On Friday, March 11, Holiday Inn Hotels Limited was listed on the Hong Kong Stock Exchange.

Holiday Inn Limited, a company that owns the "Holiday Inn" and "Holidayinn" brand trademarks, can directly open Holiday Inn hotels in the future, unlike Times Land, which cannot invest in Mandarin Oriental.

After the listing of Holiday Inn, Li Hualong and Jardine Matheson were the largest shareholders, both holding 3.5 million shares; Li Huawen is the second largest shareholder, holding 2 million shares, with the remaining 10% in retail hands.

Li Huawen unconditionally supported Li Hualong as the chairman of the board of directors of Holiday Inn, Li Hualong naturally voted for himself, and the two brothers held a total of 55% of the shares, as long as their brothers work together, Li Hualong can naturally sit firmly in the position of chairman of the board of directors of Holiday Inn.

In order to avoid others saying that he favors one over the other, Li Hualong served as the chairman of Holiday Inn, and he received a monthly salary of 100 Hong Kong dollars, which is the same as his remuneration as the chairman of Times Land.

As the managing director of Holiday Inn, Li Huawen also followed Li Hualong's example, he also received a monthly salary of 100 Hong Kong dollars at Holiday Inn, and before Holiday Inn went public, he and Li Hualong did not receive a salary in Holiday Inn's account.

For Holiday Inn, which has a market value of HK$60 million, brothers Li Hualong and Li Huawen receive a salary of HK$200 a month from Holiday Inn, which has an almost negligible impact on the hotel's performance.

On Monday, March 14, the third day after Holiday Inn went public, Times Land's shares were suspended, because on this day, Times Land was going to hold a board meeting, and there may be heavy news to be announced.

At the board meeting, Li Hualong proposed to sell Mandarin Oriental Hotel Co., Ltd., a subsidiary of InterContinental Hotels Group, to Times Land for HK$100,000. The directors unanimously voted to agree that upon completion of the deal, Times Land would acquire the "Mandarin Oriental" brand, and the management of the Mandarin Oriental Hotel in Times Square would also pass to Times Land.

After the meeting, the spokesperson of Times Land announced the company's wholly-owned acquisition of the Mandarin Oriental Hotel at a price of HK$100,000.

The next day, Tuesday, Times Land's shares resumed trading, the same day. The company's share price rose 5% to close at exactly $10, returning to the price it was at the time of listing.

That night, Li Hualong spent the night in Chen Sisi's room, and before going to sleep, he talked to Chen Sisi about his idea of selling the shares of Times Land to cash out.

"I've never heard you say anything about selling shares of Times Land, and you haven't sold them before?"

"Nope." Li Hualong replied with a smile, "Today, the stock trading of Times Land is quite active, and the price is good. I sold some. ”

"How many shares are sold?"

"350,000 shares, cashing out more than 3.4 million Hong Kong dollars." Li Hualong paused and continued, "If in the next few days. The share price of Times Land is not less than HK$9, and I will continue to sell and cash out. ”

"No less than nine Hong Kong dollars, do you plan to sell it all and cash out?"

"It's not going to cash out all of it, it's going to keep some shares. 4 million shares may be left. ”

"How many shares do you have now?"

"6.3 million shares."

"Hongkong Land holds 4.5 million shares of Times Land, am I not mistaken?"

"That's right."

"Hongkong Land holds more shares than you, so can you continue to serve as the chairman of Times Land?"

"When I was not the chairman of Times Land. I don't really care. I'm the chairman of a number of companies, not bad for one. Li Hualong said with a smile.

"Hongkong Land has never sold shares of Times Land?"

"As far as I know, Hong Kong Land has not announced the sale of Times Land shares, and it may be possible to sell some secretly, it's not a big deal, don't worry about business matters for me." Li Hualong lifted the quilt and climbed up, "I'll go to the bathroom." ”

Li Hualong went to the bathroom, and when he came out, he was sleepy and didn't want to talk anymore, so he turned off the light and went to sleep.

