Started from Hong Kong Island

Chapter 303 301 [Spring Chapter 76]

Chapter 303 301 [Spring Festival of 76]

After signing the agreement with Rogers, Li Wendi holds 41% of the shares of Qingzhou Yingni Company. This level of shareholding is already sufficient, but Li Wendi's idea is to privatize Qingzhou Yingni Company. Although now is not the best time for privatization, Li Wendi still wants to increase his holdings to facilitate future privatization.

In his previous life, Li Jiacheng quietly privatized Qingzhou Yingmud Company in the 80s and turned it into his own private company. The tens of billions of profits generated from the 90 square feet of land in Hok Yuen, Hung Hom all went into his private pocket.

Naturally, Li Wendi also wanted to keep the tens of billions of profits for himself and contribute to the family business.

Despite obtaining a relatively large 41% stake, Li Wendi was not in a hurry to take over Qingzhou Yingni Company. Instead, he chose to continue contacting other shareholders, hoping to obtain more shares at a low stock price.

There are not many scattered shares on the stock market. Continuing to acquire shares will only cause the stock price to rise. Relatively speaking, it seems more cost-effective to start from the shareholders.

Fortunately, the down payment negotiated with Rogers was only 2%, otherwise Li Wendi would have to demolish and repair the east and west walls. The requirement to pay the balance within one month was a good thing for Li Wendi, because by that time the battle for Wheelock Group would have been over and Li Wendi would have sufficient funds to recover.

Qingzhou Yingni Company's business volume is relatively stable. Although its market share is shrinking, the demand for cement in Hong Kong is expanding and the amount of cement produced by the factory remains unchanged. Therefore, Qingzhou Yingni Company does not need to be too hasty to take over for the time being and can just maintain the current situation.

Deep Water Bay Villa

During this period, Li Wendi would stay at the Deep Water Bay Villa most of the time at night, and also accompany his eldest daughter Li Wan.

Li Wendi was sitting on the sofa, next to Li Wan's rocking car. Li Wan was holding a toy and chewing it with saliva all over her body, but she was still a cute human cub.

Li Wendi likes it no matter how she looks at it.

"Is your family's business going well?" Li Wendi glanced at Huang Lixin and asked. Of course, this was just a casual question.

Huang Lixin curled her lips and said, "It's just so-so. They are not cut out for business. They can just barely make a living."

The shop donated by Li Wendi is in a relatively prosperous area. Even if it is rented out, it will bring in the salary of a white-collar worker in Central.

"You can give them some money, but not too much. The money and assets in your hands are a guarantee for you and your daughter. If you give it to your parents' family, you will suffer in the future." Li Wendi used a napkin to wipe Li Wan's saliva.

Huang Lixin knew that Li Wendi's words contained a warning. If she gave too many things to her parents' home, Li Wendi would not increase the expenses of her side, even if life was difficult.

So Huang Lixin remembered what Zhao Yazhi said, "We have to rely on ourselves. He Qijun may not let us get too much." So after hesitating for a moment, she said to Li Wendi, "Hefeng Enterprise is already managed by Yazhi. I can't get involved. Why don't I do some other business?"

Li Wendi was slightly stunned, but continued to have fun with Li Wan, responding, "Sure, what do you want to do?"

Huang Lixin certainly doesn't know how to do business, but with him around, and a few talented people assigned to Huang Lixin, the business should be able to hold on.

"I don't know what to do. Can you help me find it?" Huang Lixin hugged Li Wendi's arm and said coquettishly.

At this time, Zhao Yazhi came back, put her bag on the sofa, and came over to sit on the other side of Li Wendi. "The company is too busy today, I came back late."

"I came back just in time. Li Xin said she wanted to leave Hefeng Enterprise. What kind of business do you think she should do?" Li Wendi asked indifferently. Zhao Yazhi was a woman who was not very loyal to her duties. She liked money more than Guan Jiahui and was more ambitious. He guessed that Zhao Yazhi had contributed to Huang Li Xin's departure.

It is obvious that Zhao Yazhi wants to take over Hefeng Enterprise for herself. Of course, Li Wendi will not allow Zhao Yazhi to control Hefeng Enterprise.

Zhao Yazhi was very smart and immediately understood what Li Wendi meant. She said, "Neither of us is cut out for business. Why don't you let Li Xin go back to Hefeng Enterprise? I can't handle it alone."

