Hong Kong 1980: The Savage Era

Chapter 88 [Encounter]

Lin Luoshi grabbed the decanter, poured a glass of red wine into the goblet, drank it all in one gulp, and tugged at his tie, saying, "This Luo guy thinks he's someone important, but he's just an upstart. He's so arrogant and shameless."

Lin Luoxun's face was also very grim. It was difficult to hit Luo Qihong in business. If he hired someone to teach him a lesson, Luo Qihong might do the same. And if it got out, it would be embarrassing for the Lin family.

"What did Fenggui Development Company say? Are they really going to break off cooperation with us?" Lin Luoxun turned his head and looked at Lin Luoshi and asked.

Lin Luoshi calmed down a bit and replied, "Fenggui Development Company is useless. Not only can it not deal with Luo Qihong, but it also suffered heavy losses from Luo Qihong. Now they don't want to continue."

Lin Luoxun thought for a moment and said, "Forget it! The Hehong Real Estate Company in North Point is no longer of much use to Luo Qihong's business. I originally thought that Luo Qihong would attach great importance to such a business, but I didn't expect him to be such a cruel guy."

"Then how should we deal with him? He is already in cahoots with the third brother and also acts as his military advisor. I think Daddy can hand over the Jide Real Estate Company to the third brother. Luo Qihong has made a lot of efforts behind the scenes." Lin Luoshi analyzed.

Lin Luoxun fell silent, and then said in a serious tone, "We must teach Luo Qihong a lesson, otherwise the third child will become more prominent. If Daddy really gives the family business to the third child, we will be in trouble."

"Brother, what do you want to do?" Lin Luoshi asked with a little excitement.

Lin Luoxun said, "Doesn't Luo Qihong want to increase the proportion of Paramount's assets? We can make him unhappy."

"This is a huge financial expenditure. How should I tell my dad?" Lin Luoshi asked doubtfully.

"Don't worry! I can convince Daddy." Lin Luoxun said with pursed lips.

Monday, September 6
Under the influence of the first wave of good news, Paramount's stock price rose smoothly to 1.83 yuan, and its market value was close to 1.6 million yuan.

Therefore, Luo Qihong released the news that Paramount Company had acquired the Peak Building in Sheung Wan from Wah Kwong Real Estate Company. The stock price immediately broke through 1.9 yuan, and the market value also exceeded 1.6 million yuan. Moreover, the growth was relatively rapid, and it seemed that it could break through 3 yuan, and the market value increased to 2.6 million yuan.

If this market value is reached, Luo Qihong's apparent net worth will exceed 1 million yuan, making him a true rich man.

However, Luo Qihong was not so happy, because Paramount Company still had debts of more than 8 million yuan (the loan for Kashima Building and the final payment for Shifeng Building added up to more than 8 million yuan), and these debts had not yet been settled.

Even if the Shifeng Building is pledged as collateral for a loan, only 6% to 7% of the loan can be obtained, leaving a gap of at least 1%.

Luo Qihong hopes to earn 1 million yuan from the 7 million yuan invested in the stock market, and the rate of return needs to reach 1%, which seems very difficult.

He came to the atrium of Landmark Plaza in Central, stood on the second floor, and watched the people walking underground. His mood improved.

As he turned around, he accidentally knocked the coffee out of a girl's hand, spilling it all over the floor. Luo Qihong quickly apologized, "I'm sorry! Are you not hurt?"

The girl in front of him had fair skin and was wearing cool clothes with a shirt tied around her waist. Luo Qihong soon noticed the girl's best friend and she looked very familiar.

"Luo Sheng?! What a coincidence!" Li Bingjun finished speaking, then lowered her head to ask her best friend if she was okay, "Shanshan, are you okay?"

The girl called Shanshan shook her head and said, "It's okay! It's just that the coffee got knocked over."

"I'm really sorry! I'll buy you another cup of coffee to compensate you." Luo Qihong said embarrassedly.

After nearly half a minute, Li Bingjun smiled and said, "How about a cup of coffee? You bumped into my friend."

