《12 Hours After》Chapter 162: Fake News, Part III
Advertisement
People seemed to love stories of a person's ruin. I was able to realize that all over again this time.
[Invictus Investment's failure to invest in China has resulted in a huge loss.]
The news, which came out a few days ago, reached the top of the news list in days. As the number of views increased, a follow-up article appeared.
[Invictus Investment, which had been on a roll, is facing a crisis.]
[A big mistake for the arrogant genius? CEO Han Sang-hoon's investment in China has lost a lot of money.]
Nothing had changed. These were novels that said our company had invested in Chinese companies and had lost a lot of money because they had gone bankrupt. It wasn't a very unlikely piece of writing. There were so many investment companies that had lost money in investing in China, so they made our company one of them. In fact, it was more unrealistic to predict the Great Chinese Depression in advance and hold a selling position half a year ago.
When I had started this project in the first place, even my closest aides had tried to stop me.
"It's dangerous, Mr. President."
"It's too low a chance to bet our company's future on, Mr. President."
"Please think again."
Now that it had happened, if someone had gone back a year ago and bet five billion dollars on the Great Chinese Depression, everybody would have pointed fingers at him because he was crazy. Even though it actually happened.
In any case, the rumor of Han Sang-hoon's ruin continued and continued even after the new year was bright in January 2022. There were a series of follow-up articles, followed by rumors. But I didn't respond very much, as all the people I cared about knew the truth. More than that, I decided to concentrate on exploring the companies that were going bankrupt.
Obviously, there would be good business in Korea, which had temporarily been credit-tight. I calmly looked for the opportunities quietly, reading the current, future news. However, even if I read the news a year from now, there was not much hopeful news. Due to the government's hurried response, the urgent fire was put out for now, but the economy and asset prices still showed no signs of rebounding. The whole world had fallen into a swamp of long-term depression.
'Well... maybe I shouldn't rush to buy assets...'
As a result, neither I nor the company had much to do.
'An investment company is lives on the buying and selling, whether it is a recession or a boom.'
However, the economy was now completely dead and crawling on the floor. There was nothing to sell, nothing to buy. I decided to wait for a little more time after holding my breath.
------------------------------
I looked at the screen with my arms crossed.
"Daughter, go on ahead; we will talk to each other like men."
On the screen, Michael Keaton, who played Vulture, was performing so hard. Today's film was a blockbuster hero movie that had been out for quite some time, and I'd seen it over and over again. Not to see Spider-Man, but to see the villain, Michael Keaton. He was also one of my favorite actors from "Birdman," which I had recommended to Ah-young before. Tom Holland, who played Spider-Man in the film, was said to have been genuinely terrified by Michael Keaton's eyes, and didn't have to act that out.
Advertisement
'It's so fantastic.' As I was admiring it, a text message came in. I glanced down.
It was from Secretary Park. - Boss, we have a visitor. It is Director Bang Young-woo of KJ Products.-
I saw the text and thought for a moment, 'KJ Products? Why from there?' I got up right away. It had nothing to do with me, but had to do with Jang Han-sul, who would be the next chairman of KJ Group.
I had a gut feeling. 'She sent out another high-ranking official as a mailman.' He came to our company as a postman for Garden Royale.
"Huh." I closed my mouth and looked down at it. I was going to watch a movie quietly because I wanted to stay home from work. However, I could not help but go down, because an executive was here. The Garden Royale's invitation was like registered mail, I didn't let anyone else take it.
"It's a funny part..." I paused the movie and replied to my cell phone. - I'll be there in a minute.-
I got up and headed to the closet. It took about forty seconds to get out of the private theater and walk across the living room to the closet. In the meantime, I was worried about what to put on. Anyways, I just had to go down and accept the invitation.
'Do I have to wear a suit?' After a moment of thought, I got on the elevator, dressed in jeans and a shirt. But when I looked in the mirror in front of the elevator that was going down, my hair was a little disheveled and my beard was unshaven. It was because I hadn't thought of going to work this morning.
'.. It's a little disrespectful, but... I don't care anymore, as I'm also the richest person in Korea. Do I need to look at anyone's notice?' I came down to the floor with the president's office, thinking about it.
A middle-aged man was waiting for me in front of the president's office.
I reached out to him and said, "I'm sorry to have kept you waiting. I am Han Sang-hoon from Invictus Investment."
"This is Director Bang Young-woo of KJ Products. Nice to meet you, CEO Han."
I came into the office with him. Knowing everything in my heart, I spoke to him, "By the way, what brings you here?"
Sure enough, he took out an envelope from his arms that said 'R' and handed it to me. "Nothing, but our Chairman Jang Han-sul asked me to deliver this…"
I said, accepting that, "Yes, please tell her I received it."
