The birth of the Hong Kong Island family

Lin Ruihuan drove to Kai Tak Airport without a driver or bodyguard, and drove an ordinary German Volkswagen. No one would believe that he was the son of the world's shipping king.

Regarding the matter of bodyguards, the father and son also discussed it. Lin Ruihuan hoped to enjoy a freer environment. Although Lin Zhichao was a little worried, considering Lin Ruihuan's relatively mature personality, he planned not to arrange it for the time being.

First of all, Lin Ruihuan has not had much exposure in Hong Kong; secondly, Lin Ruihuan has a mature personality. If an accident happens, Lin Zhichao will definitely redeem him as soon as possible no matter what the cost; finally, wait until Lin Ruihuan gets married before considering arranging bodyguards. The timing is better.

Robbers in this era do not dare to provoke influential people like Lin Zhichao. Robbers generally only provoke two types of people - the rich but not powerful, represented by Wang Dehui of later generations; Fu Laorong and his son in the 1960s.

As for other cases, only Shao Weiming, Shao Laoliu's son, was kidnapped in Singapore in the 1960s.

Based on these considerations, it is estimated that when Lin Zhichao really paid attention to security, it would be in the mid-to-late 1990s, when the Big Circle Gang was at its most arrogant.

Walking into the airport building, Lin Ruihuan was holding flowers in his hands and felt a little excited.

"Brother Huan"

When he heard a crisp voice, Lin Ruihuan immediately ran towards Luo Huijun in a happy mood.

"Huijun"

The couple couldn't help but hug each other, and then quickly separated.

It turned out that today was the day when Luo Huijun arrived in Hong Kong, and Lin Ruihuan personally arranged for Luo Huijun to settle down in Hong Kong.

Luo Huijun graduated from Harvard Business School, so she naturally had no worries about not having a job, so her first job was at Wan Guo Baotong.

After getting in the car, Luo Huijun smiled and said: "Brother Huan, you have been back at the base camp in Hong Kong for a year now, and you are still driving such an ordinary car!"

There was a very innocent smile on her expression, but there was no expression of snobbery or disgust.

Lin Ruihuan said naturally while driving: "Of course the purpose of driving is convenience, and this car suits me very well. It's not that I can't afford a Mercedes-Benz or something like that, it's just that I don't have the model I like."

Luo Huijun joked: "It seems that the salary has been increased again!"

Lin Ruihuan smiled and said: "There is no salary increase! My salary level in the United States is enough for me to live a very comfortable life in Hong Kong. After returning to Hong Kong, my salary was reduced to one-fifth, only six months a month." It’s more than a thousand Hong Kong dollars!”

Luo Huijun's silvery smile filled the car. She felt that Lin Ruihuan was "so miserable" that after returning to Hong Kong, his salary would be cut by 80%. You know, Brother Rui Huan received an annual salary of US$80,000 in his last year in the United States. Because he was a deputy project manager, his salary was already at the level of middle and low-level management in the United States.

Lin Ruihuan felt that the car was very cozy, and his girlfriend Luo Huijun had no objection to him not being able to get money from the family. In fact, after he returned to Hong Kong to work, his father had already said that if he was short of money, he could just ask his mother for it. Whether it is investment or luxury goods, you can get it, and there is no limit to the amount.

But Lin Ruihuan felt that he had no need of his family's money while living in Hong Kong. In many high-consumption places, his father directly applied for membership cards for him, and he did not have to pay for the purchases, such as yacht clubs, golf courses, Miramar Hotels, etc.

After the car drove into the mountainous area, it came to a high-end building.

Lin Ruihuan carried Luo Huijun's luggage, and then took his girlfriend to a unit on the top floor of the building.

Luo Huijun said: "Is the rent here very expensive?"

Even if she had never been to Hong Kong, she knew that Mid-Levels was a wealthy area. In addition, Brother Ting Ruihuan introduced that this building had its own clubhouse, restaurant, tennis court and other public facilities, so she knew it was very expensive.

