Started from Hong Kong Island

Chapter 105 [I want money, and I want revenge]

Thursday, May 7

Sun Hung Kai Properties was listed on the stock exchange. Although the shares had been subscribed, the expected increase did not occur on the day of listing. The share price barely moved for an hour, causing some investors who were in a "bargain hunting" mentality to become restless, fearing that the shares they held would become "fairy stocks" or even fall below the subscription price, and they would lose all their money.

Li Wendi was naturally not afraid, as he knew that the Huang father and son must have many hidden tricks up their sleeves, and the Huang family had plenty of funds in Singapore. It was only a matter of time before Sino Land's share price rose.

So Li Wendi immediately found Wu Xiong and asked him to organize people to buy the shares of Sun Hung Kai Properties from retail investors.

"Mr. Li, the situation is unclear right now. The major shareholder of Sun Hung Kai Properties is Singaporean. If some unexpected situations occur, your losses may be huge." Wu Xiong did not execute the order immediately, but persuaded Li Wendi according to his own judgment.

Li Wendi smiled, "Mr. Wu should know that the boss of Sino Properties, Huang Tingfang, is a wealthy businessman from Singapore. He has entered the Hong Kong market for two years and has invested tens of millions of dollars. He will not give up all his efforts. Otherwise, not only will the Huang family not be able to gain a foothold in Hong Kong, but their industry in Singapore will also be greatly affected. Therefore, Sino Properties will never fail."

Wu Xiong thought about it and seemed unable to refute Li Wendi's statement. If a strong company cannot be trusted, then how can the Hong Kong stock market make money?

"Okay, I'll arrange someone to do the job right away." Wu Xiong left in a hurry.

Li Wendi looked at the retail investors who were staring at the blackboard, and couldn't help feeling a little emotional. Wasn't he like this in his previous life?
In fact, even in a bull market, there are investors who lose money when speculating in stocks, but the number is smaller.

Soon, Wu Xiong appeared in the hall with several people and told the shareholders who held Sun Hung Kai Properties shares that they were willing to buy their shares at a price of RMB 2 per share.

"Hurry up and sell it. Other companies' share prices all soared after listing, but Sino Properties is the only weird one. It has always been 2 yuan. I think it will be hard for it to rise any higher."

"Didn't you hear? There are big investors buying up stocks. If there is no hope, why would those rich people be willing to pay to buy the stocks? I won't sell them yet. I think Sino Properties will definitely go up."

"Xiao Min, what do you think? Should we register to sell it?"

Some investors are optimistic about Sun Hung Kai Properties, while others are anxious to recover their funds, but the latter group has more people.

It seems that investors still lack confidence in newly listed Chinese companies. However, once Chinese companies are listed on a large scale, these investors will not have so many concerns.

An hour later, Wu Xiong came to report, "Mr. Li, we have purchased 34 shares of Sino Real Estate from various major exchanges, spending 68 yuan. Now you hold a total of 84 shares of Sino Real Estate."

"Okay, how much more can you acquire next?" Li Wendi nodded and asked.

Wu Xiong sighed and said, "Mr. Li, many shareholders have great confidence in Sino Real Estate, so they probably won't be able to acquire much."

"Well, then let's stop the acquisition." Li Wendi felt that 84 shares was already a good number. According to his estimate of Sun Hung Kai Properties' assets, the stock price would rise to 4-5 yuan, so he could earn more than 168 million, and it wouldn't take too long.

As expected, in the afternoon, Sun Hung Kai Properties Chairman Huang Tingfang held a press conference to announce to the outside world the assets, capital turnover, etc. of Sun Hung Kai Properties, and announced that a certain number of companies had bought shares of Sun Hung Kai Properties, such as Hang Lung Holdings and Hopewell Holdings.

When investors heard that these companies were optimistic about Sino Properties, they immediately flocked to the exchange and bought stocks at high prices from some retail investors who were unaware of the situation. Those retail investors were smiling at first, but after hearing the real news, they hurried to find buyers and wanted to get their stocks back. Suddenly, the exchange was in chaos.

Li Wendi watched the staff members modifying the share price of Sun Hung Kai Properties on the blackboard from time to time. It had risen to 2.4 yuan, an increase of 20%, just two hours after the press conference.

