Wednesday, November 3, 2010

Bank of China shares some history

 Loss of bank assets Statistics::

1, Industrial and Commercial Bank of China

2006, the United States, Goldman Sachs,UGG bailey button, Allianz Group and American Express Company invested $ 3,780,000,000 (equivalent to approximately RMB 29.5 billion) stake in Industrial and Commercial Bank, ICBC acquired 10% of the shares, the purchase price of 1.16 dollars. After listing, in accordance with the January 4, 2007 intraday price of 6.77 yuan terms, the highest market value reached 275.5 billion yuan, net profit of three foreign companies 246 billion yuan, less than a year return on investment of 9.3 times, rare in the world.

2, the Bank of China

Royal Bank of Scotland, Singapore, Temasek Holdings, UBS and the Asian Development Bank invested a total of $ 5,175,000,000 Bank of China (RMB about 40.3 billion), price 1.22. After listing, in accordance with the May 10, 2007 intraday price of 6.26 yuan terms, the highest market value reached 282.2 billion yuan, net profit of four foreign companies 241.9 billion yuan, less than a year return on investment of 6.6 times.

3, Industrial Bank

2006, Hong Kong Hang Seng Bank, Singapore and the International Finance Corporation, TEDA New Deal make a total investment 2.7 billion to 2.7 yuan per share purchase price of Societe Generale Bank 10 million shares, after the listing, the share price to 37 yuan more than three foreign companies netted about 370 million. According to February 12, 2007 The bank listed a total of 15.995 billion to raise funds, equal to the total given to the three foreign companies. The 15.98 per share issue price of domestic banks to attract funds online offline purchase up to 1.161 trillion.

4, Shenzhen Development Bank

Newbridge 3.5 yuan per share to purchase 3.481 shares of Shenzhen Development Bank, the current stock price has reached 35.8 yuan, 10 times the investment of proliferation, in accordance with the development of more than 2 billion shares of deep computing, 1,218 million bridge with more than 700 billion won. According to bridge the current practice, will soon reach 1,000 billion yuan. The bridge itself is a dealer group, is not a bank, how can we improve the governance structure of banks? Moreover, the banks are taken away by the Americans, even to improve on what is the significance of China?

5, Hua Xia Bank Deutsche Bank and Sal

Price of 4.5 yuan per share, and now nearly 14 million, net profit of more than 5.6 billion yuan. Deutsche Bank has been holding 50 billion into other hands. Currently Germans China has formed a joint holding, the bank or the Bank of China in name, actually has become a foreign controlled banks.

6, Bank of China

HSBC Bank (HSBC) Bank of holding a 19.9% stake, invested 14.461 billion yuan to buy 9.115 billion shares at 1.86 yuan. Bank of May 2006 listed in Hong Kong market is now more than 10 Hong Kong dollars, net profit of 800 billion, 07 listed on the domestic A share offering and earn 500 billion, total nearly 140 billion, 10 times the return.

7, China Construction Bank

prior to listing, Bank of America and Temasek invested 2.5 billion U.S. dollars, respectively, and 1.466 billion U.S. dollars to buy Construction Bank 9% and 5.1% of the equity price of about 0.94 Hong Kong dollars per share. Issue price of 2.35 Hong Kong dollars, the highest price of 5.35 Hong Kong dollars. According to the current total of 224.7 billion shares of China Construction Bank calculated a net profit of 2 billion Hong Kong dollars more than 1300.

8, Pudong Development Bank

invested $ 67,000,000 Citigroup acquired 4.62% stake in Pudong Development, more than 180 million shares, about 2.96 yuan per share, and the agreement provides for the right to acquire Citigroup's future, 19.9% of the shares . Currently Pudong Development shares more than 38 yuan, net profit of 6.2 billion in Citigroup. Citi not currently exercise, if exercise will earn several times more than 6.2 billion. In 2004, Temasek Holdings, the Asian financial company owned by 1.1 (about 800 million yuan) billion to buy 236 million shares in Minsheng Bank, China Minsheng Banking accounted for 4.55% of total shares, about 3. 72 yuan, 12 yuan more than the current stock has reached, together with two Songpei market value has reached 50 billion, net profit of about 40 million.

(low-cost transfer of the transaction a net profit of about more than 9200 million of foreign capital, with the following GDB, loss of more than 1 trillion yuan, of which the transfer of most of the loss of the year 2006, together with already wait a joint venture completed dozens of listed local banks, future losses will be more amazing)

10, Guangdong Development Bank

2006 in the United States to the joint acquisition of Citibank in the name of his own money but 60 million, with 355.8 billion yuan on the control of total assets, 27 branches and 502 outlets, with 83 countries and regions 917 The bank has correspondent relationships, for many years among the world top 500 banks in Guangdong Development Bank. And China Mobile, the State Grid and China Trust also take into 6.0 billion each, a total of 180 million. The bank must then take into giving this away 18 billion, has been completely beyond the scope of market exchange.

