The death of a legendary speculative tenant
Recommendation number: modern middle class
the Causeway Bay Typhoon Shelter is full of poison gas on private yachts. Child prodigy Hui glanced at Hong Kong in a trance. Under the high-rise buildings are white bones.
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his name is hidden in the information corner of an unknown website and is classified as star news.
beside the name, there are legendary dragon slaying knives and video chat room advertisements.
people who enter by mistake will hastily close the page. Few people will pay attention to "Law Zhaohui", and even less people know that this was once the brightest name in Hong Kong.
in 1978, 14-year-old Lo Siu-fai came alone to Chungking Mansion in Tsim Sha Tsui and stepped onto the most chaotic stage in Hong Kong.
he just dropped out of St. Joseph's English High School on the grounds that his classmate falsely accused him of stealing a shirt and the teacher was partial and he dropped out of school angrily.
Chongqing Mansion at that time was not yet famous for Wong Kar-wai's films. Thousands of tenants from more than 100 countries live in dark buildings, transpiring the most authentic Hong Kong flavor.
brokers in suits spit and prostitutes with dishevelled hair lean against the door and smile. At night, Gu Qizai rides a ladder with a gun, and the barrel of the gun reflects in blue, telling you what is meant by "a mixture of dragons and snakes."
Luo Zhaohui curled up on a bed in this dark forest, with only tomorrow's livelihood on his mind.
he has worked as a security guard, a salesman and a handyman. "as long as he has the money to eat, he can do anything." By the age of 14, he was able to speak broken English to stop foreigners and help prostitutes in the building.
he struggled to survive in the muddiest places of the rivers and lakes, and was at ease with the three religions and nine streams.
once, he ordered a suit for a real estate agent. He was envious when he saw that the suit was straight, and then began to pay attention to the real estate industry.
in 1985, 21-year-old Luo Zhaohui became a real estate agent.
at that time, the property market in Hong Kong was booming and people queued up all night to buy houses. Luo Zhaohui found that this profession was simply tailor-made for him, and his overpopulation made him feel like a fish in water.
he left Tsim Sha Tsui for Central to work at Mantong property in the International Building in Central.
Mantong specializes in collecting resources from old buildings, and long-winded households need to be dealt with. Luo Zhaohui, who was born in Chungking Mansion, was the best at coaxing people, coaxing the residents to be happy, and the house was naturally sold.
in just one year, Luo Zhaohui was promoted to the position of manager, and the company sent him to specialize in luxury houses and guests. Fate drew a door on the wall with a magic pen.
his life changed and began to move in and out of the social circle of the rich. At this time, he met the most important person in his life, Hong Kong godfather tycoon Joseph Lau.
in 1985, Liu Luanxiong, known as Big Liu, was already the boss of an industrial listed company with a fortune of hundreds of millions, and was known as the "stock market sniper".
it is impossible to test how two people know each other. It is said in the square that Luo Zhaohui is very smart and asked people to find out that Joseph Lau likes antiques, so he spent more than NT $200,000 on antiques to give Da Liu a birthday present.
at that time, the monthly income of Hong Kong people was no more than two or three thousand Hong Kong dollars. For Luo Zhaohui, this was the first important bet in his life.
he won. According to the rumor, Da Liu was curious about the real estate agent who sent antiques. "ask him to join us for dinner next time."
after that, he met Zheng Yutong, Yang Shoucheng and other top tycoons through Liu Luanxiong, and his contacts became wider and wider.
in 1988, Luo Zhaohui set up Huangjue Group to specialize in property speculation for bosses who knew him well. The yellow man is extremely respected, the lord is extremely expensive, and he is full of ambition for the future.
he became the most successful speculator in Hong Kong at that time. In 1988, he bought ten shops in partnership and then sold them off, earning the first bucket of gold, HK $7 million.
since then, he fought against the world by means of short-term real estate speculation, and his wealth snowballed.
in 1991, Chongqing Mansion caught fire and the owner Zheng Yutong was willing to sell it. Zheng Yutong and Liu Luanxiong are old friends. Luo Zhaohui decided to manipulate the matter under Lau Luanxiong's lead.
finally, with the support of Luanxiong Lau, Luo Zhaohui bought Chongqing Mansion Shopping Mall for 140 million and returned home in the most extreme way.
he erased Chungking Mansion in the past, renamed it Italy-France-Japan Square, and invested 20 million yuan to renovate it.
