Hong Kong 1980: The Savage Era

Chapter 239 [Can’t Wait Any Longer]

As far as Luo Qihong knows, Weeley made a profit of over 7 million Hong Kong dollars from this project, of which the Regal Hotel alone made a profit of million Hong Kong dollars, which shows the quality of the Regal Hotel and Paliburg Investment Company.

This project is a buy one get one free deal. Although Paliburg Investment Company does not have any properties, the company actually holds a large number of stocks of high-quality companies, such as China Motor Bus Company, Kowloon Motor Bus Company and Wing Tai Development Company, with assets worth hundreds of millions of Hong Kong dollars.

Even Luo Qihong wanted to take advantage of this piece of fat meat, but unfortunately there was the stumbling block of Luo Xurui. Moreover, he knew the two companies and the Luo Yingshi family so well that he was at a complete disadvantage even if he competed. It would be better for him to just make a quick buck and leave to avoid trouble.

In fact, the stories of Luo Xurui and Liu Luanxiong's rise to wealth are very similar. Luo Xurui took over the Regal Hotel and gave him a Paliburg Investment Company, while Liu Luanxiong acquired the Chinese Estates Holdings and gave him a China Entertainment Holdings Company.

After fooling Luo Xurui and Wei Li, Luo Qihong went to another private room in the hotel as agreed, achieving a seamless connection.

Malaysian tycoon Guo Lingcan was born in 1944 and is now 39 years old. He is a rich second-generation with pioneering ability. His father Guo Fanglai is a famous Chinese tycoon in Malaysia.

Standing next to him is his younger brother Guo Linghai. The two brothers look 6% alike, but Guo Linghai is much cooler than Guo Lingcan.

"Hello, hello. I've heard of Mr. Guo's great name for a long time!" Luo Qihong walked towards the Guo Lingcan brothers with a smile.

"Luo Sheng's name is also well-known. He is the leader of the new generation of tycoons in Hong Kong." Guo Lingcan shook hands with Luo Qihong with a smile, looking very enthusiastic.

The two sides chatted for half an hour before Guo Lingcan started to talk about the topic of the meeting.

"I heard that Luo Sheng has a lot of shares in Maswood Company. I wonder if he can sell it to Hong Leong Group?"

Luo Qihong smiled, put down his chopsticks, and said, "Mr. Guo, I'm sorry! This is an important investment of De'an Company and it will not be sold."

"Is De'an Securities Investment Company under Luo Sheng planning to go public by using the shell of Maswood Company?" Guo Lingcan behaved very modestly, a bit like a Confucian disciple.

Luo Qihong knew that this was Guo Lingcan's test, and said, "There is no such plan. Dean Company has no plan to go public for the time being. Dean Company has invested in not only Maswood Company, but also other companies."

In fact, Marswood was not a company on the verge of bankruptcy. Its net assets were more than HK$2 million and it was a company in average operating condition. It was only because the profits of its industries had a downward trend and the environment was not good that it was sold to the Hong Leong Group.

Guo Lingcan naturally didn't believe what Luo Qihong said. He didn't dare to look down on Luo Qihong, and said, "Mr. Luo, there's no need for us to play dumb. Let's get straight to the point. What conditions do you want in order to let go?"

Luo Qihong glanced at Guo Linghai and said with a smile, "Mr. Guo, you want to go public through a backdoor listing, right? If we can cooperate, it will be beneficial to both parties."

Guo Lingcan felt relieved. "Luo Sheng, you are right. It is indeed a backdoor listing. In fact, the shares in Luo Sheng's hands have little impact on us. It's just that Luo Sheng has been hiding in the dark, which makes us a little worried."

"Mr. Guo, you don't have to be so vague. Are you worried that I'll take advantage of you? To be honest, I'm not interested in the banking industry. I just want to make money through investment." Luo Qihong said, "I still have some connections in Hong Kong, including HSBC and Bank of East Asia. I can help Hong Leong Group with some small things."

"How much equity does Mr. Luo want?" Guo Lingcan thought about it for a moment and felt that it was not worthwhile to be an enemy of Luo Qihong. His Guo family's roots in Hong Kong were still not strong enough.

