The birth of the Hong Kong Island family

Cheung Kong Holdings.

Lin Zhichao had a meeting with the three giants in the office. He said: "We will take advantage of the current popularity of stocks and issue 500,000 new shares to raise about HK$50 million. Then we will buy the land at Fox Plaza, and the remaining funds will be paid in installments." Payment."

After some advertising by Cheung Kong Group, coupled with Land's market capitalization of more than 6 billion, Cheung Kong Holdings' shares immediately became popular. Issuing new shares at this time is bound to be very popular.

Therefore, Lin Zhichao plans to continue to open the "stock printing press" to purchase his personal assets and strengthen the strength of Changshi Group.

Zhou Fuzhao nodded and said: "No problem! Hong Kong people have gone crazy now. They buy as long as there are stocks. They think that junk stocks will rise, salted fish will be reborn, and you can make money by buying any stock. (Profit). The market is so good, and our Cheung Kong Group’s stock is a star stock, so it will definitely be very popular.”

Lin Zhichao said: "Then cooperate with Huduoli Company as soon as possible to issue new shares."

Since the listing in June, excluding the new shares listed, 1.39 million new shares have been issued. These new shares are wholesaled and then exchanged for new shares of other real estate companies. Calculated based on the price at the time of issuance, the total is just over 100 million Hong Kong dollars. a little. Nowadays, these new shares exchanged have naturally appreciated a lot in value.

The issuance of 500,000 new shares this time is to raise pure cash, mainly to purchase 41,500 square feet of land in Raffles City (a piece of land at the former naval dockyard), with a value of about HK$115 million (the land area ratio is not high).

"good"

Next, Lin Zhichao said: "The tendency of colleagues in the company to speculate in stocks is quite serious, so we should be vigilant!"

Huang Changhong smiled bitterly and said: "Everywhere we go now, stock trading is discussed. Many people in the company are indeed trading in stocks. We have also carried out various publicity - telling everyone not to go into debt to trade stocks and not to blindly trade stocks. However, I'm afraid the effect is not obvious. There are even cases where a few employees plan to resign and speculate in the stock market.”

There are a lot of warnings posted in the office buildings of Cheung Kong Industrial Group, but it seems that everyone ignores them at all. This month, HSBC Chairman Sandus stood up and issued a warning. The results showed good results on the second day, but returned to the ranks of sharp gains on the third day.

As the leader of Hong Kong's financial community, Sundar's public appeals are of no avail, which shows that the market has been completely deceived. As a leader in the business community, Lin Zhichao will inevitably have to stand up and warn everyone later.

But this kind of offending thing must be talked about at a critical moment, and it would be best to talk about it in January next year.

Lin Zhichao could only say: "Let's do it! If we preach too much, people will feel that we are delaying their money-making. If I see that the situation is wrong later, I will strengthen publicity within the company. At present, the market can still support it for a while."

Huang Changhong said: "Well, in fact, what we have done has a certain effect. At least many people understand the true meaning of stock market investment. Boss, you used the cases of Buffett and Cai Zhiyong on Wall Street in the United States, which is also refreshing for everyone."

Lin Zhichao has indeed done something in the company, defining stock investment as 'value investment', and taking advantage of the trend, he warned everyone not to 'invest with debt' and to 'act according to their ability'; he didn't say much else. At most, you can't trade stocks at work. constraint.

After the meeting dispersed.

Lin Zhichao continued to think in the office. The issuance of 500,000 shares this time raised less than 50 million, and he would have to issue another new share (London stock market) early next year in February to try to raise 100 million in cash. Coupled with the appreciation of more than 200 million in new shares exchanged, there will be a cash flow of more than 300 million.

The profit in 1972 is expected to be 150 million, which is better than initially expected, mainly because real estate continues to rise along with the stock market.

This is called true power!

Even if all the money for the residential and commercial land of Victoria Harbor Real Estate is paid, there will still be a cash flow of more than 200 million. In addition, real estate will not have much impact in 1973, so the cash flow of Yangtze River Industrial Group will be more sufficient.

Sufficient cash can ensure that a series of bargain-hunting activities can be carried out during the oil crisis.

The end of November.

The ‘Bull War’ is over and Land has won a big victory.

Land's acquisition of the Milk Company came at the right time. At this time, the real estate industry was booming and blue-chip stocks (HSI constituent stocks) were disappearing, and Land's stock was a star among the blue-chip stocks. In comparison, Dairy Milk's operations are more than stable but not aggressive enough. The idle land and properties have not been fully developed and utilized, and some land has only been sold at a low price. Shareholders have criticized this approach.

Because of this, almost 80% of the public shares of the Dairy Company were acquired by Land Corporation; moreover, Land Corporation did not spend a penny of cash and only needed to start the machine to print stocks to complete the acquisition.

