In the evening of the end of September, Li Hualong went home to have dinner with his family.

Just after dinner, Li Hualong received a call from Li Huawen.

"Big brother, have you had dinner?"

"Just ate it. Third, let me ask you, the rent of the Starlight Hong Building in Tsim Sha Tsui that you invested in and developed is very cheap, what's going on? ”

"Do you know the specific situation of the Xingguang Building for rent?" Li Hualong asked with a smile.

"I heard. The rent is particularly cheap, and you sign a four-year lease with the tenant and pay two years of rent in one lump sum...... You shouldn't be short of money, right? ”

"How do you know I'm not short of money?" Li Hualong smiled and asked rhetorically.

"In the past six months, you have sold a lot of properties, and you have persuaded me to sell some properties to reduce the debt ratio. As far as I can speculate, you're already very low debt. ”

"Before, I demolished the east wall and repaired the west wall, and the debt ratio was very high. As you know, I'm not optimistic about the prospects of the Hong Kong real estate market in the next few years, and I predict that house prices will fall, and if house prices do fall, then rents will fall too. Now that the interest on bank loans is not low, I want to save some money to eat interest at the bank. ”

"You're too extreme." Li Huawen was surprised, "In my impression, you are not such a conservative person." ”

"Be careful to sail the ship of ten thousand years, be careful." Li Hualong smiled, "Big brother, I have also persuaded you a few times, I will advise you again, reduce your property holdings and hold more cash." ”

Li Huawen was stunned for a moment, and said in a deep voice: "I know." Your investment vision is better than mine, since you are bearish on the real estate market, then I will sell more properties. However, I will not be like you, keep my money in the zài bank, and just don't owe the bank money. Even if housing prices really fall, Jiu'an Company will not encounter a crisis if it is not in debt, and the rent will be less, and it will live the same. Hehe, in the long run, you are bullish on the Hong Kong real estate market, right? ”

"Yes." Li Hualong said with a smile.

"Originally, a piece of land in my hand was going to start construction of a residential building early next year, but since you said so, I will slow down."

"Don't treat me like the god of wealth, if housing prices continue to rise, don't blame me!"

"No, it won't." Li Huawen said with a smile.

After chatting a few words, Li Hualong said: "Big brother, recently, you rarely come to my house as a guest, when you are free, take some time, and take your sister-in-law and Lin Yu to my house for dinner." ”

"Sheng Quanke often goes to your house and lives in your house." Li Huawen smiled and joked, "How do I feel that you kidnapped my son." ”。

"Sheng Quan doesn't come to my house often, does he live with his girlfriend and lie to you?"

"He is sometimes with his girlfriend, and he doesn't go to your house...... Don't talk about him, there are arrangements for tonight and tomorrow night, and I will go to your house for dinner the night after tomorrow. ”

"Waiting for you."

"It's okay, see you the day after tomorrow." After Li Huawen finished speaking, he hung up the phone.

After hanging up the phone, Li Hualong muttered: "I have food in my hand, and I don't panic in my heart......"

Li Yisong didn't hear Li Hualong's muttering clearly, and asked, "What are you muttering?" ”

"I have food in my hands, and I don't panic!" Li Hualong said loudly and said with a smile, "Abba, how many properties have you sold recently?" ”

Li Hualong not only persuaded Li Huawen to sell the property, but he also told other relatives and friends that he was not optimistic about the prospects of Hong Kong's real estate industry in the next few years, and persuaded them to reduce their properties.

"Sold quite a bit. It is estimated that this month, hundreds of second-hand houses were sold. Luckily, you have a real estate agency, otherwise you wouldn't have sold so quickly. ”

"The main reason for the fast sale is the preferential price."

Li Yisong asked with concern: "If the property market is not good, will it affect your hotel business?" ”

"It's definitely going to have an impact. Recently, I was in talks with Hongkong Land about the sale of the Mandarin Oriental Hotel. ”

Li Yisong was surprised: "Are you going to sell the Mandarin Oriental Hotel?" ”

"It's just a part of the equity, and if I can, I can still let the Mandarin Oriental Hotel go public."

"Be careful yourself, don't let others swallow your hotel."

"I will."

A few days later, Li Hualong and Hongkong Land discussed the transfer of the Mandarin Oriental Hotel, and there was a breakthrough.

