God of stocks chapter 402

Chapter 402 Confirmation Stamp (2)

“character. The call is corrected. The amount is thrown by spreading it to the 5th price under 10,000 won. It is corrected collectively and exits all at once. You have to focus.”

Kim Hee-yeol gave the order, and the employees who were listening to the conversation between Kim Hee-yeol and Lee Sang-hoon began to get out of Aiming House, making corrections quickly without any doubt.

Due to the thickness of the selling wall of 10,000, the quantity of SH Partners seems to be relatively small.

The quantities at stake were quickly sucked into the buying trend. SH Partners was able to get out of Aiming House in no time, so it took less than 3 minutes to clean up all of the water in the amount that melted like spring snow.

Lee Sang-hoon picked up the phone in a light-hearted mood.

After the bell sounded three or four times, the other side’s voice came.

“CEO Lee. What is it?”

Beyond the handset, I heard the voice of the head of the commissioned investment team. The reminder of his voice made me wonder if he was on the phone with someone until he answered Lee Sang-hoon’s call.

Lee Sang-hoon pretended not to know.

“I would have heard of the team leader as well.”

“What are you talking about?”

The laughter from his voice seemed to know what Lee Sang-hoon was trying to talk about in his first words. And I was trying to match the beat and pretending not to know.

Lee Sang-hoon also knew it, but he pretended not to know and talked about it.

“The Aiming House. At that time, I remembered that the team leader said it was likely to be full. But today, it took a full picture. After all, no matter how much I ran on the site so that my feet sweated, it seems that I couldn’t see the team leader’s wide view.”

It was Lee Sang-hoon who was openly painting the other person’s face. The team leader of the commissioned investment team did not know what Lee Sang-hoon’s words meant, but he laughed several times and then spoke to him as he couldn’t help but feel good.

“So did you have some fun?”

“no. I couldn’t enter. Now I have a stomachache, so I’m going to delete it from the item I’m interested in. I don’t think I’ll be able to sleep at night if I keep looking at it.”

“Ok? Are you sure you want to delete it from the item of interest?”

“Yeah. At 1,000 won, I couldn’t catch it and watched it become 10,000 won. How much will my stomach hurt if I go up more? I think it would be cool not to see it. I don’t know if it’s less than 10,000 won, but I can’t look at it anymore when I see 10,000 won. I’m thinking of erasing it as soon as I hang up.”

“Ok? Well, then it can’t be helped. Still, it seems to have achieved satisfactory results just by having a good conversation, watching the same event, and checking together. Next time you have another chance, let’s talk.”

“Yeah. Okay. Then we will see you on the next meeting date.”

It was Lee Sang-hoon and the team leader who talked different stories as if anyone could hear them even though they knew what they were talking about.

However, saying something else didn’t mean it didn’t make sense. The two were eventually telling a story.

Lee Sang-hoon hung up the phone after briefly saying hello.

He said that he would remove his hand from the item he was interested in, and the head of the commissioned investment team also understood it and promised to be next.

Lee Sang-hoon even took the confirmation stamp, put the phone in his pants dance, and raised his hand to give instructions.

“I erase the Aiming House chart. And don’t care how much or how you move forward. We now let go.”

Lee Sang-hoon returned to his office with a deep breath, as if putting down a large stone that pressed against his chest.

***

Jisoo, who dropped her head below the 20th line, could not easily raise her head above the 20th line.

Concerns from the US continued to be heard, putting pressure on the index. U.S. financial stocks plunged over the story of the possibility of nationalization of state-run mortgage companies, which played a role in holding down the index.

And I hid it thoroughly, but as time passed, the story of Lehman’s feet began to flow and press the atmosphere.

“It was said that Lehman eventually could not bear the loss and was sold.”

Lee Sang-hoon drank coffee in the office and listened to the conversations the employees had.

“Are you going over it in the end? Where is the story?”

“Because the Lehman class needs to be approved by the US Congress, why don’t you go to a financial company in the US? Just like JPMorgan hugged Bear Stearns the other day, I’ll hug him at a similar level. Where are you going this time? Goldman? Or Morgan Stanley? No matter where you are, you might have to endure significant losses to embrace Lehman.”

