Chapter 559 [Eventful Autumn]

Tsuen Wan.

Lam Cho-fai took Kwan Ka Wai and her two sons to Citywalk Shopping Centre to experience his retail property.

In this area (Tsuen Wan Old Pier), New Era Group has four major projects, namely two shopping malls: Citywalk and Tsuen Wan Plaza; Two large-scale residential estates: Tsuen Shing Hui and Ocean Love, with a total of 6,600 residential units.

Citywalk Shopping Centre, with an area of 600,000 square feet, is the largest shopping mall currently in Tsuen Wan, attracting the entire Tsuen Wan community after its official opening in 1992.

The Tsuen Wan Plaza, which is under construction, is even larger, consisting of two skyscrapers with a height of 88 storeys and a 42-storey building, as well as a large shopping mall; The total leasing area is 2.6 million square feet, of which 380,000 square feet are shopping malls.

When the project was first established, many people did not understand why Lin Zuhui wanted to build two shopping malls at the same time next to each other; Of course, now they don't understand either.

Maybe only some people understand, that is, if the New Era Group does not occupy the best location in Tsuen Wan, then other real estate developers will also come to seize the commercial real estate in Tsuen Wan.

Rather than getting caught up in competition with other companies, it is better to compete with two shopping malls of your own.

Of course, the two shopping malls are slightly different: the proportion of luxury brands in Citywalk will definitely not be as high as that of Tsuen Wan Plaza; The top floor of Citywalk is a children's recreational facility, while the top floor of Tsuen Wan Plaza is a garden-like landscape with fossil trees on display.

The entire Tsuen Wan Old Pier project will be completed and put into use in early 1997; At that time, it will be the peak of Xiangjiang real estate, and there will be no worries about leasing and rent.

"Baba, I'm going to the playground!" As soon as Lin Wenhua arrived in Quanxintiandi, he said familiarly. He is active by nature, has a jumpy personality, but fortunately he is smart and clever, and his learning ability is still good.

Lin Zuhui nodded, and then a bodyguard took him and his younger brother to the playground, just leaving Lin Zuhui and Guan Jiahui shopping.

In Hong Kong, some large shopping malls have children's playgrounds, where adults can leave their children to play and go shopping by themselves. The playground on the top floor of Citywalk is very popular with the public.

Doing shopping malls (retail commercial real estate) is by no means a simple leasing and rent collection, but a profound knowledge; From the beginning of the entire shopping mall project, it needs to be unique in architectural design, rich in heritage and culture; Subsequent leasing and management are also a science.

In the retail field of Hong Kong, I am not afraid that you will sell at a high price, but I am afraid that you will lower the price; There are also very few incidents of stealing customers, and even if there are, it is foreign tourists who are slaughtered, especially mainland tourists with weak legal awareness.

Stealing customers is not the right way to do business, and there are consumer councils and media in Hong Kong, once they are caught, the reputation of this store will be ruined; The Council may make returns and claims on behalf of customers, and in serious cases, the Council will also expose them in the media.

In general, there are very few incidents of stealing, and the business environment is among the best in the world.

Another advantage of Heung Kong Retail is the service attitude of the store, whether you buy it or not, the store welcomes you with a smile.

Of course, with Lin Zuhui's experience of living in Xiangjiang for nine years, he will think: "This is how doing business should be!" ”

But there is one area in Hong Kong where the service is really worrisome, that is, some small restaurants; And it's those restaurants that have a good business and have been handed down from their ancestors, and the owners are a little grumpy. Perhaps in their opinion, the old store is the taste, and there is no need for service.

Guan Jiahui held Lin Zuhui's arm, enjoying the eyes of pedestrians looking at her, she thought that everyone who looked at her was envious of her.

But Lin Zuhui didn't care about these details, although he was accompanying his wife and children to go shopping, shopping and eating, he was inspecting Citywalk.

Retail commercial real estate is a profound science, and the achievements of New Era Group are not enough to be proud of. Will several Central Plazas in the mainland be able to achieve the expected success when they open in the millennium? In particular, the Central Plaza in Sanlitun will achieve good results if art and fashion are integrated for the first time (because it is a low-density shopping mall).

"You come here a lot with kids?" Lin Zuhui asked curiously. Lin Wenhua's performance just now seems to be very familiar with this place.

"Occasionally, Wen Hua likes it here, saying that there is a big playground and a musical fountain, and I will take him to play once or twice a month." Guan Jiahui said with a happy expression.

The two sons are her talisman and future support, and it is easy to show happiness when talking about it.

Lin Zuhui nodded, the music fountain in Citywalk is also a must, every time it starts, there are a large number of people watching, it is the largest music fountain in Xiangjiang.

"There aren't many brands you need to buy here, right?" He continued to clichΓ© from the customer's mouth.

