Started from Hong Kong Island

Chapter 298 Chapter 296 [Everyone Wants to Acquire]

In fact, Li Wendi knew that this kind of thing could not be clarified. In his previous life, Liu had been clarifying the "golf ball" incident. Which audience believed it?

Magazines and newspapers are mass products that rely on gimmicks to maintain and increase sales. Audiences also like to see plots that do not exist in their lives and like to see rich people suffer. Li Wendi, who was an ordinary person in his previous life, also liked to watch this kind of thing.

But in this life, I have become the protagonist being watched.

Listening to the reporters' tricky questions, Li Wendi racked his brains to answer carefully, fearing that he would fall into their trap. By the time the reception was over, Li Wendi was already physically and mentally exhausted.

The next morning, Li Wendi bought back all the magazines and newspapers, but the gossip published in them still did not clarify his case, but instead wrote that he was "making things worse by trying to cover them up."

"F*ck it!" Li Wendi cursed, "These damn reporters! I've already given them the red envelopes, so how can they mess with me?!"

Li Wendi was helpless. If only one or two newspapers reported this, he could still say "money makes the world go round". Unfortunately, now there were more than a dozen newspapers reporting this, so money was of little use.

After accepting his fate, Li Wendi's distress was alleviated a little because he felt that the matter was not as serious as he had imagined. After all, this was not the first time.

Just as Li Wendi closed his eyes to rest, there was a knock on the door.

"Wendy, didn't you get enough rest last night? Why did you fall asleep again so early in the morning?" The person who came was naturally Zhang Yan.

Hearing this familiar voice, Li Wendi opened his eyes and took a glance, then sat back down and closed his eyes to rest, and said coldly, "What? Do you have something to talk to me about?"

Recently, Zhang Yan has been dealing with the affairs of the newly acquired listed company and restructuring assets and debts. He doesn't even have time to go to nightclubs, let alone come to Li Wendi's place.

Zhang Yan walked over, glanced at the magazines and newsprint on the table, and smiled, "No big deal."

Looking at the document Zhang Yan handed over, Li Wendi sat up and asked, "What is it?"

"Some information about a company." Zhang Yan said with a smile.

Li Wendi flipped through the document without interest. The name 'Yongchangsheng Real Estate' made him pause slightly. The company was indeed a small company, but it was a very high-quality small company.

In its previous life, this company had another name - Palibao Investments. Yes, it was the Palibao Investments under the Eagle Properties Group. However, this company was acquired by the Eagle Properties Group in 80 and renamed Palibao Investments, specializing in real estate development and a small amount of property leasing.

Li Wendi remembered that in 80, Eagle Properties spent a full 1 million yuan to acquire 61.68% of the shares of Yongchangsheng Real Estate, and the market value should be around 1.7 million yuan.

The document describes that Yongchangsheng Real Estate Company has extensive experience in developing residential buildings. Not only has it independently developed many small housing projects, but it has also participated in the construction of New Mei Foo and has experience in developing large housing estates.

At this time, the market value of Yongchangsheng Real Estate Company had not reached the 80 million yuan in the prosperous market in 1.7, and was only 80% of the market value in the 2s, with a market value of more than 3000 million yuan, which is similar to the current market value of Luckin Real Estate Company.

Li Wendi glanced at Zhang Yan and thought to himself, 'Where did this guy find such a high-quality company? Is this a compensation from God?'

"With a market value of more than 3000 million, you must have at least 1500 million in funds. Do you still want to get something for nothing like last time?" Li Wendi smiled faintly. He would not snatch the Yongchangsheng Real Estate Company that Zhang Yan had set his eyes on, because Wenyan Construction Company was a little stronger than Yongchangsheng Real Estate.

Zhang Yan shook his head. "It's impossible to get something for nothing. Luckin Real Estate's funds are only enough for turnover. Even if its properties are pledged for loans, it won't get much money. So, I want to jointly acquire with Changxin Real Estate Company or other companies under your company. It's a long-term investment for your company. I will buy back the shares according to the future market value or asset value."

There is another aspect of the quality of Yongchangsheng Real Estate Company. The few properties it owns are all of extremely high quality, such as the six-story office in Wan Chai and the small shopping mall built in Causeway Bay.

