By the evening, Zhang Junfeng and others arrived at Seoul Airport safely.

Wu Xiuying contacted the company's full-time driver almost as soon as she got off the plane. After waiting for nearly a quarter of an hour, two business cars arrived at the airport.

Zhang Junfeng asked one of the bodyguards and the translator to accompany Ayumi Hamasaki to the hotel to check in. After the check-in was completed, they dispersed on the spot, while he and Wu Xiuying went back to their residence to rest first.

Although Ayumi Hamasaki was dissatisfied with Zhang Junfeng's arrangement, she could not say much. She knew that she had no big shots to rely on to support her in Korea, so "the guest follows the host's wishes" was the best option at the moment.

After all, if she had a conflict with Zhang Junfeng over such a trivial matter, her plan would have to be abandoned early.

…

When she returned to the villa, she was not surprised to see Zhang Junfeng's return. Instead, she smiled and asked him if he needed dinner. She could ask the servants to prepare it.

Zhang Junfeng nodded to indicate that he would just have some noodles to fill his stomach. He was just a little tired and his appetite was average, so there was no need to go to the trouble of spending a lot of time and effort to prepare carefully.

…

After a while, Zhang Junfeng ate the steaming hot noodle soup while listening to Li Fuzhen talking about what had happened in Goryeo in the past few days.

For example, the Five Star Group is currently complying with the Blue House's requirements for industrial restructuring and has adjusted many of its industries. In particular, the highly anticipated Five Star Semiconductor, Five Star Electronics and other companies have become one of the most important companies in the Five Star Group after the adjustments.

However, their Galaxy Group, backed by Comet Capital, has abundant funds and a wide range of industries. Although it has formulated an industrial restructuring plan, it has not been implemented.

After all, many of their companies are already very profitable, and the situation is different from that of other companies.

For example, the companies such as Amore Cosmetics, Hanjin Shipping, and Yuetian Seven Star Beverages that Zhang Junfeng had taken from other large companies did not see a decline in revenue. Instead, they thrived with the support of a large amount of funds. If the effect after the reorganization was not as expected, they would be asking for trouble and wasting their time! Zhang Junfeng also held the same view. Since the companies under the group were in good operating condition and there was no problem, no adjustment would be made. As for the Blue House, the government orders could not interfere with the internal decision-making of the Galaxy Group.

…

"By the way, Hyundai Kia Automotive Group and Hyundai Group are fighting fiercely, and Hyundai Kia Automotive Group currently has a certain upper hand. I think if the current trend continues, it won't be long before the winner is decided. Hyundai Group will probably lose the operating rights of many of its subsidiaries, right?"

Seeing Li Fuzhen looking at him curiously, expecting the next answer, Zhang Junfeng smiled and teased, "Why are you looking at me all of a sudden? I'm not a prophet who can accurately predict the future."

Hearing what Zhang Junfeng said, Li Fuzhen rolled his eyes at him. What this guy said is too fake! Everyone knows that Comet Capital is the big money behind Hyundai Kia Automotive Group! Without the strong support of Comet Capital, how could Zheng Mengjiu have such courage to start a battle for the management rights of more than ten companies at the same time? Zhang Junfeng naturally knew Li Fuzhen's reaction. Since he dared to provide so much financial support to Zheng Mengjiu, he must have a certain degree of confidence. Otherwise, the money was spent, and the management rights of those companies were not obtained, then they, Comet Capital, would be bleeding!

…

Zhang Junfeng did not rush to rest in the evening. Instead, he adjusted himself and went to the video conference room on the first floor, intending to hold a three-party video conference with Mato Walls and Nacho Morgan from the United States.

After half an hour of adjustment, the familiar figures of Mato Walls and Nacho Morgan appeared in the video.

"Zhang, you took the initiative to contact us this time. Could it be that you have some good project worth investing in?" It was Matto Walls who spoke first. The situation of their Goldman Sachs Group during this period could be described as "seriously damaged."

