Wolf of Xiangjiang

Chapter 365: The Firstborn Son’s Wedding
New Year (2007).

Shortly after the new year began, Wheelock Group announced that it would sell 118% of its stake in Indian telecom company Essar to Vodafone Telecom of the United Kingdom for US$67 billion, bringing Essar's valuation to US$178 billion. After the transaction is completed, Wheelock Group will receive a net profit of HK$598 billion.

When the news came out, public opinion in Hong Kong was shocked.

"My goodness, last year, Wheelock Group received a dividend of 50 billion U.S. dollars from Husky Energy, and the full-year profit must have been 180 billion U.S. dollars. This year is another good start, with a direct profit of more than 70 billion U.S. dollars. The profit this year is not going to exceed 200 billion U.S. dollars!"

"Taifu Group is really amazing, their business is so big!"

too crazy!

Simply put, analysts have pointed out this year that the world's most profitable company last year (2006) should be ExxonMobil, with profits of approximately US$400 billion.

As a regional enterprise, Wheelock Group has reached almost half of the level, which is really impressive!

Of course, Taifook Group and Cheung Kong Group have always been among the Fortune 500 companies, including Lin Zhengjie's other company, Hengfeng Financial Group, which is also a Fortune 500 group.

Although Hengfeng Financial Group is not listed, its subsidiary Hengfeng Bank is a listed company. Although Bank of Bahrain is not listed, it makes some financial disclosures, so the information is well documented.

Compared with ExxonMobil, Husky Energy is naturally much smaller in size, but its normal profit in 2006 exceeded 60 billion US dollars. Together with the profit of 120 billion US dollars from the sale of Noranda Eagle Bridge, the company also achieved an annual profit of 180 billion US dollars.

Of course, there is duplicate counting here, that is, Wheelock Group and Husky Energy have duplicate profits.

2007 is undoubtedly a bumper year for Taifook Group, Wheelock Group and Hengfeng Financial Group, as they have to sell a lot of assets. Therefore, next year's financial report will be the king bomb.

In recent years, Lin Zhengjie's dividends have reached hundreds of billions, and his cash flow will only increase, eventually reaching a terrifying level.

Lin Zhengjie came to the office of 'Hengfeng Financial Group Center', and then Qiao Baisen walked in.

"boss"

"Well, recently international crude oil has started to pull back, and you can start to go long. Although it is only $58 per barrel at this time, I think it is unlikely to fall to $50 per barrel. Of course, there is no need to worry if it falls below that, because the market will rise after all, and conservatively it is estimated that it will be more than $80. Including the first half of next year, international crude oil will rise."

Qiao Baisen immediately understood that based on the general trend analyzed by his boss, they could make a fortune again.

"Then we will go long from now on. For every $2 drop in the price per barrel, we will buy orders worth $10 billion."

"Well, this kind of phased investment is possible."

For this kind of investment risk project, first of all, you must have sufficient ammunition in your hands, and secondly, you must have a good attitude.

For example, the price may not fall to a lower level of $58, so they may miss out on more. However, if $10 billion increases by 40%, it will still be $4 million.

This is also consistent with Lin Zhengjie's usual behavior, which is that he would rather make a small profit than gamble big.

The projects developed by Hengjin Investment include: important global stock index futures, gold futures, foreign exchange, oil, commodity futures, etc. This is a huge investment system, so they have nearly a hundred financial elites involved, with annual profits of about 10 to 30 billion US dollars.

Lin Zhengjie also participated in the investment of Hengjin Investment Development. He usually analyzed the situation for Qiao Baisen and asked him to close and clear positions at critical moments to avoid major disasters.

During the period, Qiao Baisen asked: "Boss, Taifook and Wheelock have been cashing out assets recently. Are there any risks in the future?"

Only Lin Zhengjie's close associates would analyze their boss's intentions based on these things.

"No rush, we'll wait until the second half of the year and then analyze it!"

"clear"

Hengjin Investment Development is engaged in investment in risky financial products, so the withdrawal can be very quick, and Lin Zhengjie is not worried at all.

