How did Jin Jingcheng conquer the financial crisis?

Previously, a real estate project of jjc real estate construction company was named "Nine Cities and One Island".

This time, Jin Jingcheng will mainly attack from eleven aspects to ambush the financial crisis, which can be described as "eleven sides ambushing"!

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First, Kim Jingcheng wants to learn from John Paulson’s experience of getting rich!

When talking about the 2008 financial crisis in the past life, one person often mentioned, was John Paulson.

John Paulson is a native of New Yorker. He was born in Queens and has two sisters and a younger brother. His family is downstream in the middle class. He studied at New York University and later passed the MBA at Harvard University. After graduation, he entered the finance industry. He first worked in the Odyssey Partners, and then switched to Bear Stearns to serve as the merger and acquisition department manager. In 1994, he founded his own hedge fund company, Paulson & Co..

Before 2007, there were very few people who knew John Paulson. He was just a hedge fund manager on Wall Street. He was a minor. His company had only 60 employees and managed a hedge fund of $1 billion. But after a financial crisis, the name John Paulson was regarded as a god by Wall Street, "the god of making money" and "the number one person in hedge funds". Even the financial tycoon George Soros invited him to dinner. All this was because in the subprime mortgage crisis in the United States and the subsequent financial storm, John Paulson made money with the highest efficiency in Wall Street's history. In 2007, he made $3.7 billion a year and became the best fund manager of that year because he operated financial stocks in the short term and shorted the US stock market and real estate markets in a crazy way.

During the subprime mortgage crisis in 2007, one of John Paulson's funds rose 590%, and the other rose 350%. In 2007 alone, $6 billion of funds poured into John Paulson's fund companies, which did not count their investment returns that year. According to statistics from Alpha magazine, John Paulson's personal income in 2007 reached a record $3.7 billion on Wall Street, successfully topped the list of most profitable fund managers in 2007, leaving financial tycoon George Soros behind (Soros' annual income in 2007 US$2.9 billion). John Paulson also ranked 165th on the Forbes US Rich List in 2007.

In his previous life, Kim Jingcheng reads John Paulson's biography and left a deep impression on him when he got rich in the subprime mortgage crisis in 2007 and the 2008 financial crisis. Now Kim Jingcheng wants to learn from John Paulson's experience of getting rich in the United States and make a big profit in the United States, and at the same time, the American Scorpio Fund has grown and grown in one fell swoop. Of course, Kim Jingcheng will make a lot of money if he does this, which is equivalent to robbing John Paulson's wealth.

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Secondly, Jin Jingcheng wants to snipe and acquire Sail Group!

Seerqun is a Korean biopharmaceutical company founded in 2002. It is now a large biopharmaceutical company in South Korea. However, Kim Jingcheng knows that the company still has great potential and will become the largest biopharmaceutical company in South Korea in the future. Its president Xu Tingzhen will always be among the top few in the Korean rich rankings in the future.

Now Jin Jingcheng wants to use the financial crisis to snipe the stocks of Sailqun, causing its stocks to fall sharply, acquire enough shares, and become the president of Sailqun and control the operating rights of Sailqun. It can be said that it is a malicious acquisition. In the process, some shameful means will inevitably be used. With Jin Jingcheng's current ability and rebirth advantage, he cannot snipe a country's currency, but it can be done by sniping the biopharmaceutical company, Sailqun.

The reason for sniping the Sail Group is that, first, the company is very profitable and the biopharmaceutical industry has great potential and market in South Korea; second, although Kim Jingcheng has Qiu Suyeon, it is difficult to directly develop a top biopharmaceutical company. Even if it can be done, it will take more than ten years. Kim Jingcheng doesn’t want to wait for so long; third, Kim Jingcheng knows that the bio and pharmaceutical industry is an important pillar industry of the CJ Group. If you take Sail Group, Kim Jingcheng will be able to suppress the CJ Group in this area in the future.

Not only is Jin Jingcheng the one who will revenge if he offends him, he will take revenge hard. This is the case with q-building real estate company. He offended Jin Jingcheng at the beginning, but now Jin Jingcheng is revengeing it again. The same is true for jyp entertainment company. He offended Jin Jingcheng at the beginning, and now jjc entertainment company and jyp are mortal enemies, and often suppresses jyp, and the same is true for cj group.

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Third, Kim Jingcheng wants to make a big profit by taking advantage of the depreciation of the Korean won!

In previous life, the exchange rate of the Korean won against the RMB began to depreciate from its highest point of 0.008466 on May 8, 2006. Due to the impact of the financial crisis, foreign capital withdrew on a large scale and reached a bottom of 0.004245 on March 3, 2009. That is to say, on May 8, 2006, 1 yuan could be exchanged for 118 yuan. By March 3, 2009, 1 yuan could be exchanged for 235 won, which was twice the depreciation!

Kim Jingcheng didn't know these numbers. He had never remembered them in his previous life, but he knew that the Korean won had been depreciating during the financial crisis, so it was enough to know this.

Then the business opportunity comes!

Kim Jingcheng deliberately asked Korean banks to borrow Korean won on a large scale. With Jin Jingcheng's reputation and reputation, it is not difficult to apply for large-scale mortgage loans in Korean banks, and then buy US dollars through operations. When the won depreciates to a very low level, Kim Jingcheng takes the opportunity to buy Korean won in large quantities, pay off the Korean bank loan, and make a big profit from it. In addition, in this process, you can also make profits in other related markets at the same time.

This is similar to George Soros's method of sniping the Thai baht. George Soros first borrowed a large amount of sniping from Thai banks, and then sold it in the foreign exchange market and bought the US dollar. Soros sold the Thai baht in batches, so it was easy to cause panic in the foreign exchange market, making everyone think that there was a problem with the Thai baht and there was a risk of collapse. Therefore, many foreign-invested enterprises in Thailand were affected and sold (Thailand's economy is outward-oriented and there are many foreign capitals). When there are more people selling the Thai baht, the Thai baht will depreciate sharply. Then George Soros took advantage of the Thai baht to depreciate, pay off the debts borrowed from the mortgage, and make a big profit from it. At the same time, George Soros can bet with people in the forward market, and bet on the Thai baht will depreciate significantly (because he will short the Thai baht to depreciate), and Soros can make another big profit in this market.

This is just a very simple process. In fact, the process is very complicated, because the capital market, stock market, futures market, foreign exchange spot market, forward market, currency market, and derivative market are linked and locked down step by step. Therefore, a huge capital scale like Soros can make profits in many markets at the same time.

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Fourthly, Jin Jingcheng wants to hold shares in Naver!

The financial crisis caused a sharp decline in the South Korean stock market, and Naver, as the largest search engine and portal in South Korea, will inevitably suffer a heavy blow. Jin Jingcheng will take advantage of the sharp drop in Naver's stock to acquire Naver's shares, so as to hold Naver and become a major shareholder. It is impossible to become an important shareholder with a large holding. Naver's status in South Korea is equivalent to Google in the United States and Baidu in China. Jin Jingcheng has become an important shareholder in such a largest search engine and portal in South Korea. It is very beneficial for him to take charge of the Korean entertainment industry, and there are many other benefits.
Chapter completed!