Rebirth capital madman
Wilson, the new governor of Hong Kong, is inferior in terms of seniority, or described as weak, so that everyone can relax, not only Gao Xian has such an idea.
After all, Xiangjiang has entered a transitional period. There are no more than a few years left in the era of ghost man's privilege. It is difficult to bear the real idea in my heart. Digging a pit in Xiangjiang is work and fishing for money is life. For example, Tang Mingzhi, the attorney general specializing in commercial law and maritime law, has long been qualified to practice in Xiangjiang and has been planning to run his own law firm business after leaving the Hong Kong government.
After you and I expressed their determination to support the new governor, the people broke up. It was still very hard to walk down this set of inauguration ceremony.
When Sir Gao and Wilson left, they made an appointment to have dinner together in private in their spare time. He left the Hong Kong Governor's office sooner or later. He didn't care whether Huifeng Daban Pu Weishi and others who stayed behind would speak any villain's language.
To put it bluntly, with the current progress of the pattern, the rhythm is more in the hands of Gao Xian.
For example, sir Gao made the final decision. Referring to the disposal mode of Kangnian bank, Ka Wah Bank did not have to endure half dead, but also sold. Moreover, the buyer was also determined. CITIC injected 350 million capital into Ka Wah Bank after a series of treatment, such as withdrawal of accounts, reassessment and cancellation of share capital, and obtained 91% of the shares; As for the bad debts of Ka Wah Bank, if losses are unavoidable, they will be borne by the exchange fund.
Although Kangnian bank was sold directly to first Pacific Group, it hardly aroused any waves, but there was a lot of noise after the news of CITIC's acquisition of jianian bank was announced.
The biggest voice is that CITIC has taken advantage of it. In terms of the number of branches, jianian bank has 27 in Xiangjiang, far more than four in Kangnian bank. Anyway, the bad debts of jianian bank are borne by Xiangjiang foreign exchange fund. As long as the trusteeship committee makes an open bidding, it will certainly sell more than 350 million. That posture is simply beating its chest and feet, which vividly deduces the inevitable reaction in every situation.
When the Xiangjiang exchange fund administration announced the transaction, it was very indifferent and reiterated the disadvantages of the old model of custody problem banks. For example, the overseas trust bank group currently in custody is optimistic that it will not be able to change from a loss state to a slight surplus until next year. As for the time of ending custody, it is not easy to judge too early.
Under such circumstances, it is not difficult to understand that Xiangjiang exchange fund administration decided to sell as soon as possible after temporarily trusting the new problem banks Kangnian bank and Jiahua bank.
As for the choice of acquirer, it is the best choice under the current situation, combined with financial resources, background and other factors.
Obviously, Gao Xian's position as the president of the Xiangjiang exchange fund authority is not suitable for him to say some words, but he will not tolerate the clowns to stir up the flames there and undermine his prestige. He immediately secretly instructed the friendly media to fight back.
At this stage, the degree of entertainment in all aspects of Xiangjiang society has been obvious, which is reflected in this public opinion game, that is, the debate has become a war of words, laughing and scolding, and doing its best to be sarcastic.
For example, you yelled so much that jianian bank mainly focused on bad debts in Singapore and Malaya. Go and get them back! Or take Liu Cansong's principal criminals back to Xiangjiang for trial and sentencing! In order to investigate a commercial fraud case in Jianing, Zhengfu spent HK $100 million, but the result is still unclear. How much do you think it will cost to dispose of Jiahua bank according to the original model?
In fact, as the Third Hong Kong Governor born as a diplomat, Wilson still has a pattern. He thinks there is nothing wrong with Sir Gao's decision to choose CITIC to buy Ka Wah Bank.
Therefore, as soon as the high chord point is reached, a long brewing dinner aimed at actively striving for the regulatory authority of Xiangjiang banking industry has been put forward, that is, on the basis of summarizing the experience and lessons of the crisis of Xiangjiang banking industry since the early 1980s, the Research Report on improving the regulatory mechanism of Xiangjiang banking industry has been grandly announced, It also has no secret that it hopes to become a newly revised version of the Xiangjiang Banking Ordinance.
Incidentally, the previous banking crises in Xiangjiang were all under the control of the Hong Kong government. Experts were invited from Britain to conduct research, and then based on the report. Form further improved legal provisions, promulgate and implement them.
Now this process has been completed by the Xiangjiang exchange fund administration under the leadership of Gao Xian. In terms of specific aspects, British experts still need to be invited, but we can't just listen to the words of one family. For example, Wall Street professionals have also been invited to advise. Everyone knows the leading power of subtle checks and balances.
