Hong Kong 1980: The Savage Era

Chapter 188 [Buddha has anger]

Luo Qihong has always been a person who is willing to listen to opinions. He also wants to acquire the high-quality Dongchang Building on Cotton Tree Road in Central to add luster to Zhaoan Real Estate Company.

So, Luo Qihong nodded slightly and said, "Then De'an Company should start preparing 1 million yuan for fundraising, and also do a good job in assisting Zhao'an Real Estate Company in raising funds for share offering."

Bai Jinyan smiled happily and said, "Okay, I will check the company's accounts and mobilize funds."

"Don't affect our investment in the Japanese stock market." Luo Qihong reminded. In his opinion, investment in the Japanese stock market is De'an Company's major project and will have a great impact on future development.

"Got it." Bai Jinyan brought up another topic. "The exchange operator sent a message that Henderson Lighting Company has significantly reduced its purchase of Star Ferry shares. Should we start entering the market?"

Luo Qihong did not answer Bai Jinyan's question immediately, but sneered, "This Li Zhaoji is really stingy. He actually wants to play tricks on this kind of thing. Then let's do something too."

"De'an Company currently has little funds, so we'd better not participate in the Star Ferry project for now and focus on raising funds for the rights issue of Siu On Real Estate. I will handle this project personally. You can enter the market now."

Bai Jinyan agreed with Luo Qihong that De'an Company did not have any extra funds to participate in the Star Ferry project. "So what do you want to do?"

"Let's follow the old rules. Purchase a part secretly first and then make it public." Luo Qihong said in a deep voice.

Li Zhaoji was on the first day, so of course Luo Qihong had to be on the fifteenth.

"How much is appropriate to acquire?" Bai Jinyan asked.

Li Zhaoji has already acquired at least 20% of the shares of Star Ferry Company (acquisition on the stock market). The number of scattered shares on the stock market has been greatly reduced. It is obviously unlikely that he would want to acquire too high a share unless he really launches an acquisition.

Luo Qihong had no intention of continuing the war with Li Zhaoji. What he needed now was to make money, make money, and make money.

"About 10%. The large number of stocks will be a problem for later sales. The initial capital investment is also huge, and there are many places to spend money at the moment."

罗齐鸿虽然从和记黄埔公司身上收获了分红7千3百万元，抛售股票利润8千4百万元，但是偿还了东亚银行3亿1千万元的贷款，私人的流动资金也不剩下多少了。

The only good thing is that Luo Qihong cleared all personal debts, untied his shares in China Gas Company, and truly controlled China Gas Company.

a few days later
Ding Xiongzhao from Kaida Baoye Company called and wanted to make an appointment with Luo Qihong. Apparently, after comparison, he thought that Luo Qihong's conditions were the most generous.

A teahouse in Causeway Bay
Ding Xiongzhao brought his son Ding Heshou to the meeting. After all, Ding Xiongzhao is already over 70 years old, and future cooperation will most likely be handed over to his eldest son Ding Heshou.

"Hello, Mr. Ding and Mr. Ding!" Luo Qihong smiled and stretched out his right hand.

Hong Kong people like to call brothers, fathers and sons "big" and "small" plus their surnames to distinguish their relationships. For example, the brothers Liu Luanxiong are called Big Liu and Little Liu.

"Mr. Luo, I'm old, and I can't do some things anymore, so our future cooperation will be handed over to He Shou. Your age difference is not much, so you should be able to communicate better." Ding Xiongzhao said with a faint smile.

"Then please take care of me in the future, Mr. Ding." Luo Qihong gestured to Ding Heshou.

It doesn’t matter who you deal with; what matters is whether the person you deal with is easy to deal with.

Ding Heshou is 34 years old, 9 years older than Luo Qihong. He is in the prime of his life. He may lack experience, but he certainly has great ambitions.

"Mr. Luo, you're too polite. Although I'm a few years older than you, you're so famous in Hong Kong. You should take care of Kaida Baoye Company." Ding Heshou's eyes were calm and his attitude was humble. He seemed to be someone who was easy to get along with.

"Mr. Ding, thank you for the compliment. It's just luck." Luo Qihong restrained his smile and said, "Mr. Ding, I think you have agreed to the previous cooperation plan, right?"

Ding Xiongzhao nodded, "Well, let's discuss some details next. The factories under Kaida Baoye Company have already produced a lot of toy dolls, so we can't delay it for too long."

Luo Qihong said, "I suggest opening up the European market first, then the American market, and finally the markets in East Asia and Southeast Asia."

"The reason for this arrangement is that Europeans have good economic conditions and a great demand for toy dolls. We can use the profits from the European market to expand into the American market."

Ding Xiongzhao shook his head. "The first three markets are all managed by Hexiang Trading Company, which has little to do with Kaida Baoye Company. Although Kaida Baoye has some offices in the first three markets, they are not large in scale. We still care more about the Southeast Asian market."

Luo Qihong expressed his understanding, saying that business is business and the two parties have no personal relationship, so it would be most practical to talk about money and interests.

"What does Da Dingsheng mean?"

