Resource Tycoon Reborn
Chapter five hundred and eighty sixth take advantage
If all the gas stations on the highways of more than 2,800 kilometers are occupied by Pingchuan Petroleum Group Company, it is estimated that Hua Petroleum and Hua Petrochemical will feel even more unbalanced. But Fang Mingyuan is right, Pingchuan Petroleum
If the group company participates in the investment projects and cannot guarantee even this small discount, then what is the point of being an investor?
"Why has Pingchuan Petroleum Group sold a large amount of crude oil reserves recently? Aren't you worried that the price of crude oil will continue to rise?" Su Aijun asked. In the international market, the price of crude oil can be described as crazy. Now it has exceeded 110.
The ten-dollar mark has set a new historical record, and it looks like it may continue to rise. This can't help but make many people feel puzzled. The subprime mortgage crisis in the United States has caused a lot of turmoil, and financial institutions in Europe and the United States are mourning.
There is a lot of noise, but the real economy does not seem to be affected much, and commodities including oil, iron ore, etc. continue to rise.
"It won't last long. When the subprime mortgage crisis spreads from the financial sector to the real sector, many commodities, including oil and iron ore, will face a cliff-like decline. Sell it now, and it will be so good."
Use the storage capacity to repurchase cheap oil. Otherwise, where will the remaining money be for subsequent investments and acquisitions?" Fang Mingyuan said with a smile. Even if the purchase cost and inventory cost of this batch of crude oil are removed, each barrel can still have
Forty to fifty US dollars of income, and it is an honest income, can be used to invest directly in the country.
"There must be many people regretting why they didn't hoard a batch of crude oil." Su Aijun smiled and said, "Are you so sure that there will be a big drop in the near future?"
"Why else would I say that I don't want to accept the price increase demands of the three major mining companies? It's not just because they raised the price too high." Fang Mingyuan spread his hands and said, "I don't want to say anything about this kind of taking advantage of someone.
That’s right.”
"When do you think the subprime mortgage crisis will affect the real economy?" Su Aijun's face was very solemn. He did not doubt Fang Mingyuan's judgment at all, but in Qinxi Province, now he is not covering the sky with one hand.
It has convinced many people to carry out their will.
"In the second half of this year, the possibility is very high. It's best to spend the money you save. Don't miss out at the critical moment." Fang Mingyuan hesitated and asked, "Uncle Su, are you really planning to do it if there is an economic crisis?
Carry out large-scale tax cuts in the province?" Although he has always believed that the chaotic taxes and fees in the country have collected too much, not only for enterprises, but also for individuals, and he does not know where so much tax collected every year is spent.
, there are annual deficits, domestic and foreign debts are piled up, and national welfare is still low. However, when domestic taxes are raised, it has always been like a boy with premature ejaculation, and when taxes are reduced, an old woman becomes constipated. Su Aijun wants to implement tax cuts in Qinxi Province, so
The opposition will certainly be strong.
"Well, it's a pity that we can only reduce local taxes." Su Aijun said with regret, "I know that the resistance will be great, but I think there will not be a second such global economic crisis during my term, right?
If I don’t take this opportunity to force the administrative agencies to change their minds, I don’t know when the next opportunity will come. Haha. Don’t worry, I won’t act recklessly. This is what some of the leaders above want to see the effect.”
On New Year's Eve, the Fang family spent a lively night. However, after the third day of the Lunar New Year, members stationed overseas began to return overseas. After all, the Spring Festival is only a Chinese festival, not a global festival.
There were a lot of things going on. Fang Mingyuan did not stay in Pingchuan. Instead, he traveled around the world. A new round of economic crisis was already taking shape. He still had a lot of work to do in order to seek the greatest benefits in the economic crisis.
During this period, you must do your best to prepare.
But just because Fang Mingyuan doesn't want to be taken advantage of doesn't mean that others think the same way.
China Anping Insurance Group Co., Ltd. was born in Pengcheng in the late 1980s. It was the first joint-stock insurance company in China. It later developed into an integrated, close-knit and diversified comprehensive financial services company integrating finance, insurance, banking, investment and other financial businesses.
The service group occupies a very important position in the domestic financial system and is one of the three major comprehensive insurance companies in the country. It has been listed in Hong Kong.
Its chairman, Ming Ming Ge, is one of the founders of the company and now also serves as the CEO, that is, the president. It can be said that he is the person with the core power in the company's management. But Ming Ming Ge has been very unhappy recently because
The proposal he planned to acquire shares of Fortis Group was ruthlessly rejected by the board of directors.
