Started from Hong Kong Island

Chapter 321 319 [Fund Raising and Rights Issue]

Soon, as Li Wendi expected, the stock price of Yongsheng Real Estate Company fell to 0.4 yuan.

Cai Ziming noticed something fishy, ​​but relying on his majority control, he was not worried about anyone launching an attack or takeover. The only thing he had to do now was to resolve the losses of those companies, otherwise the directors would rebel.

As long as those problems are resolved, the stock price will naturally rise back slowly. When good news is released at that time, it will not be difficult for the stock price to recover.

There was nothing wrong with Cai Ziming's ideas and plans, but when he met Li Wendi as his opponent, things obviously would not go so smoothly.

With Li Wendi's nod of approval, Gao Yi began to mobilize funds, hired securities companies, and bought Yongsheng Real Estate Company's shares at a low price.

The top management of Yongsheng Real Estate Company discovered that some big investors were buying up stocks, so they reported it to Cai Ziming in a hurry.

However, Cai Ziming didn't take it seriously. He just nodded to show that he understood.

However, when the senior employee turned around and wanted to leave the office, Cai Ziming asked him to come back.

"I guess the other company should be Changxin Real Estate Company or other companies under Li Wendi. You go and spread the news that Changxin Real Estate Company wants to acquire our company." Cai Ziming suddenly remembered that he could use Li Wendi's reputation to boost the stock price.

The senior executive's eyes lit up, and he immediately understood what the boss was thinking, so he rushed to deal with it.

"Li Wendi!" Cai Ziming sneered, "I didn't expect a loser like you could help me once."

……

Changxin Real Estate Company
Li Wendi handed over the matter of acquiring Yongsheng Real Estate Company's stocks to Gao Yi. This was a "icing on the cake" and Li Wendi also believed that Gao Yi could handle it well.

Zhang Wentao and Lin Dongmei were sitting in front of him, discussing the fundraising and share offering of Changxin Real Estate Company.

As Li Wendi did not have sufficient funds and the market conditions were not very good, he wanted to raise 2000 yuan first.

"Boss, the results of the market investigation on fundraising are not very good. If we force fundraising and issuing shares, I'm afraid some shareholders will not recognize it, which will affect the company's reputation." Lin Dongmei said with a heavy face, and couldn't help but steal a few glances at Li Wendi.

Zhang Wentao blinked and said, "Issuing new shares is not very appropriate, unless it is a targeted issuance."

Hearing this, Li Wendi's face darkened. What the hell is a targeted issuance? Isn't it just asking me to pay the Changxin Real Estate Company?

The key point is that Li Wendi does not have much personal cash, and his shareholding in Changxin Real Estate Company is already quite high. It would not make much sense for him to acquire the new targeted shares.

"In this case, let's put the fundraising issue aside for now." Li Wendi was also helpless. He couldn't force shareholders to issue shares.

Seeing that Li Wendi had given up, Zhang Wentao changed the subject and said, "The second phase of the Baguio Bay project has been sold out. According to the financial statements provided by New World Development, the second phase made a profit of NT$3200 million. We accounted for 5%, which is NT$160 million. After deducting taxes, we received NT$144 million."

"Yeah!" Li Wendi nodded slightly, "What about Changxin New Village?"

"The construction period is already halfway through, and it is expected that three residential buildings will be completed by the end of the year, providing 2853 residential units," Zhang Wentao replied.

"What about Taikoo City? When will they sell the first phase?" Li Wendi touched his chin.

“I heard that Taikoo Chang Development Company plans to sell the first phase of residential buildings in July.”

Li Wendi's idea was very simple. The two sites were close to each other, and Taikoo Shing was a huge real estate project. With Taikoo Shing paving the way for publicity, Cheung Sun Village could save a lot of advertising costs.

If you can't afford a house in Taikoo Shing, you can buy a small house in Cheung Sun Village. Anyway, the two sites are not far away, so you can walk to Taikoo Shing for shopping.

Li Wendi also thought about building the infrastructure of Changxin Village like Taikoo City, but in this way, the functions would be duplicated, and Taikoo City occupied too much land, so Changxin Village could not compete at all. In this case, it would be better to take advantage of Taikoo City and reposition Changxin Village to become a vassal of Taikoo City. The key is to make more profits.

Of course, those regular stores such as supermarkets and restaurants will still be there, after all, these are properties that are sure to make a profit.

"There is no need to rush the Changxin New Village project. We are not competing with Taikoo Shing, but taking advantage of the momentum." Li Wendi said with clear direction.

Zhang Wentao also reported on the construction status of Grade A commercial buildings in Sheung Wan, Wan Chai and Causeway Bay, most of which will be completed in the second half of the year.

It was Lin Dongmei's turn to report, "There have been a lot of acquisitions recently. Since we got the news quickly, we made a lot of profit, about 1600 million yuan. We now hold stocks worth 2100 million yuan, including New World Development Company, Hang Lung Company, Sun Hung Kai Properties and other Chinese companies with good practices, as well as stocks of many large British companies."

"Especially the recent Yongsheng Real Estate Company, we have already bought a lot of shares from small shareholders at a low price, and our shareholding ratio is about 6%..."

In general, Changxin Real Estate's operating conditions are very good, but the current economic environment is not good, and it is really difficult for a company to achieve much, and it can only adapt to the development of the times.

Lin Dongmei stayed alone again, and Zhang Wentao was no longer surprised.

"What's the current situation at our new company?" Li Wendi asked with a smile.

Lin Dongmei helped Li Wendi tidy up the desk and said, "It's no different from usual. The company now has 1000 million in cash, plus stocks worth about 1300 million."

"Do you think I can do it?" Lin Dongmei suddenly asked playfully.

"Of course I can! I'm even more capable in other areas." Li Wendi took a breath on Lin Dongmei and said with a sly smile.

Lin Dongmei doesn't look very good, but in terms of securities and stocks, she can be a good assistant to Li Wendi and share a lot of work with Li Wendi.

"I'm talking seriously. Rumors are spreading in the company that I'm your fourth mistress. Be careful in the future." Lin Dongmei broke free from Li Wendi's restraints, stood up and straightened her clothes.

"What? Don't you want to be the fourth mistress?" Li Wendi still had a sly smile on her face.

"I am myself, not anyone's lover." Lin Dongmei said seriously.

"So what you mean is that you and I are just joking and can't take it seriously?" Li Wendi said with a faint smile.

"No!" Lin Dongmei's face showed a trace of nervousness. She didn't want to leave this young and wealthy tycoon. Besides, once she left, where could she find a similar man?
"I don't want to compete with your lovers for the family property. I just want to build my own career, just like your fiancée He Qijun." Lin Dongmei explained.

"Whether you fight or not is your business, and whether I give or not is my business." Li Wendi said seriously, "It's good this way. Relying on yourself is the safest and most reliable. It's your biggest support."

"If you work hard, maybe the securities company can be inherited by our son or daughter in the future?" Li Wendi painted a big picture for Lin Dongmei.

This woman still needs to be stabilized for the time being. Li Wendi needs Lin Dongmei's help. After all, finding a trustworthy person is not an easy task.

Hearing this, Lin Dongmei was slightly stunned, then blushed and said, "Who wants to give birth to a son for you? I never said that."

"Really? Then I want to see if you really want to?"

Li Wendi grabbed Lin Dongmei's hand and pulled her towards him...

There were some soft sounds coming from the lounge in the office.

Fortunately, the sound insulation is very good, otherwise the secretary outside would be blushing.

(End of this chapter)