The birth of the Hong Kong Island family
Chapter 402 [A wave in the waves]
Miramar Hotel.
Lin Zhichao was gathering with Zheng Yutong, He Shanheng, Yang Zhiyun, Guo Desheng and others. The New World Center was about to start construction, so everyone gathered together as shareholders of New World Development.
Zheng Yutong's business is based on Chow Tai Fook Enterprises as the parent company, controlling more than 30% of New World Development and 75% of Kai Tak Real Estate. Zheng Yutong does not fully control Chow Tai Fook Enterprises. His father-in-law, mother-in-law, and some old employees still hold certain equity shares.
"New World Center and Raffles City have started construction one after another, which makes our Chinese capital feel proud, while British capital should also feel depressed!" Zheng Yutong's Maitreya-like smile contains the courage of a shark.
"Comparing British capital and Chinese capital, the stock market in the past two years was a watershed. Chinese real estate properties were listed one after another, and it suddenly expanded. It's incredible to think about it now." He Shanheng also said.
Everyone discussed the status of British capital and Chinese capital and expressed their opinions.
Yang Zhiyun here has lagged far behind. Because there is no Miramar Hotel, his career has dropped by more than half; but his King Fook Jewelry is one of the three major jewelers in Hong Kong, second only to Chow Tai Fook and Chow Tai Sang; at the same time, Yang Zhiyun is also When it comes to investing in real estate, I have worked with Zheng Yutong many times before.
Yang Zhiyun said: "Actually, the real watershed started when Cheung Kong defeated Land and won the Central Land King. At that time, we Chinese investors understood that British investors were no longer so invincible."
Everyone's eyes lit up and they all felt that it made sense.
Lin Zhichao smiled and said: "We Chinese value unity, so I think the wave of Chinese companies going public in 1972 is the main reason for changing the situation! As a banker, Mr. Shan's analysis is correct."
Everyone nodded, this was indeed undeniable.
Zheng Yutong continued: "Lin Sheng, is the Shangri-La Hotel in Central going to open this year?"
In the past few years, he has frequently consulted Lin Zhichao about hotels and often visited the Miramar Hotel. This is because New World Center has two five-star hotel plans.
Lin Zhichao nodded and said: "It will probably be June or July. The specific period has not been finalized yet. Then everyone will come to enjoy the show and have fun together!"
Zheng Yutong immediately said: "This is natural. You are a Chinese-owned hotel tycoon, and the Hikari family has come from behind. I heard that the Shangri-La Hotel in Singapore is now the most profitable hotel in the area and is developing very well!"
Lin Zhichao said: "Singapore's Shangri-La Hotel still suffered losses in its first year. Do you dare to believe it? When I heard the first year's financial report, I couldn't believe it."
Zheng Yutong said: "What is the reason? Have you found out?"
Lin Zhichao said: "It may be due to the lack of influence and the lack of foreign investors in Singapore at the time, but the profits soared a lot in the second year, and it became the most profitable hotel in Singapore in the third year."
Today, the Shangri-La Hotel in Singapore still only has the modern wing, but the garden wing will also be operational in the second half of this year. At the same time, Shangri-La Hotels Group currently holds 60% of the shares of Shangri-La Hotel in Singapore. On the contrary, the Singapore Development Board only holds 25% and the public shares are only 15%.
Zheng Yutong showed an envious expression. He also likes to invest in big projects, but the New World Center only started construction in a few years.
"That's not right!"
"Sir, what's wrong?"
He Shanheng said with a smile: "The Lin Sheng family should have a big happy event this year, right?"
Everyone laughed!
Lin Zhichao said with a smile: "When the Shangri-La Hotel opens, it will be my big day. I will treat everyone to a drink then."
When his son gets married, even if he doesn't invite, many people will take the initiative to attend, and many overseas guests will come. Therefore, it is unrealistic to keep a low profile, and it will inevitably cause uproar in the city.
After the party, Lin Zhichao was a little drunk and was about to go home.
"Chairman"
Lin Zhichao turned around and saw that it was Yu Huafang. He said, "Why are you still working overtime? Are you very busy at work?"
Yu Huafang said quickly: "No, I happened to be working the late shift today, and a colleague asked for leave."
Lin Zhichao nodded and planned to continue home.
Seeing that Lin Zhichao was about to leave, Yu Huafang said quickly: "Chairman, I see that you are a little drunk. Would you like to go to your suite to have a cup of tea before leaving? It's cold outside and it's easy to catch a cold if the cold wind blows."
Lin Zhichao turned around again and saw Yu Huafang's appearance. He thought that his niece might have something to ask of him, so he was ready to agree.
"Okay, let's have a cup of tea and go home!"
After saying that, Lin Zhichao walked upstairs.
Not long after arriving in his suite, the bodyguard let someone in, it was Yu Huafang.
She quickly made tea for Lin Zhichao, under Lin Zhichao's command.
"Uncle Lin, the tea is ready!"
After making tea, she stood in front of Lin Zhichao, respectfully.
