Started from Hong Kong Island

Chapter 170 [Persuasion]

The occasion is not important. What is important is who brings Li Wendi to the event and who introduces Li Wendi to the event.

In the Chinese world, there has always been the idea of ​​recommending and supporting younger generations. If a younger generation makes a mistake, the person who recommended it naturally needs to bear part of the responsibility.

He Zefeng is the recommender. Of course, He Zefeng also has some reliable interpersonal relationships, which are not accessible to Li Wendi at present. Li Wendi also knows that He Zefeng will not introduce these connections to him. After all, those are the He family's most valuable assets and are to be passed on to the new generation of heirs of the He family.

After Li Wendi left, members of the He family rushed into the ward, wanting to learn from He Zefeng the price they were about to pay.

"Dad, how was your talk with Li Wendi?" He Zhongmou asked with a guilty conscience. He believed that as long as the price he paid was not too high, he could still continue to fight for the control of Yuanhe Newspaper.

"Yes, Grandpa! How's it going? Li Wendi didn't ask for too much, did he?"

He Zefeng waved his hands, looking disappointed, and said, "Return all profits to the Qinian Newspaper, and He Zhongmou is not allowed to participate in any affairs of the Yuanhe Newspaper."

"Dad, Qijun and the others are still young, and you are not feeling well. If I don't help look after the family business, I'm afraid the younger generations will do something wrong." He Zhongmou said shamelessly.

Naturally, those family members cursed He Zhongmou in their hearts for being shameless. It was obviously he who brought shame to the newspaper and the family, but he said that he was "afraid that the younger generation would do something wrong." Isn't it wrong to let the old man save face and help him clean up his mess?
"Okay, this matter has been decided. I also hope Qijun can take a rest for a while. Yuanhe Newspaper will be temporarily handed over to Yongjian. Yongjian, can you do a good job at Yuanhe Newspaper?" He Zefeng made the decision immediately.

He Yongjian's pupils dilated slightly. How did this pie fall into his head? "Yes, Grandpa! I am confident that I can run Yuanhe Newspaper well, please rest assured."

"If you have any difficult decisions, you can call me at any time. I will do justice for you." He Zefeng glanced at He Zhongmou, as if to say, 'Be honest with me.'

He Zhongmou breathed a sigh of relief. Although he was forbidden to participate in the affairs of Yuanhe Newspaper, Yuanhe Newspaper fell into the hands of He Yongjian. It was considered to be still in the hands of their third branch, which was much better than falling into the hands of others.

Those family members were all indignant and thought that He Zefeng was unfair, but no one dared to question He Zefeng's decision to his face.

He Qijun was also a little disappointed. Why didn't the conditions agreed with Li Wendi come true? Did Grandpa refuse, or did Li Wendi not tell him, or did some other unexpected thing happen?
She knew it would be bad to confront Li Wendi, but she couldn't help it.

"Ms. He, the boss is looking for you. He said he wants to explain to you what happened just now." As soon as He Qijun arrived at the garage, a bodyguard in a suit came up to her and spoke to her.

"Okay!" He Qijun pulled out the key angrily, walked to a black car and got in.

"Please explain why you didn't fulfill your promise?" He Qijun said angrily.

Li Wendi stroked He Qijun's back and said with a smile, "There are three reasons. First, your third uncle will not give up Yuanhe Newspaper. He just keeps a low profile for the time being. Second, you work at Yuanhe Newspaper. You have to report important matters to your superiors. Being timid will have a great impact on your development. Third, although your last name is He, Yuanhe Newspaper will not be handed over to you. You are just a senior administrator."

"Qinian Newspaper is different. You are the major shareholder and have a veto power (in name only). No one interferes with your work. If you need money, just tell me and I'll get it to you in minutes. Why bother yourself for someone else's business?"

"Isn't it good to run your own business? In the future, you, He Qijun, will become another Wu Xian (Wu Xian is the owner of Sing Tao Daily, one of the three major newspaper groups in Hong Kong)."

Speaking of Hu Xian, He Qijun took a deep look at Li Wendi, and asked in a questioning tone, "Do I really have the potential to become Hu Xian?" "Of course!" Li Wendi nodded seriously, "I have money, you have talent, so what else do you lack? Since you have everything, you will definitely succeed."

"I'm still worried about Yuanhe Newspaper. It's my grandfather's hard work." He Qijun sighed.

Li Wendi said, "Now that your grandfather is still alive, you still have someone to back you up. If you run into a similar predicament as the one a few days ago, who will be able to help you? Do the men of the He family want to hand over the He family business to an outsider like you? Who can guarantee that you, He Qijun, will not embezzle these properties?"

"I" He Qijun wanted to refute, but didn't know where to start.

In the Chinese world of Hong Kong, family businesses are the life's work of tycoons, so how could they not pass them on to their sons?

In their minds, they still retain the stubborn ideas of Confucianism and the patriarchal system, and believe that destroying the inheritance system will prevent the family from being passed down for many generations.

"Well, when you have a son, you will understand everything." Li Wendi said with a smile. Even though he was from the 21st century, he had a strong desire for his son to inherit the family business, not to mention the tycoons who had experienced the Republic of China era.

Monday, September 12
New World Development Company Limited is listed on the Far East Stock Exchange. The company's authorized share capital is HK$7.5 million and paid-up share capital is HK$6.74 million. In addition to the New World Centre site in Tsim Sha Tsui, it also owns 4 high-end commercial and residential buildings, 4 cinemas and some shops and office units with a total area of ​​74.6 square feet and annual rent of up to HK$2130 million.

In addition, it owns 6 commercial and residential buildings under construction, and its scale is no smaller than that of real estate companies of the same class.

Li Wendi bought 120 million new shares of New World Development Company through Wu Xiong, Zhang Wentao and Wang Tichuan, spending nearly 500 million yuan.

He felt that New World Development would be able to stand out just by relying on the blue chimney land in Tsim Sha Tsui. What's more, the backer of New World Development was Cheng Yutong, the helmsman of Chow Tai Fook Jewellery Company and a man with huge cash flow.

Therefore, Li Wendi believed that before March 73, the share price of New World Development Company would at least rise to 3 yuan, and he could earn 10 times the profit, which was a very good investment.

"Boss, the Hong Kong government is planning to hold an auction of government land on December 12. We can't get the list of auction land for the time being, and it may not be announced," Wang Tichuan reported.

"In your opinion, what kind of land will the Hong Kong government put up for auction?" asked Li Wendi.

"The Hong Kong government owns so much land that it is impossible to guess, but I have asked someone to contact officials from the Land Department, who should be able to get some inside information."

"You will contact officials from the Land Bureau, and other colleagues will also contact them. We have no advantage at all, but it is better to have news than to have no news." Li Wendi said calmly, "Study the land on the list carefully, and try to get the high-quality land. As for the land in a slightly worse location, don't do anything for now."

"Yes!"

Li Wendi already owns two listed companies, which are directly controlled by Starlight Real Estate Company. The total market value has exceeded 1.5 million. It is a good small and medium-sized real estate company, but Li Wendi's personal reputation is poor.

It shouldn't be a big problem to grab one or two pieces of relatively high-quality land at the official land auction.

(End of this chapter)