Font
Large
Medium
Small
Night
Prev Index    Favorite Next

Chapter 4 Disease onset

Time goes back to January 26, 1974.

This afternoon Lei Yunrong accompanied Lei Juehua back from visiting the Hu family.

The Hu family is the Hu family of Hu Yingxiang. He is the founder of Hehe Industrial and an important customer of Kowloon Construction.

Hehe Industrial has been involved in real estate in Xiangjiang since the late 1950s. Before the stock market crash, it was the most powerful Chinese real estate company in Xiangjiang.

At that time, there were five outstanding real estate companies in Hong Kong, known as the "Five Tigers", and Hehe Industrial was the leader of the five tigers.

Hehe Industrial was listed in 1972, the busiest time of the stock market. The situation was originally very good and there was plenty of money in hand.

But there are unforeseen circumstances.

When the stock market crash occurred, one of the triggers was stock fraud, and the first person to discover the stock fraud was Hehe Industrial.

Hehe Industrial was immediately ordered to suspend trading by the stock exchange for investigation. After trading resumed, the stock price plummeted.

In fact, now is not the worst time for Hehe Industrial.

By the end of 1974, that is, the end of this year, Hopewell's stock price fell to 0.65 yuan, down 97% from its peak.

Suffering from this blow, Hopewell's net profit in 1974 was only 21.79 million yuan, a sharp drop of 64%. Although it gradually recovered in subsequent years, it was not until 1979 that it surpassed the 1973 level.

But this is only exceeded in terms of data. From 1973 to 1979, the Hong Kong dollar has been depreciating.

Although Hehe Industrial has suffered this blow, a emaciated camel is bigger than a horse, and Hehe Industrial still cannot be underestimated.

In addition, the Lei family and the Hu family have been friends for ten or twenty years, and Lei Juehua and Hu Yingxiang also have a very good personal relationship.

So every year the Lei and Hu families move around.

Lei Yunrong also respected Wu Yingxiang, not only because the two families were family friends, but also because Mr. Hu was also a patriotic Hong Kong businessman.

After emerging from the gloom under his leadership, Hehe Industrial has entered into rapid development since 1980.

But his investment focus has slowly shifted to the mainland.

What's more important is that what Mr. Hu invests in the mainland is infrastructure projects that require large investment and slow results.

Mr. Hu took the lead in investing in the Guangzhou-Shenzhen Expressway. The construction of this expressway greatly promoted the economic development of eastern Guangdong Province.

But many people were not optimistic about it at the time.

This also reflects the value of Mr. Hu’s investment, and good people are always rewarded.

At that time, no one thought that China would develop so fast, and no one thought that Pengcheng would become a miracle in the history of world cities.

The Guangzhou-Shenzhen Expressway has become an economic artery in eastern Guangdong, which has brought Mr. Hu huge rewards.

Mr. Hu was also commended by the Pengcheng Party Committee and Government in 2020 as an "Innovative and Entrepreneurial Figure and Advanced Model Figure in the 40th Anniversary of the Establishment of the Pengcheng Special Economic Zone."

However, this is only a typical investment of Hehe Industrial in the mainland, and there are many more investments in the mainland.

However, these infrastructure investments do cost a lot, so Hehe Industrial spends less energy in Xiangjiang.

Let Hehe Industrial be gradually surpassed in Xiangjiang.

Moreover, Mr. Hu is relatively low-key, so his name is not well known.

Now that the relationship between the Lei family and the Hu family is so good, Lei Yunrong is quite happy.

What's more, Wo Hop Industrial's subsequent development is also good, and it has completed many real estate projects such as Hongli Garden, Tung Wai Building, Tsuen Wan Garden, and Telford Garden.

At the same time, there is also the most important project, Hehe Center.

Hehe Center is located in Wan Chai. After its completion, it became the tallest building in Hong Kong. Moreover, this building was designed by Mr. Hu himself.

If Kowloon Construction can take over this project, its strength will definitely grow rapidly.

Of course this is also something in the future.

Things at home are still a bit messy right now.

When real estate was at its hottest in 1972, Lei Juehua was not willing to be just a builder and wanted to get involved in real estate development.

This is what he thinks and what he does.

At that time, Lei Yunrong also tried his best to dissuade him. However, Lei Yunrong had just returned from London, and Lei Juehua did not comment on his dissuasion.

Fortunately, Lei Yunrong was Lei Juehua's son, so I listened to what he said.

But he still spent nearly 30 million to buy 30 acres of industrial land in Kwun Tong.

It was a big deal from the beginning, I really don’t know if it was because of my courage or my big heart.

This almost drained the liquidity in Kowloon A&E's accounts.

Originally, Lei Juehua would be more radical and planned to mortgage the shares of Kowloon Construction and buy a piece of residential land.

Only after Lei Yunrong's strong persuasion did he give up.

