Started from Hong Kong Island

Chapter 88 [Do you want financing?]

The proposal that Zhang Wentao took away was about a store partition project. It was a big business, but the profit was not high.

In Li Wendi's plan, this project can involve all the prosperous areas of Hong Kong, and the decoration company he has can shine and grow rapidly. He plans to take the opportunity to attack the land development industry, recruit some construction talents or acquire a construction company, and even complete the construction of the first residential building before the economic crisis comes.

Of course, this seems a bit unrealistic. Entering the land development industry before the economic crisis seems to do more harm than good, because the crisis is not far away. It is more in Li Wendi's interest to acquire a construction company after the crisis, as the company will definitely lose money during the crisis.

However, Li Wendi believes that as a time traveler, he can grasp these key time points, which is different from others.

The price of office space in Wan Chai is changing with each passing day. It has been rising at an alarming rate since September last year. The real estate businessmen have contributed to this, but more importantly, it is the shortage of offices in Central and the influx of foreign companies (especially financial companies), which have made office buildings in Wan Chai very popular. The price has now risen to 9 yuan per square foot.

The first floor of an office building snatched from Wei Zuhui is now worth more than 100 million yuan, which is twice the original purchase price. Li Wendi is reluctant to sell this golden goose. After all, the rent is also a good income.

It seems to be a good choice to purchase office buildings in Wan Chai at this time, but it is actually difficult to find sellers. Everyone knows that Wan Chai has been truly developed, and they are all waiting to make a fortune. No one is willing to give up the profits.

Li Wendi sighed. If he was not a time traveler, it would be difficult to make a fortune in this era, especially in the real estate industry where competition was extremely fierce.

According to newspaper reports in this life, there are no less than 350 real estate companies in Hong Kong, of which small companies account for 70%, medium-sized companies account for 26%, and large companies account for only 4%. The most important thing is that all resources are in the hands of medium and large companies, and small companies can only get a small portion of the business projects. You can imagine how tragic it is.

No wonder there are only four major families in Hong Kong in later generations, rather than ten major families or twenty major families. The four major families are undoubtedly the winners in the business war, and most of the other real estate developers have been eliminated.

Mid to late March
The first batch of shop partition projects have been completed. Although the shops are located in the bustling Tsim Sha Tsui, in order to sell them at a high price, they still need to advertise to attract competition from buyers, so as to maximize the profits.

Li Wendi decided to go to the newspaper himself to place the advertisement and find out about the advertising price and other information of the newspaper.

A boss who always relies on his employees will be out of touch with the reality at the grassroots level, which is not conducive to development and growth.

Li Wendi knew this very well, as he was also a worker in his previous life. Now he needed these employees to be loyal to him and at the same time be on guard against unexpected events so that he could help at any time.

Yuanhe Newspaper
The receptionist was a very pretty girl, who was serving Li Wendi. "Excuse me, sir, what is your name?"

"My last name is Li." Li Wendi looked at the girl at the front desk and smiled faintly, without any strangeness in his eyes.

"Hello, Mr. Li! Are you looking for someone or do you have business?" The girl smiled, which made people feel much happier.

“I want to place an ad, but I don’t know who to contact?”

"Then please follow me, I will take you to see the manager of the advertising department." The girl at the front desk came out immediately and led the way for Li Wendi.

Li Wendi thanked her and walked side by side with the girl, chatting with her at the same time, as if they were very familiar with each other.

Bang bang! !
There was a knock on the door and the person who was working hard looked up. Because the books on the table were stacked too high, Li Wendi could only see half of the face above the eyes. He felt familiar, as if he had seen him before, but unfortunately he couldn't remember the specific person.

"Manager He, Mr. Li wants to place an advertisement in our newspaper." The girl at the front desk explained.

"Okay, let Mr. Li wait for me, I'll be there soon." The female voice sounded even more familiar, causing Li Wendi to constantly scroll through his memories in his mind, trying to find this person.

