The birth of the Hong Kong Island family
Chapter 485 [Two generations gather together]
Late January.
In the conference room of Changshi Group, Lin Zhichao and the senior executives were having a meeting.
Huang Changhong is already semi-retired and only retains the position of director of Cheung Kong Group and did not attend this meeting.
In this way, Lin Ruihuan became the second-in-command (deputy managing director) of Cheung Kong Group and the "top-in-command" in actual management, because Lin Zhichao did not much manage the company's small and medium-sized affairs.
Under Lin Ruihuan were senior executives such as Mai Lisi, Zhou Fuzhao, Hu Zhaoxu, Zhou Huai'an, etc. Everyone sat in high spirits.
So many companies in Hong Kong have suffered, but only Cheung Kong Group has tens of billions of cash flows (including London stocks) and can advance and retreat freely.
“How is Hutchison Whampoa’s holding going?”
Veteran Zhou Fuzhao said: "It has been successfully completed. A total of 8% of the equity was purchased at a cost of HK$275 million. Currently, Cheung Kong Group holds 55.2% of Hutchison Whampoa's equity."
Lin Zhichao nodded with satisfaction. After this battle, Cheung Kong Group's control over Hutchison Whampoa was rock solid. And in the past twenty days, he, Ma Shimin, and Mai Lisi have also taken control of all the management of Hutchison Whampoa, and also the entire Hutchison Whampoa.
These foreign management officials say that what they are pursuing is nothing more than to avoid unemployment. How can they really be in the same camp as Richard and the three of them? What's more, everyone's admiration for Lin Zhichao is real. The original exclusion of senior Chinese employees was just a plan by Richard Richard, Xia Boyin and others.
"The current real estate downturn is a good time to arrange purchases. If there are suitable land and properties, you can choose to purchase them. Secondly, the development of Hong Kong Island and Kowloon has been saturated, and it will definitely develop towards the New Territories in the future, so the land exchange rights letter Land in the New Territories and the New Territories can also be purchased; luxury land is also an asset with greater potential for appreciation in the future. However, considering our financial strength, we must pay attention to the intensity of the purchase and not cause a market sensation."
Everyone nodded in agreement!
Lin Zhichao continued: "The construction of Yangtze River Plaza can also be scheduled to start this year. The worse the economic downturn, the lower our construction costs will be. After the construction is completed, we can coincide with a strong economy."
Everyone admires the courage of their bosses. For example, Land and Land has stopped many projects, but Cheung Kong Group has started construction of "Changjiang Plaza" instead.
Immediately, Lin Ruihuan made a work report: "The drawings of Yangtze River Plaza have been released. If construction starts this year, it is expected to be completed in six years. The total construction cost is about 2.6 billion Hong Kong dollars, including the huge decoration cost of the hotel. After completion, it can provide 800,000 square meters. It is a super shopping mall with a total of 5.2 million square feet of commercial floor space."
When everyone heard about this big project, they couldn't help but marvel.
The entire Admiralty, to put it bluntly, is the fiefdom of the ‘Lin Family’, including the commercial area on the north side. The Lin Family has a total of 10 million square feet of commercial floor space in Admiralty, forming a business kingdom.
What is the concept of 10 million square feet? In the previous life, Wharf Group had only 9.5 million square feet of commercial area when it was fully developed (completed the Harbor City reconstruction project, Times Square, and invested in Diamond Hill Land King).
Lin Zhichao nodded and said, "Let's start construction as soon as possible. We have been preparing for many years!"
Lin Ruihuan replied: "Okay, I'll organize it right away!"
Next, Lin Zhichao announced another shocking news: "Changshi Group has tens of billions of cash flows and stocks, so I decided to invest in the real estate industry in Japan and set up a special project later to coordinate with my work."
You can go to Japan in advance to hunt for bargains!
Even Lin Zhichao's private investment company, Victoria Harbor Investment, is also preparing to invest heavily in Japanese securities and real estate.
Lin Ruihuan said: "Okay. Chairman, the Exchange Plaza in Land's hands?"
This guy is still thinking about Land's property!
Lin Zhichao smiled and said: "It's not necessary to buy it, so don't worry about it! What's more, we have funds that can be obtained at any time. It can be said that many places are now a good time to invest, even if the debt is more, because there is no problem .”
Everyone couldn't help but feel that everyone was talking about the economic crisis, but his boss said that there were opportunities everywhere. Everyone's views were really different! However, they also understand that the boss has never failed to judge this situation along the way.
In the afternoon, Lin Zhichao came to Hutchison Whampoa again and discussed with Ma Shimin and Malisi in the office.
Melis serves as a director of both companies, and his specific work is more about government affairs than investment. But no matter what, he is equivalent to Lin Zhichao's butler and has won Lin Zhichao's trust.
After Huang Changhong retired, Lin Ruihuan took his place, and Mai Lisi was equivalent to the de facto "second in command". Currently, Lin Zhichao doesn't let Lin Ruihuan worry about Hutchison Whampoa's affairs because he is worried about his work attitude and he will be too busy.
