Hong Kong 1980: The Savage Era

Chapter 270 [Arrangement]

Cheng Yutong is also an old fox. He has cooperated with Li Jiacheng, such as investing in Japan. However, in the face of absolute interests, Li Jiacheng is still not good enough.

The market value of Wheelock Group is tens of billions of Hong Kong dollars. Once New World Development swallows up most of Wheelock Group, it will immediately become one of the four largest Chinese companies in Hong Kong, and one of the top ones, much larger than Wharf Group and Sun Hung Kai Properties.

Luo Qihong stood in the front and took most of the notoriety for Cheng Yutong. He also assumed at least half of the acquisition risk for him. This was such a rare opportunity.

"It's indeed a bit inappropriate." Luo Qihong nodded heavily. "It's better to stimulate the Land Company and let Li Zhaoji and Li Jiacheng fight. Let me handle this matter. It's not good for you to come forward, Uncle Tong."

Cheng Yutong still had a serious expression. After a moment, he reminded, "Be careful not to get too excited. Wheelock should be coveted by many financial groups. They are just watching like us, trying to find an opportunity to enter."

"I know! I will be cautious about this matter. I will first contact Bank of America and its financial company to be responsible for this acquisition." Luo Qihong nodded.

Not long after, Zheng Jiachun walked in slowly, holding a document in his hand and a happy smile on his face.

"Ah Hong, why are you here?" Zheng Jiachun asked in surprise.

Luo Qihong smiled and said, "Brother Chun, I came to talk to Uncle Tong about something."

Zheng Jiachun is still a good boy now, even though he is pretending. Luo Qihong knows how crazy the guy in front of him will be in the future, especially after Uncle Tung passed away. Zheng Jiachun expanded almost crazily, and his son also inherited Zheng Jiachun's crazy genes, causing New World Development to repeat the mistakes of the Hong Kong Land Development.

In fact, Zheng Jiachun envied Luo Qihong very much and admired Luo Qihong's acquisition ability. He also wanted to make acquisitions, but unfortunately he had not yet really taken power. He could only endure it and be a good boy.

"Dad, this is the project of the Trade Development Council." Zheng Jiachun handed the information to Zheng Yutong in person and sat down next to Luo Qihong.

Hearing this, Luo Qihong smiled and said, "It's the development project of the Wan Chai Trade Development Council, right? It's a good thing. How much is Uncle Tong going to spend? It won't affect our project, right?"

Luo Qihong knew that this project was hailed as one of the five most outstanding buildings in Hong Kong in the 80s in his previous life. It brought great profits and prestige to the New World Development Company and had an investment of more than HK$5 billion.

"We are still evaluating and there is no specific price yet. What? Are you interested in getting involved?" Cheng Yutong joked. He was not afraid of competition from Luo Qihong because he knew Luo Qihong well.

Luo Qihong shook his head. "It would be a lie to say I don't want to, but unfortunately I don't have that much money. I should focus on the things at hand. I can't bite off more than I can chew."

Cheng Yutong laughed, "People in the market say that you are a very greedy person. They don't know that you are actually very rational. Faced with such a great temptation, you refused without even thinking about it."

Luo Qihong responded, "It doesn't matter what they think of me. Losing my mind will make me bankrupt, so I have always been bold, careful and thick-skinned."

"Isn't this the way to pick up girls?" Zheng Jiachun interjected.

"Hahaha!! Brother Chun, I think doing business is the same as picking up girls. If you meet a great girl, you might be 'pecked in the eyes'." Luo Qihong said.

"Ah Hong, the project of the Development and Trade Bureau will not be decided so quickly. Maybe after the acquisition, I will keep a 2% share for you. It will cost about 4 to 5 million. You just need to prepare it slowly." Cheng Yutong always does things by giving back.

"If that's the case, then I have to thank Uncle Tong very much. I'll treat you next time we have fun." Seeing that Cheng Yutong had made such a concession, Luo Qihong didn't hesitate and accepted it directly.

After leaving New World Development Company, Luo Qihong went straight to De'an Company.

As soon as he entered the company's door, he heard Bai Jinyan scolding the employees in a very harsh tone.

".Do you know that this project is very important? The funds involved are more than 5 million. If it can be doubled, it will be one of the company's most profitable projects."

Luo Qihong stopped and watched for a while. Bai Jinyan then noticed him and stopped scolding him.

Bai Jinyan still wanted to leave a good impression on Luo Qihong. After all, the position of Mrs. Luo was her ultimate goal.

She believed that with a powerful weapon like De'an Company in her hands, and with that identity, she would have a place in Hong Kong, where there were many evil people, and those tycoons would pay attention to her.

