"Boss, I have good news for you. Our total profit from shorting Hanbi is as high as 30 billion US dollars. We successfully cashed out this money before you took over the economy of Han Country!"
The shorting of Hanbi started almost at the same time as the Thai baht. When entering the game, the exchange rate of Hanbi was still as high as 780:1, but due to the breakdown of negotiations with the IMF and a series of unfavorable news.
In a very short period of time, Hanbi once fell below the 2000 mark.
After Bailong Bank announced its takeover of Han Country's economy, Hanyuan immediately recovered and now stabilized at around 1600:1.
"Very good, according to the plan, continue to short Han Country's stock market, and the negative news collected by the Thousand Faces Fox can be disseminated."
Only when the stock price is low, Wang Lei will be more efficient in acquisition.
Han Country has a regulation that foreign investment in a company shall not exceed 50%, but this rule does not apply to Bailong Consortium.
Cayman Capital lowered the stock market, and then it was time for Wang Lei to reap the harvest.
The next day, several big chaebols who came to Wang's house for a meeting were not in a good mood.
Because the Han country's stock market plummeted, there were rumors among the people that they were about to go bankrupt.
In just a few months, their market value has evaporated a lot.
If it continues to fall, it will be difficult for them to borrow loans even if they use shares as collateral.
What made Lee Kun-hee and Kim Woo-jung a little uncomfortable was that they were vaguely isolated by other chaebols. Hyundai, LG, and SK were sitting in a row opposite them.
As everyone knows, Samsung and Daewoo are the core allies of the Wang family. They can't resist Wang Lei, so they naturally point the finger at the two of them.
Just when the atmosphere was almost frozen, Lotte's boss Qi came late.
"Excuse me, everyone, I'm a step late."
Hyundai President Zheng Yongzheng waved to boss Qi:
"It's not too late, not too late, come and sit here."
Boss Qi looked at the postures of both sides, ignored the call of Hyundai Big Brother, and sat next to Lee Kun-hee.
Zheng Yongzheng was of course unhappy. He was the first chaebol in Han Country, with the longest seniority among all the people. He even dared to challenge the president openly. He controlled 16% of the total production of Han Country. If the situation was not stronger than the person, he would not give Wang Lei any face at all.
For a while, the top six chaebols were all present and divided into two camps.
However, no matter how you look at it, the three chaebols close to Wang are weaker, and Lotte is not even in the top five.
But from the moment Wang Lei walked into the meeting room, all the chaebols stood up to greet him.
Because this young man controls the future of their companies.
"I invited you all here today to discuss how to distribute the aid."
Seeing that no one spoke, Wang Lei continued:
"Let me give you a heads up first. I plan to let the groups ranked 6th to 70th merge with each other, restructure their debts, and let those that should go bankrupt go bankrupt, and those that should apply for aid apply for aid."
Zheng Yongzheng was a little impatient, and he asked anxiously;
"Does this include the two large groups, Kia and Jinro?"
This was the same question that everyone had. Kia's application for bankruptcy was something that no one had expected.
As the largest automobile company in Han Country, it naturally became the target of competition among the chaebols.
Hyundai was even more determined to get it.
In the original history, it gritted its teeth and bought 51% of Kia's shares in 1998.
Wang Lei smiled and said:
"Don't worry, Kia is not among them, and I don't plan to provide any assistance to it."
Zheng Zhengyong was about to breathe a sigh of relief, but heard Wang Lei continue:
"I plan to let Daewoo Motors acquire the bankrupt Kia, buy back all its shares from creditors, and officially change its name to Bailong Motors!"
"I hope you can withdraw from the competition for Kia and let me take it at the lowest price."
Everyone was angry at Wang Lei's eating. Zheng Zhengyong could only be furious in his heart, because he couldn't get the rescue funds, and he wanted to acquire Kia.
The reason why Wang Lei was so strong was that the automotive industry was a very important part of his future layout. He even had someone contact BYD Battery and planned to heavily support its research and development of batteries.
"As for the 10 billion corporate aid funds, I plan to allocate 2 billion to rescue small and medium-sized groups, and the remaining 8 billion US dollars will be divided among the six of you."
Hearing this, the six people looked better.
In this way, they can deal with the debt collection from foreign banks and invest the remaining money in production.
Lee Kun-hee asked shamelessly:
"Then how do the six of us divide the 8 billion US dollars?"
"Don't worry, father-in-law, this 8 billion US dollars is not for nothing."
Jin Yuzhong asked:
"Is the interest rate still 12%?"
Wang Lei shook his head: "The interest rate only needs 5%!"
Everyone became uneasy after hearing this.It is a problem for the interest rate to beat inflation. The Wang family is not a charity, so they must have ulterior motives.
"I hope to acquire 51% of the shares of each parent company with your current market value!"
Everyone was furious when they heard this.
Lee Kun-hee also looked at Wang Lei with a puzzled look.
He seemed to be asking, why 51%?
Wang Lei just pretended not to see it.
The chaebols all thought Wang Lei was crazy, and Boss Xin hurriedly said:
"Mr. Wang, your idea is not realistic at all. We have a lot of shares in the hands of foreign capital as a low pressure. We want to sell them to you, but those people don't agree."
Wang Lei certainly knew this, and he smiled:
"I will naturally communicate this matter with them, provided that you agree to the acquisition of the White Dragon Consortium."
Lee Kun-hee thought about it. If the debt could not be exchanged, these shares would still fall into the hands of foreigners. It would be better to use Wang Lei's hand to take back the shares. It is better to benefit his grandson than foreigners.
"Our Samsung Lee family agrees to this acquisition!"
Everyone was in an uproar. After all, Wang Lei was just the son-in-law of the Lee family. How could Lee Kun-hee make such a stupid decision?
After that, Lee Kun-hee began to instigate Jin Yuzhong:
"Old Jin, your Daewoo's debt problem is urgent. If you don't make a decision now, how long do you think Daewoo can last?"
"It's better to let Wang Lei help recover the mortgaged shares than to let those foreigners get a bargain."
Jin Yuzhong gritted his teeth. That's 51% of the shares. Will Daewoo be named Jin or Wang in the future?
"Don't worry, I will sign an agreement with you. After Bai Long joins the shares, the group will still be run by you. I will not interfere with your sovereignty. Bai Long only retains the right to supervise and impeach."
As he said, Wang Lei looked at Boss Xin with a threatening look in his eyes.
As the sixth largest chaebol, Lotte was not qualified to sit here. It was Wang Lei who gave him the power to make a choice.
Boss Xin didn't dare to look Wang Lei in the eye, but he immediately thought of a good idea:
"We, Han Guo Lotte, are willing to facilitate this deal!"
Just Han Guo Lotte?
Wang Lei still let go of Boss Xin's continued use of his eyes to kill him, at least this guy showed his attitude.
He turned his gaze to Jin Yuzhong:
"Senior Jin, what do you say about Dayu?"
Jin Yuzhong said frankly:
"Mr. Wang, you suddenly asked for 51% of our shares, which really caught us off guard. Can you allow me to go back and think about it carefully?"
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