One evening in early September, brothers Li Huawen and Li Hualong had dinner with a few friends in the business field at the Mandarin Oriental Hotel.

"Ah Long, I read in the newspaper that Hutchison Enterprises Company raised 50 million Hong Kong dollars through the issuance of preferred shares and acquired 20% of the shares of Whampoa Dockyard from you, and you have made a lot of money!" Li Xiaohe said with a smile.

Li Hualong and Li Xiaohe have been friends for many years, and together they founded TVB (TVB), and they are both shareholders of Gemdale Group.

"I didn't make much money." Li Hualong smiled, "In five or six years, I exchanged the shares of the Intercontinental Hotel for the shares of the Whampoa Dockyard, and at that time, the market value of the Whampoa Dockyard reached 120 million Hong Kong dollars, and now the market value has risen to 250 million Hong Kong dollars, which really hasn't increased much. ”

"You can't do that, as I understand it, you only exchanged ten percent of the shares at the time. In '67, during the Hong Kong riots, the market value of Whampoa Dockyard depreciated sharply, and at that time, you bought a large number of shares in Whampoa Dockyard at a very low price and obtained an absolute controlling stake in this company. Although I don't know the price at which you bought the Whampoa Dock shares, I suspect that you sold the Whampoa Dock shares and made a profit of more than five times. ”

"It's not as exaggerated as you say." Li Hualong smiled faintly, took a sip of red wine, and continued, "To tell you the truth, the year before last, I bought 75% of the shares of Whampoa Dockyard, spending a total of more than 40 million Hong Kong dollars, and the market value stock index exceeded 50 million. ”

"Quadruple?!" Li Xiaohe laughed, "Everyone, do you think Ah Long is too dissatisfied?" ”

"It's not that Aaron is not satisfied, it's that he seized a good opportunity, and we let it slip out of our hands." Wan Chuanhao said with a smile, "The year before last, when the property market plummeted, some shareholders of five joint venture real estate companies including Wulifeng were not optimistic about Hong Kong's prospects. Choosing to sell assets to immigrate overseas, at that time, Aaron bought a lot of shares, Gemdale Group is now a listed company, the market value is easy to calculate, calculate, Aaron Investment bought the shares of these real estate companies, according to the current market value, the rate of return is more than five times! ”

Wan Chuanhao is a shareholder of Gemdale Group and a director of this company. His hometown is in the magic capital. Wan Chuanhao's father Wan Yangtai and Li Yisong are old acquaintances, the two met long before Japan launched the war of aggression against China, the two had business dealings, and they were friends, at that time, Wan Chuanhao was richer than Li Yisong.

Back then, before the Japanese captured the magic capital, Li Yisong took refuge with his family and came to Hong Kong. Wan Yangtai's family took refuge and fled to Chongqing, and after Japan surrendered, Wan Yangtai's family returned to the magic capital.

During the eight-year Anti-Japanese War, the assets of the Wanyangtai family shrank significantly. And Li Yisong's assets have risen a lot.

Later, Li Yisong left the magic capital under Li Hualong's construction and before the liberation of the magic capital. came to Hong Kong, and Wan Yangtai's family waited until the liberation of the magic capital, and more than half a year passed. A family left the magic capital, and assets shrank sharply again.

Wan Yangtai's family came to Hong Kong, and they didn't have much money on them, even if they were antique calligraphy, paintings and jewelry, they were only hundreds of thousands, so they could only do some small business.

Soon after Wan Yangtai came to Hong Kong, he became seriously ill and died after staying up for more than a year.

During Wan Yangtai's serious illness, Li Yisong visited him at his house many times, Wan Yangtai didn't want to see his family fall into the middle, so he cheekily begged Li Yisong to help his sons.

Li Yisong regarded Wan Yangtai as his friend, and since his friend asked for it, he couldn't bear to refuse.

Under the leadership of Li Yisong, Wan Chuanhao and his two younger brothers set up a joint venture real estate company, named after their father, Yangtai Real Estate Co., Ltd.