She is not a vase like Guan Jiahui. She claims to be an elite figure at the highest level in Hong Kong. She can achieve financial freedom by relying on her own abilities. To some extent, Luo Qihong is also her stepping stone and springboard.

Seeing the tense atmosphere, Luo Qihong said with a smile, "Give me one more chance. Everyone makes mistakes sometimes. Just don't make the same mistake again next time."

"Don't do it again!" Bai Jinyan sighed and gave the female employee a stern warning.

"Thank you, Mr. Luo, and thank you, Miss Bai!" The pale-faced female employee hurriedly went to work with the documents in her arms, not daring to stay for even a moment for fear of being scolded again.

The two of them entered the office together, and the staff in the office area began to discuss in low voices.

"Luo Sheng has a good temper and always smiles at everyone." A baby-faced female employee sighed.

The company is managed by Bai Jinyan, and Luo Qihong only comes occasionally to make his presence felt. He is still quite mysterious to ordinary employees, so they prefer Luo Qihong in comparison.

"Mr. Luo has a good temper, but don't have any unreasonable expectations, otherwise Miss Bai will make you regret it." Another female employee smiled slyly and teased her colleague.

"Hmph! If Luo Sheng likes her, Miss Bai won't dare to do anything to me. I'm most afraid of one-sided wish." The female employee pursed her lips and laughed at herself.

"Do you think Mr. Luo knows that Miss Bai wants to be Mrs. Luo?"

The sly female employee sneered, "Luo Sheng's business is so big that even we know about it. How could he not know about it? He just didn't respond."

"I heard that Miss Bai and Luo Sheng's family are old friends. Maybe Miss Bai can really become Mrs. Luo."

in the office
Luo Qihong invited Bai Jinyan to sit down, glanced at the remaining excitement on Bai Jinyan's cheeks, and said with a smile, "In the future, don't hand over those important projects to employees with weak abilities. If you don't have enough manpower, you can continue to recruit."

"The company must be expanded. Our goal is to be as large as Sun Hung Kai Securities. I am counting on Dean's Company to generate tens of billions of yuan in profits for me."

"Well, I will recruit enough people as soon as possible and will not let something like this happen again." Bai Jinyan promised. That female employee really embarrassed her.

"It's good that you know." Luo Qihong changed the subject and said, "You should immediately raise some funds and buy Hutchison Whampoa's shares with all your strength. This is a short-term investment of 3 to 4 months."

Bai Jinyan thought for a moment and asked, "Is it the dividend from Hutchison Whampoa?" Luo Qihong smiled and nodded, "It's a lot more than last year. I hold 10%, so at least 6 million in dividends. Plus the rise in stock prices, the profit will not be less than 1 million."

Bai Jinyan knew that Luo Qihong was very good at collecting information and had strong analytical skills, so some short-term investments were no worse than ordinary long-term investments, and sometimes the profits were even higher than long-term investments.

"I will try to acquire 15% and increase the profit by 50%." Bai Jinyan said.

"Try your best not to cause too much shock. Although Cheung Kong Holdings holds more than 40% of Hutchison Whampoa's shares and is not worried about challenges from anyone, I don't want Li Jiacheng to notice me," said Luo Qihong.

Bai Jinyan was a little puzzled. Luo Qihong had never been afraid to challenge those famous tycoons. Why did he have to consider Li Jiacheng's feelings this time?

Seeing this, Luo Qihong explained, "We need to resolve the Hutchison Whampoa issue quickly, transfer the profits to the Electric Light Company's investment, and then transfer the total profits to Wheelock, which can maximize our interests."

It seems simple, with one thing connecting to another, but in fact, it is easy for unexpected situations to occur.

Li Jiacheng is the most thoughtful and patient tycoon in Hong Kong. He would not allow himself to be manipulated by a little fox like Luo Qihong. Problems would easily arise in the second link.

"What if the plan goes wrong? Should we call on funds from Japan?" Bai Jinyan asked. The Japanese market is too far away, and some preparations must be made in advance, otherwise it will easily delay important matters.

Luo Qihong touched his chin and fell into deep thought. He had already begun to cash out all his investments in the US market and had also started to recover funds, about 1 million US dollars, which could be converted into 5 billion Hong Kong dollars.

With the help of New World Development Company and bank loans, it would not be a big problem to deal with the acquisition of Wheelock Group.

"Be prepared to cash out 2% of your investment." Luo Qihong finally adopted the bottom-line plan.

