Wolf of Xiangjiang

Three months passed and it was October 3.

On that day, Lin Zhengjie summoned six directors, including Chen Weizhong, Tang Renjian, He Fangtang, Li Guoji, Lin Wendong and Chen Jihao, all of whom were related to the real estate business.

Seven people sat at the conference table for a small internal meeting.

Lin Zhengjie leaned back in his chair and asked, "How long has the U.S. housing market been booming?"

When everyone heard this question, they immediately knew that the boss would not ask an irrelevant question for no reason.

"Five years"

"Well, it's been five years since 2001/911 in ."

Since they were all talents from the real estate industry, it was impossible for them not to know this, so they all answered.

Lin Zhengjie nodded and said, "In the United States, it is very common to buy a house with a loan. Locals rarely buy a house in full, and usually take out a long-term loan. However, unemployment and re-employment are very common there. These people with unstable incomes or even no income at all are defined as subprime credit borrowers, or subprime borrowers for short, because their credit rating does not meet the standards. The U.S. subprime mortgage market usually adopts a repayment method that combines fixed and floating interest rates, that is, buyers repay the loan at a fixed interest rate in the first few years after buying a house, and then repay the loan at a floating interest rate. After long-term attention and analysis over the past two years, I have come to a conclusion that these subprime loans have accumulated a time bomb of considerable risk. At the same time, since the 911/ incident, European and American real estate has been rising for five years, and it is expected that next year may be a turning point."

The reason was explained to these people because they were all people trusted by Lin Zhengjie and were also senior executives of the group.

He Fangtang was the first to react and said, "If the subprime mortgage crisis breaks out, then there will be major financial problems, which may further affect the economy of the entire Western world. Of course, now that the global economy is closely related, Asia will also be affected."

Everyone finally understood the chairman's real intention in calling the meeting, which meant that this 'cycle' was over.

Chen Weizhong also immediately said: "We can reduce non-core assets. After all, we started purchasing tens of billions of dollars of commercial real estate in 2001, and now it has increased by more than 100%."

Not only has the increase exceeded 100%, but high rental income has also been generated during the period. The current return rate in Europe and the United States is generally around 7% to 8%. Of course, this is when the market is good.

If the market is bad and the vacancy rate exceeds 20%, then whether you can make a profit is a question (given that there is a loan, repairs are needed, etc.).

Lin Zhengjie said decisively: "From now on, you will immediately count the non-core assets and assets with low rental efficiency in America, Europe and Asia. It is expected that we will reduce the commercial real estate in the West by 30% to 40%. But remember, don't sell all of a certain business. After all, we will make a comeback. In terms of time, we must cash out within one year, and cash out in batches to avoid causing a sensation in the market."

"Okay, Chairman!"

After the meeting reached an agreement, Taifook Group quickly began to operate efficiently.

Of course, selling off some commercial real estate is only the first step.

Next year, we will also cash out highly cyclical assets such as shipping and aircraft leasing.

A week later, Lin Zhengjie arrived in New York by private jet and stayed in the presidential suite of the Waldorf Astoria Hotel.

Soon after he checked into the suite, the door was knocked open, and a pair of blonde beauties stood at the door. They were not prostitutes, but the Hilton sisters - older sister Paris Hilton and younger sister Nicky Hilton.

As soon as the two saw Lin Zhengjie, they couldn't stop smiling. Then they squeezed into the room and the door closed.

"woohoo"

For a moment, everyone stopped talking and got down to work.

When Lin Zhengjie conquered Paris Hilton, this woman immediately tasted what it was like to be a top man. The enjoyment in all aspects and the spiritual satisfaction made her become Lin Zhengjie's lover.

Later, for some unknown reason, the woman took the initiative to introduce her sister to Lin Zhengjie. The result can be imagined. In this world, as long as Lin Zhengjie wants, basically no woman can escape from his control.

So after only meeting once, the two of them got together, and later on, they became a group of three.

Actually, Nicky Hilton is prettier!
"Don't worry yet!"

Just as Lin Zhengjie was about to stab them, the two women spoke in unison.

At this time, they had already taken off their armor and were naked. They were all tall, fair-skinned and beautiful, especially those with blonde hair and blue eyes, who really looked like golden cats.

All men want it!
"What are you waiting for?" Lin Zhengjie asked curiously.

He could wait. Even if the woman changed her mind at this time, he would not impulsively force her.

The two women slowly bent down with their backs to Lin Zhengjie.

For a moment, Lin Zhengjie almost lost his mind.

