Korean TV series: King of Peninsula 1997

Chapter 686: Buying War

It is not difficult to see that the strategy used by the Kinmen Group is to actively create a public opinion storm in order to acquire banks at low prices.

Moreover, Li You’s attitude has been made very clear, which is to force the peninsula government to compromise.

Emperor Cui Changdi had sufficient reasons to suspect that the media outlets that were recklessly reporting conspiracy theories related to the Kinmen Group had all received money from the Kinmen Group.

Emperor Cui Chang remained silent and just hung up the phone silently.

Li You put the phone back and called his secretary using the office landline.

"President," In recent years, the Kinmen Group has grown bigger and bigger. In addition to Quan Jae-jun who has always been with him, there are also more and more secretaries in Li You's secretariat.

"The price will soon be almost as low as it should be," Li You handed him the signed document, "Send it to Kinmen Securities and have them prepare to buy at the bottom."

"Yes," the secretary walked away quickly with the documents.

Li You took the initiative to create a public opinion storm, of course, in order to acquire the bank at a low price.

But before that, there are two small goals that must be achieved.

By inciting a 'bank run crisis' and a 'monopoly panic', they artificially created a plunge in bank stocks.

Currently, the share price of Peninsula Bank is continuing to fall due to national panic. We just need to wait for an opportunity to buy at the bottom. The acquisition cost saved is hundreds of billions or even trillions of won.

Another small goal is to put pressure on the peninsula government and force them to compromise.

When Emperor Cui Changdi called, it already meant that the current public opinion situation was not optimistic. Sooner or later, public opinion would develop into accusations of financial regulatory failure. If the government introduced any tough policies at this time, it would only offend both sides and make the regulatory agencies explode.

Now that these two steps have been completed, Li You’s next step is to change the direction of public opinion.

In the next few days, a large number of puppet media and internet trolls that received money from the Kinmen Group kept releasing news on television, newspapers, and the Internet.

The Kinmen Group chose to make the acquisition because the non-performing loan ratio of Peninsula Bank has soared in recent years.

This is not something Li You fabricated. The filth of Peninsula Bank originated from Jin Jianying and Zhao Taixie, especially Zhao Taixie, who issued a large number of non-performing loans and tried to absorb wealth for himself in this way to control Tianxia Group.

However, after DH Financial Holdings was destroyed by Lee Woo, Zhao Taixie's series of plans were stillborn and could not be implemented at all, and those "bad loans" became real bad loans.

After Jin Jianying took over Peninsula Bank, he instructed that the news be kept secret and did not take any measures to eliminate these hidden dangers. This was also for the purpose of suppressing the ambitious Zhao Taixie one day.

Now it is used by Li Youxian to acquire Peninsula Bank.

After the media bombshells such as "bad loans are giving away the people's money" continued to flood the screen, the first wave of selling by retail investors who held shares arrived as expected.

As soon as Peninsula Bank's shares were sold, Golden Gate Securities, which had huge cash flow, quickly bought them.

Of course, Tianxia Group wants to try to grab it, but the problem is
They are now in a three-way competition.

Tianxia Auto has been Jin Yongjun's direct line from the very beginning, and will naturally provide corresponding cash flow to help Jin Yongjun acquire part of Peninsula Bank's shares.

The same goes for the relationship between Tianxia Heavy Industries and Kim Sung-jun.

Jin Xiya has even become the chairman of Tianxia Group in the will.

If it was the Jin Xiya who used to value her family, maybe she wouldn't do anything, but her father Jin Jianying and mother Liu Caiyan both died overnight. How could she still be the same Jin Xiya? The three of them would never work together.

Because if they really acquire enough shares of Peninsula Bank, it means they will be able to control the 15% of Tianxia Group's shares pledged in Peninsula Bank.

These 15% of Tianxia Group's shares will have a decisive impact on the issue of succession. Under such circumstances, none of them can join forces.

In today's market, it is the Kinmen Group and the three brothers and sisters, a total of four forces are scrambling to buy shares of Peninsula Bank.

"Representative!" The relevant person in charge of Kinmen Securities hurried to the representative's office and found Chen Yajun who was also concerned about this matter.

She crossed her arms, "How's it going?"

"The stock price is falling below the 21,000 won mark per share," the subordinate reported, "We are using overseas companies to buy shares in batches through 28 securities accounts. This can also avoid the rules for large-scale transaction disclosure, but..."

He said respectfully: "There are dozens of accounts from unknown sources competing with us for the shares sold by retail investors."

