86_86133One day in early May, Li Huawen and Li Huahu made an appointment to come to Li Hualong's house for dinner, this time, they did not bring their families, before going out, they told their family that they would stay at Li Hualong's house for the night tonight.

After dinner, the three brothers went to the study on the first floor, sipping red wine and talking loudly.

Li Huahu said: "Big brother, third brother, if Hong Kong's housing prices hadn't fallen sharply in the past few months, the boss of Mingde Bank wouldn't have gone bankrupt, right?" ”

Li Hualong said lightly: "Engaging in real estate with a speculative mentality, even if there is no banking crisis this year, such real estate developers will inevitably not break their wings in the future crises one after another." If the bank does not control the risks, it is only a matter of time before it goes bankrupt, and the larger the bank, the more people will suffer. ”

Li Huawen joked with a smile: "Do you think everyone has the same investment vision as you?" ”

"It's not a matter of good or bad vision, no matter what business you do, you have to be risk-aware." The corners of Li Hualong's mouth rose, and a smug smile flowed, "I'll summarize one sentence now." ”

"Don't sell it, just say it." Li Huawen smiled with a little curiosity.

"When others are afraid, I am mad; When others are crazy, I am afraid. ”

"When others are afraid, I am mad; When others are crazy, I am afraid ......" Li Huahu learned to mutter, looked at Li Hualong with admiration, and said with a smile, "Third brother, this sentence is too reasonable." ”

"Sounds like it makes sense!" Li Huawen smiled, and after a while, his tone changed, "However, it's not all right, right?" ”

"I didn't just say that. No matter what business you do, you have to be risk-conscious, others are afraid, and I'm crazy. The risks are significant, and the risk is proportional to the return on investment. Li Hualong smiled, took a sip of red wine, and tasted it carefully, "I can now taste the quality of red wine." ”

"Really?" Li Huahu said curiously, "Expensive red wine, cheap red wine." Can you tell if you take a bite? ”

"Is this a wine tasting?" Li Hualong said with a smile. "A red wine with a full score of 100 points, tasting the difference between 91 points and 92 points, is considered a skill."

"That's too mysterious...... I just can't understand it. Li Huahu shook his head with a smile and took a sip of wine. What vintage is this red wine? ”

"1959."

"It's not been a few years."

"The maturity level is not enough, it will be better to leave it for a few years. In the years leading up to 1959, Bordeaux wines were not very good vintages. Li Hualong smiled.

Li Huawen picked up the empty wine bottle, looked at the label, and said with a smile: "au_ (Château Lafite), the red wine of the first-class château in Bordeaux, France, is a good thing." ”

"Big brother, look at the sign and see good things. Didn't get out of the product? Li Huahu joked with a smile.

"It didn't come out completely. I thought it was a au_ from the 1945 vintage, but I didn't expect the 1959 vintage to be so good. ”

"I'm not as elegant as you, and I'll drink good wine. What a waste. Li Huahu smiled and shook his head.

"That's all for today, I'll prepare you a normal red wine next time." Li Hualong said with a smile.

"No, I can't. Although my mouth can't produce good things, my stomach knows it! ”

Li Hualong and Li Huawen looked at each other and smiled, touched the glass, and drank the little red wine left in the cup.

After drinking the red wine in the cup, Li Huawen sighed: "Ah Long." I just listened to you at the beginning. ”

Li Hualong was puzzled: "What are you listening to?" ”

"Sell the property and cash out." Li Huawen smiled bitterly, "Now Jiu'an Company still owes the bank a lot of money. ”

"Big brother. You're not going to lose equity, are you? Li Huahu quipped.

"It's not such an exaggeration, and it's quite unpleasant to see the market value of the property I hold shrinking." Li Huawen sighed lightly.

"Big brother, you can be content. Compared to the bank run in recent months, which has affected the real estate industry, many property companies in Hong Kong have gone bankrupt, and you are in a good situation. Li Hualong smiled, "Besides, now that the real estate market is at a historical low, as long as you don't sell the property, there will always be a chance to rise in the future." ”

"How long do you think it will take for Hong Kong house prices to recover to the prices at the end of last year?" Li Huawen asked curiously.

"It's hard to say, maybe another year, maybe three years, or even longer." Li Hualong said lightly, "In the case of market uncertainty, focus on reducing the debt ratio, which can reduce risks." ”

"If it really takes three years, or more, you're in trouble." Li Huawen said.

