Started from Hong Kong Island

Chapter 76 076 [The Threshold of 500 Million]

"Now help me use all the funds to buy shares of Wharf Holdings." Li Wendi instructed Wu Xiong.

The four major trading companies (Jardine Matheson, Hutchison Whampoa, Swire and Wheelock) and their listed companies are all high-quality stocks. Among them, the chairman of Hutchison Group is now frantically buying stocks of other companies. The share price is already not low, and it is a treasure in the hands of shareholders and is relatively difficult to acquire. Federal Development, a subsidiary of Wheelock, has just been sold off, and the acquisition of Wharf Holdings has not stopped, so the share price will still rise.

Wu Xiong was slightly stunned, but still did not say anything to dissuade him, because the matter of the Wharf Group was entirely estimated by Li Wendi himself. He did not have any credit, and he did not know where Li Wendi got the information from. What if it was a skyrocketing stock again?

"Yes! The current share price of Wharf Holdings is 4.8 yuan, and it is still rising slowly. It should not be a problem for it to rise to 5.5 yuan. However, it will take some time to buy Wharf Holdings shares now, probably one day." Wu Xiong said seriously.

The upward space of 0.7 yuan may seem small, but it is already not small compared to the stock price of 4.8 yuan. After all, if the increase is not enough, the quantity can make up for it, and the money earned will not be much less.

"Okay, try to buy all of it within the share price of 5 yuan." Li Wendi advised.

Li Wendi had a strong premonition that he could make millions of profits from the Wharf Group stocks, so his principal would soon exceed 300 million. If he could double it, it would be 600 million.

Wu Xiong didn't know where Li Wendi got such confidence, it seemed like he had obtained accurate information from a source.

Tuesday, March 3

The Sham Shui Po area was spreading the news that Li Wendi, the former leader of the Wo Luen Sheng Society in Tsim Sha Tsui, was renovating a warehouse in Sham Shui Po. Originally, such an ordinary news would have been nothing more than "wind in the ears", but coupled with the old grudge between the Yisheng Society and the Wo Luen Sheng over territory in Tsim Sha Tsui, the news value immediately increased by several levels.

Li Wendi smiled slightly, because only 10% of the market stalls in the cooperative warehouse he had left unsold. Under the current circumstances, he had earned 75 yuan (excluding the 10% cost of the market stalls), while Deng Jiaren had only a mere 12 yuan in profit. Although it was very little, it could prove in front of Deng Songlian that Deng Jiaren was quite capable and had a keen sense of business.

Suddenly he thought of that bastard relative again. Although he had promised not to retaliate, he still wanted to do something. It would be okay to create some difficulties for the Bao family so that he could vent the anger in his chest.

Unfortunately, before he could think clearly, he was interrupted by the ringing of the phone.

"Hey! Well, let him in." Li Wendi looked embarrassed, and it was obvious that he didn't like the visitor very much.

A few minutes later, Deng Jiaren, dressed in a suit and leather shoes, appeared in the office with a polite smile on his face, seeming a little unhappy.

"Wendy, I didn't expect the Chen family to release the news so quickly. Now there are still some stalls in our project that have not been sold, and I'm afraid we will lose 10." Deng Jiaren stated his intention directly.

Li Wendi rolled his eyes several times and sighed, "There's nothing we can do. We were just a little too slow. The losses are unavoidable. If we can talk to the Yisheng Society, we can get our losses back."

Deng Jiaren glanced at Li Wendi. Although this suggestion seemed good, it actually required the use of many connections and owed a lot of favors. It was a bit of a waste of manpower. He also didn't want his father Deng Songlian to be involved in this matter.

So he shook his head and said, "We have a grudge with the Yisheng Society. The Yisheng people will not miss the opportunity to mess with us."

"That's right. The Yisheng gang has always had friction with us. Now that we've handed the knife to them, there's bound to be some bloodshed. The best thing to do now is to find a buyer as soon as possible and make back the 10." Li Wendi said some nonsense.

"Wendi, I think we should first talk to the person in charge of Yisheng Sham Shui Po. Maybe this matter will turn around." Deng Jiaren still wanted to let Li Wendi take the lead while he could hide behind the scenes.

