Hong Kong 1980: The Savage Era

Chapter 86 [Copycat] (Seeking follow-up reading)
"These two projects involve a capital of more than 1 million yuan, which is indeed very stressful for Paramount Company. However, if we want to develop, we have to take risks," said Luo Qihong.

The two chatted for a while and then went to a nearby law firm to sign the contract. Luo Qihong paid 1440 million yuan on the spot and then went to the bank to go through the mortgage loan procedures.

Although it will still take some time to transfer Shifeng Building to Paramount Company, the bank loan also needs to be reviewed, so there is still enough time.

There are still more than two months left before the final payment of the Ludao Building in Wan Chai, and there is still more than 2 million yuan in the Paramount account. Luo Qihong decided to make more money with this capital.

Sun Hung Kai Securities reception room
Luo Qihong took a sip of coffee, put down the porcelain cup, and said, "I want to know the stock prices of New World Development, Cheung Kong Holdings, and Hutchison Whampoa."

This is the stock of a famous company in Hong Kong. Bai Jinyan pays close attention to it every day, so when Luo Qihong asked, she could tell him about it easily.

"New World Development's properties in Tsim Sha Tsui and Pok Fu Lam are gradually approaching completion. The share price has risen more sharply than ordinary stocks. It is expected that the share price will increase by 30% in the near future."

"Cheung Kong Holdings has been co-building commercial buildings and residential buildings with other companies. There has been constant good news. Recently, it has been discussing with Federal Realty, a subsidiary of Wheelock Group, about acquiring Federal Building and International Building in Central. If successful, the share price will surely soar. As for Hutchison Whampoa, there has also been a lot of good news released, but it is a little worse than that of Cheung Kong Holdings." Bai Jinyan stated.

"What are the stock prices of these three companies?" Luo Qihong asked.

"The share price of New World Development Company is 6.3 yuan, the share price of Cheung Kong Holdings is 18.1 yuan, and the share price of Hutchison Whampoa is 17.4 yuan." Bai Jinyan replied.

Luo Qihong hesitated for a moment. The first two companies would have a lot of good news, while Hutchison Whampoa's development was relatively stable, so he ordered Bai Jinyan, "I have injected 1 million into the stock account. With the previous 5 million, the account should have 2 million. Help me buy 1 million of Cheung Kong Holdings and 7 million of New World Development. There is no time limit, but it must be as soon as possible."

如今的新世界发展公司市值30、40亿元，长江实业公司的市值更是新世界发展的2倍，这区区1千7百万的资金不算什么。

"Okay!" Bai Jinyan nodded, "I'll try to buy them all within half a month."

"Congratulations! Paramount has acquired a listed company and its market value has exceeded 1 million yuan." Seeing that Luo Qihong had no other instructions, Bai Jinyan wanted to chat.

"Thank you!" Luo Qihong smiled and said, "This is a forced acquisition. It can't be said to be a good acquisition."

"No matter what, we have acquired a listed company. The experts hired by the company predict that the share price of Paramount will rise to 1.9 yuan, and the market value will reach 1.6 million yuan. Zhaoan Real Estate has acquired the other half of the equity of Wan Chai Ludao Building, and the market value is likely to exceed 1 million yuan." Bai Jinyan lifted her hair, very feminine.

Luo Qihong nodded. It was not the so-called experts who decided how high the share prices and market values ​​of Paramount and Zhaoan Real Estate would rise. It was him who had the final say. Once it was announced that Paramount would acquire Shifeng Building, the share price should exceed 3 yuan.

There is also the Warwick Building in Sheung Wan. Luo Qihong estimates that the market value of Paramount can exceed 3 million yuan. This is Paramount's achievement in just half a year, which is better than most companies.

"The company will have other actions. If Sister Jinyan wants to make money, she can buy some Paramount Company stocks." Luo Qihong smiled and thought he might as well do Bai Jinyan a favor. They could make money together.

Hearing this, Bai Jinyan naturally understood that Paramount Company would make a big move next, and the stock price would definitely not be the current price. "Okay, thank you for the reminder!"

