"Husband, do you think that the new entrepreneurship department has some weaknesses compared with some old consortia?" Meng Xin mentioned mysteriously one day.

"Weakness?" Lin Qi was stunned, "What kind of weakness can there be, the cash and bond-like assets equivalent to cash lying on the bank account of the new venture electronics group are no less than more than 100 billion Hong Kong dollars." There are also more than 30 billion invested in the Hong Kong stock market. Our own companies, one after another, went public. Besides, Xinqi will have more than 70 billion yuan in assets and more than 40 billion yuan in cash. Xinfei now has a market value of $40 billion, and the equity we hold is worth more than $16 billion. In terms of real estate, the development of 10 square kilometers of land in Shenzhen's new entrepreneurial industrial park and Dongguan's 30 square kilometers of film and television city. It can be said that in the future, if you close your eyes and wait for the price of assets to rise, it should also be a wealth of trillions. ”

"You're a petty citizen mentality, not a consortium mentality. Consortium thinking is mainly about the security of cash flow, not about paper wealth. Meng Xin said, "Let me tell you straight, you look at the other people's consortium, the one that does not get involved in finance, banking, insurance and other businesses, not only makes money, but also the cash flow of customers is constantly in your hands." Instead of your cash flow, in the hands of other banks, insurance and other financial institutions. In short, you still believe too much in the moral level of those financial institutions, suppose that there is a person in the institution who suddenly forges a series of withdrawal vouchers and moves the money away little by little? The thief is not afraid, he is afraid that the large institution will guard and steal himself. Even if the institution itself is reliable, it is difficult to keep the internal thief. There is also the political factor, which means that if ...... After the collapse of the Soviet Union, the attitude of Western countries towards China became more and more unscrupulous. No longer a honeymoon period like at the end of the Cold War, the United States in the 90s, when the Soviet Union collapsed, once froze some of China's financial assets. Although, it was soon thawed with the negotiations, but think about it, what will be the consequences if the dollar account of the new venture department is frozen for $10 billion, and it will be unfrozen after a year?"

When Lin Qi heard this, he not only broke out in a cold sweat.

In fact, after the reform and opening up, China has continued to save dollars in foreign exchange, not just the problem of dollar money. It is because the renminbi cannot do business with the international market settlement, so the dollar can be settled, and the more dollars in hand, the larger the scale of business, and the stronger the import and export pull and contribution to the economy, in a sense, the dollar reserve is regarded as a production machine.

Although the trade of new ventures in the world is not completely settled in US dollars, due to the stability of the US dollar and the convenience of global capital turnover, more than 70% of the cash is stored in US dollars. At present, the dollar cash in the account of the new venture electronics group is more than 12 billion US dollars. If $10 billion is frozen, then the group's business may come to a standstill and collapse. After the thaw, the company will be devastated even if it recovers.

Even if freezing this mass killing weapon is not used, there will be a bunch of means. For example, if a bank loan is not due and you are required to repay it in advance. Non-renewal of loans when due, reduction of credit limits, downgrading of corporate ratings, etc......

Therefore, enhancing the security of funds through various means is also an issue that needs to be taken seriously more and more.

"Well, I have been increasing domestic investment, and more than 50% of my assets will be converted into RMB assets in the future, and the scale of overseas assets will be less than that of domestic assets. Lin Qi said.

"This is not enough, there must be a bank! Banks are the mother of all industries, even in the future, countless financial innovations want to challenge the status of banks, and in the end, only one thing is proven, finance is still the most professional bank. Meng Xin suggested, "After controlling a bank, although it will not absorb deposits and lend to itself, it is not easy to control risks." However, it can be loaned to the upstream and downstream of some industrial chains, which indirectly enhances the control of the industrial chain. In this way, although it is not a loan to yourself, it can also bring business promotion. In addition, it is not only more assured that a part of the cash will be deposited in your own bank, but also that any bank will deposit a huge amount of cash, and the business scale will develop rapidly. ”

"Okay, I've decided! Acquire HSBC!" Lin Qi pondered for a while and made a bold statement.

Theoretically, you can buy all the shares of HSBC, but can you buy them? It's not a question of money at all, it's not just that HSBC has not only a lot of British institutions, but also a lot of American and Japanese foundations. These shareholders can't sell HSBC to you. In addition, HSBC's equity is dispersed, ordinary investors are also accustomed to receiving dividends to live, and there are many investors who have not sold a share for decades, and these people, no matter how you persuade them, are in a sentence and cannot be sold. ”

"Of course, I didn't really buy HSBC, but I did stimulate HSBC to buy a large amount of equity as a bargaining chip, so that HSBC could exchange the equity of the medium-sized bank controlled by HSBC for HSBC's own equity. Lin Qi said with a smile, "HSBC, I know all day long that it uses the crisis of financial crisis and bank run to control other banks." Hong Kong's decades-long financial crisis, this time HSBC is the savior, the big winner, if there is no cat, who will believe it?"

Even though the financial crisis was an objective factor, HSBC often used the formality to choose whether to bail out or not to bail out its peers, and used it as a bargaining chip to buy one bank after another.

For example, the promising Hang Seng Bank, which was originally established by Chinese capital, was when HSBC took advantage of the financial crisis and Hang Seng fell into a run on the stock market to acquire the listed Hang Seng Bank as a subsidiary.

After Lin Qi asked people to study the information of Hang Seng Bank, they liked the bank more and more. Not to mention anything else, it is the brand advantage, which is leveraged. Mainly, when Hang Seng Bank was very small, it liked to study the capital market and developed the Hang Seng Index Series. The global popularity of this Hang Seng Index far exceeds that of Hang Seng Bank itself.

However, the Hang Seng Index and the constituent stocks of the Hang Seng Index were all researched by Hang Seng Bank at the beginning. It has been proven for decades that this set of indices is relatively scientific and reasonable, and the constituent stocks are changed regularly. In 1964, the Hang Seng Index was initially set at 100 points, and in '67 it fell to a minimum of 58.61 points. However, decades later, the Hang Seng Index has repeatedly reached new highs, 500 points, 1,000 points, 2,000 points, 3,000 points, 5,000 points, 10,000 points, 20,000 points, 30,000 points...... Therefore, since 64 years, we have invested in a basket of constituent stocks, and have been replacing the latest constituent stocks according to the revision of the index constituent stocks, and the yield of hundreds of times has basically far outperformed housing prices, the economy, and inflation over the past few decades.

Overseas capital, investing in the Hong Kong stock market, considering liquidity and valuation, as well as the quality of the company, directly invests in a basket of constituent stocks, and when exiting the market, it also sells the basket of constituent stocks, so that there is generally no major problem in the flow of capital and liquidity.

In the 90s, Hong Kong's capital market was already on a par with the London financial market, second only to the New York Stock Exchange, the NASDAQ, and the Tokyo Stock Exchange. Because Hong Kong's local economy cannot support such a large capital market scale, Hong Kong's capital market is the most internationalized capital market in Asia.

Therefore, Hong Kong's Hang Seng Index is naturally very famous in the international capital market, and no practitioners in the financial industry even know about the Hang Seng Index.

It is precisely because of this that Hang Seng Bank has invisibly had a much larger brand reputation than its scale.

In the hands of HSBC, it may not be fully exerted, if it can be bought by the new entrepreneurial department, then in the future, this bank may not be smaller than HSBC.