“right. No matter where you are, if you hug Lehman, you’ll have to be prepared for considerable bleeding. It might happen that if a place that’s not good enough takes over, it goes over together. And the sale price is also a problem.”

“Wouldn’t the sale price be offset to some extent by holding Lehman’s debt? No matter how high the price is, you won’t pay for it in the midst of debt.”

“But the question is how bad it is. From my perspective, it would be crazy to take over Lehman with all the insolvency. Where in the world is there such a place.”

Lee Sang-hoon couldn’t say that the Industrial Bank was going to do that crazy thing.

The KDB was in the process of doing what everyone who heard Lehman shook his head and considered it crazy.

The three major indexes of the United States began to lower their heads to the story of Lehman’s feet, and along with that, the domestic stock market gradually began to lower their heads.

When the mid-1500s collapsed, it was a move toward the early 1,500s again, indicating a desire to test the 1,500 once again.

And the desire for such a test began to be expressed first among the subjects. The sales of individuals continued to come out and squeezed the market, and the influence was spreading to the KOSDAQ, where the proportion of individuals traded was high.

“The KOSDAQ 500 line collapsed. KOSDAQ first collapsed the lows.”

“As the Internet-related stocks, the leader of the KOSDAQ, are plunging, the index is pulling down. The KOSDAQ index returned to 3 years ago. I want this to be okay.”

“Who threw the most?”

“Individuals are pulling down the index with a 7.2 billion sell advantage. Even though foreigners and individuals did a bit of fraud, it seems that they were not able to prevent the individual’s selling off.”

Due to the nature of KOSDAQ, which is difficult to handle programs and large quantities, the index could be plunged with only individual selling taxes. And he was showing that way today.

So far, no matter what happens, individuals who have been receiving stocks have shown that they are no longer able to withstand the sluggish index that cannot rise and shake their hands.

The KOSPI also began to be affected by the decline of the KOSDAQ.

In particular, it played a spearhead role in pulling down the index as construction owners were disappointed that the government’s real estate measures did not meet expectations. The sector averaged -5%, mainly for large construction companies, showing disappointment with the government’s policy.

The index fell down to 1,511, and tried to test 1,500 again.

Lee Sang-hoon was watching the movement of the currency market, which had been quiet for a while.

When the index gradually descended and tried to look at 1,500 again, the exchange rate suddenly exceeded 1,050 won and showed the appearance of crossing the previous high. The exchange rate market, which had noticed the government’s intervention for a while, confirmed that government intervention was difficult and tried to move again.

“Isn’t there any context of exchange rate intervention yet?”

“There is a point of suspicion that exchange rate intervention has come in, but there is no continuity, so I am only suspicious and unsure. But will the Bank of Korea keep the exchange rate rising like this? In the market, the dominant opinion is that it will not be easy to intervene in the exchange rate.”

“I have an idea. Leave it alone… … .”

Lee Sang-hoon had doubts that the negotiations between Lehman and Korea Development Bank were not working well. It is because it seems to be signing at the moment, and it is now different from the exchange rate intervention to make the price exposed to the outside look a little cheaper at the time of signing.

“What will happen if I go to 1,100 won like this?”

“How is it? Hasn’t the exchange already announced that there are more than 70 listed companies whose loss of Kiko exceeds 10% of equity capital in the first half alone? It should be said that all 70 places are destroyed. And even places with less than 10% will now be in the range.”

“There are over 500 companies that have joined Kiko, and 480 of them are classified as small and medium-sized businesses. Shall we leave it as it is? All of those 480 are on a scale that cannot afford the loss to Kiko.”

“Because there are 480 small and medium-sized businesses to join, I’ll just let it go. SMEs are not companies to the current government.”

The conference room was surrounded by silence with Lee Sang-hoon’s remarks.

It was Lee Sang-hoon, who casually asked questions and answered him, but it was because he agreed with both the meaning and situation Lee Sang-hoon said.

For the current regime, small and medium-sized businesses were not very different from local grocery stores. The government was pouring out a policy that seemed not to consider SMEs as a company, and was carrying out a policy toward pro-large corporations, blocking ears despite the cry of SMEs.

For that reason, it seemed clear that even if the company went bankrupt as the exchange rate rose and the Kiko loss was maximized, the government could not help because the SMEs themselves signed the wrong contract.