Li Wendi looked at Huang Lixin again, and Huang Lixin said a little aggrievedly, "I don't like making clothes, I like jewelry."

Li Wendi smiled and said, "Do you want to go back to Junfu Jewelry Company? To help Qijun?"

Huang Lixin shook her head and said, "I don't want to go back to Junfu Jewelry. Miss He doesn't like me hanging around Junfu Jewelry. I want a new jewelry company, a smaller one, even just a shop."

Li Wendi did not respond immediately, but continued to tease Li Wan with a smile, but it was obvious that Li Wendi was a little distracted.

"What do you think? Do you agree or not?" Huang Lixin said aggrievedly, hugging her arms.

Zhao Yazhi thought about it and chimed in, "How about using Hefeng Enterprises to help Li Xin buy a jewelry company?"

Li Wendi laughed and said, "Hefeng Enterprise is not entirely ours. It is not appropriate to ask Hefeng Enterprise to pay for it."

"Do you really want to make jewelry?" Li Wendi saw Huang Lixin nodded and continued, "Okay, but I have a request. You have to work hard and strive to expand the scale. I won't help you in the future. Even if the jewelry company goes bankrupt, I won't help you again. At that time, you can go home and take good care of Xiaowan, or return to Hefeng Enterprise."

Huang Lixin nodded heavily. She didn't believe that she was so much worse than He Qijun. "Okay, I will try my best."

Zhao Yazhi also smiled knowingly, as Hefeng Enterprise could finally fall into her hands alone.

Li Wendi did not stay overnight in the villa and left Deep Water Bay at 11 o'clock in the evening.

At the same time, he called He Qijun and asked her to keep a close eye on Hefeng Enterprise and not let Zhao Yazhi cause any trouble.

Li Wendi was not worried about Zhao Yazhi's fight for control of Hefeng Enterprise, but was only worried that Zhao Yazhi would be too ambitious and bring the company down. This woman's ability was not as great as she imagined.

"What a bunch of troublesome women!" Li Wendi sighed while sitting in the back seat.

Mid to late January 76

The Hong Kong property company announced a new round of acquisition plans: offering HK$5 for one share of Wheelock Properties, and one new share of the Hong Kong property company for every 50 shares.

Hutchison Group also responded to the move. The only difference in the announced acquisition plan was that for every 50 shares of Wheelock Holdings, the buyer would receive 5 new shares of Hutchison Group.

The competition between the two companies caused the share price of Wheelock to rise rapidly, which once reached 6 yuan. The shareholders were stunned and laughed their heads off.

Newsprint commentators even said that the stock market was about to return to the level of 72. However, the Hang Seng Index was only over 400 points. How could it be compared with the over 72 points in 1000?

Investors are very confident about Wheelock's stock and think it can rise to 10 yuan, but Li Wendi does not think so. He thinks that both companies are struggling and the last straw will break their persistence, and this straw is not far away.

So Li Wendi came to Sun Hung Kai Securities and sat down waiting for the busy Hu Jinyan.

"Mr. Li, I'm sorry, sorry! I just went out." As soon as Hu Jinyan entered the meeting room, he hurriedly apologized with a very sincere expression.

"It's okay, I didn't wait long." Li Wendi waved his hand to show that he didn't care.

He holds a large number of Hutchison Group and Wheelock shares, and it is unlikely that he can sell them all at once, so he needs to sell them slowly.

"Please help me, Mr. Hu, start selling off the shares of Hutchison Group and Wheelock Company slowly," Li Wendi ordered.

"Okay! Mr. Li, are you worried that the number of stocks is too large and the dispute will be decided suddenly, affecting the stock prices of the two companies?" Hu Jinyan asked.

Li Wendi nodded and said, "Yes! And I also think it's about time. If we wait any longer, the risk will be greater than the profit we will gain."

"Well, I'll do it right away!" Hu Jinyan stopped talking nonsense, stood up and walked out.

After a while, Hu Jinyan came back and reported, "I have already notified the traders at the exchange. They will take care of this matter. I will also follow up on it."

"Mr. Li, you currently hold 2000 million shares of Hutchison Group, 980 million A shares of Wheelock and 2130 million B shares, with a total value of more than 2 million yuan." Li Wendi nodded slightly and said, "Thank you for your hard work, Mr. Hu. Let's have tea together when you are free."

"It's not hard, this is my job." When Hu Jinyan heard that Li Wendi was treating him, he certainly wanted to honor him, "Then thank you Mr. Li for the treat."