His business was over. I was going to finish the meeting right there. I had to go back up and finish watching the movie I had started.
But he took out one more word, "Yes, and... she asked me to ask if you're okay these days."
At this time, I answered in a blunt manner. "Yes. Well. I'm good."
I thought it was just a simple hello, and I told him, "Please say hello to her and wish her a happy New Year."
"Ah... yes, CEO Han. I will do it." But strangely, he looked at my face as he said it, and smiled.
I realized just now that the regard he had just made was not a simple greeting. After he left, I just replayed the situation, holding the invitation from Garden Royale. 'If you're okay these days…'
Advertisement
Jang Han-sul, who sent the invitation, also seemed to be paying attention after hearing rumors that Han Sang-hoon had gone bankrupt. So when she sent that fat executive, she asked him to ask me how I was doing and watch if the rumors were true or not. Meanwhile, I came down in jeans, with my hair disheveled and beard unshaven. Perhaps, it would cause a misunderstanding on her side, as well.
'It's strange that I'm constantly getting misunderstood...'
Or maybe it was all because people wanted me to go bankrupt. 'People often see what they want to see, and believe what they want to believe.'
The rumor 'Han Sang-hoon is ruined' met the expectation of 'I wish it would be real,' and it caused such misunderstandings.
'No, if I think about it... it is polite to not say anything if she is really worried about me. At some point, there are people who enjoy other's mishaps when they are in trouble, and pretend to comfort them on the outside. If it's Jang Han-sul, I'm sure she is that type of human being.'
After watching me for more than a year, Jang Han-sul was a jealous person. Even though she was from one of the richest families, she didn't like seeing others doing well. I looked at the invitation from Garden Royale.
'Shall I not go there now?'
For a year or so, I had attended the showy social gathering of the top class, but now it was getting boring. I was going to tear it apart, but instead, I stopped and gently opened the envelope.
Now it was a gathering of people whose assets were lower than mine, but they still had some decent information on Korea. They would have been similar to me in the way they coped with this credit crisis. They would try to buy a cheap but good company.
------------------------------
Garden Royale's New Year's party...
'The economy runs in recessions and booms. During boom times, jobs are added, incomes rise, and asset values, such as real estate and stocks, rise. The working class is well off and the rich are better off. IN contrast, in times of recession, massive layoffs occur, income decreases, real estate is auctioned off, and stocks fall. The common people find living hard, but the rich are still well off.'
That was what I thought here. Unlike ordinary people in the outside world, there was no shadow of recession on their faces. In a way, it was natural. At first glance, the rich seemed to only make money during the economic boom, but it was not true. In times of recession, all assets came cheap in the market.
'During a recession, businesses go bankrupt, real estate and stocks are very cheap, and the working class can't buy or do anything, since they don't really have any money. It is the rich who buy assets cheaply at that time: people with cash, or people who have the credit to borrow cash. They may not make crazy profits from selling position bets like me, but they also make money slowly. If they stand still, someone dies and disappears. All they have to do is pick things up cheaply with the cash they have. Then, prices naturally go up during the boom at a price so high that ordinary people will not dare to look up.'
"How has KJ been these days?" Jung Sung-soo, vice chairman of Mirae Motors, asked.
"Well, it's hell. Our business in China is so hard," Jang Han-sul, chairman of KJ Shopping, answered.
But even as she said that, she had a smile on her face. Perhaps because they had already suffered decades and years of depression with vested interests, they might have recognized that a crisis was an opportunity.
This time, Ko Jin-hee, chairman of JISUNG Fashion, asked Huh Joon-ik, president of LC Construction. "Mr. President, how about LC Telecom? Don't you think it's the best time to buy?"
Huh Joon-ik answered, "Just wait a little longer. The ants' selling with a loss isn't over yet. If it reaches $240, you can buy it, and you won't lose in the long run."
'They, too, have been squeezed out of their assets, but they can bear it. They've lost tens of millions of dollars in the financial records, but they can live without the money. If they wait, the price goes up again. They have a lot of cash and credit in Korea, so all they have to do is buy assets that have come down at a steady pace. It is only the clumsy rich who crumble in times of crisis.'
This time, President Kim Shin of Susung Planning asked, "Hey, CEO Han, how about your company? There's been a strange rumor going around these days."
I looked at him and could feel that he saw me as one of the clumsy rich. I said with a slight nod, "It's not easy."
Also, instead of lying, my words led them to more misunderstandings. He laughed at my words. He seemed to think I had lost a lot of money, because of the article.
'I'm not the one who is a clumsy rich, but you, I thought, but didn't say it. They would find out in time that they were wrong.
In the meantime, Kim Shin kept talking, "You won't get an invitation if your assets fall below some amount. Be careful, CEO Han."
