Datang Western Company, since the day it was first established, is destined not to be an ordinary overseas trading company.

Although its name is very similar to Datang Nanyang Company and Datang Dongyang Company, it seems to be doing the same business, but they are completely different from each other.

Before the establishment of the Datang Western Company, Li Xuan gave it the power and hope to colonize India, Africa and other regions in the future, otherwise, he would not have specially issued a Western trade license for this company.

So far, this company is still a sole proprietorship of the Imperial Assets Division, unlike Datang Nanyang Company and Toyo Company, in which the Imperial Assets Division and the Ministry of State-owned Enterprises have invested, and even recently in order to develop, it has also attracted a part of private capital, which has made the share composition of these two trading companies quite complicated.

For example, the relatively well-developed Nanyang Company, in which the Imperial Assets Division occupies about 40 percent of the shares, and a number of enterprises under the Ministry of State-Owned Enterprises occupy a number of shares in it, mainly the three major arms companies, and what they invest is not cash, but directly with the assets such as the merchant ships built and the weapons and even the wharves on them, and the shares occupied by several state-owned enterprises and enterprises combined, about 30 percent of the shares.

Except for less than 1 percent of the shares, which are private investments, the other 20 percent or so are in the hands of major domestic financial institutions.

From the shareholding of these financial institutions, it can also be seen that the current development of the financial industry of the Tang Dynasty is quite rapid, because of the perfect relevant laws, now there are hundreds of large and small banks in China, although most of them are small-scale banks, and they are basically the merger of the previous money bank, silver shops and the like.

But the top few banks, but most of them have good influence, well, the Royal Bank does not say, only other banks, such as the Zhili Textile Bank, this bank is jointly funded by wealthy businessmen in Jiangnan, and its influence in the Jiangnan area is second only to the Royal Bank.

In addition, the Liangguang Industrial Bank is also very strong, occupying a large share of the financial sector in the Liangguang region, and its investment is not only by businessmen in the Liangguang area, but also by the Ministry of State-owned Enterprises.

Finally, there is a bank wholly owned by the Ministry of State-owned Enterprises, Datang Imperial Bank!

Just by looking at the words 'Imperial Bank', you can know its strong official background, but the business engaged in this bank is somewhat high-end, in addition to ordinary personal business, they pay more attention to the development of industry, especially to provide financial support for enterprises under the Ministry of State-owned Enterprises, and most of its customers are also large enterprises such as enterprises under the Ministry of State-owned Enterprises.

This also leads to the fact that although this bank does not have many business outlets, and there are only dozens of them in total, the capital flow of its business is second only to the Royal Bank, and even robs a lot of the Royal Bank's business.

The rapid development of the banking industry has also led to the overall development of the financial industry!

After all, not every bank has a strong official background like the Royal Bank and the Imperial Bank, and shoulders the important task of promoting the stable and healthy development of the domestic economy, and more banks are pure commercial banks.

In order to ensure the safety of depositors, Datang's financial law strictly stipulates that banks cannot directly use deposits for all kinds of investment activities, but can only use deposits to lend!

Although such a one-size-fits-all approach has greatly hindered the development of the banking industry, it is also to protect the healthy development of fledgling banks, and to avoid bank investment failures and then large-scale runs, in which case, even if these banks have paid deposit deposits, it is difficult to control the risk.

However, just because banks can't invest directly with their deposits doesn't mean they can't attract funds to invest.

Therefore, almost every bank will have an investment department, and then try to attract funds as much as possible, especially customers who have deposited a large amount of money in their own bank are their important main targets.

They often say, look, this is a wealth management product launched by our bank, you can earn interest every year, but there is no interest on your deposit.

Yes, at present, in the banks of the Tang Dynasty, there is no interest on deposits, and even the management fee has just been canceled at the beginning of the year, before that, the deposit still has to charge a management fee, so theoretically you deposit a sum of money, the less the money will be, the less, N years, the money will disappear without a trace.

Of course, this is only theoretical, but in practice the percentage of the management fee is very low, otherwise people would not have saved money into it.

However, those wealth management products launched by banks have interest, or profits.

Of course, these banks are not doing good deeds when they launch wealth management products, people are using the money to invest, mainly to earn management fees, which are much more than the management fees of deposits.

However, this kind of investment behavior will lose money, and if you lose money, people's banks are fine, and the loss is not their bank's money, when they lose money, they still charge management fees, in short, they make a steady profit, but investors are miserable, and it is possible to lose all their money.

Although the financial policy of the Tang Dynasty is not too perfect, and there are many shortcomings and loopholes, there is no doubt that the Tang Dynasty has established a perfect financial system, and the flow of various funds is very active.

Several kinds of treasury bonds of the Tang Dynasty are extremely popular!

