Chapter 16: South Korea Sniped (2)

Gangnam-gu, Seoul, South Korea.

Kim Hyun-chul leaned on the sofa, crossed his Erlang's legs, and sat across from him was Jung Tae-shou, the honorary president of Hanbao Steel.

"That's not going to work! Mr. Jung Tae-shou, it hasn't been long since you asked me for help the last time, but I finally got the 500 billion won loan for you. Is your Hanbao Steel a bottomless pit? The 500 billion won loan was depleted so quickly? How much time? A year or a year and a half? ”

"Because of the construction plan of the Dangjin Iron and Steel Plant, 500 billion won is really a bit stretched. I can only trouble you again, and I hope that Mr. Kim Hyun-chul can talk to the governor of the central bank again. ”

"How much more are you going to borrow this time?"

Jung Tae-shou stretched out two fingers, "One trillion won." ”

Kim Hyun-chul's shaking legs stopped, "A trillion won? Is Mr. Jung Tae-shou really the central bank of Korea your ATM? You can already borrow 2.7 trillion won from the Central Bank of Korea. I've heard that you have asked someone to borrow nearly 3 trillion won from First Bank, Koram Bank, and Foreign Exchange Bank, can you afford the interest from these banks? ”

"You don't have to worry about that, Mr. Kim Hyun-chul. This time, if you can help me convince President Ko Tae-woong, this time, Han Bao will have an additional reward. ”

"Why don't you go to Shen Guang and Yu Muzan this time?"

Shin Quang and U Muzan were presidents of First Bank and Chaoxing Bank, respectively, in early 1996. Hanbo Steel received loans of more than 700 billion won from First Bank and Choheung Bank, respectively. However, for such a large-scale construction as the Dangjin Iron and Steel Plant, 700 billion won is a drop in the bucket. (Based on the average exchange rate of 807.6 between the US dollar and the South Korean won at the end of 1996.) 700 billion won is about 860 million US dollars. yes, a drop in the bucket! Jung Tae-shou wants to get the 700 billion won, and there are so many people who have to be dotted up and down! What's more, compared to a behemoth like the Tangjin Iron and Steel Plant, 860 million US dollars is really a stuffy existence. That's not true. It should be said that for Hanbao Steel, the $860 million is simply the existence of a plug between the teeth. Hanbao Iron & Steel has invested in the construction of Dangjin Iron and Steel Plant. The global steel market was weak, and the company's main hot-rolled steel and steel bars were unsalable, and the company's sales profit fell sharply. According to the calculation of 1996, Hanbo Steel's annual sales profit totaled 17.2 billion won. But in 1996. Hanbao Steel needs to pay 255 billion won in interest to the bank. In 1989, Hanbo Steel, which had assets of 83 billion won, pushed forward the construction plan of the 2.7 trillion won Dangjin Iron and Steel Plant under the insistence of Chung Tae-shou, and this plan changed again and again. Today, it is a bottomless pit of money. But the crazy Zheng Tae-shou showed no signs of waking up. In addition to continuing to dream of being the world's No. 1 steel company, and constantly pulling other companies of the Hanbo Group into the water, he also pulled the major commercial banks and state-owned banks in South Korea into the water. This guy doesn't know how to stop the steps that have already stepped into the abyss.

Hanbao Chemical, Hanbao Pharmaceutical, Hanbao Machinery, etc., etc., all the subsidiaries of Hanbao Group were fooled by Zheng Taishou. Almost every subsidiary has secured and loaned no less than 100 billion won to Hanbao Steel. Today's Hanbao Group is heavily in debt, and Hanbao Steel's responsibility has even accounted for 90% of the entire group.

But Zheng Taishou, hum~ continued to dream of his idiot.

As for Kim Hyun-chul? He is just a pawn in the hands of Jung Tae-shou.

The second son of the current president of the Republic of Korea, with Kim Yong-sam's relationship, as long as it is Han Bao Steel's affairs, he has to intervene, and because of his kick, he has received countless bribes. Along with him, his other three brothers were dragged into the water by him.

Zheng Tae-shou's abacus is very shrewd, and in his hands, Han Bao Steel must not die. In order to prevent Han Bao Iron and Steel from dying, he could only tear down the east wall and make up the west wall to repay the bag with a loan, not only that, but he also led the competition for the mining rights of Han Bao Iron and Steel in Venezuela, Australia and Brazil, and even Russian natural gas mining, he intervened. As long as the key figures in the political world are caught in the big net of Hanbao Steel, Hanbao Steel will not go out of business. Even if the debt ratio has now reached an incredible 2,000%, that doesn't matter.

