Hong Kong 1980: The Savage Era

Chapter 126 [Take them all] (Subscribe)
"Since Mr. Luo already knows it, I might as well tell you straight out. The loss of this tenement building is around 350 million yuan. The Wei Kee Building is nearly 7 million yuan cheaper. To be honest, Mr. Luo got the better deal." Zhu Baiqi said shamelessly.

罗齐鸿勾起嘴角道“我可没有答应朱生要用1亿5千万收购维记大厦，从始至终的最高价是1亿4千5百万，如果算起来，我还要亏150万元。”

Zhu Baiqi was indeed good at being cunning, and he had mastered the trick of adding weights from street vendors. At the same time, he saw how urgent Luo Qihong was to acquire Wei Kee Building, and took the opportunity to add "rubbish" into it. It looked like nothing, but in fact, he was transferring the losses of Baiqi Real Estate Company to Paramount Company.

"Mr. Luo, it's only 150 million yuan, which is just a drop in the bucket for Paramount Company. There is almost nothing to negotiate on the price, but it can allow Paramount Company to gain advantages in other aspects." Zhu Baiqi knew very well that among so many buyers, Luo Qihong had the best chance of acquiring the two properties.

In fact, what Luo Qihong cared about was not the mere 150 million yuan, but the trap set by Zhu Baiqi, which made him have to be vigilant.

"I'm offering 9 million for the tenement house in Ho Man Tin and 1 million for Wai Kee Building. If Mr. Zhu thinks it's feasible, we'll go and sign the contract later. If not, we'll still be loyal even if the deal doesn't go through." Luo Qihong stated his final plan forcefully.

Zhu Baiqi took a deep look at Luo Qihong and immediately smiled and said, "Okay, then we'll go to the law firm to sign the contract later."

"There's no rush about signing the contract. We still need to talk about the payment." Luo Qihong had a smile on his face, and the initiative seemed to be back in his hands.

"How does Mr. Luo want to pay? I personally think the market practice is very good." Zhu Baiqi said tentatively.

"Okay, then we'll follow the usual practice. Paramount will pay a 2% down payment first, and the remaining 8% will be paid within three months. The order of payment will be 3%, 2%, and 3%. How about that?" Luo Qihong spoke first and slightly changed the 'usage'.

Zhu Baiqi felt a little uncomfortable, but it was impossible for Baiqi Real Estate Company to get all the money for Wei Kee Building at once, so he nodded and said, "The money for the residential tenement building must be paid in full at one time."

Luo Qihong said readily, "OK! Then the first payment that Paramount Company needs to pay is 3 million yuan."

Zhu Baiqi nodded slightly. He had finally sold the residential tenement building in Ho Man Tin, which had been bothering him for many days.

Paramount Company had 7 million yuan in cash in its account. Luo Qihong paid 5 million yuan to Baiqi Real Estate Company without hesitation, so there was a remaining 3760 million yuan in the Paramount Company's account.

After acquiring Wai Kee Building and the residential tenement building in Ho Man Tin, Luo Qihong began to consider how to solve the repayment problem of Wai Kee Building and the loss problem of the residential tenement building.

The final payment for Wei Kee Building involved a series of plans that could not be resolved in a short period of time, so Luo Qihong set his sights on residential tenement buildings.

It is impossible to renovate residential tenement buildings at present because the Hong Kong government’s compensation documents have been released. No matter how beautiful the tenement building is, it is only worth 5 million yuan, and the cost of renovation is tantamount to throwing it into the sea.

"Manager Su, please check the situation around the residential tenement buildings in Ho Man Tin, and focus on investigating whether there are any properties next to the tenement buildings for sale." The only thing Luo Qihong could think of was to merge the buildings and expand the area of ​​the tenement buildings, which might increase the value to a limited extent and save the losses caused by the highway.

Luo Qihong believes that the most important thing is that the location of the highway has not yet been determined. Under such circumstances, there is still room for maneuver. After all, even real estate veterans like Zhu Baiqi are anxious to sell their properties, so one can imagine the impatience of other owners.

