Hong Kong 1980: The Savage Era

Chapter 441 [Fight]

The news that United Real Estate Company acquired the Wan Chai Kaohsiung Building from Siu On Real Estate Company for HK$11 billion immediately caused a huge reaction in the market.

The share price of United Real Estate Company immediately rose by 3%, and the overall share price rose by 10% on the first day, which increased the market value of United Real Estate Company by 20 million to million yuan, bringing the market value to nearly billion.

Such good news made Li Mingzhi, chairman of United Group, exclaim loudly, "This deal is very worthwhile." If possible, he would certainly like to continue trading with Zhaoan Real Estate Company, in order to increase the market value by leveraging the reputation of Zhaoan Real Estate Company.

Luo Qihong is not a stingy person. Since Li Mingzhi has spent money, he can naturally use the name of Zhaoan Real Estate to hype it up. As for whether shareholders will suffer losses in the future, Luo Qihong can't care.

Since the 90s, Hong Kong's real estate market has begun to recover rapidly. Those wealthy households that wanted to transfer their assets have stopped, and smart people have begun to buy back real estate assets. Although there have been some losses, the future gains will definitely make up for it, allowing them to make a fortune.

Therefore, the conclusion reached by the think tank of Siu On Real Estate Company is that by the mid-90s, Hong Kong's real estate market will have restored the prices and prosperity of 89.

Zhaoan Real Estate Company also stopped acquiring large properties and land in the market and instead focused on developing the land it already had, preparing to complete development tasks ahead of schedule.

Villa 20 Severn Road.

This is Luo Qihong's private residence, which he acquired from Swire Properties. After a year of renovation, he just moved in.

In the previous life, the owner of this villa was Ma Qingwei from Dasheng Real Estate Company. Although he was no longer involved in scandals with Kwan Ka Wai, he could not escape the fate of divorce from his original wife. At the same time, his scandals with other Miss Hong Kong were also a hot topic, making him one of Hong Kong's playboys.

Such a person certainly cannot be compared with Luo Qihong. After all, Luo Qihong is of the entrepreneurial generation, and Ma Qingwei is the successor. Dasheng Real Estate and Dasheng Bank are not as good as Luo Qihong's Zhaoan Real Estate Company, not to mention Dehe Real Estate Company, China Gas Company and many other industries.

"The Kashima Building is worth HK$11 billion, so the Wan Chai Building I own should also be worth HK$7 to 8 million?" Guan Jiahui was holding a newsprint and laughing.

Li Jiaxin, who was standing by, felt aggrieved. She walked to Luo Qihong with her son Luo Zhimin in her arms and threw him to him, "Why? Was I late for entering? Didn't you say you would make it up to me?"

Li Jiaxin and Guan Jiahui met in the first half of 89. They have known each other for a year now. Their relationship is not good and they are always competing for each other's favor.

The two most beautiful women in Hong Kong are still as greedy for money as they were in their previous life and are enemies to each other, but their target is Luo Qihong.

"Take your time. Haven't you heard of the phrase 'latecomers prevail'? Don't worry, I won't let you suffer any loss." Luo Qihong teased Luo Zhimin.

Li Jiaxin basically can't escape now that she has a child, so Luo Qihong won't care too much and also wants to temper Li Jiaxin's temper.

"Hmph! No, I'm in a hurry and can't lose." Li Jiaxin turned her face away, looking sulky.

Seeing this, Guan Jiahui came over with a smile and said, "She can't lose, and neither can I. If I lose, I will go find the boss (Bai Jinyan). The assets there are much better than mine."

Guan Jiahui clearly wanted to threaten Bai Jinyan by asking for more assets and properties. Of course, she would have to pay for them, but it would be very cheap.

If this was done, Luo Qihong's backyard would definitely catch fire.

So Luo Qihong comforted the two and said, "No one wants to lose, so let's have a tie, or you can compete to see who has better business acumen."

"Let's compete, who's afraid of who? Everyone in Hong Kong knows that the second wife of the Luo family is an investment idiot." Li Jiaxin responded to Guan Jiahui.

"You are the idiot. My company's assets are already over ten billion Hong Kong dollars, twice as much as yours. And you still dare to say that I am an investment idiot?" Guan Jiahui cursed angrily.

"Okay, Second Madam and Third Madam. We can have a competition. No need to bicker." Luo Qihong hurried out to calm the situation.

