Chapter 385 [Listing Again]

Following.

After packing up the three wives, no one picked Lin Zhichao's thorn anymore.

And Lin Zhichao also took Audrey Hepburn to visit Hong Kong, she is actually no stranger to Hong Kong, but Hong Kong is changing too fast; So every time she comes to Hong Kong, Audrey Hepburn will visit Hong Kong seriously, in addition to Lin Zhichao accompanying her, her two sisters will also treat her very well.

"Audrey, how is Walmart's stock going?" While shopping, Lin Zhichao asked casually.

Audrey dresses up a little today, and it is difficult for ordinary people to recognize her, after all, she has also retired for many years (18 years) and is no longer a star.

"It has more than doubled, and the market value of the shares we own has reached 6 million (4% of the shares)!"

Lin Zhichao nodded with satisfaction, Wal-Mart only has a market value of more than $50 million this year, but it will skyrocket 4,900 times in the next 40 years and 8,000 times in the next 50 years. Therefore, Lin Zhichao, who has always cared about the U.S. stock market, asked Audrey Hepburn to absorb Walmart's shares.

In the later stage, it will be absorbed to at least 8%, so that Audrey Investment will become the second shareholder of Wal-Mart, and Lin Zhichao's son Lin Ruinan will join the board of directors, gradually increasing the family's influence on the American economy.

"If the situation allows, such as in the case of more scattered shares, you can increase your holdings for a long time, for example, in three years, increase your holdings to about 8%, and you can do it depending on the situation!"

Audrey Hepburn was convinced of Lin Zhichao's skills and said, "No problem! The market value of the U.S. stock market held by Audrey Investment has reached $350 million, my dear, you are so good to our two sons! ”

Lin Zhichao said: "I'm just good to you!" Know that if you forsake me, the riches will be yours! ”

Audrey Hepburn immediately grabbed Lin Zhichao's arm and said: "A woman has given the most precious more than 20 years to a man, and there is no reason to choose again." What's more, if I do that, my two sons won't forgive me. ”

Lin Zhichao smiled: "I'm kidding you, I never doubt my charm!" ”

"That's right!"

The two of them were very relaxed on the road, and the security guards followed them from a distance, so they would not disturb the two. And the people on the road in Hong Kong are in a hurry, and they don't look at who the two are, and occasionally cast curious glances, but they also feel that the Chinese are soaked in foreign girls and show their majesty.

On this day, Lin Zhichao made an appointment with the three giants of Sun Hung Kai for a dinner.

In this era, the heads of Chinese-funded real estate companies have a lot of relationships, because it is an era of emergence. Even Cheung Kong Asset Group only supplies 5%~6% of residential units every year.

In the previous life, the new generation of tycoons tore up benevolence and righteousness, and made hostile takeovers, which had a series of impacts; At the same time, the four major families monopolized the development of real estate (residential), and the share was as high as 60~70%. In this case, even the four major families will have 'vicious competition' and break out the 'Shuangli War'.

In this era, there are too many rich people in Hong Kong, after all, in 1972~1973, 100 real estate companies were listed, of which 40 or 50 raised more than 30 million yuan, which shows that the wealth is still relatively scattered.

At this time, Hong Kong's real estate market is definitely worth 100 billion yuan (all commercial and residential buildings), a 900-foot Hong Kong and Kowloon residence has been as high as 20~300,000 Hong Kong dollars, ordinary people can't afford it at all, and 400~500 square feet of housing in the New Territories can also be purchased in installments by gritting their teeth.

Soon, Lin Zhichao said: "Guo Sheng, are you interested in exchanging new shares with our Cheung Kong Group?" ”

Before this, he had already negotiated with Hu Yingxiang of Hopewell Real Estate to exchange new shares worth 20 million Hong Kong dollars.

Guo Desheng then asked, "How much is Lin Sheng going to exchange?" ”

Lin Zhichao said: "It is about 300,000 shares of Cheung Kong Group, with an amount of about 20 million Hong Kong dollars. ”

He made a mistake, that is, the share capital was only 50 million shares, which led to the large amount of shares, which is now more than 70 Hong Kong dollars per share; As a consequence, stock prices are less likely to be active and grow more slowly.

Cheung Kong was listed before Hopewell, one in June and one in August, but Hopewell's stock has risen from 600 million to 1 billion, and the premium is as high as Cheung Kong.

