Hong Kong 1980: The Savage Era

Chapter 466 468 [Let Big Brother Rest for a While]

After the Spring Festival in 91.

Weimon Investment and Gaokai Real Estate commissioned Sun Hung Kai Securities to acquire Shengyun Real Estate, announcing that it would be done at HK$21 per share and already holds 31% of the shares of Shengyun Real Estate.

Many investors were slow to realize this until the media reported that Shengyun Real Estate Company was the company of Luo Qihong's elder brother Luo Qixing. Only then did investors become very interested and began to buy and sell Shengyun Real Estate Company's stocks in large quantities.

At the same time, Gao Kaiquan and Zhong Wei asked the media to disclose the conflicts within the Luo family, such as the discord between Luo Qixing and his wife due to their affair, and Luo Qihong not holding shares in Shengyun Real Estate Company.

Since Luo Qixing suffered losses in his investment projects, his private funds were now in short supply. So when he heard that someone was going to acquire Shengyun Real Estate Company, he immediately found Luo Qihong, hoping to get help.

Zhaoan Group Office.

Luo Qixing and Chen Yusan came together to see Luo Qihong.

Even though couples have conflicts, they do not want their family property to be taken over by others and for them to become supporting roles.

"Brother and sister-in-law, don't panic. We are very familiar with Weimon Investment Company and have had some cooperation before. In addition, with Ah Hong's reputation, the other party may not be very confident about the acquisition." Bai Jinyan said with a smile.

There was a rift between the couple. Luo Qixing did not trust Chen Yusan very much and felt that his own incompetence was insufficient, which led to the current situation.

It can be said that Luo Qixing is entirely responsible for this.

"The market economy still has to abide by the rules. This time we want you to help us with a counter-takeover, is that okay?" Chen Yusan said straight to the point.

Luo Qihong calmly analyzed and said, "It's not that I don't want to help, but you have to know that once I intervene, Shengyun Real Estate's stock price will rise sharply, at least 30%. This amount of money is not a small number."

He could help, but he had to teach Luo Qixing a lesson. It would cost a great price to have made the situation what it is now for the sake of a scheming woman.

"Then lend us 3 million for a counter-takeover." Luo Qixing still didn't quite accept the lesson.

Luo Qihong didn't indulge him. "You can ask the bank for a loan. The market is good now. The bank should be willing to lend. If not, I can act as a guarantor."

Seeing this, Chen Yusan's eyes suddenly changed and became flickering, and she began to understand what Luo Qihong meant.

Luo Qixing remained tough. He said okay and found an excuse to leave.

"Sister-in-law, let brother go back first. I have something to talk to you about." Bai Jinyan tried to keep Chen Yusan at the suggestion of Luo Qihong.

In Bai Jinyan's office.

The two of them hadn't chatted for a few words when Luo Qihong walked in.

"Sister-in-law, is it that woman who is causing trouble?"

Chen Yusan was slightly stunned, then shook her head and said, "I'm not sure, but it's very likely."

"We still had 43% of the shares before. I don't know when your eldest brother asked Dad to transfer the shares back."

Chen Yusan explained the whole story in detail. If she said that there was no woman instigating it behind the scenes, Luo Qihong and Bai Jinyan would never believe it.

Luo Qihong felt that it was not a big deal that Luo Qixing had a mistress, but there were some things that one had to take the lead in and not be manipulated by others. However, Luo Qixing did not have such awareness.

In fact, everything Luo Qixing has was obtained by Luo Qihong. His ability is too weak to support a listed company.

Without Chen Yusan's assistance, Luo Qixing would have been cheated by outsiders and nothing would have been left.

"Brother, you've gone too far. Everything you've done before is in vain." Luo Qihong looked at the expression on Chen Yusan's face and continued to comfort her, "I support whatever you want to do." Chen Yusan's eyes flashed with a light, "I want to control more shares. That woman should want to get in, or even take over Shengyun Real Estate."

