Hong Kong 1980: The Savage Era

Chapter 110【Acquisition Case Breaks Out】

Guan Jiahui's face changed drastically. In fact, she didn't have a big objection to Luo Qihong finding a mistress. Her father Guan Shan had cheated on her before, and her mother Zhang Bingqian loved money to the core. She also thought that she could sit in the position of "the queen", so what she said was more of a test than a settlement of accounts.

Luo Qihong glanced at Guan Jiahui, guessed some thoughts from her expression, and said, "Actually, I was just playing with the secretary. I still like you, otherwise I wouldn't teach you how to trade stocks and houses."

Beauties of Guan Jiahui's level are rare, and Luo Qihong doesn't want to let go for the time being. Of course, if Guan Jiahui wants to break up, Luo Qihong won't try to keep her.

"Hmph! Who knows if you just said the same thing to that secretary?" Guan Jiahui snorted proudly. As long as Luo Qihong had her in his heart, she was willing to continue.

Compared to Liu Luanxiong in his previous life, Luo Qihong was much more handsome, and she had witnessed some of the process of Luo Qihong's rise to wealth. She knew that even if she was out, she could still make a lot. Wouldn't it be a big loss if she quit now?

Luo Qihong smiled and said, "The secretary knows that I have a girlfriend. She just wants to make more money. She is different from you."

Seeing that Luo Qihong's words had weakened, Guan Jiahui started to put on airs again, waiting for Luo Qihong to come up and coax her.

Luo Qihong smiled silently and said, "Let's go. I'll take you to Central for some shopping."

Guan Jiahui was stunned when she heard what Luo Qihong said. She thought Luo Qihong was going to comfort her.
"Are you going or not? If not, I have to go back to work in the company." Luo Qihong smiled faintly.

Hearing the footsteps start to move, Guan Jiahui turned her head and said, "Of course I have to go. I'm going to teach you a lesson today."

Seeing Guan Jiahui running out, Luo Qihong thought it was not bad, so he closed the shop curtain.

The next morning, Guan Jiahui was still lying in bed, while Luo Qihong had already started getting dressed and getting ready to go to work.

Although Guan Jiahui also lives in a mansion, Luo Qihong always feels that the atmosphere in a hotel is much better and can easily stimulate hormones.

At 10 o'clock in the morning, Luo Qihong received a call, and a look of joy rose to his eyebrows. "Okay, I got it. You continue to help me keep an eye on the stock price and report to me every half an hour."

The takeover of Hong Kong Electric Company finally broke out. Connor, the boss of Hong Kong Electric Company, launched a counter-takeover. The stock price began to soar, with an increase of more than 4% in half an hour.

In fact, Connor had already noticed the abnormal stock price of the electric light company, but he remained calm because he needed time to prepare. If he rashly launched a counter-takeover case, he would only be at a disadvantage.

After Luo Qihong and Zhang Taotao sorted out the information, they began to analyze it and found that the shareholding of the Swire Properties Group exceeded 26%.

Even though the stock price was rising rapidly, the Swire Properties had no intention of stopping and instead accelerated the pace of acquisitions, which made Luo Qihong quite worried that once it acquired enough shares, Luo Qihong's plan would be declared bankrupt.

Therefore, Luo Qihong did not bother to let Connor prepare, and immediately exposed the acquisition to the newspaper media, which directly triggered the acquisition.

Luo Qihong knew very well that Connor's "weak arms and legs" would hardly be able to stop the acquisition by the Jardine Matheson Group. This man was far inferior to Zhou Xinian, the chairman of the Dairy Farm Company in 72, and he would not be able to hold on for long.

While Luo Qihong was deep in thought, Lin Luoqi came to visit him. The topic of his visit was naturally about the acquisition of the electric light company.

"Ah Hong, the acquisition is finally here. How many shares of the electric light company did you buy?" Lin Luoqi asked excitedly before he had time to sit down.

Luo Qihong waved his hand and said, "Not much, only 4 or 5 million."

"No leverage used?" Lin Luoqi seemed a little unconvinced.

Luo Qihong shook his head. "I used leverage, 5 times leverage. What about you? How many billions did you buy?"

