Started from Hong Kong Island

Chapter 447 Chapter 446 [End]

The four-day suspension of trading at the Hong Kong Stock Exchange caused great panic, and with the media coverage, the public became increasingly dissatisfied.

Under this pressure, the Hong Kong government announced the establishment of a "Securities Industry Review Committee", with the Chairman of the Hong Kong Stock Exchange, Li Fook-cheung, at the forefront.

Therefore, when Li Fook-shun's term of office expired in mid-November, Li Fook-shun resigned as Chairman of the Stock Exchange and only served as Vice Chairman in name. The Chairman was replaced by Li Quo-wei, the former Chairman of Hang Seng Bank, who was appointed by the Governor of Hong Kong.

On the day after New Year's Day in 88, the ICAC received a report and after verification, they went to Li Fook-shiu's private residence at 9 Shouson Hill Road East and brought Li Fook-shiu to the ICAC to assist in the investigation. Also arrested at the same time were the CEO of the Stock Exchange, Sun Hon-kuen, and the Listing Department Manager, Tsang Tak-hung.

Li Fuzhao's family paid HK$1000 million to bail him out, but he was restricted from leaving Hong Kong and all his documents were confiscated by the Independent Commission Against Corruption.

Absurdly, the reason for arresting Li Fuzhao was "accepting shares of listed companies as compensation for facilitating listing", and the verified value of the shares was 80 yuan.

At this time, Li Fuzhao's net worth exceeded 10 billion yuan, and the 80 yuan of stolen money seemed so glaring.

After the Spring Festival in 88, Li Wendi ordered his companies to start buying stocks in Hong Kong, the United States, Singapore, London and other places. At the same time, the largest amount of funds were mobilized in Hong Kong and the United States, which were HK$200 billion and US$60 billion respectively.

The real estate companies under the names of Huang Lixin, Zhao Yazhi and Guan Jiahui began to acquire a large number of properties in Hong Kong, with the main targets being commercial buildings and high-end residences.

Take Zhao Yazhi's Diya Real Estate Company as an example. It used HK$11 billion to acquire 8 commercial buildings, a 9-story shopping mall, and 23-square-foot shops in Wan Chai.

By June 88, Changxin Group and Baoli Group jointly won the bid for the Lantian Metro Station project, which was the Lantian Ligang City project in its previous life.

Changxin Group intends to use this as a springboard to connect with state-owned enterprises to enter the mainland market. It has also successfully acquired the No. 1 plot of land in Beijing and plans to build the first luxury residential community in Beijing.

In August, Cui Baiquan, who controlled Legu Real Estate Company, announced that he was willing to sell 8% of the shares of Legu Real Estate Company, that is, to transfer the operating rights and control rights of Legu Real Estate Company.

You should know that Lok Koo Properties owns three high-quality small commercial buildings on Ice House Street in Central, which are worth more than HK$3 million and have little debt. It is an extremely high-quality company, attracting competition from many large companies, and Cheung Kong Holdings is no exception.

So, Zhang Yan and Liu Luanxiong found Li Wendi and were willing to form a joint company to take over Legu Real Estate Company together.

In fact, any one of the three has the ability to take over Legu Properties, but Zhang Yan and Liu Luanxiong have already bought most of the cash, and it is difficult for them to come up with 3 or 3 million Hong Kong dollars now.

In order to ensure that he could acquire Legu Real Estate Company, Li Wendi of course liked to pay a high price, setting the price at 4.5 million yuan.

Zhang Yan and Liu Luanxiong had some objections at first, but after listening to Li Wendi's analysis of the quality of Legu Real Estate Company, they stopped talking and agreed to the price of 4.5 million yuan.

As expected, Li Wendi and others won the bid, paying 3000 million yuan more than the second-place Hang Lung Company, which was a narrow victory.

Although Hang Lung suffered heavy losses in the crash of 82, it not only recovered but also made a fortune thanks to the remaining subway station projects. Today, it is among the top 20 real estate companies in Hong Kong.

In November, Wendi Li's family established a family charity to carry out charitable activities in Hong Kong and the mainland, such as supporting the construction of 11 Hope Primary Schools and 300 Hope Middle Schools in the mainland, and supporting poor children to complete college.

In order to carry out these charitable activities to the end, Li Wendi's family will allocate 20 billion yuan to hire personnel to monitor the children's learning and other situations, hoping that this money can play a real role.

After the stock market crash, the Hong Kong government launched the Wan Chai Central Plaza land and the Central District Land King in 89 in order to revitalize the real estate industry.

With its absolute strength, Cheung Kong Group won the Central District land king at a cost of 91 billion yuan, while the Wan Chai Central Plaza land was won by a Chinese joint consortium, in which Cheung Kong Group also held a 15% stake.

