Chapter 570: Family Hero

It seems that several of Xicheng's transactions were negotiated on very casual occasions and with a very casual attitude. Just as some time ago, I cooperated with Lin Jianyue and Zhao Tongwen to invest in movies, chatted at the dinner table for a while, and signed the contract directly after turning his face afterwards.

And now this time it's even more nonsense, the father and son sat in the front and the back, and set the rules of cooperation on the plane.

Quite simply, Lee Seung-ho offered $500 million to occupy 30 percent of Hee Sung Hades' shares, and in exchange, Mr. Prosecutor had to help the company solve some sensitive issues at the right time.

Don't think that the birth of this agreement is just as simple as Li Shenghao helping Hee Cheng say a few kind words in front of the old man.

Since Xicheng entered the entertainment industry in 05, the father and son have been restricted by the old man in their basic rights and obligations. Lee was not allowed to help his son in the process of self-reliance.

In the past three years, Li Shenghao has basically done this.

While the media bombarded Hee Sung indiscriminately, as long as his wife was not involved, he would never come out; Hee Cheng invested in a movie, which only cost 7 billion won, which was almost nothing in his eyes, but he forced Hee Sung to borrow it from the master of the gym.

Regardless of whether he feels sorry for his son or not, Li Shenghao at least knows that it is good for his son for the old man to ask for this.

Jade is not cut into a tool.

The Li family didn't expect Xicheng to make billions of dollars, they just wanted to have a qualified heir as soon as possible.

The effect in the past three years is very obvious, although Xicheng still has many shortcomings, but compared with three years ago, the growth is more than a star and a half.

Whether it is a personal career or the amount of property under his name, it is beyond the limit that people can imagine for an eighteen-year-old boy.

There has also been significant progress in dealing with people, and I have initially learned to establish my own network.

Today, Xicheng has a considerable scale of industry. These properties have been evaluated in the eyes of Lee Seung-ho and believe that they have investment value, so he has the right to negotiate and invest in Hee-sung.

It's true that you can't help your son selfishly, but there is no need to deliberately give up business activities that are worth investing in because you abide by this rule, which is too rigid.

From Lee Seung-ho's point of view, Hades in his eyes is a very powerful film investment company, not just his son's industry.

What's more, the help he can provide to Xicheng is not unlimited. It is also necessary to comply with the rules of business activities.

Li Qingzhe probably won't have any dissatisfaction with the father and son, he is a grandfather and father, and he is also a successful businessman.

After a long flight of more than ten hours, it was early in the morning to the United States.

An RV was sent to the manor, and two sedans came to pick up people, and at ten o'clock in the morning, Xicheng and his party appeared at the gate of the manor.

Cui Minxi, Hee-sung's assistant, felt like Grandma Liu who had entered the Grand View Garden, and when he first heard the Li family and his son bargain on the plane and negotiate a $500 million deal, he wondered if the father and son were playing a prank.

Thirty percent of the equity is valued at $500 million. Doesn't that mean that Hee-sung's hades are worth at least $1650 million.

Even according to the highest stock price last month, poor S&M is only $5,250, and even SBS, one of the three major TV stations, is only worth $1 billion. This is still the highest closing price.

He felt that he was a little drifting when he walked, and when he arrived at the manor, he was taken to rest by the servants, and he was in a state of delirium.

Li Qingzhe stood in front of the main building, holding a black cane, looking at his second son's family expressionlessly.

Hee Sung followed his parents and knelt behind him to greet the old man. After saying a few words of blessing, he went to greet his uncle again.

The uncle's wife doesn't need to be too polite, and the boss of the Li family brought over this time is not a real wife. Xi Chengjian didn't see it a few times, but he just bowed and called his aunt vaguely.

Cousin Li Dongcheng and his cousin-in-law also stood in the crowd to greet him, and the cousin-in-law who married him was holding the child in her arms, with pink makeup and jade, looking very cute.

She is the fourth generation of the Li family, and she is very favored, Li Dongcheng has taken the light of her daughter, and she has rarely been beaten in the past two years.

"Since you're here, let's all come in," Li Qingzhe did not show his irritable side, like most old people in their twilight years, enjoying the happiness of their children and grandchildren.

Hee Sung and the others didn't eat breakfast, and they ate it with lunch later.

Cai Zhen'er said that she was a little dizzy and wanted to go back to rest first.

Since she was leaving, there was no reason for the other women to stay, and the old man waved his hand, and they left the chamber with him.

The status of women in the Li family is very low, and they are not particular about the occasions they eat, but they are generally not allowed to sit in on the discussions, let alone participate.

But Cai Zhen'er is an exception, because she has a husband who treats her like her life, and a son who is extremely smart.

Who dares to disrespect her, Lee Seung Ho and Lee Hee Cheng will play with each other.

After all the women had left, there were only five people left in the council chamber.

Speaking of which, the old Li family must be thin and has fallen to the limit, and there are only five masters in these three generations.

