Started from Hong Kong Island

Chapter 73 [The Temptation of Listing]

On the morning of the fourth day, Chen Xingzhou and his sister met with Li Wendi to discuss the issue of cooperation leakage and the ownership of Changheng Real Estate Company.

Li Wendi could naturally guess what they were going to talk about. As for the purpose, there were only two options: quit and continue. The possibility of quitting was greater, but seeing the expressions of the two people, he felt that the possibility of "continuing" prevailed.

"Mr. Chen, Ms. Chen, I think that matter has come to an end. Just tell us directly. We are old friends." Li Wendi laughed, but he was still a little worried.

"That matter has indeed come to fruition. In order not to affect you, Mr. Li, we have decided to withdraw from Changheng Real Estate Company. Don't worry, we will do so based on the previous investment amount. The rest can be considered as compensation to you, Mr. Li." There was some regret on Chen Xingzhou's face.

Li Wendi was not surprised by this result. After all, he was mentally prepared, so he asked the questions he had expected, "There is no rush to withdraw. What does your father think of this matter?"

After all, Li Wendi was still worried that Chen Fenben would secretly make things difficult for him and attack him, which would cause his future development to stagnate or even regress and suffer losses.

Chen Xingzhou hesitated, but Chen Jinxi responded immediately, "My father hopes that we will withdraw from Changheng Real Estate, set up a new company, and take over part of the assets of Hengyao Real Estate Company."

Li Wendi thought deeply about what was involved. Chen Fenben's anger was understandable, but revenge was out of the question.

"Then congratulations to both of you! You can finally get what you want." Li Wendi said with a smile, "Why don't I withdraw from Changheng Real Estate? This will benefit everyone."

Li Wendi believes that Changheng Real Estate is useless to him without the Chen brothers and sisters. Xingguang Real Estate can still acquire and speculate on properties, so there is no need for another Changheng Real Estate.

Suddenly, Chen Xingzhou's eyes flashed with light, and he couldn't wait to ask, "What are Mr. Li's conditions?"

"No conditions." Li Wendi shook his head. "Just give me 30. If you have any good business in the future, don't forget to help me."

"Haha!! Of course I won't forget Mr. Li as my partner." Chen Xingzhou agreed readily with a smile on his face.

However, Chen Jinxi felt that Li Wendi's purpose was definitely not simple. It was impossible that he just wanted 30 yuan and an illusory promise.

In her eyes, Li Wendi is a gangster who is greedy, cunning and far-sighted, and cannot be persuaded with a little money.

Li Wendi glanced at Chen Jinxi and said with a smile, "Since your father wants to split Hengyao Real Estate, I wonder if the previously planned listing will be delayed? Or does Mr. Chen have any plans to list Changheng Real Estate Company?"

This question surprised Chen Xingzhou and Chen Jinxi. They didn't expect that Li Wendi was still thinking about the listing.

So, Li Wendi added fuel to the fire. "A stock exchange has recently opened. There are less than 100 listed companies in Hong Kong, which is a bit too few. Moreover, raising funds on the stock market can quickly expand a company. If Changheng Real Estate Company can go public, I think it will only take a few months for its asset value to exceed that of Hengyao Real Estate Company."

Li Wendi was well aware of Chen Xingzhou's eagerness to achieve results and prove himself. With Chen's help, Changheng Real Estate took over half of Hengyao Real Estate. Although the asset value did not meet the threshold for listing, it could still be listed because there was a back door.

Chen Xingzhou was naturally tempted. Half of Hengyao Real Estate was only 500 million yuan, and a lot of things still needed to be done to successfully go public. However, once listed, the asset value of Changheng Real Estate Company would immediately exceed 2000 million yuan, or even reach million yuan. This was a huge opportunity.

The real estate market is so hot now that fundraising can be completed immediately with just some publicity.

Chen Jinxi was not so excited. Instead, she began to ponder, but could not find any harm in it.

"So Mr. Li, do you want to get some of Changheng Real Estate's allotment stocks?" "Haha!! Miss Chen is not only beautiful, but also can see through people's hearts." Li Wendi pretended to compliment, "Yes, I want to get some of Changheng Real Estate's listed stocks, within 10%, and when the stock price goes up, I will slowly sell it, of course it will not affect Changheng Real Estate's stock price."

"This is just a small thing. How about this? Mr. Li transfers his 30% shares in Changheng Real Estate for 30 yuan. When the time comes, Mr. Li will give me another 50 yuan, and I will give you 8% of the shares of Changheng Real Estate. How about that?" Chen Xingzhou was also not a pushover. He wanted to get the entire Changheng Real Estate without paying any money.

Now it was Li Wendi's turn to be in trouble, but after thinking about it, he felt that there was still profit to be made.

"Okay! Then let's go to the law firm to sign the contract in a few days."

Chen Jinxi wanted to stop it, but unfortunately Chen Xingzhou had already agreed, so she was helpless.

She was quite wary of Li Wendi, partly because of her father Chen Fenben's instructions.

Chen Fenben has been in the business world for decades and has met countless people, so some of his opinions will not be bad.

Thursday, May 3

Newspapers in Hong Kong all published the news that "Hong Kong Wharf Holdings Limited acquired Hong Kong Tramways Limited". Some economic experts even rushed out relevant analysis reports overnight, hoping to take advantage of the popularity and make themselves more famous so as to gain more benefits.

So, with everyone's flattery, the share price of Hong Kong's Hutchison Whampoa Group continued to rise to new highs like a fountain, and no one could stop it.

Li Wendi hung up the phone with a smile on his face. The share price of Wharf Holdings rose from 3.4 yuan to 4 yuan in just one hour after the market opened, and he earned about 5.88 yuan from 3.5 shares.

The Hong Kong Tramways Company is a public company that operates trams in the prosperous areas of Hong Kong Island. Its annual profits are very stable and it is a company that is difficult to go bankrupt, but it is also difficult for it to make a fortune.

In the eyes of some large companies, Hong Kong Tramways Company is undoubtedly a relatively high-quality enterprise that can increase the risk resistance of large companies.

The Wharf Group is one of the few large companies in Hong Kong, with its market value having been lower than its actual asset value for a long time. This acquisition will definitely cause a substantial rise in the stock price. The last acquisition increased the stock price by about 1.5 yuan, and this time it is very likely to increase by 2 yuan.

Li Wendi remembered that in 78 of his previous life, when Hutchison Whampoa was acquired by Li Jiacheng, the share price was around 13-14 yuan, and the market value was as high as 13 billion yuan. Although it was 72, there were still 78 years before 6, but there was a world-class economic crisis in between. It would take at least 73 years to recover to the peak state in 2, so there was a lot of room for the share price of Hutchison Whampoa Group to rise.

Li Wendi was considering whether to hold the shares of Wharf Holdings for a long time and sell them in the first half of 73. After thinking for a long time, Li Wendi still felt that he should sell them after completing the acquisition of the Star Ferry Company. After all, a large amount of cash would be needed in the second half of the year to buy the shares of those Chinese-funded listed companies.

The asset value of the Star Ferry Company is not as high as that of the tram company, so the share price will not change much, not to mention other "second-rate" (inferior) companies.

So no matter what, before the second half of the year arrives, investments in the stock market must be cleared and a large number of listed stocks of Chinese companies must be purchased.

Li Wendi felt that earning twice as much was too little, and it was very likely to reach 3-4 times, so he only needed 300 million to get 1000 million.

The profits involved are so exciting!
"Huh! The great era is coming, and we need to accumulate enough funds to achieve take-off." Li Wendi crossed his fingers, held up his chin, and muttered to himself thoughtfully.

(End of this chapter)