The penniless son of the penniless ...

Chapter 160 The extra money must be invested again!

"How is it? Do you still need this loan? Even if the funds for acquiring the company have been raised, you can use this money for other investments, as long as you return the principal and interest to Goldman Sachs in one year." Mato Walls smiled and told the other party about his "achievements" of the day. He did not want to leave a bad impression on Zhang Junfeng so as not to affect the subsequent cooperation between the two parties.

"...The $8 million loan application from Goldman Sachs has also been approved? This is really good news! Thank you, Walls!" Zhang Junfeng was overjoyed to hear that Mato Walls had actually gotten the loan application approved!
For other people, loans may be a big burden and pressure, but for Zhang Junfeng, it is a free "gold coin treasure box"! As long as you seize the opportunity to invest a certain amount of principal in a high-yield project, the huge profits earned are enough to cover the interest generated by the loan, and you can also make a lot of money in the process!

Especially in the second half of the year (August-September 1998) when the Asian financial crisis was about to end, in addition to the Hang Seng Index's sharp rise and fall like a roller coaster, the stock and foreign exchange markets in Europe and the United States also experienced comprehensive and drastic fluctuations due to Russia's policy of adjusting the ruble, which caused the ruble to depreciate by 8% in a short period of time.

As long as he shorted the Nasdaq and Dow Jones indices in the United States in mid-to-late August, he could have made a lot of money!

As for shorting Russia's ruble, although Zhang Junfeng also had the idea, he was more worried that he would be like other international speculators, and would not have time to retreat and would be buried alive by Russia's overturned table~!

……

In response to Zhang Junfeng's thanks, Mato Walsh was quite polite. "Zhang, as you said, we are partners and our interests are the same. The reason why your application for a loan was shelved was mainly because there were other objections within the group. But it doesn't matter. After Goldman Sachs goes public next year, we just need to take the opportunity to acquire a considerable amount of shares and we will have a say in the group's board of directors~!"

"By then, similar things won't happen again, Zhang, do you understand what I mean?" Another important reason why Mato Walsh helped Zhang Junfeng so wholeheartedly was to prepare in advance for the group's listing next year.

He knew that as long as a young man with outstanding investment ability like Zhang Junfeng was given certain help and time, he would definitely be able to accumulate more wealth in a short period of time. It would definitely be a great help for him to persuade him to acquire shares of Goldman Sachs Group!
Zhang Junfeng was a little surprised when he heard this. He didn't expect that the other party would tell him such a "confidential" thing in advance. It seems that he is indeed very "important" to Mato Walsh, which is why he is working so hard to help him~!

However, this is exactly in line with Zhang Junfeng's plan. If he wants to have a certain say in Goldman Sachs Group instead of being manipulated by others like he is now, then he must hold the stocks that Goldman Sachs Group issues additional financing after its listing.

Cooperation with Matto Wallace can enhance his voice in Goldman Sachs Group. It will be a win-win situation and maximize the value of Goldman Sachs Group.

……

After the call ended, Zhang Junfeng smiled and explained to Wu Mingxi, "This time there is indeed an unexpected surprise. The $8 million loan that Goldman Sachs has put on hold will soon be credited! With this money, there will be absolutely no problem for us to take over the operating rights of Hanjin Airlines and Hanjin Land Transport. Even if they try their best, it will be useless!"

"Director Wu, please prepare. We will contact the shareholders of these two companies as soon as possible and try to take as many shares as possible from them at one time, and then choose a suitable time to hold an extraordinary shareholders' meeting. As for foreign financial institutions, I will ask foreign "friends" to help contact them, and I think there should be no problem. The good days of those people in Hanjin Group and Hanjin Zhao family are coming to an end!" Seeing Zhang Junfeng's passionate and exciting description of the next plan, Wu Mingxi was also very excited. He never thought that he had been following Zhang Junfeng for less than two years, and he could witness with his own eyes that the top five large companies ranked in Goryeo were defeated and played with by a young man. And it happened that this young man with extraordinary means happened to be his boss. This was just like a dream, it was so exciting~!

Wu Mingxi nodded with a smile and said that he would arrange personnel to connect with those shareholders as soon as possible to arrange an opportunity for face-to-face negotiations.

------Dividing line------

Hyundai Motor Company, inside the president’s office.

Zheng Mengjiu was thinking seriously about the report of his subordinates on the investigation of Longguo. He had previously stubbornly believed that although Longguo had a large population and vast land, it was definitely far behind Goryeo in terms of economic development.

But he never expected that the news brought back by his trusted subordinates during their visit to Longguo was beyond his expectations. Although many areas of Longguo could not be called prosperous and developed in terms of the overall situation at present, several large cities there had already achieved the prosperity that only developed cities could have.

Especially in the main urban area of ​​the imperial capital of Longguo, you can often see cars and motorcycles coming and going on the wide roads. Although there is still some gap compared to the prosperous Seoul before, there is not much difference compared to other places in Goryeo!
While Zheng Mengjiu was feeling emotional, he also recalled the suggestion Zhang Junfeng had mentioned to him before. It might be a good idea to open an automobile processing plant or even build a branch in Longguo!

However, although the plan proposed by Zhang Junfeng is highly feasible and has reference value, the biggest problem at present is that the company’s current financial situation is not optimistic.

Because he had received financial support from Zhang Junfeng before, when many large companies were rushing to apply for aid from the Ministry of Planning and Finance, Zheng Mengjiu gritted his teeth and decided not to apply for aid. He did not intend to sell the company's shares in exchange for temporary capital turnover, leaving a huge "hidden danger" for his future self.

It is precisely because of this that Hyundai Motor is in a bit of a predicament. Although it has received some financial support, the current amount of funds is still far from being enough to fully revitalize the entire company and make it run efficiently.

Under such circumstances, even if he wanted to enter Long Country now and sell the many cars produced by their Hyundai Motor Company there, he would be somewhat unable to do so.

(End of this chapter)