In addition, the bonds issued by some enterprises are also very hot in the market, especially the bonds issued by some enterprises with strong examples, which are often sold out as soon as they are launched.

In this environment, even if the Tang Dynasty has not launched an official stock exchange before, all kinds of bonds and stock transactions are already very prosperous, and after the official launch of the stock exchange, it is even more hot.

In order to raise funds for development, Ouan is a company of the Royal Assets Division and the Ministry of State-owned Enterprises, and in order to raise funds for development, it often issues various corporate bonds, or simply introduces investors.

However, these enterprises do not include the Royal Bank, nor do they include the three major arms companies.

And Datang Western Company is not included in it at present, but Li Xuan knows that this situation will not last too much, Datang Western Company, after all, needs to be listed, and it is always necessary for many investors to share the profits of monopoly trade, otherwise, the rebound will be too great.

A royalty-owned enterprise monopolizes Western trade, no matter what, it looks too ugly and will cause disgust in the world.

After all, the enterprises controlled by the royal family already have a huge advantage, not to mention anything else, just the royal background can get huge benefits, but even if you forget it, you also have a license monopoly and do not let others participate in it, isn't this a clear desire to attract more firepower for the royal family.

Therefore, Datang Western Company will inevitably be listed in the end, and finally become a national enterprise, of course, even if the shares are dispersed, but the control must still be grasped by the Royal Assets Division and the Ministry of State-owned Enterprises.

Just like Datang Nanyang Company and Toyo Company!

However, now, the company's listing conditions are not mature enough, at least it needs to open up the trade routes, and then it is time to go public.

And now this batch of fleets going to sea carries the hope of the first large-scale trade of Datang Western Company on the coast of the Indian Ocean!

Therefore, this time, the huge fleet heading south was actually divided into several units, including official immigration ships, escort warships of the Navy's Luzon fleet, and ships of the Tang Western Company.

Even the fleets within Datang Western have different tasks.

Some were loaded with goods for pure trade, while others were loaded with soldiers and guns, ready to open up colonies and defend merchants, and some immigrants recruited by the Tang Western Company itself.

In short, when this chaotic fleet set sail from Guangzhou, it attracted a lot of attention!

Among them, of course, were the Portuguese and the Spaniards.

The Portuguese are now in full swing in trade with the Tang Empire, and they are also paying more attention to some foreign trade moves of the Tang Empire, and they naturally know that the Tang Dynasty has established a colony in Luzon and a trading post in Banten, but they don't know for the time being that the fleet of the Tang Western Company has gone to the Indian Ocean, and even now it has gone to Africa.

So they believe that this is the Tang Empire's large-scale colonization of the South Seas, especially the current Luzon.

This worried many Portuguese that the Tang Dynasty would get involved in the spice trade, which they regarded as a treasure, because from Luzon further south, it was the Indonesian archipelago, also known as the Spice Islands.

Although there were very few Spaniards in the Tang Empire, only a few were stationed, and only a few ships sneaked to Guangzhou to trade every year, but even in the face of the Portuguese blockade, they continued to make several attempts to establish colonies in Luzon, but all failed.

Today, the Tang Empire has opened up new colonies in Luzon and established a trading post in Banten, which also allows the Spaniards to see an opportunity to better intervene in the eastern trade.

That is, not to take the risk of dealing with the Portuguese in the South Seas, but to trade directly with the merchants of the Tang Dynasty in Luzon or Banten, so that their global trade routes can be smoother.

Because they could send ships directly from Europe to the Americas, thus bypassing the very tight western coast of Africa, which was controlled by the Portuguese, and then the fleet crossed the Pacific Ocean with the gold and silver looted from the Americas, arrived in Luzon to trade, bought many goods from the East, and then crossed directly across the Indian Ocean, detoured the Cape of Good Hope in Africa and returned to Europe.

And this route is actually the route of the famous Spanish treasure ship in the future!

What the Tang Dynasty is doing now is just giving the Spaniards a chance, a chance to open a round-the-world route in advance, and finally earn a huge profit!

Of course, the premise is that the Tang Empire opened up the colonies of Luzon and Banten to the Spaniards, and not like the Portuguese, the ports along the route were tightly covered, and when they seized the opportunity, they directly grabbed the merchant ships of other countries, and let the fleets of other countries pass through the waters controlled by the Portuguese, which was full of danger.

This made the conflict between Spain and Portugal continue for a hundred years, even if there is a treaty, but who says that if there is a treaty, it cannot attack the other party's colonies and merchant ships?

The contradiction between the two sides is also the direct reason why Spain wants to annex Portugal like crazy!

The idea of the Spaniards is very simple, you and Lao Tzu are fighting for colonization and wealth on a global scale, and I will swallow your hometown directly now, and see that you are still screaming!

This is the sadness of Portugal's population of only 1.5 million!