"How do we compete?" the two women asked in unison.

"I will give each of you 1 million in cash, and you can invest it yourself, using anyone you want."

"Okay, no problem for me!" Guan Jiahui said proudly.

"She's fine, and so am I."

"OK! We agreed that you are not allowed to secretly transfer money into your own account and treat it as investment profit. Once discovered, the other party will be the winner." Luo Qihong smiled faintly.

It is worthwhile to use 2 million to settle family conflicts. Guan Jiahui was smarter than Li Jiaxin. She immediately hugged Luo Qihong's arm and whispered in his ear, "Ah Hong, you are an investment tycoon. Which project do you think will have the highest return rate? Stocks or real estate?"

Although she spoke in a low voice, Li Jiaxin still heard it, and quickly hugged Luo Qihong's other arm, pouting and saying, "I heard it. You can't help me, but you can help me."

Luo Qihong smiled and said, "I'll give you a few options. You can adjust the investment amount yourself."

Luo Zhimin drooled while laughing, then crawled towards Guan Jiahui. Guan Jiahui raised her eyebrows and picked up Luo Zhimin, "Come, Second Mommy will play with you for a while. Your mommy is too mean. She doesn't want you for money."

Li Jiaxin reacted quickly and immediately stood up to take back Luo Zhimin, "This is my son, your son hasn't come back yet."

"Who cares? I have a son too."

"If you don't want to choose anymore, then I'll save my energy." Luo Qihong said.

"I want it!!" the two responded together.

"In the next few years, the property market in Hong Kong will not fall. Commercial buildings in Central are naturally the best choice, followed by Wan Chai, Tsim Sha Tsui and Tsim Sha Tsui East. I think the shopping malls and commercial buildings in Causeway Bay are also good projects. As for industrial buildings in Hong Kong, there is not much hope, so it is better not to touch them."

Luo Qihong analyzed, "If the real estate market is booming, the stock market will not fall, and the Hang Seng Index will rise rapidly. The share prices of real estate companies will be the first to be affected. However, I think the stocks of Hong Kong Telecom and Electric Light Company will have a good increase, especially Hong Kong Telecom."

"What if I list my real estate company? Will I make more money?" Guan Jiahui finally had some business sense.

Speculating in real estate makes small money, but the bulk of the money comes from the stock market, taking money out of the pockets of stock investors.

"It's up to you. I want to remind you that listed companies are difficult to control and can easily attract the covetousness of others." Luo Qihong was not very in favor of the company going public.

Because to put it bluntly, a company's listing is to raise funds for development and use shareholders' money to grow bigger.

However, Guan Jiahui has him as her backer and has no shortage of money, so there is no need for her to go public.

"You don't agree?" Guan Jiahui asked softly, not caring about Li Jiaxin's thoughts.

So Luo Qihong explained a little, but seeing that Guan Jiahui still wanted to own a listed company, he said, "Why don't you two invest together to acquire a listed company, and you can be bosses together, so that I can help you take care of it."

Hearing this, Li Jiaxin said excitedly, "Okay, when will the acquisition be made?"

Guan Jiahui curled her lips. She was making things difficult for Li Jiaxin, but she also knew that this was the best option.

"Okay, how big a company do you want to acquire? And who will be the chairman of the board?"

"I suggest you acquire a listed company with a market value of 3000 to 5000 million. One of you can be the chairman of the board and the other can be the general manager. This is fair." Luo Qihong suggested helplessly.

Guan Jiahui immediately understood what Luo Qihong meant and said with a smile, "I will be the chairman of the board, and the third brother will be the general manager."

"No, I want to be the chairman of the board." Li Jiaxin objected reflexively. She felt that Guan Jiahui's choice was the best.

"Okay, then I will be the general manager and executive director of the board of directors." Guan Jiahui quickly agreed.

Li Jiaxin was a little bit stupid, but she also reacted at this time, "You are tricking me!?"

"Well, then you will have the same equity, so there will be no one taking advantage." Luo Qihong tried to smooth things over, "Your competition platform is the 1 million."

"Brother Hong is right, I must beat you." Li Jiaxin shouted.

Guan Jiahui certainly would not admit defeat. "Come on, I won't lose to you."

Luo Qihong shook his head. It was difficult for an honest official to settle family disputes. He could only live with the muddle.

(End of this chapter)