YM778.TV Chapter 945 - Fu Rongqu’s mistake
Chapter 945 – Fu Rongqu’s mistake
When that professional composer walked out of the room, he had an unbelievable look on his face. Was this song wrote on the spot? How can someone write such a beautiful song like this, and it’s tailored for Joey’s voice.
Feng Yu left, as he does not want to be bothered by Fu Guangwei.
Feng Yu doesn’t know that Fu Guangwei had made the girl drunk and brought her back. He even took her virginity. After Joey woke up, Fu Guangwei refused to marry her. How can someone from the Fu Family marry a small-time singer? So, he promised to release an album for her to please her.
After that, Fu Guangwei took the opportunity to go for a few more rounds with her. He has a fetish for inexperienced girls and even ate the ‘magic’ pill for this!
Now, Fu Guangwei can finally fulfill his promise. He had invested so much effect on Joey, and before he got bored, she can be considered his girlfriend!
Fu Guangwei was still thinking about spending another night with her, when he received his father’s phone call, asking him to go to his Eldest Uncle at night. There is a family discussion today night.
Fu Guangwei was overjoyed. He can finally participate in his family’s discussion!
Fu Guangwei arrived at his Eldest Uncle’s house earlier, but he noticed the tension in the air, and everyone looked worried.
“Brother Guangxian, what’s going on?” Fu Guangwei asked softly.
“It’s about your Second Uncle and Guangzheng. They are thinking of asking the Hong Kong government to curb property speculation in Hong Kong.”
“Ah? Second Uncle’s biggest investment is in real estate, and it’s normal for him to get worried about Hong Kong’s property market. But Brother Guangzheng’s investments are mainly in a physical business. Why is he getting involved in this?” Fu Guangwei was confused.
Do they want to change the property market? Many of Hong Kong’s top property developers are influential, and many of the top 10 tycoons in Hong Kong are into the property market. Although they might not be as powerful as the Fu Family, they are formidable opponents.
Second Uncle wants to implement cooling measures for the property market, and this will affect their interest, and the Fu Family will have to face many influential families! How can he succeed?!
“Guangzheng wants to do something to impress Professor Liang’s daughter. I got to admit Professor Liang’s daughter is not bad, but he does not need to get into trouble because of her.” Fu Guangxian replied angrily.
When Fu Guangzheng was a playboy, his brother, Fu Guangxian, was worried. But after Fu Guangzheng started to work hard, he could feel the pressure. However, after Fu Guangzheng’s assets overtake his father, he was relieved.
Fu Guangzheng might become the next head of the Fu Family, and Fu Guangxian’s status in the family will also rise. But now, Fu Guangzheng and his Second Uncle had gone crazy and contacted those influential families, asking them to reform Hong Kong’s property market. This is asking for trouble!
Even if Fu Rongqi went to look for them, they might not agree. The Fu Family is not powerful enough to suppress others. If any two of those families cooperates, they can easily suppress the Fu Family!
Fu Guangwei’s cousins from his Eldest and Second Uncles’ families, joined them. They are about the same age and were very close.
Fu Guangwei could feel his cousins from his Eldest Uncle seems… to be gloating!
That’s right. These few years, Guangzheng had become outstanding and achieved good results in China. Fu Guangwei heard Fu Guangzheng’s business had expanded to Europe and had made a few billion HKD from this financial crisis.
With Professor Liang’s help, Brother Guangzheng might become the successor. But now, Brother Guangzheng had created a mess and offended many influential families in Hong Kong. This means he will not be suitable to become the next head, and Fu Guangwei’s other two cousins will stand a higher chance.
After a while, everyone arrived, and the helpers in the house are ordered to leave.
“Guangzheng, tell everyone about this incident.” Fu Rongqi looked at Fu Guangzheng and nodded.
Fu Guangzheng explained the whole situation and told everyone that he had asked a few of his friends to help implement this cooling measure.
Fu Rongqu added that he had gotten his friends to spread words. He also felt if Hong Kong’s property market is not reformed, the bubble will burst like Japan.
“Why didn’t you two discuss with me first?” Fu Rongqi asked.
This matter is not about one family’s interest. It involves the interest of many families and will make the Fu Family will have to face the rest of the influential families. It will not be good for the Fu Family’s development.
Superman Li has a lot of investments in Canada, but most of his investments are not his alone and are joint ventures with two other top tycoons. This is to lower risks, capital, and increase competitiveness.
Hong Kong’s influential families had been competing with each other, but are also partners. But after what happened this time, which influential family is willing to work with the Fu Family again?
Your Fu Family’s main business is in the retail and financial market, and we are in the real estate business. Now you want to cool the property market and lower our profits? What are you trying to do?
When they are defending Hong Kong against Soros, Fu Rongqi had become the leader, and many tycoons are unhappy with this arrangement. They felt many things must be discussed first, and not Fu Rongqi deciding on everything.
After Soros is defeated, this temporary alliance ended.
Now, everyone is fighting for themselves and had started selling their shares when the index is high. They want to make profits and resulted in many ordinary investors losing money.
The tycoons started to invest in South Korea’s financial market themselves and do not want to work with the Fu Family. They felt their profits made by Fu Rongqi were too low. These tycoons were unhappy with the Fu Family, and now, this incident happened, and the Fu Family might be isolated.
Fu Rongqu lowered his head. “I had not expected this reaction from them. They should know about the danger in our property market, and the market will not collapse for the next few years if the cooling measures are implemented. If the market collapse, they will also suffer losses.”
“Foolish! Don’t you remember what happens when Hong Kong’s property market crash previously? Many of them made use of the opportunity to buy properties at low prices and made lots of money. Do you think they are wrong not to help you get the cooling measures implemented? All of them are waiting for the property market to crash to acquire properties at low prices!”
It is those small-time property speculators who will suffer losses when the property market crash. These developers had already sold their apartments, and what losses will they incur? Recently, many of those tycoons had not bought any land parcels and had rented out most of their properties at lower prices.
Once the property market crash, they will move in. Cooling measures? This will prevent them from making money.
“Brother, what should we do now?” Fu Rongqu was feeling helpless and had not thought about the consequences. No wonder their father let Fu Rongqi be the head of the family and had never considered him. This incident showed the difference in capability between them.