As a result, Cheung Kong Group became a veritable landlord in Central, owning more than 1200 million square feet of commercial building floor area in Central, which is 1 times more than the second-ranked Hong Kong Land Development.

In April 89, Changxin Group was invited to intervene in the acquisition of Wing On Group by New World Development Company, and jointly with New World Development Company launched a comprehensive acquisition of Wing On Group, including 4% of the shares of Wing On Bank.

After the successful acquisition, New World Development Company took away all the important properties under the Wing On Group, such as Wing On Building, Wing On Life Building in Central, and Wing On Centre Building in Sheung Wan.

Soon, New World Development Company demolished and rebuilt the Wing On Building, Wing On Life Building, Melbourne Building and Liu Chong Hing Building in Central, planning to build a commercial building with a floor area of ​​56 square feet. In this way, the rental area of ​​commercial buildings in Central by New World Development Company exceeded 160 million square feet, making it the third largest landlord in Central.

Originally, Li Wendi had no intention of participating in this acquisition, but unfortunately he could not resist Zheng Jiachun's personal offensive, and the department stores and banks of the Wing On Group were of great benefit to its subsidiaries, so he joined rashly.

One month later

Due to events in the mainland, the Hong Kong stock market and local markets experienced another sharp drop. Although it was much milder than the stock market crash in 87, it triggered a more serious wave of immigration.

Fortunately, AIA Bank and Wing On Bank under Li Wendi had a large amount of funds and were not crushed by the bank run. Instead, they took the opportunity to make a fortune from foreign currency conversion projects.

The turmoil lasted until New Year's Day 90, when it was completely settled.

After the Spring Festival, news of Jin Yong's retirement spread in the market again.

Ho Ki-kwan's Qinian Newspaper Company is preparing to participate in the bidding for the acquisition of Ming Pao Group, among which the most competitive candidate is Yu Pin-hai.

This person looks very similar to Jin Daxia's eldest son and has natural advantages, but Li Wendi used the power of America to investigate Yu Pinhai's background very clearly.

At the same time, he revealed Yu Pinhai's bad behavior overseas to the Hong Kong media. He had very bad character, so Jin Daxia had to exclude him from the candidates for the acquisition.

Li Wendi did not play the friendship card with Jin Daxia, but talked honestly about business interests and the development of Ming Pao Group. Finally, He Qijun convinced Jin Daxia with a sincere attitude and acquired Ming Pao Group for 15 billion yuan.

After 97, Hong Kong returned to power, and the Wendi Lee family has become a global super family. Although it has been very low-key in the past 7 or 8 years, it could not escape the publicity of the Hong Kong media and was repeatedly ranked as the top five families in Hong Kong.

The second generation of heirs of Li Wendi's family have also begun to step onto the stage. Li Wendi's eldest daughter, Li Wan, is 23 years old. She graduated from Stanford University and is now the executive president of Junfu Jewelry Company, responsible for all business in Asia.

In fact, Li Wan has been working as a gold jewelry salesperson, teller and company logistics supervisor at Junfu Jewelry Company for more than a year and is quite familiar with the work processes of Junfu Jewelry Company.

Of course, this is also because Junfu Jewelry Company is a family business, and it is not difficult to accept for Li Wan, the eldest daughter, to manage it.

However, He Qijun had some opinions about this, but after Li Wendi announced that Li Wan would only stay in Junfu Jewelry Company for a while and would not inherit it, He Qijun said nothing more.

Li Wan's mother Huang Lixin also owns a jewelry company, which is quite large, and Li Wan can definitely inherit it.

According to Li Wendi's idea, Xinwan Jewelry Company was to be listed, but the controllers would be Li Wendi, Huang Lixin and Li Wan, not Li Wendi's family. Soon, Li Wan resigned from Junfu Jewelry Company and gave the position to his 3-year-old eldest son Li Hong, and then came to Changxin Group to work as Li Wendi's secretary and learn from Li Wendi.

However, Li Hong, who had just graduated from college, did not like Junfu Jewelry Company at all. He only took this position out of grievance under the scolding of his mother He Qijun.

Both children were sitting in Li Wendi's office. In fact, Li Wan and Li Hong had a good relationship and could be said to have grown up together.

They also know that the family has many businesses and no one person can control them all, so everyone will inherit a considerable amount of business and there is no need to fight over it.

"Sister, you are doing so well at Junfu Jewelry, why do you want to quit?" Li Hong pouted. "If I were to become the CEO, I might not be able to quit in the future."

