Started from Hong Kong Island

Chapter 51【Textile Union】

Deng Jialuo naturally saw what Li Wendi meant, and then said angrily, "I didn't expect that my brother is such a person, actually slandering me."

So Deng Jialuo began to perform, but in Li Wendi's opinion, Deng Jialuo's acting skills were very poor, a bit like "a monkey in a human costume".

Li Wendi remained calm on the surface and listened to what Deng Jialuo had to say, but he was full of complaints in his heart.

Do you think I am a fool?

Until the end of the meeting, Deng Jialuo did not reveal his true purpose. It seemed that he was trying to win over Li Wendi. However, Li Wendi no longer had the power he had before, and his voice in the community was zero. He did not think that Deng Jialuo still needed to win him over.

Li Wendi felt that Deng Jialuo noticed that his attitude was wrong and did not reveal his real purpose.

Li Wendi also knew that even without the participation of the second branch of the Deng family, he would not continue to sit in the position of the boss in Tsim Sha Tsui. After all, Chen Fenben had a great influence, and Chen Fenben promised to give He Liansheng some cooperation, which would undoubtedly bring He Liansheng a lot of extra income. What was the point of Li Wendi?

However, Li Wendi believes that the second branch of the Deng family must have done it, otherwise there would not be today's conversation. So Li Wendi must take revenge, but the time will be delayed.

After Christmas, Zhang Yan finally put a stack of documents about the decoration company in front of Li Wendi, looking a little tired. "There are too many decoration companies in Hong Kong that provide the information you want. This is just a part of it."

A large influx of people from Southeast Asia and the mainland requires a lot of housing, and the wealthy need to invest in some properties. The prosperity of Hong Kong's cities has driven additional industries, such as the decoration industry and the building materials industry.

Li Wendi nodded, took the information and looked at it carefully.

Although there are many decoration companies, the prices are not cheap. The information shows that the lowest asking price is 38 yuan. Moreover, the company only has one engineering team, and the professionalism cannot be guaranteed. It is possible that the team is temporarily formed by plumbers, carpenters, etc. found on the street. A more professional company will need at least millions, or even tens of millions.

At this point, Li Wendi took a deep breath. It was too expensive. The price was far beyond his expectations. He thought the price was similar to that of a garment factory, but it turned out to be more than ten times higher. His current funds were indeed not enough to buy a junk company.

After struggling for a while, Li Wendi gave up the idea of ​​acquiring the decoration company, otherwise it would be given to others for nothing.

"Ayan, I decided to set up my own decoration company." Li Wendi said in a deep voice.

Hearing this, Zhang Yan was stunned for a moment. After thinking it over, he said, "Doesn't it take a long time to set up a company? It would be more time-saving to acquire it."

Li Wendi curled his lips and said, "It saves time, but it's also very expensive. The cheapest one costs 38 yuan. I don't have that much money, otherwise you can lend me some."

Zhang Yan's eyes widened. "Didn't you just sell the warehouse in Sheung Wan? Where did the money go?"

"I bought a villa, also for investment, with a total price of about 100 million."

"." Zhang Yan was speechless. He had never heard of Li Wendi investing in a villa, and he acted so quickly.

"It's not difficult to set up a decoration company, but it's not easy to gather those skilled workers. We also have to identify whether they have the ability." Zhang Yan sighed and shook his head. There is too much work involved, and the key is that he doesn't understand it.

"That's a problem." Li Wendi said after thinking for a while.

In fact, Li Wendi’s idea was to set up a decoration company. He didn’t care whether he could attract business in the market. He would invest in a large amount of properties. For example, if some shops were too large, he could decorate them into partitions and then sell them, at least to earn the decoration fees.

If he could open a real estate agency that specializes in selling partitioned shops, he would probably be able to make some money, but Li Wendi's personal investment in real estate does not make money.

The more he thought about it, the clearer his thoughts became. Li Wendi became more and more excited. This was a business that could make a lot of money. "No matter what, we must set up a decoration company."

"The competition in the decoration industry is so fierce that a newly established company may have no business or even lose money." Zhang Yan still felt sorry for the money and could not see the business opportunities behind it at all.

So Li Wendi expressed his thoughts, which made Zhang Yan open his eyes wide in shock.

Zhang Yan licked his lips and asked tentatively, "Wendy, can I invest in it? 10% of the shares will be enough."

Zhang Yan knew the principle of "brothers should settle accounts clearly", so he didn't dare to ask for too many shares for fear of causing Li Wendi's disgust. This would be counterproductive, because he wanted to make a lot of money with the help of Li Wendi, and he knew he was not as good as Li Wendi.

Li Wendi guessed Zhang Yan's thoughts and said with a smile, "I'll give you 15%, but you have to do the work of the engineering team yourself, and you have to be quick. The villa I have needs to be renovated immediately."

"No need for so much, 10% is enough." Zhang Yan waved his hand happily, "I will go and recruit people right away, and try to finish it within two weeks."

Seeing Zhang Yan's anxious look, Li Wendi smiled. With Zhang Yan's help, he could have some free time to think about the next plan.

In any case, the fact that the boss was removed had a great impact on Li Wendi. Some plans had to be adjusted, and market research and information collation were also carried out.
Time slowly moved forward, and in the blink of an eye it was 1972.

At the beginning of January, the Hong Kong Electric Company announced its 1 profit and preliminary dividend plan at lightning speed. Although the company said it might make adjustments, it could not stop the madness of shareholders, and the company's stock price skyrocketed from that moment on.

Because the Hong Kong Electric Company announced a profit of up to 4000 million, it expected a dividend of 3000 million.

If you buy the company's stock, you can not only make money from the stock price, but also get some dividends, which is like killing two birds with one stone.

Such stocks were naturally sought after by everyone, and all major exchanges were crowded with people who were proud to get a share of Hong Kong Electric Company.

If Li Wendi hadn’t entered the market first, you probably wouldn’t be able to buy a single share now.

Li Wendi put down the phone call from Wu Xiong with an unconcealable smile on his face. The share price of Hong Kong Electric Company has risen from 4 yuan to 4.5 yuan. The market value of the 26 shares he held is 117 million yuan, of which the profit is about 55 yuan. The principal has almost doubled, which is really a huge profit.

Of course, I can't let go of the Hong Kong Electric Light Company's stocks. I must get the dividends, even though they are only tens of thousands of dollars, but every little bit counts.

Li Wendi felt that 4.5 yuan was not the end point for the Hong Kong Electric Company's stock. It might rise to 6 yuan per share. Although the possibility was not high, one could not lack imagination.

Soon, he found a red envelope on the table. The color was of course particularly dazzling, so he picked it up and opened it.

"Hong Kong Textile Union!?"

Li Wendi was a little confused. What was going on?
It turned out to be the annual dinner of the Hong Kong Textile Workers' Union, which invited all bosses or executives from Hong Kong's textile industry to attend. It was a high-end gathering that not only showed off the muscle of Hong Kong's textile industry, but also allowed them to develop business and connections.

Of course, Li Wendi was invited because he owned a clothing factory. It is possible that the union staff sent out the invitation letter without checking Li Wendi's background.

After much consideration, Li Wendi decided that attending this kind of banquet would be of great benefit to him. First, he could adapt in advance, second, he could expand his network, and third, he could find some business.

Even though he had no plans to stay in the clothing industry, it did not prevent him from making friends. It could also improve his status and even double the value of the factory, making it easier for him to sell it at a high price in the future.

(End of this chapter)