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Volume 1: Miracle on Qishan Chapter 187: Asian Financial Crisis (3)

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    In the middle of the night on May 7, Yang Shaozong finally got the news Dongfang Oil and Gas Co., Ltd., which has a background of China State Investment Holding Company, won its first concession license with a shocking quotation of 100 million RMB.

    Really, at that moment, Yang Shaozong just felt dizzy, confused, and a little confused. He even felt that the quotation he submitted in the morning was a bit too high. He did not expect that a large enterprise with a central enterprise background would not pay money.  As money.

    What¡¯s the point?

    Doesn¡¯t China State Investment Holding Company already have the CNOOC license?

    This is enough to show that although Premier Rong and the central economic decision-makers are doing their best to promote the transformation of China's state-owned capital from state monopoly to state capitalism, these vested interests have no intention of making any concessions.

    They have plenty of ways to deal with both positive and negative consequences.

    ?It is said that the assets of Zhongqi Group are huge, and the entire net worth is not as big as that of PetroChina.

    ??????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????? away from the money you make. You are engaged in comprehensive investment operations, it is impossible to spend all your money on oil, right?

    "However, Yang Shaozong has no room for retreat.

    Because you have to at least give me a stage. Even if it¡¯s one versus four, I¡¯ll admit it. Isn¡¯t that too shameless if you don¡¯t even give me a chance to participate?

    On the morning of the official participation in the second round of bidding, several si business owners and joint-stock energy company CEOs called Yang Shaozong. The implication was that they couldn't afford it. The bet to start this game was dozens of dollars.  With a capital of 100 million, we still don¡¯t know how much more we will need to invest in order to compete with our competitors.

    How could Yang Shaozong afford the gamble, but he had to get a chance to break the framework of state monopoly.

    He did not participate in the auction in person. The person who participated in the auction on behalf of China Petroleum Company was Yang Jianlin, and Yang Jianlin was promised that he would have no problem winning it within 10 billion This promise was given by Yang Shaozong.

    It¡¯s not a good thing for everyone to make Yang Shaozong angry.

    It is said that there are 54 joint-stock companies participating in the competition. In fact, only three companies really dare to make quotations. China Everbright Petroleum Holdings Company, a joint venture between China Merchants Group and Everbright Group, and Xinhua Petroleum Investment Company, a joint venture between PetroChina and various local state-owned assets supervision and administration agencies and several local petrochemical companies.  , China Petroleum Co., Ltd., which is mainly owned by Zhongqi Group.

    It was a battle to get started, with three companies competing for bids in succession. China Everbright Oil Holdings first retreated at a price of 3.3 billion. In the end, Yang Jianlin won the last license at a price of 100 million.

    lost heavily.

    ? ? Everyone originally expected it to be around 1.5 billion, which is already a sky-high price.

    A franchise license can be sold for such a sky-high price. This probably really allows the Chinese people to see how strong the Chinese monopoly groups are. The Zhongqi Group they say they are strong, but in fact they are just childish in front of these groups.  , not even comparable to someone else¡¯s little finger.

    Finally, a new oil company was born with China Industrial Holding Group as its major shareholder and China Flag Investment Bank, China International Trust and Investment Corporation, Yangtze River Industries, Fuqi Group, and New World Industrial as its major shareholders.

    We spent 100 million RMB to obtain a license that allows the exploration and trading of oil in the country. Is this price too high?

    High, but it is enough to show that domestic oil is a hugely profitable industry, and neither PetroChina nor Sinopec are willing to give you this opportunity to intervene.

    This is really not an industry that ordinary private capitalists can play with. It costs billions to buy a license.

    Things are already like this, whether you are happy or unhappy, it is already a thing of the past.

    After buying this license, Yang Shaozong left the capital without looking back and went to Hong Kong to face the biggest challenge in his life. Before leaving the capital, he held one last consultation with Director Chen Guangming of the National Development and Reform Commission on China¡¯s real estate reform.

    Yang Shaozong¡¯s proposal is to directly raise property taxes. If an individual holds a commercial house with an area of ??more than 150 square meters, a property balance tax of 15% will be added, and if the area exceeds 300 square meters, a property balance tax of 25% will be added. At the same time, if an individual purchases his first home,  A down payment of 30% must be paid, and a down payment of 70% must be paid for the second home. The constraints on property tax and down payment cannot be relaxed.

    In terms of banks, any bank¡¯s real estate loans shall not exceed 25% of the total loan amount. If it exceeds this scale, the central bank will directly control and intervene and prohibit the issuance of additional real estate loans.

    Yang Shaozong¡¯s opinion is very simple. It won¡¯t work without restrictions. China¡¯s urbanization process is growing rapidly. Twenty million people become urban residents every year. In addition, among the original urban residents who lack housing and the new urban population, there are also housing  The population in old cities with insufficient space, all in all, shows that China has a rigid demand for at least 15 million housing units every year.?¡¯s index contract is short-sold from 20,000 points and settled in one year. If the Nikkei 225 falls below the psychological mark of 13,000 points, a total investment of 20 billion US dollars in 60,000 short orders can earn more than 10 billion US dollars in huge profits.  .

    This is a real huge profit.

    Zhongqi Investment Bank has no intention of buying the shares of Hokkaido Bank. They bid at a high price, forcing their rival Beiyang Bank to take over the offer at a high price. At the same time, they buy Beiyang Bank's share price. As long as Beiyang Bank's takeover becomes a reality, they will sell off Beiyang Bank significantly.  shares caused Beiyang Bank¡¯s share price to collapse.

    This is why Zhongqi Investment Bank endured heavy losses and acquired the insolvent Sanyo Securities.

    ¡°Once Beiyang Bank and Credit Bank, two of the top ten banks, go bankrupt, the entire bank stock market will be hit hard, and the Nikkei 225 will have a good show.

    No matter how much he earns on Nikkei, Yang Shaozong will have to invest in Hong Kong stocks and hedge funds again. He will buy as much as the other party sells. If you sell short, I will buy up, and then concentrate all financial resources to fight against the odds. As long as the Hong Kong stock price is raised from 7,000 points  If it reaches 10,000 points, both Tiger and Quantum Fund will be liquidated and bankrupt.

    If it can reach 12,000 points, not only the hedge funds will be liquidated, but also the international investment banks behind the hedge funds, especially the investment banks and guarantee banks that invest in parent pool funds in hedge funds and provide credit leverage lending to hedge funds, will be greatly implicated.  , this bo is enough to make everyone spit out all the money they earned before.

    Yang Shaozong¡¯s strategy is very simple. Continue to borrow U.S. dollars. As long as hedge funds short-sell Hong Kong dollars, Yang Shaozong will buy as much as they sell. All the Hong Kong dollars they buy will be spent to buy stocks in Hong Kong stocks.

    At the critical moment, he was actually able to obtain more than 10 billion U.S. dollars in short-term financing through China International Trust and Investment Corporation and China State Financial Holding Corporation. This was approved by the central government, and Wang Yong and Yu Shuwei would not give him a pass.  Discount.

    A financial war of the century is just around the corner. Both sides have been planning for a long time and are bound to win.  ro!  .
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