Reborn Xiangjiang as a Tycoon

Chapter 393 Year-end summary of 2078 (two-in-one)

Lin Baicheng has the 1978 annual reports of each company, and he has read them all, and has a clearer understanding of the development of each company in 1978.

At the same time, Lin Baicheng began to calculate his income in other areas in 1978.

When Hutchison Whampoa was shorted by Li Jiacheng and Feng Jinxi for the first time in 1978, Lin Baicheng asked Iwasaki Mineryu to cooperate, and the two made a fortune by going long on Hutchison Whampoa. At that time, Iwasaki Mineryu was the one who provided the funds, but

In the end, the profits were shared equally between Lin Baicheng and Iwasaki Mineryu.

At that time, the two made a profit of HK$2.4795 billion, which was an after-tax profit. Lin Baicheng received HK$1.24 billion at that time.

In addition, Lin Baicheng himself also transferred HK$100 million from Galaxy Games to Yum Securities. He also bought the bottom and went long Hutchison Whampoa when the market was low. The after-tax profit at that time was HK$510.3 million.

This 510.3 million Hong Kong dollars is the after-tax profit, and the more than 50 million Hong Kong dollars in taxes to be paid are placed in Yum Securities and handed over to Anyuan and others for operation, and taxes will be reported and paid at the end of the year.

Adding both sides together, the first time Hutchison Whampoa was shorted, Lin Baicheng's profit was HK$1.7503 billion, which were after-tax profits.

Later, due to the adjustment of international gold prices, Lin Baicheng conducted a long gold futures operation on Goldman Sachs and made a profit of 422 million Hong Kong dollars.

Then Bao Yugang asked Lin Baicheng to help buy Wharf stocks. Although the plan later changed due to Jardine Matheson's increase in holdings, Lin Baicheng bought a lot of stocks at low prices at the beginning. Later, when Bao Yugang started to join in the acquisition of Wharf

, sold when the stock price was high, and made an after-tax profit of HK$44 million, a small profit.

After that, Lin Baicheng's profit from long gold futures was settled. The profit through the Goldman Sachs channel was US$992 million after tax, the profit through the London channel was US$72 million after tax, and the profit through the Tokyo channel was US$73.6 million after tax.

This total after-tax profit of US$1.1376 billion is the profit from Lin Baicheng’s own capital investment and has nothing to do with the company.

US$1.1376 billion, converted into Hong Kong dollars, is HK$4.77792 billion, which is not much different from HK$5 billion.

The last time he made a big profit was when Hutchison Whampoa was shorted. This time it was shorted by many British-owned families. Lin Baicheng used a principal of 100 million US dollars to buy Hutchison Whampoa's stock at the bottom through the channels of offshore companies. Due to time constraints, it did not exist in 1978.

The cash profit was from 59.1 million Hutchison Whampoa shares.

Of course, it is now January 20th. The Hutchison Whampoa stocks in the hands of the offshore company are slowly being sold, and a lot of funds have been withdrawn. However, it really has to be calculated based on the time as of the last day of 1978. This time the gain was

The only profit is stocks and no cash.

Throughout 1978, Lin Baicheng made a lot of profits, but he also made a lot of investments and expenses.

The first is Lin Baicheng’s Galaxy Games, Yum Securities, Asia Television, Jupiter Toys, Hutchison Whampoa, Star Pictures, Star Cinema, Galaxy Bank, Hong Kong Electric Group, Yingni Company, Galaxy Semiconductor, and Venus Electric Company in Hong Kong.

Among the two companies, except for Galaxy Games, Yum Securities, Asia Television and Jupiter Toys, they were all established in 1978.

Among these enterprises, Lin Baicheng spent a lot of money on acquisitions and capital injections. Hutchison Whampoa spent 1.202 billion Hong Kong dollars, Star Pictures 20 million Hong Kong dollars, Star Cinema 170 million Hong Kong dollars, Galaxy Bank 100 million Hong Kong dollars, and Hong Kong Electric Group 1.75 billion Hong Kong dollars.

, Qingzhou Yingni 148.2 million Hong Kong dollars,

Galaxy Semiconductor has HK$1.1298 billion, and Venus Home Appliances has HK$54.6 million.

In addition, four companies, Galaxy Games, Yum Securities, Asia Television and Jupiter Toys, Lin Baicheng, also invested. Yum Securities invested HK$50 million, Asia Television followed up with a capital injection of HK$100 million, and Jupiter Toys followed up with a capital injection of HK$43.8 million.

If all investments are added up, Lin Baicheng's investment in various enterprises in Hong Kong is HK$4.7684 billion.

These are companies in Hong Kong, including Bailong Commercial Co., Ltd., Zhiyin Comics Publishing Company and Baihuifeng Co., Ltd. in Japan. Zhiyin Comics Company was acquired in 1977 and invested HK$50 million in 1978. Bailong Commercial Co., Ltd. invested 1

US$100 million, Baihuifeng Co., Ltd. only invested HK$8 million.

