I want to be a chaebol
Chapter 83 Finally worth over 100 million (first update)
Time entered May, and Song Yi began to gradually withdraw the funds he invested in the B-share market. Currently, the Shanghai Stock Exchange B-share index has reached a high of 200 points.
The US$10 million that Song Yi originally mortgaged for multiple properties in Seoul has turned into US$37 million. Song Yi only needs to gradually clear out the B-shares held by the end of May.
According to Song Yi's estimation, he could cash out about US$40 million from the B-share market at one time this time, putting aside the principal of US$10 million and making a profit of nearly US$30 million.
In 2001, 1 U.S. dollar could be exchanged for almost 8.2 yuan, and Song Yi made a profit of 246 million yuan this time.
If Song Yi invests 200 million yuan in real estate in the three cities of Yanjing, Puhai, and Pengcheng, it will only take more than ten years for these properties to turn into 20 to 3 billion yuan. Song Yi now chooses to lie down, without struggling, and can still be free and easy for the rest of his life.
For ordinary people, the most difficult thing is the first pot of gold. Isn't Song Yi struggling in South Korea for more than half a year just to catch up with the wealth feast in May?
In late May, Song Yi flew to Hong Kong Island. He had already cashed out US$20 million from the B-share market. He was planning to contact Li Zekai and buy 20% of the Penguin stocks held by Li Zekai.
If Li Zekai has no intention of selling, then Song Yi plans to contact the investment institution IDG, which is also interested in selling their Penguin equity.
In 1999, Penguin's Ma Ge started to achieve success in his business. He was in urgent need of funds to purchase servers and pay wages to his employees.
In fact, Xiao Ma has contacted overseas venture capital institutions. In the end, IDG and Li Zekai's Yingke Digital each bought 20% of Penguin's shares for US$2.2 million.
Song Yi arrived in Hong Kong first, and Liao Yu flew over to join her. Song Yi is planning to set up a family trust fund in Hong Kong Island. Song Yi's parents, Liao Yu and Song Miao, are both beneficiaries of the trust fund.
Song Yi booked a sea view suite at the Peninsula Hotel in advance. From the hotel room, you can see Victoria's sea view.
Song Yi picked up Liao Yu at Kai Tak Airport. Liao Yu was wearing a floral dress, an off-white women's suit jacket, a ponytail, and sunglasses. From her appearance, she could not tell that she was six years old. The child's mother.
The Peninsula Hotel arranged a special car. Song Yi took Liao Yu's suitcase. He noticed that Liao Yu was in a bad mood, "What's wrong? Who made you angry?"
Liao Yu got into the car and said, "It's nothing. The stewardess on the flight was a little angry when she saw people dropping dishes."
Liao Yu nodded, "Because it was a bit cold on the plane, I asked the stewardess to help me get a blanket. I said it the first time, but they didn't take it. I thought they didn't hear it, so I repeated it in Mandarin, but they were still indifferent. . Unexpectedly, as soon as the foreigner sitting behind me spoke, the stewardess immediately took it away. This kind of differential treatment really made me so angry that I almost got into a quarrel with them."
Song Yi said to Liao Yu: "I asked you to book first class, but if you don't, if you fly first class, they will definitely understand your Mandarin."
Liao Yu was still aggrieved, "It has been several years since Hong Kong Island returned to China, but there are still people like this."
Song Yi comforted Liao Yu, "Okay, don't be angry. Why are you arguing with them? If you are really angry, I will help you file a complaint against them later. Let's go back to the hotel to rest first, have afternoon tea, and then show you what to do. Take a look at the night view of Victoria Harbor.”
When Liao Yu entered the hotel and completed the check-in formalities, she discovered that Song Yi had only booked a suite.
Liao Yu hadn't seen Song Yi for several months, so she didn't hesitate and went to take a shower first, leaving Song Yi who was ready to watch the joke with nothing to say.
