Rebirth of Xiangjiang: Across the World

Chapter 390
Fuxing Bank added more than 7000 new users on the first day, with savings of 2.1 million. This result is undoubtedly excellent.

Fuxing's interest rate is on par with HSBC, and it does not attract savings through high-interest discounts. If the interest rate is raised slightly, there will only be more users who save.

Zheng Yaoyang also became the second Chinese to challenge HSBC since the opening of Xiangjiang.

Somehow, it seemed destined, because the last challenger was Zheng Yaoyang's grandfather, Bao Yugang.

It's just that Bao Yugang didn't win last time, nor did he lose, as if he chose to compromise.

From 80 to 86, Bao Yugang launched a total of three battles, namely the acquisition battles of Wharf, Wheelock, and Standard Chartered Bank.

In the three classic battles that are enough to be recorded in textbooks, Bao Yugang was almost miraculous, achieving two victories and one tie, and also created a legend of the ship king abandoning his boat and landing.

Wharf and Wheelock both won big victories and successfully controlled the holdings. Only the battle of Standard Chartered Bank was considered by the public to be a symbol of compromise.

Zheng Yaoyang intended to challenge the authority of HSBC, so he approached his grandfather and asked what was the truth at that time.

Grandpa recalled the past, and now he can face it calmly: "It's okay to say it's a compromise."

Starting a bank is a good business, he had already realized it when he was the vice president of Mordu Bank.

"50 years ago, my grandfather was working as the vice president of a bank in Shanghai. It was only when the war broke out that the whole family followed your grandfather to Xiangjiang." Grandpa explained.

The three classic battles rumored in the market, in fact, can only be regarded as two more accurately.

In the early 80s, he teamed up with Li Jiacheng to defeat the old British-owned Jardine Matheson head-on, which is considered one.

The latter Wheelock and Standard Chartered can only be regarded as one, because both have the existence of HSBC.

Bao Yugang came to the backyard and talked about the beginning: "At that time, you were still young and you were not in Xiangjiang. You didn't know the status of British capital in the hearts of Hong Kong people. It was like an unattainable mountain in front of you, and a lingering nightmare in front of you."

The shipping industry seems to have a cycle limit, basically every ten years, and it has entered a cold winter for various reasons.

At the end of the 70s, when the shipping winter was beginning to appear, he could only abandon the boat and land with the mentality of breaking the boat.

Even if they fail, they are mentally prepared to flee to Baodao, or move their family to Xinjiapo.

But Bao Yugang didn't expect that when they defeated the Xiehe company head-on and waited for the Hong Kong British government to intervene, Hong Kong Ying chose to remain silent.

This also made Bao Yugang realize that the British Empire, which claims that the sun never sets, will eventually become a paper tiger.

At that time, he was swollen to the limit, basically the same as Zheng Yaoyang now.

Bao Yugang knew that land was not enough, and he needed a suitable real estate group, so he immediately moved to Wheelock.

It was during that time that he met the previous chairman of HSBC at a reception.Become a director of HSBC and develop an interest in the banking industry.

HSBC is half of the central bank, and it is also a direct descendant of the Hong Kong British line. It is basically impossible to break through from the inside.

Bao Yugang took aim at the weaker Standard Chartered Bank, intending to challenge the authority of HSBC in Hong Kong by taking control of Standard Chartered Bank.

The initial plan went smoothly. Bao Yugang successively held 14.5% of the shares of Standard Chartered. He only needed one more step to enter the board of directors and seize power.

Realizing that something was wrong, HSBC hurriedly asked Hong Kong Ying to suppress Bao Yugang, restricting Bao Yugang from buying shares in Standard Chartered Bank, and at the same time planned to encircle and suppress the property under his name.

Coincidentally at that time, Bao Yugang was diagnosed with cancer and knew that his time was numbered and there was no need to risk his life. If he failed, it would only leave hidden dangers for future generations.

After calculating gains and losses and having friendly negotiations, Bao Yugang finally chose to compromise, only becoming the largest individual shareholder of Standard Chartered, without any further plans.

"HSBC is Daiying's last card in Hong Kong. If you really have an idea, I suggest you decide later."

While Bao Yugang was talking, he picked up the scissors to trim the branches of the green plants in the yard at the same time, he did not persuade Zheng Yaoyang to give up like Su Haiwen did.

Today is different from the past. Judging from the international situation in recent years, the weakness of Daiying is visible to the naked eye, and it has long lost the glory of the empire on which the sun never sets.

Zheng Yaoyang is not what he was back then, and HSBC is not what HSBC was back then, so there is a possibility of success.

At the same time, he also hoped that Zheng Yaoyang could accomplish what he hadn't accomplished at the beginning.

Zheng Yaoyang didn't know there was such a story, he pondered for a long time, and decided to change from touching his buttocks to test the situation, to spanking his ass, and even stealing his house.

If the plan is changed, it is necessary to take a long-term plan, so as not to miss the opportunity due to insufficient preparation.

