Chapter 561: Harvest Season

After the Hang Seng Index climbed to 8,100 points, it did not stop, and then broke through to 9,000 points in seven trading days;

Based on the closing of 9,050 points on October 18, the Hang Seng Index rose sharply by about 22% in less than a month.

The stock market soared, followed by the real estate began to flourish again, the market purchasing power condensed, luxury houses, ordinary residences, office buildings, shops, etc., began to rise.

It's harvest season for investors!

At 7,500 points, New Era Group also began to buy 1 billion Hong Kong dollars of stocks and futures as a short- and medium-term investment.

This is not Lin Zuhui's idea, after all, he has no intention of letting New Era Group continue to make non-recurring profits, and this year's 1.38 billion is too high.

However, large real estate companies have the habit of investing in Heung Kong Securities, and it is Liang Zhenxun, the financial manager, who proposed to invest in stocks this time; Rational financial arrangement is his own job, the New Era Group has so much cash, and he is optimistic that the Xiangjiang stock market can reach more than 10,000 points, so he invested in buying a lot of stocks and futures contracts.

In this regard, Lin Zuhui did not participate in it, and Liang Zhenxun made this financial arrangement.

However, Liang Zhenxun's words also reminded Lin Zuhui that the company's cash should not be placed too much on the account, which is not conducive to development; After all, the cash on the account is equivalent to the fact that the assets have not appreciated.

He called Liang Zhenxun and said, "Arrange to repay the debt of 3 billion and control the debt at 18 billion."

Even if the debt of 3 billion is repaid, the cash flow at the end of the year should be more than 9 billion Hong Kong dollars. Follow-up investments will be considered at the beginning of the year.

Liang Zhenxun immediately said, "Okay, it just so happens that there is also a batch of debts that are about to expire at the end of the year."

"If General Dynamics' stock rises to $110, we will close it and continue to buy Microsoft stock," he added.

This is a very strong investment, buying $100 million of General Dynamics in June last year at an average price of only $68 per share, for a total of 1.47 million shares; In about a year and a half, General Dynamics' stock price has approached $110, and the total dividend per share during this period is as high as $52.6, which is equivalent to a rise to $162.6 per share.

New Era Group received a 140% net profit (US$140 million) on this investment.

In fact, the dividends that paid dividends in the early stage were all bought by Microsoft, and there was a good increase.

Liang Zhenxun showed a look of admiration, the boss is really a 'stock god', and Buffett is not so powerful!

"Okay. As a result, the market value of our U.S. stock market is expected to reach $900 million by the end of the year, an increase of 100% in the early two years."

"For long-term investment, you don't need to think too much. There is no good place to take out that money. And the U.S. economy has ended its slump this year, and I believe the stock market is doing well."

Not only is it a good performance, it's a big bull market!

Since 1994, information technology stocks (Internet) have ushered in a six-year bull market (the real explosion should be from 1996);

In 1995~1998, it was the outbreak period of Bank of America, and the banking index rose by more than 220%, Citi rose five or six times, and Wells Fargo rose five times......

Thinking of this, Lin Zuhui has decided to let Hengjin Investment invest an additional 5 billion Hong Kong dollars next year to invest in U.S. stocks.

"Okay!" ….

Liang Zhenxun left Lin Zuhui's office enthusiastically and worked in the New Era Group, which always gave him the feeling of riding a rocket, and the group's assets rose rapidly.

After a while, assistant Li Ke took Qiu Degen of Far Eastern Group to Lin Zuhui's office.

The two have been dealing with each other for a long time, and ATV Group still took it over from others, of course, in order to take all the shares of Qiu Degen, Lin Zuhui also secretly asked someone to report him - Far Eastern Bank made false accounts, which made Qiu Degen almost go to prison, but he was fortunate to be witty - he escaped prison with Alzheimer's disease.

But so did Chudgen

The Far Eastern Bank was completely lost, and the family bank became someone else's property.

As for the means used, Lin Zuhui didn't care at all, he thought that he was upholding the justice of the law.

"Rare guest, Qiu Sheng!" Lin Zuhui said enthusiastically.

Qiu Degen responded with a smile: "It should be said that Lin Sheng's career is getting bigger and bigger, and the number of times we have met is only a handful!"

"Haha, you're getting too old."

After a polite exchange between the two parties, they sat on the sofa and drank tea.

Qiu Degen looked at his office, his eyes couldn't stop feeling envious, thinking back then, the young man in front of him couldn't even move a 'Dasheng Real Estate, a second-rate real estate company, and he had to invite him out of the mountain to lead the sniping of others. It's only been six or seven years, and someone else is already the richest man in the world and the chairman of the board of directors of a multinational group.

"Qiu, how is my office?" Lin Zuhui said with a smile.

Qiu Degen responded: "Lin Sheng sits in the highest place in Xiangjiang and works, but he takes care of the world's industry, and this is the White House in business!"

This old man is quite good at boasting.

Lin Zuhui said modestly: "It's a big win, I'm a multinational company here, at most a company that has just stepped out of Xiangjiang to develop."

