Hong Kong 1980: The Savage Era

Chapter 142 [Still have to use the old method]

Luo Qihong's explanation is also quite convincing. Considering Luo Qihong's performance and achievements since his debut, as long as Luo Qihong does not do anything stupid, the possibility of accidents is not high. It's just that Luo Qihong's debt is a bit scary.

Liang Botao is more worried that Luo Qihong will go bankrupt or be hit hard because of this. In fact, Liang Botao has also placed a bet on Luo Qihong, otherwise he would not have said some sincere words of advice.

After all, some truths may offend people, and the relationship between the two still seems a little weak.

If there is a successful example like Luo Qihong among the partners to support Liang Botao, the business of Wan Guo Bao Tong Financial Company will definitely be further improved, and even attract some tycoons to patronize, such as Du Huilian, who is both his teacher and friend.

Du Huilian is also an acquisition expert. He is on good terms with people like Li Jiacheng, and through this he has expanded his social circle and become the exclusive acquisition consultant for many wealthy people.

"It seems that Luo Sheng is very confident. I said too much." Liang Botao said coldly.

Luo Qihong waved his hand and said, "Mr. Liang and I are friends. This may be unpleasant to hear, but it is beneficial to our actions. I need Mr. Liang to remind me more in the future to prevent me from making mistakes."

Liang Botao smiled and said, "Mr. Luo is still so modest. I was really shocked when he bought China Gas Company. 'Snake swallowing whale' is very risky. Now it seems that Mr. Luo has thought it through and has a comprehensive plan."

"No matter how thorough the plan is, there will be many unexpected events." Luo Qihong narrowed his eyes and smiled, "Mr. Liang, you are right. I still have to find a way to clear those personal debts as soon as possible."

Liang Botao didn't want to continue talking about such a heavy topic, so he changed the topic and said, "There is news in the market that Zhaoan Real Estate Company and Hongpu Real Estate Company are preparing to acquire Best Real Estate Company. Is it true?"

Luo Qihong guessed that Liang Botao wanted to take over the project, but he was ready to give up. "Mr. Liang should have heard about the other four companies competing. Zhaoan Real Estate and Hongpu Real Estate are not strong. They just want to acquire a listed company. There is no need to pay such a high price on Best Real Estate. Otherwise, it goes against my plan."

Liang Botao thought for a moment and said, "Luo Sheng and I hold opposite views. The current share price of Best Real Estate has skyrocketed, and even Luo Sheng wants to withdraw. I think the other four companies may have the same idea, so there will be opportunities."

"Luo Sheng can create the illusion of exiting first by selling off a large number of his shares. There will definitely be other companies that will follow suit, causing the stock price to fall. He can then use the power of the media to publicize the debt situation of Best Real Estate Company, further driving down the stock price, and then enter the market again."

Luo Qihong frowned and said, "What if a company buys in at a low price and completely controls Best World Real Estate?"

"It's possible, but the possibility is relatively small." Liang Botao took out the prepared materials and said, "Mr. Luo, take a look at these two documents first."

Luo Qihong took the document doubtfully. He had some guesses about its contents, but he was not sure.

Ten minutes later, Luo Qihong finished reading the information and said, "Century City Company's situation is so bad, why did they acquire Best Real Estate?"

"Most of them want to learn from you, Luo Sheng, and take advantage of the opportunity to make a fortune to ease Century City's debt situation. Therefore, Century City's willingness to acquire is not that strong."

"As for Xinchang Real Estate, a large amount of their funds are tied up in site development, and the funds for acquisitions come entirely from bank loans. If they can work on the bank level, they will naturally collapse in time."

"Yiren Real Estate Company wants to block the acquisition. They have no intention of acquiring it at all. You can ignore it."

Liang Botao analyzed the situations of the four companies one by one, among which the most troublesome were Century City Company and Xinchang Real Estate Company.

Luo Qihong thought for a moment and said with a smile, "Since Mr. Liang is so confident, I will try my best to convince my partners to cooperate with Mr. Liang in taking a gamble."

"Thank you Mr. Luo for your trust." Liang Botao had prepared a lot of plans to convince Luo Qihong, but they are no longer needed now.

"With two acquisitions being carried out at the same time, will Mr. Liang feel any pressure? Is it necessary to delay the acquisition of Hexiang Trading Company?" Luo Qihong asked with a smile.

Liang Botao shook his head and said, "No need. Wan Guo Bao Tong Finance is fully capable of handling two acquisitions at the same time."

"Okay! In that case, the funds for the acquisition of Hexiang Trading Company will be in place tomorrow." Luo Qihong said.

Luo Qihong also immediately found Li Yude and Lin Luoqi to discuss the acquisition of Best Real Estate Company.

Lin Luoqi was naturally delighted by such an unexpected turn of events. Although Li Yude did not quite agree, with the situation being 2 to 1, Li Yude had no choice but to accept his fate.

However, Luo Qihong still focused on explaining the feasibility of the plan. It only has a few more steps compared to the previous plan. It is possible to cash out at any time and there is a high probability of making a profit.

After hearing this, Li Yude felt a little relieved.

Back to Siu On Real Estate Company
Luo Qihong immediately informed Bai Jinyan to start selling Best Inc. shares, and then began to think about how to solve his personal and company debt problems.

In the end, Luo Qihong came up with two plans. One was similar to the plan of Hongpu Chemical Company, and the other was to use the Garden Terrace Residential Building to hype up the share price of Zhaoan Real Estate and make money for himself.

The second plan has obvious flaws. Luo Qihong holds 49.4% of the shares of Zhaoan Real Estate Company. Any slight absorption will trigger a full acquisition.

Although the risk can be shared by opening a new company, there is also the worry that this will attract the attention of the Securities and Exchange Commission. However, the profits are very tempting.

