The penniless son of the penniless ...

Chapter 387 Subsequent Investment Direction

After the news was broadcast, more and more people and companies agreed with Comet Capital's statements and practices.

After all, the facts are exactly as Zhang Junfeng said. After completing the second round of financing last year, Daum's stock price continued to rise for more than two months. This alone has proved that Comet Capital is not as evil as portrayed by some media. It is extremely difficult for other listed companies to see such a good market with a continuous rise for more than two months!
However, some institutions and investors who threw mud at Comet Capital seemed much more shameless. Why didn't they thank Daum for the opportunity when they made money by raising funds? Why didn't they think of selling their shares in more than two months? Now that they have lost money on the investment, they blame the people who gave up their shares a few months ago. It seems a bit unreasonable!
……

In the office of the vice president of Yuetian Group.

Watching Zhang Junfeng talking in front of the camera and expressing his plan to buy back Daum's shares in the future, Shin Dong-joo's face was gloomy and she was completely defeated. "Baka! This bastard must have done it on purpose! He will buy back Daum in the future? How can he say such shameless things?!"

It's no wonder that Shin Dong-joo is angry. Comet Capital is really shameless. On the one hand, they act righteous, but on the other hand, they are thinking about buying back shares at a low price. They are simply trying to reap all the shareholders who had actively participated in the financing before, just like leeks!
The subordinates standing by remained silent when they heard their boss's roar. When Comet Capital was raising funds, it reduced the proportion of shares it held from more than 50% at the beginning to around 15%. Later, it transferred part of the shares to other institutions, and the shares were reduced to less than 10%. This may be something fishy.

But from an objective point of view, there is nothing wrong with their actions. After all, as an investment company, they are profit-seeking. Daum's stock price has risen so much in a few months, and it is reasonable to cash out part of it. Moreover, the other party did not clear out the position and leave. Daum's stock price has plummeted now, and they have also suffered losses!
Of course, this kind of talk is obviously not suitable for discussion in this kind of place. After all, if you do this, you will most likely be labeled a traitor by the other party, and it will be a question whether you can keep your job.

……

Fortunately, Shin Dong-joo's roar did not last long, as a phone call came in. Shin Dong-joo, who was originally furious, could not help but look ugly, but both parties communicated in Japanese, and the subordinates did not understand what they were communicating, and just waited silently on the side.

After a long while, after the call ended, Shin Dong-joo looked at his subordinate with a gloomy face and asked him to contact Comet Capital as soon as possible. He planned to meet with the other party in the near future to discuss a business deal.

The subordinate nodded repeatedly in agreement, and then left the depressing office as if he had survived a disaster.

……

In the evening, many people called to ask Zhang Junfeng whether what he said at the press conference was true. After all, the downward trend of Daum's stock price is still quite obvious, and no one knows to what extent it will stop falling.

Especially Leon John from Goldman Sachs branch, who has worked with Zhang Junfeng many times, knows too well how deep the pit is in the current Internet industry.

According to the news from the headquarters of Goldman Sachs Group, this sudden crisis in the Internet industry will last for a long time. As for the Internet technology companies with a market value of hundreds of billions or tens of billions of dollars, their stock prices will be halved. Under such circumstances, Zhang Junfeng is still spending money to acquire Daum, which may be a thankless task!

Zhang Junfeng laughed out loud on the phone. "At the press conference, I only said that we would 'make a plan to gradually buy back Daum's shares', but I didn't promise to buy back all the shares in one go."

“For example, if we can recover 5%-10% in a quarter, that would also be in line with the plan I proposed!” Thinking of the fact that in the previous life, a listed company in the A-share market announced that it would repurchase RMB 6000 million worth of stocks, but ended up only repurchasing 100 shares (one lot) at a cost of RMB 443, he was simply a kind-hearted person who always keeps his word!

Hearing Zhang Junfeng say this, Leon John was obviously stunned for a moment, and then he laughed out loud, "Sure enough, you are more cunning. You fooled those reporters and played word games!"

Zhang Junfeng grinned, "Of course! My money didn't come from the wind, so how could I possibly buy Daum's shares at a high price now? It won't be too late to gradually buy in after its share price is almost halved. Let's wait for a month or two until we can cash out a batch of the funds we invested in the futures market!"

When it comes to shorting the Nasdaq index, Leon John's face is filled with uncontrollable excitement. When Zhang Junfeng mentioned this secret operation to him before, he was also quite hesitant.

After all, more than 9% of investors and financial institutions were optimistic about the continued rise of the Nasdaq index at that time, but Zhang Junfeng, this "madman"... no, "genius", went against the trend.

