Chapter 2197 2199 [Evil is rewarded with evil]

  Grand Hotel Group was originally jointly owned by the Jia family and the Liang family. Its assets include several four-star and above hotels distributed all over the world. It also holds many properties in Central, Mid-Levels, Repulse Bay and other places.

  Before the stock market crash, its market value was around 8 billion Hong Kong dollars. The actual assets are even higher than this market value.

  The reason for this is mainly because the tourism market has not been prosperous in recent years. So the big hotel business is not very good.

  In addition, the Liang family, one of the major shareholders, intends to fade out of the business, so they continue to sell in the stock market. And the Jia family also needs money for other investments, so they have been losing weight in recent years.

  Poor performance, coupled with the fact that the two major shareholders have reduced their weight and sold their stocks, the stock price of the big hotel group is naturally not high. The market value is lower than the actual assets, so it was attacked once at the beginning of the year.

   It's a pity that it was not successfully acquired at that time, so Jia's and Liang's didn't care. Now just in time for the stock market crash, the market value of the Grand Hotel Group has dropped to 3.5 billion Hong Kong dollars, and there are a large number of stocks in the market that no one is buying.

  Xiang Nan just collected them all together.

  …

  K. Wah Real Estate is also an established real estate company, founded by the Luo family in the 1950s.

  Originally very prosperous, and even once the leader of Chinese-funded real estate companies, deeply respected and feared by the industry.

   But it is a pity that in the 1980s, the first generation of the Luo family abdicated, and the second generation took over the company. Because of the chaotic business strategy, he engaged in diversified operations, and successively set foot in building materials, traditional Chinese medicine, restaurants, chemicals, entertainment, media and other industries.

   As a result, the interlacing was like a mountain, not only did not make money, but caused a large loss. Therefore, Jiahua Real Estate lost its leading position, and among the many real estate companies in Xiangjiang, it can barely be regarded as a first-line company.

  However, the bun has meat not on the folds.

  In fact, as a well-established company, K. Wah Properties holds a large number of properties in Hong Kong Island and Kowloon. Just because of its poor performance, it has not been loved by shareholders.

  Just like Liu Chan, who has always been called "A Dou who cannot be supported", but in fact, one only needs to look at his life to know that he has surpassed 50% of the emperors in history.

   Now the market value of Jiahua Real Estate is only 4 billion Hong Kong dollars, which was also taken down by Xiang Nan.

  …

   Just when Xiang Nan made a fortune from the stock market crash, news came from the report that Zhou Jisheng, a big drug lord known as a lame man, and his wife Wu Baohua, a poisonous butterfly, were shot and died on the street.

   It turned out that a large part of the money from the Baodao underground bank borrowed by Chen Wanxian came from Zhou Jisheng. Now that he can no longer sell drugs, he releases all the money to collect interest.

   Originally, it was a profitable business, but unfortunately encountered the once-in-ten-year stock market crash, and Chen Wanxian lost all his money. Chen Wanxian has also committed suicide, and he doesn't know where to go to pursue debts.

  Zhou Jisheng already had a lot of enemies, and he could raise a group of thugs to work for him. Now that he has no money, those subordinates will naturally no longer protect him.

  So Zhou Jisheng and Wu Baohua, a pair of poisonous mandarin ducks, were finally shot by their enemies, left dead on the street, and fled to **** together with Chen Wanxian.

  When Xiang Nan saw the news, he couldn't help feeling a little bit emotional.

  Zhou Jisheng and Wu Baohua committed countless poisons and did many evils. Now it is retribution to die tragically on the street.

  …

  After the stock market crash, entering December, the Xiangjiang stock market gradually recovered.

  At the end of the year, the Hang Seng Index had rebounded to 2,300 points.

  The stock prices of listed companies have also begun to rebound. Although they have not reached the level before the stock market crash, they have returned to normal levels.

  The market value of Grand Hotel Group recovered to HK$7 billion, while the market value of K. Wah Properties recovered to HK$8 billion.