So the work of Hutchison Whampoa was actually done by Ma Shimin and Meilisi. Of course, a senior executive named "Jonas" was promoted to the business director.
"This year, Hutchison Whampoa's work will be to privatize its four listed companies and discuss the purchase of several important assets from Land." Lin Zhichao first said.
Hutchison Whampoa's impact in this crisis was not very great. After all, there was no real estate or financial investment. A more optimistic prediction is that Hutchison Whampoa's profits will exceed HK$1 billion this year, or even reach HK$1.5 billion, because once its four listed companies are privatized, their profits will be calculated in the hands of Hutchison Whampoa.
In the same way, Hutchison Whampoa's market value will naturally increase accordingly.
Ma Shimin said: "Hutchison Whampoa's account only has 2.6 billion Hong Kong dollars (converted, some are US dollar accounts). If it is privatized in cash, it will consume a lot of financial strength. I suggest part of it be exchanged for shares. After all, the value of Hong Kong Electric , still around HK$3 billion."
He is most optimistic about Hong Kong Electric. As for Dairy Farm International and Wellcome, Land may not be willing to part with it. After all, these assets have been acquired for a long time.
Lin Zhichao said: "No problem, you can decide according to the situation! Cheung Kong Group's increase in Hutchison Whampoa is only needed for a certain period of time, and there is no specific reason."
Dilution is dilution, and it will not be less than 45%, not to mention that Cheung Kong Group can also increase its holdings.
Ma Shimin asked curiously: "What is the attitude of Sir Lin, Newbijian and Bao Fuda?"
Lin Zhichao said with a smile: "It is difficult for them to make the decision to cut off their wrists. After all, it means they admit their mistakes. However, the Keswick family is seizing power. Not surprisingly, it will happen in the first half of this year. By then, Land will also have its biggest financial crisis. I believe Simon Keswick will hand over HK Electric."
He is polite before fighting, and he will definitely cause trouble for Land!
Ma Shimin said: "That makes sense! Hong Kong Electric has greater patent rights than Hong Kong Telephone Company, and it is naturally Hutchison Whampoa's primary asset."
Next, Lin Zhichao said: "There are only 20 days until the Chinese New Year, and the Chinese will make big purchases. So I plan to let Parknshop Supermarket conduct an unprecedented event, vigorously advertise in the media, and ignite the war of big sales." The intensity of the price reduction does not need to be too great, but the time can be tentatively set to half a year.”
Parknshop and Wellcome are already the largest supermarket groups in Hong Kong. The third place has basically no sense of existence. Only two companies can be considered giants. Therefore, the two families are also 'sworn enemies'. From the day they coexisted, both sides wanted to defeat their opponents and dominate Hong Kong.
This month, among the assets that Li Yeguang expressed interest in was Wellcome Supermarket.
Ma Shimin's eyes lit up and he said: "While Land Land is heavily in debt, we took the initiative to provoke a war. Even if Wellcome Supermarket goes all out, Land Land will be even worse. At the same time, we can increase the number of customers and figure out that other small and medium-sized supermarkets are trapped in Difficulties are ebbing and flowing, and as long as PARKnSHOP succeeds in this wave, it will be able to dominate Hong Kong."
Lin Zhichao nodded and said: "That's the reason! There is no monopoly law in Hong Kong, so there is no need to worry. But one thing is that the Hong Kong dollar is depreciating. I think the worst case scenario will reach 8, so you should pay attention to this aspect. In addition In addition, the depreciation of the Hong Kong dollar can cause panic buying of supplies, which is expected to occur around the middle of the year. You can also stock supplies appropriately. In this way, we actually avoid the cost of discounts!"
Ma Shimin and Meris couldn't help but admire him. This tycoon's vision and knowledge were definitely unparalleled by anyone in the world.
It is a fact that the Hong Kong dollar has depreciated, but who dares to say that it will depreciate so much!
And panic buying of supplies is entirely possible when the Hong Kong dollar depreciates sharply.
The three of them talked about a lot of things and quickly decided on Hutchison Whampoa's overall policy.
On the endless sea, the Rising Sun superyacht is docked on the sea.
On the deck, there was a peaceful atmosphere, and the three seniors Tang Caiyun, Xu Caiying, and Audrey Hepburn were talking and laughing with the three juniors Zhao Yazhi, Lin Qingxia, and Guan Jiahui.
Lin Zhichao sat on a chair, holding a glass of red wine, and felt a sense of accomplishment in his heart. Since the last time Tang Caiyun and Xu Caiying went to the Island Road Villa to meet their husband's three lovers, they decided to 'turn enemies into friends' and include them in their relationship circle.
No, on the eve of Audrey Hepburn’s Spring Festival holiday in Hong Kong, everyone arranged to go on vacation on a super yacht.
Zhao Yazhi: "Sister Yun, you are too young. Your skin is better than that of a girl!"
Tang Caiyun: "You will be the same in the future. I don't believe you don't feel it!"
Lin Zhichao listened not far away and laughed loudly: "My credit!"
