Started from Hong Kong Island

Chapter 318 Chapter 316 [Side Job]

After more than ten minutes of greetings, Li Wendi had some understanding of Yin Minghao, the helmsman of Xinchang Group. This person's insights into professional knowledge were much stronger than his understanding of human relationships.

From this, we can judge that Xinchang Group has very good construction capabilities.

"Mr. Li, I have also heard about the feud between you and Dasheng Real Estate Company. I think this time we can join forces to deal with Dasheng Real Estate Company and teach them a lesson." Yin Minghao said to Li Wendi.

Li Wendi smiled and said, "Mr. Yin is right! How do you want to join forces?"

"Mr. Li holds about 8.3% of the shares of Gaofu Real Estate Company, and Xinchang Group holds 37.8%, which together accounts for 46.1%, 38.6% more than Dasheng Real Estate Company's 7.5%. Then we can use the advantage of voting rights to control the board of directors and limit the power of Dasheng Real Estate Company in the board of directors." Yin Minghao was talking big but did not mention anything about the distribution of interests, which seemed a bit like a hooligan.

Li Wendi knew the common problem of these intellectuals, that they didn't care much about their interests, but he had to remind them, so he smiled and said, "Then how can the interests of Changxin Real Estate Company be guaranteed?"

"." Yin Minghao was a little stunned. It was not that he was unprepared, but he did not expect Li Wendi to be so direct. He lowered his head and thought for a while, then responded, "What does Mr. Li want to get from Gaofu Real Estate Company?"

"What if I want those two commercial buildings in downtown Kowloon? Will Mr. Yin think I'm too greedy?" Li Wendi said half-jokingly.

Yin Minghao thought that Li Wendi was greedy, but he still understood the ways of the world, so he shook his head and said, "It's not greedy. These two commercial buildings caught Mr. Li's eye, proving that Gaofu Real Estate's commercial buildings are indeed high-quality."

Yin Minghao started playing Tai Chi again and refused to answer the question of whether the two commercial buildings could be handed over to Changxin Real Estate Company.

"Okay, this is just a joke. The two commercial buildings in the urban area of ​​Kowloon are the most important properties of Gaofu Real Estate Company. It is embarrassing for Changxin Real Estate Company to take them with only 8.3% of the shares. However, Changxin Real Estate Company needs to make a profit to do this, so that it can explain to the board of directors." Li Wendi smiled faintly.

"Why not let Xinchang Group buy out Changxin Real Estate Company's shares at a high price? What do you think, Mr. Li?"

Li Wendi said again, "Okay! Let's add a 50% premium to the original purchase price. What do you think, Mr. Yin?"

Yin Minghao hesitated. Before coming, he knew about Li Wendi's past deeds and knew that the man in front of him was no ordinary person. At such a young age, he had been able to fight with senior business tycoons. His abilities must be good, otherwise he would not have achieved what he has today.

Therefore, Yin Minghao did not want to make enemies with Li Wendi because of Xinchang Group, but he also did not want to give up the fat piece of meat of Gaofu Real Estate Company.

"Okay! I will go back to raise funds. Can Mr. Li wait for some time?" Yin Minghao said.

"Of course! Mr. Yin, please convene a board meeting first. I will support Xinchang Group at the meeting." Li Wendi replied.

Yin Minghao was a little overjoyed. He thought Li Wendi was a 'stingy person'. "Okay, thank you Mr. Li for your help!"

Li Wendi waved his hand. "Mr. Yin, you're too polite! As long as we can deal with Dasheng Real Estate, it will be in the interests of Changxin Real Estate Company."

Dasheng Real Estate Company
The Ma family father and son looked very solemn. Ma Qingwei took the initiative to speak, "Dad, what should we do next? Xinchang Group and Li Wendi hold 46% of the shares. If we buy more shares, we may not be able to exceed 46%."

Ma Jincan looked out the window at the Victoria Harbour, where ships were passing through. Who could have imagined that Li Wendi was not affected by outside public opinion, and found their acquisition target so quickly and acted decisively. This time the loss was caused by Li Wendi.

"How are the stock prices on the stock market?" Ma Jincan asked.

Ma Qingwei replied, "Since Xinchang Group announced that it would no longer purchase Gaofu Real Estate Company's shares, the share price has begun to fall. The current drop is more than 13%. I estimate that the share price will return to the previous level. It seems that it is too late for us to sell the shares now."

"We are still a little worse than Li Wendi. Li Wendi is more decisive than us." Ma Jincan sighed and then asked, "If we sell at the current stock price, how much money will we lose?"

"It's going to be a loss of more than 1400 million! I'm worried that the stock price will continue to be pushed down." Ma Qingwei said with a guilty conscience. This was probably the biggest 'Waterloo' his father had ever experienced.

Ma Jincan shook his head and denied it, "With Li Wendi's investment in Gaofu Real Estate, the stock price should not be worse than before. Hong Kong stock investors are 'herding' and will only take action when they think it is profitable. They don't know that this is a trap set up by the capital specifically for them."

