Chapter 458 Attend the Dinner Party

Regarding Li Yuan's explanation, Huang's father doesn't seem to fully understand: "Yuanzai, don't discuss macro aspects, just specific things." We now have several new properties in development, what's next? ”

"Grandpa, Dad, the funds for the new project are easy to solve. Anyway, Jiaojiao and I will support you. It is nothing more than lowering the original profit expectation and lengthening the profit cycle. Li Yuan smiled, "But have you ever thought about it, Hong Kong's housing market is basically saturated." And in a saturated market, the profitability is relatively fixed, and there will certainly be no big ups and downs. Only in a fast-growing market can high yields be achieved. ”

Of course, everyone understands the truth. Huang Xuri immediately asked suspiciously: "Yuanzai, yours is still a real estate development in the mainland?" We have studied your Jinyuan project, and it seems that we have also encountered the problem of unsalable. If it weren't for your company's own production and sales, it is likely that the funds would be dragged to death by this kind of project. ”

Li Yuan nodded: "Then you should find that at the beginning, the demand was not fully stimulated, so there was no sale." But with the stimulation of the combination punch, we can achieve the shortage of supply by relying on the housing needs of our own employees. ”

"The thrill of a combo?"

"It is commercial real estate, multi-functional areas, rent-to-buy, welfare to commercial housing, etc."

"Oh! Can you tell us more about that? ”

"Yes! In this way, I will ask Jiaojiao to give you a big project, and we will develop it together. Once you have done it, you should know all the details in it. ”

"Watch!" Huang Jiaojiao immediately turned into a cat that protected food, causing a burst of laughter.

Old Man Huang thought about it for a few seconds, and then decisively clapped his decision: "That's it." We don't take advantage of the edge of the boy, let's add everything to five! ”

"Huh." Li Yuan smiled and nodded, "Grandpa, Dad, Big Brother, in fact, I also have a reluctant request." We can work together. You have experience in real estate development, I am not interested in real estate here. I simply handed over those projects to you Huang, and Jiaojiao and I will be the major shareholders of dividends. ”

"Watch!" Huang Jiaojiao ran to Old Man Huang's side and kept coquettish, "Grandpa, you all bullied me, I always wanted to defeat you!" Stepping on your Huang headβ€”β€”! ”

The crowd laughed again.

Old Man Huang touched Huang Jiaojiao dotingly: "Then that's it, let's discuss the shares." ”

With the injection of these mainland projects, Huang will be able to hype up the concept and raise a wave of funds in the stock market first, which can at least alleviate the problem of tight funds.

Moreover, Hong Kong is indeed too local, and the internal competition is very fierce, so it is indeed time to enter the mainland.

However, Huang's father is still a little worried: "Wouldn't it be too risky to do this?" Now there are constant turmoil in the surrounding area, and even Hong Kong has been in turmoil. Will the mainland collapse in the same way? ”

Li Yuan smiled: "How else can it fall?" Anyway, those plots are there, and there is no problem in developing them for decades. Sooner or later it will be restored. In addition, the foreign exchange market in the mainland is completely closed, and the soft sister currency cannot be freely converted. Want to bring us down? Then you have to exchange it for soft girl coins in our hands first, right? ”

Laughter rang out all around. Indeed, this is the truth.

Now that this most important cooperation has been resolved, then there are some other aspects of cooperation.

For example, about the merger of shipping and logistics companies of the two parties. This time, it was basically Huang's participation in the shares, and it was merged into Liyuan, and the CEO was of course Huang Jiaojiao, who could finally make the eldest sister raise her eyebrows.

In addition, there are some forecasts for the Hong Kong economy. Anyway, it's basically small talk, and there's nothing very new......

……

However, at this moment, the financial turmoil outside is intensifying. Although this domino effect has not yet affected Hong Kong. But the aftermath of the storm has finally made some Hong Kong companies feel the crisis.

Throughout Christmas and New Year's Day, Li Yuan spent it in Hong Kong, and finally ushered in 98 years.

The financial turmoil also swept through South Korea.

South Korea's chaebol model is inherently flawed. They are not like the chaebol model of the book, they have accumulated huge assets, and their ability to resist risks has become extremely strong. South Korea's chaebols have relied on high borrowing to expand, often with alarming debt ratios. Therefore, as soon as there is a stir, it immediately becomes precarious.

In fact, at the beginning of 1997, South Korea's second largest steel company, Hanbao Iron and Steel Company, declared bankruptcy due to its inability to repay the loan, which opened the prelude to the bankruptcy of South Korea's large chaebol.

