Started from Hong Kong Island

Chapter 367 365 [Hong Kong Electric Light Company]

Canadian Bank of Commerce Office
Li Wendi came here specifically to visit Bond, the person in charge, as he had a big business deal for a commercial bank.

The reason is that Bond and Li Jiacheng have been having close contacts recently, and Li Wendi is unable to stop it. She can only establish a more reliable relationship with commercial banks to ensure the future interests of Changxin Group in Canada.

"Mr. Bond, I haven't seen you for a while. How have you been?" Li Wendi greeted with a polite smile.

"It's just so-so! The Hong Kong government has issued a lot of additional banking licenses. Now many international banks have entered Hong Kong, so the competition has become much more intense. However, the commercial banks have also gained a firm foothold." Bond said bluntly.

Li Wendi smiled and said, "It seems that Mr. Bond is under a lot of pressure, but with the care of tycoons like Mr. Li Jiacheng, there will be no problem with the commercial bank. We just need to hold on."

Bond had been in the financial industry for many years and could hear Li Wendi's underlying meaning. The tycoon was very concerned about the cooperation between the commercial bank and Li Jiacheng, so he explained briefly, "It's just some ordinary business cooperation with Mr. Li Jiacheng, there's nothing special about it."

"I have a business deal here. I wonder if Mr. Bond is interested?" said Li Wendi.

Bond's eyes widened slightly. The business that Li Wendi came to personally should not be a small business. "Mr. Li, what is this business?"

"I have quite a few real estate projects under my umbrella, and my customers all need loans. If I let commercial banks get involved in this area, the profit should not be too low. What do you think, Mr. Bond?" Li Wendi said with a meaningful smile.

This is a long-term business and is also beneficial to Changxin Group.

"How does Mr. Li want to cooperate? Is there a cooperation plan?" Bond was a little anxious. This was a big business. At the same time, it would allow the Canadian Commercial Bank to smoothly expand its influence in Hong Kong. After all, it had the support of the local consortium Changxin Group.

"There is no cooperation proposal yet, but I have some ideas." Li Wendi continued to explain, "My idea is very simple. We will form a new financial company, each holding 50% of the shares. The company will be managed by a commercial bank. Changxin Group will not interfere with your management rights, but we will send people to the financial department to monitor the inflow and outflow of funds."

Bond did not agree in a hurry, but thought about it carefully. This was related to the major interests of both parties and could not be taken lightly.

"Mr. Li, can the commercial bank hold a 51% stake?" Bond was getting a little too demanding.

Li Wendi responded, "What can Changxin Group get?"

There is a lot to this matter because of the 2% difference in equity. Once such a large shareholding ratio is formed, the Bank of Canada will become the real boss of the new company, and Changxin Group will suffer a lot of losses.

Bond thought for a moment and said, "Commercial Bank can provide Changxin Group with an interest-free loan of 5 million Hong Kong dollars for a period of 2 years. How about that?"

Li Wendi shook his head. "One billion!"

Bond stole a glance at Li Wendi's face and continued to pull, "7 million yuan!"

"8 million yuan, I'll give it to you and I'll give it to you too!" Li Wendi said with a smile.

"Good! Mr. Li gets rich, and commercial banks get rich too." Bond shook hands with Li Wendi, and couldn't hide the smile on his face.

"How much does Mr. Li plan to invest?" Bond asked.

"I plan to let Changxin Group inject 4 million yuan in capital according to the shareholding ratio. The new company must be established quickly. Changxin Group will have a batch of properties for sale soon, and the new company can take the opportunity to expand its business." Li Wendi said.

"Okay, I'll arrange for someone to handle this right away." Bond said, "I'll first transfer some employees from the bank to the new company to handle the emergency."

Li Wendi nodded slightly, agreeing with Bond's idea. After all, commercial banks held a 51% stake, so it was only natural for them to have complete control over the new company.

Admiralty Centre Building
In the spacious office, Li Wendi leaned back in his chair, looking relaxed, but his brows were slightly furrowed.

"Boss, do you suspect that the Jardine Matheson Group is going to make a big move?" Zhang Wentao asked with a serious expression.

The event that Zhang Wentao came to report was that Hong Kong Land Development was planning to sell the Tregunterle luxury home in Mid-Levels Central, as well as a piece of land with an area of ​​3.4 square feet next to it.

This is definitely a wealthy area, with luxury houses and villas built here, which are very valuable, so the profits are naturally not small.

“No. 1 Century Building in Mid-Levels was built in 70 and is more than eight years old. The Hong Kong Land Development has always rented it out and has never had any plans to sell it. But it is going to sell it now. It must be due to a shortage of funds and the need to sell high-quality properties to raise funds,” Li Wendi analyzed.

Zhang Wentao nodded. It seemed that other than this explanation, all other explanations were so pale and powerless.