Li Wendi felt that the problem was not big, it was just a meeting, and the person in charge couldn't do anything to him, at most he would be scolded.

"Okay, then I'll ask him out to talk. Do you want to come with me?" Li Wendi asked with a smile.

Deng Jiaren thought for a moment and said, "Well, let's do it together. Some things can be decided on the spot."

Deng Jiaren was a little worried that Li Wendi would join forces with Yisheng Society to defraud him.

A few days later, the two sides met at a tea restaurant in Sham Shui Po to "talk numbers" (negotiation). There were only two people on Li Wendi's side, and a group of people on Yisheng's side. The boss Yan Cong came with a group of younger brothers, and his posture was very impressive. "So you are the boss of Liansheng in Tsim Sha Tsui, but you don't follow the rules and don't even dare to say your own name." Yan Cong began to sneer and squeeze Li Wendi as soon as he came.

"Boss Yan, I mentioned my name when I introduced myself last time, right? As for the person in charge, that has already been removed. Do I have to come out and say, 'I am the original person in charge of He Liansheng in Tsim Sha Tsui'? Then won't the current person in charge cause trouble for me?" Li Wendi spread his hands and said with a chuckle.

"Hmph! It turns out that the Black Wolf on the road is a coward. I didn't know that your leader is so short-sighted. Hahaha!" Yan Cong was stomping on Li Wendi's face madly.

Li Wendi didn't care, because he had to give face to Yan Cong's gang of brothers. If a fight broke out, he would probably be beaten into a meat pie.

"Boss Yan, let's talk about something serious." Li Wendi said coldly, "What do you want me to do to let go of my business?"

"Who is this?" Yan Cong did not answer Li Wendi's question, but looked at Deng Jiaren beside him and asked.

"Hello, Boss Yan, I'm Deng Jiaren, Wendy's partner!" Deng Jiaren introduced himself neither humbly nor arrogantly.

"He is the son of Liansheng Longtou." Li Wendi took a sip of tea and added lightly.

Yan Cong smiled slightly, not caring much about Deng Jiaren's background. "Okay, let's start talking about our business. Heilang, you cheated me once, so add some mental damages to make it a round number of 10."

"Haha!! Boss Yan, stop joking. The remaining warehouse stalls are only worth 10, and I gave them all to you. Why should we negotiate with you? Do you want to do a good deed?" Li Wendi immediately retorted.

"This is the number. If you want to talk, then talk. If not, forget it." Yan Cong's attitude was a bit tough.

"How about this, 3 dollars! Sell those stalls, and you can get more 'tuodi' (protection fee). Besides, Sham Shui Po still lacks vegetable markets, so you can continue to do this kind of business." Li Wendi persuaded.

Yan Cong curled his lips and nodded, "You have a point, but 3 yuan is definitely not enough, 5 yuan, you can sell it at a higher price, but I have one more condition."

Li Wendi glanced at Deng Jiaren and saw Deng Jiaren nodded, "Tell me the conditions."

"You are a good business man, introduce me to some business, the profit should not be less than 50."

Li Wendi was stunned for a moment, then smiled and said, "The vegetable market business is still very popular. I think it won't be a problem to make 50 yuan."

Yan Cong thought about it carefully and nodded reluctantly.

The negotiations did not last long.

Although the money I can get back is less than half, it is still a profit because the costs have been recovered after all.

If it weren't for Deng Jiaren, Li Wendi probably wouldn't have asked Yan Cong out for a talk. The 5 yuan would only be 2 or 3 yuan per person, and he wouldn't care too much about it.

Deng Jiaren was not interested in the 2 or 3 yuan. He mainly wanted to increase the profit margin of this business so that he could take credit in front of Deng Songlian.

Therefore, the person who was most unhappy in this negotiation was Li Wendi. However, thinking that he could get 2 yuan for each loss, Li Wendi seemed less upset.

Li Wendi is now very wealthy. He has about 220 million yuan in capital in the stock market and nearly 200 million yuan in cash and properties in the real estate industry. His total assets have already reached the 500 million yuan threshold (stocks are still growing). If he doubles his assets, he will have 1000 million yuan.

And this is just half a year's effort. He believes that it will not be difficult to earn 72 million in 1500 years.

(End of this chapter)