Even in the subsequent financial crisis, in just three years from 1997 to 1999, 11 of South Korea's 30 major chaebols went bankrupt, and well-known companies such as Kia and Daewoo were all in their own pockets, because many companies were unable to repay their debts, and the operational dangers of South Korea's banking industry continued to accumulate, and the banking crisis began to extend.

Shortly before that, in November 1997, after the Bank of Korea announced that it would abandon its efforts to maintain 986 won to 1 dollar, the exchange rate of the won against the dollar fell to the lower limit of 1008.6:1 on that day, announcing the outbreak of the Korean financial crisis.

On December 23, 1997, the South Korean won fell to a historic low of 1,962:1 against the dollar.

The rapid depreciation of the won has also led to a recession in South Korea's real economy. As soon as South Korea entered the ranks of high-income countries, it immediately returned to its original form.

And the South Korean stock market also suffered hard. In the fourth quarter of 1997, the South Korean Broad Stock Index fell by 41.8% from 647.11 points to 376.31 points.

Anyway, all the partners in East Asia and Southeast Asia now, one of them is worse than the other, and no one should laugh at anyone.

Of course, the people of South Korea are still working hard. They used their ancestral skills – donating their family's gold, and some marching to cut their fingers.

But how can such a move stop the greedy European and American countries, especially Wall Street?

Until December 1997, it was largely dominated by the South Korean government.

The South Korean government continues to inject capital into companies on the verge of bankruptcy to keep them afloat. But in the face of the huge debts of the major chaebols, such capital injections are just a drop in the bucket. In fact, it didn't work at all.

Because all the plutocracy is rotten to the roots. There were too many, and most of them didn't come back to life in the end.

Another way is to buy won in international shopping malls to stabilize the exchange rate. But soon the foreign exchange reserves bottomed out, and it also did not have any effect. And the South Korean won plummeted against the dollar.

Eventually, South Korea was desperate and turned to the IMF for help.

Of course, the situation after that should be known, this is - represented by Wall Street, European and American capital completely surrendered, and South Korea was completely reduced to an economic colony.

Anyway, everything that should be sold was sold, and even the bottoms had to be sold, so I couldn't care about anything......

……

In the whistle, Huang Jiaojiao was wearing a tie for Li Yuan, and the two of them were going to a banquet tonight.

Ling Ling held a water gun, curiously watched Baba whistling, and suddenly "sizzled" at Li Yuan a few times, and ran out with a "gurgle......

"Ling Ling, looking for a fight?" Huang Jiaojiao was so angry that she was half dead, and directly exuded the momentum of a tigress, "Yuanzi, what should I do?" To change clothes, we're going to be late. ”

Li Yuan smiled, he didn't care at all, wasn't it just that the child was naughty?

"It's okay to wear it, it's almost dry when you get there."

"No! You men can be sloppy and lose my face. ”

"Okay, okay! Let's change the set! If you're late, you're late, and it's not a very important banquet. ”

"Humph!"

After driving the child away, the maid quickly took a new dress.

While helping to clean up, the two of them were chatting: "Hey! Do you know anything about Korea? Fortunately, it's not us in Hong Kong, they should be very unlucky there. Hee-hee-hee. ”

"Let them go! The stick is a dead duck with a hard mouth. The poorest are just asking for food, and they will always come out in life. Why should we be like them? ”

Huang Jiaojiao nodded approvingly: "That's it." They are bad because they die to save face. If I had known that this would be the result, it would have been better to give up in the first place. ”

"That's right! It's okay to give up. As long as you breathe this breath, why bother to surrender on your knees? Now it's good, pots and pans are sold at the price of cabbage. ”

"Eh, are you losing a lot? Don't you have a listed company in your book? ”

"Hey, hey." Li Yuan smiled proudly, "Parallel Line entered the Korean market and successively acquired 17 Internet and communication companies. Who made the parallel line an American-funded Japanese company? That's the grandfather and godfather of the stick! Hey, hey, hey. ”

"Huh?"

"Let me tell you, many companies are not bad, and basically have the hope of listing and financing in KOSDAQ, a three-board shopping mall in South Korea. Also, this financial turmoil, the economy of the book has also been greatly affected, and many stocks have fallen miserably. However, the parallel line is the only one that stands out, and now the total market value has exceeded 700 billion yen. Hey, hey, hey. ”

"Huh?" Huang Jiaojiao blinked, with a cute expression, "Yuanzi, I can't understand it anymore, this Internet is becoming more and more like a legitimate scam." How can the more you lose, the faster the stock price rises? ”

"That's called burning money and grabbing traffic." Li Yuan corrected with a smile, "It's like when you invested in me." If you see it, it's a rush. ”

"What if you can't see it accurately?"

