Hong Kong 1980: The Savage Era

Chapter 199 [They are all smart people]

Thursday, May 2

Bai Jinyan left Hong Kong and went to Japan to set up a new investment company. The 1 million Hong Kong dollars in cash would be transferred through Citibank.

Before Bai Jinyan went there, six staff members had been sent to inspect Japan and some basic preparatory work had been done. Bai Jinyan only needed to invest in the stock market.

Therefore, a lot of work at De'an Company fell on Luo Qihong's shoulders, making him even busier and requiring him to spend more time at De'an Company.

It was only then that Luo Qihong realized that Bai Jinyan's position was not so easy to sit in. It was tiring enough to deal with these financial elites.

At this time, a man and a woman were sitting opposite Luo Qihong. The man was dressed in a suit and had a slicked-back hair that was shiny with hairspray. The woman was wearing a beige suit with a light blue shirt underneath and had her hair loose. She did not look so capable.

"Mr. Luo, the blue chip stocks bought before the Spring Festival include Grand Hotel Group, New World Development, Sun Hung Kai Properties, and Swire Group. The above four companies each bought 4 million yuan worth of stocks, and the blue chip shareholder Bank Asia bought 1 million yuan worth of stocks, totaling 5 million yuan."

“其中大酒店集团公司涨幅3.2%、新世界发展公司涨幅1.7%、新鸿基地产公司涨幅2.1%、太古集团公司涨幅4.6%、东亚银行涨幅4.4%，我们盈利218万元。”

Male employee Zhang Haipeng reported according to the contents of the document.

They had previously contacted Luo Qihong himself, but the contact was not too in-depth. After all, Bai Jinyan had always been responsible for reporting on the company's situation, and they were responsible to Bai Jinyan.

Therefore, the two of them are still cautious in their words and actions, fearing that they might make a mistake in front of the big boss and lose their jobs.

An investment of 7 million yuan generated a profit of 1 million yuan in just one week. This performance can only be said to be average, but there are no opportunities at the moment, and an increase of a few percent is already good.

"How's things going at Weidong Real Estate Company?" Luo Qihong asked.

Manager Hu Yanni quickly responded, "Weidong Real Estate Company's shares have been bought in large quantities by about 6%, and the share price has been pushed up to 2.1 yuan, with a market value increase of 2250 million yuan and a growth rate of 31.25%."

"We already hold 20% of the shares. What about the other party? How much do they hold?" Luo Qihong asked Hu Yanni while staring at her.

"Weimeng Investment Company holds approximately 19.2% of the shares. At the same time, the major shareholder of Weidong Real Estate Company urgently purchased 2% of the shares, increasing its shareholding to 31% and is still increasing."

"It's a bit interesting!" Luo Qihong pursed his lips and sneered, "What do you think? Should I meet with Wen Dongyi, the major shareholder of Weidong Real Estate Company, now?"

Zhang Haipeng and Hu Yanni were slightly stunned. It was rumored that Luo Qihong was very domineering, so why would he ask for their opinions?

Zhang Haipeng immediately realized that this was a good opportunity to stand out. "I think it's a good idea to meet with Wen Dongyi, the major shareholder of Weidong Real Estate Company. It can disrupt the acquisition actions of the opponents and make them doubtful."

Hu Yanni agreed with Zhang Haipeng's opinion. She didn't have much ambition and just wanted to work hard.

"Manager Zhang, please help me make an appointment with Wen Dongyi. There is no need to hide this news. Instead, it should be publicized. Do you understand?" Luo Qihong laughed.

"I understand! Luo Sheng wants to alert the enemy and make them raise the stock price?" Zhang Haipeng asked with a smile.

Luo Qihong nodded. In fact, he was a little worried that Gao Kaiquan and Zhong Wei would back off because of this. If the stock price had not risen so slowly, he would not have resorted to such a desperate measure.

After the two men left, Luo Qihong picked up the newspaper and started reading it.

This is something that must be done every day.

As soon as he picked up the newspaper, a smile appeared on his cheeks and mouth corners again.

