Wolf of Xiangjiang

Chapter 40 [Backdoor listing]

Wednesday, September 6th.

The first phase of New World Center opened and guests gathered.

The first phase of New World Center includes: shopping mall, New World Hotel, and a second phase project, which is also part of the shopping mall and Regent Hotel, is expected to be put into operation in the early 1980s.

The reconstruction progress of Harbor City in Wharf is similar to that of Harbor City, which was basically completed in the early 1980s. However, in the 1990s, under the leadership of Wu Guangzheng, five high-end residential buildings in Harbor City were rebuilt into five Grade A office buildings.

With the opening of New World Phase I, it also heralds the prosperity of Tsim Sha Tsui. There are already two large comprehensive shopping malls, Harbor City and New World Center, as well as five-star hotels such as Peninsula Hotel and Sheraton Hotel.

In addition to Tsim Sha Tsui, another area on the Kowloon Peninsula that is undergoing earth-shaking changes is Tsim Sha Tsui on the east side. East Tsim Sha Tsui was originally a reclaimed land. In the mid-17s, the Hong Kong government auctioned the land in batches. A total of 160 hectares (1976 million square feet) of land brought a large amount of money to Hong Kong's finance from 1978 to . income. The major real estate developers that have acquired the land have built comprehensive buildings, five-star hotels, and shopping malls in East Tsim Sha Tsui.

Lin Zhengjie really wanted to buy a piece of land in East Tsim Sha Tsui, but unfortunately the price per square foot was already as high as 3 to Hong Kong dollars. A commercial land of square feet also cost more than million Hong Kong dollars, which was simply not within the reach of a less advanced businessman like him.

The reason why he wanted to acquire land in East Tsim Sha Tsui was because he knew that at its peak in 1981, land in East Tsim Sha Tsui would reach over HK$3 per square foot. Equivalent to the period from 1978 to 1981, the increase was six to seven times.

After the opening ceremony of the first phase of the New World Center, the organizers held a cocktail reception at the New World Hotel.

Lin Zhengjie was originally ignored by the guests at the reception. Everyone thought he was a young boy from some family, but they didn't know him, so naturally they wouldn't come forward to get to know him. Feng Qingshao, on the other hand, took the initiative to chat with him for a few words.

"Zhengjie, do you know Zheng Sheng?"

"We met some time ago and asked us to invest in New World Development stocks."

"Doesn't he think that someone really wants to acquire New World?"

"Of course not. His shareholding is very stable, and with He Sheng and Yang Sheng as allies, the shareholding is quite solid."

"That means he is very interested in you, an outstanding fellow countryman!"

"Just chat!"

Feng Qingshao chatted for a while and then said: "How about I introduce you to some people?"

Lin Zhengjie declined politely: "I don't want it today!"

Feng Qingshao took Lin Zhengjie to play several times, and even took him to the Jockey Club to experience it. However, the people he introduced knew Lin Zhengjie and were not of much use to Lin Zhengjie. They were also arrogant and looked down upon Lin Zhengjie, a grassroots person.

The reason why Feng Qingshao, Li Guoxing and others think highly of Lin Zhengjie is because Lin Zhengjie can make money for them. Otherwise, they still wouldn't play with Lin Zhengjie.

"Zhengjie, you are here!"

Just as Feng Qingshao was about to leave, Zheng Yutong came to Zhengjie with a group of real estate tycoons.

"Uncle Tong, Fourth Uncle"

Later, Zheng Yutong pointed at Lin Zhengjie and said: "Everyone, this is my friend I just met. Although he is young, he just made a huge profit of 4000 million Hong Kong dollars from Zhao Kee. Now, he is still an important shareholder of our New World!"

As soon as he finished speaking, Li Jiacheng, Chen Detai, Guo Desheng, Feng Guozhen and others all looked at Lin Zhengjie!
Lin Zhengjie clasped his fists and said, "Uncle Tong, thank you. I am just a speculator. How dare I act in front of all the real estate giants?"

At this time, Li Jiacheng suddenly said: "Has Lin Sheng speculated in Wharf stocks?"

