Chapter 551 [Entering the United States]
Lin Ruicheng came to Shouchen Mountain Villa and pretended to visit his three sons, but in fact he tested Kwong Meiyun's attitude.
This time the matter was so 'troublesome', his first thought was that as long as there was no problem on Kwong Meiyun's side, there would be no problem. He also feels that what his parents said is very reasonable, as long as Kwong Meiyun is stabilized, it means that he and his three sons will have no problems, and there will be successors in the future, not to mention that he can continue to play if Kwong Meiyun is stabilized.
After having a 'parent-child activity' with his three sons, Lin Ruicheng pulled Kwong Meiyun upstairs.
"Meiyun, the property has risen a lot this year! For example, the price per square foot of Taikoo City and Whampoa Garden is more than 2,000. He eased the mood.
Last year, at his suggestion, Kwong Mei-wan purchased dozens of large housing estates in Hong Kong and Kowloon for investment purposes. This kind of investment is not about making a lot of money, in the words of my father, it is to make you a woman have a sense of accomplishment and patience with you.
The effect of giving money directly will certainly not have this effect of investing together.
Kuang Meiyun said 'oh', and then said: "It should be a villa of more than 20 million!" ”
Lin Ruicheng immediately understood that Kuang Meiyun meant that he gave Wang Zuxian a villa. As for the villa in Shouchen Mountain, it was not transferred to Kwong Meiyun's house, because this is Lin Ruicheng's residence, which is equivalent to his status in the family.
He immediately hugged Kuang Meiyun, and an overlord came to the bow and climbed up to Kuang Meiyun's vital point.
In the past, he once lost interest in Kwong Meiyun's body, but he didn't touch it for a few years, and with Kwong Meiyun's temperament improving, he became interested again; Of course, he regards Kwong Meiyun more as a mother of three children, and this kind of intimacy only happens occasionally.
"Don't, you haven't made it clear to you yet!"
"To or not to be?"
"I want to"
After the storm, the woman's temper was gone, and she lay in Lin Ruicheng's arms obediently.
As for Wang Zuxian's matter, Kwong Meiyun didn't mention it again!
She now has three children as a 'guarantee', especially the three children have been recognized by the Lin family tree, and even more recognized by their grandparents, even if it is Lin Ruicheng, they can't change this fact.
Therefore, she is now willing to accept the status quo, and just hopes that after Lin Ruicheng has had enough, this situation will end.
On the other hand, Wang Zuxian saw the words of the 'future mother-in-law' - as long as her son likes it, she immediately felt infinite motivation, thinking that she was already one step away from marrying into the Lin family.
As everyone knows, it is impossible for Lin Ruicheng to marry her at all, after all, it is not easy to 'liberate', how can he be restrained. So this is destined that Lin Ruicheng will keep changing girlfriends, but Kwong Meiyun still occupies an 'invincible position' with her three sons.
Because Lin Zhichao, a talker, pays the most attention to the heir, and Lin Ruicheng also understands this. Otherwise, after he broke up with Kwong Meiyun, his father took his mother to communicate with Kwong Meiyun in person, just because he was worried that the Lin family's heirs would be 'polluted'.
Victoria Harbour Investments, New York.
Willis, President of the Americas Division, reported to Lin Zhichao: "BOSS, we currently hold 4.9% of Citibank's shares, with an average stock price of $14.02 per share. ”
Lin Zhichao asked curiously: "The cost is so high?" ”
If it weren't for Willis having been with him for more than ten years, Lin Zhichao would have been worried about whether the American team he led would be capable and loyal enough. But Lin Zhichao has always trusted the people around him, including the family's bodyguards and servants.
It's not that he has no brainless trust, no scheming or anything like that, but there are two reasons: first, Lin Zhichao will give favors to everyone around him, not only financially, but also caringly; Second, Lin Zhichao has discovered over the years that he has a unique charm that can make people work for him with all their hearts, so there are too many old employees around him.
Of course, in terms of family security, there are still special reviews, training, psychological counseling, etc.
Willis nodded and said, "Yes, we found out that there is another force that is buying Citibank's shares, so Citibank's stock price should have fallen, but now it has not fallen." According to our understanding, it was found that this force was a Saudi company, and its owner was Prince Waleed. ”
Lin Zhichao suddenly realized that it was him, the little friend he had just made.
The Victoria Harbour Investment in absorbing Citibank's shares is contrary to Lin Zhichao's usual - buying a stock never exceeds 2%, and adopts an offshore and decentralized approach; The purchase of Citibank's shares this time is a generous acquisition by Harbour Investment, with a target of no more than 5%.