Perhaps seeing that Lin Zhengjie was still indifferent, the two women immediately swung their PGs at the same time like cats swung their tails.

Lin Zhengjie knew that he couldn't just not express his feelings at all and waste the beauty's affection.

"Clap"

A two-slap reward!

"whee"

Both women laughed at the same time. Although this man was very good at martial arts, he sometimes deliberately acted like a gentleman, which made them feel that he was not bold enough!

Now they know that the man cannot escape any one of them, let alone two of them.

In fact, they also discussed privately why this man was so charming, and finally came to the conclusion that - first of all, this man's eyes could emit electricity, which was a very scary charm; secondly, this man's body was indeed a superman among humans, and there was no woman who didn't like him; finally, this man also had other aspects of charm, such as speech and generosity.

In short, such a man is worth the sisters' enjoyment for some time.

They just didn't expect that they would become addicted to this to the point that they completely lose their interest in other men. Even if the man may only be with them for one or two days a month, they are still deeply involved in it.

There is magic!
"Ding ding ding, this is Santa Claus"

Lin Zhengjie looked at the two women, each wearing a 'Santa Claus skirt', a hip skirt, and a dress, all red with white edges.

"Aren't you looking forward to it?"

“Looking forward to it”

At this moment, Lin Zhengjie finally decided to turn off the engine first and then slowly deal with them.

He opened a bottle of red wine and admired the two women as they put on their clothes. They were stunning!
Whether it is a pencil skirt or a dress, it is actually very short, so the long legs are clearly visible.

"And yours."

Lin Zhengjie almost spit out the red wine. The two women brought a Santa Claus costume to Lin Zhengjie. It seems that today is going to be some extraordinary fun!

However, the older Lin Zhengjie gets, the more he likes this kind of competition.

Early the next morning.

Lin Zhengjie woke up and looked at the girls in his arms, feeling very good!
You don't need to be responsible when playing with these two, because both women like to pursue fame anyway.

Of course, he did not treat them unfairly. He once gave them 500 million US dollars each and asked them to invest in Apple. With this alone, they each earned more than 3000 million US dollars.

Apple's market value is only over 1200 billion US dollars, and it will exceed billion US dollars by next year.

So, no matter how valuable their B is, this amount of money is enough for Lin Zhengjie to tinker with it.

For example, although Paris sold 3 billion U.S. dollars in co-branded perfumes and bags in her previous life, the total profit was only more than 20 million U.S. dollars. It would be great if she could get 30% to %! With her ability alone, she could only make to million U.S. dollars at most!

Of course, Nicky Hilton is indeed valuable, and she married a member of the Rothschild family in her later life. However, Lin Zhengjie felt that the Rothschild family should not be wealthy, and with so many family members, Nicky's husband in her previous life might not have much money.

Just like Lin Zhengjie's wealth, when it comes to the third generation, when there are hundreds of family members, the average wealth of each family member is only a few tens of billions.

Of course, a lot of wealth will not be diluted, such as the 'Lin Zhengjie Family Office' and the 'Trust Fund (each family has one)'.

Well, because there is no dilution, everyone can only get living expenses, for example, about 5000 million a year.

Not a moment.

Both women woke up. Although they had European and American physiques, they were still defeated by Lin Zhengjie's dominance and begged for mercy last night.

Paris Hilton said mischievously: "Lin, what will you do to me if I give birth to your child?"

Lin Zhengjie said unhappily: "You have so many scandals. So, I don't want this to happen!"

Paris immediately said seriously: "I have said many times that I used them just to take pictures for the media. In fact, they didn't even have the chance to kiss me."

Nikki immediately said: "I testify that what my sister said is absolutely true. She told me at the beginning that she needed someone to cover up her love life."

In fact, Lin Zhengjie also believed it, he mainly trusted his own "magic".

This kind of "magic" is to subtly make people loyal to him, but this kind of "magic" is not to control puppets, it is completely different. In simple terms, it is like the kind of Taizu and the emperor, who can keep people loyal when there are common interests and a group of beliefs.

But for example, if Lin Zhengjie deliberately distanced himself from the Hilton sisters, they might still miss them for half a year, but later they would gradually get over it and come to their senses.

But if Lin Zhengjie flirts with her again, these two women will come to be loyal to him again.

"If that's the case, congratulations! You'll get the best and smartest genes in the world. Of course, if you're willing to have children, I'll continue to teach you how to invest. The wealth you two sisters will have in the future will be much greater than your family's trust fund!"

