Wolf of Xiangjiang

The news that Taifook Group won the land at 18 Mount Kellett Road, The Peak for HK$12 billion caused a great response in Hong Kong.

It is believed that the land on the top of the mountain will become the most expensive land in the world in the short term.

Hong Kong has always been famous for its many luxury homes. According to the top ten most expensive luxury homes in Asia announced this year by the international authoritative financial magazine Forbes, the first to ninth places on the list are all Hong Kong luxury homes.

The first one is the "Yunfengju" on the top of Gofu Mountain owned by Lin Zhengjie. In addition to the expensive land, the more important thing is the cost of the building on it, which is initially estimated to be worth 5 million.

Now that Taifook Group has acquired the "18 Mount Kellett Road, The Peak" for HK$12 billion, some media have commented that the land may eventually be built into luxury villas and then resold to the Lam Ching-kit family. The reason is that Mr. Lam Ching-kit's love for luxury villas makes it unlikely that he will build multiple houses.

The news further strengthened the rising trend of luxury homes and villas in Hong Kong.

this day.

Lin Zhengjie came to No. 12 Mount Kellett Road, accompanied by Zheng Zhihe, a senior executive in the luxury residential sector of Taifook Group.

The land is 7.9 square feet, with a plot ratio of 0.6, which is equivalent to a building area of ​​4.8 square feet. In the past, Sun Hung Kai built the first house in Asia called 'TWELVE PEAKS' on it, but it was nothing in the world, after all, Sun Hung Kai built nine houses (villas) on it.

Now that Lin Zhengjie intends to use it as the 'family castle', he naturally has to consider more!
"We need to build a large platform (base) to ensure safety and privacy. We need to build villas on the north side. We need to combine buildings and use the plot ratio as much as possible. We need to build tennis courts, swimming pools and lawns on the south side."

"Boss, if it is a combination of buildings, it will not be conducive to the later sale. After all, the price of the land plus the building will be at least 40 to 50 billion in the future."

“I’ll buy it.”

"Ok"

Zheng Zhihe was shocked, it turned out to be the boss's mansion, and President Tang did not inform him beforehand.

Then, Zheng Zhihe reminded, "Boss, if we build a combined building on the north side, we will need more than three floors to use up the plot ratio."

"Produce the renderings first, and I'll take a look!"

Since there is no need to consider the issue of selling, the house must be designed as a "single family home". In addition to requiring many large rooms, it must also have a yard, lawn, tennis court, and swimming pool.

Lin Zhengjie prefers the style of non-building areas of villas in Los Angeles and New York!
A standard tennis court is about 7000 square feet, which is quite enough for the land at 12 Mount Kellett Road.

After chatting for a while, Lin Zhengjie went home satisfied.

This villa may be completed around 2012, but Lin Zhengjie may have paid for it in 2009-2010, so that Taifook Group can get a good return rate.

The reason why Lin Zhengjie did not participate in the land auction under his own name was that he tried to keep it secret as much as possible. Even if people had speculations, they would not be sure.

The Chairman of the Board of Directors of Power Assets Holdings (Hong Kong Electric), Ho Fong-tong, and the President, Yu De-qiu, came to Lin Zhengjie's office to report on their work.

Since the 1990s, Hong Kong Electric has made full use of its annual dividends to invest in power plants, transmission networks, gas distribution pipelines and other assets around the world. The investment cost HK Electric nearly HK$20 billion, and later it established Power Assets to replace HK Electric's listing status.

HK Electric still exists and is now part of Power Assets Holdings’ assets. Power Assets Holdings’ assets are worth over HK$700 billion, with % of its assets overseas and only % in Hong Kong. Its market value has reached over HK$ billion.

Although Lin Zhengjie does not hold a position in Power Industry, the chairman and president of Computer Industry need to report to him regularly.

Yu Deqiu joined the Hongkong Electric Company in 1976 and has served the company for years. He is also the first Chinese president of the Hongkong Electric Company Limited. Previous presidents were all British.

Yu Deqiu, who is only in his early fifties this year, can continue to serve in the power industry for a long time and can be said to be in his prime.

"Mr. Lin, Power Assets has completed the full acquisition of Cambridge Water, a British tap water supplier, for a total of 5138 million pounds. At the same time, Power Assets is working with Taifook Infrastructure to acquire the equity of the British Northern Gas Network. I believe that good news will be reported back soon."

