank, and he participated in the financial investigation in the name of Hengjin Investment.

As expected, Citibank's overall situation is not optimistic, even more so than that of other U.S. banks.

Lin Zuhui asked, "If I plan to invest, what do you think?" Although he had already decided on the investment, he still asked for professional advice.

"There's risk, but if the investment is successful, the return is great," Bruce said. A similar situation happened to Bank of America in 1987, but it has now gotten better and has not had a very big impact in this crisis. If you decide to invest, I would suggest that you keep it below $100 million. ”

Lin Zuhui shook his head and said, "No, I have a longer view, so I plan to invest 200 million US dollars, and I will consider continuing to invest in the future." My reasoning is that the Citibank crisis may not go away in a year or two, but it will definitely get better in two years, because I am bullish on the U.S. economy and real estate throughout the nineties. Your family office and Hengjin Investment should also pay attention to the commercial real estate situation in Europe and the United States recently, and I may intervene in a large-scale bottom-buying activity next year. ”

Bruce was stunned, it seemed that his boss was a very creative boss as George of Hengjin Investment said, and his financial talent was far better than that of Wall Street's elites and stock gods.

"Okay"

The next day, Lin Zuhui and a group of people came to Citibank's headquarters at 399 Park Avenue in New York City. This was the first time he really stepped into Wall Street, because the first few times he came to Wall Street was very low-key and no one knew about it.

This time it was different, he was inspecting Citibank in the name of the family investment company, Hengjin Investment. Once the investment deal is concluded, it is bound to be reported by many media in the United States.

John Reed, chairman of Citibank, greeted Lin and his entourage, feeling under a lot of pressure after the recent wave of criticism in the American media. Now that Lin Zuhui is here, maybe he can alleviate this situation.

"Mr. Lin, welcome to Citibank!"

"Mr. Reed, I am also honored to be here at Citibank, and even more honored to be on Wall Street!"

"Haha, Mr. Lin is humble, your reputation on Wall Street is very big!"

This is not a good thing, for Lin Zuhui, who likes to keep a low profile. However, it is impossible for him to completely hide his strength, after all, his money cannot be conjured out of thin air, so it is easy to find out that he has made more than 10 billion financial profits.

has made a profit of more than 10 billion yuan in six years, which is naturally slightly more powerful than the elite of Chinatown.

After a polite review, everyone came to the conference room.

John Reed naturally introduced Citibank first, but it was all good news and not bad news.

At this time, Citibank's market value was less than $4.2 billion, and if Lin Zuhui invested $200 million, it would account for about 5% of the shares. This kind of investment will not be troubled by the US government, and Lin Zuhui will not be able to enter the management anyway. On the contrary, when Americans are worried that Citibank will go bankrupt, Lin Zuhui's involvement in the investment is a relief in the snow, and it will be praised by everyone, including American stockholders.

Therefore, Lin Zuhui said: "The situation of Citibank, my financial adviser has already informed me. Although it was not optimistic, I decided to invest. ”

When Reed heard this, he didn't expect Lin Zuhui to be so refreshing, worthy of being a hidden predator in the financial world.

Next, we discussed the investment plan.

The so-called investment is naturally not to buy stocks from the secondary market, so it will not be of great benefit to Citibank itself. Naturally, Citibank shares were acquired through the issuance of common or preferred shares, and Citibank was able to raise funds.

In the end, he bought 4.9% of Citigroup's common stock for $12.46 per share, for a total of $207 million.

He plans to let Hengjin Investment invest in this fund, and as for the funds, it is naturally through a loan from the Bank of Hong Kong, and part of the assets of Hengjin Real Estate are used as collateral.

He has more than 5 billion cash flow (personal coffers), but he thinks that since Citibank has a high annual return of 40% throughout the 90s, he can net 32% a year on this investment, even after deducting 8% interest.

Very cost-effective.

As for their own cash flow, they naturally have to do more.

After reaching an agreement, John Reed said, "Mr. Lin, we have prepared a dinner party for you tonight, and I hope you will come!" ”

Now that they have made a name for themselves on Wall Street, Lin Zuhui naturally doesn't need to hide his head and tail.

"Of course!"

The Peninsula New York.

Citibank actually held the banquet in its own hotel, and Lin Zuhui couldn't help but sigh that others have a way of doing things.

Lin Zuhui and George, President of Hengjin Investment, attended a dinner hosted by Citibank.

When he arrived at the scene, Lin Zuhui couldn't help but be stunned, there were still many people invited.

John Reed greeted him as soon as possible and said, "Mr. Lin, let me introduce you to you!" ”

Lin Zuhui nodded and followed John Reed to make his Wall Street debut.

"This is Mr. Warren Buffett from Berkshire Industries, and he really wanted to get to know you and took the initiative to attend this banquet!"

Lin Zuhui thought to himself, it seems that he has exposed a lot of strength! However, he believes that Wall Street only knows that it has made a lot of money on foreign exchange and crude oil, but does not know the specific details. According to rough estimates, in the eyes of these people, he has made one or two hundred billion.

In fact, he has almost made three or four hundred billion!

Warren Buffett said happily: "Mr. Lin, your Hengjin investment has become famous on Wall Street, but Wall Street has not waited for your arrival, and now you are finally here, and it is an investment that shocks Wall Street!" ”

John Reed's face is green, Citibank is so unbearable! Citibank did ask Warren Buffett to invest, and as a result, no one else would invest in such a risky company at all. On the contrary, a Chinese and a Middle Easterner are ready to invest.

Lin Zuhui said politely: "Mr. Buffett, compared to your name as an American stock god, we are famous there!" ”

Warren Buffett said admiringly: "You are the god of stocks!" In Heung Kong, if I were called 'Lin Zuhui of Heung Kong', I would be honoured to do so! ”

The two praised each other, attracting the listening of the people around them!

For Lin Zuhui's name, it is true that almost everyone on Wall Street knows it, and he is more famous than Lee Shau Kee's 'Asian stock god' in his previous life.

However, what happened to Lin Zuhui this time also made him understand that there is no impermeable wall in the world, and if he wants to hide his wealth, he can't completely hide it.

The family office will also expose some strength one day, which is obviously not good for him.

In his mind, he thought of entering the banking industry, and it seemed that the real family would master the bank. When I go back to Hong Kong, I will think about it.

Then John Reed introduced a Middle Easterner and said, "Mr. Lin, this is Prince Waleed of the Middle East, and he is also interested in investing in Citibank!" ”

Lin Zuhui knew that in the past two years, Citibank would issue a lot of ordinary shares and preferred shares, and it was impossible to find only one investor for him. However, it doesn't matter, next year Citibank will issue preferred shares, and he will subscribe again to strengthen investment.

"Mr. Lin, you and I have similar experiences, and I feel that we should become good friends!" Waleed said enthusiastically.

Lin Zuyao said with a smile: "I have also heard of you, Prince Waleed, it is said that you have bought a lot of real estate in Riyadh, and I think your investment is very promising!" ”

Waleed said happily: "I will say, you must be my friend, and agree with me!" And you have more vision than me, Citibank's affairs, I don't have you to react as fast, but I have already decided tonight, follow you to invest in Citibank! ”

John Reed was immediately happy, with the investment of the two richest people in Hong Kong and the Middle East, Citibank would more or less get back a little bit of it. Those hateful Wall Street critics actually said that Citibank was going bankrupt, which is really discerning.