Chapter 473 – Part 3

“That is an amazing number. It’s amazing that you’ve made such a profit in less than two years.”

Haha.. I worked really hard. But where is this what I did? All of them are the result of moving according to the President’s instructions.
Among them, the highlight was Qualcomm stock, which the chairman told us to buy unconditionally.
Even if it was just a year ago, the stock that was at the level of $ 1 is now.. Let’s see.. Yesterday, it broke through $ 60.
Qualcomm’s stock price began to rise as Korea’s Mirae Information & Communication introduced Qualcomm’s CDMA technology, and as all Korean telecommunication companies introduced CDMA technology and succeeded in commercializing it stably, Qualcomm’s stock price continues to rise without knowing the end.
It is said that Britain’s GMA and Qualcomm’s CDMA are competing to establish an international telecommunications standard next year, and everyone is already expecting that Qualcomm’s CDMA will become an international standard.
At this momentum, I think Qualcomm’s share price could reach $100 next year.”

Qualcomm’s share price had risen 60 times.
The stock price of Qualcomm, which was almost completely bought with a little over 300 billion won, was over 19 trillion won without realizing it.

That said, the 2 trillion won in funds from the general increased tenfold to 20 trillion in just one year.
Seong-jin had instructed to aggressively invest 2 trillion won in IT companies in Silicon Valley.
The result was a 10-fold return, and it must have been a bubble, even though Silicon Valley’s IT companies were doing well at this level of return.

President James, who turned 2 trillion into 20 trillion, has recently been attracting attention on Wall Street as a skilled investor who can see the future.
Of course, there were many other places that invested in IT companies quickly in the early days, but there were many places that made profits more than 10 times, but the size of the investment itself was different from that of James.
That’s why he was able to meet George Sorobin.

“Okay. How much of Qualcomm do we own now?”

“Our stake is 62%. I am still receiving phone calls from Qualcomm’s president asking me to sell my stake. You’re probably terribly afraid. Now that the company is doing well again, you must be worried because you know that we can eat up the company at any time if we set our minds to it. Haha..”

President James laughed very cheerfully at what was so good.
It was fun to be able to control a large company like Qualcomm, and it was fun to be able to make such a lot of money.

“Boss James. I will sell half of my shares in Qualcomm this time.”

“Yes? No, why are you doing that all of a sudden?”

President James, who had been in a good mood for a long time, was surprised as if he had been covered with cold water.

“And, except for a few companies, I will sell all of my investments in Silicon Valley.”

“Oh, Mr. Chairman. It’s not possible. Now these stocks can’t be bought even if you want to buy them. You don’t know how much more will rise in the future, so why are you suddenly selling everything?”

President James jumped up and down as if the sky had collapsed, and started listing all kinds of reasons that he should never sell to stop Sungjin.
Seongjin listened quietly, and when President James seemed to calm down to some extent, he slowly opened his mouth.

“President. When have my decisions ever been wrong?”

“No. Well… I’ve never had anything like that.”

President James sighed heavily and answered sullenly.

“Right now, IT stocks are a bubble from my point of view. I believe that the boss knows well enough because he has been working on Wall Street for quite some time.
To say that a bubble is blowing is technically the same as saying that the downturn has begun.
It means that people with money are now moving to get their money back.
Of course, the more you have, the more profit you can make.
But we have always moved first.
Now that the IT bubble has begun, an economic downturn will come soon, and we must preemptively respond to that economic downturn now.
That way you can make more money.
You know what I mean?”

“Yes. All right. Then, if we sell 50% of our Qualcomm stocks and all of our IT stocks, the funds will be at least 3.75 billion dollars (KRW 30 trillion). Where do you intend to invest the funds?”

Certainly, James, like a man who has been investing for a long time on Wall Street, quickly came to his senses and began to light up his eyes in anticipation of his next investment.
Seongjin smiled once and looked at President James as he pulled his upper body forward.

“I’m thinking of doing a fighting game like George Sorobon. The target is Korea..”

“Yes? That… Is that possible? Obviously, George Sorobon also noticed the US government and said that Korea would not do it, but are we doing that? Then what do you do when the government steps in?
And would that be possible if we only move by ourselves? We may not have enough funds.”

A look of bewilderment appeared on James’s face.
However, Sungjin was still smiling round and round.

