446 I love financial crises
It turned out to be a briefing from Bill and Li Shanquan, the latest information on the financial crisis.
With the turmoil caused by the financial crisis and the imminent bankruptcy of the South Korean government, it has now reached a borrowing agreement with the IMF (International Monetary Fund), which is naturally not so easy, and the South Korean government is bleeding heavily and has reached a series of agreements that are a bit like 'betrayal'.
For example, the number of shares that foreign companies can own in listed companies has increased from 26% to 50%, and the number of shares owned by foreign individuals has increased from 7% to 50%, thus opening up a gap for foreign companies in South Korea.
For example, financial institutions must be audited by international accounting firms, Korean companies must use international accounting principles, the Bank of Korea must operate independently, and currencies under your capital are freely convertible.
In addition, for example, in the field of import and export trade, the transparency of import licensing procedures, the supervision of corporate structures, etc., it can be said that the establishment of these financial policies and regulations has indeed caused South Korea to lose a lot, especially the control over foreign investment and holding in South Korea.
For example, East West Bank took the opportunity to acquire a 50% stake in a city bank that was about to collapse in South Korea, and of course, there was the remaining through an offshore company, so that Li Fuzhen came forward and completed 100% of the holding, and was ready to integrate into the Standard Chartered system in the future, which can be regarded as opening a gap for Standard Chartered to enter South Korea's financial banks.
Similarly, with the conclusion of such a loan, although it is easy for South Korea itself to survive the financial crisis, in terms of the country's financial security and other aspects, it can be regarded as a complete liberalization, after all, 50% of the shares, as long as a little operation, can achieve a controlling stake.
In order to export business and increase the competitiveness of the company, South Korea has also led to the continuous depreciation of the Korean won, which once reached 7 percent, and Li Feng's investment company naturally made a lot of money in it, and the income in South Korea alone was nearly 10 billion US dollars, which was really scary to say.
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In addition to South Korea, there is also Japan, which has been depreciating its currency since the second half of the year, and has also gained more than 5 billion US dollars.
In short, in South Korea and Japan, there is a total of about 15 billion US dollars, and seeing such a figure really makes Li Feng wake up with a smile when he sleeps.
It can be said that although it has benefited from extraordinary benefits before, after all, it was operated through leverage before, and the funds were tens of billions of US dollars, and later the operating funds in South Korea and Japan were in the early 10 billion.
Like Southeast Asia and other places, although the scale is higher than that of South Korea and Japan, but after all, the economy is small, if it is calculated according to the scale of 5 times leverage and 40 billion US dollars at that time, the overall is about 30%, and this operation of more than 10 billion US dollars, but the income is basically more than 100%.
Now that the first stage of the Asian financial crisis is completely over, it can be said that international travel capital, those Wall Street predators are reaping the results of the first stage, and a large number of high-quality assets in Southeast Asia, South Korea and Japan have entered the sight of the predators, and Li Feng's Tianya Investment is no exception.
Li Feng still has the impression of the next performance of the financial crisis, one of which seems to be that Indonesia is going to carry out a large-scale regression at the beginning of 98, which is Li Feng's last chance to prepare.
The second is that in the second half of the year, there was also one on the side of the fighting nation, but on the side of the fighting nation, it seems that international capital did not make a profit; of course, there was also one time in Xiangjiang. However, these two times the international capital did not earn, but suffered serious losses.
Therefore, Li Feng is ready to wait until the operation in Indonesia at the beginning of 98, and the rest do not plan to participate, so he will sit and watch the situation and watch the show.
Of course, while watching the play, it does not prevent Tianya Investment from harvesting a wave of high-quality assets, such as financial banks, some high-quality real estate, mineral resources, etc., as long as they are high-quality assets, they will be in the eyes of Tianya Investment Company.
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Naturally, at present, all the money earned stays in the accounts of offshore companies, there is no way, if the money is transferred to the US imperialists, it will be a huge tax charge, but Li Feng has long had a plan, and after the integration is completed, he will set up major funds, private capital, etc., and become independent shareholders in its major companies.
Then, these newly established funds, private capital, etc., are all put into the newly established family trust, or family charitable fund, so as to avoid huge tax problems, and secondly, to add a foundation for Li Feng's future strong family retreat.
Speaking of the income in South Korea and Japan, I have to mention Li Feng's Samsung princess - Li Fuzhen, this strong woman has been completely out of Samsung, got the Shilla Hotel and media resources, and then with the support of Li Feng, acquired Li Xiuman's SM brokerage company.
In addition to these, with the support of Li Feng, he established a film and television company, controlled Seoul Broadcasting Corporation (SBS), one of the three major television stations, and had a controlling stake in South Korea's largest JoongAng Ilbo, which was founded by Lee Byung-cheol, the founder of Samsung.
In South Korea, Lee Fujin is now known as the 'Queen of Korean Media', which can be regarded as controlling half of the Korean media field and has a huge influence.
Fortunately, Li Fuzhen came forward, in fact, what many people don't know is that these major shareholders are controlled by Li Feng in secret, but the nominal controller is Li Fuzhen, it can be said that Li Feng can pounce on the Samsung princess, this move is the most right.
With the Samsung princess in the foreground, the media group can go all the way, for example, the famous Li Feng's Tianyu Media Group has a stake in Li Fuzhen's media group, with a 30% stake, etc., so that Li Feng's Tianyu Media's influence directly affects South Korea.
The whole morning was spent working together with Li Feng and Wang Siqing, until Catherine and Heidi came to the study to call the two of them, saying that it was lunch time.
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It can be said that this is all through the financial crisis to get the opportunity, otherwise where can Li Feng be qualified to toss around the world, and because of this, Li Feng can't wait to shout a few times 'I love the financial crisis', and even giggle from time to time at the dinner table.
"Annie, what's wrong with John, keep giggling. ”
Looking at Li Feng's 'gaffe' performance at the dinner table, the two beauties Heidi and Catherine, who didn't know why, were puzzled, and could only ask Wang Siqing, who was watching the play on the side.
"Who knows, I don't know, I guess I'm thinking about which woman again, right?"
Wang Siqing calmed down, although he was also shocked when he first saw the crazy gains, but after all, the money was not hers, so he was shocked at first, and he was happy for Li Feng in his heart.
Of course, she won't say it, even if it's Li Feng's woman, she won't say it without Li Feng's consent. It's not that you don't trust, such a thing can only be kept secret, it's better to know as few people as possible, even if it's your own woman, you can save a lot of trouble.
"Hey... "John, what are you doing?"
"Oh... , nothing, just thought of what I was going to buy you as a gift. ”
Wake up to the mouth and come out, and the white lie is blurted out.
"yes, why don't we go shopping and shopping in the afternoon?"
"Can you pursue it a little?"
"Do you want to go?"
“……”