Hong Kong 1980: The Savage Era

Chapter 42 [Approaching the Spring Festival of 042] (Please collect)
Lin Luoqi knew from the last incident of snatching Yiren Real Estate Company that Luo Qihong had several million yuan invested in the stock market, and there would be no problem in repaying the remaining 110 million yuan. However, he was a little confused. Wasn't it good to make money by speculating in stocks? Why did he have to take risks in the real estate industry?

Lin Luoqi didn't know the reason. It was the wealth and power that Luo Qihong cared about. The Lin Zuhui family had been in Hong Kong for many years and had established the power of the Lin family, while Luo Qihong had neither wealth nor power. Wealth can be earned easily, but power requires hard work to build.

Without power, Luo Qihong felt insecure. In his previous life, Wang Dehui, the chairman of Chinachem Real Estate Company, was kidnapped twice in a row and his body was never found. This was caused by his lack of power.

Moreover, the most profitable and easiest way to become famous in Hong Kong is to engage in real estate, which is exactly what Luo Qihong needs. So he might as well engage in real estate and kill two birds with one stone.

End of march
The properties handed over by Yiren Real Estate Company to Hehong Real Estate Company were basically sold out, leaving only the final payment of 110 million yuan for the Yuen Long tenement building. Luo Qihong earned a total of 206.4613 million yuan in profits and commissions, while Lu Song only earned more than 15 yuan.

Lin Luoqi was also busy spreading the good news. With the return of nearly 900 million yuan in funds, Yiren Real Estate Company had more than 1 million yuan in working capital on its books, accounting for about 19% of the market value of Yiren Real Estate Company.

Moreover, Lin Luoqi struck while the iron was hot and announced that Yiren Real Estate Company would purchase property assets worth 1 million yuan, with the main investment area being Causeway Bay.

Yiren Real Estate Company has been advertising in newspapers for nearly half a month. Citizens have become more and more impressed by the company. Coupled with articles by some critics, Yiren Real Estate Company has become a small real estate company with a certain reputation in the market.

The stock price has seen a small increase, from 1.3 yuan per share to 1.6 yuan per share, an increase of more than 23%. The market value has approached 8500 million yuan, more than double the previous market value.

Of course, this is a very normal increase and operation, but it allowed Lin Luoqi to show off in front of the family, and Lin Zuhui's impression of Lin Luoqi changed a little.

The 112.7 million shares of Yiren Real Estate Company that Luo Qihong bought doubled in price, and he made 90 yuan.

He had already planned that after the current wave of growth in Yiren Real Estate Company was over, he would start selling its shares, retaining 1 million yuan in funds and using the remaining funds to buy shares of China Bus Company.

现在的罗齐鸿拥有现金90余万元、价值104万元的恒隆公司10万股股票、价值180万元的伊人置业公司112.7万股股票、价值376万元的中华巴士公司23.1万股股票以及210万元的元朗唐楼一座（尚有110万元尾款未付），总资产约为850万元。

This figure was 500 million yuan more than the original plan of 350 million yuan, which made Luo Qihong very happy. He did not expect that his assets would be close to 1 million yuan, and he was one step closer to operating the "treasure hunt game".

Kowloon Bay Home

As the Spring Festival of 81 was approaching (February 2 was New Year's Eve), the Luo family's moving plan had to be put on hold until after the Spring Festival. Luo Qihong was naturally not in a hurry, and Zhang Qianqi had even less say in the matter.

However, after learning about the Luo family's financial situation, Zhang Qianqi's attitude became better. Maybe she felt that the Luo family was a treasure trove.

Lin Ya was picking vegetables and preparing dinner. She glanced at Luo Qihong who was in a daze beside her and asked, "How are you getting along with Cheng Bo's daughter recently? When are you going to come to our house as a formal guest?"

Hearing this, Luo Qihong panicked a little. He hadn't seen Bai Jinyan during this period of time, and he was having a hot affair with Guan Jiahui.

"It's just so-so. We are still young. Let's spend some time together first." Luo Qihong said quickly.