After the establishment of Yangtai Real Estate, Li Yisong's Evergrande Company deliberately cooperated with this company to develop several real estate projects, and Yangtai Real Estate Company was thus on track.

Wan Chuanhao's ability is not bad, under his leadership, Yangtai Real Estate continued to grow and develop, by 1964, the company's net worth exceeded 30 million, but his vision was not good enough, in 1964, he bought a few pieces of land from the Hong Kong government at a high price.

With the outbreak of the Chinese-funded bank run in six or five years, the Hong Kong property market fell into a downturn, and the Yangtai Real Estate Company, which spent a few pieces of land at a high price, had a hard time and almost went bankrupt.

Within a few months, the Hong Kong property market rebounded, and a new residential project developed by Yangtai Real Estate Company was sold at a good price, and the company's situation began to improve again.

When Li Hualong was looking for someone to cooperate in the development, Yangtai Real Estate Company participated and invested in a joint venture real estate company.

In 1967, when Hong Kong was in turmoil, Wan Chuanhao moved the idea of leaving Hong Kong, and when he saw that Li Hualong not only did not sell his assets, but borrowed money to buy a large number of shares in many companies, Wan Chuanhao's thinking took a 180-degree turn, although he was eight years older than Li Hualong, he greatly admired Li Hualong's vision.

When Wan Chuan told his family that he wanted to borrow money to invest, his family was against it, and he took Li Hualong as an example, and after some persuasion, his two younger brothers finally agreed.

It is precisely because of Wan Chuanhao's "big gamble" that Yangtai Real Estate Company was able to more than triple its net assets in just two years.

Li Huawen smiled and said: "Don't envy Ah Long, everyone here was somewhat influenced by him, two years ago, I invested in buying some properties." ”

Li Xiaohe asked with a smile: "Ah Long is good, I will definitely not forget your eldest brother, Ah Wen, in the past two years, your worth has increased several times, right?" ”

Li Huawen picked up the wine glass, took a sip of red wine, looked at Li Xiaohe with a smile, shook his head and said: "It's not as exaggerated as you said, before the riot, my company was in debt, although during the riot, I made some investments, although these investments were profitable, but before this, I already had some family resources." All in all, in the past two years, his worth has not increased several times. ”

Wan Chuanhao said with a smile: "Ah Wen, during the turmoil the year before last, the market value of your company shrank, and now it has risen again, so if you calculate it, it has really increased several times."

"If you say so, it's gone up several times." Li Huawen said with a smile, a moment later. After a change of tone, he said, "However, when I was in 1964, my assets were more than in 1967, and from 64 to now, in five years, even if my assets have tripled, this is nothing." ”

"Quadruple in five years. You're not satisfied, are you? Fok Yingdong said with a smile, "In the past five years, there have been many people in Hong Kong whose worth has shrunk. Those who chose to sell their assets the year before last to cash out and now return to Hong Kong have few assets that have not shrunk. ”

Fok Ying-tung, who is also a shareholder of Gemdale, holds 5 percent of the shares, the second-largest shareholder after Li Hualong, and now serves as vice chairman of the board of directors of Gemdale.

"Yes, I should be content!" Li Huawen smiled and raised his glass. "Cheers to everyone, and I wish our business to grow bigger and bigger!"

"Cheers!"

After dinner, Li Huawen took Li Hualong's car home.

In the past, Li Huawen and Li Hualong had dinner together at the hotel. He often asks his drivers and bodyguards to go home early, he is quite considerate of his employees, and he thinks it is very convenient to let Li Hualong take him along the way. This saves the work time of the driver and bodyguard, who has more time to spend with their families.

Li Hualong asked the driver to send Li Huawen home first, on the way. The brothers talked a lot.

"Aaron, Qi Dezun, this Englishman is quite fierce." Li Huawen said with a smile.