Lin Zhichao nodded, crossed his legs, and looked at Yu Huafang. The peach blossom eyes and pouty mouth are really obvious, but the temperament is somewhat different from the previous life. In the previous life, she was gorgeous, but in this life, she is charming. Different family environments have different temperaments. In this life, she is still a rich girl.
"I can only help you so much. After all, I only have friendship with your father, not your second brother. The reason why I helped you last time was because I saw that your brother Huanren is also a talented person and can help you." Your father can help the company."
The implication is, don't expect to use your shares to suppress Yu Chengwan. This is impossible. Although Wu Bing has been trying to please Wu Wenying over the years, this is obviously premeditated, and Lin Zhichao's help to the Yu family is even greater.
Although Yu Huanren was the general manager at this time, he did not hold any equity in Wancheng Development. At most, he could only get a salary and hold a certain amount of power. But at the same time, Changjiang Industrial Group also sent two directors to supervise Wancheng Development not to make mistakes again.
In fact, when the stock market booms in the future, Lin Zhichao will also be ready to cash out. Originally, this company was an invitation from a friend, not Lin Zhichao's intention to make money; but since he invested 14 million Hong Kong dollars, he would have to make several times the profit before selling it in the future.
"Uncle Lin, I don't mean anything. I just want to thank you for arranging for me to work at Miramar Hotel. Vice President Lin also takes good care of me."
Lin Zhichao nodded slightly, then picked up the tea cup and drank tea. He came up just to make it clear and not to keep thinking that he would help the second room.
If Yu Huanren can achieve results and he has equity, he will naturally let Yu Chengwan consider the real successor. All this is just a matter of convenience and for the consideration of the Yu family.
"Then do you have anything else to do?" Lin Zhichao asked.
Yu Huafang looked up at Lin Zhichao and said boldly: "Uncle Lin, how about I give you a massage?"
Lin Zhichao suddenly became angry and alert, and then said: "No need! There are differences between men and women, and you are not a professional!"
Yu Huafang took a step forward and said again: "Uncle Lin, you have been someone I have admired since childhood, and I want to follow you!"
Lin Zhichao frowned, not that he was surprised to encounter such a confession. To be honest, it was already common for him to encounter many girls approaching him. Of course, Lin Zhichao also rejected almost all of them. In his previous life, there were only a few beauties from Japan. What caught his eye was not that the Japanese beauties were pretty, but that Lin Zhichao felt that he didn't have to worry too much about her.
Therefore, regardless of whether Yu Huafang is his junior or not, even if she is a beautiful girl with whom he has no connection, he will not get involved with her for nothing.
"You have to make a clear distinction between emotional matters. We cannot have feelings between men and women. I have watched you grow up, so don't mention it again in the future. I will pretend that what happened tonight did not happen. You must know that I Being able to come up and invite you to make tea for me is because of our fate. If we have anything to talk about in the future, I will help you if I can!"
Yu Huafang blushed immediately, she was rejected.
But she still heard what Lin Zhichao said, so she said: "I also want to join Wancheng Development!"
Lin Zhichao saw ambition in this girl's eyes, and he said: "In that case, you should talk to your brother and start working on it. As long as you have the ability, Wan Cheng's development will naturally need you."
Yu Huafang said: "Thank you Uncle Lin for your guidance!"
Lin Zhichao smiled and said: "That's right! If you think why women can't fight for power, I won't be so rigid. It's not my company anyway. Wan Cheng Development has suffered a lot of losses due to your two brothers. Now your brother has the best hope, but he doesn’t seem to have much ability. If you join, you might be able to take charge of the family in the future based on your ability. But in all of this, I won’t help you directly, you can only rely on your true ability.”
Since he came to the door, he came up with an idea. As for the shares in his hands, sooner or later he will have to cash out while the price is high.
Yu Chengwan's family was not guaranteed. He lost a lot of money last time and affected the shareholders. Lin Zhichao was also a little unhappy. We are all friends, but we are secretly trading stocks without telling the shareholders.
He originally didn't want to favor the second room, but in the end he had to help the second room.
Yu Huafang immediately understood that as long as she let her brother arrange for her to join the company, she would have great hopes in the future.
As for Uncle Lin not liking him, maybe he is just not good enough and there will be opportunities in the future.
Thinking of this, she said happily: "Thank you, Uncle Lin, for your guidance!"
"Okay! After drinking the tea and clarifying the matter, let's go, so that no one will gossip!"
"Okay, I'm sorry to trouble you!"
Lin Zhichao is not afraid of this, it's just that he doesn't want to be like that.
Victoria Harbor Centre, Woo Kwan Lee \u0026 Lo Solicitors.
Lin Zhichao, led by Zhou Fuzhao and Hu Zhaoxu, is signing a contract to purchase the Chinese People's Bank of China Building with Li Fushu, Li Fuzhao, Li Guobao, Feng Bingfen and others from Chinese Real Estate.
Everyone signed the sales contract under the witness of two barristers, Hu Baoxing and Li Yeguang.
Cheung Kong Holdings acquired the China Bank Building at 28 Queen's Road Central for a price of HK$150 million (US$27 million).
