Hong Kong 1980: The Savage Era

Chapter 316 Chapter 317 [The market is hyped up again]

"Haha!! Of course I believe what Mr. Luo said. I just don't understand why Mr. Luo only chose Guangsheng Bank when there are so many good companies in Hong Kong?" Feng Wanju certainly didn't believe Luo Qihong's excuse.

This was the case with Huaguang Real Estate Company. It was an investment project at first, but later it became an acquisition. Although there were reasons within the Zhao Congyan family itself in this process, Luo Qihong's methods were not very visible, which made Feng Wanju very worried that he was "letting a wolf into the house."

"Isn't it that no one invited me to join?" Luo Qihong poured a glass of red wine. "Mr. Feng is worried that I will acquire Guangsheng Bank. I can't guarantee whether I will acquire it or not, but I am not interested in Guangsheng Bank for the time being. I haven't digested Huaguang Real Estate Company and Legu Real Estate yet."

"What do you think of this explanation, Mr. Feng?"

Seeing Feng Wanju's face darken, Luo Qihong smiled and said, "To be honest, Mr. Feng doesn't believe it. If you say something harsh, Mr. Feng will get angry. What should I say? What will Mr. Li say?"

Facing Luo Qihong's fiery gaze, Li Jiacheng couldn't understand Luo Qihong's thoughts, but Luo Qihong, whose power could not be underestimated, could not be easily offended.

"I understand what Mr. Luo means. Does it mean that if Mr. Feng doesn't invite you to make the acquisition, Mr. Luo won't make the move?"

Luo Qihong knew that it was not a good idea to force him any further, as he might end up falling out, so he decided to leave some wiggle room for both parties. He nodded and said, "Mr. Feng's concerns probably stem from the acquisition of Huaguang Real Estate Company. I won't go into the details. Even though I later held nearly 50% of the shares, didn't I still fail to seize control of the Zhao Congyan family?"

Feng Wanju nodded unconsciously when he heard this. After all, the final acquisition was still the result of the Zhao Congyan family's willingness, otherwise Luo Qihong would not have been able to control Huaguang Real Estate Company.

"I was too concerned and confused, and I misunderstood Luo Sheng. Please forgive me."

After Feng Wanju figured it out, he was also worried that Luo Qihong would break up with him and give him an excuse to launch a takeover, so he apologized against his will.

Seeing this, Li Jiacheng tried to smooth things over by saying, "Mr. Feng might as well introduce Mr. Luo to the board of directors. Then everyone will have the opportunity to cooperate in the future. Anyway, the matter has been made clear."

Li Jiacheng's purpose is very simple, to overwhelm Luo Qihong with public opinion. Feng Wanju has so generously invited you to join the board of directors. If you still insist on acquiring Guangsheng Bank, isn't it a bit against human nature?

Of course, it is also possible that Luo Qihong will not care about these and will force his way through, but can it be worse than the current situation?

Feng Wanju understood what Li Jiacheng meant, but he was still worried about letting a wolf into the house.

"Don't force it. Without Mr. Feng's permission, I will not acquire Guangsheng Bank. But I also hope that if Mr. Feng sells Guangsheng Bank, he can give me a chance to participate." Luo Qihong said leaving room for maneuver.

Feng Wanju agreed, and the misunderstanding was slightly resolved.

After Luo Qihong left, Feng Wanju hesitated again and again, and said to Li Jiacheng, "Mr. Li, I understand what you meant just now, but Luo Qihong is really difficult to deal with. It is not a wise choice for him to join the board of directors."

Li Jiaben shouldn't say anything, but considering the future cooperation, he still said, "I have dealt with Luo Qihong a lot. He seems to be very domineering, but in fact he is very flexible. People like Baochuan Wang and Zheng Yutong have gained a lot from him, but he never holds back on his enemies, so I want you to be friends, even if it's just ordinary and with a purpose."

"Luo Qihong is too young. If he is targeted by him, he will inevitably be unable to do things freely in the future. Putting a pair of shackles on him will always make him cautious."

Feng Wanju raised his glass towards Li Jiacheng and said, "I'll go back and think about it."

End of march
There are rumors in the market that the Hong Kong government will designate Cathay Pacific Airways as the only airline representing Hong Kong and will not allow the newly established Dragonair to encroach on the Hong Kong market. It will soon order Cao Guangbiao to cancel Dragonair.

In panic, Cao Guangbiao convened a board meeting of Hong Kong and Macau International to discuss countermeasures.

Unexpectedly, Luo Qihong’s prediction came true, and the problems were more severe than imagined, but it was also in line with the Hong Kong government’s outrageous operations.

During this meeting, Luo Qihong no longer spoke and became a transparent person.

