Hong Kong 1980: The Savage Era

Chapter 361 362 [Limitations]

Lin Zuhui's way of dealing with Luo Qihong is nothing more than verbal attacks. The only thing that can suppress Luo Qihong is those untenable moral principles.

He also knew very well that it would be of no benefit to him if he angered Luo Qihong.

It was just that his anger clouded his reason for a moment. Now that Luo Qihong had given him a way out, he naturally had to step down. Otherwise, Luo Qihong would not indulge him, and he would end up losing face.

Sometimes it is better to deal with these rich people than with ordinary people, because if you reveal a little bit of some things, the other party will stop. Of course, this is only for a short period of time, and it will be more troublesome later.

But as long as Luo Qihong maintains such wealth and power, Lin Zuhui can only accept it and dare not play any tricks behind his back.

After seeing Lin Zuhui off, Lin Yunxue turned around and found Luo Qihong again.

"No matter what he says, he is my dad. Can you be more polite when you speak to me next time?" Lin Yunxue said weakly.

Luo Qihong stared at Lin Yunxue and said with a smile, "If you are polite today, your dad will not let me go, because your dad wants to use those morals to coerce us. The only way to break the situation is to tell your dad that if you force it, the consequences will be serious, and the company under the Lin family will have a hard time surviving."

Lin Yunxue pursed her lips. She knew that she was not that important in Luo Qihong's heart, so she didn't dare to make any demands, let alone threaten Luo Qihong.

The two talked about some company matters and then left.

The Admiralty Financial Plaza, built in a joint venture with Sino Land, has been topped out and all decoration is expected to be completed in November.

As a result, many foreign financial groups have set their sights on these two Grade A commercial buildings. First, they are located in a prime location. Second, the two commercial buildings have a total floor area of ​​104 million square feet and a rentable area of ​​97.7 square feet.

Even compared to the current Bank of America Center (formerly the Golden Gate Building), the two commercial buildings in Financial Plaza are not inferior.

Therefore, Huang Tingfang, chairman of Sun Hung Kai Properties, approached Luo Qihong to discuss the matter of Financial Plaza.

"Mr. Luo, the highest bidder at the moment is the Benda Group, 14 billion yuan, 7 million yuan per building. According to our agreement, as long as Mr. Luo offers 14 billion yuan, we will sell it." Huang Tingfang changed the subject and said, "But the current real estate market is very prosperous. I suggest that we sell it later, so that we can do justice to all stakeholders."

This is to make Luo Qihong offer a premium and a higher price, thinking that 14 billion yuan is not a good price.

"14 billion yuan is a slight premium. How about this, I will add another 2% premium on this basis?" Luo Qihong said readily.

This is a good thing, and he doesn't want to drag it on for too long, otherwise it will be disadvantageous to him.

“溢价2成，也就是16亿8千万。”黄智祥说道“我们计划会在一年后出售，预计可以涨30%，也就是18亿2千万。”

"Haha!! Mr. Big Huang and Mr. Little Huang really know how to do business. Okay, I offer 18 billion. This price should not be low, right?!" Luo Qihong said with a smile.

If he gets it one year earlier, Luo Qihong can also collect one more year's rent. In fact, the difference is not that big.

"Okay, Mr. Luo is straightforward. Let's not drag it out. Just give it 18 billion yuan." Huang Tingfang immediately expressed his opinion.

"But I hope to deliver it after all the decoration is completed, and 18.3 billion yuan is not a small number. I hope to pay it off in 6 months. As for the interest, it will naturally be calculated from the date of completion of delivery." Luo Qihong doesn't want to be a sucker.

"Well, apart from Luo Sheng's 2% equity, a total of 14 billion yuan needs to be paid. At least 6% must be paid in the first installment, and the remaining 4% must be paid in two installments, 4% each. How about that?" Huang Tingfang suggested.

"No problem! Let's do as Mr. Huang said." Luo Qihong picked up the coffee cup and clinked it with the cups of Huang Tingfang and his son. "Happy cooperation!"

"It's a pleasure working with you!" Huang and his son said in unison.