11, Bohai Bank and local banks

Also in 2005, formally established the first joint-stock banks in China Bohai Bank announced that Standard Chartered Bank bought 123 million to be set up 19.9% stake in Bohai Bank, becoming its second largest shareholder. In addition to shares of Bohai Bank, the Standard Chartered Bank, China Everbright Bank shares are expected to be completed before the end of this year. Currently, foreign banks in China has entered a rapid development of China,Discount UGG boots, without exception, all banks have been 18 foreign banks or holding shares.

12, China Ping An Insurance Co., Ltd.

Ping An is China's first joint-stock insurance company, also the first foreign invested insurance companies, the HSBC Group is the largest foreign shareholder of Ping An, HSBC is investing 600 million U.S. dollars in 2002, 5 billion yuan investment in peace; Ping Group 04 on June 24 listed in Hong Kong, the issue price of 11.88 Hong Kong dollars, has risen to 40 Hong Kong dollars. This year February has raised 38.8 billion A shares of funds. As of June 30, 2006, the Group's total assets of RMB 3,587.18 million, total equity of 38.104 billion yuan. At present, nearly 2000 million market value, A shares of 550 billion yuan.

13, Xinhua Life Insurance

upcoming New China Life Insurance, Xinhua Life Insurance, now Zurich Insurance Company holds 22,800 shares at 5.25 yuan per share, 19% stake, has become the single largest shareholder of Xinhua Life Insurance. But in fact, the actual control of Xinhua Life Insurance, now who is the Eastern bloc, the Eastern and Oriental Group Co., Xinhua Life Insurance, hold 5%, respectively, and 8.02% of the shares, together with the East Group holds shares of other shareholders of Xinhua Life Insurance, Oriental Group Xinhua Life Insurance, directly or indirectly, the equity must exceed 20%. (It is said that Chinese companies secretly controlled by Zurich for more than 56%, investment of 3.4 billion, once listed, the market value of at least 600 billion)

We are not against opening up, the key is open What is the purpose? The purpose of opening up China's economic strength should be enhanced, rather than take the wealth given to foreigners, China's Bank of China is the development of people working hard together, even to foreigners, it should be in accordance with market prices, at least, and Chinese investors the same price as the Industrial Bank domestic issue price 15.98 yuan, we have a dogfight, bid more than one trillion yuan of funds, there is no reason the price of 37 yuan to 2.7 yuan more than the cheap stock to sell foreign . Guangdong Development Bank in particular, not only a mere 6 billion price to sell Citibank, and also take into 18 billion in cash is not bought and sold, given away but also take the money, really like the song as Thousands of trillions ah, last year the country over two trillion yuan total wages Cai, GDP last year is also part of the increase is 2 trillion ah, can only cheap Mai was the year banking stocks take a trillion of foreign capital, the people how can it not difficult to schooling and housing is difficult to see a doctor!



Some say cheap to buy shares of banks to introduce strategic investors to improve corporate governance structure of banks,bailey UGG boots, this sounds like a reasonable reason, look carefully on the absurd, one, regardless of Shenzhen Development Bank Holdings Newbridge Group, or the shares of Industrial and Commercial Bank of China, Goldman Sachs, which in itself is not commercial banks, which in itself is an investment company that is bubbling in the making, China's commercial banks on how to improve the corporate governance structure? Second, as the Shenzhen Development Bank, Guangdong Development Bank has been falling into foreign hands, has become a foreign bank, even to improve corporate governance structure, but also You have the whole bank has been taken to improve not improve the relationship between structure and what we, as your wife have been led away, the clothes are not beautiful, what a beautiful relationship! Guangdong Development Bank in particular, trading in, the most difficult to accept people. Our country to safeguard national financial security, special provisions, foreign equity participation alone can not exceed 20% of the Bank of China, the United Bank of China shares can not exceed 50%, which was originally a regulation to protect our interests,UGG boots cheap, the result will harm us, in order to circumvent the law The United States on behalf of Citigroup to joint acquisition, together with China Mobile, the State Grid and China trust each dig 6.0 billion acquisition of Guangzhou Development Bank, and the purchase agreement expressly provides that China Mobile, State Grid, China Trust is only any business activities, including the right of personnel management, including the right of all banks, all to Citibank. In this way, the founder of the Chinese people have worked hard to give the Americans a big bank.

