The birth of the Hong Kong Island family

In the nearly two-month slump, many stocks have fallen by more than 60% from their highest prices this year, and some have even fallen by more than 80%. The magnitude of the decline and the urgency of the decline have set the stage for Hong Kong Unprecedented. Such a plunge in the stock market will have an adverse impact on the normal activities of Hong Kong's industrial and commercial activities and the residents' economy. Therefore, it is necessary to take measures to resume "full-time" trading in the stock market... We require the Hong Kong government to use part of its large sterling reserves stored in London to buy local blue-chip stocks in the form of long-term investment. In this way, the Hong Kong stock market will definitely turn from cold to hot, from falling to rising.

——"Sing Tao Daily" May 7, 1973

In order to save the market, four exchanges announced that they would resume full-day trading from May 7, hoping to stimulate trading and reverse the decline by extending trading hours. Later, Securities Regulatory Commission Commissioner Shi Weixian publicly stated that "Hong Kong's economic prospects are good, and citizens do not need to worry about it. Confidence in the stock market can be restored."

——"Sing Tao Daily" May 7, 1973

From the reversal of the stock market on March 9 to the close of trading on May 8, the stock market fell for two consecutive months. During these days of "darkness", many investors suffered heavy losses and complained endlessly. With "nothing else to do", many investors are begging the government to intervene to prevent the stock market from continuing to decline.

——"Oriental Daily" May 9, 1973

In a high-end hotel in Wan Chai, Lin Zhichao, Yu Chengwan and Li Gaofu were having a small gathering. During the period, they talked about the local market and the stock market. Everyone seemed to be of the same class.

At the beginning of this year, Yu Chengwan listed Wancheng Development, raising funds of HK$12.5 million. In March, the market value reached HK$148 million. He was dubbed the "Billionaire General" and was praised by the media.

Of course, the reason why the market value is so high is also because Lin Zhichao and Li Gaofu participated in the stock; after the listing, Lin Zhichao held 15% of the shares and Li Gaofu also held 10.85%, so this company is a proper star stock.

"Lin Sheng, Wan Cheng Development plans to acquire Taiwei Co., Ltd., the main asset of this company is the Zhonghui Building in Kwun Tong Commercial Building." Yu Chengwan said enthusiastically.

The two shareholders, Lin Zhichao and Li Gaofu, joined as friends. In fact, Wancheng Development was dominated by Yu Chengwan's family, and his two daughters also joined it. The two of them also considered that there would be no problems if Yu Chengwan worked calmly and went public to raise funds to purchase properties and collect rents.

And Lin Zhichao also invested millions of Hong Kong dollars based on friends. He can wait until the stock appreciates in the future and then cash out. Why not do it if he has money?

Lin Zhichao asked: "How much does it cost?"

Kwun Tong is an industrial area, of course there are commercial buildings, and the location is pretty good.

Yu Chengwan said: "The 15.9 million Hong Kong dollars is also the reason why his boss failed in stock trading. Now he plans to dispose of this company at a low price so that we can get a bargain. I have calculated that after the acquisition, the rental profit can be 1.2 to 1.3 million Hong Kong dollars; and If the real estate rent does not fall, it will actually be more than HK$1.5 million."

Lin Zhichao nodded. In four to five years, the annual rent of such a building would be HK$5 million. No matter what you do, you won't lose money, as long as you hold on.

This stock market crash will cause financial problems for many companies because they are all involved in stock speculation, which will eventually lead to the sale of properties and businesses.

"I remember that Lao Yu cashed out some properties at the beginning of the year. With this little money, Wan Cheng Development has no problem and can be acquired!" Li Gaofu said with a smile at this time.

Yu Chengwan said proudly: "I also learned from Lin Sheng. He advised everyone not to speculate in stocks, indicating that real estate may also fall, so I cashed out 5 million Hong Kong dollars in properties, which were all scattered properties. This time It can be replaced by a whole building!"

Lin Zhichao said with a smile: "I was advising everyone not to speculate in stocks. I was just advising everyone to do what they can."

The topic turned to stock trading, and everyone continued to discuss it. The Hang Seng Index is now at 680 points, having fallen by almost two-thirds.

Li Gaofu said: "I escaped a disaster this time and made some gains in the stock market. Being with Lin Sheng is really a great experience!"

