Reborn as a tycoon in Hong Kong

When Jin Zaizhong came to Xiangjiang.

No matter what happens, Lin Baicheng will personally come to entertain them.

That night, Lin Baicheng held a small banquet for Jin ZaiZhong and others at the Hutchison Hotel. He brought along his assistant team and senior executives of Asia Star Media Group.

This banquet is mainly for everyone to get familiar with each other. After all, we didn't know each other before, so there was no business cooperation discussed tonight.

At noon the next day, Lin Baicheng invited Jin Jaejoong to play golf.

This time, Lin Baicheng only brought Qin Lan and Huang Xizhao.

On Kim Jaejoong's side, in addition to himself, there are also Park Sung-an, the deputy director of MBC TV station, and Zheng Sen, the deputy president of Kim Heavy Industries.

Neither party brought an interpreter, mainly because everyone spoke English, so they all communicated in English.

At the banquet last night, several people had met each other, so when they met this time, there was no need to be polite to each other.

Playing golf is not an end in itself, social interaction is the point.

Lin Baicheng asked: "Has President Jin been to Xiangjiang before?"

"This is my first time coming to Xiangjiang."

Jin Zaizhong shook his head and said with emotion: "However, although this place is small, it is developing very well. Not only is it not worse than Seoul, but it is more modern. It is indeed an international metropolis."

The so-called cosmopolitan city, Xiangjiang is certainly not to that extent now, it is obviously a compliment.

"Hong Kong is still far from being able to develop into an international metropolis, but I believe it will be sooner or later."

Lin Baicheng believes that his rebirth will only make Xiangjiang develop better and better. There is no reason why Xiangjiang could become an international metropolis before his rebirth, but it will hinder Hong Kong from becoming an international metropolis after his rebirth. If this situation really happens, he will have to do something that affects the international trend, and it must be something bad that affects the development of Hong Kong. Otherwise, the reform and opening up in the mainland will only make Hong Kong develop more and more. good.

"Although I have never been to Seoul, as far as I know, South Korea's economy has been getting better and better in recent years. As the capital, Seoul is definitely developing rapidly and will develop into an international metropolis sooner or later."

Seoul is actually Seoul, the capital of South Korea. However, it was renamed Seoul after the 21st century. Today, the capital is still called Seoul.

"The domestic economy has indeed developed well in recent years, and those of us have also benefited from it, and each of us has developed a good career."

South Korea's chaebols are actually large enterprises in South Korea. They are nothing in international terms, but in South Korea they are monopolies that control the people's livelihood economy, and they have developed very smoothly from the beginning.

As early as the 1950s, due to the Peninsula War, South Korea received hundreds of millions of dollars in aid from the United States. This was hundreds of millions of dollars in the 1950s.

The founders of today's chaebols were just second-generation rich people, truck drivers, etc. in the 1950s. They were not big shots anyway.

Relying on a large number of military orders, these companies developed rapidly in the 1950s. It was during that time that Samsung's assets surged by more than 20 times. Even if other companies were worse, they still had surges of several times or more.

In the 1960s, someone came to power through a military coup and directly controlled the banking industry.

Then, the South Korean government supports local companies to go abroad and earn foreign exchange through exporting products to stimulate the domestic economy. With the support of the government, various chaebol companies are flying flags all over the world. Anyway, with the government's backing, companies are not short of funds.

Chaebol companies did not pay anything, and developed rapidly with the support of the government and became giants. Those small and medium-sized enterprises either went bankrupt or were annexed, thus allowing chaebols to truly take shape.

It can be said that South Korea’s chaebol developed and formed during this period.

Although the formation of chaebols is not a good thing for the people and small and medium-sized enterprises, it is not a good thing for South Korea's overall economy. In recent years, with the support of the South Korean government and the leadership of South Korea's chaebols, South Korea's economy has developed very fast, with the 'Miracle on the Han River' ' is called.

Let’s compare with simple and clear data.

In 1965, South Korea's per capita GDP was US$106, only half of that of the Philippines at that time. In 1979 last year, South Korea's per capita GDP was US$1,745, which was already three times that of the Philippines.

In South Korea, anyone who can become a chaebol has developed over the years. The chaebol founders of Kim Jaejoong's generation are pigs sitting on the wind in general.

Unlike the Chinese families in Xiangjiang in the early years, Xiangjiang has always been dominated by British capital. Even now, British capital accounts for a larger proportion. Only when China and Britain started negotiations on the ownership of Xiangjiang, a large number of British capital was withdrawn from Xiangjiang. Only then will Chinese capital in Hong Kong overwhelm British capital.

