Hong Kong 1980: The Savage Era

Chapter 519-521 [Reorganization of Asia Certificate]

Repulse Bay Villa.

This was purchased by Dehe Real Estate Company for HK$90 million in 2600. Luo Qihong would occasionally come here to live as a way to relax as he saw the nice environment.

Now that Guan Jiahui and Li Jiaxin have discovered it, they seem to want to snatch it away. You know, single-family villas in Repulse Bay are already scarce nowadays, and this 1.8 square foot villa alone is already priced at HK$6000 million.

In the market, this kind of villa is still out of stock.

A large amount of mainland capital and overseas capital has poured into Hong Kong, causing various properties such as office buildings, shops, and residences to enter a period of rapid growth. Mainland capital in particular has become somewhat blind.

Luo Qihong guessed that the mainland would soon put a stop to this chaos. After all, it was harmful to the Hong Kong market, so the Hong Kong government would also adjust the real estate market and force the market to calm down.

As a real estate developer, Luo Qihong was somewhat frightened when he saw such a situation. Blind growth would only lead to a rapid collapse in the future.

"I can't give you this villa. If you are interested in the luxury houses in Wan Chai Huijing Pavilion, I can give you some." Luo Qihong said with a smirk.

"The Convention Center's Convention Center's Convention Center? How much did you get?"

"Brother Hong, I want it. She took away the Tung Ying Building in Tsim Sha Tsui before, and now she wants to compensate me first." Li Jiaxin hugged Luo Qihong's arm and started to act coquettishly.

Luo Qihong smiled and said, "Everyone has one. Uncle Tong plans to sell the 10th floor of Huijing Pavilion, a total of 158 units, with an average value of 576 million yuan per unit, which is very cost-effective."

"I want the 5th floor!" Guan Jiahui shouted excitedly, holding her big belly with her hands.

That is a luxury house in the Wan Chai Convention and Exhibition Center. It was originally owned by New World Development Company and was rarely sold. If it were put on the market now, people would definitely scramble for it.

According to Guan Jiahui's idea, even if the unit is sold at 800 million, home buyers will agree immediately.

158 residential units, each earning 200 million Hong Kong dollars, a total of 3 million Hong Kong dollars, which is still the minimum profit.

"I want the 10th floor, Brother Hong." Li Jiaxin said coquettishly, and did not forget to turn around and glance at Guan Jiahui provocatively.

The two are not only collaborators and sisters, but also competitors and rivals for favor.

Luo Qihong didn't have a headache, instead he said with a smile, "How greedy! The residences in the Convention and Exhibition Center are even more scarce than the luxury houses in the Mid-Levels. If you get one now, you can only rent it out first and sell it when the price has risen enough."

"Each of you will have 4 floors, and the remaining 2 floors depend on who performs better."

Li Jiaxin pursed her lips slightly, looked at Guan Jiahui's big belly, and said, "Someone is pregnant, and I am the only one who can play with Brother Hong, so of course it has to be given to me."

"Ah Hong, the baby in my belly is your daughter. It's not too much to give her the second floor as a gift, right?" Guan Jiahui rolled her eyes and said. She felt that Luo Qihong would not give both floors of the house to Li Jiaxin.

So the two women started arguing. Li Jiaxin was so angry that she wanted to swear, but she stopped in time because she knew that Luo Qihong hated women swearing the most.

Finally, Luo Qihong stopped him and said, "Ah Xin, if you are pregnant, I will give you one of the floors. When Uncle Tong sells off the exhibition center property in the future, I will take care of you first."

Li Jiaxin thought about it seriously and soon realized that this was a trap set by Luo Qihong on purpose, but she had no way to refuse because the offer was too much. "No, I want a 2-story residential unit," Li Jiaxin said.

Luo Qihong and Guan Jiahui exchanged glances, and the former smiled and said, "Okay, as long as you get pregnant, the remaining two floors will be given to you."

