Hong Kong 1980: The Savage Era

Chapter 175 [Each of them has his own agenda]

After thinking it through, Li Zhaoji waved his hand and asked the senior executive to leave the office.

He immediately called Sun Hung Kai Securities and said, "Hello! This is Li Zhaoji. Please help me buy up all the shares of Wing Tai Construction and Development Company. Just increase your holdings by 15%."

After hanging up the phone, Li Zhaoji felt more and more regretful. He didn't regret provoking Luo Qihong, but selling those shares of China Gas Company. If he had these shares in hand, he might be able to have a good negotiation with Luo Qihong.

It’s a bit late to acquire it now.

He had a feeling that this acquisition of Yongtai Jianye Company would cause him to lose a lot of money, after all, Luo Qihong was coming with such a strong momentum.

Mandarin Oriental Hotel, Central
After listening to Zhao Qichen's narration, the allies remained silent. Although Luo Qihong had reduced his holdings a lot, his shareholding ratio was still higher than theirs.

Whether it was issuing new shares or reselling properties, they could not stop Luo Qihong.

This is the fragility of the alliance. Everyone has their own ulterior motives and only cares about their own interests, which hinders the power of the acquisition.

"Please feel free to share any suggestions you have." As the host, Zhao Qichen generously allowed his allies to offer their opinions.

But at this point, what can they do? Except for Liu Jiehui, no one is willing to fight to the death with Luo Qihong. After all, that might result in a loss of tens of millions of yuan.

"I agree that Mr. Zhao should take over Yonghua Company, but I don't agree with issuing new shares, as this will seriously damage the interests of the other two companies." Lin Luoxun said after glancing at Zhao Qichen.

Lin Luoxun is now somewhat worried about Luo Qihong's revenge, and these so-called allies may not be able to resist.

Zhao Qicheng smiled and nodded. "What Mr. Lin said makes sense, but this is Luo Qihong's ultimatum. If you disagree, please allow me to withdraw."

Zhao Qichen is not a fool. Seeing that his interests have been guaranteed and Luo Qihong will most likely let him go, there is no need for him to associate with this group of people anymore.

Everyone knew that Zhao Qichen wanted to abandon them and monopolize the benefits of this acquisition war.

Although Luo Qihong reduced their interests, if he could swallow up the interests of others, the benefits on his side would still be very good, much more than what had been negotiated.

"Do you think we are fools? What kind of shady deal do you have with Luo Qihong? Aren't you afraid that we will continue to delist Yonghua Company?" Lin Luoshi suddenly jumped up, pointing at Zhao Qichen and asking him a soul-searching question.

Zhao Qicheng slowly poured a cup of tea and said, "Xiao Linsheng, don't be so angry. Since no one wants to do it, I will withdraw. You can continue to fight with Luo Qihong."

"Everyone, the situation has reversed. Luo Qihong started to attack Li Zhaoji's Yongtai Construction Company yesterday afternoon. He bought a large number of stocks and is about to acquire Yongtai Construction. Can you think about whether you can withstand Luo Qihong's first wave of attacks?"

Lin Luoshi sneered and said, "Stop trying to scare people here. As long as the shareholding is high enough, will you still be afraid of Luo Qihong's acquisition? Even if Luo Qihong has great ability, he must abide by the market system."

Zhao Qicheng said calmly, "You can think of it, but Luo Qihong can't? Li Zhaoji holds 31% of the shares of Yongtai Jianye Company, which is not a low share. But Luo Qihong dared to initiate the acquisition. I think he has other purposes."

"Mr. Zhao, what about the interests of our two families? You don't want to take all these benefits, do you?" Zhong Wei began to ask at Gao Kaiquan's signal.

"We are allies, so how can your share be missing? Your shares will be retained, and I will also work hard to run Yonghua Company so that the value of everyone's shares can double. You can cash out at the high stock price and leave with huge profits." Zhao Qichen said with a laugh.

With Gao Kaiquan's side surrendering, Lin Luoxun's side won't be able to hold on for much longer.

"That may not be enough, Mr. Zhao. Why not sell your shares to our two companies at the original price? After all, Mr. Zhao can get the special new shares issued by Yonghua Company." Lin Luoxun was a little anxious, so he personally went out to ask for the benefits.

