Hong Kong 1980: The Savage Era

Chapter 297 Chapter 298 [It’s time to take action]

As usual, "Miss Hong Kong" became the front-page headline of all major newspapers, and there were many scandals about rich young men hunting for beauties. The sales of entertainment magazines were soaring, and even the new entertainment magazine of Fujia Newspaper had sales of over ten thousand copies, earning Fujia Newspaper Company some profit.

Luo Qihong also saw the strong interest of Hong Kong citizens in entertainment news. No wonder gossip magazines had such a market in the 90s, and such fierce competition broke out, giving birth to many media tycoons.

Of course, this amount of money is nothing to someone like Luo Qihong who made a fortune from the securities market, but he can use it to improve his social status. Unlike Wang Dehui of Chinachem Real Estate Company, who had money but no power, his kidnapping investigation ended in a whimper.

If a wealthy man like Luo Yingshi was kidnapped, the sensation caused would not be enough for the police to inaction. The murderer could even be caught within a week and an explanation could be given to all sectors of society.

Therefore, Luo Qihong needs a certain social status, instead of being like a quail, he needs to make friends with the powerful and deal more with official figures in the later stage.

Gao Huiming was very brave. She called Luo Qihong on the third day and said that she wanted to treat him to a meal to thank him for sending her home.

Luo Qihong declined, saying that he was a little busy recently and it would be difficult for him to find time to have dinner with her.

Gao Huiming did not give up and said that they could meet on Sunday for morning tea or afternoon tea. She seemed to be determined not to give up until Luo Qihong agreed.

Luo Qihong could only make an appointment with her to have lunch with her on the Saturday of the following week.

Dean Securities Investment Company Office

Luo Qihong sat on a wooden chair, boiling water and making tea. The aroma of tea wafted throughout the office.

"Do you really want to buy the Hang Seng Index? This investment can easily result in huge losses, especially in these uncertain times." Bai Jinyan advised.

"The China-UK negotiations are about to end, and the stock market will rebound soon. If I don't increase leverage, it will be easy to blow up my position. I will increase leverage by more than 10 times." Luo Qihong explained while performing tea art.

The Hang Seng Index is still very unstable. A drop of 2 or 3 points is common. If the leverage is increased, you will have to increase your position and incur losses. If you buy the Hang Seng Index with your own funds, it will need to drop by at least 30 points before your position will be liquidated.

This way you will earn less money, but the safety factor is much higher and it is in line with current investment rules.

"Although this is your personal investment, 5 million is too much money. Why not reduce it to 2 million?" Bai Jinyan continued to persuade. She already believed that she and Luo Qihong were inseparable, and even if her personal investment was hit hard, it would be difficult for her to accept it.

"If it's not reduced, it will be 5 million, which is too little and we can't make any money." Luo Qihong said seriously.

Bai Jinyan sensed a hint of anger in Luo Qihong and didn't dare to persuade him anymore.

"Okay, I'll personally monitor the purchases of the Hang Seng Index."

"Then should we invest heavily to buy the bottom of the stock market?" Bai Jinyan asked. The stock market that hit bottom had a profit margin of at least 81 or 82 times the peak value in 1 and 2. She wanted to withdraw most of her investment in the Japanese stock market and invest in the Hong Kong stock market instead.

After all, the Japanese stock market has reached a Nikkei index of more than 1 points. It is unlikely to double again, and there is even a threat of decline after its peak.

"Well, that's about it. Recently, keep an eye on a company called Century City. Don't buy a large number of shares, just a few percent will be enough." Luo Qihong nodded.

"Then should we focus on investing in the Hong Kong stock market?" Bai Jinyan asked cautiously.

Luo Qihong smiled and said, "It's up to you. I just think that jumping back and forth between Hong Kong and Japan is not a long-term strategy. If you think the Hong Kong stock market can bring greater profits, of course you can switch to the Hong Kong stock market."

"After data analysis, we can make twice the profit as long as we can restore the glory days of 82. We won't be able to make money from the Japanese market," Bai Jinyan said with certainty.

罗齐鸿忆起，80年代的日经指数最高可涨到3万8千9百点，几乎还有接近2倍的涨幅，不过需要的时间是4至5年，而香江股市只需要2至3年。

It seems to be a good choice to wait until after the global stock market crash in 87 and then go back to reap the benefits of Japan.

