Hong Kong 1980: The Savage Era

Chapter 89 ['Chanmei' Lizhi]

The property market seems to be booming, but it is actually full of hidden dangers. Many real estate developers are vying for properties with good locations and purchasing them at a premium. After the premium, it takes a relatively long time to rise to that price. During this period, the price may start to fall, such as the industrial building in Kowloon Bay, which will result in losses.

As for those properties in bad locations, such as the Shatin Centre shopping mall developed by Henderson Lighting Company next to Shatin First City, no one is interested in it now and even the electricity is difficult to connect. If you buy it at a high price, you will lose a lot of money.

Therefore, Li Bingjun's family was so afraid of both wolves in front and tigers behind that they dared not take any action after thinking it over.

Luo Qihong was just an acquaintance with him. Even if there was a money-making project, he would not say a word. However, he still had to tell the truth. Whether the Li family would suffer losses or not was certainly not his business.

After eating the seafood, the two beauties waved goodbye to Luo Qihong. Luo Qihong was bored, so he walked into a department store to digest the food and enjoy some air conditioning.

Bang! !
As soon as Luo Qihong stepped into the mall, he heard the harsh sound of glass bottles hitting the ground.

The salesperson's boss immediately appeared and started to insult the salesperson, "You are such a clumsy girl! If something in the car is broken, your salary won't be enough to pay for it."

"I'm sorry!" The salesperson apologized to his boss while picking up the items.

At this moment, Luo Qihong turned his head and saw that familiar face. He couldn't help but exclaimed in his heart, "Li Zhi! The wife of the Kung Fu King!"

Li Zhi has just arrived in Hong Kong and her dress is rustic, giving people a very bad feeling, as if one can tell at a glance that this woman is from the mainland.

There was no way around it. The mainland had just begun to develop its economy at that time, and the concepts were a bit backward.

Luo Qihong felt that Li Zhi was not pretty at all at the moment (she didn't know how to dress up), but she was a very good potential stock (otherwise the Kung Fu King wouldn't have aged so quickly), so he could chat with her and hide her first.

He has always believed that "I don't care about forever, I only care about having it once". Although Li Zhi is not as good as Guan Jiahui, she is also the woman who makes the gambling king and the Kung Fu King crazy. Of course, he wants to try her.

So he walked over slowly, and Li Zhi's female boss immediately changed her expression, smiling, and said to Luo Qihong in a friendly manner, "Sir, something happened over here, please go over there."

Luo Qihong ignored his female boss and squatted down to help Li Zhi pick up the 'glass bottle'. He asked with a smile, "Are you from the north?"

When the female boss saw that Luo Qihong was wearing a famous brand suit, which was worth several hundred yuan even if it was an A-grade product, she could only swallow her loss and left in anger.

Li Zhi looked at Luo Qihong in surprise and was stunned for nearly half a minute. She had been in Hong Kong for more than a month and had always been discriminated against, but now someone was actually approaching her.

Luo Qihong suddenly felt that Li Zhi might not understand Cantonese, so he switched to authentic Mandarin and asked again.

At this time, Li Zhi finally realized that Luo Qihong, like her, came from the mainland. She nodded and said, "Yes, I have only been in Hong Kong for a month. How about you? You should have been here for a long time. You speak Cantonese so well."

Sometimes a kind gesture can make a helpless person feel good about it.

At this time, Li Zhi was Canmei, and Luo Qihong was well-dressed, so no one thought that Luo Qihong had other purposes, or that he had a crush on Canmei.

"It's been several years." Luo Qihong said reluctantly, "This is my business card. If you have any problem, you can ask me for help. I can even help you find a new job."

Luo Qihong didn't want his purpose to be too obvious, so after handing Li Zhi his business card, he left.

When it comes to picking up girls, the strategy of playing hard to get has always been effective. Like sand, the tighter you hold on to it, the easier it is to slip away.