"I thought you were going to let me book another room." Liao Yu was wiping her hair outside the bathroom, and Song Yi stood next to Liao Yu and chatted with her.
"Thousands of Hong Kong dollars are gone after one night's stay. Why waste it? There are two beds in the suite, so we can each sleep in our own room." Liao Yu replied playfully.
Song Yi pretended to be disappointed, "Ah, can you bear to let me stay alone in an empty room?"
Liao Yu chuckled, "A certain person has a lot of things to do in Seoul. He not only has a real girlfriend, but also a non-staff girlfriend, and recently found a beautiful female secretary. I advise him to be careful, the Song family is still waiting for him to pass on the incense. .”
When Song Yi heard Liao Yu's insinuation, he didn't dare to talk nonsense, so he took Liao Yu to go shopping in the mall below the hotel.
Across the hotel lobby is the Peninsula Hotel's small shopping mall, which has LV and Tiffany stores.
This LV store does not have many styles, so Liao Yu carefully selected them in the store. The Peninsula Yanjing Wangfujing Hotel also has an LV store. Liao Yu and Zheng Yiping visited it several times, but the prices on Hong Kong Island are still more favorable.
Liao Yu tried on a few. Song Yi felt that these bags matched Liao Yu's skirt very well, so he told the clerk: "Pack this baguette bag, as well as the pea buns and croissants you just saw, and swipe your card."
Liao Yu smiled and pinched Song Yi, "Oh, what, your life is over?"
The clerk paused for a while, waiting for Song Yi's decision. Song Yi was also happy, "Listen to me." The clerk happily packed Song Yi's bags, and they could deliver the bags directly to the hotel room.
After shopping at LV, Song Yi took Liao Yu to see Tiffany's jewelry and picked out a necklace and a ring for Liao Yu. Liao Yu put the ring on the middle finger of her right hand and was very satisfied, "How about it? Does it look good?"
"You are good-looking and look good no matter what you wear." Song Yi praised.
Liao Yu smiled happily. At this time, several young girls walked into the Tiffany store. Liao Yu looked at them, her expression changed, and she snorted.
Song Yi raised his head and glanced, "Cathay Pacific stewardess? Do you want me to vent your anger?" Song Yi told Liao Yu's ear his idea.
Liao Yu was coaxed by Song Yi and said, "You are too bad. You think of this idea like a nouveau riche. Forget it, I am in a good mood today and I am not as experienced as them."
The flight attendants obviously recognized Liao Yu, and they looked a little unnatural. The men next to the woman represented her taste.
Song Yi's clothes are extraordinary. The Audemars Piguet Royal Oak Offshore watch on his wrist shows that he is either rich or noble. They don't dare to offend Song Yi. Although these stewardesses can't afford a few luxury goods, they are familiar with luxury brands. Song Yi doesn't look like a new money (nouveau riche) at first glance.
Seeing these flight attendants, Liao Yu lost interest in shopping. She decided to go shopping by the bay with Song Yi. It was only a short walk anyway, so it would be good for them to go and enjoy the breeze together.
Liao Yu and the two walked to Pier 8, which is a famous check-in place for Hong Kong dramas. Not only can they see the Ferris wheel, but they can also take pictures of the entire Victoria Harbor and the Star Ferry.
The time is now around six o'clock, and it has entered sunset time. The afterglow of the sun is scattered on the sea in Victoria Harbor. The setting sun is getting redder and redder. Not long after, half of the sun sinks into the sea. The red sun becomes more and more dazzling, and the sea level is still calm.
Song Yi found a vacant seat and sat down. Liao Yu snuggled next to him obediently. Song Yi sang, "Even if fate changes, I wish to be with you forever."
When Song Yi sang the last line, "I wish to be with you forever," Liao Yu and Song Yi looked at each other, their eyes full of tenderness, and sang together to respond to Song Yi, expressing her feelings.
