Be reborn and be happy to the fullest
Chapter 830 Past Glory: Building a Warehouse in South Korea
Nam Gyu-ri looked at Lee Seok curiously, who smiled calmly and said, "It's nothing, just that my assets doubled in a week..."
If calculated precisely, the ten million US dollars that Li Shuo brought to the United States would have yielded a return of more than 50 times! However, returns of more than 100% are already quite exaggerated. The impact of doubling or 40 times is significantly reduced, so Li Shuo deliberately lowered the rate of return.
But Bill Huang was an expert; he laughed heartily and recounted the details as if they were his own treasures:
"When you went to the United States, if I remember correctly, you brought about 1000 million US dollars with you. Of that, 300 million was used to buy US stocks. As for the B currency, there was only 700 million!"
"Boss, you stayed in the US for about a week. In that week alone, you not only accurately sold and shorted at the high point and bought and went long at the low point, but you also repeated this operation more than once! These operations alone enabled you to buy about 700 million B coins with 1000 million US dollars, which was not possible otherwise! According to the price at that time, you had already made more than 50% profit, and the return rate in one week was 50%!"
"Over the past year, B-coin has risen from nearly 1 US dollar to the current 29 US dollars, which is about a 30-fold increase. However, under your leadership, we have experienced two waves of 'tides': when B-coin crashed at the end of last year, we sold off more than 70% of our B-coin inventory, and in March of this year, we bought it all back! In these two waves, we have made more than 10 times our investment each time!"
"Currently, although the number of B coins held by the Shuoguo Group has fallen from its peak to just over 600 million, which is about 400 million fewer than the high point, we have received a large amount of capital: In the past year, we have invested a total of 10 billion US dollars in US stocks. Oh, by the way, our US stock assets are now around 15 billion US dollars! In addition, we have also been continuously injecting capital into Shuoguo International, which has also accumulated to about 15 billion US dollars..."
"In other words, the company you founded in the United States with ten million US dollars a year ago now has assets of at least three billion US dollars!"
Because 600 million B coins would only be worth 1.8 million US dollars today, Bill Huang did not include them. Of course, this is also why cryptocurrency, even after 11 years, remains a niche investment; investors generally do not pay much attention to it, and once they make a little money on it, they will turn around and invest in the "more reliable" securities market.
Finally, Bill Huang stood up, looked into everyone's eyes, and exclaimed, "A 300-fold return in one year! Boss is the real god of investment!"
People like Bill Huang possess a natural, magical power; their words seem to hypnotize others, making them deeply convincing.
Therefore, everyone, including Nam Gyu-ri, was shocked and looked at Lee Seok with a hint of reverence.
At that moment, Li Shuo stood up and patted Bill Huang on the shoulder: "Alright, what happened before is just a story now. What we need to do now is create a new legend. Team 3, follow me..."
Group 3, which was the group assigned to Li Shuo, was called out by him, and four men immediately got up and came over: there are indeed very few women in the trading field.
Lee Seok turned his head and said softly to Nam Gyu-ri, "If you're bored, you can leave first, or have the secretary's office take you to get something good to eat..."
"I'm never bored just looking at you!"
Nam Gyu-ri said from the bottom of her heart that what women like is to see their men become leaders or perform well in front of others, and Lee Seok is currently in that situation.
"Okay, come with me."
Li Shuo didn't say much, just nodded, took Nam Gyu-ri's small hand, and led her into a relatively spacious area.
Han Enqing, who followed behind, explained softly, "Previously, the operations of Shuoguo Financial's South Korean branch were entirely handled by Bill Huang alone. He conducted them in the outer lobby and did not divide them into groups, so there are no clearly defined group offices here."
"Hmm, no problem. Set up a roundabout here, put five or six computers on it, and enlarge the screens..."
In fact, this was Li Shuo's first time directing a trading operation, and on such a large scale, so he was quite excited and quickly got to work on organizing the site...
At first, Nam Gyu-ri stood behind Lee Seok with great enthusiasm, playing the perfect role of a decorative vase, and even occasionally helping out by tidying up the desk. But when everything was arranged and the stock market candlestick chart started to appear on the screen, she was dumbfounded: she only recognized the letters ABCD on these things, and she had no idea what they meant when put together.
"I'll use my account for now. There are five accounts in total, one for each of you... We'll start building positions tonight..." With the computers and screens set up, Li Shuo didn't have time to answer Nan Guili and began enthusiastically issuing various instructions to the traders:
"Samsung Electronics has pre-set its position building strategy: buy 5% of its shares each time the price rises or falls by 5%..."
"SK Hynix's stock accumulation plan..."
"In addition, here are some stocks not included in the plan: First Technology, Huahan Construction, Fenglin International... Add these to your watchlist. Familiarize yourself with their prices and await my instructions..."