Li Zhi looked at the company name above and muttered to himself, "Paramount, Zhaoan Real Estate. I seem to have seen it in the newspaper. It shouldn't be a scam. I'll go back and look for it." After Luo Qihong disappeared from Li Zhi's sight, a smile appeared on the corner of his mouth, "20-year-old Li Zhi! Still very fragrant. Sorry, Brother Jie."

The next morning, at the office of Dehe Real Estate Company

Lin Luoqi took a sip of coffee and said with a smile, "I have found a connection. The leaders of those societies have agreed that we can build a parking lot in Sham Shui Po, but the renovation work will have to be done by the society's decoration company."

"From what I heard from them, they also want to use us as guinea pigs. If this business is viable, they will definitely enter the market. So I think we should make the first one bigger and make more money to prevent it from running out of business in the future."

Luo Qihong also knew that this was a one-time business. As for relocating and continuing the business of converting the dry warehouse into a parking lot, that was a bit unrealistic. There were few areas in Hong Kong with such a dense population as Sham Shui Po. Even if there were, the land could not be used only for parking lots, and there were not so many warehouses.

"Then let's expand the scale. I originally wanted to start with three to test the waters, but now we're going to double it to seven. I should be able to make a few million." Luo Qihong nodded.

Lin Luoqi put down the cup and said, "Land in Sham Shui Po is expensive. Although the warehouse is outside the residential area, it will not be cheap. According to research, it will cost about 2 million to 3 million per warehouse. Seven warehouses will cost 7 million. I'm afraid we don't have the funds for that."

"The warehouse renovation project is not complicated. If we speed up the process, we can complete it in half a month. With multiple engineering teams working together, we can take out a loan and pay a lot less interest in a short period of time." Luo Qihong said.

"Okay! Then I can also invest some shares in my Yiren Real Estate Company to share the financial pressure." Lin Luoqi suggested.

"It won't work if Dehe Real Estate and Jide Real Estate are the only ones left. Doesn't Yiren Real Estate Company have other big projects to follow up? I'm afraid they don't have sufficient funds. Why not let my Paramount Company take a stake in it?" Luo Qihong was very confident in this project. How could he let Lin Luoqi take the lion's share of the profits?

Lin Luoqi didn't want to force it, so he smiled and said, "Okay, let Paramount do it."

"How to distribute the project equity?" Lin Luoqi asked again.

Luo Qihong had already prepared a plan, saying, "Jide Real Estate Company and Paramount each hold 30%, and Dehe Real Estate holds 40%. This is fair to everyone."

Such a plan would split the profits in half, so that no one would have an advantage.

"Then we have to send people immediately to prevent the news from leaking." Lin Luoqi was worried that those societies were dishonest and were playing tricks in secret.

Luo Qihong understood Lin Luoqi's concerns and nodded, "Send someone to contact the target owner this afternoon."

Lin Luoqi's actions naturally attracted the attention of the Lin Luoxun brothers, especially when Lin Luoqi went to Dehe Real Estate to find Luo Qihong that day, which made the Lin Luoxun brothers see an opportunity for revenge.

"Are you sure they want to convert the warehouse in Sham Shui Po into a parking lot?" Lin Luoxun asked Lin Luoshi. He was somewhat impressed by Luo Qihong's brilliant idea. This might very well be a good business.

However, the two brothers care more about revenge on Luo Qihong, so that Luo Qihong will not be so arrogant and domineering and regain some face.

"It has been confirmed. Those gangsters in the society said so." Lin Luoshi said firmly.

Seeing that Lin Luoxun was thinking, Lin Luoshi asked again, "Should we ask them to pay more funds?"

"We have to bid with them, but I'm wondering if we can do this business?" Lin Luoxun said seriously.

"Based on the character of Luo Qihong, this project should be able to make a lot of money. I think there is a lot of demand for parking lots in Sham Shui Po, and we should be able to get a piece of the pie." Lin Luoshi said thoughtfully.

(End of this chapter)