The birth of the Hong Kong Island family

The day after Lin Zhichao's appeal, the Hong Kong stock market fell another 52 points, attracting a lot of criticism; however, the market quickly digested it and continued to open an upward channel.

In fact, the Hong Kong stock market in this life is much stronger than in the previous life. After all, the economy is better and citizens have more deposits, which leads to more local funds entering the market.

Although the media frequently commented on the stock market at this time, it was of no help to citizens who wanted to make a fortune.

"Although the Hong Kong government has tried every possible means to use pressure to 'cool the stock market', and business leaders have also issued warnings, the public is full of confidence in Hong Kong's prospects and is optimistic about the stock market; at the same time, a large amount of overseas funds are pouring into Hong Kong in search of a way out, which has made the country The stock market, which had recently fallen, rebounded quickly."

——Editorial from "Sing Tao Daily".

"Due to the fierce market atmosphere and the overcrowding of many regular brokerage houses, some 'illegal' brokerage shops (that is, brokers that are not listed on the 4 exchanges) that specialize in 'odd lots' (sporadic stocks) have appeared in Mongkok, Kowloon, such as The situation on the first floor is like bamboo shoots after a spring rain. In fact, no matter from which angle you look at it, the behavior of some citizens buying and selling stocks is like gambling. It has basically deviated from the normal operation of the stock market and has It is very likely to affect social stability and financial order."

——Editorial from Oriental Daily.

"The trading of stocks has penetrated into housewives and all walks of life. When citizens meet and talk for a few words, they can't do without 'stock news' (stock topics). The enthusiasm of citizens to inquire about stock market news is even worse than the previous gambling in Guangdong Province. At that time, ignorant women and children rushed to inquire about Master Zihua's "verbal message". The social changes reflected in this are that many (stock) retailers have forgotten business ethics and only pursue huge profits. (Principle). Many housewives and maids have also given up their savings to buy stocks, because the interest on savings is meager and far less profitable than the profits from stocks. There are also those in the 'white-collar' class who are distracted by other things during office hours , as soon as they hear any news, they use the phone to 'stock in and ship out'. It is already commonplace in office buildings (offices) in Central District. There are even teachers from Guanjin (government-subsidized) schools who never forget about stocks during class time. The ups and downs and lack of interest in teaching have now caused dissatisfaction among many parents of students.”

——Editorial from "Sing Tao Daily".

The office of Cheung Kong Holdings.

"Sheng Lin, with the 1,250 Hong Kong dollars in cash raised by Wan Cheng Development, I want to buy a rental property. I wonder if you, the director, have any advice for me. I am all ears!" Yu Chengwan came to Lin Zhichao's office and said in a consultative tone.

Over the years, he has learned too much business knowledge from Lin Zhichao. Of course, it was not Lin Zhichao who specifically taught him, but Yu Chengwan took the opportunity to 'stealingly learn' during their relationship.

Lin Zhichao noticed Yu Chengwan's humble attitude and decided to give him a few words of advice: "Lao Yu, you have money in your hands, are you still worried about not being able to buy a property? This raised money has only been obtained for a few days, so there is no need to spend it in a hurry. Get out!"

Yu Cheng was not stupid. He knew that what Lin Zhichao meant was that it was not cost-effective to buy property now.

"You mean to wait?"

"Well, wait a minute, not to mention you don't have a suitable partner, right?"

Yu Chengwan nodded and said, "Indeed! I originally wanted to buy a commercial building. I definitely can't afford it on Hong Kong Island and Tsim Sha Tsui."

Lin Zhichao said: "Then look for more, but don't make a move. The stock market is shaky, and real estate is bound to be affected. This is the principle of pulling stocks."

"Thank you Lin Sheng for your advice. My trip here is really worth a fortune!"

"You're welcome, brother, I'm also a director."

Wan Cheng Development raised more funds than expected, with 12.5 million Hong Kong dollars in hand. If it borrows another loan, it can still purchase a commercial building in Kwun Tong, Mong Kok, or Yau Ma Tei.

Yu Chengwan deliberately brought his youngest daughter to these two gatherings. I don't know if he wanted Lin Zhichao to fancy him as his daughter-in-law or something.