"What do you mean young? Your father and I had already given birth to your older brother when you were your age. We're not asking you to get married. We just want you two to establish a relationship so that it will be easier for us to interact with Cheng Bo's family." Lin Ya said unhappily.

You guys have already discussed everything, what else can we do?
Luo Qihong complained in his heart, but smiled on the surface and said, "Times are progressing, and our thoughts must also progress. When it comes to love, of course we have to do it slowly, otherwise there will be no feelings."

"Hurry up! If Cheng Bo's daughter is kidnapped by someone else, I will hold you responsible." Lin Ya did not forget to threaten Luo Qihong.

Luo Qihong quickly changed the subject, "Speaking of marriage, when will big brother and Zhang Qianqi hold the wedding banquet?" Lin Ya said with embarrassment, "A house has emptied all our family savings, how can we afford to hold a wedding banquet for them. Let's see if we can save 5 or 6 this year. If so, we will have money for the wedding banquet next year."

Of course they could borrow money for the banquet, but the Luo family had never had the habit of borrowing money from others, and their family business was doing well; it just took some time to make money.

Lin Ya and Luo Zegui also wanted to examine Zhang Qianqi again. Their eldest son Luo Qixing was too honest, so they had to worry about these matters.

Luo Qihong originally wanted to say "lend them money for their wedding", but he couldn't say it when the words came to his lips. The reason was that he had to be on guard against Zhang Qianqi, an outsider. If Zhang Qianqi passed the test, Luo Qihong would naturally help Luo Qixing.

Luo Qihong comforted Lin Ya a few words. According to the current business volume of the family printing business, it would not be a problem to make a profit of tens of thousands a year.

The mother and son talked about some established procedures for this year's Spring Festival. The Luo family did not have many relatives in Hong Kong, but they all needed to be visited one by one. Lin Ya's mother's side had many relatives, but the Luo family only had one day to visit them, so it was not too troublesome.

Not long after, the phone rang. Luo Qihong walked over slowly and answered the phone. "Hello! Who are you looking for?"

"I'm looking for Mr. Luo Qihong!" Zhang Taotao's voice came from the other end.

"It's Mr. Zhang. What do you want to talk to me about?" Luo Qihong asked doubtfully. Zhang Taotao actually called home. It must be something urgent.

Zhang Taotao said, "Around 5pm, Hang Lung won the bid for the development rights of the 1.3 square feet property above the subway station on Murray Road in Central. The stock price will definitely rise sharply tomorrow."

Luo Qihong had also revealed to Zhang Taotao his idea of ​​selling Hang Lung Group shares. After all, the acquisition of China Bus Company was more cost-effective. Now Zhang Taotao called to talk about this matter in a hurry, probably to stop the idea of ​​selling.

The Spring Festival is coming in a few days and the stock market will be closed for 5 days, but the New York and London stock markets will not be closed, so the impact is still quite large.

Luo Qihong thought for a moment and said, "Let's not sell the Hang Lung shares yet. Mr. Zhang, as soon as the market opens tomorrow, please help me sell all the Yiren Real Estate Company shares at the price of 2.1 yuan. Sell them all before the Spring Festival holiday without affecting the share price of Yiren Real Estate Company. At the same time, help me buy the shares of China Bus Company."

"Okay! I will operate on both sides at the same time and try to complete the selling and buying before the Spring Festival holiday." Zhang Taotao said.

"Well, thank you for your hard work, Mr. Zhang." Luo Qihong said.

As soon as I hung up the phone, a familiar voice came from my side, "Are you trading stocks?"

Luo Qihong looked back and found Lin Ya and Zhang Qianqi were beside him. He looked a little surprised and said, "They are speculating in stocks and have made a lot of money."

Not to mention making money, Luo Qihong was worried that Lin Ya would start nagging him and he would lose his ears soon.

Zhang Qianqi's expression was somewhat intriguing, but more of it was joy; she seemed to understand the situation of the stock market.

Lin Ya hesitated and said, "Don't invest too much money. Stocks are so risky. What if you lose money?"

(End of this chapter)