Hong Kong Island's wealthy era

Chapter 27 The limelight was stolen
That afternoon, just as Taisheng Real Estate was preparing to announce that Lei Liquan had become the owner, a piece of news was announced first.

New World Development and Kai Tak Real Estate held a press conference to announce that New World Development spent 5200 million to acquire 50.00% of Kai Tak Real Estate's shares and became the largest shareholder of Kai Tak Real Estate.

At the same time, Zheng Yutong, chairman of the board of directors of New World Development, will become the new chairman of the board of directors of Kai Tak Real Estate. Wang Zengxiang, the original boss of Kai Tak Real Estate, took the money and left.

The stock market has been like a stagnant water in the past two years, half-dead, which made investors who had been holding Kai Tak Real Estate stocks instantly climax.

I didn't expect that Sha Dantong would come to take over now. Wouldn't it be possible to make money with him?
Zheng Yutong is well-known in Hong Kong. After the news was announced, Kai Tak Real Estate's shares rose before the market closed. As if afraid of missing something, investors rushed to buy Kai Tak Real Estate shares.

Originally, everyone was still waiting for the news that Lei Liquan would take over Tai Sheng Real Estate. Unexpectedly, Kai Tak Real Estate took the lead.

Lei Liquan didn't let everyone wait long. Lei Liquan and Xiang Zhiqiu held a press conference at 40.00 o'clock that night, announcing that Lei Liquan officially controlled Taisheng Real Estate, holding [-]% of the shares.

At the same time, Lei Liquan will also serve as the new chairman of the board of directors of Taisheng Real Estate. The former chairman, Mr. Xiang Zhiqiu, will hold 16.2% of the shares after the shares were diluted, becoming the company's second largest shareholder.

……

As soon as this news was announced, the stock market seemed to be in a state of excitement again as it was three years ago.

The main reason is that after two months of self-marketing, Lei Liquan has been dubbed the "Stock God" and the "King of Investment" among the general public in Hong Kong.There was a wave of 'blind obedience' and speculation among stock investors.

Investing in Taisheng Real Estate is equivalent to investing in Lei Liquan.

The most direct manifestation is that Taisheng Real Estate's stock rose sharply in response to the news. The stock price exceeded 3 Hong Kong dollars in one day and headed towards 4 Hong Kong dollars.

The current market value of Taisheng Real Estate is 2.4 million. At that time, Lei Liquan invested in Taisheng Real Estate with a total investment of less than [-] million. Now the market value of the [-]% shares he owns has exceeded [-] million.In other words, Lei Liquan has made a profit.

Lei Liquan smiled.Sure enough, investors are still strong.

Not only Lei Liquan was laughing, Xiang Zhiqiu was also laughing, but he didn't expect that he had successfully bargained for himself.This also provided an idea for him to distribute leaflets at the "Four Meetings" in the future to recommend the stocks of the companies he purchased.

The majority of stock investors also laughed, because everyone was looking for water.Classic theme hype.

Three days later, the heated minds of investors gradually calmed down, and Taisheng Real Estate's stock price stayed sideways at around HK$3.5.

About a week later, Taisheng Real Estate’s share price fell back to around 2.8 yuan.

Lei Liquan felt that this was abnormal. There must be institutions or speculators reducing their holdings in large quantities.Sure enough, Xiang Zhiqiu told Lei Liquan on the phone that he would reduce his holdings by 400 million shares through the open market, but he also said that he would not reduce his holdings to the maximum in the near future.

At the same time, it shows that there are still many investors who are optimistic about Lei Liquan.

Lei Liquan did not stop and led the team to officially take over Taisheng Real Estate and carry out digestion work.

……

January.

Ruixing Building.

The office of the chairman of Taisheng Real Estate is located on the [-]th floor.Lei Liquan was sitting on the executive chair in the chairman's office. There were three people sitting across from the executive table, namely General Manager Ye Li (the general manager of Xiang Zhiqiu era was retained), Financial Manager Wu Yuntian, and Vice President of the Company Lin Changming.

The first person to report is Ye Li.After several communications with Ye Li, Lei Liquan quite recognized his ability. Otherwise, he could stabilize the company and gradually develop it when Xiang Zhiqiu was not interested in running the company.It shows that he still has the ability, and he took the initiative to join Lei Liquan, which made Lei Liquan decide to keep Ye Li.

"Leisheng, the company currently lacks development projects. I suggest developing the Tsuen Wan land."

"Yeah", Lei Liquan didn't answer, he just said he understood.He looked at Wu Yuntian again and asked:

"Uncle Wu, please tell me about the current financial situation of the company." Lei Liquan called Uncle Wu directly in front of everyone to express their closeness.

"Leisheng, the company currently has a debt of 1000 million, and the monthly rent collection is about 200 million. After deducting bank interest, staff wages, and office expenses, there is basically no profit. Currently, it has 400 million in cash on the account."

Don’t be afraid of loans. After all, the company’s net worth is 2 million and its market value is 2.4 million.

This market value is huge. Currently, the net value of most public companies in the market is greater than the market value.

Thinking of this, Lei Liquan smiled, as if he was seeing a group of cute investors.So awesome!

At the meeting, Lei Liquan said: "The rising trend of real estate has become clear. Xiangjiang real estate will definitely surge in the second half of this year! I will persuade the bank to provide us with a new loan of 1000 million; plus the more than 400 million in cash in our account, It is enough for us to start developing the Tsuen Wan site. I will personally take charge of this matter and you, Director Ye, will be responsible for it. Construction must start soon."

Although Lei Liquan doesn't have enough experience at the construction site, he can learn and supervise the operations at the same time.

"No problem! The drawings of that building are all ready, and we will be able to organize the team to start work again soon."

Lei Liquan nodded and said: "Currently we have some rental properties. People in the leasing department must pay attention. Real estate prices will rise quickly, and rents will also skyrocket. Our properties are basically in Central, and we must find a strong company. , we must strictly guard against handbag companies and improve the image of our properties as a whole. If a large company comes to lease our properties, senior staff must negotiate the lease details. We may rebuild the property in the near future, and the lease term should not be too long.”

Lei Liquan made all the arrangements, Ye Li nodded secretly, this young boss is not simple!
"We should issue a new asset appraisal report next to stabilize the stock price. Mr. Lin will be responsible for this, with Uncle Wu assisting." After all, Lin Changming is also responsible for the development of Leiji.

"Remember that when the new asset report is released, the development of the Tsuen Wan project will be announced to the market at the same time to boost the stock price."

"Yes", everyone immediately took the order and left.

……

The Taigu Valley project under development will not see any money back until the [-]s. If Thunder Oriental Pictures hadn't given him some pocket money, Lei Liquan would have gone bankrupt.

Finding money has become Lei Liquan's top priority.

A week later, Taisheng Real Estate announced a new asset appraisal report. Taisheng Real Estate’s total assets were 2.2 million, liabilities were 1000 million, and net assets were 2.1 million.At the same time, it was announced that the Tsuen Wan project would be launched and a high-end residential area would be built.It is estimated that the future profit will reach more than 2 million (in 77, the fourth uncle bought the land for [-] million and made a profit of [-] million).

As soon as the news came out, the stock price of Taisheng Real Estate, which was trading sideways, rose sharply again. It broke through HK$3 again in less than two days, broke through HK$[-] in less than a week, and stopped at around HK$[-].

Lei Liquan made big moves as soon as he came up. Sure enough, he was right about the "King of Investment". Because of the popularity of Taisheng Real Estate, the entire real estate stocks in Xiangjiang rose.

The real estate industry in Xiangjiang is accelerating its recovery.

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(End of this chapter)