The Birth of the Hong Kong Island Family.

Chapter 432 [Reduction of ships and landing]

Repulse Bay Minghui Garden.

Lin Zhichao was watching TV with his arms around Zhao Yazhi, who was three months postpartum.At present, there are three television stations and two radio stations in Hong Kong, all of which are headquartered in Broadcasting Channel, so it is also called "Five Radio Stations".

Jiayi TV Station was launched in 1975. It was very vigorous from the beginning and produced many wonderful dramas and good shows. However, Lin Zhichao knew that Jiayi TV Station would stop broadcasting next year. It was not because of insufficient ratings, but because of excessive consumption. Several shareholders lack financial strength.Jiayi TV station stopped broadcasting, and TVB and Li's TV stations took advantage of it and accepted many entertainers from Jiayi TV station.

Lin Zhichao is not in a hurry to end his career. He has two insurances to enter the television industry. What is important is that once he enters the television industry, he will pursue a strategy of innovation, leadership, and global ambitions.

"Brother Chao, what are you thinking about?" Zhao Yazhi said lazily in his arms.

Their three-month-old son was carried into the bedroom by the servant, leaving the two of them to spend some time together today.The son of the two is called "Lin Gaoyuan". The middle generation does not use the generation of Lin Zhichao's ancestral home, but is passed down separately to differentiate.

After all, the subsequent children can be considered 'illegitimate children', and the wealth they inherit will not be from the company, but the family wealth that Lin Zhichao saved for them through their mother.

For example, Zhao Yazhi currently owns property assets worth more than 4000 million yuan, and by the early 80s, he was firmly a billionaire.

"I'm thinking about what I should reward you for giving birth to my son!" Lin Zhichao hugged Zhao Yazhi tightly and said, smelling the faint feminine fragrance.

Zhao Yazhi said happily: "Of course there is no need for rewards! You gave me so much wealth, and I gave birth to a son for you. It's just right!"

Lin Zhichao joked: "Isn't the child what you want?"

Seeing Lin Zhichao's expression, Zhao Yazhi immediately said coquettishly: "Brother Chao. Brother Chao, do you like Gao Yuan?" At the end of the sentence, she became a little nervous.

Lin Zhichao smiled and said: "I like him, but you know, I don't have the energy to teach him in the future. So, I have to leave this kind of thing to you. Just remember not to say bad things about me."

Zhao Yazhi immediately said seriously: "No way! I can only speak good things about his father, he is the most capable man in the world."

That's it!
I don’t ask for much respect and admiration from these children, but I ask for no resentment.

He will not give these children any more wealth, everything will be based on their mother's wealth.

"Okay, then I'd better reward an investment plan!"

"Thank you super brother."

When Zhao Yazhi heard that it was an investment plan, he was naturally not polite.

Lin Zhichao said: "At present, Delta Investment's debt ratio is almost zero, so it can borrow HK$1000 million through property mortgage. Then you ask the company's people to pay attention to Swire Properties. They should be selling the fourth phase of 'Taikoo Shing' recently and organize people to queue up. Rush to buy. In addition, if you still have funds, invest in the stocks of Sun Hung Kai and New World Development."

I don’t recommend buying your own company’s stocks, because Cheung Kong Group’s stocks maintain their value, but it’s also difficult for them to skyrocket.

Zhao Yazhi nodded quickly and said, "No problem, I will go to the company to make arrangements tomorrow."

Delta Investment already has a complete corporate structure, with a general manager, financial manager and other management. After all, a property worth more than 4000 million yuan is equivalent to a small company.The annual rent collected is about 300 million Hong Kong dollars.

In fact, one high-end residential unit currently costs nearly HK$30 (thousand square feet), which is more than 130 units.However, the properties that Delta invests in are not all residences, but also include offices, shops, etc.

Lin Zhichao asked Zhao Yazhi to buy the Taikoo Shing property because the appreciation of "large housing estates" was higher.

For example, the current price in Taikoo Shing is HK$300 per square foot, but in 1981 it was HK$1200 per square foot;

Ordinary residential buildings do not have such an increase. It is estimated to be about three times.

After chatting for a while, Lin Zhichao unbuttoned Zhao Yazhi.

"Wading in the water?"

Zhao Yazhi said coquettishly: "What do you mean, if you play with them so much, it will be even bigger now!" There was still pride in his eyes.

Lin Zhichao opened his palms.

"I like!"