In the days that followed, Times Land's share price remained above HK$10 per share, but not more than HK$11 per share, and Li Hualong seized the opportunity to continue to sell Times Land's shares.

In half a month, Li Hualong sold a total of 2.75 million shares of Times Land, leaving 4 million shares, which were closed and not sold, and a total of 10,000 Hong Kong dollars were cashed out.

On March 31, Li Hualong spent the night in Xi Chongyi's bedroom, and Xi Chongyi took the initiative tonight, which allowed Li Hualong to get both physical and psychological enjoyment.

The clouds dispersed and the rain stopped, and Xi Chongyi snuggled in Li Hualong's arms.

"Chongyi, you have a good appearance tonight, I want to reward you well." Li Hualong sneered.

"How do you want to reward me?" Xi Chongyi pursed his lips and smiled.

"Well, 20 percent of the Intercontinental Hotel, for you."

Xi Chongyi was stunned when she heard this, she knew that the market value of Intercontinental Hotels exceeded 100 million, and 20% of the shares were more than 20 million, and at this time, 200,000 Hong Kong dollars could buy a good villa in Hong Kong, and she felt that this gift was too big.

"I don't need to. As long as you love me a little more, I'll be happy. Xi Chongyi smiled sweetly.

"You really don't want it?"

"Of course it's true." Xi Chongyi said with a straight face, and looked at Li Hualong a few times, "Have you ever thought about divorcing me?" ”

"I could swear to God, I never thought about it." Li Hualong hugged Xi Chongyi's delicate body tightly and said with a smile, "I'm a person, and I have many advantages and disadvantages. You are my woman, and I am alone in this life...... As for the gifts, you take them, and over the years, you ......"

"I really don't want to." Xi Chongyi interrupted, kissed Li Hualong on the cheek, and smiled slightly, "You give me the shares of the Intercontinental Hotel, what about Mengmeng and Sisi, you also want to give them gifts of similar value...... It's too much trouble to transfer shares. Besides, I have a lot of money in my private house, and I have a few properties under my name, so I don't have to worry about spending money. ”

"Okay. Listening to my wife's words, it must be right. Li Hualong said with a smile.

"In just over a week, InterContinental will be listed, how much do you think the stock price will rise?"

"It's hard to say, I hope the price will rise a little more, and in the next few months, the stock price will not be lower than the issue price, so that I can cash out some shares."

A few days ago, InterContinental Hotels Limited had completed its IPO (Initial Public Offering) and IHG did not issue new shares. Before and after the listing, the company's total share capital remained unchanged, and the company's largest shareholder, Li Hualong, took out some of the original shares for public sale.

InterContinental Hotels Co., Ltd. has a total share capital of 10 million shares, and when the company went public, Li Hualong took out 1.5 million original shares for public sale, selling them at HK$12 per share, cashing out HK$18 million. At a price of HK$12 per share, the market capitalisation of InterContinental Hotels Limited is HK$120 million.

After the listing of InterContinental Hotels Limited, InterContinental Hotels Group Co., Ltd., a subsidiary of Li Hualong, remains the largest shareholder of InterContinental Hotels Group. It is also the absolute controlling shareholder, holding 5.5 million shares, 55% of the equity.

Li Hualong's 35% stake in Holiday Inn Co., Ltd. is also held by InterContinental Hotels Group.

Li Hualong plans for the future. InterContinental Hotels Group (IHG) replaced InterContinental Hotels Limited as a public company, and then injected capital into the company to acquire hotels such as Holiday Inn, and he plans to develop IHG into the world's largest hotel group by market capitalization.

……

The night of IHG's listing. Li Hualong drank a lot of wine at the celebration reception, and he felt like he was about to get drunk.

Back at home, Li Hualong and Xi Chongyi, who accompanied him to the drinking party, entered the bedroom.

"Do you want to take a shower?" Xi Chongyi asked.

"I don't wash it. Come and talk to me. ”

"Haven't you had enough fun all the way home?" Xi Chongyi said with a smile.

