Hong Kong 1980: The Savage Era

Chapter 219 [Is the source clean? ]

Mid to late January 82

The situation in Hong Kong has further deteriorated. The two sides have already determined the date for negotiations, but it is not yet time for tabletop bargaining, so public opinion propaganda has become particularly important.

And as Hong Kong was the main battlefield, the atmosphere was extremely tense, like a fish pond with particularly turbid water. Ambitious people of all sizes wanted to take advantage of the opportunity to make a fortune, speculate, and step onto that stage.

These situations have made the middle and lower class citizens very miserable and panic-stricken. Even with the help of the mainland media to explain, it is impossible to calm the citizens. I believe that the situation will gradually improve.

Luo Qihong looked at the report in the newspaper and couldn't help but fall into deep thought. Not to mention the ordinary people, even a high-ranking tycoon like him was greatly affected.

Fortunately, he has invested most of his personal funds and De'an Company's funds overseas, in Japan and the United States. The impact of the temporary bad situation on him has been reduced to a low point, and by next year, the capital and profit will be recovered a lot.

In fact, British-owned companies are much more nervous than Chinese companies. After all, the British are outsiders and a different race, and they will be the first to be liquidated.

"What's the matter?" Luo Qihong asked Chen Zhilong who came in after knocking on the door.

Chen Zhilong replied, "Our people have sent news that Li Jiafeng and his son are snapping up old buildings in the market. They have already purchased three commercial buildings in downtown Kowloon, with a floor area of ​​more than 3 square feet."

Luo Qihong was slightly stunned. If Chen Zhilong hadn't mentioned it, he would have almost forgotten about this person. The previous grudge was really a bit bloody, and now he was not so interested in dealing with the father and son.

"They are so crazy, have they received any accurate news?" Luo Qihong asked casually.

Chen Zhilong shook his head and said, "I don't know. This is very likely a leak from some Hong Kong government officials. Otherwise, Li Jiafeng and his son wouldn't be so arrogant."

Luo Qihong smiled faintly, "Then let's make them even crazier. Let's spread the news that Zhaoan Real Estate Company is about to acquire a batch of old commercial buildings, which means 'bottom-fishing'."

Chen Zhilong's eyes lit up. He knew that the boss would not let Li Jiafeng and his son go easily. He just didn't have a suitable opportunity to do so before. "Yes, I know what to do. I will make sure that the Li father and son will not get away easily."

"There are rumors in the market that the British will continue to colonize Hong Kong and that real estate will not collapse but will instead soar," Chen Zhilong suddenly said worriedly.

There is some truth to what Chen Zhilong said, because the British won the Falklands War with Argentina, which boosted their confidence and made them feel that their empire had not yet declined.

The hype in newsprint gave Hong Kong citizens a sense of illusion, with Li Jiafeng and his son being typical representatives.

Luo Qihong knew this history very well, and said with a smile, "Rumors are just rumors. Don't worry and do it. Our judgment will not be wrong, Mr. Chen!"

Seeing Luo Qihong so confident, Chen Zhilong didn't dare to say anything.

Then Luo Qihong brought his bodyguards to Dean Securities Investment Company.

"Rumors are spreading now. The Hang Seng Index has climbed 30 points, and many stocks are rising sharply." Bai Jinyan said.

Luo Qihong waved his hand confidently, "This is temporary. Compared with the Japanese stock market, this is nothing. I dare to assert that the Hong Kong stock market and the local market will suffer a disaster."

The butterfly effect exists in every world, but a super-large butterfly effect requires "millions of corpses" to change. Luo Qihong does not think there will be any suspense in this negotiation.

The people in charge of the mainland are old people who have experienced the war. How could they possibly back down on such major issues?

"Well! However, many clients want to withdraw some funds from the Japanese stock market and invest them in the Hong Kong stock market and local markets. Should we waste some of their time?" Bai Jinyan said.