In his opinion, having the opportunity to acquire shares of Fortis Group, one of Europe's largest financial institutions with nearly two hundred years of rich experience in insurance, business involving insurance, banking and investment, is a great opportunity for the company that has been seeking to build an insurance, banking and
, for China Anping Insurance Group Co., Ltd., which has three core businesses in asset management, it is a rare opportunity to obtain both investment funds and management technology, further promoting China Anping Insurance Group Co., Ltd. to become a global financial group!
For a large company like Fortis Group that has long enjoyed a good reputation in Europe, if it had not been for the subprime mortgage crisis that caused its stock price to climb to a record high price of 31** euros, it would have fallen and risen in the past few months.
It went up and down, but overall it still dropped to 21.35 euros. How could China Anping Insurance Group Company have the opportunity to become the largest shareholder of Fortis Group!
However, his proposal was jointly rejected by several directors led by HSBC Holdings Co., Ltd. at the company's board of directors. This made Ji Mingge feel helpless and extremely regretful. In his opinion, although the United States is
The loan crisis has spread to Europe, and many financial institutions in Europe have suffered serious losses as a result. However, for domestic companies, this is a good opportunity to go abroad and acquire overseas companies. Once this opportunity is missed, then they will want to acquire companies like
It is even more difficult to buy shares of well-known European financial institutions such as Fortis Group! And it requires extremely considerable funds! And in his view, although the stock price of Fortis Group may not have bottomed out yet, for such
For a financial institution with hundreds of billions of euros, as long as it survives this financial crisis, it will have a bright future!
Ji Mingde communicated with HSBC Holdings Co., Ltd. many times, but was sternly rejected by the other party. Because of HSBC Holdings Co., Ltd.'s tough attitude, not only some directors who originally held objections still remained firm, but also some directors who originally held objections remained firm.
The directors who were on the side of Ming Ming were shaken in their attitude. Ming Ming had no choice but to seek other help.
"Want to see me this afternoon, Chairman of China Anping Insurance Group, Ji Mingge?" Fang Mingyuan frowned and said to Zheng Jiayi, "80% of it is for the acquisition of Fortis Group. Forget it, you can make arrangements!"
Ji Mingge and his party arrived at the headquarters building of Kuok Shipping Group Company in Hong Kong on time at three o'clock in the afternoon. Zheng Jiayi greeted them at the door.
"You are the chairman of the China Anping Insurance Group, right? Mr. Fang has guests now, so he has no time to come down to welcome you. Please forgive me. I am his assistant Zheng Jiayi. Please come with me.
." Zheng Jiayi smiled.
Ji Mingge and others were originally a little annoyed that Fang Mingyuan did not show up, because it was obvious that among the people present to welcome them, this young white-collar beauty was the leader, and Fang Mingyuan was male. Yu Qiuxia, chairman of Guo's Shipping Group Company, affirmed
Not that young. But after hearing Zheng Jiayi's self-introduction, many of the people behind Ji Mingge quietly swallowed the words of dissatisfaction that had reached their lips.
"Thank you, Assistant Zheng, for coming in a hurry and causing trouble for Mr. Fang." Ji Mingde smiled. Of course, he knew something about the people around Fang Mingyuan. Naturally, he knew that the young beauty in front of him was the core assistant around Fang Mingyuan. She
It can be said that his status is still higher than that of most business leaders under the Fang family! Although Huaxia Anping Insurance Group Company is one of the three giants in the domestic insurance industry, but if he considers his social status to be higher than that of Liaoning Iron and Steel Group Company,
Above the leaders of Carrefour Group, Pingchuan Petroleum Group Company and other companies. That is still a bit arrogant.
Under the leadership of Zheng Jiayi, the group arrived at a conference room on the top floor. Zheng Jiayi greeted the staff and brought them tea and snacks before leaving.
"Chairman, do you think Mr. Fang really has guests, or does he intend to give us a blow?" Hao Degang, the deputy general manager who followed him, lowered his voice and said to Ming Ming. Although in front of Zheng Jiayi, he
I didn't dare to say anything, but I still felt a little unhappy. People like them had never been treated like this no matter where they went in the mainland. You must know that they had made a reservation in advance and were not uninvited guests!
"I guess he really has a guest, so show off? For him, it seems that there is no need!" Ji Mingge slowly shook his head and said. Although he didn't want to admit it, he knew very well that the relationship between himself and Fang Mingyuan
It can be said that social status and influence are not on the same level at all. Although Huaxia Anping Insurance Group Co., Ltd. bears the name of Huaxia, at most it has titles such as Hong Kong, Pingchuan, Qinxi, and Qinchuan with those under the Fang family.