Lin Ruihuan said: "I went to get it from home and didn't charge any money, so I won't let you pay the rent."

Luo Huijun was not pretentious and said: "Okay, just pretend that I can't afford the rent. Wow, where are Central and Victoria Harbour?"

She came to the balcony and was stunned by the view in front of her.

With a broad view, bustling Central and beautiful Victoria Harbour, you can have a panoramic view.

Lin Ruihuan hugged his girlfriend's waist from behind and said, "Well, this is what Hong Kong is like!"

Reunited after a long separation, their relationship quickly heated up and they soon became tired of each other. Of course, Lin Ruihuan is not as straightforward as Lin Zhichao. In terms of relationships, he and his father Lin Zhichao are at two extremes, one is very dedicated and the other is very carefree.

No. 79, Deep Water Bay.

The Lin family is having a dinner, which is quite sumptuous today. They are celebrating Lin Zhichao's second son, Lin Ruijiang, returning to Hong Kong to start work.

"Brother, thank you for not compensating your girlfriend and being able to go home and pick me up tonight!" Lin Ruijiang said with a smile. After saying that, he didn't forget to wink.

Lin Ruihuan immediately said: "I originally planned to go home for dinner today, so stop being so sentimental!"

Lin Ruijiang clicked his tongue and said: "Why don't I believe it? You and your sister-in-law have rarely seen each other this year. Now you can finally see each other every day and not get tired of being together? You know, my younger brother specially takes care of you and will return to Hong Kong a few days later. Not giving you hard choices.”

All of a sudden, three younger siblings, Lin Wanzhu, Lin Huizhu, and Lin Ruicheng, all started to make noises.

Lin Ruihuan said calmly: "The male is getting married and the girl is getting married. Why are you laughing!"

The four younger brothers and sisters felt bored when they saw that the eldest boy didn't agree with him and did not continue the topic. The eldest brother is good at everything, but he is more boring, even more 'boring' than his father. This is the view of the younger siblings. But everyone also knows that the boss is the one who takes care of everyone the most. Even if it is a small detail, the boss will take care of everyone.

On the other side, Lin Zhichao and his wife did not stop this. Their family was not a feudal family, and there were no rules about not talking at the dinner table, as long as it was not too noisy. What's more, this kind of brother-sister relationship is what they want to see as parents.

"Dad, I can go to work tomorrow!" Lin Ruijiang put away his playful smile and said respectfully.

"Well, go to the Yangtze River Industrial Group to report to your Uncle Wang, and he will arrange work for you." Lin Zhichao said casually.

Lin Ruijiang immediately asked curiously: "What kind of job is it?"

Lin Zhichao said: "Just obey the arrangements! What qualifications do you, a newcomer to the workplace who have just graduated, have to choose a job?"

Lin Ruijiang was stunned for a moment and could only say in a low voice: "After all, I am also a 'top student' in computer engineering who graduated from a prestigious university. Many companies are rushing to recruit graduates from our school!"

Lin Zhichao continued to attack: "Don't worry, the leaders of the subsidiary departments will also coax you. This is our respect for talents. But in the eyes of my boss, you are not enough. I have many PhDs and masters! "

Lin Ruijiang was suddenly 'frustrated' and began to concentrate on the food. Now it was his younger siblings' turn to wink at him. But Lin Ruijiang looked directly at his brother and immediately made Lin Wanzhu, Lin Huizhu, and Lin Ruicheng immerse themselves in eating.

In fact, Lin Ruijiang's job was arranged by Lin Zhichao, and he worked in the "Walkman" project department of Midea Electronics.

Last year, Midea Electronics promoted the concept of "Walkman" in the media, and was immediately ridiculed. Firstly, it was believed that "Walkman", a product that sacrifices sound quality, would not be favored by music lovers; secondly, Midea Electronics is just a Hong Kong company with only experience in assembling radios, so it doesn't believe it can create good products.