"How can it be hundreds of millions? It's probably tens of millions, and leverage is also used." Lin Luoqi said. "That's not right. You all got 7 million yuan from the sale of Jide Real Estate Company. If you buy it back with 5 times leverage, you will already have 3.5 million yuan." Luo Qihong laughed.

Lin Luoqi shook his head. "That was the original plan, but the shareholders proposed to use the funds to repay the debts of Haofeng Real Estate Company. Finally, my dad got angry and decided to participate in the acquisition in the name of the family. He also obtained a 5-fold leverage from the bank, and the total investment was not much more than yours."

Luo Qihong didn't dwell on this issue. How much the Lin Zuhui family bought had nothing to do with him anymore. Now everyone made money based on their own abilities.

"At such a tense moment, you still have time to come to me?" Luo Qihong poured Lin Luoqi a cup of tea with a smile on his face.

"Haha!! You came here to learn from others. To what price do you think the stock price of the electric light company can rise?" Lin Luoqi asked seriously.

Luo Qihong shook his head. "No one knows how high the price will go until the end. I think 6.5 yuan is the limit. This is my current view and cannot be used as a reference."

Lin Luoqi nodded and said, "If you want to sell, can you give me a call to let me know?"

"Of course! Remember to tell me when you ship the goods." Luo Qihong said with a smile.

Both of them knew that it would be impossible for them to notify each other in time. It was very likely that they would notify each other after selling part of the goods, or tell each other after the sale was completed.

In Luo Qihong's opinion, Connor should be able to hold on for a week. Its current share price is 4.7 yuan, with a market value of 58.75 billion yuan, which is almost the same as the net asset value of the electric light company.

"Okay! It was you who released the news in the newspaper, right?" Lin Luoqi asked.

Luo Qihong nodded slightly. "Yes, I was the one who notified them. The situation was urgent at the time, and the Land Development Company had already mobilized a large amount of funds. If the acquisition case was not exposed, the Land Development Company might succeed in the acquisition."

An extra explanation can avoid unnecessary trouble. Although both parties have ulterior motives, they are still polite on the surface.

"Actually, I also mobilized some private funds to buy it. They are funds from the account of Dehe Real Estate Company. If I can make a good profit from this acquisition war, I can also consider persuading my dad to completely turn Yiren Real Estate Company into a listed company that I personally control." Lin Luoqi said ambitiously.

Luo Qihong was not surprised. Lin Luoqi has always been an ambitious guy. He used to be a real estate agent in North Point just looking for an opportunity to get into the family business. Now that he has been influenced by Luo Qihong, he wants to break away from the family and become independent.

However, all this has nothing to do with Luo Qihong anymore. There was a cooperative company called Dehe Real Estate Company back then. Now Luo Qihong can't find any reason to help Lin Luoqi.

Seeing that Luo Qihong didn't respond, Lin Luoqi continued, "How do you think I should develop Dehe Real Estate? There are too few acquisition battles like today, and without you, I basically can't participate."

"Dehe Real Estate Company is not a listed company and can only carry out projects in accordance with the rules. It is difficult to make big profits from other places." Luo Qihong does not want to always take care of Lin Luoqi, a guy who is a bit "stupid" (taking advantage).

"Well, that's the only way. The business of shop partitions is getting worse and worse. The current profit margin has dropped to 3.7%. I'm afraid it will drop to 2% later." Lin Luoqi sighed, "If we speculate on properties, Dehe Real Estate Company has too little funds."

Seeing that Lin Luoqi kept chattering, Luo Qihong couldn't stand it anymore, so he said, "Yiren Real Estate Company is doing well. You may not be able to get Yiren Real Estate Company, but Dehe Real Estate belongs to you alone. It's not reasonable to protect the interests of Yiren Real Estate Company too much."

Luo Qihong suggested that Lin Luoqi transfer part of the profits of Yiren Real Estate Company to Dehe Real Estate Company.

"The scale of Yiren Real Estate Company is too small. Even if some profits are transferred, it won't be much." Lin Luoqi shook his head and said.

"If the plate is small, then expand it. It's not like you don't have experience in this area. Didn't Jide Real Estate Company provide a place for you to practice?" Luo Qihong said with a wry smile.

(End of this chapter)