Hong Kong 1980: The Savage Era

Chapter 277 278 [I can't scare you to death]

Luo Qihong smiled and said, "The auction of small items is also an auction. The principle is the same. It all depends on whether the item is worth it. There is an upper limit to the price. The taboo in auctions is to get carried away and be led by others."

Before he finished speaking, a middle-aged man with a big belly and double chin came over, smiled very flatteringly, and said, "Hello, Mr. Luo! I am Liang Tianqi, the general manager of Jianyang Real Estate Company. This is my business card."

Luo Qihong was a little unhappy about being disturbed by others. He just glanced at Liang Tianqi and did not reach out to take the business card.

"Mr. Liang, I'm chatting with my family and don't want to be disturbed. I hope you can understand." Luo Qihong straightened his suit and said impolitely.

This kind of person simply wants to take advantage of the opportunity to establish a relationship with Luo Qihong. His purpose is too strong and will only cause other people's disgust.

Liang Tianqi didn't feel embarrassed. He smiled and put the business card on the armrest, then said "sorry" and left.

Luo Qihong looked at Liang Tianqi's back and said quietly, "There are many people like this in Hong Kong. They try to build up various interpersonal relationships but forget to do their own business well. In fact, as long as you do your own business well, you will always have a chance to succeed. This is better than finding any relationship."

Luo Qixing nodded but didn't respond. Chen Yusan said, "There are indeed many such people in Hong Kong, but they are sometimes useful."

Luo Qihong took a look at the business card and then dropped it to the ground. When he wanted to reply, the host's voice was heard on the stage, so he did not continue.

The first lot to be auctioned was a small shop of 4 square feet near Taikoo Shing. The starting price was 27 yuan, and each bid was no less than 1 yuan.

Luo Qihong had no interest in this kind of small property, but Luo Qixing and Chen Yusan showed great interest in the small shop and were confident that they could get it.

Luo Qixing was a little nervous, hesitantly raised the sign and shouted "28 yuan!"

Seeing this, Liang Tianqi also raised his placard and bid, "30!"

Luo Qihong saw Luo Qixing struggling, and smiled to explain, "Taikoo Shing is considered a prosperous area in Hong Kong Island. During its peak in 81, such a small shop was worth hundreds of thousands. When the market warms up, it will definitely exceed the price in 81. It is still worth bidding within 40."

With a younger brother, Luo Qixing became bolder, but he was also as ferocious as a tiger.

"40 yuan!" Luo Qixing stood up and shouted the price excitedly.

"." Luo Qihong was speechless. This is amazing. He directly threw out the lowest price. Is he trying to scare others?

Chen Yusan, who slept in the same bed with him, was also stunned. She was also enlightened today.

This kind of bidding also frightened Liang Tianqi, but it only lasted half a minute.

"41!" Liang Tianqi immediately raised the sign with a smile and looked over unconsciously in a provocative manner.

Luo Qihong knew that Liang Tianqi wanted to take the opportunity to increase his presence, and he was also certain that Liang Tianqi would not care, and even wanted to use this method to build relationships.

Luo Qixing looked at Luo Qihong, only to see Luo Qihong shaking his head, indicating that he could not bid any further.

The advantage of a bankruptcy auction is that the price is low. Now that it has exceeded the current market price, further bidding will only make it cheaper for the banks, which is also the kind of thing I just mentioned.

So, Liang Tianqi bought a 41-square-foot shop in Taikoo Shing for 4 yuan.

The second item was a Mercedes-Benz car, worth 5 yuan, but it started with a starting price of 3 yuan. However, there were only a few bidders, and it was sold at the starting price.

The third lot is another property, a shop located in Rainbow Shopping Center in Tsim Sha Tsui, with an area of ​​620 square feet. The starting price is 46.5 yuan, with an average price of 750 yuan per square foot. The price is not very low. However, the location is very good. It is the second commercial center of Hong Kong. Once the local market recovers, the property in this place will rise very fast. It is a good investment project.

So, as soon as the auction hammer fell, fierce competition broke out. Of course, these people also had their own reserve prices.

Luo Qixing started to break taboos again. Seeing his peers competing eagerly, he followed suit without hesitation, adhering to the principle that "things that are snatched away by others are good things."

"50 yuan!" Luo Qixing shouted the price anxiously, seeming to be worried that the auctioneer's hammer would fall without warning.

Luo Qihong sighed and didn't want to say anything. If you didn't know, you would think that Luo Qihong was angry with him and was deliberately against him.

After thinking about it, he decided that letting Luo Qixing suffer a little loss might lead to a change of heart and a lesson.

Fortunately, Chen Yusan was nearby and stopped Luo Qixing in time, otherwise Luo Qixing would have dared to bid 90 yuan for the shop, directly doubling the auction price.

You should know that at the government land auction, land that is 5% higher than the auction price is very high-quality land, such as the land of Dongchang Building in Central. What's more, it is a recession now, so an increase of 3% to 4% is already amazing.

Until the end of the auction, Luo Qixing and his wife barely managed to buy two properties, one was a shop in a slightly remote area of ​​Sheung Wan, and the other was a dilapidated shopping mall in the city of Kowloon, with a total value of about 2 yuan.

When he returned to the Deep Water Bay villa in the evening, Luo Qixing was still not very happy and was a little upset about the auction in the afternoon.

Luo Qihong didn't know what to say. He had already reminded Luo Qixing before the filming, but this guy didn't listen and kept making mistakes.

There is no point in saying anything more at this point.

Although these two properties are not in very good condition, they still have some value. By 86 or 87, it would not be a problem to double their value.

The next day, the shareholders meeting of Paliburg Investments
After so many days of advertising war, the situation has become quite chaotic. Many shareholders are wavering, and no one knows what the outcome will be until the moment of voting.

Wei Li sat on the podium in the conference room, Luo Qihong and Luo Xurui sat on either side of Wei Li, kind of like the left and right protectors.

Due to the large number of people, the environment became a bit noisy, with discussions coming one after another and never ending.

"Dear shareholders, please be quiet! Today is a shareholders' meeting, not a shopping trip." Wei Li's mouth was facing the microphone, his eyes were fixed on dozens of small shareholders in the audience, and his face was not very good. "I am Wei Li, the chairman of Palibao Investment Company. I will preside over this shareholders' meeting. The main topic is whether to help the parent company, Regal Hotel, to solve its debts?"

"Many newspapers are saying that I put my personal interests above the interests of the company. This is of course not true. The debt of Regal Hotel is indeed high, but the assets are also very high-quality. If Palibao Investment Company rescues Regal Hotel now, it will become a real estate listed company with a market value of more than 1 billion yuan."

Wei Li was speaking eloquently on the stage, but people in the audience were still whispering and discussing his words in low voices.

It can be said that these small shareholders do not trust anyone but their own negotiations, and they cannot discern the purposes and interests of those people.

At Wei Li's signal, Luo Qihong began to speak. "Hello everyone! I am Luo Qihong, the chairman of Zhaoan Real Estate Company. I am also a shareholder and director of Regal Hotel and Palibao Investment Company."

"The hotels owned by Regal Hotels in the airport and Tsim Sha Tsui East area are worth hundreds of millions. If we buy them now at a low price, we will definitely make a lot of money when the city becomes prosperous. It won't be a problem to double the money."

"I have already talked to Mr. Weir. If this resolution is not passed, the shares of Palibao Investments held by Mr. Weir and Mr. Luo Xurui and the shares of Palibao Investments held by Regal Hotels will be transferred to me. The funds obtained will be used to pay off the debts of Regal Hotels, and I will privatize Palibao Investments."

(End of this chapter)