It turned out that bill and Li Shanquan sent a briefing and the latest information about the financial crisis.
With the turmoil caused by the financial crisis, the South Korean government is about to go bankrupt. Now it has reached a loan agreement with the IMF (International Monetary Fund). Naturally, this loan is not so easy. The South Korean government is bleeding and has reached a series of agreements that are a bit like "betraying the country".
For example, foreign companies can own shares of listed companies from 26% to 50%; Foreign individual shares have also increased from 7% to 50%, which has opened a gap for those companies with foreign control in South Korea.
For another example, financial institutions must be audited by international accounting firms, Korean enterprises must use international accounting principles, the Korean central bank must operate independently, and the currency under your capital account must be fully convertible.
In addition, for example, in the field of import and export trade, transparency of import license procedures, supervision of corporate structure, etc., it can be said that the establishment of these financial policies and regulations has indeed lost a lot to South Korea, especially the control of foreign investment and holding in South Korea.
For example, Huamei bank took the opportunity to acquire 50% of the shares of a failing city bank in South Korea. Of course, there are the rest through offshore companies, let Li Fuzhen come forward, complete 100% holding, and prepare to integrate into Standard Chartered's 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 completion of such loans, although it is easy for South Korea to survive the financial crisis, it is completely liberalized in terms of the country's financial security. After all, 50% of the shares can be controlled as long as they are operated a little.
In order to increase the competitiveness of South Korea's export business, it also led to the continuous depreciation of the won, which once reached 70%. Li Feng's investment company naturally made a lot of money in it. Only the income in South Korea was nearly 10 billion US dollars. It was really frightening to say.
……
In addition to South Korea, there is also Japan. Since the second half of the year, the currency has also depreciated continuously, with an income of more than US $5 billion. Japan's currency devaluation is not as exaggerated as the won, but there is also a devaluation of nearly five layers.
In short, in South Korea and Japan, the total revenue is about $15 billion. Seeing such a figure really makes Li Feng wake up when he sleeps.
It can be said that although it benefited greatly before, after all, it was operated through leverage, with tens of billions of dollars. Later, the operating funds in South Korea and Japan were more than 10 billion. It was proud of the large number of economies in South Korea and Japan.
Like Southeast Asia and other places, although the scale is higher than that of South Korea and Japan, after all, the economic volume is small. If calculated according to the scale of five times the leverage and US $40 billion at that time, the overall income will be about 30%. However, the income of this operation of more than US $10 billion is basically more than 100%.
Now the first stage of the Asian financial crisis is completely over. It can be said that international hot money and Wall Street giants are reaping the results of the first stage. A large number of high-quality assets in Southeast Asia, South Korea and Japan have entered the eyes of the giants, and Li Feng's Tianya investment is no exception.
Li Feng still has some impressions about the next performance of the financial crisis. First, it seems that Indonesia will carry out a large-scale retrogression in early 1998. This is Li Feng's last chance to prepare.
Second, there was also a fight against the fighting nations in the second half of the year, but it seemed that international capital did not make a profit on the fighting nations; Of course, there seems to be another time in Xiangjiang. However, these two international capital did not earn, but suffered serious losses.
Therefore, Li Feng is ready to wait until the beginning of 1998. Except for the operation in Indonesia, the rest do not intend to participate. They just sit and watch the wind and cloud and the play.
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 Meidi, it will be subject to huge taxes. However, Li Feng has long planned to set up major funds and private capital after the integration, take shares in major companies and become independent shareholders.
Then put these newly established funds and private capital into the newly established family trust or family charity fund, so as to avoid the huge tax problem; The second is to add details and retreat for Li Feng's powerful family in the future.
When it comes to the income in South Korea and Japan, I have to mention Li Feng's Samsung Princess - Li Fuzhen. Since she completely came out of Samsung, she got Xinluo Hotel and media resources. Later, with the support of Li Feng, she 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 one of the three major television stations, Seoul Broadcasting Company (SBS), and has a controlling stake in South Korea's largest central daily founded by Samsung founder Li Bingzhe.
In South Korea, Li Fuzhen is now known as the "Korean generation of media Queen". He controls half of the Korean media field and has great influence.
Fortunately, Li Fuzhen came forward. In fact, what many people don't know is that the major shareholders are secretly controlled by Li Feng, but the famous controller is Li Fuzhen. It can be said that Li Feng can attack the three-star princess, which is the most right move.
With the big Princess of Samsung at the front desk, the media group can go all the way. For example, Tianyu media group, which is famous for Li Feng, takes a stake in Li Fuzhen's media group and has a 30% stake, so that Li Feng's influence of Tianyu media can directly affect South Korea.
The whole morning was spent working with Wang Siqing and Li Feng until Catherine and Heidi came to the study to call them. They said it was lunchtime.
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It can be said that this opportunity was obtained through the financial crisis. Otherwise, where can Li Feng be qualified to toss around the world like this? Therefore, Li Feng can't wait to shout "I love the financial crisis" and even giggle at the dinner table from time to time.
"Annie, what's the matter with John? He's been giggling."
Watching Li Feng's "gaffe" performance at the dinner table made Heidi and Catherine wonder. They had to ask Wang Siqing, who was watching the play.
"Who knows, I don't know. I guess I'm thinking about a woman again?"
Wang Siqing calmed down. Although he was shocked when he first saw the crazy income, after all, the money was not hers, which was just the first shock. 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 I don't trust. Such things can only be kept secret. It's better for few people to know as much as possible. Even their own women are no exception, which can reduce a lot of trouble.
"Hello... John, what are you doing?"
"Oh... Nothing, just thought of what gift I would buy for you."
When you wake up, you open your mouth, and white lies are blurted out.
"Really? Why don't we go shopping in the afternoon?"
"Can you have some pursuit?"
"Are you going?"
“……”