After the appearance of this research report full of gold, no one paid attention to it, like the clown drama that jianian bank sold inappropriately, and it was quickly squeezed out of the media.
However, the role of Ka Wah Bank as a problem bank is still, or even not small, because many of the contents of the Research Report take Ka Wah Bank as a typical negative teaching material to explain how to newly establish, revise and improve the regulations. It is not only vivid, but also self-evident in the pertinence of the medicine to the symptoms.
For example, the actual controller is Ka Wah Bank of Liu Cansong from Singapore. The main reason for the crisis is that loans are abnormally concentrated in the Singapore Malaysia consortium, up to HK $1.5 billion, accounting for more than 50% of the total loans of Ka Wah Bank of HK $2.9 billion. As a result, Ka Wah Bank fell into the abyss as soon as the loans went wrong.
In view of this, the research report proposes that it is necessary to strengthen the loan and investment restrictions on local authorized institutions, that is, licensed banks, licensed deposit taking companies and registered deposit taking companies, so as to prevent excessive risk concentration and plug the loophole of random borrowing from local authorized institutions by the actual controllers of local authorized institutions through agent companies.
One of them is that a local authorized institution shall not provide loans to any person or merchant, company directors and related persons that exceed 25% of the authorized institution's paid in capital plus reserves.
More content will not be carried out, so as not to make people feel boring and thankless.
In short, in addition to the extremely high gold content, this research report is also approachable so that the media can discuss it clearly and with interest, so that it shows its support for the upgrading of the Xiangjiang exchange fund authority to the Xiangjiang monetary authority. However, the Hong Kong government, which has not taken practical action for a long time, had to take over and announce that it will officially start revising the Xiangjiang Banking Ordinance.
After Huifeng Da Ban Pu Weishi got the research report, which was naturally released to the world, he couldn't help but be tight. Gao Xian really took the opportunity. It seems that the financial secretary's bank supervisor is really going to transfer to Xiangjiang exchange fund administration. Isn't it really dangerous that Huifeng bank has the central settlement power of Xiangjiang banking industry
Chapter 1010: 1010
After all, Xiangjiang has entered a transitional period. There are no more than a few years left in the era of ghost man's privilege. It is difficult to bear the real idea in my heart. Digging a pit in Xiangjiang is work and fishing for money is life. For example, Tang Mingzhi, the attorney general specializing in commercial law and maritime law, has long been qualified to practice in Xiangjiang and has been planning to run his own law firm business after leaving the Hong Kong government.
After you and I expressed their determination to support the new governor, the people broke up. It was still very hard to walk down this set of inauguration ceremony.
When Sir Gao and Wilson left, they made an appointment to have dinner together in private in their spare time. He left the Hong Kong Governor's office sooner or later. He didn't care whether Huifeng Daban Pu Weishi and others who stayed behind would speak any villain's language.
To put it bluntly, with the current progress of the pattern, the rhythm is more in the hands of Gao Xian.
For example, sir Gao made the final decision. Referring to the disposal mode of Kangnian bank, Ka Wah Bank did not have to endure half dead, but also sold. Moreover, the buyer was also determined. CITIC injected 350 million capital into Ka Wah Bank after a series of treatment, such as withdrawal of accounts, reassessment and cancellation of share capital, and obtained 91% of the shares; As for the bad debts of Ka Wah Bank, if losses are unavoidable, they will be borne by the exchange fund.
Although Kangnian bank was sold directly to first Pacific Group, it hardly aroused any waves, but there was a lot of noise after the news of CITIC's acquisition of jianian bank was announced.
The biggest voice is that CITIC has taken advantage of it. In terms of the number of branches, jianian bank has 27 in Xiangjiang, far more than four in Kangnian bank. Anyway, the bad debts of jianian bank are borne by Xiangjiang foreign exchange fund. As long as the trusteeship committee makes an open bidding, it will certainly sell more than 350 million. That posture is simply beating its chest and feet, which vividly deduces the inevitable reaction in every situation.
When the Xiangjiang exchange fund administration announced the transaction, it was very indifferent and reiterated the disadvantages of the old model of custody problem banks. For example, the overseas trust bank group currently in custody is optimistic that it will not be able to change from a loss state to a slight surplus until next year. As for the time of ending custody, it is not easy to judge too early.
Under such circumstances, it is not difficult to understand that Xiangjiang exchange fund administration decided to sell as soon as possible after temporarily trusting the new problem banks Kangnian bank and Jiahua bank.
