Reborn as the youngest son of a chaebol, let's get to know his sister-in-law!

While Chen Daojun was planning how to acquire the British Group, the election for the new general T was also getting underway in full swing.

"Daojun, if you can help me again, BAT's future will be smooth."

On the phone, Cui Xihuan, who was trying his best to exert his strength in the campaign, spoke earnestly to Chen Daojun.

Now that the presidential election has reached the eve of the final round of voting, Cui Xihuan's vote count is almost the same as that of the leader of another party.

The time has come for this kind of competition of financial resources. If Chen Daojun can add another financial support to Cui Xihuan, the result may be evenly matched.

Cui Xihuan very much needs the support of the BAT Group, which is now in full swing.

Chen Daojun pondered for a while and put forward a condition.

"BAT can give you another billion won as additional funds, but you need to help me investigate one thing."

"What is it? As long as it is within the scope of my ability, I will definitely investigate it clearly for you."

Cui Xihuan responded immediately.

"Investigate clearly the financing and financial situation of the British Group during this period, as well as the subprime mortgage situation in Hanguo in the past six months."

During Cui Xihuan's election campaign, he visited most frequently with professional bigwigs in various industries. During this period, anyone who was optimistic about Cui Xihuan would be willing to sell him favors in exchange for benefits after Cui Xihuan was elected.

Let Cui Xihuan complete this investigation to save time and effort.

Chen Daojun knows very well that once the dust settles on the election of President T, the biggest whirlpool will appear in banks and credit cards.

Soon, the British credit card will be unable to sustain the explosion, and the subprime mortgage crisis will turn the financial world upside down.

This time is the best time to acquire the British Group.

Cui Xihuan agreed readily, and not long after, he passed the information to Chen Daojun, who was eagerly waiting.

"Zhao Dahao, call in all the financial executives of the group and start analyzing this data."

Chen Daojun issued this order to Zhao Dahao.

"The war is about to begin, so cheer up!"

It didn't take long for Zhao Dahao to find all the financial executives in the conference room. Everyone studied the information about the British Group day and night.

"President, according to our data analysis, in order to expand its business, Great Britain Credit Card has almost zero requirements for credit cards and borrowers' credit records and repayment abilities."

"This approach has indeed expanded the business in a short period of time, but it has also been exploited by many speculators. In fact, it is all bubbles."

Sure enough!

Chen Daojun clapped his hands.

It won't be long before the subprime mortgage crisis after the bubble burst will bring extremely serious losses to the British Group.

The financial business of the British Group has always been a strong economic pillar of the British Group.

After the credit card incident started a while ago, despite receiving support from the Z government, Daying continued to sell stocks, and he may have seen something fishy in it.

However, they still underestimated the seriousness of the matter too much.

This year, Cheong Wa Dae passed a bill that gives credit institutions similar business scope to banks, but does not grant the same scope of control.

Under this law, credit institutions can purchase corporate debt and commercial paper, issue commercial foreclosure loans and consumer loans, and even purchase junk bonds.

After a period of selling, Daying once again saw the popularity of this industry, and began to vigorously develop investment industries such as securities and insurance.

"It's too Pollyannaish."

After reading the data, Chen Daojun came to a conclusion.

"They don't know that against the background of the accelerating innovation of asset securitization and financial derivatives, coupled with the luxury consumption culture that permeates the entire cold country, blind optimism about future prosperity has arisen across the country."

"When the bubble bursts, the British Group will suffer extremely huge trauma."

Chen Daojun said.

"Why does this have to be a bubble? I clearly see that with the support of law and politics, related industries are thriving."

Zhao Dahao asked puzzledly.

Chen Daojun smiled slightly: "According to the investigated practices of the British Group, they package all the loans with bad credit and divide them into two parts. If the entire loan defaults, the part with the higher interest will suffer losses."

"After losing money on those with high interest rates, we will lose money on those with low interest rates, and then sell them to investors with different risk preferences. Da Ying will be responsible for guaranteeing the high interest rates, and then find a rating agency to rate them as excellent, and then they can sell them again."