This incident not only affected the prosperity of the stock market, but also opened the prelude to the takeover war in the Hong Kong stock market. Jardine Matheson Group never imagined that it was them who initiated the hostile takeover, and that the biggest victim of hostile takeovers in the future would also be Jardine Matheson Group.

Since then, Hong Kong has been experiencing continuous takeover wars, with both warring parties taking the cattle war as a lesson. The problems exposed in this acquisition war have also attracted the attention of the Hong Kong government and regulatory agencies. Therefore, future acquisitions will no longer be replicas of this acquisition, but will continue to introduce new and exciting ones.

this day.

Lin Zhichao came to the Cheung Kong Industrial Park in Tsuen Wan and inspected the factory before returning to the office.

Today, the Cheung Kong Industrial Group has more than 20,000 workers and has become a well-known light industrial group in the world. The Yangtze River Industrial Group has single-handedly supported Hong Kong's world dominance of toys and changed the world's view of Hong Kong's copycat toy factories. 'senses.

Toys such as Rubik's Cube, Transformers, and Barbie dolls all have the shadow of Yangtze Toy Factory; among them, Rubik's Cube and Transformers were developed and created by Changjiang Toy Factory.

"Manager Wang, please arrange the Yangtze River trade, import a large amount of plastics and other petroleum-derived materials, and then reserve them. The more, the better." Lin Zhichao called Wang Liang and arranged.

Wang Liang is 60 years old this year and has still not retired. Lin Zhichao plans to keep him until he retires at the age of 65 and continue to work as a consultant of the Yangtze River Industry Group.

"That requires a large warehouse. The Yangtze River Industrial Group is currently busy with its production business, and it is difficult to find a large enough warehouse in the park. The Tseung Kwan O smelting plant should be able to store a lot. How much does the boss want to save?"

Lin Zhichao thought for a while and said: "Just watch it. I can only tell you that the situation in the Middle East is unstable and oil prices are going to rise, so these raw materials will also rise. In addition, we also reserve some raw materials for the plastic flower industry. Well, anyway, we have sufficient funds. Otherwise, don’t rush in to purchase goods all at once, as this may easily lead to an increase in raw materials. It’s up to you to decide the details. Anyway, this may not happen, or it may happen immediately.”

Wang Liang understood immediately and said, "Okay, I understand what the boss means!"

If he doesn't understand anymore, his boss should scold him as an old fool.

The boss's meaning was very clear. This was a kind of prejudgment. Of course, he thought that the boss would not be wrong. After all, as a shipping king, the boss knew the situation in the Middle East very well. So what he needs to do is to keep stocking up on raw materials in large quantities, without raising prices, but at the same time stocking up as much as possible.

Then, Lin Zhichao said: "I want to form a team to develop arcade games. You should first communicate with the senior management of Meidi Electronics about this, recruit talents first, and invest in software and hardware at the same time."

Wang Liang said without hesitation: "Okay, I will communicate right away."

The boss laid out the arcade machines early, so he wouldn't have any doubts.

In 1970, Midea Electronics began to OEM arcade machines for Atari, producing "PONG". Now that there are two years left, it’s time to enter the research and development stage.

Of course, Lin Zhichao will not interfere in the early stage and let the team do it on their own.

When the time comes, Lin Zhichao will come up with game plans for Little Bee (Space War), Pac-Man, etc., and he will surely be the first to get the copyright.

Lin Zhichao divided the work between Midea video games and Atari video games:

Among them, Atari Electronic Games is already promoting "console games". When the time comes, Lin Zhichao will step in and formulate a high-quality cooperation plan for third-party software to avoid rough games and repeating the mistakes of the past.

Among them, Midea Electronic Games specializes in the research and development of arcade machines and game software, and has collected all the classic games of the past. Of course, it is essential to set up studios in the United States and Japan, and it is also necessary to establish its own R\u0026D team in Hong Kong.

In early December, China Star Shipping, a subsidiary of Lin Zhichao, was also listed in Hong Kong, raising 120 million yuan to repay debts and order container ships.

At this time, after years of development, China Star Shipping already has twelve new container ships, which is more powerful than Dong Yunhao's Orient Overseas; you must know that Lin Zhichao's Global Group has a fleet dominated by oil tankers, and cargo ships at its peak Nor does it have a load capacity exceeding 1.2 million tons.

As for container ships, Lin Zhichao is the first person in Hong Kong to eat crabs, so he has the upper hand. This is because Lin Zhichao already has the idea of ​​​​"slow" development, and this is what China Star Shipping is like.

Regarding container transportation, Lin Zhichao originally pursued stability, so this time he went public to raise funds, he made full use of the stock market to share the financial pressure.