As for the choice of acquirer, it is the best choice under the current situation, combined with financial resources, background and other factors.
Obviously, Gao Xian's position as the president of the Xiangjiang exchange fund authority is not suitable for him to say some words, but he will not tolerate the clowns to stir up the flames there and undermine his prestige. He immediately secretly instructed the friendly media to fight back.
At this stage, the degree of entertainment in all aspects of Xiangjiang society has been obvious, which is reflected in this public opinion game, that is, the debate has become a war of words, laughing and scolding, and doing its best to be sarcastic.
For example, you yelled so much that jianian bank mainly focused on bad debts in Singapore and Malaya. Go and get them back! Or take Liu Cansong's principal criminals back to Xiangjiang for trial and sentencing! In order to investigate a commercial fraud case in Jianing, Zhengfu spent HK $100 million, but the result is still unclear. How much do you think it will cost to dispose of Jiahua bank according to the original model?
You are reading story Rebirth capital madman at novel35.com
The louder the debate, the more embarrassing the Hong Kong Government under the control of the ghost guy.In fact, as the Third Hong Kong Governor born as a diplomat, Wilson still has a pattern. He thinks there is nothing wrong with Sir Gao's decision to choose CITIC to buy Ka Wah Bank.
Therefore, as soon as the high chord point is reached, a long brewing dinner aimed at actively striving for the regulatory authority of Xiangjiang banking industry has been put forward, that is, on the basis of summarizing the experience and lessons of the crisis of Xiangjiang banking industry since the early 1980s, the Research Report on improving the regulatory mechanism of Xiangjiang banking industry has been grandly announced, It also has no secret that it hopes to become a newly revised version of the Xiangjiang Banking Ordinance.
Incidentally, the previous banking crises in Xiangjiang were all under the control of the Hong Kong government. Experts were invited from Britain to conduct research, and then based on the report. Form further improved legal provisions, promulgate and implement them.
Now this process has been completed by the Xiangjiang exchange fund administration under the leadership of Gao Xian. In terms of specific aspects, British experts still need to be invited, but we can't just listen to the words of one family. For example, Wall Street professionals have also been invited to advise. Everyone knows the leading power of subtle checks and balances.
After the appearance of this research report full of gold, no one paid attention to it, like the clown drama that jianian bank sold inappropriately, and it was quickly squeezed out of the media.
For example, the actual controller is Ka Wah Bank of Liu Cansong from Singapore. The main reason for the crisis is that loans are abnormally concentrated in the Singapore Malaysia consortium, up to HK $1.5 billion, accounting for more than 50% of the total loans of Ka Wah Bank of HK $2.9 billion. As a result, Ka Wah Bank fell into the abyss as soon as the loans went wrong.
In view of this, the research report proposes that it is necessary to strengthen the loan and investment restrictions on local authorized institutions, that is, licensed banks, licensed deposit taking companies and registered deposit taking companies, so as to prevent excessive risk concentration and plug the loophole of random borrowing from local authorized institutions by the actual controllers of local authorized institutions through agent companies.
One of them is that a local authorized institution shall not provide loans to any person or merchant, company directors and related persons that exceed 25% of the authorized institution's paid in capital plus reserves.
More content will not be carried out, so as not to make people feel boring and thankless.
In short, in addition to the extremely high gold content, this research report is also approachable so that the media can discuss it clearly and with interest, so that it shows its support for the upgrading of the Xiangjiang exchange fund authority to the Xiangjiang monetary authority. However, the Hong Kong government, which has not taken practical action for a long time, had to take over and announce that it will officially start revising the Xiangjiang Banking Ordinance.
After Huifeng Da Ban Pu Weishi got the research report, which was naturally released to the world, he couldn't help but be tight. Gao Xian really took the opportunity. It seems that the financial secretary's bank supervisor is really going to transfer to Xiangjiang exchange fund administration. Isn't it really dangerous that Huifeng bank has the central settlement power of Xiangjiang banking industry
You can find story with these keywords: Rebirth capital madman, Read Rebirth capital madman, Rebirth capital madman novel, Rebirth capital madman book, Rebirth capital madman story, Rebirth capital madman full, Rebirth capital madman Latest Chapter
NOVEL35.COM – READ BEST NOVELS ONLINE FREE
Novel35.com top 1 website in the world. In here We are offering thousands of free books online read! Read novel updated daily: Action novel, Romance Novel, Adventure Novel, light novel translations, web novel, chinese novel, japanese novel, korean novel, english novel and other novel online. Wish you have relaxing reading sessions at Novel35.com
