Started from Hong Kong Island

Chapter 288 286 [Sniping at Jardine Matheson Commercial Building]

Small meeting room at Sun Hung Kai Securities
Hu Jinyan asked his female employee to bring a cup of coffee. It must be said that the female employee was good-looking, but not up to Li Wendi's standards.

So Li Wendi didn't look at the female employee any more. He took the coffee and asked, "What's the current stock market situation? How far has the stock acquisition of Dasheng Real Estate Company and the target small company progressed?"

Hu Jinyan had already prepared a plan for Li Wendi's question. He answered, "The share price of Dasheng Real Estate Company remains at 2.7 yuan. We have purchased about 300 million shares, accounting for 3%. It will take some time to reach the planned 16%. The shares of small target companies have all been purchased, consuming 1083 million yuan."

Li Wendi did not remember to report the stock holdings of small and medium-sized companies, which was not necessary as the purpose of his visit today was for another company.

"Yes!" Li Wendi nodded, and then asked, "What is the situation of the India-China Shipping Company?"

Hearing this rather unfamiliar company name, Hu Jinyan was stunned for a moment, "I need to check it out, Mr. Li, please wait a moment."

Hu Jinyan attached more and more importance to Li Wendi, a big client. He even felt that having Li Wendi as a client was better than having many small and medium-sized clients. After all, Li Wendi often made acquisitions worth hundreds of millions of yuan.

After a while, Hu Jinyan came back and reported, "The current share price of Yinhua Shipping Company is 0.5 yuan, and the total share capital is 4000 million shares. Although the market value is not high, the asset value is very good. It owns ships of no less than 80 tons, and its business is also very healthy. If Mr. Li wants to acquire this company, even if it is privatized, there will be no big problems."

Unexpectedly, Li Wendi shook his head and said, "I didn't intend to acquire the India-China Shipping Company. I just wanted to make a quick buck."

In the past, Jardine Matheson would acquire the Indo-China Steam Navigation Company for $1 per share and then privatize the company to expand Jardine Matheson's position in the shipping industry and increase its profits.

It is a very good deal to acquire an 4000-ton ship and the corresponding customer list at a price of 80 million yuan. The cost of 4000 million yuan should be recovered within 2 years, judging by the current situation in the shipping industry.

Hu Jinyan glanced at Li Wendi and was a little confused about what Li Wendi meant. The market value of the India-China Shipping Company was low, and Li wanted to make a quick buck. Could it be that Li wanted to hype the stocks of the India-China Shipping Company?
This thought flashed through my mind. Since it is not a takeover war, it would be difficult to hype it up, so it would be better to just acquire it directly.

"How many shares does Mr. Li plan to buy?" Hu Jinyan asked.

Li Wendi thought for a moment, did not answer the question, and asked again, "How many individual shares are there in the stock market?"

"About a quarter," Hu Jinyan replied.

"Raise funds from the acquisition of Dasheng Real Estate Company and try to acquire 1000 million shares of India-China Shipping Company." Li Wendi felt that it would not be a big deal to transfer 500 million from there.

"Yes! Or is it a secret purchase?" Hu Jinyan asked. Since the goal was to make quick money, secret purchases didn't seem appropriate.

"Let's buy it secretly first, and then notify me after you have acquired 950 million shares." Li Wendi still felt that it would be better for him to control it himself.

"I understand!" said Hu Jinyan.

Return to Changxin Real Estate Company.

Zhang Yan came to Li Wendi without saying hello, as if he had something urgent to do.

"Wendy, Deng Songlian is dead! He died of illness in the hospital last night." Zhang Yan brought the shocking news.

Hearing this, Li Wendi paused what he was doing. His face looked normal, but he was a little slow to react.

To Li Wendi, Deng Songlian is a bad person, but not a bad person. It sounds contradictory, but it is actually true.

Although Deng Songlian had done a lot of bad things, he still took care of Li Wendi. Take Wei Renwei's fate as an example, as he was the boss in Tsim Sha Tsui. However, Deng Songlian would not be so cruel to Li Wendi. Whether it was because of face, personal relationships, or something else, Li Wendi would remember this kindness.

If Deng Songlian killed Li Wendi, Li Wendi would be in great trouble and even face the risk of "running away".

So, from a personal emotional point of view, Li Wendi is still a little sad.

Deng Songlian was suffering from cancer, and he had lost a loved one before him, so he was naturally in a bad mood, which was not good for his condition. Now that he is dead, it is a relief.

Li Wendi thought silently in his heart, and seemed to be trying to convince himself.

"Have you also received the news from He Liansheng?" Li Wendi looked up at Zhang Yan and said.

Zhang Yan nodded. "They should have received it. This is not a small matter. However, the people from Liansheng should be very happy that they have removed the stumbling block of Deng Songlian."