Luo Qihong didn't stay long. He chatted for a while and then left.

"Dad, I didn't expect Luo Qihong to agree so readily." Huang Zhixiang said happily. He thought it would take some effort.

Huang Tingfang smiled and said, "Luo Qihong is a smart man. He knows that instead of dealing with us, it is better to focus on the rent for half a year. According to the current rental price in Central, a commercial building of 1 million square feet has a vacancy rate of only 2%. The monthly rent is 1 million, which means 2 million for half a year, which can offset part of the premium."

"If our company was not short of funds, we could have taken over these two Grade A commercial buildings. This is a treasure trove." Huang Zhixiang sighed. Huang Tingfang said, "We have a large property in Tsim Sha Tsui East, plus China Hong Kong City in Tsim Sha Tsui, which is enough. We are not Luo Qihong, who can make money in all aspects."

"Yeah, why does Luo Qihong have such good vision?" Huang Zhixiang asked in a self-questioning tone.

"Lo Chi-hung's company already has so many properties in Central, and now it has acquired Financial Square. It will soon catch up with Hong Kong Land."

Huang Zhixiang retorted, "It's impossible to catch up. Hong Kong's Exchange Square in Central is a mountain that no one can shake."

"It's hard to say, Luo Qihong is not a good person." Huang Tingfang sighed.

A private room at the Mandarin Oriental Hotel

The charter boat king, Wu Guangzheng and Luo Qihong were drinking tea while chatting and laughing leisurely.

"Hong Kong has been in turmoil recently. Luo Sheng should have made a lot of money." The boat charter king smiled slightly.

"No matter how much you earn, it's not as much as the rent collected by Shanghai Port City." Luo Qihong laughed, "And that money is not easy to earn. I don't know how much criticism you have endured."

"What Aigoo did is indeed not a good idea, but it can help accumulate capital quickly." The charter king restrained his smile.

"I heard that Mr. Bao wants to help Standard Chartered Bank fight against the acquisition by Lloyds Bank. I wonder if asking me out has anything to do with this?" Luo Qihong asked.

Wu Guangzheng said, "Yes, Luo Sheng's De'an Securities should have acquired a lot of Standard Chartered Bank's shares. We want Luo Sheng to help."

"Hong Kong will sooner or later break away from the control of the British and become the territory of us Chinese. Does Luo Sheng want to see Standard Chartered Bank fall into the hands of the British?"

The reason sounds very reasonable, but it is difficult to impress Luo Qihong.

Luo Qihong thought deeply for a moment and said, "This time, the acquisition of Standard Chartered Bank's shares is purely an investment, a short-term investment project. If it is changed to a long-term one, many plans will need to be changed."

The charter king said, "I know this is a bit unreasonable, but how about this? After the acquisition war is over, I will make up for the losses incurred by Luo Sheng. How about that?"

Luo Qihong shook his head and said, "Mr. Bao, you are too polite. We are all Chinese, and we have an obligation to deal with the British. Let's forget about the losses. I will support you at the shareholders' meeting of Standard Chartered Bank."

"Thank you, Luo Sheng!"

"I have a question, I hope Mr. Bao can answer it."

"Excuse me!"

"Mr. Li from Cheung Kong Holdings wanted to acquire Hutchison Whampoa. Did he invite you? Did you refuse because of the acquisition by Standard Chartered Bank?" Luo Qihong asked with a smile.

"That's true, but it's not because of the Standard Chartered Bank issue that I rejected it. It's because I feel the possibility of the acquisition being successful is slim and HSBC will intervene," Pao Yue-Kong explained cryptically.

This is because he is worried about the impact on his relationship with HSBC.

There is already a big gap between Pao Yue-kong and Li Ka-shing, and this gap is caused by the Wharf Group and Hutchison Whampoa.

The Wharf Group is indeed of high quality, but it has a major limitation, namely that its business is restricted to Hong Kong and it is difficult to expand outward.

Hutchison Whampoa is different. It has a large number of overseas companies and a full range of business types.

So we need the support of HSBC.

(End of this chapter)