Hong Kong 1980: The Savage Era

Chapter 166 [Preparing for the future]

Luo Qihong is a strong man with his current achievements, so naturally he doesn't want to be teased by Bai Jinyan. Bai Jinyan also doesn't see his position clearly.

"Sister Jinyan, I don't think you want others to interfere with your private life." Luo Qihong continued, "The transaction between Li Bingjun's family and me involves tens of millions of yuan. This is no joke."

Bai Jinyan knew this was a warning, so he could only nod obediently, "Yes, I understand. Didn't you sell Hongpu Real Estate Company to Dehe Real Estate Company before? How did it fall into the hands of Li Bingjun's family?"

Personal matters cannot be discussed, but official matters can be discussed, and Luo Qihong cannot refuse.

So Luo Qihong explained the details to Bai Jinyan, of course skipping a lot of his own steps.

Bai Jinyan sensed that Yonghua's project could be profitable, so he smiled and suggested, "Do you want De'an Securities to invest in it?"

Luo Qihong smiled and waved his hand, saying, "No, the cake is too small and there are many people who want to share it. However, De'an Company can invest in Hong Kong and Kowloon Shipping Company under Far East Consortium and buy about 15% of the shares."

"Hong Kong and Kowloon Shipping?!" Bai Jinyan was silent for a moment, then said, "When I was at Sun Hung Kai Securities, I seemed to have heard the senior management mention this company. Is there anyone who wants to acquire it?"

Luo Qihong whispered, "There is such news. Jianing Company is the one taking the lead, but they are still negotiating."

Bai Jinyan secretly exclaimed, as long as the Jianing Company took the lead, the market value of the Hong Kong and Kowloon Shipping Company would definitely not be low and would be more profitable than the Yonghua Company.

"In addition to De'an Company, what other companies under your control will you arrange to buy it?" Bai Jinyan was obviously not satisfied with such a small amount of equity and wanted to take the opportunity to make a fortune.

Luo Qihong saw what Bai Jinyan was thinking and said with a smile, "Don't be greedy! This company is developed by Far East, so at least three companies have joined the game. It's already good enough that you can get 15% of the current shares."

"I will personally buy some shares, about 10%. According to my calculations, this sale can bring a five-fold profit."

Bai Jinyan immediately gave up his greedy thoughts. After all, Luo Qihong himself only bought 10%, and De'an Company had already got a great bargain.

So, Bai Jinyan changed her angle and said coquettishly, "If it weren't for what happened today, would you not have planned to hand this project over to De'an Company?"

Luo Qihong chuckled and said, "Of course I will tell you, but it will be a little later."

"No one would believe you." Bai Jinyan saw that Luo Qihong was smiling a lot more, so he took the opportunity to say, "I want to make a deal with Li Bingjun and the others. I wonder if you would agree?"

Luo Qihong blinked and looked at Bai Jinyan in confusion, "What deal?"

"I'll keep it a secret for now, but don't worry, it will definitely be beneficial to us." Bai Jinyan smiled mysteriously.

Luo Qihong nodded. He didn't think Bai Jinyan would do anything harmful, so he didn't think much about it.

Hop Siang Trading Company Office

Luo Qihong carefully looked through the report submitted by his subordinates, which was the sales data for November.

The "bundled sales method" implemented by Luo Qihong began to work. Both classical fans and Isuzu cars were hot sellers, with sales exceeding 1 million yuan and a profit margin of 4%.

Hexiang Trading Company made a profit of 294 million yuan, an increase of 10% over October, which can be said to be a huge profit.

The 30 fans provided by Aimego have been sold out, and Aimego is now trying to quickly replenish their stocks, and some of them need to be shipped to Singapore and other places.

Among them, the sales of Isuzu cars showed explosive growth, and trucks were the best-selling car type, with a total of 15 units sold.

