Coquettish Rebirth

In fact, if we continue to study, Jia Hongjian and his team of analysts will find that there are really too many treasures in Citigroup—not to mention, for example, Guangfa and Shanghai Pudong Development Bank in China have shares in them. In the hands of Citigroup!Take Guangfa Bank as an example. In 2006, Citigroup led an investment group, and then invested almost 240 billion yuan to acquire 85% of the shares of Guangfa.Such a share is definitely not only in the hands of Citibank, they hold a total of about 20% of the shares, and the other shares are held by other companies in such an investment consortium.

Such a consortium is really not a consortium composed of foreign banks. In fact, such a consortium is mainly composed of Chinese companies—except for Citigroup, another foreign group is International Business Machines Group, which is IBM.In addition to Citigroup and IBM, there are two giant state-owned enterprises such as CITIC and China Life Insurance.According to the amount of their investment at that time, the final shares held by each company are also different. IBM holds about 4.7% of the shares, and a subsidiary of CITIC has 12.9% of the shares.

In addition to GF, Shanghai Pufa also has shares in Citigroup.Why did Citigroup buy the shares of these two companies?In fact, to put it bluntly, after entering the WTO, with the rules of the opening of the financial market, Citigroup is preparing to enter the Chinese market to conduct business in the future.And at the beginning, these businesses were deposit business, loan business, credit card business, etc. for relatively high-quality customers, but if they rush in to develop the market after the future restrictions are opened, it may not be easy to develop—— After all, I don’t understand market habits and consumer habits.Therefore, it is very normal for Citigroup to invest in the two banks in China now, and then send some people to join the company's management to get familiar with the Chinese market in advance.According to the original plan, it is estimated that after Citigroup has obtained the permission to enter the Chinese market, it will probably sell these shares for money—or not sell them to maintain a good relationship with local Chinese banks.

Under such circumstances, Jia Hongjian did not want to buy the shares of GF and Pudong Development.First of all.The development of these two banks is not bad, but after all, they are not as good as Huaxia Bank. These two are development banks rooted in the local area. When did Pudong Development Bank run outside the scope of Shanghai and Shanghai?When did GF go beyond Lingnan?Although Huaxia Bank started relatively slowly.But now it is slowly opening outlets across the country, and even now in all prefecture-level cities across the country, there are already Huaxia Bank outlets!Although our Huaxia Bank has not been in this industry for as long as China Merchants Bank and others, nor has it been cultivated for as long as others, but we are rich!

China Merchants Bank and the like open various branches.Surely it can't be said that opening a branch at a loss?Surely people can't say that the profit of the whole group is negative for a year after opening branches everywhere, right?But Huaxia Bank can!why?Because Huaxia Hi-Tech is rich!For those enterprises invested by Huaxia Hi-Tech in China and abroad in the past few years, by 06, Jia Hongjian had basically converted their shares into cash one after another. How much money is this?First of all, the foreign BlackBerry, this company was invested by Jia Hongjian with some money to "sponsor" it, and after investing for a while, the popularity of this BlackBerry in the market within a few years is really great!When Jia Hongjian and the others invested in BlackBerry, they had thrown away a little money in total. They exchanged a large amount of shares at a price of about one dollar per share, and half a year before Huaxia Hi-Tech was going to launch SPHONE.Then Huaxia Hi-Tech began to cash out in various ways.So when the stock price reached 120 US dollars, when BlackBerry's market share had reached 40% of the US market, it made a hundredfold profit!Investing 100 million US dollars back then, now can have a return of [-] billion US dollars!

Apart from BlackBerry, there are other investments. For example, PetroChina and Sinopec. After the shares of these two companies are sold, they can earn 70 billion US dollars.Adding up the two sides, the profit has exceeded tens of billions of dollars!Although the level of profitability is not as high as that of BlackBerry, the days when he was a shareholder of Sinopec and PetroChina allowed Jia Hongjian and Huaxia Hi-Tech to establish a very good relationship with these two domestic oil industry giants!Although the shares are now sold.But the human relationship has already been established, and we can still make a lot of money after it is over, which is quite successful!

