Started from Hong Kong Island

Chapter 213 [Jiawen Jewelry]

The two took the champagne on the tray, looked around in tacit understanding, and walked inside hand in hand.

"Mr. Li, I haven't seen you for some time. You are still as charming as ever." Li Wendi greeted Li Jiacheng with a smile. He Qijun beside him also had a smile on his face.

Li Jiacheng claimed to be a Confucian businessman, so he would naturally not embarrass Li Wendi in such an occasion. After exchanging a few words with Li Wendi, he introduced Li Wendi to everyone.

"Mr. Li is a rising star in the real estate industry and a leader of the younger generation." A middle-aged man with a black mole just below his lip flattered Li Wendi with a smile. He was Cheng Yutong, the operator of Chow Tai Fook Jewellery Company and New World Development Company.

In his previous life, Liu Luanxiong said, "Uncle Tong likes to help young people. I learned a lot from him." It can be seen that Zheng Yutong is a very interesting person. Moreover, among the four major families in his previous life, he was the only one who did not maliciously swallow up other companies. The acquisitions were all invited by others. As he said, "That was someone else's life's hard work, and it was taken away by others all of a sudden. This is not good."

Although Zheng Yutong did not approve of Li Wendi's acquisition method, it was not difficult to see from his expression that he admired Li Wendi very much. After all, the young man in front of him started from scratch and owned two powerful listed companies in just one year.

"Thank you for the compliment, Uncle Tong! I'm just lucky to have happened to be born in this era." Li Wendi said modestly. It was indeed the truth. If it was in the 50s or 60s, it wouldn't have taken him so long to get started. Most of his funds came from the stock market, and the company was also acquired through stock market acquisitions.

In the 50s and 60s, stocks were still played by the British and some high-ranking Chinese families, and ordinary people had no chance at all.

In fact, Li Wendi really came here for Zheng Yutong, and also got to know some other Chinese people.

In the entire banquet hall, the social circles of the British and the Chinese are different. There are generally few Chinese in the British circle, and there is no British person in the Chinese circle. It can be seen that the antagonism between the two groups is very serious.

"I heard that the situation in the Middle East is very tense. I'm worried that there will be a war. If that happens, there will definitely be a shortage of oil." A gray-haired man said seriously. He probably wanted to hear other people's opinions on the situation in the Middle East.

Li Wendi was stunned. It seemed that the level of exposure he had in his previous life was too limited. It turned out that not only big businessmen were paying attention to major events around the world, but they were also judging the impact of these events on the economy.

"I think there is a high possibility of war. After a few years of recuperation, they have accumulated a lot of reserves and will definitely start to move again," Li Jiacheng analyzed.

"I don't think it's likely. According to the time interval between previous wars, it takes more than 8 years, but it's only been 6 years now (the last Middle East war was in 1967)." Zheng Yutong disagreed with this statement and looked at Li Wendi and asked, "Wendi (they had already discussed the name issue during the greetings), what do you think?"

"I agree with Uncle Tong's opinion!" Li Wendi changed the subject. "But no matter what time it is, we must be prepared. War is not something that can be decided by a few words from us. If others find the opportunity, we will probably fall behind."

They talked about various fields, such as the jewelry industry involved by Zheng Yutong and the newspaper industry involved by Li Wendi.

Speaking of this, Li Wendi recalled that the price of gold rose sharply during the economic crisis in 74. If he had bought a batch of gold at that time, he might have made a good profit.

Originally, he wanted to get Zheng Yutong to make money together, but unfortunately Zheng Yutong was not optimistic. However, Zheng Yutong agreed to help buy a batch of gold, so Li Wendi was naturally very happy.

Sure enough, Zheng Yutong was willing to support young people just as the rumors said, and Li Wendi made this friend.

So Li Wendi thought about whether he could acquire a jewelry and watch company and use the company's warehouse to store the gold. He couldn't keep it in the warehouse of Chow Tai Fook Jewelry Company forever.

The charity gala was still the same old routine, with HSBC taking out some abandoned collateral and some items donated by the guests, such as bracelets, watches, cars, etc. Li Wendi didn't like items that were used by others very much, so she didn't take any practical items for He Qijun until the host shouted, "This is 26% of the shares of Jiawen Jewelry Co., Ltd., and the starting price is 180 million."

Jiawen Jewelry is a small jewelry company that mainly deals in gold jewelry and watches. It is not large in scale, with only three stores in the city, and cannot be compared with large jewelry companies such as Chow Tai Fook and King Fook.

Although 26% of the shares are needed to control Jiawen Jewelry Company, 180 million is cheap enough, and perhaps it can be gradually eroded to gain control.

"190 million!" A fat man raised his wrist and shouted.

"What's wrong? Do you want to take over the shares of this company?" He Qijun saw Li Wendi deep in thought and guessed that Li Wendi had set his sights on this company.

Li Wendi paused, then nodded and said, "I have a new development idea, and I just need a jewelry company."

"Two million!" Seeing that the auctioneer was about to bring down the hammer for the second time, Li Wendi hurriedly raised his arm to bid.

He Qijun did not disturb Li Wendi from bidding, but watched from the side, saying that he could ask about the plan later.

Because she is a woman, she is naturally interested in jewelry and even wants to run a jewelry company herself. Unfortunately, the Qinian Newspaper cannot do without her for the time being.

Li Wendi eventually acquired 26% of Jiawen Jewelry Company's shares for RMB 230 million.

The next morning, Li Wendi summoned Zhang Wentao and asked him to collect information about Jiawen Jewelry Company and assist him in finding a way to acquire Jiawen Jewelry Company.

What Li Wendi didn't expect was that Zhang Wentao actually had complete information about this company.

The owner of Jiawen Jewelry Company is a Chinese named Lu Jiagui, who still holds about 50% of the shares of Jiawen Jewelry Company and is still the largest shareholder. However, information shows that Lu Jiagui still owes a lot of debt to HSBC Bank, and most of the loans were lost in the stock market.

"Lü Jiagui, the boss of Jiawen Jewelry Company, has rejected many acquisition offers, some of which offered a 10% or 20% premium," Zhang Wentao reminded.

Hearing this, Li Wendi frowned immediately. The 230% stake he bought at the charity dinner for 26 million seemed a bit "useless". He could not acquire Jiawen Jewelry Company, so he lost 230 million.

Li Wendi has always been successful, but now he has suffered a bit of a "Waterloo" at Jiawen Jewelry Company, and he is naturally unwilling to accept this.

"Does Lu Jiagui have any other weaknesses?" Li Wendi said after a moment of silence.

"I don't know. I need to check it out." Zhang Wentao thought for a moment and decided to take a safe approach.

(End of this chapter)