Hong Kong 1980: The Savage Era

Chapter 87【If you don't accept the toast, you will be punished by drinking the wine】

Lin Luoqi was very cunning. He probably felt that it was a little difficult for him to do it, so he asked Luo Qihong who had already done it to help him, so that he could also learn from him.

As for the divided profits, Lin Luoqi had no way of taking them. It was just a favor.

Luo Qihong felt that he could make a good profit, and the operation of this business could be rougher and not as delicate as Paramount, because Jide Real Estate had a backer and was more durable.

"Haha!! You, you really are good at making people do this. I'm going to buy a lot of Jide Real Estate shares." Luo Qihong said with a big laugh.

"Just buy in large quantities and help me raise the stock price at the same time." Lin Luoqi felt that he was not at a disadvantage.

"Then I can get some good news for you. I can bribe reporters to write a few articles about Paramount Company's acquisition of Jide Real Estate. But you have to wait until I take action." Luo Qihong said.

"OK! I'll wait for your news." Lin Luoqi responded.

Then Luo Qihong took out a plan and handed it to Lin Luoqi, "Take a look at this first."

That was the plan to convert the Sham Shui Po warehouse into a car park, as well as Su Qishan's investigation materials.

Ten minutes later, Lin Luoqi put the plan together and said, "The profit here is not small, but there are many things involved. The relationships in Sham Shui Po are very complicated, and there are many societies. If you want to make it, you must negotiate with the societies."

Luo Qihong smiled. This was the reason why he had been slow to act. Now he wanted to win over Lin Luoqi.

Lin Luoqi thought for a moment and said, "I'll go back and discuss it with Mommy to see if there are any connections that can be used. I'll call you in the evening."

"Okay, I'll wait for your call at the company." Luo Qihong said, "This project is suitable for Jide Real Estate Company to get involved and accumulate some funds."

Lin Luoqi nodded slightly and began to think about the Sham Shui Po warehouse renovation project.

After Lin Luoqi left, Luo Qihong drove to the trading hall of HSBC.

"Mr. Zhang, I should have about 73 yuan in my personal account. Can your bank provide me with a tenfold leverage?" Luo Qihong asked bluntly.

A tenfold leverage of 73 yuan is equivalent to 730 million yuan, which is just a small amount for Luo Qihong's investment in HSBC.

"Of course you can. Your cash flow list has exceeded 3 million yuan, and you can be equipped with a maximum leverage of 3 million yuan." Zhang Taotao responded honestly.

"What is the current share price of Jide Real Estate Company?" Luo Qihong asked.

Zhang Taotao said "I'll check it out" and disappeared into the reception room.

A few minutes later, Zhang Taotao came back and reported, "The current share price of Jide Real Estate Company is 0.9 yuan."

During the last speculation, the share price of Jide Real Estate Company was not so low, but it had a large amount of debt and no relatively good property assets to support its market value, so a decline in the share price was inevitable.

"With 730 times leverage, you can buy as many Jide Real Estate shares as you can with million." Luo Qihong said.

Zhang Taotao knew that Jide Real Estate was a small company and that many of Luo Qihong’s stock investments were in large companies, so he guessed that Jide Real Estate would face an acquisition.

"Is it a secret purchase?" Zhang Taotao asked with a blink.

"No need to buy secretly, just buy normally and try to buy at 0.9 yuan." Luo Qihong was aware of Zhang Taotao's doubts. He had no obligation to explain anything, he just said a few words when he was in a good mood sometimes.

"Yes!" Zhang Taotao nodded. Luo Qihong asked about the share price of Henderson Land Development and got the answer of '11.8 yuan per share'. He then signed a series of leverage agreement documents before leaving the HSBC trading hall.

A private room at The Peninsula Hotel in Tsim Sha Tsui

As soon as Luo Qihong entered the door, the two brothers Lin Luoxun and Lin Luoshi who were sitting inside stood up, but did not come up to greet Luo Qihong directly. Lin Luoshi's face was full of reluctance.

