Just when Zhou Shi was working hard for Time Group to acquire Times Group and negotiating with various forces in the Lighthouse Country, he received an unexpected phone call.

"The money problem is easy to solve, the problem is that I may not have enough people to support you, and in another three years we may liquidate the real estate stocks. "Zhou Shi

"......" didn't say a word on the other side of the phone, and was still silent

"Are you really in a big difficulty?" Zhou Shi

"Baoneng holds Vanke, they hold more than 20% of Vanke's shares!" Wang Shi said simply

Zhou Shi remembered all of a sudden, this is the famous "Baowan dispute", in June this year, A-shares plummeted to form a stock market crash, and domestic and foreign forces colluded to short A-shares, resulting in many times of thousands of shares falling to the limit. The government and the opposition do not want the stock price to continue to fall, and it is at this time that Baoneng launched an increase in Vanke's holdings, which is a typical public sniping of financial capital against industrial capital.

Many people say that the head of Baoneng is a barbarian at the door, which is a bit biased, and it may be that the changes in the roles of founders, shareholders, and capital are not understood in China, or they deliberately do not understand it for their own interests.

The "Baowan dispute" was supposed to be a dispute between Baoneng and China Resources (Vanke's largest shareholder at the time), after all, it was about the control of the company. However, China Resources is not strong, not only lacking money, but also lacking enthusiasm.

"It shouldn't be a big problem, right, do they have this strength?" Zhou Shi

"The specific situation is not clear, it may be related to their Qianhai Life Insurance! However, Anbang Insurance, which has recently been in the capital market, suddenly raised its card and announced the acquisition of 5% of Vanke's A-shares. "Wang Shi

Zhou Shi felt a deep malice diffuse around Wang Shi, the founder was not a major shareholder of the company, and he would really be abandoned.

The domestic insurance market has exploded, and it seems that the fastest growing is universal insurance, which is basically an investment product, with a much higher yield than money market funds, and slightly less secure and flexible. However, this kind of product is extremely popular in China, and many companies have been achieved, such as Anbang Insurance, which has become a super tycoon in a few years......

Insurance is really a good thing, low-cost, high-coverage, and can legally change the way to deceive people, uh, no, it's a cheat! Many insurance companies in China have violated the original intention of insurance and launched all kinds of unbelievable new products, and all kinds of words have been picked to the extent that they are used to the extreme. The lower limit of Chinese morality has been broken by them again and again, and I don't know why they didn't manage it.

As one of the main bodies of the "Baowan dispute," what kind of insurance company is Qianhai Life? As I said before, the Huaxia insurance market has basically become a wealth management market, so that in terms of the structure of insurance types, participating insurance and universal insurance account for nearly 70 percent of the total. Qianhai Life is no exception, and 99% of the sales channels of its policies are through banks, so high dividends and high rebates are essential.

Not only that, no matter how big the real estate company is short of money, Qianhai Life's parent company Baoneng Investment Group's main business is real estate, and at the beginning of 2015, it borrowed 15 billion soft sister coins, gross profit margin, forget it, or don't say it, and Vanke is not at the same level! However, Boss Yao was banned from the insurance industry for ten years, and there is one reason: "Some project companies borrowed money without providing guarantees and prepared and provided false information!"

How can an enterprise that has no money want to acquire an enterprise whose asset size is several times or even ten times that of its own? There is no doubt that it is through leveraged debt acquisition, what should we do if there is too much debt after the acquisition? Let the acquired company pay it back!

Although he didn't know much about the complex operation of the capital market, Zhou Shi could still understand what Wang Shi said, and after hanging up the phone, he understood some of it himself. Boss Yao's heart is really big, but unfortunately he made a mistake at the beginning and invested too high a proportion of insurance funds in the securities market.

Wang Shi's idea is that if Sixiang Fund doesn't have time, then let AIA and Dongcai Technology enter the market. Zhou Shi was noncommittal and did not give a clear answer.

Dongcai Technology is after Oriental Fortune acquired Modu Securities, the stock price has skyrocketed three times, even if the A-share plummets now, his market value is about 200 billion soft girl coins, and the market value is not much different from Maizidian Goldman Sachs. I don't know what domestic investors value, and it is difficult to change the expectation of profit in the short term. Perhaps because of the concept of Internet finance, the status of the second largest monetary fund in the country (the first is Alibaba's Rainbow Fund Yu Bao)?

Big data, artificial intelligence and financial technology may be the direction of the future!

It is now worth about $70 billion, making it the world's largest or the most valuable life insurance company.

AIA's development in mainland China is limited by the problem of bancassurance channels, mainly cooperating with a few regional banks, unlike those insurance companies with deep relationships, which have close cooperative relations with the four major banks. Therefore, in the explosion of the insurance market in recent years, it has gradually fallen behind and has not been able to rank among the top 5 in China. Fortunately, the geographical restrictions have been opened, and the high-end market is biased, and the development momentum is very good.

AIA's development in Hong Kong has ranked behind HSBC Life in terms of premium income from new policies sold for four consecutive years since 2010, and finally surpassed HSBC Life to rank first last year, and this year it has basically been confirmed that it can maintain this ranking. This is because the premium income of AIA's new policies has exceeded HK$20 billion this year.

Relying on East West Bank's expansion in the Asia-Pacific region, AIA's business in these countries and regions has gone further, so AIA's market capitalization of more than $70 billion is not an exaggeration, even if the market value of hundreds of billions of dollars is also worth looking forward to. Historically, AIA's market capitalization in 2018 exceeded $1,100, and this time only AIA's market capitalization will only be higher.

Such a powerful company is supposedly able to provide protection for Wanda, but the problem is that AIA's funds are in Xiangjiang, and Vanke's shares are mainly concentrated in Huaxia. And AIA is not without trouble, recently it has set its sights on ING's life subsidiary in South Korea, which is the fifth largest in South Korea. The valuation is not large, and the price is about $3 billion. However, there is a more alternative and powerful opponent, Anbang Insurance from Huaxia.

The chairman of Anbang, known as having assets crushing Zhou Shi, and Wu Xiaofei, who has trillions of assets, once approached him, but Zhou Shi didn't want to talk to him about business, so he was perfunctory. didn't offend at will, after all, he didn't have a strong family background like Wu Xiaofei.

The Chinese have a bad habit of preferring to lose to crooked nuts rather than to their own people, otherwise they will have no face. It's a pity that he foresaw Zhou Shi, although there were some difficulties, but he still decided to let AIA Life rise to the challenge!