God of stocks chapter 430
Chapter 430 How to solve the situation (2)
It seemed to show the situation as it is that the stocks that were large and slow to move like Oh Sung Electronics eventually broke 500,000 won and fell down 7% with the opening. Downward pressure from the market was more than what you were seeing.
And now, the person who is under such pressure the most was begging.
“I will do everything you ask for. What measures will you buy? Please tell me.”
It was the appearance of Kim Jung-soo surrendering the white flag. However, even in such an appearance, the bosses were not moving. As if they couldn’t help it, the conference room was only silent.
I sat down in the morning, but remained silent in this way and spent time without taking any measures until the end of the rainy season.
As soon as the 3pm market came to the deadline, the bosses said they had to return to the company and finish it, so Kim Jung-soo was forced to get up and finish the meeting.
Lee Sang-hoon also returned to the office with the bosses leaving and laughed at Jisoo’s situation board.
57 rising stocks and 807 falling stocks seemed to indicate today’s index situation.
The net sales of foreigners and institutions were only about 100 billion won, but the fact that this result was indirectly revealed that it is safe to assume that there is no buying tax.
Lee Sang-hoon pressed his desire to clap and said after bringing Kim Hee-yeol to his side.
“It’s all there. Let’s get ready tomorrow.”
Lee Sang-hoon gathered the staff waiting for him and talked.
“I’ve waited well so far. Now let’s finish. 1,000 is visible. The moment the 1,000 breaks tomorrow, there will be a selloff. Let’s close the sell position according to the sell. No need to rush. All you have to do is get the sell-off that pops out as usual.”
“Do you proceed with switching?”
“no. Switching is done from the beginning of 900 to the point where you want to see 900 under. If we proceed from selling and liquidation to switching together, it may affect the index, so we are going to proceed in split, so let’s start with selling and liquidation.”
Lee Sang-hoon informed the staff of the scenario and explained to Kim Hee-yeol again the parts to move forward.
***
“There are a lot of people who are not here today.”
Kim Jung-soo sat down and looked around the empty seats. Until yesterday, the seats that were empty in several places as if their teeth were missing, but today, most of them were absent so that it was quicker for the remaining people to pick them up.
“People who are backed down also come to the front.”
Kim Jong-soo was weakened by the appearance of not listening to the government. Compared to his first sad appearance, I felt sorry for the old man who had the day to die.
On the screen prepared by the staff of the Ministry of Finance, the chart of the KOSPI and the chart of the US that ended early were floating together.
With the news that an emergency meeting was held to predict OPEC’s decision to cut production and the US stock market showing an uptrend due to buying from the previous low, Korea was expecting a weak increase at the same time.
Kim Jung-soo said, looking at the chart and the president alternately.
“Please help.”
It was Kim Jeong-soo, who appeared in low profile from the beginning. However, even those who did not gather could not answer Kim Jeong-soo’s request for help.
And in the index that started, it showed right away why those who weren’t there weren’t here.
The index, which started at 1,050, declined without an end.
The KOSDAQ, where the circuit was activated the day before, broke the 300 line and was running toward the circuit once again.
Individuals who were supporting the agency’s bomb sales were threatened with the 1,000 line and turned to sell and even seemed to be in sync with the decline of the index.
“Today, 300 billion purchases from pension funds are expected. Please help even everyone. Don’t you want the stock market to close like this? It’s really hard. There is no way to do anything.”
Kim Jung-soo, who seemed to burst into tears when he talked emotionally, seemed salty. However, there was no one who offered to help.
And when the 1,000 line was finally broken, the people who were in the seats also got up.
“Sorry. I think I have to go back to work soon.”
When the decision maker was not present, the bosses of several asset management companies, who could not decide what to do with the sale, left their positions even though the vice minister was holding them.
Kim Jung-soo couldn’t catch them.
It was because in his eyes he could see the chart of KOSDAQ entering the circuit once again in the sidecar.
Lee Sang-hoon saw a text message arriving on his mobile phone.
[Going to the 900 line and trying to start liquidating the short position]
Lee Sang-hoon looked at his mobile phone and smiled thinly, then pulled an empty seat and sat near Kim Jeong-soo.
Although Kim Jeong-soo is not releasing his short position, he still kept his position and showed a pathetic look toward Lee Sang-hoon, who was approaching.
