Started from Hong Kong Island

Chapter 156 Chapter 157 [China Entertainment Properties]

Thursday, May 11

After a week, the share price of Cheung Kong Holdings has risen to 5.3 yuan, an increase of more than 70%. The upward trend is still fierce, and it seems that there is a possibility of rising to 7 yuan. At the same time, investors are still competing for Cheung Kong Holdings shares, and shareholders are holding on to their shares tightly, presenting a phenomenon of price but no market.

According to his memories from his previous life, when Li Huanggua saw this situation, he would immediately launch a wave of new shares, raise funds for share offerings, and buy a large amount of land and properties. Of course, if Li Huanggua wanted to keep his shareholding ratio unchanged, he would also need to pay some personal price. It can be seen that Li Huanggua's personal assets should not be underestimated.

Li Huanggua's personal net worth may be even greater than the current market value of Cheung Kong Holdings. After all, he has been in business for more than 20 years, which is not something a fledgling like Li Wendi can compare to.

Li Wendi can only rely on the "first mover advantage" to turn the situation around, otherwise those high-quality British companies will have no chance to get him in the future.

The Hong Kong market is so big that if you don't seize the opportunity and start acquisitions, you can only be a small rich man, so Li Wendi would never agree with what He Zefeng said.

The He family has always adhered to the style of "not robbing, and being kind to others". Maybe they are good at making friends, but when it comes to the critical moment, they may not be useless. Moreover, there is no suitable successor in the second generation of the He family, so they are destined to be in turmoil.

Soon, He Qijun received news that He Zefeng had officially begun to confiscate her power in Yuanhe Newspaper. Although he did not deprive her of the authority of her department, he tacitly allowed her uncles to interfere in the department's business, which made her feel uncomfortable.

Li Wendi smiled and said, "Yuanhe Newspaper is too small. It can't be compared with big companies like Oriental Newspapers and Ming Pao Group. If it's lost, it's lost. I'll make you a big one to play with."

Even though Li Wendi created a best-selling magazine like "Handsome", He Qijun could not believe that Li Wendi really had the ability to expand the newspaper to that level.

"I feel much better when you say that." He Qijun felt much better when she saw Li Wendi coaxing her. "The media industry is not that easy to work in. There is only one Oriental Press and Ming Pao Group in Hong Kong."

Li Wendi saw that He Qijun didn't believe him, but didn't get angry. Instead, he smiled and took out a document from his briefcase, "Take a look at this first."

After a moment, He Qijun asked in surprise, "Is this also your idea?"

"Of course, this is not just a magazine. There will also be a lot of derivatives, things that really make money." Li Wendi smiled proudly.

He Qijun didn't say anything and continued to look through the documents. She knew that Hong Kong was completely blank in this regard and being the first to try something new would definitely make money and would also have a great influence.

"You can also contact those celebrities, make cards with their portraits, and sell them to middle school and college students (primary school students have almost no purchasing power)." Li Wendi said slowly, "Now you believe me, since your grandfather already knows about us, why don't you resign from Yuanhe Newspaper and return to Qinian to be the boss."

In its previous life, "YES!" made a lot of money from celebrity cards, and was somewhat like a "hen that lays golden eggs". It was very popular among Hong Kong students, like a demon.

Two magazines with extraordinary sales are enough to support a newspaper company. It would not be difficult to develop into the scale of Yuanhe Newspaper by creating other products in the future.

Unfortunately, He Qijun hesitated after hearing Li Wendi's words. "I put a lot of effort into Yuanhe Newspaper. I don't want to give up."

Li Wendi suddenly became extremely serious. "How can we get anything else when we are stuck in the mud?"

"Qi Jun, Yuanhe Newspaper may seem like a treasure house, but it is actually a whirlpool. What you need to do is to escape from the whirlpool, and Yuanhe Newspaper will naturally return to your hands in the future. Think carefully and don't trap yourself to death in one place."

In the end, He Qijun still wanted to fight for it, maybe because he felt that he was better than those uncles.

In fact, Li Wendi also had his own little thoughts. He spent a lot of time and effort on He Qijun. Once He Qijun was controlled by He Zefeng through Yuanhe Newspaper, Li Wendi's efforts would be in vain.

Although He Qijun rejected Li Wendi's proposal, it obviously shook her determination to continue staying in Yuanhe Newspaper. Li Wendi believed that the seeds of the proposal would slowly sprout and one day grow into small trees.