Zhao Qicheng smiled and said, "Okay, then let's do as Mr. Lin wants. You two families will divide the shares equally."

"Also, Mr. Zhao needs to lobby for us. Luo Qihong's influence is not small." Gao Kaiquan looked at Zhao Qichen seriously.

Zhao Qichen shook his head and said, "Mr. Gao thinks too highly of me. Luo Qihong will not give me face in this matter, but I can give it a try. It is hard to say whether it will work or not." "Then I'll trouble you, Mr. Zhao." Gao Kaiquan raised his glass to gesture, and then finished the red wine in the goblet.

Liu Jiehui on the side looked at each other in bewilderment. These people completely ignored his interests.

"Why do I feel like an outsider?" Liu Jiehui said half-jokingly.

Zhao Qicheng naturally didn't want to offend Liu Jiehui, the vice president of Standard Chartered Bank, so he smiled and said, "Haha! How could I forget Mr. Liu? The loan required for the entire plan will be obtained from Standard Chartered Bank."

"Everyone, I have to remind you that Luo Qihong's counterattack will not be small-scale. If you need financial support, you are welcome to come to Standard Chartered Bank to find me." Liu Jiehui took the opportunity to promote Standard Chartered Bank and solicit business.

Everyone present knew that Luo Qihong would not just let it go like this and would definitely take some action.

"That's easy to say."

"Don't worry, Mr. Liu. We are always of one mind in dealing with Luo Qihong."

What he said sounded nice, but I don't know how much truth there was in it.

Back seat
Lin Luoxun and Lin Luoshi sat together, both turning their heads to look at the scenery outside the window, looking as if they were troubled.

"Brother, what should we do? After Luo Qihong has dealt with Li Zhaoji, he will definitely come back to deal with us." Lin Luoshi was still looking at the scenery outside the window.

Lin Luoxun blinked and thought, "There's nothing we can do about it. Zhao Qicheng has gotten out of this situation, and Gao Kaiquan doesn't have a listed company, so we're the first to be affected. The only way now is to buy back Yiren Real Estate Company's shares and increase our holdings."

"What if Luo Qihong threatens us with delisting?" Lin Luoshi asked worriedly.

Lin Luoxun closed his eyes and sighed, "Then we can only delist or seek peace."

Lin Luoshi smiled cunningly and said, "Can we acquire Zhaoan Real Estate Company and threaten Luo Qihong in the same way?"

Lin Luoxun thought about it for a moment and felt that this method might work. The only drawback was that it required a huge amount of capital, and once the delisting was successful, he might not be able to bear such a loss. What would he do if it caused the family to fall into crisis?

After listening to Lin Luoxun's explanation, Lin Luoshi also fell silent.

The share price of Yongtai Construction Company has experienced an unusual surge due to the competition between Li Zhaoji and Luo Qihong, rising from 24 yuan per share to 25.1 yuan per share, attracting the attention of many investors.

Combined with the rumors from the four major stock exchanges, investors believed that Luo Qihong was really going to acquire Yongtai Jianye Company.

Luo Qihong's side has slowed down the pace of stock acquisition so that the shareholding will not exceed the expected share.

"Ah Hong, we have acquired 652 million shares of Yongtai Jianye Company, accounting for 13%, at a cost of 1 million yuan." Bai Jinyan reported.

Luo Qihong nodded and asked, "How is Li Zhaoji doing?"

Bai Jinyan organized his words and replied, "Because Li Zhaoji quickly sold 11% of the shares of China Gas Company, the funds recovered exceeded 3 million yuan. This money has been used to purchase the shares of Yongtai Construction Company, so the situation on Li Zhaoji's side is relatively good."

"According to our estimates, Li Zhaoji will acquire enough stocks within five days to complete the final arrangements."

"Then we have to work harder. We can't let Li Zhaoji get away with it so easily." Luo Qihong sneered. The attacking party always has a plan for advances and retreats. "Mobilize the funds of De'an Company and Zhao'an Real Estate Company to vigorously purchase the shares of Yongtai Jianye and raise the share price to 35 yuan for me."

"After 35 yuan, I started to sell off the stocks gradually to recover the funds. I wanted to make Li Zhaoji pay back all the profits he made from China Gas."

(End of this chapter)