Hong Kong 1980: The Savage Era

Chapter 25 [Everyone has their own little thoughts] (Please collect)
Unfortunately, Luo Qihong did not show any sign of getting angry. Instead, he said calmly, "We can't come up with a solution. The geomancer can't not tell them. It will affect us. You said this is a fortune-robbing bureau. This is clearly a fortune-robbing bureau. How can we come to an agreement with just a few words?"

Guan Jiahui thought about it and felt that Luo Qihong's words made sense. "Then what are you going to do?"

"Give someone a taste of their own medicine! Go get a geomancer and let him figure out how to deal with the opponent." Luo Qihong said with a smile.

Guan Jiahui immediately ran to Luo Qihong's side and spread out her palms, "Money! How can I hire a geomancer without money?"

"." Luo Qihong was slightly stunned. Just give the money, but your speed seems a bit fast.

He took out two hundred-dollar bills from his wallet and handed them to Guan Jiahui, "200 yuan, that should be enough."

"Okay, leave this to me." Guan Jiahui took the banknotes and smiled happily. She should be able to eat some of the money from it.

Guan Jiahui was quite efficient and called a geomancer in the afternoon. However, the Taoist's attire made Luo Qihong feel a little strange and seemed very deliberate.

This thought was fleeting. Luo Qihong didn't care about Feng Shui or anything like that, and he wouldn't ask for the 200 yuan back. He was just pretending.

Just as Luo Qihong expected, the geomancer only asked him to add some potted plants, move the furnishings around, and hang a Bagua mirror on the door frame.

As for how much money was spent, Luo Qihong did not ask at all. Anyway, Guan Jiahui did not ask him for more money.

Saturday, May 12

The bankruptcy auction was held in an auditorium in downtown Kowloon. Many businessmen attended the event in suits and ties. They chatted happily with each other. I wonder if there will be fierce bidding later, as it was so harmonious at this time.

Luo Qihong looked around and seemed to be back in college in his previous life. The auditorium was just as noisy, with businessmen talking in low voices and laughing loudly.

He and Lin Luoqi each had a bidding card. His card said 49, and Lin Luoqi's card said 21.

The two of them also sat separately. It was obvious that Lin Luoqi was worried that others would know that they were in collusion, and he didn't want anyone to know that Luo Qihong was helping him.

Ten minutes later, the auction officially began.

"Ladies and gentlemen, welcome to the auction held by Standard Chartered Bank. Well, let's take out the first lot of today. It is a 420-square-foot shop in Causeway Bay. It has been renovated and you can move in right away. The starting price is 58 yuan, and each bid cannot be less than 1 yuan."

"Many friends are getting restless, so let's start bidding now. Bang!" The hammer fell, and the auctioneer's eyes swept across the auditorium.

The items were good, but unfortunately Luo Qihong didn't have the money to buy them, even though the items at the auction were very cheap.

This wasn’t something on Linloch’s list either.

"59!" A middle-aged man with a big belly and a body shaped a bit like a ball raised the dazzling number 28 sign and shouted out the price in a harsh voice, as if he just wanted to show off.

Finally, this Causeway Bay shop was sold for HK$78, with a price of more than HK$1850 per square foot, which is HK$2100 per square foot cheaper than the market price of HK$250.

“There are still a lot of good things at the auction.” Luo Qihong sighed, but the bidding must be done very well, otherwise it is easy to get carried away.

The 18% shares of Yiren Real Estate Company are the 13th lot, with a starting price of 290 million yuan and each increase of no less than 5 yuan.

This starting price is more than 6% of the market price, which seems reasonable.

Luo Qihong remembered Lin Luoqi's instructions that 'the first bid should be increased by 40 yuan', so he raised the No. 49 sign and shouted "330 million!" This bid attracted the attention of many people. They all thought that Luo Qihong was a fool who did not understand the rules of the auction at all, so some of the wavering people simply chose to give up.

Of course, some people also think that Luo Qihong is just trying to intimidate those who are interested, and they will not be scared.

"331 million!" A flashy young man in overalls raised his sign to bid.

Luo Qihong continued to hold up the sign "350 million!"

The young man was slightly stunned. He thought Luo Qihong would slightly lower the bid price, but it turned out to be so fierce. Is this guy really a fool?
The young man decided to give it another try. After all, the price was still within his acceptable range. "351 million!"

"370 million!" Luo Qihong was a little overwhelmed, especially when he didn't have to spend his own money.

The young man in overalls finally put down his bidding card and glanced at Luo Qihong with some dismay.

In the end, Luo Qihong acquired 370% of the shares of Yiren Real Estate Company for 18 million yuan, saving 107 million yuan compared to the market price.

Lin Luoqi was not very satisfied with the price, but he witnessed the whole process. There was nothing wrong with Luo Qihong's approach, but the result he predicted was a little too ideal.

The next four lots were all bought at relatively low prices, spending a total of 4 million yuan.

Three of the small items were taken away directly by Lin Luoqi, while 18% of the shares of Yiren Real Estate Company and another shop in Yau Tsim Mong District were first transferred to the name of Hehong Real Estate Company. In addition, Luo Qihong and Lin Luoqi signed an agreement, and the check was also taken out by Lin Luoqi.

"Here's 5 yuan as a reward for your hard work." Lin Luoqi handed Luo Qihong a check.

Luo Qihong did not refuse. He knew that this was not only a reward for his hard work, but also a reward for keeping quiet. If he didn't take it, Lin Luoqi would not feel at ease and might even think that Luo Qihong wanted more and looked down on the mere 5000 yuan.

Luo Qihong collected the check and asked Lin Luoqi, "Are you planning to acquire Yiren Real Estate Company?"

Lin Luoqi nodded. This matter could not be concealed, especially since Luo Qihong was involved in it. "Some things in the family have alerted me. I must leave a way out for myself."

Luo Qihong didn't want to expose the fact that he had investigated Yiren Real Estate Company. "Well! Be careful! The company whose shares can be auctioned is probably not a good company."

"I have done a lot of research on this company and have prepared several plans. If you want to make money, you can buy some shares of Yiren Real Estate Company while the current stock price is low." Lin Luoqi said confidently. In fact, he also had a purpose. He hoped that Luo Qihong could get into this trap and perhaps be able to help him in the future.

Luo Qihong understood what Lin Luoqi meant and said ambiguously, "All the funds are now in Hang Lung Company and Yongtai Construction Company. There is no extra money to buy. Let's see when to sell. If we sell now, we may even lose the handling fee."

"Well! I have given you the transfer procedures for Yiren Real Estate Company and the shop. I will come to you next month to transfer these things to my name." Lin Luoqi patted Luo Qihong on the shoulder and said.

"OK! I understand." Luo Qihong smiled slightly, feeling in his heart that family struggles were really intense.

Luo Qihong looked at Lin Luoqi's departing car and suddenly felt that he should learn more about Haofeng Real Estate Company (Lin Luoqi's family company). He had already stepped into the struggle of the Lin family.

If he stopped at this time, it would not attract the attention of the Lin family. However, Luo Qihong was reluctant to give up the benefits brought by Lin Luoqi.

Luo Qihong sighed and said, "Try not to get involved in other things."

From TV dramas in previous lives, we know that members of wealthy families have always been unscrupulous in order to inherit the family business. They may show mercy to their relatives and family members, but they have no habit of showing mercy to outsiders, and may even step on outsiders a few times to vent their anger.

(End of this chapter)