Liao Yu took out a bottle of water from her bag. Song Yi took a look and saw that it was actually a bottle of water with a sweet portrait of Kim Tae Hee printed on it.
Song Yi opened the bottle cap and handed the water to Liao Yu. After Liao Yu drank it, he took the bottle and took a few sips.
Liao Yu asked Song Yi softly, "I feel that you are very happy today. It is different from usual. You used to be low-key and reserved, a bit like a middle-aged man. Today you are more like a young man, with a high-spirited look. Is there anything I can't do?" Do you know? Of course, if there is anything inconvenient to say, just pretend I didn’t ask."
Song Yi hugged Liao Yu, "If you don't return home if you are rich, you will be like walking in brocade at night. Of course, you should choose to share good things with your family."
Song Yi and Liao Yu talked about the changes in the past two months. New Asia Entertainment has become a comprehensive media group spanning film, music, artist management, and advertising.
Song Yi laid a solid foundation for his career. In addition to this, Song Yi also revealed to Liao Yu his gains in the stock market.
When Liao Yu learned that Song Yi had cashed out 20 million U.S. dollars from B-shares, her little mouth was surprised and shaped like an O. It was so cute that Song Yi couldn't help but kiss Liao Yu twice.
When Liao Yu learned about the source of Song Yi's initial capital and his specific trading techniques, she couldn't help but be afraid for Song Yi, "You are too courageous. No wonder you didn't dare to tell your parents."
Song Yi happened to have a time lag this time. On February 19, the China Securities Regulatory Commission issued a decision that domestic residents could invest in the B-share market. Song Yi's 10 million US dollars was immediately received. On the 20th, Song Yi broke the funds into parts. Bought Vanke B, CSG B and other stocks in batches.
On the 22nd, the policy suddenly changed. The Mainland Securities Regulatory Commission and the Foreign Exchange Administration issued the "Notice on Several Issues Concerning Domestic Residents' Individual Investment in Domestic Listed Foreign Stocks." New funds from domestic investors cannot enter the market until June 1st.
If Song Yi were slower for a few days, Song Yi would not be able to enjoy this wealth feast in the B-share market. Not only that, Song Yi's 10 million US dollars might also be locked up by the B-share market, and he would have to leave the market with a loss.
Of course, it was impossible for Song Yi to explain the truth to Song Mingzhe. For the upright Song Mingzhe, Song Yi's approach was like taking advantage of the situation. Song Yi actually worked with overseas investment institutions to loot the wealth of mainland investors.
Liao Yu has no moral compulsion, and she is a little worried, "If this matter is exposed by someone with a serious intention, your reputation in the mainland market will be bad, and it will affect Xinya's investment in the mainland."
Song Yi disagreed, "Compared to financial giants such as Goldman Sachs, Morgan Stanley, and HSBC, I only eat a small amount of meat, and I am also relatively low-key. Unless someone is watching me, it will be difficult to find out about me. For mainland China As for officials, attracting investment is still their priority, and they will not turn away Xinya’s investment projects.”
"The notice plugged the loophole and inadvertently left a two-day time difference. In fact, it provided an opportunity for speculators like me to enter. After all, for the vast majority of ordinary people, how much foreign exchange can they exchange in two days? I am destined not to share this huge wealth." Song Yi sighed.
It's like ordinary people are reborn. You know that housing prices in China will skyrocket. Buying a house can help you accumulate wealth, but how much money do you have to buy a house? For the vast majority of ordinary people, they may not earn one million in their lifetime. The current house price in Yanjing is four thousand to five thousand per square meter, which is still an astronomical figure for most families in the mainland.
Liao Yu listened to Song Yi's story. She knew that Song Yi could only share these secrets with her and could not tell Kim Tae Hee. She only needed to be a quiet listener.
She stroked Song Yi's eyebrows and said, "It must be hard to work alone in Korea, right?"
Song Yi was stunned. Liao Yu's identity was very special. He was not like a lover, but more like his confidante, but the relationship could not be exposed.