Changxin Real Estate Company Office

Li Wendi was handling official business with a frown on his face, as if he had encountered some difficulty. "Hengyao Real Estate has been against us, bidding for all the properties and land?" Li Wendi asked in a deep voice.

Sitting opposite were two people, one was naturally Zhang Wentao, and the other was a talent poached by Li Wendi from other companies, named Wang Tichuan, who was specifically responsible for the land acquisition and development business of Changxin Real Estate Company.

Wang Tichuan has an average appearance, but he has a capable air. He is very efficient in his work and has a good vision.

"In terms of properties, Hengyao Real Estate has already snatched two of our properties, namely offices and shops in Tsim Sha Tsui and Wan Chai. Their method of doing things is very simple. They just raise the prices for the owners, even with a 4% premium. It seems that they are willing to stop us from making acquisitions at all costs." Zhang Wentao answered first, because the appearance of Wang Tichuan made him sense a strong sense of challenge.

After Zhang Wentao finished answering, Wang Tichuan continued, "The land acquisition I was responsible for also encountered difficulties with Hengyao Real Estate Company. They also paid a direct premium. In addition, with the competition from other peers, it is difficult for us to acquire high-quality land in Causeway Bay now."

"Why was our internal business leaked?" Li Wendi glanced at the two of them with a somewhat unfriendly tone.

Li Wendi guessed that the sniping of Hengyao Real Estate Company was related to the father and son of the Bao family. This should be Chen Fenben's revenge for the previous incident. Although there is no direct evidence to prove that Li Wendi did it, there must be an outlet, and the scapegoat can only be him.

Both of them understood what Li Wendi meant and were asking if there was a traitor in the company.

"Boss, I just joined the company not long ago and I don't know my colleagues very well, but don't worry, I will conduct an investigation immediately." Wang Tichuan immediately expressed his opinion and took the opportunity to warn the old employees.

Zhang Wentao also immediately stated, "The department I am in charge of will also conduct a thorough investigation."

"Well, don't make too big a move and disrupt the company's operations." Li Wendi changed the subject again and said, "Since Hengyao Real Estate wants to cause trouble, let's give them a good rip. You should immediately buy up properties and land in Causeway Bay, Wan Chai, Tsim Sha Tsui, and North Point. Buy as many as you can. As long as Hengyao Real Estate pays a premium, give it to them. I want to see how much reserve funds Hengyao Real Estate has."

"Understood, Boss!" they said in unison.

"Boss, since Hengyao Real Estate can interfere with our business, we can also interfere with their business. Although we can't take the business over, we can still make Hengyao Real Estate spend a little more money." Zhang Wentao suggested.

"Okay, but you have to be careful about the scale and not overdo it. Buying those properties and land at high prices will be a burden for us and will hinder the development of the company," Li Wendi reminded.

"Yes, I will pay attention to it." Zhang Wentao said happily.

Li Wendi felt that it was time to take ruthless action against Hengyao Real Estate Company. It was Chen Fenben who broke the agreement first, so of course he had to fight back. The measures just now were just defensive.

"Boss, this is the information about China Entertainment Real Estate that you wanted. I have already found out everything. China Entertainment Real Estate is planning to go public in the near future, and the stock subscription activity is being prepared." Zhang Wentao handed over the document.

When this matter was handed over to Zhang Wentao, Wang Tichuan had not yet joined the company and did not know about this matter. However, when he heard the news, he immediately guessed that his boss wanted to initiate an acquisition of China Entertainment Real Estate Company. Although he was not clear about the situation of China Entertainment Real Estate Company, it was listed and its asset value was at least tens of millions. Once the acquisition was successful, it would undoubtedly be an excellent expansion for Changxin Real Estate Company.

After Li Wendi finished reading the document, he handed it to Wang Tichuan and said to Zhang Wentao, "Immediately mobilize funds to subscribe for the shares of Zhongyu Real Estate Company. Remember not to alarm others, especially the Chen family."

"I understand." Zhang Wentao said, leaving the matter to him.

After reading the documents, Wang Tichuan said, "The company does not seem to have enough strength to initiate a takeover of Zhongyu Real Estate Company. If we force it, it will not be of much benefit to the company."

"What the legend said makes sense. Let's first become shareholders of China Entertainment Real Estate Company. According to Hong Kong's company law, if you hold more than 16% of the shares, you can get a seat on the company's board of directors. Then we will purchase about 20%." Li Wendi instructed.

Changxin Real Estate Company has spread its business too wide, so it will have some impact on its plan to raise 2000 million yuan in cash, and it will not be beneficial to its current investment projects.

(End of this chapter)