Hong Kong 1980: The Savage Era

Chapter 39 [Good News]

"OK!" Luo Qihong took the document back naturally.

A few minutes later, Lu Song finished reading all the documents. These properties did have good profits. He calculated that he could make about 16 yuan (half of the profit). "Luo Sheng, is there a time limit for the sale of these properties?"

Lu Song wanted to hold off for a while, waiting for the local market to rise and for him to find "more suitable" customers, so that he could make more profit.

However, Luo Qihong is still waiting for all the properties to be sold so that Yiren Real Estate Company can release favorable news earlier so that the stock price can have a significant increase and will not delay his next investment.

"Yes, it must be sold within two weeks." Luo Qihong said, he knew what Lu Song was thinking.

Lu Song doubted Luo Qihong's statement, but he could only nod and agree. If Luo Qihong could cooperate with him, he could also cooperate with others. There was no need to let the cooked duck fly away.

HSBC Trading Room

Yiren Real Estate Company has already released the good news in advance, obtaining 1000 million yuan in funds, which can be used to improve its debt situation, solving the company's debt of more than 500 million yuan, and releasing properties worth nearly 900 million yuan, accounting for 21% of the total market value, reducing the debt ratio to about 3% of the market value at this time.

Yiren Real Estate Company, which was on the verge of bankruptcy, suddenly became a well-run small and high-quality real estate company. This news was published in a prominent position in the newspaper. On that day, the stock price of Yiren Real Estate Company began to rise slowly.

In fact, the small-scale acquisition war a few days ago gave investors some impression of the stock of Yiren Real Estate Company. Now with such publicity, the stock price has risen from 0.8 yuan to 1.1 yuan.

Zhang Taotao informed Luo Qihong of the situation and told him the financial experts' evaluation of this stock, saying that it was worth holding for a short period of time and that there would be a significant increase in the price.

Luo Qihong smiled at this. He certainly knew that the share price of Yiren Real Estate would continue to rise because he was also one of the traders.

"Mr. Luo, I heard some good news. Would you like to hear it?" Zhang Taotao rarely wanted to keep the secret.

"Tell me about it!" Luo Qihong laughed. He had no idea what Zhang Taotao was trying to keep secret.

Zhang Taotao looked at Luo Qihong and said, "Sino Properties will separate some of its assets to form a company called Sino Land. It will be listed on March 3 and will start pre-selling shares after the Spring Festival."

Upon hearing this, Luo Qihong wanted to take a bite of the fat meat of Sino Real Estate. "Mr. Zhang, is there any way to help me get the subscription shares?"

Sino Properties is the family business of Singapore's richest man, Wong Ting Fong. The family owns a large number of commercial buildings in East Tsim Sha Tsui and is known as the landlord in the area.

Sino Land Development Co., Ltd. is about to become one of the top ten real estate companies in Hong Kong, with a market value of more than 30 billion yuan. Sino Land Development Co., Ltd. is a subsidiary of Sino Land. There is a high probability that the properties in Tsim Sha Tsui East will be injected into this company and listed on the stock market.

The Tsim Sha Tsui Centre and Empire Centre alone would make Sino Land a small real estate company with a market value of HK$7 million, making it a leader among real estate companies at this stage.

However, Sino Land was not very famous at that time because it was outshined by other extremely high-quality real estate companies such as New World Development, Sun Hung Kai Properties, Cheung Kong Holdings, and Dachang Real Estate. Therefore, the listing of Sino Land would not be very popular, but if one wanted to obtain a large number of new shares, it still required strong connections.

"Sure! How about 45 new shares?" Zhang Taotao grinned. He got this by borrowing the name of HSBC Bank. Of course, Luo Qihong also contributed to this name. Luo Qihong was one of the medium-sized and important customers of the trading hall.

"Okay! Thank you, Mr. Zhang!" Luo Qihong asked again, "What is the issue price of the new shares?" "2 yuan per share!" Zhang Taotao replied.

The listing of Sino Land Company was very good news and another feast for making big money. Although there were only 45 shares, Luo Qihong knew that once it was announced that Sino Land Company held the magnificent and priceless commercial building in Tsim Sha Tsui East, the share price would surely increase exponentially and making a profit of one or two million yuan would not be a problem.

After leaving the trading hall, Luo Qihong returned to North Point as usual. As soon as he stepped over the threshold, he saw a middle-aged man wearing yellow-green glasses and holding a cigar between his fingers chatting and laughing with Guan Jiahui.

He was stunned for a moment. As a man, he knew the man's purpose. Judging from the accessories he was wearing, he should be a rich man.

After Guan Jiahui's introduction, Luo Qihong finally remembered the origin of this man. Wasn't he Guan Jiahui's ex-husband in his previous life, Wang Guojing, who was in the financial business? Didn't they meet in 82? It's only 81 now.

Luo Qihong knew that this might be the butterfly effect, but Guan Jiahui was about to be his, so how could he let Wang Guojing snatch her away?
Therefore, Luo Qihong wanted to entertain this "ex-husband" personally, but Guan Jiahui was unwilling to do so because she had just persuaded Wang Guojing to buy a luxury house, which was a generous commission.

Moreover, Wang Guojing also wanted Guan Jiahui to continue to greet him instead of Luo Qihong.

"Damn! You can't play it like this? I was about to get the first blood, and suddenly Wang Guojing showed up." Luo Qihong was very depressed. The cooked duck was about to fly away, and he had no way to stop it.

Luo Qihong gradually calmed down. He still had an advantage over the stranger Wang Guojing. Guan Jiahui just liked money. It was time for him to show his financial strength. No matter what, he had to get the "first blood".

This is just a small episode. No matter how unhappy Luo Qihong is, he still has to do his work, such as signing a contract to buy a house for his family.

36 yuan was exchanged for a stack of papers, but the Luo family was very happy because the 816-square-foot house was finally under their name.

Although it was impossible for Zhang Qianqi's name to be written in, she was confident that she could occupy a certain status in this family. She could already make Luo Qixing obedient, and the rest would come slowly.

"When are you moving?" Luo Qihong asked with a smile. He had also found a rental house, which was over 300 square feet, enough for one person to live in.

"Don't worry! Your dad and I have discussed it. We plan to buy new furniture in North Point, so it will take a little longer." Lin Ya said.

"Do you want to move in first?" Luo Qixing suggested to Zhang Qianqi in a low voice. In his eyes, the relationship between him and Zhang Qianqi was a done deal.

Zhang Qianqi was somewhat tempted, but she still had her womanly reserve, so she shook her head and refused.

Lin Ya suddenly mentioned that she wanted to go to Luo Qihong's rental house to see what the environment was like. If it was not good, she could again suggest living together.

It turned out that the place rented by Luo Qihong was no worse than his new home, so Lin Ya had no choice but to give up and make plans later.

As for Zhang Qianqi, her expression was somewhat intriguing. She already knew that her future brother-in-law was very rich. In just less than half a year, he immediately took out 5 yuan to pay the down payment, so she really wanted to have her brother-in-law's help in the future.

However, Luo Qihong is not so easy to be controlled, even if Zhang Qianqi uses the "big brother" to control the "younger brother".

(End of this chapter)