Hong Kong 1980: The Savage Era

Chapter 390 Chapter 391 [It depends on whether you are brave enough]

A private room in Central

The tea is clear and slowly flows into your mouth from the teacup.

"This tea is good." Luo Qihong put down the teacup and a smile appeared on his lips.

Sitting opposite was Liu Luanxiong. Compared to Luo Qihong's smiling face, he looked a little depressed.

Liu Luanxiong held many good positions in futures contracts before the stock market crash. Now that the stock market crash has come, he has naturally suffered heavy losses.

In just two weeks, Liu Luanxiong lost 2 to 3 million yuan, while the losses of the China Asset Management Group companies were even more serious, with 5 to 6 million yuan being the least.

Coupled with the ups and downs in the market value of a group of companies under the China Asset Management Group, Liu Luanxiong couldn't help but feel a little overwhelmed. Now he has finally tasted the power of the stock market.

Some newspapers have devoted an analytical article to Liu Luanxiong, the stock market sniper, believing that Liu Luanxiong has been successful in everything in the past two years, all thanks to the bull market. Now the big bull is dead and the big bear is coming, and Liu Luanxiong's retribution has come.

If someone attacks Chinese Estates Holdings at this time, Liu Luanxiong will definitely not be able to hold on.

Liu Luanxiong was also teased by tabloids as the third biggest stock market crash star after Qi Dezun of Hutchison Group in the 60s and Chen Songqing of Carrian Group in the 80s.

Such statements certainly show that people are not optimistic about Liu Luanxiong's ability to overcome this difficulty, and even curse Liu Luanxiong to go bankrupt soon.

"Big Liu, you asked me out not just for tea, right? I'm afraid you're not free at this time." Luo Qihong leaned back in his chair and laughed.

"Mr. Luo, you know, my sniper tactics have offended many people. If they unite to attack me at this time, I'm afraid I can't stop them. So I would like to ask Mr. Luo to help me when necessary." Liu Luanxiong said humbly.

Luo Qihong smiled and said, "That's no problem! In fact, you don't have to worry. Now that a disaster is ahead, no one wants to mess with you. They all want to protect their own company."

"Well, if I hadn't been greedy and asked you, Luo Sheng, for advice before the disaster, I wouldn't be in this predicament now." Liu Luanxiong sighed. He was really scared and it would be better for him to follow Luo Qihong's footsteps in the future.

Luo Qihong shook his head and said, "I am just lucky. Who could have thought that the good market conditions before would be the beginning of a crisis?"

"Mr. Luo, you are too modest. Your actions in the stock market have become well-known." Liu Luanxiong said, "After this incident, Chinese Estates will have to keep a low profile for some time."

In Luo Qihong's opinion, Chinese Estates Holdings suffered losses in this stock market crash, but it was not to the point of serious damage, and its ability to defend the city was not reduced much.

There are no more than 20 companies and families that dare to take action against Chinese Estates Holdings, and most of them are busy licking their wounds. For example, Siu On Real Estate Company prevented the stock market crash, and they dare not easily take action against other large companies.

"We are old friends. Just tell me what you want to say." Luo Qihong drank the tea in one gulp.

"Mr. Luo, please take a look at this first." Liu Luanxiong handed over a document.

Then Liu Luanxiong explained, "The properties in Wan Chai Electric Street are concentrated in the hands of more than 1 owners, but the location here is very good, close to Admiralty. If we can buy all of them, we can completely demolish and rebuild them."

"There is a stock market crash now, and many owners are selling their properties to cover their short positions. Although the prices haven't dropped much, I think it's time to buy now."

Luo Qihong remembered that in his previous life, Liu Luanxiong also acquired a lot of properties in Wan Chai Electrical Street, and it seemed that they were not demolished and rebuilt.

We are about to enter the 90s and property prices will rise rapidly, especially in Wan Chai, which is close to Central.

As the office buildings in Central are in short supply, companies will naturally choose the nearby Wan Chai commercial buildings and the nearby Sheung Wan commercial buildings, but Wan Chai has a better geographical location.

"It's not easy." Luo Qihong closed the file. "Once it fails, although we can make some money, it will also waste a lot of energy, so I don't think it's so cost-effective." "But your plan reminds me of another project, but it requires offending a heavyweight family. I wonder if you, Liu, have the courage to do it?"

