Hong Kong 1980: The Savage Era

Chapter 305 Chapter 306 [Judging the Mid-Year Stock Market Crash]

When Zhang Yuliang was in charge of the Federal Real Estate Company, he always used the strategy of damaging the public interest to benefit himself. He first sold the rights and interests of many properties, and then used the funds to acquire properties from the Zhang family company Jinxing Real Estate, and at a premium, causing the Federal Real Estate Company to be in debt.

In fact, the company that suffered the biggest loss among the Wheelock Properties group was the Real Estate Trust Company. After all, it raised 10 billion yuan during the peak period of the real estate industry, and more than half of it went into Zhang Yuliang's family company.

Of course, when property prices go up, these properties will become valuable assets and become the mainstay of the company's skyrocketing market value.

It seems a bit late to take back these assets now, but since Zhang Zongdao dared to say that he would take back 5% of the assets, Luo Qihong believed that there was no fraud. This was the first time that Zhang Zongdao did something in front of him. If he failed, it would greatly affect his impression and the issue of his future reuse.

"Raising funds through share offering is not feasible. Henderson Land Development will be the first to disapprove. How do you plan to raise the funds? Is it a mortgage loan?" Luo Qihong said with a smile.

All of its subsidiaries have some understanding of the current situation of Wheelock Group.

"It can only be a mortgage loan." Zhang Zongdao was prepared in advance and immediately handed over a report, "These are some properties I want to mortgage. I should be able to raise 6 million yuan."

Luo Qihong flipped through the document and took a quick look. "To what percentage has the company's debt ratio increased?"

"In terms of asset value, it is 54%, and the market value is 63%." Zhang Zongdao glanced at Luo Qihong. "But now the stock market is recovering, and the local market will also recover, and the debt ratio will gradually decrease."

"Why are all the properties in Central?" Luo Qihong put away the report and asked Zhang Zongdao.

Zhang Zongdao replied, "Most of the company's properties are in Central and Mid-Levels, and about 10% are in other areas."

“These properties are carefully selected. It is the responsibility of the think tank to invest the maximum benefit with a certain amount of money.”

"If we increase the debt ratio to between 70% and 75%, how many more properties can we acquire?" Luo Qihong was well aware of the increase in the real estate market this time, and lowering the share price of Federal Realty would also be beneficial to subsequent acquisition battles.

Zhang Zongdao lowered his head and pondered for a while, then said, "I remember that the company holds 40% of the equity of Jinhe Building in Central. Perhaps we can take out a loan to buy it."

"Okay, go back and think about it. If it's too much of a stretch, forget it." Luo Qihong said.

Luo Qihong calculated that if the acquisition was successful, Federal Realty could take back four commercial buildings in Central, one of which was a medium-sized commercial building.

If the market is booming, Federal Realty can increase its market value to 4 billion yuan with these four commercial buildings. Together with the high-end residential buildings and luxury homes in the Mid-Levels, the overall market value will exceed 15 billion yuan.

Time flies, and in the blink of an eye it was early January 85.

After half a month of growth, the Hang Seng Index barely rose to 1 points. The rise began to slow down a lot, far less than the increase in mid-December.

However, the Hang Seng Index has risen by more than 3 points in just half a month, which has satisfied many investors.

A teahouse in Tsim Sha Tsui

Liu Luanxiong and his wife met with Luo Qihong again. The last meeting was about the matters of Aigo Company, and this meeting would be no exception.

"Dudu!" Liu Luanxiong poured a cup of tea for Luo Qihong, and steam rose up.

Luo Qihong asked with a smile, "Mr. Liu and Mrs. Liu invited me out for dinner this time. Is it because of the Aimiko Company's business?"

"Liang Yingwei has gone too far. He even interfered with the new business. We have already divided it up." Bao Yongqin said angrily, "We eliminated his traitor last time, and now he is still making trouble and trying to swallow up the new product business." This statement is very suitable for Bao Yongqin to say, but it cannot come from Liu Luanxiong's mouth.