In Lin Zhichao's view, Li Gaofu's level is still far behind. After the listing, he used the 40 million raised to buy properties at a slightly higher price; he did not make full use of the stock market, issued a large number of new shares, and his style was too conservative; he used the company's stock speculation without authorization , although the amount is not large, the method is wrong; the company does not have a large amount of liquid cash and cannot participate in the subsequent bargain hunting (oil crisis).

Taking these problems together, Li Gaofu is destined to become a barely qualified tens of billions of people. Whether he can become one of the top 20 real estate companies in the future depends on his talent. Rent alone will definitely not work. He must also work hard on the development of real estate (residential and factory sales) and stock market finance and technology.

Of course, if his son strives for success, he may not lose to Eagle Lord's Luo Yingshi family. After all, Fuhe Real Estate is still a bit larger than Eagle Lord now.

Yu Chengwan was moved and asked for advice: "Lin Sheng, what do you think of the future development of the stock market?"

Lin Zhichao shook his head. He never predicted the future. He only advised others. However, he knew that Yu Chengwan had no habit of stock trading, so he smiled and said, "I don't even pay attention to the stock market. How can I know the follow-up!"

Yu Chengwan asked again: "What about the prospects of Hong Kong's economy?"

Lin Zhichao said: "There is no doubt about this. What are the problems with Hong Kong's economy? MacLehose is a good Hong Kong governor, and Hong Kong will be more developed."

Yu Chengwan nodded and said: "Indeed, the stock market has fallen, and the real estate industry has only been slightly affected. As for the factory, it has not had much impact."

Li Gaofu smiled and said: "Lao Yu, now that your two daughters have joined Wan Cheng Development, your sons can share your worries, so you don't have to worry about anything by yourself!"

Li Gaofu's son also graduated from college last year and joined Fuhe Development. He has a deep understanding of this.

Yu Chengwan replied: "They are all focused on fighting. Hey, every family has their own unforgettable experiences. Of course, Lin Sheng does not have these problems." He poured out the bitter water.

Lin Zhichao would not participate in this kind of topic, let alone the internal fighting in other people's families. Although Wu Bing tried every means to please Wu Wenying and found Lin Zhichao as a backer so that Lin Zhichao could speak for their second wife in front of Yu Chengwan. In fact, for so many years, Lin Zhichao never said a word about their two families.

To put it bluntly, Yu Chengwan is just his younger brother in business, and he doesn't bother to deal with big matters.

Thousands of developments.

Yu Chengwan's eldest son, Yu Huancai, came to his office.

"Dad, the Hang Seng Index has rebounded to over 700 points. If you don't enter the market, it won't be considered bottom hunting! Now many people outside are saying that Hong Kong's economic prospects are good and the stock market will not fall anymore."

It turned out that the relationship between Yu Chengwan and his first wife, Kuang Qionghua, was still very good, so after he became rich, he still balanced the relationship between the two houses and let the girls from both houses join Wan Chengwan.

As the eldest son, Yu Huancai was even more important.

So Yu Huancai naturally hopes to make achievements for the company so as to please his father and ultimately achieve the goal of controlling Wancheng's development. Then he thought of buying stocks at the bottom. After all, many people believed that buying stocks below 800 points was absolutely safe and worry-free.

Yu Chengwan said hesitantly: "If we allocate 10 million Hong Kong dollars for stock trading, it means that we will have a debt of 10 million Hong Kong dollars. This is the company's two-year profit!"

Wan Cheng Development's current market value has dropped to HK$50 million, and its annual profit is HK$5 million, including the properties it just acquired.

Yu Huancai immediately said: "Now 10 million for bargain hunting will soon become 15 million. At that time, we will withdraw funds to repay the remaining property payment."

It turns out that Wan Cheng Development has about 18 million in cash flow, and the property purchased this time is worth 16 million Hong Kong dollars. They plan to pay half of it up front and the rest in installments. The remaining 10 million cash flow in hand was encouraged by Yu Huancai to buy the stock market at the bottom.

Yu Chengwan was quickly convinced by his eldest son, because everyone was saying that there was no problem with Hong Kong's economy, and now that the stock market had fallen by two-thirds, it was a good opportunity to buy the bottom.

You know, isn't his friend Lin Zhichao a good bargain hunter? Everyone is saying that Lin Zhichao made a lot of money from real estate and stock markets in 1967, and then it grew to one billion.

"No problem! Let's go to the brokerage house."

"Yes, Dad!"

Yu Huancai was overjoyed. As long as he made money for the company, why should Yu Huanying, his second wife, fight with him in the future?