Chen Yijun learned the inside story from Li You. After a brief thought, she nodded and said, "You continue to assign acquisitions. You don't have to worry about these things for now."

The person in charge bowed and left. Chen Yijun crossed his hands and held his chin. He had been Li You's lover for seven years and a representative of Kinmen Securities for seven years.
After she turned thirty, she was no longer an ignorant woman. After Daying Group acquired Daying Ocean, she pretended to be dead and developed quietly. Meanwhile, the wealthy Li Youzheng led the Kinmen Group to make acquisitions all the way.

As the Kinmen Group grows bigger and bigger, it is getting closer and closer to actually ruling the Korean Peninsula.

Maybe by controlling Peninsula Bank this time, they can control the pledged shares of Tianxia Group through Peninsula Bank, and these shares will become the key to secretly controlling Tianxia Group.

Gather the power of Kinmen and the world, and then...
There are three things that the people of the Peninsula will no longer be able to avoid in their lives: death, taxes, and Kinmen.

When Chen Yajun went to the Kinmen headquarters and came to the president's office to tell Li You about this, Li You just smiled.

This sentence is exactly the same as one in the previous life, except that Kinmen is already as powerful as Samsung in the previous life.

Although the wealth accumulated is not as good as that of Samsung in the previous life, and there are still many shortcomings in various livelihood industries, Samsung relied on Samsung C&T, the core engineering, construction, trade and investment company, to make a fortune. In the past fifty years, it has established automobile, electronics, finance, shipbuilding, heavy industry, aviation and other industries.
In terms of the breadth of industries involved, Kinmen cannot compare with it, but in terms of politics, the military and other aspects, Kinmen is involved in more.

After all, he is a gangster who made his fortune, so he acts more unscrupulously.

These can help Li You make up for many of his shortcomings. Li You can honestly say that he has no weaknesses. At least that Chairman Li could not help two great presidents, and he would never be arrested and imprisoned for a year like that Chairman Li, and finally get out with the help of a presidential pardon.

It would be enough to secretly control Tianxia Group, or seize Minsheng Enterprises of sufficient weight from Tianxia Group to make up for the last shortfall in the financial world.

"The main reason is that we can't control the market," Chen Yijun said distressedly as he sat down next to Li You. "No matter how much money we have, when everyone knows that retail investors will sell, we only have a small advantage in the market because we have accounts for acquisitions. We still have to compete with the three brothers and sisters of Tianxia Group for shares."

"Small problem," Li You put his hand on Chen Yijun's waist naturally, "They will be overwhelmed soon, you don't have to worry about them."

Li You thought of something and patted her lower back with a smile, "I just happen to have a little money, do you want to earn some?"

"Small change?" Chen Yijun leaned over and leaned against him. "What small change?"

"The Peninsula Bank's stock price has plummeted now. You can just short Peninsula Bank's credit default swaps at the same time. When the stock price hits bottom, you can make a small profit." Li You smiled and said, "About 200 billion won?"

Chen Yijun shuddered and looked up in confusion, "You call this small money?"

"Not bad," Li You laughed, "It's a waste if I don't make any money. Just consider it as your hard-working bonus."

As soon as Chen Yijun raised his head, he kissed her. When he left Li Youna, Chen Yijun was still a little bit overwhelmed. After all, he could make 200 billion won in his spare time. This was really a great thing that was unique.

In the office, Li You called Quan Jae-joon while smoking.

When Quan Jae-jun arrived, he saw Li You sitting leisurely on the sofa smoking, with a lazy look on his face.

However, Quan Zaijun was still very clear that he must have been called here for something, so he bowed and said, "President."

"Go ask Jin Yongjun," Li You said slowly, holding a cigarette, "Does he want to go back to prison early?"

"Let him spit out all the shares of Peninsula Bank that he shouldn't have touched."

Li You exhaled a puff of smoke, "I remember that the two of them are now living in Tianxia Manor in order to assert their sovereignty. So you can also ask Jin Shengjun if the director of Tianxia Hospital is familiar with him and whether he can introduce him to me."

"Yes, President."

Jeon Jae-jun paused for a moment, "What about Jin Xiya..."

"Jin Xiya?" Li You smiled. "If three people with conflicting interests are fighting for something, and two of them can't fight for it for one reason or another, they will only make it impossible for the third person to fight for it."

"Yes," Quan Zaijun rushed to Tianxia Manor quickly. He didn't bring many people with him and even notified them in advance.

When Jeon Jae-joon walked into Tianxia Manor, Kim Young-joon's secretary and Kim Sung-joon's secretary were waiting at the door.

