The penniless son of the penniless ...

Chapter 276 Leon John's Bold Idea

In addition to Goldman Sachs, other international speculators who participated in the event are also complaining bitterly, especially the financial institutions that suffered heavy losses from shorting the Hang Seng Index, some of which are losing everything.

The lucky ones who did not participate in this "bottomless pit" of shorting the ruble were very grateful, including Leon John, the head of Goldman Sachs Group's Korean branch.

After he received the news from the Wall Street headquarters, he quickly contacted Zhang Junfeng and told him all about the changes in Da Mao and the fact that Jacqueline Bernard was about to leave Goldman Sachs. He said gloatingly, "Zhang, our original plan was successful! That old guy Jacqueline Bernard is in complete trouble this time!"

"Zhang, the investment plan you drew up earlier is incredible! I originally thought it would take some time to be possible. I didn't expect the results to come out so quickly. Matto Walls almost laughed to death! When he failed in investment in Hong Kong before, Jacqueline Bernard used it to make a fuss..."

Zhang Junfeng was in a good mood when he heard Leon John excitedly telling him about the "new news" he had received. It was this old guy, Jacqueline Bernard, who almost ruined his loan application to Goldman Sachs when he was in urgent need of a loan. Zhang Junfeng would never forget such a "great favor".

"Zhang, according to the news from Mato Walls, in order to raise funds as quickly as possible, they may advance the company's listing plan. We need to prepare in advance."

"If the company goes public early next year, do you have enough funds to acquire about 20% of the company's shares?" Leon John remembered the information that Mato Walls had revealed before, and asked subconsciously.

Zhang Junfeng thought for a moment and then said, "It shouldn't be a problem. There are still a few months until the beginning of next year. The money we invest in Internet companies will bring us rich returns~!"

Zhang Junfeng answered with great confidence. After all, the total US$16 billion in loans he had borrowed from Goldman Sachs and JPMorgan Chase had not yet come due for repayment.

Now this money and his huge cash flow of more than 22 billion US dollars have been invested in several Internet companies in the United States and in long positions on the Nasdaq index.

Half a year is enough time for Zhang Junfeng to invest in the stock market and obtain a return of more than 30-40% on the funds invested in Internet technology companies and the Nasdaq index.

By the time it goes public next year, the market value of Goldman Sachs Group will not exceed 50 billion US dollars at most. If there were no concerns, or even if he took into account that other shareholders would not easily sell or transfer their shares, he could even pay more than 25 billion US dollars and directly take nearly half of the shares!
……

After hearing what Zhang Junfeng said, Leon John finally relaxed.

As the representative of Goldman Sachs in Goryeo, Leon John sometimes worries that if the opinions at the group's headquarters change, it is uncertain whether he, a "provincial governor" who has just been appointed, can continue to exist.

Unless he can earn considerable profits for the branch company and even the headquarters and prove that his value is irreplaceable, only in this way will his position be more solid and no one can shake it. Thinking of this, Leon John couldn't help but think of what Zhang Junfeng said just now about the "very high" returns from investing in the Internet.

Since there is a high chance of getting high returns from the investment, could he also borrow some funds through other channels and invest them in the stocks of those Internet companies, just like Zhang Junfeng did before?

Isn't Goldman Sachs best at opening financial management funds to attract and raise funds? Even though the impact of the Asian financial crisis has not completely dissipated, there are still many wealthy companies and wealthy people here, and they can fully mobilize them!

If we can attract some funds from Korea and even the whole of Asia and invest them in Internet companies in the United States, and earn profits through the continued rise in the stock prices of these Internet companies, the feasibility of this wave of operations is extremely high!

After the fixed financial management period expires, you only need to return the other party's principal and pay the fixed interest promised by the other party, and the remaining investment profits will belong to his branch!

This is a business with no capital, once successful, the profit will naturally be extremely lucrative! And with Zhang Junfeng, an investment expert, the risk will be reduced to a controllable level, making the money extremely easy!

When Leon John thought of this, he suddenly became excited!
After Leon John proposed his idea to Zhang Junfeng, he quickly realized that his grandfather Zhang Fushan had mentioned the special nature of banks to him before, but he had never taken it seriously.

Now I think that the biggest profit-making method for Comet Capital, which I have established and KB Bank, which I have completed controlling stake in, is to raise funds through banks and then lend the funds to Comet Capital. This is a complete replica of the business model of Goldman Sachs Group!
Especially since KB Bank has been in the limelight in Hong Kong not long ago and is currently at its peak, if it were to offer investment and financial products in Hong Kong, I believe many people would be willing to use part of their savings to purchase them!
As long as we can raise substantial funds, in addition to continuing to invest in Internet technology companies in the United States, we can also consider investing in other profitable projects.

Counting the time, in the past two years, European telecom giants Vodafone and Mannesmann have both regarded the European market as a must-fight place and are fighting fiercely for the leading position.

By the next year, Orange, the third largest telecommunications giant in Europe led by Li Ka Shing, took advantage of the moment when the competition for the market between the largest and second largest players was the most intense, and announced that it would sell Orange, which prompted Vodafone and Mannesmann to continuously raise prices, and finally sold Qrange for a sky-high price of nearly 1500 billion Hong Kong dollars!

Zhang Junfeng could also enter the market early and buy in while the market value of Orange and Mannesmann has not yet reached its peak due to speculation.

If you wait until the critical moment next year to sell it off in time or even sell it to Vodafone, a top buyer with strong strength, at a high price, you will be able to make a huge profit no matter how you look at it, which will not be much less than the income from investing in Internet companies.

(End of this chapter)