“It is quite possible. No, you have to make it happen.
And the boss is missing from this job. Because there is nothing good about being stamped by the government.”

President James only sighed at Sung-jin’s words, but was unable to do this or that.
No matter how much Seong-jin told me to quit, he was the president of an investment company, so I couldn’t say he was absent from work, and it was clear that the aftertaste wouldn’t be very pleasant after soaking his feet.

“Do not worry. That’s not to say you’re completely out of it. The boss also has work to do.
Because the boss is also my precious person, I will never do anything harmful to him. So, please start by disposing of your stocks as I instructed, so that you can raise funds first. Instead, you need to move fast.
And I’ll let you know how I’m going to move when the funds are in the future.”

“Phew.. Yes. All right. It’s all the president’s money anyway.. I’ll do that.”

Afterwards, Seong-jin discussed further details with President James.
Which of the stocks you own will be left behind, how you will sign a share transfer agreement with Qualcomm, etc.

After talking for quite some time, Seong-jin moved to the chairman’s office where Mirae Securities CEO Kim Hyung-seok and older brother Gwang-sik were waiting.

I received an overall report from CEO Kim Hyung-seok, including the current status of stocks held by Mirae Securities, the size of Sungjin’s assets, and the size of deposited funds by customers.
It had already been reported several times via fax and phone, but Mirae Securities was also showing better-than-expected results.

Only Sungjin’s assets deposited in Mirae Securities alone exceeded 1 trillion won.
Of the funds received from the listing of HK Group, 300 billion won that was not sought, the amount of HK distribution stake disposal during the last group reorganization, and the proceeds from the sale of HK catering totaled more than 600 billion won, but it had almost doubled before I knew it.

The share price of Jangsung Electronics, which was around 130,000 won a year ago, rose to around 250,000 won due to the influence of Mirae Information & Communication and the booming export economy in Korea.
Of course, it wasn’t just Jangsung Electronics, but other companies in Korea were also booming.

Seong-jin gave Mirae Securities CEO Kim the same instructions as James.
He had them sell their stocks slowly from now on, and instead instructed them to carefully buy dollars to fund the sale.

Of course, CEO Kim of Mirae Securities protested, saying that he couldn’t understand selling stocks that would go up if left alone, but Seong-jin ordered him to organize his personal assets as instructed and buy dollars if that didn’t work.

Then, through older brother Kwang-sik and President Kim, we talked about the current situation in Korea.
Seong-jin wanted to have an in-depth conversation with Gwang-shik, but she couldn’t tell Mirae Securities CEO Kim about the speculation attack targeting Korea, so she just listened to what was happening in Korea and what was going on in the political world. Have finished

To hear the details of president Kim and older brother Kwang-shik, Korea was not even a mess right now.
As Seong-jin knew, the regime collapsed due to large-scale accidents in which a large number of people were killed or injured, such as the Ahyeon-dong gas explosion accident, the sinking of the Seohae ferry, the gas explosion accident at the Daegu subway construction site, and the Sampoong department store collapse.

Such a government turned the people’s attention to the outside to avoid the lame duck, and on August 15th, the building of the Joseon Government-General inside Gyeongbokgung Palace was blown up.
And he was trying hard to divert attention from the people by sending out news every day saying that the two presidents of the former military regime could be arrested sooner or later for resolving the issue of past history.

If it was as it was in history before the return, as the unprecedented event of the arrest of a former president occurred afterwards, the government and the ruling party were able to put forward the justification that they were taking the lead in clearing up the past, a promise with the people, and created a good image that the ruling party was self-reflection. Contrary to expectations, the ruling party won a landslide victory in the 2018 general election.
At the same time, I wanted to take a breather from the lame duck of the current president, but the following year, the economy collapsed and the cold wave of the IMF hit.

Mirae Securities CEO Kim and older brother Kwang-shik informed Seong-jin in detail about the rumors and movements currently circulating in the business and political world, and while Seong-jin compared and analyzed how they were different from the future he knew, he realized that things were not so different in the end, and smiled on his lips. Could build
It was because if the atmosphere in Korea matured like this, the things Seong-jin was planning would have a much higher possibility of being realized.

Seong-jin secretly told Gwang-shik while meeting the two who were about to return.

“Hyung-nim, please come to the place I will tell you about later in the evening without President Kim’s knowledge. It looks like we need to change some of our plans.”

