Hong Kong 1980: The Savage Era

Chapter 339 340 [Stock Price Falls]

Luo Qihong was chatting with Lin Luoqi about private matters, and of course there were some concealments. It is impossible for a person to tell everything to a familiar outsider.

Suddenly, Lin Luoqi took out a document, handed it over and said, "Ah Hong, take a look at this plan and see if there is any possibility of cooperation?"

Luo Qihong opened the file and took a look. Ten seconds later, he glanced at Lin Luoqi and thought to himself, "He is indeed from a wealthy family, so cruel and ruthless."

"Ms. Lin holds 6% of the shares of Qiyun Investment Company, and I only have 4%. Even if I give you all of it, it will be difficult for you to control Qiyun Investment."

Lin Luoqi picked up the decanter, poured himself a glass, and said with a sly smile, "If I wasn't completely sure, why would I come to you? According to the information I received, Lin Yunxue has pledged her 25% equity to the bank and invested in multiple projects of Haofeng Real Estate Company. The funds are locked up and it is impossible to repay them in a short time."

The bank has a rule that if it is discovered that a debtor is unable to repay, the bank can apply for an audit and then resell the collateral to get the loan back.

"Have you cooperated with Gao Kaiquan?" Luo Qihong became very alert.

Lin Luoqi smiled and said, "I can't hide it from you. I did talk to Gaosheng Real Estate, but it was mainly aimed at my sister, not Qiyun Investment. The Xing'an Building incident was a complete accident. I originally won it together with Gaosheng Real Estate, but I didn't expect Lin Yunxue to get involved, so I went with the flow and asked Gao Kaiquan from Gaosheng Real Estate to find Lin Yunxue."

"Has the deal been reached with the bank?" Luo Qihong let down his guard, but he was not as relaxed as before.

Lin Luoqi's idea of ​​contacting outsiders to seize Lin Yunxue's property was already a heinous thing in Luo Qihong's eyes, and he would not make an exception if he had the chance.

But Lin Yunxue also needs to be taught a lesson and should be given a reminder.

"As long as you agree, the bank won't be a problem." Lin Luoqi was a little worried that Luo Qihong would not agree.

"You are eyeing the two listed companies controlled by Qiyu Investment Company, right?" Luo Qihong gradually regained his usual rational state.

Lin Luoqi was silent for two seconds, and then said, "Qiyun Investment doesn't have many assets, and only the two newly acquired companies are more attractive."

"Rocky, you know, although Miss Lin did have some problems in management, I still have hope for her and don't want to break my promise." Luo Qihong said in a high-sounding manner.

"Ah Hong, it was Lin Yunxue who broke her promise first. You are only doing this for the good of the company. If you let Lin Yunxue continue, Qiyu Investment Company will be in crisis and your investment will be wasted." Lin Luoqi began to get anxious.

Without Luo Qihong's support, it would be just a pipe dream for Lin Luoqi and Xu Jiawen to win the investment from Qiyun.

"It's not easy to deal with the bank either. If your father intervenes, it won't be difficult to redeem the shares." Luo Qihong changed his angle.

"Don't worry, Lin Yunxue won't be able to find my dad during those few days. As soon as the time comes, I will immediately take over 25% of the shares." Lin Luoqi vowed.

"There is another possibility. Miss Lin asks other people for help." Luo Qihong said.

He had some understanding of Lin Yunxue. This woman was courageous and might prefer to die in glory rather than live in disgrace in the most dangerous moments. This would also be a bad thing for him.

Hearing this, Lin Luoqi frowned. This might be something he couldn't stop. Who knew if Lin Yunxue would really do that.

"But I can promise you that as long as you get 25% of the bank's shares, I will support you in the board meeting room." Luo Qihong still gave Lin Luoqi hope.

Who made Lin Yunxue so disobedient and do so many things behind his back?

"Thank you!" Lin Luoqi knew this was the best outcome. A few days later.

There was news in the market that Wheelock Group was about to be split up, and people outside believed this news.

Because Luo Qihong has personally served as the chairman of the board of directors of Federal Realty Corporation and United Enterprises Corporation, Cheng Yu-tung and Cheng Jiachun serve as the chairmen of companies such as Wheelock Properties, Real Estate Investment Trust and Harriman Development.

Such a layout is very similar to a family split, like the previous Zhang Yuliang family and the Madden family, so the share price of Wheelock began to fall, but the decline was not large, only about 7%.

Luo Qihong met with Cheng Yutong and his son to discuss countermeasures.

"The stock price is bound to fall, it's just a matter of sooner or later." Luo Qihong said indifferently.

"I'm afraid the shareholders on the board of directors will have objections and will not support our split. The most important thing is that it is unfair to you. The share price of Wheelock Holdings has fallen, while the share prices of Federal Development and United Enterprises have risen. The difference in share prices is quite large." Cheng Yu-tung said.

Cheng Yutong has always been a very fair person. He is unwilling to take advantage of Luo Qihong. He has no problem suffering some losses himself, but he does not want others to suffer losses, especially juniors like Luo Qihong.

Zheng Jiachun really wanted to speak, but he knew that his suggestions would hardly be accepted, so he gave up.

"Uncle Tong, it's not that I'm at a disadvantage. Since you feel bad about it, why don't you give me some discounts on the payment, or sell me some properties from the property trust company." Luo Qihong laughed, his tone full of joking.

"New World Development Company may need to pay you some funds to acquire Zheng Luo Company. It would be better to directly take out some properties from New World Development Company to offset the payment." Cheng Yutong was very generous and was willing to sell the high-quality properties under New World Development.

"Okay! Thank you, Uncle Tong."

Cheng Yu-tung waved his hand and said, "The prices of these properties can be lower to make up for the stock price in the past few days."

"Uncle Tong is so straightforward, I can't take advantage of him for nothing." Luo Qihong took out a document from his briefcase and handed it over. "Take a look at this first."

Cheng Yutong opened it and his pupils slightly dilated, "Are you sure you want to share such a good project with New World Development Company?"

"Haha!! It's just a mining company. There are still plenty of good things in Australia. I just want to share some risks with Uncle Tong." Luo Qihong said modestly.

After reading it, Cheng Yutong passed the document to Zheng Jiachun without looking away.

When Zheng Jiachun opened the first page of the document, he couldn't help but glance at Luo Qihong.

"Once the split takes place, the share price of Henderson Land Development may drop by 30%. Are you ready, Uncle Tong?" Luo Qihong asked with a sly smile.

Cheng Yutong nodded and said, "We are ready. In fact, Wheelock & Company may seem huge, but it is actually hollow. It is a good thing to split it up now to avoid another crisis."

"Henderson Land Development has lost the best opportunity to develop in Hong Kong. It would be better to develop that part of the overseas industry and make it the overseas flagship company of New World Development Company," suggested Luo Qihong.

"Yeah, I have the same idea. Hong Kong is too small and it is difficult to accommodate so many big companies." Cheng Yutong agreed.

(End of this chapter)