"Aren't you also working hard? I heard from Zheng Yiping that in the past two months, there have been a lot more manufacturers approaching Xinya for advertising. They are more optimistic about the success of Yanjing's bid for the Olympics. They want to use the east wind of the Olympics to promote the brand, and sports brands will also It will become the focus of marketing in the next few years, so please pay attention." Song Yi explained.
"Okay." Liao Yu has become accustomed to Song Yi's way of chatting, and he will talk about work while chatting.
At eight o'clock in the evening, Victoria's light show was launched on time. 40 buildings shone with charming colors and lights under the rhythmic music. This is also the world's largest light and music show.
Liao Yu was sitting on the second floor of the Tsim Sha Tsui promenade, quietly admiring the night view of Victoria. The two of them had a tacit understanding and did not speak. They occasionally looked at each other and couldn't help but smile sweetly. Classic Hong Kong music is played on the radio from time to time, and there are many dating couples around. The atmosphere is great.
As the night got darker, Liao Yu stood up, took the initiative to hold Song Yi's hand, and walked slowly back to the hotel. Liao Yu couldn't help but spin a few times on the road and did a brief dance.
Song Yi smiled, "So happy?"
Liao Yu nodded, "Well, even if it is a stolen moment of joy, it is like the night view of Victoria, which makes people immersed in it."
Back at the hotel, Liao Yu still didn't keep his promise to sleep separately. After the two took a shower, they hugged each other and fell asleep.
Song Yi and Liao Yu stayed in Hong Kong Island for almost a week. Song Yi finally bought 20% of Penguin's shares from PCCW for US$12.8 million.
After the transaction was completed, Li Zekai asked his subordinates, "Who is this Song Yi? Why do you want to buy Penguin's shares at this time? It seems that I am taking it at the expense of the enemy."
Li Zekai made the decision to short-sell Penguin stocks without consulting Li Chaoren. Richard Li defeated Singapore's Lee family last year and gained control of Hong Kong Island Telecommunications. Li Zekai merged PCCW Digital and Island Telecom to form PCCW last year.
Not long after this company went public, its market value exceeded HK$600 billion. Li Zekai's personal net worth exceeded that of his father, Li Chaoren. Li Zekai has since been nicknamed "Little Superman". As glorious as last year was, Li Zekai is in such a miserable state this year.
In order to acquire Hong Kong Island Telecommunications, Li Zekai borrowed heavily from Hong Kong Island banks. In 2001, the Internet industry suddenly entered a cold winter. In order to repay syndicated loans, Li Zekai began to sell related assets.
Li Zekai spent US$2.2 million to buy 20% of Penguin shares in 1999. In just over a year, Li Zerkai received a return of US$12.8 million. It was a good deal in terms of return on investment, so Li Zezkai was not heartbroken.
The most important thing is that the founder of Penguin, Xiao Ma, is also very honest. When facing investors, he said that he could not find the profit direction of Penguin for the time being. Countless Internet companies went bankrupt in 2001. If Li Zekai was not short of money, he could wait and see for another two years, but time waits for no one.
A subordinate reported, "Song Yi heard that there is an advertising company in Yanjing, but his main industry seems to be in Seoul."
When Li Zekai heard this, he knew that Song Yi was not the son of a big boss in the capital, and he immediately lost interest in making friends with Song Yi. However, Li Zekai did not expect that two years later, Li Zekai would meet Song Yi again in the land auction market in the mainland. Song Yi's New Asia Department also became a strong competitor of the Changshi Department in real estate in the mainland.
Song Yi was able to spend 12.8 million U.S. dollars in real money, which shows that Song Yi is at least a billionaire. However, in Hong Kong, where land is precious, a net worth of over 100 million is really nothing. 100 million Hong Kong dollars cannot even afford shallow water. Single-family mansion in Bay
First update, there will be another chapter later
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