But it is obvious that his youngest daughter Yu Huafang is not suitable for Lin Zhichao's sons Lin Ruijiang and Lin Ruihai. The simplest problem is that she cannot study well. It is a flaw that she did not go to college. Lin Zhichao's sons all go to prestigious schools in the world, so naturally they must have matching academic qualifications when looking for a wife, unless they decide on their own.

Of course, Yu Chengwan didn't say anything. It was just a test, and it would hurt his feelings to say it.

Yu Chengwan left Lin Zhichao's office with satisfaction. In the past, when he was speculating in real estate, he would sum up some useful confidence from Lin Zhichao's mouth. This method has always been tried and tested. For example, if he knew that there would be no real estate sales for Cheung Kong Holdings in the future, he would sell some properties to avoid risks.

As a result, he guessed correctly. In 1957 and 1964, he sold some properties, and the results were all at high points. Even in 1967, he bucked the trend and bought the bottom. Although he didn't buy much at the bottom, his wealth increased a lot.

What a blessing in life to have such a friend!

"Hey, can we sell some properties now?"

"Okay, it's okay to spend less. Anyway, I plan to buy commercial buildings in the future and sell off scattered properties."

Soon, Yu Chengwan found another trick from Lin Zhichao's remarks today. Also, he also has stock investments and is preparing to sell some of them gradually.

January 29, Monday.

The Hang Seng Index has climbed to 1,200 points. Compared with 900 points at the end of last year, the Hang Seng Index has increased by 300 points in a single month, which is extremely crazy.

Lin Zhichao saw this and quickly made arrangements. After all, it’s such a good opportunity, how long will it take if you don’t cash out?

He was the first to call Zhou Fuzhao and said, "What is the value of Changshi Group's stock holdings?"

Zhou Fuzhao said: "With around HK$220 million, stocks such as Hopewell Properties and Sun Hung Kai Properties have more than doubled, and others have also nearly doubled."

When the shares were exchanged with Sun Hung Kai Properties and Hopewell Properties, the market value of the two companies had doubled, and now it has more than doubled, that is, it has risen to nearly five times.

Cheung Kong Holdings' shares have reached HK$8.2 billion, once again exceeding Land's market value by more than a billion (after Land completed its acquisition of the dairy company, its market value fell).

"After counting the number of investment stocks in the group, they will be sold in batches within 25 trading days, and no shares will be retained in the end."

Zhou Fuzhao immediately said: "Okay, I'll do it right away."

He also had another thought in his mind, that is, the stocks he invested in could also be cleared out.

Before he could finish his thoughts, Lin Zhichao had already said: "Let's communicate internally. It's time to sell the bonus stocks that were awarded to you. Stop being greedy!"

Zhou Fuzhao said quickly: "Okay, I will communicate well with everyone."

For core executives like him, the initial purchase amount was HK$1.5 million, which has now increased nearly five times, and the sales amount is HK$6 to 7 million, equivalent to ten years of their salary. Other high-level executives also had salaries ranging from 500,000 to 1 million, and now they are still millions of Hong Kong dollars.

Obviously, this big gift package from the boss allows veterans like us to easily live the lives of multi-millionaires after retirement. It also confirms what the boss said - if I make 100 million, I definitely want everyone to make 1 million.

In fact, Lin Zhichao values ​​these veterans very much. Even after they retire, they will continue to contribute to the Lin family - either joining the advisory team or joining private investment companies to continue working for a few years. In short, if the body allows it, true retirement is considered at the age of seventy, or even seventy-five, but the subsequent work will be easier.

After Zhou Fuzhao left, Chen Zhiyuan from Victoria Harbor Real Estate also came to the office. He was not an employee of Cheung Kong Group, but there was no problem entering Lin Zhichao's office. After all, many people knew him.

"What is the total market value of stocks?"

"It has reached 1.2 billion Hong Kong dollars!"

Lin Zhichao was slightly distracted. He originally only wanted to earn 700-800 million, but in the end he earned more and more.

"The cash will be cashed out in batches immediately, and all cash will be cashed out within 30 working days."

"Well, the daily transaction volume is now more than 500 million Hong Kong dollars, so one-tenth of the quota will not have much impact."

Lin Zhichao smiled and said: "Don't be afraid of the impact. I'm prepared to make less money, and those stocks don't listen to me. Also, sell the Changshi stocks in your hands as soon as possible. Don't be greedy."

