Wolf of Xiangjiang

Entering October, the Hang Seng Index, Dow Jones Index and others continued to rise, as if it was their last glory.

The Hang Seng Index finally broke through 10 points on October 30. The total market value of the Hong Kong stock market reached 40000 trillion Hong Kong dollars, surpassing the mainland and ranking sixth in the world.

That day, in the square of Taifook Group Center, several reporters came to Lin Zhengjie's car, intending to interview him.

Seeing that Lin Zhengjie did not refuse, the bodyguard simply stood by and remained vigilant.

"Mr. Lin, you have been cashing out red chip stocks recently. Can you tell me the reason? Are you pessimistic about the future market?"

"I remember that I said several months ago that we should be alert to the risks of US subprime mortgages. I still say that now. We should be alert to the risk of US subprime mortgages spreading to the world and causing an economic downturn!"

"You mean the stock market has peaked?"

“The increase scares me.”

Afterwards, Lin Zhengjie signaled to his bodyguard, closed the car windows, and left the scene.

He never tells lies to deceive people in interviews. After all, he is a celebrity and is worried about misleading others, even though he is also an investor.

In fact, he has been frequently asked about the stock market since September. Lin Zhengjie has always emphasized the need to be careful about the impact of the US subprime mortgage crisis and to be vigilant about the stock market.

Although he didn't say it, if you analyze it a little, you will know that Lin Zhengjie thinks the stock market is too crazy.

Unfortunately, the actual effect is still not significant. It may have been slightly restrained for a day or two, but afterwards, when the stock market soared, those who had originally listened immediately chased the high and entered the market again.

Some even blamed Lin Zhengjie for making a fuss and making them take a few days to figure out the market situation!

So, he really wasn't worried that anyone would notice his cashing out behavior.

Of course, there are still some impacts. For example, some wealthy people saw that Lin Zhengjie was cashing out, so they also cashed out some properties and reduced their debts. This kind of situation still exists, after all, everyone is familiar with it.

Of course, everyone is also cautious in reducing debt and will not feel that the sky is falling all of a sudden. After all, they did not know that the financial crisis would come, nor did they know that the subprime mortgage crisis would be so serious.

The day.

Lin Zhengjie's interview has already been posted on the website. Well-informed investors took the opportunity to sell some stocks and observe the situation.

In fact, Lin Zhengjie is far less high-profile than Li Zhaoji. Although he holds a lot of Hong Kong stocks, most of them are stocks he bought secretly. He does not invest much in red chips listed in Hong Kong from the mainland, mainly because his investments are very scattered, unlike Li Zhaoji who concentrates his investments in a few large red chips.

Therefore, this year's "stock god" must be Li Zhaoji, and the red chips he invested heavily in have all gone crazy. In addition, the media liked to interview him from the beginning, and later every time he appeared, hundreds of reporters followed him and asked about the stock market news.

In this way, those investors who followed Li Zhaoji in stock trading can indeed make a lot of money this year. However, if they don't know how to clear their positions next year, they will give back all their profits.

As of now (October 10) this year, the Hong Kong stock market has risen by more than 30%, which shows how crazy the stock market is!

"Lin Zhengjie is out to talk about the bad news again. The stock god is too timid! I don't believe that the subprime mortgage crisis in the United States can have much impact!"

"But I am a little worried. Mr. Lin Zhengjie has already started cashing out. I really want to quit while I'm ahead!"

"Tsk, don't regret it if you missed the opportunity!"

"Forget it, if I miss it, I'll just pay half."

For a time, the Hong Kong stock market did decline, and Lin Zhengjie was inevitably criticized by many people for being nosy. People said that he was nosy and asked why he kept making negative comments when he knew that his influence was so great.

One morning in November, Lin Zhengjie had breakfast with his family at No. 11 Peak Road (his ancestral home).

There were Lin Zhengjie's mother Li Cui'e, Lin Zhengjie and his wife Guan Jiahui, Lin Wendong and his wife Guo Ziqi, as well as their grandson Lin Shouyi who was born less than a month ago.

Yes, the third generation of the Lin family will be named "Shou", the meaning is self-evident!
After teasing his eldest grandson for a while, Lin Zhengjie handed him over to the servant, and then the family sat together to eat.

As for Lin Wenliang, ever since his sister-in-law came into the family, he moved to a western-style house on the top of the mountain, renting it, on the grounds of "inconvenience".

While eating, Lin Zhengjie signaled Guan Jiahui.

