Chapter 390 [Cash Out]

The day after Lin Zhichao's appeal, the Hong Kong stock market fell another 52 points, attracting a lot of scolding; But the market still quickly digested and continued to open an upward channel.

In fact, the Hong Kong stock market is much more vigorous in this life than in the previous life, after all, the economy is better, and the citizens have more savings, which has led to more local funds entering the market.

Although the media frequently commented on the stock market at this time, it was of no help to citizens who wanted to make a fortune.

"Despite the Hong Kong government's efforts to use pressure to 'cool the stock market' and business leaders to warn, the public is full of confidence in Hong Kong's prospects and is optimistic about the stock market, while at the same time, a large amount of overseas capital has poured into Hong Kong in search of a way out, causing the stock market to rebound quickly."

β€”From an editorial in Sing Tao Daily.

"Due to the blazing market atmosphere and the crowding of many formal brokerage houses, there are even more 'irregular' brokers (i.e. brokers not listed on the four exchanges) that specialize in 'odd shares' (fractional stocks) in Mong Kok, Kowloon. In fact, from any point of view, the behavior of some members of the public in buying and selling stocks has become like gambling, which has basically deviated from the trajectory of the normal operation of the stock market, and is very likely to affect social stability and financial order. ”

β€”From an editorial in Oriental Daily.

"The trading of stocks has penetrated into housewives and all walks of life, and the citizens are inseparable from the 'stock classic' (stock topic) when they meet and talk a few words, and the frenzy of the citizens to inquire about the stock market news everywhere is even more than the situation in the past when the gambling in Guangdong Province was opened, ignorant women and children rushed to inquire about the 'oral message' (oral information) of the master of the flower. The social change reflected in this is that many (stock) retailers have put business ethics behind them and only pursued profiteering (principle). Many housewives and maids have also given up their savings to buy stocks, because the interest rate on savings is far less profitable than stocks. There are also those 'white-collar' class and the like, who are distracted by office hours, and use the phone to 'buy and ship' as soon as they hear something. In office buildings (offices) in the Central District, it has become commonplace. In addition, teachers in government-subsidized schools have not forgotten the ups and downs of stocks during class and have no intention of teaching, which has caused dissatisfaction among many parents of students. ”

β€”From an editorial in Sing Tao Daily.

The office of Cheung Kong Asset Group.

"Lin Sheng, the 1,250 Hong Kong dollars in cash raised by Wancheng Development, I want to buy a rent-collecting property, I don't know if you, the director, have any advice to give me, I will listen to you!" Yu Chengwan came to Lin Zhichao's office and said in a consultative tone.

Over the years, he has learned too much business knowledge from Lin Zhichao, of course, it was not Lin Zhichao who specifically instructed him, but Yu Chengwan took the opportunity to 'steal learning' during the relationship between the two.

Lin Zhichao took Yu Chengwan's attitude humbly, and decided to mention him a few words: "Lao Yu, you have money in your hands, are you still worried that you can't buy a property!" The money raised has only been in hand for a few days, so where can I spend it in a hurry! ”

Yu Chengwan is not stupid, he knows what Lin Zhichao means - it is not cost-effective to buy property now.

"You mean to wait?"

"Well, wait, besides, you don't have a suitable partner, do you?"

Yu Chengwan nodded and said, "Indeed! I originally wanted to buy a commercial building, but Hong Kong Island and Tsim Sha Tsui definitely couldn't afford it. ”

Lin Zhichao said: "Then look for more, but don't start." The stock market is shaky, and real estate is bound to be affected, which is the principle of stock pulling. ”

"Thank you Lin Sheng for your guidance, my trip is really worth a thousand gold!"

"You're welcome, brother, I'm also a director."

Wancheng Development raised more funds than expected, with 12.5 million Hong Kong dollars in hand, and if it uses loans, it can still buy a commercial building in Kwun Tong, Mong Kok and Yau Ma Tei.

Yu Chengwan deliberately brought his youngest daughter with him at these two gatherings, I don't know if he wanted Lin Zhichao to take a fancy to be his daughter-in-law or something.

