The Genius Grandson Of The Cash King Becomes A Tycoon [EN]: Chapter 108

#108

“I didn’t expect you to come.”

Park Hyun-chul replied, his eyes hollow.

His face showed a mix of complex emotions as he looked at Da-hye.

There was love for his child and anger for betraying the family.

Only one emotion was clearly visible in his eyes as he looked at Jung-hoon.

‘Murderous intent.’

Jung-hoon sensed the sharp murderous intent in his eyes, but he didn’t show it.

He had expected it to some extent.

“I came because I thought I should say hello.”

Jung-hoon spoke on behalf of the father and daughter, who were silent.

“Greetings… Are you talking about passing the bar exam this time?”

“Yes…”

Jung-hoon hesitated.

‘What should I say? Father? Prosecutor? Damn, this is suffocating.’

‘Father’ is not right.

But could he call him Mr. Park Hyun-chul in this situation? It was an awkward situation where he was stuck between two hostile people, unable to do anything.

Park Hyun-chul moved his lips and attacked first.

“Park Da-hye passed the bar exam with top honors this time. Congratulations, Da-hye.”

It was an attack implying that she was no longer his daughter.

Da-hye’s eyes flashed with fire at those words.

Park Hyun-chul’s attack made Da-hye decide on her position.

“Thank you. I don’t know what to do with myself, being praised by the Deputy Chief Prosecutor of the Supreme Prosecutors’ Office.”

“Yes, what are you going to do in the future? Judge, prosecutor? Ah… you could also live quietly as the daughter of a conglomerate.”

“Don’t even mention it. You may or may not know, but there are bugs eating away at this country, and I’m going to throw those bastards in jail. To do that, I have to become a prosecutor.”

She retorted in a sharp voice.

“Hahaha, really? I wonder if you know that the blood of those bugs flows in you. You’ve been living off those bugs, eating and sleeping, and coming all the way here, but your mouth is still alive. Da-hye, you’ll be a very good prosecutor. A prosecutor has to have a face as thick as yours!”

Jung-hoon didn’t know what to do.

Their harsh words were unmatched.

“That’s why I’m going to catch them even harder. With a sense of atonement. Thank you, Deputy Chief Prosecutor, for meeting this rookie and giving me words of wisdom.”

“It’s nothing.”

“Let’s go, Jung-hoon. This is enough of a greeting.”

“Oh, okay.”

“Ah, Park Da-hye, since you’re here, you should also say hello to Park Su-gil.”

Park Hyun-chul regretted it for a moment.

He shouldn’t have said that.

He shouldn’t have sent Da-hye to him, who was wearing a kind mask.

If she saw the real face beneath his mask, she would surely be shocked.

“Ahem, if you’re busy, you don’t have to.”

Park Hyun-chul said hesitantly.

Jung-hoon clearly saw a brief moment of regret flash across Park Hyun-chul’s face.

‘Why did he look regretful?’

Jung-hoon was puzzled.

Justice Park Su-gil of the Supreme Court. He looked regretful right after telling her to greet Da-hye’s grandfather.

“Of course. He’s a much kinder and more caring person than the Deputy Chief Prosecutor, isn’t he?”

Da-hye said.

“Yes. Go and say hello.”

When the fierce battle came to an end, Jung-hoon spoke.

“Then, we’ll be leaving now.”

Park Hyun-chul looked at Jung-hoon.

“Should I say thank you?”

“No. I came because I thought I should say hello.”

“Okay, I don’t want to see your face anymore. Isn’t this a fight that will only end when one of us dies? There’s no need to get attached by seeing each other. It’s better not to see each other, hehehe.”

Da-hye’s eyes trembled at those words.

“Ah… Dad, why…”

Tears filled her eyes.

“Get out!”

The two people came out of Park Hyun-chul’s room.

In the hallway, Da-hye stared at the closed door for a long time.

“Thank you, Jung-hoon!”

“Huh?”

“I feel relieved. Pouring it all out to my dad like that… it’s refreshing and sad.”

“I’m glad. It’s a good thing if you’ve poured something out.”

“Yeah.”

Jung-hoon took her hand.

It was no longer sweaty.

***

During lunchtime, Jung-hoon met Gu Hyun-ji at a Japanese restaurant near the AR Group.

Fresh, red salmon sushi was served.

As he bit into it, the cold North Sea of Norway unfolded before his eyes.

“How can you eat that?”

Gu Hyun-ji pointed out in a sharp voice.

“I still have to eat. We’re doing this to live. Please eat, Hyun-ji.”

Jung-hoon said calmly and then put the second piece of salmon sushi in his mouth.

‘Well, I guess it’s hard to eat.’

