Repulse Bay Minghui Garden.

Lin Zhichao hugged Zhao Yazhi, who was three months postpartum, and was watching TV. At present, there are three television stations and two radio stations in Hong Kong, and their headquarters are broadcasting, so they are also called 'five stations'.

Jiayi TV was launched in 1975, and it was very vigorous from the beginning, filming a lot of wonderful dramas, and there were many good dramas; But Lin Zhichao knows that Jiayi TV will stop broadcasting next year, not because the ratings are not enough, but because the consumption is too large, and the financial strength of several shareholders is insufficient. Jiayi TV stopped broadcasting, and was picked up by TVB and Li's TV station, and accepted many entertainers from Jiayi TV.

Lin Zhichao is not in a hurry to get out, he has double insurance to enter the TV industry; Importantly, once he entered the TV industry, he was aiming for a strategy of innovation, leadership, and global ambition.

"Brother Chao, what are you thinking?" Zhao Yazhi, who was in his arms, said lazily.

The three-month-old son of the two was carried into the bedroom by the servant, leaving the two to have a good time today. The son of the two is called 'Lin Gaoyuan', and the middle generation does not use the generation of Lin Zhichao's ancestral hometown, but passes it down separately to distinguish it.

After all, the children behind can be considered 'illegitimate children', and the inherited wealth will not have a company, but the family wealth that Lin Zhichao saved for them through their mother.

For example, Zhao Yazhi currently has property assets worth more than 40 million, and by the early eighties, he had become a billionaire.

"I'm thinking, what should you reward for giving birth to a son for me!" Lin Zhichao hugged Zhao Yazhi tightly and said with a faint woman's fragrance.

Zhao Yazhi said happily: "Of course there is no need to reward!" You have given me so much wealth, and I have given birth to a son for you, just right! ”

Lin Zhichao joked: "Isn't the child what you want?" ”

When Zhao Yazhi saw Lin Zhichao's expression, he immediately coquettishly said, "Brother Chao. Brother Chao, do you like Gao Yuan? "At the end of the day, I was a little nervous.

Lin Zhichao said with a smile: "I like it, I like it, but you know, I don't have the energy to teach him in the future." So, this kind of thing has to be left to you, just remember not to speak ill of me. ”

Zhao Yazhi immediately said seriously: "No!" I only speak good things about his father, and he is the most capable man in the world. ”

That's it!

I don't ask these children to respect and worship themselves, but I don't want to have resentment.

He will no longer give wealth to these children, everything is based on their mother's wealth.

"Okay, then I'll reward an investment plan!"

"Thank you, Brother Chao."

Hearing that it was an investment plan, Zhao Yazhi naturally would not be polite.

Lin Zhichao said: "At present, Delta Investment's debt ratio is almost non-existent, so it can borrow 10 million Hong Kong dollars through mortgage property. Then you ask the people in the company to pay attention to Swire Properties, and they should be going to launch the fourth phase of 'Taikoo Shing' recently, and they should queue up to buy it. In addition, if there is still money, invest in Sun Hung Kai and New World Development stocks. ”

I do not introduce the purchase of my own company's shares, because the shares of Cheung Kong Group maintain their value, but it is also difficult to skyrocket.

Zhao Yazhi nodded hurriedly and said, "No problem, I'll go to the company tomorrow to make arrangements." ”

Delta Investment already has a complete corporate structure, with general managers, financial managers and other management, after all, more than 40 million properties are equivalent to a small company. The annual rent is about 3 million Hong Kong dollars.

In fact, at present, a high-end residence costs nearly 300,000 Hong Kong dollars (1,000 feet), which is more than 130 residences. However, Delta's investment properties are not all residences, but also offices, shops, etc.

Lam asked Chiu to buy the Taikoo Shing property because the appreciation of the 'large estates' was higher.

For example, Taikoo Shing is now 300 Hong Kong dollars per square foot, and in 1981 it was 1,200 Hong Kong dollars per square foot;

Ordinary houses do not have this increase, and three times is estimated to be about the same.

After chatting for a while, Lin Zhichao unbuttoned Zhao Yazhi.

"Wading in the water?"

Zhao Yazhi said coquettishly: "What do you still say, play with them so big, this time it will be even bigger!" There was smugness in his eyes.

Lin Zhichao opened his palm.

"I like it!"