Li Wendi nodded slightly and said, "Go and talk to those people and tell them not to cause trouble at Uncle Deng's funeral. Tell them that I will be very unhappy if they cause a big disturbance at the funeral."

Zhang Yan was stunned for a moment, a hint of surprise appeared on his face, "They shouldn't go to the funeral hall to make trouble, right? It's hard to say about the people from other societies."

"Then spread the word for me. Whoever makes trouble in the funeral hall is targeting me, Li Wendi." Li Wendi frowned and said, his voice getting louder.

Zhang Yan didn't quite understand the dispute between Li Wendi and Deng Songlian. He thought that since Deng Songlian was dead, Li Wendi should be secretly happy. He thought the "disturbing funeral hall" just now was just a show. He didn't expect that Li Wendi was really helping.

Seeing that Li Wendi was in a bad mood, Zhang Yan didn't dare to persuade her and could only agree, "Okay, I'll do it for you."

After Zhang Yan left, Guo Cuiting also called and informed him of Deng Songlian's death, and asked him to take time out to see Deng Songlian off for the last time. Li Wendi naturally agreed.

The news of Deng Songlian's death spread quickly, and other gangs were very happy. Fortunately, Deng Songlian had lost control of He Liansheng for quite some time, otherwise these gangs would have taken the opportunity to attack He Liansheng and seize territory, and Hong Kong's public security would have been in chaos again.

Zhang Yan passed on Li Wendi's intentions to the big and small gangs in Hong Kong. Most of the gangsters didn't understand. It seemed that Li Wendi didn't have such a close relationship with the Deng family. A small number of people thought that Li Wendi was putting on a show. Only a very few people laughed and said, "This Li Wendi is still a bit easy-going. If I had Deng Songlian's luck, it would be good."

Li Wendi did not feel anything about these evaluations and comments, because he sincerely wanted to see Deng Songlian off for the last time, which could be regarded as putting an end to the past relationship between the two people or the two families.

Deng Songlian's funeral was held on the fourth day after his death. Many people came to pay their respects, but only a few were sincere. Seeing that Li Wendi was really there, some gangsters could only finish their business hastily and left the funeral.

There were also people who were really not afraid of offending Li Wendi and the Deng family, and they directly said some dirty words in the mourning hall. Although it was true, as the saying goes, "debts are cancelled when a person dies," it seemed inappropriate.

However, considering that these people were deeply threatened by Deng Songlian and that Deng Songlian had done evil things to them, Li Wendi suggested that they be driven away.

If it was those gangsters causing trouble, Li Wendi would certainly not let them go, because they were all bad guys. There was no point in laughing at someone else, and where would Li Wendi's face be?

As the number of customers gradually decreased, Deng Jiaren was no longer so busy, so he brought Deng Xiaotong and Deng Xiaoxin to thank Li Wendi. "Wendi, thanks to you today, otherwise I would not be able to control the situation."

Li Wendi patted Deng Jiaren on the shoulder and said, "This is what I should do. I'm so sorry!"

"Xiaoxin, I heard that you were admitted to the University of Hong Kong. Study hard and help your big brother (Deng Jiaren) when you graduate." Li Wendi glanced at the aloof Deng Xiaotong and still didn't want to talk to her, so he could only focus his attention on Deng Xiaoxin.

Deng Xiaoxin, who was always docile, shook her head and said, "I don't want to join my family's company. Big brother, I have Xiaotong to help me. I still want to go to another company."

"Hmm!" Li Wendi nodded and groaned.

Deng Xiaotong and her sister left, but Deng Jiaren stayed. After a moment of hesitation, he said, "With Dad gone, Deng's Real Estate Company will become increasingly difficult, and all kinds of monsters and demons will pop up."

Li Wendi understood what Deng Jiaren meant, but was not fooled. He said, "Just run the business well. The market is slowly getting better. Keeping a low profile is the way out."

In the past, Dengji Real Estate Company relied on the Heliansheng Society and had a rather arrogant style. They acquired land and purchased properties in an overbearing manner, which naturally aroused dissatisfaction among many people.

Now that he has no backer, others will of course seek revenge and complain, so Deng Jiaren feels some inexplicable pressure.

"Deng's Real Estate Company has a lot of good land. I wonder if Changxin Real Estate Company is interested in developing it together?" Deng Jiaren wanted to build a relationship and make Li Wendi his new backer, but unfortunately Li Wendi pretended to be confused, so he could only give in.

"Where is the land? Is it in the urban area of ​​Kowloon?" Li Wendi asked, but in fact he was trying to see whether Deng Jiaren had enough chips.

"There are plots of land in the urban area of ​​Kowloon, as well as in Sheung Wan and Causeway Bay on Hong Kong Island. They are all prime plots of land." Deng Jiaren continued to offer his chips.