Therefore, it was normal for the market value to be 80 million yuan in 1.7 in the previous life. Even if Zhang Yan now allows Yongchangsheng Real Estate to develop on its own, it would be very easy for the market value to double by 77.

Li Wendi thought for a few minutes and responded, "Ayan, Changxin Real Estate Company does not have the funds to help for the time being, but its subsidiary Zhongyu Real Estate Company can give out a few million to help. How much do you plan to raise?"

"I can raise about 650 million!" Zhang Yan said with a sigh.

650 million is indeed a bit too little. Once a takeover war begins, it will be impossible to sustain this amount.

Li Wendi felt that as a human being, one should do one's best and since he wanted to help Zhang Yan, he might as well help him thoroughly.

“How about this, you make a secret purchase first, and when the funds are almost used up, China Entertainment Real Estate Company can enter the market,” Li Wendi suggested.

"Okay, thank you Wendy!" Zhang Yan was of course happy. According to the current share price of Yongchangsheng Real Estate Company of 1.2 yuan, 650 million yuan can buy 540 million shares, accounting for 18%.

Although there is still some distance between the shareholding of Yongchangsheng Real Estate and that of the major shareholder, the situation will inevitably be reversed as long as China Entertainment Real Estate enters the market.

After Zhang Yan left, Li Wendi couldn't help but think that Zhang Yan would not replace the position of Eagle Properties in the 80s.

Soon, Li Wendi rejected this speculation because Yongchangsheng Real Estate must have received a lot of assistance from Eagle Land Development under its umbrella to replace Eagle Land Development in residential development. Otherwise, it would not have launched a "partial acquisition" of China Bus Company with assets of several hundred million in just a few months.

It is impossible for Zhang Yan to provide much assistance to Yongchangsheng Real Estate relying solely on Luckin Coffee. After all, Luckin Coffee does not have such strong strength.

According to Li Wendi's idea and his understanding of Zhang Yan, it is very likely that Zhang Yan is just interested in Yongchangsheng Real Estate Company's experience in residential building development. Luckin Real Estate Company holds a lot of residential land.

Although Zhang Yan also has a stake in Wenyan Construction Company, the projects of Li Wendi's companies have already "filled" Wenyan Construction Company, leaving it with little manpower and resources to help Luckin Real Estate with its development. That's why Zhang Yan dared to seek help when acquiring Yongchangsheng Real Estate.

"If there is one less Yongchangsheng Real Estate in Eagle Properties, there will definitely be another 'Yongchangsheng Real Estate'." Li Wendi sighed.

There are many real estate companies in Hong Kong, but there is no absolutely suitable real estate company, only those that are relatively willing to acquire.

An office of Dasheng Real Estate Company
A burly young man who looked a lot like Ma Jincan walked into the office with a smile on his face. He said to Ma Jincan who was handling official business, "Daddy, I found Li Wendi's weakness."

Speaking of Li Wendi, Ma Jincan immediately became interested and asked, "What's the problem? Tell me about it."

Ever since the last time the Ma family was sniped by Li Wendi, they suffered a loss of tens of millions. Ma Jincan has always wanted to take revenge on Li Wendi, but unfortunately he has never found an opportunity.

When Li Wendi acquired China Gas Company, it was very quick. By the time Ma Jincan received the news, Li Wendi had already become the chairman of the board of directors of China Gas Company. It was impossible for him to take advantage of the opportunity to retaliate.

This young man is Ma Jincan’s eldest son, Ma Qingwei, who is now 21 years old and has just graduated from university.

"Li Wendi's best friend, Luckin Real Estate Chairman Zhang Yan, is acquiring a small company called Yongchangsheng Real Estate, and I suspect that Li Wendi's company is involved." Ma Qingwei glanced at Ma Jincan and continued, "Because Luckin Real Estate has just acquired a company and is now targeting a company with a similar market value to Luckin Real Estate, it would be difficult to successfully acquire it without a backer."

Ma Jincan showed a hint of joy on his face. It was obvious that he agreed with Ma Qingwei's statement. "Okay, you raise funds first to enter the market to grab shares, and at the same time check the specific information of Yongchangsheng Real Estate Company. If necessary, we can intercept it and avenge the last time."