Although it is not as good as the companies that started hyping before listing, the timing of the efforts should not be different. By the close of the market, the share price of Sino Properties rose by 0.6 yuan, and Li Wendi earned 50 yuan.

The next morning, Sino Properties continued to release good news, saying it would buy a property worth HK$3000 million in Tsim Sha Tsui and Causeway Bay, and jointly develop the factory land with a certain factory to build four residential buildings.
The news exploded over the heads of investors like a bolt from the blue. Retail investors who sold their stocks early beat their chests in hatred as they missed the opportunity to make a fortune.

On the 14th, in just three hours in the morning, the share price of Sun Hung Kai Properties rose by 0.4 yuan. The performance in the afternoon will definitely be even better, and perhaps the share price will break through 5 yuan.

The momentum of Sino Properties was unstoppable, so Li Wendi stopped focusing all his attention on it and turned his attention to other things.

General Manager's Office of Changheng Real Estate Company
Chen Xingzhou was flipping through a document with a serious expression on his face, while Li Wendi looked relaxed, savoring the sweet tea.

"Mr. Li, where did you get this information? Is it reliable?" Chen Xingzhou asked with a frown.

"Mr. Chen, don't ask where the information came from. The information must be reliable, otherwise I wouldn't come here in person." Li Wendi said with a faint smile.

Chen Xingzhou looked at Li Wendi deeply, and nodded, choosing to believe Li Wendi. However, he did not understand the purpose of Li Wendi's move, so he asked, "What does Mr. Li want to do with this information?"

Li Wendi smiled cunningly, "What do you think, Mr. Chen, if we can take over Hengyao Real Estate Company?"

When Chen Xingting saw that Changheng Real Estate Company, headed by his younger brother Chen Xingzhou, had gone public, he did not want to fall behind. After obtaining Chen Fenben's consent, he used the power of Chen's Jewelry Company to inject capital into Hengyao Real Estate Company, causing the asset value of Hengyao Real Estate Company to increase sharply. Now the asset value has exceeded 2000 million and is still increasing.

Of course, this move would weaken the Chen Jewelry Company, but Chen Fenben also saw the benefits of raising funds through listing, and wanted to take the opportunity to add a high-quality industry for the family and enhance the family's status in Hong Kong.

In this era, Hong Kong's economy is growing rapidly, and the power of other families and companies is also increasing. If the Chen family does not keep up, it will not be able to maintain its current position, let alone improve its strength and status.

Hearing this, Chen Xingzhou's eyes widened and his heart beat violently. He had never thought of swallowing up his family's Hengyao Real Estate, but if he did, the market value of Changheng Real Estate Company would definitely exceed 100 million.

That's a market value of over 100 million. According to this development trend, Chen Xingzhou seems to be able to see himself becoming a business tycoon who is more powerful than his father Chen Fenben. How can this not make him excited?

But after taking a few deep breaths, Chen Xingzhou calmed down a lot. Instead, he felt that it would be difficult to succeed in this matter. "Mr. Li, Hengyao Real Estate is not easy to deal with. I used to be the general manager of Chen's Jewelry Company, and I know its strength very well. If my father is determined to protect Hengyao Real Estate, then it is unlikely that we will be able to take over Hengyao Real Estate."

"I know, that's why I want to drag you along." Li Wendi smiled mysteriously and continued, "Chen Xingting is his son, and you are also his son. Your father will be more likely to accept it if it falls into your hands."

This is also the main reason why Li Wendi approached Chen Xingzhou.

Once the fight starts and becomes intense, Chen Fenben will have to consider the losses of his family and start weighing the gains and losses. If it was an outsider like Li Wendi who was plotting against the Chen family's property, Chen Fenben would certainly fight to the death and would save his face even if he suffered heavy losses.

This does not conform to Li Wendi's interests. Li Wendi wants to give Chen Fenben a "reciprocity" and also wants to make a considerable profit from it.

Revenge with heavy losses is not Li Wendi's goal, and he doesn't want to do it.

Of course, if it comes to a last resort, Li Wendi will fight to the death to take over Hengyao Real Estate, otherwise the losses will be unbearable.

(End of this chapter)