Investor That Can See The Future

Chapter 423

[Golden Gate Korea branch manager Oh Hyun-joo’s husband, turned out to be the grandson of Golden Gate CEO!][Meeting of the world’s largest IB successor and the world’s largest shareholder of the three largest companies][Public attention is focused on the wedding of the century][Next month, I will hold a wedding ceremony at the Ceylon Hotel in Jeju Island… … ]

The New York Times and The Wall Street Journal poured articles. The Korean media also quickly reported this as a scoop.

The repercussions were much bigger than expected, and the Internet went into chaos.

– Hey! I thought he was an American, but he said he was the heir to Golden Gate?

– Did you see the picture? The man is absolutely gorgeous. to be a movie star.

-I thought it was a male Cinderella, but he’s a prince over there too haha

– Well then. I got married just for money.

– Hahahahaha. Oh Hyun-joo is the 3rd largest shareholder of OTK Company. I already have tens of trillions of dollars in personal property alone, so would you date a man for money?

– How much is the replacement for the two of you?

-Isn’t he really a big hit? Tens of trillions of wealth for mom, tens of trillions for father’s fortune, hundreds of trillions for uncle’s fortune, hundreds of trillions for uncle’s friend… … .

– Is this enough to give you 100 million won each?

– I’m envious.

-When I am reborn, I want to be born as a child of that family~

– There is no way. I just need to have a daughter soon and marry the girl in that family.

– Haha, crazy.

– This is the least genius.

OTK Company employees were surprised. No wonder the employee he worked with found out that he was the grandson of the American financial tycoon Goldman!

“It is truly the greatest reversal of the century. The man I slapped turns out to be as clichéd as being ‘our president’s grandson’.”

“It still works, so why not keep using it?”

“Sure. But in reality, the man who was slapped in the face sues him for assault instead of saying things like, ‘You are the first time I’ve ever met a woman like this’.”

The reality is always difficult.

Ellie did not hide her joy.

“Jessica is getting married. Can you believe it?”

“Your marriage was already over. I already have children.”

At my words, Ellie shook her head.

“But a wedding is another thing. Maybe once in a lifetime.”

“I do.”

Of course, there are people who do it multiple times in the world.

Even though she would have been asked by her sister-in-law by now, Ellie did not specifically mention her bouquet.

Ellie asked as I stared.

“Why are you looking at me like that?”

“It’s just because it’s pretty.”

Ellie grinned.

“Foot, what is it all of a sudden?”

After her wedding, we should have a serious conversation.

* * *

Ceylon Hotel is considered one of the best hotel chains in Korea.

In the meantime, various events have been held, and many distinguished guests have visited. However, this wedding is beyond the imagination of the bride and groom as well as the guests. It was truly the biggest event since its inception.

Even in the midst of frantic busyness, Lim Su-mi took care of her related matters. When the wedding date was roughly set, the rooms were insufficient even though they did not take reservations from the general public before or after that.

I tried to solve the accommodation problem in connection with other hotels, but this was not easy.

As Jeju Island is a famous tourist destination, there are many hotels. The problem was that there were only a few five-star hotels that could accommodate distinguished guests. This was because most of the tourist products were concentrated on cheap Chinese tourists.

In order to secure at least one more room, there was an opinion that general reservations should be canceled by asking for a penalty, but President Lim Su-mi just cut it off.

“The reason customers pay a high price to use Ceylon Hotel is because they expect decent service. Cancellation is not possible except for unavoidable reasons such as natural disasters. As long as they have a reservation, they are our customers, and we have to put them first.”

As an alternative, she decided to rent an entire four-star hotel nearby, then proceed with cleaning the room and replacing the bedding and amenities with Ceylon hotel products.

The Ceylon Hotel shared the list of attendees with the Jeju Provincial Office and requested security for the route and surrounding accommodations.

The Jeju Provincial Office was stunned.

