Winner Takes It All, Resurrection 2009

"It's rare for a leader to ask for it personally, so I have to do it no matter how difficult it is. Yes, Minsheng Financial Holdings will inject some funds into Shenzhen Development Bank to supplement its liquidity, and I will handle the accusations from shareholders.

It's not difficult. How could it be difficult? It's all for official business. It will be good for the entire market environment if our competitors can settle down sooner. I'm also looking forward to having a drink with Mr. Ma at the same table.

Okay, I will go and do the lobbying work myself right away, but there is one thing I must let Secretary Zhou know. The company has just taken over Minsheng Holdings, and many things are still unclear.

In addition, the central bank, Pudong Development Bank and ICBC are all preparing to enter the market. There may be many contradictions and demands involved. I hope you can understand. I will try my best to come up with a solution within one or two days.

Don't worry, there will be no problem with the general direction. I will definitely do it within my ability. However, if it is beyond my ability, please help me, Secretary Zhou...

OK, OK, please give my regards to the leader."

After hanging up the phone, Li Zehua casually threw the phone on the desk and sneered, "Although I haven't thought about getting more benefits from Tengda, you want me to contribute money and effort for free with just one sentence.

This is too much of a disregard for Qing Yun. If you want to wait, then just wait and see who bows first."

Yu Li had been quietly staying beside him, not daring to move when he answered the phone, fearing that it would delay his work. Seeing his disdainful look, she asked cautiously, "Will it be okay if we delay it?"

"What is the problem!"

Li Zehua snorted coldly, "Did I force them to provide channels to do bad things, or did the money end up in my hands?
I am not included in the meat meals, but I am asked to take the blame when being beaten. Since I am not their biological son, my uncle doesn’t love me and my grandmother doesn’t care about me!

Among ICBC, China Mobile and Shenzhen Development Bank, which of them took over the South African shares, can't come up with enough money to supplement liquidity?
They specifically asked me to raise funds by name, and even asked Shenzhen Development Bank to give me 5% of its shares. But what’s the point? Previously, Guangdong East Commercial Bank wanted to recruit me as the third largest shareholder.

I didn't go.

Now I am running to Pengcheng to take over. How will Shanghai look at me? Oh, Pufa didn’t even want Qingyun to issue additional shares. Guangdong East has caused big trouble. I’m shouting.

I ran over to put out the fire and take over the business, and was also prepared to replenish $150 billion of liquidity in one go. If I really did this, Mr. Yu would have to send someone to have a talk with me tonight.

Will the group still have to make a living in Shanghai in the future?"

As he spoke, his hands did not stop moving. Yu Li was concentrating on listening to his analysis, but suddenly a large mouthful of food was stuffed into her mouth. She almost felt dizzy and subconsciously patted his shoulder, "Stop it."

Li Zehua smirked, "Instead of thinking about these annoying things, it's better to seize the time and do the work."

"No, I won't run away, let's take care of business first."

Yu Li's eyes were blurry. She suppressed her trembling and retrieved the phone and handed it to him. Li Zehua looked helpless and simply turned on the speaker. "If you dare not obey, then you will suffer the consequences."

As he was busy, he called the government office and said in a few words, "Please ask General Yu to take care of it. If the boss above opens his mouth, I can't handle it with my small body."

The director on the other end of the phone understood immediately after hearing this, "Please rest assured, Mr. Li, we in Shanghai can still have a say, let them solve the problem in Guangdong East themselves."

Many people knew exactly what role Qingyun played in this incident, but it would be a bit rude to just come to their door.

After all, there are so many big winners who have taken over the largest share of Tengda and obtained the territory resources spit out by Hong Kong Capital. If we rank them, Qingyun will never be in the top five.

Runhua, China Merchants, Nandian, and even Zhongxin are all well-fed and well-off. China Mobile, ICBC, and Shenzhen Development Bank also earn more than Qingyun, but everyone knows that this is a long-term view.

Qingyun is definitely the one that has benefited the most, so some people are not happy about it and want to take a large sum of money from Qingyun to fill the hole, saying that it is a loan.

The key point is that 5% of Shenzhen Development Bank's shares cannot be worth US$150 billion no matter how you calculate it. If the shares were purchased at this price, wouldn't Shenzhen Development Bank's market value exceed trillion RMB in one go?

