The Magician’s Memorial - Chapter 407



Only Noblemtl

407. Good misunderstanding (2)

Center Director Cheon Min-jeong has arrived.

She knew very well that we were in charge of MERS, perhaps because she learned about it through the news.

“Can you create a system that can collect all the information obtained through MERS treatment?”

“It’s not difficult. We can make it by slightly modifying the systems used by Robo Nordisk and Centrian. And by using AI, we can even collect information that we didn’t even think about.”

As expected, Center Director Cheon was outspoken.

When something seemingly impossible was put into her hands, she would always find a solution.

“I don’t know if you’ve heard this, but this is essential information for developing new drugs.”

“I heard it from Dr. Kim Jang-woo. He said it was essential information to conquer the corona virus. So I am creating the algorithm myself, and the best programmers at the center are tinkering with the system.”

Center Director Cheon also had considerable knowledge in the medical field.

She was in charge of Centrion and Robo Nordisk, and in particular, the Artificial Intelligence Center and Centrion were conducting a lot of joint research, so she knew the internal situation well.

“In the near future, we will also receive data related to SARS treatment. Will you be able to analyze and classify all the information in detail in a short period of time?”

“The information analysis and classification system is already fully developed. Until recently, I was developing it myself to identify new drugs received from Robo Nordisk.”

There was no need to call Center Director Cheon.

Because she knew what I wanted better than anyone else, and she worked hard to help me get what I wanted.

“When will it be possible to install the system at Taewoo Hospital?”

“It is possible starting today. Although it is a little unstable, I and the center staff can monitor it 24 hours a day and make corrections.”

“I’m sorry I keep coming up with new things while I’m busy.”

“Absolutely not! No matter what the Chairman brings, I am ready and happy to do it!”

I wanted to talk more with Center Director Cheon.

The situation was moving so quickly that there was no time to delay.

“Please move right now.”

“I will personally visit Taewoo Hospital and install the system!”

With this, everything is now completely ready.

Infected people, medical staff, facilities, and even information collection systems.

Although it was a project that cost tens of billions of won, it was only preliminary work for the COVID-19 virus.

* * *

There are only a few days left in July.

A vice president came to the chairman’s office with a big smile on his face.

“Chairman! We realized the largest profit in history today. The Chinese stock market fell by a whopping 8.5% in one day. The amount that evaporated today alone is over 770 trillion won!”

“Did I tell you that there would come a day when over 700 trillion won would evaporate in one day?”

“I really didn’t think that would happen. If August continues as it is now, the Chinese stock market is predicted to fall by more than 40%.”

It was as if thousands of pounds of money had evaporated in two months.

Even though we couldn’t capture all the evaporating money, we could be confident that the financial tower would have generated the most profits than any other force.

“Financial tower financial companies must be overeating. I’m worried that they will lose weight.”

“They are working hard to digest it. If there is a problem, it is information that they are no longer paying attention to anything other than the food we give them.”

Financial tower financial companies have become accustomed to Taewoo Group.

When wandering in the wild called Wall Street, you always had to look for food.

Even though they worked so hard to move around and hunt for food, the rate of return was not necessarily high.

However, because the food we gave them had a very high rate of return, they lost the will to hunt in the wild anymore.

“That’s very good. I won’t betray you even if I don’t feed you for a while.”

“If they make a profit this year, they can survive for several years even if they don’t make a profit. And if you don’t feed them, they are more likely to wag their tails harder than to betray them.”

“Still, we have to feed them occasionally. But we won’t have food as high quality as this for a while.”

It wasn’t always possible to feed them high-quality food.

It was difficult for a market as large as China to see a 40% drop in two months.

However, these were financial companies affiliated with Financial Tower that would wait patiently because their tastes had already become accustomed.

“And we are smoothly carrying out the work instructed by the Chairman. We are acquiring shares in Muotai as soon as we can, and we have also acquired shares in shipping companies and shipowner-related companies.”

“Good. Go ahead and buy shares in Muotai and shares in the shipping company.”

“Then I received a strange call from David. He said a man named Jerry Wang wanted to talk to short sellers.”

A large fish was caught unintentionally.

I expected that as I put pressure on Chinese shipping companies and ship owners, I would end up getting involved with this person.

Jerry Wang was the CEO of Sespan, the world’s largest shipowner.

The company to which Hyunjin Shipping paid the most charter fees was Sethpan.

“I will meet you in person.”

“Are you talking about the Chairman? If that happens, it will become known that you are the one behind the Chinese short selling forces.”

“We are meeting as representatives of financial towers. Officially, we must make it clear that we have absolutely no relationship with short-selling forces.”

Anyway, I was in a situation where I had to cover my eyes and hide.

Who would believe that there is a huge short selling in the financial tower and that it is not related to Taewoo Group?

Everyone in China’s high-ranking circles already knew, but because they received so much lobbying, they were pretending not to know.

