Hong Kong variety show: The tycoon who emerged from Portland Street

Two days later, Chen Mo went to Robinson's office again, and coincidentally, Chen Taotao was there as well.

"Old Sun, have you finished buying stocks at the bottom?"

The market capitalization of Hong Kong stocks is much smaller than that of US stocks, so Chen Mo's entry of 15 billion yuan into the market naturally needs to be done with caution, otherwise it could easily cause too much volatility.

"It's all sorted out, thanks to Taotao."

Within just a few days, Robinson Crusoe had completely accepted Chen Taotao as a young man.

Although he is a veteran in the business world and his assets at his peak amounted to over a billion yuan, his abilities may not be much better than those of Chen Taotao, the former vice president of Tongbao Bank.

Chen Taotao did not take credit: "Mr. Sun, you flatter me. I didn't do much. It was all thanks to Mr. Sun's experience."

Seeing that the two could get along well, Chen Mo was relieved.

"Taotao, I've already sent people to investigate those five crabs. I reckon you'll be able to get your revenge soon."

What are you going to do then? Shoot them, or drag them to be used for land reclamation?

Chen Mo's words left Chen Taotao momentarily speechless.

He had only intended to bankrupt Ting Hai through stocks, never thinking about how to kill them.

Recalling Fang Ting's appearance in his mind, and the tragic scene of her being thrown off the building by Ding Xie's sons, Chen Taotao felt a surge of hatred.

"I want to throw them off the roof and kill them myself!"

Chen Mo nodded. "Treating them in the same way is acceptable."

"I'll have someone make arrangements, and I'll let you know once the person is caught."

Robinson Crusoe listened from the side, sighed softly, and said nothing.

Although he didn't want Chen Taotao to harbor too much resentment, he thought of his own hatred for Liu Yaozu back then, and gave up the idea of ​​trying to persuade him.

After telling Chen Taotao about the five crabs, Chen Mo looked at Robinson Crusoe and asked about the important matter.

"Old Sun, how's the investigation into the listed real estate company going? Have you found a target yet?"

Upon hearing Chen Mo ask this, Robinson immediately got up, went to his desk, took out a document, and handed it to Chen Mo.

"I've found a goal, and it seems pretty suitable now."

Chen Mo reached out and took the documents, casually asking, "Which company?"

Robinson smiled and pointed upwards, saying, "Longfa Real Estate. This office building we're in now belongs to them; their offices are on the top three floors."

Chen Taotao joked, "That's convenient. Not only will we not have to move after the acquisition, but we'll also save on rent."

Chen Mo opened the documents from Robinson Crusoe and paused for a moment when he saw the shareholder information of Longfa Real Estate.

"Wang Baiwan? Tang Judy?"

"This company was built from scratch by the couple, and now it has a market value of about 30 billion."

In fact, their net worth is about 4 billion. In addition to this Grade A office building worth 300 million, they also have a piece of land in Tsim Sha Tsui, which is now worth about 1 billion.

In addition, they also own land in Tuen Mun and Yuen Long, which is quite valuable.

Adding to that the several projects they're currently undertaking, their net worth definitely exceeds 35 billion.

After reviewing the materials, Chen Mo found that Robinson Crusoe was indeed right.

Moreover, although Wang Baiwan and Tang Judy are the major shareholders of this company, they only hold 35% of the shares, which is not a high percentage.

But then I thought about it again. The couple started from scratch and built such a large real estate company in just over a decade. They must have needed a lot of external investment. It's already pretty good that they can still keep 35% of the shares.

With a market capitalization lower than net assets and a dispersed shareholding structure, it's perfect for an acquisition.

Chen Mo thought for a moment and said, "Old Sun, find a professional accountant. I'll also arrange for a lawyer to come over as soon as possible. You two should thoroughly check the assets of Longfa Real Estate to make sure there are no mistakes or omissions."

"I understand. I've already contacted the accountant, and they'll be here in the next few days."

Chen Mo nodded and looked at Chen Taotao: "Taotao, in the next few days, could you first set up a strategy in the stock market, suppressing their stock prices while also finding a way to deplete their cash reserves? Can you do that?"

Chen Taotao considered it for a moment, then nodded and said, "It's difficult, but I can give it a try."

To deplete their cash reserves, you need to create the illusion of competing with them for chips, thus inducing the market maker to accumulate more chips.

The accumulation of shares by major shareholders can easily lead to a rise in stock price, making Chen Mo's request very difficult.

This is a delicate task, and even with Chen Taotao's skills, it's not so easy to do it perfectly.

However, Chen Taotao is willing to accept this challenge.

Just as Chen Mo was about to leave, he suddenly remembered what Joyce had said that the Jundu Hotel had not yet opened.

"Old Sun, do you know the current situation of the Cointreau Hotel? I heard it hasn't opened for the past few months?"

Robinson Crusoe sighed softly, "I actually know a little about this."

"My old friend is also unlucky."

After the jewelry exhibition that night, the hotel was riddled with bullet holes from the gunfight, and the renovations were almost completely destroyed. The bomb planted by the robbers on the first floor detonated, causing minor structural damage to the entire building.

In addition, the jewelry on display that day was lost at the hotel, and the police spent nearly half a month just investigating and collecting evidence.

Normally, after the police investigation and evidence collection are completed, it takes two months to repair the hotel structure and then renovate it. As long as it passes the structural safety inspection, it can reopen.

Chen Mo suddenly realized: "No wonder, it seems the opening will still be a while away."

"It's not that simple!" Robinson shook his head. "It's unlikely we'll be able to open this year."

"What's going on?" Chen Mo asked, even more curious.

"Because of the jewelry loss, many hostages died that day. The police chief of Tsim Sha Tsui was implicated and punished. Now he is blocking the hotel from passing security and fire safety inspections, so the hotel cannot open at all."

"That bad?" Chen Mo exclaimed in surprise.

"And it gets even worse! The insurance company refused to pay compensation on the grounds of 'negligence of hotel security,' and his bank loan was prematurely withdrawn due to the stock market crash."

My old friend is almost bankrupt now.

Hearing Robinson's suggestion, Chen Mo quickly considered the options: "Old Sun, what do you think about us buying the hotel from your old friend?"

The Cointreau Hotel is a five-star hotel in a good location in Tsim Sha Tsui, and its profitability is not weak if it is operated normally.

Isn't this the perfect opportunity to snag a bargain?

As for security and fire safety inspections, with Fatty Huang around, it's no problem at all for Chen Mo!

Moreover, once Chen Mo becomes the owner of Jundu Hotel, he might be able to use some means to get the insurance company's compensation back.

You can get a sum of money for free.

Robinson frowned and pondered for a moment before saying, "Buying a hotel is an option. However, our group's businesses are already somewhat diversified, and we're afraid we won't be able to manage another hotel well!"

"It's alright, we can just poach a senior executive from another hotel."

Chen Mo had long planned to address the issue of industrial fragmentation.