Actually, it's C-class scale, but for Asians, it's already a natural level of plumpness. But these women have been cultivated by Lin Zhichao, but their figures are very good, they should be thin, they should be fat, they can be called perfect figures.

Official land auctions.

Zhou Huai'an walked into the auction hall with high-level executives and immediately attracted attention.

In the past two years, the boss did not participate in the auction, but entrusted Huang Changhong, the deputy general manager, and took him with him; So he is a frequent visitor to the auction and a deputy who follows Huang Changhong.

The real estate experts present saw that the Cheung Kong Industrial Group did not even come to the core high-level management, and only sent the second-generation high-level leader Zhou Huai'an, and they sighed in their hearts -- the Chinese-funded real estate company 'Cheung Kong' is the oldest qualification of a large real estate company at present, and it became famous in Hong Kong in the late 40s; at the same time, their minds are also active, and today Huang Changhong does not come to participate in the auction, but only sends Zhou Huai'an, which is by no means unusual, and it is possible that the Cheung Kong Group wants to easily auction the land that he likes in this way.

Real estate developer Zhong Jianghai came over to greet with a smile: "Cheung Kong Group auctions the land, usually do a lot of work, Zhou Sheng, you raise your hand to show that the land is passable, I will follow it!" ”

Zhou Huai'an smiled: "Hu Sheng, what you said is very reasonable! ”

Although Zhong Jianghai is a veteran real estate developer, in terms of strength, how can he be compared with Cheung Kong Industrial Group.

The two sides are just joking, of course, it is possible that Zhong Jianghai will do this.

Zhou Huai'an participated for the first time on behalf of Cheung Kong today, and many real estate developers couldn't help but doubt that Cheung Kong Group wanted to easily obtain land in this way.

How can it be so easy, many real estate developers think in their hearts, and even have the intention of giving Zhou Huai'an a disadvantage.

The auction began soon.

Lee Ka-shing, Zhao Shizeng, Zheng Yutong, Wong Dehui and others are all there, but Lee Shau-kee generally does not participate in official land auctions, relying on sewing and repairing to acquire properties, overseas advertisements to acquire immigrant properties in Hong Kong, and patiently merge houses.

Zhou Huai'an still successfully won a good residential land, with an area of about 36,000 square feet, and the transaction price was 21.8 million Hong Kong dollars, with an average price of 600 Hong Kong dollars per square foot.

When the commercial land in Tsim Sha Tsui East was auctioned, many people were in high spirits. Tsim Sha Tsui East is no longer developed, but its commercial value is still there, especially the 41,000 square feet of land on this seaside land, even if the maximum of 17 floors stipulated in Tsim Sha Tsui East (Kai Tak Airport's regulations), at least more than 400,000 square feet of commercial buildings can be built.

In the crowd, Malaysia's 'Kwok Huo Nian' and Indonesia's 'Lim Siu Liang' glanced at each other, and they wanted to take pictures of this land today and cooperate to develop a first-class hotel.

Although Guo Huonian was robbed of the 'Shangri-La Hotel' signboard by Lin Zhichao, he still invested in a five-star hotel on Orchard Road, which is not as large as the Shangri-La Hotel.

And these Southeast Asian tycoons, although they are colluding with Z businessmen in their own countries, they are still worried, so they must invest a certain amount of wealth in Singapore and Hong Kong to share the risk.

This time, Guo Huonian and Lin Shaoliang are preparing to build a five-star hotel in Tsim Sha Tsui East, and of course, there are other shareholders.

The auction begins.

Zhou Huai'an joined the price for the first time, which immediately attracted the attention of many people, and everyone guessed that Changjiang Industrial Group was afraid that it attached great importance to this land!

Quite a while, naturally some people began to make it bad, of course, this is secret, that is, a normal price increase.

At this time, Lin Ruihuan has been observing in the corner.

In the auction hall, the elites gathered, all of them were golden-eyed, grinding their fists, choosing fat and devouring.

The intentions of Cheung Kong Asset Group, as well as the value of this land, are very hot.

When the price shouted 75 million Hong Kong dollars, Zhou Huaian began to give up the bidding.

Lin Ruihuan alertly picked up the bidding later, with a clear eye and a sense of measure.

The attacking teams of the major groups present did not pay attention to which hero this young man was, thinking that he was a representative of a small and medium-sized real estate company that was unknown, or a foreign-funded institution that had just arrived in your country, so they did not take him seriously.

Until Lin Ruihuan shouted: "88 million"

"Who, is it a representative of a foreign-funded institution?"