"Okay, then let's withdraw 80% of the investment and invest in the Hong Kong stock market. Once our funds are almost fully invested, we'll notify our clients." Luo Qihong made the decision immediately.

It is already mid-August. In another month, the draft negotiation document will be signed and the stock market will rebound a little. But it will not be a good time to buy at that time.

Bai Jinyan said happily, "Okay, I'll arrange it later."

"How are Nikkatsu Film Company and Nikkatsu Real Estate doing?" Luo Qihong asked quietly. He hadn't asked about these things for two months.

"Nikkatsu Films' income and expenditure have returned to balance, but there is still some distance to go before profitability. Nikkatsu Real Estate has expanded by 40% with the help of theater revenue and fundraising, and its current market value has reached 4 billion yen (about 6 billion Hong Kong dollars)." Bai Jinyan reported.

"Have people like Kudo Ueki and Matsushita Sasuke made any unusual moves?" Luo Qihong decided to find out more details to prevent Bai Jinyan from missing any important information. After all, that was overseas.

"They have already fully understood the spheres of influence allocated to them last year and are now fighting for each other's power, but Kudo Ueki still has the upper hand." Bai Jinyan repeated simply.

"Humph!" Luo Qihong showed disdain on his face and said, "These two devils are really incompetent. They can't beat Kudo Ueki. No wonder the Kudo family has been able to dominate Nikkatsu Film Company for so many years."

Bai Jinyan holds a different view. "The Matsushita and Shuxia families are both emerging families. The Kudo family has been established for decades. Its foundation is not comparable to that of the Matsushita and Shuxia families. If we put in some effort, these two families will definitely gain the upper hand."

Luo Qihong shook his head. "Both families will turn against their masters. It's not worthwhile to spend so much manpower and resources to help them. Besides, our original goal was only to control Nikkatsu Real Estate, not the declining Nikkatsu Film Company."

"That's true." Bai Jinyan recalled something and reported, "The real estate companies founded by tycoons like Li Jiacheng are very successful in Japan. They have accumulated more than 6 million square feet of land, which can be used to build residential buildings with a floor area of ​​3 million square feet."

"Many local Japanese real estate developers are wary of this real estate company and are planning to unite to deal with it, so the real estate company has stopped expanding and is developing its own land."

Luo Qihong smiled and said, "This is Li Jiacheng's style. He pretends to be serious in Hong Kong, but his true nature is revealed in other places."

"The Japanese are also incompetent. They can't even suppress this dragon that crossed the river. Since the yen has appreciated, they have been showing off their power everywhere, but they have ignored their own territory. It's really strange."

"The Japanese are promoting in their country that they will adopt the strategy of economic export and then occupy other countries. This may be true, otherwise they would not ignore their own market." Bai Jinyan reminded.

"This nation is really capable of learning. This trick was probably learned from the Jews. However, those who copy others never have a good ending." Luo Qihong judged this strategy based on his memories of his previous life.

I talked with Bai Jinyan for a long time, until a little after lunch time. Fortunately, both of us are senior executives of the company and are not restricted by the company's system, otherwise we would have gone hungry.

A private room at Prince Hotel in Tsim Sha Tsui

Lin Yunxue hosted Luo Qihong for a private banquet here, and it seemed that she had something important to discuss. However, with only the two of them, the atmosphere was a little unusual, with an ambiguous feel.

"Mr. Luo, I'll toast to you! Thank you for not telling my story to my third brother and the others!" Lin Yunxue drank a glass of white wine and coughed a few times.

This also demonstrated Lin Yunxue's sincerity, which made Luo Qihong look at her with a higher regard.

Luo Qihong took a sip of the white wine and said with a smile, "Ms. Lin, you are too polite! This is your family's private matter. It is not my turn to say anything, and I won't say anything."

"However, Miss Lin, you still have to be careful. Hong Kong is very small. If you are encountered by someone with ulterior motives, it will be difficult to ensure that the matter will not be leaked. Then it will be difficult for you to do anything."

Lin Yunxue pondered and said, "To be honest, I don't plan to keep it a secret for too long, but it's not appropriate to disclose it now. It will be disadvantageous to me."