It was another business exchange, and Qiu Degen finally got down to business: "Lin Sheng, I know that you are calling for wind and rain in Xiangjiang, and your road in the Hong Kong government is all over the world, so I came here to find you to cooperate on a project."

Lin Zuhui said unexpectedly, "It's the land of Lychee Garden, right?"

Qiu Degen nodded, and then looked at Lin Zuhui with hope.

Qiu Degen is a business strongman in a variety of industries such as real estate, hotels, finance, amusement, and theaters, although he has lost the dominance of the Far Eastern Bank, but after all, he still has shares, not to mention that his securities company is also very big.

His company, Far East Hotels and Entertainment, owns a number of property sites in Lai Yuen, Kowloon, including Songcheng and Lai Yuen Amusement Park; Part of the amusement park is self-owned land, and part is rented official land; In addition, the Qiu family owns a large amount of land on the outskirts of the amusement park.

Liyuan has convenient transportation and beautiful environment, with far-sighted and civilized Songcheng and amusement parks, and Meifo New Village, a mid-to-high-end community; If it is a commercial and residential property, the potential is excellent.

As early as April 1991, the Qiu family signed a provisional sale and purchase agreement with Lee Shau Kee, the director of the Land Department, to jointly develop the current site of Songcheng and the surrounding 80,000 square feet of land, and develop three commercial and residential properties.

However, at the end of the year, the Town Planning Board rejected the project because it did not fit the overall scale concept.

Lin Zuhui thought for a while and said, "Qiu Sheng, you really make me happier when you find me. However, I'm afraid I can't talk about this project." ….

Chu Degen was suddenly disappointed and said, "No, with your relationship with the various departments of the Hong Kong government, if you can't do it, who else can there be!"

Lin Zuhui immediately introduced: "Naturally, it is Li Chaoren, as you know, I rejected Peng Du's kindness last time and did not join his business committee. Although Li Chaoren also refused, he sent his son in after all; In addition, in the past few years, the legislators and members of the executive side have been replaced by Peng Du, and my relationship is no longer good. So, I still suggest you try it with Superman Lee, so that we don't waste any more time and miss the best time for real estate."

Qiu Degen could only nod and said, "Okay, since Lin Sheng is not sure, then I will go to Li Chaoren."

Lin Zuhui politely gave Qiu Degen a ride and apologized again. After all, generally speaking, if you cooperate with the land, you can afford to see you.

And the reason why he refused was because he didn't want to get into that kind of trouble, although if it was negotiated, more than a billion profits would be available; But the government already has a plan for Liyuan, and the land in Chudegen is not connected, so it is easy to veto.

But then again, now that real estate is hot, this project can still affect the hearts of many elders; If the project is really successful, maybe Lin Zuhui will regret it. Because of this kind of cooperation, you can get a good income without buying land at a high price, which is quite cost-effective.

If the project is rejected again, it will not only affect Chu Degen and Li Chaoren, but

It will cause the real estate developer and the Hong Kong government to 'opposition,'.

It turns out that in recent years, property prices have been high, but the Hong Kong government has changed the use of plans, and the bureaucratic procedures have dragged on, resulting in delays and even rejections of land exchange applications.

As a result, real estate developers are actually holding back their strength and complaining about the Hong Kong government. Just one moment away, the two sides may have to push the ball in the media.

The reason is actually very simple, the supply of houses in Xiangjiang is in short supply, if the number of new households is 10 every year, then the number of residential units that have been occupied is only 6.

This conflict, which will be between the Hong Kong government, citizens, and real estate developers, may be brought to the table in the first half of next year.

Lin Zuhui was very worried that he would become the most eye-catching person in the real estate developer, which made him very helpless, who called him the largest real estate developer in Xiangjiang.

In fact, in terms of development real estate (residential), New Era real estate ranks only third in terms of annual supply.

New Era Group's investment properties (office buildings and shopping malls) are the real giants; In addition, the comprehensive business development is very good, which causes the market value to be far ahead of other real estate companies.

Therefore, Lin Zuhui didn't want to be the boss of the local property, so he let Li Chaoren go to the front.

After thinking about it for a while, Lin Zuhui decided to transfer part of the funds of the New Era Group to foreign countries next year, mainly to invest in the banking industry in the United States.

The U.S. stock market is huge, 16 times more than Xiangjiang, almost $5 trillion, so it's the best place for funds.

In fact, making money is really not challenging for Lin Zuhui, and any securities investment project is more profitable than real estate.

For example, Sony's current market value is only more than 23 billion US dollars (Japanese listed companies), but Lin Zuhui knows that Sony's market value once reached more than 130 billion in 2000; The reason for the rise is mainly due to Sony's layout in the entertainment, audio-visual and game industries, which began to explode in 1995.

Therefore, this stock will have to buy about 5% next year, and it is simply waiting to make money.

Of course, while investing in these securities, Lin Zuhui still hopes to invest in more industries to carry out a risk control.

96.

Let the pig fly