“Okay, then I will contact you through David.”

“Ask to meet with Mr. Li Kang. If he, the future power, is with you, even King Jerry won’t be able to say anything harsh.”

“We’ll find a place soon.”

Preliminary work to monopolize the Korean shipping industry is now in its final stages.

Before the return, the Korean shipping industry was reduced to the point where it could be said to have failed.

However, in this life, he planned not only to restore his past glory, but also to move to the center of the shipping industry.

* * *

A week later.

Went to Beijing to meet Li Kang and Jerry Wang.

The atmosphere on the streets of Beijing was dark, perhaps because China’s stock market had plummeted for two months.

However, the atmosphere of the high-end restaurant we were invited to was still luxurious and bright.

“Chairman Kim, are you here? I would like to see you often, but I never get the chance, so now is the time to meet you.”

“How difficult is it these days with the Chinese stock market? I will provide even a small amount of support for Governor Li Kang and the Crown Prince Party.”

“Hahaha, that’s enough now. Thanks to Chairman Kim, I’m standing on my feet. Now, whenever I go to any event, I’m always shown to the front row.”

Li Kang’s growth still welcomed me.

It seemed like they knew that I was behind the Chinese stock market short-selling force, but since I was lobbying for trillions of dollars, it had nothing to do with it.

“I think we talked too much among ourselves, with guests in front of us. Nice to meet you. This is Minjae Kim from Taewo Group.”

“It is an honor to meet such a famous person. My name is Jerry Wang. He owns a small shipping company in China and is also the CEO of a Canadian shipping company.”

“I and Jerry Wang have known each other for a long time. Although not as much as Chairman Kim, he is also a strong supporter of the Prince’s Party.”

Lee Kang grew up and worked hard on the homework I gave him.

I asked him to become friends with ship owners and shipping company representatives, and he built up close relationships with many people, including Jerry Wang.

“How about we have a meal and talk first? Shouldn’t we also have a gift opening ceremony for Mr. Li Kang?”

“Why did you bring all this again? Hahaha!”

Although we did provide support in trillions of dollars.

In order to maintain Guanxi, a separate gift had to be prepared.

He brought out a high-end watch that is not easily available even in Europe and jewelry for his wife as gifts.

“I may refuse gifts from other people, but how could I refuse a gift from Chairman Kim? When I return home today, I will be able to become a husband who receives a lot of love.”

“I’m glad you like it.”

“I’m sorry for not being able to prepare a separate gift.”

“No. How can I accept a gift from someone who receives the nation’s blessings? For me, just seeing Governor Li Gang happy is enough.”

He showed off his closeness with Mr. Li Kang even more than usual.

It was a ploy to take the lead before the conversation with King Jerry, and King Jerry’s spirit seemed to have been greatly diminished as if the strategy had worked out well.

“Now, shall we begin the story? Why did you ask to see me? Representative Jerry Wang.”

“Hmm, I didn’t ask to meet Chairman Kim, but I wanted to meet the representative of the vicious short-selling force that is currently attacking the Chinese stock market.”

“I am not the representative of the short-selling group, but it is said that financial companies located in the financial tower I own are conducting short-selling. I can convey CEO Jerry Wang’s words to them.”

It was Jerry King who intentionally used the word vicious short selling force.

This was to let Governor Li Kang know that it was I who was undermining China’s national interests.

But who doesn’t know that? Even though I knew him, he was growing close to me.

“Chairman Kim is right. How can we hold Chairman Kim responsible for what the financial companies in the building are doing? Isn’t that right?”

“Hmm, then, please tell me. Please stop attacking my company.”

“I will pass it on to you as is. But should I ask you to stop the attack without any negotiation? As you all know, financial companies on Wall Street are like hyenas. They bite even more viciously when you show weakness.”

It scared me a little.

It was made clear that threats and such would not work, and King Jerry’s expression darkened rapidly.

“Chairman Kim is right. Threats don’t work against Wall Street guys. I think it would be better to negotiate even if it hurts your feelings.”

“How should we conduct negotiations? In the end, wouldn’t negotiations only be possible if both sides have what they want? But what Wall Street guys want is nothing but money. We can’t give them money to stop short selling.”

It was King Jerry who lost a lot of energy.

I owe a lot to the fact that Lee Kang worked hard as a wind catcher next to me.

As expected, it was worth the expensive gift.

“CEO Jerry Wang can’t give the short sellers what they want, but I can give it to them.”

“Then, if we give in to what Chairman Kim wants, it means that we can stop the attacks of the short sellers.”

“That can be seen as true. However, in order to stop the short-sellers, I will have to endure a very large loss. I would appreciate it if you could clearly understand that.”

“I’ll keep that in mind.”

Jerry Wang was finally ready to negotiate.

And since I was in charge, I didn’t necessarily bring up the charter fee first.

He was prepared to wait long enough before he realized that the card he was holding was the charter fee.