Started from Hong Kong Island

Chapter 219 [Played Tricked by a Small Person]

As we entered mid-August, the economic situation became increasingly difficult. Many elites noticed something was wrong and began to cut spending, increase cash reserves, and some companies even carried out small-scale layoffs.

The market value of Changxin Real Estate Company and China Entertainment Real Estate Company has dropped to 7 or 8 million, and the share price is just over 1 yuan.

As Li Wendi expected, the price of gold began to rise. Although the increase was not large, the momentum was good. Coupled with the truth that "buy gold to preserve value in difficult times", he felt that the increase might be even greater than in his previous life.

As a result, the business of major gold shops was booming, but Li Wendi did not plan to use the 800 million yuan worth of gold to cast and sell jewelry. Instead, he wanted to wait until the price was very suitable before selling it.

Just like in the previous life, on October 10, a war broke out in the Zhongdong area. Since the other side was unprepared, they were defeated in a short period of time and suffered heavy losses.

According to historical records of the previous life, the aid provided by Country M and other countries to the defeated party tilted the balance of the war, and the countries in the Zhongdong region adopted a policy of oil embargo against the aiding countries.

虽然这场战争仅仅打了20日，但是石油禁运却持续到了74年3月份，让全球石油价格上涨了近300%，从每桶3美元升至12美元。

The surge in crude oil prices caused economic recession in Western developed countries, resulting in a global economic crisis.

Li Wendi had no way to buy crude oil. There was no such thing as futures at that time. He could only watch such a good opportunity slip away from his hands. However, he was able to make a small profit on gold, which could be regarded as a 'consolation prize'.

Changxin Real Estate Company Office

"Zhong Dong's country has announced an oil embargo. The countries included in the embargo include the United States and eight other countries. Many economic experts are now commenting that this may trigger an economic crisis. Hong Kong's economy may be even worse." Zhang Wentao delivered the news from the newspaper to Li Wendi's desk.

Li Wendi already knew about this matter, but he still picked up the newspaper and read the article.

"The time of the embargo has not been announced. It may be a gesture to gain a positive image from the outside world." Li Wendi continued, "Now the company has few ways to get funds from outside. Even banks are reducing loans and even urging some companies with poor operating conditions to pay back their loans. We should wait and see. Funds must be used in key areas."

"Boss, you should be more cautious." Zhang Wentao handed over another document, "This is the information about a piece of land in Causeway Bay. It is close to the tram repair factory and is a good location. The strongest competitor at the moment is Miramar Hotel Company. Their boss is Yang Zhiyun, who has jewelry and hotel businesses. I don't know why he suddenly became interested in the land in Causeway Bay recently?"

Yang Zhiyun?! Miramar Hotel?! Jingfu Jewelry?!
Li Wendi had heard of this person in his previous life. Both the Miramar Hotel and Jingfu Jewelry were very lucrative assets. However, it was only the 70s at that time, and Li Wendi still didn't quite understand Yang Zhiyun's strength.

"How strong is it? Is it stronger than our company?" Li Wendi stopped looking at the information and stared at Zhang Wentao and asked.

Zhang Wentao said truthfully, "It is stronger than Changxin Real Estate and Zhongyu Real Estate combined."

Yang Zhiyun is naturally a difficult person to deal with. He is very steady and generally does not make investments. Even if he does, it is only when he has too much money to purchase properties, and very few of them are land. After all, none of his companies are real estate developers.

Hearing this, Li Wendi frowned. It would be difficult for him to win in terms of funds, but he could give it a try.

The jewelry business itself is a cash cow, and hotels are service industries, with all transactions being cash. It is conceivable that Yang Zhiyun's family must have a large amount of funds.

The land next to the tram repair shop is naturally a good thing. The Causeway Bay Times Square in the previous life was built on the site of the repair shop. Moreover, this will be the most prosperous area for the retail industry in Hong Kong, and the shop rent will also be the most expensive in Hong Kong.

Buying the land here is naturally a good deal, it is very high-quality land.

Li Wendi thought it was no longer necessary to figure out why Yang Zhiyun wanted to fight for this piece of land. What he needed now was to think about how to get this piece of high-quality land. Once both parties bid, Changxin Real Estate Company's future plans would likely be affected by insufficient funds. So Li Wendi had to find a way to get this piece of land without losing too much money, which was obviously not an easy task.

"Miramar Hotel Company is ready to bid 300 million yuan to acquire this 1.4 square feet piece of land." Zhang Wentao told the gossip he heard.

It was a very good deal to get a 300 square foot piece of land for 1.4 million yuan.

Although the area of ​​1.4 square feet is not large, it is not a big problem to build a Grade A commercial building if it can be merged with other buildings or the land next to it can be purchased. The value of the building can definitely increase dozens of times at that time, of course, when the market is booming.

"Is this news reliable?" Li Wendi asked directly when he saw that there was no such news in the report.

"It's just hearsay and isn't very reliable. But based on the current market conditions, this price is already quite good. Plus, Miramar Hotel Company is a newcomer in real estate development and it's inevitable that it will make mistakes due to lack of experience." Zhang Wentao expressed his opinion.

Li Wendi would certainly not underestimate Yang Zhiyun. After all, he had achieved a lot in his previous life. The Miramar Hotel Company alone caused a war between the two Lis (Li Zhaoji and Li Jiacheng).

"Please help me make an appointment with the owner so that I can talk to him in person." Li Wendi still felt that he had to do it himself. This piece of land might play a big role in the future, even if he could really snatch the fat piece of meat of Wharf Holdings from the ship charter king.

“Okay, I’ll contact them right away!” Zhang Wentao didn’t want to seize this opportunity because if he messed it up, it would be a stain. Now he also had some credit (finding the land), so there was no need to take risks.

However, what surprised Li Wendi was that the owner actually called Yang Zhiyun, intending to let the two of them bid on the spot.

The owner, Lin Zegui, was very happy, probably because he was the one who came up with this idea and he could get more profits from the two wealthy men.

"I guess this must be Mr. Yang Zhiyun, the owner of Miramar Hotel and Jingfu Jewelry. I've heard of your name for a long time!" Li Wendi was the first to extend his right hand.

Yang Zhiyun was slightly stunned, obviously he did not guess Li Wendi's identity and background.

Li Wendi didn't mind introducing himself. "I'm Li Wendi, the chairman of the board of directors of Changxin Real Estate Company. It's normal that Mr. Yang has never heard of him."

"Oh! Hello! Mr. Li! I've seen Mr. Li's photo in the newspaper earlier. I didn't expect that he is even younger and more handsome in person." Yang Zhiyun has been in the business world for many years and naturally would not look down on Li Wendi. Seeing this, his secretary whispered a few words in his ear, obviously talking about some of Li Wendi's deeds, which led Yang Zhiyun to look at Li Wendi two or three times.

"Mr. Yang, you're praising me too much! He is indeed young, but not handsome." Li Wendi is just a little handsome, not as handsome as those celebrities.

At this time, Yang Zhiyun is already a little old and no longer as charming as he was in his youth, but his vision is still sharp and his mind should still be very clear.

"Mr. Lin asked us to come here today, probably because he wanted us to compete with each other to see who has more financial resources." Li Wendi turned his head and glanced at Lin Zegui with a smile on his face, but his words were like a slap in the face of Lin Zegui.

Although Yang Zhiyun had a good temper, he was somewhat dissatisfied with Lin Zegui's dishonesty and failure to notify him in advance. "Mr. Lin is very smart. He actually thought of using this method to sell the land."

Then he turned to Li Wendi and said, "Mr. Li, please show some mercy. We will have a chance to work together again."

(End of this chapter)