The birth of the Hong Kong Island family

The next day.

After taking care of the three wives, no one can pick on Lin Zhichao anymore.

Lin Zhichao also took Audrey Hepburn to visit Hong Kong. She was actually no stranger to Hong Kong, but Hong Kong changed too fast. Therefore, every time she came to Hong Kong, Audrey Hepburn would visit Hong Kong carefully. Except for Lin Zhichao accompanying her, the two A sister will also be very kind to her.

"Audrey, how is Wal-Mart's stock going?" Lin Zhichao asked casually while shopping.

Audrey dressed up a little today, so it would be difficult for ordinary people to recognize her. After all, she has been retired for many years (18 years) and is no longer a star.

"It has more than doubled, and the market value of the stocks we own is already 6 million (accounting for 4% of the shares)!"

Lin Zhichao nodded with satisfaction. Wal-Mart's market value when it went public this year was only over 50 million US dollars, but it will soar 4,900 times in the next 40 years, and 8,000 times in the next 50 years. Therefore, Lin Zhichao, who has always been concerned about the U.S. stock market, asked Audrey Hepburn to absorb shares of Wal-Mart.

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

"If the situation allows, for example, if there are many scattered stocks, you can increase your holdings in the long term. For example, in three years, you can increase your holdings to about 8%. You can do it according to the situation!"

Audrey Hepburn had no doubts about Lin Zhichao's abilities and said, "No problem! The US stock market value held by Audrey's investment has reached 350 million U.S. dollars. My dear, you are so kind to our two sons!"

Lin Zhichao said: "I'm just being nice to you! You know, if you abandon me, all the wealth will be yours!"

Audrey Hepburn immediately held Lin Zhichao's arm tightly and said: "A woman has given her most precious 20 years to a man. There is no reason to choose. What's more, if I do that, my two sons will not forgive me. .”

Lin Zhichao laughed and said: "I'm kidding you, I never doubt my charm!"

"That's true!"

The two of them were very relaxed on the road, and the security guards followed them from a distance so as not to disturb them. People on the streets in Hong Kong are in a hurry, and they don't know who the two are. They occasionally cast curious glances, thinking that the Chinese are hooking up with foreign girls and showing off their power.

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

In this era, the heads of Chinese-owned real estate companies have a lot of connections, because it is an era where heroes are emerging. Even Cheung Kong Group supplies only 5% to 6% of residential units every year.

In the previous life, the new generation of rich people 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 their share was as high as 60~70% at one time. In this case, even the four major families will have a 'vicious competition' and a 'war between two Lis' will break out.

In this era, there are too many rich people in Hong Kong. After all, from 1972 to 1973, hundreds of real estate companies were to be listed, and 40 or 50 of them raised more than 30 million yuan. This shows that wealth is still relatively scattered.

At this time, the real estate market in Hong Kong is definitely worth hundreds of billions (all commercial and residential buildings). A 900-square-foot house in Hong Kong and Kowloon has cost 200,000 to 300,000 Hong Kong dollars. Ordinary people cannot afford it. A 400-500 square foot house in the New Territories Residential properties can be purchased in installments if you bite the bullet.

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

Prior to this, we had already negotiated with Hu Yingxiang of Hopewell Real Estate and exchanged new shares worth approximately HK$20 million.

Guo Desheng then asked: "How much is Lin Sheng prepared to exchange?"

Lin Zhichao said: "It is about 300,000 shares of Cheung Kong Holdings 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 resulted in the share price being too large. It is now over 70 Hong Kong dollars per share. The consequence of this is that the stock price is not easy to be active and the growth rate is slow.

Cheung Kong was listed earlier than Hopewell, in June and 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 favored stock by investors, no less than Real Estate. The reason is that Cheung Kong Group has a wide range of businesses and a healthier structure.

Guo Desheng said: "No problem! Changshi's stocks are good stocks, and the share exchange is beneficial to both parties."

He didn't think about it for long before he agreed. Speaking of which, Lin Zhichao was also kind to him. When he gave him the zipper as an agent, he earned hundreds of thousands of Hong Kong dollars a year. With these stable incomes, he transferred the profits to real estate, and the profits grew bigger and bigger.

What's more, exchanging shares with Cheung Kong Group will help increase Sun Hung Kai's influence.

Seeing that both of them agreed, Feng Jingxi said: "Exchanging shares is a good thing. Directly issuing new shares to shareholders, the first is that the steps are cumbersome, and the second is that the price is dead; exchanging new shares is equivalent to both companies holding rising stocks. As long as you find the right opportunity to cash out, you can earn huge profits and develop real estate. The fact that Cheung Kong Group has exchanged new shares with Hopewell has already shown that this model will be a trend."