The reasons are very simple: first, this investment is an open and honest investment by Harbour Investment, and I want to tell Citibank a message that I am interested in investing in you; Second, no more than 4.9%, which is the upper limit of the shareholding ratio that is not required to be disclosed under U.S. law, and more than 5% is required to be disclosed.
Although there is no need to announce, as long as you go to the major securities brokers to investigate, it can generally be found, without processing.
"Okay, then no problem!"
Willis nodded, and then asked curiously: "BOSS, although Citibank's stock price has stabilized, according to the current situation of Bank of America, Citibank's stock price is afraid that next year's stock price will continue to fall, and I have even got a more credible news - Citibank's financial situation is not ideal." ”
This year, hundreds of financial institutions in the United States have failed, and many large banks have not been spared, reaching the point of bankruptcy.
Lin Zhichao said: "This is just the situation for this period of time, and after that, I believe that Bank of America will recover by improving its operation and the general environment." In the later stage, there will even be mergers and acquisitions and integration to achieve better results. Don't look at the top 10 banks in the world this year, none of the US banks made the list, but I believe in the future of the US economy. ”
Seven of the world's top 10 banks this year are Japanese banks, and the United States is not on the list. At the beginning of this wave, Bank of America began to merge and reorganize, and soon large banks appeared.
Willis nodded, he admired Lin Zhichao's investment methods very much, and he was a real 'stock god'. Of course, this stock god is very low-key and rarely well-known on Wall Street.
"Now we've signaled that Harbour Investments are interested in investing in Citibank, and if they issue preferred stock, they will definitely contact us," Willis said. ”
Lin Zhichao said: "I know! ”
After Willis left the office, Lin Zhichao thought about it.
Although Harbour Investment is sitting on assets of more than 40 billion US dollars, he is still not satisfied and continues to invest to make money.
Of course, in order to keep a low profile, when he plans to invest in American technology companies in the future, he will use the investment bank under Hengfeng Bank. In this way, the family office, Harbour Investment, and Hengfeng Bank have become the second trump card of the Lin family.
The first trump card, nine group companies with seven sons and two daughters in charge.
The second trump card, the three major financial companies mastered by Lin Zhichao.
And every trump card can actually be many trump cards, and it is impossible for anyone or country to break the game arranged by Lin Zhichao. Of course, the rise and fall of a family generally begins to decline from within, and if Lin Zhichao's family wants to decline, I am afraid that it will only be so when the family cohesion is insufficient.
Citibank Headquarters.
In the conference room, Chairman John Reid said to everyone: "The Federal Reserve of the United States is urging us to increase our capital reserves, and we need to invest more than a billion dollars. Let's talk about whether there is a suitable object. ”
Everyone was silent, because at this time Citibank was regarded as a plague god by investors, for fear that it would go bankrupt, so everyone avoided it. Because of this, if you issue shares to the public, you will only fail.
President Santos thought about it and said: "Recently, Citibank's stock is not normal, a bit of a contrarian situation, we have to investigate whether there are investors who are buying big." If so, then he must want to invest in us, and if he is a well-known investor, we can take advantage of the opportunity to get free advertising. ”
A senior executive then chimed in: "Indeed, there seem to be two forces in the market that are buying our Citibank shares, and it seems that we are not without investors, but we do not have a leading investor." ”
Everyone nodded, at this time, Citibank's market value was only more than $4 billion, and Citibank needed to issue more than a billion dollars worth of preferred shares (which can be exchanged for common shares, but the price will be agreed at a higher price). Naturally, it is impossible to issue such a large number of preferred shares to a single person to avoid being forcibly acquired; However, there is a shortage of a leading investor.
At this time, a senior executive also said: "The Kuwait Development Authority is interested in investing in Citibank, but they are now unable to protect themselves (Iraq's invasion), and I am afraid that this matter is full of unknowns." ”
John Reed said, "It can be used as an alternative! Let's find out who is buying our shares in a big way from the market to see if we can add more investors. ”
The other side.
On behalf of Cheung Kong Group, Lin Ruihuan is in the process of signing an acquisition agreement with Morris, the president of the American Southern Company.
The two of them happily signed their names, and then stretched out their hands to hold them, and some staff members immediately took pictures to record.
"Mr. Lin, thanks to your investment, Southern Company finally doesn't have to go bankrupt!" Morris said seriously.
