At the beginning of late September, Lim Cho Fai came to Singapore, where he inspected the Singapore trading department of the Bank of Bahrain, accompanied by the president of Octopus Bank, Ho Cheong Hong, and the president of the Bank of Bahrain, Andrei.

Since the acquisition of Bank of Bahrain by Octopus Bank in February, its business has started to grow smoothly in Asia, after all, with Octopus Financial Group as the local snake. At the same time, Octopus Bank's business also began to develop in Europe and the United States, with the Bank of Bahrain as a leader.

Overall, the current financial strength of the Lin family should not be underestimated.

The small Singapore trading department brings together so many bigwigs, and the manager Pete is also very encouraged, tirelessly introducing the situation to Lin Zuhui and others.

The main business of the Bank of Bahrain is investment banking business, and the futures trading department is generally a department that accepts entrusted futures trading, and of course, its own funds are also made through this department.

"Well, the management system has learned the lessons of the 'Lisson incident', and the current reform of the Bank of Bahrain has been successful, and I am very satisfied."

Andrei was immediately very happy, in the past six months, the Bank of Bahrain has been summing up lessons and formulating a new management system, and has not forgotten to develop the company's business; In the final analysis, his position as president is not secure, and now the group company and the boss have passed the affirmative opinion, which is obviously a preliminary pass.

After some inspection, everyone returned to the conference room.

André told Pete: "The headquarters of the Bank of Bahrain will transfer $10 million to the Singapore trading department again every trading day, and you need to continue to buy the Nikkei 225 December futures index, this time the estimated investment is $100 million." ”

Pete's spirit was shocked, and his heart had a big job to do!

After the Bank of Bahrain delivered the Nikkei futures index at the end of June, it did not follow up; But Pitt knows that the parent company, Octopus Bank, has bought a large number of Nikkei indexes, and it seems that it has made much more than the $350 million that Bahrain Bank made by shorting Nikkei in the first half of the year.

Because, the Nikkei index has risen from below 15,000 points in June to about 18,000 points, which is five times the profit according to the calculation of 25 times the leverage.

Pete guessed correctly, Octopus Bank's current book profit is 800 million US dollars, which is more than 6 billion Hong Kong dollars.

"Okay, I'll arrange it right away, and I will strictly implement the buying system."

After Pete left, only the top executives of Octopus Bank and Bank of Bahrain were left in the conference room, and everyone had an exchange.

During the visit, Mr Lam asked, "Do you think Octopus Bank is considering going public?" You can speak freely, and I'll listen to everyone's opinions. ”

He Changhong first said: "It still depends on the boss's thoughts, if you want Octopus Bank to work hard for development, listing is not a good choice." Of course, the Bank of Bahrain can be transferred to Octopus Financial Group, and it does not need to be listed as an asset at all, after all, the bank has not been listed for 233 years and does not need to be listed now. ”

Andrei also said: "The popularity and brand of the Bank of Bahrain are already there, and the boss often invests in financial projects with your own funds, and once it is listed, it is obviously not in your interests." After all, once listed, it is essentially a public company. ”

Everyone spoke freely, and Lin Zuhui quickly knew it.

Octopus Bank still wants to go public, after all, Lin Zuhui also wants it to develop into a global bank, based on a large bank in Asia; At least, that's what he thinks, and whether he can do it or not is another matter.

"Okay, I'll find the opportunity to list Octopus Bank in Hong Kong, and then hand over part of the issuance business to Bank of Bahrain."

Next.

He Changhong asked: "It will be the end of September and the delivery of the menstrual index, if Octopus Bank makes a profit of 800 million US dollars, does the boss need to withdraw it?" ”

At the end of last year, Octopus Bank had wiped out its historical losses and had net assets of more than HK$6 billion. This year, the Bank of Bahrain injected 10.4 billion Hong Kong dollars, and the short selling of Nikkei in the early stage made more than 6 billion, and this time it may earn more than 6 billion, which is equivalent to more than 2 billion left.

Not only that, but the net profit of Octopus Bank's banking business will also reach more than HK$2.5 billion this year, which is equivalent to the net assets of Octopus Bank at the end of the year have reached more than HK$11 billion and the cash flow of HK$5 billion.

Octopus Bank's deposits have also risen, reaching as high as 120 billion Hong Kong dollars, almost lending more than 40 billion Hong Kong dollars.

Even if Lam Cho-fai draws out HK$5 billion, Octopus Bank's business will not be affected in the slightest.

"Don't smoke! Even before going public, I wouldn't have pumped out cash. ”

Everyone can't help but sigh that Lin Zuhui has strong financial resources, and this year's Nikkei Futures Index, Octopus Bank and Bank of Bahrain have made a big profit of 15 billion Hong Kong dollars. The name of the god of stocks lives up to its name.

Everyone also saw Lin Zuhui's ambition, whether it was the Bank of Bahrain or Octopus Bank, there was a lot of cash flow on the account, but the boss didn't care at all.

