Chapter 79: Trap

Generally speaking, it is not easy to find a project that looks good on the outside but is actually a waste of money. However, it is not difficult for Wen Rongsheng. Lirong Group already has an investment company.

Investment companies essentially make money by buying low and selling high. They select a potential stock and inject funds into it in exchange for corresponding shares. If the company develops well, selling the shares is a small profit;

if the company develops better and goes public, and the stock value doubles, it is a medium profit;

and if the potential stock selected is a unicorn enterprise, the stock price will increase tenfold or a hundredfold after listing, which is naturally a big profit.

However, there are thousands of companies in the world, but only so many investment companies. It is impossible to discover all potential stocks by relying on one's own network, so most investment companies will accept self-recommendations from entrepreneurs.

If a potential stock can enter the investor's sight in a short period of time, they need to compete with several or even dozens of investment companies to invest. So the probability of discovering potential stocks from self-recommended projects is not much better than panning for gold in shit.

There are too many messy projects that have no future at first glance!

It's okay to reject projects that can be directly rejected at first glance, just put them aside after reading them.

There are more projects that Wen Yue said are beautiful on the outside but poor on

the inside. Investors are smart and it is OK if they find problems before the money is allocated. If they fail to find anything, the money invested will most likely go down the drain. Wen Rongsheng is considered to have a good vision and has many elites under him. They can skillfully avoid various problems, but they have made many mistakes in recent years.

However, among the companies he invested in, there are more than a dozen unicorn companies that made him a lot of money. Compared with the money earned from these investments, the money lost is a drop in the bucket.

And no one in the investment industry can make money all the time. If one out of ten investments can make a big profit, it can cover the other losses, and he is called a Midas Touch.

On the other hand, although it is not difficult to find projects that look good on the outside, there are not many that will fail in a short period of time and can sink Xu Meifeng's entire fortune.

At least the projects recommended by start-ups that the company received were not good. The scale was too small and the cycle was too long.

After looking around, Wen Rongsheng set his sights on the wealthy people in Hong Kong who had already made a fortune.

Although these wealthy people already have considerable wealth and their companies are relatively reliable, most of them are hollow families, and they rely on tearing down the east wall to repair the west wall to maintain the bright appearance.

Wen Rongsheng looked for a few days and decided on a resort project.

After entering the 1990s, Hong Kong citizens began to pay more attention to leisure enjoyment, which can be seen from the fact that more and more people go to the country park for hiking and picnics on weekends.

Businessmen are eager for profit, and when they see an opportunity to make money, the wealthy people in Hong Kong will naturally not let it go. For example, the Zhou family built a holiday villa on Lantau Island a few years ago.

This resort project was proposed by a wealthy man named She. He bought a piece of land in Sai Kung in his early years. It is also Beishan and the sea view, and the scenery is very good.

However, because the place is relatively remote and located in the mountains, the transportation is not very convenient, so he has never thought about how to develop the land. It was not until the leisure and vacation projects became popular in the past two years that he planned to follow the trend and build a resort on the land.

It’s just that Mr. She doesn’t have enough funds on hand, and he can’t eat such a big piece of cake alone, so he wants to invite all the wealthy people to cooperate.

Wen Rongsheng is the richest man, and he has no investment in resorts and other projects, so he naturally received the invitation.

Wen Rongsheng was quite tempted when he just finished reading the project information.

Although many resorts or hot spring villas have been opened in Hong Kong in recent years, compared with Hong Kong's population of several million, this industry is far from saturated.

As long as it is operated properly, the profit of this resort villa will not be bad after it is built. He is a businessman and naturally will not go against money.

But Wen Rongsheng asked someone to check it carefully and found that the project is a good project, but the person who proposed the project is really not reliable.

On the surface, although Mr. She's wealth is not in the top ten of the rich list, he is also a well-known figure in Hong Kong. From starting from scratch to a net worth of billions, it has nothing to do with the word "unreliable".

But people can change.

Some people can turn back from bad to good, and some people who were ambitious when they were poor indulge in pleasure after they become rich.

Not long after Mr. She became rich, he got addicted to gambling. At first, he only gambled for fun, but later he gambled heavily. After he lost all the money in his hands, he began to get money from the company under various names.

Because the company was his own, it was relatively easy to get money.

However, once the money came into his hands, he quickly lost it in gambling. The company had no money and could not operate, so it could only find ways to borrow money, and then formed a vicious cycle.

Up to now, the debt ratio of She's Real Estate has reached a very dangerous level. And the fixed assets under the name of She, including the land in Sai Kung, have actually been pledged many times.