In other respects, Universal Group's unlisted fleet (Universal and Worldwide) has been reduced to 18.5 million tons, a decrease of approximately 900,000 tons; mainly due to the elimination of oil tankers under 100,000 tons and some older bulk carriers. As for the remaining 18.5 million tons fleet, almost 85% of the vessel charters can survive the oil crisis.

In fact, Lin Zhichao predicts that Hong Kong's entire fleet will suffer the least losses in the world during this wave of oil crisis. This is because everyone has learned from Universal Group's style of leasing ships for a long time, coupled with its own conservative management.

The oil crisis mainly affected American routes and European routes, so European and American shipowners suffered the greatest losses.

"Boss, Mr. Sandus is here!"

"Please come in"

Soon, HSBC Group Chairman Sandus came to Lin Zhichao's office, and Lin Zhichao accompanied him to sit on the sofa and drink tea.

"I came here this time to ask about the lease of World Shipping and its future development plans." Sandus put down his tea cup and asked seriously.

HSBC is the second shareholder of World Shipping, holding 40% of the shares, but they recently discovered that almost all of World Shipping’s leases are signed for more than five years, with the highest reaching seven years, and the return rate is only about 15%.

They did not question Lin Zhichao's decision, but they also wanted to know it clearly so that they could have an idea.

Lin Zhichao said with a smile: "I remember telling you in the 1950s that world shipping had a 30-year boom period, so I always remember this analysis. The ships of World Shipping all sign long-term contracts, and although the profits are lower, every time The money earned from a lease is equivalent to the cost of a ship. After the lease expires, half of the cost can still be sold."

One trip of a VLCC may bring in millions of dollars in profit, so there are still many shipowners working hard to build ships, and it is still a booming period for shipping.

But Lin Zhichao has never envied those who have a long way to go. He is now making money, earning 100 million a month. In seven and a half years, it will be 9 billion. By then, the fleet worth 1.8 billion US dollars will still be his. If it is sold, 10 People with billions of dollars want it. Of course, the most he can do is sell boats.

In his previous life, Bao Yugang was named the richest Chinese man by Fortune in the United States in 1973, with a net worth of US$700 million to US$1 billion (13 million-ton fleet). I don’t know if Fortune will select the richest Chinese person next year. I’m afraid Lin Zhichao will be shocked by that time.

"Reduce the ship and go ashore?" Sandus asked uncertainly.

HSBC attaches too much internal importance to the profit sharing of World Shipping, so it wants an accurate letter.

Lin Zhichao said: "No one can say for sure what will happen in five or six years. The dividends paid out in the past few years and the investment of HSBC Bank are enough to provide a high return. Therefore, I don't predict what will happen in five or six years. Mr. Sanders will Stop making things difficult for me."

Sandus was stunned for a moment, then said: "I understand, I am also responsible. Please forgive me, Mr. Lin."

Lin Zhichao nodded and said, "I know, we should have communicated seriously with our partners."

In fact, Lin Zhichao vaguely guessed that HSBC wanted to get some information from him about the shipping prospects in order to make investment and loan decisions in this area.

The next day.

Bao Yu just arrived at HSBC Bank and met with Sandus.

"Chairman Sandus, what are your suggestions for my cooperation?"

It turned out that Bao Yu had just seen that Lin Zhichao had stopped building ships, but there were no obvious signs of decline in world shipping, so he decided to continue building ships aggressively. Currently, he has a new fleet of more than 3 million tons, including 10 VLCC tankers.

He firmly believed that if he got the support of HSBC, he could double the expansion in a few years; therefore, he suggested that HSBC cooperate with his company to jointly invest in shipping.

Sandus said: "We at HSBC have already invested a lot in shipping, so we have no plans to expand investment for the time being. Your proposal has been rejected by us."

Bao Yugang said incredulously: "Why is this? As far as I know, HSBC has always been the favorite to invest in shipping over the years."

Sandus smiled and said: "There is a saying in China that prosperity comes with decline. Shipping has been prosperous for so many years. We are also worried about changes in shipping, so we have changed to a conservative strategy. If Mr. Bao wants a follow-up loan, we will have to consider it. risk, thereby reducing the number of loans and increasing collateral assets.”

Bao Yugang pondered for a moment and said, "Could it be that Sir Lin's worries have affected HSBC?"

Sandus did not hide it and said: "He is a legend in the shipping industry, and certain decisions are indeed something we refer to."

Bao Yugang left HSBC with some worries, but he also believed in Lin Zhichao's decision.

Of course, since he also rents to customers for a long time, he doesn't need to be too nervous. HSBC was unwilling to increase investment anyway, so it could only continue its 'slow' expansion.

As everyone knows, it is this decision that can avoid some losses for Bao Yugang.