Hong Kong 1980: The Savage Era

Chapter 369 Chapter 370 [Think of a Solution]

Dean Securities Investment Company
Luo Qihong leaned back on the sofa, closed his eyes and rested, thoughts racing through his mind.

"Li Jiacheng is actually willing to merge, and holds such a small stake, allowing the British to control the shares. Does he have any conspiracy?" Bai Jinyan felt that Li Jiacheng's move was unusual, as if he had a big plan.

Luo Qihong thought for a moment and said, "If possible, I am willing to exchange China Gas Company for Hong Kong Telecom Company."

"Hong Kong is the world's third largest financial center. There are so many calls that need to be communicated externally. Even if it is like a mobile phone, Hong Kong Telecom has priority. This is the most valuable franchise in Hong Kong."

"And we can use it to monopolize telecommunications in other countries. This is a gold mine that we can never exhaust."

Bai Jinyan's eyes widened. "You mean, Li Jiacheng's target is the entire telecommunications company. The British probably won't let it go so easily, right?"

"The British are not fools, but the ownership of the telecommunications company cannot always be in the hands of the British. The Sino-British Joint Declaration has been signed, so Li Jiacheng is investing in the future telecommunications company." Luo Qihong explained.

"Huh! Li Jiacheng is indeed the best planner among the Hong Kong tycoons. It seems that he has suffered a loss, but in fact he can earn more in the future." Bai Jinyan exclaimed.

Suddenly she looked at Luo Qihong again and was also surprised, because Luo Qihong saw through Li Jiacheng's plan at a glance.

"Is there any way to take over the telecommunications company?" Bai Jinyan asked.

Luo Qihong shook his head. "It's not easy to rob. I can see that, and so can others. Li Jiacheng will also have preventive measures. Maybe he has hired a group of people to keep an eye on the telecommunications company for him."

"Is there really no other way?" Bai Jinyan certainly wouldn't give up so quickly.

"Yes, but it's very troublesome." Luo Qihong said carefully, "It will take a few tries."

"Real and false? What does that mean?" Bai Jinyan asked anxiously.

"Buy low and sell high, buy low and sell high, back and forth a few times, wear down Li Jiacheng's vigilance, and then march into Britain, establish friendly relations with Cable & Wireless, or become a shareholder and director of Cable & Wireless." Luo Qihong said.

Neither of these suggestions is easy to do.

"It's a bit troublesome. There will be no effect without three to five years." Bai Jinyan said thoughtfully.

"There is another trouble. This process can easily be discovered by Li Jiacheng. Once discovered, everything we have done may be in vain." Luo Qihong chuckled.

The game set up by Li Jiacheng is not so easy to break, but the process inside will be very interesting.

"Do you agree to take action?" Bai Jinyan began to hesitate.

There are many opportunities to make money in the world, and there are also many valuable companies and enterprises. It is not cost-effective to spend several years on projects that are not sure.

"Take a look first and help me buy a batch of telecommunications company stocks." Luo Qihong was ready to make a big profit.

In the mid-90s, Hong Kong Telecom's market value was second only to HSBC, making it the second largest conglomerate in Hong Kong with a market value of over HK$1 billion. Today, its market value is only HK$7 billion, only one-fifth of what it was ten years later.

"Okay, but the funds in your company's account have run out. How do you plan to raise funds?" Bai Jinyan said.

"Let the company pay back the 5 million yuan it owes me," said Luo Qihong.

"Well, then I'll go see how to raise funds." Bai Jinyan felt that this was asking for trouble.

Early September
The yen/dollar exchange rate rose to 138. Relying on such convenience, the Japanese went on shopping trips in various countries with great momentum.

Some say that the Japanese want to buy the entire United States.

Of course this is impossible, but it also indirectly illustrates the purchasing power of the Japanese yen.

Luo Qihong then went to HSBC, ready to sell all his Japanese yen investments and recover all the funds.

According to the original plan, he intended to sell the shares when the yen/dollar exchange rate rose to 87 in the middle of 120, but now he could no longer hold on. First, the first payment of Central Financial Plaza was about to be delivered to Sino Properties, and second, the equity investment in Standard Chartered Bank was locked up.