If they couldn’t cover the 200 billion won bill today, AR, the holding company of AR Group, would face its first default.

And if the payment wasn’t made by 4:30 PM tomorrow, the bank’s closing time, it would be a final default.

It would go into court receivership [a form of bankruptcy where a court appoints a trustee to manage the company’s assets].

“The short selling [betting that a stock’s price will decline] that came in this morning is 1.2 trillion won. All through Star Securities and foreign securities firms.”

“Did they take the bait?”

“Yes. It looks like we’ll fill 2 trillion won by today.”

“Really?”

She was full of worries about the group, but she also showed a little interest in Jung-hoon’s work.

“Yes. I think it will reach at least 2.5 trillion won by tomorrow.”

“Ha, you’re talking about someone else’s business so calmly.”

“That’s not true. I have more than 1 trillion won invested in this too.”

Gu Hyun-ji had no choice but to acknowledge the amount.

In the current situation, no one was investing 1 trillion won for them.

Only this man.

In other words, he held their lifeline.

Jung-hoon looked at Gu Hyun-ji.

“The salmon is fresh. Eat a lot. I have something to do.”

He put the red salmon sushi in his mouth and chewed.

The savory texture of the red fish spread in his mouth.

“When you go back to the group after your meal, reporters will be waiting for you.”

“I guess so. Will it just be reporters? Angry shareholders will be gathered too.”

“Tell them you can’t pay it back today.”

Gu Hyun-ji’s face hardened rapidly.

“Jung-hoon, do you have to go this far?”

“I have no choice. Those bastards have to take more bait. That’s the only way to deal a fatal blow.”

“Even so…”

Gu Hyun-ji was ashamed.

She was always confident, but today she was in a position where she had to bow her head and apologize.

She hated the man who was pushing her to her death.

‘Ha, you bastard. Just you wait, I’ll get my revenge.’

Gu Hyun-ji didn’t remember if she ate salmon sushi or chewed on a red stone.

After finishing her meal, she returned to the company.

As expected, many people were gathered at the company entrance.

A reporter shouted.

“It’s Gu Hyun-ji!”

“Ms. Gu, will the bill be paid today?”

Tears welled up in Gu Hyun-ji’s eyes.

As promised with Jung-hoon, she shed tears and offered words of apology.

“The exact amount to be paid today is 200.2 billion won. Due to the group’s liquidity problems… sob….”

The cameras flashed at her as she covered her face with both hands.

“Is it possible tomorrow?”

“I’m really sorry that I can only say I’m sorry.”

Even she thought it was a stupid thing to say.

She burst into tears and went inside.

She went into the elevator, and as soon as the door closed, she checked her face.

The black mascara was completely smudged.

She looked like a panda.

Her face would be spread all over the country.

Gu Hyun-ji’s body trembled as she clenched her fist.

‘Yoon Jung-hoon, you son of a bitch.’

Soon after, articles poured out on the internet.

It was predicting the first default of AR Group.

And as Jung-hoon predicted, all of AR Group’s stocks hit the lower limit.

***

The server of Paxnet, the largest internet community related to stocks, was on the verge of exploding the next day.

From before the stock market opened, people were predicting the lower limit of AR Group and pouring out curses.

Jung-hoon was also uncomfortable watching the bulletin board, but he couldn’t help it.

Fortunately, those bastards took the bait more than he thought.

As soon as 9 o’clock came, the short selling balance, which had been 2 trillion won, quickly exceeded 3 trillion won.

There were no more significant changes.

‘That’s it. That money is probably the last of the Cheonjihoe’s funds.’

Jung-hoon had to buy the stocks piled up at the lower limit.

He called Kwon Young-soo, the president of Shinhwa Securities.

“President Kwon, are you buying?”

“Yes, we are continuing to buy to the extent that the lower limit is not lifted.”

“Good. Buy it without making it obvious.”

“Yes.”

He also contacted Im Chul-soo in the United States and asked him to buy.

“Yeah, I’m buying carefully as you said. But shouldn’t we take over that company? It’s very attractive.”

Im Chul-soo showed the instincts of a professional investor.

“If you eat everything, you’ll get indigestion. So, I’m going to be friends with AR Group.”

“Really? You’ve become quite romantic. You used to be desperate to eat anything.”

“That’s because there’s a lot more to eat in the future.”

“Okay. Anyway, I’ll keep buying without making it obvious.”

“Uncle. It’s going to pour out at 2:30. Buy all of that unconditionally. It’s okay to lift the lower limit then.”

“Okay, I understand. But what’s the scheme? Let me know too.”

“You’ll find out soon. Have fun watching.”

