At around 10 a.m. on February 20, Mr. Lee sat at the negotiating table with Mr. Zhou Xinian, chairman of thedairy farmpany, and signed an agreement to exchange 20 percent of InterContinental Hotels Limited for a 30 percent stake in Dairy Farm Limited.

As early as 1949, Li Hualong formulated the "Outline of Time to Make Money," wrote down on paper what ways he remembered to make money in the next 60 years or so, and wrote down how much profit he could probably make from these investments.

At that time, Li Hualong wrote down on a piece of paper the "Zhidi Drinking Milk" incident, he did not remember the specific time when it happened, but he vaguely remembered that it happened from the end of 1972 to the beginning of 1973, and he thought of taking advantage of this opportunity to buy and sell the shares of the dairy company to make a profit.

As Mr. Lee's assets have grown and increased dramatically, some of his ideas have changed dramatically.

Today, Li Hualong is the richest man in Hong Kong, as long as the shareholders of Hongkong Land are willing, he is safe and capable of buying Hongkong Land at market price, but he is not ready to do anything, he has never publicly expressed the idea of acquiring Hongkong Land, he does not want to break out too fierce conflict with Hong Kong's Yingzi enterprises for the time being, and is even willing to cooperate with British-funded enterprises.

Li Hualong knew that if he bought British-funded enterprises in a too radical way at this time, he was very likely to have a bad relationship with all British-funded enterprises in Hong Kong, and if his opponent made a bad move behind his back, he was likely to be suppressed by the Hong Kong government, which was a situation he did not want to see.

Li Hualong had already planned that in order to "make money," he would be a "hidden dragon" for a period of time, not only not to confront the Hong Kong government, but also to actively handle relations with the Hong Kong government. Only then can he safely use commercial means to acquire British-funded enterprises.

Of course, Li Hualong will try to avoid using too drastic means to acquire British-funded enterprises, after all, the twisted melon is not sweet, and he has too many means to make money, and he doesn't want to do too many hateful things.

Hongkong Land acquired the Dairy Farm Company because it owns pastures in Pok Fu Lam, the eastern foothills of Lantau Island, and ice factories in places such as Causeway Bay and Kwun Tong, which have a large area of real estate opening value.

As housing prices continue to rise in Hong Kong. The market value of land and properties owned by dairy companies will rise significantly.

Before, Li Hualong thought that before the acquisition of the Dairy Company by the Hong Kong Land Company, he bought a large number of shares of the Dairy Farm Company at a lower price, and when the news of the acquisition of the Dairy Company by the Hong Kong Land Company was announced, and the stock price of the Dairy Farm Company rose sharply, he sold the shares of the Dairy Farm Company to cash out, bought low and sold high, and bought and sold with a hammer.

At the beginning of his rebirth, Li Hualong underestimated the speed at which he could accumulate wealth. The idea of making quick money has been a lot of thoughts, but now, he is fully capable of buying the dairy company, a wholly-owned dairy company. It was not a difficult task for him, and he began to think about the future of his own sole proprietorship of the land owned by the dairy company.

For Li Hualong, 1967. When Hong Kong was in turmoil and housing and land prices plummeted, it was the best time for him to buy a dairy company. Before that, he decided to make some preparations, such as exchanging shares for shares in Guò, to acquire shares in the dairy farm company, and then to join the company's board of directors.

Li Hualong became a member of the board of directors of the dairy company, and it was much easier for him to deal with the major shareholders of the dairy company, and it was easier for him to buy shares in the dairy company.

"Before 1967, I had to stock up on ammunition, and I couldn't let go of a once-in-a-decade opportunity."

Li Hualong had planned to prepare a large amount of cash before 1967, in which he would buy high-quality assets, including shares in the dairy company, and when the time came, he would be willing to buy the shares of the dairy company at a price of 20 percent above the market, or even 50 percent or 60 percent above the market.

If some of the shareholders of the dairy farm insist on not selling the shares of the dairy company, then Li Hualong will choose to give up buying the shares in the hands of these people, as long as he obtains an absolute controlling stake in the dairy company, the company will operate under his control, and he does not mind the minority shareholders making money with him, the controlling shareholder.

When others are not optimistic about Hong Kong's future, and Lee believes that Hong Kong's economy will become a phoenix after the 1967 riots, he can naturally seize this opportunity and make huge profits from it.

Three days later, in the morning, Li Hualong had just eaten breakfast at home, and he answered a phone call and learned good news.

After hanging up the phone, Li Hualong told the good news and shared it with his family.

"Good news for everyone, a shareholder of Whampoa Dockyard has agreed to take out 10% of the company's shares and exchange 10% of the shares of InterContinental Hotel with me!"

"Ten percent of the shares, a little too little, is not good news." Li Yisong said with a smile, he knew that Li Hualong wanted to get the land owned by the Whampoa Dockyard.

Previously, Li Hualong and Li Yisong said that he hoped to acquire Whampoa Dockyard Co., Ltd. in the future, and after the completion of the acquisition, the dockyard in Tsim Sha Tsui would be relocated to another location, or simply close down and the vacated land would be developed for large-scale residential projects.

