Chapter 361 [Early Investment]
It's spring of another year (1970).
In the office of Cheung Kong Industrial, Lin Zhichao looked at the "Oriental Daily" in his hand and did not work directly. The company has developed to this day, and his role is no longer to lead by example, but to command Ruosu.
The "Oriental Daily" in his hand has ended the 'promotion period', and after a month of throwing money, the sales of the "Oriental Daily" have climbed to 155,000 copies, and the sales have skyrocketed by more than 30,000 copies.
The goal has been achieved!
A piece of news caught Lin Zhichao's eyes - on March 18, Lon Nol staged a coup d'Γ©tat to overthrow the government led by Prince Sihanouk.
This incident in Cambodia was also reported by Oriental Daily for the first time, indicating that overseas journalists played an important role; Of course, not even Cambodia has Oriental Daily reporters, these news are from overseas information channels, not local first-hand news, and of course at least a day ahead of other newspapers in Hong Kong.
Lin Zhichao put down the newspaper and thought about what this news could bring him!
Because he understands that Hong Kong is very affected by international events, as well as by the political events in the mainland.
This news means that the Yankees want to interfere in Cambodia's internal affairs, and the possibility of entering Cambodia seems to be this year. And the Americans are actually tired of the war in Vietnam, so there will be a 'big event' in these months.
"It seems that the first half of this year may be an opportunity to buy US stocks!" Lin Zhichao concluded.
Of course, he also has a reference indicator, that is, the stocks of the Beautiful 50, which are basically down 50% from 1968. But now he has a better solution, which is that if protests break out in the United States and the stock market falls sharply, it is almost an opportunity to buy the bottom.
At the same time, Lin Zhichao thought of another thing, which was about the Hong Kong stock market.
He grabbed the phone and dialed it.
After a while, Zhou Fuzhao came to his office.
"What is the Hang Seng Index now?" Lin Zhichao asked.
Zhou Fuzhao is the financial manager of Cheung Kong Asset Group, not only managing the company's finances, but also managing the investment in the stock market and Cheung Kong finance.
"Yesterday it was 192 and last Friday it reached a high of 196. The market value of the stocks we invest in has exceeded 100 million Hong Kong dollars. At present, Hong Kong has a total of 80 listed companies, with a total market value of 11.5 billion.
Knowing that the boss generally doesn't care about the stock market, once asked, it is natural to introduce the details.
Lin Zhichao nodded, it is normal to buy the bottom from 60 points in the stock market, and now it has more than tripled. After all, the stocks selected are all Hang Seng Index reference indicators.
"I plan to cash out half of it and buy it again through Feng Jingxi and the 'Far Eastern Society' behind it."
Zhou Fuzhao said curiously: "Does the boss just think that it is better to divide two brokers, or does he think that the stock market has adjusted?" β
Lin Zhichao pointed to the newspaper on his desk and said, "You said that there are two reasons, and this news has inspired me a little. β
Zhou Fuzhao then came to his desk and read the news in the newspaper.
"Boss, does this news have a lot to do with the Hong Kong stock market?"
Lin Zhichao smiled and discussed the stock market with his subordinates: "This news shows a problem, the United States has to send troops to Cambodia; The United States has been mired in the Vietnam War for so many years, and the economy has entered a stagflation, and there is a lot of opposition to the war at home. The Hong Kong stock market rose to 196 points last week, which is equivalent to a 40-point surge in the Hang Seng Index in less than three months this year. So I think that the probability of adjustment is very high, and it just so happens that I want to divide two brokerage houses into stocks, so I plan to take advantage of this opportunity to do a wave of selling high and buying low. β
Zhou Fuzhao said admiringly: "The boss is really insightful, and he has studied finance so thoroughly. β
Lin Zhichao said with a 'haha' smile: "I don't know if it's correct, I'll shoot this sycophant after a few months." However, I personally believe that the Hong Kong stock market is greatly affected by international time and mainland politics, as long as you refer to these two things, you can have a certain degree of certainty. β
"Taught!"
Lin Zhichao nodded, and talking about this with his subordinates had no effect. The high-level executives around him, the assets they invest in, are almost all higher than their salaries.
For example, in 1967, several high-rise buildings took the risk of buying some residential units and made a lot of profits.
"Ask Mo Yingji for me, and let's talk to him about cashing out."
"Okay, how about noon tomorrow?"
"Yes"
Knowing that the boss's time is precious, Zhou Fuzhao only made an appointment for lunch on Saturday.