Guan Jiahui said naturally: "No! Compared with the shopping malls in Central, Causeway Bay and Tsim Sha Tsui, the overall grade is indeed a little worse, but the advantage is that there are many and there are a lot of luxury goods. ”

After speaking, Guan Jiahui noticed that something was wrong, and hurriedly grabbed Lin Zuhui's arm, adding: "I don't have to buy luxury goods, as long as it is beautiful and suitable, I will buy it." ”

Lin Zuhui said with a smile: "Insincerely! In addition to wearing clothes under the banner of fashion retail, where can you look at other mid-range brands? ”

Guan Jiahui said pitifully: "Then I will also go to Zuo Danu and Jeanswest next time to see if there is anything suitable for me!" ”

She found out that Lin Zuhui was wearing Zuo Dannu's casual clothes today, but I don't know why, this low-end casual brand, worn on her own man, feels like a luxury product.

"Guess what I mean, Wen Hua has learned exactly the same for you, goblin!" Lin Zuhui said angrily.

"What's the matter, it's not like me, he's as smart as you, just a little fun-loving!" Guan Jiahui explained anxiously.

"I know, old husband and wife, what are you playing with caution. I don't know you yet, I like famous brands, when did I talk about you! Lin Zuhui reassured.

"Hehe, it shows that my man's charm has not diminished back then, I am nervous about you!" Guan Jiahui almost hung on Lin Zuhui's arm and looked at Lin Zuhui coquettishly.

Lin Zuhui was still quite happy in his heart, but he didn't show it, and he took it for granted.

Next, Lin Zuhui accompanied Guan Jiahui to visit the store and found that she really only visited high-end brands and luxury brands, and was not very interested in other brands. Of course, Lin Zuhui is not interested, except for his own brand.

He doesn't really want to wear his own brand, but wants to discover what can be improved through his own experience and wear.

Of course, he didn't need any expensive clothes to improve himself, so he was very casual in this regard.

Shopping, shopping, dining, and playing, Lin Zuhui also scored his own shopping center, and the experience was very good.

.........

1993 was an eventful year for Heung Kong Media.

For example, in June, Malaysia's mysterious billionaire Kwok Huonian bought a 35% stake in the English-language daily South China Morning Post from Mei Duo for a sky-high price of 2.7 billion, which is a staggering premium.

The South China Morning Post is the equivalent of Xiangjiang's official media, selling just over 100,000 copies, but its advertising costs are twice as much as the equivalent sales of the Chinese version.

But the premium is so high, I believe there is another layer of zz meaning involved, with the London government about to withdraw from Hong Kong, some comments say that this is to transfer the right to speak in public opinion. Of course, this right to speak in public opinion has nothing to do with the mainland government, but is only transferred to the Chinese.

After Guo Huonian won the South China Morning Post (not only a newspaper, but a newspaper group), the editorial department of the South China Morning Post was in a state of flux, and Ma Chengkun of the Oriental Daily 'took advantage of the fire to rob him', throwing silver bullets and poaching more than 40 key members of the South China Morning Post with high salaries, many of whom were foreign editors, and it was a valuable resource.

The president of the South China Morning Post was shocked and hurriedly raised his salary by 20%, finally stabilizing the company.

Ma Chengkun is proud that in recent years, although the Oriental Press Group has lagged behind the "Tiantian Daily" in the popular newspaper "Oriental Daily", it has ranked second best-selling daily in Xiangjiang. However, the gossip magazine "Oriental Xindi" has long surpassed "Ming Pao Weekly" and ranks among the top three gossip magazines in Xiangjiang; And now, Oriental Press has announced that it will spend a huge amount of 80 million Hong Kong dollars to prepare for the English-language newspaper "Oriental Express" to compete with Kwok's "South China Morning Post".

Just when Ma Chengkun was proud, a fire broke out in his backyard, and Ye Yijian, the handsome man of the second gossip magazine "East Weekly", which modeled "Next Magazine" and "Apple Weekly", was poached by the fat Li Lao of "Apple Weekly".

Ma Chengkun said in the media that "East Weekly" has become formal, and the impact will not be great; The editorial talent of the English newspaper is hard to buy, and he comforts himself with 'take a treasure and get a string of beads'.

Just when everyone thought that the matter was over, in mid-September, the media broke the news again, and Lei Weipo of "Ming Pao Weekly" joined the Oriental Newspaper with a group of people, filled Ye Yijian's position, and took care of the "East Weekly", which Ma Chengkun was very fond of.

"Oriental Express" is a traditional gossip weekly, and the target is "Ming Pao Weekly"; "East Weekly" is a gossip weekly model that appeared in the 90s, with a wide variety of information, not limited to gossip entertainment, and a comprehensive leisure magazine with full coverage of eating, drinking and playing.