"Take your time, there's no rush." Li Hualong smiled lightly, "With ten percent of the shares, I can ask to join the board of directors of the Whampoa Dockyard Company." Later, it will be easier to buy shares from other shareholders. ”

At noon that day, Li Hualong signed an equity exchange agreement with an Englishman named Mike at the Mandarin Oriental Hotel, and Li Hualong paid 10% of the shares of Intercontinental Hotels Co., Ltd. and obtained 10% of the shares of Whampoa Dockyard Co., Ltd.

The equal share exchange means that Li Hualong and Mike have reached a consensus that the market capitalization of InterContinental Hotels and Whampoa Dockyard is equal.

After completing the share transaction of Whampoa Dockyard and Intercontinental Hotel, Li Hualong did not stop the share trading action, and several negotiators he sent out continued to work hard to negotiate for him.

Within a few days, another share transaction was completed that satisfied Li Hualong.

At the end of February, Li Hualong returned home from work and greeted his family with a smile.

Li Yisong saw Li Hualong's face full of smiles, and took the initiative to ask, "Is there anything good?" ”

"There is good news to share with you!"

Li Hualongle didn't say it, after sitting down, he poured a cup of tea, took a sip, and said with a smile: "Jardine Matheson agreed to take out the shares of the Hong Kong Tramway Company and exchange the shares of the Holiday Inn with me." Sign the agreement tomorrow. ”

"How do you exchange?" Li Yisong asked curiously.

"20% of the shares of Holiday Inn for 40% of the shares of the tram company."

"What is the annual profit of the tram company?" Li Yisong asked again.

Li Yisong usually travels by private car. He hadn't ridden the tram in years, and he had no idea how big the Hong Kong Tramways was to be.

In the early years, Li Yisong assessed how much a company was worth, and he mainly assessed the net asset value of the company, and as Li Hualong continued to achieve commercial success, some of Li Yisong's ideas were influenced by Li Hualong and made a big change.

Li Hualong said in front of his family that he summed up a set of investment ideas, he felt that evaluating the market value of a company, net asset value is a very important reference factor, but many times. Other factors add up to be more important.

"Last year, the tram company's profit was about half of the holiday company's profit. I think this exchange of equity is very reasonable. ”

Li Yisong picked up the purple clay pot, added half a cup of tea for Li Hualong, and said with a smile: "If you just think it is reasonable, you will definitely not exchange shares, and you must think that Hong Kong Tramway Company has greater development prospects." ”

"The Hong Kong Tramways Company has certain development prospects. I am mainly interested in a few plots of land owned by the tram company, which have great development value in the future. ”

Li Yisong reminded: "Don't be too ambitious, you have enough land in your hands." Don't overdo it. ”

"Abba, don't worry, I know it. When I have absolute control over the tram company, I will not rush to develop the land owned by the tram company. ”

"I hope you know what to expect." Li Yisong smiled slightly. He also reminded that "there may be a big rise in housing prices in Hong Kong in the future, but you keep investing money in buying land and buying shares in companies with a lot of land reserves." You take it easy. It is impossible for you to take the benefits of the world alone. As the old saying goes, when the water is full, it overflows. ”

"When the water is full, it overflows!" Li Hualong smiled and nodded, "Abba." You're becoming more and more philosophical. ”

"Are you bothered that I am talking to you about this?" Li Yisong asked flatly.

"No, absolutely not!" Li Hualong resolutely denied it, and shook his head, "As the old saying goes, if there is an old man in the family, if there is a treasure. Although I have achieved some achievements in the past, I still have a long way to go in life, and I need Abba to show me the way. ”

"I don't have what it takes to show you the way." Li Yisong said with a smile, picked up the teacup, and took a sip of tea, "Keep your own snacks, don't always think about making money, think more about risks...... As long as you keep a clear head, I believe your business will get bigger and bigger. ”

"I'll do a good job!" Li Hualong poured a cup of tea for his father, poured another cup for himself, tasted a sip of tea, and praised, "This oolong tea is good, I tasted a few sips, and the more I tasted it, the more it tasted." Abba, where did you buy this tea? ”

"I don't know. The one you sent from Uncle Bao is not expensive, if you like it, let him buy more for you. ”

"Don't bother Uncle Bao, just try it. There are already a lot of good teas at home. ”

After chatting a few words, Li Yisong asked, "How is the stock of Holiday Inn sold?" ”

"In three days, 2.5 million shares will definitely be sold."

Holiday Inn Limited plans to list on the Hong Kong Stock Exchange on March 11, and the company will be publicly sold for its original shares half a month before the listing.

Holiday Inn went public and did not plan to issue new shares, Li Hualong took out 2.5 million original shares for public sale, and a share with a face value of 5 yuan was sold for 6 yuan, most of which was bought by Jardine Matheson.

Ten days ago, Jardine Matheson issued convertible bonds to raise HK$10 million, of which HK$9 million was used to subscribe for 1.5 million shares of Holiday Inn Hotels. (To be continued......)