"Big brother, don't worry about me, even if the property market in Hong Kong is sluggish in the next few years, I will not lose money when I develop the naval dock plot. In the long run, you can definitely make a lot of profits! Li Hualong said confidently.

"I hope so!" Li Huawen smiled, "I am also happy that you can make money." ”

"Third brother, I remember you said that the Navy Dockyard plot will be split up and divided into multiple projects, how are you preparing?" Li Huahu asked.

"I have a little clue, but this matter is in a hurry, and I can't sell it at a good price until the real estate market recovers. I have developed a few projects that I have developed as a sole proprietorship, and I will move first and tell the outside world that I am optimistic about this project. Li Hualong paused and continued, "I plan to restructure my assets. ”

"Asset restructuring?" Li Huawen looked at Li Hualong with a little curiosity, "How to reorganize?" ”

"InterContinental will be listed...... First of all, the Intercontinental Hotels Group will be spun off, the trademark of Mandarin Oriental Hotel, and the management of the hotel will be sold to Times Land, it is estimated that the announcement of this news, the stock price of Times Land will rise a little, and I plan to sell some shares at that time. Big brother, how about getting the Holiday Inn on the market next year? ”

"You are the controlling shareholder, whether you are listed or not, you have the idea."

"Then it's decided, our brothers just need to hold no less than 51 percent of the shares, and we need absolute control."

Li Hualong thought of all the "asset restructuring" in his heart. It's not just as simple as listing its companies, he also wants to take out the shares of listed companies and exchange them for shares of some companies with development potential. In the beginning, he only needs to get a seat on the board of these companies, which will help him in the long run.

In 1968, when Hong Kong riots broke out, Hong Kong's economy fell into crisis, and many wealthy people chose to flee Hong Kong. Li Hualong will take out real money and increase his holdings of those companies with development potential at a very low price. Eventually, these companies are held.

Li Hualong now hopes to hold more than ten companies, if his wish is realized, really control these enterprises, then. He will become the uncrowned king of Hong Kong, and when the first global oil crisis comes, he will go out into the world and create a business myth that belongs to him.

"Why does Holiday Inn have to be absolutely dominant?" Li Huahu asked puzzledly, "Times Land Company is listed, and you don't have absolute control over the shares you hold. ”

"That's it, it's not absolute." Li Hualong smiled and explained, "If the stock price is overvalued, it doesn't hurt to sell more." Even if you hold 40% of the shares, you may not lose your controlling interest. Truth be told, someone paid a premium for a Holiday Inn. I would not hesitate to sell all my shares. ”

"Third brother, the company you created by yourself was sold like this, are you willing to do it?" Li Huahu asked with a smile.

"Willing!" Li Hualong smiled, "Big brother, are you willing to sell?" ”

"I hadn't thought about it before. Just heard this kind of question. I feel reluctant to sell, after all, I have an emotion for the company I created. ”

Li Huawen paused. smiled: "I haven't drunk it yet, let's open another bottle." ”

"Okay, then you drink more." Li Hualong stood up.

This time, Li Hualong opened a bottle of au_ from 1945, which has been produced for more than 20 years, and has a high degree of maturity and does not need to be decanted for too long.

When Li Hualong opened the wine, Li Huawen continued: "Think about it carefully, as a businessman, business is buying and selling, buyers can really afford the price, and the Holiday Inn can be sold, but if you count the mental damage fee, hehe, after all, it feels bad to lose the business you created!" ”

"I mean about that." Li Hualong said with a smile, he opened the wine bottle, poured the red wine into the decanting bottle, and said while pouring, "Buying and selling a hotel mainly depends on the price." As long as you have sufficient funds, you can invest in building better hotels in better locations. ”

"I haven't thought about this kind of question before, and I think what you're saying makes a lot of sense." Li Huahu smiled and asked again, "Third brother, you are not the absolute controlling shareholder of Times Land now, as the chairman of the board, will it get in the way of doing things?" ”

"It's fine." Li Hualong smiled faintly.

"If you harm the interests of other shareholders, you, the chairman of the board, will be removed?" Li Huahu said with a smile.

"Isn't this nonsense?" Li Hualong rolled his eyes and said.

"By the way, I heard that the chairman of a listed company has a very high salary." Li Huahu asked curiously, "How much salary do you get from Times Land?" ”

"I get 100 Hong Kong dollars a month, no bonus, a symbolic salary."

"Even if you don't often go to work at Times Land, you shouldn't get such a low salary, right?" Li Huahu was puzzled, why did he refuse if he thought he could get a high salary.

