In 2011, Liu Luanxiong's younger brother, "Prodigy Hui", died of a sudden heart attack at the age of 47 while going through a property transfer formalities at a law firm in Changping, Dongguan.
Hong Kong's rich and actresses breathed a sigh of relief, and a "time bomb" was finally lifted!
Two years ago, when Li Jiaxin married Xu Jinheng, other rich wives were also in this mood.
Luo Zhaohui, nicknamed "Prodigy Hui", can be called Chen Guanxi's "grandfather".
His lace news not only involved actresses who were more famous and spread beyond the entertainment industry; he also claimed to have shot a large number of video tapes, which were more three-dimensional than photos.
In 1978, at the age of 14, Luo Zhaohui dropped out of school and came to Chungking Mansions, rented a bunk, and worked as a variety of jobs as security guards, salesmen, handymen, grooms, and so on.
Chungking Mansions was the main filming location for Wong Kar-wai's filming of "Chongqing Forest" in the future, with residents and merchants from more than 100 countries, which can be called Hong Kong's "Little United Nations" and a gathering place for three religions and nine streams.
Luo Zhaohui has been traveling between all kinds of people all year round, and has practiced the social skills of surviving in the cracks.
He always did these "undignified" jobs and never saw the day of his head; but the requirements of decent work for academic qualifications turned him away.
Chungking Mansions consists of 5 buildings connected at the bottom, with a height of 17 floors and a total of 770 units.
Due to the high mobility of people, the rental and sale of houses in the building is very active, often interspersed with a group of real estate agents in neat suits.
When Luo Zhaohui saw these "real estate boys", he was envious, after all, he was dressed like a white-collar worker.
He looked for opportunities to get close to these real estate sets, handed over a cigarette, or led the way, and found that the threshold for academic qualifications in this profession was not high, as long as it was not too ugly to scare customers.
So Lo changed careers and left the Chungking Mansion in Tsim Sha Tsui to an intermediary company in Central.
Throughout the 1980s, the Hong Kong property market was still in a bullish trend, and speculation became the most important investment channel for citizens in addition to stocks.
With the help of heaven and place, Luo Zhaohui relied on the three inches of uncorrupted tongue trained in Chungking Mansion to coax customers to obey, and soon rose to the position of manager.
As a manager, he manages a number of brokers, and he generally does not deal directly with ordinary customers. But for the high-end luxury house transaction, he still has to go out personally.
Through the luxury house business, Luo Zhaohui met a group of rich people, including the famous Liu Luanxiong.
Da Liu started out as an electric fan factory, and its Ameco was listed on the Hong Kong Stock Exchange.
In 1985, he had a conflict with other shareholders, left the company and sold shares, and Ameco's stock price fell from 4 yuan to 7 cents.
Liu Luanxiong took a look: Wow! So cheap. The backhand absorbed the low and regained control of Aimeiko.
In addition to getting the controlling right, Da Liu has another amount of money in his hand. This buy and sell is too fast, how many electric fans to sell to earn ah?
The gifted and intelligent Liu Luanxiong was inspired to focus on the stock market, sniping at undervalued companies with unstable controlling stakes.
Since the property market is in an upward period, real estate is considered a high-quality asset, and Da Liu will acquire some buildings to inject into listed companies.
The acquisition of the building itself also has a lot of profit margins, generally low-cost acquisition of old buildings, after repair, packaging appreciation, and then sold to listed companies at a relatively high price.
In just a few years, Da Liu was promoted from an electric fan factory director to one of the top ten richest people in Hong Kong.
Luo Zhaohui opened his eyes in the process of dealing with Da Liu.
He humbly followed Da Liu, saddled up and poured tea and water before and after the horse, and learned a lot of things; Da Liu also helped him introduce and know many rich people.
In 1988, Luo Zhaohui began to stand on his own and founded the Huangjue Group, which specialized in helping the rich deal with the matter of speculation.
For example, providing first-hand information, acting for the rich to do some groundwork, docking construction contractors, etc.
In the first year of opening, he and others partnered to take down 10 shops, and then bought them one by one, making a net profit of 7 million Hong Kong dollars.
With this first pot of gold, Luo Zhaohui's confidence was suddenly full.
With Luo Zhaohui's financial resources, it is impossible for him to acquire listed companies, and he can only start from the speculation of the building, and use the packaging idea to speculate on the building.
He learned the essence of Da Liu's short-term fast-forward and fast-out, and then used the rich people's connections and financial connections to increase their wealth geometrically in a short period of time.