It is because the real estate industry has been doing well in recent years that She's Real Estate can maintain its glamorous appearance.

But even if it can be maintained, it will definitely not last long. She's is now like a shabby house that is about to fall down. A little wind and rain can make it collapse.

Obviously, Mr. She is very clear about this, so he puts all his hopes on the resort. During this period, he has approached many people in the hope of attracting investment.

But those who can become rich are not fools. No matter how much Mr. She wants to whitewash the situation, it is difficult to hide the situation of She's from Wen Rongsheng and others.

What's more, he is very greedy. In addition to the land, he did not invest much, but he wanted to hold 34% of the shares. In order to control the right to speak, he limited the investment shares of other investors.

Even if we don't consider the fact that the land has been pledged many times and how much it is actually worth now, the requirement of letting a gambler who is almost bankrupt control billions of funds is something that no one with a good brain would be willing to do.

Wen Rongsheng is not a fool, so he will naturally not invest in this project, but it is still a good way to cheat people.

Although he decided to set a trap for Xu Meifeng, Wen Rongsheng did not intend to take the initiative, and at the same time he set his sights on Wen Jiaxin.

Since leaving Lirong Real Estate, Wen Jiaxin has been holding back her anger, hoping to regain her father's recognition. In the end, she was not recognized, and she was warned by Wen Rongsheng because she could not resist Wen Jiaqi's provocation.

Wen Jiaxin was very regretful and worried. She even couldn't help but doubt whether Xu Meifeng's advice to her was useful. Would she really get her father's approval if she worked in a trading company?

Because of these messy thoughts, Wen Jiaxin hated Wen Jiaqi every time she saw her recently.

But she was afraid that she would really be kicked out, so she didn't dare to show her hatred. Even when she heard Wen Jiaqi's weird words, she could only take a deep breath and tell herself to be patient for a while.

Fortunately, after several days of suffering, things finally took a turn for the better.

After dinner that day, Wen Rongsheng did not remain silent as usual, but asked Wen Jiaxin about her work situation with a friendly face, and said: "If you encounter any problems at work, you can always go to the study and ask me."

Wen Jiaxin was very excited, and smiled sincerely and replied: "Okay! Daddy!"

After saying that, she looked at Wen Jiaqi who was angry on the opposite side, and the smile on Wen Jiaxin's face became more and more intense, and the haze accumulated in her heart during this period of time was swept away.

Wen Rongsheng had spoken, so Wen Jiaxin naturally had to seize the opportunity. After dinner the next night, she went to the study and knocked on the door. After entering, she pretended to be distressed and said, "Dad, I have encountered a problem at work these days, and I don't know what to do. Can you teach me?"

"What's the problem?"

Wen Jiaxin hurriedly took the information to the desk and opened it to describe the problem. After listening, Wen Rongsheng did not directly give the answer, but guided her to think for herself.

After Wen Rongsheng's guidance, Wen Jiaxin really suddenly understood. After that, she pointed to the open document on the desk and tentatively asked her father if he planned to invest in this project.

"I have an idea, but I'm a little hesitant at the moment." Wen Rongsheng said thoughtfully.

Wen Jiaxin didn't really care about the project, but in order to stay in the study longer, she asked, "Why?"

Wen Rongsheng looked at Wen Jiaxin deeply and asked, "Do you really want to know?"

Wen Jiaxin hesitated. She felt that Wen Rongsheng's tone was quite agreeable, and he didn't seem to mind telling her the reason, but she was a little worried about making a mistake. After thinking for a while, she said, "If the project is confidential, it doesn't matter if you don't tell me, Dad."

"How can this be considered a project secret?" Wen Rongsheng rubbed his brows and said, "This project has good prospects and

will surely bring in a lot of profits if it succeeds. But Mr. She doesn't have enough funds on hand, so even with the land, he can't own many shares. And he wants to have the final say, so he limits personal investment shares." After all, Wen Jiaxin studied business, so she naturally understood what Wen Rongsheng meant and asked, "Dad, do you want to be a major shareholder?"

Wen Rongsheng did not give a direct answer, but only said, "This project is not big or small. If I can own more than 50% of the shares, it would be good to invest. Limiting the investment to 20% is too little. If there is a profit in the future, I won't get much money."

"So..." Wen Jiaxin seemed to be thinking about something.

Wen Rongsheng hummed, and said to himself: "We can contact Ah Yue's professional manager and ask him to consider investing tens of millions of dollars. Although it is not as good as buying a house in the short term, in the long run, the income from the resort should be higher than the appreciation of the house for rent."

