Korean TV series: King of Peninsula 1997

Chapter 687 An accident happens
The director of Tianxia Hospital has been distracted a lot these days and even postponed some of his own operations.

When Jin Shengjun called him, he was sitting at his desk in a daze.

The ringing sound of the cell phone was not loud, but it still frightened the dean who was feeling guilty.

He hurriedly grabbed the phone, and when he saw that the caller was Kim Sung-jun, he began to feel uneasy.

"President?"

When he heard the dean answering the phone, it was Jin Shengjun who breathed a sigh of relief first. At least the dean had not been taken away.

Before the dean could ask why Jin Shengjun called, Jin Shengjun on the other end of the phone hurriedly said, "Are you sure you have dealt with everything?"

The dean's heart sank. "Of course. It was dealt with that day."

Jin Shengjun gave a few more instructions and hung up the phone after a conversation, as if he called just to confirm this matter.

"It's been cleaned up." Jin Shengjun murmured.

His eyes wandered and finally fell on the phone. He was hesitating whether to seek Zhao Tae-seop's help again.

The dean is always a hidden danger
Jin Shengjun was unsure. He was afraid that the dean had been targeted, and he was also afraid that there were already people from Jinmen there, and Zhao Taixie's people would not be able to do things cleanly if they went there.

He let out a long sigh. He really couldn't make a decision. He picked up his phone and called the newly opened securities department of Tianxia Heavy Industry. "Stop buying up Peninsula Bank shares first. Keep some of the shares you hold and sell the rest bit by bit."

“Let’s go slowly and observe the situation in the market.”

"."

Jin Shengjun was hesitant about whether to eliminate the hidden danger of the dean, and the dean himself was also hesitant.

He opened the drawer and found a transparent waterproof sealed bag inside which contained two ampoules, one intact and the other broken.

The word "Digoxin" is also printed on the bottle. As a basic medicine for treating heart disease, Jin Jianying has used drugs that are more effective and more expensive.

But when it comes to harming people, it is better than those medicines.

The right dose can be used to enhance myocardial contractility, but even a little bit of excess can cause serious side effects, especially for a 70-year-old man like Jin Jianying.

Since Jin Jianying had been taking this type of heart medicine for a long time, just a little bit of it mixed into the drip would cause tachycardia and ventricular fibrillation, and related examinations would not be able to detect it, and the most they could detect was heart compensatory failure.

When the dean thought of what they had done, he looked up stealthily at the door, then looked down at the two small bottles, took some unimportant documents from the table and piled them on top, then closed the drawer again.

In fact, within two days, the direction of public opinion had changed.

When the many bad situations that have occurred in Peninsula Bank in recent years were exposed one by one to the eyes of the Peninsula people, the Peninsula people who were led by the rhythm began to change their tone.

The change from the chaebols wanting to monopolize their deposits and pensions to the chaebols wanting to save Peninsula Bank took only two days.

Faced with the changing public opinion in two days, Kinmen Group also held the first press conference on this matter.

At the press conference, a spokesperson for Kinmen Group stated that the capital injection would save the safety of national deposits and that this was not a malicious takeover but an action that truly showed love for the Korean Peninsula.

The hot searches also began to change, becoming phrases such as '#Kinmen protects Peninsula Bank#'. Scholars from many universities also began to write articles to argue that given the current situation of Peninsula Bank, the takeover by Kinmen Group and other chaebols would indeed make Peninsula Bank better.

Choi Chang-e, the supreme leader, was helpless, and so was the National Assembly, which kept holding meetings. The Peninsula Bank was not a small bank. It was one of the top three commercial banks on the peninsula. It currently had 600 branches in the Korean Peninsula and overseas business outlets in New York, Tokyo, Hong Kong, Shanghai and other places.

In this case, tough regulation may actually trigger greater financial turmoil.

What made them feel at ease and uneasy was that Li You was not going to completely control Peninsula Bank.
After all, acquiring 50% of Peninsula Bank's shares would conservatively cost 10 trillion won, and Li You did not plan to acquire so much.

The top ten individual shareholders of Peninsula Bank hold a total of 9.7% of the shares. For various reasons and reasons, they have now stood on Kinmen's side, entrusted their power to him, and signed an "irrevocable voting power delegation agreement."