"It's possible, it's also the Raptors of Southeast Asia."

There was a lot of talk.

Guo Huonian and Lin Shaoliang communicated with each other, but reluctantly chose to give up.

Tsim Sha Tsui East is still a desolate place, with the Hong Kong government reclaiming a total of 17.4 hectares, and last year two lots were auctioned, but the sale price was only HK$1,700 per square foot, and it was not a coastal land. And now the unit price of this coastal land has increased to 2,200 Hong Kong dollars per square foot, which is already a big increase.

Guo Huonian and Lin Shaoliang chose to give up because there is still a lot of land in Tsim Sha Tsui East, which will be auctioned at a later stage, and it is not appropriate to fight with a stunned young man today.

But if Cheung Kong Group auctions this piece of land to the end, many people will think that since Cheung Kong can be optimistic, then it is worth it to be more expensive.

After the auction, reporters from several financial media came to Lin Ruihuan.

"Which company do you represent?"

Lin Ruihuan said seriously: "Changshi"

The reporter was stunned!

This young man represents Changshi, who does Zhou Huai'an represent?

Of course, there is no rule that only one person can bid at the auction, as long as you bid high.

"Hey, are you Mr. Lin Zhichao's eldest son?" One reporter reacted quickly.

Lin Ruihuan has not yet answered.

The reporters at the scene suddenly 'coaxed' and suddenly realized.

represents Changshi, who looks six or seven points like Lin Zhichao, not who the 'prince' is!

Cheung Kong Group.

After Lin Zhichao heard that his plan worked, he was very happy and saved 10 million.

The land in Tsim Sha Tsui East has risen sharply in recent years!

In the past, land in Tsim Sha Tsui East was auctioned in the late 70s and late 70s, and the prices were higher and higher. For example, in 1977, 930,000 square feet of land was auctioned for a total price of 1 billion Hong Kong dollars; In 1978, 680,000 square feet of land was auctioned, but the total price was as high as 2.9 billion Hong Kong dollars. The land is 250,000 square feet less, but the price has tripled.

This fully shows that next year and the year after that, a large number of land will be auctioned in Tsim Sha Tsui East.

Lin Zhichao drew a circle on the paper, which was next to the land they photographed, and said: "In the future, we only need to take another picture of this piece of land on our west side, or this piece of land on the east side, and we will have a place in Tsim Sha Sha Tsui East." The model of shopping mall (lower part of the building) + office building (upper part of the building) + hotel occupies an important part of the future business of Tsim Sha Tsui East. ”

Lin Ruihuan said: "The hotel building must be planned and built first, so as not to be caught!" ”

Lin Zhichao smiled: "I won't be targeted!" Who would raise the price of the land next to us for no reason, unless he really wanted it, and of course we were not worthy. ”

Lin Ruihuan is no longer worried about this problem, this time his father's plan worked, he knew that many real estate developers saw that Changshi Real Estate liked a piece of land, and they would definitely attach importance to this land; In their opinion, their old bean's vision is very good, and it is always right to follow.

Then, Lin Zhichao said: "The project of East Tsim Sha Tsui will be in charge of Ruihuan, introducing hotel brands and building a comprehensive commercial building. ”

At present, there are two high-level executives of the younger generation - Lin Ruihuan and Zhou Huai'an, Lin Ruihuan is good at planning commercial real estate projects, and Zhou Huai'an is good at planning and developing real estate projects, which can be described as successors.

Lin Ruihuan currently plans commercial projects such as: Hyatt Regency New York Railway Station, Raffles City (opening this Christmas), Haifu Building (participation), Penfolds Center (participation), etc., and has a wealth of experience.

Zhou Huai'an is also very good, Saixi Lake Real Estate, Elizabeth Building, and Oriental New Estate (counseling) can also be regarded as showing their edge.

"Okay, Chairman. The chairman, the hotel brand of East Tsim Sha Tsui East, can introduce the Hilton hotel brand in exchange for the end of the Hilton Hotel in Central. In this way, we avoid incurring a large default fee. Lin Ruihuan said.

Lin Zhichao was stunned, he didn't think of it at the first time, and then said: "You just look at it!" You can wait until the hotel building is topped out and then talk to the Hilton. ”

They have a full-fledged hotel design of their own, and they only need Hilton hotel management and branding.

Lin Ruihuan said: "Well, I know! ”

When everyone left the office, Lin Zhichao showed a smile, there is someone to follow!