Lee Sang-hoon smiled gently as he looked at Kim Jeong-soo’s eyes. Then he said, looking back at the few remaining.
“Vice Minister. If left as it is, the circuit may burst.”
“I know. But there is no way. Today, Ohsung Electronics’ performance will be announced. However, they told me that their performance, which they had received beforehand, was cut in half. I don’t know what to do with Ohsung Electronics’ plunge.”
“You still have to stop the circuit. Isn’t it? If the circuit comes out like this, don’t you know what words will be used on the front page of the newspaper tomorrow?”
Kim Jung-soo looked up at Lee Sang-hoon. It was because Kim Jeong-soo saw hope at the words of Lee Sang-hoon of SH Partners who did not release his position no matter what he said.
“Is there any way for CEO Lee?”
“How? I do not know. I don’t know how… … . We are thinking of opening our short position. So I try to block the circuit. Seeing the appearance of the Vice Minister, I can’t continue my stubbornness.”
“Is it real? Are you really thinking of opening a short position?”
Kim Jung-soo’s eyebrows were wide open. Lee Sang-hoon quietly stepped back and said at the appearance of Kim Jeong-soo, who seemed to be running into Lee Sang-hoon right now.
“Please make an appointment instead.”
“Speak only. As long as CEO Lee buys, he is ready to accept any request.”
“Nothing great. I think that the current interest rate in Korea is too high. If you lower that, we will proceed to sell and liquidate immediately.”
While talking, Lee Sang-hoon’s mobile phone, which had been muted, was announcing the arrival of the message. On Lee Sang-hoon’s mobile phone, the progress of the sale and liquidation was constantly being photographed. It is already in the sale and liquidation, but he did not tell Kim Jung-soo about that.
After hearing Lee Sang-hoon’s words, Kim Jung-soo paused for a moment, and then looked in trouble.
“I cut interest rates. I have to. I have to… … . The old man sitting over there is so strong… … .”
“Are you saying it’s difficult?”
Kim Jeong-soo waved his hand, worried that Lee Sang-hoon would stop releasing his short position because he said it was difficult.
“no. Let me talk. But for the interest rate decision to come out, we have to wait for more than 15 days in the future… … .”
“Vice Minister. If you’re in a hurry like now, isn’t it possible to hold an emergency meeting? When do you wait for the regular meeting? Isn’t it?”
Lee Sang-hoon spoke and looked back at the other bosses sitting around him. They also nodded to see if they thought Lee Sang-hoon’s thoughts were correct. At that appearance, Kim Jung-soo replied vigorously whether he received strength.
“good. I will have a talk with the minister. Please trust me.”
“Then I will proceed right away.”
As Lee Sang-hoon laughed and talked arousingly, Kim Jeong-soo stood up from his seat and grabbed Lee Sang-hoon’s hand.
“thank you. How much are you going to liquidate?”
“As you can see from me, I’m not the person I share when working. We will close the circuit by liquidating all of it.”
Lee Sang-hoon smiled and picked up the phone. Then I called Kim Hee-yeol.
“uh. That’s me. Just liquidate everything and stop the circuit from coming out.”
It looked like a movie scene, but the people in the seat couldn’t tell whether Lee Sang-hoon’s appearance was bluff or real.
Hearing Kim Hee-yeol’s voice over the handset asking what he was talking about, but Lee Sang-hoon hung up the phone and looked at Kim Jeong-soo. And he said, pointing his finger at the chart.
“I can’t see how the stock market collapses like this. Let’s watch.”
The chart was pointing to -9%. Even if I went down a bit like this, it was a place that could take the circuit.
Everyone in the seat turned to the screen. Seeing the sudden increase in the amount of purchases in the institution, everyone turned to Lee Sang-hoon.
Although I didn’t say anything, it was because everyone knew that the purchase amount of these institutions was the sell and liquidation amount of SH Partners.
The workshop continued with -10% in front. It seemed as if the charts showed the sell-off to stick to the floor and SH Partners’ fierce battles from below.
“The gift is… … . I have entered the lower limit.”
After entering the lower limit with numerous items filling blue on the billboard, even the gifts entered the lower limit and retreated to the place where there was no place to go down.
“Ohsung Electronics is the problem… … .”
