Started from Hong Kong Island

Chapter 120 [Acquisition Failed]

Sunday, March 8

Two days after Lin Jianye was re-sentenced, news broke again: Lin Jianye, the murderer in the attempted shooting case, committed suicide in Stanley Prison and left a remorseful suicide note.

The police force took out this suicide note and published it in all the newspapers in Hong Kong. Many people laughed at this superficial effort.

The authenticity of this suicide note is a matter of opinion. Some people are willing to believe it, but there are more people who don't. This has made the police suicide note incident a laughing stock in Hong Kong.

Li Wendi did not attend the so-called press conference held by the police force. He only published remarks in the newspaper saying that he believed the police force could maintain law and order in Hong Kong. He ignored other requests.

As to whether Lin Jianye was really dead, Li Wendi bribed a police officer to go and check.

Of course, Li Wendi would not trust just that one police officer, but dispatched no less than five people to investigate, and even arranged for someone to stab Lin Jianye in the chest several times, which naturally made him die.

Li Wendi also wanted to wipe out the other relatives of the Lin family, but unfortunately, considering that they would involve too many people and he had bodyguards to protect him, there was no need to cause such a big trouble for the time being.

The next day, Monday, August 8
On the day when Hopewell Holdings was listed, as Hopewell Holdings had a relatively good reputation in Hong Kong, the stock price saw a huge surge as soon as the market opened, rising from the face value of 2 yuan to 2.5 yuan. According to financial experts, it could rise to 21 yuan on the 3st alone.

Li Wendi obtained 10 shares of Hopewell Holdings through Wu Xiong's operation. It seems to be a small amount, but in fact Wu Xiong used a lot of connections to get it. After all, Hopewell Holdings was ranked first among Chinese real estate companies at that time, and it was undoubtedly the big brother. It was much more powerful than the well-known New World Development, Cheung Kong Holdings, and Sun Hung Kai Properties in the previous life.

It was a pity that it suffered a fake stock crisis in 73 and its stock price plummeted, falling 97% from its peak. It was not until 79 that it surpassed the peak level of 73. After the 80s, its business center was gradually shifted to infrastructure projects in the mainland, Thailand and the Philippines, and its position was gradually replaced by other new real estate groups.

Watching the staff constantly changing the share price of Hehe Industrial Company on the blackboard, some investors were delighted. After all, they made a lot of money as soon as the market opened.

Li Wendi was naturally quite reserved, but he couldn't help but smile. It was easy to make money working for a big company.

Soon, he saw Wu Xiong running over anxiously, as if something serious had happened.

"Mr. Li, Yongjin Real Estate Company's stocks have been bought in large quantities, and the share price has risen sharply to 2.4 yuan." Wu Xiong reported. He was a little worried that someone would learn from Li Wendi's previous method to hit the stock price, which would easily lead to a loss of money.

"Can you calculate how many shares of Yongjin Real Estate Company the buyer acquired?" Li Wendi asked with a worried look on his face, touching his chin.

The person who attacked Yongjin Real Estate is most likely Deng Jiaren. In any case, he holds 100 million shares of Yongjin Real Estate and has now made a profit of 140 million yuan, so we must pay attention to Deng Jiaren's movements.

Suppose Deng Jiaren goes crazy and sells at a high price, continuously pushing up the stock price. By then, the stock of Yongjin Real Estate Company will surely become garbage, and Li Wendi will lose 100 million yuan.

"It's close to 500 million shares, accounting for about 12.5%." Wu Xiong replied.

"What about the funds consumed?" Li Wendi continued to ask. He knew that Deng Jiaren and his team were short of funds, otherwise they would not have targeted him a few days ago.

"Around 900 million!" Wu Xiong pondered for a moment and then continued.

Li Wendi nodded. According to his idea, Deng Jiaren’s funds were almost exhausted. However, Deng Jiaren must have bought some during the subscription period. The exact amount was difficult to find out. Then he could only double 12.5%, which was 25%. There was still a gap of about 12% from the major shareholder.

"Let's sell the stocks first. As usual, don't alert the market." Li Wendi ordered.

Li Wendi had thought about sniping the Deng family, but the disadvantages outweigh the advantages. The Deng family still holds powerful weapons like He Liansheng. Unlike the police force, the community uses despicable means and will not consider the impact.

"Yes!" Wu Xiong continued with the next thing, "The share price of Lehong Real Estate Company has also risen to 2.4 yuan. Do we need to sell it?"

