Started from Hong Kong Island

Chapter 220 [Crisis Brewing]

Li Wendi understood what Yang Zhiyun meant by "showing mercy and opportunity for cooperation". It was asking him not to raise the price too much, and Yang Zhiyun would compensate him from other places.

"Haha!! Mr. Yang, you're too serious. Don't worry!" Li Wendi laughed dryly a few times and glanced at Lin Zegui, whose face was a little pale. This guy has hit a wall and it is unlikely that the goal today will be achieved.

Li Wendi's goal was not easy to achieve, because Yang Zhiyun was determined to take it down. If he fought hard, it would obviously not be in anyone's interest and would only benefit the owner Lin Zegui. Moreover, Li Wendi's original plan was to "see what Yang Zhiyun meant", so giving up now was not unacceptable.

"Ahem!" Lin Zegui coughed a few times on purpose, attracting the two's attention. "Gentlemen, can we start?"

"Let's start, Mr. Lin!" Li Wendi glanced at Yang Zhiyun, and seeing Yang Zhiyun's unwillingness to speak, he answered Lin Zegui.

"You two are both very clear about the value of this piece of land. Causeway Bay is currently undergoing a major development." Lin Zegui wanted to continue to create a good atmosphere and get the two to bid. However, Li Wendi thought this was a bit noisy, so he interrupted impatiently, "Mr. Lin, let's skip this. We are very clear about what you said. There is no need to repeat it."

Lin Zegui was a little embarrassed, but he didn't dare to offend the young man in front of him. Although he could not sell the land to Li Wendi, Li Wendi definitely had the ability to discredit his land and could also use his power to punish him.

"According to the current market price, this piece of land is worth 240 million. Does either of you want to raise the price?" Lin Zegui looked around at the two of them, silently muttering in his heart, 'Bidding, bidding', but unfortunately he saw Yang Zhiyun sitting there with a blank expression, and Li Wendi had a smile on his face but was indifferent.

"Mr. Yang, don't you want it anymore?" Li Wendi asked with a laugh.

Yang Zhiyun shook his head and turned to look at the secretary behind him. The secretary immediately responded, "240 million!"

Lin Zegui's expression eased slightly, and he looked at Li Wendi again, his eyes full of anticipation.

Zhang Wentao, who was with Li Wendi, felt it was a pity, but the boss's approach was commendable. He knew that once the bidding began, everything would go off plan and affect future major plans.

"Congratulations, Mr. Yang, for acquiring a piece of land with a good location in Causeway Bay!" Li Wendi ignored Lin Zegui's expression and congratulated Yang Zhiyun with a smile.

In fact, even if Lin Zegui didn't play these tricks, he would still have made a lot of profit. Unfortunately, he didn't understand the minds of the rich at all. Li Wendi and Yang Zhiyun could choose not to take the land, but once the news came out that "the two Hong Kong tycoons were played a trick by the small owner", where would they put their faces?

Business is everywhere, especially in this period of brewing crisis, there are many great opportunities, why should we lose face?

Hearing this, Lin Zegui felt disheartened. He had originally thought of selling it at a high price, but now he could only sell it at the market price, which was a huge difference from what he had expected.

"Haha!! Thank you Li Chengquan!" Yang Zhiyun nodded at Li Wendi and felt some appreciation for Li Wendi in his heart. This young man was indeed smart.

"Mr. Yang, you are too polite! I have a business deal. I wonder if you can give me a chance?" Li Wendi waved his hand and released the plan he had just thought of. "It's about jewelry and gold."

Yang Zhiyun did not answer directly. Instead, he asked his secretary to take Lin Zegui to the law firm to handle the transfer formalities. After no outsiders were in the room, Yang Zhiyun began to answer the question, "Mr. Li, please speak directly. I will see if I can help you."

Yang Zhiyun is indeed a veteran in the business world, and he spoke with appropriate manners.

"It's not difficult! It's a piece of cake for Mr. Yang." Li Wendi smiled and said, "I heard that Jingfu Jewelry has good gold reserves. I wonder if you can sell some to me?" "I also have a jewelry company under my name, but its scale is far smaller than Jingfu Jewelry. However, I want to expand its scale recently. Unfortunately, the gold procurement channel is too small to handle millions of goods." Seeing Yang Zhiyun's somewhat tangled expression, Li Wendi continued to work hard.

"Mr. Li, to be honest, the current gold price has a trend of sharp rise. If a large amount of gold is sold, it will inevitably affect the profitability of Jingfu Jewelry Company. It will be difficult for me to explain to the shareholders." Yang Zhiyun naturally wanted to refuse, after all, this involved the issue of huge profits.

"Mr. Yang, I know you are in a difficult situation. How about I pay a 500% premium and take the million gold?" Li Wendi knew that Yang Zhiyun wanted to get more profit.

Jingfu Jewelry is considered to be an industry of the Yang family. Some small shareholders hold shares, but they are all relatives of the Yang family and were supporters when the family became rich. Naturally, they will not have conflicts with Yang Zhiyun because of these things.

Yang Zhiyun is old after all, and his judgment of the situation is somewhat lacking. He feels that a 10% premium is already acceptable, because he does not think that the price of gold can increase by more than 20%. After all, the US dollar has not yet begun to depreciate at this time, it is just an oil crisis.

Don’t Western countries know the importance of oil to industry?

Now that they know about it, they will definitely find ways to solve it, so Yang Zhiyun doesn’t think that the crisis will really happen.

"Okay! Considering the pleasant cooperation with Mr. Li just now, I have to give up with reluctance." Yang Zhiyun said with a fake sigh.

"Then let's have a pleasant cooperation!" Li Wendi stood up and shook hands with Yang Zhiyun.

This is the case of 'If the East is dark, the West will be bright'. In the final analysis, neither of them suffers a loss. A piece of land can be exchanged for millions of gold, which is worth it.

The impact of the oil embargo continues to ferment, and the first industries to be affected are industry and transportation, especially industries that require oil-derived products such as plastics.

Hong Kong is a regional city that does not produce oil but needs a large amount of it. There are now fewer vehicles on the streets. The streets were originally crowded, but now they are a bit depressed.

In Hong Kong, where light industry is well developed, many factory owners are looking for sellers of raw materials. Although the prices have increased a lot, their orders have been piled up. Now is a test for the factories. Once they cannot complete the orders, they will need to pay sky-high liquidated damages and lose their reputation. There is little hope of making a comeback in the future.

The news of the "oil embargo" made the stock market even worse. Although there was not a big drop, it also caused a shock in the local market. The price of land in Central alone dropped by 30 to 50 yuan per square foot, not to mention other areas.

Li Wendi looked at the stock price report of Changxin Real Estate Company and felt a little depressed. The market value of Changxin Real Estate Company has fallen by more than 6%, and this is not the bottom yet. It is possible that it will fall by 8% when it really reaches the bottom.

Although the impact on Changxin Real Estate Company, which was well prepared, was not fatal, Li Wendi still felt bad because other Chinese companies did not fall so much. For example, New World Development Company only fell by 45%.

Moreover, the funds that Li Wendi had reserved for Changxin Real Estate Company were obviously not enough. Now that the funds of Zhongyu Real Estate Company have been combined, there are only tens of millions of funds, and a lot of them have been used. Now there is not much left.

There was not much personal funds left. Li Wendi suddenly felt that he was a little impatient. He spent a lot of money on acquisitions at the beginning of the crisis. Now there was no opportunity to make money. The only way left was the increase in gold prices.

However, he now has 1300 million in gold, and perhaps if he can earn another 1300 million, he can acquire several companies with high-quality assets in 74 or 75.

(End of this chapter)