"Okay, Dad!" Ma Qingwei did not leave the office immediately, but continued, "As far as I know, Yongchangsheng Real Estate Company is very high-quality and has good land development capabilities, mainly in the development of residential buildings."

"Do you mean that we can acquire this company ourselves?" Ma Jincan asked with a smile.

In fact, Dasheng Real Estate Company started out as a commercial and residential building company. It has no shortage of experience in the development of commercial and residential buildings, and does not need to acquire Yongchangsheng Real Estate Company as a means of expansion. "Yes! Our Dasheng Real Estate Company has millions of square feet of land reserves in the New Territories. If Yongchangsheng Real Estate Company joins the development, the speed of recovering funds will be faster, which will be more conducive to the development of the company. Dasheng Real Estate Company can even return to its former glory." Ma Qingwei said with some ambition.

Ma Jincan smiled. It was a good thing that his son had great ambitions. After all, he was still around as his father and could help if there were any problems. Moreover, Dasheng Real Estate Company did not suffer any losses in the last sniper battle, so they could easily withdraw funds to snipe Li Wendi.

"Okay, then let's change the sniping to acquisition. I'll leave this matter to you."

"Thank you, Daddy!" Ma Qingwei's eyes widened with excitement. This was his first acquisition case, and he could also compete with the renowned Li Wendi. This was a once-in-a-lifetime opportunity.

If he can defeat Li Wendi, Ma Qingwei's name will become famous in Hong Kong's business community.

Sun Hung Kai Securities

Thanks to Zhang Yan coming over for help, Li Wendi happened to remember an important event from his previous life.

It seems that after 76, Jardine Matheson launched an acquisition plan for Wheelock (it is true), but it was unfortunately ruined by HSBC. The main reason was that HSBC did not want to see a company larger than itself emerge.

In the previous life, Jardine Matheson also owned Wharf Holdings (Li Ka-shing and Pao Yu-kong initiated the acquisition of Wharf Holdings in 78), so HSBC stopped it. A lot of things have changed in this life. Li Wendi is not sure whether HSBC will take action, but he is sure that the share price of Wheelock Holdings has risen sharply. This is an opportunity to make a lot of money.

As for attacking Jardine Matheson, Li Wendi had thought about it, but he simply did not have that much money.

Li Wendi also thought about looking for external assistance, but it was too troublesome, and Jardine Matheson might not be able to successfully acquire the company. Wheelock might become one of his companies in the future.

"Mr. Li, what are you here for today?" Hu Jinyan walked over and asked enthusiastically.

"It's nothing serious. I just came over to ask about the situation." Li Wendi said with a faint smile.

After entering the small reception room, the two sat down next to each other and the staff brought them a cup of coffee.

As usual, Li Wendi asked about the situation of Hutchison Group, Qingzhou Yingmu Company and the small companies whose stocks were purchased, and Hu Jinyan answered them one by one.

"What is the current share price of Wheelock Group?" Li Wendi asked after taking a sip of coffee.

Hu Jinyan always pays attention to these big companies, so he can answer immediately, "A shares are 2.8 yuan, B shares are 0.28 yuan, and there are probably more than 3000 million A and B shares on the market."

The price of shares A and B differs by ten times. Once a takeover war breaks out, the profits earned will certainly differ by ten times. Therefore, Li Wendi tends to acquire shares A, but the number of shares A is limited, so shares B can make do.

"Well! Help me buy Wheelock and Company's AB shares, also secretly. Be more careful this time." Li Wendi was a little worried that Jardine Matheson would find out. What if Newby and Bobby gave up the acquisition? Wouldn't that mean he would suffer a "Waterloo".

"Yes!" Hu Jinyan couldn't help but ask, "Was it Wheelock who initiated the acquisition?"

Hu Jinyan never dared to imagine that anyone would dare to acquire such a huge company as Wheelock. After all, Wheelock was one of the four largest trading companies in Hong Kong.

