Chapter 722: The Big Eight (I)

Chapter 722: The Big Eight (I)

……

"DBS?"

After taking the information in Chen Qing's hand and taking a look, Tao Jun couldn't help but ask in surprise.

"That's right. DBS Bank is not only the largest commercial bank in the Lion City, but also has more than 600 branches in Southeast Asia, China, Dongying and South Korea, which happens to be similar to the business scope we are focusing on. Moreover, its Tier 1 capital adequacy ratio, total capital, etc. are very superior. The acquisition of DBS is a good medicine for East West Bank. ”

Coming from a banking background, Tao Jun is no stranger to DBS. Moreover, now that Southeast Asia's politics and military affairs are increasingly controlled by them, it is easier to buy a state-owned bank than a private bank.

"My original plan was to take the Luzon Union Bank and Industrial Capital in Malaysia in the first half of this year, but if DBS is available now, is this acquisition plan put on hold for the time being?"

"No, I don't. By 2020, East West Bank aims to achieve three goals: 20,000 branches, US$60 billion in Tier 1 capital, and US$2 trillion in total assets across ASEAN and within Dongying. Therefore, the plan to acquire Union Bank of Luzon and Industrial Capital does not need to be stopped. Moreover, after winning DBS Bank this year, it will be Standard Chartered and Woori next year. ”

"South Korea's Woori Bank?" Tao Jun said in surprise.

"That's right!" Wang Zheng nodded, and then said with a meaningful smile: "I have accumulated some places in my hand to forcibly modify my memory, if I don't use it all the time, wouldn't it be a waste!"

"It seems that in the future, in addition to ASEAN and Dongying, South Korea will be added to the map of the 'Golden Triangle Plan'!" Wang Lei said with a smile.

"Not only South Korea, but also **!" Wang Zheng glanced at him, "ASEAN, Dongying, South Korea and ** are deeply influenced by Chinese culture, and the overall and public acceptance of rights protection is relatively high. The cost of being controlled by us is too low to facilitate our future rule, especially **. One place for mandatory amendment is sufficient. I'm embarrassed if I missed it. ”

"However, ** is too special, and if it openly joins ASEAN with South Korea, it is estimated that it will cause an international uproar. Wang Kai said with some worry.

In the whirlpool of the conflict between China and the United States and Russia, the position and political trends of the first world affect the whole body.

"**It's so special, I don't have to have too many movements on her for the time being. It will not be too late for us to develop ASEAN and integrate East and South Korea. ”

"ASEAN, South Korea, Dongying, **, if you take the next step, is it the turn of South India?" Wang Fei said.

"Nanyin is a big dung pit, unless we need a lot of low-cost labor, it's better not to step into it easily!" Wang Qian sat on the side and said.

Although he is only Wang Zheng's bodyguard, among cyborgs, everyone only has a different division of labor, and there is no difference in status. Therefore, even in this kind of meeting, Wang Gan, Dian Wei and others can also speak.

"I think Bangladesh and the seven northeastern states of South India can be considered, the former is enough to provide the cheap labor we need, develop the land resources of several dimensional spaces, and the population is not as large as that of South India, and it is relatively easy to reduce;

"Alright, let's be quiet!"

Wang Zheng clapped his hands, stopping them from talking incoherently.

“… Today we are talking about the development of the various groups. As for the next expansion direction of the 'Golden Triangle Plan', it is better to leave it to the people of 'Lantang' to discuss. Wang Fei, tell me about the situation of the Hanhua Fund?"

After the latter nodded, he didn't need to look at the documents, and said directly: "Since its establishment in 2015, after three years of development, Hanhua Fund currently manages a total of 19 closed-end funds such as 'Baishizhou', 'Tianhe', 'Donglong', 'Xilong', 'Wuyanqiao', 'Sanyuanli', and 12 open-end funds such as 'Hanhua Development', 'Hanhua Enhanced Bond A', 'Hanhua No. 1 Fund', and 'Yu Libao'. Up to now, the total assets under management are 158 billion Chinese dollars. ”

"GCA Insurance is currently mainly engaged in five major areas: life insurance, health insurance, property insurance, transportation insurance, and construction insurance. Thanks to the care of major groups and our own acquisitions, we currently have more than 12.7 million customers, 578 branches and total assets of 61.7 billion Chinese dollars in China, Southeast Asia and Dongying countries. ”

"GCA Trust, which is currently mainly engaged in guarantee trusts, money trusts, movable property trusts, real estate trusts, securities trusts and monetary debt trusts, currently has 8.71 million customers, 447 branches throughout East and Southeast Asia, and total assets of 59.3 billion Huaxia dollars. ”