Gwang-shik had a curious face, wanting to ask what it was right away, but he said he knew it, kept his mouth shut, nodded his head, and left the company with President Kim.
Seong-jin, who sent away older brother Kwang-shik and CEO Kim of Mirae Securities, immediately contacted Mrs. Hong Ra-kyung.

“Miss Ragyeong. Come to the place I said by 7 o’clock. No one has to sneak in. Okay.”

Sung-jin originally planned to return to LA on an evening flight after completing his schedule for today, but he seemed to have to stay in New York for another day.
The only good thing is that Mrs. Hong Ra-kyung is able to spend one more day with her.

In the evening, Seong-jin, Kwang-sik older brother, and Hong Ra-kyung gathered in a VIP room at a hotel in Manhattan.
Gwang-sik and Hong Ra-gyeong were embarrassed to see someone other than Seong-jin together, but they knew through Seong-jin that they had a close relationship, so they formally greeted each other.

“I heard a lot. Now that we are on the same boat, please take good care of us in the future.”

First, Mrs. Hong Ra-kyung greeted her with a relaxed smile.

“Oh my. It is an honor to meet Chairman Hong of the Great Jangseong Group in a place like this. I really wish you well.”

Unaware that Mrs. Hong Ra-gyeong was Seongjin’s lady, Gwang-sik’s older brother saw Mrs. Hong Ra-gyeong of the Jangseong Group, the third-ranked member of the Korean business world, and greeted her so much that her head touched the ground.
It was only natural that it would be difficult for older brother Kwang-sik, a former gangster, to face the chairman of Dae Jangseong Group and treat him in the same position, no matter how much he is now the head of the Mirae Mutual Credit Bank and the president of the National Mutual Savings Bank Association.

Seongjin smiled at the two of them and quickly sat her down and straightened the atmosphere.
She and she began to tell her story that she had heard from James, the boss, during the day.

“So I don’t think we can use the method we decided to attack in the US.”

When she talked about what Seongjin had seen as George So and the US government, and said that she had to revise her plans, Mrs. Hong Ra-gyeong and older brother Gwang-sik looked serious in thought.

“So that’s what I was thinking. I am thinking of changing the location of the attack to Japan.”

At the mention of Japan, Mrs. Hong Ra-gyeong and older brother Kwang-sik widened their eyes.

“Right now, Japan sees Korea very badly because of rising anti-Japanese sentiment in Korea. Moreover, because of George Sorobon’s attack last year, Japan is moving very far to the right. It is a very good time for Japan to attack Korea with ill feelings.”

The two were listening intently to Sungjin’s words.

“As far as I know, the two of you already have a pretty close relationship in Japan. Right?”

The two nodded.
Kwang-sik older brother had a relationship with the Japanese yakuza side without knowing or knowing it while bringing in funds from Japan in the past, and now Kwang-sik, who has become somewhat involved in Korea, was able to handle their funds quite significantly.

Hong Ra-kyung’s Jangseong Group has already completed laundry work and is not known to the outside world, but the founder of Jangseong Group worked for a Japanese during the Japanese colonial period, and after liberation, he brought in Japanese funds and started a sugar business.
The background that the Jangsung Group, which had already had ties with Japan, was able to grow into such a large company was because Japanese funds continued to flow in.
At the time of the IMF, when Japan withdrew bonds from Korea, the reason why the Jangseong Group was not particularly hit hard was also attributable to some extent.

As such, the two had a deep connection with Japan, and this served as a very advantageous position for Seong-jin’s plan in the current situation of anti-Japanese sentiment blowing in Korea.

“So I am thinking of setting up a ghost investment company in Japan. As for the funds, I plan to transfer the money from my investment company on Wall Street to a Japanese investment company, and that investment company will be the spearhead to attack Korea.”

Mrs. Hong Ra-kyung and Gwang-shik were still looking at Seong-jin without saying anything.

“The reason I called the two of them quietly is that they want you to go back to Korea and secretly establish an investment company by mobilizing your Japanese connections.
Please move this with Chairman Hong as the main axis. And, if possible, brother, please direct your money in Japan to that investment company and create public opinion against the yakuza.”

Only then did Mrs. Hong Ra-gyeong and older brother Kwang-shik nod their heads.
The two, who already knew almost everything, could clearly see what Seong-jin was preparing.