Shanshan grabbed Li Bingjun's arm, signaling her not to go too far.

Luo Qihong was slightly stunned. The Li Bingjun he met before was a little aloof, but now it seemed a little different. He smiled and said, "Miss Li and this lady will agree on how to compensate."

"There's a nice seafood restaurant nearby, why don't you treat us to a meal there?" Li Bingjun didn't wait for Luo Qihong to answer, turned to look at her best friend Shanshan, and said, "This Mr. Luo Qihong owns two listed companies and is a wealthy man."

Luo Qihong nodded to his best friend and handed his business card to Li Bingjun and Shanshan, "This is my business card."

"Paramount Restaurant, Zhaoan Real Estate!" Shanshan looked at the business card and read the company name. "Hello! I'm Zhang Yunshan, Yun is from the grass radical, Shan is from the Wang radical." Zhang Yunshan felt that Luo Qihong was too young, and his success must be related to his family.

"I'm not very familiar with the atrium of Landmark Plaza. Where is that seafood restaurant? I need you to lead the way." Luo Qihong just wanted to take this opportunity to relax, and he had a beautiful woman to keep him company.

The three of them came to Dian Du Xian Seafood Restaurant. There were only a few customers in the restaurant at that moment, probably because it was not yet mealtime.

Led by the waiter, they came to a small private room.

Li Bingjun glanced at the menu and said with a smile, "Mr. Luo, do you mind if we order something more expensive?"

Luo Qihong smiled and responded, "I don't mind, order whatever you want."

After ordering the dishes, the two girls whispered to each other. Luo Qihong felt a little embarrassed and kept looking at the menu.

"Is the Paramount Restaurant Company in the restaurant business, Mr. Luo?" Zhang Yunshan looked up at Luo Qihong and asked.

Luo Qihong replied, "I used to run a tea restaurant, but now I don't do it anymore. I have shifted my business to the real estate industry."

When she heard about real estate, Zhang Yunshan was slightly surprised and pursed her lips and said, "Then Luo Sheng must have made a lot of money. The real estate market is so prosperous now."

"It's not bad, I made a little money." Luo Qihong asked, "Did Miss Zhang just graduate from college too?"

"Yes! I just graduated from Baptist University!" said Zhang Yunshan.

After chatting for a while, the dishes began to be served.

"I heard from Rocky that Miss Li's family is in the ginseng business. How is the business?" Luo Qihong asked casually, just to bring up the topic.

Speaking of this, Li Bingjun began to feel a little conflicted. "The recent ginseng market is not very good. The company is planning to do other businesses."

"Is it because the cost is too high, or is there some other reason?" Luo Qihong asked after eating a fried shrimp.

Li Bingjun sighed and said, "It's because the cost is high and we can't compete with foreign companies."

Luo Qihong thought for a moment and said, "Have you considered the mainland market? The mainland is now open, the cost will be relatively low, and the competitiveness can be greatly enhanced."

"We have considered it, but the situation in the mainland is unclear and the company does not dare to invest." Li Bingjun shook his head.

Luo Qihong smiled and said, "You can give it a try. Even if there are accidents, the loss will not be too big."

"Well! What do you think about transitioning to the real estate industry, Mr. Luo? Is it risky?" Li Bingjun looked at Luo Qihong seriously and asked.

This is a big matter concerning the entire family, she has to treat it seriously and cautiously, or it is a good opportunity.

Luo Qihong is not going to keep it to himself. After all, the real estate market is huge and it is difficult for newcomers to influence him. "I won't take risks now, but it's hard to say in the future."

"Luo Sheng means that we should enter the venue early?" Li Bingjun asked bluntly.

Luo Qihong nodded. "This is how I judged it. Miss Li has a good relationship with Aunt Xu, and Haofeng Real Estate Company is an old veteran in the real estate industry. You can ask Aunt Xu."

"Yeah!" Li Bingjun nodded slightly. Zhang Yunshan next to her seemed a little embarrassed and bored, and was not interested in the topic of conversation.

(End of this chapter)