What big move will Hong Kong Land Holdings make? This is the most important thing.

"Do you need me to check it out?" Zhang Wentao asked.

Li Wendi nodded and said, "Go check it out, but I don't think it's likely to be found. The Landmark Company has leaked secrets so many times, this time it will definitely be kept strictly confidential."

"Yes! I'll try my best to find out." Zhang Wentao certainly didn't dare to take on too much responsibility.

"We don't have a good relationship with the Jardine Matheson Group, and the Swire Group will definitely make things difficult for us in this transaction." Li Wendi sighed. This was obviously a money-making project, but now it has become full of difficulties.

"Boss, why don't we cooperate with others secretly?" Zhang Wentao suggested.

"Well! What do you think of Luckin Coffee?" Li Wendi didn't really want the benefits to flow into other people's hands. Of course, he wanted to take over this high-end residential building and the land for himself.

Zhang Wentao pondered for a moment and said, "If outsiders knew about your relationship with Mr. Zhang Yan, would it have any impact?"

"It's possible! Do you have any other partners to recommend?"

"I'll go back and think about it." Zhang Wentao couldn't find a more suitable partner than Zhang Yan for the time being.

Li Wendi nodded, and after Zhang Wentao left, he directly called Zhang Yan's office and asked him to come over, as he had some good business to introduce to him.

Not long after, Zhang Yan appeared in Li Wendi's office. "Any good business you can recommend to me?"

Li Wendi went straight to the point. "Have you heard that Hong Kong Land is going to sell Century Tower and the land next to it in Tregunter in Mid-Levels?"

"Do you want to join forces with Luckin Coffee to win this project?" Zhang Yan asked puzzledly.

Li Wendi nodded to indicate that he had guessed correctly, "Are you interested? If you are interested, Luckin Real Estate will hold 3% of the shares, but you have to come forward."

Zhang Yan glanced at Li Wendi and said, "Are you worried that Changxin Group will be embarrassed by the Hong Kong Land Company?"

"Yes, that's right! The Cheung Kong Group has always been at odds with the Landmark Group and their relationship is very bad. I'm worried that once we negotiate in the name of the Cheung Kong Group, the Landmark Group will ask for an exorbitant price," said Li Wendi.

"Okay, 3% is 3%." Zhang Yan agreed. Luckin Real Estate Company certainly didn't have the ability to undertake this project for the time being, but with Changxin Group as a backer, it could also gain benefits from it. The most important thing was to accumulate experience in this area. "Okay, then you guys should get the valuation and other things done as soon as possible." Li Wendi explained the matter.

Seeing that the matter had been initially settled, Li Wendi began to care about Zhang Yan. "Uncle Zhang often told my mother that he hoped you would get married. When do you plan to settle down?"

When it comes to marriage, Zhang Yan becomes a bit of a rogue, "Let it be! I like my current life very much, and getting married may affect my ability to pick up girls."

Li Wendi smiled and said, "You have worked so hard to accumulate wealth, so someone must inherit it. When you die, will you donate all your money to charity? Or will you give birth to a prodigal son who will squander all your hard work?"

"I don't want to! But I can't find a suitable woman to marry. If I can find a wife as generous as my sister-in-law, I will definitely get married." Zhang Yan slumped in the chair.

"Do you want your sister-in-law to introduce one to you?" Li Wendi laughed. He didn't want Zhang Yan to damage his kidneys like Liu Da in his previous life. Although he could get a kidney replacement with money, the survival period of transplanted organs was never too long, only a few years.

"Great!" Zhang Yan was happy to see it happen.

"Okay! Then I'll ask your sister-in-law to help you keep an eye on things, and don't play too crazy." Li Wendi warned.

Zhang Yan also nodded seriously. He knew that this was for his own good.

Back to Repulse Bay Villa

Only Guo Cuiting was at home. She held Li Hong and tried to comfort him, but he just kept crying.

Li Wendi brought the baby over and coaxed him for a few minutes, and the crying stopped.

"Where is Qijun? Shouldn't she be at home with the children today?" Li Wendi asked.

Guo Cuiting came over with a bottle of milk, "Qijun went back to work. He said he had something urgent to deal with, so he won't be home much this week."

Li Wendi nodded, although she was a little unhappy. Women are supposed to take care of children, and this is especially the rule in wealthy families. He Qijun is too career-oriented.

After taking a few sips of milk, Li Hong fell asleep on Li Wendi's shoulder. However, as soon as Li Wendi put him down, he would wake up again, so Li Wendi could only hold him while sleeping.

At 8 o'clock in the evening, when Li Hong was finally willing to go to bed alone, He Qijun came back.

Li Wendi crossed his legs and sat on the sofa reading a magazine.