Chen Zhiyuan was originally a senior executive of Cheung Kong and was assigned to Victoria Harbor Real Estate on the eve of its listing. Lin Zhichao arranged for him to purchase shares of Cheung Kong Group on the first day and gave him a check of HKD 300,000 as compensation.

In this wave of benefits, a total of sixteen senior executives received bonuses. In fact, the senior executives all participated, and the middle and low-level executives naturally did not receive them.

"Well, thank you boss for your advice!" Chen Zhiyuan said gratefully.

"Under normal circumstances, I don't want to impose my judgment on you. It's up to you to decide when to sell. But this time it's really crazy. The Hong Kong stock market is afraid of a big collapse. You senior executives are all over fifty years old. I I also hope that in ten years’ time, you will be able to retire with a rich net worth.”

"The boss is so kind to us veterans. The money I make with you for a lifetime is equivalent to the money I made for ten lifetimes in other companies. Everyone is always grateful for your kindness!" Chen Zhiyuan said excitedly.

Lin Zhichao waved his hand and said: "My company is ten times as good as others. What's wrong with everyone who can do more work? Okay, let's go do the work. I don't know how many people have been killed in this wave!"

"Okay, then I'll get busy!"

Chen Zhiyuan's heart trembled and he realized the seriousness of the matter. But if you think about it carefully, the boss really advised everyone sincerely last time, but it still attracted a lot of scolding. In fact, his personal stocks have also been sold off after the 15th.

After Chen Zhiyuan leaves.

Lin Zhichao calculated it and found that there is no problem that Cheung Kong Group has made 150 million in the stock market this time (250 million will be withdrawn). Next month, Cheung Kong Group will sell new shares in London to raise 100 million Hong Kong dollars.

After this series of operations, Cheung Kong Group held more than 300 million Hong Kong dollars in cash, not counting the profit in 1973. Such a huge cash flow will naturally prepare for subsequent development.

After the Spring Festival, the Hong Kong stock market was extremely prosperous. Since 1973 happened to be the Year of the Ox in the Chinese Year, the Hang Seng Index rose on the first trading day of the year.

On the Friday of the first week of the Lunar New Year (February 9), HSBC announced a final dividend: HK$3.75 per share, and one bonus share for every five shares; secondly, the bank has decided to 'split large shares into small shares' ——That is, every large share is split into 10 small shares to improve the liquidity of the stock.

As soon as the news came out, the Hang Seng Index soared 180 points that year, from 1321 points to 1507 points, with a premium of 14%, setting a new record.

Adding fuel to the fire

HSBC’s move is undoubtedly.

Of course, Yangtze River Industrial Group is also holding high-level meetings to discuss dividends.

As the deputy general manager, Huang Changhong was the first to suggest: "I suggest that we also follow the example of HSBC. Of course, we must reduce the cash dividend distribution. It should not exceed 50 cents per share. The second step is to get 1 bonus share for every share and then split 5 shares for each share."

One bonus share is given for every share, and then each share is split into 5 shares, which actually increases the share capital by 10 times. In this way, the share capital of Yangtze River Industrial Group will be 519 million shares. Of course, this does not include the equity that will be listed in London. The listing there is not bad, and it only raises 100 million. For the Cheung Kong Group, which has more than 9 billion, it is just a drizzle.

As the financial manager, Zhou Fuzhao quickly gave a specific plan and said: "If each share is divided into 0.5 Hong Kong dollars, then 26 million Hong Kong dollars will be distributed. This is only half-year interest distribution. Calculated based on the profit of 150 million for this fiscal year, it is already a little more than 30% cash dividends”

Lin Zhichao finally said: "It's just a cash dividend of 50.2 cents. There is no need to be stingy in this regard. As a listed company, we have to pay dividends every year to tell our shareholders what value investment is!"

It is not unacceptable to pay one-third of profits as dividends every year, especially since Cheung Kong Group's debt is not high. Lin Zhichao also hopes to pay out at least 20% of profits as cash dividends every year.

Later generations of Hong Kong investors enthusiastically pursued HSBC shares, claiming to be buying pension funds. From the moment Lin Zhichao went public, he also decided to create higher wealth for shareholders. So naturally, Cheung Kong Group still has to develop overseas and cannot limit itself to Hong Kong.

Today, Cheung Kong Holdings also has certain investments overseas, such as Raffles City and Daimaru Department Store in Singapore.

The meeting was quickly decided and preparations were made for a board meeting, which was really just a formality.

