Started from Hong Kong Island

Chapter 314: 312 [Influence of Scandal]

Monday, September 4
The extortion case has been accepted by the court, but the trial date has not yet arrived. However, the matter has been hyped up by the media.

Many newspapers suspected that Li Wendi used her wealth and power to set a trap for Lu Yu. It was very likely that Li Wendi wanted to use her sister Li Xiaonan's marriage to achieve certain business goals, and Lu Yu suffered as a result.

After this news came out, Li Xiaonan could no longer attend classes normally at Hong Kong University and had to go home to hide.

Li Wendi originally didn't want to pay attention to these stupid media. When he went to court, he would present all the evidence and there would be much less discussion. However, considering Li Xiaonan's mood, he still held a personal press conference.

"Mr. Li, is it because Miss Li Xiaonan has married into another family that you don't like Lu Yu?"

Li Wendi glanced at the male reporter and responded calmly, "Li Xiaonan will marry out of free love. My family does not need any marriage alliances. It only took me five years to rise to prominence. Is there any other family that is faster than mine?"

"Everyone, I am only 26 years old. My youth is my greatest asset. I can build another family. So does my sister, Li Wendi, need to marry someone else?"

Another reporter squeezed out of his colleagues and asked, "Mr. Li, wealth is only part of a family. Do you think this statement makes sense?"

"This sentence makes sense! It takes time for a family to accumulate its heritage, but wealth can be accumulated in a short period of time. However, our ancestors have done this kind of marriage, such as the marriage of peacemakers during the Han Dynasty, which proved to be only a temporary measure and could not last long. So I don't like marriage. Things have to be done by yourself. Relying on others is the biggest hidden danger."

Li Wendi knew what the reporter was going to say next, so he answered the question in advance, which made the reporter a little unhappy.

"Everyone, please stop for a moment. Let me tell you something first." Li Wendi pressed his hands in the air. "Today's reception was recorded in its entirety. I hope you can report it truthfully. If anyone wants to distort the facts, I will have my lawyers send a letter directly. I don't want you to get involved in a lawsuit. I have already reserved 1000 million yuan from my personal funds to cover the cost of this lawsuit."

Didn't you say I'm a nouveau riche? Then I'll show you the financial power of a nouveau riche.

Li Wendi sneered in his heart.

Many reporters were stunned. Li Wendi is really rich.

A moment later, Li Wendi played the recording of his previous conversation with Lu Yu, which made the reporters stare in amazement.

"Mr. Li, the recording contains threatening elements. Shouldn't you explain it?"

"Before answering this reporter's question, I want to ask you, if someone messes with your family, will you treat this person politely?"

After this remark had an impact, Li Wendi continued, "I have asked a lawyer, and I don't have to bear any legal responsibility for saying a few harsh words, because I didn't take any specific actions, and that person was not harmed. On the contrary, my harsh words exposed Lu Yu's true colors, so I am even less responsible."

"If you still have questions, you can consult other lawyers. Thank you! Next question!"

Li Wendi sat there and answered reporters' questions for nearly two hours. He was already a little tired, so he announced that the reception was over.

Li Wendi walked and said, "How is the investigation going? Who is behind this?"

The head bodyguard, Ajun, replied, "We have found a person named Cai Ziming so far. There seems to be someone else behind him. We are still investigating."

"These guys have noses more sensitive than dogs, and they are very good at taking advantage of others' misfortunes." Li Wendi said with gritted teeth.

Li Wendi returned to the office, sat down and immediately fell into deep thought. The top priority now was not to punish Cai Ziming and his ilk, but to dilute the impact of this incident, or even solve and eliminate it.

After waking up, Li Wendi knew very well that the press conference could only slightly straighten out public opinion, but it would not have much effect on the overall situation. Only when Lu Yu was sentenced would the heat of the matter slowly die down.

What? Talk to Lu Rui, make some concessions, and the world will be bright!

This thought flashed through Li Wendi's mind, but was rejected in an instant because the reporters and the enemies would not let go of this flaw. They would only say that he was guilty and wanted to get away quickly, which would make public opinion even more unfavorable to him.

After thinking it through, Li Wendi called Lawyer Gu and asked him to make sure to prove Lu Yu's guilt during the first court appearance.

Li Wendi could understand what Lu Rui had done, but since the trouble it had brought him was so great, he would not let the Lu family off easily. However, now was not a good time for revenge, so he had to be patient for some time.

The next morning, when the newspapers reporting the reception were printed, many of the bystanders did not believe what Li Wendi said. They thought that rich people were bad people, and that even if the poor were wrong, the rich should forgive them because they were the vulnerable group. Others believed it, thinking that Lu Yu had ulterior motives and was trying to curry favor with the rich and powerful.

Li Wendi's goal has been achieved. He has restored the previous one-sided public opinion. The share prices of Changxin Real Estate Company and its subsidiaries no longer fell and stayed at yesterday's price, which made him feel relieved.

As the head of Changxin Real Estate Company, Li Wendi's personal scandal will affect the company's stock price. Shareholders and investors do not want to see the stock price fall and affect the appreciation of their assets, so they will put some pressure on Li Wendi. Even if Li Wendi controls Changxin Real Estate Company, he cannot avoid the questioning of some shareholders.