In fact, it is a C-level size, but for Asians, this is already a natural level of plumpness.But after Lin Zhichao's training, these women have very good figures. They can be thin when they should be thin, and be fat when they should be. They are perfect figures.

Crown Land Auction.

Zhou Huaian led the senior management into the auction hall and immediately attracted attention.

In the past two years, the boss has not participated in the auction, and has entrusted deputy general manager Huang Changhong to take him with him. Therefore, he is a frequent visitor to the auction and is also Huang Changhong's deputy.

The real estate experts present saw that the Yangtze River Industrial Group did not even come to the core senior management, and only sent Zhou Huai'an, a second-generation senior leader. They sighed in their hearts - the Chinese real estate company 'Changshi' is currently the oldest large real estate company, with 40 years of experience. They became famous in Hong Kong in the late [-]s; at the same time, their minds became active. Today Huang Changhong did not come to the auction, only Zhou Huaian was sent. This is not unusual. It is possible that Cheung Kong Group wants to use this method to easily auction Find the land you like.

Real estate developer Zhong Jianghai smiled and came over to say hello: "Changshi Group usually does a lot of work when it comes to land acquisitions. Zhou Sheng, if you raise your hand, it means the land is decent. I will just follow you!"

Zhou Huaian smiled and said: "Hu Sheng, what you said makes sense!"

Although Zhong Jianghai is a veteran real estate developer, in terms of strength, he cannot be compared with the Yangtze River Industrial Group.

The two parties were just joking, and of course it was possible that Zhong Jianghai would do this.

Today is the first time that Zhou Huaian represents Changshi. Many real estate developers can’t help but suspect that Changshi Group wants to easily obtain land and land through this method.

How can it be so easy? Many real estate developers thought in their minds, and even wanted to give Zhou Huai'an power.

The auction will start soon.

Li Jiacheng, Zhao Shizeng, Zheng Yutong, Wang Dehui and others are all there, but Li Shauji generally does not participate in official land auctions. He relies on patchwork to acquire properties, overseas advertising to acquire immigrants' properties in Hong Kong, and patient mergers.

Zhou Huai'an still successfully obtained a good residential land with an area of ​​about 3.6 square feet. The transaction price was HK$2180 million, with an average price of HK$600 per square foot.

When the commercial land in East Tsim Sha Tsui was auctioned, many people suddenly became energetic.Even though Tsim Sha Tsui East has not been developed, its commercial value still exists, especially the area of ​​​​this coastal land reaches 4.1 square feet. Even if Tsim Sha Tsui East stipulates that the maximum cannot exceed 17 floors (the regulations of Kai Tak Airport), at least it can still Construction of more than 40 square feet of commercial buildings.

In the crowd, Malay 'Guo Huonian' and Indonesian 'Lin Shaoliang' looked at each other. They wanted to take pictures of this land today and cooperate to develop a first-class hotel.

Although Guo Huonian was robbed of the 'Shangri-La Hotel' sign by Lin Zhichao, he still invested in a five-star hotel on Orchard Road, which was not as big as the Shangri-La Hotel.

Although these Southeast Asian rich people are colluding with Z-businessmen in their own countries, they are still wary, so they will definitely invest a certain amount of wealth in Singapore and Hong Kong to share risks.

This time, Guo Huonian and Lin Shaoliang are preparing to build a five-star hotel in East Tsim Sha Tsui, and of course there are other shareholders.

Auction begins.

Zhou Huai'an immediately joined in raising his hand to raise the price, which immediately attracted a lot of people's attention. Everyone guessed that the Yangtze River Industrial Group attached great importance to this land!

At this point, naturally some people started to cause trouble. Of course, this was secretive and was a normal price increase.

At this time, Lin Ruihuan had been observing from the corner.

In the auction house, elites gathered together, all of them with golden eyes and fiery eyes, gearing up to choose the best and devour them.

The intentions of the Yangtze River Industrial Group and the value of this land are determined to be very hot.

When the price shouted 7500 million Hong Kong dollars, Zhou Huaian began to give up bidding.

Later, Lin Ruihuan alertly took over the bidding process, in a measured and measured manner.

The attacking teams of all the major groups present did not pay attention to what kind of hero this young man was. They thought he was a representative of a little-known small and medium-sized real estate company, or a foreign-funded institution that had just arrived in your territory, so they did not take him seriously. .