Luo Qihong always believed in the principle of "I take what others abandon and I discard what others take" as said by real estate tycoons. The worst that could happen is that he would lose some money.

"Boss, do you want to merge buildings to increase the value?" Su Qishan asked.

"What? You think it's not advisable?" Luo Qihong asked with a smile.

Su Qishan thought for a moment and said, "In fact, it's not that real estate developers like Zhu Baiqi didn't think of taking the opportunity to buy the land and property next to the residential tenement buildings in Ho Man Tin at a low price, but once the land is divided into two by the road, I'm afraid the loss will be even greater."

“Of course, we can continue to acquire, and the impact of expanding the territory to two will be small, but the funds involved will be huge, and the current land market is a bit tired and full of crises, so our peers have begun to invest conservatively.”

Su Qishan's opinion made sense, and Luo Qihong also felt that this kind of thing was very likely to happen. The current Paramount Company was not suitable for this project, but he also had a company that was suitable for medium- and long-term investment in the Ho Man Tin residential tenement building project.

"You go and investigate first. The residential tenement building can be resold to my Zhaoan Real Estate Company. If you want to work for me in the future, you can transfer to Zhaoan Real Estate Company." Luo Qihong gave Su Qishan a verbal promise to comfort Su Qishan.

Hearing this, Su Qishan's eyes lit up immediately, "Yes, I'll go investigate right away."

The "pie in the sky" method in this world is still quite effective, and of course Luo Qihong is not just talking.

He has too few talented people at his disposal. With the expansion of Zhaoan Real Estate Company in the future, people like Su Qishan will still be able to play a significant role.

As the afternoon was approaching, Luo Qihong signed a contract with the owners of three shopping malls in the urban area of ​​Kowloon and the owner of Jiadu Building. Li Jiafeng invested 3 million yuan, accounting for 145% of the equity of the two shopping malls.

Paramount Company invested a total of 3275 million yuan, of which the Jiadu Building was sold for 2 million yuan. With such spending, Paramount Company had only a few million yuan in working capital left in its account.

Mid-Levels Ulsan Garden Luxury Home

Luo Qihong was sitting on the sofa reading newspapers. He had been quite busy recently and the time he spent reading newspapers at work had been reduced by at least half. Now he could only make up for the homework at home.

In fact, even in the 21st century, when electronic technology is advanced, paper newspapers still have a good subscription volume, because many companies need them, and the business and development of companies are related to policies, so business owners have to pay attention to these news. Most of the content on the newspapers is some articles criticizing the current situation, mostly "toxic chicken soup". Today's cities are not as prosperous as before, and the activity of Hong Kong's economy is inevitably reduced, but there is still a long time before the crisis.

"Ah Hong, Yulang International Company sent someone to negotiate with us. They said that as long as we are willing to continue to help print comics, they can withdraw the lawsuit." Luo Qixing leaned on the back of the sofa, staring at Luo Qihong.

This was a small accident. Luo Qihong did not expect that Huang Yulang would be willing to lower his posture and take the initiative to seek peace.

Then Luo Qihong thought again that Huang Yulang had no other options and was forced to make peace. When Yulang International Company recovered, Huang Yulang would still deal with Shengyun Printing Company.

"Brother, what do you mean? Cooperate or not cooperate?" Luo Qihong asked.

Luo Qixing thought for a moment and responded, "Let's cooperate. Dad is right. It is better to resolve a feud than to create one. Harmony brings wealth."

Luo Qihong smiled and said, "Okay, then we will continue to cooperate with Yulang International as you wish, but we need to take some precautions. Yulang International needs to settle the printing costs before printing each issue of the product, and needs to sign a 5-year contract with us. Within 5 years, no matter what the reason, Yulang International cannot terminate the contract, otherwise it will need to compensate us for the loss of 5 million yuan."

"." Luo Qixing was a little dumbfounded. Isn't this clearly embarrassing Yulang International? Yulang International probably won't agree.