It is indeed a bit unusual for a subsidiary to buy the parent company, but now it is the best result - 7-Eleven in Hong Kong injected funds to buy 73% of the shares of the Southern Company to avoid the bankruptcy of the Southern Company.
Lin Ruihuan said: "The 7-11 convenience store brand of Southern Company is very cherished by us, so this acquisition is a favorable situation for both parties. ”
The two sides have been talking about this acquisition for more than a year!
Nanfang failed to diversify in 1987 and has been in dire condition since then, and last year Cheung Kong's 7-Eleven convenience store stepped in, and negotiations have been going on for the acquisition of the mother.
Finally, when the Southern Company was about to go bankrupt, 7-Eleven in Hong Kong took a 73% stake in it. According to the agreement:
1. Hong Kong 7-Eleven Convenience Store shall appoint two directors, and the head office shall have the right to appoint any personnel appointment (absolute equity) of the American Southern Company;
2. After receiving funds, China Southern will gradually clean up other businesses (diversified and failed businesses), focusing on the development of 7-Eleven convenience stores in the United States;
3. 7-Eleven will build two headquarters in the United States and Hong Kong, one in charge of European and American business, and the other in charge of Asian business.
In short, after the completion of this acquisition, Cheung Kong Group's retail industry will develop by leaps and bounds.
In fact, the acquisition was originally an invitation to Nissin to join, but Momofuku Ando was too old to do so; In this way, Cheung Kong Group quickly established a 'first-class subsidiary' - 7~11 convenience stores (Hong Kong).
not only acquired the American Southern Company, but also ate 50% of the shares of Nissin Company in Lin Zhichao's personal hands.
In other words, Cheung Kong Group already has a potential 'retail group', which had 70,000 7-Eleven convenience stores in its previous life. In fact, at present, 7-11 convenience stores in Hong Kong, Macao, Taiwan, Singapore, the United States, and Japan are already the largest in 'convenience store share'.
7-Eleven (Hong Kong) has already formed a sound management team and system, so it is full of confidence in the development of global business.
Over the years, the 7-11 convenience store brand has also been improved under the guidance of Lin Zhichao himself.
If it weren't for the failure of diversification in the American South, there would be no problems at all.
A few days later.
The news of the acquisition of the Southern Company by 7-Eleven Convenience Store, a subsidiary of Cheung Kong Group, has caused a great sensation in the United States. 7-Eleven (Hong Kong), which is only a franchise in a region, is now buying the Southern Company of the United States.
Of course, the American media also pointed out that 7-Eleven (Hong Kong) is a subsidiary of Cheung Kong Group, a large Hong Kong conglomerate, so it is not surprising.
Cheung Kong Group has enjoyed great influence in the world, and its overseas performance also has the record of Japan, the United Kingdom and Singapore; Not to mention, Hutchison Whampoa, a subsidiary of Cheung Kong Group, has also been seeking worldwide development in recent years.
Some American media described: "Over the years, consortiums from Hong Kong have often sat on international flights and made acquisitions all over the world, and they are very generous, and the most representative of them is, of course, Hong Kong's first chaebol - the Lin Zhichao family." ”
Soon after Lin Zhichao returned to Hong Kong, Lin Ruihuan also returned triumphantly, of course, the acquisition of a company on the verge of bankruptcy is not a great achievement, and it should not have received so much attention.
However, Cheung Kong Group has a certain influence in the world, and it is the No. 1 local consortium in Hong Kong, so it has attracted much attention.
In the office of Cheung Kong Group, Lin Ruihuan said confidently: "Father, I think the development prospects of 7-Eleven convenience stores are very high. Of course, some strategies need to change, especially in the U.S. business. ”
Lin Zhichao nodded and said, "Tell me about it!" ”
Lin Ruihuan is also a long-term shopping mall for 21 years, a skill, he said seriously: "7-Eleven convenience stores in the United States have not played a good role in regional synergies, I think 7-11 companies should follow a major location strategy is to open new branches in the target area, in order to form or improve their distribution density, such as a county in Japan or a county in the United States, at least two or more stores should be maintained, and 7-Eleven convenience stores in the United States are generally not concentrated, so we should close some non-concentrated 7-Eleven convenience stores in the United States, At the same time, the important location strategy of establishing new stores, mainly in areas where chain stores already have a high distribution density, will benefit the company a lot from the integration of warehousing and transportation."
