The birth of the Hong Kong Island family
Chapter 571 [Upgrade security level]
In the private room of Shangri-La Hotel Group, Lin Zhichao, Lin Ruijiang and his son hosted a banquet for Yuan Tianfan.
In Hong Kong, Lin Zhichao was known as a 'courteous corporal' and 'cherishing talents', so even though Yuan Tianfan had never worked for the Lin family, he had always been taken care of by Lin Zhichao.
"Lin Sheng, congratulations, you have added a great general to your team, and you have added Bahrain Bank, which has a history of more than 200 years, to your team!" Yuan Tianfan congratulated.
To be honest, the Hong Kong business community did not understand Lin Zhichao's acquisition at first. For example, when they acquired Hang Lung Bank and Overseas Trust Bank, they were both companies that were on the verge of bankruptcy. Who among the Chinese businessmen in Hong Kong would acquire such companies? Only Lin Zhichao won the two companies one after another, and one thing was proved afterwards. Lin Zhichao's acquisition of two banks was very cost-effective. He lacked financial investment channels, and these two banks also quickly completed their magnificent turnaround under Lin Zhichao's leadership.
When abilities and platforms can be combined together, they become invincible!
Therefore, many people are also analyzing the acquisition of Barings Bank - whether Lin Zhichao values Bahrain Bank's overseas investment banking business channels, so he injected more than one billion US dollars into Barings Bank.
Of course it is!
After the acquisition of Barings Bank, Lin Zhichao personally took charge, and then invited experts to clean up the management loopholes within Barings Bank and sum up experience. At the same time, he stabilized those fund customers, and ultimately all 30 billion U.S. dollars of management funds were saved. Finally, he arranged for the management of Barings Bank to enter commercial real estate investment, telecommunications stocks and other investments in Europe and the United States.
After some operations, Lin Zhichao quickly gained the trust of Barings Bank's management and temporarily stabilized Barings Bank.
The Octopus Financial Group has also made adjustments - Lin Benfeng serves as the group president, Sanders serves as the president of Hengfeng Bank, and the president of Bahrain Bank is promoted from within.
At this time, Octopus Financial Group has actually formed two major businesses: commercial banking and investment banking; as for securities investment, Hengfeng Bank and Bahrain Bank are both doing it.
Finally, there is the insurance industry, which has not really entered the industry yet.
Lin Zhichao smiled and said: "So, there is always a feeling that there is not enough talent!"
Yuan Tianfan responded readily: "Lin Sheng loves talents and cherishes them. Talents are always surrounding you. You have too many generals under your command!"
In his opinion, the Lin family has not only attracted a large number of talents, but the "Lin family's five dragons and two phoenixes" are the real dragons and phoenixes among people. Each of them takes charge of one side and forms a huge business consortium.
As far as Lin Ruijiang is concerned, after taking charge of the Yangtze River Industrial Group, his performance is not inferior to that of his father - relying on the mainland and Hong Kong, he developed science and technology, developed VCD and sold it well, led the company to develop mobile phones and mass-produced them, and jointly owned home appliances. The company has grown and grown to become a world gaming giant, and every performance has proven that its leadership is worthy of succeeding the Yangtze River Industrial Group.
Lin Zhichao said: "It's too much, not too much! Tianfan, I won't beat around the bush. Ruijiang wants to be a technology tycoon, but there is still a lack of talent around him, so I want to invite you to come to Yangtze River Industry Group as the vice president."
Lin Ruijiang nodded, his eyes showing a sign of attraction.
Yuan Tianfan immediately said: "Lin Sheng and Xiao Linsheng, the Yangtze River Industrial Group has perfect talents. The two vice presidents are also in charge of traditional manufacturing, and the other assists Xiao Linsheng in developing high technology. Moreover, I am also the president of Haiyu Asia and work in Develop the insurance industry.”
Lin Zhichao said: "I have always been paying attention to the situation between you and Cai Shiliang. Cai Shiliang is a veteran, he will not really retire and give up power to you, and your conflict has already broken out, why do you need to get stuck in the quagmire! You come Help Ruijiang, we have new technology investments here, namely telecommunications and the Internet."
"Telecommunication?" Yuan Tianfan became confused.
Isn’t Hutchison Telecommunications a telecommunications company? Will Cheung Kong Industrial Group develop telecommunications? Isn't this just trying to steal business from yourself?
Lin Ruijiang took over from his father and said: "This is what I think. The British Cable and Telegraph Company will not always hold Hong Kong Telecom, so the possibility of letting it go after 1997 is very high."
Yuan Tianfan was surprised. Each of the Lins and his son were very scheming, and they were already planning long-term things.
"Hong Kong Telecom is very valuable!"
The implication is that it cannot be purchased with cash. Although Lin has money, this is not how he spends it.
Lin Ruijiang smiled and said: "So before that, we need to invest in an independent technology investment company. There is a wave of Internet development in the United States. I plan to invest. You can sell the equity of Haiyu Asia to Octopus Financial Group, and then defeat "Cai Shiliang"
After Yuan Tianfan heard this, his heart suddenly became excited!
