Hong Kong 1980: The Savage Era

Chapter 200 200 [Levels of Upper Society]

Once the news spread, shareholders who held Weidong Real Estate Company shares were dumbfounded. Even the stocks that Luo Qihong was going to sell were not worth owning at all. After all, Luo Qihong's title was there - the company doctor.

As a result, Weidong Real Estate's share price fell 30% at the close of the day, falling back to 1.8 yuan, only 1.6 yuan higher than the price of 0.2 yuan when Weimon Investment Company bought it.

It seems that there is still profit to be made and in fact it can be sold, but if no one takes over, it will be a waste of money to sell it.

Weimon Investment Company was facing this situation and its stocks were stuck in its hands.

Landlords Club Rooftop Garden

Gao Kaiquan sat there with a serious look on his face, not even paying attention to the boiling water next to him.

"We should have talked to Wen Dongyi earlier, or sold them earlier." Zhong Wei, who was glared at by Gao Kaiquan, did not continue speaking and swallowed his words back.

"What's the point of saying these things after the fact? Let's think about how to get back the 1 million we invested." Gao Kaiquan said in a deep voice.

Zhong Wei was silent for a moment, then replied, "According to our investigation, Luo Qihong's De'an Securities Investment Company did not sell many shares of Weidong Real Estate. It still holds at least 10% of the shares. I think the share price of Weidong Real Estate will definitely rise."

Gao Kaiquan sighed, "I know Luo Qihong won't let go easily. This man can't go against money. He is good at making money while attacking the enemy. We can follow Luo Qihong to make the money back, but do we know the time?"

"Luo Qihong's wealth is much greater than ours. Just one De'an Securities Investment Company can play with us slowly. The 1 million we invested cannot stay in one stock for a long time."

Zhong Wei cautiously glanced at Gao Kaiquan and whispered, "Then we can only go to Luo Qihong to make peace."

Although he spoke in a low voice, Gao Kaiquan still heard it very clearly and couldn't help but scold him, "It's easy to make peace with Luo Qihong, but have you thought about how to impress Luo Qihong?"

"Luo Qihong is a new generation tycoon in the business world, with a net worth of nearly 20 billion. We are just small fry, so are we going to spend our entire fortune to please Luo Qihong? It would be better to just fight him head-on, at least we can have something left."

"Perhaps Luo Qihong just needs our attitude, not our token of allegiance." Zhong Wei said carefully.

Gao Kaiquan still felt a little embarrassed. As a man who could be Luo Qihong's father, it was really uncomfortable for him to apologize to Luo Qihong like a grandson.

"Forget it. There's no need to lose face over a loss of several million." Gao Kaiquan waved his hands and said dejectedly. He was still not broad-minded enough.

But it's also true that if Gao Kaiquan had the mind of Han Xin, he would have been one of the top tycoons in Hong Kong long ago, and there would be no need for him to be a thug for those tycoons.

兆安地产公司旗下拥有中环安乐园大厦、东昌大厦、湾仔鹿岛大厦、尖沙咀2层商场以及价值2千8百万元的零散物业，资产值接近11亿元，负债4亿9千万元（没加上信和地产公司的东昌大厦尾款），负债率44.5%。

Such data is average among first-class real estate companies, but taking into account the cash and stocks held by Zhaoan Real Estate Company, the debt ratio can be immediately reduced to 26%.

Today, Towngas is of exceptional quality, with a market value of HK$26 billion, ranking among the top companies in Hong Kong. Otherwise, it would not have attracted the attention of tycoons like Lee Chiu-kee.

As a result, Luo Qihong naturally received an invitation letter from the Hong Kong government to attend the evening party, inviting Luo Qihong to attend the evening party on February 2, during which there will be a charity event.

Tsim Sha Tsui Happy Tea House
Luo Qihong was not very familiar with such parties, so he made an appointment with Lin Luoqi to learn some of the rules to avoid embarrassment. "I also received an invitation from the Hong Kong government. I think this is the last banquet of Governor Murray MacLehose in Hong Kong. The purpose should be to win over Chinese people like us. I heard that the negotiations with the mainland are not very smooth and there are many differences." Lin Luoqi's face was unusually cautious.

This is a very heavy topic.

It would be a lie to say that the Chinese do not want to return, but they are also worried that everything their family owns will be confiscated or that the business environment will not be as good.

Luo Qihong, who knew the final result, was of course not worried, and his expression was very relaxed. "This is just a last-minute effort. It is unlikely that they want us to stand on the side of the British."

If it was before the 80s, Luo Qihong would be very cautious in his words and actions and would be unlikely to say such a thing, but now the British are like grasshoppers in autumn and are not as domineering as before.

Lin Luoqi pondered for a moment. He was worried that he might cause trouble by speaking. This was also something his family had specifically instructed him not to bring disaster to the family.

"Everyone knows these words very well, but it's better not to say them out loud. The British are still in charge now. If you offend them, it won't be easy to attract the Securities and Futures Commission, the Independent Commission Against Corruption, and other institutions, Ah Hong."

Luo Qihong nodded heavily. Lin Luoqi's words made sense and were very realistic.

Luo Qihong also got some information from these words. Most Chinese families hope to escape from the clutches of the British. After all, the Hong Kong government has given too many conveniences to British companies in the past few decades, which has made things difficult for many Chinese.

“Actually, there aren’t too many rules for this kind of banquet, but what we must do is to give face to the Hong Kong government. Charities have to donate some things, or take pictures of a few items. Anyway, this is a good thing to accumulate merit.” Lin Luoqi still looked a little uneasy.

"Well, I thought there were some necessary rules." Luo Qihong replied indifferently. Donating things was fine, but buying a few things was a simple matter.

"Some prominent families will donate some antique treasures in advance, and families with less wealth like ours usually pay to buy these things." Lin Luoqi thought for a moment and continued to explain, "Some people even specifically bid high prices for things donated by certain families, hoping to establish relationships with those families."

"There is also competition among those prominent families, hoping to make a splash at the charity event to make the family more visible."

Luo Qihong had seen a lot of these things in Hong Kong dramas in his previous life. Perhaps in the eyes of those people, he was just a country bumpkin and a nouveau riche.

Luo Qihong smiled slightly and said, "Uncle Lin has been working hard in Hong Kong for many years. He should have some status. He must be different from a nouveau riche like me."

Unexpectedly, Lin Luoqi smiled bitterly and shook his head, "It's all the same. In the eyes of outsiders, we seem to be in the same circle, but in fact, those noble gentlemen look down on us and despise our low knowledge."

"The Li Fushu family you have dealt with is from that circle, but the Li Fushu family is also a relatively backward existence. On the contrary, the Li Hiu-shin family in Causeway Bay is not very prominent. In fact, their status is much higher than that of the Li Fushu family."

Luo Qihong really had never understood these things. He knew that there were stratifications in the upper class, but he didn't expect that even Li Fushu's family couldn't be ranked. Then he should be at the bottom of the upper class, or even a pseudo upper class.

"It seems that I need to attend more banquets, otherwise I will really become a country bumpkin with no ambition." Luo Qihong said self-deprecatingly.

"It's useless. Deliberately attending these banquets will only make you uncomfortable. It's better to take it slow." Lin Luoqi advised.

(End of this chapter)