Started from Hong Kong Island

Chapter 379 377 [Land Delivered to Your Door]

Admiralty Centre Building
Li Wendi and Zhang Yan sat on the sofa. Zhang Yan looked a little depressed, as if he had encountered some difficulties.

"That loser Hu Jiaqi caused me to lose tens of millions of dollars. I heard that he made a huge profit, as much as 3000 million." Zhang Yan said viciously, wishing he could eat Hu Jiaqi.

"Who made your foundation unstable? Why don't you dare to attack Changxin Group or its subsidiaries? My shareholding in the subsidiaries has never been less than 38%, usually more than 40%." Li Wendi stopped flipping through the magazine and looked at Zhang Yan and said, "I'm teaching you a lesson this time. If Hu Jiaqi hadn't just come and had insufficient funds, you wouldn't have lost only 1000 million. What are you going to do with the new company?"

"Should we build it into a family company or a comprehensive company? If it is a family company, I will slowly withdraw." Li Wendi didn't want Zhang Yan to feel that he was being controlled.

“Let’s make it a family company. But you don’t have to withdraw. I will increase my stake in the new company until the new company holds approximately 49% of Luckin Coffee’s shares.” Zhang Yan suppressed his negative emotions and said seriously.

Li Wendi nodded and said, "When you have enough funds, talk to Changxin Group about the equity transfer of the new company. The ideal proportion of Changxin Group's shareholding in the new company is 20%, and your family holds 80% of the absolute control."

Zhang Yan nodded. He knew about Li Wendi's concern, so he continued, "I heard that your sister-in-law's Qi Nian Newspaper Company had some problems? If you need help, just ask."

Li Wendi thought about it and decided to briefly explain the matter to Zhang Yan. He did not mean to laugh at He Qijun, but just hoped that Zhang Yan could learn from it and not make such a mistake.

"The current market is so prosperous that even if the debt ratio is 65%, there will be no problem for the time being. You are too harsh." Zhang Yan joked. He often takes risks and does not think there is any big problem.

"Ayan, all economies are aligned with the government and the international situation. The current conflict in the Middle East is intensifying, and the negotiations in Hong Kong are still in the stage of mutual testing. Who knows if there will be a sudden result one day, and the real estate market will immediately plummet." Li Wendi continued, "When a company reaches a certain scale, it must maintain a steady development momentum, so that it can last for a long time, otherwise it will collapse sooner or later."

"You mean Hong Kong will be taken back? No way?" Zhang Yan had some understanding of these events. The most important one was the Hong Kong negotiations, which would directly affect Hong Kong's real estate and other economies.

"It doesn't matter whether they take it back or not. What matters is how long they will talk and how big the impact of this process will be. If the crash in 73 and 74 happens again, can your Luckin Coffee hold up? Can you hold up yourself?" Li Wendi said to Zhang Yan with an extremely serious expression, staring at him.

Zhang Yan thought for a long time, then suddenly asked, "When do you think it will come?"

"No one knows, including the British Prime Minister. The only thing we can do is to control the debt ratio and even have the ability to buy at the bottom at any time. I can tell you clearly that a crash will definitely happen. These events are both dangers and opportunities for everyone." Li Wendi couldn't tell Zhang Yan that the crash started in September 82.

Zhang Yan nodded and said, "By then, so many people will want to leave Hong Kong. It will be useless for us to buy at the bottom."

"Ayan, we made our fortune in Hong Kong. If we leave Hong Kong, our strength will be greatly reduced. Instead of doing that, we might as well take a gamble. I believe in our compatriots." Li Wendi said with a smile.

Zhang Yan sighed, "Since you believe me, I can't fall behind."

Zhang Yan was very self-aware. He knew that his abilities were average. If he left Li Wendi, he would be a rich man, but if he tried to make a name for himself, he would only become a pauper.

As the two talked, they brought up the Deng family, which was struggling to support Deng Jiaren.

Since Deng Songlian's death, the Deng family has fallen into the hands of Deng Jiaren and his sister. Deng Xiaoxin and Cheng Pingping have left Hong Kong and are now working and living in the United States.

