Hong Kong 1980: The Savage Era

Chapter 174 [This is an open conspiracy]

Suddenly Zhao Qicheng smiled again and said, "As expected of the 'company doctor', he is so good at using business tactics that it's dazzling. With Luo Sheng's actions, the asset value of Yonghua Company is probably only 1 million."

Luo Qihong smiled and said, "Mr. Zhao, you are wrong. Once Yonghua Company loses its listing status, I will withdraw my investment immediately. The biggest loss will only be to you because you are the major shareholder."

Zhao Qichen took a deep breath in secret. The plan that Luo Qihong mentioned could be done. With the properties of Jinghua Center Building and Jinxing Real Estate Company being resold, Yonghua Company would only be left with an empty shell.

Getting an empty shell at a high price is a very failed project. If this happens, not only will you suffer losses, but you will also be laughed at by your peers if the news gets out.

After spending such a huge amount of money, sneak attacks and robbery, they were finally fooled by Luo Qihong.

This is a case of 'stealing a chicken but losing the rice'.

After thinking it over again and again, Zhao Qicheng finally gave in, "Mr. Luo, tell me your plan."

"I remember that you still have some shares of Zhaoan Real Estate Company. I can let Yonghua Company issue a batch of new shares to you, and you have to transfer the equity of Zhaoan Real Estate Company to me." Luo Qihong briefly outlined the plan.
"What about my allies? How does Luo Sheng want me to explain to them?" Zhao Qichen spread his hands and said, his reasons sounded good, but in fact he wanted more concessions.

Luo Qihong directly exposed it and said, "This is the only plan. If Mr. Zhao wants more, I'm sorry I can't do it. If I don't even have this little profit, I might as well earn some face for myself. Why would I get nothing and make wedding clothes for others?"

"You are all my enemies. Give them an explanation. Mr. Zhao, stop joking."

Zhao Qicheng smiled and said, "Luo Sheng, are you really unwilling to give in?"

Luo Qihong spat out a bone and said, "Of course I can make concessions, but does Mr. Zhao really want the relationship between us to be like those of your allies?"

"Mr. Zhao, you don't think I'll just let it go, do you? I don't have the habit of swallowing my anger."

Zhao Qichen was immediately poured with a bucket of cold water and came to his senses completely. Yes, Luo Qihong was a ruthless guy. If he was abandoned by those people (allies), how could he deal with him?

"Okay, but you have to keep those two lots of properties, otherwise it will be meaningless for me to take over Yonghua Company."

"The properties of Jinxing Real Estate Company are worth 1 million yuan. How long will it take Mr. Zhao to solve the payment problem of these funds?" Luo Qihong did not want to be a guarantor forever, and he did not believe that Zhao Qichen could digest these properties.

"Don't worry, Luo Sheng, I will solve it as soon as possible." Zhao Qichen said thoughtfully, it was a bit tricky for him.

Luo Qihong said, "If Mr. Zhao can't solve the problem within the deadline, Zhaoan Real Estate Company will have to take over. I have made it clear that I will not wait forever."

Zhao Qicheng nodded and asked Luo Qihong, "I wonder what method Luo Sheng wanted to use to settle these debts before?"

Luo Qihong said seriously, "Fund raising, company loans, and my personal capital transfer."

"But I suggest that you solve Yonghua Company's debt by issuing new shares to yourself at a low price and selling them at a high price. This way you can reduce your investment to a minimum."

Helping Zhao Qichen at this time is also helping Luo Qihong himself. After all, it is not a good plan for Zhaoan Real Estate Company to take over the properties of Jinxing Real Estate Company.

Now is not a good time to acquire a large number of properties. After all, Zhaoan Real Estate Company does not need to hype and sell.

Zhao Qichen nodded heavily, obviously accepting Luo Qihong's suggestion.

When I returned to Dean Securities Investment Company, it was already 11 o'clock in the morning and there was still an hour before the stock market closed for lunch.

Bai Jinyan came to report on his work. "There are many scattered shares of Yongtai Jianye Company on the stock market. Our actions in the morning cannot cause a reaction in the stock market. It may take until the afternoon for some response, or even tomorrow for stockholders to react."

"How much was acquired? How much capital was lost?" Luo Qihong took off his coat and hung it on the back of the chair.