"How about this, I will handle the equity issue myself. After defeating the enemy, I will convene a board meeting of Shengyun Real Estate Company. Big brother will still be the chairman, but you, sister-in-law, will be the general manager." Luo Qihong was still a little wary, and Chen Yusan was also ambitious.

"All the senior executives of Shengyun Real Estate Company should be cleared out without mercy. It's time for you to take a rest, big brother. You will have to work harder in the future, big sister-in-law."

Chen Yusan's expression was not so ugly anymore. With Luo Qihong's support, her status in the company and in the family would only improve, and she would be able to become more powerful in the future.

After Chen Yusan left, Bai Jinyan, who had been silent for a long time, finally spoke up, "Did I treat my brother too harshly?"

Luo Qihong sighed and said, "Why is he so cruel? It's not like I didn't give him a chance, but he didn't cherish it and just believed in that woman. If he continues to do this, his position as the eldest sister-in-law will soon be lost, and the family scandal will spread throughout Hong Kong."

"Forget about the scandal. Every wealthy family has scandals. It's no big deal. It's just that my brother's ability is not enough to support Shengyun Real Estate Company. That woman is only good at small schemes and can't achieve anything big. So Shengyun Real Estate Company still depends on my sister-in-law."

"Indeed! Big brother's ability is not that good." Bai Jinyan echoed.

In fact, Bai Jinyan was not speaking for Luo Qixing, but was testing how determined Luo Qihong was.

Bai Jinyan saw her own situation in Chen Yusan, so she hoped that Luo Qihong would give her a good answer, and this answer had to be very solid.

"Aren't you afraid that your sister-in-law will take over Shengyun Real Estate?"

Luo Qihong smiled and said, "What is there to be afraid of? If I can build a Zhaoan Group, I can sink a Shengyun Real Estate. Chen Yusan is a smart person and will not take risks. And I have made it clear that the eldest brother's family business will only belong to them and their son. Isn't it good to be a powerful prime minister? Do you have to be the Queen of England like a Bodhisattva?"

Bai Jinyan finally felt relieved. Luo Qihong was still as shrewd as before and would not do anything that would be detrimental to the family.

That afternoon.

Dehe Real Estate Company announced that it would join Shengyun Real Estate Company's anti-takeover case and acquire shares at a price of RMB 25 per share until it acquires 10%.

Such a straightforward announcement caused an uproar. The share price of Shengyun Real Estate Company rose to 25 yuan within an hour, and its market value rose to 25 billion Hong Kong dollars.

Near the closing of the market, Sun Hung Kai Securities announced that it would increase the acquisition price to HK$28, shocking the market.

In just one day, the share price of Shengyun Real Estate Company rose by 7 yuan, an increase of more than 3%.

Based on past experience with acquisitions, small shareholders will naturally not give up their chips easily, but will just wait for both parties to increase the stock price.

Sun Hung Kai Securities meeting room.

Feng Yongxiang, Gao Kaiquan and Zhong Wei gathered here, their faces filled with joy.

Luo Qihong personally took part in the event, and the stock price was higher than expected, so the profit was of course greater.

"Mr. Gao, Mr. Zhong, I personally suggest that you start selling Shengyun Real Estate's shares tomorrow. The reason is that Luo Qihong will not just buy shares in the market, his real purpose is to find the major shareholders." Feng Yongxiang said, "Once Dehe Real Estate Company holds 10% of the shares, the acquisition will be over, and the stock price will drop precipitously."

Gao Kaiquan and Zhong Wei looked at each other, and Zhong Wei said, "We understand what Mr. Feng means, but our reserve price is 30 yuan per share, and we believe that it will rise to 30 yuan in the first half of tomorrow morning."

"Do you two mean to start selling when the price reaches 30 yuan?" Feng Yongxiang asked clearly.

"Yes! 30 yuan! Luo Qihong has always been a quick-decision person, and the Luo family has a considerable advantage. If we delay for too long, it will definitely be disadvantageous to us." Gao Kaiquan said.

(End of this chapter)