"Does the company have a lot of things to deal with recently? Why did you leave the child to your mother?" Li Wendi asked.

He Qijun heard Li Wendi's rather unfriendly tone, walked over with a smile, and leaned on his shoulder, "If I don't work harder, how can I keep up with you? You even acquired Wheelock, one of the four largest foreign companies, and I almost failed in the acquisition of Tianqi Newspaper."

"No matter how much money I make, it won't be enough if my children's education is not up to par," Li Wendi sighed.

He Qijun said with a guilty conscience, "I know! I will take time to take good care of Li Hong in the future."

Li Wendi knew very well that these women had begun to compete with each other. They all wanted to prove that they were capable of helping him, hoping to be valued, take the opportunity to enter some of his core companies, and even establish their own power.

This is the case with He Qijun, Huang Lixin and others, and it seems difficult to avoid.

As a time traveler, Li Wendi doesn’t have a good solution and can only let things develop and hope for a good result.

"You'd better recruit some talents and keep the major matters in your hands. It's not a good thing to always control all the management. It will consume a lot of your energy and delay other developments." Li Wendi imparted some experience to He Qijun.

a week later

There was finally news from the Hong Kong Land Development. First, Luckin Coffee acquired Century Building 3.3 and the adjacent 1 square feet residential land in Tirigandri, Mid-Levels, at a high price of 3.4 million yuan. Zhang Wentao also seemed to have discovered some traces of acquisition by the Hong Kong Land Development.

The former caused quite a stir, and Luckin Coffee's stock price soared. The company began to enter the sight of most investors. After all, Luckin Coffee has such amazing courage.

The market value of Luckin Coffee has increased significantly, by as much as 1.3 million yuan.

As for the cooperation with Changxin Group, it has not been announced to the public. Li Wendi's intention is to make a fortune quietly, because there will be many opportunities in the future for Luckin Coffee to purchase properties and land from the land company.

Zhang Wentao reported to Li Wendi, "Boss, there are many signs that the Hong Kong Land Company seems to want to acquire the Hong Kong Electric Company. In addition, Manager Bai (Bai Hui) monitored the performance of the Hong Kong Electric Company in the stock market and found that a large number of accounts were secretly absorbing stocks. If it weren't for suspicion, it would be difficult to discover."

"Can we find out where the funds of the real estate company go?" Li Wendi asked.

Zhang Wentao replied, "Some large amounts of funds can be tracked, but small amounts of funds are difficult to track."

"The securities company entrusted by Hong Kong Land is Huoduoli Company?"

"Yes! There were several transfers of funds exceeding 5 million from the Hong Kong Land Development to the Hong Kong Electric Company. According to our investigation results, the Hong Kong Land Development already holds about 6% of the shares of the Hong Kong Electric Company," said Zhang Wentao.

Although Changxin Group obtained an interest-free loan of 8 million yuan from the Bank of Canada, 4 million yuan of it has been injected into the new company, and the remaining 4 million yuan is unlikely to compete with the Swire Properties.

If the acquisition of the Electric Company by the Hong Kong Land Development is successful, even if the Hong Kong Land Development wants to sell off the Electric Company in the future, the Cheung Kong Group will be at a disadvantage in the competition with the Cheung Kong Holdings Group, because the hatred between them can only be reconciled with money.

After thinking for a long time, Li Wendi decided not to let the Cheung Kong Group intervene in this matter and instead set his sights on the recovering Wharf Group.

"I have decided that this time, Wharf Holdings will be responsible for the attack on Hutchison Whampoa's acquisition of the Electric Light Company. The Cheung Kong Group still needs to continue to recover and clear its debt problem of nearly 30 billion yuan." Li Wendi said to Zhang Wentao.

Zhang Wentao still wanted to fight for the rights of the group. "Why not let the group assist Wharf Holdings? Wharf Holdings has just recovered some of its strength, but it is still no match for Hong Kong Land."

Li Wendi felt that Zhang Wentao's words made sense, so he nodded and said, "Okay, mobilize 2 million yuan from the group to acquire 4%-5% of the shares of the electric light company. After Changxin Group completes the acquisition, I will notify Mai Lisi to join the market."

"Okay! Then I'll go inform Manager Bai immediately." Zhang Wentao left the office happily.

Li Wendi felt that he was spending money like water. More than half of the 8 million yuan he got from the Canadian Commercial Bank was gone in an instant. If the property and land project in Tiligendri in the Mid-Levels was included, the group would need to pay an additional 3 million.

However, Century Tower 1 is as high as 35 stories. By the beginning of next year, the price of luxury homes in the Mid-Levels area will rise to 1700 yuan per square foot, and the principal of 3.3 million yuan can basically be recovered.

Of course, Li Wendi does not intend to sell this high-end residential building, but to hold it for a long time.

(End of this chapter)