He picked up the shower on the side and watered the flowers and plants in the courtyard: "Grandpa, are you going back to the mainland this year?"

There is still half a month before the Spring Festival. According to previous years, my grandfather would go to the mainland to see his parents and fellow villagers.

"It is said that 73 is a hurdle, let's talk about it if we can get through it, and we won't go back and cause trouble for others."

Bao Yugang never believed in ghosts and gods in his life, but he still couldn't help pinning his hopes on ghosts and gods.

He is very aware of his condition, an asthma attack, a myocardial infarction, and he can take him to see Hades at any time.

If he dies of illness in the Mainland, it will only hurt the neighbors.

He was upright all his life, worthy of his family and the country, and he didn't want to bear the infamy after death.

Zheng Yaoyang looked depressed,
July three, eight four, the King of Hades doesn't invite himself to go,
Grandpa did not survive this autumn.

"Okay, don't show that bad look, it's time to get busy, it's not too late to cry after I'm gone."

Bao Yugang showed displeasure, and waved away. He didn't like the way his family members were crying, as if they were reminding him that time was running out.

"Grandpa, I'll see you again in a few days."

Zheng Yaoyang couldn't laugh or cry, so he had no choice but to leave.

Fuxing Bank had just opened, and Liang Xiaonian from the Modu Communications Bureau also came to the news that Rogers had to settle the accounts.

During this period of time a year ago, he would indeed be busy.

Leaving the villa in the middle of the mountain, Zheng Yaoyang went to the headquarters of Fuxing Bank in East Tsim Sha Tsui.Inform Wade that the interest rate on savings will be adjusted early next year, and the financing channels for enterprises will be liberalized.

And from now on, take out one billion US dollars, enter the Hang Seng Index one after another, and start building positions at low positions.

At the beginning of next year, he will formally declare war with HSBC. If grandpa failed to do it, he will do it.

Wade was overwhelmed when he heard that, he thought that being in Xiangjiang was just for retirement, but he didn't expect to be able to participate in this matter, and he was still the number one assistant.

If it succeeds, it will definitely be famous in history.

The next day, after explaining Xiangjiang's matter, Zheng Yaoyang went to Shanghai without stopping to discuss cooperation matters.

Only one Pengcheng is not enough for the leaders of other key cities to rest assured. After all, the only special economic zone in the country has different policies and does not have reference value.

However, if another Magic City is added, the situation will be very different. With the Magic City as the center, the Yangtze River Delta can be radiated, so that the Pearl River Delta can also make choices as early as possible.

When the cooperation between Shanghai and Shanghai is settled, Zheng Yaoyang intends to let Xiangjiang Telecom start the financing plan, let Fuxing Bank become a shareholder, and carry out cross-control of the shares.

Because we have talked several times before, the negotiation process is very smooth, except for some sparsely populated islands, the estimated coverage area is 6300 square kilometers.

The area of ​​just one city has reached more than four times that of Xiangjiang Aomen and Pengcheng, so the investment amount this time has reached 18 billion yuan.

Share allocation As mentioned before, Shanghai Communications Bureau holds 66.7% of the shares, and Xiangjiang Telecom holds 33.3% of the shares.

Except for the profits in the first three years, 20% of the annual net income will be used for dividends every year thereafter.

Heung Kong Telecom needs to invest 6 million yuan and provide related technical support, and don't need to ask anything else, just be an individual shareholder honestly.

The contract between the two parties was signed in the morning, and Modu Mobile Communication Co., Ltd. was formally established in the afternoon.

Just seeing the name of the company, Zheng Yaoyang showed a strange expression, Liang Xiaonian asked: "Mr. Zheng, is there a problem?"

"fine."

When Zheng Yaoyang saw the word China Mobile, he thought of the three major operators that appeared one after another after the millennium.

If you can still hold a certain amount of shares after the millennium integration, you don't have to worry about breaking your legs.

Liang Xiaonian asked again: "Mr. Zheng, do you have any plans for this afternoon?"

Zheng Yaoyang heard the implication: "I should be fine this afternoon, but I have to go to Tokyo tomorrow."

Liang Xiaonian said: "I don't know if you have paid attention to the news about the opening of the Shanghai Stock Exchange last month?"

"Sorry, I haven't paid much attention recently."

"Understandable, it's actually like this..."

Liang Xiaonian was entrusted to tell Zheng Yaoyang about a series of things that happened after the new stereotyped shares went public.

It has been less than a month since the Shanghai Stock Exchange opened, but the total market value has swelled by more than five times.

The frenzied mood of the stockholders made them fearful, so they found Zheng Yaoyang after a sudden illness.

Those financial experts are unreliable, and they usually have one set of theories. When encountering this situation, they collectively misfire.

Zheng Yaoyang was not only speechless, he had heard about the power of old stereotypes, but this was the first time he had seen it.

After pondering for a moment: "Perhaps we can add a limit to the price increase and decrease, so that shareholders can have a cooling-off period."