"10% is enough!" Luo Qihong said, "I am not a greedy person. It is not easy for Mr. Guo to make a name for himself in Hong Kong where banks are everywhere, but I don't want to be enemies with Mr. Guo."

"Okay! 10% is 10%. I hope Mr. Luo can keep his promise." Guo Lingcan was still a little afraid that Luo Qihong would snatch his love away and cause trouble at the critical moment.

"Don't worry, even though I have a bad reputation, I have always been honest in doing things." Luo Qihong took a sip of wine.

Guo Linghai suddenly said, "We plan to inject capital into Daoheng Bank and Securities Company. What does Luo Sheng plan to do?"

"De'an Company now holds a 20% stake in Maswood Company. The market value of Daoheng Bank and Securities Company is around HK$8 million. This will dilute it to 2%. I still need to inject HK$7 million." Luo Qihong said.

"Mr. Luo, isn't this how it should be calculated?" Guo Linghai began to get anxious. This man was older than Luo Qihong, but he was a little rash in his actions. Perhaps it was because someone was watching over him.

"Oh? Then how do you think Mr. Guo should calculate it?" Luo Qihong immediately became interested and wanted to see what the Guo brothers were planning.

"We hope that Mr. Luo can inject capital into Dean Securities Investment Company." Guo Linghai stared at Luo Qihong and said.

Suddenly, Luo Qihong burst into laughter. "Mr. Guo, you are calculating very well. Mr. Guo, do you know the market value of De'an Company? It made at least 3 million Hong Kong dollars in profit last year. Mr. Guo, how much equity do you think I should have?"

"." Guo Linghai suddenly didn't know how to answer. If calculated in this way, at least 40% of Maswood's shares must be given to Luo Qihong.

"Mr. Guo, this does not include my other things. Do you want to give Maswood Company to me?" Luo Qihong had a smile on his face, but his tone became unfriendly.

Guo Lingcan quickly tried to smooth things over, "Mr. Luo misunderstood. Ling Hai also had good intentions and wanted the company to quickly achieve its expansion goals."

"Mr. Guo, let me put it bluntly. This is your family company. I'm just an investor. If I have to pay so much, why don't I just acquire a bank and do it myself? The current financial environment should be very suitable." Luo Qihong sneered, not very satisfied with Guo Lingcan's explanation.

"Mr. Luo, aren't we negotiating? It's all for future profits." Guo Lingcan continued to comfort him.

Luo Qihong didn't want to ruin the deal, so he thought about it carefully and said, "I can provide some help with Daoheng Bank's business. The loan business of my real estate company can be handed over to Daoheng Bank, and I can also introduce more partners to Daoheng Bank. I think this should be a very good business, enough for Daoheng Bank to digest for a while."

Hearing this, Guo Lingcan smiled and said, "Okay, Luo Sheng still has more power in Hong Kong, then we will have a happy cooperation."

In its heyday, the market value of Zhaoan Real Estate Company was HK$12 billion. At this time, it has a market value of nearly HK$8 million. It recently acquired Baohua Construction Company. The future loans will be an astronomical figure, and the interest earned will be tens of millions of yuan. Luo Qihong knew that the Guo brothers had set their sights on this business from the beginning, and they would not give up until Daoheng Bank took it over.

Of course, Luo Qihong is no pushover. The current market conditions are not suitable for land development. When the market improves, he should sell those stocks and leave with profits.

In fact, the Guo Lingcan family has good management capabilities, and these shares should be worth holding for a long time.

It has been nearly a month and a half since HSBC announced that it was supervising and assisting Jianing in restructuring its debts. The share price has risen a bit. Although it is still a far cry from its peak, it is no longer so critical. The overall situation is that it can still hold on for some time.

To Luo Qihong's surprise, HSBC did not discover the bad debts of Jianing Company. It seemed that Chen Songqing's methods were more advanced.

This made it difficult for Luo Qihong to choose a suitable time to discuss matters concerning Nikkatsu Film Company with Chen Songqing.

However, Chen Songqing still wanted to take advantage of the situation to complete the debt restructuring of Jianing Company and turn the tide, so he borrowed tens of millions of Hong Kong dollars from some banks for turnover. Now the situation has eased a lot.

