Resource Tycoon Reborn

However, to his surprise, Zhao Xunhao did not say anything more on this issue, but turned the topic to business.

"Master Fang, I know that Cui Meiyan must have offered you generous terms, and to be honest, I can't offer you more generous terms than hers. It's not that I'm stingy, but that I am Zhao Xunhao and she is Cui Meiyan!" Zhao Xunhao!

Righteous way.

Fang Mingyuan could hear that Zhao Xunhao clearly emphasized the words "Zhao" and "Cui" when he spoke. He nodded slightly and said: "I can understand Chairman Zhao's thoughts. But in business,

If the conditions offered by both of you are roughly the same, considering Chairman Zhao’s past support, I will definitely choose you if I decide to cooperate.”

"Master Fang, I know that I can't offer a better deal than Cui Miyan, but have you ever thought about it, if she is in charge of Hanjin Shipping Company, or even Hanjin Group Company, with her ability, can she

Can you control this big ship that has sailed into a dangerous channel? And at that time, even if you get more shares, Mr. Fang, how can you ensure the preservation and appreciation of the value of these shares?" Zhao Xunhao said bluntly, "Only if you can

What you get is what truly belongs to you. No matter how tempting the pie is, in the end it is just a flower in the water and the moon in the mirror!"

Fang Mingyuan laughed dumbly and said: "President Zhao, who can say that Ms. Cui definitely does not have the ability to run Hanjin Shipping Company? Just like President Xuan, if she had not been forced to do that, who would have believed her in the first place?

It was actually able to hold up the Hyundai Group."

"This is largely due to Mr. Fang's help, right?" Zhao Xunhao said calmly, "One Xuan Zhenen is enough. We don't want to see another Xuan Zhenen." After all, Korean society is still there.

In a society where men are respected and women dominate a financial group, one Yuxuan Zhenen is enough.

"But everyone's hearts are not united, and Cui Meiyan has seen through this." Fang Mingyuan slowly shook his head and said, with the Samsung Li family as his eyes and ears, he was relatively familiar with Cui Meiyan's recent movements. Obviously Cui Meiyan did not

All hopes were placed on Fang Mingyuan. For more than a week, she was like a dancing butterfly, wandering around large and small banquets of South Korea's upper class society. During the parties, she met many people.

Zhao Xunhao's face was a little ugly. He also understood that Fang Mingyuan was right. Although no one wanted to see another Xuan Zhenen, everyone at Hanjin Shipping Company and even Hanjin Group Company did.

I want to take a bite. Especially now, the economic crisis has made major financial groups like bleeding wolves, hoping to use the flesh and blood of others to make up for their own losses! Cui Miyan's conditions will naturally make many people tempted.

!

"Although Fang is not exempt from vulgarity and cannot restrain his greed, there are a few things that others cannot match. For example, I have always kept my promises. At least until now, I have never had any precedent of deliberately cheating my allies. Furthermore, let's

All three parties understand that Fang can take a stake in Hanjin Shipping Company, and Kuok Shipping Group Co., Ltd. can cooperate with Hanjin Shipping Company, but it is impossible to snatch control of Hanjin Shipping Company from you, because the first one that does not agree is the Korean government.

, and this cannot be changed even if the president of your country and I are in the same camp." Fang Mingyuan said. Of course, if he is really determined to compete with the Zhao family for control, there is no way.

By supporting agents in South Korea and European and American countries, they indirectly held shares in Hanjin Shipping Company and slowly encroached on them. The Zhao family did not have absolute control in either Hanjin Shipping Company or Hanjin Group Company, so there would naturally be opportunities, but in that case

In the future, the cost will be too great. Although the shipping industry is a pillar industry, it is not a highly profitable industry. Unless Fang Mingyuan intends to lose billions of dollars to "lay mines" for the Koreans, otherwise, doing so

, in anyone’s opinion, the gain outweighs the loss.

Zhao Xunhao laughed and said: "Master Fang's reputation is indeed diamond quality! This is the main reason why Zhao listed Master Fang as his first choice as a partner."

Fang Mingyuan pondered for a moment and said: "Well, if Chairman Zhao can promise to give strong support to the development of Gulf Second Bank's domestic banking industry in South Korea, I would still be willing to support Chairman Zhao to preside over the overall situation of the company.

." In his previous life, he had not paid attention to whether Choi Mi-yeon's counterattack as the president of Hanjin Group Company was successful or not, but from his true heart, he did not like Choi Mi-yeon. Today she can treat him with lust.

If she showed someone, or even made such a hint, then she might do the same thing to another person tomorrow. The Fang family chooses their allies very carefully. Fang Mingyuan does not want to be betrayed by his own allies one day in the future.