After they lined up, Li You did not force them to buy or sell their shares. He simply purchased shares of Peninsula Bank from retail investors and many companies, gaining enough voice in Peninsula Bank to control the shares of Tianxia Group pledged in Peninsula Bank.

When the situation was unfavorable to Tianxia Group, Kim Hee-ya, the successor to the chairman in Kim Gun-young's will, personally visited Lee Woo.

"President Li," Jin Xiya was wearing a women's suit and had a very serious expression.

Li You raised his hand and asked her to sit down, "President Jin, please sit down."

Jin Xiya's expression felt a little unnatural. Up to now, she had rarely heard anyone call her like that.

But every time someone calls her that, it reminds her of her father, Jin Jianying.

She coughed and decided to speak her mind, "President Li bought shares of Peninsula Bank in order to pledge the shares of Tianxia Group there?"

Although it sounded like a question, both of them knew this matter too well and understood that it should be a certainty.

"President Jin wants to say that I want to use this 15% of Tianxia Group's shares to interfere in Tianxia Group's affairs," Li You smiled slightly and nodded calmly, "That's it."

Jin Xiya was speechless for a moment, and soon she asked, "Chairman, why do you have to act in this way? I believe that there will be a balance between Tianxia Group and Jinmen Group. Cooperation and win-win are what we in the Korean Peninsula financial community should pay more attention to."

"Even if it's a fair competition, the Kinmen Group won't lose to the Tianxia Group, isn't that right?"

Li You looked at her intently. After Jin Jianying's death, Jin Xiya's recent actions in Tianxia Group were quite drastic. Li You thought that she had seen the reality and turned evil. He didn't expect that Jin Xiya was still so naive and had such a simple way to provoke her.

Li You laughed at her words, and after a while he said, "No wonder your father wants you to stay away from politics."

Jin Xiya was silent.

She remembered what Jin Jianying had said to her, which was also to advise her not to be so naive. However, Jin Jianying no longer said these things to her later. He just hoped that she would stay away from politics and be a real entrepreneur.

"The Korean Peninsula is too small," Lee You shook his head. "Nothing can be separated from politics, and relatively speaking..."

"In the financial world, we don't have that many opportunities for cooperation," Li You said with a laugh. "Now the chaebols are competing for the industry, and then cooperating through their own different industries, rather than setting up different companies to cooperate in the industry. Do you understand?"

Unlike some other big countries where every industry has flourished and many competitive enterprises have emerged
There is almost only one top company in each industry on the Korean Peninsula, and the rest are small-scale companies that rely on this top company for food and do some OEM work.

This is also the reason why any manipulation of any chaebol will affect the economic environment of the Korean Peninsula. "Today, I will teach you this lesson for free," Li You poured her a glass of water, "but even if these things are not explicitly taught in the classroom at Seoul University, your father should have already told you."

“You may not think there is anything wrong with your philosophy.”

Li You held his teacup and said, "Actually, this concept is a good one, but it is not suitable for the Korean Peninsula."

"Because here, everyone wants to climb up by stepping on the corpses of their peers. Once they reach the top of an industry, they will reach out to other industries. Even if they integrate several industries and become a real chaebol, we will not give up our greed."

"During this period, everyone is doing bad things, stepping on people like you who still have goodness in their hearts to move forward."

"President Jin," Li You called Jin Xiya, calling her back from her distracted state, "Do you still want to discuss the Peninsula Bank matter with me now?"

He didn't talk about any business matters with Jin Xiya because Jin Xiya didn't come to talk to Li You at the beginning.

She replied in a low voice: "What President Li said makes sense. I also know that my father did the same thing."

Jin Xiya could understand this, "No one would sacrifice themselves to help their competitor!"

"This is reality..." Li You smiled.

"I came here for the Peninsula Bank, but I didn't expect to be taught by Chairman Li," Jin Xiya smiled bitterly, "but the 15% stake is of great importance, it seems that we have to rely on our own abilities."

"It all depends on your ability." Li You did not laugh at her, but just said softly: "Then President Jin, are you interested in giving up the purchase of Peninsula Bank's shares and getting some news from me?"