"Mr. Li, please sit down for a while." The girl at the front desk invited Li Wendi to sit down on the sofa, then brought him a cup of tea and left the office.

Five minutes later, Li Wendi finally saw that face. A smile of realization emerged on his face. He said, "It turns out to be you, Miss He. No wonder the voice sounded familiar to me." "What a coincidence, Mr. Li! According to the report from the front desk just now, you are here to place an advertisement? What kind of advertisement do you want to place? How big a page do you need?" He Qijun did not exchange too many pleasantries, but instead devoted herself to her work.

Li Wendi naturally understood what He Qijun meant, so he said, "It's a sale advertisement for several stores. It doesn't need too much space, just follow the normal format. What's the approximate price?"

"There are also positions to choose from for advertising pages. A better one costs 5000 yuan a day, and a worse one costs 2000-4000 yuan a day. How many days do you plan to publish, Mr. Li?" He Qijun smiled faintly, and the dimple on the right side of her cheek made her even more adorable.

Li Wendi held up three fingers. "Three days! I want the best layout. But I hope the price can be lowered a bit, because I will come to you to publish next time. What do you think, Miss He?"

He Qijun lowered her head and thought, "Mr. Li needs a monthly subscription? Or some other method?"

Li Wendi laughed and said, "Where do I get so many shops that need monthly subscriptions? I want to place an ad in the newspaper for no less than 7 days every month, which can reduce the price to 3500 yuan a day."

Li Wendi has a good impression of He Qijun, but he will not give in when it comes to business negotiations. Besides, He Qijun may not be interested in him.

Li Wendi doesn't want to be a bootlicker. He makes so much money just to have more face.

He Qijun shook her head. "Even if it's a monthly subscription, the price won't be lower than 3800 yuan a day. Mr. Li only advertises seven days a month, so it's hard to lower the price. But we're friends, so I can give you a discount, 7 yuan a day."

Li Wendi hit back, "There are many newspapers in Hong Kong. I believe that newspapers with more sales than Yuanhe are not good. I can find better options for 5000 yuan a day."

Li Wendi's pressure was overwhelming, and He Qijun felt a little awkward. "How about reducing the price by another 200 yuan to 4500 yuan?"

Since He Qijun is willing to lower the price by a significant amount, there is an opportunity for Li Wendi to take advantage of. Li Wendi will certainly not miss it.

"I'll take a step back and offer 4000 yuan a day," Li Wendi said seriously.

Finally, the price was negotiated at 4300 yuan a day, and a contract was signed. Li Wendi must publish advertisements in Yuanhe Newspaper for more than 7 days each month, otherwise the advertising fee for that month would be settled at 5000 yuan a day.

"Ms. He, is Yuanhe Newspaper also your family's business?" Li Wendi was chatting with He Qijun.

Although there is a huge gap between the two families' identities and status, Li Wendi still has ideas in his heart. After all, his wealth is expanding rapidly, and one day he may be able to make up for the gap.

He Qijun nodded and said, "Yes, I'll come over to help take care of it for a while."

This reminded Li Wendi of the magazines from his previous life, such as Men's Health and YES!, which were enough to make a newspaper like Yuanhe take off, and it would not be a big problem for it to be on par with Oriental Daily.

However, Li Wendi and He Qijun do not have a very close relationship. It is impossible for Li Wendi to make such a big sacrifice just based on some goodwill.

"As far as I know, newspapers are not doing well either. Miss He, have you ever considered adding some people to the mix?" Li Wendi had no intention of setting up a newspaper, but the magazine in his mind could provide him with a lot of funds and achieve other goals.

Hearing this, He Qijun frowned. She had heard Zhao Wanying talk about Li Wendi's character, and knew that he was a very shrewd person. This made her very alert, and she was worried that she might have let a wolf into the house.

"I'm sorry, Mr. Li! Our family business is not considering financing for the time being." He Qijun flatly refused.

(End of this chapter)