Even Oh Seong-su, as Kim Jeong-soo talked about in the morning, announced his disastrous results and showed himself playing near Hahan Street. After breaking 500,000 won, he went down and was trying to break even 400,000 won. It was obvious that if even Ohsung Electronics entered the lower limit, the circuit would burst.
However, the index was held at -10% in front of the nose.
“Ugh. Broken.”
One of the people in the room screamed in surprise.
SH Partners alone was not enough, but the index broke down to -10% and reached the -11% level. Kim Jung-soo covered his face with both hands, and the other bosses who were in the seat also turned their heads away.
The first circuit was about to burst after the circuit broke out in the 9/11 terror.
“uh? The circuit doesn’t work. What?”
At that, everyone turned and looked at the screen. If it lasts for 1 minute with a decline of more than -10%, it was normal to stop trading for 20 minutes.
It is normal for the circuit to come out now, which has fallen to the -11% level, but everyone turned to Kim Jeong-soo as the circuit is not bursting because the market is still moving.
He asked the unspoken question if the government was not forcing the market to stop the circuit. Kim Jong-soo shook his head and conveyed that he was not, but he did not raise doubts because he knew that there was no place other than the government could do this.
If the government had forced the circuit to go off, this could cause problems of another way. The reason that the government forcibly influenced the market was because it was a problem that could be withdrawn from the global investment market.
However, the answer to this appearance came from Lee Sang-hoon, not Kim Jung-soo.
“It’s over 2:20.”
It was only after hearing Lee Sang-hoon’s story that people learned about why the circuit did not burst. It was because I remembered that the circuit was not activated 40 minutes before the end of the chapter.
And it seemed that it wasn’t just the people in the room who learned this.
I pushed forcibly, but the circuit did not burst and the market started to rebound.
The index rebounded from 1,000 to 925 and ended at 938.
-10% drop.
However, everyone in the room knew that the circuit did not burst until 2:20, and that the help of SH Partners, who fought fiercely and blocked Jisoo, was the first place.
Lee Sang-hoon checked his mobile phone as he saw him entering the deadline simultaneous quotation.
[Sell and liquidation completed]
As expected by Lee Sang-hoon, bombs for sale poured out, and 700 billion worth of goods were easily liquidated. And I laughed at the subsequent text.
[Revenue: 180 billion won]
The decline in the index of about 30% led to huge returns.
“Vice Minister. It is said that all of our short positions have been liquidated. I kept my promise. I would also be grateful if the Vice Minister kept his promise.”
“of course. Thanks to lived. I will have a talk with the minister right now. do not worry.”
Lee Sang-hoon patted his hand while watching Kim Jeong-soo, who appears to have survived from death, even though the index fell -10%.
He followed Lee Sang-hoon, who said he was returning to the company, to the outside of the building, and waved his hand toward Lee Sang-hoon, who was leaving, telling him not to worry several times.
***
Lee Sang-hoon has been busy moving since lunchtime at the words of Min Yoon-seo, who called and said don’t forget to call from the morning sun.
“He bought something like a wedding ring.”
Lee Sang-hoon picked up the exchange order from Min Yoon-seo and found a ring from a jewelry brand that was likely to face the morning.
The ring in the white case had a large diamond egg embedded in it. Lee Sang-hoon was curious about the price, so he was handed a ring and asked the clerk for the price. And he doubted his ears. At a price that exceeded the price of a common foreign car, Lee Sang-hoon became distracted from the morning, and while going to the meeting place, he touched his arms several times to check if the ring was good.
“If you go to the place where jewelry stores in Jongno are gathered, you can get this in half, half and half… … . These are not all brand values. Ugh. He buys a ring that is so expensive.”
Well, he couldn’t say what he was living with his money. And since the person with the money said that he would use his money as he wished, and because he could give it to Min Yoon-seo for no reason and receive it in words, he went to the place of appointment with regret only in his heart.
After putting it deep inside the suit, Lee Sang-hoon headed to the restaurant that Min Yoon-seo had reserved.
“Some restaurants have to dress up.”
I was going to wear a training suit, but Lee Sang-hoon left behind the hassle and drove to the meeting place after Min Yoon-seo emphasized that he would wear a suit.
Lee Sang-hoon, who parked in front of the French restaurant written on the address, opened the door and went inside.
korean novel God of stocks chapter 430
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