Hong Kong 1980: The Savage Era

Chapter 202 [202% Equity Trigger]

"I understand a little bit now." Wei Li nodded.

After all, Luo Xurui had in-depth cooperation with Wei Li and knew how to communicate with Wei Li, while Luo Qihong still needed to explore and take some time to figure out Wei Li's way of communication.

The three of them chatted for a while. Luo Qihong knew that this was not the time to discuss in detail, so he said, "I have some cooperative projects. I wonder if you two are interested?"

Luo Xurui looked as if he had expected it. He did not answer immediately, but looked at Wei Li, as if asking for his opinion.

Wei Li had heard a lot about Luo Qihong, and subconsciously thought that the project proposed by Luo Qihong would not be a small project. However, Luo Qihong also had a securities company under his control and had strong financial resources, so there was no need to look for them.

"I'm interested, but I also want to know why Luo Sheng wants to cooperate with us?"

"This is a banquet hosted by the Hong Kong government, so it's not appropriate to talk about this." Luo Qihong said, "Why don't we find a time to have a good chat?"

Luo Xurui nodded and agreed, "Okay, Luo Sheng will decide the time, and you can call me when the time comes."

Seeing that Luo Xurui had agreed, Wei Li didn't care anymore. He could always refuse anyway.

Luo Qihong did not stay with the two for long. He immediately went back to the circle where Cheng Yutong and his son were, ready to make more friends in the same industry.

"This Luo Sheng is quite interesting. Although I don't know what project it is, my intuition tells me that it will not be small." Wei Li said, looking at Luo Qihong's back.

"I guess it's an acquisition case, otherwise Luo Qihong wouldn't have come to us." Luo Xurui felt vaguely uneasy, feeling that Luo Qihong had set his eyes on his things.

"Maybe. It's enough to make money. This Luo Sheng is no small figure. Even people like Cheng Yutong seem to be familiar with him." Wei Li was still staring at Luo Qihong.

Soon, Governor Murray MacLehose came out to speak, and his voice echoed in the banquet hall.

Murray MacLehose was about to step down and the new Governor of Hong Kong, Edward Youde, was about to take office, so many people just clapped perfunctorily.

MacLehose was very dedicated. Even though he was about to step down as Governor of Hong Kong, he wanted to continue to contribute his strength to the negotiations. So after his speech, he started to talk to some Chinese people who had considerable influence, and even tried to force the Chinese to take sides in his words.

At the reminder of his secretary, MacLehose began to focus his attention on Luo Qihong.

There was no way, because Luo Qihong had the "advantage" of being more influential, younger, and less experienced among the people present.

Seeing that he could not defeat those old tycoons, MacLehose turned to Lo Chi-hung.

"Mr. Luo, you are a distinguished guest of our Governor's Mansion!" Murray MacLehose shook hands with Luo Qihong enthusiastically and said with a smile.

Now that he was here, Luo Qihong naturally thought about how to deal with the solicitation of MacLehose or other officials, and said with a smile, "Thank you, Your Excellency the Governor, for hosting the banquet. I am honored to receive your invitation."

"Mr. Luo, you are too modest. There are only a handful of people who have achieved such business success at such a young age." Murray MacLehose was flattering Luo Qihong as usual.

"Thank you for the compliment." Luo Qihong replied indifferently.

"Many Chinese in Hong Kong have achieved important positions in the business world. This is an honor for all Chinese, an honor for Hong Kong, and even more so for the British Empire. We should maintain this honor together, right? Mr. Luo!" MacLehose pressed forward step by step.

"This honor is the result of everyone's efforts, and your Excellency the Governor's contribution is the greatest." Luo Qihong did not dare to answer MacLehose's question, because it was a trap.

If the answer is yes, Luo Qihong has taken sides. If the answer is no, he will definitely be on the Hong Kong government’s blacklist, so this question cannot be answered.

"Mr. Luo, you are too kind. I am just doing my duty." Murray MacLehose said modestly, but his eyes were full of pride.

"The policies you introduced have played a great role in the development of business." Luo Qihong continued to praise MacLehose, trying to make him forget the previous topic and at the same time blow off MacLehose's "continue to make things difficult."

In fact, MacLehose's contribution to Hong Kong was not small, such as rectifying the administration of officials, establishing the Independent Commission Against Corruption, cleaning up corruption in the police force, and introducing many policies that were beneficial to the development of the Chinese.

However, Youde will soon replace MacLehose, and the policy will definitely change. As for what the change will be, Luo Qihong no longer remembers the records of his previous life.

After dealing with MacLehose, Luo Qihong's back was soaked. Fortunately, MacLehose was still kind and did not continue to force Luo Qihong to take sides, otherwise it would have been difficult to resolve the issue.

"Ah Hong, I didn't expect you to be so eloquent." Cheng Yutong laughed on the side.

This man's favorite thing is to support young people and build a thick wall of relationships for the Zheng family, so that the family can continue longer.

Luo Qihong heaved a sigh of relief when he saw MacLehose and his group leaving. He lowered his voice and said, "If you are not good at talking, you will fall into the trap of the British. There will be no recovery from this."

Cheng Yutong restrained his smile and became serious. "Yes, it seems that the days of the British showing off their power in Hong Kong will not last long. In recent years, these people have been getting better and better to us. It should be because the mainland has put a lot of pressure on them."

"Hmph! They are nothing but a group of bandits. They shout about civilization, but they are burning, killing and looting all over the world." Luo Qihong's face was solemn, but his eyes were darting around, and his voice was getting lower and lower, for fear that outsiders would hear it.

"Don't say these things here. This is the British territory after all," Cheng Yu-tung reminded.

Luo Qihong nodded and said no more.