As the Internet crisis continued to ferment and spread, Goldman Sachs Group's previous investment in Internet technology companies has now lost a large part of its funds. Fortunately, President Henry Paulson decisively sold all the trapped stocks and cashed out, which prevented the investment losses from further increasing.

He took the opportunity to win over many middle and senior executives within the group. All he had to do next was wait for Henry Paulson to deal with the mess, and then he could ascend to the throne of the new president of Goldman Sachs Group as the "popular choice".

…

"It's not a very good project, but now Internet technology companies have entered a period of overall recession. Without a few years of adjustment, it will be difficult to recover. It's time to adjust the industry we invest in."

Hearing what Zhang Junfeng said, Nacho Morgan, who had more experience, nodded in agreement. In his opinion, these Internet technology companies that have exploded all have extremely high price-to-earnings ratios, which also means that the risks and uncertainties they cover will also increase exponentially.

If you can choose other more stable investment projects as a transition, it will naturally be a good choice.

…

When Zhang Junfeng proposed his idea, Mato Wals was a little surprised and quickly asked Zhang Junfeng again, "...So, you want us to help persuade the top executives of Walt Disney Company to accept financing or sell some of the company's shares?"

"That's the plan. Before, I asked my subordinates to go to Blizzard Entertainment to try to persuade them to take more shares of the company, but they ruthlessly rejected us. So if we want to ensure that we can successfully get the expected shares, we still need to borrow the 'golden signboard' of Goldman Sachs or JPMorgan Chase!" Zhang Junfeng said with a smile. The names of Wall Street financial giants are still very intimidating these days.

"...I can arrange for my subordinates to go over and negotiate with the other party. But we at JPMorgan Chase also need to hold a portion of Walt Disney shares." After a little thought, Nacho Morgan quickly stated his request.

In his opinion, since Zhang Junfeng was very optimistic about the Walt Disney Company and asked to hold a large number of shares in their company, it would be right for him to invest in it. Let the captain of Zhang Junfeng's ship point out the direction and lead the charge, and allies like them can eat meat and drink soup together! Zhong Junfeng nodded readily, "Of course there is no problem as long as you can get enough shares! I only need 10-15% of the shares, and the rest can be given to you."

"Walls, how about your side? Do you want to invest with us?" Nacho Morgan asked with a smile to Mato Walls in the camera. Since Zhang Junfeng proposed a new investment project, the members of their team would naturally have a share!

"Well, I need to ask Henry Paulson for his opinion. After all, he is still the president of Goldman Sachs. And the group has been a little short of funds recently..." Mato Walls was tempted, but when he thought of the current situation of Goldman Sachs, he could only smile awkwardly and did not agree directly.

Seeing this, Zhang Junfeng and Nacho Morgan were tactful enough not to delve into the matter further.

…

At the end of the video conference, Matto Walls remembered that they had not yet sold the short-selling Nasdaq contract at the futures exchange, and could not resist asking Zhang Junfeng about the time of the sale out of curiosity.

After all, only more than two months have passed, and the Nasdaq index has fallen by nearly 40%. According to the previous 5 times leverage, they have already made a net profit of 200%. If there is still room for further decline, they must continue to hold!

…

Zhang Junfeng did not answer directly but laughed and teased, "Before, you were still worried, afraid that I would let you choose to short the Nasdaq index in the futures market, which would cause you to suffer heavy losses, and you wanted to not invest a dime. The speed of your change of face is not ordinary~!"

"Hahaha! We are also 'keeping up with the times'! I believe that in March, no one would have thought that it would be the 'last glory' of Internet technology companies. The Nasdaq index took a sharp turn downward after reaching its historical peak of 5048 points. It is unknown when it will stop falling..."

"…Also, if I had been bolder at the time and invested more money in short selling, that would have been even better, right?"

Zhang Junfeng followed the other person's words and teased him. Many people would do this after the fact. However, most people can only secretly regret the missed opportunity and regret that they did not make the right decision decisively.

