Started from Hong Kong Island

Chapter 16 016 [Making a Big Profit]

People like Wei Renwei are flexible and can be a ruthless person or a grandson. However, Zhang Yan can't be either of these two types of people.

If you are not strong enough in heart and thick enough in skin, you are destined to be a small person.

After gradually gaining a deeper understanding of Hong Kong's social situation, Li Wendi discovered that only with the identity of a gangster could he get along well at the bottom level. After all, he wouldn't have to worry about being hit by someone else.

"If I hadn't known that the establishment of the Independent Commission Against Corruption in 74 would usher in a round of cleansing in Hong Kong, I would really be reluctant to give up this identity," Li Wendi thought in his heart.

The clothing store's business is pretty good. Although it has dropped to 42% of the first day of opening, it still has a turnover of more than 3000 yuan and a profit of around 800 yuan. Li Wendi feels that this business is more profitable than other industries.

Of course, this also gradually attracted the attention of peers, and some clothing stores began to lower their prices, and one store even offered lower prices.

If he was not the person in charge of Tsim Sha Tsui, he would have most likely been plotted against. A beating would have been the least of his punishment. After all, he alone had affected the prices of the clothing industry in Tsim Sha Tsui, causing those merchants to lose a lot of money.

The Chinese have a very strong ability to imitate. It is obviously impossible to develop according to this model because malicious competition has already occurred, and it was Li Wendi who started it first.

Therefore, he wants to sell it at a high price to obtain the maximum profit.

The next morning, Li Wendi and Sun Hung Kai Properties' Ho Wai-kin signed the contract at Tsui & Chow Law Firm in Tsim Sha Tsui.

Li Wendi was a little excited when he received the check for 127.5 million yuan. He earned nearly 30 yuan in just one or two weeks. Now he has 60 yuan in funds on hand (he still needs to pay the balance of 68 yuan). Investing in the stock market should make some splash.

After going to HSBC to cash the check, Li Wendi changed his mind again and reduced the amount of money he invested in the stock market from 60 to 30.

Because he still needs hundreds of thousands of funds to invest in real estate, the money coming in local cities seems to be faster than the ordinary stock market, so he must seize the opportunity.

HSBC Trading Floor
When Wu Xiong saw Li Wendi, he walked over with a smile and greeted him, "Hello, Mr. Li! Do you want to continue to enter the market today?"

Traders take commissions from their clients' transaction fees, and the larger the amount of capital, the more money they naturally get.

Li Wendi is one of Wu Xiong's big clients, so he must be treated well.

"Well, I guess so! How is the share price of Hutchison Group today?" Li Wendi asked with a smile. In fact, he has been paying attention to the news about Hutchison Group.

In September, the boss of Hutchison Group, John C. Johnson, went crazy and invested a lot of money in stock market securities. When the news came out, the share price of Hutchison Group rose sharply. Yesterday, the share price was 5.2 yuan, which was 1.4 yuan higher than when Li Wendi bought it.

Wu Xiong reported truthfully, "It went up 3 cents today. The current share price is 5.5 yuan. It should go up further. Mr. Li, you are going to make a lot of money."

Li Wendi was not impressed at all by Wu Xiong's compliments. He had heard too many such flattering words in his previous life. Wu Xiong's words were still relatively shallow. However, Wu Xiong was right. The share price of Hutchison Group would continue to rise.

The key point is that Li Wendi has no better choice.

However, he did not plan to use the 30 to buy Hutchison Group's shares. Everyone knew that Hutchison Group was going to rise sharply, and he would not make much money if he bought in.

Li Wendi remembers that in 71, Kam Hing Properties, a company owned by the Zhang Yuliang family, exchanged shares with Wheelock Properties for part of the shares of Federal Realty Corporation (a listed company) and properties such as May Road, Plantation Road and Garden Terrace in Mid-Levels. When John Madden, chairman and CEO of Wheelock Properties, announced the purchase of these properties, the share price of Wheelock Properties soared.