Luo Qihong laughed and said, "Sister Jinyan, that's not our money. We just pay the high handling fee. They are willing to come in and out and give us money. Do we need to refuse?" Bai Jinyan nodded, "That's right. We are just helping with the investment. We are an executor, not a decision maker."

"However, we still need to remind our customers that our company is engaged in financial services and we have the responsibility to remind them. This will also help them come back to us," said Luo Qihong.

Bai Jinyan's heart was also fluctuating. The current market was affected by the political situation and it was very easy for it to plummet or soar suddenly. There was no time to evacuate or enter the market. The only effective way was to ambush a small amount of funds to ensure profits and limited losses.

"The shareholding of Zhaoan Real Estate has been reduced to 35.1%, and the funds recovered are 1 million yuan. Is this money also invested in the Japanese market?"

"Well, invest all in the Japanese stock market, and it would be better to start purchasing a large number of Nikkatsu Film Company shares." Luo Qihong has his eyes on the Japanese real estate market.

Prior to this, Bai Jinyan had followed Luo Qihong's instructions and acquired a lot of Nikkatsu Films shares. He now holds 6.2% of the shares and has become the fifth largest shareholder of Nikkatsu Films.

However, Luo Qihong did not let the branch reveal its identity, but continued to lurk, waiting for the collapse of the Carrian Company so that he could take over the Nikkatsu Film Company in the future.

Bai Jinyan knew that Luo Qihong wanted to take this opportunity to enter the Japanese real estate market. According to his understanding, the potential of Japanese real estate markets was no worse than that of Hong Kong real estate markets. The cinemas and land owned by Nikkatsu Film Company would soon become priceless.

Even though Nikkatsu Films is still in a loss-making state, it does not prevent us from discovering its potential and laying the foundation for the future.

"Okay, I'll tell them what to do." Bai Jinyan said, "The current land price in Japan is still relatively low. Won't you arrange for Zhao'an Real Estate Company to go to the site?"

Luo Qihong shook his head and said, "I don't have such plans for the time being. The core of Zhaoan Real Estate Company is still Hong Kong. There is no need to lose sight of the main goal. Besides, the potential of Hong Kong is much greater than that of Japanese cities."

What a joke!
Luo Qihong has made a lot of plans for Zhaoan Real Estate Company, all of which are based on Hong Kong cities. Not to mention whether the Japanese will block the relocation, how can Zhaoan Real Estate gain a foothold in Hong Kong without those funds?

He thought for a moment and said, "If you have your eyes on a Japanese city, you can use the power of the branch to acquire a few small real estate companies, and try not to cause a big stir in Japan."

"The Japanese are more xenophobic and won't have any good intentions towards us, so we should try to be on our guard."

Bai Jinyan nodded thoughtfully, agreeing with Luo Qihong's statement.

Then, Bai Jinyan handed over a report and said, "This is the information that Xie Liyuan Gold Company wants to use us to invest in the Japanese market."

Xie Liyuan Gold Shop? !

Luo Qihong suddenly had strange thoughts. He did not have a very specific impression of this company in his memory, but after seeing that this company had an astonishing amount of loans from Hang Lung Bank, he remembered some very bad things.

This company joined forces with many speculators to purchase a large amount of gold between 79 and 80. In early 80, gold prices soared to US$825 per ounce, a three-fold increase from 77.

Unfortunately, Xie Liyuan Gold House did not ship out the gold at the peak, and even borrowed a large amount of funds from Hang Lung Bank and other banks to buy up the gold of speculators. Now there are signs that it has misappropriated the gold held by other speculators.

The current gold price has dropped a lot, so Xie Liyuan Gold Shop naturally suffered heavy losses.

Although it has a history of hundreds of years, unfortunately it will not be long before it goes bankrupt. Now the investment funds show signs of misappropriation, which makes Luo Qihong a little worried.

"Is the source of this money clean?" Luo Qihong closed the document and looked at Bai Jinyan very seriously.

(End of this chapter)