Compared with other companies, perhaps the other party's status among international peers is more prominent. Although he is the chairman and president of China Anping Insurance Group Company, he does not have the aloof status that Fang Mingyuan can make decisions among these companies!
Moreover, he came to visit Fang Mingyuan this time. He was also thinking about whether he could convince Fang Mingyuan, and then use Fang Mingyuan's influence to convince HSBC Holdings Co., Ltd. After all, Fang Mingyuan was a new director of HSBC Holdings Co., Ltd., and he was the director of HSBC Holdings Co., Ltd.
The company specially issued new shares for him. I don’t know how many people are envious of this kind of treatment. Just the title of director of HSBC Holdings Co., Ltd. is enough for Fang Mingyuan to occupy a top position in the global financial world, not to mention that he also has
A litany of other titles, as well as numerous favors owed to him by other financial institutions and social elites around the world.
Hao Degang pondered for a moment and sighed silently. It was indeed as Ming Ge said, Fang Mingyuan was not on the same social level as them at all, so there was no need to use any intimidation to scare them. If he said "disappear", he would be like this
What else can people do to him?
Fortunately, Fang Mingyuan did not keep them waiting for too long. Almost twenty minutes later, accompanied by Zheng Jiayi, he arrived at the conference room. The two parties exchanged polite greetings, and then the guests and hosts took their seats.
"Chairman Yao, you must be here because your company's proposal to acquire Fortis Group was rejected by the board of directors, right?" Fang Mingyuan said straight to the point.
"Young Master Fang is indeed very discerning and guessed our intention." Ji Mingde said with a smile on his face, "Since you already know, I won't be secretive. I really want to use you and HSBC Holdings Co., Ltd.
The company talks about acquiring shares of Fortis Group and becoming its important shareholder, or even the opportunity to join the board of directors. The opportunity does not come around all the time, and China Anping Insurance Group needs this opportunity if it wants to further develop!"
Fang Mingyuan wanted to laugh in his heart. In fact, HSBC Holdings Co., Ltd. took the lead in vetoing the proposal proposed by Ji Mingge because of his operation. His first proposal after joining the board of directors of HSBC Holdings Co., Ltd. was to ask the board of directors to veto China Anping
Insurance Group Company's proposal to acquire shares of Fortis Group Company. Among the other directors who stand on the same side as HSBC Holdings Co., Ltd., three actually represent the interests of the Fang family, but they do not take it seriously.
Through the investigation, it is difficult for even experts to detect that those companies are actually completely controlled by Hong Kong's Pavicon Investment Company.
After all, a company like China Anping Insurance Group Co., Ltd. is determined to make money. How could Fang Mingyuan not get involved? However, after obtaining the shares, the Fang family did not interfere in the operation of the company, and just let Miao Mingde lead it.
The management of the company is responsible for running the company. However, the acquisition of shares of Fortis Group Company by China Anping Insurance Group Company was a big deal in the previous life. Even Fang Mingyuan, a semi-otaku, was bombarded by relevant news. Naturally,
He was extremely impressed, and naturally knew that this was a big pit, and whoever jumped in now would be unlucky. Moreover, he not only rejected the possibility of China Anping Insurance Group Co., Ltd. entering the pit through HSBC Holdings Co., Ltd., but also persuaded others to jump out of this pit as soon as possible.
, the decline in Fortis Group’s stock price is actually largely due to the fact that it is losing its important shareholders! (To be continued.)
...
You'll Also Like
-
ben10: Start sign-in error table
Chapter 99 6 hours ago -
The blue sea, my youth
Chapter 133 6 hours ago -
The Hell Card brings a depressing whistle to people
Chapter 127 6 hours ago -
Demon Slayer: The Undead Swordsman of Thunder
Chapter 262 6 hours ago -
After turning into a white tiger, he roamed the wild forests
Chapter 228 6 hours ago -
Douluo Dalu II Peerless Tang Sect
Chapter 625 6 hours ago -
Hogwarts everyday players
Chapter 60 6 hours ago -
I opened up the information age in the world of Naruto
Chapter 403 6 hours ago -
Douluo: The beginning ruined Yu Xiaogang’s reputation
Chapter 115 6 hours ago -
Invest in Wanjie starting from Doupo
Chapter 196 6 hours ago