Lin Zhichao's five sons are all board members of Octopus Financial Group, and each son personally holds 10%; Victoria Harbor Investments accounts for the remaining 30%, and the family office accounts for 20%.
When Octopus Financial Group acquired Haiyu Asia, in addition to buying the equity in Yuan Tianfan's hands, Haiyu Asia was also the major shareholder of Pengli Insurance, so it just entered the insurance industry.
As for Yuan Tianfan, it would be better to assist Lin Ruijiang in developing high-tech undertakings!
"Lin Sheng, Xiao Linsheng, I will think about this matter carefully and give you an answer later. Don't worry, if I want to work, I will only work for you!"
Finally, Yuan Tianfan said firmly.
"Okay, we are waiting for your news! No matter what you choose, we are all good friends!"
After separating from Yuan Tianfan, the father and son found a place to drink tea.
"Yahoo, after we invested in the second round of venture capital, we have entered a money-burning mode. I believe that the third round of financing will be launched soon. I have asked Zou Kaixuan to pay attention. At that time, you will use the name of Yangtze River Industrial Investment Fund. Spend $100 million to get higher shares!”
Lin Ruijiang couldn't help but be surprised!
"Such a high investment?"
"This is the Internet. All Internet companies will enter a money-burning mode to occupy the market. But the rewards will be huge in the future."
In February, Zou Kaixuan contacted Yang Zhiyuan, and then introduced the "Yangtze River Industrial Fund" managed by Lin Ruijiang to conduct a second round of venture capital investment in Yahoo - with a valuation of US$40 million, and an investment of US$5 million to obtain 12.5% of the equity.
With the investment from the Yangtze River Industrial Fund, Yahoo immediately launched a cash-burning mode, so it will launch a third round of venture capital this year, and it will be listed next year.
"Okay, I understand!"
Lin Zhichao nodded with satisfaction. Lin Ruijiang was engaged in industry. He didn't know whether the future of the Internet was really that good, but he trusted his father.
The reason why Lin Zhichao arranged for Lin Ruijiang to invest in Yahoo was actually to prepare for him to take over Hong Kong Telecom in the future.
In his previous life, Li Zekai took over Hong Kong Telecom, but it soon became a burden - the telecommunications bubble burst, so Li Jiacheng had to step in to solve the problem.
Although the financial strength of Yangtze River Industry Group is sufficient, Lin Zhichao adds another strength to Lin Ruijiang, that is, the major shareholder of Yahoo.
How can we develop high-tech undertakings without money?
In July, a "conflict" broke out in the Hong Kong property market - a sales war broke out between the two companies Cheung Kong and Henderson.
First, Henderson announced that it was carefully preparing to sell 248 residential units at HK$4,100 per square foot, and offered many preferential conditions, such as getting gold for buying a house and only requiring a 10% mortgage. It also hired famous designer Xiao Hongsheng to launch eight decorations for buyers. Choose arbitrarily, the cheapest one is only more than 40,000 yuan for a unit. Each of the eight models has its own characteristics, and the most expensive one is not outrageously expensive, making it easy for buyers to accept and be happy.
However, Lin Ruihuan of Cheung Kong Group learned the news from the media at the first time, and quickly took targeted measures - he called multiple media that night and said that he would fax the pricing of the Bayshore Garden opposite Newport City to everyone. Media, the price per square foot is NT$4,040, which is NT$60 lower than the average property price in Sunshine City.
Originally, Cheung Kong had not launched new units so quickly. However, I was worried that most of the buyers who wanted to buy property in Ma On Shan would be snatched away by Henderson, so I quickly asked the famous designer Gao Wen'an to supervise the design and decoration of the demonstration unit, so that it could be opened to visitors in two days. Time is too short, and the show unit is not a real building, but a model.
Then the official drama began, with the management of both parties engaging in a war of words in the media. Both said that their own residential units were superior to the other's.
Finally, Cheung Kong Group used its trump card - it announced that the price of Bayshore Garden starts at only HK$3,250 per square foot!
Henderson was suddenly unable to follow up and could only watch as Maanshan customers (with many agents) were snatched away by Changshi.
Lin Zhichao did not participate in these matters, but they had a great influence.
The biggest impact is that the Hong Kong property market has entered a "bad market" stage, and other real estate developers have complained!
In the end, with the help of major real estate developers, Cheung Kong and Henderson also agreed not to "bumper the market" in the future.
The top floor office of the Yangtze River Group Center.
Lin Zhichao looked at the news in the newspaper and didn't take it to heart. He doesn't interfere in small matters now.
For example, this time, if it were him who was in charge of the "bad market", there would be no need to fight against Henderson. The real estate situation would improve in the fourth quarter of this year. Next year (1996) will be another year of great real estate growth. Why bother? Worried about Maanshan users being robbed.
However, with the development of Cheung Kong Group to this day, although the profit from developing real estate is still the main business, it is no longer an absolute business; therefore, Lin Zhichao still let Lin Ruihuan and other senior executives operate on their own without interference.