Li Wendi certainly didn't want to tell the truth, so he smiled and said, "No! Recently, Wheelock has absorbed a large number of new and old ships. It is possible to become one of the top five shipping companies in Hong Kong. Now is the rising period of the shipping industry, and there is a great investment prospect."

Hu Jinyan knew that Li Wendi was talking nonsense. Considering Li Wendi's status as a major customer, he did not dare to show any dissatisfaction. He nodded calmly, "Mr. Li, do you have any other business instructions?"

Li Wendi shook his head, signed some documents, and left Sun Hung Kai Securities.

Hu Jinyan watched Li Wendi's receding back and sensed something strange, so he returned to the office and asked someone to check on some recent developments at Wheelock Group. Perhaps this was a good time to follow suit.

Li Wendi has always been very accurate and has never failed. Hu Jinyan felt that it was impossible that the news of Wheelock's acquisition of the ship had made Li Wendi make such a heavy investment decision.

Return to Changxin Real Estate Company.

The secretary came in and informed Li Wendi that Mr. He Yongjian, the general manager of Yuanhe Newspaper, was here to visit and asked Li Wendi if he wanted to meet him.

He Yongjian is He Qijun's cousin and the eldest son of He Zhongmou. He is a relatively generous person with good abilities, but with a father like He Zhongmou, he is obviously inclined to be filial.

Considering the relationship between the two parties, Li Wendi had to meet with this cousin.

"Brother Jian, long time no see. How have you been?" Li Wendi stood up and greeted him.

"Hello, Mr. Li! I've been busy with the affairs of Yuanhe Newspaper, so I don't have time to say how I'm doing." He Yongjian had a faint smile on his face, with a hint of politeness.

Li Wendi started chatting with He Yongjian, and He Yongjian was very considerate and had a very happy conversation with Li Wendi.

"The Sanqianchi Printing Company did something a bit unfair, but we should not bother with the Liu family. Qijun and you are also responsible for this." He Yongjian said, staring at Li Wendi's face, as if he was worried that Li Wendi would be unhappy.

The reason given was, of course, the fact that Li Wendi had stolen someone else's love.

However, Li Wendi does not think so. Love between men and women is free, and they cannot follow the elders' "parents' orders and matchmaker's words". In other words, Li Wendi does not owe the Liu family anything.

Of course, if Li Wendi were in the Liu family's position, revenge would be certain, and it would become "the hatred of having one's wife stolen from one of the three great hatreds."

"Okay, let's not talk about this. Brother Jian definitely didn't come to my house in person to talk about this. What exactly is it about?" Li Wendi asked calmly.

"I also plan to list Yuanhe Newspaper, but the asset value of Yuanhe Newspaper is not up to standard, so I want to adopt the listing method of Qinian Newspaper, first purchase a batch of properties, and then 'list through a backdoor listing'. Mr. Li, you are a shareholder of Yuanhe Newspaper, so I want to ask your opinion." He Yongjian said very tactfully.

It is Qinian Newspaper that holds shares in Yuanhe Newspaper, not Li Wendi himself. He Yongjian only needs to discuss it with He Qijun, and there is no need to go to the door to ask.

"Brother Jian, I understand what you mean. If I can help, just let me know." Li Wendi said with a smile.

"Mr. Li is still straightforward. I won't be polite then." He Yongjian was still gentle, without any embarrassment. "I heard that Luckin Real Estate Company has a batch of properties for sale. Mr. Li has a close relationship with Luckin Real Estate, so I want to ask Yuanhe Newspaper if we can get them at a lower price?"

"Don't worry, Mr. Li. Yuanhe Newspaper will compensate Ruixing Real Estate Company for the difference afterwards. This will be written into the contract."

Li Wendi was silent for a while, then responded, "We need to discuss this with Zhang Yan. He is the CEO of Luckin Real Estate. I can't answer you for now. Why don't I ask Zhang Yan out so you can talk it over?"

He Yongjian was stunned for a moment, then smiled and said, "Okay, Mr. Li and Mr. Zhang will discuss the time and let me know."

"Okay!" Li Wendi said with a smile, "Brother Jian saw that the Qinian Newspaper was listed, so he couldn't help it, right?"

"It does have an impact in this regard," He Yongjian started chatting with Li Wendi again.

(End of this chapter)