"In this continuous split and derivatives, a 5000 million won loan is likely to be accompanied by a billion won of derivative investment products. Among this pile of loans, as long as one defaults, the underlying money will not be collected. Come back and all the bonds stacked on top are gone.”

Chen Daojun explained.

Zhao Dahao suddenly realized: "It is completely a precarious building."

"Then we should take advantage of this to accumulate strength and hit the British Group hard after the thunder explodes?"

Zhao Dahao asked.

"No, we really want to make Daying feel that they are approaching the cliff, but we can't make them really fall off the cliff."

Chen Daojun shook his head.

"I want to acquire the British Group, but I can't let them go completely bankrupt. Otherwise, there will be no point in acquiring it."

“Not only do we need to survive when the crisis hits, we also need to make a lot of money out of it.”

Chen Daojun's eyes were full of ambition.

"How to make money? Once such a large-scale financial crisis really breaks out, it will be very difficult not to lose money."

A senior financial official said worriedly.

"We're going short."

Chen Daojun said decisively.

"Buy insurance with various investment banks. When the credit loans of the insured objects are fine, we pay premiums to the investment banks. But once these credit loans collapse, the investment banks have to compensate us for the losses."

Upon hearing this strategy, many financial tycoons present opened their eyes.

"Isn't this too risky? Isn't it equivalent to insuring a house that doesn't belong to you, and claiming compensation once it burns down? Isn't it essentially a bet that the house will burn down? If the house never burns down, wouldn't all our money be lost? Is the water floating?”

Zhao Dahao said uneasily.

"Yeah, just betting that the house will burn down."

Chen Daojun nodded heavily.

In fact, he knew that within a year, the fire would surely break out and burn most of the financiers' pants.

This is why Chen Daojun dared to use BAT’s funds to do such risky and crazy things.

He is 100% sure that this subprime mortgage crisis will definitely come.

But in the eyes of others, it is not the case.

Chen Daojun is like a lunatic who is joking about the lifeline of the group. According to Chen Daojun, once it is successful, BAT Group will become a major player far beyond other companies.

But if it doesn't work out, there's no telling how long this bottomless investment will last, and I'm afraid it will only leave the group in a complete loss.Everyone present looked at each other, you looked at me, I looked at you, not knowing how to react for a moment.

Only Zhao Dahao gritted his teeth and nodded quickly: "Okay, I'll do as you say."

"A game of this magnitude is simply not something I can easily understand. This kind of thing requires a genius with both ambition and intelligence to do it. I'm not the type, but you have always been this kind of person."

Zhao Dahao patted Chen Daojun on the shoulder and said with approval.

Now that Zhao Dahao has expressed his position, no one else has the right to say "no". Therefore, the senior executives present bit the bullet and began to implement Chen Daojun's strategic plan.

The news that Chen Daojun led BAT to short the debt of Daying Group, which was beginning to prosper at this time, was blocked in the initial dissemination process.

When many people heard the news, they all thought they had heard it wrong.

No way, how could Chen Daojun really do such a thing?

As such a cautious and intelligent owner of BAT's real power, how could Chen Daojun be so confused that he would mortgage his group's future on something that was obviously impossible to happen?

Will the debt issued by the British Group collapse?This is impossible no matter how you think about it.

"These are all things backed by the laws of the Z government! Moreover, isn't the current market enough to prove how solid our securities structure is?"

Zhu Guangzhi said in disbelief as he listened to the news that reached his ears.

"I don't understand what Chen Daojun is thinking."

Lee Soo-chan, the president of Daehan Investment Bank, stood in front of Zhu Guangzhi, smiled and shook his head.

They were at a cocktail party at this time. In addition to Zhu Guangzhi, there were also senior executives from major financial industries present.

"Yes, Chen Daojun also shorted your loans with us."

Another investment bank president echoed.

"What, Chen Daojun came to find you too?"

Zhu Guangzhi asked in surprise.

"Not only that, we were also found."