Then, Guan Jiahui took out a bank card and said, "Ziqi, there are 20 billion Hong Kong dollars in it. Take it in your hand and decide what you want to buy or invest in!"

Guo Ziqi was suddenly embarrassed and looked at Lin Wendong. After all, the amount of money was too huge.

On the other hand, she seemed to be somewhat uncomfortable with this kind of reward for having a child.

Lin Wendong immediately said, "Dad, Mom, we have money, and we don't spend much money normally!"

They do have money. Soon after they start working, their mother will give them a sum of money from a "family office" to accumulate for their living expenses from childhood to adulthood.

Based on the calculation that the family office was established in 1990, the amount is several hundred million Hong Kong dollars. Of course, there are some differences in the years in which each person receives it, and the living expenses are also increasing. Currently, it is 3600 million per person per year.

This money was only given after they started working, so during their college years, the living standard of the second generation of the Lin family was only that of a middle-class family.

Lin Zhengjie said at this time: "This money is not a reward for having children. We don't have such a rule in our family. This money comes from the dividends of the Taifook Group that you will inherit in the future. I will give you a share of the dividends every year in the future. You can choose to buy what you like, or you can choose private investment. Of course, the dividends of the Taifook Group also include the part of the Wheelock Group and Taifook Infrastructure Group that your two younger brothers will inherit. In addition, a large part of the dividends of the Taifook Group will be injected into the Lin Zhengjie Foundation for charity, so there will be a lot of dividends for you and your wife, but it's not that exaggerated! The dividends this time are 20 billion, Ziqi, you take it first."

Guo Ziqi finally took it down and said quickly, "Thank you, Dad, Mom, and Grandma!"

Li Cui'e smiled and said, "Why thank me?"

Lin Zhengjie immediately took his mother's hand and said, "Of course I want to thank you for giving birth to my son, haha!"

The whole family laughed. Filial piety is also something that needs to be passed down.

Lin Zhengjie is not at home all year round, Guan Jiahui will take care of his filial piety for him, and the relationship between mother-in-law and daughter-in-law is very good. Of course, other concubines often want to invite the old lady to come together. Li Cui'e is definitely a very popular elder.

morning.

Lin Wendong came to the chairman's office and said, "Dad, you're looking for me?" "Well, sit down and talk!"

Afterwards, the father and son sat on the sofa, drinking tea and chatting.

Generally speaking, Lin Wendong would not take the initiative to report to Lin Zhengjie, but to the Troika. After all, although he is already a director, his superiors are still the "troika", and all senior supervisors are the "troika", because most of the time Lin Zhengjie is busy with other things.

Today it was Lin Zhengjie who took the initiative to talk to Lin Wendong!

"This year, Taifook Group distributed 400 billion yuan in dividends, and my family received 200 billion yuan. I injected 180 billion yuan into the Lin Zhengjie Foundation, so the foundation's working capital has reached 300 billion yuan. Together with the donations I have made, I have invested 550 billion yuan, and the foundation has also made a profit of 50 billion yuan, so the total amount of donations is 600 billion yuan. What do you think of this?"

Lin Wendong immediately said: "I think my father's behavior is great and worth learning from. I am willing to join this foundation and contribute my own energy."

What he said was his real idea, which was to join the 'Lin Zhengjie Foundation' and learn how to do charity work.

Lin Zhengjie nodded and said, "Okay, as long as you support me, you can come in first and take up a temporary position, and then slowly get to know me. But in this way, you already have a job at Taifu, the family office, and the foundation. Will you feel tired?"

He is very open-minded. If you want to do it, you can do it. If you don’t want to do it, that’s also okay.

Lin Wendong said: "Although human energy is limited, I think the three units have perfect systems. I can focus some of my energy on the family office and the foundation. Besides, compared with my father, what I have is nothing!"

Lin Zhengjie said with satisfaction: "Good, this time the global financial crisis may break out, and the Lin Zhengjie Foundation will invest in more projects to ensure that this charity will grow bigger and bigger. The dividends next year will also be considerable, and I will continue to inject large funds into it."

Dividends of 400 billion will become the norm in the future, and will not affect the company's scale and cash flow. After all, the original normal profits were in the hundreds of billions (2006~2007).

The current cash flow of Taifook Group is about 410 billion US dollars, and at the same time, its debt is very low (it has repaid a lot in the past year), with a debt ratio of less than 10%. The reason why the cash flow is so high is naturally because it has cashed out about 300 billion US dollars of assets worldwide in the past year.