"Kaida Baoye Company has offices in Singapore, Kuala Lumpur and other places, but they are very small. I hope Hexiang Trading Company can help Kaida Baoye Company expand its sales scale."

"Okay, let's proceed according to the plan we discussed a few days ago." Luo Qihong glanced at Ding Heshou and said, "I will let Hexiang Trading focus on market expansion in Southeast Asia."

There was no other way but to stabilize the Ding father and son, sign the contract, and then discuss other things.

"Okay! But I hope that the profits from Kaida Baoye's original offices and stores in Southeast Asia will belong to Kaida Baoye Company, and the profits from the newly opened stores will be split 50-50. How about that?" Ding Xiongzhao still wanted greater benefits.

However, Luo Qihong believes that the Southeast Asian market is far inferior to the economically developed regions of Europe, America, Japan and South Korea. Any loss in Southeast Asia is not a good thing. As long as the interests of the target are maintained, it will be fine.

"Da Dingsheng is a senior. Since he has already spoken, there is no reason why he cannot do so." Luo Qihong complimented with a smile.

"Okay, Mr. Luo is straightforward. Let's go to the law firm to sign the contract later and start business as soon as possible." Ding Xiongzhao smiled happily.

The Dings knew very well that these were the only benefits they could get. If they dared to touch Luo Qihong's cake in Europe and the United States, it would be difficult to reach a cooperation, and even these benefits would be difficult to obtain.

Since a verbal agreement had been reached, the signing process would naturally not be slow, and both parties signed the contract in the afternoon of the same day.

Kaida Baoye Company has become a supplier and partner of Hexiang Trading Company and will vigorously develop the Southeast Asian market and then the Australian market.

BMW car interior

Xiao Dingsheng pondered for a long time and asked, "Dad, aren't you afraid that Luo Qihong will find out that we want to monopolize the Southeast Asian and Australian markets? If Luo Qihong finds out, he will probably set obstacles for us."

Ding Xiongzhao sneered and said, "Luo Qihong is not a fool. He knew our purpose from the beginning. Compared with Southeast Asia and Australia, he cares more about the American and European markets. Southeast Asia and Australia are his way of compensating us."

Xiao Dingsheng frowned, he was very puzzled. "Luo Qihong has no need to share these markets with us. He can buy a lot of toys from our factory and achieve his goal without spending a lot of money to open up the market for us."

Ding Xiongzhao smiled and said, "Then why should we choose him? Heshou, this is an exchange of interests. If Luo Qihong wants to stand out and become our partner, he can't just rely on being domineering, he must also come up with conditions that the other party and opponents can't do, and he has the courage that others don't have, and dares to take risks."

"It's quite impressive that they dare to make such a profit just for a newly released toy doll." Ding Heshou nodded cautiously.

Ding Xiongzhao knew his eldest son, whom he had nurtured for a long time, very well, and was also aware of a man's career and ambition, so he advised him, "Luo Qihong has his own style of doing things, and we have our own attitude towards doing things. There is no need to reflect too much on yourself. Luo Qihong's adventurous style is unique and is supported by a superb vision. We can't learn it."

"And importantly, toy companies don't need to expand at such a rapid pace, or they might accidentally create supply and demand imbalances."

"I understand, Dad." Even if Ding Heshou disagreed, he would not refute at this time. Ding Heshou has the spirit and habits of the traditional rich second generation in Hong Kong. Before he completely takes power, he will not let his father have any grudges. After all, he is not the only heir in the family. Other brothers are also capable of inheriting the family's industry and company.

Back to Zhaoan Real Estate Company.

Luo Qihong gave instructions to the senior management of Hexiang Trading Company over the phone, asking them to prepare to find buyers for toys such as Cabbage Patch Dolls, and to give priority to old customers.

Hexiang Trading Company's Aimego classical fans, Isuzu cars, ready-made garments and newly developed dried seafood have all earned a lot of foreign exchange and are one of Luo Qihong's money-making machines.

This is also one of the reasons why Luo Qihong dared to agree to Ding Xiongzhao to develop the Southeast Asian market, while he wanted to develop the European and American markets on his own.

Luo Qihong was dissatisfied with the slow pace of building the sales platform, so he asked the senior management of Hexiang Trading Company to start the acquisition mode and acquire small-scale trading companies in the American and European markets, using the existing platform channels to expand their influence.

The advantage of doing this is that it is very fast, at least shortening the time by half. The disadvantage is that a large amount of funds are consumed, and if the funds cannot be recovered quickly, it will have a great impact on the operation of Hexiang Trading Company.

After explaining everything, Luo Qihong picked up the newspaper on the table and began to read.

There is no interesting news in the first two pages, just some entertainment and international situation reports.

When he saw the third page, he found some interesting things. There was a large page telling about the past rise of the Luo Yingshi family and the current internal conflicts in the family.

The general meaning is that there is a huge conflict between Luo Yingshi's steady style and his third son Luo Xurui's aggressive style. However, Luo Xurui holds the huge real power of the Eagle Properties Group, and Luo Yingshi dare not cut it rashly, and can only "boil the frog in warm water."