At several key points, he always felt that someone was speculating in Wharf. Later, Du Huilian conducted an investigation, so he knew that it was a young man speculating in Wharf at Lihuojia Securities. Now, he just happened to ask this.

Lin Zhengjie said with a smile: "I am lucky enough to make a small fortune following Li Sheng!"

Li Jiacheng said sincerely: "As expected." First he made a lot of 'start-up' capital from Wharf, then he made a lot of money from 'Jane's Villa', and now he is investing in 'New World Development' stocks. This young man is simply too smooth.

He then laughed and said: "You are not making a small fortune!" He did not say anything clearly, but in the eyes of the people around him, it was clear that he was taking Lin Zhengjie seriously.

Of course, he was still a speculator after all. Even though he made tens of millions, no one really paid attention to Lin Zhengjie.

Lin Zhengjie also took the opportunity to take out his business card and passed it around.

Naturally, there are no business cards in return.

"Young man, don't be too ambitious. Those bullies won't believe you easily. If you don't believe me, you can pick up your business card on the ground later!"

A joking voice came from behind Lin Zhengjie, and he immediately turned around.

"It doesn't matter, it's just a piece of paper with contact information printed on it!"

"Haha, you have a good attitude!"

"May I ask you are?"

"Huang Qisong of Yiren Real Estate"

Lin Zhengjie knew very well about Hong Kong listed companies. He immediately found the corresponding information in his mind and said: "It turns out to be Huang Weng, whom I have admired for a long time. I am Lin Zhengjie, who has just entered the business world. Please give me your advice!"

Huang Qisong said with a smile: "You are just talking here, maybe you don't know Yiren Real Estate?"

Lin Zhengjie immediately said: "Of course it's not a show. Yiren Real Estate was listed in 1973. At that time, it raised 500 million Hong Kong dollars. It was an investment real estate developer. And Huang Weng, you made your fortune in manufacturing, and then entered the real estate industry to show your glory!"

Huang Qisong said in surprise: "Have you ever specifically understood me?"

Lin Zhengjie shook his head and said, "I have done some research on all companies listed on the Hong Kong Stock Exchange, so I am quite familiar with them!"

"Haha, interesting and interesting, you are not simple as a young man!" Huang Qisong praised. Then he took out his business card and said, "Make a friend!"

Lin Zhengjie immediately responded and handed over his business card.

Huang Qisong looked at Lin Zhengjie's business card and said, "Hey, your career is quite big!"

"Huang Sheng, don't underestimate this young man, he is very powerful!" At this time, Feng Qingshao led someone to the two of them.

Huang Qisong looked at Feng Qingshao and said, "It turns out to be Feng Sheng. Do you know Zhengjie?"

Feng Qingshao said enthusiastically: "Of course, we are partners and we are doing business together!"

After some conversation, Huang Qisong suddenly felt that Lin Zhengjie was a bit remarkable, actually doing business with a group of members of a prominent family. He just thought that Lin Zhengjie was just a young businessman with no foundation, who happened to be appreciated by Zheng Yutong and introduced him.

"Zhengjie, let's have dinner together some other time!"

"Huang Weng invited me, so I will naturally go to the appointment!"

No matter what Huang Qisong's purpose was, Lin Zhengjie was not timid. The reason why Lin Zhengjie was keen to contact Huang Qisong was because he liked the 'Yiren Real Estate' in Huang Qisong's hands.

This is a small listed company. When it was first listed, it only raised HK$500 million, which meant that its assets had just met the minimum standard at that time - an asset value of HK$2000 million. This company did not develop much after it was listed. After all, it was hit by the stock market crash and the oil crisis, and the real estate industry was in a slump for three years.

The current market value of Yiren Real Estate is less than 4000 million Hong Kong dollars. It is completely a mosquito company. In addition to Yiren Real Estate, Huang Qisong focuses more on manufacturing.

Of course, Lin Zhengjie cannot guarantee whether Huang Qisong will be sold, but Lin Zhengjie is not worried at all. There are many listed companies in Hong Kong. As long as you search patiently, there are many options for 'backdoor listing'.

(End of this chapter)