Chapter 186-1: Something horrible happened
Kwon Ji Yong's arrival made Lisa wonder what on earth Jennie was actually thinking, while Jisoo had an expression which implied "I don't know anything," which made Lisa feel vexed inside.
It had to be known that yesterday night, Jennie had just signed an alliance with the two companies to deal with the Kwon Family's Donghua Science and Technology. Kwon Ji Yong was basically an enemy through and through, so why did she make plans for her enemy to come here for breakfast with her?
"Mr. Lisa, are you puzzled?" Kwon Ji Yongsincerely laughed.
Just like before, Lisa didn't like the expression of this man, rolling his eyes he said, "I am puzzled, but I don't need you to tell me the answer."
Kwon Ji Yong laughed, and spoke no more.
Jennie and Jisoo exchanged glances, they could see how displeased Lisa was, and slightly smiled because of it.
It was at this moment that Ruoxi's assistant, Ningning, hurried over with a laptop in her hands. She reported to Jennie, "Boss Kim, five minutes ago, after Changlin Media had confirmed that we have transferred five billion in funds, they also transferred five billion. Adding on the two billion which the Muyun Corporation had already put in last night, the shared Swiss bank account is now properly filled by all parties involved."
"Has Changlin's financial status been verified?" Asked Jennie.
Ningning opened a document on her laptop, looked at various charts, then said, "According to the Athena Team's analysis, after both parties have transferred five billion in Huaxia currency, Changlin Media would be facing a severe shortage of funds. For the next three months, they would face an extremely low working capital, unless the Kang Family of Yanjing grants assistance."
"What is the Athena Team?" Lisa asked Jennie.
Jennie didn't answer him, while Jisoo kindly explained, "It's a team that Boss Kim personally put together after taking office. They include actuaries and traders of the various industry markets from all over the world, and their main responsibility is to analyze a competitor's financial situation in detail."
Kwon Ji Yong also happily added, "Although Jennie's small team have less than ten people, it still makes me green with envy, haha."
Jennie responded, "Hmm, the Kang Family in Yanjing couldn't possibly assist them. The Kang Family has multiple establishments, and is also involved with the government. The Kang Family doesn't dare to make any rash moves...... Ningning, execute the next phase of the plan."
"Roger, Boss Kim!"
Ningning bowed, and left the dining room.
Looking at these people who had just said things that he couldn't understand, Lisa couldn't help but ask, "Can anyone explain?"
Jennie sipped on her orange juice, then said, "Before this collaboration, I have already spent three months selling dozens of unimportant factories and some shares of other companies, amassing eight billion in funds. Five billion have been put into the Swiss Bank account, and there is three billion remaining, I've decided to use it to suppress the shares that Changlin Media has in Hong Kong's stock market."
"Suppress Changlin?" Lisa suspected that he misheard. Didn't they just become allies!?
"You didn't mishear." Jisoo continued to explain, "Our company, Kim, has already planned for all subsidiary newspapers and magazines under us and the rest of the industry to begin spreading news that would be detrimental to Changlin. This way, Changlin Media's shares would be dumped by their shareholders, while we will buy them. When we amass enough shares, we would once again dump all of them back at even lower prices, causing panic in all shareholders, which would cause even those shareholders who had been passive to dump what they have...... All we need to do is to repeatedly buy and sell. In a situation where Changlin doesn't have enough cash reserves, they would have no options but to let their shares be beaten to a pulp by us. In less than a day, Changlin Media would crash."
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