Lin Zhichao's mother, Wu Wenying, is sixty-five years old this year and is in very good health. Lin Zhichao has always regarded her as the biggest 'treasure' of the family. Naturally, there are many people around her who fawn over her. In addition, she likes to play mahjong, so she is usually surrounded by many mahjong players, and Wu Bing is one of them. She also has Li Gaofu's first wife Chen Shufang, Zheng Yutong's wife Zhou Cuiying, and many other wealthy wives in this circle.

And Wu Bing reluctantly entered this circle just to curry favor with Wu Wenying.

As for Lin Zhichao's two wives, they don't like this kind of aging circle. In addition, Tang Caiyun is a career-oriented woman, so their communication circle is higher.

On this day, Wu Bing was at the card table, once again trying to please Wu Wenying and deliberately playing cards.

Chen Shufang said quickly: "Ah Bing, it's useless for you to please my aunt. Hua Fang can't marry into the Lin family without going to college. My nephews and nieces are all like me." Just as smart, handsome and beautiful."

Yu Huafang, who was accompanying her, was suddenly ashamed and a little ashamed. She had poor grades since she was a child, so she stopped going to school after high school.

Wu Bing said sarcastically: "I didn't mean that. Mrs. Li, you misunderstood me. Hua Fang has not studied well since she was a child. She and I are so angry with her."

At this time, she was very anxious. Dafang began to gain more and more power in Wan Chengfang, especially the eldest son Yu Huancai, who had recently been entrusted with the important task of developing securities business.

Therefore, Wu Bing also hopes to find a foreign aid. She knows that Lin Zhichao has the greatest influence on her husband. Even with just one sentence, the second wife may be able to overwhelm the first wife; and if the younger daughter can be related to the Lin family, everything will be lost. No problem anymore.

Wu Wenying remained silent, pretending not to care about the matter. Although her son and daughter-in-law respected him, she did not want to make things difficult for her son and daughter-in-law when it came to her grandson's marriage.

Chen Shufang continued to smile and said: "Of course it's better if you don't, so as not to be sad in the end. Hua Fang, come here and let me take a look. Tsk tsk, you have stunning peach blossom eyes, seductive pout lips, and a young and voluptuous figure. You are in good condition. But I still won’t say it, so as not to hurt your temper!”

She is sharp-tongued but has no heart. In fact, Yu Huafang is a fox. Who in a big family wants to marry such a girl?

Yu Huafang was immediately ashamed. She was still young and did not understand the deeper meaning of Chen Shufang's words. She only took it as a compliment for her beauty.

"Thank you Aunt Shufang for the compliment!"

Chen Shufang was stunned for a moment, then said: "You girl, no wonder you are not good at studying!"

After all, Wu Bing was a young lady from a wealthy family in Suzhou back then, so she naturally understood the meaning of Chen Shufang's words, but she couldn't refute it. Among their group of wives, she was only the second wife, not to mention that her husband had the smallest career, so he could only be ranked last.

Although Yu Chengwan was a general in the Anti-Japanese War, Hong Kong is a capital society, and no one appreciates his achievements in that area. But Sir Lin took a fancy to it, and it was already his husband's blessing.

"Mrs. Lin, Mr. Lin said he would pick you up later, and he is on his way now!" Li Gaofu's nanny walked in and said respectfully.

In a short time, he attracted the flattery of several ladies.

"Aunt Ying, Zhichao really cares about you, and he came to pick you up in person at such a late hour!"

"Yes, Sir Lin is so filial!"

Wu Wenying said with a smile: "He is worried that I will hurt my body by staying up late playing mahjong. This is a reminder to me! Okay, okay, one more round, tea is almost here."

In fact, Wu Wenying has been a headache for Lin Zhichao in recent years. As she gets older, her temper has also increased. This is still a small matter. Lin Zhichao hopes that she can play mahjong properly and live more of an outdoor life. Sometimes she is scolded by Wu Wenying. pause.

She is still a mother after all. Even if Lin Zhichao is scolded, he still has to think about his mother's health and remind her from time to time not to be obsessed with 'gambling'.

An old man in a family is like a treasure. Lin Zhichao also hopes that Wu Wenying can live a long life and live into the 21st century.

After a while.

Lin Zhichao came to Li Gaofu's mansion in Shouson Hill. Li Gaofu greeted him personally. After a few words of greeting, Lin Zhichao went to Li's mahjong room.