This wave of risk should have shown signs in October, and was considered safe by the end of December, at least the Hang Seng Index, the mainland stock market, and the US stock market all followed this path. However, in January 10, that was the beginning of the disaster.

Therefore, you only need to complete the actions of reducing and closing positions by the end of the year.

Hong Kong media have begun to discuss how the Wheelock Group should digest its current abundant cash flow, that is, its investment channels.

Normally, only a small portion of a company's profits earned each year is distributed as dividends, and the vast majority needs to be reinvested.

A reporter found Yuan Tianfan to verify this!

Yuan Tianfan said directly: "This is indeed a difficult problem. We did not expect that telecommunications, energy, and shipping terminals would make so much money in recent years. However, since we already have such a high amount of funds, we will carefully consider investment channels. If there is no suitable one, we will never settle for it and maintain sufficient cash flow."

There is nothing wrong with what he said. Although Taifook Group and Wheelock Group will cash out hundreds of billions of Hong Kong dollars in assets in recent years, Lin Zhengjie has no intention of distributing all of it as dividends. After all, the company still needs to develop.

He has now decided to find an opportunity to make Taifook Group, Wheelock Group, and Taifook Infrastructure Group independent, and then pass them on to his three legitimate sons. Therefore, at most, like the Wal-Mart family, there will be several billionaires, but they will never exceed 400 billion US dollars.

Because Lin Zhengjie has calculated that according to his current shareholding ratio in Taifook Group, if the Wheelock Group and Taifook Infrastructure Group are separated and directly owned by Lin Zhengjie, then Lin Zhengjie's shareholding will be diluted, and his personal shareholding is expected to be in the range of 30~33%.

That is, Lin Zhengjie's personal shareholdings in Taifook Group, Wheelock Group and Taifook Infrastructure Group are all around 33%.

Because according to the calculation that Lin Zhengjie holds 51% of Taifook Group and Taifook holds 60% of Wheelock, Lin Zhengjie's shareholding in Wheelock is a little over 30%.

Of course, after these three companies are reorganized, he can find opportunities to slowly increase his holdings.

A day in mid-January.

The Four Seasons Hotel in Hong Kong was filled with joy. The original western style was casually decorated with Chinese style on this day. It turned out that today was the wedding of Lam Ching Kit's eldest son Lam Man Tung and Miss Kwok Tsz Ki, so the Four Seasons Hotel would welcome guests from all over the world.

At the same time, the Hong Kong government also dispatched a large number of police forces to maintain traffic order in Central, and even sent helicopters to patrol to prevent accidents.

The wedding that Lin Zhengjie prepared for his eldest son was not low-key. After all, he had different ideas. The weddings of other sons could be low-key, but the eldest son's wedding must be worthy of his status.

The different treatment that Lin Wendong received also means that he needs to take on greater responsibilities. He not only has to take over the Taifook Group, but also has to play a leading role in the "Lin Zhengjie Family Office", that is, the responsibility of the "young patriarch".

At present, it seems that Lin Wendong has good abilities in all aspects, at least he is confident that he can "protect" the family. According to Lin Wenjie's observation, Lin Wendong will not worry and work so hard that he will turn gray prematurely in the future. He is much better than Li Jiacheng's son Li Zeju.

"Wow, there are so many luxury cars here. How many Rolls-Royces are there?"

"What's a Rolls-Royce? With Mr. Lin Zhengjie's wealth, buying his Rolls-Royce company would be a piece of cake!"

"It makes sense. The two most luxurious hotels on both sides of Victoria Harbour are also owned by Lin Zhengjie's family!"

"I guess so. Who can tell for sure whether The Peninsula Hotel belongs to the Kadoorie family or the Lam Ching Kit family?"

Today, the Lin family was very friendly to the reporters. They assigned them interview areas, gave them red envelopes, and provided them with drinks and snacks.

In this way, they can directly photograph the distinguished guests who come to the wedding without causing chaos and disturbing the guests of Lin Zhengjie's family.

the other side.

Mr. and Mrs. Lin Zhengjie and Mr. Guan Jiahui, Mr. and Mrs. Lin Wendong and Mr. and Mrs. Guo Ziqi, Mr. and Mrs. Guo Laiyang and Mr. and Mrs. Tang Ying (in-laws), all stood together to welcome the guests.

