Chapter 466: God of Wealth (4)
Ussie is not planning to be a "bird" anymore, it is interesting to hide behind the scenes and command!
At present, Ussi has decided to apply for American citizenship, so he naturally has no fear, is not afraid of being maliciously suppressed by some foreign-funded consortiums, and hides behind the scenes, at least he can find a little less trouble for himself. Pen "Fun" Pavilion www.biquge.info Moreover, Chen Xiaodao himself is a pure Chinese, no matter what pressure he encounters, there are descendants of Yan and Huang who will take the initiative to extend a hand of friendship.
Once the Bank of China in Hong Kong has completed the listing, the political significance is too special, which means that the planning of "one country, two governance" has come to an end, which means that the first overseas commercial bank (central bank + investment bank + savings bank) controlled by the Chinese government/government can gain a firm foothold in Hong Kong or overseas, which means that the capital of the mainland can go abroad with great fanfare; It means that a large number of foreign consortia have a safe channel to enter the mainland for investment; It also means that the RMB has stood up and stepped onto the world financial stage!
The Bank of China in Hong Kong is special in that it has acquired ten banks in Hong Kong and has the right to issue Hong Kong dollars, and after the capital integration is completed, it can become a standard "central bank", which is different from ordinary commercial banks.
This is a spark, a spark that "a spark can start a prairie fire".
The way banks are registered and registered in different places, and the way they deal with financial disputes and other aspects varies greatly. Overseas branches of state-owned banks, regardless of the country in which they are registered, are always subject to the laws of that country; As for overseas commercial banks, this is to comply with local laws; There is a very different difference between the two.
Bank of China Hong Kong is nominally a Hong Kong branch of the Bank of China Group, but in a legal sense, it is a standard "overseas commercial bank"; Hong Kong has returned to the embrace of the motherland, and the word overseas has naturally become taboo in China.
China's state-owned banks are extremely strict in their background checks for foreign investors, and there must be many politically related additional clauses attached to the agreement. In the 80s, all the venture capital institutions led by the mainland government died, without exception.
In venture capital institutions with strong human feelings, chaotic corporate bureaucratic system, and unclear responsibilities and powers, the second generation of sisters-in-law and brother-in-law officials frequently ascended to the top and made money unscrupulously, but in the end there was no; Moreover, the difficulty of reporting corruption and bribery is comparable to that of landing on the moon! Who would dare to invest?!
As of October 00, there are only a handful of foreign consortia that have entered China/China, and there are only two pitiful ones.
IDG Capital, which entered the mainland investment in 94, was the first to enter the Chinese mainland investment market, and only invested tens of millions of dollars in the emerging network industry.
Goldman Sachs Asia Capital, a subsidiary of Goldman Sachs Group, opened representative offices in Beijing and Shanghai in 94, and only invested a little money in some emerging small and medium-sized real industries; As for large projects, sorry, not considered.
In fact, both are a group of overseas Chinese running for the motherland, relying on their connections to raise funds everywhere!
All non-Mainland passport holders (including Hong Kong passports, Macao passports, and passports of other countries or regions) who invest in projects in the Mainland are registered through HSBC, Standard Chartered Bank, 12 banks under the Bank of China Group, or local private banks in Hong Kong. Foreign governments invest in projects through the overseas branches of their own state-owned banks. The lessons of the 80s are still fresh in my mind!
"Governing the country according to law" is a long way to go!
At the same time, HSBC Bank of Hong Kong was separated from a subsidiary of HSBC Bank in 91 years, upgraded to a brother company, and at the same time as HSBC Bank of England was transformed into a subsidiary of HSBC Holdings (belonging to the Bank of England, the Bank of England, the Bank of England).
HSBC UK is listed in the UK; Standard Chartered Bank, on the other hand, is listed in Hong Kong. This creates two completely different results, when there is an exchange storm in Hong Kong dollars, pounds, and gold, the unlucky objects are different. In 92, Soros, the Wall Street predator, seized the opportunity and bit the Hong Kong HSBC bank hard, and the debt was finally transferred to the Bank of England, and the pound was unlucky; In 97, Soros bared his fangs again and bit the Standard Chartered Bank fiercely, and the Thais who were hiding behind the scenes and counted the yuan were also dumbfounded, and the Hong Kong dollar and the Thai baht fell into the pit at the same time!
Of course, Thais are different from other countries, and ordinary people have too much gold jewelry, and as long as they turn it into gold reserves, they have heard of the crisis. Due to the vigorous development of China/country in international trade, although it is insufficient in foreign exchange and gold reserves, it has finally survived the currency exchange crisis through various efforts.
It has the courage and ability to build an "overseas commercial bank", which is the embodiment of comprehensive national strength, and the standard of its own banknotes has stepped onto the world stage and become one of the priority objects of foreign exchange reserves of the central banks of other countries.
In a legal sense, overseas commercial banks can also be called offshore banks; Once a private banking business is opened, it is a standard "offshore port".
All in all, overseas commercial banks, avoiding sensitive political topics and cumbersome legal disputes, are simple and convenient to invest, and the safety of divestment is guaranteed, which is definitely the best channel for foreign consortia to enter a certain country to invest in many projects!
Hong Kong has the most complete legal system in Asia, and it has the trust of capital from all over the world. Therefore, the debt of the Bank of China in Hong Kong is not a matter of money, and the open and secret struggle behind it is beyond the imagination of ordinary people!
Once the Bank of China in Hong Kong is successfully listed, the next step can be a large number of "overseas commercial banks" such as Bank of China in North America, Bank of China in Germany, China in North America, China in Germany, China in Germany, and so on. Who can stop a huge country with a population of 1.3 billion from sweeping the world's capital (foreign venture capital) and entering the bright road of rapid development?!
A spark can start a prairie fire!
Prior to this, Ussi prepared $291.97 million in the name of "OM Fund", swept another $280 million through the largest share expansion, made a strategic plan for four major projects, and subdivided eight major companies according to North America and Asia. According to the plan, the investment budget in Asia is 280.9 million US dollars, which is the largest venture capital in any way!
The largest share expansion is the issuance of term bonds at a ratio of 51 to 49 to sweep the capital.
In fact, this term bond, and bearer stocks, although the name is different, are essentially the same, and can be traded at any time; To put it bluntly, it is borrowing with a certain amount of risk. The former is a pre-listing designation, and the latter is a post-listing designation. (To be continued.) )