But it is obvious that his youngest daughter Yu Huafang is not suitable for Lin Zhichao's sons Lin Ruijiang and Lin Ruihai, the simplest problem - not studying is bad, not studying in college is a hard injury. Lin Zhichao's sons are all going to world-famous schools, so naturally they have to have matching academic qualifications to find a wife, unless they decide for themselves.

Of course, Yu Chengwan didn't say anything, he was just a temptation, and it hurt his feelings a little when he said it.

Yu Chengwan left Lin Zhichao's office satisfied, when he was flipping a house in the past, he would summarize some useful confidence from Lin Zhichao's mouth, and this method was tried and tested. For example, if he understands that Cheung Kong will not have any subsequent real estate sales, he will sell some properties to avoid risks.

As a result, he guessed correctly, and in 1957 and 1964 he sold some properties respectively, and the results were all at a high point; Even in 1967, he bucked the trend and bought the bottom, although he did not buy much, but his wealth increased a lot.

It is a great blessing to have such a friend!

"Hey, can you sell some properties now?"

"Yes, it's no problem to have a little less, anyway, I'm going to buy a commercial building in the future and sell the scattered properties."

Soon, Yu Chengwan found another trick from Lin Zhichao's remarks today. Also, he also has stock investments and is ready to sell some gradually.

Monday, January 29.

The Hang Seng Index has climbed to 1,200 points, up 300 points from 900 points at the end of last year, which is crazy.

Seeing this, Lin Zhichao hurriedly arranged it. After all, such a good opportunity, if you don't cash out, wait for when.

He was the first to call Zhou Fuzhao and said: "What is the market value of Cheung Kong Group?" ”

Zhou Fuzhao said: "At about 220 million Hong Kong dollars, the stocks of Hopewell Property and Sun Hung Kai Properties have more than doubled, and the others have nearly doubled. ”

At the time of the swap with Sun Hung Kai Properties and Hopewell Properties, the market value of the two companies had doubled, and now it has more than doubled, that is, it has risen to nearly five times.

The stock of Cheung Kong Asset Group has also reached 8.2 billion Hong Kong dollars, which has once again surpassed the market value of Hongkong Land by more than a billion yuan (Hongkong Land's market value fell by a wave after the completion of the acquisition of Dairy Farm).

"After counting the number of investment stocks in the group, they will be sold in batches for 25 trading days, and finally no shares will be left."

Zhou Fuzhao immediately said: "Okay, I'll do it right away." ”

He also has an idea in his heart, that is, the stocks he invested in can also be emptied.

Before he could finish thinking about it, Lin Zhichao had already said: "You communicate internally, reward your bonus stocks, it's time to throw them away, don't be greedy!" ”

Zhou Fuzhao hurriedly said: "Okay, I must communicate with everyone." ”

A core executive like him originally bought 1.5 million Hong Kong dollars, but now it has nearly increased fivefold, and it is sold for six or seven million Hong Kong dollars, which is equivalent to their salary for ten years. Other high-level executives also have 50~1 million yuan, and now they are millions of Hong Kong dollars.

Obviously, the boss's gift package allows everyone, the old ministers, to easily live the life of a multimillionaire after retirement. It also confirms the boss's words - if I make 100 million, I must hope that everyone will earn 1 million.

In fact, Lin Zhichao values these veterans very much, and even after they retire, they will continue to contribute to the Lin family - either by joining the advisory team or by joining a private investment company for a few more years. In short, if your health allows, the age of 70 is considered a real retirement, or even 75 years old, but the follow-up work is easier.

After Zhou Fuzhao left, Chen Zhiyuan of 'Victoria Harbour Real Estate' also came to the office, he is not an employee of Cheung Kong Group, but there is no problem in entering Lin Zhichao's office, after all, many people know him.

"What is the total market value of the stock?"

"It's already 1.2 billion Hong Kong dollars!"

Lin Zhichao lost his mind slightly, he originally only wanted to make seven or eight billion, but the result was that he made more and more.

"Immediately cash out in batches, and all cash out within 30 working days."

"Well, now the daily trading volume is more than 500 million Hong Kong dollars, and one-tenth of the quota will not have much impact."

