Hong Kong 1980: The Savage Era

Chapter 75 [I will report him if I am found out]

Luo Qihong naturally noticed some of Yan Leduo's ideas, so he built a defensive wall. It was a simple matter to take an extra precaution, but it could avoid certain troubles in the future.

Yan Leduo is a slippery person like a loach. Luo Qihong is always very cautious when dealing with him, fearing that he might be cheated.

Of course, the things that were snatched from Yan Leduo and his group were given to Guan Jiahui. Luo Qihong really didn't have much time to do these things, and he no longer cared about the commissions.

When Guan Jiahui came to work, Luo Qihong told her that if Yan Leduo brought the information of those properties, she had to accept it first and find a suitable buyer. The commission would naturally be calculated according to the original commission, and there would be no rebate.

Guan Jiahui was very happy. Once the commission returned to normal, she could earn more money. If she gave it to Luo Qihong to trade stocks, the money could be doubled or tripled in a short period of time.

HSBC Trading Room

"Mr. Luo, the share price of Sun Hung Kai Properties has risen to 8.6 yuan, and the growth trend is similar to that of other real estate companies." Zhang Taotao's voice was heard in the reception room.

Luo Qihong sat in his office chair and nodded slightly, "Then please help me sell all the shares of Sino Real Estate."

"Okay, Mr. Luo! Please wait for an hour or two. Someone will take over the 60 shares soon." Zhang Taotao said.

About 70 minutes later, Zhang Taotao walked in quickly. "Mr. Luo, your 60 shares of Sino Real Estate have been sold. The average selling price is 8.6 yuan. After deducting various expenses, the funds recovered are 505.68 million yuan, of which the profit is 385.68 million yuan, and the rate of return exceeds 320%."

"We are almost ready to pay the $150 million required for Henderson Land Development to subscribe for 600 million shares, but Luo Sheng still needs to inject $95."

Luo Qihong nodded, took out a check, handed it to Zhang Taotao, and said, "This is a check for 1 million, which should be enough to pay for the subscription fee of Henderson Land Development Company."

Zhang Taotao took the check and said, "Mr. Luo, the Kowloon Motor Bus Company stock you bought has been a bit abnormal in recent days. The rise is very different from before. The current Kowloon Motor Bus Company stock price has risen to 4.7 yuan. There are several accounts in the stock market that are secretly buying up scattered shares. The acquisition should be about to start."

Luo Qihong knew what was going on, so he said, "Okay, please continue to help me keep an eye on it, Mr. Zhang. If there are any signs of a takeover, please call me immediately."

He wanted to use Zhang Taotao's position as a bystander to examine the direction of the incident and determine how to proceed.

Office of the Executive Director and General Manager, Kowloon Motor Bus Company
The actual controllers of many well-known listed companies in Hong Kong are not the chairman of the board of directors, but the largest shareholder and actual operator, such as the Kowloon Motor Bus Company.

The Lei Juekun family controls 20.56% of the shares of Kowloon Motor Bus Company and is currently one of the largest shareholders of Kowloon Motor Bus Company. Although the Lei family's shareholding in Kowloon Motor Bus Company seems to be small, in fact, the initial shareholding was more than 20.56%. It is just that in recent years, Lei Juekun has cashed out a large amount of Kowloon Motor Bus Company shares in order to develop his Kowloon Development, cinema chain and other companies.

However, this does not prevent Lei Juekun from continuing to control the Kowloon Motor Bus Company. He has many supporters on the board of directors, and their combined shareholding exceeds 46%. No one can shake his position for the time being.

"Mr. Lei!" The secretary rushed into the office, calmed down a little, and reported, "The company's stock price is a little unusual. It seems that someone is buying a large number of scattered shares on the stock market, and it is two parties. The stock price has risen to 4.8 yuan."

Lei Juekun has relatively small eyes, a square face, a larger body frame than ordinary people, and his facial features seem to be out of balance.

Hearing this, Lei Juekun frowned immediately, "Are you sure?"

The secretary nodded and said, "It has been confirmed. The securities company has called us several times and our people are also paying attention."

Lei Juekun leaned back in his chair, smoking the cigar he was holding, "Who is the other party? Can we find out?" The acquisition of China Bus Company has not yet been announced to be completed, but it is nearing its end. The defeat of Athlone Company is already decided, so Lei Juekun suspected that the Luo Yingshe family had changed their target and set their sights on his Kowloon Bus Company.

"It's difficult to find out who the other party is, but we found out that the account that absorbed the stocks came from Sun Hung Kai Securities. Both parties are from there," said the secretary.

Lei Juekun was a little confused, "Could it be a group of people?"

The secretary shook his head. "If they were in the same group, they would never raise the stock price like this, even if they really had sufficient funds."

Lei Juekun nodded slightly. The current situation was no different from letting the stock price take off on a helicopter and soar upwards, but he held back and did nothing, just to reap the benefits. If the two parties negotiated for peace, he would lose power in the board of directors.

"I remember some shareholders want to sell their shares. Please help me contact them and tell them that I am willing to buy their company shares at a 1% premium." Lei Juekun finally decided to increase his holdings. Kowloon Motor Bus Company cannot be lost. It is one of the Lei family's basic bases.

"Yes! I'll contact him right away." The secretary turned around and left the office.

After the secretary disappeared, Lei Juekun clenched his fists and said to himself with a serious expression, "Who is it?"

Lin Luoqi acted quickly. After discussing with Luo Qihong last time, he immediately returned to Yiren Real Estate Company to raise funds, inquire about the market situation of Causeway Bay Shopping Mall, and make all preparations for speculating on the shopping mall property.

On Luo Qihong's side, apart from Dehe Real Estate Company's large-scale efforts to collect information on Wan Chai Commercial Building, the internal situation of Paramount Company remained calm and there was no move to acquire any property. Only the Property Department 2 was looking for a buyer to take over the last tea restaurant under its umbrella.

"Is your Paramount Company renewing its properties? I heard that its tea restaurants are being transferred." Lin Luoqi asked.

Luo Qihong responded, "The losses of the tea restaurant are a bit serious. It would be better to switch to a rental property to ensure the company's stable income."

Lin Luoqi strongly agreed with this. Having a stable source of income is extremely important for a listed company. Moreover, tea restaurants do not make much money but can suffer heavy losses. It is an industry with very asymmetric risks and returns. It is not suitable for Paramount Company to continue holding the assets after restructuring.

"Someone will definitely take over your tea restaurant, but someone else's industrial building property will rot in their hands." Lin Luoqi smiled slyly, with a playful expression.

Luo Qihong thought about it and instantly understood that Lin Luoqi was talking about his elder brother Lin Luoxun, who spent 20 to 30 million yuan but got a troubled Jide Real Estate Company. The price of industrial buildings had dropped a lot at this time.

Lin Luoxun owns a lot of industrial building properties, but he doesn't want to lose too much, so it's difficult to find a buyer to take over.

In fact, Lin Luoxun is still confident about industrial building properties. He believes that prices will gradually recover, and he can even make a fortune at that time.

"Then how does your brother plan to repay those loans and save Jide Real Estate Company?" Luo Qihong immediately became interested.

At that time, he cheated Lin Luoxun because the brothers Lin Luoxun and Lin Luoshi were looking for trouble with him and their attitude was extremely arrogant, so he came up with the idea of ​​cheating them, and he could make some money at the same time, so why not do it.

"Humph! I've received the news. My eldest brother has held a meeting to embezzle project funds to fill the loan of Jide Real Estate Company. When the amount gets bigger, I will report him to Dad." Lin Luoqi said cunningly.

(End of this chapter)