Rebirth 1983: Building My Business Empire-Chapter 189 - 178 Domination
Chapter 189: Chapter 178: Domination
Chapter 189 -178: Domination
Su Heyuan drove to the car park of a restaurant in Tsim Sha Tsui and then got a private room. As soon as they sat down, Su Heyuan said, “You mentioned you want to hold sixty percent of the shares, explain your reasons.”
Lu Jiaxin replied, “The core of a clothing factory is the fashion designer, you can’t deny this, right?”
Su Heyuan naturally didn’t deny it and replied, “Didn’t you say inspiration can be hit or miss? And besides, aren’t you more skilled in designing shoes, not clothes?”
Lu Jiaxin smiled and said, “What I’m truly skilled at is designing clothes. I just thought the market for shoes was untapped last year. Su Heyuan, holding twenty percent of the shares as the chief designer of the new company isn’t too much, is it?”
Su Heyuan replied, “Twenty percent is too much, ten percent at most.”
Lu Jiaxin spoke indifferently, “If you’re unwilling, then forget it. It’s better for you to accumulate capital and start a business on your own. Besides, I’m not keen on partnering with friends to start a company. Once there’s a dispute over philosophy or benefits in the future, you can’t even remain friends.”
Once she got into university, she planned to open a clothing factory and hire professionals to help run the company. She was very familiar with the operation of a clothing factory and wasn’t going to be fooled. Of course, partnering with Su Heyuan was also an option, starting to make money a year earlier.
Su Heyuan wanted to partner with Lu Jiaxin in business because first, she had design talent, and second, the girl had extremely good financial luck. However, his plan was to have himself as the main party and Lu Jiaxin as the secondary one.
Seeing him troubled, Lu Jiaxin chuckled and changed the subject, “When I bought Amigo, did you follow and buy some too?”
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When he heard this, Su Heyuan’s thoughts were pulled back, and he looked at her with a complex expression, “I did follow and buy, but I didn’t have that much cash on hand, only bought two hundred thousand shares.”
Lu Jiaxin’s subsequent payment from selling shoes amounted to five hundred and forty-eight thousand, which, after conversion to Hong Kong Dollars and deducting fees, was just over one million five hundred thousand. Following her request, she bought shares of New World Development, which rose by more than thirty percent within half a year. Last month, after she went back to Hong Kong, she called him out of the blue to sell the New World Development shares to buy Amigo instead.
At that time, Amigo’s share price was only 0.82 Hong Kong Dollars per share, a losing investment under those circumstances. But Lu Jiaxin insisted and so he complied. Unexpectedly, less than half a month after he bought the shares, Amigo’s stock price skyrocketed. It wasn’t due to a sudden market improvement, but rather a power struggle among the shareholders. Da Liu, one of Amigo’s shareholders, had cashed out and reduced his holdings a few months previously, resulting in a bad market last month, with many stock prices falling, including Amigo’s. Taking advantage of this, he began to purchase a large quantity of shares. It was evident that his goal was to retake control of Amigo. The company’s current major shareholders and executives naturally did not want to let him succeed, so they also began to buy back shares on the market at high prices, which was why the stock price was driven up.
With Lu Jiaxin’s consent, Su Heyuan sold the shares to Da Liu at 1.75 Hong Kong Dollars each. Between buying and selling, Lu Jiaxin made two million. Her assets had grown from one million five hundred thousand to four million in just half a year. Her money had doubled after a round through the stock market in such a short period, a fact that made Su Heyuan envious.
Lu Jiaxin said with a smile, “That’s also more than two hundred thousand earned, enough for a year’s living expenses.”
A smile appeared on Su Heyuan’s face, “Su Hexu bought over three million in stocks last year, and now he’s left with just over one million. The old master praised me after learning that I made money from stocks, saying I have his former spirit. Su Hexu has grown even more jealous of me after hearing that.”
At this point, Su Heyuan continued, “Now that you have arrived in Hong Kong, it’s time I paid you back. Later, I will introduce you to a stockbroker. You can just instruct the broker when it comes to buying and selling stocks.”