In fact, since Lo Xurui took power in Hang Lung Properties, the company has entered a period of rapid expansion. It has successively controlled Regal Hotels and Paliburg Investments, making the market value of Hang Lung Properties exceed 30 billion yuan, making it a well-known real estate company and Chinese family in the Hong Kong market.

Luo Qihong knew that this was a conflict between the old and new factions in Hong Kong. If the young people ran the company like the old generation, they would probably end up being "indistinguishable from the crowd". The only right way was continuous expansion.

Of course, 'boiling frog expansion' is also a kind of expansion.

Why did Luo Qihong become interested in these families?
The reason is that these families have abundant assets and internal strife, which makes it easy for foreign enemies to invade successfully.

You know, if Luo Qihong could take over a Bailibao investment company, he could make a lot of money.

However, facing strong men like Luo Yingshi and Luo Xurui, Luo Qihong was still a little worried. Luo Yingshi was easy to deal with, but Luo Xurui was definitely not someone to be trifled with.

What’s important is that Regal Hotels and Paliburg Investments were both carefully built by Luo Xurui, and it is unlikely that he would give them up or hand them over to others. He should fight to the death to keep them and bring them back into his arms.

This is fundamentally different from the Paramount Restaurant Company, Hongpu Real Estate Company and Yonghua Company that Luo Qihong originally built.

If someone robs him, Luo Qihong will think about how to maximize his benefits while being angry, rather than fighting against foreign enemies.

However, Luo Xurui would hold the opposite attitude and regard foreign enemies as the biggest enemies.

In his previous life, Wei Li, the head of Asia Securities Company, was able to acquire the Regal Hotel and Palibao Investment Company from Luo Yingshi. This was because Wei Li became a director of the Regal Hotel and held a portion of the shares during the period when Luo Xurui was in charge.

"It seems that it is unlikely to acquire the high-quality Rich Hotel in those two years. It is better to take advantage of the opportunity to make a fortune." Luo Qihong sighed.

Regal Hotels not only owns two star-rated hotels in Tsim Sha Tsui East and Lantau Airport, but also holds 2% of the shares of Paliburg Investment Company, which is a typical buy one get one free deal.

In addition, Paliburg Investment Company holds 10% of the shares of China Bus Company, 7% of the shares of Kowloon Motor Bus Company, and numerous blue-chip stocks, making it an extremely high-quality investment company.

According to Luo Qihong's comparison, Regal Hotels & Resorts may be comparable to Chinese Estates Holdings, but there is a slight difference in their foundation.

"Let's get in touch with Luo Xurui first. This guy won't be stingy."

Then Luo Qihong saw the news report that Li Zhaoji had taken over the Star Ferry Company. At the inauguration ceremony, Li Zhaoji announced that the Star Ferry Company would join hands with Henderson Land Development Company to develop its land and planned to build residential buildings with a floor area of ​​more than 4 million square feet.

Once this good news was announced, it quickly caused the share price of Star Ferry to soar.

Jingle Bell! !

The phone rings.

Luo Qihong suppressed his anger and answered the phone, "Hello! What's going on?"

"Boss, Mr. Li Zhaoji, the chairman of Hang Lung Lighting Company, wants to see you." The secretary's voice came through the receiver.

Luo Qihong said calmly, "Tell him I'm not here. Whenever this person calls in the future, just say I'm not here."

The secretary was slightly startled. She had already sensed the boss's anger and quickly said, "Okay."

After hanging up the phone, Luo Qihong sneered, "Humph! You are unkind, don't blame me for being unjust."

Dean's Office

Luo Qihong sat with a gloomy face and asked Bai Jinyan, "How high can the share price of the Star Ferry Company rise to?"

"The estimated increase is 50%." Bai Jinyan said cautiously.

"Okay, after the price reaches the estimated value, we will sell a large amount of Star Ferry Company's shares and try to bring down the stock price." Luo Qihong said in a deep voice.

Bai Jinyan had already vaguely guessed what was going on, so he nodded and said, "Okay, I know what to do."

"I guess Li Zhaoji's next step is to raise funds for share offering. Your task is to ruin this matter and make a profit from it." Luo Qihong said.

Bai Jinyan was shocked. Since he had ruined the fundraising plan and wanted to make a profit, it would be very difficult.

Luo Qihong was just angry, but he had not lost his mind. He could see Bai Jinyan's difficulties and said, "Wait for the opportunity to sell first, and I will do the rest myself."

Bai Jinyan nodded, but didn't dare to ask Luo Qihong how to handle this matter.

The Peninsula Tsim Sha Tsui
Luo Qihong met with Sun Hung Kai Properties Chairman Huang Tingfang and Deputy General Manager and Executive Director Huang Zhixiang here.

The two men are father and son. They were originally wealthy businessmen in Singapore with a large amount of assets in Singapore. They entered the Hong Kong market in the late 70s and early 80s.

Although they were ostracized by their local peers in Hong Kong, they relied on their strong strength to fight their way out. This shows the ability and strength of this father and son.

(End of this chapter)