"That's what I asked for. If I take one less cent, Times Land will have one more profit, and the higher the profit, it can push up the stock price, which is a good thing for me who wants to sell the stock at a high price to cash out. Li Hualong explained simply.

"That's right." Li Huahu muttered.

"If you think about it, there are a lot of benefits to going public." Li Huawen also muttered.

Li Hualong poured the whole bottle of red wine into the decanting bottle, Li Huawen was a little anxious, picked up the decanting bottle, poured half a glass of red wine into his wine glass, slowly shook the red wine in the glass, and lowered his head to smell the aroma of the wine.

"Of course, there are many benefits, you can increase stock financing and expand the scale of the company." Li Huahu smiled, "Big brother, are you going to let Jiuan Group go public?" ”

"I have this idea, but within two or three years, I will not let Jiuan Group go public. Hehe, let's take a look at the benefits that several companies under Aaron have gone public. If the pros outweigh the disadvantages, then I will definitely let Jiuan Group go public. ”

"You're so slippery." Li Huahu quipped.

"What is my little cleverness, Ah Long is just slippery!" Li Huawen smiled heartily.

"I am a great wisdom." Li Hualong said with a smile, stretched out his hand to pick up the decanting bottle, first poured wine for Li Huahu, and then poured wine for himself.

At this time, Li Huawen took a sip and said with a smile: "I feel that this bottle of wine is not the same as just now." ”

"Which bottle is better?" Li Hualong asked.

"Uh......" Li Huawen pondered for a moment and took another sip, "If this bottle of wine is left for a while and sobered up, it will taste better." au_ in 1945? ”

"You guessed it." Li Huahu picked up the wine bottle and looked at it, said with a smile, he took a sip of red wine, "I feel that the taste is almost the same, there is no difference." ”

"You're not there yet." Li Huawen said with a smile, just now, he saw the trademark of this bottle of wine and knew that it was au_, but he didn't see the vintage.

"Big brother, third brother, you are so good at wine tasting, and now you are considered a nobleman?" Li Huahu quipped.

"It takes three generations to cultivate a nobleman." Li Huawen smiled faintly.

"I don't think it takes three generations." Li Huahu smiled and said, "Globally, Chinese families who are richer than our Li family almost don't have zài, right?" ”

"You don't have to be rich to become a nobleman." Li Huawen shook his head, "During the first industrial revolution, many British capitalists made a fortune, and in the eyes of the traditional aristocracy, they were nouveau riche. ”

"And now?" Li Huahu asked with a smile.

"Now...... Even the emperor has to bend his knees in front of money. Li Huawen smiled heartily and took a big sip of red wine, "Ah Long, you want to think of more ideas to make money, so that our Li family will become the richest family in the world as soon as possible." ”

"I'll try." Li Hualong smiled indifferently.

"Won't it?" Li Huahu was surprised, "Big brother, third brother, your ideals are so ambitious?" ”

Li Hualong and Li Huawen looked at each other and smiled, neither of them answered, touched the cup lightly, and drank the red wine in the cup.

"I don't take you like that." Li Huahu said depressedly, "Clink glasses and drink, leave me ......"

"To the bar." Li Huawen interrupted with a smile, "I'll have a drink with you." ”

"If it weren't for the fact that you were older than me, I wouldn't have bothered to take care of you." Li Huahu smiled, picked up the decanting bottle, poured wine for Li Hualong and Li Huawen, and poured most of the glasses, "It's dry in one gulp." ”

"Nobles don't drink like that." Li Huawen rolled his eyes and said.

"Okay, I'll follow your example." Li Huahu quipped.

Half an hour later, the three brothers finished drinking another bottle of red wine.

Li Hualong was a little sleepy, yawned, and said, "It's not early, let's go back to the house and sleep." ”

"Ha, I'm sleepy too." Li Huahu yawned, "I drank a little wine, I was slightly drunk, I felt so good, I could sleep well tonight." ”

"That's all for today, and in the future, our three brothers will often get together like this." Li Huawen stood up.

Li Hualong also stood up and said, "Help me take these wine glasses and bottles to the living room." ”

"Big brother, don't you let the maid into this study?" Li Huahu asked with a smile, "Is there a secret here?" ”

"The maid will go into the study to clean, but there is a regular time, and it will be cleaned every few days. As for the secret, I don't tell you. ”

"Then next time, I sneak in, maybe I can find out your secret." Li Huahu joked.

The three brothers brought the glasses and bottles to the coffee table in the living room, and then they went upstairs to the house to sleep. (To be continued).