After Zhou Fuzhao left, Lin Zhichao thought about it.
He originally thought that he would earn three or four billion Hong Kong dollars in this wave of stock market.
But now it seems that there is no problem even if it is to earn seven or eight billion Hong Kong dollars, or even more.
Last year (1969), the annual transaction volume was 2.6 billion, an increase of 1.7 times from 950 million in 1968.
But this growth is nothing, the transaction volume in the previous life in 1971 was already 15 billion, and the transaction volume in 1972 has reached 43.5 billion Hong Kong dollars.
Hong Kong people are really rich!
It is said that bank deposits are growing at a rate of 20~30% per year.
In this way, Lin Zhichao's commercial projects are not short of money at all!
Following.
Lu Haitong Hotel, Lin Zhichao hosted a banquet for Mo Yingji, a senior agent of the 'Hong Kong Club'.
Don't underestimate a 'Hong Kong Club' broker, you must know that Li Fushu and Hu Hanhui have not obtained the 'Hong Kong Club' brokerage qualifications; therefore, Li Fushu only created the 'Far East Club' last year, and Hu Hanhui is also preparing for the 'Gold and Silver Club'.
If the 'Hong Kong Association' had given these two people brokerage qualifications, these two people would not have opened another stock exchange.
"Lin Sheng, I heard that you have purchased a new two-story yacht, which is very luxurious!" After meeting, Mo Yingji asked curiously.
He is also a member of the Iron Island Yacht Club, owns his own yacht, and he enjoys yachting and entertaining.
Lin Zhichao discussed the yacht with him: "This is not called a two-story yacht, it is called a duplex yacht." The second level is called the flybridge system and has a passenger station. This is because the FRP technology in Europe and the United States has matured, so this duplex yacht was born. Like the emergence of the flybridge system, as well as the technological progress of FRP and aluminum alloy, the yacht is getting bigger and bigger, and it is not difficult to say that it is a sea palace in the future. β
After listening to this, Mo Yingji said with a smile: "I have been taught!" I didn't expect Lin Sheng's career to be so big, and his research on yachts was deeper than ours. β
Lin Zhichao waved his hand and said: "The career is big, it is the ability of my colleagues, and I am essentially a person who likes to enjoy life." β
Mo Yingji said with a 'haha' smile: "Lin Sheng is humble! Of course, Zhou Sheng (Zhou Fuzhao) is naturally a talented person, but without you as a helmsman, he naturally can't get together. But Lin Sheng, like me, likes to enjoy life."
Zhou Fuzhao was on the side and didn't participate much in these topics, but Lin Zhichao mentioned that 'colleagues are powerful', and he was still shocked.
After some small talk, the three of them continued to talk about things while eating.
"Mo Sheng, we plan to empty half of the stocks, how many days do you think it is more reasonable to complete?" Lin Zhichao asked.
Mo Ying can basically 'bang' in his heart and get nervous.
He knew that Lin Zhichao was very good at stock speculation, investing 10 million Hong Kong dollars in 1959, and then emptying it in 1961, making more than double the profit. Then the Hong Kong stock market was relatively sideways in 1962~1964, and in 1965 it began to be very poor; In 1967, at the lowest point of the market, Cheung Kong once again entered the market, taking out 30 million Hong Kong dollars to buy the bottom, accounting for more than 1% of Hong Kong's total market value; It has only been less than three years now, and it has already doubled to more than 100 million.
Mo Ying was basically worried, Lin Zhichao felt any risk, but he quickly put his mind at ease, Lin Zhichao is not a god, and he may not make accurate judgments every time; What's more, this time it is only half of the cash, which may need to be invested in real estate.
"A week sooner, the impact won't be huge; If you are more stable, two or three weeks will be about the same! At present, the market is okay, and Lin Sheng can consider cashing out slowly. Mo Yingji said.
Lin Zhichao thought about it for a while, it was already late March at this time, and cashing out was not to make much money, but to let Mo Yingji speculate in stocks for him alone.
He is also familiar with Feng Jingxi's relationship, so he plans to let Feng Jingxi act as a broker for him and share half of the investment.
"Okay, I'm not in a hurry, then it will be completed in two or three weeks, so as not to cause too much impact on the market."
"Okay, no problem, I'll communicate the specific situation with Manager Zhou later."
"Well, you communicate."
In this wave of stock market, Lin Zhichao earned 800 million, plus more than 400 million profits from real estate in 1969~1971, and 100 million contributed by Changjiang Industrial Group before. Then, the old site has a full 1.3 billion funds that can be used for commercial projects.