There is a certain reason why goods are rotating, not to mention that the price may seem to be reduced a lot, but it is cheaper to get the goods, so it doesn't matter!
"Dad, our fifth Raffles City shopping mall in the United States has opened, and the customer flow is very good," Lin Ruihuan walked in and reported.
He is a very busy man now, traveling all over the world!
Today's Changshi Group has operations in dozens of countries. As the vice chairman and president of the group, Lin Ruihuan has actually fully managed the company, while Lin Zhichao is more of a consultant.
Lin Zhichao said with satisfaction: "Very good. In the field of commercial real estate, retail commercial real estate is the most difficult to achieve the best, and retail commercial real estate is divided into three types - shopping malls, metropolitan areas, and outlets. We can do the best in the United States." The success of five shopping malls shows that our management experience in the field of retail commercial real estate has adapted to global development, and we can continue to operate steadily in the future."
Lin Ruihuan nodded and said, "Well, we are also operating the Canary Wharf shopping mall. It is the first step into European retail business!"
Lin Zhichao said: "Well, you can consider acquiring shopping malls in London. When the time is right, then develop large shopping malls!"
Lin Ruihuan understood that his father's ambition was very great, so he naturally believed in his father and said, "Okay, we and the others will find a suitable goal!"
Lin Zhichao added: "Local employees have the advantages of local employees, but at the same time, our corporate model and management experience must be recognized by them."
Lin Ruihuan nodded and said: "We have been developing in the United States for many years and already have a mature management team. The main body is local talents, but the headquarters has also strengthened management."
The father and son chatted for a while, which was considered communication.
Finally, Lin Zhichao said: "I have an appointment with Li Junxia tonight, you go with me!"
Lin Ruihuan was stunned for a moment, and then said: "Former Commissioner of Police?"
Lin Zhichao nodded and said, "Well, I plan to reorganize the family's security company and strengthen everyone's security work. You brothers should pay attention to this matter."
Lin Ruihuan said steadily: "Okay, no problem!"
Their father would not suddenly rectify the family's security company based on unfounded rumors. In their minds, their father had the ability to predict the unknown, so there must be some omen.
That evening, Lin Zhichao and his son and Li Junxia had a banquet at the Shangri-La Hotel.
Li Junxia was the Commissioner of Police from 1989 to 1994 and is currently retired at home (born in 1937).
Lin Zhichao's family has always had a security team, but Lin Zhichao felt that it was not enough and needed a "sophisticated" person like Li Junxia to be the general counsel.
Li Junxia can be the Commissioner of Police. His thinking, experience, etc. are definitely better than some professionals; and he is a local and more familiar with what may happen.
During the dinner, Lin Zhichao also said bluntly: "Li Sheng, I want to strengthen the family's security force, so I would like to ask you to organize a better security team for me, and at the same time strengthen the safety of me and my family!"
Li Junxia was stunned and said on the spot: "Lin Sheng, your family's security force has always been famous. Why do you need a retired person like me at this time?"
Lin Zhichao said: "I always like to prepare for rainy days. The kings of thieves in Hong Kong are replaced by new generations, and their tricks are endless. At first they rob a jewelry store, then they rob a cash transport truck, and what will happen in the end is all predictable. So, I would like to invite you You, the local police commissioner with rich experience and understanding of these thieves, come and help me."
Li Junxia suddenly realized that this person was really prepared for a rainy day, and of course it was very likely to happen.
Immediately, he said: "Since Lin Sheng and Xiao Linsheng have kindly invited me, I am happy to serve. It is an honor for me to have such a job after I retire!"
Lin Zhichao smiled and said: "We should be relying on you! To be honest, I don't care about money. The main thing is that if there is an accident, it is out of control, and sometimes money may not be useful!"
Li Junxia nodded. Wang Dehui is the best example. His wife refused to pay and was thrown into the sea in the end.
"Don't worry, Lin Sheng. I will do my best to solve this worry for you! I just thought that local security can easily be incited to rebel. We should use more Kongkha soldiers to form bodyguards. They have received military training and understand English, but they cannot speak Chinese. The loyalty is very famous. As for the driver, you can use local security and know the terrain well."
After hearing Li Junxia's suggestion, Lin Zhichao said happily: "This is true. We also have some Kongkha soldiers in our security. Okay, this matter will be handled by you after you take office."
The annual salary was not discussed, but Li Junxia understood that Lin Zhichao was known as a 'good boss', so he would not treat him badly.
After the party with Li Junxia, Lin Zhichao said to Lin Ruihuan: "Having a good security team can make us feel at ease."
Lin Ruihuan nodded and continued: "No wonder, my father suddenly asked your grandchildren to study abroad as much as possible this year!"
Lin Zhichao said: "That's the reason! Often when it's time to take over, social security may get even worse. Of course, your brothers shouldn't tell them these things, lest they worry!"
"I see!"
As long as the five sons know, it doesn’t matter to the others!
Lin Zhichao doesn't care about the 1 billion Hong Kong dollars, but cares about face. Lin's kidnapping is not acceptable, and it will be troublesome if he leaves some bad memories for his descendants. (End of chapter)
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