Reborn in 1970, I thrived in Hong Kong.

The University of Hong Kong just established the School of Management and Economics this year, and the economics major has been separated from the Faculty of Arts and transferred to the School of Management and Economics.

Li Huai-ren applied for the economics major, which required five subjects for the independent admissions exam: English, mathematics, history, geography, and Chinese. One subject was taken in the morning and one in the afternoon, and the exams were completed in three days.

English, math, geography, and Chinese were all no problem for Li Huai-ren. History was a bit more difficult because it was British history. Fortunately, he had the "photographic memory" cheat code after his rebirth, so it wasn't a big problem.

On the morning of March 20, Li Huai-ren finally finished the independent admission examination for the Economics major at the Faculty of Management and Economics of the University of Hong Kong.

In the afternoon, Li Huai-ren went back to the school and received a recommendation letter written by the principal himself.

All that's left for Li Huai-ren is to wait for the University of Hong Kong to release its admission results in early July. If his scores meet the admission requirements, he can go to the University of Hong Kong for an interview in mid-July with a recommendation letter from his high school principal. If he passes the interview, he will be officially admitted to the University of Hong Kong.

Li Huai-ren only applied to the Economics program at the Faculty of Economics and Management of the University of Hong Kong. Therefore, with the exam over, his secondary school years officially came to an end.

The next day, Brigitte Lin, Teresa Teng, and others went to school, and Li Huai-ren finally had plenty of time to slowly take stock of his gains from the Lantern Festival.

After three days, he only managed to count HK$4.01 million in cash that he had retrieved from the basement of the Lei Luo family's house.

It took another two days to count the HK$1.89 million in cash that they had obtained from the British, "Flour" Ma, Limpy Ho, Yan Tong and others.

Thus, on the Lantern Festival, he obtained a total of HK$5.9 million from Lei Luo and others.

He then inventoried the antique paintings and calligraphy, totaling 1899 pieces, mostly from the Ming and Qing dynasties. Among them were several paintings and calligraphy by Tang Yin (Tang Bohu) and Zheng Banqiao, as well as more than a dozen Yuan dynasty blue and white porcelain pieces.

Finally, he used a chainsaw to cut open the safes he had brought back from the basements of Lei Luo's and others' homes. To his surprise, these safes contained a lot of loose diamonds and even a large number of shares in Hong Kong-listed companies!

Li Huai-ren was overjoyed and immediately took stock of the items:

共计有大大小小2819颗裸钻，3.1%牛奶公司股票、2.9％置地公司股票、3.8％汇德丰公司股票、3.6％九龙仓股票、4.3%中华电力公司股票、3.9%半岛酒店股票……

The key point is that all of these stocks are scattered, unregistered shares!

To make it easier to carry and sell, Lei Luo and others had partially converted some of their ill-gotten gains into loose diamonds and stocks.

Li Huai-ren stood there grinning foolishly for a long time before finally snapping out of it and chuckling:

"Hehe, I'm so impressed! It's true what they say, a horse won't get fat without night grass, and a person won't get rich without windfall gains."

In Kowloon, a single unit in a tenement building costs around HK$50,000. How many units could you buy with that money?

These stocks were mostly British-owned companies. Li Huai-ren decided to sell all of his Hui-de-feng shares and use the proceeds to secretly increase his holdings in companies such as Wharf Holdings, Hongkong Land, and CLP Power.

As for the 2819 loose diamonds, Li Huai-ren decided to sell them to Lei Luo, Zhu You-zai, and others, just like the loose diamonds his parents left him, in exchange for the real estate they owned, hehehe.

Looking at the mountain of HK$5.9 million before him, Li Huai-ren smiled happily, already thinking about how to spend it as quickly as possible—no, how to launder it as quickly as possible:

"That industrial site in Yuen Long is worth 50 million square feet. We've already bought 15 million square feet. As for the remaining 35 million square feet, I think Piggy can help us get it for HK$4 to HK$6 per square foot. That would cost us over HK$100 million."

However, we absolutely cannot buy all 35 million square feet of land at once; we must acquire it in more than ten installments, otherwise it will easily arouse suspicion from Lei Luo and others...

Yes, Golden Bauhinia Real Estate Company can acquire privately sold land and properties with cash...

