The birth of the Hong Kong Island family

Cheung Kong Group successively sold 50% of its shares in Wheelock Building and Marden Building for HK$1.15 billion (profit of HK$500 million), and Mong Kok Center for HK$920 million (profit of HK$210 million), instantly withdrawing a large amount of funds.

The buyer of half of the shares in Wheelock Building and Marden Building is none other than Cheung Yuk Leung's Kam Hing Land; while the buyer of Mong Kok Center is the Wing On Kwok family, a family that has recently been acquiring properties everywhere.

Including the sale of industrial buildings and scattered properties, Cheung Kong Group has withdrawn 2.4 billion Hong Kong dollars in funds, which can be described as very generous. Of course, if the old Miramar Hotel wing and shopping mall are sold next, as much as HK$5.2 billion will be recovered.

This day.

TVB was officially listed in Hong Kong, and the two original shareholders cashed out their shares through placements.

Hutchison Whampoa originally held almost 30% of TVB shares. Before the listing, it sold 10% to Run Run Shaw for HK$100 million. However, this listing will allocate the remaining shares to Shaw Brothers. a consortium led by Sun Hung Kai Securities, and the public.

HSBC also sold a majority stake and stepped down from its board of directors.

Hutchison Whampoa's exit is easy to understand, given that its owners already control ATV. As for HSBC's cash out, this is purely from a business perspective.

Speaking of the listing of TVB, it was also because Hutchison Whampoa was eager to cash out and Run Run Shaw was eager to control TVB. Both parties led the listing.

On the day of listing, everyone was very happy and held a banquet. Lin Zhichao also attended.

"Linsheng"

"Mrs. Lee"

At the banquet, Li Lu Yanqun took the initiative to chat with Lin Zhichao.

"Mr. Lin, this time I also sold some TVB shares, accounting for about 2%." Li Luyanqun said with a smile.

Lin Zhichao looked puzzled and said: "I heard that Mrs. Li has sold the United Soda Drinks business to Yang Xiecheng, and sold the factory land to Jiani Group. I can understand this. It's just that the sale of TVB shares is a bit puzzling. !”

Lee Hyo Hwa holds a little over 3% of TVB’s shares, which is actually not much, but she has sold 2% of her 3% shares, which obviously makes people think of this woman as a ‘waste’.

Li Luyanqun said with a smile: "With Mr. Lin in charge of ATV, I am also worried about the future of TVB, so I simply took out 2% of my shares to cash in at the high price."

"Haha" Lin Zhichao laughed, and then said: "Mrs. Li, you are really a very smart person. By the way, I heard that you graduated from the American Business University. Brother Xiaohe probably didn't expect that you would be so smart after his death. to take care of his wealth."

He is also familiar with Li Xiaohe, and has a better relationship with Li Zeming.

Li Luyanqun said: "There is no way. I am not very good at running industries, so I sold my late husband's business and plan to engage in investment in the future. In the future, if Mr. Lin has any projects that need investment, please take care of me."

That's it, it's almost the same.

After all, Li Lu Yanqun is a prostitute, and it is not practical to run an industry, so she can make money by selling her assets and investing in the projects of Hong Kong tycoons in the future.

"no problem"

Lin Zhichao readily agreed.

He has so many projects that although he doesn’t necessarily need investors, joining one has no impact at all.

The future market will be huge. Real estate projects in overseas markets and mainland markets will be many times larger than those in Hong Kong. Even in the Japanese real estate market in recent years, Lin Zhichao planned to lead Hong Kong's wealthy people to loot Japan. Of course, he is the real main investment force. He leads everyone to invest, but he is just following the trend.

Li Luyanqun said happily: "Then let me thank you first!"

"You're welcome!"

Later, Run Run Shaw brought Fang Yihua to Lin Zhichao.

Run Run Shaw could only thank Lin Zhichao at this time. After all, if Lin Zhichao had competed for TVB, his chances of winning were 100%. The only trouble is that Lin Zhichao needs to face the complex shareholder structure inside and the influence of Run Run Shaw who has been operating there for more than ten years.

But no matter what, it was Lin Zhichao who made Shaw successful.

As for this listing, TVB cannot raise funds because shareholders are cashing out their stocks; of course, TVB is not short of money either. Last year’s profit exceeded HK$100 million, making it a very profitable company.

"Lin Sheng, TVB stock rose by 50% today, I have to thank you for your help." Run Run Shaw smiled.

In other words, TVB’s market value is already HK$1.5 billion.

Lin Zhichao said with a smile: "It's a win-win situation. It helps each other. I finally cashed out all the Hutchison Whampoa stocks, which is a worry. Otherwise, I would always worry about people saying that I am in two different boats!"

Fang Yihua jumped out at this time and said: "Lin Sheng, you have been staring at the TV station recently, maybe you don't know that there is a fire in the backyard!"