Everyone looked at him shyly, knowing in their hearts that they were just embarrassed to say it.
"Husband, take photos for us. Isn't this your hobby?" Tang Caiyun said not far away.
Lin Zhichao immediately stood up and walked in to get his camera to take pictures.
After a while, he came to the deck and said: "It's a pity that it's not summer, and the weather is not clear enough!"
Tang Caiyun smiled and said: "What's the pity? Now that we know each other, if you want to invite us out to play in the future, why won't everyone give you face?"
The girls laughed!
The young three girls thought to themselves, this big man is really easy to talk to and has a very big spirit.
"That makes sense!"
Later, he took a group photo of the six girls, and everyone was in a good mood!
In fact, everyone also understands that there is no interest in each other. Lin Zhichao's seven adult sons are already on their own and are Lin Zhichao's business helpers. It is only a matter of time before they inherit the company.
Since there is no stake, and Lin Zhichao is so strong and outstanding, of course they, as women, only want to obey men.
In fact, none of these women know that Lin Zhichao also has a fortune worth 90 to 100 billion Hong Kong dollars - Victoria Harbor Investment. Tang Caiyun, Xu Caiying, and Audrey Hepburn do not know the specific situation of Victoria Harbor Investment.
This part of the assets belongs to Lin Zhichao's trump card. His family will not be informed by lawyers and management until the day of his death.
As for the top ten companies - Cheung Kong Group, Cheung Kong Industries Group, Universal Group, Wharf Group, Media Group, Audrey Company, Audrey Investments, Uniqlo Enterprises, Shangri-La Hotel Group, Octopus Bank Group.
Nine companies are inherited by Lin Zhichao's seven sons and two daughters. Of course, although Uniqlo and Shangri-La Hotel Group may be inherited by two daughters, they will definitely inherit less than one-third of the equity, and they will still be taken over by the third-generation grandson. As long as Lin Zhichao lives, he can complete the third-generation succession.
As for the tenth group company, Octopus Bank Group, Lin Zhichao plans to train it from the third generation, but the entire company is a "family business" and the leader is selected based on excellence.
Finally, as for women and children such as Zhao Yazhi, Lin Qingxia, and Guan Jiahui, they are only investment assets. In the future, they will be encouraged to start their own businesses, and their parents will provide financial support or manage the assets in their mother's name.
Back in the living room indoors, the girls were still chatting, seemingly showing a scene of unity intentionally or unintentionally. Of course, whether it was intentional or not, Lin Zhichao was very satisfied.
Lin Zhichao clapped his hands, and the six women were attracted. Then he said: "Come here, I will tell you a few words!"
Then the six girls came over with smiles, and everyone invited Tang Caiyun and Xu Caiying to both sides of Lin Zhichao, while Audrey was on Tang Caiyun's side. In this way, it is equivalent to Lin Zhichao and Tang Caiyun sitting in the middle, and Xu Caiying and Audrey sitting on both sides.
Zhao Yazhi, Lin Qingxia, and Guan Jiahui were sitting opposite, behaved.
Lin Zhichao said with satisfaction: "This is how life should be. Don't have too many ideas. The most important thing is to be happy. It can also make you younger!"
All the girls nodded, agreeing with this statement!
In fact, everyone couldn't live without Lin Zhichao and made a compromise.
"Our family has basically been established. The seven sons and two daughters in front of me have been cultivated and are about to take over my career. Of course, I will always protect them. As for the children in the back, because they are still young, they will not know how to do it even if they grow up. Enter the company I founded earlier. However, I will not treat these children badly. I will use investment methods to increase the wealth of the three of you. When the children grow up, you can support them to start a business, or inherit your own investment company. .”
"So, there is no conflict of interest, so feel free to interact with each other."
The six women have followed Lin Zhichao for a long time and know that Lin Zhichao is not just talking empty words, he is really good at investing.
As the principal wife, Tang Caiyun also said magnanimously: "Since I have followed this man, I will depend on him for everything. He is a really good man and has the right to enjoy it. So sisters, all we have to do is be obedient!" "
"Yes, sister!" the five girls said in unison.
Lin Zhichao was very satisfied with the generosity of his wife, and then said: "Okay, you make me happy, and I will make you beautiful until you grow old!"
The girls all smiled tacitly.
Especially the three girls from Zhao Linguan, after seeing the faces of their seniors just now, they were even more certain that Lin Zhichao did not lie to them.
On that day, two generations of women got together. In the end, everyone drank to their heart's content and spent the night resting on the super yacht.
Of course, Lin Zhichao would not have any evil thoughts. After all, if three people became a tiger, he could only be equally matched; if six people formed a team, he would have to stay away.
After this meeting, we can look for opportunities to form another team in the future, such as Audrey and Lin Qingxia, two acquaintances in the entertainment industry, forming an alliance, such as Tang Caiyun and Zhao Yazhi, two 'captains' forming an alliance, or Xu Caiying and Guan Jiahui, two 'beauties' forming an alliance. Form an alliance. (End of this chapter)
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