Luo Qihong asked in surprise, "Miss Lin, are you planning to learn from your three brothers?"

Lin Yunxue shook her head. "I won't learn from them. I just want to do something good with my own real talents and knowledge. In fact, I have already predicted that I will leave Haofeng Real Estate Company."

Luo Qihong took a deep look at the woman in front of him and guessed that Lin Yunxue wanted to make a fortune and leave, then start a new business. She seemed to be learning from Lin Luoqi to some extent.

"If you leave Haofeng Real Estate Company, your dad will be very sad." Luo Qihong said insincerely.

Lin Yunxue glanced at Luo Qihong and said, "There's nothing I can do! Luo Sheng knows that there are some things that my dad can't decide. To put it bluntly, I'm alone and can't deal with anyone."

"So Miss Lin wants me to help you?" Luo Qihong asked with a smile.

Lin Yunxue thought for a moment and said, "Yes and no. I do want to ask Luo Sheng for help, but not the help that Luo Sheng imagines. I won't fight for any family property. I just want to start a company of my own." "Ms. Lin, do you want to be kicked out by your family, rather than leaving on your own, so that it would be natural for you to start your own company?" Luo Qihong asked.

Lin Yunxue nodded and asked, "Is Luo Sheng interested in investing?"

This is not really an investment, it's just an attempt to use his fame to expand the customer market.

This woman is really brave. She is not afraid of letting a wolf into the house.

"If you want to invest in stocks and securities, I already have De'an Securities Investment Company, so there is no need to invest in a new company." Luo Qihong seemed to be politely refusing.

"Mr. Luo, Dean Securities Investment Company is just a company. The business it can do is limited. There are new companies that can help Mr. Luo do some things that are inconvenient to do." Lin Yunxue said quite bluntly.

"Oh? Then what can Miss Lin do to help me? I don't do shady business." Luo Qihong said jokingly.

Lin Yunxue smiled and said, "Luo Sheng should know what can be done. There is no need to say 'drawing dolls on the wall' (too straightforward). I can guarantee that Luo Sheng can get at least 50% annual profit rate and get back the investment within 2 years."

"Ms. Lin is very confident, but the profit here still cannot impress me. The first reason is that my investment is limited and Miss Lin will not work for me. The second reason is that Miss Lin may get more from me." Luo Qihong said with a smile.

In other words, Lin Yunxue did not have enough capital and was completely getting something for nothing.

"Mr. Luo, investment has always been like this. You only need to pay some capital to get high returns. Do you really suffer a loss?" Lin Yunxue gritted her teeth and said sharply.

"Then I'll go back and think about it. It's still a little early." Luo Qihong chose to put the matter aside and let Lin Yunxue worry for a while. This would be more beneficial to him.

"Actually, based on my understanding of your third brother, he won't get involved in these things much, but Aunt Xu won't either. She may join forces with Lin Luoxun." Luo Qihong said with a smile.

Lin Yunxue's mood suddenly became depressed. "I know! Others may not notice me, nor pay much attention to me, but Xu Jiawen will."

"I'm glad you know!" Luo Qihong suppressed his smile. He really enjoyed watching the 'Great Fight among the Six Kingdoms' of Lin Zuhui's family.

"Yeah!" Lin Yunxue also noticed Luo Qihong's malice towards the Lin family, and recalled Lin Zuhui's explanation.

"Actually, I still admire you very much. There is a difference between having ability and having help." Luo Qihong continued to provoke Lin Yunxue's emotions.

The two continued to fight, and most of the time it was Luo Qihong who guided Lin Yunxue.

In September, the weather was still hot, and the herbal tea in Hong Kong was selling exceptionally well. Some people even drank herbal tea every day without worrying about feeling weak.

Gao Huiming finally made an appointment with Luo Qihong. Since Gao Huiming's family was ordinary, they could only book a small restaurant for dinner.

"I heard that you made it to the finals. Do you have the confidence to win the championship?" Luo Qihong asked sincerely.

Gao Huiming pursed her lips and shook her head, "It's great to be in the top 8. I definitely won't be in the top 3, let alone the championship."

The champion's prize includes 10 yuan in cash, a car worth 10 yuan and a trip across Europe. This prize was already very generous in 84 and was also one of the goals of these beauties.

