Started from Hong Kong Island

Chapter 34 [Entering Orbit]

By the end of November, the weather in Hong Kong became changeable, like a child's temper, sometimes warm and sometimes cold, so many people caught a cold.

Li Wendi also had a stuffy nose, which seemed to be a precursor to a cold. His mother Guo Cuiting was also affected and her fever had just subsided.

Seeing Guo Cuiting, who was still not fully recovered from her illness, carrying the soda basket, Li Wendi felt uncomfortable even though he did not have much affection for her. He ran over to help and did not leave home until all the goods were moved.

After meeting up with Zhang Yan, the two took a taxi to Hengyao Real Estate Company. Today they had an appointment with Chen Xingzhou and his sister to discuss purchasing a property.

conference room
The desk was covered with property information that Zhang Yan had obtained from market research. Li Wendi was reading it carefully. Although the report was not very good, it was at least a complete report and had a certain auxiliary effect.

"Da Chen Jewelry Company has many high-quality store properties. I suggest you take them over directly as an investment." Chen Xingzhou put down the documents and gave a serious suggestion.

Da Chen Jewelry Company is a private company of the Chen family, mainly engaged in jade and gold business. It is not large in scale among similar companies in Hong Kong, but its strength should not be underestimated.

Hearing this, Li Wendi's face became a little gloomy. Chen Xingzhou's intention was obvious. He made it clear that he wanted to use the company as a bridge to transfer his assets. Of course, this would benefit Li Wendi, but there were also risks. If Chen Fenben became tough, a lawsuit would probably be unavoidable.

"Mr. Chen, isn't the risk here too great? Why don't we start in Tsim Sha Tsui? I think we can make a lot of money there." Li Wendi was not willing to do this. After all, if the price was too low, it would easily attract the attention of the Chen family. If the price was based on the market, he would not make much money.

Chen Xingzhou hesitated for a moment and replied, "There are risks, but not as big as Mr. Li imagined. This is my family company's property. I can ensure that there are no problems. Moreover, I have the final say in this regard. I will sell it to Hengyao Real Estate at 9% of the market price and pay off the money within half a year. I think according to the current market conditions, we can make a profit in three months."

The price of shops is naturally higher than that of office buildings, and the rate of increase is also faster than that of office buildings in the same area. In three months, you can really make a lot of money, adding 9% of the market price, and earning 2% ​​of the original price.

The profit of such a business is very good, so Li Wendi was indeed tempted. After all, in this era, it is impossible to do business without taking risks.

"Okay, but I hope to sell it within two months. The company doesn't have much working capital and can't hold on to this money for a long time." Li Wendi compromised and agreed.

"Mr. Li, don't worry about the funding. I suggest that we mortgage the acquired store to the bank for a loan. After getting a 6% loan, we can continue to purchase properties from Dachen Jewelry Company. As for the interest, it can be paid with rent." Chen Jinxi said with a gentle smile.

Li Wendi's heart skipped a beat. Why did this model seem so familiar? This was a typical example of borrowing money to start a business, borrow money to develop, and borrow money to make a fortune.

Of course, the hidden dangers are huge. If one link fails, the entire company will fall apart, and the boss will eventually become a big debtor and go to jail.

Because this is a scam, and it certainly wasn’t a scam until it was revealed.

Chen Songqing?!

Cao!
It was actually a full 7 or 8 years ahead of schedule that this model came into being. The key point was that it collapsed in the end. The reason was the tug-of-war in the Sino-British negotiations, which lasted for 2 years, and the local markets fell into ruins.

Li Wendi took a deep breath. The global economic crisis would occur in 74, so there were still two years left. It seemed that he could give it a try. Perhaps he could get out of it unscathed.

"Okay, but I will withdraw from Hengyao Real Estate in the future, and you have to buy my shares with the company's actual assets." Li Wendi said with a sullen face. He would not always accompany these two siblings in their madness. What if they were greedy and refused to stop, wouldn't he become a scapegoat?

It’s better to agree on it now to avoid unnecessary hassles in the future. Even if Chen Xingzhou doesn’t want these shares, Li Wendi can find someone to take over.

