Chapter 450 [Like Young]

Lin Ruihuan walked into the chairman's office and reported his work.

"Father, last week, we signed a development agreement with Hang Lung, Henderson, New World, Hongkong Land, and MTR Corporation for the development of Mong Kok Centre Building, and we have a 10% stake in the Tsim Sha Tsui Commercial Center, which has laid the foundation stone and started construction, which will be completed in the second half of 1981."

Lin Zhichao listened to his son's work report and thought about more things in his mind.

Mong Kok Centre Building, a property development right above a subway station, was probably very expensive once it was launched in the early 80s, because it was the most hyped building in Hong Kong at that time.

There are two examples in the previous life: the first is that the Golden Gate Building was worth more than 700 million yuan in 1978, and by the end of 1979 it had reached 1 billion, and then in the early 80s, it was as high as more than 1.6 billion yuan (in fact, it was not sold); the second, Lee Kar-shing speculated in the building, buying two buildings from Wheelock - Federal and International, for only a little more than 1 billion; In less than a year, the two buildings were sold by Lee Kar-shing for 2.3 billion, and the non-recurring profit of Cheung Kong Group was as high as 600 million yuan (a joint company with Wheelock, accounting for half of the equity).

Speculating on the building, even Lin Zhichao's heart moved. However, if he speculates in a building, he will definitely not speculate on the existing property, after all, no matter how high the short-term interests are, they are not as high as the long-term interests, not to mention that he is not short of money, how can he 'sell his property'.

"By the way, I heard that the land in Tsim Sha Tsui East has risen very much?" Lin Zhichao asked.

"Yes, it is now around 10,000 Hong Kong dollars, which has increased by 4 times compared to two years ago."

That's amazing!

At the beginning of 1977, when Cheung Kong Group auctioned the land in Tsim Sha Tsui East, it was only more than HK$2,000 per square foot; In two years, the land of Tsim Sha Tsui East has reached tens of thousands of Hong Kong dollars per square foot. According to Lin Zhichao's prediction, the land of Tsim Sha Tsui East will reach 16,000 square feet by the end of the year.

In three years, the increase has increased six or seven times, which is not an exaggeration.

In addition to the fact that Hong Kong's real estate has risen sharply every year, more people felt that Tsim Sha Tsui East was a barren place with zero business at the beginning; As a result, after a few plots of land were auctioned, everyone found that something was wrong, and the government planned to build this area into a commercial center, and all the plots would be auctioned off, so everyone would invest, and this area would soon prosper!

So since 1978, the land in Tsim Sha Tsui East has been speculated very high, and now it is almost reaching the ceiling.

Next, Lin Zhichao asked: "Cheung Kong Group currently has sufficient cash flow, how do you think it should be invested and developed?" ”

Lin Ruihuan suddenly thought about it, he knew that Cheung Kong Group had gradually 'faded' from the official land auction house since the second half of last year, and every time he went to the auction, it was just for show. This fully shows that my father felt that the price of land was too expensive, and he was waiting patiently, after all, this was a strategy of Changshi - the lower the land, the more it was absorbed; The higher the land, the more you will watch the show.

This is something that other companies have not learned, even Sun Hung Kai and Henderson, which have always insisted on absorbing and just controlling their debts. As for many other real estate companies, they completely like to chase when the land price is high, on the contrary, when the land price is low, they are afraid that it will fall to worthless, and they dare not make a move; Or when the land price is high, the bullet is short, and when the land price plummets, it is no longer able to buy the bottom.

In short, it's a real test in this area!

"Father, last year, Cheung Kong Group made a profit of 505 million Hong Kong dollars (more than 180 million yuan on the top of only two subway stations), setting a new record, and this year's property prices have risen sharply and are expected to continue to increase. At present, the cash flow on the accounts of Cheung Kong Group is around 700 million Hong Kong dollars, and it also holds 2.5 tons of gold spot and makes a profit of more than 20%. I wonder if Cheung Kong Group should buy those New Territories land and land exchange rights from Harbour Land. ”

Harbour Investment and Harbour Real Estate are their father's private investment companies, and their sons don't know the specific situation, and even their mother doesn't know much about it. However, his father told him about the land reserve in the hands of Victoria Harbour Real Estate, and the senior management of Cheung Kong knew about it.

After thinking about it, Lin Zhichao said: "That land is not in a hurry, I plan to let Cheung Kong Group sell the shares of Amazon commercial real estate to Global Group in the early eighties, and the funds returned are almost enough for the money of these lands." ”

Those securities, which are expected to be worth more than $1.2 billion by the early eighties. The 20% stake of Cheung Kong Group is worth about 250 million US dollars, while Lin Zhichao is about 2.2 million square feet of land, which is worth about 1.5 billion Hong Kong dollars.