Although he was talking to himself, the study was so quiet, and the two were not far away. Wen Jiaxin could certainly hear it, and a trace of dissatisfaction flashed across her eyes.

She didn't understand why Dad always thought of Wen Yue when he was doing good things. What was wrong with her?

But Wen Jiaxin was not satisfied, but she did not show it on her face. She asked doubtfully, "The investment in the resort is so huge. Will She be willing to accept tens of millions of dollars of investment?"

"It should be no problem." Wen Rongsheng said, "If it really doesn't work, I'll talk to him."

Wen Jiaxin gritted her teeth and kept smiling, saying, "Daddy, you are so good to my second sister."

...

Because of the conversation in the study, Wen Jiaxin tossed and turned and couldn't sleep at night.

She felt that Wen Yue was really lucky. It was okay to be born into the belly of the first wife, and Daddy was partial to her. He gave her 5% of the shares of Lirong Group when she was in her teens.

As the daughter of the richest man, Wen Yue got the 5% of the shares held by Wen Rongsheng as soon as she graduated from university, and easily rushed into the list of Hong Kong's richest people.

And she, who is already 23 years old this year, doesn't even have 5 million in savings, so she has to be frugal when buying anything.

That's fine, but her dad is always thinking about generating income for Wen Yue. When he encounters a good project that he doesn't want to invest in, the first person he thinks of is Wen Yue.

She is so rich, what is the basis for that?

Wen Jiaxin was very unwilling.

After tossing and turning all night, Wen Jiaxin had an idea.

She thought that her dad had said in front of her that if She's company didn't look down on the investment of tens of millions, he would come forward to intercede for Wen Yue. If she could raise tens of millions, but She's company didn't look down on it, and asked her dad for help, he shouldn't be able to refuse, right?

But... where would she get these tens of millions?

After two days of consideration, Wen Jiaxin called Xu Meifeng who was far away in the UK.

Xu Meifeng's first reaction after hearing this was to refuse: "How many tens of millions?! Where can I get so much money?"

Although Xu Meifeng hired a professional manager, the trading company and various real estate rental matters were handled by dedicated people, and she checked the accounts every month herself, so she didn't need Wen Jiaxin's help.

But Xu Meifeng had never been particularly wary of Wen Jiaxin, so Wen Jiaxin could roughly guess how much money she had.

Hundreds of millions might be a bit of a stretch, but 80 or 90 million was definitely there, and taking out half of it to invest was not a big deal for Xu Meifeng.

But Wen Jiaxin also knew that Xu Meifeng had always been cautious in investing, and she was more inclined to invest in real estate, because real estate is a good way to maintain its value, and even if it drops for a while, she can still earn rent and will not lose money.

So even though she has Wen Rongsheng's backing, Xu Meifeng only opened a small trading company with less than 100 employees. Fortunately, although this trading company is small, because it has a big backing, there are always people rushing to send them business. The annual profit is no worse than those medium-sized factories.

In the final analysis, Xu Meifeng's vision is still too narrow and her courage is not big enough, so she is afraid to move forward.

But Wen Jiaxin studied business, she is very adventurous, and believes that if you don't make progress in the business world, you will fall behind. They are now backed by Wen Rongsheng, so it doesn't matter whether Xu Meifeng's business makes a lot or a little. But what about

after Wen Rongsheng's death?

It's good that she can inherit the Wen family. What if it is Wen Yue who inherits the Wen family, will there be a place for them and their daughter in Hong Kong in the future? It is better

to take a chance now than to be beaten passively.

If she succeeds, it will be better if she can inherit the Wen family in the future. Even if she fails, she will not fall out of the upper class circle quickly with money in her hands.

Xu Meifeng doesn't like to listen to Wen Jiaxin's words. It's too much to let others' ambitions destroy her prestige. Besides, how can she be willing to fail after so many years of hard work?

But when she heard Wen Jiaxin say that Wen Rongsheng thought this project was a sure win and planned to let Wen Yue invest, Xu Meifeng hesitated.

She was cautious in investing because she was timid and afraid of losing money, but if this project was really as sure win as Wen Rongsheng said, what was she worried about? Wouldn't it be stupid to leave money and not make money?

After some hesitation, Xu Meifeng asked, "How much do you want?"

Wen Jiaxin said carefully, "It should be at least 50 million. I heard from Daddy that the total investment in this project is 1 billion, and other investors all start with 100 million. It will definitely not be good if we invest too little."

