Chapter 6 The conversation between the grandfather and grandson
When Zhang Junfeng let go of Li Fuzhen, Li Fuzhen's originally fair face was flushed. Seeing the beauty's charming appearance, Zhang Junfeng smiled wickedly and joked, "Is this your first kiss? It's very awkward!"
Hearing Zhang Junfeng flirting with her so boldly, Li Fuzhen rolled her eyes at him fiercely, "Aren't you afraid that I will call someone to deal with you later? I'm not someone you can take advantage of so easily!"
"What is there to be afraid of? You and I are boyfriend and girlfriend, and I'm dating you, right?" Zhang Junfeng taught this arrogant woman a lesson and regained the initiative. He remained calm in the face of Li Fuzhen's threat.
"Besides, you don't want our true relationship to be known to everyone and ruin your previous plan, right? Your good big brother is still looking forward to using you as a bargaining chip to form a marriage alliance with other chaebols!"
Hearing what Zhang Junfeng said, Li Fuzhen, who was originally a little angry, suddenly panicked. She didn't expect that Zhang Junfeng, who had always been a prodigal son in her eyes, would also have a chance to control him! Looking at Li Fuzhen's somewhat embarrassed and flustered expression, Zhang Junfeng smiled triumphantly. After letting this woman ride on his head for so long, it's time to collect some interest! As for the previous situation at the Five-Star Li family, Zhang Junfeng naturally saw some clues.
The head of the Five Star Group, who is also Li Fuzhen's father, Li Jianxi, did not explicitly reject their relationship, which showed his attitude, at least he did not oppose it, right? But once their relationship failed, Li Fuzhen would have no other choice but to marry into the family. After all, a chaebol family like theirs could not tolerate family members damaging the family's interests for the so-called "love" again and again! ...
Li Fuzhen looked at Zhang Junfeng with a complicated expression. This man had always been greedy for money in front of her. Until just now, she suddenly realized that this guy might not be as simple as she thought! "... I can pretend that what happened just now never happened! I don't want it to happen again!" Li Fuzhen adjusted her mentality and prepared to get off the car and go to the hotel room that had been booked long ago.
Zhang Junfeng didn't take Li Fuzhen's "threatening words" seriously. While this woman was plotting against him, he was also plotting against this shrewd woman. If he could get both the woman and the money, that would be the best!
…
The next morning, Zhang Junfeng asked the hotel to arrange a driver to take him to Myeongdong in Jung-gu, Seoul. It was a rare trip back home, so he had to go see the old man at home and try to get some funding!
Anyway, instead of letting the old man invest the family money in companies that are destined to suffer heavy losses in next year's financial crisis, it is better to give it to him and let him invest in the American stock market to make more profits! It's just that his plan is good, but the reality is not like this!
"Asibaba, you borrowed another 100 billion won from the general manager of Samsang Department Store last week?!" Zhang Junfeng almost went crazy when he heard the news!
Zhang Fushan couldn't help but frowned, "How can you talk to your elders like that?"
"...Isn't it? Old man, don't tell me that this half-dead Sanshang Department Store can still pay back all the money it borrowed from you! What's the difference between you and throwing 100 billion away!"
"100 billion Korean won is more than 100 million US dollars when converted into US dollars. With this much money, do you know how much I can earn in a year if I invest it in the American stock market?!" Zhang Junfeng said angrily. This old man is so generous to others, but so stingy to his own grandson!
Zhang Fushan looked at his grandson with a complicated expression and said in a low voice, "Song Zhaihuan from Sanshang Department Store was a good friend of your father's..."
Zhang Junfeng, who was originally a little annoyed, suddenly became stuck and silent. When mentioning his adoptive father, Zhang Junfeng didn't know what to say for a moment.
After a while, Zhang Junfeng adjusted his mentality and then asked, "How much cash is left in the family? Have all the mortgaged properties been sold?"
"There is probably less than 150 billion won left. Less than half of the mortgaged properties have been sold so far. There are not many buyers. It will take some time to sell all of them..."
Zhang Junfeng took a deep breath, calmed down, and then said, "Grandpa, there is something I hope you can listen to! If possible, you need to convert the cash on hand into US dollars as soon as possible!"
"In addition, do not provide loans to companies or individuals within the next year. If someone comes to you, tell them clearly that 90% of the funds of the Myeongdong Zhang family have been lent out and there is no extra money to lend!"
…
Hearing his grandson say this, Zhang Fushan immediately became a little uneasy, "Do you know what you said means? Providing loans and collecting interest is our Zhang family's main business. If we stop the business for a year as you said, do you know how much money we will lose?"
Facing the somewhat angry Zhang Fushan, Zhang Junfeng remained calm, "Then do you know what will happen next?!"
"Grandpa, have you noticed that, in addition to our Goryeo, countries and regions such as Singapore, Formosa, Hong Kong, and even Malaysia, India, Thailand, and the Philippines have been able to flourish in recent years mainly because of the labor-intensive industries transferred from developed countries, such as the textile industry, electrical appliance assembly, plastic processing, food processing, etc., using exports to drive economic development!"
"Take our country of Goryeo as an example. In order to seize the market and seize the initiative, all those companies have borrowed money from everywhere, blindly expanded their scale and increased their production capacity to compete for overseas markets, but they don't realize that their debts are already several times the market value of their companies!"
There is no mistake in the poem, post, content, and read the book on 6, 9, and bar!
"Once European and American countries adjust their strategies and take action against Asian countries, do you think the government, which has borrowed all its money from companies, can withstand the financial shock from overseas?!"
Zhang Fushan, who was not very concerned at first, heard his grandson talking about the domestic and foreign situations. This old man in his 50s couldn't help but break out in a cold sweat! He knew that what his grandson said was true, especially several domestic banks such as Woori Holdings, KB Bank, Hana Financial Holdings... These big banks all have the problem of capital shortage without exception, because there are too many companies coming to borrow money! It is precisely because it is too difficult to get loans from banks that their private lending business in Myeongdong has been very popular in the past two years. Zhang Fushan and the old woman of the Bai family have also become famous "loan sharks"! (End of this chapter)