However, Chen Songqing also knew that such a small amount of money would not be enough to cover the debt of tens of billions of Hong Kong dollars, and he had to find another way out.

After much deliberation, he decided to contact Yumin Bank when necessary to get funds to tide him over the period of the crash, which would be good for everyone.

You have to know that the top management of Yumin Bank has been severely corrupted by Chen Songqing. Once the matter is exposed, the top management will be imprisoned for life, and their lives will basically be over. If the boss of Yumin Bank is too angry, it will not be a big problem to let them die in prison.

However, Luo Qihong's acquisition of Nikkatsu Film Company was approaching a critical moment. He believed that any further delay might require paying a greater price, so he asked Bai Jinyan to find a way to contact Chen Songqing to discuss the matter of Nikkatsu Film Company.

If Chen Songqing is unwilling, he can find another way.

Jianing Company Meeting Room

The lady at the front desk led Luo Qihong and Bai Jinyan into a large conference room, and someone quickly brought them coffee.

"Mr. Luo, Miss Bai, please wait a moment, Mr. Chen will be here soon." The lady at the front desk said, bending down slightly.

Seeing that all the staff of Jianing Company had left, Bai Jinyan joked with Luo Qihong, "The front desk clerk just now was quite pretty. She could be selected in the Miss Hong Kong pageant."

Luo Qihong laughed and said, "You can also participate in the Miss Hong Kong pageant. You are also very beautiful."

"Really?" Bai Jinyan pursed his lips and thought, 'Then why don't you have any feelings for me?'

"I never tell lies." Luo Qihong smiled. In his impression, Bai Jinyan was indeed a beauty, and a first-class one at that.

Bai Jinyan still didn't give up. "Compared to Miss Guan? How much do I compare to Miss Guan's beauty?"

Luo Qihong stole a glance at Bai Jinyan and said, "About 8-9%. You two are all pretty, and you're both beautiful. Actually, I don't understand why you guys keep comparing yourself to each other. What's the big deal if you win?"

Bai Jinyan smiled with satisfaction and said, "Just like how you men make money, the difference between 10 billion and 1 billion."

At this time, the door of the conference room was opened and Chen Songqing walked in with a group of people.

Luo Qihong turned his head and saw Chen Songqing wearing glasses and holding a cigar in his right hand. He stood up and shook hands with Chen Songqing, "Mr. Chen, I have heard a lot about you!"

"Please sit down, please sit down!" Chen Songqing exhaled a puff of smoke, grinned, and was very enthusiastic.

After everyone sat down, Chen Qingsong took a deep puff of his cigar and asked with a smile, "Does Luo Sheng usually smoke cigars?"

"I smoke occasionally, usually when I'm thinking about something," said Luo Qihong.

As soon as he finished speaking, a female secretary handed over a lit cigar, which looked to be the same brand as the one in Chen Songqing's hand.

Luo Qihong took it, took a deep breath, and said, "Mr. Chen really knows how to enjoy himself. This cigar is a bit spicier than ordinary cigars. It should be a Cuban cigar, right?"

"Yes, Luo Sheng is an expert." Chen Songqing smiled proudly. He is still a man at the top, so he has to be a little arrogant.

"I'm not much of an expert." Luo Qihong started chatting with Chen Songqing.

About 13 minutes later, Luo Qihong got to the point and said, "Mr. Chen, Dean Securities Investment Company is interested in purchasing your company's 21% stake in Nikkatsu Films. Are you willing to sell it?"

Chen Songqing said with a wry smile, "Nikkatsu Films?! This was acquired by Jianing with great difficulty. Although Jianing is currently restructuring its debts, it is not willing to sell such a high-quality investment."

Luo Qihong sneered in his heart, "If you don't want to sell it, why did you ask me to meet? Now you are pretending to be cool. You won't be so arrogant later."

"I have seen the detailed information of Nikkatsu Films. Jianing Company originally spent HK$1 million to acquire it. Considering the current market conditions, Dean Securities Investment Company is willing to acquire it for HK$6 million. What do you think, Mr. Chen?"

(End of this chapter)