Extraordinary Genius - Chapter 534 – Because he is investing
At 3 pm in the afternoon, all of them set sailed to return. Feng Yu and Li Na had a seafood feast on board the yacht before returning. Seafood tastes better when it was caught by themselves.
The next day, Feng Yu brought Li Na to some places of interests in Hong Kong. At the same time, Li Zekai called Fu Guangzheng out.
“Guangzheng. Over here.”
“Young Master Li, why are you so free to ask me out for lunch today? Shouldn’t you be busy with your new company?” Fu Guangzheng sat down opposite Li Zekai.
“No matter how busy I am, I should still dine with my friends. Oh, yesterday when I was out at sea, I saw your family’ yacht. I thought you were on board, but it turns out to be Mr. Feng.” Li Zekai pretended to be nonchalant about it.
“Oh, you have met Feng Yu? Brother Feng is my good friend. His girlfriend had come over from China for a holiday, and I lent him the yacht. Have you spoke to him?” Fu Guangzheng asked.
“We chatted for a while and had a BBQ lunch. Is this Mr. Feng your business partner in China?”
Fu Guanzheng nodded: “My first investment in China is with him. Later on, I joined him to invest many other investments.”
Li Zekai was thinking in his heart. That Mr. Feng was really that wealthy Manager Feng.
“Among our fellow Hong Kong businessmen, your investments in China should be considered the highest?”
“I am not too sure about this. There should be some businessmen who had invested the same amount as me. But there should not be anyone who earns more than me.” Fu Guangzheng said proudly.
The returns of Fu Guanzheng’s investments in Feng Yu’s businesses were more than 10 times his capital. If he counts the money he made from the sales company in Hong Kong, his profits were even higher.
When Fu Guangzheng just met Feng Yu, he does not even have 10 million. Now, he can easily amass 100 million.
At that time, Fu Guangzheng was envious of his elder brother because he was more successful, and his father liked him more. But now, his own assets were on par with his father and had exceeded his elder brother a long time ago. He was confident he will surpass his father within 3 years.
It was very rare for someone at his age in Hong Kong to amass his fortune. The only ones were the eldest sons of those influential families.
Just look at Li Zekai. He was the second son of Superman Li, and the company he set up was only worth tens of million HKD. His wealth was nowhere near Fu Guangzheng.
Li Zekai heard Fu Guangzheng’s bragging, and his eyes narrowed. All of Feng Yu’s businesses were profitable. From Fu Guangzheng’s wealth to estimate, Feng Yu’s shares should be at least 3 times more than Fu Guangzheng. That means Feng Yu’s assets were now at least over 3 billion HKD?
How old was that Feng Yu? 20? He was so young and had already accumulated so many assets?
Li Zekai did not know that Feng Yu’s assets were more than what he estimated. Just Feng Yu’s assets in Japan was worth a few billion HKD. Feng Yu still has assets in Russia and the US. When the Sixth Sense Company was listed, his wealth will increase further!
“That Manager Feng is really capable. Who is his father?” Li Zekai asked.
“Senior Mr. Feng? I had only met him a few times. His father is a farmer.” Fu Guangzheng was puzzled. Why was this Li ZeKai asking about Feng Yu?
Farmer? Feng Yu’s father owns a big farm? But does China have those large farms? The Chinese government was the one assigning the land to the farmers. How can he own a big farm?
“Young Master Li, what are you thinking?”
“Oh, nothing. Feng Yu’s father should have given him a large sum of money to start his business, right?”
“I heard that his father had not given him money. Feng Yu had made all his money by himself.” Fu Guangzheng frowned. Feng Yu’s father was just an ordinary farmer and was equivalent to the Hong Kong farmers in the outskirts. How much money will a farmer have? Also, he had chatted with Feng Yu’s father before. It seems that Senior Mr. Feng does not know how to do business.
“He made all his money himself? What did he do to make so much money?” Li Zekai could not believe his ears. Was there really so many opportunities to make money in China?
“Feng Yu is into a lot of businesses. There are some that you surely know. He owns the patent of VCD technology. Both the VCD players brand in the market belongs to him. Also, you should know that I have a Hong Kong Aiwa company here. That company is a joint partnership with Feng Yu. He still owns the bladeless fans, humidifiers, etc. Oh, he also owns the second-best selling pager brand in China currently. He also has motorcycles, cars, agriculture machinery manufacturing businesses. I think he still has a beverage business and some medical products. I did not invest in these businesses.”
“The profits of all these products are very high?”
“I am not too sure. But I know he had made quite a large sum from the bladeless fans, humidifiers and the learning machines as I was the one exporting those products to overseas. Most importantly, it was the patents he owns. He had almost monopolized many markets.” Fu Guanzheng said.
“Young Master Li, why are you asking about all these?” Fu Guangzheng realized that something was off. Li Zekai had called him out for lunch and why was he kept asking about Feng Yu?
“Mr. Feng wants to invest in my company. Pacific Century Group!” Li Zekai did not hide from Fu Guangzheng.
Fu Guangzheng’s eyes opened wide: “Young Master Li, are you sure you are not joking with me? Feng Yu wants to invest in your Pacific Century Group?”
Li Zekai became nervous when he saw Fu Guangzheng’s expression: “Guangzheng, what’s wrong? Are there any problems? Tell me!”
“Anything wrong? No. I have a question. Young Master Li, can you also let me invest in your company?” Fu Guangzheng looked at Li Zekai seriously.
Li Zekai opened his mouth. What’s happening? Fu Guangzheng wants to invest in my company? Although he does have the intention of asking Fu Guangzheng to invest, he had not said anything yet.
“Guangzheng, why do you want to invest in my company?”
“I cannot invest? How about exchanging shares? I still own some Hong Kong companies’ shares. I can let you pick one of them and exchange with you?”
“No, that’s not it. Guangzheng, why do you want to invest in my company?”
“Because Feng Yu wants to invest in your company.” Fu Guangzheng replied confidently.
Because Feng Yu wants to invest? What reason was this? Just because someone else was investing and you want to invest? You do not even know what my company is dealing with and you want to invest?
Why are you so confident about Feng Yu’s decision? Then if you know that Feng Yu wanted to invest in my company without asking much details, will you still invest?
“Just because of this?”
“Yes. Young Master Li, I had my doubts when I heard you are setting up a technology company. Everyone was saying that you might not succeed. But now, I am sure you will succeed!” Fu Guangzheng confidently said.
“You think I will succeed?” Li Zekai was overjoyed. He had finally found someone who believes in him!
“Actually, I trusted Feng Yu. He had never made any loss with his investments. Not even once. All of his investments had high returns! Since he wants to invest in your company, that means your company has high potential. I had missed several opportunities. I must not miss it this time. Young Master Li, how about it? Please consider letting me invest in your company. I can also exchange shares with you.”
Li Zekai could not believe his ears. This Fu Guangzheng was considered one of Hong Kong’s best businessman in their generation. He was not considered young too. Yet, he was full of respect for that Feng Yu!
Seems like he needs to carefully consider about Feng Yu’s investment into his company.