Soon, Li Wendi received news that his old rival Tai Seng Real Estate Company was bidding for a 5.4 square feet residential land in Wong Tai Sin, and the seller was Chinese Estates Holdings.

Due to the impact of the Lu Yu incident, the previous slow rise in the share price of Changxin Real Estate Company came to an abrupt halt and it became a "penny stock".

Li Wendi felt that this was an opportunity to stimulate the stock price, and since Dasheng Real Estate Company had a grudge against him, it was "natural" for him to steal things.

So, he called Zhang Wentao and said, "I heard that Dasheng Real Estate is bidding for a piece of land in Wong Tai Sin. Go and find out more about it. We can compete with Dasheng Real Estate and stimulate the company's stock price at the same time."

"Okay, then I'll go collect the information first, and then make an appointment with the person in charge of Chinese Estates Company." Zhang Wentao's face turned happy. He believed that his boss had suffered a lot at the hands of Dasheng Real Estate Company, and now was a good time for revenge.

Li Wendi looked at Zhang Wentao's happy face, but he still kept a straight face and said, "Let's do both things at the same time. I'm worried that Dasheng Real Estate Company will soon reach an agreement with Chinese Estates, and we don't have much time left."

"Yes! Then I will ask them to meet the day after tomorrow. We will have two days to prepare." Zhang Wentao said after thinking for a while.

Li Wendi nodded, and Zhang Wentao stepped out.

Soon, Li Wendi drove the Lu Yu incident and the land in Wong Tai Sin District out of his mind, took the official documents prepared by his secretary, and began to deal with them.

Changxin Real Estate Company holds 73% of the shares of Guoda Real Estate Company, and all the directors on the board are from Changxin Real Estate Company. Li Wendi was too lazy to take up any position, and directly let Zhang Wentao take charge of transferring millions of square feet of land in a low-key manner.

Li Wendi certainly would not allow low-price sales to occur, because this was illegal and might even attract the attention of the Independent Commission Against Corruption. He did not want to continue dealing with people from the Independent Commission Against Corruption.

Therefore, he instructed Li Wendi to sell the properties at market price. The properties of Changxin Real Estate Company are also sold at market price, and there is no need to make a profit from the price difference.

After a week of exchange and transfer, 30 square feet of land have been sold to Changxin Real Estate. The resale of all the land should be completed by mid-May. In this way, Changxin Real Estate will have a land reserve of nearly 5 million square feet.

As for the nice shops under Guoda Real Estate Company, Li Wendi does not plan to resell them. Changxin Real Estate Company and China Entertainment Real Estate Company have a large number of nice shops, and Guoda Real Estate needs some relatively high-quality assets, otherwise it will affect subsequent sales.

Although Li Wendi doesn't care about these resale matters, he still needs to know what he should know. After all, it is not good for anyone to let subordinates develop a habit or develop such thoughts as "I can make some money from it even if the boss doesn't care"

Many newsprints published the plan of Vinda Aviation Co., Ltd. to acquire Baorong Aviation Co., Ltd.: to acquire Baorong Aviation Co., Ltd. by paying a cash dividend of RMB 2000 for every 5200 shares of Baorong Aviation Co., Ltd. (or RMB 2.6 per share).

When Li Wendi saw the news, he remembered that among the stocks he had bought before, there seemed to be a company called Baorong Aviation, and he held a considerable stake in it, because the stock price was low enough at that time, only 1.1 yuan.

Li Wendi put down the newspaper, picked up the phone, and dialed the number of Sun Hung Kai Securities. "Hello! Is this Mr. Hu? I'm Li Wendi!"

After asking clearly, Li Wendi knew that he owned 120 million shares of Baorong Aviation Company, accounting for 5%. People from Vinda Aviation Company Limited had called to inquire and were willing to buy them at 3 yuan per share.

Hu Jinyan was also planning to call Li Wendi to inform him, but he didn't expect Li Wendi to call first.

"Okay, sell it to them at 3 yuan per share, but they need to pay the full amount in one lump sum," said Li Wendi.

After hanging up the phone, Li Wendi finally showed a smile. He finally heard an unexpected good news during this period.

Although the profit this time was only 228 million yuan, it was a good sign and reduced Li Wendi's pressure invisibly.

Li Wendi remembered that this Vinda Shipping Company seemed to be the company that was acquired by the Carrian Group in 81 in his previous life and became one of the four listed companies under the Carrian Group.

This company's strength is average, but its business performance is currently good. I don't know why it was acquired by the Jianing Group in the previous life.

With the help of a big backer like the Jianing Group, Vinda Shipping Company can indeed achieve good development, it's just that the controlling person has changed.

This news gave Li Wendi the idea of ​​raising funds for share offering. The current stock market situation is indeed not good, but Changxin Real Estate Company has begun to clean up the debts left over from previous acquisitions. Large loans cannot be repaid, but small loans can be cleared, so the overall business situation is still not bad. Coupled with its large amount of real estate and land, as well as stock investments on the stock market, it may be possible for investors to accept it.

Li Wendi planned to conduct an investigation into fundraising and share offering immediately after the Lu Yu incident was over, and if feasible, raise funds and offer shares immediately.

So Li Wendi also had to start preparing the funds for the fundraising. He already held nearly 60% of the shares of Changxin Real Estate Company.

(End of this chapter)