In the new week, the United States announced that it would devalue the U.S. dollar by 10%, and the Hong Kong government announced that it would maintain the exchange rate at 5.65 (the Hong Kong dollar has been pegged to the U.S. dollar and decoupled from the pound), but the stock market only fell slightly. Later, the Hong Kong government announced plans to build an underground railway to improve the overloaded transportation system, and the sentiment of stock investors was once again pushed to a high point.

In the last week of February, the stock market was extremely strong, with the Hang Seng Index rising sharply every day.

If you want people to perish, make them crazy first. This is a true portrayal.

As of the last day of February, the Hang Seng Index had reached 1,700 points.

In the evening, Lin Zhichao made an appointment with Zhao Yazhi to have dinner at the Miramar Hotel.

Zhao Yazhi, who has been developed by Lin Zhichao for half a year, has a mature flavor and is becoming more and more beautiful.

At the same time, Zhao Yazhi kept talking about the stock market during the dinner, which made people laugh. The nineteen-year-old girl has already cultivated a money addict.

"Brother Chao, do you know how much money we already have in the stock market? 15 million! You are really amazing. It only took you half a year to turn 2 million into 15 million, while the Hang Seng Index only rose 2.5 times."

Dairy Milk Company increased by 2.5 times, Hopewell Sun Hung Kai increased by 2.5 times, which adds up to 6 times; during this period, it also joined the Hong Kong Antenna, making a net profit of 3 million, which increased ten times.

It was as if Lin Zhichao regarded Zhao Yazhi's investment company as his own trumpet and was having a great time.

"It's time to leave tomorrow, otherwise it will be difficult to leave!" Lin Zhichao said casually.

In fact, it is not difficult to walk. As long as you walk decisively, there will be no problem. After all, there are still points above 1,700 before entering the market!

According to this trend, 1800 points can be exceeded.

Zhao Yazhi said in surprise: "Brother Chao means to clear out all stocks tomorrow?"

Lin Zhichao said: "There's no need to be in such a hurry. Just clear it all out in three days. Don't leave any part behind."

Zhao Yazhi patted her chest with relief and said, "I can finally sell it!"

Lin Zhichao said amusedly: "Are you willing to do so?"

Zhao Yazhi said: "Of course I'm willing to give it up. I wanted to sell it out a long time ago, so as not to lose sleep every day. You see, the dark circles are almost coming out of my eyes." After saying that, Zhao Yazhi came to Lin Zhichao and came closer.

Lin Zhichao knew that this woman was making a fool of herself. The naughty little girl made him feel a lot younger.

"Go get the flight attendant uniform and put it on in front of me!" Lin Zhichao quickly decided to have a good release tonight.

Zhao Yazhi said with a hint of coquettishness: "Just thinking about that, you can't talk to me more!"

Lin Zhichao smiled and said: "You can talk while playing, and it will be so fun!"

Hearing this, Zhao Yazhi shyly turned around to get her clothes.

After a while, Lin Zhichao sat on the sofa, and Zhao Yazhi took out the stewardess's clothes and slowly took them off.

What a perfect figure, white and delicate, skin like gelatin, youthful and energetic!

In fact, Zhao Yazhi still has a shortcoming for Lin Zhichao - that is, there is no obvious recognition.

What is recognition?

First of all, let’s talk about the unrecognizable beauties, such as those Internet celebrities in later generations, who use the Internet to beautify themselves and are produced on an assembly line. Some Internet celebrities even use beauty makeup, as if they are wearing a mask on their face, which is indescribably weird. However, there are still many netizens who talk about beauties as if they have never seen beauties before.

If we talk about recognizable beauties, Lin Zhichao prefers the "heroic" Brigitte Lin, the "charming" Rosamund Kwan, and the "mixed-race beauty" Michelle Reis

Zhao Yazhi did lose a bit, but it didn't matter. This woman was anti-aging, and Lin Zhichao was not a very heartless person, so he would leave her a lover.

As for why they dumped those lovers in Japan, the reason couldn't be simpler, because they didn't take it into consideration.

"Do they look good? Japanese airline stewardesses don't wear these black stockings, but I know you like them, so I specially matched them. Is there anything wrong with them?" Zhao Yazhi asked eagerly, turning her body.

She longs to be praised by this man!

"very good!"

Lin Zhichao leaned on the sofa, his meaning self-evident.