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053 Korea strategy (1)

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    As for Samsung Group, Zhao Zhenbei went to take over this time. During the stock market disaster in October, Hong Kong Star Investment had successfully acquired 55% of Samsung Group's shares from the stock market and several small shareholders.  , in fact, it has surpassed 45% of the Lee family who founded Samsung Group and became the largest shareholder, achieving the purpose of controlling the company.

    As for Hyundai Motor, Hong Kong Star Investment only acquired about 23% of the shares, which is already the majority of the shares circulating on the market. The rest are in the hands of Hyundai Motor's four Zheng directors.

    Hyundai Group was built by Zheng Zhouyong, so among the five Zheng directors of Hyundai Motor, he still retains 20% of the shares. The remaining 25% of the shares are in circulation on the market, and 25% is controlled by Zheng Zhouyong's second son Zheng Mengjiu.  Here, Zheng Zhouyong's third son Zheng Menggen, seventh son Zheng Mongzhun and younger brother Zheng Xiangyong each hold 10%.

    On the surface, it seems that at least 75% of Hyundai Motor's shares are in the hands of the Zheng family. It is very difficult to acquire them. However, after investigation, Zhao Zhenbei discovered that the Zheng family is not monolithic.  The conflict between them is not small, and it is far less peaceful than it seems.

    The first is Zheng Sang-young. As Zheng Ju-yong¡¯s youngest brother, he actually has no status in the Hyundai Group. He only has a negligible share. He is ready to go out and start his own business. If you want to buy Hyundai Motor shares from him, you only need to pay a reasonable price.  , and he was later squeezed out of Hyundai anyway.

    Among the three second-generation Zheng brothers, the seventh Zheng Mengzhun doesn¡¯t care much about the inheritance rights of Hyundai Group. He only needs to be able to give him what he wants, and it doesn¡¯t matter if he sells the shares. The third Zheng Menggen is not interested in doing business at all. With Zhao Zhenbei¡¯s  With strong spiritual appeal, it shouldn¡¯t be difficult to buy shares.

    The first target to be interviewed, Zhao Zhenbei targeted Zheng Juyong's younger brother Zheng Sangyong. At this time, Zheng Sangyong was planning to leave Hyundai Group and start a new business on his own. At a time when he needed a lot of funds, it would be appropriate to acquire his Hyundai Group stocks.  Quite easy.

    What Zhao Zhenbei wants to get from Zheng Xiangyong is not only 10% of Hyundai Motor's shares, but also the 10% shares of Hyundai Group in his hands. Zhao Zhenbei is also bound to get it.

    Hyundai Group does not have many stocks on the market. Hong Kong Star Investment took advantage of the stock market crash in October to only acquire about 20%. If it can acquire 10% of Hyundai Group shares from Zheng Sang-young, then it will be in the process of acquiring Hyundai Motor.  In the process, Hong Kong Star Investment has enough bargaining chips.

    South Korea is relatively cold in winter. It is the season when snowflakes are flying. Seoul looks particularly beautiful shrouded in white snow. Zhao Zhenbei is sitting in the cafe on the second floor of the famous Four Seasons Hotel in Seoul, looking through the glass  Observing the flow of people coming and going, the unobstructed mouths of the Korean Korean stickmen are certainly annoying, but their hard-working attitude at work is still worthy of admiration.

    "Third Young Master! Mr. Zheng Xiangyong from Hyundai Group is here!"

    Wang Yu's voice woke up Zhao Zhenbei, who was looking out the window. Zhao Zhenbei turned around and saw a middle-aged man about fifty years old, with two attendants behind him, standing at the cafe where he was.  In front of him, he looked at himself in surprise.

    "Welcome Mr. Zheng! I'm really sorry that Mr. Zheng has to take time out of his busy schedule to meet me, a junior! I am Zhao Zhenbei from Hong Kong. This is our first meeting. Please give me your advice!"

    Zhao Zhenbei doesn¡¯t know Korean, so he can only talk in English. Anyway, Zheng Sangyong¡¯s English level is quite high.

    Zheng Xiangyong waved to the two attendants behind him, asking them to follow Wang Yu and leave. Then he smiled and sat down in the seat opposite Zhao Zhenbei.

    "Mr. Zhao is really young and promising. When I was discussing business with the department managers of IBM in the United States at the beginning of the year, they also mentioned Mr. Zhao that Zhao's Hong Kong Star Investment is a great partner. The first sale was US$5 billion.  Today, when I meet you, Mr. Zhao, the youngest of the three young talents of the Zhao family, I understand what it means to be formidable in life!"

    Surprisingly, Zheng Xiangyong¡¯s Chinese level is exceptionally good. If Zhao Zhenbei is really a native of Hong Kong, he might not be able to speak Mandarin as well as this Korean.

    "Haha! It's surprising, isn't it? It took me nearly a year to learn Chinese! It's a pity that Cantonese in Hong Kong is too difficult to learn, otherwise I could talk to you in Cantonese! I have noticed China's policies in the past few years  , In the next ten years, China will become the world¡¯s largest market! That¡¯s why I took the time to learn Chinese!¡±

    Zhao Zhenbei nodded appreciatively. This Korean stickman was really discerning, but it was a pity that he was beaten by his capable boss.I was stuck in the Hyundai Group, otherwise I wouldn't have waited until the mid-1990s to go to the United States to start my own company.

    "Mr. Zheng really has a good vision. It's a pity that you are not in charge of Hyundai Group. Otherwise, you should have a good relationship with the Chinese government from now on! But this is not the focus of our discussion today! I invite you, Mr. Zheng, to come and meet with you today.  I want to see if there is an opportunity to cooperate with Mr. Zheng! I believe that with Mr. Zheng¡¯s vision and ability, coupled with our Zhao family¡¯s financial resources, we will have a place in the Asian market in the future!¡±

    Although Zhao Zhenbei switched to Chinese to talk, Zheng Xiangyong still understood clearly that the Zhao family was going to enter the Korean market and wanted to find cooperation partners in South Korea, and Zheng Xiangyong was one of them.

    Regarding the development of the Hong Kong Zhao family in the United States over the past year, many people in the American financial circle are paying close attention. Zheng Xiangyong also has many friends in the American financial circle. He heard about the cooperation plan between the Hong Kong Zhao family and them at IBM.  Later, I asked those friends about the background of Hong Kong Star Investment.

    Among Zheng Xiangyong's friends, one happened to be a small shareholder of Citibank. At the time, the capital flow of Hong Kong Star's investment plan in Japan was almost carried out through Citibank. This small shareholder also received tens of billions of funds from that bank.  From the flow, we came to the conclusion that Hong Kong Zhao's funds will not be less than 30 billion US dollars.

    What is the concept of 30 billion US dollars?  The largest in South Korea is the Zheng family's Hyundai Group, but the total assets are only 5 billion US dollars, and Zheng Sangyong holds less than one-fifth of the 5 billion, and he really controls the Hyundai Group.  It's his eldest brother Zheng Zhouyong's family.

    Zheng Sangyong has no sense of belonging to the Hyundai Group. Most of the shares are in the hands of his eldest brother and a few nephews. He only owns less than 20% of the group's shares, and 10% of Hyundai Motor's shares, and he originally obtained these shares.  At that time, it was also expressly stipulated that it could not be put into the stock market without permission, and could only be transferred as a whole.  (Remember the website address: www.hlnovel.com
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