Far East Financial Center Tower AB, Burj Al Arab, and Raffles City (Singapore), these four projects need a total of more than 600 million; Coupled with this year's land kings and their construction costs, the total cost is almost 1.1 billion.
Very well funded!
In late March, Lin Zhichao left Hong Kong again to start an overseas trip.
Since the beginning of this year, when Lin Zhichao started his overseas trip, he felt very down-to-earth that he didn't come.
After thinking about it carefully, I found that it was because the 'Lin family' had stabilized. His eldest son, who is 21 years old this year and has graduated from Harvard University almost a year ago, can return to work in the family business at any time; The second and third sons also went to college one after another, further consolidating the reserve strength of the Lin family.
Of course, at present, the most reliable are Tang Caiyun, Xu Caiying, and Audrey Hepburn, these three women have become business elites who can 'sit on one side' under the cultivation of Lin Zhichao.
Tang Caiyun is very familiar with the business of Cheung Kong Group, she understands real estate development, financial arrangement, commercial real estate layout, etc.; Although Xu Caiying does not like to do business, she is also very familiar with the development of the Global Group, and knows that Lin Zhichao will no longer use the name of Global Shipping and Global Shipping to build shipbuilding and other business ideas; As for Audrey Hepburn, she has always run two companies independently - Audrey Group and Audrey Investment, and she already knows how to do business.
Because of his wife and son, Lin Zhichao suddenly felt a lot more relaxed, and he would enjoy life as much as possible in the future.
British waters.
A 212-foot (65-meter) superyacht, parked at the surface of the sea, quite spectacular.
On the yacht, Lin Zhichao and Audrey Hepburn received the Thatchers as friends.
And this yacht is a second-hand yacht 'Shemara' purchased in the name of Audrey Hepburn, Shemara was requisitioned by the British Royal Navy less than a year after its construction and used as an anti-submarine training ship during World War II. After the service, it was returned to her master, Bernard Pock, who entertained the upper class on deck. Later, the Shemara was unattended for a long time, until Audrey Hepburn won it for $1.5 million at the behest of Lin Zhichao.
Yachts are not expensive, but later modifications cost a lot of money.
"Sir Lin, how many years have you known Audrey?" Thatcher looked at Audrey Hepburn and Lin Zhichao and asked a question with a woman's intuition.
At this time, the four of them sat on the deck and gathered together to chat.
Lin Zhichao looked at Audrey Hepburn and said honestly: "It should be 1949, at that time, Audrey was only 20 years old!" β
Dennis Thatcher immediately said: "Hey, Margaret and I met in 1949!" β
Thatcher, is a surname, is the surname of Dennis, so the future female prime minister is given the surname of her husband.
Thatcher looked at Audrey Hepburn and Lin Zhichao again, and seemed to understand something. She and Audrey Hepburn have known each other for many years, and knew that Audrey Hepburn had a pair of mixed-race sons, but she didn't expect them to be the children of the 'World Boat King'.
In fact, Audrey Hepburn's approach to Thatcher was naturally instructed by Lin Zhichao, because in the eighties, Lin Zhichao needed to make friends with two politicians, Reagan and Thatcher.
Of course, over the years, Lin Zhichao has been making friends with Britain and the United States. In Europe and the United States, banqueting politicians is not a big deal, and political and business exchanges are not a big taboo.
"Then your relationship seems to be more than just friends, right?" Thatcher showed the potential of the 'Iron Lady' to get things straight.
She really doesn't understand why her friend has never been married in her life, and she has never had a public man, not even a boyfriend. You must know that Audrey Hepburn is a very famous 'mother of Barbie' and 'Hollywood star' in the Western world, and her company has developed 'video games', which sell well in the West.
Audrey Hepburn took Thatcher's question, and she said seriously: "Partner, Sir Lin and I are very good partners, when I wanted to create a 'doll for children', it was Sir Lin who invested in me. β
In fact, Lin Zhichao himself didn't care about anything, he was just worried that the public relationship with Audrey would affect Audrey Hepburn's reputation, which would cause him a lot of pressure.
And Audrey Hepburn has also become very calm over the years and doesn't care about anything.
Seeing this, Thatcher planned to stop pursuing, everyone would have their own secrets. She always believes that the relationship between Audrey Hepburn and Lin Zhichao is a lover's relationship.
