Hong Kong 1980: The Savage Era

Chapter 307 Chapter 308 [Take over Huaguang Real Estate]

After Luo Qihong left, he immediately called to inform Liu Luanxiong of the content of the conversation, including the reason. Liu Luanxiong could only express his understanding but was helpless.

Liu Family Villa
Liu Luanxiong hung up the phone with an expression as if he was constipated. Bao Yongqin asked him the reason. After listening to Liu Luanxiong's story, she also fell silent.

After a long while, Bao Yongqin wondered, "Has Luo Sheng given up supporting us?"

"It shouldn't be, otherwise he wouldn't have called to explain in person." Liu Luanxiong shook his head, a hint of joy appeared on his face, and he smiled and said, "Luo Sheng believes in our judgment. It seems that we have to sell it quickly."

"The stock market crashed in the middle of the year?" Bao Yongqin was a little surprised.

"Well, Luo Sheng's De'an Securities Investment Company is very famous in the Hong Kong industry. I heard that before the crash in 82, he withdrew most of his stock market investments and turned to invest in the Japanese stock market, and made a lot of money with a group of local people." Liu Luanxiong continued, "Before the Hang Seng Index rebounded this time, he withdrew his investment in the Japanese stock market again, and now he is making great strides in the Hong Kong stock market."

"Since Luo Sheng is still on our side, Liang Yingwei can't possibly defeat us." Bao Yongqin said with a smile, "Even if we lose, we still have favors with Luo Sheng, so making a comeback won't be a problem."

"Let's sell the stocks first. We expect to get back 2 to 3 million yuan this time." Although Liu Luanxiong cares about Luo Qihong's support, he will still be down-to-earth. After all, it is better to rely on yourself than on others.

This huge sum of 100 million yuan will be his greatest reliance, and the guarantee for his comeback will not be supported by Luo Qihong.

"Then let's ask Dean Securities Investment Company to do it." Bao Yongqin suggested.

"Okay, but we need to wait a little longer until the dividends are distributed." Liu Luanxiong agreed.

一周之后，爱美高公司主席梁英伟宣布，爱美高公司84年盈利1亿2千6百70万元，将会拿出1亿元进行分红。

Such good news caused the share price of Aigo to rise again, breaking through the 2 yuan mark and its market value exceeding 6 million yuan.

After receiving the dividends, Luo Qihong quickly sold his shares in Aigo to Li & Fung Trading Company, making it the third largest shareholder of Aigo and taking over Aigo's product sales business.

Luo Qihong received 1 million yuan in dividends and stock sale funds, which was a huge profit.

Liu Luanxiong also immediately commissioned De'an Company to assist him in selling the shares of Aigo Company. Before the end of January, he obtained 1 million yuan in funds. With dividends, he had more than 2 million yuan in cash flow.

Such a huge amount of funds made Liu Luanxiong start to think, is it too slow to make money in the industrial sector?
No wonder people like Luo Qihong like to set up investment companies, so he began to study the stock market to see how he could stand out.

With the withdrawal of Luo Qihong and Liu Luanxiong from the board of directors of Aigo, the stock price of Aigo has also caused some fluctuations. The stock price has stopped rising and has a downward trend.

"Even an investment expert like Luo Daheng has given up on Amigo. Is there something fishy going on?"

"Maybe it's because Aigo is an industrial stock, and Luo Qihong thinks it doesn't make as much money as real estate stocks or bank stocks."

This is the general idea of ​​investors, which has caused stock prices to fluctuate.

However, this does not have much impact on Leung Ying-wai and Li & Fung Trading Company. They believe that the share price will recover, after all, the stock market is in a good situation.

Before Luo Qihong found Zhao Congyan and Zhao Shizeng, this father and son came first. Their purpose was naturally for Huaguang Real Estate Company.

Although it was just the year 85, there was no sign of recovery in the shipping industry. Instead, the situation in the international shipping industry became even more severe.

Under Luo Qihong's interference, the Zhao family has become more radical than in the previous life. Today, Huaguang Shipping Company has no working capital, not to mention a large amount of debt interest to pay, which puts the family under great financial pressure.

"Mr. Luo, we meet again." Zhao Congyan looked a little tired, but still had the demeanor of a negotiator.