Fortunately, he had great trust in Zhang Junfeng, especially when he learned that Zhang Junfeng would invest 20 billion US dollars and even Nacho Morgan would invest hundreds of millions of US dollars. Leon John made up his mind and directly took out nearly half of his assets, a full 6000 million US dollars, to invest in Zhang Junfeng's short-selling of the Nasdaq.

由于目前纳指距离3月的最高峰已经累计跌幅超过30%,在5倍杠杆的加持之下,已经给他们带来150%的收益了!再这么下去,超过200%甚至是达到250%也是极有可能的!
You have to know that it has only been over a month, and the scale of this Internet crisis is so large that it will probably not be resolved in a few months.

By then, the tens of millions of dollars you invested will be able to bring you hundreds of millions of dollars in income. Just thinking about it is very exciting!
……

"No problem. I'll do whatever you say! Hehe, Matto Walls must be regretting it now, right? He should have invested more when he shorted the Nasdaq, but this guy was so cautious that he only took out 4000 million US dollars. How could he have such a small fortune?"

Leon John was quite contemptuous of the actions of his former boss Matto Walls. In his opinion, as an organizer, Zhang Junfeng must have been extremely confident in investing so much money in one go.

Moreover, Zhang Junfeng’s previous investment record was quite outstanding, and it seemed that he had never suffered a loss. If he invested less, wouldn’t he have missed a good opportunity in vain?

……

After the call, Zhang Junfeng was in a very good mood. The cash flow from the Qualcomm shares he had previously held and the sale of some Daum shares successfully brought Zhang Junfeng's cash flow to an astonishing $96 billion.

This is because Zhang Junfeng spent too much last year to acquire Avex Music and part of the shares of Fuji TV Japan and Blizzard Entertainment. Otherwise, the cash flow he controls would definitely exceed 10 billion US dollars, which is not much inferior to the financial resources of those financial giants on Wall Street.

Finally, this time Comet Capital invested 6 billion US dollars to short the Nasdaq index, of which about million US dollars were raised by KB Bank's high-yield wealth management services.

Another 4 million US dollars was pledged by Leon John, Mattowols, Anne Hathaway-Morgan, Catherine Zeta-Jones, Lee Jae-yong, and Lee Suk-hyun, who invested with Zhang Junfeng. This time, it can be regarded as an annual benefit distributed by Zhang Junfeng to those around him.

Of course, many of them saw the Nasdaq index plummet as Zhang Junfeng had expected, and they often asked Zhang Junfeng afterwards why he did not set a higher investment amount for shorting the Nasdaq so that they could make more profits.

Zhang Junfeng just smiled and said nothing, without giving any answer.

When he asked these guys to invest, none of them readily agreed, fearing that Zhang Junfeng's risky operation might bring them huge losses. Now the market is the same as expected, and they have made money and started to "be wise after the event". How can things be as simple as they thought?

It would be fine if they were investing in the United States, but they are also making such a big fuss about fleecing the United States in the futures market. Do they really think that the relevant departments of the United States are just decorations?

For the 2 billion U.S. dollars alone, the operators at JPMorgan Chase used more than a dozen accounts opened in advance at the futures exchange and reduced the funds in each account to less than 200 million U.S. dollars in order to avoid attracting the attention of the relevant departments.

Otherwise, if he directly shorted $20 billion in an account, he might have FBI agents coming to question him in mid-to-late March. If he invested a larger amount, Comet Capital's branch in the United States would have been forced to shut down, and he himself would probably have been summoned by the relevant American authorities.

As the "world police", America has been enriching itself by fleecing others for so many years. How can it allow someone to be so bold as to cut meat from them?
……

"Next, we just need to make additional investments to acquire more shares of Fuji TV Japan and Blizzard Entertainment. As for the subsequent investment direction, we need to consider it carefully..." Zhang Junfeng, who was completely relaxed, leaned on the sofa, constantly calculating the investment trends in the next few years.

According to my memory from my previous life, the industries with the highest investment returns from 2000 to 2010 were online games and real estate.

The Internet technology companies in Longguo that suffered heavy losses in the Internet crisis were able to rise again in just a few years, thanks in large part to the transformation and development of online games, which greatly improved the company's revenue capacity.

For example: the "Swordsman Love" series of games developed by Kingsoft Software in the previous life, "Westward Journey Online Ⅱ" developed by NetEase, and Penguin Games built its own gaming empire in a short period of time by borrowing from others.