Of course, these do not affect Midea Electronics’ research and development and patent application for the ‘Walkman’. Lin Zhichao believes that it will be launched on the market within three years.

The technology of the Walkman is not complicated, not to mention that some key components are purchased, so Midea Electronics will definitely succeed around 1975.

The next day.

Lin Zhichao personally handed Lin Ruijiang to Wang Liang and asked him to arrange the work. Finally, Wang Liang handed Lin Ruijiang to Midea CEO Li Zhenlong. Finally, Li Zhenlong assigned Lin Ruijiang to the 'Walkman' project department to do research and development work.

"Rui Jiang, what did your father think that he actually asked you to do technology research and development? Do you know this clearly?" Li Zhenlong said with a smile.

Lin Ruijiang is the boss's son, so he naturally knows that he has been an intern in the company before.

"Uncle Zhenlong, isn't this the major I studied, so it's good to do research and development work."

Li Zhenlong said: "Okay, you can work with peace of mind. We will complete this Walkman in the next three years. It has almost taken a certain shape now."

Lin Ruijiang suddenly felt excited. He had already learned about the concept of the 'Walkman' product and felt that this product must be the favorite of music lovers.

"Yes, General Manager Li, I will do a good job!"

In this way, Lin Ruijiang started his work experience in technology research and development.

Lin Zhichao naturally had deep meaning in doing this. He knew that his second son had an out-of-touch personality, so he planned to let him hone himself in a technical research and development position; what's more, managers with technical backgrounds have more advantages. After all, Yangtze River Industrial Group The future will be a technology company.

In early July, a month after its listing, Cheung Kong Holdings announced the purchase of 52 sites for HK$735 million, totaling 1.23 million square feet of reserve land (Hong Kong and Kowloon).

For a time, the market value of Cheung Kong Holdings once again exceeded 3 billion Hong Kong dollars, and its influence was felt.

Why is it said that the market value has exceeded 3 billion Hong Kong dollars again?

It turned out that the market capitalization of Cheung Kong Holdings exceeded 3 billion one week after its listing. However, Hong Kong's financial chaos followed, banks suspended exchange rates, and the Kowloon Stock Exchange also needed to suspend operations, causing the Hang Seng Index to fall for a time.

Under the general environment, the market value of Cheung Kong Holdings once fell by HK$3 billion, to just over HK$2.7 billion.

On the conference table in Lin Zhichao's office, he was having a meeting with the 'Big Three'.

"After the company went public, we considered more things, such as how to increase liquidity and expand financial strength. Now the debt of Changshi Group has reached 280 million, and the liquidity is almost exhausted, with only HK$50 million left. "

A company with a market value of 3 billion has only 50 million Hong Kong dollars in liquidity, which is indeed relatively small.

As for the debt of 280 million, almost all of it is owed to Victoria Harbor Real Estate. Lin Zhichao gave a discount of 6% annual interest. I originally wanted to do it interest-free, but I found that it was not good and would cause some trouble.

Huang Changhong said: "If you want to increase cash flow, you can choose to open more sites to increase profits from real estate development."

Lin Zhichao replied: "This is not necessary! This year, we will try to control the profit of the development site at HK$60 million. The land still needs to be developed in the long term."

Huang Changhong could only nod his head and said: "Actually, although our real estate development profits in the past two years have been 50 to 60 million Hong Kong dollars, the main reason is that our land cost is low, and the overall supply is still not far behind the second place."

Cheung Kong's land almost never exceeds HK$100 per square foot, which is indeed very cheap. The cost of other people's land is around HK$200.

Lin Zhichao said: "In the later period, we must also pay attention not to rely too much on the profits from real estate development. To put it simply, the gap with the other top few should not be too big, and we don't even need to be the first. It's not that I don't want to make money because I have money, but I consider two points. : First, there are issues with market supply and land reserves; second, Changshi Group wants to be a comprehensive real estate company, with commercial real estate, beverages, food, and retail developing."

