Hong Kong 1980: The Savage Era

Chapter 23 023 [Yongtai Construction]

Luo Qihong stood at the door, gazing at the luxurious agency that was crowded with people, with a smile on his face. He thought, "Evil will be punished by evil."

They wanted to threaten their peers to gain some market share, but ended up suffering increasing losses. They really deserved it.

At ten o'clock, Luo Qihong went out and went to the old theater on Tianhou Temple Road, where he and Lu Song had agreed to sign a contract.

"Mr. Lu, are you satisfied with the decoration?" Luo Qihong said with a smile. It was not only a day to make profits from transactions, but also a good time to defeat opponents. Naturally, he was happy.

"It's okay! I plan to rent it out for a while after taking over, and then sell it when the price is higher." Lu Song expressed his plan because Luo Qihong did not pose a threat to him.

"If I had as much financial resources as Mr. Lu, I would also speculate in properties such as houses and shops. I would make much more money than being a real estate agent." Luo Qihong praised Lu Song.

Lu Song smiled bitterly and said, "It's not always profitable to speculate in properties. I speculated in warehouses in Sheung Wan before, and ended up losing more than 20 yuan. Sometimes being an agent can make more money than speculating in properties. For example, we made a lot of money from the office building we bought last time. But most people work as agents just to earn a living."

The two chatted for a while before going to the law firm to sign the contract. Lu Song also handed Luo Qihong a check for more than 80 yuan.

This theater cost Luo Qihong a total of 89 yuan, and the shop sold for 112 million yuan, with a profit of 23 yuan. After deducting the commission of 4400 yuan generated by the two transactions, the net profit was 22.6 yuan.

The difference between the 2 yuan used to acquire the 24 square feet of land in the Type B official letter exchange certificate is 1.4 yuan. It can be said that the 2 square feet of land was earned back.

Luo Qihong went to the bank to cash the check, and then found Zhang Taotao to ask about the stock price of Hang Lung Group.

It is only the beginning of December now, and Hang Lung Group has not announced any good news, so the stock price has risen very slowly, only to 12 yuan. Luo Qihong made a profit of 5.9 yuan from his 20 shares.

"Mr. Zhang, can you introduce some stocks?" Luo Qihong asked.

At this time, Luo Qihong really had no idea of ​​investing in any stock, but he had to find an investment direction for the more than 90 yuan in his account. The most foolish thing to do was to put it in the bank and earn interest.

Zhang Taotao thought for half a minute and replied, "I personally think that Yongtai Construction and Development Company is good and its market value is seriously underestimated. However, I don't know when Li Zhaoji, the boss of Yongtai Construction and Development Company, will announce the true asset value of Yongtai Construction and Development Company to increase the stock price."

Yongtai Construction Company was listed in 72 with a paid-in capital of only 2532 million yuan. It was a relatively small real estate company. In 75, Li Zhaoji exchanged properties under the name of Hang Lung Construction Company for 1900 million new shares of Yongtai Construction Company, thereby controlling 42.9% of the shares of Yongtai Construction Company and becoming the largest shareholder.

By 77, Li Zhaoji exchanged six of his territories for more than 6 million new shares, increasing his equity control to 4200%.

Today, the share price of Yongtai Jianye Company is 7.2 yuan, with a market value of about 6 million yuan. The actual asset value is underestimated by nearly half.

After asking about the stock price, Luo Qihong only remembered that Henderson Land Development (Li Zhaoji's private company) would be listed next year. He did not have much impression of Wing Tai Development. However, Li Zhaoji, who was known as the stock god of Asia, would not give up his plan to make profits from Wing Tai Development.

"Okay! Help me buy all the funds in the account into Yongtai Jianye Company." Luo Qihong thought he could give it a try. The current stock market is hot and it is unlikely to lose the principal. At most, it would just be a waste of some time.

"Yes, I'll do it right away." Zhang Taotao turned and left. Soon he brought a lot of documents for Luo Qihong to sign.

It was not until 12 noon, when the market was about to close, that Zhang Taotao handed the stock certificate to Luo Qihong.