This woman's words are not very pleasant!

Run Run Shaw couldn't help but give Fang Yihua a look that meant you didn't even look at who was opposite!

Although Lin Zhichao was one generation younger than him, he did not dare to take it too seriously. After all, Lin Zhichao had too much influence.

"Miss Fang, my backyard has never been on fire for decades. I am definitely better than Shao Sheng in this regard!" Lin Zhichao said jokingly.

Run Run Shaw laughed randomly and said, "Lin Sheng's words are absolutely correct. I am indeed far behind you in this aspect!"

This is a joke that all men understand!

Run Run Shaw also has many scandals (female celebrities come in and out of his villa), and now he is having a heated relationship with Fong Yihua. However, news broke out about his children's discord with him, and even the news of Huang's complaints came out.

On the contrary, Lin Zhichao's two wives and numerous children have always been in the hands of the media and have little topic, so the family has not caused any problems.

No matter what scandals Lin Zhichao has, the two wives have not expressed anything. Even when the two wives attended important occasions with Lin Zhichao, everyone can see the love and unity with the naked eye.

Fang Yihua blushed. Lin Zhichao meant to make fun of her with his words, but she quickly adjusted her attitude and said: "Lin Sheng, I'm talking about the film company. A new art city has popped up recently, and the Kowloon Construction Company is behind it." With the backing of industry, the momentum is very good!”

Lin Zhichao said: "This is a good thing. With competition, Hong Kong movies will be better!"

Fang Yihua was suddenly speechless!

It is true that Lin Zhichao supports any film company and rises based on his true ability. He will not care about these small things. Of course, if New Art City's momentum is too good, Lin Zhichao can only release a series of Chow Yun-fat's movies in advance.

But it's not necessary yet. It would be better to let Chow Yun-fat become box office poison before getting involved.

At this time, Run Run Shaw came out to smooth things over: "Lin Sheng still takes a long-term view, but our vision is narrow!"

Lin Zhichao smiled and said: "Shao Sheng has received the award. It's normal to talk about business in business!"

Run Run Shaw thought to himself, you say you are doing business, but your methods are not 'glorious'. Back then, Golden Harvest Films supported Wang Yu to leave Shaw Brothers, and now ATV is poaching people from TVB. Which thing is honorable?

However, Lin Zhichao can definitely be pushed to his subordinates. After all, Zou Wenhuai and Zhou Liang Shuyi are both "one-sided" figures. From the outside, Lin Zhichao only needs financial support at most, and will not put these trivial matters on Lin Zhichao's head at all.

In any case, Lin Zhichao and Run Run Shaw still rarely get along in private, even if they are secretly very competitive.

But everything Zhou Liang Shuyi did now was her own behavior and had nothing to do with Lin Zhichao. This is also true. Lin Zhichao just allowed this situation to happen.

In business circles, this kind of poaching behavior is not considered vicious competition.

Chen Qingsong came to the Land Company and met with Bao Fuda, the chief executive of Land Land.

He couldn't help but sigh in his heart, reputation is really a good thing. He once wanted to meet the senior management of Landmark and Jardine, which was obviously unrealistic; but now, he can meet the senior management of HSBC, Jardine and Land at any time.

This time he came to see Bao Fuda, hoping that the two parties would cooperate to win the "old wing of Miramar Hotel". After all, Changshi Group asked a high price for this project. Although Jianing Group can afford it, Chen Qingsong likes to cooperate with large companies, as it can increase his reputation even more.

He knew that Real Estate had gradually changed from conservative to radical since Bao Fuda took over, so he must be the best partner for this project.

"Bao Fudataipan, Cheung Kong Group is interested in selling the land of nearly 90,000 square feet in the old wing of Miramar Hotel, so I came to invite us to cooperate with Land. If this land is redeveloped, it can add more than 300,000 square feet of commercial space. The floor space, and more importantly, the location is excellent, and a land-based plaza can be built.”

Bao Fuda was immediately excited. The opening of Landmark Plaza in Central could be said to be a win for Landmark. However, he asked curiously: "The Cheung Kong Group attaches great importance to commercial projects, so why do you think of selling this land? Moreover, the profits of the Miramar Shopping Center and hotel are still very good, right?"

Of course Chen Qingsong didn't know Lin Zhichao. He only knew that investing in this project could be very profitable and it could bring influence to Jianing Group.

"The asking price is very high, they ask for 2.8 billion Hong Kong dollars. Based on their current profits, it will take at least 20 years to recover the capital. Moreover, this building is already a product of the early 1960s, and all aspects are incompatible with today's shopping malls. Slightly older.”

Bao Fuda took a breath and couldn't help but said: "Such a high price, doesn't it break the unit price of the most expensive land in Hong Kong?"

