Chapter 246 [Believe it or not]

The difficult 74 years have passed quietly, and the better 75 years have arrived.

After the New Year's Day holiday, the U.S. government announced policies that would be beneficial to economic investment, such as a substantial interest rate cut and the permission for technical "overselling". The economic environment began to improve significantly, and the Hong Kong stock market also began to bottom out and rebound. The Hang Seng Index has risen to around 163 points, which is 74 points higher than the Hang Seng Index of 12 points on December 10, 150.11.

Despite this, most investors still dare not believe the reality of the stock market recovery, but they stare at the stock market intently, hoping that the stock market will regain the heat of 72 and 73.

The first to rise in the stock market were blue-chip stocks, such as Jardine Matheson Holdings' share price rose 3%, and Swire Pacific's share price rose 2.8%. Although the increase was not large, it was encouraging. After all, the bear market has lasted for so long, and it is time for an increase.

Li Wendi naturally made a small profit, and his followers Wu Xiong and Zhang Yan also made some money.

Li Wendi came to the trading hall of HSBC. The number of stock investors here began to increase gradually. It was not as grand as in 73, but it was much better than the desertedness of the past few days. Many stock investors were paying attention to the stock price changes on the blackboard, because if they wanted to grasp the first-hand information, they had to rely on their own observation. As for the traders, they would not pay attention to them in time.

"Mr. Li, you are amazing. You have guessed correctly that the stock market will recover this year." Wu Xiong came over and started to flatter him.

Li Wendi smiled, without any modesty or arrogance, and asked, "How is the stock price of Dachang Real Estate Company?"

Li Wendi remembered that in his previous life, Swire Properties would take the lead in issuing 75 million new shares in January 1 in exchange for 280 million shares of Swire Development, a subsidiary of Dachang Real Estate Company. Then, these shares were transferred to Swire Properties. Swire Development issued 1050 million new shares to Swire Properties in exchange for 1210% of the shares of the first phase of Taikoo Dockyard development plan (later Taikoo Shing). As for Swire Development, it transferred the land in the eastern part of Aldrich Bay to Swire Properties at a low price.

This game of allotment, stock exchange and new stock issuance is very suitable for the development of strong enterprises. It can not only dilute the equity of shareholders, but also rapidly strengthen the strength of the enterprise.

In the 90s of his previous life, Liu Luanxiong used this trick to perfection, taking over the Chinese Estates Group and making his personal assets enter the top 20 richest list in Hong Kong.

Of course, Li Wendi has also played this game, such as Mingcheng Real Estate Company some time ago, issuing 500 million new shares to dilute Wu Lixing's shares and turning Mingcheng Real Estate Company into a subsidiary of Changxin Real Estate Company.

Swire Development is a company that has not yet been listed, so Li Wendi cannot interfere. However, Dachang Real Estate Company now controls Swire Development. Once new shares are issued, the control will naturally fall into the hands of Swire Properties. It will also be beneficial for Dachang Real Estate Company as its asset value will increase, and Swire Development will also be able to obtain good development opportunities.

Such an allocation plan is bound to cause the share price of Dachang Real Estate Company to rise. As for how much the increase will be, Li Wendi is not quite sure, but a mosquito is still meat, so he plans to make a small profit first.

"1.8 yuan per share! There has been some increase since January, but not much." Wu Xiong reported immediately.

Li Wendi said, "Please help me buy 500 million shares of Dachang Real Estate. It would be best if you can complete it within this week. If the stock price rises sharply during the process, stop immediately."

Li Wendi was still worried that time was running out and there was no need to rush to buy at a high price.

Wu Xiong didn't say much. He thought Li Wendi must have received some information from some source, otherwise he wouldn't have made such a large purchase.

After finishing the explanation, Li Wendi did not stay in HSBC for too long and left.

Li Wendi was very clear that driven by a series of acquisitions by Jardine Matheson and Jardine Matheson, there would inevitably be a wave of acquisitions in Hong Kong.

No boss of a company can resist the ambition to expand actively. Now is a great opportunity. If someone takes the lead, of course he will follow suit and take a bite of the cake.

Wednesday, December 75, 1

Taikoo and Dachang Real Estate jointly announced a share swap plan. Dachang Real Estate Chairman Chen Detai said that such a plan would be beneficial to the development and growth of Taikoo Chang Development Company and was a win-win solution.
In fact, Swire Properties did not have the strength and experience to develop land. Even Swire Properties was a new company that had been established not long ago and was not as good as Changxin Real Estate Company. It just wanted to use the power of Dachang Real Estate Company to complete this huge plan. Once Swire Chang Development and Swire Properties had the ability to develop land independently, they would inevitably kick Dachang Real Estate Company out. After all, no one wanted to share huge profits with others.

As soon as the news came out, the share price of Dachang Real Estate Company began to rise slightly (the stock market activity was still not high), from 1.8 yuan to 2 yuan, an increase of only 11%. In a bull market environment, an increase of 20% would be small.

