I am a chaebol in South Korea

Chapter 179: 400 billion in bargain hunting

Putting the contract on the bar, Xiuyan smoothed it out with her palms.

Suddenly I found that my sleeves were wet.

'Why is there water? 'While apologizing, Xiuyan took out a tissue and wiped away the water stains.

"It doesn't matter, are you signing here?"

"Yes, thank you for your hard work."

Li Zhenyu signed his name calmly and paid for it with his corporate card.

During this time of bargain hunting, all properties will be listed under the name of Universal Investment, which can offset part of its taxes.

Cheongdam-dong, a semi-raw building with 6 floors above ground and 3 floors underground, with a total price of 16.5 billion.

Jiangnan District, 200 meters away from Jiangnan Metro Station, this commercial building covers an area of ??147 square meters, with 2 floors underground and 8 floors above ground, with a total price of 45.9 billion yuan.

Samseong-dong is an old-fashioned residential building with an area of ??126 square meters, 5 floors above ground, 1 floor underground, commercial use on the first floor, and a total of 12 rooms upstairs for rent, with a total price of 6.7 billion yuan.

With Cui Manzhi providing him with information, Huanyu Investment started a 'big sweep' mode in Seoul.

All the lots that Li Zhenyu hooked up fell into the hands of the company.

To this end, Universal Investment has spent a total of nearly 400 billion, approximately US$307 million.

The subprime mortgage market brought him only US$150 million in income from the first two phases.

Including the US$800 million in gains after the collapse of Lehman, the crisis brought him a total of US$3.15 billion in huge income.

This does not include the $2.7 billion in unrecoverable debt that fell into bankruptcy due to the subprime mortgage crisis.

Li Zhenyu's heart felt so painful when he thought of this.

That's 2.7 billion, not 27 yuan.

Huanyu Investment, President's Office.

"Brother, are you planning to retire and become a landlord?"

He invested a large amount of money in the property market, and even transferred the money back to the country.

In Zhao Yingjun's opinion, this was obviously not very wise.

For ordinary people, the profits gained by buying the bottom of the property market, waiting for the market to pick up, and then selling off one by one are considerable.

But he is no ordinary person, he is Li Zhenyu, who accurately predicted the subprime mortgage crisis and made more than 5 billion US dollars in profit from it.

Even if 2.7 billion of them cannot be recovered...

"Hiss!"

Zhao Yingjun pressed his heart with his hand and barely survived.

"Brother, what should we do next?"

Zhao Yingjun looked at him expectantly, full of blind confidence in him.

Li Zhenyu was a little helpless. This is the benefit of becoming famous. '

Even if you say farts smell good, some people will believe it.

"Finish the work at hand first, and then consider the next step. When will Twitter and INS be launched in China."

Only three weeks after the official launch, the number of INS users in North America reached 1 million.

This data made it immediately become a phenomenal product in the "economic winter".

Countless investors waved their precious banknotes and wanted to invest in INS.

But they were all blocked from the door, and the time for INS' first financing has not yet been determined.

INS is not short of funds, and the financing meeting can be postponed for a while.

As long as there is no explicit rejection, investors will remain enthusiastic and open to it.

The most important thing right now is how smoothly INS can be launched in South Korea.

"The formalities are going through the process. The INS team will go to Seoul in three days to set up servers and prepare for the launch."

"Also, how will Facebook respond?" Zhao Yingjun had a headache, and Zach became more and more angry on the phone.

If this continues, the other party is likely to initiate a lawsuit against Huanyu Investment and Li Zhenyu himself on the grounds of the 'Competition Regulations'.

At that time, the scene will be ugly.

When investing in Facebook, one of the goals was to safeguard Facebook's interests around the world and assist its smooth launch in South Korea. '

This is a relatively loose clause. There are no hard and fast rules on how to 'assist'. It depends on the investor's rights and status.

Because of this, it is a problem for Li Zhenyu.

Whether it is Huanyu Investment or the development of Zy+ Entertainment, he relies on a large number of family connections.