The key point is that Shenzhen Development has been asking Qingyun to invest, not that Qingyun needs this resource. Although it can indirectly hold part of Tengda's shares, Li Zehua obviously does not need it.

After this battle, it will be difficult for Tengda to make another breakthrough without a few years of sedimentation, because many departments including the Ministry of Industry and Information Technology, the China Banking Regulatory Commission, the Ministry of Finance, and the Six Gates are studying it.

How to accelerate the business development planning of non-financial institutions in the mobile Internet will be subject to national legislative protection, and specific measures will be voted on and approved at a meeting to be held in two months.

At that time, we will set up the upper limit of single transfer, separation of unfamiliar accounts/merchants, setting up qualification review of financial products and scope of fund use, and reviewing the applicable objects of issuing special financial bonds.

As well as the access system for cross-border business development, reference to the savings margin ratio of bank deposits, and unified management of payment software platforms...

There are a lot of policies and regulations, the most important of which is that after being certified at the legislative level, the entity that Internet non-financial institutions use to provide financing to social groups or individuals will change from an Internet company to a licensed bank licensed by the central bank.

This is particularly important because any form of public fundraising on the Internet in the future must be endorsed by a bank, and it is well known that loans owed to state-owned banks must be repaid.

When entrusting a third-party financial institution to issue and manage public funds on its behalf, the platform shall bear joint and several management compensation liability.

The main purpose of this clause, together with the supplementary clause on joint and several liability, is to put a tight rein on Internet financial business, and in the future, Internet companies and third-party companies that obtain payment licenses.

Whether it is issuing public corporate bonds or raising funds through public funds, as long as it is an online fundraising form, the money must always pass through the bank before it can be transferred out.

It seems that it will increase some management fee income for banks, but in fact, the bank is the intermediary responsible body. The main company that conducts Internet finance business is no longer responsible to investors.

The creditor-debtor relationship has also been transferred to the banks, and it is well known that any entity that conducts banking and financial entity business in any region of the country must entrust the central bank to carry out bottom-line management.

To put it bluntly, it is like being put in a tight circle. Whether it is a micro wallet, Yu'ebao, or other forms of financial products, reserve funds must be paid first before investment activities are allowed.

Moreover, for investment projects with low risk or no risk compensation, it is impossible to run away with the money, because companies holding Internet payment licenses will become under unlimited liability.

Any shareholder who holds or has held shares during the operation of the company shall bear unlimited joint and several liability for the shares held. Even if the actual controller runs away, the shareholder must pay compensation out of his or her own pocket.

Tengda has really screwed everyone over. As soon as Jack Ma received the news, he slashed the interest rate of Yu'e Bao from 6-7% to around 3.5% because he was afraid that he would not be able to afford the compensation if something went wrong in the future.

Moreover, after the policy trial measures were announced, many banks began to strictly investigate financial bonds sold in packages to prevent unlimited derivatives of Internet finance from flowing into the financial market.

In the past, they only had to make profits and were not responsible. Now, once a financial product collapses, the banks will also have to bear liability for compensation. Who can bear this?

Qingyun is not afraid, and it has three banks under its name, so it can continue to sell audited financial products. MyBank, China Minsheng Bank, and Xingcheng Bank will also contribute to the development of Qingyun Group in the future.

However, due to the introduction of a series of financial policies to fill in the gaps, it will not be easy for anyone to use Internet finance as their own ATM in the future.

It is difficult to get past the large banks alone. Everyone is not stupid. In the past, they could take advantage of each other and wait until the truth comes out, and then let some white glove take the blame.

At worst, you can just run away and wait for public opinion to die down, then deal with it calmly. As for the hurt investors, who cares?
But now it’s completely different. You can continue to run, but the key banks and related parties who once held funds and shared the profits of financial products will be held responsible. How can you run away then?
If there is no company with a large amount of net assets to guarantee it, no reliable project, and no bank willing to back it up, even if tens of billions of dollars can be raised through Internet finance.

If you want to transfer the funds to related parties without anyone noticing, regardless of whether they are finally distributed among the parties or divided up among themselves, you have to find a strong enough victim.

For example, under the limited liability system, you find a good project, package it, invest money in it, and lose it reasonably and legally. Then, before the crisis comes to an end, you arrange for the person in charge to run away, and everyone shares the stolen money.