Li Wendi was very happy. He earned 100 million yuan in such a short period of time, which was enough to buy two shops. What was more important was that the share price of Dachang Real Estate would continue to rise.

These good news were spread crazily by major newspapers, and some tabloids even said that this was a sign of a stock market recovery. Large companies began to take action and called on all investors to enter the stock market.

Some blind investors were naturally instigated and became excited. They waited in the stock market every day, but they dared not take action.

Changxin Real Estate Company
Li Wendi received news: Hutchison Group boss Willis has completed the cleanup of the company and is now vigorously dealing with the company's debt problems. He plans to sell some of its subsidiaries to restructure the company's debt structure.

Upon hearing the name of the shipping investment company, Li Wendi immediately fell silent. This was a small-scale shipping company with dozens of tons of ships under its umbrella, all of which were small cargo ships and small steamers. Naturally, the business was not very good, otherwise Wells would not have sold it.

However, the shipping business is booming nowadays, and Li Wendi believes that there is still profit to be made. Even if there is no considerable profit, he can take the opportunity to sell the company without suffering any loss.

Moreover, Li Wendi also wants to take the opportunity to enter the shipping industry, perhaps he can achieve something.

According to my memory from my previous life, the shipping industry would enter a cold winter season in the early 80s, which means that the shipping industry still had 6 years of profitability.

If the shipping industry can provide some funds for real estate companies, Li Wendi thinks it is a great thing and can add bricks and tiles to his empire.

So, Li Wendi took action immediately, made an appointment with Wells by phone, and explained directly that it was about the shipping investment company.

When he saw Wells, Li Wendi started to exchange pleasantries, even though the two didn't have much of a relationship.

"Mr. Li, this is the information of the shipping investment company. Take a look first." Wei Lisi knew that Li Wendi was a shrewd businessman, so he wanted to use some actual data to gain greater benefits. "Make an offer after you have read it. Let's make it clear first, it cannot be less than 1500 million."

Li Wendi did not respond, but flipped through the documents and started reading. He had been at a disadvantage in the negotiation since the very beginning of the call, and now he needed some time to ease the situation, which would be more beneficial to him.

Ten minutes later, Li Wendi smiled and said, "The Shipping Investment Company only has 80 tons of ship assets, most of which are small ships, and they are second-hand. Although it has investments in other shipping companies, they are all small amounts. The only thing that can be praised is the list of customers in the Shipping Investment Company's hands."

Wei Lisi sneered and said, "Mr. Li is indeed a leader in the real estate industry. He even knows about shipping companies. An 80-ton ship has a high market value. Even if it is sold as scrap metal, it can still fetch several million."

"Mr. Wells is telling the truth, but the reserve price of 1500 million is a bit high. Many of the orders from the Shipping Investment Company were signed before 73. Now the price of oil has increased several times. I'm afraid these orders will result in some losses. I must take these factors into account." Li Wendi responded with a sullen face.

The price of second-hand ships is indeed cheap, but their fuel consumption is also much higher than that of new ships. If this continues for a long time, all the money saved will be used to increase costs.

"Mr. Li, to be honest, yours is not the only company that discussed the sale of the shipping investment company with me. I only offered 1500 million because we are friends. If you are really unwilling to pay this price, then this matter will be dropped." said Wells.

Li Wendi was speechless. Wells was obviously trying to scare people. There would be competitors for the shipping investment company, but Li Wendi was sure that no one would dare to bid 1500 million. "Mr. Wells, I have to say you are a smart man. 1500 million is not a bad price. I hope you can offer some discounts on other properties." Li Wendi was very proficient in the tactic of "adding weight".

Wei Lisi pondered for a moment. As long as he could sell the shipping investment company at a high price and make some profit, the other properties could be sold at a lower price. "Which properties does Mr. Li have his eyes on?"

"I heard that Hutchison Group has several small plots of land in Causeway Bay, and my Cheung Kong Properties is very interested in it." Li Wendi said that it is difficult to acquire large plots of land in Causeway Bay, but small amounts can add up to a lot.

Not all the land in Causeway Bay is of prime quality, but the land owned by Hutchison Group near Sharp Street West is part of the prime planning area of ​​Causeway Bay and is one of the Hutchison Group’s premium assets.

"Mr. Li has a really good eye. He immediately set his eyes on the good land in Causeway Bay." Willis shook his head and said, "I'm sorry to disappoint Mr. Li. This is one of the properties of the group that are not for sale. Mr. Li should choose other properties."

"Well, if that's the case, then the warehouse in Sheung Wan is not for sale, right?" Li Wendi smiled ambiguously.

Wells' heart skipped a beat. He felt that Li Wendi's target was not the land in Causeway Bay, but the warehouse in Sheung Wan. It was certainly not a high-quality property, but it also had certain potential. It was close to Central and might be another Wan Chai.

"Mr. Wells, Sheung Wan can't become the next Wan Chai, there are warehouses everywhere." Li Wendi said a lot of bad things about Sheung Wan, and analyzed to Wells why Sheung Wan can't become the next Wan Chai. "I am willing to bid 120 million per warehouse and help Hutchison Group take over all the warehouses in Sheung Wan. What do you think, Mr. Wells?"

