The Underground Emperor: Starting with Running Away with His Sister-in-Law

As a gang leader.

First of all.

He then set his sights on lending companies that had business dealings with the Kinmen Group.

I'm not familiar with most of them.

Therefore, Ding Xin did not obtain much from them.

I wandered around for a bit.

Ding Xin only managed to raise 150 billion won...

The bulk of the money came from Choi Yong-ki and Baek Young-chul's company.

Choi Yong-ki goes without saying.

Ding Xin saved his life, so what's wrong with borrowing some money now?

It's not like I'm not going to pay it back.

It wasn't a large loan, just 40 billion...

One-year term!

As for interest, there is no interest as long as you pay it on time.

Bai Yingzhe is also quite generous.

They immediately approved a loan of 20 billion, which is quite generous.

After all, Ding Xin had no collateral.

The interest is the same as with Choi Yong-ki; as long as you pay it back on time, you won't have to pay any!

The same loan for one year...

The remaining 90 billion was all pieced together by various companies in small increments.

The term is the same, and there is no collateral.

As for interest...

You have the nerve to calculate interest on a few billion?

of course.

These loan companies have very limited financial resources.

After fleecing them, Ding Xin turned his attention to the major banks in South Korea.

mortgage!

Ding Xin mortgaged all the property rights he could.

The original nine-point stake in the Kinmen Group's headquarters has seen a slight increase in market value, reaching approximately 500 billion Korean won.

Ding Xin mortgaged it in batches.

Through a series of underhanded operations, not only were there no discounts, but 650 billion won was loaned out at a premium.

Next.

Ding Xin also mortgaged the equity of the two subsidiaries he was in charge of.

Using the same methods and approaches, approximately 150 billion won was loaned out at a premium...

After these large heads are removed.

Ding Xin also had other assets that he had mortgaged.

Things like film and television copyrights, equity ownership in small venues and companies, cars, real estate, etc...

In addition to the scattered pieces of gold and the extras amassed earlier.

Together they raised about 50 billion Korean won...

In other words.

Thanks to Ding Xin's masterful maneuvering, he has now raised approximately one trillion Korean won in working capital...

That translates to one billion US dollars!

This startled even Ding Xin himself...

damn it.

I never knew he'd become so rich...

but.

This is not yet his limit.

Ding Xin's massive mortgage lending activities were bound to attract attention...

Among them was Shi Dongchu.

no way.

Ding Xin was fine when he borrowed money from those loan companies before.

Shi Dongchu likely came out because Ding Xin started relatively late and didn't have much money.

However, Ding Xin's act of mortgaging the shares of the Kinmen Group deeply offended Shi Dongchu...

Therefore, he needed to find out exactly what Ding Xin wanted to do...

......

Kinmen Building.

President's office.

Ding Xin leaned back on the sofa, crossed his legs, and looked at Shi Dongchu across from him with a puzzled expression.

He had some doubts in his mind.

The old man inexplicably came to him and didn't say a word.

He was intently brewing tea.

but.

This guy's leisurely, unhurried movements while washing and brewing tea are actually quite ritualistic...

at last.

After the third infusion.

Shi Dongchu handed the brewed tea to Ding Xin and asked with a smile, "Director Ding, I heard you've been raising money everywhere lately. Is there something urgent?"

Ah, so that's what it was about...

Ding Xin sat up straight, politely accepted the teacup, and said thank you.

He then explained with a smile, "It's nothing urgent. I just recently discovered a great investment opportunity and want to raise more money to make a big profit..."

"Really?"

Shi Dongchu smiled gently and said, "I wonder what kind of project it is? Would it be convenient for this old man to tell me about it?"

Is there anything inconvenient about it?

These projects that short the housing market are all about courage.

It's all about fate.

and so.

There's nothing to hide...

Ding Xin replied frankly, "No problem. I recently had someone investigate, and the housing market in the United States is not optimistic. So I want to enter the Wall Street capital market and short the housing market!"

The phrase "shorting the housing market" came as a bolt from the blue.

The words just fell.

Shi Dongchu, who was drinking tea, suddenly froze.

Subsequently.

Then he started coughing violently.

Judging from his appearance, Ding Xin was afraid he would choke to death on his own saliva...

Fortunately, it didn't take long.

Shi Dongchu quickly recovered, and asked in shock, "You mean, you're going to short the American housing market?"

Chapter 212 Supplementary Agreement

Ding Xin nodded.

He then pulled out two tissues, handed them over casually, and said with a smile, "This is a great project. I've been following it for a long time, and it's sure to make a lot of money. Chairman Shi, would you like to get involved?"

"Cough cough..."