Lin Zhichao said with a smile: "I'm not afraid of influence, I'm ready to make a little less, and those stocks don't listen to me." Also, sell the Cheung Kong stocks in your hand as soon as possible, don't be greedy. ”

Chen Zhiyuan was originally a senior executive of Cheung Kong, and on the eve of the listing, he was assigned to Victoria Harbour Real Estate, and Lin Zhichao arranged for him to buy the shares of Cheung Kong Group on the first day, and gave him a cheque of 300,000 Hong Kong dollars as compensation.

In this wave of benefits, a total of 16 high-level executives have received 'bonuses', in fact, high-level people have shares, and middle and low-level will naturally not have them.

"Well, thank you boss for the advice!" Chen Zhiyuan said gratefully.

"Under normal circumstances, I don't want to impose my judgment on you, and it's up to you to decide when to sell. But this time it's crazy, and the Hong Kong stock market is scared. All of you are over 50 years old, and I hope that in 10 years' time, you will be able to retire with a good fortune. ”

"The boss is so good to us old ministers that he has nothing to say, and the money he earns for a lifetime with you is worth ten lifetimes of money in other companies. Everyone is always grateful for your kindness! Chen Zhiyuan said excitedly.

Lin Zhichao waved his hand and said: "My company is not ten times that of others, what is the problem with everyone who can work hard." Okay, let's go do things, I don't know how many people have died in this wave! ”

"Okay, then I'm going to get busy!"

Chen Zhiyuan's heart trembled, realizing the seriousness of the matter. But think about it carefully, the boss really sincerely advised everyone last time, but it also attracted a lot of scolding. In fact, his personal stock has also been sold off after the 15th.

After Chen Zhiyuan left.

Lin Zhichao calculated that there is no problem for Cheung Kong Group to make 150 million in the stock market this wave (250 million returned), and Cheung Kong Group will also sell new shares in London next month to raise 100 million Hong Kong dollars.

After this series of operations, Cheung Kong Group has more than 300 million Hong Kong dollars in cash, which is not counting the profit in 1973. With such a huge cash flow, it is natural to prepare for subsequent development.

After the Spring Festival, the Hong Kong stock market was so hot that the Hang Seng Index rose on the first trading day of the year because 1973 happened to be the 'bull' year of the Chinese year.

On the Friday of the first week of the Lunar New Year (9 February), HSBC announced the payment of a final dividend of HK$3.75 per share and five bonus shares.

As soon as the news came out, the Hang Seng Index soared by 180 points that year, from 1321 points to 1507 points, a premium of 14%, setting a new record.

Add fuel to the fire

HSBC's move is undoubtedly a move.

Of course, Cheung Kong Asset Group is also holding a high-level meeting to discuss dividends.

Huang Changhong, as the deputy general manager, took the lead in suggesting: "I suggest that we also learn from HSBC, of course, we must reduce the cash dividend distribution, and each share should not exceed five cents, followed by 1 share for 1 bonus share, and then split 5 shares per share."

1 share gets 1 bonus share, and then 5 shares per share are split, which is actually a 10-fold increase in the number of shares. In this way, the share capital of Cheung Kong Asset Group is 519 million shares. Of course, this does not count the share capital that will be listed in London, and the listing over there is not bad, and it is only 100 million yuan to raise funds, which is just a drizzle for the more than 9 billion Cheung Kong Group.

Zhou Fuzhao, as a financial manager, quickly gave a specific plan, saying: "If each share is 0.5 Hong Kong dollars, then 26 million Hong Kong dollars will be distributed, which is only half a year of interest.

Lin Zhichao finally said: "As for the cash dividend of 5 cents and 2, there is no need to be stingy in this regard, as a listed company, we have to come up with dividends every year and tell shareholders what is value investment!" ”

It is not unacceptable to pay one-third of the profit dividend every year, especially the problem of Cheung Kong Group's low debt. Lin Zhichao also hopes that at least 20% of the profit can be paid as cash dividends every year.

Later generations of Hong Kong shareholders were keen to pursue HSBC shares, claiming to be buying pensions, and Lin Zhichao also decided to create higher wealth for shareholders from the moment he went public. So naturally, Cheung Kong Group still has to develop overseas, and cannot be limited to Hong Kong.

Today, Cheung Kong also has certain investments overseas, such as Raffles City and Daimaru Department Store in Singapore.

The meeting quickly made a decision and prepared for the board meeting, which was actually a formality.