I answered with a smile, since it was really funny, "Ah, yes."
However, it seemed that I looked a little crazy. Jang Han-sul came closer to me and asked, "What's the matter, CEO Han? Is it really hard these days? Did you invest a lot in China?"
I said it almost with a sigh, "I invested a lot, almost all-in." It was not a lie, either.
The eyes of Jang Han-sul were getting bigger. "Oh, really? Then..." She couldn't say any more.
Ko Jin-hee looked around and said, "What kind of attitude is that? Are you going to kick him out of here since CEO Han has lost some money? What a pity!"
And then finally, Tak Mun-su appeared and said, "We can`t kick Han Sang-hoon out, even if it true."
I looked at him. He always spoke well of me, as usual.
"He used to give us advice sometimes. We've been helped before, so we should help him in times of need. Don't you think?"
But when he said that, he suddenly hit his wrist with one hand. The gesture brought back old memories. It was definitely the sign that he had used when he had sent off Tak Joon-gi...
Advertisement
- In Serial17 Chapters
Curse Gunner
Curse Gunner is urban fantasy, set in a realm where magic is common but powerful magicians are not. Unfortunately for Helena Aoede, if your magical specialties are necromancy, curses, and blowing things up it's hard to find a job no matter how strong a magician you are. So when a rich woman who needs a curse removed shows up at her apartment, it seems like a solution to her problems. Or at least a good way to pay the rent. Unfortunately this curse is backed by a raging inferno of hatred, and it seems it won't relent until it's sated with blood. Then again Helena's never been shy about shedding blood. Especially if she gets to decide who's blood it is.
8 86 - In Serial7 Chapters
What's With That Cat?
The life and times of Mittens, a village cat in the revolutionary fantasy VR MMORPG "Shattered Realms." With the advent of rudimentary AI, VR games enjoy tremendous popularity, but computing power isn't cheap enough for true intelligence on a large scale. The CEO and lead developer of Nyaosoft, creator of Shattered Realms, is a cat fanatic and, after a tremendously succesful release, devoted himself to building the most robust cat AI possible. After all, cats are level zero non-combat critters. What could possibly go wrong? (Spoilers: Nothing goes wrong. Everything goes right!
8 104 - In Serial44 Chapters
The Order and The Lost
An ensemble cast on both sides of the line between good and evil walk towards disaster. Every chapter is a different lead from the previous. I apologize for the sometimes awful character names. Part of the Demonsword Project universe (First Age). Started during NaNoWriMo 2018 but never finished. Updates Monday and Friday for now.
8 163 - In Serial23 Chapters
Candlemaiden: The Stranger Shore
Evil spirits. A cursed prince. Death itself in disarray. Iris just wants to go home, but fate has other plans for this young priestess and her odd companions. /// The land of Erinlin is dying, its ancient traditions choked out by the Kaerent church and its true priestesses, the Candlemaidens, increasingly regarded with fear and suspicion. All Iris wants is to tend her candles, win her shade battles, and chat with the spirits of her realm. But when she is torn away from her home by the Kaerent king, she learns that her country needs her to be far more than a typical Candlemaiden-- she must be as the legendary priestesses of old and walk through Death itself. ***Cover help from the awesome @ArdenBrooks. Special thanks to @rainersalt, @giveitameaning, and @piperjones033 !
8 121 - In Serial17 Chapters
Nihon no Niko
Curious about his heritage, Niko Kamawari intends to spend a month living in a boarding house in Shibuya, Japan. But as he is unable to speak the language, the teenager struggles with many day-to-day activites. Just as Niko is considering giving up and moving back to New York City to live with his father again, he comes across a sharp-tounged, pale-looking girl called Hanako, who can seemingly understand him. But after meeting her, Niko begins to notice strange things about his boarding house, its residents and even the things in his new everyday routine, like how some of the residents will always are constantly wearing hats, scarves and thick coats inside, others always covering their mouths whenver they speak and some of the residents don't leave their rooms until nightfall. Other strange occurences and rumors begin gaining attention throughout Shibuya, like a group of people all seemingly disappearing at once or a group of strange people who are apparently turning into humans and going on wide-spread murdering sprees... Things begin to get even weirder when suspicous black cars and people in black suits begin appearing around Shibuya all of a sudden and they seem especially interested in the boarding house for some reason... Niko's stay in Japan may just end up being a lot more...eventful...than he and anyone else could have ever expected it to be...
8 149 - In Serial52 Chapters
Stuffing Belly Diary
Hello, I'm Mary, I recently started to get into feederism, I want to share with you my success in stuffing 💕🌺Leave more comments and likes so that the stories come out more often!!!🥺
8 358