In Lin Zuhui's view, once the Asian financial crisis broke out, he personally had tens of billions of cash flow, plus the cash flow on the accounts of all his companies, I am afraid that it would be more than 100 billion cash flow. And that's not even counting the value of stocks that can be cashed out in Europe and the United States after the financial crisis.

At that time, all the funds will pour out of the nest and buy the industries of Asian countries.

The meeting lasted for a long time, and most of the executives of the two banks were exchanging ideas, while Lin Zuhui listened and rarely expressed his opinions.

After staying in Singapore for four days, Lin Zuhui sowed seeds on Sing Tao Sanmei in addition to work, and since he wanted to develop a family branch in Singapore, he naturally had to have more children.

The third daughter enjoys her current life and has never troubled him, but has tried her best to serve Lin Zuhui every time and let him enjoy the imperial treatment. In particular, the three women are quite large, and they can enjoy the pleasures that other women have not had.

Lin Zuhui did not treat them badly, and gave them a large amount of money every year to purchase assets.

End of September.

The Nikkei futures index was delivered, and Octopus Bank made a big profit of $820 million. And this year (1995), Octopus Bank has made $1.6 billion; After taking over, the Bank of Bahrain also earned 350 million US dollars, all of which were earned on the Nikkei index, which is equivalent to a big profit of nearly 2 billion US dollars, after all, the New Era Group also earned hundreds of millions of US dollars.

The fundamental reason for such a big profit is because Lin Zuhui remembers the impact of the Hanshin earthquake and the related Nikkei. First of all, he knew about the Hanshin earthquake in January, so he started shorting Nikkei in December last year. Second, he knew that the Hanshin earthquake caused the Nikkei to plummet by about 5,000 points, so he probably started buying below 15,000. As soon as he sold and bought, he made a lot of profits.

At present, the Nikkei is around 18,200 points, but Lin Zuhui knows that there is still a final wave of bubbles in Asia; Therefore, he expected the Nikkei to rise until the first half of 1996, so he asked the Bank of Bahrain to buy the Nikkei futures index for December, and then buy the futures index for March, April, May, and June next year.

He also adjusted the investment plan, that is, to invest $100 million per delivery month, but if there is a danger of liquidation, at most once to make up the position, so as not to take all the profits.

He can't guarantee that he will earn every time, but the general direction is right, so the winning rate is very high.

As for why he didn't buy the Singapore index futures index, the reason is actually very simple, because Singapore's Li family will 'government interfere' in the capital market, which determines that he cannot buy the futures index. And once the signal of Lijia's interference in the real estate market appears, Lin Zuhui can also find a business opportunity from it, that is, to short sell the Singapore index futures index.

Not surprisingly, the Li family has realized the existence of a real estate bubble in Singapore, and once they announce the cooling measures for Singapore's real estate, Lin Zuhui will immediately let Singapore Sanmei short the new index futures index and make hundreds of millions.

As the Asian financial crisis approaches, Lin Zuhui's mind has been reviewing the financial situation in Asia, and he can make a little money. Of course, his earnings are very secretive, such as shorting the new index futures index, which he did through the investment company of Sing Tao Sanmei, and the amount will not be particularly large. This means that it is just a normal financial investment, not speculation.

At the same time, Lin has begun to let his companies set up offices and branches in Asian countries, paying attention to the local situation. When the time comes, go into these places and buy the bottom.

Buying the bottom represents 'saving the market', so he will become a guest of honor in various countries. After all, after the outbreak of the financial crisis, these countries and regions are very eager for foreign investment.

In the fourth quarter of 1995, Hong Kong's real estate began to recover (transaction volume), and a new wave of growth was poised to start.

This round of real estate downturn began in the second quarter of 1994, because the Hong Kong government carried out a series of 'real estate cooling' measures due to public opinion.

The reason for this round of real estate outturn is that the economy of Xiangjiang itself has not had problems, but has risen every year; Therefore, after the real estate adjustment, it will soon usher in a new round of skyrocketing again. In particular, the Huaying negotiations on the airport have been 'almost', plus in late September, the Tsing Yi Station was won by a consortium formed by Cheung Kong Industrial, Hutchison Whampoa, and Huaxin Pacific for 4.3 billion Hong Kong dollars, and the citizens of Xiangjiang have become accustomed to the constant quarrels between China and the UK.

Xiangjiang has always had the phenomenon of 'pulling stocks', and after the stock market fell to more than 6,900 points at the beginning of the year, it has now risen to 9,750 points.

In this round of real estate fell by 20%, none of Lin Zuhui's companies participated in the 'bottom buying', that is, they did not carry out 'property speculation'; except for the New Era Group to strengthen a little bit of 'land reserve' activities, the rest did not speculate on properties.

On the contrary, New Era Group has also sold about 6,000 residential units in the year and a half of the real estate downturn (promotional activities and packaging publicity are in place). After all, even if it drops from 5,500 yuan per square foot to 4,500 yuan per square foot, New Era Group is still 'making money'.

(End of chapter)