I want to be a chaebol

Chapter 94: Make $5 million!
Time came to September, New Asia Media officially announced that Quan Ji-hyun had joined, and the boots finally fell.Currently, New Asia Media already has four beautiful actresses born in the 80s, including Jun Ji-hyun, Song Hye-kyo, Kim Tae-hee and Sung Yu-ri.

"My Naughty Girl" has been released for more than a month, and the number of moviegoers has exceeded 1 million. According to the statistics of the Filmmakers Association, the movie is expected to have more than 600 million moviegoers.

The box office champion in 2001 was "Friends" directed by Guo Jingze. This film was rated as the Korean version of "Once Upon a Time in America". It is a wonderful crime drama film starring Jang Dong Gun and Liu Wuxing.

"Friends" was released on March 3, with 31 million viewers in the end, surpassing "The Spies" and becoming the new box office champion.The suspense of the question now is whether "My Naughty Girlfriend" can surpass "Friends" and become the new king?

Kim Tae Hee's cameo in "My Naughty Girlfriend" is impressive. Kim Tae Hee, wearing a Yonsei University uniform, looking back at Song Myung Hee and Morning Bull has become a famous scene in the movie.

Although Song Yi did not show his face, he played a couple with Kim Tae Hee in the movie. The scene of him dragging his girlfriend Kim Tae Hee away in a hurry made people laugh.

The students of Seoul National University were not happy to see their favorite girl wearing the uniform of their rival Yonsei University, and expressed their anger on three websites: Yahoo Korea, Naver, and Duam.

This is like a boy from Shuimu University finding a girlfriend from Yenching University. Of course, the boy from Shuimu University is not happy, but it adds new popularity to the movie. There is even a new topic on Naver called "Yonsei University abducted Kim Tae Hee".

Not only that, in an interview with reporters, the president of Yonsei University welcomed Kim Tae Hee to apply for graduate school at Yonsei University.

Zhou Mengxian, Chen Fuzhen and Song Yi are all entrepreneurs who graduated from Yonsei University, and the relationship between Song Yi and Kim Tae Hee is not a secret.

Song Miao entered Zhongguancun No. [-] Primary School and started studying in the first grade. Liao Yu and Song Miao's household registrations had been moved from Yeji to Haidian.Nowadays, it is not that difficult to enter a third primary school. It has to wait ten years and settle in for three years. Moreover, two students cannot be enrolled in the same school district house at the same time.

On the first day of school, Song Mingzhe, Zhou Shulan and Liao Yu all went into battle to send Song Miao to school.There were cars parked at the school gate, but Liao Yu’s fifth-series BMW was not particularly conspicuous.

Song Mingzhe didn't see Song Yi and was a little angry, "Miaomiao is starting school today, and he, as an uncle, doesn't know how to come. If he is asked to pick Miaomiao off from school, the teacher won't even recognize him."

Liao Yu quickly advised, "Dad, Xiao Yi is really busy recently. If he has time, he will definitely come over. You see, Miaomiao's schoolbag was specially bought by Xiao Yi from Japan."

Song Mingzhe looked at Song Miao's schoolbag and was a little worried that Song Miao would develop a comparison-loving personality. He said, "A schoolbag costs tens of thousands of yen, which can cover more than half of my salary. I don't know how to spend money so lavishly." Who did you learn it from?”

Zhou Shulan patted Song Mingzhe and said, "Okay, I didn't ask you to spend money, so why are you talking so much?"

Liao Yu smiled, she actually did not recommend Song Miao to use such a good schoolbag, but Japanese schoolbags are indeed strong and durable, can hold a lot of things, and do not have obvious logos, so she still agreed.

"Miaomiao, you should listen carefully to the class at school. If you have anything to do, you should tell the teacher in time, such as going to the bathroom. Grandma will come to pick you up after school, so don't run around, do you hear me?" Liao Yu educated her daughter.

Song Yi is indeed very busy at the moment. After 911/1, the U.S. stock market will plummet. He has already begun to prepare to short U.S. stocks. Song Yi raised US$[-] million in funds this time.

New Asia Media originally borrowed US$2 million, of which US$1 million was used to buy shares of Asan Group. The other US$2000 million was used to acquire DSP Entertainment, Shin Cine, and buy New Asia Tower.Song Yi’s US$1 million includes US$2000 million in own funds and US$8000 million in loans.

According to the current leverage rules, Song Yi can short up to 25 billion US dollars of stocks. 25 billion US dollars of stocks may seem like a lot, but it is nothing compared to US stocks with a market value of several trillions.

However, the amount of short-selling funds this time was relatively large. Song Yi did not complete the position building in batches until September 9. Song Yi shorted a total of 10 stocks at the same time this time, with a total market value of US$50 billion.

