On the first working day of 1991, Lin Zuhui first came to the family office.

Today, most of the senior staff of the family office have left Hong Kong and returned to their respective jobs.

Li Hao came to Lin Zuhui's office, where he is now an investment manager in the investment department of the family office, managing a fund that specializes in investing in Hong Kong stocks.

Lin Zuhui asked: "How is the progress of buying blue chip stocks?" ”

As early as November last year, several family-run funds were established and began to buy U.S. stocks, British stocks, and Hong Kong stocks.

The fund in charge of Li Hao has a total of 4.5 billion Hong Kong dollars, in addition to 4 billion for the purchase of blue chip stocks, the other 500 million is used as a 'free' investment fund for investors. The Hong Kong family office also has 500 million yuan in funds to set up a real estate fund to specialize in investment properties.

As far as the current situation is concerned, because of the existence of Lin Zuhui's 'open hanging', the funds of the family office will basically choose to invest in financial products. As for large-scale investment in industry, we have to wait for the assets of the family office to double before considering it. It can also be said that after the Hong Kong stock market cannot accommodate it, it will be considered.

Li Hao said seriously: "At present, 3.5 billion blue chips have been bought, and all the goals can be completed soon." ”

Lin Zuhui nodded, investing in blue chip stocks reassured him, he may not grow as well as other stocks, but it is better to rise steadily.

The two then discussed the details of the investment before ending the meeting.

Judging from Lin Zuhui's arrangement, of the 5 billion funds of the Xiangjiang family office, 4.5 billion yuan was invested in projects he was familiar with, and only 500 million yuan was allowed to be 'free to play' by investors.

The same is true overseas.

It can be seen that at present, the main function of the family office is not investment, but service.

In the morning, he arranged for Hengjin Investment to start buying the April futures contract of Hong Kong stocks.

Although the futures index contract is also leveraged, Lin Zuhui is more familiar with Hong Kong stocks after all, and feels more sure. And there's no risk, after all, a lot of rich people are investing in this thing.

After arranging the investment, Lin Zuhui sat in the office and began to think.

He currently has more than 5 billion cash flow in hand, and there is no investment channel, so he can only idle it in his account, which makes him happy and heartbroken.

He actually wants to keep this money for the development of the banking industry!

Soon, he began to plan for a banking business.

He is a real estate developer, and the reason why he has not developed a bank is simple:

If he were a banker, it would not be so easy and convenient for other banks to lend to New Era Group;

He is a big real estate developer, and depositors are not worried about putting their money into his bank, they will think that Lin Zuhui will use their money to invest in real estate, if they lose money, the bank will fail, they will lose a lot of money, this kind of thing often happened in the past few decades in Xiangjiang.

Today, however, things have changed:

First, New Era Group has large assets, sufficient cash flow and good reputation. So even if he is a banker, there are banks that are willing to lend to New Era Group, especially overseas banks and Chinese banks, and they are even more willing to lend.

Second, Lin Zuhui's personal influence and credibility have grown to the top of Xiangjiang businessmen. Now his strength has been exposed, for example, Xiangjiang investors know that Lin Zuhui's listed company does not pay much dividends, but Lin Zuhui himself has huge wealth.

Of course, there are drawbacks!

However, DBS is more suitable for his next path, because many of the financial investments in his mind need a bank to support.

Now that he has decided to develop the banking industry, Lin Zuhui has also begun to synthesize his memory and think about how to intervene in this industry.

Two options came to his mind: Overseas Trust Bank and China Commercial Bank (Hong Kong)

Overseas Trust Banks:

Founded in 1956 by wealthy Malaysian businessman Teo Ming Tim and comprising Hong Kong businessmen such as Hong Kong banker Cao Yao, the bank was listed in 1972 and built a 30-storey head office building in Wan Chai in 1976. Before being taken over by the Hong Kong government, Haito Bank had 43 local branches, 8 overseas branches, and controlled Industrial and Commercial Bank of China and Dajie Finance Company.

In June 1985, the 'inability to repay debts' crisis broke out in Haita, and the Hong Kong government took urgent measures to prevent the banking crisis from spreading to the entire Bank of Hong Kong. The Hong Kong government injected HK$2 billion and took over the Haita Bank. In 1986, it lost 230 million yuan, and the cumulative loss was 3.1 billion yuan; in 1988, it began to turn losses into profits, and the current cumulative losses should be about 2.5 billion yuan.

China Commercial Bank (Hong Kong):

China Commercial Bank (Hong Kong) is a wholly-owned subsidiary of Credit and International Bank of Commerce, with more than 30 branches in Hong Kong, and its parent company is registered in Luxembourg.

