Started from Hong Kong Island

Chapter 74 [Simplified version of borrowing a knife to kill]

Chapter 74 [Simplified version of borrowing a knife to kill]

The matters discussed were very much in line with Chen Xingzhou's thoughts, so Chen Xingzhou could not wait to invite Li Wendi to the law firm to sign the contract the next day. He successfully acquired Li Wendi's 30% stake, privatized Changheng Real Estate Company, and turned it into his own private company.

However, Chen Xingzhou's mood soon turned bad, because after his eldest brother heard the news, he immediately expressed his opposition to Chen Fenben.

In order to settle the dispute as soon as possible, Chen Fenben reconciled all opinions and proposed that "Chen's Jewelry Company owns 20% of the shares of Changheng Real Estate". Chen Xingzhou naturally wanted to refuse, but Chen Jinxi made Chen Xingzhou agree. However, the Chen family's eldest branch did not gain any advantage because Chen Xingzhou was still qualified to divide the family business.

Fortunately, Chen Xingzhou still holds the controlling rights of Changheng Real Estate Company, and Li Wendi’s request can still be fulfilled. After all, the conditions are written into the contract. Otherwise, Li Wendi can take back those shares.

In fact, with Chen’s Jewelry’s shareholding, it will be easier to go public. First, Chen’s Jewelry will pay in cash for 20% of the shares based on half of Hengyao Real Estate’s asset value. Second, Changheng Real Estate can use some of Chen’s Jewelry’s influence.

These changes in relationships naturally have nothing to do with Li Wendi, but it does not affect Li Wendi's receipt of these messages. Li Wendi smiled about this, as such changes are more beneficial to him.

After receiving the news, the Bao family became even more depressed and kept saying, "That bastard Li Wendi is so lucky."

Bao Family Study
The Bao family father and son sat opposite each other, and the atmosphere was somewhat gloomy.

"Has Chen Fenben become senile? Li Wendi messed up his family like this, but he didn't do anything." Bao Qingfan said rudely. In his opinion, everything should be in his favor.

Bao Ligui was very clear-headed. "Maybe Chen Fenben hasn't had time to deal with Li Wendi's matter yet. But based on my understanding of Chen Fenben, he is most likely holding back."

"Then should we choose a candidate to cooperate with? Li Wendi is a stone in the toilet, smelly and hard. Even if we cooperate with him, we have to keep a close eye on him, otherwise who knows what he will come up with." Bao Qingfan said with some guilt.

Bao Ligui nodded. It was no longer possible to cooperate with Li Wendi, but he felt a sense of depression in his chest. He wanted to vent it but was worried about offending some bigwigs, which would be counterproductive.

"Let's put Li Wendi's matter aside for now. There will always be a chance to get him back in the future." Bao Ligui said with a slight sigh.

"Can we spread the news from Sham Shui Po? As long as we are careful, Li Wendi won't find out about us." Bao Qingfan hoped for a lucky break.

Bao Ligui glanced at Bao Qingfan and snorted coldly, "No matter what, once the news leaks out, Li Wendi will think that it was our Bao family who did it. Do you think Li Wendi will find the so-called evidence? Can the law convict us?"

"."Bao Qingfan was accused and was speechless.

"That's it, we have to start the business right away."

"Yes!" Bao Qingfan seems obedient on the surface, but actually has his own independent ideas.

Federal Realty is nominally a subsidiary of Wheelock Properties, but is actually controlled by Zhang Yuliang of the Zhang family.

John Madden, chairman of Wheelock & Company, is a man who values ​​face more than money. As long as everyone in Hong Kong knows that Federal Realty is his, he will not mind the situation of Federal Realty.

This coincided with the Zhang family's "only want the meat, not the shell", so Zhang Yuliang was so bold to run Federal Real Estate Company as his backyard. At this time, Zhang Yuliang knew that the market was so prosperous that he could make a fortune to expand the scope of business, so after greeting John Madden, he began to spread favorable news about Federal Real Estate Company to the market, and even asked John Madden to hold a press conference to announce good news about Federal Real Estate, such as Federal Real Estate will spend a huge amount of money to acquire properties in the Mid-Levels and jointly develop some land in Causeway Bay with Kam Hing Land Company.

As soon as the good news came out, coupled with the cooperation of the media, the share price of Federal Realty Corporation began a new round of rise, and the share price of its parent company Wheelock also rose slightly.

In fact, Zhang Yuliang intended to raise the share price of Federal Realty. After it reached a certain price, he began to raise funds and issue shares to obtain money to realize his plan of acquiring properties. This was using shareholders' money to develop the company's properties.

Li Wendi was certainly not aware of this news. He was still immersed in the joy of the surge in Federal Realty's stock price. As for how much the stock would rise before he could sell it, he had no idea. However, he could judge how much assets had been added through the plan announced by Federal Realty, and thus estimate how high the stock price would rise.

So, Li Wendi called Wu Xiong and asked what price would be suitable for selling.

Wu Xiong clearly expressed his ideas and provided evidence.

Li Wendi agreed with Wu Xiong's opinion and decided to sell it at 4.5 yuan, so that he could make a profit of about 40 yuan.

Mid June

Thanks to Zhang Yan's hard work day and night, the renovation of the warehouse in Sham Shui Po has been completed by more than half, nearly three quarters of the work, and sales are expected to start in the second half of the month.

However, on this day, Li Wendi received an emergency call from Chen Xingzhou, saying that Bao Qingfan of the Bao family had found his eldest brother and told him some secrets. He did not hear it clearly, but only heard Li Wendi's name and words like Sham Shui Po warehouse mentioned many times, asking Li Wendi to be careful and not fall into their trap.

Chen Xingzhou’s idea was simple, which was to prevent his elder brother from getting what he wanted, while keeping Li Wendi as an ally and earning a favor at the same time.

This call was a huge profit for Chen Xingzhou, but a shocking one for Li Wendi.

Li Wendi guessed that the Bao family was going to use the Chen family to deal with him, and the excuse was the warehouse in Sham Shui Po.

At this point, Li Wendi had no time to fight back against the Bao family. The most urgent task was to complete the sale of the warehouse and vegetable market before the news spread. So he asked Chen Xingzhou to help him delay the Chen family and try to buy him some time.

Chen Xingzhou was silent for a long time before he agreed.

Li Wendi thought about it for a long time and came up with many plans, but they all took at least a week, and Chen Xingzhou couldn't wait that long.

In the end, he decided to sell his two private warehouses first, and discuss the one he was cooperating with Deng Jiaren with Deng Jiaren, and try to get Deng Jiaren to help.

Li Wendi immediately asked the agents of Starlight Real Estate Company to put down their work and focus on finding sellers for the warehouse vegetable market. He also increased the commission. Of course, Li Wendi could earn back half of the commission, so he made no loss in the end.

(End of this chapter)

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