Started from Hong Kong Island

Chapter 137 Chapter 138 [Some people lose money even in a bull market]

"It seems that I have to make concessions today." Ma Yunhui said he would make concessions, but his attitude showed the opposite.

"Brother Hui, it's just a matter of money. Hong Kong is now full of gold. If you are willing, it is not a problem to make 100 of them a month." Li Wendi said with a smile, "You know my ability."

He Qijun clenched her hands tightly. She had never seen such a scene before, but her face did not show any fear.

"Okay, I'll give you, Li Wendi, this favor today, 38! But if the business in Sai Wan is not as good as before, don't blame me." Ma Yunhui showed a fierce look and threatened Li Wendi.

"Don't worry, I said I'll take care of it, and I won't break my promise." Li Wendi crossed his fingers, "Where's the person? Let me take him away first."

Ma Yunhui waved to the younger brother behind him, and the younger brother walked out of the warehouse.

A moment later, a young man with a bloodstained suit and a bruised face staggered over. He looked very miserable and seemed to be just a shell of a body.

He Qijun was shocked. He quickly stood up from his chair and walked over to the young man, holding his hand. "Brother, how do you feel?"

"It's okay, I can still hold on." He Yongguan said in a intermittent and weak voice.

"This is a check for 38 yuan. As for other things, we can talk about it another day. I'll send the person to the hospital first." Li Wendi handed the check to the table in front of Ma Yunhui's chest.

So, Li Wendi, his bodyguards, and He Qijun and his sister left the warehouse and went to a nearby hospital.

"Are you Li Wendi who worked with Yuanhe Newspaper to publish a magazine? Let me tell you, don't even think about taking advantage of my sister, even though you saved me."

Before He Yongguan finished speaking, He Qijun interrupted him and said, "Brother, take a break first and stop talking nonsense."

"Mr. Li, I'm sorry! My brother meant no harm." He Qijun quickly apologized to Li Wendi again.

"I know." Li Wendi complained in his heart, 'I should have let Ma Yunhui fight for a while longer', but on the surface he smiled and said, "He Sheng doesn't understand me. Once you understand me, you probably won't say such things anymore."

He Yongguan wanted to say something, but was threatened by He Qijun's eyes and swallowed his words back.

"Mr. Li, I will return the 38 yuan to you as soon as possible," said He Qijun.

After arriving at the hospital, He Qijun refused Li Wendi's company and instead walked in alone, supporting He Yongguan.

Li Wendi did not force it, but instead raised the corners of his mouth slightly. Caring for family is naturally a weakness, especially for those who want to protect their family but lack the ability.

At 6pm that day, the board of directors of Hong Kong Holdings held a press conference. Those present included Chairman Henry Keswick, Chinese directors Li Mingze, Jian Yueqiang, Luo Wenhui and others. Keswick announced that the acquisition of Dairy Farm was successful, and the share count was still in progress and would be announced later.

Regarding the future of milk, Keswick said that the original name and business model of the Dairy Farm Company will remain unchanged, the position of the chairman of the board will remain unchanged, and the Dairy Farm Company will be "independent and self-reliant."

At this point, the battle for dairy farming officially ended, with the Hong Kong Land Development "completely defeating" the Dairy Farm.

Wednesday, May 10

Hong Kong Land announced in major newspapers that the farms in Causeway Bay and Pokfulam were ready to be relocated. The company had already discussed with the Hong Kong government that the relocation site would be the New Territories. The land of the farms would be developed. It was planned to build a large number of commercial buildings in Causeway Bay and a high-end residential area in Pokfulam.
As a result, the share prices of Dairy Farm and Swire Properties started a new round of surge.

Everyone in Hong Kong knows that Causeway Bay is about to rise and is expected to become a prosperous area like Tsim Sha Tsui. Now with the recognition and promotion of the Hong Kong Land Development, the land prices in Causeway Bay have also increased significantly.

Friday, October 10

HSBC Trading Room

During the trading hours, the place is naturally bustling with people, and investors of all sizes are talking about the increase in their stock investments.

"I think the Dairy Farm stock price can go up to 100 yuan, while the Hong Kong Land stock price is a bit lagging, it would be good if it can go up to 93 yuan." "It is still worth investing in those newly listed Chinese companies. The Sun Hung Kai shares I hold now have risen to 7.8 yuan, and I have made more than 50% profit, which is many times better than the Hong Kong Land stock."

"The growth of those small listed companies is also good. Although it can't increase several times, their subscription price is low. We can buy tens of thousands of shares. I have made more than 3 yuan now."