After much consideration, Luo Qihong decided to take the risk.

A coffee shop in Wan Chai
Sitting opposite Luo Qihong was a beautiful woman who was dressed like a professional woman and had a certain appeal to Luo Qihong.

"Sister Jinyan, how come you are free to treat me to coffee today?" Luo Qihong said jokingly with a smile. Bai Jinyan and Luo Qihong have had many interactions, mostly business dealings, and their private relationship is probably better than that of ordinary friends, after all, there is a relationship from their father's generation.

"Do I need a reason to invite you for a cup of coffee? Can't it be that I like you, or I want to apologize to you?" Bai Jinyan joked back.

"Do you really like me? I'm a sentimental person, don't fall into my trap." Luo Qihong said teasingly.

Bai Jinyan smiled and said, "Which rich man is not a passionate person? I'm used to it and indifferent to it. Instead, it's you who likes me and are willing to give me this opportunity?"

Luo Qihong suddenly didn't know whether Bai Jinyan's words were true or false, and it was difficult for him to answer, "If I marry you and you are unfaithful, I'm afraid my parents will break my legs, so I'd better not."

"I didn't expect that Mr. Luo is so afraid of his parents. This is big news." Bai Jinyan smiled and said, "What if I can help you get Uncle Luo and Aunt Lin?"

"Ahem!" Luo Qihong choked on his coffee. After recovering, he changed the subject and said, "Tell me, what is the reason you wanted me out?"

Bai Jinyan glanced at Luo Qihong and said, "I plan to start my own business and set up a securities investment company. I want to ask if you are interested in becoming a major shareholder?"

Luo Qihong couldn't help but feel a little uneasy when he heard this. This Bai Jinyan woman was indeed no simple matter. She started a new business so quickly. Considering the plan of Zhaoan Real Estate Company, he had a better idea. The only drawback was that he had to give up a lot of interests.

"Of course I'm interested. It's my dream to work with beautiful women." Luo Qihong said jokingly, "How do you want to distribute the equity and investment?"

"I have 50 yuan in savings and want to own 10% of the shares and have the right to operate." Bai Jinyan looked at Luo Qihong and said.

Luo Qihong put away his smile and responded, "Let's talk business. I hope Sister Jinyan won't mind what I'm going to say next."

"I can easily take out a few million yuan of funds, and I can also recruit securities talents like you, Sister Jinyan. Why should I cooperate with you? Wouldn't it be more beneficial for me to create a company on my own?"

"Ah Hong, what you said makes sense! But I have been working in Sun Hung Kai Securities for some time. I am familiar with the work process and have accumulated a lot of connections. I can bring more business to the new company, and I can quickly recruit a large number of talents from Sun Hung Kai Securities and other securities companies." Bai Jinyan is indeed not a pushover.

"Sister Jinyan, are you interested in the business of my company?" Luo Qihong directly exposed Bai Jinyan's intention.

"This is certainly one of the conditions. What do you think?" Bai Jinyan asked seriously.

Luo Qihong shook his head. "Not very good. The capital you have is still not enough. The maximum equity share is 5%. The investment can be up to 30 yuan."

"8%?!" Bai Jinyan continued to fight for his rights.

"It can only be 5%." Luo Qihong said, "Once the new company is established, I will not only inject 1 million yuan in cash, but also let it own a residential building in the Mid-Levels first, and then exchange it for some new shares of Zhaoan Real Estate Company, so 10% is too much."

"." Bai Jinyan was extremely excited now. If such an operation were carried out, the asset value of the new company would definitely skyrocket. 5% of the shares seemed to be too much.

"Okay, 30 yuan in cash and 5% equity!" Bai Jinyan said after swallowing.

Luo Qihong said with a serious face, "I won't interfere with your plan, but I don't want companies like Sun Hung Kai Securities to cause trouble for our new company, so you have to deal with the poaching issue."

Bai Jinyan nodded and replied carefully, "Don't worry, I will handle these things well and won't cause you any trouble."

"Well, in that case, after the shares of Best Real Estate Company are sold off, all the funds of Zhaoan Real Estate Company will be transferred out." Luo Qihong said.

If Bai Jinyan holds a 5% stake, the risk of triggering a full acquisition by Zhaoan Real Estate Company will be greatly reduced, but it will also result in a loss of nearly 1 million yuan in funds.

Luo Qihong kept calming his greed in his heart, constantly reminding himself that this was only 1 million and he would earn it back in the future. The loss now was to make big money in the future, so he had to be willing to give it up.

In fact, Bai Jinyan is the biggest winner of this cooperation. He can not only get closer to Luo Qihong and narrow the distance between them, but also show his abilities to Luo Qihong, and most importantly, enhance his own strength.

After the discussion, the two left the coffee shop and went to prepare.

As for the name of the new company, the preliminary result discussed by Luo Qihong and Bai Jinyan is Dean Securities Investment Company, which may change in the future.

Back to Siu On Real Estate Company
Luo Qihong immediately arranged for the sale of the renovated southeast tenement building in Kowloon City. This time there was no premium, it was sold at the current market price, with a total price of 2 million yuan.

Zhaoan Real Estate Company can make a profit of 4 million yuan, with a return rate of up to 21%.

可惜，这笔款项并没有在兆安地产公司账上停留3个小时，便又将其中百乐门公司的尾款1千5百20万元支付了出去，只剩下7百80万元。

Luo Qihong estimated that, including the funds recovered from Sun Hung Kai Securities, the cash of Zhaoan Real Estate Company would not exceed 2 million yuan.

This amount of money seems not small, but when compared with the company's debts and the Garden Terrace residential building to be taken over, it is like comparing a rabbit to a fat pig.

(End of this chapter)