Hong Kong 1980: The Savage Era

Chapter 196 [Spring Festival]

Cheng Jianshen glanced at his boss and said hesitantly, "Boss, will this have a big impact on the company? We have invested a lot in the renovation of old buildings. If we build a 'nailed building', will others do the same to us?"

The nail house is also called the nail household, which demands a high price.

If Zhaoan Real Estate Company has set this precedent, it would be morally right for others to build nail-painted buildings, and Zhaoan Real Estate Company cannot say anything.

Luo Qihong's face changed slightly. Cheng Jianshen's words made sense. He was too excited and ignored this aspect of the problem.

"Well, then we won't target Henderson Land Development Company." Luo Qihong said, "But we can't let go of the two commercial buildings in Causeway Bay. In order to shut up the outside world, you need to spread the content of the agreement between us and Li Zhaoji."

Cheng Jianshen thought about this decision for a while and felt it was feasible. After all, it was Li Zhaoji who was unkind and unjust first, and it was reasonable for them to retaliate later.

"Yes!" Cheng Jianshen continued to report, "Li Zhaoji has recently cashed out a lot of funds in the stock market. It seems that he has made a big move. The specific project is still under investigation."

Hearing this, Luo Qihong's face showed a thoughtful expression. As Li Zhaoji was the Asian stock god in his previous life, it was expected that he would be pessimistic about the Hong Kong stock market, and it would not be surprising if he made any big moves.

"Li Zhaoji also has a personal fund of 1 million yuan flowing into the United States, and the specific investment projects are also being investigated." Cheng Jianshen continued to drop bombshells.

Luo Qihong suddenly remembered that in his previous life, Liu Luanxiong made huge profits by investing in U.S. bonds in 82, which laid the financial foundation for Liu Luanxiong to acquire Chinese Estates Company a few years later.

Perhaps Li Zhaoji also wants to invest in US bonds.

The U.S. bond market was extremely large at that time. Not to mention sniping Li Zhaoji, once Li Zhaoji entered the U.S. bond market, Luo Qihong would not even be able to see his shadow.

"Huh!" Luo Qihong let out a long sigh. There were too many opportunities in this era. It would be so difficult to teach the tycoon Li Zhaoji a lesson.

Waving his hand, Luo Qihong said, "Don't worry about Li Zhaoji's personal funds in the US market. Focus on the Hong Kong market. Pay attention to Li Zhaoji's actions in real estate. This is still his main business."

"Yes, boss!" Cheng Jianshen stood up and walked out.

Looking at Cheng Jianshen's leaving back, Luo Qihong felt that he might be able to make a profit from the U.S. bond market. At this time, U.S. bonds were like cabbages and were cheap.

Hongpu Real Estate Company Meeting Room

Li Yude was lucky enough to come across two small acquisitions, from which he made tens of millions of yuan in profit. Now he looks wealthy and in high spirits.

"Mr. Luo, the current market value of Hongpu Real Estate is 4 million yuan, and the share price is 4 yuan. You hold 2.2% of the shares, which is 21 million shares. I can buy it at a 4% premium. How do you think?"

Luo Qihong smiled and said, "Mr. Li, the share price of Hongpu Real Estate Company has not risen much recently. I think we can sell it at a higher price."

"Mr. Li can first buy some from the stock market to raise the share price, which will also make it easier for me to sell. What do you think of this plan?"

Li Yude knew that Luo Qihong was asking him for more profits. Purchasing 21% of the shares from the stock market would definitely cause the stock price to fluctuate. If the stock price accidentally increased by 1%, he would suffer a huge loss.

"What price does Luo Sheng want to sell it for?" Li Yude asked helplessly.

Luo Qihong smiled and said, "At least a 2% premium, which is 2.7 yuan per share."

Li Bingjun glanced at Luo Qihong with some dissatisfaction and said, "Mr. Luo, isn't 2.7 yuan per share a bit high?"

Luo Qihong laughed and said, "Miss Li thinks the price is high. I have a plan that is beneficial to both parties. Would you like to listen to it?"

Li Yude and his daughter nodded and motioned for Luo Qihong to continue.

"You must first use this money to buy stocks from the stock market. You can buy as many as you can." Luo Qihong said, "But it cannot be less than 10%. Then I will raise the share price of Hongpu Real Estate Company. At that time, I will sell 2.4% of the shares to you at 10 yuan per share, and I will sell the remaining 11% at a high price."

"If you can absorb more, you can sell it to make some profit, which will also solve your capital difficulties."

Li Yude pondered deeply, while Li Bingjun questioned, "Mr. Luo, if the stock price is hyped up, it will cause too much damage to Hongpu Real Estate Company. This plan is not advisable."

"Ms. Li, we are just allies, and according to our previous agreement, I have given you enough time. It is only natural to raise the share price and sell it for profit now." Luo Qihong directly broke the paper.

Li Yude eased the tense atmosphere and said, "Forget about the speculation on the stock price. Let's make the acquisition at 2.7 yuan per share. I hope Luo Sheng will allow us to pay off the 1 million yuan in three months."

"Okay!" Luo Qihong had no choice but to agree. After all, the second plan was indeed a bit difficult for the Li family.

After the discussion, the atmosphere in the meeting room eased a little and both sides began to talk about more relaxing things.

"The situation of the cities and towns in 82 seems to be even less optimistic than in the second half of last year. Mr. Luo, do you think the situation of the cities and towns will improve in the second half of the year?" asked Li Yude.