"Hahaha! Yes, that's true! Although the money we invested is not much, at least we didn't miss the opportunity!" The speaker was Nacho Morgan. Being relatively cautious in character, he naturally would not have thought that the Nasdaq index, which had been rising for so many years, would one day continue to plummet and almost be cut in half.

Of course, the risk involved was just as they had worried about at the beginning. The short-selling funds were split into dozens of parts so as not to attract other people's attention. Otherwise, relevant departments such as the FBI would have come to their door and even taken people for questioning.

…

After the joke, Zhang Junfeng also told the two people happily that the futures contract for shorting the Nasdaq index can be redeemed at the end of this year. According to his prediction, the Nasdaq index is likely to fall by 50-60%. In other words, there is still a lot of room for decline, and they don't need to rush to cash out.

Hearing what Zhang Junfeng said, Nacho Morgan and Mato Voss nodded in satisfaction. Especially for Nacho Morgan, the profit from shorting the Nasdaq index is naturally not as good as the previous investment in Qualcomm's stock.

But even so, he also gained a lot. While Nacho Morgan's reputation was improved, the senior executives and board members of OK JPMorgan Chase no longer had any objections to his decisions as president, and his voice within the group became stronger.

…

In the following period of time, Zhang Junfeng focused on handling the Comet Group's business, while also paying attention to the outcome of the struggle between Hyundai Kia Automotive Group and Hyundai Group.

There is no mistake in the poem, post, content, and read the book on 6, 9, and bar!

The first thing that was affected was that NetEase in the Chinese capital sent a fax to them, seeking help. Ding Lei, the general manager of NetEase, said that he was confused and didn't know where NetEase should go in the future. He was very happy to get the "guidance" of Zhang Junfeng, a big boss.

Ding Lei, who had held on for more than half a month, could no longer hold on. The cold wave in the Internet had lasted for too long. He saw no hope of recovery and had no confidence to hold on any longer.

Zhang Junfeng would not sit idly by and watch NetEase go bankrupt. He asked Wu Xiuying to transfer 15 million US dollars to NetEase's corporate account for emergency use, and contacted Ding Lei directly by phone, saying that he would provide a large amount of low-interest loans to help NetEase tide over the difficulties, and encouraged the other party not to give up easily.

In addition to cutting or suspending unprofitable projects, we can try to consider computer game development. Penguin's increasing revenue and net profit year by year have fully demonstrated that the Internet plus computer games plus social networking is a feasible track.

However, the games represented by Penguin were all developed by Nexon, which were more inclined to Western and Korean elements, lacking the characteristics that could reflect and attract Chinese players. Zhang Junfeng suggested that the other party could find inspiration from traditional Chinese culture, such as "Romance of the Three Kingdoms" and "Journey to the West".

…

After hearing Zhang Junfeng's heartwarming words and suggestions, Ding Lei changed his previous decadence and confusion, and quickly called together his subordinates to announce the good news of receiving large financial assistance from Comet Capital. At the same time, he adjusted the company's subsequent development route, established a game development team, and tried computer game development.

This series of news made the subordinates, who were originally a little uneasy, feel relieved. When they heard that a game development team was going to be established, they became more eager to try.

After all, as several Internet companies invested by Comet Capital, they naturally heard about the situation of Penguin. The other party relied on the combination of "chain Internet cafes + computer games + Little Penguin instant messaging software" to thrive in the domestic game field, and there was almost no opponent that could compete with it! In particular, the existence of chain Internet cafes provided Penguin with a fixed product promotion venue and a large number of software registered users. After all, the price of computers is still relatively high nowadays, and many people can only get access to computers and computer games in chain Internet cafes.

Seeing that his subordinates, who were previously worried, were now eager to try, Ding Lei selected several active programmers to become temporary members of the game development team and asked them to determine the subsequent game projects as soon as possible.

…

After more than half a month of fighting for management rights, Hyundai Kia Automotive Group, which has a stronger financial chain, successfully won the management rights of six subsidiaries including Hyundai Engineering & Construction, Hyundai Precision Industries and Incheon Steel.