Today, Luo Qihong's stock market investments include 20 shares of Hang Lung Group and 12.7 shares of Wing Tai Construction Group, with a total value of 209.5 million yuan, and are still in the stage of appreciation.

Luo Qihong believed that before the arrival of the 81st year of the new calendar, his personal assets would exceed 250 million yuan, which was 9 times the 6000 yuan he had when he first traveled through time in September.

Of course, luck played a big role in this, and personal ability only played a small part. After lunch, Luo Qihong took the tram back to the North Point Wo Hung Real Estate Company. He saw Guan Jiahui just opening her lunch box and preparing to eat.

Guan Jiahui glanced at Luo Qihong, then looked away and started to eat. She was really hungry. She received four waves of customers in the morning, but only made one deal and received a commission of 4 yuan.

She took a few bites of food, took out the banknotes, handed them to Luo Qihong, and said, "This is the commission. I just sold a 625-square-foot house."

Luo Qihong took the money and said with a smile, "Great! You have sold 5 houses in the past few days. You should be able to pay off the 3 yuan you owe me next year."

Guan Jiahui curled her lips and didn't respond. She seemed to dislike talking about debt.

In the afternoon, Luo Qihong and Guan Jiahui were very busy, moving between clients. They finally sold a house after much persuasion and earned a commission of more than 1000 yuan.

After getting off work and returning to Kowloon Bay, Luo Qihong found his future sister-in-law Zhang Qianqi sitting on a small stool as soon as he entered the door. She was happily chatting with her mother Lin Ya, smiling so hard that her front teeth were showing. He immediately sighed that Zhang Qianqi was very good at dealing with people, and she had managed to win over Lin Ya in such a short time.

The scenes of the relationship between mother-in-law and daughter-in-law from TV dramas in his previous life appeared in his mind. The daughter-in-law is very well-behaved when she first comes home, but once she gets her feet on the ground, her true nature will be revealed and she will start to compete with her mother-in-law. Luo Qihong feels that Zhang Qianqi is not an easy person to deal with. Perhaps she is a good daughter-in-law who respects the elderly and loves the young.

"Ah Hong is back! I heard that the real estate business in North Point is doing well." Zhang Qianqi greeted with a smile on her face.

Luo Qihong smiled and responded, "Business is indeed good these days, but I'm just an employee, and I earn so little commission. It's really better to work as a white-collar worker in Central."

Luo Qihong had not told his family that he had bought the agency shop in North Point to do business, so Zhang Qianqi had no idea whether Luo Qihong was really doing this or not.

Zhang Qianqi smiled. She realized what Luo Qihong meant by this. She hadn't entered the house yet, so she could only change the subject. "Being an agent is so hard. Go and have a rest."

"Yeah!" Luo Qihong nodded and walked towards the printing area.

At this time, Luo Zegui and Luo Qixing were so busy that they seemed to have no time to stop and did not notice Luo Qihong's arrival at all.

It was not until Luo Qihong reached out and moved a stack of magazines that Luo Zegui looked up and saw Luo Qihong.

"Have you received any new business?" Luo Qihong asked.

Luo Zegui nodded and admitted, "I took on an extra order, and now I have to rush to deliver the goods to others."

Luo Qihong had known that this would be the situation. Luo Zegui and Lin Ya have always been good at calculating, so how could they allow their bankbooks to be empty? Only when there is enough money in the bankbooks can they live with some peace of mind.

Luo Qihong even felt compassion and wanted to give them the more than 10 yuan they spent on buying printing equipment. However, thinking that now was a critical period for them to make a fortune and that Luo Zegui and Lin Ya might not accept it, he gave up the idea.

Since all the men were working to deliver the goods, Luo Qihong had no choice but to join in to reduce the burden on the father and son, allowing them to finish the work earlier and rest.

Unfortunately, the equipment still did not stop and was still rumbling until 10: in the evening. Luo Zegui began to urge Luo Qihong to go back and rest. After all, Luo Qihong had to go to work tomorrow.

Luo Qihong was also very tired. He had been running around all day and had to continue working at night. It was really a bit "too hard to bear".

"Well! I'll go to rest first. Don't work too late. You can still catch up tomorrow." Luo Qihong said a few words of concern and returned to the room.

(End of this chapter)