The media in Xiangjiang have reported on the progress of the 'China Commercial Bank Incident', giving a lot of praise and hope, and everyone agrees that the China Commercial Bank Incident is expected to end happily with the cooperation of the three parties.

Mr. Lin Zuhui took the initiative to stand up and bring the China Commercial Bank, which was on the precipice, back to safety;

The Hong Kong government also played an active role, promising that if Mr. Lam Cho-fai handled the China Commercial Bank well, he would have the right of first refusal to purchase overseas trust banks (price private agreement);

The depositors of China Commercial Bank have signed the 'no run' commitment to cooperate with Mr. Lin Zuhui to take over China Commercial Bank.

For a time, all three parties have been well received by the society!

This is something that the Hong Kong government did not expect!

Originally, the Hong Kong government was greatly criticized in this incident; In the first half of this year, the Hong Kong government first collected a 200% tobacco tax, and then soon changed it to a 100% tobacco tax.

Now public opinion has changed suddenly, and the Hong Kong government has suddenly received praise, which is something that Hong Kong government officials did not expect. However, some people also understand that Lin Zuhui may not have contributed to this, although it is said that Xiangjiang advertises freedom of the press, but Lin Zuhui's influence on public opinion cannot be without.

The Guoshang incident was carried out in an orderly manner, and Lin Zuhui's consultant team was helping him deal with it, mainly to review the details of the debts, assets, and deposits of the Guoshang Bank. The Hong Kong government has not yet formally signed a contract, and the two sides agreed to sign a formal contract in mid-June.

Once the contract is signed, the 32 branches of the bank will be able to open for business immediately, and the original staff of the bank will return to their posts one after another, and as for the senior management, most of them will be replaced by Lin Zuhui's team.

........

Monday, May 13.

Lin Zuhui came to the ACN Center, along the way ushered in the admiring eyes of the staff, recently the boss is the most influential person in Xiangjiang, taking over the China Commercial Bank needs to inject 5 billion cash, the New Era Group rights issue 3 billion (nearly 1.5 billion), their boss to come up with 6.5 billion cash, the wealth is so strong, so that Hong Kong people are dumbfounded.

Other billionaires, including Li Chaoren, have invested in large projects, although there are billions or tens of billions, but after all, it is an investment, supported by bank loans.

Lin Zuhui's investment this time, almost no bank loans, because they ushered in a strong opponent; A business tycoon who has never failed, and a self-made Chinese richest man full of legendary experiences.

"Hello boss!"

"Good!"

Lin Zuhui was in a good mood and responded.

In April and early May, New Era Group did not stop, first issuing bonds to obtain 2 billion funds, and then raising funds by rights issue to obtain 3 billion funds, which made the funds on the account skyrocket.

Of course, he also reduced his funds a lot because of the rights issue of nearly 1.5 billion; It is equivalent to more than 700 million dividends this year, which has been doubled and returned to New Era Group.

He can choose not to pay, that is, the stock will be diluted; The same is true for stockholders, who can give up opportunities to new investors.

When he came to his office, Lin Zuhui suddenly had a feeling: next year New Era Group will move to 'Central Plaza', and his office will be on the top floor of the tallest building in Asia. It's just a 1,000-square-foot office, but it can issue instructions to the world, with hundreds of thousands of employees and trillions of assets under management.

Big husband, when it is!

Retracting his imaginary thoughts, Lin Zuhui read the newspaper seriously, and recently he has been using the advantages of his media to build momentum, and he wants to use the celebrity effect to advertise his bank.

This is also why the rich generally 'do not show their wealth', but Lin Zuhui took the initiative to say that he would inject 5 billion yuan to save the State Commercial Bank.

The funds of 5 billion yuan are sufficient, the deposits of 4.6 billion yuan will not be withdrawn immediately for the time being, the 2 billion debts owed by the Hong Kong government can be repaid in installments, and the overseas debts of a total of 1.8 billion yuan can also be paid in batches according to the deadline.

After taking over the bank, we will actively pursue those debts and try to minimize bad debts. It is also necessary to vigorously absorb deposits, reshape the image, improve services and hardware facilities...... In short, since the Hong Kong government decided to sell the Overseas Trust Bank to him for 2.5 billion Hong Kong dollars, he felt that he had not lost at all. It is equivalent to saving him 2 billion Hong Kong dollars, and he also has the right of first refusal.

