Hong Kong 1980: The Savage Era

Chapter 165 [Respective Interests]

Li Bingjun's words were both expected and unexpected.

What was expected was that something bad would happen to Hongpu Real Estate sooner or later, but what was unexpected was that it would happen so soon and that Li Bingjun would come looking for him.

This seems like a good thing, but it is actually very troublesome.

Because he acquired some shares of Hongpu Real Estate Company but could not participate in decision-making, Li Yude had no power to reverse the current private debt crisis.

The debt situation of Hongpu Real Estate Company was not good either. By October 82, it would be a not-so-small hole.

Therefore, Luo Qihong wanted to wait until the Li Yude family and Hongpu Real Estate Company fell into crisis before making the acquisition. This way, he could save a lot of money and maximize his profits.

Luo Qihong shook his head and said, "I don't have that much money to take over at the moment. I'm sorry to disappoint Miss Li."

Li Bingjun was slightly surprised. She thought Luo Qihong would agree readily. After all, Hongpu Real Estate Company was created by Luo Qihong and was one of Luo Qihong's major efforts.

As expected, these successful people know how to avoid misfortune and seek good fortune.

Li Bingjun thought to himself, but still didn't want to give up. "Now my family has encountered some unexpected situations, and I urgently need a buffer of funds. To be honest, among all the people I know, only you, Luo Sheng, are capable of taking over this batch of stocks."

Luo Qihong didn't know how many times he had heard these nice words, but they had no appeal at all.

Luo Qihong smiled and said, "Miss Li is wrong. Lin Zuhui's family has such strength. It's not just me."

Li Bingjun glanced at Luo Qihong and sighed, "What Luo Sheng said is true, but the Lin Zuhui family is also likely to 'turn the tables', which is even more disadvantageous to us."

Luo Qihong sneered, "Miss Li, aren't you worried that I'll become the host? My reputation is much worse than Lin Zuhui and the others."

Li Bingjun was simply thinking that Hongpu Real Estate Company originally belonged to Luo Qihong, and since he had sold it at the beginning, he would definitely not spend a huge price to take it back now. Luo Qihong has always only valued profits, not the control of Hongpu Real Estate Company.

"It is indeed possible! But the possibility of Luo Sheng is much lower than that of Lin Zuhui's family, and we also believe in Luo Sheng."

"Ms. Li, what's the benefit of me taking over those shares? Should I wait for the share price of Hongpu Real Estate Company to rise sharply before making a profit? Other blue-chip stocks seem to be more worthy of investment than Hongpu Real Estate Company's shares."

Luo Qihong is not a philanthropist, and the stocks of Hongpu Real Estate Company are not high-quality stocks. It is a bad idea to tie up such a large amount of funds in Hongpu Real Estate.

"Mr. Luo, what you said is true. We can definitely agree on a recovery price and period. This money can be considered as a loan from Mr. Luo to us. How about that?" Li Bingjun pleaded humbly.

She seldom does this kind of thing, but now it has reached the stage where she has to do it.

"Not so good! I can invest my funds in other projects and make more profits. There is no need to invest in Hongpu Real Estate Company. I believe that if I have any problems, you will not only want these benefits."

Li Bingjun clenched his fists, "What conditions does Luo Sheng want?"

"My goal is to make money, and your goal is to clear the family debt. I have a plan that can not only allow me to make money, but also solve your family debt and keep your control over Hongpu Real Estate Company." Luo Qihong smiled mysteriously.

Of course, he would not work for Li Bingjun's family on a voluntary basis. What he wanted was the dominant power, or rather, he did not believe in Li Yude's creativity.

If you do it yourself, you will have enough food and clothing.

Li Bingjun felt that Luo Qihong would not have any good suggestions, but she had to listen to him. "Mr. Luo, tell me what you have to say."

"I just acquired a real estate company called Yonghua, with a very low market value of only tens of millions." Luo Qihong said with a half-smile, "I can let Yonghua issue a batch of new shares to your family. At the same time, I will also take over some shares of Hongpu Real Estate Company, but Hongpu Real Estate Company will sell some of its properties to Yonghua Company."