Three Japanese companies, Lin Baicheng invested 478 million Hong Kong dollars in 1978.

Among the New Century Software Company, Starlight Company, Morning Star Pictures, Galaxy Semiconductor, Zhonghe Games Company, Golden Fleece Company and Marvel Comics in the United States, Marvel Comics was acquired in January 1979, so there is no need to calculate.

New Century Software was established in 1977. This company had no investment in 1978. Starlight invested US$50 million, Morningstar Pictures invested US$50 million, Galaxy Semiconductor invested US$10 million in renting office space and recruiting personnel, and Zhonghe Game Company invested US$50 million.

4 million U.S. dollars, Golden Fleece Company’s principal capital is 800 million U.S. dollars.

The investment by companies in the United States was US$914 million, which in Hong Kong dollars would be HK$3.8388 billion.

The total investment in Hong Kong, Japan and the United States is 9.0852 billion Hong Kong dollars, nearly 9.1 billion Hong Kong dollars.

In 1978, Lin Baicheng's investment income was HK$6.9942 billion, but his investment expenditure was HK$9.0852 billion, a difference of HK$2.091 billion.

However, there are other things that have not been calculated here. Lin Baicheng's initial loan of HK$2.5 million and the loan of HK$30 million from Standard Chartered were also repaid in 1978. These are also considered expenses, so these are added to the difference, and the total difference is HK$2.1235 billion.

Lin Baicheng borrowed US$100 million from Goldman Sachs in 1977. This US$100 million was also placed in Goldman Sachs's long gold futures account as principal, so there is no need to calculate the offset between the two.

The HKD 300 million borrowed from Standard Chartered to acquire Wharf was later used to acquire Hutchison Whampoa. However, Standard Chartered fell out with the British family because they sided with the British family when they shorted Hutchison Whampoa.

When the loan was returned to Standard Chartered, it was nothing more than paying some interest, so there was no need to calculate it.

Lin Baicheng also has two large loans, namely a US$250 million loan from Mitsubishi Bank and a HK$1 billion loan from HSBC. Except for the US$100 million placed in Mitsubishi Bank's long gold futures account, these loans can all be counted.

The revenue amounted to HK$1.63 billion.

After all this calculation, Lin Baicheng was still short of HK$500 million, which was simply not enough money.

Fortunately, in 1977, Lin Baicheng still had more than HK$500 million in cash, which was enough to offset the difference.

In this way, it seems that Lin Baicheng should have no cash to use now, but Galaxy Games made a profit of 1.28 billion Hong Kong dollars in 1978, and its expenses were only about 750 million Hong Kong dollars, leaving more than 500 million Hong Kong dollars for Lin Baicheng to use.

.

Furthermore, a large number of Hutchison Whampoa stocks held by offshore companies have been sold, which has withdrawn a lot of funds, and there is no need to worry about running out of money. However, the income and expenses of 1978 are now being calculated, so

This money is not included in the calculation.

Of course, in terms of assets, Lin Baicheng also has a Boeing 747 private jet, three modified bulletproof extended Lincolns, a castle in London, 6 villas in Hong Kong and Japan, 10 villas in the United States, and a 200,000-acre farm.

These assets are consumption tax avoidance. Even Lin Baicheng's employment expenses such as bodyguards and maids are included in the tax avoidance. Hiring people to create jobs can naturally avoid taxes. This is a tax avoidance method used by professional accounting companies.

In general, in 1978, Lin Baicheng's assets and career took off tremendously, mainly due to financial profits. The billions of Hong Kong dollars in business operations simply could not support his exaggerated expansion.

For Lin Baicheng, 1978 is already in the past, and now it is 1979. What he has to do is to create a large amount of profits this year and lay a solid foundation for future investment in semiconductor and other industries.

Boom! Boom!

"Son, it's time to eat."

With a knock on the door, Lin's mother, Zhao Huilan, walked in.

"Mom, I'll be down right away."

Lin Baicheng put the annual report in the drawer and stood up to tidy it up.

However, Zhao Huilan did not leave. Instead, she closed the door and walked in, saying, "Son, what did you and your sister say before?"

Lin Baicheng said: "My sister and I said that if they really like each other, then I wish them well."

"Then how do you know whether Cheng Yufeng is sincere to your sister?" Zhao Huilan asked.

"Mom, I know what you are worried about."

Lin Baicheng walked over and said with a smile: "I have asked people to secretly investigate Cheng Yufeng's private life. If there are no problems in his private life and he does not have a girlfriend now, then we will bless them. Is he sincere?

We can't tell it from the surface at all, as long as there is no problem with his character, what do you think?"

"That's what you said, so let's do as you say."