The company that makes the most money from online games is Shanda, which made billions of RMB in one year in Longguo by winning the agency rights for the game "Legend". Its boss Chen Tianqiao was even crowned the richest man in Longguo in 2004 with a net worth of 150 billion RMB!
……

Zhang Junfeng, who has the memory of his past life, has already started his layout in the field of game entertainment several years in advance. As for game companies, Nexon, a subsidiary of Galaxy Group, is now the first-class game production company in Asia. In the past year or so, it has successively acquired many potential game development studios, which shows its strength. As for Blizzard Entertainment, which will dominate the European and American game markets in the future, Comet Capital has also obtained part of the other party's equity. It can be said that the early layout has been thoroughly laid out.

However, there is still something missing in this "puzzle piece" of the gaming and entertainment industry. It would be perfect if we could acquire a certain share of a Hollywood film company.

For example, Warner Bros. Pictures or Walt Disney Company, among the eight major Hollywood film studios, are more in line with his expectations.

The former will have a smooth development in the future and owns a large number of film and television copyrights and popular IPs, such as the "Batman" series, "Superman" series, "The Matrix" series, "Harry Potter" series, "The Lord of the Rings" series, "The Hobbit" series, "Gravity", "Inception" and "Interstellar", etc. It can be said that it has a very strong foundation.

The latter has many subsidiaries, an extremely complete industrial chain, a large number of animation copyrights, and also has peripheral derivative industries and products such as Disneyland Resort that have a huge influence and can bring huge profits.

"…If we can become a shareholder of the Walt Disney Company, we can use our special relationship and channels with Dragon Country to build the Disney Tourism Resort in the Magic City in the future in advance, and make it the most profitable industry under Comet Capital!"

(Note: The construction cost of the Shanghai Disney Resort was US$55 billion, and the revenue in the second year after its completion reached a staggering US$184.15 billion. In the following years, the annual revenue was staggering billions, and the net profit far exceeded 20%!)
……

While Zhang Junfeng was still thinking and muttering to himself, Li Fuzhen, who had just finished breastfeeding her child, looked tired. Seeing Zhang Junfeng still slacking off on the sofa, she glanced at him with some reproach, "You are taking it too easy as a father, aren't you? The child is already a month old, and I haven't seen you take care of him many times..."

Hearing Li Fuzhen say this, Zhang Junfeng smiled awkwardly and had to stand up to comfort the other party. It took him a long time to coax her to calm down a lot.

……

Speaking of children, Zhang Junfeng couldn't help but think of what happened more than a month ago. After ten months of pregnancy, Li Fuzhen gave birth to a healthy boy in a hospital under the Five Star Group.

The old man Zhang Fushan and the Li family who received the news were also very happy. Li Jianxi, the child's grandfather, handed a beautifully shaped gold ring to his daughter Li Fuzhen, saying it was a small gift for the child. (Note: In Goryeo, the most common gift for elders to give children is a gold ring. The custom of giving gold rings originated from the traditional Korean culture. Gold is regarded as a precious metal, symbolizing the desire for the child to have high value and healthy growth in the future.)
Instead, old man Zhang Fushan pulled Zhang Junfeng to a corner and stuffed a bank card with the Swiss Bank logo into Zhang Junfeng's hand. "This is a gift that an old man like me prepared for my great-grandson. You can't touch it. I'm just keeping it for you. Do you understand?"

Zhang Junfeng looked at the black gold card in his hand and quickly realized that the amount of money in it should be quite large. He then complained to Zhang Fushan, "Old man, you hid it too well! When I asked you for some start-up capital for investment, you were not so generous!"

Zhang Fushan couldn't help but feel a little angry when he heard his grandson bring up the past. "How can this situation be the same? What kind of person were you then? Who knows what you would do with the money if I gave it to you?"

After being scolded by Zhang Fushan, Zhang Junfeng knew he was in the wrong and didn't say anything more.

Later, after discussion between Zhang Fushan and Li Jianxi and his wife, they finally named the child Zhang Dongxian, which means dignity, straightforwardness, sunshine to others, and ability to handle things. They hope that he can have the outstanding abilities like his parents.

Zhang Junfeng's father seemed a little redundant. The whole discussion was done by the elders, and there was almost no room for him and Li Fuzhen to interrupt and express their opinions.

……

As for whether this little baby will be as outstanding as they expected in the future, it is still unknown, but Zhang Junfeng is very sure that this kid is very energetic and has a good appetite. The nanny in charge of taking care of him has to feed him 8-9 times a day. If Li Fuzhen were to take care of him herself, she would probably collapse from exhaustion before the baby can recover.