"GCA Securities mainly includes securities trading agency, securities repayment of principal and interest, dividends and dividends, securities custody and verification, account opening and registration agency, proprietary trading of securities, underwriting and sponsorship of securities, securities investment consulting, customer asset management, direct investment business, etc. Up to now, GCA Securities has a registered capital of 3.418 billion yuan, a net capital of 18.25 billion yuan, a net asset of 22.457 billion yuan, and total assets of 62.021 billion yuan. ”

“… After three years of development, Jubao currently has 58 million registered users and 23 million active users. Jubao's financial products are all from Qinhan Bank, GCA Insurance, GCA Trust and GCA Securities. Thanks to the rapid development and traffic introduction of Times Group and Luyuan Group, Jubao is now the fifth largest third-party payment platform after Alipay, WeChat Pay, UnionPay Overseas Chinese Affairs and UnionPay Online. ”

Wang Zheng nodded knowingly. It stands to reason that in three years, Jubao can be developed to the current level, and Wang Fei has done it very successfully. But compared to Alipay and 100 million registered users, more than 200 million active users. Jubao's data is simply incomparable. But he also understands that at present, Alipay and WeChat payment have become a general trend in China, and even the four major banks cannot change this result, and Jubao is not good. However, he has another advantage over the Big Four that they will never be able to catch up with.

"In the future, the development of Jubao will focus on the blank areas of third-party payment such as ASEAN, Dongying and South Korea. Relying on East West Bank, coupled with political guarantees, it is enough to ensure that we can further occupy the entire market than Alipay and WeChat. Wang Zheng said.

"Boss, Ma Yun and Ma Huateng are not stupid. Now they are also stepping up their deployment of online financial markets in Southeast Asia. ”

"Of course I do. However, they are currently limited to Siam, Malay, Singapore, Indonesia and other places. The online payment licenses in Luzon, Annam and other places have not yet arrived. Therefore, when the 'treasure' has opened up the entire ASEAN, Dongying, Huaxia, and South Korea, users can freely exchange currencies online, purchase financial products and goods, and pay for cash business in consumer industries such as tourism, education, and commerce. Wang Zheng said.

"Boss, if you want to promote 'Jubao' as much as possible, we might as well learn from Tencent!"

Looking at Wang Fei's meaningful expression, Wang Zheng was stunned for a moment and quickly understood.

"You mean online socializing?"

Search, e-commerce, and social networking are the three most valuable businesses on the Internet today. The stickiness of the search is not high, and there are Baidu and Google Zhuyu in front, so we don't need to involve it. But social networking is too important, and the reason why Tencent's WeChat Pay can be used in just two or three years to share the world with Alipay is that its power can be seen. Moreover, Tencent's development history also illustrates the importance of social users. ”

Wang Zheng nodded thoughtfully.

"The importance of online social networking is obvious to all. However, now Southeast Asia and Dongying, in the social field, Facebook dominates the world, and even Tencent can't squeeze in, and we, as latecomers, are afraid that there is not much opportunity. Moreover, at present, ASEAN is not a unified political entity, and neither political influence, military strength, nor economic strength does it have the strength to directly build the Great Wall on the Internet like Huaxia. … Americans aren't that easy to mess with. ”

"Boss, why did you forget, we have a 'neuronal mastermind'!"

"What do you mean?"

Wang Zheng frowned.

"For Internet users, internet speed, the security of personal information, and social connections are all key factors that determine their stickiness to the website. With the ability of neurons to dominate the brain, it is easy to make a fuss about these aspects. Who wants to chat with friends and post their own private information on a social networking site where they are stuck to death and often lose their personal information?... In addition, Facebook is a pure social networking site, but we can integrate social networking, e-commerce, and third-party payment into one platform, just like WeChat, >but after thinking about it for a while, Wang Zheng nodded slowly.

"Wang Fei, Wang Yuan, Jianjun, one of the three of you is in charge of the third-party payment collection, one is in charge of the e-commerce website 'Times Mall', and the other is a leader in the Internet sharing industry. ”

"Yes!"

Pan Jianjun and the three nodded respectfully.

"One more thing, in the future, East West Bank will become independent from the Chinese China Fund. Wang Fei, you will later serve as the president of Qinhan Bank and control the entire Hanhua Fund. ”

"Yes!"

"Jianjun, tell me about your Luyuan Group?" Wang Zheng said.

"Since its establishment in July 16, the business development of our Luyuan Group has been very smooth. However, there is no way to compare with the brother companies in terms of revenue. ”

"Don't worry about revenue, the most important thing for the current 'sharing business' is to occupy the market and win more users!" Wang Zheng said.