Then the stock market crash hit, and real estate was in a state of decline, which scared Lei Juehua into a cold sweat.

However, the industrial land purchased for nearly 30 million yuan suddenly suffered a loss of nearly 20%.

This is better for industrial land, and some residential land has suffered a 50% loss.

This loss is a loss, at least there is still a piece of land that is visible and tangible.

What worries people is the company's operational problems.

After the stock market crash broke out, Kowloon Construction couldn't even pay its employees' wages. It was Lei Kwok-wa who used his own money to make up for the loss, which prevented Kowloon Construction from shutting down.

However, after the stock market crash, real estate also entered a trough, which made Kowloon Construction's business not very good.

Therefore, the company's affairs have always troubled Lei Juehua.

Lei Yunrong didn't have many good options for this, so he could only persevere.

And Lei Yunrong knew that it would take more than half a year for the situation to gradually improve.

Watching Lei Juehua go from chatting and laughing at Hu's house to frowning as he sat back in the car, Lei Yunrong felt bad.

Lei Juehua let out a long sigh and sat in the back seat with his eyes closed to relax.

Lei Yunrong couldn't help but said:

"Dad, actually real estate is not easy to do. We can enter other industries."

"It's not that easy. Now under the big stock market crash, it's difficult for all walks of life."

Lei Yunrong actually wanted to say that I know which industry is good to work in.

But Lei Yunrong knew that after the stock market crash, Lei Juehua was a little nervous and overly cautious.

Now he only thinks about protecting Jiulong Jianye from anything happening.

And under such a general background, even if Lei Yunrong said that he could break the sky, Lei Juehua would not trust Lei Yunrong to take charge of his own affairs.

So Lei Yunrong could only remain silent.

The whole journey was silent.

When he returned home and got out of the car, Lei Juehua stepped lightly and almost fell down.

Lei Yunrong immediately stepped forward to hold Lei Juehua's arm.

"Dad, are you okay? Do you want to go to the hospital for a checkup?"

"No, maybe I'm too tired these two days and it's not a big deal."

"Dad, it's better to go to the hospital for a checkup. Your health is in serious condition."

Since Lei Yunrong's grandfather and mother passed away, Lei Yunrong has been very sensitive to physical problems.

So at that time, Lei Juehua went to the hospital for a full-body physical examination at Lei Yunrong's strong "request".

And the physical examination did reveal some problems.

Lei Juehua suffered from heart disease. His specific academic name was Lei Yunrong. He did not know it. He only knew that he might have suffered a sudden myocardial infarction, that is, a myocardial infarction.

This shocked both Lei Juehua and Lei Yunrong.

So I would go to the hospital for check-ups every year and always keep Suxiao Jiuxin Pills at home.

Now whenever Lei Juehua has any physical disturbance, Lei Yunrong becomes very nervous.

Because Lei Yunrong was afraid that he would no longer be able to bear the pain of losing his loved ones.

"No, it was the same thing years ago. The doctor said I was too tired when I went to check up."

Unable to defeat Lei Juehua, Lei Yunrong helped him back to the living room.

Seeing that Lei Juehua didn't seem to have much of a problem, Lei Yunrong went upstairs to take a shower.

When he came out of the shower, Lei Yunrong saw Lei Juehua reading a newspaper at the railing.

When Lei Yunrong was wiping his hair and about to go downstairs, he suddenly saw Lei Juehua lying straight on the sofa.

Lei Yunrong was a little confused at first, not knowing what Lei Juehua was doing.

But within two seconds, Lei Yunrong realized what had happened.

"dad!"

Lei Yunrong shouted unconsciously and immediately ran down the stairs.

When he came to Lei Juehua's side, he saw that Lei Juehua's face turned blue-grey and his right hand was tightly covering his chest.

Lei Juehua immediately laid his body flat on the sofa and went to the room to find Suxiao Jiuxin Pills.

Running and shouting:

"Mama Liu, call St. Paul's Emergency Center quickly."

But when he got the medicine, he found that Lei Juehua was unconscious.

Lei Yunrong suddenly felt numb all over.

Lei Yunrong quickly fed the medicine with difficulty with hands that were trembling with nervousness.

After that, Lei Yunrong could only wait for the ambulance to arrive.

Only then did Lei Yunrong realize that he could not do anything in the face of a serious illness.

Fortunately, the ambulance came quickly, and St. Paul's Hospital in Causeway Bay arrived in less than half an hour.

When Lei Juehua was sent to the operating room, Lei Yunrong collapsed.

Holding on to the wall, he slowly sat down on the chair in the aisle.

After slowly calming down, Lei Yunrong had the energy to think about other things.

After thinking for a long time, Lei Yunrong felt that he still had to tell his second uncle about his father's situation.
Chapter completed!
Prev Index    Favorite Next