Li Wendi shook his head. "Lehong Real Estate still has room to rise. It would be a big loss to sell it now. Wait until it reaches 3.5 yuan, then come and let me know."

Unlike Yongjin Real Estate, Lehong Real Estate has steadily increased to 2.4 yuan, which proves that Lehong Real Estate has such potential. Even if it does not rise, it will not fall for the time being and can be held for a short period of time.

Li Wendi was still a little worried, so he asked Wu Xiong to come and report the situation of Yongjin Real Estate Company every once in a while. Of course, he was not worried about whether the Deng family's acquisition was successful, but he wanted to see if he could make a profit based on the specific situation. This was a good opportunity.

The next day, the share price of Hopewell Industries continued to rise. It had risen to 3.1 yuan at the close of yesterday's market. It had soared to 3.7 yuan before o'clock in the morning, making those investors even more crazy. They wanted to buy more Hopewell Industries shares from others, which made the private share price even higher than that on the stock market.

Li Wendi felt that he had too few Hopewell Industrial shares in his hands. If he could get more, he could at least make hundreds of thousands more.

Starting from the third day, the stock price of Yongjin Real Estate fell from a high of 2.8 yuan to 2.6 yuan, and the decline seemed unstoppable.

The boss of Yongjin Real Estate quickly mobilized funds to rescue the market and purchased a large number of stocks, but this only slowed down the decline, but there was no sign of the decline stopping.

"Mr. Wu, when the share price of Yongjin Real Estate drops to 1.7 yuan, you don't need to inform me, just buy it directly. The premise is still the same, don't let others find out." Li Wendi instructed.

"Okay!" Wu Xiong asked, "Mr. Li, do you mean that the boss behind the scenes will buy at a low price and make a profit from the difference?"

Li Wendi pretended to be dumb and said, "I don't know, but since they pushed the stock price down, they must want to continue buying, or they can just release it secretly and make a fortune."

"That's right." Wu Xiong nodded. This was the only analysis he could make based on the current situation.

Li Wendi took out a check from his pocket, handed it to Wu Xiong, and said with a smile, "Here is 5 yuan, as your reward for the recent period."

Wu Xiong's eyes lit up, and he quickly took the check, lowered his head and said, "Thank you, Mr. Li! I will work harder in the future."

Although Wu Xiong could earn a lot as a trader, 5 yuan was not a low amount, equivalent to the down payment for a house. In addition, Li Wendi also allowed him to buy some stocks, and he has made a small amount of money now.

When the market opened in the afternoon, Li Wendi received news: Lei Qi, the boss of Yongjin Real Estate, announced the issuance of 1000 million new shares in exchange for three industrial buildings in Kwai Chung from New World Development Company.

Such a powerful large company became the second largest shareholder of Yongjin Real Estate, which stopped the stock price from falling. At three o'clock, the stock price went against the current and started to soar from 1.9 yuan.

This move caught Li Wendi off guard. He had already sold all of his Yongjin Real Estate shares, so there was not much point in buying them again.

Deng Family Garden
Deng Jiaren reported the current situation, "Yongjin Real Estate's growth is unstoppable. Although our acquisition failed, we made four to five million."

"Have you found out what the relationship is between Zheng Yutong of New World Development and Lei Qi of Yongjin Real Estate?" Deng Songlian didn't care about a failure, but hoped that Deng Jiaren could learn from it and not make the same mistake again next time.

Deng Jiaren hesitated, obviously not thinking about this aspect.

Deng Songlian suppressed his anger and said to Deng Jiaren earnestly, "There will be a lot of companies preparing to go public in the future. We have a lot of opportunities, but we can't keep failing. We need to make a good summary."

"Your father was able to climb to his current position by learning from others' strengths and summing up the lessons learned. That's why the Deng family is what it is today."

“It’s okay to fail once, but you can’t fall in the same place twice. That requires you to know where you failed.”

Deng Jiaren heaved a sigh of relief. He thought his father was disappointed in him. "Yes, I will learn from this failure."

"I heard that Li Wendi made a lot of money from this acquisition." Deng Songlian asked casually.

"Yes, Li Wendi bought 100 million shares of Yongjin Real Estate when he subscribed, and he should have sold them at 2.4 yuan, with a profit of about 140 million yuan."

"Learn more from Li Wendi. Although he knew that we were going to acquire Yongjin Real Estate, he was not greedy and sold it at 2.4 yuan. Not everyone can do this. Do you think you can do it?" Deng Songlian said to Deng Jiaren.

(End of this chapter)