Luo Qihong smiled and said, "I'm afraid it won't get better. The Hong Kong government didn't dare to ask for 70 billion yuan in the Central Bus Terminal land tender, but directly cut it in half. I think the big companies participating in the tender will not bid too high, perhaps not more than 50 billion yuan."

"With such high-quality land now worth so much less, how can the situation in Hong Kong's real estate market improve? It would be a blessing from God if it doesn't get worse."

Li Yude was stunned when he heard this. He also saw it, but he still held on to a lucky hope, hoping that the local market would improve so that he could redeem his ancestral ginseng factory. Now it seems that his last hope has been shattered.

Luo Qihong persuaded, "Mr. Li, tell me the truth. If you want to completely solve your personal debt, you should not put your hope on the local market. It is better to invest the funds on hand in other industries." Li Yude's eyes lit up slightly, "Mr. Luo, what can you recommend?"

"Hong Kong's industrial stocks are good. It's unlikely to make a lot of money, but it's easy to make 2 or 3 million." Luo Qihong said, "If Mr. Li has any ideas, you can give these funds to my De'an Securities Investment Company to help you handle it."

"How long will it take?" Li Yude asked a question that had no answer.

Luo Qihong smiled and said, "It's hard to say, at least three months, at most half a year, or even more than half a year."

Li Yude nodded awkwardly and changed the topic.

Causeway Bay Lizhi Apartment
Li Zhi has been working at the Paramount Restaurant Company. With the pocket money given by Luo Qihong every month and occasional stock trading with Luo Qihong, she now has a net worth of over one million yuan, making her a wealthy woman.

However, Li Zhi was also a restless woman. Now that she had some assets, she was naturally unwilling to be a mistress.

Li Zhi said hesitantly, "Ah Hong, I want to study abroad, which will take a long time. Why don't we break up?"

Upon hearing this, Luo Qihong instantly recalled Li Zhi's experiences in his previous life. Although his circumstances in this life have changed greatly, it seems that he cannot change these trajectories.

In fact, he never thought that he could always have Lizhi. Moreover, this woman did not have much presence, but she was very far-sighted. Unlike Guan Jiahui, she was not willing to be content with the current status of wealth.

"Okay! Have you arranged a school for studying abroad? Do you need my help?" Luo Qihong asked casually.

"Everything has been arranged. Other things for studying abroad have also been prepared." Li Zhi said weakly. She thought Luo Qihong would be very angry, but the result was so calm that she was a little surprised.

"What school? Do you have enough living expenses for studying abroad?"

"I'm studying business economics at the University of San Francisco. I have about HK$1 million, which should be enough for me for four years."

Luo Qihong nodded, took out his checkbook, wrote a check to Li Zhi, and said, "This is 50 Hong Kong dollars, which should be enough for you to spend your four years studying abroad in comfort."

Li Zhi did not take the check, but shook his head and said, "No, I may not be able to spend all the HK$1 million."

Luo Qihong smiled and said, "Take it. If this old news is dug up by reporters in the future, I hope you won't say anything more, let alone say bad things about me."

Luo Qihong's words were somewhat joking. Even if Li Zhi was hooking up with Li Gongfu, he might not dare to say bad things about Luo Qihong. Besides, Luo Qihong was still nice to Li Zhi.

Li Zhi shook his head as if he was playing with a rattle, "I won't say anything bad about you, you've been very good to me."

Listening to this poor Cantonese, Luo Qihong became a little impulsive. He picked up Li Zhi and said with a sly smile, "Let's spend this evening well and don't waste our romantic time."

Li Zhi was a little stunned by the sudden change in style, and only came to his senses when he was carried into the room.

New Year’s Eve arrived as scheduled.

The Chinese people are decorating their houses with lanterns and there are also some foreigners who like Chinese culture celebrating the Spring Festival. The urban area of ​​Hong Kong is very lively.

This year, many relatives came to visit Luo Zegui's family, even some relatives whose names Lin Ya and Luo Zegui couldn't even remember came to curry favor with them.

This made Luo Qihong very annoyed, as those relatives kept talking about support and such like.

At the peak, there were 12 relatives in the mansion, plus the four members of the Luo family, a total of 4 people. The temperature in the winter made Luo Qihong's back wet.

After finally seeing off the relatives, Luo Qihong slumped on the sofa, looking exhausted.

"After the New Year, let's buy a villa. This place is too small." Luo Qihong has wanted to buy a villa for a long time.

Why not buy?

There are two reasons: Lin Ya disagreed and Luo Qihong did not have spare time.

Lin Ya rolled her eyes at Luo Qihong and said unhappily, "It's over 1 square feet, how can it be small? Villas are too expensive. It's good to live here, but there will be more relatives visiting during the Spring Festival."

Luo Qihong smiled bitterly and said, "Mom, do you know what nickname my colleagues outside gave me?"

"What nickname? The golden bachelor?" Lin Ya said jokingly.

"No, I'm a stingy guy!" Luo Qihong laughed, "Everyone laughs at me. I'm so rich but I still live here and don't want to buy a villa."

"." Lin Ya was speechless for a moment, but quickly reacted, "What do they know? They just want to have fun. There are so many people in Hong Kong living in 5-6 square feet apartments. We are already many times better off than them."

Lin Ya refused to agree to buy a villa no matter what. She thought it was a waste of money. But then again, how could Lin Ya, who didn't even want to hire a servant, be willing to spend millions to buy a villa?

Luo Qihong stopped trying to persuade him. He had already made up his mind that after the big crash, he would buy two villas and give one to his elder brother Luo Qixing.

(End of this chapter)