Of course, Cheung Kong Group is still the most optimistic stock among shareholders, not weaker than Hongkong Land Enterprises. The reason is that Cheung Kong Group has a wide range of businesses and a healthier structure.

Guo Desheng said: "No problem! Cheung Kong's stock is a good stock, and the share swap is beneficial to both parties. ”

He didn't think long before agreeing. Talking about it, Lin Zhichao was also kind to him, and handed over the zipper to him as an agent back then, earning hundreds of thousands of Hong Kong dollars a year; With these stable incomes, he took the profits back to the real estate, and the profits became bigger and bigger.

What's more, the exchange of shares with Cheung Kong Group is conducive to improving the influence of Sun Hung Kai.

Seeing that both of them agreed, Feng Jingxi said: "It is a good thing to exchange shares, directly issuing new shares to shareholders, the first is that the steps are cumbersome, and the second is that the price is dead; Swapping new shares is equivalent to two companies holding rising stocks, as long as they find the right opportunity to cash out, they can get huge profits and develop real estate. Cheung Kong Group has swapped new shares with Hehe, which has shown that this model will be the trend. ”

Lin Zhichao said with a smile: "Feng Sheng said so, it seems that my decision is still very correct!" ”

Feng Jingxi said with a smile: "Lin Sheng's attainments in finance, I am a class tiger in front of you!" ”

Lin Zhichao said happily: "Haha, don't be modest, how can the business be compared with the professional!" Speaking of which, Cheung Kong Group still wants to be listed overseas, Feng Sheng must have a way, right? ”

Feng Jingxi immediately said: "Is London okay?" ”

Lin Zhichao nodded!

The so-called overseas listing is to strive for the second and third listing status, and to put it bluntly, it is to take out a part of the new shares and sell them to overseas investors. Cheung Kong Group must work at full speed to increase its financial strength, develop Raffles City (Hong Kong), and strengthen investment in other areas.

Therefore, Lin Zhichao's idea is that London and Canada will strive to be listed, and it is a big deal to take advantage of the downturn in the stock market in the future to privatize them.

"Okay, I'll introduce this channel to Mr. Lin later."

"Thank you very much!"

"Mr. Lin is polite, with your influence, you have to reveal a rumor, and they will also help you go public."

"Haha, with the help of a ready-made friend, I naturally want to save some energy."

Everyone discusses this, and there is no need to avoid suspicion, they are all friends, and they are not confidential.

In the previous life, such as Sun Hung Kai and Cheung Kong Industrial, they were all at full speed, frantically issuing new shares, and in just one year, they issued more than a dozen new shares to raise funds to develop real estate.

Otherwise, how can you distance yourself from everyone!

Of course, when they issue new shares, their shares will also be diluted. Generally speaking, everyone has other land and properties in their hands, which can be injected into listed companies to stabilize the stock share.

In fact, the share of the four major families in the previous life of the listed company was basically about 49%.

At present, Cheung Kong Group has issued about 650,000 new shares, and the total share capital has reached 50.65 million shares; The share capital held by Lin Zhichao is 37.5 million shares, accounting for 74.03% of the shares, diluted by one point.

Cheung Kong Asset Group.

Lin Ruihuan and Huang Changhong came to Lin Zhichao's office together.

"Chairman"

Lin Zhichao raised his head, and then said: "Well, I asked you to come here to tell you that the plot on the south side of the Far East Financial Center, that is, the 'Raffles City' project, can be prepared and planned." This time, let Ruihuan be the project manager, and you have to communicate with a few more uncles. ”

Lin Ruihuan nodded calmly and said, "No problem, it's just that this land is still under the umbrella of Victoria Harbour Real Estate, so you have to buy it with money first." ”

Lin Zhichao said: "I will talk about the matter of buying it early next year." The first is that we have just bought a 1.23 million square foot site, and the second is that Cheung Kong Group is raising funds. So, plan first, come up with a plan first! The overall plan has already been out, but how to build a first-class shopping mall, you have to work the limited land, to make good use of it, and at the same time, you have to consider the office buildings to be built on both sides."

In fact, Lin Zhichao was more fond of the 80s Landmark Plaza in his previous life, but he didn't say it in advance. He needs his son to come up with a plan by himself, compare it with his own plan, and finally combine or choose.