"The payment for goods from a certain company can also be made to them in cash..."

On April 8, 1971, with the help of Piggy, Li Huai-ren reached an agreement with the Lands Department to purchase the remaining 35 million square feet of industrial land in Yuen Long at HK$4 per square foot, for a total of HK$140 million, payable in 36 interest-free monthly installments.

Currently, Hong Kong's industrial centers are still located in the eastern part of Hong Kong Island (such as North Point and Quarry Bay) and Kowloon (such as Cheung Sha Wan, Kwun Tong, and San Po Kong).

At that time, Yuen Long was still a typical "New Territories North Rice Paddy Area". Only in the early stages of the development of new towns (such as Tuen Mun and Sha Tin) did the demand for industrial land in Yuen Long mainly come from small local factories.

At that time, Yuen Long's main transportation still relied on Castle Peak Road (Castle Peak Bay Road) and limited train services (Kowloon-Canton Railway).

The Tuen Mun Highway was not fully open to traffic (it was not fully opened until 1978), resulting in high logistics costs and significantly lower land prices.

Land prices range from HK$4 to HK$20 per square foot, depending on their distance from highways and new towns, offering great flexibility.

At a normal price, the land price for this industrial site should be around HK$8 per square foot, but the final transaction price was HK$4 per square foot, and installment payments are also possible.

Of course, the premise was that Li Huai-ren paid HK$10 million to "Mr. Smith" and his associates through Piggy, and Li Huai-ren also paid an additional HK$1 million in activity expenses to Piggy.

With this, Li Huai-ren finally acquired the entire 5000 million square foot plot of land in Yuen Long.

Because there were so many shady dealings involved in this land sale, both the Land Administration Department and Li Huai-ren tacitly kept a very low profile.

Of course, both sides were very well prepared. On the surface, the 3500 million square feet of land was definitely not sold to Li Huai-ren, but to a bunch of offshore shell companies established by Li Huai-ren.

Piggy and Mr. Smith are very skilled at this kind of shady money-grabbing scheme.

Li Huai-ren then signed a contract with Li Zhao-ji's construction company in the name of Phoenix Industrial Company, entrusting the company to build the Phoenix Industrial Park that he had planned long ago.

The Phoenix Industrial Park will be constructed in five phases. The first phase will cover ten million square feet, and all of Li Huai-ren's factories will be located there after its completion.

Now, Li Huai-ren has a lot of cash on hand, and he is preparing to build the supply chain for his various companies, and will establish several more companies in one go.

At the same time, Golden Bauhinia Real Estate and YNM Securities Investment Company, which had been dormant for a long time, began to become active again.

On April 9, Golden Bauhinia Properties acquired two tenement buildings in Causeway Bay in one go, paying cash for the properties.

The following day, Golden Bauhinia Properties acquired three tenement buildings in Kowloon City.

On the same day, Golden Bauhinia Properties also acquired two commercial land parcels, each over 30,000 square feet, in Causeway Bay and Tsuen Wan.

Following Li Huai-ren's instructions, Jin Zijing Real Estate began acquiring real estate properties starting in April, mainly land, shops, and tenement buildings.

Especially the tenement buildings in Kowloon, which are located in the high-altitude restricted area for aircraft take-off and landing at Kai Tak Airport, are old, noisy, and cheap. Li Huai-ren, however, has a special fondness for them and has given Golden Bauhinia Properties priority in acquiring them.

Li Huai-ren is also like a mythical creature that only takes in but never gives out, allowing Jin Zijin Real Estate to only rent out and not sell all its properties.

Meanwhile, the people at YNM Securities Investment Company were also busy, secretly selling off Hui Tak Fung shares and quietly buying shares of companies such as Dairy Farm, Tao Da Foods, Wharf Holdings, and Hongkong Land.

As instructed by Li Huai-ren, YNM Securities Investment Company prioritized increasing its holdings in Dairy Farm and Taoda Foods.

On April 15th, Li Huai-ren finally received the good news he had been waiting for: the global patents for the Walkman and arcade machines had finally been obtained!

The next day, he immediately commissioned his brother-in-law's law firm to register Phoenix Electrical Appliances Company and Phoenix Electronics Company offshore.