You must know that in the previous life, the Chinese Bank also planned to buy the National Commercial Bank, but it was frightened by the overseas unrecorded debt of 2 billion. Now that there is a place to fill the gap of 2 billion, Lin Zuhui certainly feels that he has picked up a bargain, because he is originally a bank novice, and according to normal channels, he has almost no ability to put his banking strength into the top five in Xiangjiang in one fell swoop.

Speaking of which, it is because his relationship with the Hong Kong government is deep enough, and Zhuo Shengcai of the Banking Regulatory Office, he seems to remember that he is a veteran customer of 'Hengjin No. 1'; and this agreement needs to be voted on by the Legislative Council, after all, there is a suspicion of reselling the 'Haito Bank' at a low price, so the Legislative Council can pass the test, and Lin Zuhui's relationship is deep.

After reading the newspaper for a while, Lin Zuhui was interrupted by a knock on the door, so he put the newspaper aside. I can only read the newspaper in my free time, and I mainly have to focus on my work.

"Boss, the preliminary plan for the Tsuen Wan Plaza project is ready, I'll take it to you for review!" Chen Bin carried a heavy number of plans and plans in his hand, and then put them on Lin Zuhui's desk.

Lin Zuhui got up, put the information on his wide desk, and said with a smile: "So much, I have to work overtime in the past two or three days!" ”

Chen Bin secretly smacked his tongue in his heart, with so much information, he needed to watch it for a week, and the boss only needed two days. He doesn't think that he can read more carefully than the boss, because the boss is very efficient, and almost all of them are carefully read.

Speaking of which, the boss is still his own 'apprentice', the knowledge in the field of architecture, the boss often asked himself, and the boss has learned like fire very early, and he is not weaker than his own high-achieving construction students from professional classes and world-famous schools.

"The boss has worked hard!"

"What's the hard work, I'm also sloppy now, and I'm going to look at it again. Mainly, it makes me feel very relieved to have you in the management. Now I also look at the drawings of these large-scale projects, which saves me a lot of trouble! ”

"The boss gives us a high salary, we should do our best!"

After Chen Bin left, Lin Zuhui flipped through the plan of Tsuen Wan Plaza, and just looking at the renderings, it was already boiling.

6,000 residential units with a total floor area of 4.8 million square feet;

Two large shopping malls and two small shopping malls (in the community), with a total shopping area of 1.2 million square feet;

Two commercial complexes (including hotels and office buildings), with a total office area of 1.8 million square feet.

The project is made up of two 'mega estates' – Ocean Love and Tsuen City Place, two large shopping malls – Citywalk and Tsuen Wan Plaza, two super towers – 88 storeys and 42 storeys – as well as two small shopping malls in the community.

The total investment is expected to require 10 billion Hong Kong dollars!

At present, Citywalk has been under construction for more than a year and is expected to open in mid-1992. Citywalk is a large-scale four-storey building with a total rental area of 580,000 square feet. The land of Citywalk and Sea Love is the reclaimed land of the original Tsuen Wan Old Pier, so it is adjacent to the sea, the scenery is very good, and there are yacht landing piers and ferry landing piers.

Except for Citywalk, the other projects are divided into five years of construction, and it is expected to be completed for a long time.

........

In the afternoon, Lin Zuhui took Gao Yi to Standard Chartered Bank to discuss the acquisition of Standard Chartered Bank Building (Central).

The building, which was completed just last year, is 42 storeys tall and has a floor area of 256,500 square feet, including 43,200 square feet of shopping malls and 213,300 square feet of office buildings.

The commercial building is a first-class commercial building, and the location has nothing to say, just next door to HSBC, looking north to the Prince Building, and also on the diagonal back of the No. 9 Building on Queen's Road Central, which covers a small area.

The Standard Chartered Bank Tower was designed by P&T Group architect Remo Leeva, who had just completed the Exchange Square design project and decided to reapply the concept of "building as sculpture" to this project. The Standard Chartered Bank Building is an architectural artwork inspired by the atmosphere of a 1930s American public bank hall, with stained-glass windows and octagonal bronze accents, a 55-foot-high foyer on the ground floor, and an entrance corridor made of granite and mica. Starting from the 17th floor, the Standard Chartered Bank Tower is reduced inwards every 6 floors, creating an imposing impression that reaches straight into the sky. The façade of the building is made of pink and gray-brown granite. The designer used wax pink (but the glass windows are made in the original American style) to create an extreme contrast with the two modern buildings in the east and west, forming space and thinking.

