Hong Kong 1980: The Savage Era

Chapter 65【Continue to acquire?】

Luo Qihong believes that Yan Chengkun's family will definitely take countermeasures, such as starting from departments that play a big role, such as the China Securities Regulatory Commission. Of course, this will be done by hiring professionals.

In the original history, Athlone did not succeed in acquiring China-Pakistan Company, and was only 7% away from the target equity. However, the company made a profit of 3 million yuan by emergency selling.

Luo Qihong did not think that the stock price would rise much more. The price of 38 yuan per share was already not low. So he called Zhang Taotao from the trading hall of HSBC and Xiao Yuanrang from Sun Hung Kai Securities and asked them to help him go to Asia Securities to register the sale of all China-Pakistan shares under the name of individuals and companies. Of course, he would also give them a certain amount of travel fee.

In fact, Zhang Taotao and Xiao Yuanrang were somewhat puzzled as to why Luo Qihong was so anxious to sell off China-Pakistan shares. According to the progress and development of previous acquisitions, the two parties would most likely engage in the next round of competition to acquire shares. Why didn't Luo Qihong even want the money?
Luo Qihong remembered that in the records of his previous life, the Yan Chengkun family never announced their acquisition from beginning to end, and there should not be much of a reversal in this life. Instead of waiting for changes, it is better to sell them quickly and recover the funds for other investments.

At about 10:14 in the morning, Xiao Yuanrang called first and asked Luo Qihong to go to Sun Hung Kai Securities to handle the sale of China-Pakistan Company's shares to Athlone. This was to complete some procedures such as authorization documents and confirmation letters, which could be regarded as completing the procedures.

Sun Hung Kai Securities Company Small Reception Room

Xiao Yuanrang had a stack of documents on the table in front of him. He picked them up and flipped through the first pages one by one, then handed them to Luo Qihong and said, "Mr. Luo, this is the authorization letter, and this is the confirmation letter."

After Luo Qihong signed all the documents, Xiao Yuanrang began to report the profit of the China Bus acquisition. "Mr. Luo, Paramount Restaurant Company invested 1 million yuan and bought 17.8 shares of China Bus Company at 5.6 yuan per share. The average selling price was 38 yuan per share. After deducting various expenses, the funds recovered were 208.544 million yuan, and the profit was 113.12 million yuan, with a return rate of more than 113%."

"Congratulations, Luo Sheng! You have made a profit of over 1 million! Which stock should you invest in next?"

Luo Qihong smiled and said, "This is the company's investment and profit, not mine, so you don't have to congratulate me. What is the current share price of the Carrian Group and Hang Lung Company?"

"The share price of the Jianing Group is 21.4 yuan, and the share price of Hang Lung Group is 10.7 yuan." Xiao Yuanrang replied.

Luo Qihong thought about it and decided to buy both stocks at the same time. "Mr. Xiao, help me buy 5 shares of Jianing Group, and I will buy the rest in Hang Lung Company."

"Okay, Luo Sheng!" Xiao Yuanrang said.

"I would also like to trouble Mr. Xiao to produce a certificate proving that Paramount Company made a profit from the acquisition of China-Pakistan Company. Paramount Company needs this certificate to increase its share price." Luo Qihong went on to say that such good news could not be left out for publicity in the newspaper.

"Okay, Luo Sheng, please wait a moment." Xiao Yuanrang nodded, turned around and went to handle the matter.

An hour later, when the market was about to close, Xiao Yuanrang came over with a pile of documents, some of which needed Luo Qihong's signature.

"Mr. Luo, the 208 million yuan of Paramount Company has been used to buy 5 shares of the Carrian Group and 9.4 shares of the Hang Lung Company. Here are the certificates," said Xiao Yuanrang.

"Thank you for your hard work, Xiao Sheng!" Luo Qihong took out a few banknotes from his pocket, stuffed them into Xiao Yuanrang's pocket, then left with the things.

After lunch, Luo Qihong took a short rest and waited for the HSBC trading hall to open. Then he walked into the trading hall to look for Zhang Taotao.