At this time, the presidents of several investment banks gathered over and said.

"Have you all signed this contract?"

Zhu Guangzhi asked quickly.

"Of course I signed it. We don't believe that these loans will explode. Someone can give us free money, so why don't we accept it? As for what kind of broken ribs he has, we can't control it."

The presidents laughed and said.

After hearing this, Zhu Guangzhi couldn't help but frowned tightly.

How could this be?
In Zhu Guangzhi's heart, Chen Daojun is a shrewd businessman who would not do such crazy and risky things.

If you have to do it, it must be profitable.

But no matter what Zhu Guangzhi thought, he couldn't see anything wrong with this loan business.

On the contrary, this business has also driven the economic growth of many groups including Daying.

On the surface, Chen Daojun is shorting Daying's debt, but from a macro perspective, he is shorting most debt-related institutions.

How could such a huge collapse happen?
Even if there is a partial debt explosion, the Z government will be there to take care of it.

Zhu Guangzhi finally felt ridiculous and shook his head.

"Forget it, don't think about it too much. I think Chen Daojun is just playing a thrill-seeking game. Isn't Chen Xingjun already in jail? And the rest of the Chen family has also lost the ability to compete with Chen Daojun."

"It seems that Chen Daojun wanted to make a powerful move for Shunyang Group when he took office. Unfortunately, he miscalculated the target."

After that, Zhu Guangzhi stopped talking about this moment and continued to enjoy the banquet.

"Yes! This kind of thing is really ridiculous!"

The guests ended the topic, and Chen Daojun's image in their hearts became like a clown with empty ambitions and no thinking.

"It's such a pity. I thought that the Shunyang Group would be in the hands of Chen Daojun and would show its talents in the business world. Now it seems that we don't need to pay more attention and take action."

Zhu Taizhi stood on the handrail of the second floor of the reception, looking at the crowd of bank presidents dispersing with a smile and said.

"In the days to come, the one who will come out on top is the British Group, there is no second person!"

Compared with the relaxation and joy there, Chen Daojun was so busy during this period.

It is not so easy to take adequate hedging measures in the upcoming subprime mortgage crisis. During this period, in addition to shorting Daying's debt, Chen Daojun also kept studying policies.

The funds given to Cui Xihuan have been transferred to his account, and he has lived up to the money. With his efforts in all directions, the chance of winning is obviously greater than before.

In this way, on the day of the general election, Cui Xihuan successfully replaced the original chief T and became the latest chief T of the Han Kingdom.

At the same time, subprime mortgages, which had seemed very solid and growing upwards, finally began to collapse.

At first, it was only a small part of the collapse, which could be completely taken care of by the Z government.

But Chen Daojun knows that soon the crisis in the entire financial market will snowball, getting bigger and bigger.

"Dojun! I really want to thank you very much!"

At the banquet, Cui Xihuan pulled Chen Daojun into an empty room and held Chen Daojun's hand excitedly.

"No, no, this is what I should do."

Chen Daojun smiled and waved his hand.

The benefits to Chen Daojun of having someone he can trust come to power are self-evident.

If Cui Xihuan has any second thoughts, Chen Daojun has already restrained him based on his understanding of him, and there are ways to make him step down.

Cui Xihuan naturally understands this truth very well and respects Chen Daojun very much.

"By the way, Daojun, when will you return to Shunyang and truly take charge of Shunyang Group? This should be your dream, right?"

Cui Xihuan asked.

"Mr. Cui T doesn't have to worry about this. Before that, I want to completely acquire Daying under my control."

Chen Daojun's eyes showed a cold light.

"Daojun, I've heard about this too."

Cui Xihuan stopped smiling.

"You have been shorting the debt of Great Britain during this period. Why is that? And it is also debt for credit."

After listening, Chen Daojun pondered for a while and said, "Since you took the initiative to bring up this matter, I also need to talk to you."

Chen Daojun walked to the window and looked at the mountains.

"Now, Han Country's finances are in danger and are about to face an extremely cruel test." (End of Chapter)