"Will Li Wendi take the opportunity to push down the stock price, leaving us with stocks that we can't afford?" Ma Qingwei directly stated his thoughts.

Ma Jincan pondered for a moment and said, "It's possible, but the likelihood is not high. Even if Li Wendi wants to lower the stock price, the people at Xinchang Group may not agree easily. To prevent it, you should sell the stocks now."

Hearing what Ma Qingwei said, Ma Jincan was also a little worried. Li Wendi has always done things as he pleases and has innovative ways of doing things. He might use other methods to convince the Xinchang Group, which would be a disaster for Dasheng Real Estate.

In fact, Ma Jincan knew that if he did not sell the shares of Gaofu Real Estate Company now, he might not end up with a loss. After all, Xinchang Group would not let the share price of Gaofu Real Estate Company remain depressed. However, it was not up to him, Ma Jincan, to decide when the share price would rise. If these stocks were stuck, it would be a loss for Dasheng Real Estate Company.

The current market is a good time to make money, so why get stuck because of some losses?

Li Wendi could guess what Ma Jincan was thinking. How could a senior figure be so humble to the juniors in the company's board of directors? If this got out, Ma Jincan would have no chance of staying in Hong Kong.

It was this mentality that caused Ma Jincan to offend Li Wendi. He believed that the younger generation should always give way to the older generation, and this could be regarded as a joke. Unfortunately, Li Wendi did not think it was a joke.

Therefore, Li Wendi used the reason that "the new company has just been controlled and it is not appropriate to raise the stock price, which will be very unfavorable for the restructuring of the company's assets" to prevent Yin Minghao from releasing some good news. At the same time, Li Wendi asked Changxin Real Estate Company to announce the resale of 8.3% of Gaofu Real Estate Company's shares to Xinchang Group Company.

When shareholders saw that Changxin Real Estate Company had withdrawn from the board of directors of Gaofu Real Estate Company, they thought that Gaofu Real Estate Company was not worth investing in. As a result, many shareholders began to sell Gaofu Real Estate Company's shares, and the stock price began to fall slightly.

The Ma father and son in the office of Dasheng Real Estate Company were filled with indignation. They had not yet sold half of the Gaofu Real Estate Company shares in their hands, but the stock price had dropped by nearly 10%. If they continued to sell at this price, Dasheng Real Estate Company would inevitably suffer heavy losses.

"How about we sell them off after a while, Daddy?" Ma Qingwei suggested softly. At this time, Ma Jincan was on the verge of a rage, and no one dared to offend him.

Ma Jincan glanced at Ma Qingwei. Although there would be losses from the sale, the tens of millions of funds being trapped would have a significant impact on the company. All subsequent plans would be stagnant. Now that the opportunity had passed, they would be directly invalidated.

This is a dilemma: should we suffer a loss or give up the original plan?

"Please help me make an appointment with Yin Minghao from Xinchang Group." Ma Jincan suddenly ordered.

"Do you want Yin Minghao to raise the stock price so that we can sell our products? Isn't this a bit slim?" As soon as he said this, Ma Qingwei regretted it and openly questioned his father.

Ma Jincan glanced at Ma Qingwei deeply, "So what good ideas do you have?"

Ma Qingwei lowered his head and did not answer Ma Jincan.

……

Good news soon came from the Zhuangshi Group. Nengda Technology was willing to cooperate with Jiade Electronics. Nengda Technology was responsible for providing technology research and development products, Jiade Electronics was responsible for manufacturing products, and the two companies would set up a new company to be responsible for product sales. Li Wendi agreed. This was a fair plan. Although the future situation was unfavorable to Jiade Electronics, Li Wendi had other ways to reduce the gap in this regard.

Because he knew that Nengda Technology would be listed by the Chong Hing Group in the future, and it would be difficult to cooperate with them at that time, and it was impossible for Gad Electronics to be a vassal company forever.

Once this cooperation plan was announced, the share price of Qinian Newspaper Company rose slightly, making He Qijun smile.

This time, the market value of Qinian Newspaper Company directly exceeded 3500 million yuan, becoming a medium-sized company.

After all, there are not many newspaper companies, and it is difficult for them to have the scale of real estate companies, so the evaluation criteria are different.

He Qijun sat on the chair with a proud look on his face. "I am the chairman of the Qinian Newspaper Company, not just some small executive director."

Li Wendi smiled and said, "It seems that the newspaper company's market value increase does not require my advice, Chairman He."

He Qijun was slightly stunned, and said calmly, "Okay, I don't have to marry you. If Aunt Guo asks, I will say that you despise me..."

He Qijun said a lot of things and thought they were Li Wendi’s weaknesses.

In fact, Li Wendi knew Guo Cuiting very well and knew that this mother would not abandon her son. Even if she did not marry He Qijun, she would only be sulking for a few days at most.

The two flirted for a while, and even Zhao Xi, who wanted to come in to report on his work, didn't dare to disturb them and left quietly.

"Qinian Newspaper Company has to start preparing some funds, and there may be acquisition opportunities in the near future." Li Wendi said seriously. The same goes for newspaper companies. It is too difficult to grow by developing their own business. Only continuous acquisitions are the fastest way to grow.