This site is more than 40,000 square feet, which is a little larger than the area of the previous Landmark Plaza.

In the previous life, the Landmark Plaza was only more than 20,000 square feet, with a total of 5 floors, two of which were basements, that is, shopping malls of more than 100,000 square feet, including basements, which were opened up into boutiques and restaurants of different styles. In the center of the square, various performances, exhibitions, and music can be held, and there are coffee lounges and tea houses around it, and the cover is covered with translucent fiberglass.

Therefore, this Raffles City can build a shopping center of about 200,000 square feet, which is also three floors above ground and two floors underground, all of which are used as shops; As for garages, there is no shortage of garages at the former Navy Yard site, and there are more places to park nearby.

"Okay, chairman, I will plan this project carefully!"

Lin Zhichao nodded, and then motioned for Lin Ruihuan to go out first, and Huang Changhong to stay.

"How's Ruihuan doing?"

For more than a year, Lin Ruihuan has been working with Huang Changhong as his assistant. This arrangement is to let him have a group vision.

Now he is arranged to do projects to exercise his practical operation ability.

Huang Changhong said with a smile: "Tiger father has no dogs, boss, you can rest assured, Ruihuan doesn't say that you have the skills you had back then, but it is far beyond us." ”

Of course he wouldn't say that if you can have the skills of the boss back then, wouldn't that be a mess. The boss is the god of management, a god, and the boss's son is a genius at most.

Lin Zhichao nodded and said, "I don't want him to carry forward the company in the future, I just hope that he can keep the country I have built." So, what I need is for him to be calm enough. ”

Huang Changhong said seriously: "At this point, I absolutely dare to pack a ticket, Ruihuan can do it." ”

After chatting for a while, Huang Changhong also left the office. From him, Lin Zhichao got the answer he wanted.

Lin Zhichao calculated that he would issue new shares worth 100 million Hong Kong dollars to exchange for new shares of other companies, and it is expected that he could finally cash out 2~300 million Hong Kong dollars. The profit in the first fiscal year is estimated to be HK$120 million, and with the addition of funds raised through the London IPO, Cheung Kong Asset Group's cash flow is sufficient.

Although Hong Kong's real estate fell by about 30% due to the oil crisis in the later period, it can actually ensure that real estate profits do not fall. In fact, the impact of the oil crisis on Hong Kong's economy was not very significant. As for the stock market crash, it was entirely due to overheating of speculation.

The reason why Lin Zhichao is thinking about these is naturally to want Changjiang Industrial to maintain sufficient competitiveness and develop rapidly in the future. However, he will not let Cheung Kong Industrial Group directly speculate in stocks and gold, because he wants to keep a low profile.

In early October, Uniqlo clothing companies were officially preparing to go public, raising 38 million Hong Kong dollars, with an initial market value of 152 million.

In the previous life, the crocodile shirt was listed and raised only 17.5 million Hong Kong dollars, and it is obvious that the Uniqlo clothing company in this life is much stronger.

Whether it is in the development of crocodile shirt brands, production plants, and property assets, they are all better than in the previous life; Moreover, it has also added assets such as the Uniqlo brand, the Traveler trolley case brand, and the agency of three first-line clothing products in Europe and the United States; Even if it is, it is better to grasp the timing.

Such a comparison fully shows one thing - that is, Lin Zhichao's leadership ability is much more powerful than the Chen Shun family.

Meeting room at the Crocodile Building.

Mr. Lin was holding a management meeting, and he ceded the position of general manager to Mr. Zhao Mingyi, who served only as chairman of the board of directors of Uniqlo's apparel company.

This layout fully shows that Uniqlo clothing companies are not Lin Zhichao's core enterprises, and Lin Zhichao hopes that his two daughters will join this company in the future.

"This time, the Uniqlo company will go public smoothly and raise a lot of cash, mainly because our annual profit is more than 10 million Hong Kong dollars. But everyone understands that Uniqlo has just started, because Hong Kong's economy, and even the economy of Asia and the world have just started, as the economy becomes more and more developed, people's desire to pursue beauty is getting bigger and bigger, and they will no longer satisfy a single clothing taste. The success of our Uniqlo brand in Hong Kong is a testament to this. ”

The Uniqlo brand now has four stores in Central, Causeway Bay and Tsim Sha Tsui, all of which are in the shopping malls of Cheung Kong Group.