Lei Weipo led people to change jobs, which undoubtedly caused a big wave in Xiangjiang for two reasons:

First, now the Ming Pao Group belongs to Wanhui Media, and behind Wanhui Media stands Xiangjiang's 'Chinese General D', and Ma Chengkun still dares to brush the tiger's beard, which makes people admire his bravery; of course, Xiangjiang is a legal society, and Lin Zuhui is even more outstanding, so naturally he will not use unsightly means at a lower price, which is everyone's understanding.

Second, Lei Weipo is the grandfather of gossip news, and this time it is rumored that he will join "East Weekly" with a salary of nearly 10 million, setting a record for the highest salary in the media.

In general, good deeds are still happy to see - how does Wanhui Media deal with it, and will Lin Zuhui interfere in such a 'small matter'?

In fact, Wanhui Media reacted quickly, and many people were surprised - Wanhui Media announced the suspension of the gossip magazine "Fresh", Ming Pao Group announced the suspension of "Ming Pao Weekly", and the group no longer involved in gossip weekly; The original team has joined the entertainment news department of its other publications.

For a while, people couldn't react!

Isn't it just poaching a few people, no matter what, it's still operating normally, and "Ming Pao Weekly" and "Fresh Weekly" are both profitable magazines, so how can you stop it!

Of course, soon a critic published: "Wanhui Media's comic industry has gone to Asia, and its annual net profit has surpassed that of paper media; In addition, the identity of the boss behind it is not suitable for gossip magazines, and it is logical that it has been decisively stopped now. ”

Only those who watch the excitement understand that Wanhui Media is already so strong, with a net profit of more than 1 billion last year, and the comics industry accounts for more than 50%, so it really doesn't look down on the gossip industry.

Lin Zuhui is the first person in Xiangjiang business, and he is the boss of nearly half of the artists in Xiangjiang, so it is undoubtedly not very good to dig up the privacy of these artists.

Of course, although Wanhui Media does not have gossip magazines, other daily newspapers and magazines, after all, still have entertainment news pages, and it is still possible to promote its artists.

Wanhui Media.

Zhao Han, director and treasurer, sat on the sofa in Lin Zuhui's office, reporting seriously.

On Wanhui Media's account, the lying cash flow has reached 1.65 billion Hong Kong dollars, and the stock must not skyrocket if it is disclosed.

And by the end of the year, there is no problem with cash flow exceeding 2 billion.

After thinking about it, he asked: "Starting in December, the office buildings invested by the company will be gradually cashed out, and strive to be completed in two or three months." ”

Zhao Han's spirit was shocked, and he immediately said: "Okay, I will definitely arrange it!" ”

After the collapse of 89, Wanhui Media bought 1 billion office buildings as an investment (the loan part has been paid off), and the current market value is about 2 billion Hong Kong dollars, an increase of 100%; Compared to the increase of more than 200% of the residential property, it is still a lot worse, but the good thing is that the rate of return is also more than 25% (when the rent and interest are taken into account).

In this way, there will be 4 billion cash next year, and if it is disclosed, the stock will not be able to run towards more than 30 billion (in fact, it will reach 30 billion by the end of the year without disclosing it)!

Of course, with so much money, it will definitely not be all dividends, although Lin Zuhui holds 49.5% of the shares; However, Wanhui Media needs to develop, and is currently preparing a game company, Ninth City, which will soon launch the "One Piece" project, and will also invest in a software company in Xiangjiang...... and so on.

Therefore, Lin Zuhui plans to distribute a dividend of 2 billion and leave 2 billion for investment and cash reserves.

In fact, in recent years, although Wanhui Media has performed well, it has been investing, so it has very few dividends, resulting in the stock price is only in the early 20 billion, barely squeezing into the list of blue chips.

Although he withdrew from the gossip market this time, Lin Zuhui still didn't worry about it, after all, he still controlled the largest communication and media company in Xiangjiang, and it was far from being provoked.

What's more, Wanhui Media also has a secret chess - that is, it holds 34.5% of the shares of Zheng Jinghan's listed company, and Zheng Jinghan's company's "Next Magazine" is the No. 1 gossip weekly in Xiangjiang, and recently at the suggestion of Long Jingchang, it is preparing to publish a gossip daily newspaper.

Anyway, if Zheng Jinghan doesn't come out, Fei Li Lao will also prepare gossip daily newspapers in the next year or two, so it is better to let Zheng Jinghan take the lead.

Of course, with Lin Zuhui's current identity, few newspapers dare to pick his tiger whiskers - publish his vicious gossip news; He just doesn't want Fei Li Lao to have too much influence in the media, that's all.

And Fei Li Lao actually didn't dare to provoke Lin Zuhui, after all, when robbing him Zuo Dannu, Lin Zuhui had too many means; The important thing is that Lin Zuhui does not act like the older generation of tycoons, if he engages people, he must chase and fight.