Started from Hong Kong Island

Chapter 208 [Xiangjiang Daily]

"Okay, but the shareholding is only 8%, and the price is 680 million." Cui Baiquan's expression immediately became serious. He felt that Li Wendi would dislike the small share.

"8% is not a small amount. As long as Cui Sheng continues to run Legu Printing and Real Estate Company, won't we shareholders be able to make money without doing anything?" Li Wendi said a little embarrassedly, "I want to change the payment method of 300 million. I will pay 100 million first, and the remaining 200 million will be paid within three months. However, I hope the handover can be completed within half a month."

"Mr. Li, do you want to mortgage these businesses to the bank to pay off the remaining loan?" Cui Jun was very smart and guessed Li Wendi's plan directly.

Li Wendi also generously admitted, "Mr. Cui's guess is correct. The scale of the Qinian Newspaper is very small and it is impossible to come up with 300 million in cash. This is the only way to do it."

"But you two can rest assured. If the Qinian Newspaper cannot pay, I can personally pay for it first."

"Haha!! Of course we believe in Mr. Li's ability. Let's go to the law firm to sign the contract tomorrow." Cui Baiquan made the decision immediately. Li Wendi's ability was unquestionable. Even if Qinian Newspaper could not afford it, there were still Changxin Real Estate and China Entertainment Real Estate to take over.

In fact, what Li Wendi is most interested in is the 8% shares of Legu Printing and Real Estate Company. Whether Legu Printing and Real Estate is listed or the company is sold, he can deal with it calmly. After all, the asset value of Legu Real Estate Printing Company is very rich, otherwise Hang Lung Company would not have acquired Legu Real Estate Company (later changed its name to remove the word "printing") at a high price.

Cui Baiquan agreed so readily that Li Wendi undoubtedly owed him a small favor.

Li Wendi naturally wanted to be involved with the Cui family so that it would be easier for him to take over Legu Real Estate Company than others in the future.

mid-July
The first Miss Hong Kong pageant organized by TVB officially began. Originally, the event was not very popular, but TVB's head, Li Ka-shing, bought advertising space in major newspapers and promoted the pageant extensively.

The Qi Nian newspaper was naturally among Li Ka-shing's choices, but Li Ka-shing only sent a manager-level person to discuss the issue of advertising fees. Fortunately, the price offered was in line with the current market situation, and He Qijun agreed immediately.

Under the "bombardment" of money being spent lavishly, the popularity of the Miss Hong Kong pageant has become second only to the stock market, so many Hong Kong people will sit quietly in front of the TV at night to watch this pageant.

Li Wendi was no exception. Huang Lixin sat next to Li Wendi, holding a book. Her mind was neither on the book nor on the TV program. Her eyes were a little evasive, as if she had something to say to Li Wendi.

Li Wendi turned around and glanced at Huang Lixin, then smiled and said, "Just say whatever you want to say. Even if you have found your ideal husband, you can say it out loud. Let's part ways in peace."

It would be easy for Li Wendi to find a replacement for Huang Lixin in Hong Kong, because she is not as stunning as Guan Jiahui and Li Jiaxin.

"No! I don't want to leave you." Since Huang Lixin participated in the selection activity, many people have pursued her. Unfortunately, none of them are as rich or handsome as Li Wendi. She also knows that these people are just greedy for her beauty and are not sincere.

This made her realize that Li Wendi was absolutely a hot commodity, and once she was let go, she might never get her back.

"I met a woman in a selection event. Her name is Zhao Yazhi. She is prettier than me and she seemed to want to find a boss to rely on. I tried her tone and she seemed willing to be a lover. I wonder if you are interested?" Huang Lixin said a little embarrassedly. After all, this matter was a bit like "pimping".

Li Wendi smiled and said, "Why do you want to introduce a beautiful lover to me? Aren't you afraid that someone else will come and take your place?"

"It's possible, but I believe you won't abandon me." Huang Lixin felt that there were not many women who could introduce beautiful women to their sponsors, and this would be one of her means to consolidate her position.

"It's up to you. Just remember not to pull anyone towards me." Li Wendi said casually.

Huang Lixin frowned as she tried to understand what he meant. Was Mr. Li talking about quality or a person's character?

The next morning, Li Wendi received an invitation letter from HSBC Bank, saying that it was an annual charity gala held by HSBC Bank, and sincerely asked Li Wendi to attend. As for when he arrived at the venue, he could donate as much as he wanted. Li Wendi smiled when he heard this. When he arrived at the charity gala, all the people were well-known figures in Hong Kong. Who would really not donate, not even the stingy boss of Chinachem Real Estate Company, Wang Dehui.