In 1991, a fire broke out in Chungking Mansions, which required a large amount of money to repair. The owner Zheng Yutong looked upset, and his family had to worry about these trivial things, and he had the heart to sell.
Luo Zhaohui took a fancy to this place where he could no longer ripen and wanted to take over the plate.
He also has self-knowledge, and feels that people may not be willing to do business with you, the shrimp soldier and crab general, so he goes to his good brother Liu Luanxiong to help.
Da Liu intended to promote him, help him thread the needle and provide financial support. Luo Zhaohui eventually won the Chungking Mansions at a low price of 140 million.
After entering the lordship, he spent 20 million yuan to renovate and rename it Yifa Day Square, which sounded "tall" in an instant.
The renovated building will definitely have to increase the rent significantly, and the original low-end tenants cannot afford to rent it.
In fact, Luo Zhaohuizhi is not here, not staring at the rent of thousands and tens of thousands of dollars per month for each unit. His purpose is to introduce high-end tenants by renting "cages for birds", so that the market value of the entire building will go up.
Sure enough, a year later, someone was willing to take over, and Luo Zhaohui sold the building to Lippo and Pearl Xingye, making a net profit of 540 million.
At only 27 years old, Lo Siu-fai became famous in the first world war, promoted to billionaire, and was called "prodigy Hui" by Hong Kong people.
Of course, being able to sell such a high price is also due to the real estate trend at that time.
In 1994, he also wanted to live a stock market addiction, and acquired the "Dongfang Hong" Group, which was famous for selling Chinese medicinal materials in Hong Kong, and became the owner of a listed company.
Using the platform of listed companies, Luo Zhaohui's real estate speculation business has become bigger and bigger, and his net worth has reached 2 billion yuan in the following years.
But the risks also creep in.
In the craziest 1997, Da Liu found that something was wrong, sold a lot of properties to cash out, and he also advised Luo Zhaohui to take a leisurely time.
The spirited Luo Zhaohui called out to his eldest brother for the first time: "Are you trying to prevent me from developing?" ”
At that time, he wanted to take advantage of the victory and acquire the real estate developer International Dexiang to go public through a backdoor listing, so as to use this as a springboard for the future development of a large real estate developer on an equal footing with Zheng Yutong and Liu Luanxiong.
Since there is not enough money, it is necessary to increase leverage!
On the one hand, Luo Zhaohui pledged the shares of Dongfang Hong to the bank; on the other hand, he jointly acquired it with other buyers, with him as the majority shareholder.
However, the financial turmoil in Asia has caused the Hong Kong property market and stock market to suffer double kills.
The market value of the DongfangHong shares he pledged has shrunk and must be replenished; other buyers have also caught fire in the backyard and are unable to pay the purchase price.
Luo Zhaohui sold all the assets that could be sold, continued to borrow debts, and made up 1 billion yuan, and finally bought International Dexiang.
After buying International Dexiang, it was immediately renamed "Dongfanghong Real Estate". Luo Zhaohui's intention was obvious, that is, to create the "Oriental" system and realize the plan to catch up with The Great Liu.
However, Hong Kong's stock market and property market continued to be sluggish, entering a stage of accelerated decline.
Almost overnight, Luo Zhaohui lost 600 million yuan, and banks and finance companies forced him to continue to make up positions.
After resisting stubbornly for a while, he had to transfer the shares of the two listed companies to Chen Guoqiang, the "shell king", at a low price.
Luo Zhaohui went from 2 billion at the peak to a "negative man" with a debt of 300 million.
Other creditors came to the scene and sought revenge, including suppliers, renovation teams, property service outsourcing companies, etc.
Hang Seng Bank went to court to apply for bankruptcy, and Lo Siu Fai could not stand the stimulation at the end of 2000, burning charcoal in a yacht in the typhoon shelter to commit suicide, and was found by the captain and sent to the hospital for rescue.
Later, although he reached a settlement with the creditor bank and escaped bankruptcy twice, he was eventually declared bankrupt because he could not repay his debts, and the myth of "prodigy Hui" was officially disillusioned.
After Luo Zhaohui's suicide attempt, his temperament changed greatly, and he suddenly revealed to the media that his coma on the yacht was not a charcoal suicide, but a deliberate murder.
Before the media could react, he exploded his history of affairs with more than a dozen beautiful female celebrities and celebrities over the years, and many of the city's richest people were also involved, and even showed relevant videotapes during the interview.