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

Feng Jingxi smiled and said: "Lin Sheng's accomplishments in finance, I am a fool in front of you!"

Lin Zhichao said cheerfully: "Haha, don't be humble, how can a businessman be compared with a professional! Speaking of which, Changshi Group also 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 secondary or tertiary listing status. To put it bluntly, it means to take out a part of the new shares and sell them to overseas investors. Cheung Kong Group must go all out to increase its financial strength, develop Raffles City (Hong Kong), and strengthen other investments.

Therefore, Lin Zhichao’s idea is to strive for listing in London and Canada. At worst, he can take advantage of the downturn in the stock market and then privatize it.

"Okay, I will introduce channels for this to Mr. Lin later."

"Thank you very much!"

"Mr. Lin, you're welcome. With your influence, if you tell the truth, they will help you go public."

"Haha, with ready-made friends to help, I naturally want to save some energy."

There is no need to avoid suspicion when discussing these things. We are all friends and there is no confidentiality.

In previous lives, companies such as Sun Hung Kai and Cheung Kong Holdings went all out and issued new shares crazily. In just one year, they issued new shares more than a dozen times to raise funds for real estate development.

Otherwise, how could we distance ourselves from everyone?

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

In fact, the share of listed companies held by the four major families in the previous life was basically only about 49%.

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

Cheung Kong Holdings.

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

"Chairman"

Lin Zhichao raised his head and then said: "Well, I asked you to come here because I want to tell you that the land 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 owner. Project manager, you need to communicate with a few more uncles."

Lin Ruihuan nodded calmly and said, "No problem. It's just that this land is still owned by Victoria Harbor Real Estate. You have to buy it with money first."

Lin Zhichao said: "We will discuss the purchase early next year. The first is that we have just purchased 1.23 million square feet of land, and the second is that Cheung Kong Group is raising funds. Therefore, plan first and come up with a plan first! The overall plan is early It has already come out, but how to build a first-class shopping mall, you have to work hard and make good use of the limited land. At the same time, you have to consider the office buildings to be built on both sides."

In fact, Lin Zhichao preferred to build the Landmark Plaza of the 1980s in his previous life, but he did not say it in advance. He needs his son to come up with a plan, compare it with his own plan, and finally combine or choose.

This piece of land has more than 40,000 square feet, which is slightly larger than the Landmark in its previous life.

In the previous life, the Landmark Plaza only had more than 20,000 square feet, with a total of 5 floors. Two of the floors were basements, which was a shopping mall of more than 100,000 square feet. Including the basement, it was opened into boutiques and restaurants of different styles. . Various performances, exhibitions, and music events can be held in the center of the square. There are coffee galleries and teahouses around it, and the upper cover is covered with light-transmitting fiberglass.

Therefore, this Raffles City mall can build a shopping mall of about 200,000 square feet, with three floors above ground and two floors below ground, all with shops. As for garages, the former Navy Yard site has the greatest shortage of garages, and there are many parking places nearby.

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

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

"How is Rui Huan doing?"

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

Now we arrange for him to do projects to train his practical operation ability.

Huang Changhong said with a smile: "Tiger father has no dog son, boss, don't worry, Rui Huan may not be as capable as you back then, but he is far superior to the rest of us."

Of course he wouldn't say that if you had the skills you had as a boss, that would be flattering. The boss is the god of management, a god, and the boss's son is a genius at best.

Lin Zhichao nodded and said: "I don't want him to develop the company in the future, I just hope he can defend the country I have built. Therefore, what I need is that he is calm enough."

Huang Changhong said seriously: "I can definitely guarantee that Rui Huan can do the job."

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

Lin Zhichao made some calculations and issued new shares worth 100 million Hong Kong dollars in exchange for new shares of other companies. It is estimated that he can eventually cash out 200 million to 300 million Hong Kong dollars. The profit in the first fiscal year is estimated to be HK$120 million. Coupled with the London listing and other channels to raise funds, the Yangtze River Industrial Group's cash flow will be sufficient.

Although the oil crisis in Hong Kong later caused real estate to fall by about 30%, it actually ensured that real estate profits would not fall. In fact, the oil crisis did not have a great impact on Hong Kong's economy. As for the stock market crash, it was entirely due to overheated speculation.