Of the HK$200 billion of previous investment by Power Assets Holdings (HK Electric), not much flowed into Europe. Instead, more investment came from Southeast Asia, the Mainland and Australia.

Now, Power Assets has begun investing in European assets.

Obviously, at this time, Lam Ching Kit had already replaced Lee Kar Shing as the "No. 90 Man in Hong Kong" (starting in the s), so he was the most suitable Chinese businessman to invest in Europe.

In the UK, Lin Zhengjie's status is much higher than Li Jiacheng's. Not only did he complete the investment in "European Wall Street" for the UK, he also developed the British Bank of Barings from bankruptcy. These two achievements alone are far higher than Li Jiacheng's achievements in his previous life.

The 'Wall Street of Europe' is called Canary Wharf Group, which is now London's new financial city. When Lin Zhengjie took over, it was just an unfinished project; and the Bank of Bahrain was the 'bankrupt bank' that shocked the world.

The fact that both industries were successfully developed by Lin Zhengjie was enough to make his influence huge in Europe.

"After completing the acquisition of Northern Gas' equity, Power Industry will stop its overseas expansion and consolidate its existing business."

"Okay, I'll make a note of it!"

Lin Zhengjie nodded with satisfaction. He just needed to grasp the general direction. After all, it was not suitable for acquisitions after 05 because global assets had soared.

At the same time, Power Industry should also save more money to store ammunition for asset acquisitions after the global financial crisis in 08.

After that, everyone talked for a while before the two left.

Although He Fangtang is the chairman of Power Assets Holdings, he is still the deputy managing director of Taifook Group.

Under Lin Zhengjie, there are actually three deputy managing directors, namely Chen Weizhong, He Fangtang and Tong Yanjian. After all, the group is huge, so management will naturally be more decentralized.

Under the scorching sun, the Jin Yumantang yacht stayed on the sea, looking quite magnificent.

In fact, whether it is the "Golden Jade Full House" super yacht or the "Dapeng Zhan Chi" private jet, Lin Zhengjie has enjoyed it for more than ten years. Considering Lin Zhengjie's wealth, they are a bit old, but the older the things are, the more people miss them; however, Lin Zhengjie does have the idea of ​​changing to a new generation of private jets and private yachts.

However, I planned to order it after the financial crisis in 08. First, the price is cheaper (of course we should save if we can), and second, the technology is more advanced.

Even if it is delivered after 2012, it doesn’t matter as time will not be wasted.

Lin Zhengjie really likes super yachts. Sometimes he likes to discuss work on the "Golden Jade Mantang". He can even stay on it for a week and remotely control his business empire.

Today, Lin Zhengjie invited the presidents of media groups to a gathering at Jin Yu Man Tang, which was actually also work.

The five major presidents gathered together: Ye Shaoliang, president of the media group (responsible for the group's business, and also in charge of Modern News Agency, Modern Publishing House and other businesses, including comics), Chow Liang Suk-yee, head of television business (Asia Television, Asia Satellite TV, production companies, etc.), Jiang Zhiqiang, head of Wanda Pictures (cinemas, production, distribution), Lai Siu-tin, president of SM Entertainment (HK-POP), and Ho Ting-man, president of The9.

Among these five presidents, Ye Shaoliang is of course the boss of the other four, and Ye Shaoliang is also in charge of the two core businesses of "news agency" and "comics industry".

Needless to say, the fact that a small city like Hong Kong has a news agency is a symbol of the Lam family's strength. The comics industry is a very profitable business, especially since modern publishing houses own a large number of comics IPs.

Today, the five CEOs came, and there was another guest accompanying Lin Zhengjie, that is Zheng Zhiyi who came to Hong Kong from South Korea, the eldest princess of Hyundai Group. She didn't understand Cantonese, and she didn't need to understand it, she just accompanied him.

The five presidents were not surprised, after all, they knew that their boss was a very romantic person.

"William, what have you been doing recently?"

Jiang Zhiqiang immediately said: "It is mainly preparing for Wanda Films' blockbuster "Snowpiercer". Recently, we are also helping the mainland movie "House of Flying Daggers" to be released overseas. We are also participating in the post-production of "Kung Fu Panda" in cooperation with DreamWorks (investment and co-production), which will be released worldwide next year."

Lin Zhengjie nodded. Hong Kong films are not stagnant. Media groups spend 5 million to 10 billion every year to invest in films and related talents. This is the kind of investment call and talent training that does not take box office revenue into account.