Zhao Mingyi said: "The chairman's analysis is very correct, we can't relax at all, the listing is not the peak, but it has just started." Crocodile shirts can be fully developed in Asia, Uniqlo can also add stores in Hong Kong, and Uniqlo factories can pursue more orders for mid-to-high-end clothing."

He is a veteran who has followed Lin Zhichao for 23 years, so he naturally knows the boss very well.

In fact, almost all of Lin Zhichao's senior executives have followed him for about 20 years. These high-level executives have not yet reached retirement age (60~65 years old), and the oldest ones have 5~10 years left.

These old ministers happen to act as the concubines of Lin Zhichao's children, and as for the second generation of ministers, they have already been cultivated, and they can also be recruited from outside to continue to cultivate.

After the chairman and general manager took turns to speak, all senior executives also continued to express their views, including Vice President Hong Yunhao.

Then, Lin Zhichao said: "Most of the funds raised this time will be used to purchase properties, which will help the stable development of the enterprise." I have information on some of the properties here, including shops, industrial buildings, etc., and you will find a third-party audit later, and then buy these properties. ”

There are too many shops in Victoria Harbour Real Estate, with an estimated value of about 80 million, and it must be said that the first floor and basement of the seven buildings on one side of Paterson Street are under the umbrella of Victoria Harbour Real Estate, as well as the first floor of Tan Gong Building in Causeway Bay, the first floor of Xiyun Street, etc. This is because in the early days, Cheung Kong had always left most of the first floor and basement floors, especially in the retail areas of Causeway Bay and Tsim Sha Tsui. These shops can bring in seven or eight million dollars in profits for Victoria Harbour Property every year.

As for the factory buildings, Lam's enterprises own five factory buildings in Kwun Tong, including the Crocodile Shirt Factory Building, the Cheung Kong Industrial Building, and three more factory buildings in 1967, including the Kei Oi Building, which was once a competitor of plastic flowers.

Uniqlo executives looked at the information sent by Lin Zhichao, which included an industrial building and dozens of shops, with a total value of about 50 million Hong Kong dollars.

Uniqlo's current available funds are less than 50 million Hong Kong dollars, which is almost emptying the cash flow.

Lin Zhichao's purpose in doing this is actually a kind of cash-out, but the cash-out assets still go into his other pocket.

"Boss, the estimated value of these properties is 50 million Hong Kong dollars, and we need a loan of 10 million Hong Kong dollars to be safe." Zhao Mingyi said.

Having said that, there was surprise and longing in the eyes of every high-level executive.

Lin Zhichao said with a smile: "Buying these property assets, in fact, Uniqlo has become a comprehensive enterprise of clothing and real estate, of course, real estate is only an investment nature, not the main business." But in any case, with such a rich asset, the stock price will definitely rise even more later, so it is best to raise funds by issuing new shares and reducing loans. ”

His businesses are low in debt and high in cash flow. Of course, it is also that the stock market is booming now, and there is no need to worry about the source of funds.

Zhao Mingyi immediately said: "What the boss said makes sense, so that the company will have no pressure to eat these properties." ”

At this time, UNIQLO is about to be listed, and it has been registered, waiting for the official listing. It is also an opportunity for the top management to buy shares at a low price and wait for the stock to appreciate. But the boss said that the stock had to be doubled before it could be sold.

After all, Uniqlo can be regarded as clothing + real estate, if it is not doubled, it will be a complete joke; In fact, at its peak in 1973, there was no problem with a market value of HK$4 or 500 million.

Two days later, the Uniqlo company was officially listed, and its market value soared by 35% on the same day, becoming the object of market attention.

Many people found that this company is the third company listed by Lin Zhichao this year (Cheung Kong, Golden Harvest, Uniqlo), and they have lamented the heat of the stock market and the huge strength of Lin Zhichao.

market.

"Uniqlo clothing companies are definitely good stocks, and they have great potential in the later stage!"

"Why do you say that?"

"Because, his boss is Lin Zhichao!"

"That's right, if you say this, then there must be nothing wrong with buying Uniqlo!"

For a time, Uniqlo also became a sought-after stock in the market.

In fact, in the eyes of professionals, Uniqlo is indeed a good stock, with rich property assets, and its crocodile shirt brand is deeply rooted in the hearts of the people.

(End of chapter)