The list of attendees was astounding to the point of being speechless

New York Governor, New York Mayor, Wall Street Investment Banking Executive, Famous Investor, American Financial Conglomerate, Hollywood Star… … There are even oil riches in the Middle East!

Jeju-do Governor Kim Hae-yong was astonished.

Has there ever been such a large number of major figures gathered at once since the establishment of Jeju Island?

This is usually not a big deal. However, if anything happens to them, Jeju Island will suffer a huge blow to its image.

‘No, we do it in Hawaii or Guam, why the hell are we doing this in Jeju Island?’

But when you think about it, it was a huge opportunity. They are people who can move hundreds of billions of won with a single word.

No, you can buy the whole island of Jeju if you put your mind to it. Wouldn’t it be possible to attract investment in Jeju Island if done well?

‘If that’s the case, won’t the next local election pass with a high pass?’

Governor Kim Hae-yong and provincial legislators worked together to prepare to welcome the distinguished guests.

There was an emergency at the airport right away.

A few days before the wedding, there were more than 100 private cars that requested permission to land. Jeju International Airport was already saturated, so a second airport was under construction.

It was decided to adjust the flight schedule as much as possible, to operate the runway 24 hours a day, and to secure the hangar as much as possible. However, there was not enough time and space to accommodate the many private planes.

Accordingly, in connection with nearby airports including Gimhae Airport, they landed there and then decided to provide temporary flights.

Japan also stepped out here.

If they come to Fukuoka Airport, which is close to Jeju Island, they will provide temporary flights. The intention was to put even a spoon on it by passing it through Japan.

* * *

There is still a lot of time left until the wedding, but people from the financial world, such as investment banks and private equity funds, entered Korea one after another.

Korea’s financial industry is traditionally weak. Therefore, global IBs were passive in entering the domestic market, such as linking with domestic securities companies or making investments abroad.

However, the Korean economy is growing rapidly and has emerged as an important market for investment banks.

Golden Gate, which established a branch, saw its great success, and global IBs thought of opening a branch in the international financial complex to be built in Saemangeum this time.

Commercial banks as well as investment banks have also considered entering Korea.

There are concerns about foreign banks coming in, but… … .

Senior Sangyeop shook his head.

“Well, the Korean financial industry was completely sold out to foreign capital during the IMF.”

Team Leader Jeong Ki-hong nodded his head.

“It was just ripped off.”

Taehyung narrowed his eyes.

“But aren’t there many banks in Korea?”

“There are many banks. By the way, how much do you think the foreign ownership of the five major banks will be?”

“Well. About half?”

“The average is 75 percent. In the case of CS Bank and Citibank Korea, it is 100%.”

At this point, only the name is Korean, and in reality, it is no different than a foreign company.

Here is not the end.

Foreign capital also holds a majority in regional banks named after regions, and large amounts of Japanese funds flow into savings banks and loan businesses.

Finance has a huge impact on the national economy. Therefore, in the case of emerging countries, various regulations restrict the acquisition of foreign capital.

Korea did the same, but after the Asian financial crisis, it was abolished by the IMF bailout. And as you can see, it has become a playground for foreign capital.

Sangyeop senior said.

“There is nothing wrong with coming to Korea whether it is an investment bank or a commercial bank. It will be easier for companies to raise capital in the future.”

That’s right.

Unlike commercial banks, which mainly deal with deposit and loan, investment banks, as the name suggests, focus on professional investment, which is a great help in revitalizing finance.

Of course, we should be careful about foreign capital being too harsh.

* * *

I received a call from Professor Homin Kim.

“Hello professor.”

[You must be very busy these days. He didn’t even come to the lab to play.]

“Anyway, I was going to visit soon. How are you?”

[I’m always the same. Research, experiment, meet people. By the way, can’t we just ask politicians to stop visiting the institute? When these guys get bored, they bring reporters in, take a look around and take pictures.]

“… … .”

Professor Ho-Min Kim is the only scientific Nobel Prize winner in Korea. And the OTK Research Center is a place to research batteries, which are essential products for all electronic products.