This man's stinginess is admirable. Although Wang Dehui lives in a garden villa in the mid-mountain area, he could have built a swimming pool in the vacant land. However, Wang Dehui set his sights on the swimming pool of his generous neighbor. Unfortunately, after swimming in it many times, the neighbor impatiently locked it.

Wang Dehui was so angry that he circled around his neighbor's villa, trying to find a gap to go in for a swim. However, he was mistaken for a thief by the patrol police and was interrogated for a long time. Wang Dehui was extremely embarrassed at that time.

This incident is just an ordinary one among Wang Dehui's many stingy incidents, which shows how annoying Wang Dehui is because of his stinginess.

Wang Dehui is just an outlier among Hong Kong's wealthy people. Most of the wealthy people still value their own face, so the charity event held by HSBC will definitely raise a lot of money.

Qi Nian Newspaper
He Qijun asked Li Wendi to come to the newspaper office, saying that there was something important to discuss. Li Wendi rarely heard He Qijun speak in such a formal tone, and there was a hint of excitement in her voice.

"What's the matter that makes you so anxious to find me?" Li Wendi still spoke in a joking tone. It was natural for him and He Qijun to get along well, and there were no major obstacles on the He family's side.

He Qijun immediately handed over a report and excitedly explained, "The Xiangjiang Daily is ready to be sold. I plan to buy it. What do you think?"

The Hong Kong Daily News is not suffering from particularly severe losses, but the owner of the newspaper is planning to sell it.

The Hong Kong Daily was founded in 1932 by a British man named James Edward. It is one of the earliest Chinese commercial newspapers in Hong Kong, six years earlier than the Sing Tao Daily. It has a history of 6 years and enjoys a relatively high reputation in Hong Kong society. It has a considerable gap with nouveau riche newspapers like the Qinian Newspaper.

During World War II in 1940, the sales of Hong Kong Daily reached 20 copies, making it the best-selling daily newspaper in Hong Kong that year. However, after the Japanese Army captured Hong Kong in 41, the founder abandoned the Hong Kong Daily and fled back to Britain. The Japanese Army then took over the Hong Kong Daily and it developed well.

After the end of World War II, unfortunately, the "Hong Kong Daily" had once promoted and praised the R Army, and the people of Hong Kong hated it very much. Sales plummeted. James Edward tried everything but was powerless and could only sell the "Hong Kong Daily" to the Chinese Lin Yongjia.

Until 1965, Lin Yongjia passed away. His playboy son squandered the family fortune in just one year. There were only five machines left in the printing factory and a large amount of debt, so he had no choice but to sell the Hong Kong Daily.

After changing hands for several owners, the sales of Hong Kong Daily News stabilized at around the tenth place. The current owner Zhou Liangzhi lost a large sum of money in the stock market and wanted to sell the daily newspaper to fill the hole.

However, as the news spread, buyers took the opportunity to lower the price, so it has not been sold yet.

Zhou Liangzhi only wants to sell the Hong Kong Daily, and its printing business has been separated, probably because he wants to preserve the printing industry.

"We have just agreed to buy the printing business of Le Gu Printing and Real Estate Company, and now we want to take over the Hong Kong Daily News. I'm afraid it will be difficult to turn over the funds." Li Wendi said thoughtfully. He knew that merging with the Hong Kong Daily News would enable the Qinian Newspaper to take off, but he didn't have that much money. If he forced it, he might choke to death.

The competition for the acquisition is certainly fierce. Who in the newspaper industry would not want to expand their influence? Moreover, once news gets out that Qinian Newspaper wants to acquire Xiangjiang Daily, its peers will most likely take the opportunity to retaliate against Qinian Newspaper. Even if they succeed in acquiring it, they will not be able to get the current price.

"I plan to mortgage two magazines to the bank and get a loan to buy the Xiangjiang Daily." He Qijun spoke softly, as if she was not confident enough. "If we can buy the Xiangjiang Daily, our Qinian Newspaper can move up a level. Although we can't compare with those group companies, we can be considered a medium-sized newspaper in the industry."

Women are also very ambitious in their careers. He Qijun's "snake swallowing an elephant" approach is very aggressive. If she is not careful, the Qinian Newspaper will be "destroyed and people will die".

Li Wendi wanted to develop the Qinian Newspaper steadily, that is, to use the profits of the Qinian Newspaper to expand, rather than using the foundation of the Qinian Newspaper to fight on the battlefield.

(End of this chapter)