After a verbal agreement, Mr. Lee incorporated Times Land (time_land) Ltd. and injected properties in Times Square and Mandarin Oriental into the company, which took on the debts Mr. Lee had incurred for the development of the project.

After the completion of the registration of Times Land, Li Hualong and Hongkong Land signed an equity transfer agreement, under which Times Land made a price of HK$150 million, and Li Hualong sold 30% of the shares of Times Land to Hongkong Land for HK$45 million.

In addition, Times Land also plans to go public.

Before the listing, the total share capital of Times Land was 15 million shares, with a par value of HK$10 per share, and at the time of listing, 1 million new shares were issued to raise HK$10 million, and at the same time, Li Hualong would publicly sell 3.75 million original shares at a price of HK$10 per share.

If Times Land goes public as planned, Li Hualong could earn HK$82.5 million from the sale of the company's shares.

At the beginning, in order to invest in the development of Times Square and Mandarin Oriental Hotel, Li Hualong invested a total of 80 million Hong Kong dollars, and by selling some of the shares, he could make a profit of 2.5 million Hong Kong dollars, and he also held stocks worth 67.5 million Hong Kong dollars, which can be said to be a special bargain.

The listing of Times Real Estate Company has been sought after by investors, with nearly 200 million funds subscribing for shares worth HK$47.5 million, with a winning rate of less than 25%.

On December 1, Times Land was listed on the Hong Kong Stock Exchange.

On the first day of listing, Times Land's shares opened at HK$12.6 per share and closed at HK$12.24 per share on the same day.

After the listing of Times Land, the company's total share capital was 16 million shares, with Li Hualong being the largest shareholder with 6.75 million shares, Hong Kong Land holding 4.5 million shares, and the remaining 4.75 million shares scattered in the hands of retail investors.

Li Hualong doesn't care much about the rise and fall of the stock price of Times Real Estate Company, the shares he holds are restricted shares, and he can't sell them for cash in the short term.

Li Hualong sold shares in Times Land to get HK$82.5 million in cash, which he spent in a short period of time, and he bought a large number of gold bars through Guò Alibaba Jewellery and stored them in his basement.

On the afternoon of December 10, Li Hualong transported a batch of gold bars home, and Li Yisong followed him to the basement.

"Aaron, when you built this house, you thought about using the basement to store gold, right?" Li Yisong asked with a smile.

"I thought about it at the time, but I didn't think that I would store so much gold. Although the basement of our house is equipped with a thick iron door, it cannot compare to the vault of a bank. Seriously, with so much gold at home, I'm scared of causing something. ”

"You see people are very discerning, our family's bodyguards, and the servants are quite honest. Also, you did a good job of secrecy, using a wooden box of red wine to pack gold bars, and he is the only one you can figure out. ”

"Despite some cover-up, there are still people who know that we have a lot of gold stored in our house...... There is no need to worry too much, for those who know the secrets have been blessed by me. ”

"The day after tomorrow, a new real estate developed by your company is about to go on the market, right?"

"yes. In the past few days, I have spent a lot of money on advertising, and there are discounts in terms of selling prices, and I estimate that I will be able to sell all the units in a short period of time. ”

"According to the current selling price, how much money can this project make if it is all sold?"

"More than five million Hong Kong dollars."

"All units sold?"

"I originally planned to keep two floor shops, but I was taken by Hang Seng Bank, and the price offered by Hang Seng Bank was quite high, so I sold it to Hang Seng Bank and signed the contract yesterday."

"With a profit of more than five million, plus the capital, the whole project can be sold for a lot of money, how do you plan to spend this money?"

"There is no plan to use the money for the time being, and it will be deposited in the bank." Li Hualong lied.

Li Hualong had already thought about it before, and the proceeds from the sale of the new real estate this time would not be deposited in the bank, and the cash would be transported home for storage, he didn't want his father to worry too much, and he planned to hide this idea for the time being.

Two days later, the new real estate developed by Hualong Real Estate Company was put up for sale as scheduled.

This property attracted a lot of interest from buyers, and at around 7 o'clock in the morning, people came to the sales office to line up, and on the first day, nearly 60% of the units were sold, and the remaining 40% of the units were sold out in the next two days.

By the end of December 1964, Li Hualong had stored more than 80 million Hong Kong dollars worth of gold and more than 30 million Hong Kong dollars in cash at home.