Besides being driven by his own interest, there were two other reasons for personally managing the project this time. One was because of Nam Gyu-ri, a woman he had "snatched" from Koo Young-shin, the youngest director at Hynix. The two made a bet on this, agreeing to determine the winner based on their "investment performance" within one month.
Although the outcome of the match would not affect Nam Gyu-ri's fate, Lee Seok was naturally unwilling to lose.
In addition, in the 500 billion won case involving Sukkwon Construction and Samsung Bank, the 500 billion won that Lee Sang-woo embezzled was eventually deposited into his personal securities account. At the same time, he joined the company of Park Cheol-sang, known as the "South Korean stock god," becoming one of his thousands of accounts.
Back then, Lee Seok knew that Park Cheol-sang would shine in 11, so instead of diverting the 500 billion won, he had Lee Sang-woo continue to pay Park Cheol-sang to maintain contact, and then directly acted as a despicable plagiarist, copying Park Cheol-sang's operations!
Because Li Shuo had a large amount of capital, and he trusted his judgment more than Park Cheol-sang himself, he acted more decisively. So, all things considered, Li Shuo earned even more than Park Cheol-sang himself!
The same applies now. Li Shuo knows that South Korea's most famous financial financing case, Park Cheol-sang's fundraising case involving hundreds of billions of won, started during this period. The case itself was nothing special; the key point was that Park Cheol-sang used these funds to frantically speculate on a stock, causing the stock to rise more than 300 times at its peak!
Although the 300-fold increase was just a flash in the pan, and the stock price plummeted soon after Park Cheol-sang's arrest, it was still enough for Lee Seok to manipulate the market!
Li Shuo continued to instill his will in the four traders, while Nan Guili beside him nodded frequently. The professional jargon Li Shuo used was like a foreign language to her. In addition, she had served Li Shuo many times today, and her energy was already exhausted. She was already drowsy...
"Miss Nan, let me take you to rest..."
Seeing this, Han Eun-jung stepped forward and helped Nam Gyu-ri into the chairman's lounge...
Li Shuo glanced at the document, then continued explaining his thought process. This newly formed trading team would be his most important asset in making money in the stock market. This was also a test for them; only those who could grasp his meaning and keep up with the pace would ultimately remain in the team…
That night, Li Shuo didn't go to rest until 2 a.m., and he still felt that there were some things he hadn't discussed in detail. It was only when Min Yuerou made a cross-border call that he realized how late it was.
Among the many women, only a few, such as Shao Yiying and Min Yuerou, could call Li Shuo at any time. Other women, even if they wanted to call Li Shuo, would usually be transferred to the secretary's office first, and then the secretary's office would decide whether the matter was urgent and whether to transfer the call to Li Shuo.
Min Yuerou didn't have any urgent matters to attend to. Firstly, she missed him and asked when he was returning to China. Li Shuo replied that he would have to stay here for a while longer.
Although Li Shuo has experienced quite a bit during his trip to South Korea, it's only been a week if you calculate the time carefully. Tomorrow is May 1st, and Chen Dong, who was supposed to come to South Korea with Li Shuo to participate in the World Esports Conference, has only just recovered from his injury. According to the secretariat, he will take a flight to South Korea tonight...
In addition, Min Yuerou also habitually prepared some financial reports for Li Shuo, focusing on the domestic business situation:
"...The Shuoguo Entertainment Base in Hangzhou has already opened. I went to take a look, and it's doing very well. Lu Tingyu and Feng Linlin work together perfectly. The two of them have already signed more than ten new talents, some of whom have even begun to make a name for themselves on live streaming platforms and are showing great potential to become top-tier streamers..."
"...Previously, Shuoguo Trading's business was limited to the Yangtze River Delta region due to restrictions on fruit distribution rights. However, with the development of our own Shuoguo Technology's mobile phone peripheral industry, as well as the development of Patek Philippe distribution rights in Lenghai, Kunming, and Hangzhou, Shuoguo Trading has found new profit growth points..."
"...And then there's Shuoguo Culture. The TV series and movie versions of 'The Invisible Guardian' are both finished, and President Yang plans to release them together..."
"Compared to those 'subsidiaries,' our relatively core Shuoguo Investment and Shuoguo Real Estate are actually quite unremarkable. Since you're not in China, Shuoguo Investment only manages previous investment projects, and as for real estate, we follow a conservative strategy, which actually caused us to miss out on this wave of rapid development in the domestic real estate market..."
Li Shuo wasn't really concerned about this, but since Min Yuerou had brought it up, he naturally listened, occasionally offering a comment or two. It wasn't until Min Yuerou mentioned Shuoguo Investment in the US, saying it had recently suffered serious losses and urging Li Shuo to pay attention, that he perked up… (End of Chapter)
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