In addition to shorting U.S. stocks, Song Yi also bought gold and oil, and also bought stocks in the U.S. security industry.

After 911/[-], U.S. stocks plummeted. In order to avoid risks, funds would sell U.S. stocks in large quantities and buy gold and oil.Gold and oil will usher in multi-year bull markets, and stocks in the security industry will also usher in skyrocketing gains.

On September 2001, 9, New Asia Network had completed the installation of all servers. On the 11th, the "11 people to test and win prizes" event was launched. NetEase, Sina, China Unicom and other servers were launched one after another. More and more people in major Internet cafes joined the ranks of "Legend of Hot Blood".

At this time, Song Yi had already flown back to Seoul and was directing the next financial battle in the office of Xinya Building.

For this battle, Song Yi specially invited Li Yizhi from Ashan Group. Li Yizhi is the former president of Modern Securities and is familiar with shorting the stock market.

Song Yi is responsible for command, Li Yizhi is responsible for execution, and Jin Xiyuan and Jiang Xiuna are responsible for coordination, mobilizing Xinya's huge overseas funds.

Li Yizhi couldn't help but gasped when he heard that Song Yi was planning to build a short position of up to US$20 billion.If the U.S. stock market does not fall as Song Yi expected, all the $8000 million invested by Song Yi will be wasted, and he will almost have to start all over again.

By then, New Asia Media will owe banks hundreds of millions of dollars in loans, and the company may go bankrupt, and Song Yi will personally lose another $2000 million.Song Yi would have almost nothing except Xinya Network and Xinya Investment in the Mainland.

Song Yi has also considered this issue. If the 911/[-] incident did not happen and the US stock market did not plummet, then Song Yi would still have a way out.

Song Yi Family Trust Fund owns 30% of Penguin shares, and New Asia Investment also holds 4.65% of NetEase shares.Even if "Legend of Hot Blood" is not as popular as expected, Song Yi can still return to China and become a rich man.

In order to strengthen the confidence of Li Yizhi and others, Song Yi revealed his brilliant record in the B-share market.When they learned that Song Yi invested US$1000 million and earned US$3000 million in profits, they all began to believe Song Yi's judgment.

On the morning of September 9, U.S. time, two hijacked civilian airliners crashed into Tower 11 and Tower [-] of the World Trade Center respectively. The two buildings collapsed one after another after being attacked.

Kim Hee-won and Kang Soo-na watched the news on TV. Their faces were full of sadness and they were in disbelief, "Oh my God!"

Song Yi watched the news intently and breathed a sigh of relief in his heart. Fortunately, Song Yi, this little butterfly, did not change history.If Song Yi invested US$50 billion and established a short position of hundreds of billions of US dollars, then the date of the 911/[-] incident might have to be changed.

Like the Pearl Harbor incident, the U.S. intelligence agencies had received information before the September 911 incident. Some people believed that the September 911 incident was an excuse for the United States to send troops to Afghanistan.

Li Yizhi observed Song Yi, feeling secretly embarrassed.After Zheng Enxuan and Song Yi joined forces, they had effectively sidelined him.

As the executive director of the Ashan Group and the number two figure in the Ashan Group, Li Yizhi represents Zhou Mengxian's will to a certain extent.

The old employees of Ashan Group originally thought that Zheng Enxuan was just a nominal chairman, and that Li Yizhi was actually responsible for the company's operations. They were even more unconvinced by Song Yi, a young guy.

After Zheng Enxuan and Song Yi became the No. [-] and No. [-] shareholders of Ashan Group, Li Yizhi recognized the reality and surrendered to Song Yi.

After all, the old employees close to Li Yizhi are gradually marginalized, while the people of Zheng Enxuan and Song Yi have expanded to every department of Ashan Group.The situation was stronger than the people, and Li Yizhi had to bow his head.

Now that Li Yizhi has relented, the old employees of Ashan Group naturally dare not continue to act like a monster.Song Yi considered that Li Yizhi was indeed a talent and there was no need to continue to suppress him, so he asked him to come over and help him operate the stock market.

Once Li Yizhi witnesses his rout in the U.S. stock market, Li Yizhi will probably give up the idea of ​​competing with him for power in the Asan Group, even if Zhou Mengxian is released from prison.At its peak in 100, the Nasdaq 2000 index reached 4816 points, and then fell to more than 1600 points in one year, a drop of 67% in one year.

The day after the 911/7 incident, the Dow Jones index plummeted 100% in one day, setting a record for a single-day decline, and the Nasdaq [-] index continued to fall.

