Hong Kong 1980: The Savage Era
Chapter 464 466 [Anything can be fried]
Chapter 464 466 [Anything can be fried]
In fact, many wealthy American families have already sunk to the bottom of the water and manipulated everything behind the scenes, and he follows this principle even more.
Moreover, the financial industry in the United States is the most developed and is the best way to make money. He also has the memory of his past life, so he doesn't need such a big name.
After staying in New York for more than half a month, Luo Qihong flew back to Hong Kong to handle the group's affairs.
The group is now huge and powerful. Even if power is delegated to the group's top management and Bai Jinyan, there are still some matters that must be handled by Luo Qihong personally. After all, the final authority is still in his hands.
During the more than half a month in the United States, Luo Qihong mobilized another $1 million in funds to purchase the S&P 500. This investment was more cautious, with no leverage used, and only a purchase of $1 million.
According to my memories from my previous life, there would be no problem doubling this investment money.
Entering 91.
The Hang Seng Index rose to 3100 points. Investors saw hope and rushed into the stock market to make money, believing that this was another bull market.
Of course, this is also a real bull market.
Hong Kong people not only like to speculate in real estate and stocks, but also in other things, such as club licenses, taxi licenses, and stamps.
There is a widespread speculation trend in society. Citizens all think that speculating in real estate and stocks is better than working for a job. As long as the prices go up a little, they can earn a year's income by reselling them. It is also very exciting, and the gambler's mentality is very addictive.
Moreover, everyone wants to get something for nothing. Working to make money is too hard, so it is better to make more money quickly by speculating in real estate or stocks.
If this trend is not curbed, Hong Kong's economy will inevitably decline. Of course, this is not something Luo Qihong can interfere with.
Luo Qihong's wives, both of whom are married, are speculating in stocks and real estate. Other wealthy families, such as Zheng Jiachun's wife, are also speculating in stocks and real estate.
Bai Jinyan was very cunning. He used his power in the group to make his private real estate company an agent of Zhaoan Real Estate Company. In just one year, he acquired more than 350 residential units, which were worth 3.5 million yuan at the time. He made tens of millions of dollars in one go.
Of course, Bai Jinyan did not dare to go too far and only took away a few percent of the real estate development of Zhaoan Real Estate.
Guan Jiahui also wanted to join the market as an agent, but was stopped by Luo Qihong. The reason was simple: it would be embarrassing if the news got out.
Luo Qihong had no shortage of money-making projects, so he personally led Guan Jiahui and others to work on the projects.
Repulse Bay mansion.
As soon as Luo Qihong arrived at the door, he heard voices coming from inside the room. It sounded like Wu Guofang and Li Jiaming.
"Ah Hong is back." Wu Guofang greeted him with a smile. The son-in-law in front of her was so impressive, definitely the richest man in Hong Kong.
"Just got off work." Luo Qihong smiled and nodded, "What are you talking about? You look so happy!"
He noticed Li Jiaming and his wife sitting together. Li Jiaming's husband was in the optical glasses business and was worth tens of millions. Although he was not as wealthy as Li Jiaxin, it was rare for someone to be willing to marry an ugly woman like Li Jiaming.
With tens of millions of dollars in assets, he can find any woman.
"Let's talk about family matters." Wu Guofang answered first.
"How is Mr. Gu's (Gu Yiyong) business recently?" Seeing that Li Jiaming's husband Gu Yiyong was a little nervous, Luo Qihong took the initiative to bring up the topic.
"It's okay, but the sales in the mainland are somewhat blocked." Although Gu Yiyong is nominally his brother-in-law, he doesn't dare to act arrogantly in front of Luo Qihong. Instead, he is a little nervous.
Luo Qihong smiled and said, "The mainland's economy has entered a high-speed track. It is a good strategy to occupy the market first. Mr. Gu will make a lot of money in the future."
As long as the mainland's economy picks up and people become richer, the sales of glasses will only rise sharply.
Of course, optics is not just about glasses, there are other lenses, etc., and the market is equally huge. Li Jiaming is a very smart man, and he took advantage of the opportunity to say, "But now we are not making money, and we are half dead. Ah Hong, you are a financial and real estate tycoon, can you take my husband with you?"
Luo Qihong did not answer immediately, but turned to ask Li Jiaxin, "What do you think?"
Li Jiaxin and Li Jiaming have a very good relationship, and since there is a big gap between them, it is natural for them to want to help their sister.
"If you're not busy, you can take care of your brother-in-law. We're all family."
"Okay, I'll listen to my wife." Luo Qihong agreed politely, "What industry does Mr. Gu want to work in? I don't have much experience in the optical industry."
"Real estate, is that okay?" Li Jiaming's eyes lit up. This was a great opportunity for further development.
"Of course, but this is a high-risk industry, not as stable as the optical industry." Luo Qihong glanced at Gu Yiyong and then said, "Mr. Gu, do you plan to work with your family or go it alone?"
Speaking of this, Gu Yiyong fell silent. This seemed to be a difficult problem.
"There's no rush. Jiaxin also has a real estate company. It will be the same if we follow Jiaxin." Luo Qihong smiled faintly.
It is easier for the two sisters to talk to each other, so Luo Qihong has little contact with Li Jiaming and his wife.
Li Jiaming touched Gu Yiyong with dissatisfaction. Li Jiaxin turned to Luo Qihong and asked, "The stock market is doing very well recently. I want to invest in stocks. What do you think?"
Li Jiaxin and Guan Jiahui are both women who love money. Now they have had some changes in their thinking and want to make money by themselves instead of snatching money from men.
This was a good thing for Luo Qihong, as it gave the two women something to do so they wouldn't have to be so clingy all the time.
"Okay, how much capital do you want to invest?" Luo Qihong asked with a smile.
"3 million, is that enough?" Li Jiaxin didn't have much business acumen, but she knew how to use her advantages to obtain information.
"There's no question of whether the investment funds are enough. 3 million is not a small amount." Luo Qihong said with a smile, "Sister Jiaming, do you want to chip in? We may make a lot this time."
Hearing this, Li Jiaming's eyes widened. "I want to invest 3 million. Which stock should I buy?"
If you want Li Jiaxin to behave well, you need Li Jiaming to say some good things about her, otherwise the backyard will be unstable.
That's why Luo Qihong wanted to help Li Jiaming make some money. After all, there is so much money in the stock market, so there is no problem in sharing some of it out.
"Sino Properties and Sino Land will all see small increases. If you want to make more money, you should still buy stocks of small and medium-sized real estate companies."
"What are the goals of small and medium-sized companies?" Li Jiaming was still a little bit curious.
So, at the dinner table, Li Jiaming and Li Jiaxin were asking questions, but Gu Yiyong remained silent, as if he was writing down the names of those companies.
Li Jiaming and his wife also lived in Repulse Bay, so they returned very late, already eleven o'clock.
Luo Qihong was so patient in helping them make money, so Li Jiaxin naturally repaid Luo Qihong with great effort that night.
Not to mention the wealth of the Luo family, Li Jiaxin's nominal wealth alone is as high as HK$13 billion, which ranks her among the top 30 richest women in Hong Kong, and is a big gap from Gu Yiyong's family.
After all, Gu Yiyong's family assets are only a few hundred million Hong Kong dollars.
(End of this chapter)
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