Li Wan glanced at her brother Li Hong and said with a smile, "Aunt has disliked me for a long time, so it's a good opportunity for you to be the boss. Junfu Jewelry Company will be yours in the future anyway, so get familiar with it now."

"Daddy, look at my elder sister. She is saying bad things about my mommy." Li Hong took the opportunity to complain. He knew that it was impossible for his elder sister to go back to be the CEO.

"Okay, forget about fighting at home. This is an office, so you need to stop it." Li Wendi acted like a father.

Li Hong raised his eyebrows at Li Wan in dissatisfaction, indicating that it was not over yet.

Li Wan just smiled and didn't care.

For Li Wendi, there is no obvious preference for boys over girls. Whoever is capable can do the job. This is the minimum standard for inheriting the family business.

"Daddy, are those Jews going to attack Hong Kong?" Li Wan asked with a serious expression.

In early 97, Jewish capitalists led by Soros aimed their "hunting" guns at Thailand, shorted the Thai baht currency, made billions of dollars in profits from the Thai market, and caused Thailand to lose more than 300 billion US dollars.

Of course, Wendi Li also took a sip of the spoils and made a profit of $17 billion.

Then Soros targeted the Philippines, and Li Wendi also took advantage of it, making a profit of nearly $10 billion.

Soros made a profit of more than $100 billion by sniping at various Asian countries, while Li Wendi also made a profit of nearly $50 billion, of which his family made a profit of $30 billion.

Now the consortium headed by Soros is likely to set its sights on Hong Kong, one of the world's four major financial centers. Although Hong Kong is not as large as those countries, capital is concentrated here and a lot of profits can be made.

Li Wendi nodded and said, "According to information from insiders of the Soros consortium, this group of Jews are mobilizing funds to attack Hong Kong."

"These people are very bold. They want to make a profit of 100 billion US dollars from Hong Kong and turn it into a ruin."

Li Wan smiled at this, as if she didn't take this joint consortium seriously, "Can they win?"

Li Wendi rolled his eyes at Li Wan and said, "Don't underestimate these people. Even a country like Singapore is no match for them. Even if Xiangjiang can win, it won't be easy."

"Daddy, why do I feel like you can handle them alone?" Li Wan said jokingly.

Li Hong heard the conversation between the two and hurried over. Looking at the computer, he asked, "Dad, can you take me to see this sniper battle?"

Li Hong majored in economics in college. He had learned about Jewish financial groups in the United States years ago, so he knew that such a grand scene was hard to come by. If he could participate in it, it would be enough for him to brag about it for a while.

Li Wendi glanced at his children and said, "Okay, but you can only watch and not participate. Don't harm Hong Kong, otherwise I will remove him (her) from the family."

"." Li Hong and Li Wan looked at each other and immediately lost their joking intentions. They knew that their daddy was not lying and this was absolutely true.

"We understand." The two siblings responded in unison.

97 late 10

The Hang Seng Index began to fall, falling 21 points on the 1200st alone.

Such a large drop is extremely rare in Hong Kong's history.

The Hong Kong government immediately convened a meeting of many powerful businessmen, hoping that they would help stop those Jewish lunatics.

At first everyone was hesitant. After all, the achievements of people like Soros were so impressive and somewhat scary.

Li Wendi was not afraid at all, and immediately expressed his full support to safeguard Hong Kong's interests.

With Li Wendi's response, people like Cheng Yutong and Li Jiacheng would naturally not lag behind. They also expressed their willingness to help as much as possible and were willing to work with the Hong Kong government to repel the Jewish consortium.

In order to give everyone more confidence, Li Wendi said that he was willing to be the vanguard and take the lead in firing at the Jewish consortium.

The Chief Executive of the Hong Kong Government was of course very happy and said that the Hong Kong Government would never back down and would stand together with the citizens of Hong Kong.

For this battle, Li Wendi and his companies have mobilized 120 billion US dollars in cash, deposited in Union Bank and Yong'an Bank, all of which are used to fight Soros.

This battle lasted intermittently for a year, and finally Hong Kong won a great victory by defeating the Jewish consortium, while the Soros consortium lost billions of dollars, almost giving back all of its profits in Asia.

After this battle, the reputation of the Li Wendi family reached its peak.

Some media claim that Wendi Li's family's assets have exceeded 5000 billion US dollars, making him the world's richest man.

However, Li Wendi denied it and announced to the public that his family's assets were only 100 billion US dollars.

Fortunately, Li Wendi had the foresight to privatize companies such as Wharf Holdings and many investment companies were hidden underground. The media was unable to find much information and could only speculate.

In fact, the assets of the Wendi Li family have exceeded 4000 billion US dollars, and Hong Kong is still the family’s base, but there is still a big gap compared to those hidden families.

(End of this chapter)