He plans to support Lin Ruihuan and Zhou Huai'an in the late 70s, Lin Ruihuan is the general manager and executive director, Zhou Huaian is the deputy general manager and executive director, and will join Mailisi as the deputy general manager and director in the future

One day in June.

Lin Zhichao sat in the office of the Universal Group, holding a shipping magazine in his hand, which contained the records of the Gippson Shipbrokers, the ranking of the world's top ten ship kings:

Lin Zhichao is firmly in the first place, with a total load of 18 million tons;

Dong Haoyun, the veteran ship king, ranked second, with a total deadweight of 7.5 million tons;

Onassis, the Greek ship king with the world's most famous media, ranks eighth, with a total deadweight of 4 million tons;

Hong Kong's new ship king Bao Yugang, ranked tenth, with a total deadweight of 3.2 million tons.

As for Zhao Congyan, he is not qualified to be on the list at all, presumably in his previous life, he was the 'King of Debt Ships' after the eighties.

This ranking is relatively real and highly credible, Lin Zhichao thinks so.

The reason why he is undercounted by three or four million tons is because Global Shipping is not listed and does not have a second shareholder; In addition, there are many non-VLCCs in operation, so it is difficult to count these ships.

Dong Haoyun has a fleet of 7.5 million tons, and believes that the debt ratio is high, after all, it is difficult to operate without debt like Lin Zhichao; What's more, Dong Haoyun will also frantically expand shipowners, which may reach more than 10 million tons.

With the development of the world economy, a 300,000-ton oil tanker is currently being built, up to about 50 million US dollars. A giant ship is worth a commercial building in Central.

That, of course, is the price of shipbuilding!

The price of second-hand oil tankers is not so expensive, it depends on the specific situation, as well as the shipping environment at that time.

To put it bluntly, a huge oil tanker worth $50 million today was worth only $5 million in 1985.

Shipping is a thing, the cost of shipping fluctuates, and there are several prices a year; If the cycle comes, the price is the difference between heaven and earth.

Lin Zhichao knew that it was time to sell the ship!

His plan to reduce the number of ships was already in his mind, that is, from the second half of this year (July 1977), he would sell non-VLCCs (less than 200,000 tons) first. In two years' time, he will have only 8 million tons of ships left.

Not for a while.

"Boss" Feng Yongfa walked in and said.

He is also old, when he was with Lin Zhichao, he was already in his early 30s, and now he is 60 years old.

It just so happens that after this ship reduction, Feng Yongfa should also retire.

"I'm going to reduce the ship, and if there is a ship that expires recently, I will sell it, and I will throw it at the right price. Priority is given to the sale of 10~150,000 tons of oil tankers and bulk carriers, and if there is a VLCC oil tanker expiration, it will be reported to me for post-processing. Priority is given to the sale of ships of global shipping, and Universal Shipping is not in a hurry."

Feng Yongfa said without doubt: "No problem, I'll arrange it immediately!" However, the batch of 100,000-ton oil tankers built in the late 50s and early 60s has also reached the age of being scrapped and cannot be sold at a high price. ”

After following the boss for so many years, this kind of big decision does not need him to worry about, and the implementation is right. Because, the boss's decision-making has never been missed. Now that the boss is buying Manhattan office buildings and secretly buying shares of Wharf Group, the intention of going ashore is already obvious.

Lin Zhichao said: "The 100,000-ton oil tanker looks at the sale, and if it doesn't work, it will be scrapped." ”

These ships, which made a lot of money by speculating in oil back then, are now directly scrapped, and they are already worth the price.

"Okay"

At present, Universal Group owns 50 VLCC/ULCCs, which have a total tonnage of 13 million tons.

The important thing is that these ships were also in the late sixties at the earliest, and the oldest ship was only 11 or 2 years old, plus it was a VLCC, it was still very valuable, and one was more than 15 million US dollars, reaching seventy percent of the shipbuilding.

In addition to the good shipping market, it is also related to the rising cost of shipbuilding in recent years (steel, labor, technology, etc.), such as building a 226,000-ton VLCC, which costs more than 35 million US dollars.

As for those 100,000-ton oil tankers, they are really worthless, and they are all about 15 years old. The life span of ordinary oil tankers is 20 years, and the shipping companies in some regions use 25 years.

As a result, the value of the global group's fleet is already less than a billion dollars.

(End of chapter)