. Yang Shaozong once wanted to become the best and highest administrative official in China and change the whole world, but during his time in the central government, he already understood that this was impossible. Even if he became prime minister, he would still be great Guan Jinsheng could not talk about it at all. Finally, Yang Shaozong came forward again to finalize the contract. From then on, the two sides became enemies for the first time, and the later battles became more intense. From the first head-on conflict in 1992 to the end of 1994, the two sides There have been more than 20 fierce battles in the red chip underwriting competition.
As the only two securities companies in Hong Kong that can compete with international securities investment banks, the competition between Zhongqi and Peregrine is also extremely fierce in terms of local business and Asia-Pacific business in Hong Kong.
In 1994, Peregrine's turnover reached HK$77.4 billion. Its main business came from the listing of Southeast Asian companies in Hong Kong, as well as investments and loans in Southeast Asia. Zhongqi International Investment Company's turnover reached HK$72.3 billion. The two companies still rank first. It ranks behind the four major foreign investment banks in Hong Kong: Merrill Lynch, Lehman, HSBC and CLSA.
Under the introduction of Zheng Yutong, Yang Shaozong also met Liang Baitao during his stay in Hong Kong, and finally reached a merger agreement with Liang Baitao and others. Hong Kong China Flag International Investment Company merged with Peregrine Investment Bank and was reorganized into China Flag International Investment Bank. Liang Baitao joined Zhongqi International Investment Bank serves as the president and is fully responsible for Hong Kong's banking, securities, futures and other businesses, and holds a part of the equity of China Flag International Investment Bank.
On this basis, the original shareholders of Peregrine, Cheung Kong Holdings, Temasek Holdings, and the newly joined New World Holdings Group also hold some shares in China Flag International Investment Bank. China Flag International Investment Bank also uses the listed companies of Peregrine Investment Bank Identified as a backdoor listing and officially became a member of the Hong Kong stock market.
Qian Jiawei, the former president of China Flag International Investment Company in Hong Kong, was transferred back to China Flag Group as executive vice president, and officially began to be responsible for the establishment of a branch in the United States. The curtain of China Flag International Investment Bank was finally opened, and it was continuously absorbed through various relationships. The joining of external talents, especially through the network of Professor Yang Xiaokai, Hu Zuming and others, continues to attract mainland professors, scholars and economic researchers studying in the United States to join Zhongqi International Investment Bank to work in Hong Kong.
Hu Zuming is already in the United States. While looking for suitable silicon silver e, he has invited many economists who have studied in the United States for many years to join the economic analyst lineup of Zhongqi International Investment Bank, including Wang Yijiang, a tenured professor at the Carlson School of Management at the University of Minnesota. , Li Qingkui, a national fellow at the Hoover Institution of Stanford University in the United States, and Qian Jiaying, a leading researcher at the China Economic Research Department of the World Bank.
Domestically, Zhongqi Group has also begun to transform into a pure investment bank, constantly inviting domestic economists and financial experts to serve as consultants for investment banks, and poaching senior executives from various domestic industries. The business school conducts one-year on-the-job MB further education to transform their understanding of the investment industry from the basics and prepare them to serve as senior project managers later.
Li Zhaotang and Hua Kangsheng recommended a heavyweight domestic young and middle-aged economist - Fan Gang, who has a very strange surname, but is definitely a truly super heavyweight. He is also the youngest holder of the title of doctoral tutor in social economics in China. He has long served as the deputy director and principal researcher of the China National Economic Research Institute, and is also one of the main consultant researchers on the central bank's financial policy.
Yang Shaozong had dealt with this person when he was working in the Second Secretary Bureau. He was indeed a very special person. To put it simply, he was tall, handsome, and extremely handsome. A forty-year-old handsome guy looked the same as he was thirty.
Among a group of economists who are mainly bad old men, if such a person appears in the venue, many people will subconsciously pay more attention to him.
Hua Kangsheng recommended Fan Gang because they had studied together as graduate students at the Chinese Academy of Social Sciences, and both had been sent to Waseda University to study international finance. However, Fan Gang later returned to the Academy of Social Sciences as a researcher and worked in social sciences. The Academy of Science continued to study for a doctoral degree, while Hua Kangsheng returned to Yangtze University as a lecturer, and was later sent to study modern business management again by chance.