At the beginning, I just gave advice because we were both Chinese, but I ended up getting myself into trouble. Now I won't be so stupid as to cause trouble for myself.

Cao Guangbiao naturally had to lodge a strong protest to the Hong Kong government. The joint statement stipulated that "airlines registered in Hong Kong and with Hong Kong as their main place of business and industries related to civil aviation may continue to operate", so the Hong Kong government had no power to designate Cathay Pacific Airways as the representative airline of Hong Kong.

With the "big skin" involved, the Hong Kong government certainly did not dare to go against the wind, so it denied the rumors a few days later, and the crisis of Dragonair was over immediately.

However, everyone knows that this is just the beginning, and the things previously discussed with the Civil Aviation Department will most likely not pass because Dragonair has offended the Hong Kong government.

Luo Qihong was helpless about this. His speed of doing things could not keep up with the speed of change and he could only passively respond to each other's moves. It was really frustrating to work under these British guys.

Such an exchange of moves naturally made headlines in major newspapers, and Hong Kong Dragon Airlines also gained a lot of attention, making its name deeply rooted in the impressions of all walks of life among Chinese people.

At the same time, Cao Guangbiao sent a team of crew members to rent a Boeing 737 passenger plane, applied for a business license from the Hong Kong Air Transport Licensing Authority, and started regular charter services between Hong Kong and eight mainland cities including Yanjing and Shanghai. He also started consultations with the mainland Civil Aviation Administration on charter services.

According to Luo Qihong's guess, the Hong Kong government will definitely make things difficult for Dragonair, but he doesn't know at which stage they will take action.

As April begins, the Hang Seng Index has climbed to 4 points, and the growth is still rapid, with no signs of any other problems.

The leverage of HK$40 billion is a huge amount and requires a lot of time to operate. Luo Qihong is not sure about the exact time of the crash, so he can only sell in advance.

Doing this will naturally result in a lot less profit, but it is the safest way.

He went to the trading hall of HSBC in person and told Zhang Taotao that the selling of the Hang Seng Index would only begin after signing some documents. Luo Qihong also left there.

Of course, Zhang Taotao tried to dissuade him, saying that the stock market was doing very well and there was no need to sell so quickly as this would result in losing a lot of money.

But Luo Qihong turned a deaf ear to him and insisted on his own plan. He also asked Zhang Taotao to complete the sale as soon as possible and not to delay too long, and to complete the sale before May at the latest.

According to the current Hang Seng Index point, Luo Qihong himself can make a profit of at least HK$40 billion, which is a terrifying figure.

Dudu! !
Holding the teapot in both hands, light green water flows from the spout into the small teacup.

"Mr. Luo, I heard that you invested in a company that is doing the restructuring business of bankrupt companies. I wonder if you can give us some help?" Liu Luanxiong put down the teapot and said with a smile.

"Oh? Why are you interested in this kind of business, Mr. Liu? Don't you have a lot of short-term investments in the stock market?" Luo Qihong took a sip of tea and said jokingly.

Liu Luanxiong's fate has changed a little, and Luo Qihong did not dare to use his past life memories to measure Liu Luanxiong's future deeds. Moreover, the deeds he learned about were only a small part of Liu Luanxiong's life, and they were just those inevitable major events.

"You know, Mr. Luo, that investments in the stock market are all small-scale. I don't dare to bet big. It's no problem to make 2 or 3 million, but it's unlikely to make more." Liu Luanxiong smiled bitterly, "I still have a lot of funds. Aimego Company probably won't need so much money. 1 million yuan is more than enough."

Liu Luanxiong is still very cautious. He is worried that the stock market crash will come prematurely, so he dares not enter the stock market too much and only dares to invest tens of millions.

This surprised Luo Qihong a little, as he had the impression that Liu Luanxiong was very bold.

It is natural to make money by following Luo Qihong, because Luo Qihong has never failed and investing has always been a way to make big money.

"Mr. Liu, this is a long-term investment business, not a short-term one. If you start now, you won't get any rewards until at least the end of the year." Luo Qihong explained, "If it's a short-term investment, the profit you make is only a few million, not much."

"I know this." Liu Luanxiong restrained his smile and nodded seriously.

"So, do you plan to start your own company?" Luo Qihong asked.

"How about doing it together with Qiyun Investment?" Liu Luanxiong said tentatively.

"You want to invest in Qiyun Investment? That's unlikely. We can work together on the project."

The reason why Luo Qihong agreed was that Liu Luanxiong had a lot of funds, while Qiyun Investment lacked funds, so they could complement each other.

As for sharing the profits, that does not exist. You can simply reopen one or two projects and add up the profits, which will only increase each other's profits.

"Well, then I will register a shell company to take over the equity." Liu Luanxiong said.