"Ah Hong, we need to cooperate, not compete with each other." Luo Qixing said in a somewhat blaming tone.

Luo Qihong shook his head. "This is a precaution. As long as Yulang International does not take any actions that are detrimental to us, the conditions are not too harsh."

"Our relationship with Yulang International is irreparable. If we continue to trust them as we did before, they will cause us a lot of trouble."

Luo Qixing nodded awkwardly, "Then I'll talk to them, maybe they are really willing to agree to these conditions."

"By the way, I received news that Yulang International is spending a lot of money to acquire some small printing companies, and they are moving very quickly, as if they are rushing to produce comics." Luo Qihong added.

Luo Qihong smiled, he was sure that Yulang International was at its wit's end. As for stopping Yulang International's expansion, he certainly wanted to do it. Unfortunately, Shengyun Printing Company was too weak and could not compete with the established Yulang International, unless he personally took action.

However, Luo Qihong was also in trouble at this time. After all, Paramount Company was much more important than the small Shengyun Printing. If Paramount Company was sold smoothly, he could acquire 20 Shengyun Printing Companies.

"This is none of our business. Shengyun Printing Company's strength can only go so far. If it continues to compete with Yulang International Company, Shengyun Printing Company will be in crisis. Once the profit cannot pay the bank's loan interest, the company will have to close down." Luo Qihong threatened Luo Qixing.

Luo Qihong's face changed slightly. He thought Luo Qihong would continue to interfere in the affairs of Yulang International.

Soon, dinner was ready and the family got together to prepare for the meal.

"Today we met Cheng Bo in North Corner, and we talked about you and Cheng Bo's daughter Jinyan. Are you still in touch?" Lin Ya took a bite of rice and asked Luo Qihong.

Luo Qihong was stunned for a moment, not knowing how to answer Lin Ya. From Lin Ya's tone, it seemed that she had received some information from Cheng Bo and was thinking of testing him.

Luo Qihong and Bai Jinyan only had an ordinary cooperative relationship. In order to get out of trouble, he told part of the truth. "Sister Jinyan works at Sun Hung Kai Securities. My company just happened to have some business that needed Sister Jinyan's help. So we have some contact now, but it's only work contact, not personal contact."

Lin Ya smiled meaningfully, "When did you become so dishonest? I heard from Cheng Bo that Jinyan has a very good impression of you and often talks about you at home. When do you plan to confirm your relationship? Your mother and I are going to drink this cup of bride tea."

"." Luo Qihong's eyes widened immediately. What the hell? There is really nothing going on between Bai Jinyan and me.

"Mom, Sister Jinyan and I are really just work colleagues, and," Luo Qihong gritted his teeth and said, "and I have a girlfriend, who was my colleague when I was an agent."

"Is it true? Don't use some messy people to deceive me." Lin Ya still didn't believe it. She was very satisfied with Bai Jinyan. The working relationship mentioned by Luo Qihong just now made her even more satisfied. It was a good thing that the future daughter-in-law could help her son in his career.

"It's true. My eldest brother has seen it." Luo Qihong quickly winked at Luo Qixing.

Luo Qixing's lying skills have always been poor, and Lin Ya saw through his lies before he even opened his mouth. "You know your elder brother can't lie, so don't make it difficult for him."

Seeing this, Luo Qihong felt helpless and sighed, "Sister Jinyan and I are really not suitable. If we force ourselves to be together, it will only make everyone unhappy. Why bother?"

Lin Ya was not easy to fool, so she said unhappily, "If it's really not suitable, let Jin Yan tell me, otherwise how can I believe you."

Luo Qihong didn't dare to say anything anymore. Lin Ya was in a good mood right now, so it would be useless to say anything. As for taking Bai Jinyan home, Luo Qihong would not do it, and Lin Ya couldn't drag him to go on a date with Bai Jinyan.

Lin Ya chattered for a while, but when she saw that Luo Qihong remained silent, she stopped talking. However, the atmosphere at the dinner table became much more depressing.

(End of this chapter)