My fintech empire.

Chapter 1362 [The East is the only remaining spark]

In the past three days, the net inflow of foreign capital exceeded 1600 billion yuan, and there was no capital component from Angsa and Squid Capital Group. The reason is that they do not want to assist the Singapore Exchange.

So it's really schizophrenia. They want to have a piece of the pie, but they don't want to assist the SGX market. But as long as they come, they will definitely assist it in fact. If they don't come, they can only watch others eat such a generous piece of cake in the SGX market. Isn't this infuriating...

Among the net inflows of funds in the SGX market over the past three days, there is no trace of the three major investment giants BlackRock, Vanguard and State Street, because the controllers behind these three giants are Angsas Squid.

These three asset management giants almost monopolize all major industries related to food, clothing, housing and transportation in the world. It can be said that only the big Eastern countries are not controlled by them.

The three giants have extensive influence in all walks of life in countries around the world, such as food and beverages, Internet and home appliances, automobile and aircraft manufacturing, oil and energy, global chemical industry, biomedicine, entertainment newspapers, news industry, textile industry, clothing industry and many other fields. Behind many well-known companies and brands in these fields are the presence of these three giant capital groups.

BlackRock, Vanguard and State Street together control nearly $13 trillion in assets. What does $13 trillion mean? Specifically, all the sovereign wealth funds in the world combined cannot reach this scale, and the value of the global mutual fund industry must be multiplied by 3.5 to be comparable.

The latest data shows that these three capital giants together have become the largest shareholders of 40% of the listed companies in the entire North America. The total revenue of 1700 North America companies exceeds 10 trillion US dollars, the total market value exceeds 19 trillion US dollars, and the number of employees exceeds 2400 million.

In the North American large-cap stock benchmark S&P 500 Index Fund, these three capital giant groups have become the largest shareholders of 90% of the S&P 500 companies, such as Apple, Microsoft, ExxonMobil, General Electric, Coca-Cola, etc.

Globally, only the Eastern powers can escape the disaster. Although these three capital giants hold a small number of shares in some Internet and physical enterprises in the mainland, it is gratifying that they have not reached the level of controlling or controlling. In particular, the well-known large companies are either in the hands of Guo Jia's team or in the hands of the stars.

But other parts of the world are not so lucky. An astonishing fact is that these three Northern Magnesium investment companies, through clever shareholding methods, control more than 70% of the world's large companies.

The biggest "trump card" of these three giants is that they use the strategy of "cross-holding", that is, Company A holds shares in Company B, and Company B also holds shares in Company A, and the two companies form a pattern of mutual shareholding. Once this relationship is established, it is difficult for the outside world to distinguish who is the master and who is the servant, and who controls whom.

The Big Three have used this ambiguous shareholding relationship to deploy their subsidiaries in most industries around the world, building an unfathomable network.

This phenomenon of covert manipulation is undoubtedly most evident in European companies. More than 95% of European listed companies have intricate shareholding relationships with these three giants. In a sense, European local companies have become "internalized."

In order to seize shares of European companies, the three giant groups in the United States have resorted to shady means. On the one hand, they took advantage of the Federal Reserve's monopoly on issuing dollars to print money and make acquisitions. On the other hand, they manipulated the EU's policies to force European companies to open their capital markets. In the end, a large number of European companies were forced to sell their shares in exchange for cash flow.

Rather than the West, the so-called developing and emerging market countries other than the Eastern powers are facing an even more miserable situation. Countries like Brazil and Mexico have their drinking water and food security controlled by the three giants, and have almost become economic vassals of the "insider group".

The Eastern giant is currently the only country in the world that is fundamentally resisting the expansion of financial capital of the Big Three Magnesium Group. This stems from both the country's policy leadership and the high vigilance of domestic entrepreneurs.

In a sense, the three giant capital groups of Beijing and Shanghai have indirectly controlled people all over the world in an obscure way, leaving only the Eastern superpower as the only spark in the world.

From the perspective of financial capital, nowadays only a new giant rising from the Eastern world can compete with it, that is the Qunxing Group established ten years ago.

According to the 2017 annual report data, the asset scale of the Star Group has reached 42 trillion, equivalent to 6.15 trillion US dollars. Compared with the sum of the three major capital groups in magnesium, it is half of that. However, if calculated according to purchasing power parity, it is absolutely not inferior to the three major groups in magnesium, and it can even have a considerable advantage.

But the actual situation is much more complicated. From the perspective of group influence, the Qunxing Group is obviously much weaker, because Qunxing's influence is currently mainly in Greater China, while the influence of the three major capital groups of Magnesium is global, of course, except for the Eastern powers.

The international influence of the Star Group is still unable to compete with it, but in China, all three together are useless.

In addition, the number of employees of Qunxing Group has reached 1400 million. This is data in a narrow sense, which refers to employees recognized by the parent company Qunxing and also employees of the holding subsidiaries. This part clarifies who is the master and who is the servant.

Broadly speaking, if we count all the companies in which Qunxing Capital has invested and holds shares, the number of employees is definitely over 3000 million, much more than the 2350 million employees of the Big Three.

The Qunxing Group is similar to the Big Three in some ways, but the biggest difference is that Team Guo Jia holds 40% of the shares of Qunxing, and Team Guo Jia also holds shares in some important subsidiaries of Qunxing. For example, WeChat has shares held by operators, and Jiuzhou Blue Arrow also has shares held by two major aerospace giants.

Judging from the final asset equity structure, Guo Jia's team as a whole owns far more than 40% of the assets of the Qunxing system. This is also the fundamental reason why the Qunxing system was able to rise in the East, reach its current scale, and continue to grow.

With the Greater China market as its absolute base, Qunxing can ensure its invincibility. Although its current international influence is not as great as that of the three giants in magnesium, Qunxing cannot always stay in the mainland, and going global is inevitable.

During the air show last year, several companies under the Qunxing Group, such as Bionic Dynamics, signed huge military procurement orders with several countries including Tuhao, which was a notable event that marked the beginning of the internationalization of Qunxing companies.

And this is just the beginning, the waves will only get higher and higher in the future.

Strictly speaking, Qunxing had already been actively planning its global market seven years ago, but at that time they acted very low-key, even secretly. They had no choice but to do so. If they acted high-profile, they would be exposed in seconds, so they had to keep a low profile.

But things are different now. The reason why last year's military procurement order became a landmark event was that it was no longer low-key. I just did it, what can you do to me?

And this year, as the domestic semiconductor industry chain has achieved a breakthrough, it will be even less likely to be low-key. It will be impossible to be low-key any longer, and its strength will not allow it to be low-key any longer.

……

(End of this chapter)