Chapter 521 Memorandum Reached by the Three Giants

Fortune Chapter 521: A memorandum reached by the three giants

Mr. Fan, your approach seems inappropriate. There is no way out for a monopoly. Jianxi hopes to convince Fan Wubing.

Fan Wubing laughed. "-This is not the right thing to say. I have heard it said before. A Korean cannot avoid the word Samsung since he was born."

Koreans cannot avoid three things in life. Death taxes and three stars. As the largest enterprise group in South Korea. Samsung controls the apartments where Koreans are born, settle down, and even the morgues where they die.

Samsung Group's sales are equivalent to one-sixth of South Korea's gross domestic product. If this is not considered a monopoly. Then I really don’t know what monopoly is.

Therefore, Fan Wubing felt that Li Jianxi's words were really funny. Li Jianxi himself also blushed a little. Probably because he was upset about his mistake.

Since South Korea was also affected by the meltdown, its economy collapsed. The South Korean government and people have begun to reflect on whether South Korea's chaebol politics has serious shortcomings. What should the government do to undo the impact of this mistake?

Based on recent decisions. The South Korean government plans to reorganize domestic consortiums. to improve their international competitiveness. if not. Wait until ImF orders South Korea to reform its economy. I am afraid that a large number of foreign companies will use South Korea as a huge market for dumping.

In view of this. Star Group is also on the list of reorganizations. Therefore, Li Jianxi also felt a little worried. I hope something can be done to prevent the government from interfering too much in my company. The Lee family lost control of the Samsung Group.

At present, due to the pressure of the ImF and the complete collapse of the family-owned consortium in the gold storm. South Korean people have deep resentment towards conglomerates and believe that consortiums are harming the country. There are strong calls to break up Samsung. Li Jian had to consider his future future. Foreign aid must be brought in to solve the dilemma we are facing today.

Fan Wubing came this time. It did provide him with a good opportunity.

Li Jianxi's family usually has a very good relationship with the government. Therefore, the South Korean government is worried that Fan Wubing and Soros will team up to destabilize the South Korean economy. I thought of him first. Ask him to help inquire about the situation. This is also one of his strengths. It's just that the policies targeting major family conglomerates cannot be unfair. Therefore, if Li Jianxi wants to enjoy special treatment, he needs to make special contributions.

After Li Jianxi thought about it for a long time, he asked Fan Wubing, what kind of cooperation can we form? "

"There will be a lot of cooperation. We can talk slowly. Mr. Soros is probably coming soon.

"Fan Wubing was very pleased when he saw Li Jianxi's agitated look, so he changed the topic.

Li Jianxi was about to ask a few more questions. People from outside come in and talk. Mr. Soros has arrived.

Soros brought only two assistants. But he is not his operator. But a bodyguard.

Although the old man is a staunch communist. But there is no prejudice against a rich man like Fan Heng, and Fan Wubing is still his creditor against such a person. You should be much more polite.

After the guests and hosts were seated, Fan Bing introduced the two of them. Only then did Soros understand. The middle-aged man sitting in front of him. It is Lee Kun-hee, chairman of Samsung Group, who has always been reclusive and unwilling to be exposed in the media.

"Mr. Soros, our original plan needs to be adjusted due to the appearance of President Li." Fan Wubing said to Soros seriously.

Soros was stunned for a moment. What plans did he have with Fan Wubing? But he soon realized. It was originally a meeting between two people. Suddenly there were three people. I'm afraid there's something fishy in it. Otherwise, Fan Wubing had to tell himself that Li Jianxi would participate. After all, Li Jianxi is also considered the number one figure. There is no reason to be ignored.

So Soros pretended to be surprised. "Why? Isn't it agreed upon?"

Li Jianxi heard the exchange between the two people. I immediately felt that these two people must have had a conspiracy. Otherwise, such words would not be said. He trusted the judgment of South Korea's intelligence agency even more. It was previously reported that Fan Wubing and Soros formed a partnership to make money in South Korea. It should be true.

Fan Wubing smiled secretly in his heart. The old man Soros is also top-notch in acting. Pretend to be just like the real thing. But there was a serious expression on his face. He glanced at Li Jianxi. Then he said. "Although we previously discussed testing South Korea's financial system again to see if their system is still fragile. But Li Jianxi will always ask for this. We always have to save him some face. After all, we are a good company. Partners. We have had good cooperation in the past. We will continue to cooperate in certain areas. Therefore, I think there is a limit to what the Korean people can bear. They should be treated humanely.”

Soros heard this. I understood immediately in my heart. I was surprised that Li Jianxi would appear here. It turned out that the Koreans thought that they and Fan Wubing were coming back to target them. This time it was unjust.

But Soros had no special reaction. Instead, he asked in a very cooperative manner. "So, isn't our preparation this time in vain? This is a huge loss. My clients will be disappointed by this. Mr. Fan, you can't put your work behind you for personal reasons. It’s not a very wise thing to mix business and personal feelings.”

Fan Wubing replied solemnly. "The way we Chinese behave is somewhat different from yours. We treat friends and feelings before our career.

so. During this operation, I not only have to sit back and watch. And there is a chance that they will turn against you. "Mr. Fan." You can't do this -" Soros stood up very excitedly. Seeing Fan Wubing's expressionless face, he sat down a little slumped. Then he said. "Alas. In this case. Our losses will be great. "

The cooperation between the two people can be said to be flawless. Although it has not been rehearsed, it seems to be natural. Seeing it as if it was real, Li Jianxi's heart couldn't help but beat wildly. Xindao, if these two people join forces to deal with South Korea. What a terrible disaster it would be. It’s shuddering to think about it.