"clear"

The three senior executives said in unison. They also know that with the boss's financial strength, if they fully develop real estate in Hong Kong, it will have a great influence. Because of this, Cheung Kong Group has hardly purchased land for about four years.

Of course, if you don’t want to buy land, you have to find investment channels for your funds, and it’s time to invest in commercial real estate.

Then, Zhou Fuzhao said: "In the first fiscal year of Changshi Group's listing, our external forecast was a profit of 100 million; if we issue new shares worth 100 million at the right time, our financial situation will be very healthy. Of course, The current debt of 280 million is not too much."

Listed companies in this era will predict their profits for the current fiscal year to boost their stock prices.

After thinking about it, Lin Zhichao said: "When issuing new shares, we can choose to exchange the shares of peer real estate companies. At that time, as long as we sell at a high point, we can cash out more cash flow. This is the best way. For example, Hopewell Real Estate , Sun Hung Kai Properties, Carnival Properties, Hutchison International."

Zhou Fuzhao immediately said: "Okay, I will take charge of this matter."

Lin Zhichao nodded. The real estate companies he was talking about were not only top real estate companies, but their heads also had a good relationship with Lin Zhichao.

Of course, this exchange of new shares is beneficial to both parties. If you issue new shares to the public, you will only get cash, which is also troublesome. If you issue new shares in exchange for new shares of other companies, you only need to cash out from the market after the price rises.

It is worth pointing out that this new stock has no ‘unfreezing period’ and can be cashed out at any time.

In this era, the Hong Kong stock market has too few restrictions from laws and regulations.

"In this way, we issued new shares worth 100 million, and the actual final cash out was far more than 100 million."

It might be 200 million, or even 300 million. There are too many leeks.

Huang Changhong said with a smile: "The stock market is too hot, and most of the company's employees are speculating in stocks."

Later, housewives and cleaners also joined in; and later, their money was harvested.

Hearing Huang Changhong's words, Lin Zhichao immediately said: "You put up notices inside the company - it is strictly forbidden to speculate in stocks during working hours, and then put some warning signs in the office area - the stock market may rise or fall, please act according to your ability, and never go into debt. Stock trading.”

The three of them immediately tensed up. The boss would not say this for no reason, so they all nodded seriously.

"Don't worry, boss, I will definitely warn you!"

Lin Zhichao still felt uneasy after thinking about it, and said: "I will write something later and make it into a display board and hang it in the office area, or put the brochure in the company for reading. The main thing is to make our employees truly understand the way of investment; the market is full of There are too many people who don’t even know what stocks are. If they can make money in the future, then whose money will we make?”

Huang Changhong nodded seriously and said: "Okay, we must handle this matter seriously. Now there is a saying outside - as long as a pig is listed in Hong Kong, it can double in value very quickly."

This is the truth, a true portrayal.

After a while, Hong Kong antennas will mean the same thing! There was no product, no patent, just a concept, and it was directly listed to raise 25 million yuan. The scale was only a little smaller than the previous life of Cheung Kong Group. Importantly, the stock price rose from 2.2 yuan to 30 yuan, an increase of more than 14 times.

After the meeting, Lin Zhichao started thinking in the office.

After selling 1.23 million square feet of land in Hong Kong and Kowloon, Victoria Harbor Real Estate still has about 2.4 million square feet of New Territories land exchange rights letters and New Territories land, and received HK$500 million in cash and a remaining payment of 235 million.

With the cash obtained, the 300 million loan will be paid off in full, and the remaining cash flow funds will continue to support the construction of the 'Burj Al Arab' and 'Victoria Harbor Centre'; coupled with the income from Victoria Harbor real estate, it will be able to 'break even' by the end of the year .

In other words, starting from 1973, the rent of Victoria Harbor Real Estate belongs to Lin Zhichao's cash flow; and the remaining payment of 235 million will also become his cash flow.

Unknowingly, Lin Zhichao began to have an excess of 'idle funds'.