We are all reborn, who wants to be the richest man?

Chapter 782: Taking down Samsung
On April 1996, 4, Luo Nianzhong went to South Korea for a week.

The biggest news in South Korea today is that Busan Bank invested US$48.3 billion in Samsung, becoming the largest shareholder of Samsung with a 21.6% stake.

The South Korean people are excited that Samsung has escaped the crisis and South Korea's economy will not become turbulent because of Samsung.

And even though a large number of shares were transferred, Samsung is still South Korean.

No ordinary people know that Busan Bank, the largest bank in South Korea, is no longer a bank for South Koreans.

In the stock market, with the announcement of the news, Samsung's stock price, which had been falling for several days, stopped its downward trend.

Since early this morning, the decline of Samsung's stock has slowed down significantly, and when the news was announced, Samsung's stock price instantly saw a long-awaited increase.

The continuous decline for many days turned into a sudden rise, making investors feel like the dark clouds have finally cleared and the sun is shining.

From the opening to the just-dropped 1.16%, to the current increase of more than 6.12%, no one would believe that no one knew the news in advance.

“How many days has it been? Samsung’s daily decline has never been less than 5%, and its market value has evaporated by nearly $70 billion.

Samsung's decline began to stabilize this morning, and after the capital injection was announced in the afternoon, it rose sharply.

You're telling me that no one is violating the rules by buying shares at low prices? Are you kidding me?"

"It's certain that we got the news. Such a big thing can't be kept secret.

But manipulating the stock price? I don’t think so, it should just be because of the good news.”

"I don't know about others, but I know that Samsung should give me a big bonus."

"The one upstairs, because you have big breasts?"

“No, because I sold all my Samsung shares at a loss.

Let me introduce myself. I am a stock market expert. I have been in the market for ten years and my best performance so far is a full-year profit of -11.5%.

"Fuck, he's really the boss."

"I don't care whether I'm a big shot or not, I haven't gotten in the car yet."

"It's not too late to go now."

"It's too late because the price has reached its daily limit."

"Fuck, so fast?"

Within an hour, Samsung's stock saw huge trading volume and hit the daily limit.

This is a very exaggerated thing, because South Korea's price limit is 15%, and it is rare for the price to reach the limit in such a short period of time.

In Zhang Shanhui's luxury swimming pool, Luo Nianzhong was sitting on a lounge chair staring at the TV, while Li Meiji was lying on the shore. The part in the water was particularly attractive.

Not only does he sleep naked, he also likes to swim naked.

The refraction angle of the water waves adds a hazy beauty.

Especially the half of her butt that floated on the water. Luo Nianzhong knew that she was welcoming him and wanted to make love with him in the water.

But Luo Nianzhong didn't have time to pay attention to her for the time being, his eyes were fixed on the TV.

The big news in South Korea today is Samsung, and related reports appear on TV every now and then.

Therefore, Luo Nianzhong was the first to know about Samsung’s daily limit-up event through TV.

However, unlike the excitement of shareholders and ordinary people outside, Lee Kun-hee should be in a bad mood.

Luo Nianzhong got a huge bargain by paying US$48.3 billion for 21.6% of the shares.

Although the strength of Samsung at this time was basically halved compared to the Samsung in the original world due to Luo Nianzhong's intentional or unintentional suppression, it was still a behemoth.

At this time in the original world, Samsung was the largest group in South Korea and one of the top five groups in Asia, with total assets exceeding US$100 billion and a market value of more than US$40 billion. This also indirectly reflects a problem, that is, South Korean companies are operating with high debts due to point-to-point support.

Taking advantage of financial liberalization, they provided high leverage and loans as much as possible, expanded a large number of subsidiaries, and entered various industries.

The most comprehensive and thorough ones here are two companies, one of which is SK, the largest company in South Korea.

SK Group made huge profits in the market because of the support of others. In addition, as the largest chaebol in South Korea and with loans from the government, it has infiltrated all walks of life in South Korea.

Samsung is the result of the good deeds of its ancestors, and it has to be said that Lee Kun-hee has a good father.

Samsung's former chairman Lee Byung-chul's main business was to export South Korean dried fish, vegetables, and fruits to the capital and Manchuria.

In the 1950s, it gradually expanded into manufacturing industries such as sugar, pharmaceuticals, and textiles.

Later, Samsung Moolsan was established, which is now Samsung C&T.

In 1958, it acquired Anguk Fire and Marine Insurance, later renamed it Samsung Fire and Marine Insurance, and entered the insurance industry.

In 1963, it acquired Donghua Department Store, now known as New World Department Store.

Read more latest popular novels at 6.9*shuba!

Two years later, he acquired Saehan Paper and founded JoongAng Ilbo, but was forced by Chun Doo-hwan to sell it to Asia Media.

Later, it entered the hospitals, home appliances, established shipyards and precision machinery companies, and also entered the semiconductor and other industries.

It can be said that the empire built by your father is too great, and of course this is also related to the fact that Chun Doo-hwan must let you take out a loan.

South Korea's chaebols all have their own focus, such as Hyundai's construction, heavy industry and automobiles, LG's digital appliances, media, chemicals, etc.

If it weren't for Luo Nianzhong, the same would be true for SK Group. It would be impossible for it to be so comprehensive and strong in all aspects, and to rank among the top five in South Korea in all walks of life.

But Samsung did it, so you can imagine its status in South Korea.

Although the company's development in this life has not been as smooth as Tianhu's, its market value has already exceeded 300 billion US dollars.

Now that Busan Bank has become Samsung's largest shareholder with a market value of US$223 billion, Luo Nianzhong feels that it is a great deal.

Of course, this does not mean that Samsung will give in simply because of an interest rate increase.

Samsung has many ways to raise funds or borrow money, but the cost will not be small.

The key point is that the Li family understood that Luo Nianzhong would not allow Samsung to be independent of the Far East system.

Even if we overcome this difficulty, there will be another one. If we can't be friends, then we will be enemies. There is no third choice.

In order to fight against such a behemoth, Lee Kun-hee had to surrender even if he didn't want to. He couldn't let the Lee family's business fall into his hands.

Before dinner, Zhang Shanhui came in with a helpless look on her face. Two people were doing water gymnastics in the water.

However, Zhang Shanhui also understood why Li Meiji was so impatient. The Li family's affairs had come to an end, which meant that Luo Nianzhong would be leaving soon, and there were only a few days left.

So what else is there to say, strip battle.

“I thought about it and thought that you could find someone to start the all-rental model.

Although housing prices in South Korea are not low, they are far from reaching their peak."

The current housing prices in South Korea are not low, ranking 12th in the world, almost catching up with Hong Kong Island.

But this is far from enough. Luo Nianzhong still remembers that when the masks were in circulation, global funds were flooded and housing prices in Seoul rose to US$70,000 per square meter, or 500,000 RMB.

Unfortunately, before Luo Nianzhong could finish his explanation, Zhang Shanhui dived down and caught the turtle in his mouth underwater.

Li Meijie, who was resting on the side, also spoke up for her sister, "How can you still say these things at this time?"

(End of this chapter)