Guo Laiyang and Tang Ying also lamented how influential Lin Zhengjie was. Many overseas politicians and businessmen came to participate, including the former Prime Minister of Canada, the President of the World Bank, technology giant Bill Gates, Middle Eastern princes, members of the British royal family, Thai generals, etc. There were also people sent from the mainland and local Chinese governors with such connections. Compared with them, their family was just a commoner among the common people.

Fortunately, it can be seen that the father-in-law and mother-in-law love their daughter very much, and Lin Wendong is not the kind of rich man who flirts with women, but a very stable and capable young man.

Based on this, their previous worries were completely put to rest.

One can even feel the attitude of the other family from some details. For example, Guo Laiyang recently joked to his daughter, saying that the Lin family is a wealthy family and they are eager to have grandchildren, and only male grandchildren are important.

What this means is that marrying into the Lin family as a daughter-in-law brings a lot of pressure in this regard.

But Guo Ziqi said nonchalantly: "Wendong said a long time ago that giving birth to a boy or a girl is a man's ability and has nothing to do with women. Moreover, this sentence came from the mouth of my future father-in-law." In other words, she has no pressure on giving birth to a boy or a girl, that is Lin Wendong's business!
Wow, this family is really unique. They are clearly a world-class wealthy family, but they give people a very relaxed feeling.

"Congratulations"

"Thank you, Uncle Tong. Please come in."

Cheng Yu-tung also came with his eldest son and grandson to congratulate.

What’s interesting is that today, brothers Lin Wen-yi, Lin Wen-liang, Lin Wen-kai, Lin Wen-ji, Lin Wen-yueh and Lin Wen-cheng all came to help, and for a moment many people sighed - it’s amazing to have so many sons.

Just these adult sons are enough for Lin Zhengjie's family to reach the next level!

"Congratulations, Mr. Lin"

"Thank you, Mr. Li."

Li Jiacheng also brought his eldest son Li Zeju to participate. The two were competing for the top chaebol in Hong Kong. In the end, Lin Zhengjie won, and from then on, they were unstoppable and completely widened the gap.

But what cannot be denied is that Li Jiacheng is the second richest man in Hong Kong in real terms, and the richest man in Hong Kong with the second largest overseas development after Lam Ching-kit.

Sometimes, the media will use "Hong Kong Duo" to describe the two, of course, this is just to attract traffic.

Lin Zhengjie's current business is much bigger than Li's Chengdu in his previous life, and much bigger, more than twice as big.

There were many guests that day, and Mr. and Mrs. Lin Zhengjie and Mr. Guan Jiahui did their best to entertain them, otherwise the guests would feel left out. Of course, everyone was very satisfied in the end.

Many of the guests who came here expressed their desire to seriously investigate and travel in Hong Kong for a few days.

After all, the concept of "New London-Hong Kong" was first proposed by the Hong Kong media some time ago, and then Fortune also confirmed this statement.

For a time, Hong Kong became a city as famous as New York and London.

It is the world's financial center, Asia's entertainment center, and the Asia-Pacific trade center, and it is also not bad in the field of technology.

The online media was also very lively that day. Now news comes out as soon as possible, after all, thanks to the speed of the Internet.

Two days later.

The next day, Lin Zhengjie called the three brothers Lin Wenkai, Lin Wenji and Lin Wenyue together for lunch at noon in a private room of the Four Seasons Hotel.

Lin Wenkai is the second son of Ma Yawen; Lin Wenji is the second son of Zhao Yazhi (the eldest son is not Lin Zhengjie's child); Lin Wenyue is the eldest son of Lin Qingxia.

Lin Wenkai and Lin Wenji graduated from university last year and are working in the United States and Australia respectively; Lin Wenyue graduated this year and will also work during the summer vacation.

"dad"

"Have a seat, I'm here to talk to you about work today!"

Afterwards, the four of them ordered their meals, and the waiter was tactful and stopped interrupting them.

"Wen Kai, you have been working in an American real estate company for more than half a year. What have you learned?"