Jin Xiya was keenly aware that there was something wrong with this question: "What's the news?"

She had a bad feeling in her heart.

Li You's answer was interesting: "Once this news is spoken, it cannot be taken back, so Chairman Jin must make the decision first."

Jin Xiya frowned and felt very uneasy. She always felt that it must be related to Jin Jianying and Liu Caiyan, but in the end, her rationality overcame her emotion and she shook her head firmly.

"No matter what the news is, those shares are too important. Chairman Li, let's compete fairly."

Before Jin Xiya left, Li You simply said, "President Jin made his own choice, and President Jin must bear the consequences himself."

"I know."

Li You sent Jin Xiya away indifferently.

There is no need for Li You to worry about Jin Xiya, as her two brothers would do everything possible to hinder her and prevent her from growing up in the Tianxia Group and becoming a true president.

Originally, Li You did not plan to make another public appearance in the near future, but accidents always happen.

One day after Lee Woo and Kim Hee-ah's conversation, news broke that former Peninsula Supreme Commander Kim Min-jung had died in the hospital.

As the president who helped Lee Woo get started ten years ago, the relationship between Lee Woo and Kim Min-jung cannot be said to be good or bad, but rather a very complicated relationship of exchange of interests.

Jin Minzhong needed Li You to lead the Kinmen Group to become a nail among the three major groups at that time, namely the Tianxia Group, Daying Group and Shunyang Group, and Li You also needed to take advantage of the opportunities he gave to seek development.

Li You did all these and got what he wanted.

After the news of Kim Min-jung's death was announced, people from all walks of life on the Korean Peninsula felt great grief.

Representatives of the financial world such as Li You, Zhu Mengyong, and Jin Xiya also showed up to express their condolences.

The Supreme Leader Choi Changdi expressed deep condolences on the same day: "Today we have lost a great leader who was committed to the democratization of the peninsula and national reconciliation."

He also officially announced to the outside world the Blue House's decision, which everyone knew, that a state funeral would be held for former President Kim Min-jung.

Starting from the day of death and lasting for six days, mourning halls will be set up across the country to receive condolences from the people.

The official mourning hall will be set up in the Parliament, and condolences will be officially accepted starting from the third day.

So on the third day after Kim Min-jung's death, Lee You went to Kim Min-jung's memorial service.

This was the second memorial service that Li You attended recently. Unlike the "lively" memorial service for Jin Jianying, the atmosphere of this memorial service was quite dull and solemn. The people who came to pay their respects did not stay to chat, but just burned incense and paid their respects silently, and then whispered to comfort the family members.

Kim Gun-young is a very capable entrepreneur, but his status on the Korean Peninsula is far from being comparable to that of the Asian Mandela.
After doing all this, they stood outside quietly, waiting for the highlight to come.

Even Li You, who came to conduct research, just like them, stood aside silently after paying his respects.

Under the watchful eyes of the public, the current commander-in-chief Choi Changdi came to the scene to pay his respects to Kim Min-jung.

Emperor Choi Chang-jo stood in front of a black-and-white photo of Kim Min-jung and slowly bowed to the former leader of a different party.

After the condolences, Emperor Cui Chang gave a speech.

"The spirit of Jin Minzhong will inspire and guide us, generation after generation, to move forward. He had the courage to seek light in the darkness, and he showed his magnanimity in the quagmire."

It was not until Choi Chang-di finished his speech commemorating Kim Min-jung that voices began to be heard at the scene, making it seem less dull.

As the former leader of the current opposition party, Kim Min-joong's death will undoubtedly deal a blow to the opposition party.

Whether it is cohesion or people's hearts, there will be a certain degree of looseness.

Li You began to receive some goodwill gestures on the road, all of which were released by congressmen who wanted to get close to the Kinmen Group. Their attitudes began to change.

It's no wonder they are changing their allegiance so quickly.

The opposition party's support in the financial world has become increasingly weaker due to the Kinmen Group's suppression of its competitors. Now that the invisible leader in the political arena has fallen again, they naturally have to think carefully.

Even if it is Kim Min-jung's memorial service now, they will do the same. Most politicians on the Korean Peninsula have very low shame and empathy.

(End of this chapter)