"It's pretty fierce. Through his own efforts, he started from a wage earner and became the chairman of a listed company, with strong ability. Li Hualong smiled, "In the past year, Hutchison has issued a lot of new shares for investment, and the company's market value has increased a lot. ”

"It's good for the company to go public, and if you lack money, you can issue additional shares." Li Huawen said with a smile.

"It's as simple as you say, there are bull markets and bear markets in the stock market. Let's say that the year before last, Times Land issued new shares, and I subscribed for 3 million shares, if I had no funds at that time, the new shares could only be sold to other shareholders, which was not a good thing for me, a major shareholder. ”

"The problem is that you have money, and you still take advantage of the private placement of new shares."

"You can understand it that way." Li Hualong nodded with a smile.

Li Huawen was silent for a moment and sighed: "For people with investment vision, the stock market is like a bank that can withdraw money at any time. ”

In this era, there are no ATMs, so Li Huawen naturally does not compare the stock market to an ATM.

"Even if there is no stock market, people with investment vision can seize various investment opportunities, buy low and sell high, and obtain huge profits."

"Hmm!" Li Huawen smiled and nodded, "By the way, you previously held a total of 85% of the shares of the Whampoa Dockyard Company, right?" ”

"Yes." Li Hualong smiled.

"Sell 20%, there is still 65% left, are you still ready to continue selling?" Li Huawen muttered.

"There is no idea of selling it for the time being." Li Hualong smiled and changed his tone, "Of course, if the market value of Whampoa Dockyard exceeds 250 million, I will also consider selling some of the shares." ”

"I feel that the price offered by Hutchison International is a bit high, and I am willing to pay a higher price to buy the shares of Whampoa Dockyard, which is a big injustice." Li Huawen smiled, "By the way, you now hold 100% of the shares of the dairy company, right?" ”

"Yes."

"If you sell this company now, how much money would you expect to make?"

"It's hard to say, no one has ever asked me to quote a price, and I haven't asked anyone to estimate the company's assets."

"I guess now the shareholders of the dairy company regret their death." Li Huawen said.

"Regret is certain, but regret is dead, I can't talk about it." Li Hualong smiled slightly, changed the topic and asked, "Big brother, you haven't thought about going to T Bay to meet your old comrades-in-arms all these years?" ”

Li Huawen was slightly stunned, sighed lightly, shook his head, and said, "I didn't think about it." Several comrades-in-arms who were close to each other stayed in Hong Kong. The comrades-in-arms who had a good relationship before went to T Bay, but they have not been in touch for so many years, and the relationship has faded. ”

"Big brother, you can try to contact your comrades-in-arms in T Bay, even if the relationship is average, you can also contact it, multiple friends and multiple roads."

Li Huawen looked at Li Hualong a few times with a little curiosity, and asked with a smile: "Do you want to invest in Taiwan?" ”

"There is such a thought. In the future, if I have the opportunity, I will go back to T Bay to invest. ”

"Didn't you say that the mainland will undergo earth-shaking changes in the future, and if you go to T Bay to invest, you are not afraid of affecting your investment in the mainland?"

"What upheaval?" Li Hualong said with a smile, "Maybe without consent, the mainland will welcome businessmen from T Bay to invest in the mainland." ”

"You're thinking too far, I wouldn't have imagined that." Li Huawen smiled, was silent for a moment, and sighed, "To be honest, I hope that the CCP will destroy the GMD and realize the reunification of the motherland as soon as possible." ”

"That's what you think now?" Li Hualong said with a little surprise.

At this time, Li Huawen could not have been clearer about the situation of the mainland.

"Just think about it this way, didn't you say that the situation in the mainland will improve in the future, and you also said that in the future, the mainland government will welcome businessmen from T Bay to invest in the mainland...... Not to mention, we are now businessmen, not political figures, and this kind of remark is better not to say it. ”

"It's okay not to tell outsiders, but let's talk more privately!" Li Hualong smiled slightly and sighed, "Business and politics are closely related. (To be continued......)