Grandma, housewife, grandpa and uncle were all discussing their views with each other. It was obvious that they had all made the ideal amount of money from the stock market.

Li Wendi didn't know whether they knew each other, but they all had smiles on their faces.

When some people are happy, others will be sad!
Wu Xiong, who claimed to be an elite in the financial world, lost some money on the stocks of Dengji Real Estate Company. He thought that the stock price of Dengji Real Estate Company would hardly rise further, so he sold it at the price of 1.6 yuan. As a result, the profit he made was not enough to deduct the expenses, and he lost about 4% of the principal.

Of course Wu Xiong followed Li Wendi's footsteps, but at the critical moment, he felt that he was not as rich as Li Wendi, and he was unwilling to tie up his money in Dengji Real Estate Company, so he sold his stocks.

Now, Deng Kee Real Estate Company has started to announce some good news, such as buying a 5-story office in Causeway Bay, so the stock price began to rise. The current stock price is 1.8 yuan, up 0.2 yuan from before.

"Mr. Wu, I heard that Hang Lung Group is also preparing to go public. Can you help me get more subscription shares?" Li Wendi tapped the table with his fingers, and the sound woke up the absent-minded Wu Xiong.

"Sorry, Mr. Li! I was distracted and didn't hear what you said." Wu Xiong apologized quickly, his face full of panic.

Li Wendi was somewhat helpless. If he had not been dealing with Wu Xiong for a long time and had some personal feelings towards him, he would have wanted to replace the trader.

After hearing Li Wendi's request, Wu Xiong thought for a moment and said, "I'll try to get more for you."

Hang Lung Group is preparing to go public on October 10 and will start stock subscription tomorrow.

Hang Lung Group was founded in 1960 by the Chen brothers. In the early days, they developed a number of buildings in Prince Edward Road, Kowloon. They rose to prominence in the Hong Kong government's land exchange transactions in the early and mid-60s, acquired a large amount of land in Ho Man Tin Hill, and built the Hang Shun Court residential building, which established Hang Lung's position in the Hong Kong real estate industry.

Hang Lung Group is preparing to publicly offer 2400 million new shares at a price of HK$8.5, and is expected to raise more than HK$2 million.

At this time, Hang Lung Group already owned 5 development sites, including the luxury residential building Hang Lung Garden at 1 Leighton Road in Mid-Levels, Hong Kong Island, Hang King Court and Hang Ying Building on Cloud View Road in North Point, as well as 6 completed rental properties, such as Hang Lung Center in Causeway Bay and Park Yu Commercial Centre in Kowloon.

Moreover, according to the plan announced by Hang Lung Group, the funds raised from this IPO are intended to purchase Shaw House and Xinhua Theatre in Mong Kok, Kowloon, at a cost of approximately 1.15 million yuan.

Therefore, Li Wendi believes that the investment in Hang Lung's listed stocks seems to be more valuable than the previous Sun Hung Kai Properties, Hopewell Holdings and Dachang Properties, and will make more money.

Seeing Wu Xiong like this, Li Wendi couldn't help but admonish him, "Mr. Wu, investing in stocks won't always make money. If you can't accept losses, it proves that you are not suitable for stock trading."

"Mr. Li, what you said is true. I remember it." Wu Xiong still explained, "I am obsessed. Maybe I have been making profits before, but now I have lost a little money, which has affected my confidence."

Li Wendi stopped talking and changed the subject, "Please help me sell the shares of the Landmark Company. There shouldn't be a big increase in the near future."

Hearing this, Wu Xiong asked with a little surprise, "The Hong Kong Land Company is preparing to vigorously develop the land in Causeway Bay and Pokfulam. There should be another big increase, right?"

"Mr. Wu, I'm not here to answer your questions." Li Wendi said somewhat unhappily.

"Sorry, I have too many questions. I'm going to sell my stocks now." Wu Xiong turned around and left in a hurry.

Wu Xiong said that his confidence was hit, but in fact he was still as self-righteous as ever, and he couldn't change his bad habits.

Soon, Wu Xiong completed the task and came back. "Mr. Li, you hold 6.7 shares of the Landmark Company, with a total of 642.39 million yuan in funds raised, a profit of 113 million yuan, and a rate of return of 21%."

Li Wendi nodded. The second increase in the value of the Jardine Matheson Holdings Group was indeed not high, but it did not take long. It was a good investment, not much worse than investing in stock subscriptions.

(End of this chapter)