Now there is a wireless liability system, and a bank is required to provide a bottom line, which is a big problem. You first have to find a listed company (or a large and well-run company) to be the main body.

The project is just randomly put together, and it’s a fake project at first glance. Who can you find to cooperate with in the market?

In the past, when there was money to be made, a lot of companies that aided and abetted the evil would rush in to provide channels. They only wanted to make money, without considering any consequences or taking any responsibility. If something went wrong, they would just say that the review was not strict enough and they would just fine them.

But now, with unlimited liability, you have invested and participated, and if something goes wrong, well, you have to pay in real money, otherwise the main bank that suffered the loss will not let you go.

Even if local small and medium-sized banks dare to take the risk of bankruptcy and liquidation and intend to make a big profit and run away, they have to ask whether the local government and the central bank are willing to provide a bottom line.

Otherwise, I will catch you and bring you back to the end of the world. Big companies are doing well, so there is no reason to go crazy with them. You can't just do a project and lose your pants, right? In the past, if you raised a sum of funds and were discovered in the middle of the process, you could still give some profits and bring them in to play together. Who dares to enter the market now?
Those who have any connection with the company are actual shareholders. Are they waiting for the financial crisis to happen and then jump off the building together?

However, Li Zehua's strong request to add medium- and high-risk financial products and funds, with special reminders, and to strictly screen qualified investors was ignored.

We must always leave people a way out. According to some people, pursuing high returns means taking high risks, and you have to finish the road you choose even if you have to crawl on your knees.

After the storm, Li, whose mind was extremely calm, could finally calm down and think about the problem. He asked Yu Li's special female assistant to come and clean up the office.

He changed his office environment, washed up, and called Lin Wenhui over, “In the future, when the group’s various platforms issue insurance and wealth management fund projects, those involving medium-risk will be priced 30% higher.

The high risk involved a 100% price increase. ”

Lin Wenhui also knew the inside story, and he smiled and said, "Boss Liu, you will be busy in the future. The exemption clauses need to be reviewed again and again, but fortunately your proposal was not passed.

Otherwise, there will be no way for micropayment platforms to make money in China in the future. "

"Are you obsessed with money?"

Li Zehua stared at him seriously for a few seconds and said unhappily, "Let's see which unlucky guys will take the initiative to fall into the trap in the future.

But it’s okay. People always have to pay the price for their choices. Being able to be fair on the surface is also a kind of progress. At least you don’t have to cheat against your conscience.

Every time I see those standard low-risk or even zero-risk funds, I feel sick and want to vomit. They clearly have no real projects, but they insist on claiming that they represent the future of the industry.

From now on, these people should just go under the line obediently. At least I can't see them and won't be bothered.

You should say hello to Lao Wu. The mini-programs and micro-business platforms on the WeChat platform must be strictly reviewed. We must not allow criminals to take advantage of the convenience of the Internet platform to cause trouble.

Software companies and electronics groups must also keep their eyes open. Any software apps that have not undergone strict review must not be put on the shelves. Who inside the company dares to take bribes?

I said, even if we have to pay a hundred or a thousand times the price, the company will make him regret coming into this world!"

Lin Wenhui nodded heavily. He was very clear about how much the person opposite him had paid to promote legislation.

He didn’t want to dwell too much on this issue. In short, it would always be good for the boss to be kind to his people. But thinking of this, he was curious again: “Why is there such a big commotion in the country?

What if Southeast Asia and other regions follow suit and demand similar regulations to restrict Internet finance? "

"They dare!"

Li Zehua put his hands on the table and leaned forward, feeling full of pressure. "The company's kindness is only to its own people. How dare those data outside ruin the company's plan to make money?"

He is so hypocritical. He recovers the losses of his compatriots in order to increase the capital foundation of Dongda Capital and have a healthier internal economic cycle in the future to support the external expansion of Dongda Capital.

As for the consumers and investors outside the country, what does it have to do with him whether they live or die?

How can the group grow and develop without the resources injected by this group of people?

He is not doing charity, nor is he a saint, so he can’t care so much. “But what you said is also a problem. Fortunately, the financial systems in Europe and the United States are well developed, and the old financial groups are powerful.

Even if someone wants to learn, they can't beat so many competitors. It's a pity that the group can't copy Southeast Asia's system and promote it globally. Otherwise, it could easily make trillions of dollars by trying it in America.