After listening, Lin Zhichao said with satisfaction: "What you said is very reasonable! When we first entered 7-Eleven, we conducted research for a long time on the fit between competitive strategy and supply chain location, transportation, inventory and information strategy. Even at 7-Eleven convenience stores in Japan, we have accumulated a lot of experience from them. ”
His own reputation as the 'God of Management' does not depend entirely on those memories that have been traversed, but that Lin Zhichao has not done a thing, he will learn from the experience, experience and hearing of his previous life, and then work hard to study and study, and finally have his own systematic management method.
Although he is not a real god, Lin Zhichao is indeed an expert in many fields, so he has made a good example in the enterprise.
Next, Lin Zhichao asked, "How are things going in the shopping mall?" ”
Cheung Kong Group has a large amount of cash flow, and the annual dividend is also relatively 'stingy', keeping money to invest in good assets, after all, this era is the best era to make money, and it will not be possible in another 30 years.
"We have reached an initial cooperation with a trust company to take over three shopping malls from them and continue to operate them by transforming them into 'Raffles City Malls'," Lin Ruihuan explained in detail.
Raffles City Shopping Center has become a 'resounding business card' of Cheung Kong Asset Group, and currently has a total of 5 Raffles City Shopping Malls in Hong Kong, Singapore and Japan; In particular, two of the three Raffles City Plazas in Japan have been opened, both of which have been very successful.
Therefore, Lin Zhichao's idea is to acquire shopping malls in the United States, renovate them, and then operate them as 'Raffles City Shopping Center'. This way, it takes a short time and does not need years to open a business.
As for whether 'Raffles City' can succeed in the United States, Lin Zhichao is not worried about this, boutique is always boutique, Cheung Kong Asset Group has more than 30 years of development history in the field of 'shopping mall'.
After listening to the report, Lin Zhichao said: "Well, I believe there is no problem in gaining a foothold in the field of shopping centers in the United States through transformation. ”
Lin Ruihuan nodded and said, "Yes. At the same time, we have also carried out in-depth development of the surrounding land of the shopping mall to maximize profits."
Shopping malls in the United States, unlike shopping malls in Asia, are mostly not located in the city center. Shopping malls in Asia are 'lots of lots', while shopping malls in the United States are a kind of 'convergence effect' that brings people around them together in the mall. The reason for this is probably that Americans like to live in the suburbs, and the percentage of car owners is very high.
Lin Ruihuan's 'deep development' is to develop the land around the 'shopping mall', which can increase new profit points.
"Okay, overall there is no problem, you do it boldly." Lin Zhichao encouraged.
"Yes, Father!" Lin Ruihuan said steadily.
Lin Zhichao continued: "The situation of office buildings and hotels in California is very poor, and it is expected to fall next year, and the whole situation is similar to that in the early thirties. Therefore, in addition to the investment in shopping malls, other commercial real estate will wait another year. ”
Since the trough in 1989, apparently only two years have passed, Lin Zhichao according to the situation, believes that commercial real estate in 1992 ~ 1993 may be more reasonable.
In addition to his investigation and analysis, Lin Zhichao also came out of the trough in the U.S. banking industry in his previous life from 1994, and conducted an information analysis of the glorious five years (bank stocks rose sharply), and this wave of U.S. real estate trough is almost the same.
In this way, Lin Ruihuan can make better investments according to this general situation analysis.
"I made a note of it, and I must invest steadily!"
After Lin Ruihuan left, Lin Zhichao smiled.
Who said that it was basically not smooth for the Hong Kong consortium to enter the overseas market, in the previous life, even the Li family Chengdu only had achievements in the late 90s, and the early oil and telecommunications losses were many years.
Today, Lin Zhichao has achieved brilliant results in overseas investment - the performance of Japan and Singapore; Next, it is to achieve good results in the United Kingdom, the United States, Canada and Australia.
Especially in the United States, there was no place for the Li family to 'conquer' in Chengdu in the previous life, and now it is time for Lin Zhichao to conquer.
This year, Husky acquired a large number of natural gas resources in the United States and made a lot of money;
Acquired the Southern Company and successfully entered the retail industry in the United States;
Acquired three shopping malls in the U.S. and began to break into the retail business in the U.S.
For Lin Zhichao, the U.S. stock market finance is his ATM, but if he wants to run an industry in the United States, he hasn't achieved much yet, so he needs to prove himself.
Especially in the retail business, whether it can succeed or not is very crucial next. For this reason, Lin Zhichao must also personally go into battle to provide his own views and opinions. (End of chapter)