Tsim Sha Tsui Happy Tea House
Li Wendi likes the chicken feet in this teahouse very much. They are soft, spicy and very appetizing. The other dim sum are also very good.

Therefore, the meeting with Zou Wenhuai of Golden Harvest Entertainment was scheduled here.

Zou Wenhuai has not had a good time recently. Golden Harvest Entertainment has poached a lot of talents from Shaw Brothers Film Company, but Run Run Shaw has brought in a group of talents from Southeast Asia. The adjustment period has passed, and Shaw Brothers Film Company has solved the problems left by Zou Wenhuai.

Of course, Zou Wenhuai could continue to poach talents, but Golden Harvest Entertainment was already saturated, and any more talents would become a burden to Golden Harvest Entertainment, so this trick was declared exhausted.

Now it was Run Run Shaw's turn to fight back, and Zou Wenhuai felt somewhat uneasy because he did not know from which direction Run Run Shaw would attack.

If we need to take precautions in every direction, it will obviously require a lot of financial and human resources. Golden Harvest Entertainment Company has no shortage of people, but it lacks money.

Zou Wenhuai believed that Li Wendi could make up for the shortcomings of Golden Harvest Company in this regard, so he urgently asked Li Wendi to come out.

"Mr. Li, you have heard about the situation of Golden Harvest Entertainment. I wonder if you can give Golden Harvest Entertainment a hand?" Zou Wenhuai was very humble. The identities of the two people had undergone a drastic change. Li Wendi became a well-known tycoon in Hong Kong, even higher than Run Run Shaw in some aspects.

"How do you do it?" Li Wendi wiped the corner of his mouth and asked.

"Can you lend Golden Harvest Entertainment an interest-free sum of money?" Zou Wenhuai said shamelessly.

Li Wendi glanced at Zou Wenhuai and responded, "Mr. Zou, you don't know that I am also short of money now. I still owe the bank 2 million yuan, and I need to pay more than 100 million yuan in interest every month. I am a little overwhelmed."

"The companies under my umbrella have been buying at the bottom some time ago, and the funds are only enough for the company's daily operations. There is really nothing I can do."

"Is that so?" Zou Wenhuai sighed, "Then we can only mortgage the theater chain we are developing together. What do you think, Mr. Li?"

Li Wendi smiled and said, "Mr. Zou is simply worried about Run Run Shaw's counterattack, so he wants to take defensive measures in all aspects. In fact, instead of sitting and waiting for death, it is better to take the initiative. Offense is the best defense."

"Attack? How do you attack?" Zou Wenhuai asked puzzledly.

Li Wendi smiled mysteriously. "After attacking Shaw Brothers Film Company, you can attack Run Run Shaw himself. Didn't Run Run Shaw say before that he would make a movie for me about a gangster who becomes a shopping tycoon? Can't Golden Harvest make a movie about the romantic history of Run Run Shaw?"

"I think Mr. Zou has followed Run Run Shaw for many years and knows more about his deeds than outsiders like us. I believe the box office will be very good and Run Run Shaw will have some headaches."

Zou Wenhuai's eyes widened. He had to say that Li Wendi was really amazing. She even dared to expose Run Run Shaw's past.

"This may lead to a lawsuit. There is a high chance that Run Run Shaw will sue us."

"Sue? Will it work? The protagonist of the movie is not named Run Run Shaw. Besides, how many lawsuits has Shaw Film Company been involved in since its establishment? How did Run Run Shaw handle them? Mr. Zou should know that very well." Li Wendi smiled cunningly and said, "Mr. Zou should learn from Run Run Shaw's procrastination tactics. You can use the profits from this movie to slowly deal with Run Run Shaw."

"The most important thing is that Run Run Shaw's position will be disrupted, and Golden Harvest Entertainment may even profit from it."

Zou Wenhuai admitted that what Li Wendi said made sense, but he was still a little afraid that he had opened a "Pandora's Box" and that others would use this method to deal with him in the future.

"Mr. Zou, please think about it slowly. It's not impossible to mortgage the cinema chain, but it's not as easy as this method." Li Wendi said with a smile.

Of course he was not afraid of opening this "pandemon box". The whole of Hong Kong knew that he was a gangster, so there was no need to cover up his mistake.

It is better to admit it openly than to hide it in secret.