Although the T+1 trading method is cheating and purely treats investors as leeks, it is the most suitable for China's national conditions.

Zheng Yaoyang also has his own selfish intentions. They will attack HSBC early next year. If restrictions are imposed on Big A in advance, the funds will flow into Xiangjiang earlier.

Numerous mainland companies in later generations rushed to go to the Hang Seng Index for listing, on the one hand to raise US dollars, and on the other hand to have a free trading environment.

Liang Xiaonian's eyes lit up: "Mr. Zheng, why don't you wait a moment, I'll call Lao He over."

He Tao, the chairman of the China Securities Regulatory Commission, is the real master, and he is just a person who helps to lead the conversation.Let him come over to understand the situation in person, so as not to make mistakes in the relaying process.

Liang Xiaonian knew that Zheng Yaoyang was a tea lover from Chaoshan, so he had already prepared the Dahongpao of Wuyi Mountain in the reception room.

The two drank tea and chatted, Zheng Yaoyang also revealed a key news, the mainland communication market is also included in the investment plan of Woodpecker Fund.

A fiery color flashed in Liang Xiaonian's eyes. It is no exaggeration to say that Zheng Yaoyang now has more funds than the country's foreign exchange reserves.

189 billion US dollars, even if only one-fifth is invested in communications in the mainland, at least it can fully cover the Pearl River Delta and the Yangtze River Delta.

If he can take the lead and let China Mobile's signal cover the Yangtze River Delta, it will be a great political achievement.

Not long after, He Tao hurried over, and the two met once at a financial symposium.

He Tao has a straightforward personality, and with a few simple and polite words, he asked how to implement the price limit.

These days, the stock market is skyrocketing every day, and even a mandatory suspension will not work.They hope that the market can develop benignly, rather than everyone holding speculative ideas.

"Regardless of the Hang Seng Index, S&P, and Dow Jones, they all adopt the T+0 trading method, short and long, and trade on the same day."

Ten years after Zheng Yaoyang moved out, the complete A-share system: "If Mr. He is worried that the market sentiment is too frenzied, he can use the T+1 trading method, and set a limit on the price increase and decrease, as well as a circuit breaker mechanism."

"What is T+1? What is price limit? What is circuit breaker?"

The nouns Zheng Yaoyang mentioned were too novel, and some He Tao had never even heard of them.

Zheng Yaoyang took a sip of tea, and slowly explained: "T+1 is to buy on the same day and only sell tomorrow, which is convenient for control and directly eliminates speculators in the market."

"As for the price limit, a certain price limit is set every day. Once the price rises or falls beyond this limit, the stock cannot be traded."

"The circuit breaker can also be called an automatic suspension mechanism. When the volatility of the stock index reaches the specified circuit breaker point, it is a measure to suspend trading to control risks."

Zheng Yaoyang said with a sigh: "These three plans, although they can try to prevent the emergence of speculators, will also make the market completely inactive."

He Tao was stunned for a while, and couldn't help but slapped his thigh, full of praise: "Mr. Zheng, you are simply a god."

He suddenly shook Zheng Yaoyang's hand and said excitedly, "Mr. Zheng, on behalf of the Shanghai Stock Exchange, I sincerely invite you to be our honorary advisor."

The three plans seemed to be tailor-made for them, and he didn't care if the market would lose its activity.

The speculation in the early years is vivid in his memory. These days, he has been worried that the Commission for Discipline Inspection will suddenly come to him.

Zheng Yaoyang shook his head and refused: "I'm sorry, I'm afraid I can't agree, and I don't want you to make it public. These proposals are proposed by me."

He recently raised US$189 billion and became an advisor to the Shanghai Stock Exchange in Shanghai. It is hard not to let investors think too much.

This kind of thankless effort is just a nameless thing, whoever wants to do it, he will not do it anyway.

He Tao was stunned, he didn't expect Zheng Yaoyang to refuse so simply, he was speechless for a moment.

Liang Xiaonian smoothed things over with a smile: "Lao He, it's not like you don't know that Mr. Zheng is very busy on weekdays and will fly to Tokyo tomorrow, so it's understandable that he doesn't have time."

He and He Tao are not in the same department, and the help is just a matter of convenience, but they will never offend Zheng Yaoyang for him.

He Tao smiled wryly, as if he had thought of the reason: "Mr. Zheng, I'm sorry, I was the one to be abrupt. Could you tell me more about the T+1 trading system?"

Zheng Yaoyang smiled and continued, "The T+1 trading system is to artificially create a one-day cooling-off period. At the same time, it castrates the market and makes investors lose the right to short the market."

The essence of T+1 is to enclose the land and create a long-lasting leek garden artificially. It is extremely unfriendly to Xiaosan, but it is very easy to manage.

Otherwise, it would not have been implemented since 95, and in the following decades, it has been improving on the original basis.

Including the science and technology innovation board that appeared later, it only appropriately relaxed some price limits, from 10% to 20%, and the essence remained unchanged.

　today's chapter

　　
　
(End of this chapter)