A year later, Luo Zhaohui sold it to Libao and Mingzhu Xingye, making a net profit of 540 million.
this year, he was only 27 years old. He became the darling of Hong Kong and was nicknamed "Shentong Hui".
27 years old, he is proud of horseshoe disease. The whole of Hong Kong and Kowloon is his casino, and buildings are his bargaining chips.
in 1994, Luo Zhaohui acquired Dongfanghong, a famous Chinese medicine group in Hong Kong, and became the boss of a listed company.
from 1994 to 1996, it was not only the node of Hong Kong house prices taking off, but also the peak of Luo Zhaohui's real estate speculation.
only in 1996, he worked in Luanxiong Lau, Zheng Yutong and other tycoonsWith support, he has successively participated in a number of large-scale transactions with a total value of more than 3.3 billion. At one point, his wealth was as high as 2 billion.
he began to emulate the lives of the bosses.
Lau Luen-hsiung is a collector and once spent 40 million Hong Kong dollars on 20 license plates. Luo Zhaohui also followed suit to buy the license plate "71" for 4 million yuan.
Lau Luen-hsiung indulges in flowers, and Luo Zhaohui doesn't want to be left behind. He often drinks with big-name Hong Kong stars for fun.
he once bought a mansion on Repulse Bay Road for 15 million yuan, and some property rights were given to Singaporean actress Sun Jiajun, who starred in "the ever-changing Star King."
in order to win the Big Brother field, Luo Zhaohui once spent tens of millions of dollars and asked Li Jiaxin, a good friend of Big Liu, to shoot an advertisement.
he was full of pride in front of the camera. "now that the movie market is so bad that the stars don't have a job, they can afford to hire an actress to shoot a commercial, and it's just me and Xie Ruitian!"
Luo Zhaohui also has all the famous automobile yacht mansions that tycoons love to play with. At his best, he owns more than a dozen famous cars, such as Rolls-Royce, President, Ferrari and so on.
he spent 4 million dollars to order a luxury yacht more than 20 meters long, which was moored in the Tonggong Typhoon Shelter.
he named the yacht Miracle, translated as a miracle. He firmly believes that he will always be the protagonist of the miracle.
in 1997, the Hong Kong property market was in a frenzy. Hong Kong people believed that "the mainland would certainly take over" and that they had to make mortgage payments without eating or buying clothes, and some real estate properties even changed hands ten times.
Luo Zhaohui decided to buy the real estate company International Dexiang, hoping to make a backdoor listing and become a real estate super boss.
at this time, due to the large scale of real estate speculation, Luo Zhaohui's property burden has exceeded 2 billion, and in order to buy International Dexiang, Luo Zhaohui put all his eggs in one basket and cashed out Dongfanghong's shares in the bank. At the same time, he also broke up International Dexiang and resold it to other buyers for crowdfunding.
unexpectedly, the Hong Kong property market plummeted by 30% in the course of the transaction, and other buyers withdrew their bookings one after another, and he needed to make up more than NT $1 billion to complete the transaction.
Lau Luen-hsiung, who has always believed that "if you don't chase high, you will die", advised him to give up. For the first time, he choked with the boss, "you don't want to see me rich?"
he was in high spirits and felt that the expansion of Xinjiang was just around the corner.
that summer, he went out to sea with tycoons and celebrities. Liu Luanxiong and Yang Shoucheng separated on both sides, and Zhou Xingchi went out with the boat. Apple Weekly publishes a group photo, which is called prosperous.
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however, out of his sight, the great storm was brewing and roaring towards Hong Kong.
in the end, how did Luo Zhaohui die?