Backlash!

Although it is said that Zhao Xunhao is indeed as Cui Miyan said, his son is still young and there is no possibility of successfully taking over the throne within twenty years. However, his two daughters have limited abilities. The son-in-law he chose can only be said to be of middle-class appearance, at best.

Cho Hoon-ho can only be regarded as a talented person, and the future prospects of Cho Hoon-ho's team are worrying. However, compared with the risks in the future, Choi Mi-yeon is still uncertain about her ability to cope with the immediate crisis.

Zhao Xunhao was startled for a moment, rolled his eyes twice and said, "Young Master Fang is talking about our country's Busan Savings Bank?"

Busan Savings Bank is the largest savings bank in South Korea. In South Korea, savings banks are obviously different from normal commercial banks. First of all, they are generally regional banks and are not qualified to operate throughout South Korea. Secondly, they are regional banks.

, Compared with ordinary commercial banks, South Korea’s savings banks have low entry barriers and are small in scale. There are hundreds of savings banks in South Korea, large and small.

These days, these savings banks in South Korea are having a hard time. This is mainly because in order to attract deposits, these banks usually use higher interest rates to attract depositors than ordinary commercial banks. At the same time, in order to obtain higher returns, they often choose to offer higher interest rates to depositors.

Loans are issued at interest rates to customers with poor qualifications, low credit or insufficient collateral, which includes a large number of real estate loans. The result of this is excessive loan risks and relatively high deposit costs for South Korea.

The current outbreak of operating risks in savings banks has laid the foundation for the disaster.

After the Asian financial crisis broke out at the end of the last century, in order to boost the country's economic growth, the South Korean government relaxed domestic restrictions on apartment transfers. Although this move successfully invigorated the South Korean real estate market, it fueled real estate speculation, and it has been out of control ever since.

According to the results of a survey of the real estate markets in several cities including Seoul and Busan by the South Korean tax department, in almost seven years from January 2007 to January 2007, the average selling price of apartments in the above areas increased by three percent.

Nine times, while South Korea's GDP grew by an average of only four to five percent per year during the same period. Obviously, the growth rate of real estate far exceeds the development speed of South Korea's domestic economy!

Regarding this situation, the South Korean government is also helpless. On the one hand, it is trying its best to control the growth of housing prices. On the other hand, due to the needs of economic growth, it cannot completely suppress this market. The subprime mortgage crisis broke out and became a global financial crisis.

After the crisis, the development of South Korea's real estate industry suffered a great impact, and both the non-performing loan rate and the default rate increased significantly - up to more than 20 times and more than ten times! This result, of course, has caused serious consequences for South Korea's financial institutions.

The results were extremely tragic. Among them, these savings banks were the first to bear the brunt and became the hardest-hit areas. If the Korean government had not introduced timely support policies, the Korean financial system would have suffered major problems.

But even so, most of these domestic savings banks in South Korea are currently struggling with financial life and death - once they fail to meet the relevant capital requirements of regulatory agencies, they may be required to suspend business for rectification, and in this way, they are likely to

Will trigger a run!

Although Busan Savings Bank is the largest savings bank in South Korea, the current situation, as far as Zhao Xunhao knows, is not optimistic!

Hanjin Shipping Company is the largest shipping company in South Korea, and Busan Port is its most important shipping base in the country. Its importance in Busan’s economy can be said to be self-evident. Although, if Hanjin Shipping Company needs a loan,

If so, there is no need to look for these savings banks, but many of its employees and their families, as well as affiliated or subsidiary companies, have business in Busan Savings Bank.

"Not only Busan Savings Bank, but also other savings banks in poor condition, Gulf Second Bank are all interested." Fang Mingyuan chuckled.

The Second Gulf Bank successfully entered the Korean financial market after the Asian financial crisis, but Fang Mingyuan is not very satisfied with its development over the years. This is mainly because the Korean financial market has little room for development, and its existing

The bank's shares have been divided between Korean domestic capital and European and American capital. If Gulf Second Bank had not had Samsung Group as an ally, it would be difficult to get a piece of the pie. You can imagine how difficult it would be.

This financial crisis has severely damaged many financial institutions around the world, but it does not include the Second Gulf Bank, so it is time for it to open its fangs. Although these savings banks only account for 100% of the total assets of South Korea's financial sector

Third, but it is a good snack before meals.

Fang Mingyuan is not worried about competition or obstruction from other banks in South Korea, but the attitude of the South Korean government and the Busan government is the key to whether the acquisition can be successful. With the cooperation of Hanjin Group, Gulf Second Bank's acquisition includes Busan Savings Bank.

Many savings banks, including many, will go more smoothly!