In the new week, the United States announced that it would depreciate the dollar by one percent, and the Hong Kong government announced that it would keep the exchange rate unchanged at 5.65 (the Hong Kong dollar has been pegged to the dollar and decoupled from the pound), but the stock market has only retreated slightly. Later, the Hong Kong government announced plans to build an underground railway to improve the overstretched transportation system, and investor sentiment was pushed to a high point again.

By the last week of February, the stock market was unusually busy, with the Hang Seng Index rising sharply every day.

If you want people to perish, let them go crazy first, which is a true portrayal.

By the last day of the end of February, the Hang Seng Index had reached 1,700 points.

In the evening, Lin Zhichao asked Zhao Yayi to have dinner at the Miramar Hotel.

Zhao Yazhi, who has been developed by Lin Zhichao for half a year, has a mature taste that has emerged, and it has become more and more beautiful.

At the same time, Zhao Yazhi talked endlessly about the stock market, which was funny, and the nineteen-year-old girl had cultivated a money fan.

"Brother Chao, do you know how much money we already have in the stock market? 15 million! You are so amazing, 2 million becomes 15 million, you only took half a year, and the Hang Seng Index only rose 2.5 times. ”

The Dairy Farm Company increased by 2.5 times, and the Hopewell Sun Hung Kai Company increased by 2.5 times, adding up to 6 times, and during the period, it also intervened in the Hong Kong antenna, making a net profit of 3 million, which is 10 times.

It seems that Lin Zhichao regards Zhao Yazhi's investment company as his own trumpet and has a lot of fun.

"It's time to leave tomorrow, or it's hard to go!" Lin Zhichao said casually.

In fact, it is not difficult to walk, as long as you walk decisively, there is no problem. After all, there are still more than 1,700 points before starting to enter the market!

According to this trend, 1800 points can be broken.

Zhao Yazhi said in surprise: "Brother Chao means that all the stocks will be emptied tomorrow?" ”

Lin Zhichao said: "Don't be in such a hurry, just empty it all in three days, and don't leave one share." ”

Zhao Yazhi patted his big chest with relief and said, "It's finally ready to sell!" ”

Lin Zhichao laughed and said, "Are you willing?" ”

Zhao Yazhi said: "Of course I am willing, I want to sell it out for a long time, so as not to be unable to sleep every day, you see, my dark circles are about to come out." After speaking, Zhao Yazhi came to Lin Zhichao and came up.

Lin Zhichao knew that this was this woman who was funny, a very naughty little girl, which made him feel a lot younger.

"Go get the flight attendant uniform and change it in front of me!" Lin Zhichao quickly decided to release it tonight.

Zhao Yazhi said with a little amorous: "Just thinking about that, you can't talk to me more!" ”

Lin Zhichao smiled: "You can talk while playing, and it's so interesting!" ”

When Zhao Yazhi heard this, he shyly turned around to get his clothes.

After a while, Lin Zhichao sat on the sofa, and Zhao Yazhi took out the flight attendant costume and slowly took off his body.

Perfect body, white and delicate, skin like coagulation, young and energetic!

In fact, Zhao Yazhi still has a disadvantage for Lin Zhichao - that is, he is not obviously recognizable.

What is recognition?

First of all, we have to talk about unrecognizable beauties, such as those Internet celebrities in later generations, who are beautiful on the Internet, and they are produced on the whole assembly line. Even some Internet celebrities wear beautiful faces, as if they are wearing a mask on their faces, which is indescribably weird; However, there are many netizens who say that beautiful women are as if they have never seen beautiful women.

If you talk about recognizable beauties, Lin Zhichao admires the 'heroic' Lin Qingxia, the 'charming' Guan Zhilin, and the 'mixed-race beauty' Li Jiaxin

Zhao Yazhi did lose, but it doesn't matter, this woman is anti-aging, and Lin Zhichao is not a very ruthless person, so he will leave her a lover position.

As for why those lovers in Japan were dumped, the reason couldn't be simpler, because it couldn't be taken into account.

"Isn't it pretty? JAL hostesses don't wear these black stockings, but I know you like it, so I specially matched it, will it be a little bad? Zhao Yazhi turned his body and asked eagerly.

She longs for praise from this man!

"Good!"

Lin Zhichao leaned on the sofa, and the meaning was self-evident.

(End of chapter)