The reason why Lin Zhichao makes these calculations is naturally that he wants Yangtze River Industries to maintain sufficient competitiveness and develop rapidly in the future. However, he will not let the Yangtze River Industrial Group directly speculate in stocks and gold because he wants to keep a low profile.

In early October, Uniqlo clothing company officially prepared 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 HK$17.5 million. It is obvious that the Uniqlo clothing company in this life is much stronger.

Whether we are developing the crocodile shirt brand, production factories, or real estate assets, they are all developing better than in the previous life; moreover, we have also added assets such as the Uniqlo brand, the traveler's trolley brand, and the agency for three European and American first-line clothing products; even if it is the right time, The control is better.

This comparison fully illustrates one thing - that is, Lin Zhichao's leadership ability is much better than that of the Chen Shun family.

Conference room in the Crocodile Shirt Building.

Lin Zhichao was holding a management meeting. He gave up the position of general manager to Zhao Mingyi and only served as chairman of the board of directors of Uniqlo Clothing Company.

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

"This time UNIQLO 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, has just begun. From the beginning, as the economy becomes more developed, people's desire to pursue beauty is increasing, and they will no longer satisfy a single clothing taste. Our UNIQLO brand was the first to sell casual clothing in Hong Kong, and its success is the best proof. "

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

Zhao Mingyi said: "The chairman's analysis is very correct. We cannot relax at all. Going public is not the peak, it is just the beginning. Crocodile shirts can develop in an all-round way in Asia, UNIQLO can also add branches in Hong Kong, and UNIQLO factories can also pursue more Mid- to high-end clothing orders”

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

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

These veteran ministers just serve as tutors for Lin Zhichao's children. As for the second generation of ministers, they have already been trained and can be recruited from outside to continue their training.

After the chairman and general manager took turns to speak, senior executives continued to express their opinions, 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 company. I have information on some properties here, including shops, industrial buildings, etc. You can find a third party later. Audit and then purchase these properties.”

Victoria Harbor Real Estate has too many shops, which are estimated to be worth about 80 million. It must be said that the first floor and basement of the seven buildings on one side of Paterson Street are all owned by Victoria Harbor Real Estate, as well as Tan Kung Building in Causeway Bay and Hope The first floor of Yun Street and so on. This is because in the early days of Cheung Kong Holdings, most of the first floor and underground floors were left intact, especially in retail areas such as Causeway Bay and Tsim Sha Tsui. These shops can generate profits of 7 to 8 million for Victoria Harbor Real Estate every year.

As for factory buildings, Lam Chi-chao'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 that were bought at the bottom in 1967, including the Qi Oi Building, which was once a plastic flower competitor.

Uniqlo's senior executives looked at the information sent by Lin Zhichao. These properties include an industrial building and dozens of shops, with a total value of about HK$50 million.

The funds that Uniqlo can currently use are less than 50 million Hong Kong dollars, which has almost emptied its cash flow.

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

"Boss, the estimated value of these properties is HK$50 million. We need a loan of HK$10 million to be safe," Zhao Mingyi said.

Having said that, every senior executive had surprise and desire in their eyes.

Lin Zhichao smiled and said: "By buying these property assets, UNIQLO has actually become a comprehensive enterprise of clothing and real estate. Of course, real estate is only an investment, not the main business. But in any case, with such rich assets, the stock price will definitely rise in the future. There will be more big gains, so it’s best to issue new shares to raise funds and reduce loans.”

His businesses have low debt and high cash flow. Of course, the stock market is booming now, so we don’t have to worry about funding sources.

Zhao Mingyi immediately said: "What the boss said makes sense. This way the company can take over these properties without any pressure."

At this time, Uniqlo is about to be launched, and registration has been completed, waiting for the official launch. Executives also get the opportunity to buy stocks at low prices and wait for the stock to appreciate in value. The boss said that the stock must double before it can be sold.

After all, Uniqlo can be regarded as clothing + real estate. If it does not double, it will be a complete joke; in fact, at its peak in 1973, there was no problem with a market value of HK$4.5 billion.

Two days later, Uniqlo officially went public, and its market value soared 35% that day, making it the subject of market attention.

Many people discovered that this company is Lin Zhichao's third company listed this year (Cheung Kong, Golden Harvest, Uniqlo), and they all lamented the popularity of the stock market and Lin Zhichao's huge strength.

Within the market.

"Uniqlo clothing company is definitely a good stock with huge potential in the future!"

"why would you say so?"

"Because his boss is Lin Zhichao!"

"Yes, if you say that, then there is definitely nothing wrong with buying Uniqlo!"

For a time, Uniqlo also became a popular stock in the market.

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