"Okay, then how would Brother Jiaren like to cooperate in development?" Li Wendi said.

"Changxin Real Estate Company will pay for all the construction costs, and the profits will be split 4% to %." Deng Jiaren added, "Changxin Real Estate will take % of the profits."

"Let's split the profits 50-50. This is the norm in the market." Of course Li Wendi wanted more, after all, it was Deng Jiaren who asked him for help.

Deng Jiaren hesitated for a moment, but still nodded with a sigh, "I'll release the news first, and we'll sign the contract after Dad's funeral is over."

Guo Cuiting was in a bad mood when she was with the women of the Deng family, and even Li Xiaonan cried a few tears. In fact, Li Xiaonan and Deng Songlian had very few interactions, so this seemed a bit of a show.

When returning home in the evening, Li Wendi teased Li Xiaonan, but Li Xiaonan whispered that He Qijun taught her to do so because she had to be well-versed in social etiquette.

In response to this, Li Wendi shook his head and smiled bitterly. How come even He Qijun thought he was acting?

A few days later, before the contract with Dengji Real Estate Company was signed, an uninvited guest came to Li Wendi's office.

"Long time no see, Mr. Li!" Chen Xingzhou appeared in the office in a floral suit with a smile on his face.

Li Wendi smiled and shook hands with Chen Xingzhou. "Yes, it's been a while since we last met. Mr. Chen's Hengyao Real Estate and Changheng Properties have become increasingly powerful. Mr. Chen's strength has more than doubled."

"No, no, you are not as good as Mr. Li. Even the Jardine Matheson Group was defeated by you. The Wharf Group is a good thing. Everyone knows Mr. Li's name now." Chen Xingzhou said a lot of flattering words. In fact, he also admired Li Wendi's operations. The market value of the Wharf Group was several times that of the Cheung Kong Properties, but it was "swallowed up" by Li Wendi.

"Please take a seat!" Li Wendi and Chen Xingzhou sat down on the sofa next to them. "Mr. Chen is also a busy man. I'll be more direct. What is Mr. Chen doing here?"

"Mr. Li is so straightforward, so I will get straight to the point." Chen Xingzhou said with a smile, "Mr. Li's Changxin Real Estate Company has a lot of land in Sheung Wan. Among them, the warehouses at 137 and 148 Connaught Road Central are adjacent to my warehouses. We can definitely cooperate in development. The value of such a commercial building can more than double. What do you think, Mr. Li?"

"Mr. Chen's suggestion is very good. If the two warehouses are used to build a commercial building, the floor area will be more than 2 square feet. The location is not very good, but it can still be a Grade A commercial building. So how does Mr. Chen plan to distribute the profits?" said Li Wendi.

"Let's distribute it according to the proportion of area. It seems that the areas are almost the same, so why not just split it 50-50. The same goes for the construction costs." Chen Xingzhou suggested.

Li Wendi smiled and said, "Actually, I am very interested in the commercial building in Sheung Wan. I want to own it and collect rent. If I buy the whole building directly, what price would Mr. Chen like to sell the other half of the interest for?"

Grade A commercial buildings are still worth holding. After all, commercial buildings in Sheung Wan are not very valuable now. When they were at their peak in the 80s, it should not be a problem to sell them for 1 or 2 million yuan.

Chen Xingzhou obviously didn't expect Li Wendi to do this, so he was silent for a long time. After about 10 minutes, he answered Li Wendi, "Since it is Mr. Li who wants it, it will be cheaper. We can trade it at 9% of the price at that time."

"Haha!! Mr. Chen is indeed a righteous man, but I can't let my friend suffer a loss. Let's charge according to the market price so that no one suffers a loss." Li Wendi didn't want to owe Chen Xingzhou too many favors here. It is difficult to repay a debt of favor.

Chen Xingzhou knew what Li Wendi meant, so he didn't force it. It was very difficult to get favors from Li Wendi nowadays.

Almost all the warehouses in Sheung Wan have been bought by real estate developers, who use them to develop buildings. Some developers also want to build residential buildings. After all, this place is very close to Central, and residential buildings will definitely be easy to sell and the prices can be high.

Li Wendi is not very interested in this kind of disposable residential building. Sheung Wan is close to Central. Even if it cannot be developed, it is more valuable than the industrial buildings in Kwun Tong, Kowloon Bay and Kwai Chung. It is indeed a waste to build a residential building there.

Li Wendi thought about it and realized that his company had a lot of warehouse land in Sheung Wan, so it was okay to build 10 small commercial buildings. However, he did not plan to hold on to the small commercial buildings, but would sell them directly to recover funds. Since the value of small commercial buildings was not high, he preferred large Grade A commercial buildings.

(End of this chapter)