Rebirth of the World’s Richest Man

Chapter 3605 Make some money

“Director Jiang.” Zhang Tingting took Mr. Huang into Jiang Xiaobai’s office and looked at Jiang Xiaobai saying hello.

Jiang Xiaobai nodded: "Mr. Huang is here, sit down."

Jiang Xiaobai poured a cup of tea for Mr. Huang, got down to the topic without saying too much, and asked directly: "Why are you so anxious to see me about something important?"

"Director Jiang, China Construction Bank is preparing to be listed in Hong Kong. We are currently discussing private placement with Bank of America and Temasek. I think we can also get involved in this matter. China Construction Bank is our mainland bank. I have studied it. Yes, our mainland banks have monopoly reasons and support from above.

As long as we can get the original shares, after the bank is listed, we will only make a profit without losing money. There is no choice between profit and loss, only how much we make. "

Mr. Huang said as he took out a piece of information, which was from the four major state-owned banks.

"The transformation of these state-owned banks began in the late 1990s. In 1998, the financial department issued more than 200 billion in special government bonds to inject funds into the four major banks, and in 1999, the four major banks were allowed to Glass has 1.4 trillion in non-performing assets. In the past two years, another 45 billion US dollars were used to inject it into China Construction Bank and another of the four major banks. Now the Tier 1 capital adequacy ratio of the four major banks has reached It has reached 8% or even higher, while the non-performing loan rate has dropped to less than 5%.”

Mr. Huang paused and continued: "If it turns out that the non-performing loan ratio of these banks is too high and the capital adequacy ratio is too low, even if the bank is listed, it will be unsustainable.

 But things are different now. Now the four major banks have taken on a new look and have completely shed their historical baggage. I think they are very valuable for investment.

 As long as it is listed, it will at least double the income. I think it is time to sell the income. Instead of letting other foreign investors make this money, it is better for us to sell it and make some money. "

Although Mr. Huang is talking about making some money, in fact everyone knows that with the capital of the four major banks, this is not a small amount of money.

This information is not difficult for Jiang Xiaobai to understand. He knows the general meaning of the capital adequacy ratio, but he cannot understand some specific data and the like.

 But this does not prevent him from knowing how profitable these four major banks will be after they are listed.

However, Jiang Xiaobai has always known that making money or not has nothing to do with Huaqing Holding Group. It is a matter of foreign investment. Just like some domestic industries, state-owned is a monopoly, and the order of opening up is first foreign investment, then private of.

 Some countries have even opened up to foreign investment, but do not allow private enterprises to enter.

In this case, Jiang Xiaobai had never thought about it, but now that Mr. Huang mentioned it, he found that he seemed to have a hand in it.

These four major banks are actively seeking to go overseas, and Huahua Bank is overseas capital. Although Huahua Bank is controlled by itself, Huahua Bank is not a domestic private enterprise.

This is true for everyone. Huahua Bank is registered in the archipelago, with its headquarters in Moscow in the north and its branch in Xiangjiang.

Moreover, various countries are very influential in Ouzhou and Southeast China, and they are definitely pure foreign capital.

Other foreign investors can participate in one share, so why can’t foreign investors in their own country participate in one share? Who will earn this money? Besides, if I earn this money, I still invest it in China at that time, which can drive the development of the country. The economy will be able to solve the employment problem. "Please tell me in detail, what is the situation now?" Jiang Xiaobai said: "The Bank of America and Temasek you mentioned before, what is the situation of these two companies? And what is the negotiation between China Construction Bank and these two banks? to what extent?"

Since you are going to take a hand, you must investigate clearly.

Mr. Huang has already prepared this information. He has been thinking about it for a long time. Otherwise, he would not have rashly reported it to Jiang Xiaobai.

Mr. Huang took out two thick documents from his bag and handed them to Jiang Xiaobai.

At the same time, he introduced: "Director Jiang, this information is the detailed information of the two companies we have collected. However, there is too much information, so I can briefly introduce it to you."

"This Bank of America was formerly the Bank of Italy founded by Italian immigrants in 1904. In the early days, it mainly engaged in the deposit business of Italian immigrants from the Pacific Coast states. Later, it gradually absorbed deposits from the middle and lower classes and provided mortgage loans to small and medium-sized enterprises. and extending consumer credit, the business developed rapidly.

 In the 1920s, the Bank of Italy had become the largest bank in the western part of the country. In 1929, it merged with the American Bank of California and changed its name to the National Trust and Savings Bank of America.

 This company has a very long development history. During the Second World War, the company developed rapidly. Now the main controlling party is controlled by a California consortium.

It is very strong in terms of strength and is also very powerful in foreign countries. It has more than 1,200 branches and about 800 subsidiaries and affiliated institutions. In addition, there are 27 institutions and representative offices abroad that specialize in corporate banking business. Overseas institutions cover 77 countries and regions. "

Mr. Huang said with a look of envy on his face. Huahua Bank has only been established for a short period of time and is still a little short of its current scale.

However, Mr. Huang is also very confident that he will catch up with Bank of America within the next ten or fifteen years.

Jiang Xiaobai nodded. These foreign consortiums and institutions have a long history of development. They are different from domestic private enterprises. The longest development period of domestic private enterprises was from 1978 to now. Just a short period of more than 20 years.

This was still the first few years in 1978. Although historically speaking, it was considered a reform at that time, in fact, at the beginning, it was gradually liberalized, and the policy was always wavering. Many people were unsure about the future. Very confused.

 From a planned economy to a market economy all of a sudden, everyone was a little overwhelmed.

 In fact, the real development time should be counted from 1992, and the company has only developed for more than ten years.

In the past ten years or so, we have also gone through several macro-controls, and some industries have not yet allowed private enterprises to enter. In fact, development is very difficult.

 Compared with foreign consortiums that have decades or hundreds of years, it is really a bit weak.

“Continue, what’s going on at Temasek?” Jiang Xiaobai poured another cup of tea for Mr. Huang and asked. Even though Bank of America is strong, Jiang Xiaobai is not afraid. He has the home field advantage.

 (End of this chapter)