"Mr. Luo, let me report to you about the stock investment of China Bus Company. You hold 37 shares of China Bus, which you bought in three batches. The first time you spent 376 million yuan, the second time you spent 113.16 million yuan, and the third time you spent 120 million yuan. The total cost was 609.16 million yuan, and the selling price was 38 yuan per share. After deducting taxes, handling fees, etc., you recovered 1377.88 million yuan, of which the profit was 768.72 million yuan, with a return rate of 126%." Zhang Taotao reported.

Luo Qihong suppressed his joy and said, "Okay! Can you please, Mr. Zhang, transfer 9 million to my personal account?" "OK! I'll do it later. Does Mr. Luo have anything else to do?" Zhang Taotao asked.

Luo Qihong thought for a moment and responded, "I heard that Henderson Lighting Company's Henderson Lighting Real Estate is preparing to go public in June. I wonder if Mr. Zhang can help me get some new shares like he did before?"

Before the stock is listed, releasing news first to stir up the hype and thereby increase the stock price is a common tactic used by business owners and is also one of the most effective ways.

Zhang Taotao thought for a moment and responded, "I've heard about this, too. Henderson Land Development will issue 2.5 million new shares, with a par value of 2 yuan per share. The public offering price is 4 yuan, raising 10 billion yuan. With such a large number of new shares being issued, I should be able to get some for Luo Sheng. I will try to get 1 million new shares for Luo Sheng."

With Zhang Taotao's promise, Luo Qihong smiled. One million new shares were only worth 1 million yuan, which could be raised by selling the shares of Sino Real Estate Company. "Thank you, Mr. Zhang."

Luo Qihong took out another check from his pocket, handed it to Zhang Taotao, and said, "This is my hard work fee to Mr. Zhang. Mr. Zhang has been helping me operate the stock market for so long, and you deserve it."

Zhang Taotao's face froze for a moment, then he took the check and saw the words on it were 10,000 yuan. He came to his senses and hurriedly thanked him, "Thank you, Mr. Luo!"

"It's just a small thing! If Mr. Zhang really wants to thank me, just help me get more new shares of Henderson Land Development Co., Ltd." Luo Qihong said with a faint smile.

"Okay! I will definitely get new shares of Henderson Land Development Company for Luo Shengduo." Zhang Taotao said.

Luo Qihong had heard of the name of Henderson Lighting Company in his previous life. Although the market value of Yongtai Construction Company, a listed company owned by Li Zhaoji, was 10 billion yuan, its scale was only 20% of Henderson Lighting Company and it could never replace Henderson Lighting Company. Therefore, Li Zhaoji planned to inject most of Henderson Lighting Company's assets into its subsidiary Henderson Lighting Company, which was established in 76.

This company was very sharp and lived up to Li Zhaoji's expectations. In the previous life, it took only half a year for its market value to reach 35.2 billion yuan by the end of the year, ranking 7th among Hong Kong's listed real estate companies.

According to Luo Qihong's budget, this stock will rise to 10 yuan per share, so he can make 1.5 times the profit, which is a huge profit.

After leaving HSBC, he went to Huoduoli Company and repaid the mortgage loan of 850 million yuan and released his 49% shares of Paramount Restaurant Company. It was not until this moment that Luo Qihong felt that Paramount Restaurant Company truly belonged to him.

"Mr. Liang, can you do me a favor?" Luo Qihong said with a smile.

Liang Botao was very alert and smelled a business opportunity, so he said, "We are friends, of course."

Hearing this, Luo Qihong took out a piece of paper from his pocket and handed it to Liang Botao, "Mr. Liang, please help me collect detailed information about these five companies. As detailed as possible."

After receiving the list, Liang Botao took a closer look and found Weiyi Real Estate Co., Ltd., Zhaoan Real Estate Co., Ltd., and Xinchang Real Estate Co., Ltd.
After thinking for a while, Liang Botao asked, "These five companies seem to be well-run enterprises. Luo Sheng wants the Paramount Restaurant Company to acquire one of them?"

Liang Botao knew a lot about the situation of the Paramount Restaurant. Although it had escaped the crisis of liquidation, the situation was still not optimistic. This was because it was not enough to just sell assets to repay debts. If it wanted to truly restructure its assets, it would need to inject or raise a large amount of funds. Therefore, it was unlikely for the Paramount Restaurant to acquire any company.

But when Luo Qihong took out this list, Liang Botao couldn't think of any other use for it except acquisition.

(End of this chapter)