"Actually, Mr. Soros, I'm not talking about you. Sometimes, a crocodile-like attack method may not necessarily bring you much profit. On the contrary, gentle investment may also bring unexpectedly generous income." It's almost time for Fan Wubing to meet him.

Tempt yourself to think about Mr. Buffett. He comes so much. How rich is it? "

"Mr. Fan, do you want me to engage in long-term investment? Rather than short-term short-selling speculation?" Soros asked very confidently. For Fan Wubing, who is also a financial giant. This young man built a huge financial empire from scratch. He is very concerned. I have also read some information about Fan Wubing. Fan Wubing's handwriting is large and accurate. It was completely a demonstration of the hand of God in the human world. Therefore, when Fan Wubing raised this matter, he paid close attention to it. His thinking is also extremely active.

Fan Wubing nodded and replied, yes. It's long-term investment. "

After a pause. Fan Wubing said to Soros. "South Korea's economy is already dilapidated and failed. If you continue to suppress it, there will be no profit. And now the ImF is injecting capital into South Korea. Help them develop their economy and embrace the free economy. This is a good opportunity. At present, South Korea's The stock market has bottomed out. If we intervene at this time, it will not only be a positive stimulus for the Korean government, but we can also get very rich returns. .

Such a safe and risk-free investment activity. Why don't you consider giving it a try? "

Soros has not considered this matter. But at this moment, I heard Fan Wubing’s analysis. But he was a little moved.

The current situation in South Korea is clear. Economic reform is urgent. Although the current financial situation is bleak. The stock market is in the doldrums. But Soros knows it. Once you look back. The stock market, which has already fallen, is bound to rise sharply. It was just as Fan Wubing said. The income will be very generous.

"But. This is very time-consuming. And many of my funds are short-term loans." Soros said hesitantly. Still a little undecided.

Sources of capital for hedge funds. Many are borrowed funds on a short-term basis. It was raised temporarily. Soros was worried about investing in the stock market. There will be a considerable waiting time. If you can't withdraw by then. He is about to face a big crisis. The risk is too great. He couldn't decide at the moment.

But Li Jianxi started to stir up the excitement. "The country's economy is generally improving. The financial crisis is only temporary. As Mr. Fan said, a market downturn is a good time to invest. If it weren't for the difficulties we at Samsung are facing, I would also choose to invest in the stock market." When the uptrend resumes, Mr. Soros may not be able to consider Mr. Yifan’s opinion. This is a once-in-a-lifetime opportunity.”

For Li Jian. He only needs to complete the task assigned to him by the South Korean government. Soros and Fan Wubing should not mess up the Korean financial market. The purpose is achieved. As for their investment in the stock market and so on. That is dispensable. If Fan Wubing and Soros really reached a consensus to invest in the Korean stock market. So in short. It is also a behavior that is beneficial to the market. At least it can stimulate the confidence of the Korean people. to enable the Korean economy to recover as soon as possible.

Fan Wubing continued. "According to my prediction, the national economy can be on the right track within two years. So what we have to wait is two years. Even if you are planning operations, it will take more than half a year. Just two years. Stable income ratio Everything is strong. It's very cost-effective. "Two years is too long. All kinds of changes are possible." Soros shook his head and sighed.

He didn't just make a gesture. More importantly, he couldn't figure out whether Fan Wubing was lying to Li Jianxi. I still have the intention to cooperate with myself to buy the Korean stock market at the bottom. Therefore, we should use meditation and thinking to fill the time. Let’s see what kind of expression Fan Wubing has.

really. Fan Wubing saw that Soros had no reaction. He said with enthusiasm. "Aren't you just worried about the loss of funds? It's better to do this. Since I am going to help Chairman Li, how about I make up for all the losses during this period? We each invest 20 billion The Korean stock market. Or the Japanese stock market, which is also severely damaged, will bear the difference if the current loss or the rate of return does not cover the interest rate for two years.”

Only in this way did Soros understand Fan Wubing's intentions. It turned out that he came to me for more than just chatting. In fact, it is to limit your funds to a certain period of two years. It seems he is coming this time. It is indeed a rescue for the Hong Kong Monetary Authority.

However, Soros also thought of a problem. If he insisted on going into the Hong Kong market, Fan Wubing would definitely not sit idly by. With his current ambition of taking out 20 billion and putting it in a two-year market, it would not be a problem to take out another 20 billion. Then his situation would be somewhat passive.

After thinking for a while, he said, "It's not enough to just pay for the profits. I want a 30% profit subsidy. Otherwise, I can't explain it to the shareholders."

Fan Wubing didn't say much. He directly replied, "20%. It would be difficult for me to pay more."

"Deal." Soros nodded in agreement.

Lee Kun-hee saw that the two had reached a consensus. He felt relieved. He thought that if he didn't come forward, once the 40 billion US dollars of funds entered the Korean market, it would be like being swept by the Pacific wind group for more than a dozen times, which would be serious.

So the three of them got together and studied the problem of how the funds were operated. Fan Wubing needed to manage his own money. In addition to the part of the money lent to Soros and the profit from the appreciation. He needs to add another 6 billion US dollars. Soros needs to take out 20 billion. That is to say, the money originally planned to enter Hong Kong. This time, all need to be withdrawn.

Lee Kun-hee also talked with Fan Wubing for a while. He made some more pragmatic decisions on the cooperation between the two companies. He decided to cooperate. Complement each other in mobile phones and LCD products. Samsung gave up some technical research and development. Use the baseband chips and LCD products provided by Fan Investment Group to assemble low-end machines. Then enter the US and European markets together. As Fan Wubing said. Although there are rich people in Europe, there are also many poor people. For consumables such as mobile phones. Sometimes it is necessary to make the appearance a little fancy. There is really no need to be too particular about the functions inside. Being able to make calls solves the big problem.

Today's third update is delivered