"Mrs. Liu, Liang Yingwei is the chairman of Aigo Company. The last time we overwhelmed him, it was entirely relying on the resolution of the board of directors. I'm afraid it will be difficult to do so this time, and it will be useless." Luo Qihong took a sip of tea with a serious expression.

"What does Mr. Liu plan to do?" Luo Qihong asked Liu Luanxiong.

Liu Luanxiong pondered for a moment and said, "Luo Sheng, you are right. Liang Yingwei no longer takes you and me seriously. We can join forces to seize his chairmanship, but many people in Aigo are his confidants. If we seize it, we are worried that something unexpected will happen."

"I plan to sell the shares of AMG Corporation and cash out the investment."

Luo Qihong thought for a moment and said, "What does Mr. Liu plan to do in the future? Is it still his old profession?"

"To be honest, it's hard for Liang Yingwei to manage Aigo alone. I plan to invest in securities and stocks for a while and wait for an opportunity to regain control of Aigo."

This is what Liu Luanxiong did in his previous life. Not only did he regain control of Aigo and expel Liang Yingwei, but he also made a profit of nearly 2 million Hong Kong dollars.

"Mr. Liu, do you want to drag me into selling together?" Luo Qihong asked with a smile. Most of Aimego's sales channels are in the hands of Hexiang Trading Company.

"That's what I mean. What does Luo Sheng think?" Liu Luanxiong also wanted to take a gamble, betting that Luo Qihong would help him.

"Okay, anyway, the sales of Aimego's products are not as good as in the previous two years, so I am also ready to withdraw. I originally thought that the new product hosted by Mr. Liu could make a comeback, but now Mr. Liu doesn't want to do it anymore, and Liang Yingwei is unwilling to put in any effort for the new product. I don't think Aimego has any future." Luo Qihong is optimistic about Liu Luanxiong, not Liang Yingwei.

"Okay, thank you, Mr. Luo!" Liu Luanxiong smiled happily, "I will offer you a glass of tea instead of wine."

Bang! !
The teacups made a pleasant porcelain sound.

"Don't worry, Mr. Luo. If I return to Aigo, I will definitely invite you back to be a director." Liu Luanxiong felt that with Luo Qihong's help, big things could be accomplished.

"Mr. Liu, now that the stock market is rebounding, it will be difficult for the share price of Aigo to fall. Do you have any means?" Luo Qihong asked knowingly.

Liu Luanxiong shook his head. "Liang Yingwei has a firm grip on the company. I don't have any tricks. I just looked at the historical data of the stock market and judged that there would be a stock market crash in the middle of the year, so I wanted to take a gamble."

"If that doesn't work, I plan to go back to my old business and enter the securities and stock industry. If nothing else, I have a good chance of getting back the same market share."

"As long as you have a plan, Mr. Liu, I will definitely help you this time." Luo Qihong picked up the teacup and gestured to Liu Luanxiong and Bao Yongqin, "The contract between Aimego and Hexiang Trading is about to expire, so it's a good opportunity to change a supplier."

"Thank you, Mr. Luo!" Liu Luanxiong was even happier. He certainly knew the importance of Hexiang Trading to Aigo Company.

After they parted ways, Bao Yongqin couldn't help but ask, "Why did Luo Sheng trust our judgment? He has an investment company with securities stocks under his control. Does he have similar inferences?"

"It's hard to say! I had the same idea as you, but Luo Sheng later said that he wanted to cut off cooperation with Liang Yingwei, or Luo Sheng has a way to help us regain control of Aigo." Liu Luanxiong thought carefully, "Maybe in Luo Sheng's eyes, we are more valuable than Liang Yingwei and can help him make money."

"Well, no matter which one it is, it is good for us. Liang Yingwei will probably have a hard time." Bao Yongqin said happily.

Luo Qihong's support is a heavyweight in itself, and now it is leaning towards them, the possibility of winning has increased a lot.

(End of this chapter)