Chapter Ninety-Nine: Brothers, Settle Accounts
On the twenty-eighth day of the twelfth lunar month, Li Huahu and Wen Cuiping took a steamer and left Macao and returned to Hong Kong.
In the past few months, Li Huahu and Wen Cuiping have often lived in Macau, and while they were not in Hong Kong, they fostered their son, who was less than five years old, and their daughter, who was less than three years old, in Li Hualong's home.
After returning to Hong Kong, Li Huahu and Wen Cuiping came directly to Li Hualong's house by car.
The two brothers, who had not seen each other for many days, met and hugged one warmly.
"Usually, when you see a foreign girl, do you have a veneer ceremony?" Li Hualong joked.
"Nope. In terms of the relationship between men and women, I am very conservative, so I am not as attentive as you. Li Huahu quipped, "Third brother, I think your idol is Lord Wei Xiaobao Wei, right?" Hehe, no, Lord Wei is a fictional character you created, and there is no such person in history. β
"Your third brother's idol is an ancient emperor, seventy-two concubines in three palaces and six courtyards, and three thousand beauties in the harem!" Yang Meng smiled and made fun of Li Hualong.
"Mengmeng, how can you say that," Li Hualong smiled bitterly, "Although I am a little amorous, I am not emotional. β
"Don't talk about emotional matters." Li Huahu smiled, "Third brother, recently, have you ever thought about how to increase the revenue of Galaxy Entertainment Company?" β
"Nope. You must have some idea when you ask this, let's hear it. β
"Macau's population is too small, and it is definitely not possible to only stare at the money in the pockets of Macau people. If more Hong Kong people can be attracted to gamble in Macau, then they can make a lot of money, after all, Hong Kong's population is several times that of Macau. I think buying a hydrofoil to provide Hong Kong and Macao maritime passenger services can shorten the sea voyage between Hong Kong and Macao from more than 3 hours to 1 hour, which will definitely attract many Hong Kong tourists to Macau for gambling and travel. β
"It takes a lot of money to buy a hydrofoil, can Galaxy Entertainment get this money now?"
"I can't take it out for the time being, I want to set up a joint venture with you to set up a steamship company."
"Okay, I can invest in shares, but I don't participate in the management of this company, and you will be the major shareholder."
"Okay." Li Huahu replied with a smile, "Third brother, after the opening of the Mandarin Oriental Hotel, the business of the Holiday Inn has deteriorated, you know?" β
"How can you say that the decline in room occupancy rate is not more than 10%, which is nothing."
"Room occupancy fell by 10 percent, and profits fell even more."
"Rest assured, with the economic growth of Hong Kong, the business of Holiday Inn will definitely get better and better."
"I will stay in Macau a lot in the future, I don't have much time and energy to manage the Holiday Inn, I want to give you a stake in this hotel, and at the same time, I hope you can give me a stake in the hotel that is being built in Macau...... Do you think that works? β
Li Hualong stared at Li Huahu twice, nodded with a smile, and said, "Yes." Brothers, settle accounts. How do you change the shares of the two hotels? β
"Holiday Inn is worth 35 million in discounts...... Not expensive, right? β
"It's not expensive, it's cheap."
"Sixty percent of Holiday Inn's shares are discounted by 21 million. Before, we invested in hotels in Macau according to the ratio of 73, so far, we have spent 20 million, you have invested 14 million, and I have spent 18 million to buy your shares, okay? β
Li Hualong smiled and said: "There is no need for a premium, just fourteen million." β
"This ...... You're too much of a loss. Li Huahu said with a smile, "I have calculated that after the opening of the hotel in Macau, business will definitely be very good." β
"My own brother, don't worry about ......"
"Didn't you just say, brother, settle accounts."
"If you settle accounts, you must also have rules for clear accounts. If I were to say that, I would think Holiday Inn is worth more than 35 million! β
"Hehe, since you said so, then I'm welcome." Li Huahu smiled, "If I'm not mistaken, you have to give me six million." β
"That's right. Go back, and I'll transfer six million to your bank account. β
"Do you want to buy 20% of the shares in the hands of the eldest brother?"
"Why do you ask this?"
"If you're 100 percent in control, you can manage the hotel exactly as you want, without being constrained by others."
"Let's get back to it." Li Hualong said lightly, "Big brother is not an outsider, as long as I don't have too much selfishness when running a holiday hotel, no matter how I run it, my big brother will definitely support me." β
"That's right. Hehe, third brother, let's shake hands. Li Huahu smiled and stretched out his hand, "Happy cooperation!" β
"I hope that Galaxy Entertainment's business will get better and better!" Li Hualong and Li Huahu shook hands and said with a smile: "We exchange the shares of the hotel, I will give you the difference of six million, and with these six million, you can run the steamship company as your own sole proprietorship." β
"The hotel hasn't been built yet, and I'm going to continue to invest money."
"Didn't I plan to borrow money from the bank after using up 20 million?"
"It's one thing to ask the bank to borrow money, it's another thing to cooperate with you to run a shipping company, and I feel more at ease with my heart when I have a joint venture with you."
"You think I'm the goddess of luck?"
"It's not the goddess of luck, it's the lucky god!"
"Huh!" Li Hualong smiled, "In order to reassure you, then I will cooperate with you to run a shipping company." By the way, the name of the shipping company, have you figured it out? β
"Shun Tak Shipping Company, we Chinese pay attention to faith and morality in doing business. What do you think? β
"The name is a bit level, it's good, I don't need to change it. What is the English name? Li Hualong felt that the word "Xinde" was very familiar, and felt that there should be a large company with this name in the future.
"sino_shipping_pany, the meaning of sino is oriental, oriental, and China similar meaning."
βsinoβ¦β¦ sino_group......" Li Hualong muttered a few times.
Li Hualong clearly remembered the English name of Sino Group in Hong Kong in later generations, sino_group, and the reason why he remembered it was because when Li Hualong, who was born in the 80s, looked up the names of large enterprises in Hong Kong when he wrote novels, he was deeply impressed by the English name of Sino Group, and felt that this company was very good in terms of Chinese name or English name.
"When the company grows, it will be renamed Shun Tak Group, and the English name is sino_group." Li Huawen said with a smile.
"If you like it." Li Hualong smiled and said, "You ask the eldest brother, if he is interested, let him also participate in a share, I can take a few shares." β
"Third brother, are you not optimistic about the business of the shipping company?" Li Huahu asked.
"It's not. If the business is good, the profit of the shipping company will not be bad. I spend a lot of money, and I have a big project next year. β
"What project?"
"I bought a piece of land in Tsim Sha Tsui and plan to build a 22-storey commercial building, with an investment of more than $40 million."
"Forty million, for you, that's not much."
"It's not much, I owe a lot of money to the bank now, and the debt ratio is already very high, if the property market is not good, I will be in trouble."
"Third brother, you don't have to say anything about your investment vision, but I still have to say something to you, you be careful, don't spread the stall too big, as you said, the property market is not good, you will be in trouble. Let's talk about Liao Baoshan, before his Liao Chong Hing Bank was run, it can be described as infinitely beautiful. As soon as something happened, it collapsed. β
"Thank you for the reminder, I know it." Li Hualong smiled and listened patiently to Li Huahu's words, "Although I am a shareholder of Hang Seng Bank, every loan I borrow from Hang Seng Bank is well-founded, and it will not be too risky for Hang Seng Bank to issue a loan to me." β