Chen Qingsong said: "Yes, but it is very reasonable. If you think about how much the land value has appreciated this year, I think it is completely reasonable. After all, it is difficult to find opportunities for such a big project in Hong Kong now!"

Bao Fuda suddenly thought about it. Of course he was very optimistic about Hong Kong's real estate prospects. He even despised the Keswick family's conservative style, which caused Land to miss out on the golden time in these years.

But it is not too late now. Since taking office in 1978, he has gradually strengthened real estate development, creating better returns for Land over the years. Now, if he wants to continue investing, he must not weaken Land's prestige.

"In this case, I will discuss it with my colleagues in the company and then give you an answer, Mr. Chen."

"Okay, I believe Mr. Bao Fuda can make the best decision."

Chen Qingsong left Land with confidence. He saw that Bao Fuda was also a very aggressive investor.

"Father, didn't you say that Chen Qingsong might be a liar? Why did you agree to sell the old wing of Miramar Hotel to him? After all, even if you receive HK$900 million in funds, the balance can be paid in installments in one and a half years; but once the real estate depreciates, , it’s only 900 million yuan, it’s not necessarily safe, right?” Lin Ruihuan came to the chairman’s office and asked curiously.

The old wing of the Miramar Hotel and shopping mall can currently generate more than 110 million in annual profits, making it a high-quality asset.

Lin Zhichao said: "Therefore, Land must guarantee it. If there is a problem with Jiani Group, at least Land can compensate."

Generally speaking, a land guarantee only requires compensation for the difference in depreciation of the land. For example, if it is currently worth HK$2.8 billion, if it depreciates to HK$1.7 billion by the end of next year, it will be equivalent to a depreciation of HK$1.1 billion. Then the NT$900 million deposit is obviously not enough. Land, as the guarantor, will have to compensate NT$200 million, and the land will be taken back by Cheung Kong Group.

As for Lin Zhichao, he originally wanted to rebuild it himself. Now he can earn 1.1 billion for free, and wouldn’t it be nice to use it for construction expenses?

As for the depreciation part, it came back in 1986.

Lin Ruihuan felt relieved and said, "Father has considered it carefully. I will only agree to it after adding this item."

Lin Zhichao nodded. Now Lin Ruihuan can take charge of his own business. He basically drinks tea in the office and occasionally attends some business gatherings.

"Let's put it this way, Bao Fuda is a radical, similar to Chen Qingsong. The only difference is that Real Estate still has a solid background, while Chen Qingsong relies entirely on deception!"

Lin Ruihuan said doubtfully: "No way, if Chen Qingsong only knows how to cheat, then where did Jia Ning get so many dollars?"

Lin Zhichao said with a smile: "As long as the head of a certain financial group that comes to Hong Kong for development is bribed by him, he can lend a large amount of money. Chen Qingsong also gave others shares of Jianing Group, forming insider trading. Otherwise, why is everything being talked about by the media? There is no substantial evidence that Chen Qingsong has a strong backing. Of course, these things are just my guesses. Don’t go out and talk nonsense. But I believe that no experienced Chinese businessman will cooperate with such an unknown person. Only foreigners like Bao Fuda and Shen Bi would believe it."

In front of his son, he showed off his skills!

Lin Ruihuan no longer had any doubts and said: "There are indeed many wonders in this world. In this way, as long as Hong Kong real estate continues to rise, Chen Qingsong will be a successful person. There is no doubt!"

"Wrong, even if he has been very successful in the past ten years, his character has already determined his ending. As long as such a person fails once, he will be doomed."

Lin Ruihuan was shocked. He knew that his father was reminding him, so he quickly said: "Well, I understand! Don't make too many loans and ensure enough cash flow. This way, when you see projects that can be invested, you can invest without taking loans. This is The way to survive as a business.”

Lin Zhichao said earnestly: "Rui Huan, in essence, even if I hand over Changshi Group to you, I still hope that you will develop in my general direction."

Lin Ruihuan said quickly: "That's for sure, and my father is still young."

Lin Zhichao waved his hand and said: "Young is young, but I also want to enjoy life, so when the Hutchison Whampoa matter is settled, you will serve as the general manager of the group."

Lin Ruihuan didn't say much this time. He knew his father had already decided and said, "Well, I will definitely do a good job and listen to my father's opinions and ideas."

He knew in his heart that he might not be able to survive even with his father's body. With such a father, he only needs to be the executor of his father's ideas, just like Zhu Biao (son of Zhu Yuanzhang) in the Ming Dynasty. He only needs to operate the company stably and make steady progress, and then he can safely hand over the third generation of the Lin family. Descendants.

"Go ahead! I will give you some advice on big projects. You can take charge of small and medium-sized projects on your own, and I am very relieved."

It is better to give his son enough trust. Although small and medium-sized projects are left to Lin Ruihuan to make decisions, Lin Zhichao's will actually plays a role in them.

"Okay." (End of Chapter)