A few years ago, the National Commercial Bank (General) was found to be a politician, drug lord, and arms dealer in the third world, and had close contacts with drug lords, and did not launder money from drug lords. Because of the bank. Therefore, the original Pakistani major shareholder Abi has been replaced by the UAE government's major shareholder. However, there are still very problems, and the banking authorities of many countries have already monitored the National Commercial Bank, but there is no evidence.

Although China Commercial Bank (Heungjiang) operates independently, in fact, it is also 'depositors' money is gone', and there are many bad debts.

In the previous life, in July of this year, the Bank of England commissioned an accountant to inspect the National Commercial Bank, and finally discovered fraud such as falsifying accounts.

Then, the biggest scandal in the world banking industry in the 90s broke out, and the China Commercial Bank had lost $4 billion.

China Commercial Bank (Hong Kong) is also unavoidable, it has 11 billion deposits and more than 40,000 depositors. When the UK issued a warning to the Hong Kong authorities, although Heung Kong immediately dispatched HSBC and the China Banking Regulatory Commissioner, many depositors did not withdraw their money as soon as possible because they stressed that 'everything is normal' on the first day. The next day, it was officially closed.

Next, it is conceivable that the China Commercial Bank (Hong Kong) incident broke out, and a large number of depositors protested and staged a sit-in in the Hong Kong government and on the road. Because the Hong Kong government felt that it was a foreign bank and chose not to use the reserves to save the bank (Hong Kong), the depositors of the bank could not withdraw their money.

The ultimate fate of the Heung Kong International Commercial Bank was to apply to the High Court for liquidation, and the depositors did not get all their money back until 1999, through various means such as gradually selling assets and recovering bad debts.

Lin Zuhui was in the office and began to pace and think.

If he chooses to apply to the Hong Kong government to buy an overseas trust bank, the Hong Kong government may not consider him because he has no experience as a banker; The Overseas Trust Bank has become a sweet spot, selling for a sky-high price of 4.3 billion Hong Kong dollars in 1993. You know, at that time, there was a debt of about 1.6 billion Hong Kong dollars.

There were many banks that pursued overseas trust banks, and in the end, the Hong Kong government chose Guoco Group because of its good performance in the purchase of Hang Lung Bank.

In other words, the Hong Kong government will not see the money, and they need to consider the ability of the receiver to avoid another banking crisis that will affect the entire banking industry in Hong Kong.

"If I handle 'China Commercial Bank (Hong Kong)' well, then I will have the greatest advantage!"

However, in the previous life, it was not that there was no consortium that wanted to buy China Commercial Bank (Hong Kong), but it turned out that because the Hong Kong government's exchange fund did not guarantee the bad debts of China Commercial Bank (Hong Kong), it all relied on blowing.

Moreover, during the provisional liquidation, the Chinese Bank (the predecessor of China CITIC Bank) also intended to take over, but suddenly there was an unrecorded overseas debt of 2.5 billion, and the Chinese Bank could not bear this debt and had to give up.

If Lin Zuhui wants to take over, he has to consider two issues: first, the money of the depositors in his previous life was not paid until 1999, indicating that the deficit is very serious; Secondly, we have to consider the unrecorded debt of 2.5 billion.

Even if Lin Zuhui pays a symbolic 1 Hong Kong dollar acquisition, he will need to deal with a large amount of debt, which is obviously not cost-effective.

Or you don't have enough money, otherwise you need to think too much!

In the end, Lin Zuhui planned to put this matter aside and couldn't make a decision in a hurry!

.......

On January 8, at the Grand Hyatt Hong Kong Hotel, Xu Jinheng got married.

The hotel lobby, auditorium, reception venue, stairwell, etc., have all been decorated with flowers and leaves, which were flown in from the Netherlands and France, and cut and arranged by French masters, and it is said that the cost of this alone has reached 3 million. The Dior wedding dress worn by Miss Ho was specially flown to Paris and was tailor-made by the famous designer Ferre, worth 600,000 yuan.

The wedding is held over three days, the first day is for relatives of both parties, the second day is for business and political friends and partners of both families, and the third day is for friends of the newlyweds.

Lin Zuhui and Wang Lingyin attended the wedding on the second day, compared to Lin Zuhui's wedding that year, after all, it is still more than a step behind, it can be seen from the identity of the VIP alone, the Hong Kong government and the mainland almost did not send people. In the past few years, I have not had a very pleasant quarrel with the Hong Kong government over the matter of gambling ships at sea.

"Congratulations, a hundred years of good together, early birth of a noble son!" As soon as he arrived at the scene, Lin Zuhui said 'hypocritically'. He knew that the couple would be separated in less than two years, but it was embarrassing for him to say such unconscionable words.

"Thank you, Lin Sheng, Mrs. Lin's blessings!" Xu Jinheng said politely.

