Rebirth of England

"Your Highness the Duke, according to current statistics, the cumulative number of spectators in the three-day F1 Magic City race has reached 260,000. What do you think of this?"

In the program "Sparkling Life", there will be many interviews interspersed. After following Barron to shoot some materials of the F1 Magic City race, Bonnie and Barron had this conversation in the Yan's Garden. Face the camera.

"Yes, we are very happy to see that at F1's Magic City Station, the cumulative number of spectators during the three-day race exceeded 260,000. This shows that China is not a country without a racing atmosphere. This news, whether it is for the F1 Group , it is also exciting for Pioneer Sports Group..."

Barron smiled and said:

"In addition, you may know that earlier this year, Manchester United also took advantage of the break between seasons to make a trip to Asia. China was also the most important destination. They also gained countless fans here. The activities in China have been very successful. For Pioneer Sports Group, the development of the Asian market has always been what we attach great importance to. I personally believe that sports, an activity that can inspire enthusiasm, can attract people around the world. Generate similar resonances and increase communication and understanding between each other.”

After the F1 Group merged with Manchester United to form Pioneer Sports Group, DS Capital still holds 60% of the shares of this sports group. Therefore, both Barron's enthusiasm for the F1 game and his concern for Manchester United are understandable. .

Regarding this F1 Magic City race, according to previous surveys, Schumacher is the most famous F1 racing driver in China at this time. In many people's understanding, Schumacher even represents F1...

It can be said that among the more than 260,000 spectators who came to the F1 Magic City race this time, most of them came specifically to see Schumacher!

However, it was not Schumacher who finally won the F1 Magic City race, but Barrichello who stood on the highest podium. This disappointed many people, but at the same time, it also gave more people a new understanding of the F1 race. I got to know each other and had a new idol.

No matter what, this competition in Shanghai will be a good start for the formation and development of "F1 culture" in China.

"In addition, in addition to the F1 Magic City race, what other arrangements will you make when you come to China this time?"

Last night we had an intimate "learning knowledge" together. Now that Barron saw Bonnie in front of him, interviewing him seriously as a host, he found it very interesting.

"I still have some investments in China, including several Internet companies, as well as hotels and manufacturing plants. I will take this opportunity to inspect these industries... In addition, Standard Chartered Bank will continue to cooperate with banks in China. Have some collaboration.”

"Speaking of China's banking industry, a few years ago, many experts believed that their bad debt rate was too high, and I am afraid that there will be a systemic collapse at some point in the future, which will eventually affect the entire Chinese economy. This view was once the mainstream opinion. What do you think of this? Why do you actively cooperate with them?"

Regarding Bonnie's question, Barron shook his head and said disapprovingly:

"In fact, most of the time, I will not use the alarmist statements of the so-called experts as a reference for my investment. The statement about China's 'collapse theory' is also the one I least agree with. If you understand history, you will It can be seen that in the history of mankind for thousands of years, China has been in the leading team for most of the time. It is only in the past one or two hundred years that it has fallen behind the West. This is not It is a norm, but an accident... Especially if you really come to China and see their hard work and emphasis on education, you will be even more unlikely to have the idea of ​​​​dismissing them. I think China is an indispensable part of the future world economy. , and will bring strong impetus to global economic growth. Any entrepreneur who ignores China will have no future."

Yes, Standard Chartered Bank will also make many moves in Asia recently.

After participating in the commercial reform of the Bank of Communications and holding 19.9% ​​of the shares of the Bank, Standard Chartered Bank will soon participate in the formation of another Hua Xia Bank...

The partner they are cooperating with is Bohai Bank, which is just about to be established.

Bohai Bank is headquartered in Tianjin. It is the first newly established national joint-stock commercial bank since the "Huaxia Commercial Bank Law" was revised in 2003. It is also the only newly established national joint-stock commercial bank approved by the State Council since 1996. It is the first Chinese-funded commercial bank to introduce overseas strategic investors during the establishment stage.

Standard Chartered Bank was invited to become the foreign sponsor of Bohai Bank.

Not long ago, Standard Chartered Bank's Greater China President Zeng Jingxuan went to Beijing and signed the "Sponsor Agreement" with other shareholders of Bohai Bank.

According to this agreement, Standard Chartered Bank will invest US$123 million and hold 19.99% of the shares of Bohai Bank, which is lower than the 20% limit for foreign investors to directly hold shares of Huaxia Bank.

Other sponsors of Bohai Bank include Jinmen TEDA Investment Holding Co., Ltd. (holding 25% of the shares), China Ocean Shipping (Group) Corporation (holding 13.67% of the shares), Shanghai Baosteel Group and China Development and Investment Company (holding 11.67% of the shares respectively). %), etc. Among them, Standard Chartered is the second largest shareholder of Bohai Bank.

In an interview, Standard Chartered Bank’s Greater China President Zeng Jingxuan said: The reason for cooperating with Bohai Bank is because it has not been established recently, has no bad debt problems, and has a newer management model. Standard Chartered Bank will be able to quickly Invest in new information technology areas.

At the same time, this investment can also bring good returns to Standard Chartered Bank - in the original time and space, Bohai Bank would be listed in Hong Kong 15 years later. At the beginning of the listing, the bank's market value was more than 80 billion Hong Kong dollars, equivalent to more than 10 billion Dollar……

In addition, the cooperation with Bohai Bank will also help Standard Chartered Bank to deeply participate in China's financial industry, and will be beneficial to their other investments in mainland China.

In addition to taking a stake in Bohai Bank, Standard Chartered Bank is also preparing to acquire an Indonesian bank.

The bank is called PT Bank Permata, and Standard Chartered Bank is preparing to invest US$305 million to acquire 51% of the bank's equity.

PT Bank Permata has 310 branches and approximately 1 million customers, ranking seventh in the Indonesian banking industry.

The timing of this acquisition was after the Indonesian election. Standard Chartered Bank was optimistic about the future development of Southeast Asia's largest economy, so it acquired this medium-sized domestic bank to get more involved in Indonesia's economy.

In the past five years, Standard Chartered has tried twice to acquire Indonesian banks, both of which failed.

This time, with the acquisition of PT Bank Permata, Astra International Enterprise Group (Indonesia), the largest local automobile manufacturer and distributor, is Standard Chartered Bank’s acquisition partner. After this, they will conduct a deeper dive into automobile finance. cooperate.

After all, although it is headquartered in London, Standard Chartered Bank mainly develops in emerging markets, and more than two-thirds of their revenue comes from Asia, which is also the region that Standard Chartered Bank attaches most importance to.