Why bother running the business so hard? Just open it up and let everyone eat as much as they can in their lifetime.

As for those small and medium-sized countries, instead of being harvested by squid capital, it is better for everyone to cooperate for mutual benefit. At least the group can come up with real money instead of learning from Jewish capital and being stingy.

It's just that Lao Mu used other people's money to do other people's things, and when he was done, he threw a piece of bone and said it was a reward. There are actually countless people rushing to curry favor with him. It seems that controlling public opinion is really good!"

To put it bluntly, it's just envy. Unfortunately, even if Southeast University starts to develop today, it will not be able to threaten the core interests on the other side of the ocean within ten years. Qingyun's future will be difficult!

"By the way, there is still more than a month until the meeting. I think your identity is a bit awkward. You have to go to both the Magic City committee member and the Hunan Province representative.

And your proposal, are you serious about it?"

Lin Wenhui had a strange look on his face, with an inexplicable suspicion, mainly because the cross-border proposal proposed by his boss was a bit outrageous.

A big businessman suddenly came up with an idea about allowing second and third children and discussing the importance of population to the development of the economic situation. This is very confusing.

Another proposal is even more outrageous. Qingyun plans to donate a large sum of money to the aviation fundraising and marine rights protection fund in the next few years.

Outsiders may not be familiar with these two departments, but those who are familiar with them can see at a glance that these are the social donation channels for the Air Force and Navy departments under the Five Military Headquarters.

"The population proposal is a long story."

Li Zehua sold milk powder in his previous life, and he enjoyed the last wave of demographic dividend. However, in his opinion, it was a little late. If it had been a few years earlier, the profits would have been greater.

As for what benefits a large population will bring, that depends on the progress of AI technology and basic science. Judging from the general environment when he was reborn, technology will make a leap forward within ten years.

Whether the Age of Interstellar Navigation has just begun or has completely kicked off, the demand for population is unlimited. Whoever has more people can produce more engineering students and science research scientists in proportion.

That would also be a great bargain. As for the internal economic cycle, it would also require a large number of consumers to support it. As for productivity, there would be as many fully automatic and semi-automatic industrial chains as needed.

As long as the distribution of social wealth is relatively balanced, a market as large as half a planet will be enough to support Dongda in completing its industrial upgrading and becoming the most developed system in the whole world.

When the industrialized country with the highest level of science and technology leads the technological trend and takes the initiative to move towards the stars and the sea, all potential enemies should be afraid.

The second proposal is easier to understand. After Qingyun and Nokia signed a series of cooperation agreements with major companies in Germany and France, they also began to spend heavily in Eastern Europe.

Especially industrial workers in Ermao, Finland, Germany and other places, retired engineers, and companies holding basic patents, no matter whether they are outdated or not, as long as they are valuable.

Everything is packed up and taken away. As for the funds, it will be paid for by the lovely American people. Well, it is just as everyone imagined, Qingyun cooperates with CIA, Big Cat and Husky.

In many cities in Eastern Europe and India, they learned the tricks of the United States in supporting the Southeast Fraud Group, and in turn taught the United States a lesson. This thing can only be said to make money too quickly.

Through the virtual currency trading platform and the special financial channels controlled by Qingyun, the hacked money is continuously converted into usable human resources and basic patents.

Li Zehua was also worried that he would be held accountable one day. Although Qingyun had never touched the money from beginning to end, the account would be borne by the Five Military Commandery, and they would also demand a bribe.

So, the timid Mr. Li can only donate money to the national defense fund. It happens that there are many industrial workers, engineers, and scientists from Eastern Europe, who can greatly improve the national defense engineering technology.

Why not quickly build something big to verify whether the direction of technological development is correct?
"With so much money, it's not too much to donate an aircraft carrier, right?
I was born in southern Hunan, and the high-speed rail has already given my town a spot, so it’s not too much to get the naming rights of a battle group for my hometown, right? "

Li Zehua spread his hands with an innocent expression, "We already have some large fixed-wing aircraft in the sea, so it's normal to have some in the sky, right?

If Yanjing didn't look down on it, I would have asked Dajiang to make some drones that can fly into the sky and stay there for seven days and seven nights. It just so happens that they don't like it.

I'll take a bit of a loss and let SF Express, JD.com, Postal Service and Tongda Group use it to deliver express first, isn't that too much?" (End of this chapter)