  Because of the merger of the Grand Hotel Group and K. Wah Properties, IMC also holds many high-quality blue-chip stocks such as Jardine, Hongkong Land, Huifeng, HK Electric, and China Coal, so its market value has reached 40 billion Hong Kong dollars.

  After this incident, Xiang Nan's net worth also rose to 6 billion Hong Kong dollars, becoming the youngest and most promising among the super rich in Hong Kong.

  For a while, many media reported on him one after another, which made Xiang Nan's popularity increase sharply, no less than Wei Jiacheng, He Xin, Guo Yingzhong and other veteran rich men.

   It is worth mentioning that Chen Taotao also made a fortune through the stock market crash, and his net worth has exceeded 500 million Hong Kong dollars. He is one of the richest people in Hong Kong.

  …

   Entering 1988, Xiangnan launched a new development strategy.

   One is to purchase a lot of land in Chek Lap Kok, Lantau Island, New Territories and other places; the other is to purchase land along Xiangjiang Route 3; the third is to go to Shenzhen to develop the real estate industry...

   Chek Lap Kok is just a small fishing village, and has not received the attention of Hong Kong real estate developers. But in ** years, it will be announced as the location of Xiangjiang International Airport, and the land price will increase by a hundred or a thousand times;

  Lantau Island is also an outlying island, and the land here was not worth much. However, after the construction of the Tsing Ma Bridge is launched in 1992, the land on Lantau Island will also increase;

  The same is true for the New Territories. The land along Route 3 will see its value soar in the future. After all, Xiangjiang has a lot of people and little land, so sooner or later they have to live in the New Territories.

   Shenzhen launched a housing reform plan in 1988 to encourage real estate developers to come to Shenzhen to invest and build houses. With such a huge real estate market in the Mainland, Xiang Nan didn't want to miss it easily.

  …

  In January, Chen Taotao and Fang Ting officially got engaged.

  Xiang Nan was happy for them.

   "Tao Tao, my younger sister is stubborn, please be more tolerant of her." He smiled and said to Chen Tao Tao.

   "Don't worry, I will." Chen Taotao nodded. In fact, what he likes is Fang Ting's strong and brave character who dares to love and hate, which is completely opposite to his mother's character.

  His mother is a timid and indecisive woman.

  After being abandoned by Chen Wanxian back then, he didn't even dare to complain, and wanted to see him again. Bringing him to live in the African-American community, even being bullied by African-Americans, he didn't dare to stand out, and he had to rely on him as a child to protect him...

  So he dislikes this kind of woman from the bottom of his heart, but a strong and brave girl like Fang Ting who dares to love and hate, is more attractive to him.

  …

  At the end of February, Little Jewish gave birth to a healthy baby boy in Sanatorium and Hospital.

  Actually, congenital heart disease is not a genetic disease, and the probability of inheritance is only 28%, which is not high.

   Therefore, even if the little Jewish has a family history of disease, there is a high probability of giving birth to a healthy baby.

  Seeing this little baby, Xiang Nan was very happy. After discussing with the little Jew, he named him Fang Zun.

  Zun is a ritual vessel used to hold wine in ancient times. In the early days, only kings and princes could enjoy it, so it derives the meaning of honor and respect.

  Xiang Nan hoped that his son would also become a distinguished and respected person in the future.

  Seeing that the little Jew gave birth to Lin'er and spread branches and leaves for the Fang family, Sister Ling, Fang Fang, Fang Ting, Fang Min, etc. were all very happy.

   "Little Jew, you are really a hero of our Fang family." Sister Ling smiled, "Thank you so much."

   "Sister Ling, you should thank me. It wasn't my hard work that made such a good harvest." Xiang Nan laughed, and was hit by Sister Ling immediately.

  The birth of Fang Zun brought endless joy to the Fang family.

   Not only Sister Ling, Fang Fang, Fang Ting, Fang Min, etc. all came to tease her, Xiang Nan also tried his best to leave the entertainment behind after get off work every day and go home to accompany the children.

  The whole family lived happily.

  …

  (end of this chapter)