Guan Jiahui smiled and whispered in Luo Qihong's ear, "Remember my Repulse Bay Villa."

Li Jiaxin pursed her lips and felt that she had not suffered any loss. However, she still couldn't bear to see Guan Jiahui coming to compete for favor with her big belly, so she snatched one of Luo Qihong's arms and leaned her head on Luo Qihong's shoulder.

Zhaoan Group Office.

Dean Securities Investment Company already holds more than 75% of the shares of Asia Securities. It is impossible to hold this amount of shares for a long time. After all, it does not comply with Hong Kong's company law regulations, and Luo Qihong has no plans to privatize Asia Securities.

Zhaoan Group has helped Chinachem Group complete the agreement, and thus successfully acquired 25% of Asia Securities' shares from Chinachem Group, bringing its total shareholding to more than 75%.

In fact, Gong Xiuqin wanted to continue holding the shares of Asia Securities because Asia Securities would surely expand rapidly under Luo Qihong's hands, and the shares held would bring huge returns in the future.

It's a pity that Luo Qihong doesn't allow "others to snore beside his bed". Who knows when Gong Xiuqin will attack him? The two sides don't have much friendship.

亚洲证券公司的资产相当的丰厚，主要有亚洲货柜中心16.7%的权益、铜锣湾万国宝通中心大厦、港岛坚道20-22A号物业（22层高级住宅大厦）、上环永乐街广发行大厦（28层）、尖沙咀庇利金街富利商业大厦、浅水湾3幢别墅以及12套高级住宅单位等等。

In addition, Asia Securities also holds interests in companies such as Guanglian Enterprise's 16.6% stake, worth HK$11.6 billion, and a batch of HK$3.9 million in cash.

"I plan to sell a batch of shares invested by Dean Securities worth HK$3.5 million to Asia Securities and take away most of the cash on the books," Bai Jinyan suggested.

According to Bai Jinyan's plan, Dean Securities Investment will transfer profits to Asia Securities, helping Asia Securities to rapidly expand in size and even surpass Sun Hung Kai Securities to become the top securities investment company in Hong Kong.

"Well, we also need to sell the 16.7% stake in the Asia Container Terminal to Siu On Shipping Company, and use all the cash to buy red chip stocks. If you feel that the funds are not enough, you can consider selling some of the properties under Kwong Sang Hong, and use the cash to continue buying other stocks." said Luo Qihong.

Asia Securities Corporation has 2 commercial buildings, 1 shopping mall building and 1 high-end residential building as its main assets, and other scattered properties are not very important.

"Okay, I'll sell them at my discretion." Bai Jinyan nodded. The scattered properties of Guangshengxing Company are indeed not as important as the current securities and stock investments. Even if these properties have an annual increase of 40% to 50%, it is not as good as the doubling of securities and stocks.

"Once the transaction I just mentioned is completed, prepare to raise funds for the Asia Securities Rights Issue around October, raising HK$10 billion to sweep up the red and blue chip stocks in the market." Luo Qihong issued further orders.

As the flagship of Zhaoan Group in the securities investment field, Asia Securities must make great efforts to expand its business scale and can no longer act in a high-profile manner as before.

Today, the Zhaoan Group has five listed companies, the largest of which is Zhaoan Properties, with a total market value of more than HK$5 billion, which is much smaller than that of Cheung Kong Holdings and New World Development.

But this is only on the surface. The actual asset value of Zhaoan Group has exceeded HK$2000 billion, making it a leader among Hong Kong companies.

Bai Jinyan wrote it down in his notebook, and then asked, "The Asia Container Terminal is managed by Modern Terminals. Do you plan to let Zhaoan Shipping acquire the Asia Container Terminal?"

Luo Qihong shook his head. "The parent company of Modern Container Terminals is Modern Container Terminals, which is a wholly-owned subsidiary. There is no way to launch an acquisition. Moreover, Modern Container Terminals relies on those container terminals to occupy some of the port's shares. It will not cut off its own arm."

(End of this chapter)