Chapter 1032 Institutional Investors

Many countries and governments in the world now know that there is a bank in the world called Tadashi Mitsui, which has very strong funds, and has played a good role in the process of the collapse of the US stock market and the collapse of the global stock market.

In particular, the U.S. government and the Japanese government basically have the highest evaluation and rating of Tadashi Mitsui Bank, because in that stock market crash, the stock market that Tadashi Mitsui Bank mainly saved was the U.S. stock market and the Tokyo stock market.

In addition, at the time of the stock market crash, Zhongxin Mitsui Bank also made some loans to some large international financial banks, so that these banks that were damaged in the stock market crash had liquid funds, otherwise the form would have become worse.

As for how the Tadashi Mitsui Bank accumulated wealth before, the U.S. government and the Japanese government no longer want to and cannot pursue it, after all, the money they earned was made within the framework of the policy.

At this time, the faithful Mitsui Bank made such a gesture, if they were not interested, and then the time came to annoy the faithful Mitsui Bank and make them hostile, it would be a thing that outweighed the loss, and they would be poked in the backbone by other countries, saying that they were ungrateful, and the rules they formulated were fake.

As the head of the faithful Mitsui Bank in the United States, Kutsui is also famous in the United States.

When various high-tech companies hold shareholders' meetings or annual meetings, they can see the figure of Kutsui, after all, the amount of investment in Tadashi Mitsui Bank is huge, and it can reach the level of participating in the board of directors.

Although Kutsui does not express any opinion at most of the shareholders' meetings, the chairmen and directors of these companies have a respectful attitude towards Kutsui.

Kutsui reported to Li Zhongxin the number of shares of the companies invested by Zhongxin Mitsui Bank in the United States, the purchase price and shareholding ratio of the stocks, as well as what she had seen and heard in the United States in the recent period, and the views of American investment institutions at this time.

Jiujing knew in her heart that Li Zhongxin asked her to do these things in the United States, and she had to report to Li Zhongxin what she knew completely, and many words could not be said on the phone, but now that she had the opportunity to talk face-to-face, she gave Li Zhongxin the materials in her hand, and she was naturally able to explain these things thoroughly.

When Zhongxin Mitsui Bank did not make a big splash before, Li Zhongxin was not worried that someone in the United States was monitoring Jiujing Jizi, but after the big limelight came out, Li Zhongxin decided on one thing, an important thing, Jiujing Jizi should not report to him on the phone, he was very worried that their calls would be monitored, and those Yankees could do anything.

The amount of shares or something controlled by Zhongxin Mitsui Bank, even Li Zhongxin was not very clear at this time, because during that time, Jiujing Jizi was under his command and operated a lot.

Through the introduction of Kujing, Li Zhongxin slowly understood the reason why the U.S. stock market began to rise sharply recently.

Most institutional investors are slowly abandoning the traditional Wall Street rule of "voting with their feet and not actively participating in corporate governance."

Large institutional investors are increasingly recognizing that voting with their feet is not enough, and that it is often self-interest that suffers from adopting this approach and does little to the actions of management.

As a result, they began to take a cautious stance when voting on issues that required shareholder voting.

Institutional investors also find it unwise and unfeasible to sell stocks in practice because they are dissatisfied with the management behavior of a company, and the proportion of institutional investors in the market is increasing, often a stock has a large number of institutions holding a large number of shares, if once the company has problems, institutional investors face each other to play games, the situation may be similar to the "prisoner's dilemma".

If everyone chooses to sell stocks based on their own interests, due to the same direction of operation, it is easy for the stock to encounter liquidity risks, causing the stock price to plummet, and institutional investors cannot sell the stocks.

In other words, they all adopt a selling strategy, but the result is that the stock is not sold, and the market value of the stock is greatly lost, which is obviously not what any institutional investor wants to see.

Therefore, at this time, the optimal strategy for institutional investors is to join forces, actively participate in the operation and management of listed companies, change voting with their feet to voting with their hands, and put pressure on the management to improve the company's operation, so as to improve the fundamentals of the listed company, increase the value of the company, and increase the market value of the stock in their hands.

Managers are finding that the challengers are increasingly coming from institutional investors and some active shareholders who demand that their holdings have the ability to create value over the long term, a shift known as the institutional investor awakening or institutional investor shift.

During this period, many of America's most prominent international companies, including American Express, General Motor, and IBM, were forced to replace their key management personnel under pressure from institutional investors. After the change of management personnel, the market performance of these companies has been greatly improved.

These investment institutions invest in the form of improving the governance of listed companies by selecting a dozen to dozens of large companies in which they have invested large sums of money on the basis of market performance and analytical data provided by professional consultants, determining that there is room for improvement in their operations, sending personnel or representatives to these companies to pay close attention to them or even directly intervene in them, urging them to improve their operations, and even re-electing the board of directors and dismissing the president when necessary.

In this way, institutional investors are not simply investors, but in fact play the leading role in management. Although this approach to active management has increased the workload of the Investment Committee, its turnaround effect has been remarkable, and has been well received by the industry.

Tadashi Mitsui Bank owns more than 5% of the shares of many high-tech companies, and at this time! It can also be called a large organization, but it's not! Because Kujing did not have Li Zhongxin's authorization and did not meet Li Zhongxin, he was still not ready to cooperate with those large institutions in this matter.

Strong alliance is king, most of the institutional investors at this point in time to see the signs, many of their institutions to invest in large enterprises, occupy a lot of shares, also have a say in the board of directors, at least they can ensure that they will not see the signs of something wrong like a headless fly before, everyone is scrambling to sell stocks.

.com。 Wonderful Book House .com