The reason why people like Zheng Yutong can grow without relying on acquisitions is because they have better sources of funds, such as good rental properties or cash cow industries.

However, the Qinian Newspaper Company had nothing and could only grow by taking risks through acquisitions.

"Which direction of acquisition?" He Qijun asked. She is a strong woman (at least that's what the outside world thinks), and of course she is interested in acquisitions.

"The entire newspaper!" Li Wendi laughed. "I heard that the owner of Tianqi Newspaper is interested in selling it, but he is not very keen at the moment. He is a little hesitant and needs to wait a little longer."

He Qijun knew that Tianqi Newspaper was an old newspaper that had been in business for more than ten years. It had some good magazines and newspapers. Although they were very traditional, they had a good influence and sales.

"It should be very competitive, right? Can we win?" After being excited, He Qijun became worried again.

Li Wendi smiled and said, "Give it a try. I heard that Sing Tao Group is also interested in this newspaper. I don't know why they like Tianqi Newspaper. You can go and test Ms. Hu's opinion."

What Hu Xian values ​​should be what most people need, and perhaps there will be opportunities there.

Unexpectedly, He Qijun shook her head and said, "I don't want to test them. I want to compete with them and defeat Sing Tao Group."

He Qijun is not like Huang Lixuan and Zhao Yazhi. She has great ambitions and has always wanted to surpass Wu Xian and become a top female leader in Hong Kong, proving to everyone that she is capable and no worse than some male businessmen.

"Yeah!" Li Wendi nodded. She had never thought of letting He Qijun be a housewife. She could be a good wife, but as for a good mother, Li Wendi didn't know.

"Prepare 1000 million, that should be enough." Li Wendi instructed.

He Qijun looked embarrassed. "Recently, all the assets of the Qinian Newspaper have been transferred to the Qinian Newspaper Company. It is difficult for newspaper companies to raise such a large amount of funds now. I want to let the Qinian Newspaper Company come forward to acquire the assets first, and then slowly transfer them when the newspaper company has funds."

"That's fine! The two companies will not be separated anyway, as long as we get it." Li Wendi said.

He knew that He Qijun had been transferring the assets of the Qinian Newspaper, but he did not expect the scale of the transfer to be so great. It seemed that the Qinian Newspaper had become an empty shell with only some money left.

Li Wendi asked about the recent situation of Yuanhe Newspaper and had a meal with He Qijun before returning to Xingguang Real Estate Company.

……

Starlight Real Estate Company
This is Li Wendi's private company. Although its assets are not as good as those of Changxin Real Estate Company, or even Mingcheng Real Estate Company, Xingguang Real Estate Company has a large amount of funds, which Li Wendi never used even in the most difficult times.

The funds of Starlight Real Estate Company come from the cooperative land development of its subsidiaries. Today, the land development funds of its subsidiaries all come from Starlight Real Estate Company or bank loans.

Li Wendi looked at the report with a gratified smile on his face. Starlight Real Estate Company was finally on track, owning a small amount of properties and land, as well as about 5200 million in cash.

There are not many employees in Xingguang Real Estate Company now, only five people, and the workload is not very heavy. The highest position is manager, which replaces Zhang Wentao's original position.

"Manager Zhao, the next plan of Starlight Real Estate Company is to join hands with Junfu Jewelry Company to reserve a large amount of gold. When Junfu Jewelry's warehouse is used up, we can consider storing the gold in major banks, except HSBC and Hang Seng Bank. The only requirement is that it is safe enough." Li Wendi said to Manager Zhao Lekai.

Zhao Lekai was recruited by Li Wendi from a foreign-funded company. He is very strong in real estate business. Although he is not familiar with gold, there will be someone to assist him at Junfu Jewelry Company, so Zhao Lekai has time to slowly adapt and learn.

He has average looks, and is somewhat similar to a male star in his previous life, but his height is very different. However, his spirit and self-confidence make up for the lack of height.

"Understood. I will contact the person in charge of Junfu Jewelry Company as soon as possible." Zhao Lekai asked, "Then how much funds should we use? Is it all the funds in the account?"

"Not all. Xingguang Real Estate still has a lot of cooperation with Changxin Real Estate Company and Mingcheng Real Estate Company, which requires a lot of funds. Let's put it this way. I will use 4000 million first. If other development projects can recover funds, I will make arrangements." Li Wendi said thoughtfully.

"The two residential buildings in the first phase of the Sai Sai Lake project are almost ready for pre-sale, and the funds should be recovered in August. The three industrial buildings in Kowloon Bay and Yau Tong Industrial Zone will be sold in September." Zhao Lekai reported.

Li Wendi thought for a moment and said, "There must be at least 1200 million in cash in the account, and the rest can be used to buy gold."

"Okay, I know what to do." Zhao Lekai said respectfully.

Li Wendi remembers that in 77, the international gold price rebounded sharply, and in early 78, it surpassed the previous price, reaching US$200 per ounce.

Now is the right time to buy a large amount of gold. If time goes on, funds will not be so tight.

(End of this chapter)