"My purpose in doing this is to purchase properties cheaply, delay payment, reduce difficulties for Yonghua Company, and quickly increase the stock price." This is one of Luo Qihong's common hype methods, but now it is easier than before and does not cost too much.

Li Bingjun knew very well that this was sacrificing the interests of Hongpu Real Estate to make up for the interests of the family and Luo Qihong. It could not be said to be contrary to the previous purpose, but there were other problems.

"Won't this cause the share price of Hongpu Real Estate to fall? Luo Sheng's shares will probably depreciate, right?"

"The stock price will indeed fall, but the extent of the decline will be very limited. Hongpu Real Estate has lost the property, but it still has the funds in hand." It is this price difference that Luo Qihong wants to make money from.

As for how the people who take over Yonghua Company deal with these problems, that is no longer Luo Qihong's business.

The goods are sold without after-sales service.

"My family's interests are also those Yonghua Company stocks?! Then how can the market value of Hongpu Real Estate Company recover?" Li Bingjun asked worriedly.

Luo Qihong smiled and said, "Ms. Li, are you afraid of being held accountable by the directors or do you think that raising funds for the rights issue is difficult to complete?"

"The directors' accountability can be completely ignored. The board of directors has always been the one with the highest shareholding. As for raising funds for the rights issue, I think Miss Li's side probably doesn't have enough funds for the rights issue."

"So, the biggest loser of Hongpu Real Estate's stock price should be me. I have no problem with it, and Miss Li and you shouldn't have any problem with it either."

These words were said in a very overbearing manner, without any regard for Li Bingjun's face at all.

Li Bingjun glanced at Luo Qihong and said, "This matter is too big. I can't make a decision. I need to go back and ask my father for instructions."

"Okay! I'll give you a day to think about it." Luo Qihong was unwilling to wait too long. He currently had a lot of projects on hand, especially the matters concerning Yonghua Company which could not wait.

As soon as he finished speaking, a graceful figure appeared in the aisle and looked at Luo Qihong with a smile.

"Ah Hong, is this your new girlfriend?"

Luo Qihong looked up and found that the person coming was Bai Jinyan, who was staring at Li Bingjun as if he was catching her in bed.

Li Bingjun looked a little embarrassed when she heard this. She knew that Luo Qihong had a girlfriend. Could it be the woman in front of her?
"Sister Jinyan, this is Miss Li Bingjun, but she is not my girlfriend." Luo Qihong introduced Bai Jinyan's identity to Li Bingjun and only said that Bai Jinyan was his partner without mentioning anything else.

"Hello, Miss Li! I'm Bai Jinyan, the general manager of Dean Securities Investment Company, and also a good friend of Ah Hong." Bai Jinyan shook hands with Li Bingjun meaningfully, his eyes seemed to say, 'Don't set your sights on Luo Qihong.'

Li Bingjun smiled slightly. She had no intention towards Luo Qihong in that regard. She just hoped to use Luo Qihong's power to help her family get out of the predicament.

"Hello, Miss Bai!" Li Bingjun nodded.

The two women argued with each other for a while before Li Bingjun said goodbye and left.

"Ms. Li is quite pretty, but she is still a little inferior to Guan Jiahui." Bai Jinyan smiled faintly, further testing Luo Qihong's attitude.

Luo Qihong felt that Bai Jinyan was becoming more and more "aggressive". Perhaps it was because he became a partner in Dean Securities Investment and thought he was on an equal footing with him.

"Li Bingjun has a good family background. His family owns Hongpu Real Estate and other industries. They have been entrenched in Hong Kong for decades. He may not look down on me." Luo Qihong said.

Hearing this, the smile on Bai Jinyan's face froze. Luo Qihong's words undoubtedly meant that her family background was not good and her looks were not as good as Guan Jiahui's, so she had no chance of winning in all aspects.

(End of this chapter)