Started from Hong Kong Island

Chapter 68 [The Old Fox of Kowloon Warehouse]

After receiving the 42 yuan, Li Wendi kept half of it to pay for the renovation of the warehouse in Sham Shui Po, and planned to continue investing the other half in the stock market. After all, such a small amount of money could not do anything big.

HSBC Small Meeting Room

Li Wendi and Wu Xiong sat face to face, with a cup of steaming coffee in front of Li Wendi.

"Mr. Wu, I have a sum of money ready to invest in the next stock. Do you have any recommendations?" Li Wendi asked seriously.

Li Wendi certainly would not completely trust Wu Xiong, as he was worried that there might be something wrong with Wu Xiong's judgment. However, he looked through a lot of information and some memories from his previous life, but unfortunately he was unable to find a satisfactory stock. Either the stock price rose slowly or was too high, so he bought only a small number of stocks and could not make much money.

"Mr. Li, we discussed the situation of the stock market some time ago, and it is still the same now. There won't be much change. In my opinion, it would be better for you to continue investing in Federal Realty." Wu Xiong said.

Li Wendi was silent for a long time. He suddenly remembered that the Wharf Group, a subsidiary of Jardine Matheson, began to acquire Harbour Enterprises Limited, Hong Kong Tramways Limited, Star Ferry Limited, etc. in the 70s, and its stock price would naturally rise sharply.

"Mr. Wu, what is the current situation of the Wharf Group? What is the stock price?" Li Wendi asked.

Wu Xiong thought for a moment and replied, "Last year, Wharf Holdings acquired Harbour Enterprises, which caused a surge in its share price. The current share price is 3.4 yuan, with a market value of about 3.4 million yuan. However, this market value is false. With the relocation of the container terminal to Kwai Chung and the in-depth development of Tsim Sha Tsui, Wharf Holdings' land in Tsim Sha Tsui is bound to be more valuable. However, no one knows when Wharf Holdings' stock will rise sharply, so the current share price is at 3.4 yuan."

After listening to Wu Xiong's words, Li Wendi felt that his chance had come again. The Wharf Group would certainly not stop its pace of acquisitions. Just like in his previous life, taking over Hong Kong Tramways Company and Star Ferry Company was a foregone conclusion and there would be no changes. However, these acquired companies were not listed companies, so he could only focus on the Wharf Group.

"Okay! Here is a check for $20. Please help me buy shares of Wharf Holdings." Li Wendi made the decision immediately.

"Mr. Li, please forgive me for being frank, but Wharf Holdings has just acquired Harbour Enterprises not long ago. I'm afraid there won't be any big moves in the short term. Plus, Jardine Matheson has been suppressing Wharf Holdings' share price. You won't make much money if you buy in now." Wu Xiong advised self-righteously. He had gained a lot of experience in the stock market recently and thought he understood the development trends of these big companies better than Li Wendi.

Li Wendi was a little angry, but thinking of Wu Xiong's efforts for him, he endured it. "Mr. Wu, no one can predict the stock market. The Wharf Group has such a good thing, it will not give up."

"Please help me buy Wharf shares, otherwise there will be a price difference."

Wu Xiong has overstepped his boundaries. He is just a trader and cannot make decisions for his clients, let alone influence their judgment. Otherwise, who will be responsible for the losses?

Wu Xiong still had professional ethics, and did not continue to persuade Li Wendi stubbornly. He sighed secretly and said, "Okay, I will help you with it right away, please wait!"

Since the total share capital of Wharf Holdings was as high as 1 million shares, and the share price had been stuck at HK$3.4 for more than a week, investors lacked confidence in the stock, so there were many scattered shares on the market. However, Wendi Li's funds were only enough to buy 5.88 shares, accounting for less than % of the total share capital.

In just one hour, Wu Xiong helped Li Wendi to deal with the matter and bought 5.88 shares of Wharf Holdings.

"Here is the proof, please take it." Wu Xiong said respectfully.

"Thank you for your hard work, Mr. Wu! Let's have tea together later!" Li Wendi chatted with Wu Xiong for a few words and then chose to say goodbye.

Li Wendi did not have much resentment towards Wu Xiong. Instead, he wanted to reward Wu Xiong. If it were not for Wu Xiong, he would not have even thought of the Wharf stock and would have earned several thousand less.

Of course, the reward will not be given at this time. Li Wendi’s funds are not strong enough. He wishes he could turn one dollar into two dollars.

Soon after returning to Changheng Real Estate Company, Li Wendi received a call from Deng Jiaren, saying that Deng Songlian wanted to see him and asked him to come to Deep Water Bay Villa.

Li Wendi couldn't guess what it was because he was busy with his own business and didn't pay much attention to the club's affairs. He didn't go there immediately, but first dealt with the official business of Changheng Real Estate before taking a taxi.

Back garden of Deng's villa

Deng Songlian is in a semi-retired state. In fact, he has always been in charge of the entire Heliansheng Society. He just likes to grow plants, which may also be a way of self-cultivation.

"Wendi, please sit for a while. The master will be here later." Lin Chaoyuan said to Li Wendi warmly.

Li Wendi naturally did not dare to be arrogant, and said respectfully, "Okay, Uncle Lin! I wonder why Uncle Deng asked me to come here?"

"Don't be nervous! The master just wants to chat with you and wants to care about you." Lin Chaoyuan refused to tell the truth.

Li Wendi joked, "So that's how it is. I thought I had done something wrong again."

"Wendi, don't think Uncle Lin is nagging you. What you did before has caused a lot of trouble for the club. You should be more cautious in the future so that Uncle Lin won't have to worry about you." Lin Chaoyuan calmly praised Deng Songlian's contributions and his kindness to Li Wendi.

Li Wendi was very clear about the social etiquette involved, and said devoutly, "I'll remember that, Uncle Lin!"

"Well, that's the best." Lin Chaoyuan nodded.

Old fox!
Who believes what you say!

Li Wendi secretly complained that he knew exactly what role Deng Songlian played in these matters, and it was not possible for Lin Chaoyuan to overturn his understanding with just a few words.

After waiting for nearly 40 minutes, Deng Songlian finally finished trimming the plants and walked over with a staggering gait.

Li Wendi quickly pulled out a rattan chair for Deng Songlian and helped him sit down.

"What have you been busy with recently? Are you resentful that I took away your position as the leader in Tsim Sha Tsui?" Deng Songlian asked calmly, as if he was chatting about family matters.

"How could I possibly bear a grudge against you? You know I never wanted to be the one in charge. I'm doing some small business now and making a little money." Li Wendi picked up the teapot and poured tea for Deng Songlian.

"What kind of business? Clothing?"

Li Wendi guessed that Deng Songlian must know what business he was in, so he did not think of hiding the superficial information. "The clothing factory has been sold, and now I am doing some real estate business and renovating several warehouses in Sham Shui Po."

"Sham Shui Po is the territory of the Yisheng Society. What? Have you reconciled with them?" Deng Songlian asked with a smile.

Li Wendi smiled embarrassedly, "They don't know my true identity, otherwise they wouldn't have sold the warehouse to me so easily."

Deng Songlian smiled at Li Wendi's words and said, "Be careful, don't get caught by them."

"Yes! I will be careful." Li Wendi nodded respectfully.

(End of this chapter)