"Mr. Zhao, how are you?" Luo Qihong said with a smile on his face, and did not forget to nod to Zhao Shizeng.

"Not bad." Zhao Congyan replied with a faint smile. After a few pleasantries, the two sides started the conversation.

"Mr. Luo, I think you are also paying close attention to the situation of Huaguang Shipping Company. I urgently need a sum of money to alleviate the debt situation of Huaguang Shipping Company, so I hope you can take over the shares of Huaguang Real Estate Company held by my family." Zhao Congyan did not talk nonsense and went straight to the point.

Of course he was just pretending, and Luo Qihong ignored him.

"Then what price does Mr. Zhao want to sell it at?" Luo Qihong didn't seem to care much, because as long as Zhao Congyan sold those shares, he could smoothly take control of Huaguang Real Estate Company.

"How about a 3% premium?" Zhao Congyan raised three fingers.

Luo Qihong shook his head and said, "Mr. Zhao, we already hold nearly 50% of Huaguang Real Estate's shares. There is no need to buy out your family's shares at a high price."

"Mr. Luo, I know you are a shrewd businessman and should understand how it feels to be constrained by someone on the board of directors. Huaguang Shipping is already in crisis and I don't want to make another enemy, so I think it is most appropriate for Mr. Luo to acquire these shares. Otherwise, I would have sold the shares and received the money long ago." Zhao Congyan said honestly.

"Mr. Zhao is telling the truth. I really hate being constrained by others. However, a 3% premium is impossible. It is too high. Please make another offer." Luo Qihong looked quite ugly.

Zhao Congyan is not Zhao Shizeng. He is capable of doing what he says and his connections in Hong Kong are enough to restrain Luo Qihong, even if his Zhao family leaves Huaguang Real Estate.

Zhao Congyan did not make an offer immediately, but thought for a moment, considering Luo Qihong's bottom line.

"Another 5 points, a 25% premium."

"It's still high. How about a 2% premium?" Luo Qihong continued to bargain.

"Okay, but I have a condition. The cash in the company's account must be distributed as dividends first." Zhao Congyan said experiencedly. This is not much different from a 25% premium, it's just a different way of saying it.

"Mr. Zhao, there is no change in these conditions, right?" Luo Qihong said with a wry smile, "I will help you buy another batch of antiques at a 2% premium. You can redeem the antiques within two years, and I won't charge you any interest. How do you think?"

Zhao Congyan sighed and asked, "How many antiques does Luo Sheng plan to buy?"

"Within 5 million, and the transaction can be done at the highest price. This is some goodwill on my part." Luo Qihong said in a long voice.

"Can I have some more?" Zhao Congyan felt a little embarrassed, as if this would damage his image and face.

"Mr. Zhao, I'm sorry! I don't have much money. You should know that a large amount of my funds are in the stock market. If there is a pullback now, there will be losses." Luo Qihong said in embarrassment.

"Then let's make it 5 million. Luo Sheng, choose a time to come to my villa to take a look at the collection." Zhao Congyan also knew that it was too much to ask. There are not many tycoons who can come up with such a large sum of money nowadays.

"Okay! If Mr. Zhao is in urgent need of money, I can transfer the money for buying antiques to you first." Luo Qihong has already won. He should be graceful and show some goodwill. This is the way to deal with people.

"There's no rush. The bank will still give me some face. Let Mr. Luo choose the things before paying." Zhao Congyan stretched out his hand to block, rejecting Luo Qihong's kindness.

"Mr. Luo, I have some valuable properties. I wonder if you are interested?" Zhao Shizeng decided to donate his personal assets to help the family overcome the difficulties. As long as the family was saved, those assets would not go away.

"Yes, I'll buy it at a 1% premium." Luo Qihong said with a smile.

"Thank you, Mr. Luo!" said Zhao Shizeng.

The Zhao Congyan family began to fall. Although the Huaguang Shipping Company could be saved, the shipping industry did not pick up until the 90s. In addition, its scale had shrunk severely, so it would take a long time to make a comeback.

Moreover, this was an era of great struggle. Zhao Congyan was getting old. Zhao Shizeng had good abilities, but he was not as capable as Zhao Congyan. Eventually, they could only become a second-rate family in Hong Kong, and their assets were far less than during their heyday.

(End of this chapter)