"Mr. Luo, tell us what we have to say." Liu Luanxiong knew that a project that could be proposed by Luo Qihong personally was definitely not a small project. As for offending big families, hadn't he offended enough big shots?
"Yuan Ping Road in Causeway Bay, the Lee Hiu-shin family." Luo Qihong smiled slightly. "Zhao'an Real Estate Company already owns some properties on Yuen Ping Road. If we achieve our goal, we can rebuild a commercial building with a floor area of ​​60 square feet, which is more valuable than the Royal Mansion in China Resources Land's hands."

Liu Luanxiong raised his eyebrows. The thing was very good and the Li Hiu-shen family was also influential enough, so he began to waver.

"No. 1 Yunping Road is the ancestral property of the Li Hysan family. How does Luo Sheng plan to take it over?"

"There are many ways, but we have to offend people. Even if we can't get the property at No. 40 Enping Road, we can use other properties to build a square foot commercial building." Luo Qihong smiled and said, "As long as the Li Xishen family breaks the rules, then we have a reason to touch them."

"Enping Road does not belong to the Li Xishen family. The reason why no one dares to enter Enping Road is that they don't want to offend the Li Xishen family."

"The Lee Hi-Shin family is very weak now. It is far from the family it was when Lee Ho-Wo and Lee Ming-Taek were in charge. Although Lee Wing-Sen and Lee Wing-Tat are helping them, it is still not even half as strong as it was during its heyday."

Liu Luanxiong was silent for a long time. He knew what Luo Qihong meant. The reason why he gave him a share was that he wanted him to be the bad guy and be the first to take action.

If there are any problems, Luo Qihong will certainly help, but the effort will not be too great.

"How much of the equity will you give me?" Liu Luanxiong couldn't resist the temptation.

"How about a 21-5 split?" Luo Qihong held up his hand, smiled faintly, and added, "In the st century, I can transfer % of my equity to you. Of course, it depends on whether you are interested, Liu."

"Okay, I'll do it. But my funds are not in place at the moment, and I need to wait 2 or 3 months." Liu Luanxiong looked at Luo Qihong and said.

"No problem! I will pay the funds first, but they need to be transferred to Hutchison Whampoa immediately." Luo Qihong said.

"No problem, I'll ask Hutchison Whampoa to send someone to take over immediately." Liu Luanxiong's eyes became somewhat intriguing.

On the eve of the stock market crash, Yulang International Group acquired the Sing Tao Group's News Center Building in North Point for tens of millions of cash.

Wong Yuk-long felt that Wu Xian of Sing Tao Group had taken advantage of him, so after signing the contract, he notified Sing Tao Group that they had to move out within half a month, otherwise he would charge ten times the rent.

Thus, the feud between Hu Xian and Wong Yuk-long was formed.

Before the stock market crash in October, the share price of Yulang International Group rose to a maximum of HK$10, with a market value of HK$4 billion. It was a well-known media company in Hong Kong.

It is several times larger than the Fujia Newspaper Company owned by Luo Qihong, and is almost the same as large enterprises such as Ming Pao Group.

However, as the Hang Seng Index fell to around 1800 points, Yulang International Group suffered heavy losses, with its share price almost falling to 5 cents and its market value left at more than 2 million.

However, Wong Yuk-long himself still holds more than 50% of the shares of Yuk-long International Group, so Luo Qihong can only continue to watch.

But some people couldn't help it and wanted to ambush while the stock price was low.

"Zheng Jinghan already holds 4% of the shares of Yulang International Group, and his holdings are still increasing," Wu Xiaohao reported.

"Wong Yuk-long holds more than half of the shares. If we absorb them now, it might wake up Wong Yuk-long and the loss will outweigh the gain." Luo Qihong sighed, "Zheng Jinghan is very good at media, but he is not as good as Wong Yuk-long in acquisitions."

"According to the analysis of the information received, if Wong Yuk-long wants to make up for his losses in the stock market, he can only hold 37% of the shares at most, otherwise his personal finances will be completely unbalanced." Wu Xiaohao said firmly.

(End of this chapter)