But even so, Li Fuzhen felt quite exhausted and complained to Zhang Junfeng. Zhang Junfeng suggested that his mother-in-law Hong Luoxi come to help out, or teach the two nannies who were currently helping to take care of the children and Li Fuzhen.

After all, she was able to successfully raise three children, so she must be extremely experienced. The experience of an ordinary nanny in taking care of children and women cannot be compared with hers.

But Li Fuzhen didn't seem to want to trouble Hong Luoxi and didn't agree. But Zhang Junfeng didn't plan to continue to obey her, so he asked his mother-in-law to help. He couldn't let his wife down!
……

The next morning, Zhang Junfeng arrived at the office of Comet Capital. After taking a sip of the strong coffee handed to him by Wu Xiuying, he picked up the phone and contacted his father-in-law, Li Jianxi.

As the head of the family, as long as Li Jianxi nods, other things can be easily solved. Asking Hong Luoxi to come over for help is naturally a small matter!

After hearing Zhang Junfeng's request on the phone, Li Jianxi agreed without any hesitation and said that he would contact his family later and ask Hong Luoxi to make a trip.

Zhang Junfeng was also happy to return the favor and mentioned to the other party the matter of investing in real estate in Longguo.

According to the relevant information currently collected by Comet Capital, housing prices in Longguo are still at a low point. In the most prosperous Hong Kong, the originally high-priced real estate industry has not only suffered a severe blow with a drop of nearly 1997% since the financial crisis of 1998-, but has also been disliked and cold-shouldered by many investment institutions.

If they enter the market during this period and buy properties and shops in excellent locations at low prices, they will naturally be able to make a fortune when Hong Kong's real estate industry recovers in two or three years!
If he remembered correctly, in the second half of 2003, in order to stimulate the real estate market, the Hong Kong government introduced a series of policies to increase the supply of idle land and housing and increase the scarcity of housing. In addition, the mainland of China allowed its residents to travel "freely" to Hong Kong and Macau. Hong Kong's economy gradually recovered and the real estate market bottomed out and rebounded.

After the financial tsunami in 2008, global quantitative easing led to a large amount of hot money pouring into the Hong Kong property market. At the same time, the housing supply in Hong Kong was greatly reduced, which also stimulated a sharp rise in property prices. Some companies that own a large amount of real estate can earn tens of billions of Hong Kong dollars a year just by collecting rent!
……

Li Jianxi was naturally very tempted by Zhang Junfeng's proposal. However, in the real estate industry, if there were no big figures and special channels on the official side, it would not be so easy for them as foreigners to invest in other countries!

Zhang Junfeng was quite calm about Li Jianxi's concerns. After all, he was still a director and senior overseas investment consultant of Longguo CITIC Group. It shouldn't be too difficult for him to open a real estate company in Longguo, right?

As for channels and connections, how many people can compare to his sworn brother, Ye Boyang?
As long as he is involved, the other party will definitely be able to get the news from the top management at the first time. At that time, they will provide the capital and the other party will provide the manpower. Perhaps it won’t take long to establish a real estate giant comparable to the Yida Group in the current market!

Well, as for the Hengda Group, a big liar who relies on defrauding banks for loans and people's home purchase funds, I won’t mention it.

……

When Zhang Junfeng was sure that he could easily secure the channels and connections in Longguo, Li Jianxi, who was already tempted, quickly agreed.

After all, Li Jianxi, the chairman of the Five Star Group, knows the situation in Goryeo very well. The small land area and sparse population are its biggest shortcomings, which also means that a single real estate company in this small piece of land is destined to have no upper limit.

Five Star Property, a subsidiary of Five Star Group, has done its best to maintain its current size and profitability amidst the competition. If they want to achieve further development, they still have to look beyond Goryeo. The neighboring Dragon Country has an area of ​​nearly 12 million square kilometers and a population of over billion. This is undoubtedly the most suitable real estate investment target!

……

After successfully negotiating with Li Jianxi, Zhang Junfeng felt much more relaxed. The reason why he chose to bring in the Five Star Group was mainly because the Five Star Property of the Five Star Group had professional practitioners.

Even though they are from two different countries, they have many things in common in the field of construction. It is true that he wants to cooperate with Ye Boyang to open a real estate company, but if the company does not have people from their side and senior people in the real estate industry to help supervise/check in the middle level, who knows if Ye Boyang will cheat them?

Although it is said that "you should not have the intention to harm others", it is also true that "you must be on guard against others"! It is always right to be more cautious! (End of this chapter)

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like