Chapter 20: South Korea Sniped (11)
Jerry sat down next to Kwon Bo'er, if he didn't stop any longer, Sakumi and Shu over there would have their eyes glazed over, and they couldn't help it. It's rare for him to see Jerry dance so seriously, although it is improvised, but the skills that should be there have not fallen behind, so many years, as a choreographer, the beauty and number of people have been inspired by Jerry's dance. Not to mention the classic dances of Girls' Generation, such as lap dance, shuttlecock dance, butt dance and the latest retro dance, if it were not for Jerry's seemingly crappy dance as a basis, Sakumi Washu would never have been able to choreograph such a good dance again and again, let's just say that the powerful and explosive dance of ANGEL-JURIOR's dance "Purple-Line" is also created on the basis of Jerry's crappy dance. It can be said that without the lame dance of His Royal Highness the Prince as a foundation, there would be no beauty and number today. In today's trainee system of TY Entertainment Japan, dance ability has become a hard indicator. And group dance has become the biggest feature of the acting group that debuted from TY! A Japanese brokerage company, the only one! Whether it's Girls' Generation, ANGEL-JUNIOR, or AJX48, it's the same!
Like a sponge, Sakumi and Numbers are constantly absorbing all the knowledge that can be obtained from the prince and constantly evolving.
"OPPA, you dance very well, why don't you release a dance music album?"
Jerry sat down next to Kwon Bo'er, "Do you know now that I'm a good jumper?" ”
"I've never seen OPPA skip before!"
Jerry looked at Kwon Bo'er, then tapped her head with his hand, "Okay! The break is almost over, practice well, and in the future, you will definitely dance better than me. ”
"That's for sure."
"You're confident!"
"OPPA, you're so lazy, catch up with you. It's not a problem at all. But being a trainee is really tiring! ”
"Really? I don't see you feeling tired at all. ”
"With OPPA, of course I won't get tired."
"Is that a person tired of practicing? The company will soon recruit new trainees, and by then, you will have a group of juniors. ”
"Not anymore. In addition to dance practice and vocal practice, you also have to take classes! It's so tiring! ”
"Hey~ Your language teacher is now working as a translator next to you, you actually have the courage to complain that you are tired in class?"
Quan Bao'er immediately reacted, and the language teacher who acted as a translator was already dissatisfied.
"Ah~I'm sorry~I'm sorry~ I'm talking about learning English, it's really tiring!" The little girl is very knowledgeable, and now it is a Japanese teacher who translates for her.
"You beware that the wall has ears. Maybe your English teacher is in the dance studio! ”
"OPPA~ Don't scare me, okay."
"You practice hard, and when I have time, I'll come to see you."
Seoul. Hilton Hotel.
"How? What's new? When Jerry walked into the presidential suite, all the members of the Mobius investment group were there, and Robert Soros swept away his lewd face, his face glowing with something called excitement.
After Black Monday and Japan's economic bubble, only the Peso crisis in Mexico used to give him this feeling of blood pumping. The backbone of the events of the collapse of the USSR were Andrei Bush and Bob Cummings, who did not rush to the front line. Today, other JR Investment groups have infiltrated Southeast Asia, with the exception of Japan, which the Tanaka consortium has entrenched. Thailand, Malaysia, the Philippines, Indonesia, and India, a big net is gradually being opened. This rising new economy is facing the first hurdle in its rise. At the time when JR Investment is facing Southeast Asia, the international tour capital led by the Quantum Fund has also been assembled. The shadow of the mountain rain is coming. Spread throughout Southeast Asia.
"Zheng Taishou is desperate, and now, no bank is willing to lend money to Hanbao Steel." Mark Mobius had in his hand the information on Hanbao Steel, a steel conglomerate with infinitely inflated ambitions. Now, it has completely reached the end of the road.
"So, let's do it!"
"Okay. Boss! ”
The meaning of the action is that the Mobius investment group immediately launched a sniper on Hanbao Steel, whether it is the news media or K shares, before that, the Mobius investment group has already buried the assumption of long and long on K shares, and short positions are accumulating step by step. Now, it's time to get your hands dirty.
In 1996, South Korea's GDP grew at an average rate of 6.8 percent, the unemployment rate was only 2 percent, the price index grew by 4.9 percent annually, and the domestic savings rate was 34 percent. This is a completely benign statistic, both for the South Korean people and for the South Korean government. However, no one can see the demon lurking beneath the benign data.
On January 24, 1997, Japan's Ministry of Finance announced that the Japanese government had lowered the yen exchange rate again.
This is the fourth time since 1994 that the Ministry of Finance has lowered the yen exchange rate.