Dehe Real Estate Company Office

The company has spent 1 million yuan to acquire the entire 1th floor of the Zhongliancheng Building on Queen's Road in Central from Ji De Real Estate Company, and only more than 7 million yuan is left in the account.

According to Lin Luoqi, he wanted to hype up this floor of the property, but in reality it is difficult to hype up the property because the cost is not small. If it is the entire Liancheng Building, there will be better returns.

"You mean that speculating on Liancheng Building is not so good for us, but will benefit others for nothing? Then can we join forces with other owners to speculate together?" Lin Luoqi regretted asking the question as soon as he said it. He knew that it would be difficult to do it together. "It's too difficult. It's better to wait for the property to appreciate slowly. Dehe Real Estate has other projects to do. And the original plan was to speculate on the Wanchai Commercial Building, not the Central Commercial Building." Luo Qihong rejected Lin Luoqi's proposal.

Lin Luoqi glanced at Luo Qihong, thought about it and stopped dwelling on it, changing the subject and saying, "I heard that you acquired Zhaoan Real Estate Company. If you want to sell Paramount Company in the future, we can have a good chat."

The acquisition of Paramount Company is a buy one get one free deal, with a Zhaoan Real Estate Company given away for free. This is a great bargain.

Luo Qihong said, "That's easy! But I will separate Zhaoan Real Estate Company from Paramount Company and will not sell it together with Paramount Company."

This is Luo Qihong’s real thought and plan.

Therefore, he has been adding property assets to Paramount Group, which makes it easier to stabilize the stock price after the spin-off of Zhaoan Real Estate Group.

Lin Luoqi's smile faded a little, and he was obviously attracted by the 'buy one get one free' offer. "The market value of Paramount Company will be much higher, and it may not be possible to buy it at a good price."

Luo Qihong smiled and said, "I know. I have already increased the property assets of Paramount. I have acquired a Sheung Wan commercial building with Huaguang Real Estate Company under the family of shipping tycoon Zhao Congyan, with a market value of 7 million, and another Sheung Wan commercial building with a market value of 2 million. In this way, even if Zhaoan Real Estate Company is divested, the stock price will remain mostly the same."

The news will be announced soon, so you might as well tell Lin Luoqi.

Lin Luoqi was a little surprised by the acquisition news. The market value of Paramount Company was only 1 million yuan, but it dared to acquire a commercial building of the same value. This was very risky.

However, if it is a company with such assets, Paramount is equally attractive.

"Ah Hong, I'm not as brave as you. This kind of operation is too exciting." Lin Luoqi shook his head and said.

"I also learned this trick from Chen Songqing of Jianing Company. He is even braver." Luo Qihong smiled. Although he learned it from Chen Songqing, he wanted to get out of this situation as soon as possible and also wanted to help Paramount Company get out of this situation.

The funds for the escape naturally come from the stock market.

When Lin Luoqi heard about the giant Jianing Company, he immediately felt a yearning look. However, he had some self-knowledge and felt that it was difficult for him to control the situation. After all, if he was not careful, he would be crushed to pieces.

"Your method reminds me that my father has agreed to sell Jide Real Estate Company, but now I want to use your method to raise the stock price of Jide Real Estate Company, make a profit and then leave." Lin Luoqi said with a smile.

Luo Qihong was stunned for a moment, then nodded and said, "So what are you going to do? Do you have a specific target for acquisition?"

"The Kidd Building in Sheung Wan! Kidd Real Estate Company previously sold this building to pay off debts. Now Kidd Real Estate has paid off a lot of debts, so it is reasonable for them to repurchase the Kidd Building." Lin Luoqi smiled proudly.

Luo Qihong felt that Lin Luoqi had a good learning ability and would quickly learn from any feasible plan he saw. However, his imitation was a bit too superficial and the effect would be greatly reduced. His stock market investment method was not so easy to imitate.

"I think it is feasible, but we still need to pay attention to the debt ratio of Jide Real Estate Company." Luo Qihong reminded.

"Do you want to make some profits from Jide Real Estate and be my military advisor at the same time?" Lin Luoqi looked at Luo Qihong with a smile in his eyes.

(End of this chapter)