After hearing this, Zhao Huilan thought for a moment and nodded lightly.

Lin Baicheng warned: "Mom, I have people investigating Cheng Yufeng's matter. You can just mention it to your father, but don't tell anyone else. No matter whether it is the elder sister or the younger sister, you must keep it a secret."

"Don't worry, we know it."

Zhao Huilan nodded to express her understanding. After all, it doesn't sound good to talk about such a thing like a secret investigation, and it must not be known to others.

Lin Baicheng said: "I will tell my parents when the investigation results come out. In terms of time, it may be a few days faster, and a month, two or three months later will be enough."

"Okay, then your dad and I will wait until you investigate and tell us." Zhao Huilan said.

The two of them stopped talking about this topic and went out of the study to have dinner downstairs in the villa.

Shortly after dinner, Lin Baicheng contacted Zhong Chuhong and asked her to go shopping together in the evening.

The Spring Festival is approaching at the end of the year, and Lin Baicheng has many people who want to visit before the New Year, and many people want to visit him. It can be said that he will be quite busy in the next few days.

However, no matter how busy he was, at noon the next day, Lin Baicheng still found time to drink coffee with Commissioner Henry of the police station and meet him.

This time Lin Baicheng brought Qin Lan over. He wanted to recruit a few Flying Tigers or other elite police officers as bodyguards. Henry, the division chief, was the most suitable person to help him. He could get information about the relevant elites from Henry, and then screen them.

The selected target is invited.

This invitation is not 100% successful. Although the remuneration of the Flying Tigers and the police is not high, and even the Flying Tigers are a bit dangerous, some people just like to be the Flying Tigers and the police, no matter how high the salary is.

Become a rich man's bodyguard.

Of course, there will definitely be fewer such people. After all, Hong Kong under British jurisdiction is no different from capitalist countries. They all look at 'money' and capital is the master. Most people work to earn more.

Just a lot of money.

"No problem, just give me a day or two and I will send you information on people who meet Lin Sheng's conditions."

After learning that Lin Baicheng asked him for help, Henry agreed without thinking. In fact, this matter was not difficult at all. As for saying that police information is confidential, it depends on who it is for, and for ordinary people.

Of course it is a secret for people, but not for rich people like Lin Baicheng.

"Henry, thank you very much. I will never forget this favor."

Lin Baicheng was not surprised. Henry's refusal to help him made him surprised and puzzled.

"I can make a lot of money this time if I can make Lin Sheng remember the favor."

Henry couldn't help but grin when he heard this. Lin Baicheng is now the richest man in Hong Kong, with assets of more than 10 billion Hong Kong dollars. He is a big capitalist, and it will definitely not be a loss to get a favor from him.

"Lin Sheng, can you allow me to ask you a question?"

"Of course, you asked."

Lin Baicheng nodded.

Henry asked: "You said that the international gold price can break through 300 US dollars per ounce, can it really rise that much?"

"Henry, I won't tell you too much about the basis of my judgment. Anyway, I firmly believe in this. At least so far, I have not lost money in my investments. You can still trust me before I suffer losses."

Although too many people asked him this question, and Lin Baicheng almost became impatient with the questions, he still explained patiently.

"What you said, Lin Sheng, is what you said."

Henry couldn't help but nodded after hearing this, and felt that it made sense. He immediately said: "Lin Sheng, I want to invest some more money in your fund. Is it possible?"

"It stands to reason that my fund has been closed and will no longer accept funds, but Henry, you helped me with this favor, and I have no reason to refuse you. Speaking of which, how much are you going to invest this time?"

Lin Baicheng pondered for a moment and agreed.

"I'm not as rich as Lin Sheng, I only have 2 million Hong Kong dollars."

The reason why Henry did not choose to invest in gold futures by himself was because he did not dare to use ten times leverage in his own operations, and he had no idea at what price to buy and sell.

In the market, it is better to leave the money to Lin Baicheng to take care of it. Although Lin Baicheng will take up to 50% of the share, it is more secure this way.

"Including the previous 2 million Hong Kong dollars, Henry, you have invested a total of 4 million Hong Kong dollars. If Henry, you believe me, in two or three years, your 4 million Hong Kong dollars will definitely turn into tens of millions of Hong Kong dollars."

Lin Baicheng said with a smile that although he was helping Henry and other ghost guys make money, developing in Xiangjiang and being friends with these people would only bring him benefits and no harm.

"It would be great if it could really turn into tens of millions of Hong Kong dollars."

After hearing this, Henry couldn't help but be full of expectations. You must know that his total net worth is not as much as tens of millions of Hong Kong dollars. The black money he earned through so many years of hard work is only about six million Hong Kong dollars. In just two or three years, he can earn

With all the black money he has earned over the years, it would be too easy.

After Lin Baicheng and Henry chatted for a while in the coffee shop, they left separately.

(End of chapter)