Xu Meifeng's cash and fixed assets combined did not even amount to 100 million. She was reluctant to pay more than half of the money at once, so she said, "Let me think about it again."

Wen Jiaxin did not force Xu Meifeng to give an answer immediately, and said, "Okay, Mommy, you think about it for a few days, and I will ask Daddy about the situation."

The mother and daughter agreed on the division of labor and cooperation. The next day, Wen Jiaxin went to find Wen Rongsheng and said that she had let slip when she talked to Mommy on the phone yesterday. Mommy was very interested in the resort project of She's Real Estate and asked her to ask him about the details.

Although Wen Rongsheng felt that he had made a mistake in seeing Xu Meifeng's true face, he still understood her style in daily life.

For example, if Xu Meifeng was really interested in the resort project, she would definitely call him herself instead of asking Wen Jiaxin to insinuate it.

But Wen Rongsheng didn't care who was interested in the resort project between the mother and daughter, as long as the result was the same.

He would not feel guilty for taking advantage of Wen Jiaxin.

Although he was wary of Wen Jiaxin and her sister and hesitated whether to be ruthless to Xu Meifeng, he would definitely let Wen Jiaxin and her sister cut off their relationship with Xu Meifeng after she went to prison. After

all, it was not good for them to have such a mother. After

reading the information, Wen Jiaxin wanted to join the investment even more urgently.

It's not that Wen Jiaxin is short-sighted and can't see the problem, but this project is really good, and the location of the land is really good. Just look at how prosperous the Zhou Family Resort is. It's impossible for this resort to do bad business after it opens.

If it weren't for this, Wen Rongsheng wouldn't be tempted.

The bad thing about this project is that the person who proposed the project is unreliable, and he holds the land and the right to speak. If you want to invest, you can only listen to him.

If Mr. She really wants to save the situation, it's fine. But what if he relapses after the funds are deposited and goes to gamble again? The money is in his pocket, and it's up to him to decide how to use it.

Wen Rongsheng will not trust a gambler, but there are many people in the world who are willing to trust gamblers.

So less than a month after Wen Rongsheng rejected Mr. She, he had already secured half of the investment. When Wen Rongsheng took the initiative to approach him, he put on airs.

When he heard Wen Rongsheng say that he did not intend to invest, but his daughter was very interested after hearing about it and wanted to invest tens of millions to make some pocket money, Mr. She was even less interested.

Wen Rongsheng persuaded him, saying that they were not doing a one-shot business. Although he was not interested in the resort project this time, if he could really make money, Mr. She could look for him again if he wanted to invest in other projects in the future.

In addition, he had invested in many projects in the mainland in recent years, with a good rate of return. If Mr. She had sufficient funds, they could cooperate again.

There were many people in Hong Kong who wanted to cooperate with Wen Rongsheng. It was easier to make money by leaning on a big tree!

Although Mr. She is a little famous, he cannot compare with the rich man of Wen Rongsheng's level. Now that he has the opportunity to hook up with the richest man, he is naturally willing.

Wen Rongsheng also said that if he really doesn't like the investment of 50 million, he can go back and talk to Wen Jiaxin and ask her to take out some more money to make up 100 million.

The total investment of Mr. She's resort is only 1 billion. If Wen Jiaxin can really invest 100 million, it is really not a small amount.

He sighed in his heart after hearing this, thinking that Wen Rongsheng is worthy of being the richest man. A daughter can easily take out 100 million for investment, which is more generous than him.

But he didn't expect that this 100 million would also make Xu Meifeng empty her family's coffers.

Xu Meifeng was a little unhappy when she heard Wen Jiaxin asked for so much money. She was originally a conservative person. She was already very nervous when she had to invest half of her wealth. But after just a few days, the investment amount rose to 100 million. How could she be willing?

But Wen Jiaxin was already in high spirits. She had long been tired of the life of having to pay a smile every day in the trading company. She dreamed of doing big projects.

What is the most profitable thing in Hong Kong now?

Of course, real estate!

It was a pity that she failed to seize the opportunity after joining Lirong Real Estate and was kicked out after less than a month. Although Daddy has been a lot kinder to her recently, he still didn't let her go back.

Wen Jiaxin thought that if she could participate in the resort project, it would definitely add color to her resume after it became profitable, and it would definitely be easier for her to return to Lirong Real Estate at that time.

Wen Jiaxin felt that this was an opportunity and she didn't want to miss it.