"Simple, huh? Cheating money and sex! Hahaha! ”

"Fate! Are you a dog, dare to have bad intentions towards this palace? Giggle...... Hey, don't make a fuss, you're going to be lateβ€”β€”! ”

β€œβ€¦β€¦β€

……

One by one, the sudden collapse of South Korea's economy is very deceptive, and at least it has brought a very false sense of security in Hong Kong

Imagine that after Soros, the international hedge fund predator, swept almost all Southeast Asian countries, Hong Kong seemed to be a dragonfly, and then slapped the bend to death first, and then punched South Korea. As if Hong Kong had been forgotten?

Therefore, in this New Year, Hong Kong has a celebratory atmosphere for the rest of its life, and it still maintains the pompous prosperity of the past few years.

Tonight's banquet is nominally the first place won by a certain racehorse, and the owner of that racehorse invites guests to celebrate. Of course, it is mainly the social activities of the upper class.

The Jockey Club in Hong Kong is the equivalent of the identity card of the upper class. Generally people with heads and faces, they are all members of the Jockey Club. Of course, you don't necessarily need to have any horse racing, pay an annual membership fee to attend the school

However, what Li Yuan didn't expect was that when he and Huang Jiaojiao were late, the owner went out to greet him in person, and took a photo with the horse racers and horse racers.

"Uncle Xiong, congratulations. I wish you a head start every year! Li Yuan said the scene and shook hands with the master with a smile.

"Yuanzai, the first time we met, young and promising?" The male uncle looked quite enthusiastic, "Are you interested in participating in the Jockey Club?" I can be your recommender. ”

"Uh...... I have a copy of the Book of Horses, will it have an impact? ”

"As long as you don't have a racehorse. I often go to the club to sit and baa. ”

"Then let my wife participate, shall we? I probably don't come to Hong Kong very often. ”

"Then I'll arrange it for you."

"Huh."

β€œβ€¦β€¦β€

The sudden enthusiasm made Li Yuan a little baffled. When he entered the banquet hall, he asked Huang Jiaojiao in a voice: "Jiaojiao, what's the matter with Uncle Xiong?" Is he familiar with you? ”

Huang Jiaojiao glanced at her: "Don't be so suspicious, okay?" I listen to my second brother, many people here in Hong Kong are scolding you. Hee-hee-hee. You have done all the evil now. ”

"How is it possible, I haven't bullied men and women yet, have I? When, catch a few beautiful women on the street and have fun? ”

"Huh? Isn't Hongu a beauty? Didn't Bengong be deceived by you? ”

"Ahem. Look, let's eat first! Is this a three-headed abalone or a five-headed abalone? ”

"No matter how many abalone he has, this thing is not rare, isn't it sold by us?"

"Hehe, probably not. Could it be that they are taking out our African abalone? ”

"I don't understand this, I only know how to eat. Hee-hee-hee. ”

β€œβ€¦β€¦β€

The two mothers have been joking with each other. Tonight's banquet is not a very formal dinner, in the form of semi-buffet and semi-Chinese hot stir-fry. You can walk around and chat, or you can gather at a table to eat and drink.

At this moment, Li Yuan felt a little bored. The entertainment activities in this era are still too poor, so it's better to take your mobile phone to masturbate?

"Hey, what are you thinking?"

"Oh! Develop game projects. There is some truth in what you just said, the Internet does lack a profit model. No matter how much you don't care about it, you have to see a profit point, right? ”

"Hey, how much money can children earn from playing with things? Give you a big goose leg, and the wings will be mine. ”

"Jiaojiao, I've always had a question for you, I wonder if you're going to be angry?"

"If there's a fart, let it go! Remind you, don't make Hongu angry? ”

"Oh! You are also from the eldest sister, why do you like to eat so much? ”

Huang Jiaojiao "eats" and laughs: "Isn't it just British reading?" There is nothing good to eat at all. Just that french fries fried fish, can it still be made so unpalatable? I was dying of hunger. I can't wait to run a Chinese restaurant. But the family doesn't give pocket money, and they can't afford to eat at all. Hee-hee-hee! ”

β€œβ€¦β€¦β€