On September 9, the U.S. stock market resumed trading, and the Nasdaq index fell for a week and fell below 17 points on September 9.
On September 9, the U.S. stock market fell due to heavy volume. Song Yiping sold a quarter of his short orders, making a profit of 18 million yuan, and his book profit reached 2400 million US dollars.

On September 9, as the U.S. stock market continued to plummet, Song Yiping closed half of his short orders, making a profit of US$19 million, and his book profit reached US$4000 million.

On September 9, the President of the United States delivered a speech in Congress. The market was reassured and the decline of US stocks temporarily stopped. Song Yi once again closed his short position and partially closed his short position. So far, he has made a total profit of US$20 million.

On September 9, Song Yi once again increased his short position by US$20 million. Black Thursday occurred. The Nasdaq and Dow Jones indexes plummeted again, and the Nasdaq 2 index fell below 5000 points.Song Yi sold out all his short orders and shorted U.S. stocks this time, making a total profit of US$100 million!
Song Yi knew that the U.S. stock market had not yet hit bottom, and the Nasdaq 100 Index had been falling, reaching 02 points in 800.

In 2000, the U.S. stock market was at the end of a bull market, and the price-to-earnings ratio of the Nasdaq 100 was 85 times.No stock market in the world can maintain a price-to-earnings ratio of more than 30 times for a long time. This is the source of the Internet bubble.

After selling all the short orders, Song Yi breathed a sigh of relief. With the US$5 million, he could do a lot of things next.

The US$5 million is still in the overseas account of the New Asia Department, and Song Yi has no idea of ​​using this fund for the time being.

From 02 to the financial crisis in 09, U.S. stocks will usher in a long-term bull market. Technology stocks represented by Google, Apple and Microsoft will bottom out next year.After shorting Perfect Stock, Song Yi can slowly increase his holdings in the stocks of these companies.

There is no need to rush to repay a bank loan. When you have money, the bank will only find ways to grant you a loan. When you have no money, the bank will urge you to repay the money as soon as possible.Song Yi became famous in the capital market this time!
However, Song Yi is not the most prosperous investor. Thaler, the founder of Ampirica Capital, bought a large number of put options with very low exercise prices before 911/[-]. This was a low-cost way to short the U.S. stock market.

When the black swan of 911/5 appeared, the U.S. stock market plummeted. Taleb made dozens of times his profit in just a few days. Taleb is also known as the father of the black swan in the capital market.In comparison, Song Yi's [-] times profit is nothing.

In March 23, the U.S. stock market shut down, but the Global Fund managed by Mark Spinagle earned 3 times its income during the shut down period, becoming the biggest winner of this epic shock in the U.S. stock market.He took the same approach as Taleb.

Even capital giants like Goldman Sachs and JP Morgan established a lot of short positions to hedge risks before the 911/[-] incident.

If Song Yi followed the overseas capital giants in the B-share market in 01, Song Yi has really gained ground in the US stock market this time.

Li Yizhi looked at Song Yi with envy. Shorting U.S. stocks made Song Yi officially enter the ranks of South Korea's top rich people.In the entire Hyundai family, Song Yi's personal net worth is second only to Hyundai Motor's Zhou Mengjiu, and has surpassed Hyundai Heavy Industries' Zhou Mengzhun.

"Congratulations to President Song. Fortunately, you have lived up to your mission this time." Li Yizhi congratulated Song Yi.

Song Yi also saw Li Yizhi's ability this time. If Li Yizhi continues to stay in the Ashan Group as a nominal executive, it will indeed be overqualified and underused.

"I plan to upgrade New Asia Investment Co., Ltd. to New Asia Capital Fund, focusing on venture capital and equity investment, with an initial investment of US$1 million. New Asia Capital currently lacks a suitable helmsman. If you agree, I will appoint you As the CEO of New Asia Capital. As for Chairman Zheng and Uncle Meng Xian, I will say hello to them." Song Yi extended an olive branch to Li Yizhi.

Li Yizhi was silent for a while. He was Song Yi's superior in Ashan Group. If he joined New Asia Capital as CEO, he would become Song Yi's direct subordinate.

If Song Yi is willing to invest US$1 million and raise some funds through Japan, South Korea and Hong Kong Island, New Asia Capital's capital scale can reach approximately US$10 billion.After all, Song Yi's record in B-shares and US stocks is indeed very dazzling.

"Thank you, President Song. I will consider it carefully and give you a reply in two days." Li Yizhi replied respectfully.The prospect of running a $10 billion venture capital fund was certainly tempting, but he had other factors to consider.

Jin Xiyuan looked at Song Yi, her eyes almost turned to water, and asked, "What if Li Yizhi is unwilling to join New Asia Capital?"