Until Lin Ruihuan called out the price: "8800 million"

"Who is it? Could it be a representative of some foreign-funded institution?" "It's possible, or it could be the award-winning Raptors in Southeast Asia."

People talk about it.

Guo Huonian and Lin Shaoliang exchanged ideas with each other and reluctantly chose to give up.

The entire East Tsim Sha Tsui is still desolate. The Hong Kong government acquired a total of 17.4 hectares through reclamation. Two pieces of land were auctioned last year, but the transaction price was only HK$1700 per square foot, and they were not coastal land.Now, the unit price of this coastal land has reached HK$2200 per square foot, which is already a huge increase.

Guo Huonian and Lin Shaoliang chose to give up because there was still a lot of land in East Tsim Shao that would be auctioned later, and it was not appropriate to fight with a stupid young man today.

But if Cheung Kong Group auctions this land, many people will think that since Cheung Kong is optimistic about it, it is worth paying more.

After the auction ended, reporters from several financial media came to Lin Ruihuan.

"What company do you represent?"

Lin Ruihuan said seriously: "Changshi"

The reporter is dumbfounded!
This young man represents Changshi, so who does Zhou Huaian represent?
Of course, the auction does not stipulate that only one person in a family can bid, as long as you bid high.

"Hey, are you Mr. Lin Zhichao's eldest son?" A reporter quickly reacted.

Lin Ruihuan has not yet answered.

The reporters at the scene suddenly let out a 'coax', and they all suddenly realized.

He represents Changshi, and he looks a lot like Lin Zhichao. Who is he if he is not the 'Prince'?
Cheung Kong Group.

After Lin Zhichao heard that his plan worked, he was very happy and seemed to have saved 1000 million.

The land in East Tsim Sha Tsui will rise sharply in the next few years!
In previous lives, land in East Tsim Sha Tsui was auctioned in the late 70s and late 1977s, and the prices went higher and higher.Just like when 93 square feet of land was auctioned in 10, the total price was HK$1978 billion; in 68, 29 square feet of land was auctioned, but the total price was as high as HK$25 billion.There is [-] square feet less land, but the price has tripled.

This fully shows that next year and the year after that will be the year when a large amount of land will be auctioned in East Tsim Sha Tsui.

Lin Zhichao drew a circle on the paper, right next to the land they photographed, and said: "In the future, we only need to photograph this piece of land on the west side of us, or this piece of land on the east side. , even if it has a place in Tsim Sha Tsui East. The model of shopping mall (lower part of the building) + office building (upper part of the building) + hotel will occupy an important part of Tsim Sha Tsui East’s future business.”

Lin Ruihuan said: "The hotel building must be planned and constructed first to avoid being caught!"

Lin Zhichao smiled and said: "I won't be targeted! Who would raise the price of the land next to us for no reason, unless he specifically wants it, of course we are not dishonest."

Lin Ruihuan no longer worried about this problem. This time his father's strategy worked. He knew that many real estate developers were interested in a piece of land and would definitely pay attention to it. In their opinion, his father's vision was very good. , it’s always right to follow.

Then, Lin Zhichao said: "Ruihuan will be responsible for the project in East Tsim Sha Tsui. You will introduce hotel brands and build a comprehensive commercial building."

Currently, there are already two senior executives of the younger generation - Lin Ruihuan and Zhou Huai'an. Lin Ruihuan is good at planning commercial real estate projects, and Zhou Huai'an is good at planning and developing real estate projects. They can be said to have successors.

The commercial projects currently planned by Lin Ruihuan include: Hyatt Regency New York Railway Station, Raffles City (opened this Christmas), Admiralty Tower (participant), Penfolds Center (participant), etc., and he has rich experience.

Zhou Huai'an is also very good. Saixihu Real Estate, Elizabeth Building, and Dongfang New Village (counseling) can also be regarded as showing their talents.

"Okay, Chairman. Chairman, the hotel brand in East Tsim Sha Tsui can introduce the Hilton hotel brand in the future in exchange for ending the Hilton Hotel in Central. In this way, we can avoid paying a large amount of breach of contract fees." Lin Ruihuan said.

Lin Zhichao was stunned. He didn't think of it immediately, and then said: "You can do whatever you want! You can wait until the hotel building is capped, and then talk to the Hilton Hotel."

They have mature hotel design themselves, they just need Hilton hotel management and branding.

Lin Ruihuan said: "Well, I understand!"