Kim Hee-ya is unwilling to live here because of the memory of Yoo Chae-yeon's death here, so this place naturally becomes a battlefield for the power struggle between Kim Young-jun and Kim Sung-jun.

After all, this is the place where Jin Jianying has lived for decades, and it means a lot to the two of them who do not have the title of president.

"Representative Jeon," Jin Yongjun's secretary greeted politely, "The president is waiting for you."

"Our president is also preparing to entertain you," Jin Shengjun's secretary was a few seconds behind in responding and quickly added.

Quan Zaijun didn't give them any face, and followed Li You's request strictly. He looked coldly at Jin Shengjun's secretary and said, "I have to go see Jin Yongjun first, you follow us."

"." Jin Shengjun's secretary was stunned for a moment, then nodded repeatedly, "Yes."

After walking for a few minutes, Jeon Jae-joon met Kim Young-joon in the study in the manor.

The two secretaries who had been exchanging glances with each other all the way stayed outside.

"All representatives! Come here this time." Jin Yongjun was very enthusiastic and spoke a lot of polite words.

However, Jeon Jae-jun's expression was too cold. He did not shake the hand that Kim Young-jun extended. He just lowered his head and glanced casually, then raised his head and looked directly at Kim Young-jun, "The president asked me to come over and ask."

"Do you miss prison life?"

Jin Yongjun's outstretched hand trembled, he swallowed and retracted his hand.

At this time, he must not go back to prison and may even need to extend his special leave time.

Li You's question hit him directly in the heart.

Thinking about the recent public opinion storm, Jin Yongjun smiled bitterly, "President, is it because of the Peninsula Bank incident?"

He also tried to bribe and use his connections in the judicial system, but the result was also very simple.
It is absolutely impossible for him to be released from prison early, especially since prosecutors from the Kinmen Group faction are always watching him. He will be intercepted before he even completes the process, and his sentence may even be increased.

His personal freedom might just depend on a word from Li You, so Jin Yongjun had no choice but to compromise.

He explained helplessly: "All the representatives also know about my brother and sister. If I don't fight for it."

"No reason is needed," Jeon Jae-jun turned around expressionlessly and left him behind. "It's up to you how to deal with it. I'm just conveying the message on behalf of the president."

"Yes Yes.."

"Seeing that he understood what I said, he stopped making those useless explanations," Quan Zaijun reminded him, "Your situation is the same as Jin Shengjun's. You might as well think more about how to deal with Jin Xiya."

A thought flashed through Jin Yongjun's eyes, but his face was still full of smiles.

When they were leaving the house, the secretaries who were arguing outside were surprised to find that it was Jin Yongjun who nodded and bowed to send Quan Jaejun out.

Jin Yongjun's secretary immediately stopped talking and dared not say anything more.

Jin Yongjun just glanced at the two of them, and still walked a few steps with Quan Jaejun with a smile on his face.

"Representative Jeon," after Kim Young-jun stopped, Kim Sung-jun's secretary bowed and pointed the way, "Please follow me."

The situation when I met Kim Sung-jun was basically the same as when I met Kim Young-jun.

But when Jeon Jae-joon asked the question, in his eyes, Kim Sung-joon's reaction was much greater than Kim Young-joon's reaction just now.

"Recommend the director of Tianxia Hospital?" Cold sweat suddenly broke out on Jin Shengjun's forehead.

Does he still remember how Jin Jianying died?
"The president is"

"The president is fine," Quan Zaijun stared at him coldly, "but several shareholders of Peninsula Bank have been feeling unwell recently, and the president wants to help them find a good doctor. I wonder if President Jin is available?"

Jin Shengjun's smile was very forced. He knew that there were indeed a few shareholders of Peninsula Bank who announced that they were unwell and had not been seen since the day Li You went to Peninsula Bank.

But he heard that those people were kidnapped by Quan Zaijun.

"When I'm free, I'm free," Jin Shengjun said with a stiff smile, knowing that this was a warning, "I'll ask."

Quan Zaijun stared at him for a while, then smiled coldly, "Then I'll leave it to President Jin."

Jin Shengjun wiped his sweat and said, "I understand."

The president of Tianxia Heavy Industries was extremely panicked during this simple conversation.

Others may not know, but Kim Sung-jun himself knows very well why.

After Jeon Jae-joon left, Kim Sung-joon took out another cell phone from the drawer and made a call impatiently.

"Shit." While waiting, Jin Shengjun became anxious, "Hurry up and answer it."

(End of this chapter)