Bai Jinyan agreed. This was much less than the expected cash amount. Of course, this would also increase her personal assets, as that was Wheelock & Company, one of the four major trading companies.

After discussing these matters, Bai Jinyan turned the topic to investment projects in Japan. "The Japanese market has attracted a lot of foreign capital. Today's Nikkei index has been pushed to a peak. The Japanese are also taking advantage of the appreciation of the yen to leave on a large scale and buy things in countries around the world. This may pose some hidden dangers."

What Bai Jinyan is worried about is that the madness will cause an economic crisis. This is the case with Hong Kong's stock market and local market. It can be said that the current Hong Kong crisis is partly due to the previous madness.

"Your worry is normal and will happen, but now is not the time. Let's focus on making money." Luo Qihong smiled slightly, "Hong Kong's crisis is about to pass. What do you think we should do?"

Bai Jinyan was suddenly in a dilemma. The Japanese market was desperately trying to make money, and the profits in Hong Kong should not be low either. It didn't seem cost-effective to withdraw funds.

"What do you mean? How about borrowing money from the bank?"

Oh my goodness! It’s the same old trick of borrowing chickens to lay eggs.

"Borrowing money to invest in stocks is only suitable for large-scale acquisitions, not for long-term stock investment. The interest can eat up most of the profits, which is not cost-effective for us. The risk is not proportional to the profit." Luo Qihong waved his hand to reject this suggestion.

"But investing in the Japanese stock market should not earn less than the Hong Kong stock market. It is a good decision to gain one while sacrificing the other." Bai Jin said weakly. She was afraid that Luo Qihong would reduce the investment funds in Japan.

Luo Qihong thought for a moment and said, "Then we can only raise more funds from the Electric Light Company. It should be a huge acquisition."

"Will getting too many stocks cause adverse reactions? Will someone withdraw?" Bai Jinyan asked worriedly. She was still unfamiliar with the acquisition business.

If Luo Qihong replaced Li Zhaoji or Li Jiacheng, it would certainly not be a good thing, because he might not be able to take over the electric light company, and it would be easy for him to die.

"Of course it's possible! But we have no way out. We can only take a chance. If we win, our funds will be more abundant than ever before. If we lose, we can still make a profit. It's just a little more troublesome." Luo Qihong pondered and said, "I don't believe that Li Zhaoji and Li Jiacheng will give up such a high-quality company. If we lose the opportunity, there will be no next time."

In his previous life, Li Jiacheng accumulated a huge fortune through the electric light company and contributed an unknown amount of funds to his energy empire.

People who work in real estate companies are well aware of the dangers of the real estate industry. They must always maintain a sense of crisis, prepare for crises when times are booming, and make plans for bargain hunting and prosperity when times are critical.

Real estate cannot prosper forever and will dry up sooner or later, so it is necessary to continuously enter other industries to diversify business risks.

In fact, Chen Songqing did not make many mistakes in the management strategy of Jianing Company. The only flaw was that he did not clear the debts in time, allowing the hurricane of the big negotiations to destroy the empire.

This is also the result of the timing running out.

So, Bai Jinyan began to mobilize a large amount of funds, and the moves were very large, which made some people who were paying attention to De'an Company very curious. They all wanted to find out what big moves De'an Company was making.

Bai Jinyan is a veteran in the securities and stock markets. She has always handled such big cases personally and would not delegate the task to others, so it is difficult for those who are interested to obtain any useful information.

Waymon Investments
Swish, swish, swish! !

There was a sound of flipping papers, somewhat hurriedly.

"With such a big fuss, what exactly does Luo Qihong want to do? Is he going to increase investment in the Japanese market?" Gao Kaiquan has been relatively free recently, and the tycoons seldom ask them to do anything.

The reason is simple. The stock market is already half paralyzed. If there is any big movement, it will easily attract the attention of the Securities and Futures Commission.

Zhong Wei shook his head and said, "We have not detected a large amount of funds from De'an Company flowing to Japan. It should still be in Hong Kong. I guess the investment is in Hong Kong."

"It is now the later stage of the disaster, and it is very likely part of a bottom-fishing operation. Large sums of money must be invested some time in advance, otherwise it will cause major shocks."

Gao Kaiquan glanced at Zhong Wei. How could he not know this? There was no need for Zhong Wei to explain.

He pondered again, wondering if it was time to do his own thing.

"Let's not move for now. Let's wait until we understand Luo Qihong's intentions before following him." Gao Kaiquan had tasted the sweetness of following Luo Qihong, so how could he give up?

"Yes!" Zhong Wei responded, and no one knew what he was thinking.

(End of this chapter)