"Mr. Luo, I haven't seen you for some time. I've heard a lot about you recently. You acquired the Paramount Restaurant Company, and now you've acquired the Zhaoan Real Estate Company. In less than a year, your net worth has increased to tens of millions." Lin Luoxun greeted and complimented him with a smile.

Luo Qihong glanced at Lin Luoshi, who seemed to be refusing to pay back his debts, and said with a smile, "It's just that heroes are made by the times. Without this booming market, I wouldn't have made so much money. How is Mr. Lin doing recently?"

Luo Qihong had a smile on his lips, which Lin Luoshi saw as sarcasm. He didn't believe that Luo Qihong didn't know that his elder brother had lost the Jide Real Estate Company.

Lin Luoxun smiled bitterly and said, "It's not going well."

Lin Luoxun snatched Jide Real Estate Company from Luo Qihong and Lin Luoqi. He once suspected that it was a trap set by Luo Qihong, but later he misappropriated the project funds of Haofeng Real Estate Company, and Luo Qihong and others did not cause any trouble, so he put aside his suspicion.

The loss of Jide Real Estate is entirely his own fault, as he was too impatient. As for the pressure put on Lin Zuhui by the shareholders of Haofeng Real Estate Company, that is normal and he cannot blame anyone.

"Hypocritical!" Lin Luoshi muttered softly, with disdain on his face.

Luo Qihong took a sip of tea and asked with a smile, "I wonder what Mr. Lin wants to talk to me about? Or do you have a good project to look after me?"

"Mr. Luo should know that Jide Real Estate Company has been taken over by Rocky. He also suggested to my father to sell Jide Real Estate. Now I wonder if Mr. Luo can help persuade Rocky? Young people are always more impulsive." Lin Luoxun smiled faintly, although the smile was a little fake.

young people?!

He acts like he is an elder. How arrogant he is.

Luo Qihong complained in his heart, but smiled and said, "This is the Lin family's affair, I can't interfere. And I heard that your father has agreed to the sale plan."

"I know that Mr. Luo is very interested in high-quality properties, especially commercial office buildings in places like Central and Wan Chai." Lin Luoxun gestured to Lin Luoshi.

Lin Luoshi took out the document from his briefcase somewhat helplessly and handed it to Luo Qihong, who continued, “This is the office property on the 11th and 12th floors of the Fu’an Building in Wan Chai. If Luo Sheng can convince me, these two floors of office space can be sold to you at the market price.”

When Luo Qihong heard the market price, he suddenly felt that Lin Luoxun was a bit "stingy". He wanted to fish but couldn't bear to part with the bait, so he shook his head and responded, "Mr. Lin, I really want to take over your office, but unfortunately I can't do what you ask."

"How do you know that you can't do it if Luo Sheng doesn't try? Do you think the stakes are too low?" Lin Luoxun's tone was not as gentle as before.

Luo Qihong naturally noticed the change in attitude. Now he was not afraid of this rich second generation. He restrained his smile and said, "Mr. Lin is not me. If I say you can't do it, then you can't do it. You don't need to try."

"Luo Qihong, don't refuse a toast and then drink a forfeit." Lin Luoshi stood up and yelled angrily.

Luo Qihong glanced at the second young master of the Lin family and sneered, "What punishment do you want me to drink? Can you kill me?"

Lin Luoxun frowned. Luo Qihong, who owned two listed companies, was no longer someone they could easily deal with. Moreover, if they wanted to cause trouble for Luo Qihong now, they had to take back the control of Jide Real Estate first.

"Luo Shi, shut up!" Lin Luoxun scolded, turned to Luo Qihong and said, "Luo Sheng, we don't mean to force you, we are just discussing. If you want any conditions, you can bring them up for discussion."

"No need! I can't drink all this penalty wine. I still have some things to deal with. I'll take my leave first." Luo Qihong stood up and left.

(End of this chapter)