Lu Jiaxin glanced at him and responded, “I am only sixteen years old. According to the requirements of the securities companies, one must be at least eighteen to open an account.”
Su Heyuan had already thought of this, “Don’t worry! With four million, you’re considered a major client by the securities company; they’ll sort out this small issue for you. Jiaxin, Hong Kong isn’t like the Mainland; they understand how to be flexible.”
To them, making money is what matters most. Besides, it’s just about opening an account, not anything illegal, so they won’t have any qualms.
“Are you sure there won’t be any problems?”
There was indeed a small issue, which was that a legal guardian needed to sign. Su Heyuan said, “Madam Guh knows about the huge sales from your shoe designs; she’ll sign.”
Lu Jiaxin didn’t actually want Gu Xiuxiu to find out so quickly that she was trading stocks, but she couldn’t keep asking Su Heyuan for help indefinitely either. It was fine for now since the amounts involved were small, but if it went up to tens of millions or even hundreds of millions, she wouldn’t feel comfortable leaving it with him. Moreover, using this as a test of loyalty was really unnecessary.
She nodded and said, “I’ll talk to her tomorrow, and we’ll get this matter settled the day after.”
“Alright, I’ll have the broker sell all the shares tomorrow, and then the money will be transferred into your bank account. By the way, you also need to open a bank account.”
Lu Jiaxin said with annoyance, “You don’t need to tell me that, I’m going to the bank to open an account tomorrow.”
Opening a bank account still required a guardian’s signature. Sigh, these are the troubles of being a minor. Thankfully, in two more years, she would be eighteen and wouldn’t have to get a guardian’s signature anymore.
After they finished discussing business, Su Heyuan rang a bell, and soon a waiter knocked on the door and entered. Su Heyuan expertly ordered three dishes and a soup. After the waiter left, he said, “Next time, I’ll treat you to Western cuisine.”
Lu Jiaxin’s mouth moved faster than her brain: “No thanks.”
Having lived abroad for five years had instinctively made her averse to Western cuisine—she had really had her fill of it. Now that she was back in her home country, she would never go for Western food unless it was necessary. Foie gras, caviar, Italian pasta—she avoided them all.
Seeing her unable to hide her aversion, Su Heyuan couldn’t help but laugh out loud, “It seems like you’re like me; you don’t like Western food either.”
“I’ve tried it; it’s incredibly unappetizing.”
In fact, Su Heyuan didn’t like Western food either, but he thought that in order to fit into this circle, one needed to conform. “Jiaxin, even if you don’t like it, you have to eat it. Western cuisine is associated with elegance and taste. If you don’t know how to eat Western food, people will think you’re a bumpkin and won’t accept you,” he said.
Lu Jiaxin was quite disdainful of this theory and replied, “Chinese and Western cuisines simply represent different dining preferences. To elevate that to a matter of taste is just sucking up to Westerners. When our ancestors were enjoying all kinds of delicacies with chopsticks and soup spoons, they were still living savagely, barely different from wild beasts.”
Su Heyuan was a bit surprised, “I didn’t expect you to have such a good understanding of Western culture,”
In the past years, books from abroad were considered banned, and very few people had access to them. Not many knew the history of Western development unless they, like him, had specifically sought it out.
Lu Jiaxin said, “Now that Hong Kong is still under British control, naturally I would want to understand their history. I’ve also taken the opportunity to learn a bit about other countries.”
Talking about this, Su Heyuan couldn’t help but laugh, “Do you know why Su Hexu and his son are reluctant to open factories on the Mainland?”
“Are they afraid the Mainland’s policies might change?”
Su Heyuan explained, “That’s not all; they’re worried that with Hong Kong’s impending handover, the company might be nationalized, so they’re considering transferring their assets to Australia.”
“What does your old man think?”
Su Heyuan shook his head and said, “He hasn’t made his position clear. But considering he scammed quite a few people on the Mainland when he was younger through speculative trading, I suspect he will likely emigrate.”