Maybe that’s why politicians came in and out like poopy puppies as soon as policies on science or new industries came out.

Politicians went on a show, regardless of the opposition. It’s still like this now, but it will be worth seeing later during election season.

“How about putting ‘Dogs and Politicians Prohibited’ on the front door?

[No. Then you might be insulted by the dogs. How do you treat your precious dog like a politician?]

“Oh, it could be.”

[More than that, I think I made something interesting, would you like to come see it if you have time?]

“Yes? What have you developed?”

Professor Homin Kim laughed out loud.

[It’s not that great, so don’t expect too much.]

“I will go right now.”

I got into the car and ran with Taek-gyu.

When he arrived at the OTK lab, Professor Homin Kim, who was with his fellow researchers, waved his hand.

“I’m here?”

“What are you going to show me?”

“Drink a cup of coffee first.”

Professor Homin Kim personally brewed the coffee mix. We drank it and listened quietly.

“After researching this and that, I came up with one.”

I’m curious to the point of getting nervous.

“What is it?”

Professor Homin Kim laughed playfully.

“As you can see, batteries have lagged behind the advancement of electronic devices. Because, according to Moore’s Law, while semiconductor performance increased exponentially, battery capacity increased arithmetically.”

“right.”

The OTK battery was able to sweep the market just by doubling the capacity of the basic NCM battery.

“In the end, the problem is the limitation of the material. That’s why we are working hard to develop new materials such as graphene, silicon carbon, metal oxides, and organic materials.”

Even now, countries and companies are pouring out huge amounts of money to develop new batteries by mobilizing all their capabilities.

“Reach out your hands.”

I stretched out both palms and stretched them out. Professor Ho-Min Kim placed a palm-sized battery in his right hand that would fit in a smartphone.

Naturally, there was nothing special about it.

“What do you think?”

“It’s light.”

“Is not it? Then how about this?”

Professor Homin Kim placed the other battery in his opposite hand. It was a battery pack so big and heavy that the palm of my hand fell down.

“Battery pack made from OTK batteries. Can you feel the difference between the two?”(Read more @ wuxiax.com)

“Of course I feel it. They are so different in size and weight.”

“They have the same capacity.”

“Yes?”

“The battery on the right can deliver 20 times the performance of an OTK battery with the same mass.”

Taek-gyu and I were surprised at those words.

“Really?”

Batteries are growing in importance in industry enough to be called the semiconductor of the future. Demand is overflowing in various fields, not just electric vehicles and ESSs.

If so, how much is this technology worth?

“What about commercialization?”

Professor Homin Kim scratched his head.

“It would be great, but I don’t think it would be possible.”

Taehyung shouted in surprise.

“Why?”

There are many good technologies in the world, but not all of them are commercialized.

To borrow from Taek-gyu’s previous words, is it like, ‘All commercially available products are commercialized for the same reason, but products that fail to commercialize fail for different reasons’?

Because we were ahead of our time, because there were too many defects in the manufacturing process, because it was really useless, because the competitive product was better, because the price was high, because of psychological reluctance, because of government regulations, etc.

“What’s wrong? stability?”

Even now, if you decide to increase the battery capacity by 2 or 30 percent, it is simple. Doing so will only increase the risk of explosion.

“I think we can fix that somehow.”

“of course?”

“Money is the problem.”

For a product, price is as important as quality.

“How much?”

Professor Homin Kim held up the battery with his hand.

“Compared to OTK battery, about 300 times?”

Even if the capacity is increased by 20 times, not many people will pay the price.

Currently, electric vehicles and electric trucks are sufficient with OTK batteries. Therefore, there is no need to pay expensive money to install this battery.

But even at a high price, there will definitely be demand for it. For example, drones, airplanes, satellites, etc.

“If we go into mass production, can’t we lower the price?”

“That’s the opposite.”

“Are you against it?”

At my words, Professor Ho-Min Kim smiled mischievously.

“If we try to mass-produce it, it will soar tens of thousands of times.”