Different roads, different lives.
At this time, Zhongqi Investment Bank accepted all comers. Xia Binhua, the former director who had just retired from the Shenzhen Stock Exchange, served as senior director and chief appraiser of the corporate financing department at Zhongqi Investment Bank. Song Guoqing, a professor at the Department of Economics at the University of Chicago, also Under Li Zhaotang's introduction, he taught at the School of International Finance of Qizhou University and also served as a macro analyst at the National Development Research Center of China Banner Investment Bank.
In Hong Kong, Yang Shaozong also personally took charge of interviews and recruited three mainland-born Asian investment banking experts, Guo Fangxiong, Tao Dadong and Xie Guozhen. Guo Fangxiong is the managing deputy general manager and chief China economist of Bank of America Hong Kong, and Tao Dadong is the Asia Department of CLSA. Senior Analyst and Head of China Economic Research Department, Xie Guozhen is Morgan Stanley Asia Pacific Co-Director and Senior Analyst of Corporate Finance Department.
??The three of them were all sent to the United States after the normalization of Sino-US relations.After completing a doctorate in the field of economics and finance, most of the publicly-sponsored international students initially worked in institutions such as the World Bank and the International Monetary Organization. Due to the impact of the 1989 incident, many publicly-sponsored international students did not return home as planned by the government. Everyone He began to look for his own way out, and gradually became the focus of investment banks.
Yang Shaozong spared no expense to recruit them back to assume important positions in Zhongqi International Investment Bank. Guo Fangxiong served as vice president of Zhongqi International Investment Bank, Tao Dadong became senior director and chief analyst of the International Finance Department, and Xie Guozhen was transferred to Zhongqi Group as project director. .
Dr. Li Haiwen, who once went to Waseda University to study with Hua Kangsheng and later stayed at Panasonic International Enterprise Research Center as a senior researcher, has been invited to return to China and serve as the chief researcher of the Modern Enterprise Management Research Center and senior director of the Enterprise Consulting Department. At the same time, he is working in Qizhou Served as an adjunct professor at the Business School.
Zhongqi Group is growing crazily on another level. Through the merger with Peregrine, Yang Shaozong has extended his tentacles into the entire Southeast Asia and has licenses to operate investment banking businesses in 11 surrounding countries. Through these branches, Yang Shaozong is seeking to further acquire The foreign bank license has gradually extended Zhongqi Bank's business to Southeast Asia.
At this time, he had already begun to make overall plans for the Southeast Asian financial crisis. As the best researcher on international futures and hedge funds in China, Tian Yuan, the senior manager and senior analyst of the International Futures Department of Zhongqi International Investment Bank, had already gone to the United States for inspection. And absorb some hedge fund analysts and brokers, and study at Tiger Fund for half a year. The price is that he will be responsible for submitting an analysis report on the long-term policies of China's futures market for Tiger Fund.
Yang Shaozong did not hesitate to spend a lot of money to invite Tao Dadong here, also to quickly expand China Flag International Investment Bank¡¯s analysis, financial leverage, hedging and other businesses in the field of international financial flows.
In response to the financial crisis in Southeast Asia, Yang Shaozong's regulations for Zhongqi International Investment Bank are very simple. Investment in Southeast Asia should focus on short-term financing and securities markets. First, we must do a long-term economic analysis of each country's market, and then gradually consider expanding the scope of investment. Do not Involving long-term investment projects such as real estate and industry that are difficult to sell.
In addition to the local executives originally hired by Peregrine in Thailand and other places, Yang Shaozong conducted interviews with senior managers of Zhongqi International Investment Bank in various places one by one, and spared no expense to hire senior managers who were more experienced in various branch markets. , analysts, economists.
At the same time, he merged with a local advertising company in Hong Kong to provide more comprehensive analysis, consulting and design services in terms of image, marketing strategy and other aspects for its subsidiaries, equity shareholders and cooperative enterprises. ro! .