Just these connections on the surface are enough to solve any policy-related problems Facebook encounters.

Li Zhenyu could not find a solid reason to delay the matter.

After returning to South Korea, he kept avoiding Zach and pushed Zhao Yingjun out to block the thunder.

Now, Teddy Zhao can no longer hold on.

"Next time he calls, let's start!"

Count it as a day longer, even a few hours.

The later Facebook goes online, the sooner INS can catch up with it and avoid being left behind by it in the local market.

It would be great if both could be online at the same time.

In addition, Li Zhenyu plans to let SNSD join Instagram, becoming the first girl group to join the platform after its launch.

In addition to them, Li Zhenyu will also mobilize his own network and invite big names like Song Hye Kyo, Son Ye Jin, Choi Min Sik, Lee Jung Jae, etc. to open accounts.

The same goes for Twitter. The first batch of celebrity Vs have all been recorded in his mind.

Son Kyung-sik's CJ Entertainment and its artists also need a new display platform, and Twitter and INS can provide them with the best services.

As for the entry fee, it is naturally waived.

Li Zhenyu didn't call him "three inches" for nothing, not to mention that he borrowed 61 million US dollars from himself.

Li Zhenyu felt like he had become kind without asking him for extra promotion fees.

"That's it?" Zhao Yingjun spread his hands, his expression full of incredible questions.

As for investing, what's the next step?

In what areas should the money be invested, he said nothing about it.

"Building materials, health care, new energy, concept stocks and construction industry..."

After finishing the work, Li Zhenyu drove a relatively low-key Land Rover to Capitol Hill.

He made an appointment with Shu Minxiu, and the whole family's recruitment was a mixed blessing for her, but it was definitely a major event worthy of attention.

Shu Minxiu needs time to think carefully about whether to rely on the whole family.

Parking the car next to the flower stand on one side of the steps, Li Zhenyu lit a cigarette and fell into thinking.

What does Quan Shengwu's invitation mean? It really requires Shu Minxiu, a female representative, to express her attitude to the outside world through her.

Or maybe this is sending some kind of signal to Lao Qiu in Quanzhou.

What kind of trouble did Quan Shengwu encounter? Does he need to join forces with someone?

Li Zhenyu took out his mobile phone and searched for relevant information.

But there was a lot of singing and dancing on the Internet, and all the information about him was positive.

There are only two explanations for this situation, either it is calm as seen on the Internet.

Or... there is big trouble waiting for him.

As for which one it is, Li Zhenyu doesn't know yet. "His news channels are still too narrow." Just

as he was thinking about calling Director An, Li Zhenyu saw Shu Minxiu walking down the steps in front of him and looking towards him.

"Zhenyu, thank you for coming to pick me up." Shu Minxiu got into the passenger seat, and the staff standing under the steps were a little surprised.

Could the person in the car be the backer behind Representative Shu? Who is he? He looks very young.

But due to the problem of sunlight reflection, it is always impossible to see his appearance clearly.

In Congress, the origin and background of Shu Minxiu have been clearly investigated.

Anyone who knows the truth understands that Shu Minxiu cannot be taken seriously by the party based solely on her personal background and abilities.

Therefore, there must be someone else behind her supporting her.

Who exactly is this person? Everyone is talking about it.

But it wasn't until today that they finally found some clues about each other's backers.

"Did you write down the license plate?"

"Yes."

After receiving a positive answer, the assistant officer excitedly patted the intern on the shoulder, "Well done, I won't forget you when I report to the superior."

The intern was excited . His words were incoherent, and he bowed and thanked with a beaming face: "Kang Sangmi, senior, I will definitely work hard."

On the Land Rover, Shu Minxiu was worried that his identity would be discovered.

"It's okay, what does it matter even if they find out."

People who know his identity will not talk nonsense, and people who are not qualified to know his identity will not believe it.

How could the president of a small entertainment company be qualified to intervene in national affairs, let alone support a woman in a high position?

What, this is true...

Stop being ridiculous!