Lin Zhichao immediately diverted the topic and said: "In the British general election in May this year, I must be a supporter of the Conservative Party, and Thatcher will join the cabinet as you wish." β
Thatcherton was in a cheerful mood and said, "Thank you, Sir Lin, for your blessings!" β
She herself is an 'official fan', she was interested in politics when she was in college, and marrying her husband is also for political considerations. It should be that Daniel was once divorced, and Thatcher once looked down on it, but at the suggestion of her father, she agreed, because her father gave her the advice that Daniel was rich enough that he could support you to go further in politics.
And in the UK, every election, even local councillor elections, requires money. Because of this, in the West, there is a need for collusion between politics and business.
During the casual conversation, Thatcher also asked: "Sir Lin, you are an outstanding businessman, and you are very concerned with British politics. Here, I would like to ask what good advice do you have for the United Kingdom, which has the Commonwealth and is economically backward to West Germany and France? β
Putting aside the unclear relationship with her good friend, she still admires Lin Zhichao very much - two years younger than herself, but she is already a world ship king and industrialist, and has a huge influence on the world economy.
Lin Zhichao thought for a moment and said, "Defeat the union!" Rely on monetarist theory! β
Thatcher's spirit was shocked, and she had the idea of becoming a confidant, and she immediately said: "Defeat the union, this is easier to understand." But what exactly are you talking about when it comes to monetarist theory? β
Lin Zhichao said: "This is the difference between the Labour Party and the Conservative Party, you know it very well! β
He is now a citizen of the Commonwealth, and naturally there is no problem discussing British politics. The British Labour Party and the Conservative Party take turns in power, one obsessed with G ownership and the other obsessed with privatization, resulting in the British steel and transportation industries being publicly owned and privately owned in turns.
"Which one do you prefer? State-owned, or privately owned? Thatcher asked the question directly.
Today is a gathering of friends anyway, and she has not thought about becoming a future prime minister at this time.
Lin Zhichao is Chinese, so his words are generally very tactful: "Different periods, there are different periods of policies, and this is difficult for me to define." The advantages of privatization are to increase the economic efficiency and labor productivity of enterprises, to curb inflation and reduce the fiscal burden, and the disadvantage is to cause unemployment and social problems. That's why I said that only the bold British Prime Minister who defeated the trade unions could truly complete privatization. β
Of course, he supported British privatization, after all, he might be able to get a piece of the pie later. So in the end, he looked at Thatcher seriously, as if to say, I am optimistic about you.
Thatcher said: "Sir Lam, do you think Hong Kong's free economic system is very good? β
Lin Zhichao said without hesitation: "Of course, there is no need to doubt this, the American monetary school pointed out that in the process of economic development, the role of the market mechanism is the most important. Hong Kong is undoubtedly the representative of the world's free economy. β
The two 'wantonly' talked about major events, in fact, Lin Zhichao went along with Thatcher's wishes, and he also took care of Daniel and his wife Audrey from time to time.
Overall, his first meeting with Thatcher was very pleasant.
When she ascends to the throne in the future, it will be more convenient for Lin Zhichao to do business and expand in the Commonwealth system, and he can also come to the UK to invest in real estate.
After the party.
Lin Zhichao is very interested in the modification of the Shemara yacht.
"Audrey, this yacht needs to be modified by the Germans, and then sailed back to Hong Kong as my palace on the sea." He put his arms around Audrey Hepburn's waist and said in a manly tone.
Audrey Hepburn half-leaned on her man's strong mind and said, "Do you want to have a party on this yacht?" β
"Do you want to participate?"
"If it's with the eldest sister and the second sister, of course I'll participate. If it's with other women, I refuse to participate! β
Audrey looked at Lin Zhichao, her face full of cunning.
"Where are the other women!"
Of course, Lin Zhichao will not admit it, in fact, he has already let go, so he will not be able to avoid romantic debts in the future.
Audrey Hepburn did not continue to interview here, she has been with this man for more than 20 years, and she knows Lin Zhichao. Generally, I don't like new women, but if I like new women, I won't be afraid of them being jealous, but this man is very 'family-friendly' and won't be obsessed with women outside.
In fact, Audrey Hepburn didn't know enough about Lin Zhichao, and even Lin Zhichao didn't know herself. I used to worry that too many women would have a bad impact on the children. But now that the children are older, he seems to be getting more and more relaxed.
Subsequently, Lin Zhichao probably told Audrey Hepburn about the modification plan, and asked her to refit the oil tanker for herself, and finally sent it to Hong Kong.
The yacht was in her name, but it was he who used it.
(End of chapter)