"Um"

Lin Zhengjie then said something very important: "Wendong, do you know why I want to set up 'Taifu Infrastructure Group'?"

Lin Wendong said decisively: "Father hopes that Wencheng will join this company in the future!"

He would never mention the word "inheritance" and no longer mentioned the word "inheritance" in the media. He also opposed the media saying that "he would inherit the Taifook Group".

Lin Zhengjie didn't care. It was already arranged that way. He continued, "You're right. In a few years, I plan to gradually transform our family's control over Wheelock Group and Taifook Group into direct holdings. In other words, I will transform Wheelock Group and Taifook Infrastructure Group into direct holdings by 'Lin Zhengjie Family', 'Taifook Group Shareholders', 'Wheelock Group Shareholders' or 'Taifook Infrastructure Group Shareholders'. We probably hold a little over 30% of the shares, but we directly hold shares in three companies. In the future, you three brothers will each manage a company, but the 'Father and Son Trust Fund' will directly hold the shares. I'm a little undecided now. Should I set up three father and son trusts to hold three different companies, or set up one father and son trust, with the three of you sharing the inheritance rights to hold the three listed companies?"

Lin Wendong didn't want to face the issue of inheritance, but now he has to face it!

He quickly said directly: "I think if the four of us are compared together, then, father, you may continue to be the richest man in the world, but we young people will not be so conspicuous, and our names will not be on the wealth list. This is conducive to our growth."

To be frank, father, you still protect us from the wind and rain. I really don’t want to be on this rich list!

In fact, Lin Zhengjie didn't want to go, but he had to go now. After all, isn't it normal to protect his son from wind and rain?

"Well, don't tell your two brothers about today's events for now. They are still young and need some training. I will make arrangements for the future, so just focus on your work. Whether it is you three brothers or your other brothers, you must understand that we have enough wealth. There is no need to intrigue against each other. We should unite together to resist the risks and changes in the future."

Lin Wendong nodded and said, "Don't worry, father. The education that our brothers and sisters have received since childhood and the education that our mothers have given us will not lead us to such a bad situation. I will also do my best to maintain the unity of the second generation of our Lin family!"

"Well, you still let me rest assured, go to work!"

"Ok"

After taking Lin Wendong away, Lin Wenjie smiled with satisfaction.

He greatly admired the unity of the Rockefeller family - among the 78 adult "Rockefellers", 73 of them had a common mind and worked together to deal with Exxon.

If someone wants to deal with the Lin family in the future, there will be hundreds of "Lin family members" to deal with him.

At least the 35 "second generation family members" (excluding illegitimate children) are very united and have many private gatherings.

"Boss, I want to report to you on the shipping, aircraft leasing, and cash flow."

Yuan Tianfan walked into Lin Zhengjie's office.

"Well, to put it simply, I have great trust in you."

Yuan Tianfan was very touched. The boss really trusted him.

"In terms of aircraft leasing, we have sold all our businesses and made a net profit of US$38 billion. In terms of shipping, we have reduced our cargo capacity by 5%, and we expect to gradually reduce our cargo capacity by 10% next year. Without affecting our business, we will gradually reduce our cargo capacity by 15%."

Yes, although it is known that the shipping cycle will be undervalued in the second half of next year, Wheelock Shipping cannot reduce its holdings of too many ships.

The reason is simple. Take container transportation as an example. Many of them have fixed routes and must be sent regularly regardless of whether the business is full or not.

In this way, Wheelock Shipping can avoid losing customers and lay the foundation for future shipping development.

However, Wheelock Shipping has a very powerful point, that is, it is part of the Wheelock Group and has sufficient cash flow as a foundation. It has more advantages than other shipping giants. At critical moments, it can even continue to acquire and merge to strengthen itself.

It also has many advantages in business, and has already established in-depth cooperative relationships with major global customers such as Amazon.

"In terms of cash flow, Wheelock Group currently has a cash flow of US$260 billion and a debt ratio of 11%."

Wow, he’s really the cash king!

会德丰的现金流中，光从赫斯基能源分红中，最近三年（2005~2007）就获得120亿美金；出售电讯资产获利80亿美金、出售飞机租赁获得38亿美金.
Therefore, even if high dividends are distributed, there is still huge cash flow.

"This cash is the basis for us to buy the bottom of the world later!"

Yuan Tianfan nodded and said, "It looks like the financial crisis is really coming!" (End of this chapter)