Chater Bank has been operating poorly in recent years, its finances are not good, and it has just experienced a 'squeeze turmoil', so Lin Zuhui made a tentative contact.

He knew that it was impossible for Standard Chartered Bank to sell Standard Chartered Bank directly, after all, this was the headquarters building; However, Standard Chartered Bank needs capital and is not good at managing office buildings and shopping malls, so it has proposed a slightly more complex cooperation model.

Chinese Estates paid HK$1.2 billion in cash to Standard Chartered Bank and pledged to make a total net rental profit of HK$2 billion over the next 20 years. As a result, Chinese Estates acquired the right to control all the leased area except for the two-storey office, i.e. Standard Chartered Bank only retained the lease right of the two-storey office building (for its own use, and then handed over to the control of Chinese Estates after 20 years) and the naming right of the building.

Of course, the property interest needs to be distributed, Chinese Estates accounts for 5% of the equity, and Standard Chartered Bank accounts for 5% of the equity, which is the net profit of shared rent (excluding the rent of two-storey buildings in the first 20 years).

The current value of Standard Chartered Bank is about 2 billion ~ 2.5 billion (the price of the building is not uniform), and the Chinese Real Estate took out 1.2 billion cash to buy its 5 percent equity and 9 percent of the right to use it (Standard Chartered Bank's two-story building does not need to pay rent for 20 years), which is still very worthwhile.

Standard Chartered Bank has access to HK$1.2 billion in cash, guaranteed a stable rent for 20 years, and no need to manage the building.

Especially at present, Standard Chartered Bank has some problems, and the bank also has times when it has no money.

When they arrived at the conference room at the headquarters of Standard Chartered Bank, both sides sat down.

Standard Chartered Bank Taipan Rains congratulated Lin Zuhui and said: "Congratulations to Mr. Lin for extending his career to a new field, and we will be peers in the future!" ”

Lin Zuhui said modestly: "Mr. Lynes has won the award, compared with after Standard Chartered, I still have a long way to go and learn!" In the field of banking, there are countless Chinese banks that have fallen, and I am also walking on thin ice! ”

Lynes said: "Other people can't do a good bank, but Mr. Lin must do a good bank, because you have a very good long-term vision!" ”

"Thank you, you complimented!"

After a bit of modesty, everyone had a final discussion with each other about the cooperation of the Standard Chartered Bank Building.

Originally, Standard Chartered Bank wanted to leave the control and rights of all shopping malls and two-story office buildings, and then hand them over to Chinese Real Estate after 20 years, and the price was only 800 million Hong Kong dollars.

However, Lin Zuhui attaches great importance to the shopping mall network, so he increased the price to 1.2 billion Hong Kong dollars, and also wanted to win the dominance of the shopping mall.

At present, Chinese Estates has put a lot of effort into the management of the shopping mall network and hired top international talents. You must know that managing the shopping mall network is not just as simple as collecting rent, but also having a layout vision of the retail industry, otherwise there will be no big names to settle in, and the quality of the shopping mall will decline.

"Mr. Lim seems to be very bullish on the prospects for office and shopping malls, which have not skyrocketed along with residential growth this year," Lanes said. ”

Lin Zuhui said with a smile: "The reason why these two properties are sluggish is that Lynes wants to understand. Therefore, I am just optimistic that the mainland will open up, and European and American capital will return to Hong Kong and the mainland sooner or later, so there are still prospects! ”

Seeing Lin Zuhui confessing like this, Rains did not change his mind, but expressed his good impression of Lin Zuhui's analysis.

In fact, the deal between Standard Chartered and Hang Lung in the previous life was reopened in 1992, when Hong Kong's office buildings and shopping malls began to gain momentum.

However, Lin Zuhui likes to take the first step, so as not to break out in the bidding situation, and the price may be outrageous at that time.

This time in cooperation with Standard Chartered Bank, the premium is also one or two percent, after all, who will cooperate with you at the parity. Unless you come across the kind of person who takes the initiative to sell the property, you can also make a counteroffer.

On the same day, the two parties reached a cooperation agreement to increase the rental property of Chinese Estates by another 25.65 square feet (half of the equity).