Half an hour later, the charity auction began.

"What did Uncle Tong donate for charity?" Luo Qihong asked with a faint smile. Cheng Yutong smiled and said, "Achun is the one who handles these things. I don't ask."

So, Zheng Jiachun at the side replied, "We donated some new gold samples of jewelry companies, which are not worth much."

Luo Qihong understood what Zheng Jiachun meant. Zheng and his son did not want to send too valuable items to the auction, and were even a little reluctant to deal with the British.

"Well, my background is not that good, so I plan to auction two cheaper items." Luo Qihong also expressed his unwillingness to please the British.

"What background? You might as well just say that I'm richer than you." Cheng Yutong joked with a laugh.

"Let us welcome the first Persian carpet donated by HSBC. The starting price is 20 yuan," came the auctioneer's voice.

"Haha!! You are indeed richer than me. Chow Tai Fook Jewellery is stronger than China Gas Company, and New World Development is one of the top ten real estate companies in Hong Kong. Zhao An Real Estate can't compare to you at all." Luo Qihong laughed and slowly raised the sign in his hand to bid for the auction item.

"Mr. No. 67 bid 23 yuan! Is there any higher price than this?"

"It's just temporary. The quality of China Gas Company is far superior to that of the jewelry company." Cheng Yutong shook his head, his expression changed slightly, and brought up another topic. "In fact, I have also heard about what Ah Ji did in the Star Ferry project. It was indeed not authentic."

"Uncle Tong, it's not that I don't give you face, but there is really no way to make peace this time." Luo Qihong said expressionlessly.

Buddhas all get angry and have temper.

Li Zhaoji didn't take Luo Qihong seriously, thinking that losing 3 million was a big loss. What about the face that Luo Qihong lost? What about the 3 million yuan lost on China Gas Company?
"Oh! I know!" Cheng Yutong stopped talking.

In the end, Luo Qihong bought a piece of porcelain and a piece of jade at the charity auction, spending 1 yuan.

The beginning of April

The Hong Kong government's Financial Services Bureau and the Securities and Futures Commission jointly issued a new company acquisition agreement, which changed the original 50% equity triggering a full acquisition condition to 35% equity triggering a full acquisition clause.

Of course, previous shareholders holding more than 35% of the shares are not included in the calculation. From March 3, all companies listed in Hong Kong must comply with this rule, and the Securities and Futures Commission is ordered to monitor the implementation of this rule.

However, this agreement is not included in the legal scope and is still a recommended clause. However, if it is not complied with, it will be very uncomfortable. For example, the China Securities Regulatory Commission will block the fundraising and share offering, making it impossible for listed companies to raise funds normally.

If the fundraising is done by force, it is illegal fundraising and can be dealt with by the court.

So, although it seems not to be illegal, it is serious in legal terms.

In fact, this amount of money was made by the British. The reason is that in recent years, Chinese capital has massively acquired high-quality British companies, causing heavy losses to the British and their power has begun to weaken compared to the Chinese.

Therefore, this trick was used to safeguard the interests of the British.

Luo Qihong looked at the report and couldn't help but sneer, "Humph! Not as skilled as the opponent, but instead of looking for the reason within himself, he actually changed the rules to restrict the opponent. Don't you know that the rules can only restrict the dead, not the living?"

Luo Qihong received the news very early that the bottom line clause of 35% equity that triggers a full acquisition has been put forward for discussion. With the unanimous approval of the British, how could it be stopped by the Chinese?

Siu On Real Estate Company Office

Li Yude and his daughter Li Bingjun visited Luo Qihong, and their purpose was obviously not pure.

Dudu! !
The tea glittered and dripped from the spout, making a very pleasant sound.

"Mr. Li, Miss Li, you are so free today and come to visit me." Luo Qihong said jokingly.

Li Yude smiled awkwardly and said, "I came here today to discuss something with Luo Sheng."

"Mr. Li, please speak!" Luo Qihong stopped joking and became serious.

Li Yude hesitated, so Li Bingjun spoke up for his father and said, "Does Luo Sheng still remember what we said about setting up a new company to control Hongpu Real Estate Company?"

Luo Qihong was stunned. Didn't we not mention this matter anymore? All the shares of Hongpu Real Estate Company in our hands have been acquired by you. How can we set up a new company?
"Remember! But I don't understand what Miss Li means." Luo Qihong glanced at Li Bingjun and said, "I don't have any shares of Hongpu Real Estate Company in my hands, so I'm afraid it's not appropriate to set up a company."

When a new company was established to control Hongpu Real Estate Company, the stock price could be raised, which would be of great benefit to Luo Qihong in selling stocks. Now that he doesn't have a single share, establishing a company is obviously a thankless task.

Li Bingjun had already prepared a plan, and said, "We can return Luo Sheng's shares according to the remaining amount. The new company will hold 34.9% of the shares of Hongpu Real Estate Company and become the largest shareholder. Luo Sheng's shares can be sold at a high price to make a profit."

"Then what do you need me to do?" Luo Qihong felt that there was some profit to be made, so he wanted to ask clearly first.

Li Bingjun replied, "We need to borrow Luo Sheng's reputation and Zhao'an Real Estate's strength to raise the share price of Hongpu Real Estate."

"I need to see the specific plan before making a decision. Miss Li's few words cannot explain it clearly." Luo Qihong said with a heavy face. He could only get less than 21% of the 6% stake in Hongpu Real Estate Company, which is 12.6%.

Li Bingjun saw that Luo Qihong was not easy to fool, so she could only give him the plan document she had prepared in advance, "This is a preliminary plan. If there are any inappropriate clauses, we can modify it."

Luo Qihong nodded, opened the file and started browsing.

(End of this chapter)