As for other subsidiaries that were not as important, they were not taken away by Hyundai Kia Automotive Group due to the full obstruction of Hyundai Group Chairman Chung Mong-sun.

Seeing that his goal had been achieved, Chung Mong-koo was delighted and quickly invited Zhang Junfeng to discuss the next plan. After all, being able to rebuild a new Hyundai Group in his lifetime was almost becoming his obsession.

Zhang Junfeng came to Hyundai Kia Automotive Group and congratulated Chung Mong-koo on his victory. He also discussed with the other party the details of establishing a new Hyundai Group.

The establishment of a new Hyundai Group is easy in other places, but the Blue House must be notified in advance. After all, the original Hyundai Group fell apart to this point largely because of the interference of the Blue House.

If the Mt. Kumgang tourism project had not consumed all of Hyundai Group's cash flow, how could the former largest enterprise in Goryeo have reached this point? Although Chung Ju-yung and Chung Mong-sun took on that project in large part because they seriously overestimated its profitability, the Blue House... even Mr. Daejong did not want to see the extremely powerful Hyundai Group continue to exist.

After hearing Zhang Junfeng's opinion, Zheng Mengjiu, who was originally complacent, broke out in a cold sweat.

After all, Mr. Da Zhong was very friendly and helped many large companies to overcome difficulties after the financial crisis. This also made many people subconsciously think that Mr. Da Zhong had no ill will towards these large companies and chaebols in China. Now it seems that this is not the case at all!

…

"What should we do after we inform the Blue House? If they don't support us in establishing a new Hyundai Group, will we just give up?" Chung Mong-koo was a little worried. If what Zhang Junfeng said was true, then the proposal to establish a new Hyundai Group would be difficult to push forward.

"The situation has changed. The Hyundai Group has already split up. It poses no threat to the Blue House, and Mr. Da Zhong will probably not do anything again. On the contrary, the Five Star Group, which has been promoted to the first place in Gaoli, will become a thorn in the Blue House's side and a potential threat, but that should be a few years later."

"I think Mr. Da Zhong will not act rashly after seeing the strong rise of the Five Star Group to replace the Hyundai Group. After experiencing the financial crisis, these high-ranking politicians naturally clearly understand the key point~!

"After so many years of development, Goryeo's economy and prosperity largely rely on these domestic enterprises! If these large enterprises collapse, the economic situation of Goryeo as a whole will not be much better. Of course, if these large enterprises can develop and return to the level before the financial crisis, then Goryeo's economic situation will be able to fully recover!"

Hearing what Zhang Junfeng said, Zheng Mengjiu nodded in agreement. However, Zheng Mengjiu thought of the Hyundai Construction Company that he had spent a lot of money and energy to acquire before, and couldn't help but ask the other party about the purpose of acquiring Hyundai Construction.

After all, this company is mainly committed to providing excellent services in many fields such as infrastructure, construction, housing and industrial facilities, which does not seem to have much to do with the current Hyundai Kia Automotive Group's industrial group centered on automobile production and sales.

Seeing that Chung Mong-koo asked about Hyundai Construction, Zhang Junfeng did not hide anything anymore, but selectively told what he knew, "...I think Chairman Mong-koo should have done some research. I think he still has some impression of Lee Myung-bak, the previous president of Hyundai Construction? He worked at Hyundai Construction for 27 years, and while he was the company's president, he still resigned to become a member of parliament..."

"If I'm not mistaken, Lee Myung-bak should be the backup and guarantee that Chung Ju-yung arranged for Hyundai Group. It's just that the development and changes in the past two years have been too fast, and Lee Myung-bak has not played his role and true value."

Hearing what Zhang Junfeng said, Zheng Mengjiu did not show too much shock. This was similar to what he had guessed before, except that he had a deeper resentment towards his father, Zheng Zhouyong! The position of chairman of the group was given to the fifth son, Zheng Mengxian, and this key back-up plan was also not revealed to him. Obviously, he is the oldest and most capable son of the Zheng family! (End of this chapter)