Therefore, the domestic situation that South Korean companies are facing will definitely make Hong Kong Chinese entrepreneurs envious.

However, when the return of Hong Kong is confirmed and the mainland is comprehensively reformed and opened up, Hong Kong will be able to catch a ride, and then the companies in Hong Kong will become the envy of companies in other countries.

"Kim Heavy Industries has developed so well, all thanks to Chairman Kim."

Lin Baicheng was not entirely flattering Kim Jaejoong, he was telling the truth.

For an enterprise to develop, it is very important for the country's economy to develop rapidly and the industry as a whole to improve, but business leaders are equally important.

Regardless of whether the economy is good or bad, market competition will always exist. In any industry in any country, it is like 'big fish eat small fish, and small fish eat shrimps'. If the leader's ability is not good, no matter how good the economy is, companies will not be able to develop. , defeated by his peers.

"There's no way an old guy like me can compare with a talent like President Lin."

Jin Zaizhong looked at Lin Baicheng with emotion. Before coming here this time, he had of course asked people to investigate Lin Baicheng and knew something about Lin Baicheng.

According to the information he obtained, Lin Baicheng, who is only 20 years old this year, actually built up a net worth of at least several billion dollars in just two or three years from scratch. The assets of the entire Kim chaebol may only be one-tenth of the wealth of the other party. .

You know, it took Kim Jae-joong more than twenty years to develop the Kim chaebol to its current level. And he was not completely self-made. The Jin family was considered a wealthy family with a small amount of wealth at the time. When he started, he received a lot of support from his family.

The wealth gained after more than twenty years of hard work is only one-tenth of the other party's wealth in two or three years. This makes Jin Zaizhong envious.

In fact, there is one thing that Jin Zaizhong can't figure out, and that is how a young man like Lin Baicheng can be so powerful, earn so much money in just two or three years, and acquire so many companies, but these companies have not shown much success in their operations. The situation is simply born for shopping malls, which is really incomprehensible.

"I still have a lot to learn from seniors like you, President Kim."

Lin Baicheng said politely. He had actually heard similar words too many times.

After chatting for a few more words.

Jin Zaizhong said casually: "President Lin, South Korea's economy has been developing very fast in recent years. I wonder if you have any ideas about entering the South Korean market?"

"Entering the South Korean market?"

Hearing this, Lin Baicheng, who was about to swing, couldn't help but pause.

As a reborn person, Lin Baicheng is very aware that South Korea's economy will develop rapidly in the next few decades. South Korea is also one of the Four Asian Tigers. It is pure nonsense to say that he has no idea about this market.

However, entering the South Korean market is not something you can enter just because you want to.

South Korea is different from the United States. The United States welcomes capital inflows from all over the world. It is large and can accommodate capital from all countries. Therefore, even if Lin Baicheng does not have a partner in the United States at the beginning, he can go alone. In the U.S. market, wait until the company develops before looking for a strong partner.

The South Korean market is different. First of all, it is the exclusive preserve of Wall Street capital. South Korea did not receive hundreds of millions of dollars in aid in the 1950s in vain. Most of South Korea's chaebols are more or less owned by Wall Street capital.

Furthermore, the South Korean market is not very big. Since there are already a large number of chaebols in the country, foreign capital entering the South Korean market is competing with the domestic chaebols for food.

If a company entering the South Korean market does not have a US-funded background, it will definitely be sidelined by the South Korean government if it competes with South Korean chaebols in the South Korean market.

Therefore, if Lin Baicheng's Xiangjiang companies enter the South Korean market, they will definitely encounter obstacles and will most likely waste money.

However, if there are local South Korean chaebols as partners and springboards, then the obstacles encountered in entering the South Korean market will not be so great. At least there will be partners to help share the pressure.

This is just like Lin Baicheng's entry into the Japanese market. He initially found cooperation with Iwasaki Mineryu from the Iwasaki family. Through Iwasaki Mineryu's cooperation with the Mitsubishi Foundation, his career in Japan was guaranteed to a certain extent. Before it developed to a certain level, Neither will be in trouble.

Cooperating with the Mitsubishi Consortium does not mean that Lin Baicheng can develop freely in Japan. If his career develops to the extent that it affects the chaebol, he will definitely be targeted by the chaebol. It is not impossible for the Mitsubishi Consortium to even turn from a partner to an enemy.

In the mall, as long as the benefits are sufficient, it is normal for partners to turn into enemies in an instant.