“If the companies that joined Kiko were large companies, the situation would have been different, right?”

“It would not have come to the same situation as it is now. As soon as the problem popped up in any way, you would have seen a solution. And it must have struck the banks that led to such contracts. For the current regime, large corporations are like the big trees that support the country.”

At Lee Sang-hoon’s words, everyone nodded and showed consensus.

“Wouldn’t it be up to 1,100 won?”

“I do not know. You will see it in the future. In the current situation, we cannot assure you that nothing is certain.”

It was Lee Sang-hoon who wanted to say that it might soar to a higher place, not 1,100 won, but he only talked to himself because he refused to speak up.

In the United States, the story of Lehman’s overseas sale continued.

However, most of the story ended with a failure to negotiate an acquisition. Negotiations continued due to a difference in perspective between the US and the buyer who could not accept it as it was, including the insolvency in Lehman’s sale.

Lee Sang-hoon, watching such misfire news, hoped that Korea would also become one of the misfires.

While the US’s sale of Lehman is becoming a big issue, Korea’s index finally attempted to break down 1,500 again.

As foreigners continued to sell their money and the shipbuilders’ performance was likely to be somewhat sluggish, the KOSPI failed to keep the 1,500 and eventually fell to 1,477.

After 2 o’clock, the pension fund’s exponential defensive buying trend came in, lifting the market and trying to keep 1,500.

It seemed, but unlike in the past, only pension funds came in, and other actors did not participate in raising the index while watching and watching. In this way, the index eventually failed to keep 1,500 and ended at 1,496, and in 18 months, it became the day that gave 1,500 in terms of the closing price.

Lee Sang-hoon and SH Partners employees, who watched the collapse of 1,500 while checking the last chapter on Friday, before the weekend, showed a tumultuous appearance.

“It also goes sideways, and it looks down after energy condensation. The position we held will not be a big problem, so I think I will spend the weekend comfortably. Just a few days ago, if I climbed like this, I was very nervous, but seeing it break 1,500 makes me feel relieved.”

“I am too. My heart trembled as I kept knocking at 1,590 to go up to 1,600. But with the 1,500 piercing, I felt like the direction was decided.”

When the staff and Lee Sang-hoon were preparing to go home to enjoy the weekend with a comfortable mind, an unexpected person visited the company.

“Director. What happened without even contacting me?”

He came to SH Partners without even telling him that Jo Young-jin was visiting in advance.

“After entering the Korea Development Bank’s main branch, I returned the car because I thought it would not work. I should have told you about it in advance, but I’m sorry to come here without saying anything.”

“no. Director, if you always come, welcome. Come in.”

First, Lee Sang-hoon, who was trying to make other employees feel comfortable leaving the office by showing his way home, returned to his office with Jo Young-jin.

Cho Yong-jin seemed to be tired of sitting down on the sofa and turning his head back, whether that was the case in the space where there were only two.

Then he lowered his head and looked at Lee Sang-hoon and asked for cold water rather than tea. Lee Sang-hoon was able to find something urgent about Cho Yong-jin’s appearance.

“Director. What are you doing?”

Jo Young-jin said, holding the tie around his neck with his hand and hanging it down.

“A news is coming from America this evening.”

“The news?”

“Yeah. The story of the Korea Development Bank’s acquisition of Lehman Brothers, whom Lee also knows, will come out in the United States today.”

“Isn’t it possible to prevent the acquisition in the end?”

“We couldn’t change the outcome of the negotiations we had already decided on. Even though Lehman’s insolvency continues to explode, there is no intention to change from above, but rather, only reprimands are coming down due to slow progress.”

“There is news that Lehman broke down while negotiating with other countries. Is that a smoke screen?”

“no. In fact, while negotiating with us, it seems that we continued negotiations with other places. We were very disappointed to hear that story.”

“Ok? Then I guess we were going to sell it to a place that offered a better offer than we do.”

“Yes. It seems that he has been in contact with other places while negotiating with us. But, as you know, is there any place to take Lehman right now? Because it’s us, we proceed as if we were shot in the head, but in a sane place I can’t think of accepting Lehman.”

Lee Sang-hoon also sympathized with Cho Young-jin’s words.

korean novel God of stocks chapter 402

Previous

|

ToC

|

Next