“I’m a little disappointed, really. Ah, you should come to the United States once. Musk, who used to be at PayPal, acquired a car company and asked for an investment. The amount is large, so I think it would be good to have a conversation. Take this opportunity to rest and sightsee. How about it?”

“Okay. I’ll make time.”

“Okay, take care.”

Jung-hoon was excited by the fact that Musk had acquired Tesla after hanging up the phone.

Tesla, a jackpot stock like Apple, was proposing an investment to him.

Jung-hoon felt that the day his dream would come true was not far off.

Musk’s Tesla, Apple, which became a subsidiary of Shinhwa.

And AR Group’s electronics business, a strategic investor.

Now, with just one more thing, he could accelerate the mobility business that Jung-hoon dreamed of.

The moment to put the finishing touches was not far off.

Gu Hyun-ji repeatedly checked the time.

She was anxious because there was no announcement from Shinhwa Group and Mirae Financial Group even at 2:30.

She called, but she couldn’t get through.

Gu Hyun-ji went up to the chairman’s office and met her grandfather.

He was smoking, looking anxious.

“Still no contact?”

“No… Can we trust Ms. Hyun Jung-ok? Chairman Yoon Jung-hoon too…”

“Hmm, who can we trust if we don’t trust those people now? Let’s wait and see. He’s an child full of pure energy. He’s not like the Cheonjihoe bastards who betray as easily as eating.”

The anxious time passed helplessly.

She could only wait for him, who couldn’t be reached.

“Grandfather, the market closed with all stocks at the lower limit [the maximum amount a stock’s price can decrease in a single day]. What should we do?”

Tears filled Gu Hyun-ji’s eyes.

‘What happened? He clearly said he would be a white knight… Was I deceived?’

Gu Hyun-ji felt dizzy.

She didn’t think he was that kind of person…

He seemed a little cold, but she thought he was a pure person.

‘I was deceived.’

She wasn’t angry anymore.

She was just sinking endlessly.

Gu Hyun-ji wandered around the chairman’s office and looked at the window.

The reporters gathered in front of the group were still looking for news like hyenas.

The reporters, who had been scattered here and there talking in groups of three or five, began to rush to one place.

Gu Hyun-ji could clearly see that they were running towards someone.

‘Yoon Jung-hoon.’

He appeared in front of the AR Group headquarters.

***

Jung-hoon looked at his watch.

3:01 PM.

The stock market closed.

‘How do they feel?’

Short selling poured out at 2:40 through the Star Securities account.

It was the last of the Cheonjihoe’s funds.

The stock market closed a little while ago.

The market capitalization of AR Group, which had recorded lower limits for two consecutive days, had disappeared by tens of trillions of won.

Now, if it goes bankrupt, trading is suspended, and it is delisted [removed from the stock exchange], AR Group’s stock will really become 50 won or 100 won.

The Cheonjihoe bastards, who had signed a large amount of short selling through Star Securities, would surely be celebrating with joy.

He could hear the screams of individual investors, but he couldn’t help it.

‘I’m sorry, ants [small individual investors]. It would have been nice if you had it for a long time.’

The proverbs of the masters that blue-chip stocks [stable and reliable stocks] should be held for the long term would at least comfort them.

Jung-hoon could see the AR Group headquarters in front of him.

Reporters were gathered in front of the group entrance.

Jung-hoon instructed Hwang-seok to distribute press releases to each media company and internet portal site.

And he called Chairman Gu Chang-hoon.

“Chairman, it’s me.”

“Ha, you.”

His voice had become sharp.

He took another breath and opened his mouth.

“Why are you so late? This old man’s heart is weak…”

“I’ll start now. The chairman has suffered a lot until now, but those bastards will have some money troubles now.”

“Ha, thank you.”

“Ah, and did you buy some stock?”

“……. A little.”

Gu Chang-hoon hesitated and answered briefly.

The old fox. Rather than thinking about paying off his debts, he spent money on increasing his stake.

He was a conglomerate after all.

“You did a good job. I’ll go up later.”

The reporters’ eyes widened when they received the text message.

And someone shouted.

“It’s Yoon Jung-hoon, the grandson of Hyun Jung-ok and chairman of Shinhwa Group.”

Everyone took their cameras and ran to him, pouring out questions.

“Is the press release true? Will Mirae Financial Group and Shinhwa Group execute the loan?”

“Yes, it’s true.”

“The debt and bills to be paid are not small now. How much is the support amount?”

“The amount of support for AR Group is…”

Jung-hoon swallowed.

He could only hear the sound of flashes going off.

“Unlimited.”

The reporters’ eyes widened.

Everyone looked at his mouth.

The Genius Grandson of the Cash King Becomes a Conglomerate.