Such a three-way transaction is actually a 1.5 billion Hong Kong dollar paid by the Global Group; With an investment of more than 200 million Hong Kong dollars, Cheung Kong Group has earned back 2.2 million square feet of land and land exchange rights.

From this point of view, although Cheung Kong Group is a listed company, Lin Zhichao has never treated it badly, and he is still treated as a son.

And these listed companies are the first layer of defense system of the Lin family, so Lin Zhichao will also develop them well. After all, listed companies can bring reputation and influence to the family, and at the same time divert the attention of the media, making Victoria Harbour Investment and family offices low-key.

Lin Ruihuan immediately said: "How about investing in the securities industry, you don't need to come up with too much, the scale of 200 million Hong Kong dollars is enough." March is coming, and this year's major companies must be beautiful financial reports, which can drive the rise of various companies. In addition, the development of the mainland has become the overall situation, and it is bound to be beneficial to the Hong Kong economy, after the market in 1977~1978, the confidence in the market has also recovered, so I think that the Hang Seng Index will be at least another 2~3 years, and the index can also recover to more than 1800 points."

At this time, the Hang Seng Index was 530 points, but this '530' index must be several times larger than the 530 points in 1972, and the market value of the blue-chip stocks involved.

Seeing that Lin Ruihuan could think of investing in securities, Lin Zhichao was satisfied after all. Hong Kong's listed companies, who do not invest in securities! As long as they have faith in Hong Kong, the richest people will invest in stocks.

"Okay, you are responsible for this matter, take out 300 million Hong Kong dollars, and buy promising stocks in 1 month."

Lin Ruihuan said happily: "Okay! At present, the monthly trading volume is more than 2 billion, and 300 million Hong Kong dollars can also drive the market. ”

Lin Zhichao said: "No matter what else, we hold it for a long time, and we won't cash out for a year or two. ”

After chatting for a while, Lin Ruihuan went to do things, he is now the acting 'general manager', Lin Zhichao delegated power, and Huang Changhong assisted him, in order to let him adapt to the position of general manager, and when he really became the general manager, there would be no problems, although Lin Zhichao was staring.

At the end of this year, Cheung Kong should sell its gold and make a non-recurring profit of more than HK$100 million, that is, double. Therefore, this year's profit of Cheung Kong may reach 600 million Hong Kong dollars, in fact, it is equivalent to more than 1.5 billion Hong Kong dollars of cash flow, stocks, etc., and the group's debt is still controlled at a level of about 600 million.

Maintaining sufficient cash flow was very important for Cheung Kong Group in the 80s.

In terms of investment, it is also necessary to invest in projects that appreciate quickly and can be sold at any time to avoid tying up funds for too long.

Located in the Minghui Garden mansion in Repulse Bay, Lin Zhichao organized a meeting with Zhao Yazhi and Lin Qingxia, as for Guan Jiahui, wait two more years. In front of this meeting, Lin Zhichao had already taken the 'preventive shot' with Zhao Yazhi and Lin Qingxia, so there was no Mars collision, and it may have been a little embarrassing at the beginning.

Lin Zhichao sat on the sofa, with the demeanor of an old man, and said to the two girls who were still standing: "Come here!" ”

Immediately, the two girls sat beside him, Zhao Yazhi was slightly shy and embarrassed, and Lin Qingxia warned Lin Zhichao with her eyes.

Lin Zhichao didn't care so much, the two women even gave birth to a son for him, how could there be any reason to run.

He directly hugged the two women with his left and right hands at the same time, and said domineeringly: "They are both old husbands and wives, and the sisters should have met a long time ago!" ”

Lin Qingxia immediately said: "Hmph, maybe someone doesn't have self-confidence, so he doesn't dare to do this." And then deliberately let us give birth to a child, and then make this plan, isn't it? ”

This woman, as if protesting, seems to be conniving, and has a hint of 'domineering'. This kind of domineering is not 'resisting Lin Zhichao', but her domineering hope to grasp the initiative.

On the contrary, Zhao Yazhi's momentum was a little weaker, and he didn't know what to do except for being slightly embarrassed. Of course, she has surrendered to Lin Zhichao, but when two women work together, she seems to be a little shy.