"South Korea's economy is developing very well and the market is vast. If possible, I would also like my company to enter the South Korean market. However, this is not an easy task. I wonder if Chairman Kim can teach me anything?"

After thinking for a moment, Lin Baicheng truthfully stated his interest in the South Korean market. The main reason was that the bait was big enough and he wanted to eat it.

Hearing this, Jin Zaizhong said: "President Lin, how about we sit down and rest for a while?"

"OK."

Lin Baicheng knew that Jin Zaizhong wanted to have a good chat with him, so of course he would not refuse.

Now the two of them walked towards the shelter where they were resting, and the others naturally followed behind them.

Kim Jae-jung: "President Lin, if you want to enter the South Korean market, in my personal opinion, it is best to have local partners so as to reduce obstacles from all parties. Moreover, it is not suitable for all-round large-scale entry at the beginning. It’s best to find a breakthrough in a certain industry, take your time, and establish a foothold in South Korea first.”

"It depends on what President Jin wants. Does President Jin want to be this partner?"

Lin Baicheng tried to test him. He didn't believe that Jin Zaizhong really thought about him and said so much. The other party must have his own purpose.

"If Chairman Lin doesn't object, I and the Kim chaebol are very willing to be Chairman Lin's partners."

Jin Jaejoong didn't hide it either. Since he wanted to cooperate with Lin Baicheng, he had to tell him something. There was no point in playing riddles.

"I'm so happy that Chairman Jin can take the initiative to ask me to cooperate. How can I dislike it?"

Lin Baicheng immediately smiled and said: "I just don't know, how can we cooperate?"

Jin Zaizhong knew that the next conversation was very important, so he immediately said: "President Lin, do you know the next development direction of our South Korean economy?"

"But the transformation from light industry to heavy industry?"

Lin Baicheng thought of a sentence mentioned in the information he had read.

"President Lin is really powerful, he even knows this."

Jin Zaizhong was somewhat surprised. After all, his coming over this time was an impromptu decision, and the idea of ​​cooperation had just been proposed. In other words, Lin Baicheng had already known about South Korea before. As expected, people who can work hard for such a big undertaking are not simple. Don't underestimate the other person just because he is young, otherwise no one will necessarily suffer.

"In the early years, we mainly exported light industrial products, but it was hard-earned money. Therefore, in recent years, the country has decided to support the development of the country's heavy industry and complete the transformation of the country's economy. Therefore, the heavy industry must have great potential in the future."

"Then Chairman Kim's opportunity will come. Kim Heavy Industries will definitely grow stronger in the next transformation."

This is just like operating the real estate industry in Xiangjiang. If the industry is booming, the development of enterprises will be smoother, and the entire industry can accommodate more giants.

"This is an opportunity for Kim Heavy Industries, but it is also a crisis."

Kim Jaejoong sighed: "Samsung Heavy Industries, Hyundai Heavy Industries, Daewoo Heavy Industries, etc., these companies backed by large chaebols will only develop faster in the future, and will also reshuffle the entire industry. Kim Heavy Industries is not good at all." If it doesn’t develop, it may be crushed.”

Lin Baicheng couldn't help but said after hearing this: "Is Jin Heavy Industries currently in trouble?"

"Not yet."

Jin Zaizhong immediately waved his hand and said in a deep voice: "However, Jin Heavy Industries is mentally prepared to face such a situation. Furthermore, this is also an opportunity for Jin Heavy Industries. If Jin Heavy Industries can absorb it in the next reshuffle, With more benefits, Kim Heavy Industries will become stronger, and it is possible to surpass those heavy industry groups, and Kim Chaebol will be able to stand shoulder to shoulder with those chaebols."

"President Lin, the reason I'm telling you this is because I want to cooperate with you."

"I have received financial support from you, Chairman Lin, so that Kim Heavy Industries can grow in the future, and Chairman Lin can use the Kim Chaebol to enter the South Korean market. This is a good thing for both of us. "

Of course, Kim Jae-jung did not want to cooperate with Lin Baicheng from the beginning. After he sensed the opportunities and crises, he began to look for partners and financial support from outside, so that Kim Heavy Industries could take a big piece of the subsequent development of domestic heavy industry. Meat.

When Jin Jaejoong learned about the cooperation between MBC TV and Asia Television, Lin Baicheng came into his sight. After investigating, he immediately knew that Lin Baicheng must have a lot of funds and was a high-quality partner.

Lin Baicheng's business focus is in Hong Kong and he does not have any business in South Korea. The introduction of this partner will not affect Kim's control of Kim Heavy Industries. It is better than seeking cooperation with other chaebols in the country and Wall Street capital.