"Let's each hold 50% of the equity. The first project will be led by Qiyun Investment. Once you have experience, we can do it separately." Luo Qihong will not tie Liu Luanxiong down forever.

Liu Luanxiong would certainly not have any objection to the hands-on teaching. Other people's teaching would infringe on his interests. Now Luo Qihong puts him on an equal position, which is the most ideal situation.

a few days later
Luo Qihong and Liu Luanxiong gathered in the conference room of Qiyun Investment Company.

"It is better to keep Dongbai Real Estate Company. This way we can save the effort of acquisition. However, there are not many assets left in Dongbai Real Estate Company, so we need to acquire it again." Lin Yunxue said.

Luo Qihong looked at Liu Luanxiong and asked for Liu Luanxiong's opinion.

Liu Luanxiong thought about it for a moment and said, "Okay, then how should the equity be distributed?"

"Qiyun Investment only holds 34.6% of the shares of Dongbai Real Estate Company, which is difficult to distribute to Liu Sheng. It is better for Liu Sheng to purchase it directly from the stock market. The share price of Dongbai Real Estate Company has not fluctuated much." Lin Yunxue said, feeling a little emotional. Liu Luanxiong was lucky. She was just preparing to raise the share price of Dongbai Real Estate Company and sell it.

Without waiting for Liu Luanxiong to respond, Luo Qihong said, "Why not just issue new shares to Mr. Liu? This will benefit everyone."

Lin Yunxue and Liu Luanxiong nodded at the same time. After issuing new shares, the company would have funds in its account for expansion.

"The company's future development direction needs to be determined, and we can start collecting information now." Lin Yunxue has already figured it out.

"Mr. Liu, do you have any suggestions?" Luo Qihong asked. He didn't want to always take the dominant position, as this would affect the subsequent cooperation.

"Although Dongbai Real Estate is a real estate company, Qiyu Investment is an expert in securities and stocks, and we are not in a hurry to sell, so I suggest keeping some funds and waiting for a crash to bottom out." Liu Luanxiong said with a moving look. He was thinking about taking over Dongbai Real Estate Company, but the timing was not right now.

Liu Luanxiong knew very well that Aigo would decline sooner or later, and finding a way out now was the best option.

Lin Yunxue's eyes were a little dazed. Why did Liu Luanxiong know the analysis of the plunge? Did Luo Qihong tell him? It seems that Liu Luanxiong and Luo Qihong have a very unusual relationship.

"Mr. Liu's suggestion is good. How about leaving half of the funds to buy at the bottom?"

Luo Qihong and Liu Luanxiong looked at each other and nodded at the same time.

"I suggest investing the remaining half of the funds in industrial buildings. The reason is that industrial buildings are cheap and have great potential for appreciation, which is suitable for us to use a small amount of funds." Luo Qihong suggested.

Siu On Real Estate Company
Luo Qihong was holding a newspaper in his hand, which reported that during the first phase of the launch of 448 units at Heng Fa Chuen, a large private housing estate in Chai Wan, Hong Kong Island, a large number of buyers appeared. Most of them were queue-up agents, speculators and company brokers. There were as many as 5 people in the crowd, and the mood was a bit turbulent. There were also gang members involved, which almost led to a riot.

Some speculators are selling application forms for 5 yuan, which shows how arrogant those people are.

"I heard that the Hong Kong government is discussing the introduction of relevant policies to avoid similar situations in the future," Chen Zhilong reported.

"We also have several high-quality pieces of land, and we will definitely face the same situation at that time. However, we still have time to see how our peers deal with it." Luo Qihong's face was grim.

“In fact, house snatching incidents were common in 81, but those people didn’t dare to go too far. Now that the real estate market has just recovered, those people have no concerns at all. Kerry Properties has been singled out for criticism by the Hong Kong government, and they will have a hard time now,” said Cheng Jianshen.

Kerry Properties is a company under the Kuok family. It was established in 78. With the support of Kuok, its strength should not be underestimated.

When talking about Robert Kuok, Luo Qihong thought of Pang Yalun of the Penta Group. After repeated consideration, he still felt that it was not appropriate to deal with Robert Kuok.

"Speculators are back, even more aggressive than in previous years. This is a good thing for us. We can raise the land price as much as possible." Luo Qihong wanted to add fuel to the fire. "Let the newspaper help to hype up industrial properties. It's time to make the price of industrial buildings soar."

"Does the boss want to take the opportunity to sell off the industrial building?" Kang Wenyi asked.

"No, I just want to distract the speculators from focusing on residential properties." Luo Qihong waved his hand. "Only when the industrial building regains its popularity can our stock price rise."

"Yes, I will notify those newspapers to take action." Chen Zhilong said.

(End of this chapter)