Xi Chongyi took off her coat for Li Hualong and helped him lie down on the bed, and after that, she also lay down and snuggled in her husband's arms.

The two were silent for a while, and Xi Chongyi said softly: "Ah Long, you rarely drink so much as you do tonight!" ”

"Happy!" Li Hualong smiled happily, "I'm happy that the InterContinental Hotel is listed!" ”

"When the Chinese Real Estate Group was listed, you also cashed out 18 million Hong Kong dollars, and I didn't see you so happy!" Xi Chongyi was puzzled.

"It's different."

"Is it because you are the absolute controlling shareholder of InterContinental Hotels Company?"

"Uh......" Li Hualong pondered for a moment, his brain short-circuited for a while, and he couldn't think of a reason for a while, so he smiled, "It's a reason." In the last few months, no, in the last ten years, I have been very smooth, you know, I am a reserved person, even if I am happy, I will suppress it...... I've been so happy lately, I can't help but have a few more drinks tonight, so it's so enjoyable! ”

"Although you are drunk and hurt, you are in a good mood today, drink a few more glasses, it's okay" Xi Chongyi smiled, "By the way, I remember that the eldest brother was going to spin off some of his properties and merge them into a new company to go public, how is it doing?" ”

"It's working."

After chatting for a few words, Xi Chongyi smiled and asked, "Ah Long, do you say that it is better to invest in stocks or invest in real estate?" ”

Li Hualong glanced at Xi Chongyi a few times and asked, "You asked for your brothers and sisters?" ”

"yes. You didn't build yì they bought stocks, they didn't buy them, but seeing that there are a lot of people who are now making money by buying stocks, they are a little tempted. ”

Li Hualong was slightly stunned, and replied with a smile: "If you can buy stocks of high-quality listed companies and hold shares for a long time, the investment income will definitely be better than buying property, and stocks are easier to cash out, and buying and selling stocks is more convenient than buying and selling properties." In a few days, I will invite them to my house, and when the time comes, I will talk to them again. ”

"How many high-quality public companies are you going to recommend to them?"

"There's no urgency in this matter, and there really isn't a good introduction for the time being."

"You just have to take this matter to heart, which company you think has potential to invest in the stock, if you can, talk to them."

"I'll take it to heart. If I invest on my own, sometimes, if I see it, I will invest, and if I make it, I will have a good vision, and if I lose, it will be bad luck. However, I should be cautious about introducing my relatives and friends to invest, after all, everyone bears different investment risks. ”

"Hmm!" Xi Chongyi nodded with a smile, changed the topic and asked, "The Ocean Terminal in Tsim Sha Tsui has opened, do you know?" ”

"Yes. Princess Margaret cut the ribbon and unveiled, and many newspapers published the news on their headlines! Li Hualong smiled and said, "Why did you come up with the idea of saying this?" ”

"I want you to go to the mall with me, can't you?" Xi Chongyi said angrily.

"Okay! But then again, if you want me to accompany you to the mall, you shouldn't ask to go to the Ocean Terminal, but to Times Square. ”

"I've never been to Ocean Terminal, I want to see it."

"Then I'll go with you tomorrow?"

"That's what I said, you're so busy, you want to go shopping, I can find Meng Meng and Sisi to go together." Xi Chongyi smiled, "After the opening of the Ocean Terminal, it will definitely drive the development of the surrounding business circle, and the rental income of Xingguang Xing will increase, right?" ”

"When Starlight was completed, it signed a four-year lease with the tenant, and the rent will not change during the contract period. Even if you want to increase the rent, you will have to wait until September of the following year. ”

"How much do you estimate that in more than two years, the rental income of Starlight Store will increase?"

"It's hard to say, and it may fall."

"Do you think there is going to be a problem with Hong Kong's economy?" Xi Chongyi was surprised.

"I don't think so. Everything is possible, there is no absolute, what you just said is too absolute, that's why I said so. Li Hualong smiled, "Don't think too much." It's not early, let's go to bed. (To be continued......)