The top three have a recommendation, namely the qualification for the Miss World beauty pageant, Miss Asia.
As for the contestants in other places, they got nothing, not even a consolation prize, only some empty titles that might help them enter the entertainment industry.

"What are your plans after the competition? Become an actor?" Luo Qihong asked.

Gao Huiming thought about it and responded, "Maybe, but it's also difficult, mainly because there are no channels."

"No channels? Miss Gao, don't forget, I own a film company and I also have a newspaper. Maybe I can help you, Miss Gao." Luo Qihong knew very well that picking up girls requires spending money, especially with such a careless woman.

"Mr. Luo, are you willing to help me?" Gao Huiming looked at Luo Qihong seriously and asked.

This woman has her own way.

Luo Qihong muttered to himself, but smiled on the surface, "Of course, but it's impossible to be the protagonist. I can still strive for some important supporting roles."

As for how important the role is, it depends on how hard Gao Huiming works.

"Thank you, Mr. Luo!" Gao Huiming tactfully hugged Luo Qihong's arm.

Luo Qihong joked, "Miss Gao, it would be bad if your boyfriend saw this."

"I haven't had a boyfriend yet." Gao Huiming said shyly.

"I'll arrange for you to join the crew after the competition is over." Luo Qihong took the opportunity to touch Gao Huiming's little hand.

The two went to the hotel that night. If Gao Huiming hadn't been in a hurry to go home, Luo Qihong would have been able to sleep with the beauty in his arms.

But he was also very happy because he got the first blood.

Office of the Chairman of Wheelock & Company

After a series of ship reduction actions by Luo Qihong, the Wheelock Group companies completed a major downsizing, with asset value dropping sharply and market value falling to HK$20 billion.

However, Wheelock Company escaped the bankruptcy crisis, resumed normal operations, and its debt was reduced to HK$11 billion.

As long as the market recovers, it will not be a problem for the market value to increase to 30 billion yuan, but it will take a relatively long time to restore the market value of its heyday.

"Once the market recovers, I plan to have Zheng Luo Company reduce its stake in Wheelock and invest the recovered funds in new projects of the Wan Chai Trade Development Council. What do you think, Ah Hong?" Cheng Yu-tung said, leaning back in his chair.

"Okay, let's do as you say, Uncle Tong." Luo Qihong said, "Have you reached an agreement with the Trade Development Bureau?"

"It's almost done. We've invested 18 billion yuan, and we'll be responsible for management and operation after it's completed," Cheng Yu-tung said. "The Trade Development Council will take the convention and exhibition center, and the rest of the land will belong to us. I plan to build two five-star hotels, a commercial building, and a luxury apartment."

"Is the apartment for rent or for sale?" Luo Qihong asked.

"Sell it, but this apartment is a hotel-style building and the subsidiary company will provide related services," said Cheng Yu-tung.

“Uncle Tung, if the Convention and Exhibition Centre is completed, I think it will be as good as the New World Centre in Tsim Sha Tsui. New World Development Company will have another representative work,” Luo Qihong boasted.

Cheng Yutong laughed and said, "I hope so. I plan to let Ah Chun take charge of this project."

"Brother Chun has been learning from you for so long, a project like this will definitely be easy for him." Luo Qihong praised.

"That's hard to say. Whether it's real gold or copper, we can only know by testing it with fire." Cheng Yutong said modestly.

After dwelling on this topic for a while, Luo Qihong finally got the topic back on track, "Uncle Tong, I think the local market is about to pick up. Should the Real Estate Trust Company and Federal Real Estate Company take the initiative to attack?"

Cheng Yutong thought seriously for a while and said, "The debts of these two companies are not high, but the problems of the parent company are still very big. Can you confirm that the local market will pick up?"

"If there had been a misjudgment like this time last year, these two companies would have been in trouble."

"Uncle Tong, my company has already bought a lot of stocks, and I have been watching the local market for a long time. The chances of recovery are very high." Luo Qihong said, "If the two companies can seize the opportunity, it will be of great benefit to Wheelock."

"In that case, let's do as you say." Cheng Yutong still trusted Luo Qihong, but the impact of failure was too great, and he couldn't afford to be careless.

Of course, Luo Qihong also understood Cheng Yutong's thoughts.

(End of this chapter)