Lin Wenkai immediately said: "The model and laws are completely different from those in Hong Kong. First, there are many models for real estate investment there, emphasizing that 'the core of real estate is financial operations'. Secondly, real estate investment there has many links, different departments and companies."

Lin Zhengjie nodded and said, "If we go to invest there, which investment model should we use? Do you think our model is better or the Western model is better?"

Lin Wenkai said without hesitation: "Of course our model is good. We are steady but not forgetting development, and we are developing but not forgetting stability."

Lin Zhengjie said: "Okay, then you should learn more and get familiar with their operations. In two years, when Chinese Estates expands overseas, you will play an important role."

Currently, Chinese property developers mainly own properties in Hong Kong and the Mainland, with only a small number of properties overseas.

"Well, I must learn from my mother, sisters, and brothers."

Working together to develop Chinese Estates was the rule that Ma Yawen set for them. Even Ma Meiyin was an important member of the management team of Chinese Estates.

According to Ma Yawen's idea, Chinese Estates Holdings will not be split up. In the future, the shares she holds will be given to Lin Wenyi and Lin Wenkai in the form of a trust. The company will be managed jointly by the three siblings, headed by Lin Wenyi.

Then, Lin Zhengjie said to Lin Wenji: "Wenji, are you interested in working at Hengfeng Financial Group?"

Lin Wenji thought for a while and said, "Dad, I want to develop in Australia!"

Hong Kong is too crowded, and his mother is not a business person, so she is worried that if he returns to Hong Kong to work, the competition between brothers will be too great. What's more, he went to Australia to study very early and has adapted to life there. He mainly wants to make his own way.

Lin Zhengjie said: "It is not suitable to invest in the past two years, as global assets are too high. So, you can work in the Australian branch of Barings Bank for another year and a half. If you start a business at that time, I will give you some advice."

Lin Wenji said happily: "Thank you, father"

It felt good to be valued, and he trusted his father's judgment.

Lin Zhengjie's idea is very simple. By the end of this year, Zhao Yazhi will be able to cash out a lot of cash flow. He will then give some to Lin Wenqi to set up an investment company.

Although starting a business is risky, we cannot not provide any support at all.

Finally, Lin Zhengjie looked at Lin Wenyue and said directly, "After graduation, join the American branch of Barings Bank!"

"Father, why don't you ask for my opinion?" Lin Wenyue said somewhat dissatisfiedly.

"Your mother's choice of major in college (finance) is what she wanted. Of course, if you have any objections, you can raise them and I can help you communicate!" Lin Zhengjie pretended to be a peacemaker.

In fact, when Lin Wenyue was in junior high school, Lin Zhengjie had discussed with Lin Qingxia and suggested that the child join Hengfeng Financial Group in the future, because he encouraged his other sons to join this financial group and eventually climb up with their own abilities.

Therefore, Lin Qingxia decisively let her son develop in this direction.

With Lin Zhengjie's genes, his son naturally has no low IQ. In addition, he has had a good learning environment since childhood, so Lin Wenyue is about to graduate from the Wharton School of Business.

There is no way. Everyone has a high IQ and a good learning environment. At worst, they will not go to a prestigious university that is not in the top 50 in the world. Basically, they will go to a top prestigious university.

Lin Wenyue said quickly: "I joined the American branch of Barings Bank and am willing to start from the bottom."

What a joke, he didn't want to offend his mother.

The reason why it is said to start from the bottom is that the bottom of a financial company, and especially a large investment bank, is a very remarkable position.

Lin Zhengjie smiled and said, "If you have any ideas, you can communicate with us. We are very democratic as parents."

Lin Wenyue nodded, but he didn't believe in this "democracy" in his heart.

It seems that my father is very democratic, but in fact, it is not the case, because my mother listens to my father. In their family, the father is kind and the mother is strict.

Perhaps every mother feels that in order to gain the approval of their father, they must be strict.

There is nothing wrong with joining the Bank of Bahrain, but Lin Wenyue wants to go to Wall Street to accumulate more experience if possible, and then join Hengfeng Financial Group, which will be more beneficial to his development.

But it is clear that his future is well planned.

(End of this chapter)