The above content is a report that Peng Guozhen, the founder of Jianian Real Estate Company, was hospitalized for heart disease. It mentioned that this was the seventh time Peng Guozhen had been hospitalized for treatment since the 80s.

Therefore, Jia Nian Real Estate Company only suffered a small decline, with a market value loss of more than 3 million.

The situation of Jianian Real Estate Company is not much better than that of Jianing Company. It can even be said that even if Jianing Company can be saved, Jianian Real Estate Company cannot be saved. The reason is that Peng Guozhen's decisions are mostly wrong, unless the operator is replaced.

However, Peng Guozhen, the founder of Jianian Real Estate, is very powerful. He has been firmly controlling the company for many years, making it difficult for anyone to interfere.

Even when Jianian Real Estate Company was facing such a crisis, Peng Guozhen had no problem at all and remained firmly in his position as the operator. This is evident.

"Since you are unwilling to sell those nine industrial buildings, I will wait for Jianian Real Estate Company to go bankrupt and liquidate before taking action. No one should compete with me." Luo Qihong murmured to himself confidently.

Looking down, Luo Qihong couldn't help but frown.

These reports were all written by pro-British factions. The content was very shameless and contained some servile meanings, which made Luo Qihong feel extremely uncomfortable, as if he had eaten shit.

He had already sensed the beginning of a war of public opinion between the mainland and Britain, and it had become quite intense. The debate had already come to the surface, as if their faces had been torn apart.

No wonder the stock market was somewhat unstable after the Spring Festival, giving him a stronger sense of crisis.

He is just a small figure and cannot influence such things, and participating in these games comes at a high price.

Fortunately, he felt relieved when he knew the outcome of the matter.

The next day, at a hotel in Central
Luo Qihong sat down face to face with Wen Dongyi, the boss of Weidong Real Estate Company. There were some cakes on the table and steaming coffee in front of them, which was a typical afternoon tea configuration.

"Mr. Wen, I asked you out today because of the acquisition of Weidong Real Estate Company." Luo Qihong said bluntly, "I know that Mr. Wen will think that I am interested in your Weidong Real Estate Company and want to acquire it. In fact, I have no interest in your Weidong Real Estate Company at all, so why do you want to take action against Weidong Real Estate?"

"Mr. Wen, you should have heard about the feud between me and Gao Kaiquan from Weimeng Investment Company. If they didn't want to acquire Weidong Real Estate Company, I wouldn't have made a move."

Wen Dongyi said half-doubtfully, "So what Luo Sheng meant is that Luo Sheng is willing to return Weidong Real Estate Company to me and help me resist the hostile takeover by Weimeng Investment Company?"

"Of course. Now the shares of Weidong Real Estate Company in your and my hands are enough to completely control the board of directors. In fact, the acquisition of Weimon Investment Company has failed, but I want Weimon Investment Company to incur some losses rather than leaving with a profit." Luo Qihong smiled meaningfully.

Wen Dongyi took a deep look at Luo Qihong and asked, "What does Luo Sheng want to do?"

Wen Dongyi had no good feelings towards Luo Qihong, or rather, he was hostile to the guy who absorbed Weidong Real Estate Company's stocks in this way. If Luo Qihong was not rich and powerful, he would never have kept the appointment.

"I think Gao Kaiquan and his men will come find you soon and join forces with you to deal with me. I don't need Wen Sheng to make things difficult for me. Wen Sheng can completely negotiate between Gao Kaiquan and me and offer suitable conditions to hold Gao Kaiquan back."

"Mr. Luo wants to take advantage of the opportunity to hype up the stock price and make a fortune? And then let me fight with the people from Weimon Investment Company?" Wen Dongyi immediately understood what Luo Qihong meant.

"You can understand it this way. I believe Wen Sheng has a way to win. But if I really launch an acquisition of Weidong Real Estate Company, Wen Sheng may not be able to withstand it." Luo Qihong said in a threatening tone.

Wen Dongyi sneered and said, "Although you are very powerful, Luo Sheng, you can't resist the combination of me and Weimeng Investment Company. I believe that Weimeng Investment Company, with a 20% stake, cannot control Weidong Real Estate."