Lin Zhichao smiled: "I need to be so careful!" Before you are twenty years old, you may still think about rebelling against me, but after you are twenty years old, you will not rebel against me at all. Am I right, Qingxia? ”

A trace of discomfort flashed on Lin Qingxia's face, because this man was telling the truth, once she slept with this man, the woman would only fall deeper and deeper, and that was a kind of dependence that touched the depths of her heart. She went to the United States for two years, complained and scolded behind her back, but she never considered leaving.

"Stinky and proud! Sister Zhi, how did you meet? Lin Qingxia quickly took the initiative and became familiar with Zhao Yazhi.

Zhao Yazhi is also willing to be close to Lin Qingxia, she knows that only by uniting together can they win more time for this man.

"When I was working as a flight attendant at JAL, we met for the first time, and he lied to me that I could be a star, and he tricked me into being an assistant. And then it happened. Qingxia, how did you meet? ”

Lin Qingxia immediately said generously: "He, directly use the relationship to let our crew come to Hong Kong to promote, and he will take the opportunity to create a chance encounter." You know, how could a girl refuse his charm, so I was young and ignorant, so I got on his boat. ”

The two chatted about their respective stories with Lin Zhichao, and soon came to a conclusion.

Lin Qingxia said: "I understand, this man likes to be young, we both met him at the age of eighteen, and then he quickly got it." He loves to raise women! ”

Zhao Yazhi also said: "Yes! How good a woman she cultivates, and she won't cause him trouble, cause any big news, and be loyal to him."

After the two finished speaking, they both stared at Lin Zhichao seriously, meaning - you should tell me, is this the case?

Lin Zhi was sweating heavily, he had nothing to say, what the two girls said was true!

He was glad that he didn't let Guan Jiahui come today, but he just liked young people, what's wrong!

"Admittedly, what you say is true. But as you say, I am such an attractive man, what kind of girls are not around, why is it that there are only two of you women now except for the three wives I met in the late forties? ”

Lin Qingxia immediately said: "This is not simple, your three previous wives have also been with you for thirty years, maybe in appearance."

The latter words are not said, it is considered respect, she is just a lover after all, how dare she talk too much about her famous ex.

Lin Zhichao said: "Don't talk nonsense, although they are both fifty years old, they are still very beautiful. "There's no blame, it's just a matter of facts.

"And that kind of thing?" Lin Qingxia and Zhao Yazhi immediately said in surprise.

Lin Zhichao then said: "Don't you know the magical place, since you followed me, how much more beautiful you are, how much better your skin is, how much bigger is here, and even very few get sick!" ”

It's time to show off your true skills.

Lin Qingxia and Zhao Yazhi were dumbfounded, what this man kept saying was true, was that protein really useful?

Everyone still thought it was just this man's quirk. As the so-called love house and Wu, they are also used to that taste.

"We'll be pretty when we're fifty, right?"

"No problem, definitely twenty years younger."

Soon, the two women were coaxed by him.

Subsequently, Lin Zhichao gave full play to his ability to have a lot of money and hundreds of millions, and said: "I will give you a townhouse in Repulse Bay later, and you will not have to live in a mansion in the future, but a villa." ”

In recent years, Cheung Kong Group has strengthened the development of luxury villas, cooperated in the development of villas in Shouson Mountain, and also bought the Yu family's 'Yu Garden' in Repulse Bay, and pushed it to build townhouses later, and also auctioned high-end residential land near Heung Island Road in Repulse Bay on official land, and developed townhouses with swimming pools.

And what he is going to give away is the townhouse on Xiangdao Road, a total of eight units, divided into two rows (in fact, independent). These eight sets of Lin Zhichao have all been bought at market prices, and the four villas by the sea are just going to raise four women in the future; The four seats in the back, reserved for spare or rented.

Lin Qingxia said: "Although the villa is good, you haven't taken me out for a long time, can't you disguise yourself!" After saying that, he smiled playfully.

Lin Zhichao suddenly smiled bitterly: "This trick doesn't work anymore!" Now people can be recognized by wearing casual clothes, glasses, and changing their hairstyle. So, after shopping, you can go shopping by yourself, but there is no problem overseas, I will take you abroad for a while, right? ”

"Really?"

The two women were overjoyed, they knew that Lin Zhichao had a big career, so they didn't force it in this regard, but not forcing it doesn't mean that they don't want it.

"Really! What's wrong with that! ”

Lin Zhichao said unashamedly.

Coax a girl, even if he has money, he needs to enjoy this process.

In fact, if you are in Hong Kong, it is okay to accompany them to restaurants for dinner, clubs, etc. As long as you don't get photographed by reporters, even if you are seen and recognized, it's not a big problem, that rich man has no scandal!

(End of chapter)