Hollywood starts with an agent

Chapter 507 Financial Cliques and Banks

In Kowloon Tong, Aaron led Lai Chi to a detached two-story villa.

"Is this where you're staying in Hong Kong now?"

Li Zhi asked.

Aaron shook his head, looking at the sexy woman in front of him, "What do you think of this house?"

"Wow, this is a great place! It's a quiet area with few people. This is a luxury mansion!"

This villa occupies more than 7000 square feet of land, with a building area of ​​about 5000 square feet, and the rest is garden.

Aaron smiled and pulled Li Zhi to sit on the sofa with him. "This is a gift for you."

"Give it to me?" Li Zhi was stunned. This would cost at least 20 million, right?
"I heard you've taken on a lot of roles, but they're all bad movies. It's unnecessary."

Aaron kissed the girl in his arms. After starring in the "Young and Dangerous" series, Li Zhi gained popularity and started taking on roles like crazy!
Li Zhi nodded. Apart from Media Asia Films, she accepted roles in films from other companies, whether as a lead or supporting actor.

"Okay, I understand. I'll be more careful when choosing scripts in the future."

"This mansion must be very expensive, right?"

Aaron reached out and stroked the woman's thigh. "The luxury housing market in Hong Kong isn't doing well right now either. There are many villas on the market, and they've all been discounted."

"It's nothing. My woman, do you think she needs to worry about money?"

"Mmm," Li Zhi wrapped her arms around the man's neck and gave him a sweet kiss!
"Okay, let's go get something to eat first."

Aaron patted the person in his arms.

"Ok!"

Soon, Aaron brought Li Zhi to the Jumbo Seafood Restaurant to eat seafood.

"There seem to be fewer people than before," Aaron noticed upon arriving at the seafood restaurant, which was noticeably less lively than when he had visited before.

As expected, the economy is sluggish, and people are reducing their high-end consumption!

"By the way, you shouldn't be busy next, right?"

Aaron asked Li Zhi, who was standing nearby.

Li Zhi took a sip of champagne. "Is there something wrong? I just finished filming a special effects blockbuster. I have other projects on hand, but they're not very important."

Aaron nodded. "I have some things to take care of in South Korea. I'm just planning to take you there for a few days!"

Li Zhi had no objections, of course. Aaron had given her a villa. "Ah, okay. I've been busy filming these past few years and haven't really had a proper rest."

Since the outbreak of the financial crisis in South Korea last October, the depreciation of the Korean won has remained severe until April of this year, which has not only increased the cost of imported raw materials for enterprises, but also significantly increased the burden of foreign debt denominated in US dollars.
South Korea's real economy has fallen into a full-blown recession, with consumption, investment and exports all severely hit. Domestic market demand is weak, companies are reducing their production scale, unemployment is rising, and people's living standards have declined significantly.
Sheraton Seoul Walkerhill Hotel.

Edgar Irwin collected a lot of information about large South Korean companies for Aaron.

"What are Samsung's plans?"

Aaron has invested $15 billion in Samsung Group, so of course we need to be concerned.

Samsung Group is undertaking a large-scale downsizing, preparing to divest some non-core businesses, such as automobile manufacturing and aerospace.

"We will concentrate our resources on developing core businesses such as semiconductors and electronics to enhance the competitiveness of Samsung's core businesses!"

Aaron saw that Samsung was preparing to sell Samsung Motors to Renault, which would be a complete exit from the automotive manufacturing industry.

“Not bad. Samsung has a huge advantage in the electronics and semiconductor industry. I remind them to continue to increase their investment.” Edgar Irwin nodded. “To reduce costs, Samsung is carrying out a large-scale layoff plan, preparing to cut a large number of employees, while strictly controlling the company’s various expenditure budgets!”

Aaron put down the documents. "Invest the Korean won you have in banks as much as possible. The South Korean government won't let a large number of large banks go bankrupt."

"Once the economy recovers, the stock prices of these banks will appreciate quickly."

Edgar Irwin smiled and said, "Actually, that's what I was thinking too. With IMF funding, South Korea will be fine once it gets through this difficult period."

At that time, the value of these 3 trillion won will definitely double!
After Edgar Irwin left, Aaron went to the window and admired the view of the Han River.

This year, South Korean President Kim Dae-jung announced the abolition of South Korea's "film censorship system" and its replacement with a film rating system!
South Korea's film rating system legally classifies films into five categories:
It is available to all.

Suitable for viewers aged 12 and above;
Suitable for viewers aged 15 and above;
Suitable for viewers aged 18 and above;
Screening is restricted.

Furthermore, in South Korea, the rating of each film is determined by the "Film Rating Committee," a privately organized body.

As a result, South Korean films are no longer subject to the same strict restrictions as in the past on films with themes such as pornography, horror, and politics!

"Is South Korean cinema on the rise?"

Aaron shook his head. South Korea still has a film quota system, also known as the mandatory screening system for cinemas: South Korean cinemas are required to screen domestic films for 146 days a year!
Isn't the MPAA using the WTO to pressure South Korea to reduce its quota system?

I wonder where Jack Valentine is at now?

The Ministry of Economic Affairs supports reducing South Korea's film quota system, but the Ministry of Culture, Sports and Tourism opposes it.

Moreover, the South Korean entertainment industry and the general public are exceptionally dedicated to supporting their own culture!

That night, in the hotel bedroom, Aaron lay on top of Li Zhi, "How's it going in Korea?"

"Yes, I bought a lot of things," Li Zhi said, hugging the man tightly. "I haven't felt this relaxed in a long time!"

In the past few days, Li Zhi has visited many places in Seoul, shopped extensively, and is very satisfied.

Aaron smiled. "I'm glad you like it."

"I'm going back to Hong Kong in a couple of days. Do you want to come back with me?"

Li Zhi wrapped her arms around the man's neck, her breathing becoming rapid!

"It won't be that fast. Go back and take care of your own things first. Just don't work so hard filming."

"I understand. Have you been happy these past few days?"

Looking at the sexy woman beneath him, Aaron's lips curled into a smile. "Of course, how could I not be happy with such a beautiful woman like you by my side?"

"When you have time, you can go on vacation to Europe and America."

"Okay, then you can come to Hong Kong to see me anytime!"

"Of course, they'll definitely come."

As he spoke, Aaron directly silenced the woman beneath him with a kiss, feeling her softness and burning with passion!
Soon, a beautiful and moving melody filled the bedroom...

While using Haihua Investment Company to invest in several large South Korean banks, Aaron also invested in other conglomerates such as Hyundai, SK, and LG.

In any case, 3 trillion won can't just be left lying around.

(End of this chapter)