Everyone greeted Lin Zhichao one after another and praised Lin Zhichao for his filial piety. Wu Wenying was also happy that he did not delay or blame his son for stopping him from staying up late to play mahjong.

"Lin Sheng, Hua Fang wants to work in your company, but I'm not sure if it's suitable?" Wu Bing said bravely.

Lin Zhichao listened and looked at Yu Huafang, who was Yu Sally in her previous life.

Yu Huafang stood up quickly and straightened her body.

A perfect foxy girl, with a pair of mesmerizing peach blossom eyes, extremely alluring pouty lips, and an invincible youthful and voluptuous figure.

If you shoot a romantic movie and go the porn star route, it will definitely become a hit.

Of course, Lin Zhichao dismissed this idea. After all, Yu Chengwan was also the boss of a listed company. How could he let his daughter take this path?

He asked curiously: "Why don't you go to work in your father's company?"

Yu Huafang said: "Father only lets brothers join the company, Uncle Lin!"

Lin Zhichao asked again: "What are you going to do?"

She can be regarded as a little niece. I even hugged her once when I was a child. If it was just an ordinary job, it wouldn't be a big problem. But it is obviously impossible to give special care.

Yu Huafang said quickly: "Can you go to work at Jiahe Film Company?"

Lin Zhichao said: "I'm afraid it won't work. Jiahe Company is an entertainment company. I'm afraid your father will have objections. In this way, if you go to Miramar Hotel to work as a clerk, if you want to go to the Miramar Hotel, go to my sister to arrange it. If you are quite a star, I will go and make arrangements with you. Dou Lecture, and then go to Jiahe for an interview; if you want to work normally, go to Miramar Hotel to learn from ordinary employees."

Wu Bing accepted the offer and immediately said, "Thank you so much to Lin Sheng, thank you!"

Lin Zhichao smiled and said: "Thank you for everything, it's all trivial, but let me tell you first, there are no special people in my company, everything depends on ability!"

Wu Bing immediately said: "That's what it should be, it should be!"

Afterwards, Lin Zhichao took his mother away.

On the way back, Wu Wenying sighed and said: "This Wu Bing, it turns out that he has always had an agenda!"

Lin Zhichao smiled and said: "Mom, that's what friendship is like. You use me and I use you. If you can't use me that day, then you can't have a friendship. Wu Bing's behavior is normal. If her daughter really comes to work in the company, she won't be able to use it. It doesn’t affect anything, even if you apply normally, you can still be selected, don’t think too much!”

Wu Wenying said: "As long as I don't make it difficult for you! To be honest, this Wu Bing wants to climb up our family and wants her daughter to be our son. I didn't like her at first glance. She has no education and looks like a fox. , at first glance, she cannot be the wife of a wealthy family, nor can she be a prosperous husband."

Lin Zhichao smiled and said, "Mom, you know how to read faces. It's amazing!"

Wu Wenying said proudly: "Isn't that right? Look at how good Huijun is, well-educated and virtuous in appearance. If my grandson marries her, he will ensure that his family will be peaceful and harmonious, and he will have a son soon."

Lin Zhichao nodded and said: "Huijun is indeed good. I fell in love with this daughter-in-law as soon as we met. In addition, she and Ruihuan have been in a stable relationship for many years. It is time to consider getting married next year. This is Ruihuan's birth year, so it is not easy to get married!"

Wu Wenying sighed: "My eldest grandson is already 24 years old, and I am getting old too!"

Lin Zhichao took the opportunity to say: "You are not old, but you have to listen to me and do more health-preserving things. In the future, we can live under the same roof for five generations!"

Wu Wenying gave birth to Lin Zhichao at the age of 20, and Lin Zhichao had Lin Ruihuan at the age of 21. Lin Ruihuan had his first child when he was about 25 or 26 years old. It is entirely possible for five generations to live under the same roof.

"Okay, we want five generations to live together under one roof!"

Wu Wenying was overjoyed, and regardless of Lin Zhichao trying to persuade her to stop gambling, she happily agreed. What she wants now is to protect her health and wait until her grandson has a son, and then she will have a great-grandson. If the great-grandson gets married in the future, five generations will live under the same roof.

Living to be 100 years old is definitely achievable.

That night, Lin Zhichao personally arranged for his mother to wash up and did not say goodbye until she fell asleep. When he was this age, he cherished this feeling even more. After all, his mother was already sixty-five.