When everyone left the office, Lin Zhichao showed a smile. There was someone coming next!
He planned to support Lin Ruihuan and Zhou Huai'an to truly rise to power in the late 70s. Lin Ruihuan was the general manager and executive director, and Zhou Huai'an was the deputy general manager and executive director. They would later join Meris as deputy general manager and director.
June day.

Lin Zhichao is sitting in the office of Universal Group, holding a shipping magazine in his hand. The content on it is - records of Gibson Ship Brokerage Company, ranking of the world's top ten shipping kings:

Lin Zhichao is firmly in the top spot, with a total shipping load of 1800 million tons;

Veteran shipping king Dong Haoyun ranks second, with a total load capacity of 750 million tons;

Onassis, the Greek shipping king who is most famous in the world media, ranks eighth, with a total load capacity of 400 million tons;

Hong Kong's new shipping king Bao Yugang ranks tenth, with a total deadweight of 320 million tons.

As for Zhao Congyan, he is not qualified to be on the list at all. He must have been crowned the "Debt Ship King" in his previous life after the 80s.

This ranking is relatively real and highly credible, Lin Zhichao thinks so.

The reason why the other three or four million tons are undercounted is because Global Shipping is not listed and does not have a second shareholder. In addition, there are many non-VLCCs operating under it, so it is difficult to count these ships.

Dong Haoyun owns a fleet of 750 million tons. He believes that the debt ratio is high. After all, it is difficult for a shipping company to operate without debt like Lin Zhichao. More importantly, Dong Haoyun will madly expand shipowners, which may reach 1000 million tons. above.

With the development of the world economy, building a 30-ton oil tanker currently costs about US$5000 million.A giant ship is worth a commercial building in Central.

Of course, that’s the price of building a boat!
The price of second-hand oil tankers is not so expensive. It depends on the specific situation and the shipping environment at that time.

To put it bluntly, a huge oil tanker worth US$5000 million now would be worth only US$1985 million in 500.

In shipping, freight rates fluctuate, and there are several prices a year; if a cycle comes, the price will be completely different between heaven and earth.

Lin Zhichao knew it was time to sell the boat!

His plan to reduce ships is already in his mind, that is, starting from the second half of this year (1977.7), he will first sell non-VLCC ships (those below 20 tons).He will only have a fleet of 800 million tons left within two years.

Soon.

"Boss" Feng Yongfa walked in and said.

He is also old. When he met Lin Zhichao, he was already in his early 30s and now he is 60 years old.

It just so happened that after this reduction in ships, it was time for Feng Yongfa to retire.

"I am going to reduce the number of ships. If there are any ships that have expired recently, they will be sold. If the price is right, I will sell them. Priority will be given to selling oil tankers and bulk carriers with 10 to 15 tons. If there are VLCC oil tankers that expire, they will be reported to me and then dealt with. Priority will be given to the sale of Worldwide’s ships, and Worldwide will not be in a hurry.”

Feng Yongfa said without any doubt: "No problem, I'll make arrangements right away! However, those 50-ton oil tankers built in the late 60s and early 10s have reached the age of being scrapped and cannot be sold at high prices."

After working with his boss for so many years, he doesn’t need to worry about big decisions like this, he just needs to execute them.Because the boss's decision-making has never been missed.Now the boss is buying Manhattan office buildings and secretly buying Wharf Group stocks. His intention to go ashore is already obvious.

Lin Zhichao said: "If the 10-ton oil tanker is not sold, it will be scrapped."

These ships made a lot of money from oil speculation in the past, but now they are simply scrapped and are worth every penny.

"Ok"

Currently, Universal Group owns 50 VLCC/ULCCs, with a total tonnage of 1300 million tons.

The important thing is that these ships were first built in the late 60s, and the oldest ones are only 1500 or [-] years old. In addition, they are VLCCs, so they are very valuable. One ship is worth more than [-] million US dollars, which is [-]% of the price when the ship was built.

In addition to the good shipping situation, it is also related to the increase in shipbuilding costs in recent years (steel, labor, technology, etc.). For example, building a 22.6-ton VLCC costs more than US$3500 million.

As for those 10-ton oil tankers, they are indeed worthless, and they are all about 15 years old.Generally, the life span of oil tankers is only 20 years, and shipping companies in some areas have almost reached the limit of 25 years.

As a result, the value of Universal Group's fleet is less than one billion US dollars.

(End of this chapter)