Although most of the female celebrities involved are only referred to as Miss Alphabet, but because he is too specific, it is easy to be guessed, including Yuan Yongyi, Liu Jialing, Fan Yimin, Sun Jiajun, Ren Gangxiu and so on.
For a time, the entertainment industry was panicked!
The rich man with whom he had some friendship was very disgusted, questioning his motives and mental state, and many people wanted to draw a line with him. This was quite fatal to Luo Zhaohui, who was preparing for a comeback.
Some people also pointed out that most of the sex transactions between rich people and actresses that Luo Zhaohui talked about in the interview were actually made up or fantasized by him.
Luo Zhaohui's assets at his peak were only 2 billion, and there was still a big gap between him and the top rich.
If the rich really want to play, they don't need to be introduced by outsiders at all, and they won't easily share their privacy with Luo Zhaohui, who is "not enough class".
In any case, this incident has caused a strong shock in Hong Kong's high society, causing a war of insults among Hong Kong's rich and powerful people.
After The suicide of Luo Zhaohui was exposed, some people said that this was caused by Liu Luanxiong's lack of righteousness, but instead recovered a debt of HK$500 million from him when he was in trouble.
Da Liu firmly denied this, believing that this was caused by a "thousand businessmen" manipulating right and wrong.
In order to prove his innocence, Liu Luanxiong offered a reward of 30 million US dollars to collect evidence of the crime of "Lao Qian" and bring him to justice:
"I considered that someone could testify against his evil deeds, and if I could make him pay $10 million for more than 3 years in prison, and $20 million for more than 5 years, in short, he could get $30 million when he 'shot the target' (shot himself)!"
Due to long-term drug use and living in a humid environment, Luo Zhaohui grew an egg-sized poisonous sore under his jaw, which was ridiculed as the "poisonous sore of the century".
In order to avoid the limelight, he went to Europe; during his time in Paris and London, he was not at peace, drunk and entertained, and punched journalists.
One day, Luo Zhaohui called Da Liu and said that he would return to Hong Kong to continue to expose the black material.
Da Liu was afraid that something was wrong with him, and sent 18 bodyguards to pick him up and send him home safely.
After resting at home for a while, Luo Zhaohui held a press conference and threatened to buy Yang Shoucheng's Emperor Company within 14 days.
Just like this, no one believed him, they all thought he was crazy, and the wind and waves were getting smaller and smaller.
From 2006 to 2007, Luo Zhaohui was sentenced to 1 year and 9 months in Macau for 3 drug-related crimes, suspended for two years, and fined 10,000 yuan.
At this time, everyone remembered that this person had come out and jumped again.
In 2009, Luo Zhaohui blew up some fierce materials to the weekly magazine, and also involved Zhou Xingchi, who had once called him a brother.
At this time, not long after the nude photos scandal, the reappearance of Lo Siu-fai triggered a commotion in the Hong Kong entertainment industry.
However, his revelations did not contain the videotapes mentioned at the beginning, which seemed to be insufficient.
It is believed that he may have been affected by drugs or spirits, and it is estimated that the nonsense will pass in a day or two, so he did not pay much attention.
In 2011, Luo Zhaohui once gave a painting to a wealthy businessman friend in his early years. The friend saw that he had fallen and returned the painting to him.
After Luo Zhaohui got the painting, he sold it for 7 million yuan as a capital for a comeback.
Probably because he was so excited, on January 24, he died of a sudden heart attack at the age of 47 while handling a property transfer in a law firm in Changping, Dongguan.
Lo Siu Fai is one of the lucky ones on the limelight of Hong Kong real estate, but his ability cannot control wealth.
Liu Luanxiong, who promoted him, is also his idol and his inner demon. Luo Zhaohui always wanted to find an opportunity to surpass him, but he lost his mind.
In the eyes of outsiders, the "Hong Kong Star Sniper" Da Liu once studied in Canada, and his vision is not comparable to Luo Zhaohui, who has not yet graduated from high school.
When the financial crisis came, no one could escape, and Da Liu also lost nearly 20 billion yuan. But he cashed out part of the property in a timely manner, retaining the funds for the comeback.
Luo Zhaohui, who killed the red-eyed Luo Zhaohui, could not see the general trend clearly, continued to increase leverage, and was cleared by a shot.
Faced with such ups and downs, he could not stand the stimulation, almost insane, resulting in the final tragedy.
Perhaps, he would rather have such a big ups and downs than live in a mediocre way!