Where did Jung Tae-shou know that Mark Mobius was hiding in the corner, quietly collecting all the information related to Hanbao Steel!

Seoul, Hilton.

Jerry smiled unconsciously when he walked into the Hilton Hotel.

He was so impressed by the fury of the Lothalito Hotel.

And he actually found that the experience that completely subverted his feelings actually left a little trace in his body.

In other words, he seems to like it.

Could it be that he also has a tendency to be a philatelic man?

"What's wrong, boss? What's in your mind? Mark pressed the elevator and turned his head, only to see Jerry with a smile on his face.

UH~ IT LOOKS LIKE IT'S A BIT OF YIN'S SMILE!

Because of his long-term lurking in the emerging markets of Asia, Mark Morbius did not interact with the young boss as much as the other members. John Alfred Paulson, the former CEO of BC Real Estate, led JR Investments' investment affairs in Japan, mainly involved in Black Monday, the Japanese economic bubble, and the Japanese real estate bubble. Mr. and Mrs. Bill Miller, who have been in the Empire State Building for many years, are the day-to-day affairs officers and investment analysts of JR Investment Group, and it can be said that the comprehensive affairs of JR Investments and even the King's Fund are carried out under the leadership of Mr. and Mrs. Bill Miller. When Jerry stayed in Long Island, New York, he often interacted with Bill Miller, and Ms. Lylise Miller has always been a Jebbel, so this interaction is even more frequent; Andre Bush, who travels back and forth between Japan and Russia all year round, as a bachelor of economics from Dartmouth University, who followed Bob Cummings and helped him connect with the Far East, Andre Bush is the youngest of JR's investment giants, and he has the most topics with Jerry. For example, he would always say that he fell in love with a certain model yesterday, how elastic an athlete's thighs are, how the Russian Yanma should be dehaired, how to drink vodka, Putin's kid is really TMD fucked, etc. A LOT OF TIMES, JERRY THINKS THAT BOB IS GOING TO BE SO, AND IT'S ALL BECAUSE OF THE SVEN SCUM OF ANDRE BUSH. As for Robert Soros, I don't need to say, everyone knows what the interaction between Jerry and him is like! Even the big Wall Street shark that lurks beneath the surface forever has a much better chance of calling Jerry than Mark Morbius.

It's not that Mark doesn't like to make that call, it's just that he still prefers to use data to speak with a master's degree in economics and political science from MIT, and he would rather not make that call without data and evidence.

The layout and control of the two major fields of economics and politics shown by his young and somewhat terrible boss in the Japanese economic bubble made him, a master's student at MIT, marvel at only 32 likes. Compared to this living example that happened to him, Mark Morbius felt that the things he learned at MIT were simply inferior.

From another point of view, the reason why he chose South Korea as the main entry point in Asia was completely influenced by Jerry.

"It's nothing, but it just suddenly remembered that I had been to Korea before."

Jerry said he had been to South Korea when he was on the Forever-Young world tour. At that time, although the English of Seoul was still Seoul, the Chinese transliteration was still Seoul. At that time, he also stayed in South Korea for a while, and after holding his concert in Korea at the main venue of the Seoul Olympics, he left without any stops.

"Then this time, boss, you can take the time to explore Seoul. But according to what I'm saying, it's not as good as Tokyo and the Tama River! ”

"It's not the same as Tokyo, and it's not the same as the Tama River. A place always has a local character. Listening to what you say, you are already familiar with the environment of Seoul? ”

"I've been in Korea for almost a decade, boss!" Mark replied with a smile.

It's an exaggeration to say that, during the Mexican peso crisis, Mark flew to South America!

"If you have time, introduce me to a few good places, since you are here, you must go out for a walk! Your plan, I'm afraid, can't be solved in a day or two. ”

The elevator went straight up and finally stopped on the top floor.

The top floor has been fully occupied by the Mobius investment team.

With the salary of the Mobius investment group, just one year's annual salary, you can buy a large real estate in South Korea, just to be careful, these guys actually all live in the Hilton Hotel.

When he opened the door of the Presidential Suite, Jerry didn't see the layout of the Presidential Suite at all, what he saw was exactly the layout of the Empire State Building office.

"Mr. Hilton specially helped us renovate!"

When Mark said this, Jerry only thought of the Hilton sisters.

I'm afraid that in the middle, Paris Hilton has also made a lot of efforts! (To be continued......)