Hong Kong 1980: The Savage Era

Chapter 5 005 [Rich Hotel earns 10 in half a year]

Wait until the real estate market crashes before buying?
It is indeed a good idea, but the uncle doesn’t know that if the price really rises to 500 yuan per foot, the uncle will want to stab his thigh with a knife.

A few minutes passed, and the uncle said, "I'm planning to buy a house of about 700 square feet, preferably with three bedrooms and a living room."

Luo Qihong turned around to get the information and said with a smile, "Our company has a lot of houses like this. I'll show you the information first."

The uncle flipped through the houses for more than ten times and set his eyes on two or three houses, so Luo Qihong took him to see the houses and contacted the owners at the same time.

The selected houses are all over 600 and close to 700 square feet. This type of house has an area of ​​about 66 square meters, with a layout of three bedrooms and one living room. The rooms are naturally pitifully small and can only accommodate a bed and a desk.

However, for the citizens of Hong Kong, it is already a good choice, much better than those residents who live in tin houses, such as those in Kowloon Walled City.

The uncle was very straightforward. When he saw that the house was suitable, he immediately took the homeowner to the law firm to sign the contract. As for the check for the down payment, the uncle had already prepared it.

Finally, on the 24th, Luo Qihong made his first big deal on his own. The commission was 1725 ​​yuan, but he could only get 345 yuan.

In the early 80s, the average wage of workers in Hong Kong was only around 800 yuan. Luo Qihong could earn nearly half a month's salary for the working class from one business deal, which was already very good.

After returning to the store, Luo Qihong directly handed over all the commissions to Lin Luoqi, and Lin Luoqi returned 345 yuan of them to Luo Qihong because Lin Luoqi knew that Luo Qihong had used up all his money on stock market investment.

On the afternoon of the 25th, Luo Qihong came to the trading hall of HSBC Bank and saw on the blackboard that the share price of Jianing Company had risen to 16.1 yuan. He quickly found Liang Botao and asked him to help sell Jianing Company's shares.

"Mr. Luo, all your stocks were sold at the price of 16.2 yuan. After deducting taxes and handling fees, you made a profit of 5052 yuan and recovered 10932 yuan," Liang Botao reported.

"Mr. Liang, what is the current stock price of Yongchangsheng Real Estate Company?" Luo Qihong asked Liang Botao.

Liang Botao was a little puzzled. He didn't have much impression of this company and guessed it should be a small company. Could it be that Luo Qihong had a strong background? Did he know some unknown inside information?

So Liang Botao searched the blackboard and didn't find the words "Yongchangsheng Real Estate Company", so he went to the inner office again, "Sorry, Luo Sheng! I need to check it before I can make a quote."

Ten minutes later, Liang Botao reappeared, "Mr. Luo, the share price of Yongchangsheng Real Estate is 8 cents, and there has not been a significant increase."

"Yeah." Luo Qihong nodded. In his previous life, the Eagle Properties Company acquired Yongchangsheng Real Estate because of the low stock price. They could buy it at a low price and invest less money.

If your capital is only 1 yuan, even if you buy it, you won’t make much profit for the time being.

"Mr. Liang, I heard that HSBC's Wardley Company assisted Eagle Properties' Regal Hotel in going public. I wonder if you can help me get some subscription shares?"

Liang Botao is a small trader and is unlikely to have any connection with the Huoduoli Company, but what if? Wouldn't it be possible to make more money?

On October 10, Regal Hotels was officially listed and sold new shares to the public, issuing 2 million shares at a par value of HK$1.9, raising a total of HK$1.6 million to build the Regal Hotel Tsim Sha Tsui East and the Regal Airport Hotel.

The Eagle Properties Group has always had a good reputation in Hong Kong. Luo Qihong guessed that there would be many people who wanted to buy the new shares, and he might find it difficult to get the purchase certificate on the spot.

Liang Botao was silent for a moment, "I can help Luo Sheng to give it a try, but I may not be able to get the new shares."

"Thank you very much, Mr. Liang." Luo Qihong said with a smile.

With the help of insiders, at least there is one more reliable hope. There are still several days left. If Liang Botao can't get it, Luo Qihong will go to the scene to try his luck.

Back in North Point, Lin Luoqi was drowsy on the sofa, with the sun shining just below his nose.

Hearing the noise, he opened his eyes, saw that the person coming was Luo Qihong, and closed them again, but opened his mouth and said, "There shouldn't be much business today, you can leave work early."

Luo Qihong said in a nonchalant manner, "Wait a little longer, maybe there will be business. If you are sleepy, go back first, I will stay until dark."

Lin Luoqi thought for a moment and said, "Okay! Leave one person to look after the store, and I'll go back first."

Lin Luoqi was not vague at all. He stood up, waved his hand, opened the door and left.

Luo Qihong knew that there was a high probability that Lin Luoqi was playing around. He was an employee, so of course he knew his boss's thoughts, so how could he leave work before his boss?

Just as Lin Luoqi said, no customers came for more than an hour, so Luo Qihong had to close the shop and go home.

In fact, Luo Qihong hated taking a boat (the undersea tunnel from North Point to the Yau Tong Industrial Area was not officially included in the Hong Kong government's plan), and it was a small boat of the Meng type, which was like a tractor when it was started, with loud noises and violent shaking.

But there is no way, because the distance from the Causeway Bay Undersea Tunnel to Kowloon Bay is more than twice as long.

It was 7:, which was exactly the Luo family’s dinner time, and Luo Qihong arrived in time.

It's good to have some money, but if you don't save it, how can you increase your investment capital?

Dinner table

Mother Lin Ya picked up a piece of braised pork and handed it to Luo Qihong. She said in a serious tone, "Someone saw you selling houses in North Point. Are you working in Wan Chai or are you a local real estate agent?"

Luo Qihong's heart skipped a beat and he looked a little flustered. He was thinking about how the original owner would answer while organizing his words. After a long while, he finally admitted, "I work in North Point. I have earned 2000 yuan in the past two weeks. It may be better than working in Wan Chai."

"We saved money to send you through college, so that you can become a real estate agent? If you had known this would be the case, you could have become an agent right after graduating from preparatory courses. There would have been no need to waste this money." Lin Ya's temper began to flare up.

Luo Qihong was a little scared. The deterrent power was a bit strong, but his experience in his previous life made him calm down quickly. He tried hard to replay the original owner's memories in his head, trying to find a way to crack it. Unfortunately, the original owner's memories contained nothing but fear.

Luo Qihong was quite speechless. Since the original owner was unreliable, he had to do it himself.

"Mom, I have a dream. I want my family to live in a big house and move out of Kowloon Bay." Seeing that Lin Ya's face was still ugly, but she didn't interrupt him, Luo Qihong guessed that it worked. "Give me a year. If I can't make 30 yuan, I will go to work honestly. Is that okay?"

"30 yuan?! Do you think it's 30 or 300 yuan?" Looking at Luo Qihong's determined eyes, Lin Ya still felt sympathy, "I can't give you a year. I can only give you half a year. You have to earn 10 yuan in half a year. If you can't make more, you have to go work."

Luo Zegui thought for a long time and finally said, "It's okay to earn 5 yuan in half a year. 5 yuan is not a small amount."

"Just 10 yuan, no less." Lin Ya didn't give Luo Zegui any face and made the matter final.

Seeing this, Luo Qihong didn't want to bargain, "Okay, I will have 4 yuan in savings by April next year."

(End of this chapter)