It looks really honest, but it's a merry seed. It's like Lin Zuhui, who looks like a romantic person, but is actually a romantic person.

Miss He slandered in her heart, because everyone is good friends in the circle, and at one party, the Lin tycoon openly said that the two were not suitable. Of course, because it is a friend, she didn't take it to heart, not to mention that this marriage is a commercial association, in her opinion, as long as the man is not bad, it can be accepted. But now this Lin tycoon is really hypocritical!

He Sheng and his wife, Xu Shixun and his wife, also greeted Lin Zuhui and his wife, and treated everyone in one position, and did not dare to treat Lin Zuhui and his wife as juniors.

"Invincible Begins with Sacrificing to the Ancestors"

Walking into the wedding scene, Lin Zuhui and Wang Qilin and his wife converged.

"Father-in-law, mother-in-law!" Lin Zuhui's shouting is more unique.

Wang Qilin and his wife responded immediately, and they also did not treat their son-in-law with a general attitude, and they seemed very approachable.

In the past few years, the Wang family has been steadily working in Xiangjiang, and has actually operated a medium-sized real estate company into a large-scale real estate company, which is almost the same as Eagle King. At present, the market value of Gaosheng Real Estate is also 6 billion Hong Kong dollars, ranking 13th among the top 20 real estate companies in Hong Kong. In my previous life, I had never heard of how famous Gaosheng Real Estate was, but in this life, it performed very well.

However, Lin Zuhui is still not optimistic about Gaosheng Real Estate, because Wang Qilin has invested in a lot of rent-collecting properties in the past two years and has not paid attention to the matter of land reserves, so he will soon be uncompetitive.

Of course, there are so many rent-collecting properties under its umbrella, plus properties under private names, the Wang family is worth almost 10 billion.

Of course, it's not very rich, after all, at the end of last year, some people counted that there were 2,000 people worth one billion yuan in Xiangjiang, and more than 100 people worth 5 billion yuan. Many people have a large amount of assets overseas, and it is impossible to count them.

"Zu Hui, what have you been busy with lately?" Wang Qilin asked with concern.

Lin Zuhui said: "I am busy with everything, overseas, in the mainland, and in Hong Kong, the richer I am, the busier I am!" ”

Wang Qilin knows that his son-in-law is not bragging at all, in the past six months or so, the stock of the New Era Group has skyrocketed, and with the listing of Asia Television, Lin Zuhui has become a veritable richest man in China, and he is far away from Li Chaoren.

Although the market value of Cheung Kong is very high, Hutchison Whampoa is a subsidiary of Cheung Kong, and HK Electric Cargo is a subsidiary of Hutchison, and it is not directly under Li Chaoren's name, so not a penny will be counted in Li Chaoren's net worth.

On the contrary, the New Era Group, its own asset value is concentrated in one company, and Lin Zuhui's shareholding is so high that it is 49%, so his net worth is very high.

Wang Qilin asked tentatively: "What do you think is the rate of return on investing in overseas industries?" ”

Lin Zuhui said generously: "Very poor! Father-in-law, just stop in moderation, just have that meaning! ”

His second brother-in-law, Wang Lingyin's second brother, has been in Canada, and Wang Qilin has also purchased a lot of assets in Canada.

Wang Qilin nodded!

After a while, people came to greet Lin Zuhui one after another, and he seemed busier than anyone else.

His current status is prominent, and he can no longer be viewed from the perspective of a businessman.

When he proposed 'rejuvenating Hong Kong with Hong Kong culture', he had already become a top businessman in Xiangjiang, and Li Chaoren was slightly inferior.

"Lin Sheng, I heard that you invested in the United States Baotong Bank and rescued them from danger?"

"Amazing, I only heard that Hong Kong's Citibank was involved in helping Chinese banks in trouble, but now I didn't expect that the headquarters of Citibank is actually our Chinese who are rescuing them!"

Recently, the news from the United States that the Chinese super-rich had invested $200 million in International Baotong was reported, and Hong Kong reporters dispatched to interview Lin Zuhui and Li Chaoren. Li Chaoren naturally denied it, but Lin Zuhui had no way to deny it.

IWC is now difficult to protect itself, with a funding gap of more than one billion US dollars, but no one dares to invest; And now that the Chinese are very rich and the princes of the Middle East are investing, they naturally want to use it as propaganda to say that they will not go bankrupt or something like that.

Therefore, Lin Zuhui was exposed!

"It's all a normal investment, I see that the prince of the Middle East has invested, and he has also invested!" Lin Zuhui said modestly.

"There have been a lot of bank failures in the past two years!"

"You don't understand, Lin Sheng is good at copying the bottom, eighty-seven stock market crashes, eighty-nine plummeting, he has bought the bottom!"

Everyone has it, and although the words are flattering, they are a little uncomfortable to listen to.