Hong Kong 1980: The Savage Era

Chapter 204 [Investment Direction Issue]

Luo Qihong laughed secretly in his heart. If he agreed to such harsh conditions, he would really become a helpless fish and be at the mercy of Zhao Shizeng and others.

He knew that no real estate developer would agree to such conditions. This was not much different from giving money to the Zhao Congyan family for free. Although he really wanted to take over the Huaguang Real Estate Company, judging from the conditions stated by Zhao Shizeng, the Zhao Congyan family was not yet completely determined to withdraw their capital. They just wanted to be prepared so that they could pass on the responsibility at any time, but they were reluctant to give up the interests of the Huaguang Real Estate Company.

Luo Qihong pondered for a moment and came to the clear conclusion that no one could seize control of Huaguang Real Estate Company for the time being, and the Zhao Congyan family did not want to let go either.

Even if Zhao Congyan wanted to sell Huaguang Real Estate Company, the 24.5% stake he held was not much. As long as he paid some price, he could still seize Huaguang Real Estate, even if it triggered the bottom line of a full acquisition of 35% of the shares.

Luo Qihong shook his head and said with a wry smile, "Mr. Zhao, you should find someone else. I don't have so much money for the time being."

In fact, Luo Qihong was also worried that Zhao Shizeng's words were intended to test whether he had the intention to acquire Huaguang Real Estate Company. If confirmed, even if he obtained those shares, it would be difficult to truly seize Huaguang Real Estate.

Zhao Shizeng took a deep look at Luo Qihong and said, "That's really a pity. Luo Sheng knows the actual asset value of Huaguang Real Estate. If Huaguang Real Estate Company is taken over, it won't be a problem for Zhaoan Real Estate Company's market value to exceed 25 billion yuan."

Are you trying to sell it? You're just looking for a fool as a backup.

Luo Qihong complained, his expression remained the same, "It's really not a chance. Huaguang Real Estate Company is very high-quality and has a high market value. It would be more appropriate for Mr. Zhao to find those tycoons who are at the top of the rich list."

After chatting with Zhao Shizeng for nearly half an hour, Luo Qihong left Huaguang Real Estate Company.

He was sitting in the back seat of the car, his face so gloomy that even the driver was startled.

Driving through the prosperous Wan Chai, Luo Qihong looked at the tall buildings outside the window and suddenly felt that he should not be so honest. Even if his acquisition of Huaguang Real Estate Company's stocks was discovered, he could just initiate the acquisition directly.

Having capital in hand and not having capital in hand are two different things. Even if Zhao Shizeng plays tricks, he can deal with it calmly.

Therefore, after returning to De'an Securities Investment Company, Luo Qihong immediately instructed Zhang Haipeng to start secretly purchasing shares of Huaguang Real Estate Company, and told Zhang Haipeng to act with caution, and rather not get the shares than alarm the Zhao Congyan family.

Late September

Bai Jinyan returned to Hong Kong from Japan and has already finalized the affairs of the new company in Japan. An investment of HK$1 million has already been made in the Japanese stock market.

"Our investment in Japan has been completed, and the new company only has 1 million yen (equivalent to 7 million Hong Kong dollars) of operating funds left in its account." Bai Jinyan handed Luo Qihong a detailed investment report.

Luo Qihong flipped through it briefly and saw that Honda, Mitsubishi and other companies were listed. "We should gradually transfer our securities and stock investments in Hong Kong to the Japanese stock market to prevent the Hong Kong stock market from suddenly collapsing."

"Okay! I have already made arrangements in this regard when I was in Japan. Although I am in Hong Kong, I can still grasp the situation of the Japanese market in a timely manner, and the staff I left behind can also do these things well." Bai Jinyan said, "The only problem now is that our new company in Japan does not have many customers yet. If it is just our own business, it seems a bit wasteful."

Luo Qihong smiled and said, "Then do you have any good suggestions?"

"The handling fees of Japanese securities companies are very high. We can definitely start in this area and reduce some of the handling fees to attract some retail investors." Bai Jinyan explained, "The investment of retail investors is indeed small, but it can accumulate into a large amount. We can first establish our reputation in the securities industry, and then things will gradually get better in the future."