other people sad to foreign acquisition mode, is holding secret foreign Xinhua Life Insurance Company. Although we can not determine the acquisition of Guangdong Development Bank, Citibank is not comprador mode, but we can determine the secret holding Zurich, Switzerland, Xinhua Life Insurance Company is a typical pattern. Zurich Insurance Company in order to bypass the holding can not exceed 20% of China's legal limit of 20% in public ownership, based on the then-funded organizations in the name of secret shares of Xinhua Life Insurance, respectively, holding more than 54% of the total, Xinhua Life really has become a foreign company. War period and the pattern in exactly the same: hundreds of thousands of Japanese control of two million puppet, puppet control of two million ten million, ten million Chinese people absolutely in control. Now all the central and local banks have completed the so-called introduction of strategic investors (foreign) mission, which means that foreign banks have entered all of China, the Zurich company can do, other foreign companies also can be dry, especially For those American giant in terms of financial institutions, is well placed to exploit these things dry, this way, in the end the number of banks falling into foreign hands actually is a difficult to count the numbers, but also a very terrible figures. Throw away throw away bank and not the same as other industries, other industries lost a company, but lost a fortune, and lost bank is losing a wealth pipeline, wealth will flow along the pipeline moving rapidly away. If you can not always has this wealth of banking channels, not to mention that we have gone through decades of rapid economic growth has not yet rich is not it, that is to go through several decades of rapid economic growth is still not up rich, why? All along the pipeline flow of wealth away.

get people to eat meat now that he did not have to drink soup ~ ~ ~ halo

~~~~~~~~~~~~~~~~~

explore our country's stock market development and financial security issues. On Friday, China's stock market has plummeted, while the broader market decline is not very deep, but very serious market panic, there is more than four stocks to reach daily limit, the adjustment of the stock market began. Mainly Thursday CCTV rose 25% in the last year on the basis of only the first 5 months has jumped 50%, or frightening; coupled with structural inflation, I am here to talk about structural inflation, although the CPI index is only 3 many points is not very high, just from the index point of view is also not enough on inflation, but a look at the structure on the poor luck, all the poor things with particularly large price range, such as housing and other basic subsistence meat, eggs, the rate of increase is more than two digits, already belongs to hyperinflation. Inflation and the poor is now also make life difficult, what with all the poor prices are rising, all the rich with luxury commodity prices are in decline, China is now such a price and tax structure of the composition of the rich may be unique in history fear of the phenomenon, is a system of robbing the poor to the rich, whether you can change the policy adopted. Structural inflation and goods inflation led to the bizarre situation of excess side by side, one side is the soaring price of basic subsistence, the other is 4 trillion surplus goods, only dependent on exports. All these signals together, the central macro-control policy declared the overall failure, at least in the short terms is no doubt failed. Failure of macro-control policy is triggered the market's worries, because failure is certain to be greater intensity of the central government to strike out, where the fist to pound on it: a powerful real estate groups and Capital Group, would like to hit also hit fixed , if we can hit the move will not occur now failed; double high industry has a local government interests, but also hit fixed for the local government is equal to hit double high industry hit left right and could not really hard; the only hit the stock market is moving, because the stock market is mainly individual investors, there is no ability to resist, punch down of funds will be wiped out trillions of people ~ ~

the devil that some people sold their own also helped count the money.

there is soso, but also that the broker was concentrated in the bull market peaked before the junk stocks and pushed up overall st Unit is set deep in the rescue of several retail, brokerage moved for it, now you see that those who refuse votes that they do not spend a penny borrowed from the listed company or the years of handling managed to see the price of junk stocks now?

pulled mad to buy them to concentrate all shipments, and then when you buy the chips with the limit down the next day Zapan, and so on.

to stock up to keep him propped up bureaucratic hot money capital and foreigners to the property market bubble burst, that the opposite approach was amazing, blogger, or one's opponent, even though it little trouble, but the wheel of history rolls on, and no forces can stop it!

a regulator said that despite the tension of local funds, and now the banks are reluctant to reduce credit, mainly due to China's commercial banks remain the main source of income is a traditional spread income. Now more than four state-owned banks and joint-stock banks have been listed, investors vote with their feet facing the investment income. In this case, the banks looking for short-term reports, are willing to credit funds to a number of high credit rating of large corporate customers.

decline. Therefore, especially for small and medium banks, the restructuring is an inevitable choice. At present the loss of deposits, bank funding constraints, the cost of capital raising is just exacerbated this trend.

what regional development and reform in the Institute of SUN that, for small and medium banks, the solution to the current financial constraints there are three ways. The first is to develop intermediate business. Non-spread products through increased development and marketing efforts to expand the non-spread revenue in the proportion of earnings in the bank. The second is to transform the operational mechanism, through SMEs, individual business operators and farmers to provide financial support for higher interest rate returns. The third is to actively participate in the pilot securitization of assets through asset securitization approach to accelerate the return of funds to address the problem of insufficient liquidity. 

No comments:

Post a Comment