In fact, Hutchison Group does not have many warehouse properties in Sheung Wan, only four, which were used to store the company's goods in the 4s. They have been abandoned for quite some time and it is unknown when there will be sufficient funds for development.

Wells knew that he was not as good as Li Wendi in the real estate business, so he thought that it would be very profitable for Li Wendi to take over the Sheung Wan warehouse. However, Li Wendi's analysis was also reasonable. The chance of Sheung Wan becoming the next Wan Chai was a little slim.

"Since Sheung Wan's location is not good, why does Mr. Li want to get it?" asked Wells. He knew that Li Wendi might not tell the truth.

"Of course I will sell it and make a fortune! Mr. Willis, you don't think you are the only one who thinks this way, do you?" Li Wendi laughed, "If others think so and think that the warehouse in Sheung Wan is profitable, then I will make a fortune."

"The reason I told Mr. Wells is that Hutchison Group doesn't have much time to wait for the city to recover. It will take me at least two years to recover to the peak period in 73. Can Hutchison Group wait for two years for millions of dollars in profit?"

The situation of Hutchison Group is not good and it urgently needs to change its current dire predicament, otherwise HSBC's assistance will be thrown into the sea.

Wei Lisi smiled and said, "No wonder Mr. Li explained it so generously. It turns out that it was premeditated."

Li Wendi said, "People who do business are always calculating! Then let's have a happy cooperation?!"

"It's a pleasure working with you!" Wells stretched out his hand and shook hands with Li Wendi.

A few million in funds from the Sheung Wan warehouse will not have much impact on the huge Hutchison Group, but a few million here and a few million there can raise tens of millions of funds. Moreover, the Hutchison Group has a lot of high-quality assets, so it can only choose to sell some slightly less high-quality assets in order to buy a breathing space.

In just two hours, Li Wendi spent another 2000 million yuan.

Both parties were very nervous about the signing of the contract, so they signed it at a law firm in Central the next morning.

Changxin Real Estate Company
Zhang Yan brought an unexpected guest to Li Wendi - Zhan Peizhong, the founder of Yingzhong Securities.

It took Li Wendi several minutes to think of this name.

Maybe this name is unfamiliar, but when talking about Hong Kong's biggest liar Chen Songqing, we must mention Zhan Peizhong, because Chen Songqing's first listed company was successfully acquired through Zhan Peizhong. Zhan Peizhong is Chen Songqing's exclusive banker.

This person has good luck, but those who make friends with him will have bad luck. Both Huang Chuangbao from Baoguang Company and Li Fuzhao from the stock exchange were "taken down" by this guy. Li Fuzhao went to jail and Huang Chuangbao lost all his wealth.

Although these things are a bit superstitious, Li Wendi thinks that "it is better to believe it than not to believe it". After all, there is more than just securities broker like James Chan in Hong Kong.

"Wendy, let me introduce you. This is Mr. Zhan Peizhong, the founder of Yingzhong Securities. He is very professional in the securities field. I have asked him to handle some stocks and other things for me." Zhang Yan said with a smile.

Li Wendi shook hands with Zhan Peizhong with a gentle expression, "Please sit down, Mr. Zhan!"

"Thank you!" Zhan Peizhong sat down on the independent sofa with a respectful look on his face. Although Li Wendi is young, he is very famous.

"Mr. Zhan, what's the matter with you coming here today?" Li Wendi asked directly without even saying a few words of greeting.

Zhan Peizhong looked embarrassed, glanced at Zhang Yan, and smiled, "Mr. Li, you are a big shot in the real estate and stock markets, so I wanted to come to you to ask for advice on some things in the stock market."

Li Wendi guessed that this guy wanted to make himself familiar with the man so that he could get some business from him in the future, and Zhang Yan must have been deliberately established with him.

Zhang Yan is also a scoundrel who can't even see this. However, Li Wendi also has a problem with Zhan Peizhong because he knows about the things in his previous life. Otherwise, he would have given Zhan Peizhong some business for Zhang Yan's sake.

An hour later, Zhan Peizhong left and Zhang Yan stayed.

Li Wendi said with a gloomy face, "From now on, stay away from this guy Zhan Peizhong."

Zhang Yan asked in confusion, "Why? Is there something wrong with Mr. Zhan?"

"Is it really okay for him to let you bring him up to my office?" Li Wendi said.

"He didn't mention coming up to your office. I was the one who suggested bringing him here."

"Since you believe in him so much, then continue to believe in him. Just don't come to me crying if anything happens." Li Wendi said speechlessly.

Zhang Yan didn’t know what to say for a moment. Li Wendi was angry, angry for no apparent reason. Did Zhan Peizhong have a big problem?

In fact, the reason why Li Wendi is so wary of Zhan Peizhong is not because Zhan Peizhong is unlucky, but because he is about to meet Chen Songqing, the biggest liar in Hong Kong. Zhang Yan is just a child in front of them. If he falls into someone else's trap, his life will be over.

(End of this chapter)