Wen Dongyi certainly knew that Weimeng Investment Company was a threat, but this threat must be greater than Luo Qihong. The reason why he threatened Luo Qihong so much was that he wanted to use Luo Qihong's power to resist the invasion of Weimeng Investment, rather than let Luo Qihong get away easily.

"Wen Sheng would rather let a wolf into the house than let me leave with a profit?" Luo Qihong laughed instead of getting angry.

Wen Dongyi is an interesting guy. He actually wants to be a fisherman. However, to be a fisherman one needs strength and ability.

"I don't believe that Luo Sheng wants Weimeng to invest in the acquisition of Weidong Real Estate Company." Wen Dongyi was determined to pull Luo Qihong to deal with foreign enemies.

After all, Luo Qihong already has a high-quality real estate company like Zhaoan Real Estate Company. Although Luo Qihong has a history of acquiring small real estate companies, operating them for a while and then selling them for profit, Wen Dongyi doesn't think that Luo Qihong would use such tactics on a small businessman like him.

It’s too much trouble, it’s better to just make a direct acquisition.

"Haha!! Wen Sheng really caught my weak spot. Compared with these profits, I certainly want Gao Kaiquan and others to fail." Luo Qihong said very frankly, because he really had no intention of acquiring Weidong Real Estate.

"Tell me, Wen Sheng, your plan."

Wen Dongyi smiled and said, "It's very simple. Luo Sheng will announce the cancellation of the acquisition plan to let the stock price fall, so as to assist me in controlling the board of directors. When things calm down, I will raise the stock price again and let Luo Sheng sell the shares."

Hearing this, Luo Qihong felt like he was being manipulated. Wen Dongyi was no simple person.

"Excuse me, how does Wen Sheng plan to raise the stock price? How long will it take?" Luo Qihong doesn't have much time to wait.

"Now, apart from asset injection, there seems to be no other means to raise the stock price in a short period of time. It will take me about three months," said Wen Dongyi.

"Okay, then I'll be Wen Sheng's pawn, but I want the share price of Weidong Real Estate to be no less than 3 yuan. Can Wen Sheng do it?" Luo Qihong put forward the conditions.

Wen Dongyi thought about it and replied, "Okay, we can sign an agreement. If I can't do it, you can give the management rights of Weidong Real Estate Company to Luo Sheng."

These words surprised Luo Qihong. It seemed that Wen Dongyi was quite capable, but the situation was pressing.

In this way, the two reached a verbal agreement.

As Luo Qihong expected, Gao Kaiquan met with Wen Dongyi for a talk the next day.

In order to drive Luo Qihong away, Gao Kaiquan even willingly became the second largest shareholder of Weidong Real Estate Company and returned the management rights to Wen Dongyi.

Of course, Gao Kaiquan is not that simple. On the contrary, he is very cunning. He did not give up Weidong Real Estate Company, but changed his offensive strategy. He wanted to boil the frog in warm water and rely on time to eat up Weidong Real Estate Company.

Moreover, Gao Kaiquan didn't believe that Luo Qihong would keep his eyes on Weidong Real Estate Company. As long as he didn't give up, he would definitely have the opportunity to take over Weidong Real Estate.

In fact, Gao Kaiquan had already thought about acquiring another company, but unfortunately Luo Qihong would pay a lot of attention to him in the short term, so the next company acquisition would just be another Weidong Real Estate Company.

The continuous cycle of acquisitions is actually detrimental to Gao Kaiquan, giving him a bad external impression and creating considerable obstacles for future acquisitions and development.

If he was very strong, like Luo Qihong, he wouldn't have to care too much about outside perceptions. Unfortunately, he was just a weak senior agent.

Luo Qihong quickly asked someone to issue an announcement to the public that De'an Securities Investment Company and he himself would not acquire Weidong Real Estate Company and were currently selling Weidong Real Estate Company's shares.

Why do you want to say that you are selling stocks at this time?

Luo Qihong was worried that some investors would blindly follow him, thinking that since he had invested in Weidong Real Estate Company, Weidong Real Estate Company would definitely be profitable in the future, causing the stock price to remain or even rise, which would make it easier for Weimon Investment Company to sell its shares and leave with a profit.

(End of this chapter)