Except for Lee Seung-ho and Lee Hee-sung, the other three are not dedicated masters, everyone has many women, and women other than wives are not restricted from conception, but unfortunately after sowing, they don't bloom.

Lee Seung-ho also has only one son, Hee-sung.

First of all, I talked about the family's business activities in the past year, and the atmosphere was a little depressing.

For the whole of last year, the Li family not only did not make any money, but also lost as much as $700 million in assets on the books.

The most important thing is the huge loss in the banking industry, and Li Qingzhe did not pay attention to Hee Sung's warning about the subprime mortgage crisis, or did not pay enough attention to it, and by the time the crisis first appeared, it was too late to withdraw.

However, compared with other peers who have almost moved their muscles, the Li family has reduced its losses to an acceptable range.

"Because of Xicheng's construction, our fund has lost at least three billion yuan and avoided a catastrophe," Li Qingzhe glanced at his little grandson appreciatively, and praised his eldest grandson by the way, "Dongcheng's appearance is also good, the strong man broke his wrist, and he has the ruthlessness of your second uncle." ”

In fact. Li Dongcheng is now only in charge of a small part of the industry, and the total value is less than 100 million US dollars, compared with Xicheng's credit, he is far behind, and the old man is afraid that he will feel uncomfortable.

Li Dongcheng was simply, and when he heard this, he immediately retorted: "Don't compare me with Xicheng, your old man is a slap in the face, and don't throw the family's property to me in the future, I can't afford to play." ”

It's all Li Dongcheng's bad habit to play and mess around. But he also knows the responsibility on his shoulders.

I started to contact my family's industry in 06 years, and in less than a year, I was hit by the subprime mortgage crisis in 07 years.

Among them, the two large banks in which his father was responsible for investing directly declared bankruptcy, and 300 million US dollars evaporated in an instant, and if it was not withdrawn in time, it would have lost at least more than a billion yuan.

How many billions can there be in the family, the ruthlessness of the capital market frightened him.

This year, the family was full of smoke, and almost every property was losing money, and there was a period of time. He thought he was going to work in the factory.

The Li family's investment philosophy pursues prudence, and banking and real estate are the top priorities.

It is foreseeable that as long as the subprime mortgage crisis does not completely dissipate, the situation this year is also not optimistic. There is even a possibility of further losses.

Fortunately, my cousin, who was three or four years younger than me, discovered the signs of the subprime mortgage crisis early.

An established fund like Nansam would lose $700 million, but his cousin made $400 million, which is almost worth the total revenue of a large company in a year.

So. Li Dongcheng thought, just let this guy inherit the fund.

Even if you make a little less every year, it's not much less, it's better than a year when the family disappears overnight.

Hee-sung's uncle just smiled. It doesn't seem to care very much, either.

Just like him and his younger brother Li Shenghao, he is at the helm of the fund with two brothers, but Li Shenghao still has a lot of properties under his name, and most of them can operate freely.

It doesn't matter who is the master and who is the vice, there are only a few people in the Li family, and it is not interesting to fight.

What's more, he knows what virtues his son has, and for the sake of the family, Xicheng is obviously more qualified.

Unexpectedly, Xicheng directly rejected his cousin's kindness, "Forget it, you play by yourself, I have my own industry to take care of, and the future will be long, so you can slowly learn from your grandfather." ”

If it was before, the old man would definitely reply to him, just your little, it is also worthy of being called industry.

But now he really can't say it, his little grandson is actually self-made, and in just three years, he has created a film and television company that is quite famous in Hollywood.

Recently, I have been making frequent moves, and I seem to have heard that I have a crazy disease and want to participate in investing 500 million US dollars to make a movie for Cameron.

"What do you think we're going to do next?" Li Qingzhe coughed, and his eldest son asked Xicheng a question with a very good eye, it seems that the old man still wants to save face, and he can't open his mouth if he asks for advice.

"What did Uncle plan?" Hee Sung asked tentatively, he was not arrogant enough to be lawless, his opinion could only be used as a reference, nothing more.

"At a time when the banking sector is in a slump, it is appropriate to make acquisitions to wait for the banking sector to fully recover," said the head of the Nansam Fund, "and we expect that the government will soon intervene and this trough will not last long." ”

How to explain it, Hee Cheng has been studying the knowledge around the subprime mortgage crisis in the past year, but he still has no way to scientifically explain why government intervention has not worked as expected.

"What do you think, you might as well talk about it," Li Qingzhe now felt that his grandson was amazing, and couldn't help but ask.

"I think it's going to be very difficult to recover, at least in the next five years, and it's going to be difficult for the banking industry to recover to the level it was before the subprime mortgage crisis," Hee Sung simply didn't explain why, and said bluntly: "Just keep some influence in the banking industry, and invest the rest somewhere else." ”

PS: Financial rookie, writing is not very professional, do you have friends who know what industry makes money under the subprime mortgage crisis? Another: I wish the nerd a happy birthday, although the skin is a little healthier, but the nerd figure really didn't say anything, I recommend everyone to watch the first season of undefeated youth. (To be continued......)