Wheelock & Company was one of the four major trading companies in Hong Kong in the 1960s and 1970s. Although it was ranked at the bottom, it should not be underestimated.

And since we haven't heard any news of this kind yet, it's obviously going to be announced soon, so this is a good opportunity.

So, Li Wendi handed a check for 30 to Wu Xiong and said, "Mr. Wu, this is 30. Please help me buy all the shares of Wheelock."

Wheelock Group already has a large number of real estate properties, and its stock price has risen quite well, but it is naturally a little worse than stocks like Hutchison Group.

Therefore, it is still relatively easy to buy.

Wu Xiong took the check and said to Li Wendi, "Mr. Li, the share price of Wheelock is 3.3 yuan. It should take three or four hours to buy all the 30 shares."

Li Wendi looked at the time and said, "Okay, I'll wait here until the market closes, and you can do the business." 30 yuan could buy about 9 shares of Henderson Land Development. As for how much he could earn, Li Wendi really couldn't have expected it.

He only remembered one incident in his previous life. He had no idea how high the stock price would rise, but he knew he would definitely make money.

Because Wheelock was doing well at that time and there was no sign of collapse, and the market was good, it was just a matter of how much profit could be made.

However, Li Wendi felt that it would not be much worse than investing in Hutchison Group. After all, most of the properties under Kam Hing Properties were residential land and properties in Central, which was a well-known wealthy area.

When the market was about to close, Wu Xiong came out with the stock certificate and said, "Mr. Li, your 30 yuan just bought 9 shares of Wheelock. Here is the certificate."

"Okay, thank you for your hard work, Mr. Wu!" Li Wendi took the voucher, chatted with Wu Xiong for a few minutes, and then left HSBC Bank.

Seeing that it was still early, Li Wendi found his creditors Zhang Qian and others and paid them the balance. In this way, Li Wendi spent nearly 100 million in one day.

"When money is dispersed, people are happy!" Li Wendi sighed as he looked at the busy streets.

He spent three quarters of the money he just received. He spent money like water.

The beginning of April

Li Wendi was reading a newspaper in the shop as usual. This was his first step of the day.

The world at that time had not yet entered the era of smartphones, and the means of obtaining information was very primitive, which was to read newspapers. This was also one of the ways Li Wendi looked for investment opportunities.

Today, there are only about 80 listed companies on the Hong Kong stock market, most of which are foreign-owned companies, and there are very few Chinese-owned companies.

A lot of the news in the newspapers is useless, such as a tragedy on a certain street or a scandal about some playboy.

However, Li Wendi still needs to read carefully. No matter what era, information needs to be screened and judged.

"So you're here. I've already called you." A familiar voice came.

Li Wendi looked up, looking a little surprised.

The person who came turned out to be Deng Jiaren.

The thought of "trouble" immediately popped up in Li Wendi's mind.

bother you for something!
According to what was agreed before, Deng Jiaren would definitely bring trouble. After all, Deng Jiaren's background was there, and there was no need for him to visit for trivial matters.

"I'm here every day." Li Wendi said with a smile, "Sit down! Xiao Qian, make me a cup of coffee."

"You still remember that I like drinking coffee." Deng Jiaren said.

Li Wendi put away the newspaper, looked at Deng Jiaren and said, "This is your habit, I don't think you will change. What's wrong? What's the trouble?"

None of them are the same as they were when they were young, and they haven’t been in touch for several years. Li Wendi doesn’t want to reminisce or anything.

Deng Jiaren took a sip of coffee and said, "The coffee here is not good. Go get some from me."

"I like to drink tea now, and I don't like coffee very much."

The original owner prefers to drink coffee, but Li Wendi doesn’t like it and thinks it is bad for the stomach.

"My dad has some good tea." Deng Jiaren thought for a moment and continued, "There is a troublesome matter that needs your help."

(End of this chapter)