Song Yi replied, "He will join, but he is too embarrassed to betray Zhou Mengxian right away. Working for Zhou Mengxian and working for me are two different concepts. If he really doesn't want to join, I will also give him a gift worth 100 million US dollars." of Ashan Group shares as his reward for these days."

Jin Xiyuan lamented Song Yi's generosity. If Li Yizhi joined New Asia Capital, I believe he would receive more than 100 million U.S. dollars in remuneration. Song Yi might also reward Li Yizhi with shares of New Asia Capital.

There was no one else in the office. Song Yi was sitting on a chair and Jin Xiyuan was leaning on the table in front of Song Yi.Kim Hee-won is wearing a white shirt and gray skirt today. The black long silk and white high heels are particularly eye-catching.

Song Yi knew that Jin Xiyuan had been looking at him. He touched his face and asked, "Is there something on my face? Why are you always looking at me? I know I'm handsome, but you don't have to keep staring at me."

Jin Xiyuan couldn't hold it in anymore, "How can anyone praise themselves for being handsome? You are so shameless. How did you know that the U.S. stock market would plummet?" Jin Xiyuan has witnessed Song Yi commanding everyone calmly in just half a month. Earn an astonishing fortune of $5 million.

Although the money was not hers, she still felt her heart surging, and that feeling of tension and excitement had always been with her. On the contrary, Song Yi had always been calm.

"I was just betting that there was a bubble in the U.S. stock market, but I was lucky and the bet was right this time," Song Yi said.

The halo of 5 million US dollars shrouded Song Yi, making Jin Xiyuan particularly admire the man in front of her.She is now a little worried about her sister Kim Tae Hee. Of course Tae Hee is excellent, but can Tae Hee really keep such an outstanding man?

Jin Xiyuan recalled what she said to Song Yi on Valentine's Day this year, "Don't you think that I am beautiful and deliberately want to open a company to support Tae Hee and me?"

As the executive director of New Asia Media, Jin Xiyuan has heard many rumors in the company. Song Yi, a young and handsome boss, is naturally the center of gossip.

New Asia Media has successively signed two beauties, Song Hye Kyo and Jun Ji Hyun, and Song Hye Kyo, Jun Ji Hyun and Song Yi have a close relationship.

Some employees also talked about Jin Xiyuan, saying that she was very lucky. She was just the sister of Song Yi's girlfriend and could become an executive of a medium-sized media company.

Jin Xiyuan was helpless. When New Asia Entertainment was first established, it was just a small workshop.Kim Hee-won is Kim Tae-hee's agent and also serves as a director of New Asia Entertainment.

Who knew that in less than half a year, New Asia Entertainment would grow into a media giant with assets of hundreds of billions of won through acquisitions and mergers.

In order to keep up with the company's development, Kim Hee-won is also constantly studying hard. During the promotion period of "My Naughty Girlfriend", Kim Hee-won visited almost every theater on the road show, for fear that the event would go wrong.Because she also knows that people's words are scary, and she is afraid that people will say that she rose to power through nepotism.

However, she still couldn't avoid rumors. Those who were jealous of her not only said that she rose to power through nepotism, but also said that she served others with sex.

On the surface, Kim Tae Hee is Song Yi's girlfriend, but in fact, Kim Hee Won is also Song Yi's girlfriend.The fact that Kim Tae Hee and Kim Hee Won lived together in Song Yi's mansion in Seongbuk-dong is evidence of this.How can a girlfriend's sister live in her sister's boyfriend's house?
Jin Xiyuan thought about moving out, but Kim Tae Hee persuaded her. Jin Xiyuan was not willing to leave the mansion and move into the apartment again. Maybe Jin Xiyuan didn't want to be so far away from Song Yi, right?
When employees discussed whether Song Yi prefers Kim Tae Hee, Song Hye Kyo or Jun Ji Hyun, one employee gave the answer, "Kim Tae Hee is the royal empress, Song Hye Kyo and Jun Ji Hyun can only be regarded as concubines. Besides, Song Hye Kyo and Jun Ji Hyun can only be one person at most. How can the two Kim Tae Hee sisters be more powerful together!"

Jin Xiyuan was in the bathroom at that time. She hid in the bathroom and did not dare to come out. She was very angry, but she did not dare to come out to defend herself.If she punished this employee in person, the rumors would only get worse. Then the whole company would hear that she was helping her sister Kim Tae Hee fight for favor, and she couldn't say that she and Song Yi were really innocent.
Thinking of this, Jin Xiyuan sat on Song Yi's lap, and the two faced each other.Jin Xiyuan knew that no one else would come in except Jiang Xiuna, and she didn't have to worry about others breaking into her and Song Yi's good deeds.

Jin Xiyuan held Song Yi's cheek, lowered her head and kissed her.
(End of this chapter)