The Hilton family's trust fund is currently worth 2 to 3 billion US dollars, and its value has not increased much at all.

Paris believed the man's promise, believed it without a doubt.

"Then I want to give birth"

“I want to have a baby too”

Wow, I was just planning to play around with them, but I ended up collecting two more.

It doesn't matter. For a person who will have a trillion dollars of wealth in fifteen years, a mere "three billion dollars" of "sister fund" does not need to wait until fifteen years later. Ten years will be enough.

"Okay, since you are willing to follow me, I will let you gradually withdraw from the entertainment industry within three years and reduce your exposure."

Paris immediately said: "We want you to spend more time with us. It doesn't have to be in the United States, but we want to travel together to other places."

Nikki also added: "Also, we need to set up our children's fund right away."

It's better to bring it up than to keep it in your heart.

Lin Zhengjie said generously: "Later, I will transfer 5000 million US dollars to you, and you can buy Apple and Google stocks. Buy them all this year."

Nikki asked curiously, "Are the prospects of these two companies really that good?"

Lin Zhengjie smiled and said, "This is just the beginning. The future belongs to technology companies. It's getting harder and harder for us to do traditional business!"

"Tsk, you made tens of billions of dollars just by selling a company this year!"

Good guy, you care about his career!

No matter what, these two women, no matter their bloodline or appearance, are worthy of Lin Zhengjie raising two more flags in the United States.

Of course, it is best not to expose the birth of a child. You can have the child in secret.

Although mixed-race people are somewhat outstanding, at least they can avoid being exposed, so the problem is still not serious.

In the afternoon, Lin Zhengjie met with Bruce, President of Barings Bank, Jonathan, Vice President, and Chris Nassetta, CEO of Hilton Hotels.

After three years of development, Hilton Hotels' operations have clearly made great progress, and foreign rating agencies have also upgraded their ratings.

Four people held a secret meeting in a conference room.

Although Chris Nassetta is the CEO of Hilton Hotels Corporation, Hilton Hotels is a wholly-owned subsidiary of Bahrain Bank, so they have absolute management rights.

Of course, under normal circumstances, complete power is delegated to Crisnasetta, and the Bank of Bahrain will not interfere in the specific management, but only provide guidance on the general direction.

“If Hilton Hotels were to go public again, what would its valuation be?”

After thinking for a while, Crisnasetta said, "The layout of Hilton Hotels has just begun to take effect, but it may take another five years to see the details. However, the world economy and the US economy are developing very well, and the Hilton Group's operations have improved greatly. I think the valuation can exceed 250 billion US dollars."

Jonathan also nodded and said, "Almost. Barings Bank has made a lot of profit!"

Why is it said that the profit is huge? Because Bahrain Bank either converted many of the acquired debts into convertible securities of Hilton Hotels, and the rest were all kept in the name of Hilton Hotels.

The Bank of Bahrain itself only invested US$50 billion, and the rest of the money was borrowed, all from the Hilton Hotels Group.

Of course, the hotel’s profit itself is very low, so with such a high debt, it can only make a lot of financial arrangements and convert loans into securities.

Lin Zhengjie knew that the opportunity for listing was not yet mature and there was still more than a year before the financial crisis.

"Well, let's see if you can sell some of the properties at a high price in the next year, such as the expensive properties like the Waldorf Astoria. Of course, when you sell the properties, you must at least sign a management agreement with the other party for 50 to 100 years."

In the previous life, a mainland insurance company spent 16.5 billion US dollars to buy the ownership of the Waldorf Astoria Hotel and signed a -year management agreement.

That is to say, although the ownership of this hotel is yours, the management rights are still mine.

The management fee is generally around 4% of the hotel’s annual turnover.

As for the insurance company in the mainland, it eventually went bankrupt. I think its name was Anbang or something.

Real estate is at its peak right now. I believe that by selling the ownership of some hotels, Hilton Hotels can not only collect high amounts of money, but also further strengthen its grand strategy of "light asset ratio".

Jonathan immediately said, "I think it's feasible. After all, now is an opportunity!"

Seeing this, Crisnasetta thought for a moment and said without much hesitation: "Okay, I'll count the assets that can be sold later!"

Currently, Hilton Hotels Corporation owns 48 rooms, but in fact most of them are not owned by Hilton.

Seeing that his goal had been achieved, Lin Zhengjie no longer participated.

In his opinion, by 2011, Hilton Hotels will be able to be listed again, and by then the book profit of Bank of Bahrain will definitely be 100 billion US dollars.

Then, you can cash out. (End of this chapter)