This old-style building is so valuable. It can be imagined that the Poly Building, Yingzhi Building, Global Building, International Building, Midea Building and other Central buildings in Lin Zhichao's hands are each worth over 100 million.
Of course, the reason why the China Bank Building is valuable is not only its geographical location, but also its long history.
Overall, it’s well worth the investment!
"Sir Lin, how about we all take a photo as a souvenir?" Feng Bingfen said with a smile.
"No problem, it's really worth commemorating. Chinatown Building is a famous building in Hong Kong. We got it today. It's worth commemorating." Lin Zhichao readily agreed.
Chinese Real Estate owns such a building but chooses to sell it. This shows that the descendants of the Li family and the Feng family are no longer enough to defend the city, so how can they develop?
In fact, the Feng Bingfen family of later generations went bankrupt in the 1980s (investment failed). Of course, even if this kind of family went bankrupt, they still had back-ups and would not live like ordinary people.
The Li Peicai family has been wealthy for six or seven generations. After all, the Bank of East Asia was still controlled by them. For example, Li Guobao, who came today, became the chairman of the Bank of East Asia.
"Kacha"
The sound of the shutter sounded, and everyone took a group photo.
There are four people sitting in the first row. Lin Zhichao and Feng Bingfen sit in the middle, with Li Fushu and Zhou Fuzhao (Changshi God of Wealth) on both sides.
There were seven or eight people standing in the second row, including Li Fuzhao, Li Guobao, Li Yeguang, Hu Baoxing, Hu Zhaoxu and others.
After the transaction, Lin Zhichao did not leave the law firm immediately, but came to Li Yeguang's office.
Li Yeguang is one of the directors of Cheung Kong Holdings and one of Lin Zhichao's advisers, but he does not receive salary from Cheung Kong and Lin Zhichao. Although he does not receive salary, he has great influence on the ownership structure, stock market fund-raising and stock investment of Cheung Kong Group. The decision-making was very helpful, very helpful.
"Lawyer Li, to be honest, every time I ask you for help, it's always a little difficult to ask!"
Li Yeguang immediately said: "Lin Sheng, you are too polite. You do business for our law firm, and you are also the entrepreneur I admire most, so you must not be polite."
Lin Zhichao nodded and said: "Lawyer Li, you also know the strength of Changshi Group. In addition to abundant cash flow, there are various channels to obtain funds, such as the upcoming fund-raising in Toronto and the commitments of major banks. Loans, etc.”
Li Yeguang immediately said: "I understand what Lin Sheng means. You want to acquire some real estate companies, especially those that are in trouble but have high-quality and rich assets."
This is a smart person!
"good!"
"Okay, if I have good channels and ideas in the future, I will definitely communicate with Lin Sheng. Who told me that I am also a director of Changshi Group!"
Lin Zhichao immediately said: "As a director, you don't receive salary, which makes me feel a little embarrassed!"
Li Yeguang said with a smile: "Not receiving salary doesn't mean anything. Lin Sheng, please stop being polite!"
Lin Zhichao could only nod. He also understood what Li Yeguang meant. Not receiving salary did not mean that he would not contribute. On the contrary, Li Yeguang was very willing to make suggestions for Lin Zhichao. But this way, Lin Zhichao, who always valued love and justice, always felt that he owed Li Yeguang a favor.
However, according to Li Yeguang's intention, the business dealings between Lin Zhichao's properties and Hu, Guan, Li, and Luo Law Firm can also be regarded as a reward.
But in fact, in Hong Kong, these barristers are so popular that the wealthy people compete to "curry favor" with them. Even Lin Zhichao cannot afford a barrister to serve him alone.
After chatting for a while, Lin Zhichao left with satisfaction.
If Cheung Kong Group wants to expand, it is a good way to acquire companies with some financial problems. Of course, it is not all acquisitions, but the purpose of holding shares.
In the past few years, Li Yeguang and others have helped many real estate developers go public. Their business in this area is very strong, which is exactly the talent Lin Zhichao needs.
Lin Zhichao has the best relationship with Wu Baoxing and Li Yeguang of Wu Guan, Li \u0026 Luo Law Firm, but Hu Baoxing is more business-oriented (his own real estate company was listed, which was later absorbed by Lee Shau Kee in good faith). In the early days, he was Lin Zhichao's personal lawyer; while Li Yeguang was considered a member of the Cheung Kong Group Lawyers are more about assisting business.
The news that Cheung Kong Group took the lead in "buying the dip against the trend" and spent US$27 million to acquire the Chinese People's Bank of China Building was quickly reported by the media.
For a time, it caused widespread discussion.
"For companies that can buck the trend and buy lows at this time, their leaders must have a keen vision."
"When Sir Lin was at the peak of the stock market, he advised everyone not to speculate excessively but to invest in value."
"Cheung Kong Industrial Group is a value investment with sufficient cash flow, extremely low debt ratio, diversified business operations, and high-quality property assets."
"Even though the Hang Seng Index has fallen by 80%, Cheung Kong Group has only fallen by 60%. It is one of the few companies that is resistant to the fall."
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