The yen continued to depreciate due to the further depreciation of the yen's exchange rate, and the weakening of the yen made Japanese products extremely competitive for exports. In addition to automobiles and steel, Japan's exports are electronic products, and the impact on South Korea's industry can be seen. You know, in 1997, South Korea's economy was a terrifying 57% of its dependence on foreign countries.
Under these circumstances, South Korea's JoongAng Ilbo, Chosun Ilbo, and Dong-A Ilbo successively published corruption incidents related to Hanbao Steel, and the entire Republic of Korea was shaken for a while. Before the Zheng Tae-shou family could sell the shares of Hanbao Steel they held, they got out of this quagmire, but they were hit in the head. On the day of the news release, the K-share composite index fluctuated sharply.
However, it's not over yet.
Report after report continued to be published in the three major newspapers.
In the case of Hanbao Steel, the credibility of banks and the government was peeled off little by little. The South Korean people are outraged!
It was at this time that Soros, the financial giant of the Quantum Fund, launched a powerful sniping attack on the Thai baht.
After receiving the news, the international tour capital was quickly withdrawn from the Korean market, and the crumbling K shares plummeted instantly!
It's not over!
On January 31, the desperate Jung Tae-shou family filed for bankruptcy protection, officially announcing the bankruptcy of the Han Bao chaebol, the fourteenth ranked chaebol in South Korea.
This huge news directly hit the Korean banking community.
The Korean banking community, including the Korea Development Bank, the Central Bank of Korea, the First Bank of Korea, the Koram Bank, the Korea Foreign Exchange Bank and dozens of other commercial banks have invested more than just a few hundred million dollars in the Hanbao Group.
Amid corruption scandals and bankruptcy suspicions, as well as the rapid withdrawal of international funds from the South Korean market, K shares retreated, falling 609 points on the day.
However, the story is still not over.
The big four banks that took over Hanbao soon couldn't hold on. Zheng Taishou squatted on the side and hummed straight music, didn't he not give money? Isn't it even willing to give the last hundreds of billions of Tangjin Iron and Steel Plant? Yes! You can do it! Push me to a dead end, and you can get through it. Now, the entire Hanbo Group is all for you!
Let's not talk about the bottomless pit of Hanbao Steel, let's just say that the composition of Hanbao Chemical, Hanbao Pharmaceutical, Hanbao Machinery and other Hanbao Groups, after Hanbao Steel went bankrupt, all of them fell, and the entire Hanbao Group became a complete mess. Originally, Zheng Tai was okay when he was there, at least he was the spiritual leader, Han Bao Group said that it would be able to hold on for a while, although it was a high debt rate in the elite, but Han Bao Zheng was also a well-known chaebol, and people had that centripetal force. Now, the Jung Tae-shou family has jumped out of this deep pit and after being taken over by the four major banks, the Hanbao Group has collapsed directly. The big four banks took over the mess and had to mobilize funds to close the loophole. Zheng Taeshou stood on the side with a broken jar, he couldn't take out hundreds of billions of won, and now, I will make you vomit blood. Then, the big four banks really started vomiting blood.
The first to vomit blood was South Korea's Choheung Bank, one of the four major banks.
Due to the complete depletion of liquidity, the CEO of Chaoheung Bank, the oldest bank in South Korea, resigned. The South Korean public's serious crisis of confidence in the banking industry triggered by corruption scandals and bankruptcy suspicions has caused the oldest bank in South Korea's history to directly encounter a wave of bank deposit grabbing.
Chaoxing Bank is directly dripping blood.
It is not enough to make up for the huge loopholes of the Hanbao Group, and the people of South Korea have come to add to the chaos.
The newly appointed CEO of Chaoxing Bank resigned directly.
Even though the South Korean government and the Central Bank of Korea allocated a large amount of money to inject into the bank, the bank was still pushed to the brink of bankruptcy by the angry South Korean people.
This is the case with the time-honored Chaoxing Bank, not to mention other banks, such as Foreign Exchange Bank, First Bank, and Koram Bank, which were directly exploded in seconds, and each family was directly dying.
The K-shares, which lacked bank funds to protect the disk, took a sharp turn.
However, the story is still not over.
At this time, Kim Sun-hong, chairman of South Korea's Kia Motors Group, broke out of a corruption scandal and was directly taken away by the South Korean Supreme Prosecutor's Office.
While South Korea was wailing all over the field, the sniping attack on the Thai baht launched by the Quantum Fund and the King's Fund came to an end, and the fire of the Southeast Asian economic crisis was ignited in an instant!
K shares plummet! (To be continued......)