At this time, Luo Qihong needed a large amount of funds for turnover, otherwise he had the idea of ​​reducing his holdings in the shares of his companies, such as China Gas Company, Federal Realty Company, and Qichang Life, Fire & Marine Insurance Company.

Due to the continued appreciation of the Japanese yen, although Luo Qihong's investment in HSBC was as high as tens of billions of Hong Kong dollars, he completed the sale in just two weeks.

“罗生，恭喜了。.这次获利21亿零6千4百万港元，加上押金10亿港元，共到账31亿零6千4百万元。”张涛涛波澜不惊的说道。

He has been working with Luo Qihong for 6 or 7 years and has seen a lot of such large sums of money.

"Thank you, Mr. Zhang." Luo Qihong said happily, "Mr. Zhang should have made a lot of money on Japanese yen, right?"

Zhang Taotao was slightly stunned and said, "I did invest a little, about 1 million. I'm not Luo Sheng, so I don't dare to use leverage, otherwise I would make a lot of money."

"Risky leverage has its own advantages, and stable investment has its own advantages. There are still many opportunities to make money, and this one won't be a big deal." Luo Qihong patted Zhang Taotao's shoulder and said.

"Why did you sell so early? Is the Japanese yen going to fall again?" Zhang Taotao asked worriedly.

An investment of 1 million yen now can earn 5 million yen, but if the market falls back, you may lose your principal.

Luo Qihong smiled and said, "Don't worry. In my opinion, the appreciation of the Japanese yen will continue. It's just that I personally need development funds."

"Is that so?" Zhang Taotao was relieved. "What project does Luo Sheng want to invest in next?"

"I plan to buy some telecommunications company stocks with a principal of 5 million." Luo Qihong stretched out his hand and laughed.

Together with the 5 million yuan from Dean Securities, the total is 10 billion yuan.

"Well, the telecommunications company's shares are indeed worth buying. The company's economic experts predict that by the end of the year, the telecommunications company's market value will exceed 5 billion Hong Kong dollars, an increase of around 40%." Zhang Taotao glanced at Luo Qihong, "Don't you plan to buy on leverage, Mr. Luo?"

"I would like to use leverage, but unfortunately the total amount of 90 billion can easily cause abnormal reactions." Luo Qihong smiled.

"You can buy it with 2x leverage, and by the end of the year you will have a profit of almost 4 million yuan." Zhang Taotao instigated, saying that the greater Luo Qihong's leverage, the richer his commission would be.

"That's fine, then let's try a 2x leverage." Luo Qihong smiled. He wouldn't lose money anyway.

"Okay." Zhang Taotao picked up the phone and asked his subordinates to sign the contract.

"Mr. Luo, how much more do you think the yen will rise?" Zhang Taotao also wanted to change his investment and follow Luo Qihong.

"It won't rise much. If there is a good investment direction, you can withdraw." Luo Qihong said, "Mr. Zhang can invest in telecommunications companies. The 40% return is much better than the Japanese yen."

"Well, that's what I thought too."

After signing the contract, Luo Qihong and Zhang Taotao chatted for ten minutes and then said goodbye.

Immediately afterwards, Luo Qihong went to Liang Botao's company to discuss the acquisition of Yongan Group.

Liang Botao is an expert in securities and acquisitions. His ability is unquestionable. He is already very famous in Hong Kong. He and his master Du Huilian are known as the two acquisition heroes of Hong Kong.

Liang Botao is not very optimistic about the acquisition of Wing On Group. He believes that Guo Zhiliang's defenses will not be as lax as last time. If the equity stock acquisition reaches about 10%, it is very likely to be discovered.

Even if a small shareholder holds 15% of the shares, it is only 25%, which is far from the Guo family's 40%, making it difficult to successfully acquire the company.

Luo Qihong also knew what was going on, so he asked Liang Botao to think of a solution. The acquisition could not be returned.

(End of this chapter)