On the other hand, there are domestic companies such as Mengniu that are invested by Huaxia Hi-Tech.Invested hundreds of millions of RMB.It was changed to a large shareholding, and now the market value of Mengniu has reached the level of 500 billion Hong Kong dollars!Selling our stocks will also bring in tens of billions of Hong Kong dollars!Of course, in order not to sell a large number of stocks in a short period of time and cause the stock price to plummet, we try to sell to other shareholders of the company as much as possible, and it is considered a sale.That is also done slowly in batches, so in the end there are really a lot of funds in the account!

Not to mention that Huaxia Hi-Tech originally had profits from various businesses in China, the United States, and even the world!Originally, Huaxia Hi-Tech's search engine service could earn hundreds of millions of dollars in the world that year, and after adding our SPHONE mobile phone, it would be even more profitable!Although we basically don't make money on the mobile phone itself, we just act as "nature's porters", but this will increase the sales volume. When the sales volume is large, our order quantity is also quite large. When ordering from component manufacturers, the price It can also be very favorable. At the same time, we rely on the application market to earn advertising fees and various video and audio fees.Just for the mobile phone part, the net profit of billions of dollars is recorded in the account every year!

Then we still have the automobile industry in China. Huaxia Automobile can be said to be the automaker with the highest sales in China now. car.In the domestic auto market alone, it is safe to start with 20 billion yuan a year!After the end, there will be LCD panel production lines such as Huaxia Hi-Tech, which is also a very profitable industry.Although the investment in LCD panels is increasing, it will be very profitable after the sales increase—and on the other hand, although each new generation of new production lines requires a lot of investment in research and development, and it seems that every two years If the technology has progressed in the next year, we need to invest more in research and development of the next generation of products, but don't forget that things like LCD production lines are not so easy to be eliminated!For example, Huaxia Hi-Tech is going to put into production the eighth-generation LCD panel production line in the first half of 2008 this year, with an investment of about 20 billion U.S. dollars. The production line of the [-]th generation continues to produce LCD panels-not everyone needs a panel as large as the [-]th generation!

Specifically, the size of the mother board used in the eighth-generation LCD panel is 2.2 meters by 2.5 meters, which can cut out eight 8-inch LCD panels or six 46-inch LCD panels!Such a panel can only be used by TV companies. When will other companies need such a large LCD panel?As for the fourth-generation LCD panel, the most economical cut is 6 inches, which is the most suitable for desktop computers!Even in 55, wouldn't the largest selling size be the 23.5-inch LCD monitor?And like the earlier LCD production line, it can continue to provide LCD panels for various notebooks!So in this way, the LCD production line can actually earn money for many years!

And even in terms of the LCD panel of the TV, the sales volume of Huaxia Hi-Tech is quite good!First of all, China's TV production has reached 45% of the world's level, the whole world!And TV manufacturers like Changhong have already sold their products to Europe and the United States under Jia Hongjian's arrangement!Under such circumstances, after developing the European market and occupying the markets in Central and Eastern Europe and Southern Europe, it also occupied a lot of market share in the low-end markets of Western Europe and Northern Europe. It was a really good day.And it’s even more so in the United States. Relatively speaking, Western Europeans are more hypocritical, things are cheap, and they still worry about the quality of this thing and how long it will last—brother, don’t you know that you get what you pay for?The price of our Chinese products is half of that of Samsung, and the quality can be [-]% of theirs, which is already very worthwhile!Why, you still want our price to be half of theirs, but the quality and durability are exactly the same?Thinking too much?American consumers are more forthright. After seeing the cheap price, they really just pay for it without saying a word!

And after entering 07, the world economy will slowly go down. Under the economic downturn, low-priced products will obviously sell better!In addition, in the past two years, after Changhong entered the European and American markets, it has also begun to slowly develop the markets in Southeast Asia, South America and even Africa. Therefore, in the foreseeable future, the shipment of LCD panels of Huaxia Hi-Tech will continue to increase. Increased!Not only will the shipment rate of large-area panels increase, but small and medium-sized panels targeting markets in various third-world countries will also increase!

In such a situation, Huaxia Hi-Tech saved a lot of money!So it was so easy to give Huaxia Bank billions of RMB to support their branches and sub-branches all over the country!And such an approach scares all other banks!After all, within a year or two, Huaxia Bank will be filled with banks all over the country!Although it cannot be compared with the traditional four major bank outlets, it is much faster than China Merchants Bank!In such a situation, do we still need to buy the shares of Shanghai Pudong Development and GF Development held by Citigroup?It can be said that except for investment purposes, we don't need to buy shares of these two companies at all! (~^~)