The battle for Wheelock & Company has not yet come to an end, but Hutchison Group has taken the lead in announcing a merger plan with Whampoa Dockyard. Fortunately, the share price of Hutchison Group was not greatly affected and is still rising slowly.

Li Wendi knew that this was an illusion. The rise in the stock price was partly due to the news of the merger between Hutchison Group and Wheelock & Land Company. Once the merger with Whampoa Dockyard Company was completed and the merger with Wheelock & Land Company failed, it would be difficult for the stock price to maintain its current high level.

Therefore, Li Wendi took this opportunity to ask Hu Jinyan to increase the intensity of the sell-off and try to complete it within a week and try not to delay it until after the Spring Festival. (January 1 is the New Year's Eve.)
Hu Jinyan was very efficient. On January 1, he called Li Wendi to inform him that all the shares of Wheelock and Hutchison Group held by Li Wendi had been sold. After deducting various expenses, he recovered 26 million yuan, of which the average price of Hutchison Group shares was 2 yuan, the average price of Wheelock A shares was 332.8 yuan, and the average price of B shares was 6.7 yuan.

Li Wendi had no hesitation and asked Hu Jinyan to deposit 2 million yuan of the money into his personal account. He repaid the 2 million yuan loans from the Bank of Canada and Citibank to alleviate the recent financial pressure.

With this arrangement, Li Wendi can have a comfortable Spring Festival.

However, Li Wendi's personal funds dropped to more than 1000 million again (plus stock market investments in small companies). If calculated strictly, the personal funds he could mobilize were only about 400 million.

This is probably the most miserable Hong Kong tycoon. Zhang Yan has more funds at his disposal than Li Wendi.

The Spring Festival arrived as scheduled, and the Hong Kong Stock Exchange was closed for five days (from the first to the fifth day of the New Year), but Li Wendi was busy visiting Chinese friends everywhere, such as Cheng Yutong, Bao Yugang, and Guo Desheng.

At the gatherings of the original owner's relatives, Li Wendi only showed up briefly and exchanged a few words with some of the elders.

In the past, Bao Ligui was responsible for the venue for family gatherings. Now that Li Wendi has become the richest relative, he is in charge of it. This is a task that Guo Cuiting took over for him.

So, the party was held at the Repulse Bay Villa.

At the same time, Guo Cuiting asked He Qijun to come and help entertain the guests, which was against the rules. Guo Cuiting certainly knew these rules, but this also indirectly announced to everyone: He Qijun is my daughter-in-law.

The He family thought of this and did not stop it, nor did they agree with it, which meant they tacitly approved of this happening.

He Qijun was busy until the afternoon, then she retreated into the study to take a rest.

Li Wendi massaged her shoulders and said with a smile, "It seems that Grandma is ready to hand these things over to you. The Spring Festival in the future will be a day of suffering for you."

He Qijun curled her lips and said, "I will also come to the study early to hide away in the future. Do you know that your relatives will ask you for help, so you dare not show up for too long?"

Li Wendi nodded. "People are greedy and will try to swallow an elephant! Once we start, things will be difficult to handle. How can we balance so many relatives? I'm afraid that even if we give them the entire Li family, they won't give up."

He Qijun smiled and said, "It's not that serious. Just refuse directly. Although it will make the relationship worse, it will prevent other relatives from asking for favors. My grandfather has always done this, but he will say it in a nice way. Why don't you go ask my grandfather for advice?"

"Everyone has his own way of doing things. Copying others will only mess things up. But I want to learn how to speak more nicely." Li Wendi laughed, "Actually, I'm also afraid that your grandfather will laugh at me and say, 'I can manage such a big company well, but I can't handle a few relatives.' Where will I put my face?"

This was of course a joke, but it showed that Li Wendi was very reluctant to ask for advice on such matters.

It was very interesting to have He Qijun come forward to entertain the relatives. It not only solved Li Wendi's worries (He Qijun didn't dare to agree to anything before she got married, and others would understand), but also confirmed the fact that He Qijun was the daughter-in-law of the Li family. After all, Guo Cuiting, the mistress of the house, had already acknowledged it.

He Qijun took a break, and the burden of entertaining relatives fell on Guo Cuiting and Li Xiaonan.

In less than an hour, Li Xiaonan also walked into the study and complained about the flattery from relatives, saying that no one could speak properly to her.

Hearing this, Li Wendi and He Qijun laughed. This is the way of the world. Only in front of relatives can emotions be truly released. Other people are just additives to life.

(End of this chapter)

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