She persuaded Xu Meifeng, saying that if she could inherit the Wen family, what would the 100 million mean? You can't catch a wolf without risking your child, so you have to take a gamble when the time comes.

On the one hand, Xu Meifeng felt that the risk was too great, and on the other hand, she felt that she had done so much for the Wen family's property, how could she retreat at the last minute?

She made up her mind and agreed to this matter.

However, the total amount of fixed assets and cash in Xu Meifeng's hands was less than 100 million. If she wanted to make money, she would naturally have to sell all the properties. To sell the house, she would have to return to Hong Kong.

So, Xu Meifeng, who originally planned to spend the New Year with Wen Jiayi in the UK, returned to Hong Kong a few days before the Spring Festival.

...

Just like when Wen Jiadong and Wen Jiaxin came back, Wen Rongsheng also called Wen Yue on the day Xu Meifeng came back and asked her to come home for dinner.

In fact, after knowing Xu Meifeng's true face, Wen Rongsheng no longer had any feelings for this person, only resentment and anger. But he had to act the whole way. Since he wanted to set a trap for Xu Meifeng, he couldn't show it too obviously before she took out the money, otherwise it would arouse her suspicion and it would be very likely that he would fail.

Wen Rongsheng was naturally good at acting. He had been in the business world and had been deceiving and flattering with people before, so he was more than enough to deal with Xu Meifeng.

In the past years, he was fooled by Xu Meifeng, not because he was stupid, but because he never doubted the people around him. Now that he knows Xu Meifeng's true face, he will certainly not be fooled again.

Wen Yue also plans to have this meal.

Xu Meifeng is a key figure. The death of Wen Kai and the loss of Wen Jiadong's fertility, these two major events concerning the inheritance of the Wen family are related to her. Wen Yue must go to see her.

After work that day, Wen Yue asked the driver to drive to No. 36 Barker Road.

When she arrived at the door, she happened to meet Yi Huai. The couple greeted each other, and she took his arm and walked in together.

Unlike every time I came to the Wen family before, when there was tension between Wen Jiaxin and Wen Jiaqi, today the Wen family's living room was full of joy. Chen Baoqin and a middle-aged woman sat next to each other, talking and laughing. If you didn't know them, you might think they were sisters.

Wen Jiaxin and Wen Jiaqi were used to being at odds with each other. They sat far apart from each other, and whenever their eyes accidentally met, Wen Jiaqi would roll her eyes fiercely.

Hearing the noise, the four of them turned their heads.

The middle-aged woman, Xu Meifeng, was the first to stand up and walk over, saying with a smile, "A Yue and Yi Sheng are here? It's been a long time since we last met. A Yue is getting prettier and prettier."

As she spoke, she turned to look at Chen Baoqin, as if she wanted to get her approval.

Chen Baoqin naturally didn't like Xu Meifeng in her heart, but the two had been fighting for so many years, and they knew each other very well, so she easily saw what Xu Meifeng meant, and couldn't help rolling her eyes like Wen Jiaqi.

But Wen Jiaqi rolled her eyes openly, while Chen Baoqin rolled her eyes in her heart, wondering if Wen Yue would be willing to pay attention to you? She is acting like an elder here.

But she said in a friendly manner: "It is said that Ah Yue and Yi Sheng are a perfect match."

"More than that, I heard in England that Ah Yue has managed Lirong Department Store very well and is now the president?" Xu Meifeng looked really happy for Wen Yue and said with a smile, "With Ah Yue here, Rongsheng finally doesn't have to worry about successors."

Chen Baoqin's face stiffened slightly after hearing this. Although she had been telling herself to keep a calm mind after Wen Jiadong lost his fertility, and that her children were unreliable, she would just save more money herself. If Wen Rongsheng really died one day and the Wen family fell into the hands of others, she could still live a good life.

But her son lost 40 billion!

How could she keep a calm mind with so much money! Every time she thinks about it, she can't help but have a heart attack!

Hearing Xu Meifeng's words again, Chen Baoqin felt even more heartbroken, but she also knew how to pretend. She kept smiling and said, "Indeed, although Jiaxin went to a prestigious school and studied business, her talent for business is not as good as Ayue's. Looking at their performance after entering the company, it's no wonder that Rongsheng values ​​Ayue so much."

As Chen Baoqin's voice fell, her expression stiffened and turned to Xu Meifeng.

Wen Yue didn't care about the confrontation between the two. As soon as she entered the door and saw Xu Meifeng, the system prompt of melon rang in her mind.

She was doing two things at the same time and eating melon with the system.