Zhang Yan only understood the literal meaning of what was said before, and was surprised at what Li Wendi said now. Why did he want to quit after the company was doing well?
Chen Xingzhou and his sister looked at each other and were also somewhat shocked. It was obvious that Li Wendi wanted to give up the future company, which saved them a lot of effort.

"Okay, I still hope that we can cooperate well, and Hengyao Real Estate will become a listed company." Chen Xingzhou expressed his goodwill politely.

Li Wendi could naturally see what was going on, so he smiled and said, "This is all a matter for the future, let's discuss this first." Li Wendi knew that Chen Xingzhou and his sister really wanted to take over Hengyao Real Estate, and the new company was originally theirs, and he just picked up a bargain, but if he wanted to take it back, he would naturally have to pay a little more, and since Li Wendi said this today, he could pay less in the future.

After the meeting, Zhang Yan looked unhappy. In Zhang Yan's opinion, Li Wendi would definitely not leave him behind since he had become a rich man. So he was puzzled and even felt a little resentful about Li Wendi giving up Hengyao Real Estate Company in the future.

Back in the office, Li Wendi instructed Zhang Yan to close the door. He needed to explain to Zhang Yan that the two of them were one for the time being, and Li Wendi needed Zhang Yan, a loyal person, to do things.

"Do you know why I want to give up the company in the future?" Li Wendi asked seriously.

Zhang Yan shook his head. "I'm not the worm in your stomach, how would I know?"

So Li Wendi expressed his own views, including the purpose of Chen Xingzhou and his sister, the dangers of borrowing money for development, and part of his own plan.

"Chen Xingzhou and the others are so brave. Isn't this like walking on a tightrope? One mistake and they will be crushed to pieces." Zhang Yan said in shock.

"They have the support of their families, so they won't die. But it's different for me. I may face lawsuits and be burdened with huge debts." Li Wendi curled his lips and spread his hands.

"Why don't we withdraw our investment now? We can start our own company." Zhang Yan was really afraid that his good brother would fall into the quagmire.

Li Wendi smiled and said, "Don't worry, there won't be any big problems for now, but you have to help me keep a close eye on them. The people in the company were all hired by Chen Xingzhou, and it would be troublesome if they did anything behind the scenes."

Now that they are in the honeymoon period of cooperation, Chen Xingzhou should not play any tricks, because Chen Xingzhou is anxious to get rid of his family and needs a strong Hengyao Real Estate Company, otherwise Chen Xingzhou will end up with nothing.

"It's good that you know the situation." Zhang Yan breathed a sigh of relief. He was most afraid of being cheated and still helping others count money.

Li Wendi laughed again and asked, "Have you spent the money I gave you before?"

Seeing Li Wendi take out his checkbook, Zhang Yan became happy, "I bought some stocks, and now I don't have much money in my pocket."

While writing the check, Li Wendi said, "Wheelock has a good development prospect. You can try to buy some. I will notify you to sell it when the time comes."

"it is good!"

"Here is 1 yuan. Spend it frugally and ask those younger brothers to withdraw the money from the society's account." Li Wendi handed over the check and gave a reminder, otherwise Zhang Yan would use the money to eat, drink and have fun.

"Then I will use all the ten thousand dollars to buy shares of Wheelock Group." Zhang Yan glanced at the words on the check with a smile on his face. His luck has turned around in the past few months and he actually has a net worth of more than ten thousand dollars.

Suddenly Zhang Yan remembered something important and said, "There is news that a Chinese real estate company is planning to jointly develop some warehouse land in Sheung Wan. I think they will definitely choose a warehouse near the Central side."

Li Wendi blinked and said, "Tell Chen Jinxi this news. Maybe it can slow down the speed of their asset transfer and increase our voice and the value of the company's assets."

"Okay, then I'll go find Chen Jinxi right away." Zhang Yan left the office immediately.

Chen Xingzhou does not have an office in Hengyao Real Estate Company. He comes for meetings and leaves right after that. So he is no longer in the company at this time. He can only ask Chen Jinxi to help pass on the message, or she can make the final decision.

(End of this chapter)