Luo Qihong felt that this speed was still not fast enough and needed more channels for sales, so he accelerated the acquisition journey of Hexiang Trading Company. Wan Chai Jinxing Land Company
This is a company owned by the Zhang Yuliang family, which owns a large number of properties in Central, Causeway Bay and other places.

Ever since the scandal broke out in the Zhang Zhushan family (Zhang Yuliang's father), Zhang Yuliang has begun to prepare to withdraw from Hong Kong and move his capital to Australia. So during this period of time, Zhang Yuliang has been selling off family properties and recovering a large amount of funds.

Luo Qihong took a sip of tea and smiled at Zhang Yuliang, "I heard that Jinxing Real Estate Company wants to sell a number of properties in Central and Causeway Bay. I wonder if they have found a buyer?"

Of course, this is nonsense. If a buyer is found, Zhang Yuliang will naturally not see Luo Qihong again.

However, Zhang Yuliang is not a fool. He knows very well that competitive selling can bring him the greatest benefit.

"The buyer hasn't been found yet, but many colleagues have come and made offers." Zhang Yuliang said calmly.

"Can you tell me what the highest price is?" Luo Qihong had many plans in mind, but he had to satisfy Zhang Yuliang.

"It's a 1% premium for now." Zhang Yuliang was worried that the price was too high and would scare Luo Qihong away.

Because Zhang Yuliang knew that Luo Qihong still owed Wheelock Group several hundred million yuan in balance, it was difficult for him to come up with a large amount of funds, and the current highest offer was not a 1% premium, but only a 5% premium.

Luo Qihong thought for a moment. According to the current market conditions, a 1% premium was not low and the price was within his acceptable range. However, he had decided that this batch of properties would not be acquired by Zhaoan Real Estate Company, but by Yonghua Company.

这批物业包括铜锣湾耀华街25号丹纳大厦、中环云咸街巴力大厦12楼、13楼、14楼、16楼的四层物业以及中环德辅道德成大厦的两层商场，价值1亿5千6百万元，溢价1成后是1亿7千1百60万元。

This selling price is 3 times that of Yonghua Company, which has a market value of 6 million yuan. It can be said to be "a snake swallowing a whale" and one will choke to death if one is not careful.

"Okay, then how about a 1% premium?" Luo Qihong said with a smile.

Zhang Yuliang took a deep look at Luo Qihong and said, "Why should I sell it to Luo Sheng at the same price? Luo Sheng needs to give me a strong reason."

Luo Qihong immediately replied, "I believe Mr. Zhang will not only sell this batch of properties, we will definitely cooperate again in the future. Mr. Zhang knows that I am a straightforward person, and I think I have good financial resources. This reason should be able to convince Mr. Zhang, right?"

"Mr. Luo means that we can take over the next batch of properties of Jinxing Real Estate Company, also at a 1% premium?" Zhang Yuliang did not want any ambiguous reply, but a promise.

"As long as the property is of high quality, of course we can swallow it up." Luo Qihong smiled faintly.

It is impossible for Zhaoan Real Estate Company to take over these premium properties because he does not plan to sell Zhaoan Real Estate Company. In this case, the premium will mean a loss and increase the debt of Zhaoan Real Estate Company.

This is a very big hidden danger.

"Well, Luo Sheng's strength is obvious to all. We may have other cooperation in the future." Zhang Yuliang admired Luo Qihong's courage. He started from scratch at a young age and swallowed up several listed companies, even China Gas Company was not spared.

Such talents will sooner or later become the overlord of Hong Kong and may be of help to the Zhang family.

After all, Zhang Yuliang does not plan to withdraw all investments in Hong Kong, but only sells most of the property assets. He will still retain his status as a major shareholder of Wheelock Group.

"Haha!! Thank you very much, Mr. Zhang." Luo Qihong said, "I have another unwelcome request. I hope that this amount of money can be handled according to the transaction of China Gas Company. What do you think, Mr. Zhang?"

Zhang Yuliang thought about it carefully and nodded. After all, Luo Qihong had a lot of assets and would not default on his debts.

(End of this chapter)