Therefore, in recent years, Wanda Film has not only entered the field of science fiction films, but also dabbled in disaster films, and the result is a profitable state. It has produced classic films such as "Infernal Affairs", "Resident Evil" (1998, adapted from the game copyright developed by The 90 in the early s), "Central Station" (a zombie movie), "Victoria Harbour" (a tsunami disaster movie), "Victoria Harbour Monster" (a biochemical monster), and is currently preparing for "Snowpiercer".

This is an adaptation of a French comic from the last century, and Wanda Films has purchased the copyright.

Wanda invests in 1-2 big productions every year, and the production cost of a single production may reach - million Hong Kong dollars. Even though Wanda knows that it may suffer losses, it has developed a habit and must invest.

Even if the film is not released in mainland China, we will still invest in it, with the aim of increasing the popularity of Hong Kong films.

As for the distribution of "House of Flying Daggers" mentioned by Jiang Zhiqiang, that is another business.

Because Jiang Zhiqiang is very familiar with the eight major Hollywood studios and Hollywood distribution, he is the overseas distributor and producer of Ang Lee and Zhang Yimou's films. In other words, Zhang Yimou's films were able to enter the West thanks to Jiang Zhiqiang's ability.

Because of this, whether in his past life or this life, Jiang Zhiqiang has the reputation of "creating the blockbuster era of Chinese-language films" and "Asian hero". It's just that he is relatively low-key.

Of course, in this life he is the head of Wanda Pictures and also a partner (10% stake), so he counts all businesses under the name of Wanda Pictures.

"There is a serious problem of Hong Kong filmmakers moving north!" Lam Ching Kit sighed.

Jiang Zhiqiang nodded heavily. The media group's various businesses can easily jump out of Hong Kong, and its overseas development is extremely large. In contrast, Wanda Pictures can only develop reluctantly at present.

This boss is also a remarkable man. He insists on investing in 1~2 blockbusters every year, plus many other high-budget movies. Although many of them are personally selected by him, he still gives many opportunities to others.

"After all, they all want to make a profit. Unlike our media group, which is huge, and Wanda Pictures, which can still make good movies and make some money."

Although Wanda Films doesn’t make much money, it is true that it can make money.

The entire media group is quite impressive, earning much more than real estate developers such as Sun Hung Kai Properties, almost HK$10 billion a year. The most impressive thing about the media group is, of course, that it supports many high-paid people in the cultural and entertainment industries.

"The film industry must persist. After all, it is part of Hong Kong's cultural industry and cannot fall behind."

"Ok"

The rest of the people admired the boss for always considering the overall situation. It's not that the movies produced by Wanda Films are not good enough, but the profits in the local market cannot support the huge production, while the mainland and overseas movies sometimes have a good reputation but are difficult to make money.

Lin Zhengjie once said directly that it is not important whether or not a movie makes money. What is important is that the reputation of Hong Kong movies must be good. As long as there is a blockbuster movie with good reputation every year, it is a success.

In fact, if DVD/VCD piracy wasn’t so serious in the mainland, they would make more money!
Next, Lin Zhengjie started discussing with Zhou Liang Shuyi again, and he first gave two pieces of information.

"Here are the outlines and ideas for two dramas, one is "The Heirs" and the other is "My Love from the Star". Regardless of the type of drama they are scheduled to be, there is a note on "My Love from the Star" that our cosmetics ads will be implanted in it, and we can connect with them later."

Zhou Liang Shuyi said: "Okay, I will personally urge the production company to take it seriously later!"

After she finished speaking, she started reading, and everyone looked at it, since they were all family members anyway.

"The Heirs" and "Meteor Garden" are based on the same theme, but are completely different. "Meteor Garden" emphasizes campus life and the process of youth growth, which is simply "childish"; "The Heirs" is set against the backdrop of upper-class men and women and complex relationships between characters. The plot is more complicated, involving family inheritance, love, friendship and many other aspects.

Therefore, although "The Heirs" may not be as popular as "Meteor Garden" produced by ATV that year, it will definitely not be too bad.

Of course, "The Heirs" is somewhat similar to "Gossip Girl" which was released in the United States three years later.

But then again, although Hong Kong is small, its upper-class life is indeed one of the most exciting places in the world. After all, it is a paradise for the rich.

As for chaebols, there is no shortage of them, such as the Lin family, a large chaebol. (End of this chapter)