After Deng Jiaren gained power, he started to get cocky and ignored Deng Xiaotong's advice. Now Deng's Real Estate Company is on the verge of collapse, and the booming real estate market is only allowing Deng's Real Estate Company to hang on for the last breath.

Li Wendi would certainly not be merciful and save the Deng family. After all, the favors between them were no longer in arrears, and Deng Jiaren was not very suitable for doing business, at least not suitable for participating in major decision-making.

Although Zhang Yan's ability is poor, he still listens to Li Wendi, and the friendship between the two is very deep, which is not comparable to Deng Jiaren.

"The decline of the Deng family is inevitable. Deng Jiaren seems to be gentle and modest, but he is actually very arrogant. He gets complacent when he achieves a little success and thinks he is the most capable one." Li Wendi still complained a few more times. Dinglingling! !

Before Li Wendi could finish speaking, the phone rang.

Li Wendi had no choice but to stop and answer the phone.

"Well! Let him in." Li Wendi said to the person on the other end of the phone.

Li Wendi smiled bitterly and said, "Don't talk about people during the day, and don't talk about ghosts at night. This saying still makes some sense. Deng Jiaren, who I haven't contacted for several years, suddenly came to visit."

Zhang Yan was stunned when he heard this. "He should be here to ask you for help. Do you want me to step aside?"

Li Wendi shook his head. "What's there to avoid? If he doesn't dare to say it for the sake of face, I don't have to find excuses to refuse."

"Okay, then I'll be your shield." Zhang Yan said with a smile. He knew that Deng Jiaren had never looked down on him. If it weren't for Li Wendi's face, it is possible that Deng Jiaren would have had him buried.

Naturally, Zhang Yan is not afraid of Deng Jiaren now. He has been in the upper class society for several years and has some connections. Deng Jiaren may not be able to surpass him in this regard.

Deng Jiaren came in and saw Zhang Yan was there too. His face turned a little grim. "Wendy, long time no see. Oh, Zhang Yan is here too. How are you these days?"

Zhang Yan was the first to respond, "It's just so-so, not good, but not bad either."

"Come on, let's sit down and talk." Li Wendi pretended to greet Deng Jiaren enthusiastically.

The three of them chatted about all sorts of things. Zhang Yan had a lot of romantic history, so his conversation always steered towards that direction.

Finally, Deng Jiaren couldn't help it. "Wendy, I came here to seek help. Deng's Real Estate Company is not doing well. I bought a lot of land in Tai Po and Yuen Long, hoping to make a fortune by taking advantage of the Hong Kong government's efforts to build new towns. But now the land prices there can't go up, and I have to pay high interest. The company can't hold on any longer."

"Brother Jiaren, how do you want me to help you? Take over those lands or lend you some money?" Li Wendi asked bluntly.

"The land prices in Yuen Long and Tai Po have increased a bit, although not much, but there is still potential. So I want to sell half of the land in Yuen Long and Tai Po to you at the original price. I wonder if you are willing to take over?" Deng Jiaren stated his plan directly.

The Cheung Kong Group has a number of land exchange rights certificates in its hands, and acquires tens of thousands of square feet of land in the New Territories from the Hong Kong government every month, including some in Yuen Long and Tai Po. However, the land exchange rights certificates are very cheap, which is quite different from the original price mentioned by Deng Jiaren.

However, in Li Wendi's eyes, this is beneficial to the group. After all, the group uses these lands for reserves. These lands will be valuable in the future, but they are not very valuable now.

"So how much land do you have in these two areas?" asked Li Wendi.

"About 173 million square feet!" Deng Jiaren said a little nervously.

Zhang Yan, who was standing next to him, held the teacup in his hand for a long time without making any movement. He was shocked. To acquire so much land would require at least 1 million yuan. How did Deng Jiaren get it?

"So you mean to sell 86 square feet of land in the New Territories to Cheung Kong Group?" Li Wendi asked.

(End of this chapter)