"182 million shares, accounting for 3.64%, costing 4 million yuan." Bai Jinyan replied. Luo Qihong pondered for a while and said, "We will try to increase our shareholding to 4% this afternoon. Tomorrow, we will have people spread the news at the four major exchanges that Zhaoan Real Estate Company and Hehong Real Estate Company are preparing to launch an acquisition of Yongtai Construction Company."

"The stock acquisition this afternoon must be more aggressive. Drive up the stock price and create the illusion that someone is acquiring Yongtai Construction and Development Company."

"We have sufficient funds at the moment, but our shareholding is very low. Should we buy more stocks and then speculate on them?" Bai Jinyan suggested. Apparently, she had not followed instructions in the stock purchase that morning.

Luo Qihong shook his head. "Acquiring too many stocks will not help us sell them when the time comes. We should try to drive up the stock price so that we can get the same profit."

Bai Jinyan worriedly said, "Will Li Zhaoji ignore us? If he doesn't, it will be difficult for us to achieve our goal."

Luo Qihong smiled and said, "Ignore it! Then we will directly take out a loan to acquire Yongtai Jianye Company. Having another company with a market value of more than one billion is a great thing for us. I don't think Li Zhaoji can afford the consequences of this."

This is a typical "sniper tactic". The company is not afraid of the other party ignoring it, but is most afraid of the other party holding a high shareholding.

If you can’t eat it, take profit and exit; if you ignore it, just swallow it.

If Luo Qihong successfully acquires Wing Tai Construction Development Company, Hehong Real Estate Group will become one of the top 20 conglomerates in Hong Kong.

Li Zhaoji's reputation will drop to freezing point, which will directly affect Henderson Land Development's fundraising and share offering behavior in the stock market. This is no trivial matter, so Luo Qihong is not afraid that Li Zhaoji will not accept the challenge.

The loss would be greater if we did not accept the challenge. Luo Qihong believed that Li Zhaoji must have thought it through.

Bai Jinyan swallowed her saliva. She really hadn't thought about Luo Qihong's suggestion of using a loan to acquire Yongtai Jianye Company, but she quickly realized, "If the city can't hold on, what will happen to those loans?"

"Don't worry, the city can still hold out for a while." Luo Qihong said with a cunning smile, "Even if Li Zhaoji wants to get away, I will not let him get away. How can he get by without losing something?"

Bai Jinyan is still worried that Luo Qihong will suffer a Waterloo. This is not a small lesson. The losses will be a series, and the Yongtai Jianye project is just the beginning.

The big move of Dean Securities Investment Company finally caught Li Zhaoji's attention in the afternoon.

General Manager's Office of Yongtai Construction Company
Li Zhaoji's face was as gloomy as water. He had expected Luo Qihong to retaliate, but he didn't expect it to come so soon. Moreover, this acquisition method was inexplicably strange, which made him feel a little uneasy.

"How many shares has Dean Securities Investment Company acquired?" Li Zhaoji asked.

"About 9%! There's nothing special about their methods, except that they are not afraid of causing the stock price to rise. It's different from ordinary acquisitions, and it seems that their methods are a bit unfamiliar." The senior executive replied.

Li Zhaoji glanced at the top management with dissatisfaction. Luo Qihong had presided over many acquisitions. How could he use someone who was unfamiliar with the method? He was probably just pretending to be seen by everyone, including himself.

He was thinking about what Luo Qihong's purpose was. This method certainly didn't look like a real acquisition, but what was the purpose?

"Does he just want to warn me once and make a profit at the same time?" Li Zhaoji did not think that Luo Qihong had sufficient funds to acquire Yongtai Jianye Company.

"Boss, Yongtai Construction Company is your first listed company. You can't give it to others." Seeing that Li Zhaoji remained silent, the senior executives were worried that Li Zhaoji would really abandon Yongtai Construction Company. In that case, his position would be lost.

Li Zhaoji raised his head and glanced at the senior management, who immediately quieted down.

Of course, Yongtai Jianye Company cannot be handed over to Luo Qihong. This is Li Zhaoji’s bottom line.

However, Li Zhaoji remembered that Luo Qihong had swallowed up the China Gas Company like a snake swallowing a whale by means of loans, and its strength had increased dramatically recently. If he desperately acquired Yongtai Construction Company, it would not be impossible for him to succeed.

(End of this chapter)