To be honest, Luo Qihong's securities investment is all done by relying on the memories of his past life, and his ability in this area is indeed not as good as Bai Jinyan's.

"Okay, let's do as you say." Luo Qihong naturally accepted Bai Jinyan's advice.

Bai Jinyan continued to report, "Japan's Nikkei index climbed to more than 8 points last year, fell back to more than 6 points last month, and now it has risen to nearly 7 points. It was at the bottom when we bought in." "I judge that the Nikkei index will not fall further and will continue to soar, so I suggest that we immediately transfer the company's funds to the Japanese market. Doubling it should not be a problem."

"Okay, then you should start having people sell some of the stocks that have almost appreciated in value, and convert the recovered funds into Japanese yen and then transfer them to the Japanese market." Luo Qihong is also well aware of the development trend of the Japanese market. Now is indeed the best opportunity to enter the market.

Bai Jinyan pondered for a moment and said, "In the future, I'm afraid I'll have to fly back and forth between Japan and Hong Kong, and I'm afraid I won't be able to take care of De'an's affairs. So should I find someone to take over part of the work, or will you be in charge of this part of the work?"

Bai Jinyan certainly doesn't want others to take away her authority, but now it is no longer possible to do so without dividing the authority. Instead of letting Luo Qihong propose it, it is better for her to propose it herself, so that she can take the initiative in work allocation.

Luo Qihong shook his head and said with a wry smile, "I am even busier than you. How can I have the time to help manage De'an Company? I have been so busy during the time you have been here that it is impossible for me to be in charge of these tasks for a long time. You should find someone to take charge. I don't have any suitable candidates."

"Okay then, I'll take care of this." Bai Jinyan thought that Luo Qihong would take the opportunity to place his confidant here.

After all, it has been so long, it is reasonable for Luo Qihong to find talents in this area.

Luo Qihong thought for a moment and asked, "Just now you mentioned that the new company in Japan lacks business. Can we find some Hong Kong customers who are willing to invest in Japan? We can also charge a higher handling fee and make more money for the company."

In Luo Qihong's opinion, the Hong Kong stock market is no longer as active as it was in 81, while the Japanese market is doing very well. Since De'an Company cannot occupy the entire market anyway, it is better to earn more commissions.

"This is a good idea! It can not only allow De'an Company to earn some transfer fees, but also increase the business volume of the new company. In fact, we have just started in Japan, and even if there are some tricks to reduce the handling fees, they may not be very effective." Bai Jinyan's eyes lit up and he said with some excitement.

Luo Qihong took out a document from the drawer, handed it to Bai Jinyan, and said, "Take a look at this first."

"Is it a new investment project?" Bai Jinyan said as he took the document.

Luo Qihong nodded and said, "Yes, a new investment project! It's American bonds."

As one of the bosses of a securities company, Bai Jinyan also has some understanding of the U.S. bond market. He flipped through the documents carefully and said, "The current U.S. economy is still a bit sluggish. Although technology stocks have improved significantly, they are not a pillar industry and may not rebound significantly in the short term."

Luo Qihong shook his head. "Not necessarily! As one of the centers of the global economy and a superpower, the U.S. economy won't be depressed for too long. If we find that its economy has begun to pick up, then our chance will be gone."

"The current US bonds are like cabbages in Hong Kong, very cheap. Even if the economy does not improve in the short term, it will not lock up too much capital. I think it is worth investing."

Bai Jinyan felt a little embarrassed and said, "Ah Hong, you have been running De'an Company this month. You should be very clear about the company's financial situation. We don't have that much money to invest in both directions."

"There is definitely money to be made in the Japanese market, but not necessarily in U.S. bonds, so I still want to transfer all my funds to Japan."

"No problem! Then I can only invest privately. I have a strong feeling that the US bond market will definitely be hot, and there is not much time now." Luo Qihong smiled faintly.

He was preparing to go to the United States, and his memories of his past life needed to be authenticated on the spot.

Seeing that Luo Qihong was so confident, Bai Jinyan suddenly became hesitant. Luo Qihong had never failed before, so Bai Jinyan began to doubt his persistence.

(End of this chapter)