Coquettish Rebirth

In addition to owning shares in China's GF Pudong Development, this Citigroup still has a lot of business around the world, and also has many bank shares.For example, AKBANK, the Turkish bank, is a bank in which Citigroup has a stake.Citi once bought about 10% of the bank's shares, and the estimated value is about 10 billion US dollars. In some respects, this bank is better than Shanghai Pudong Development and Guangfa Development. It is basically the same as China's four major banks. It cannot be compared, and it is estimated that it cannot even be compared with China Merchants Bank.For such a Turkish bank, Jia Hongjian is not interested at all. From any point of view, Turkey is not an emerging market like India, Brazil, and China, nor is it a mature consumer market like Western Europe or the United States. Not many people!The population of Turkey as a whole is about 7000 million people, which is about the same as the population of our domestic provinces—the populations of some of the most populous provinces in China are all over [-] million!

So going to Turkey to buy a bank is actually almost like choosing a provincial-level rural commercial bank in China to buy shares-the so-called rural commercial bank is an evolutionary form of rural credit cooperatives!If you really want to invest in buying shares, isn’t it better for us to buy shares in domestic banks than in Turkish banks?Even in the past few years, commercial banks in various provinces have gradually emerged in China, such as Subei Bank and Zhedong Bank. Although these banks basically develop within the scope of the province, they are not the same as Turkey. Is it?Don't Turkish banks also develop in their country?Then the population is less than [-] million, which is about the same as our domestic provinces.Therefore, investing in Turkish banks is really better than directly investing in dozens of provincial commercial banks in our country. Moreover, China’s future economic development still has prospects. These provincial commercial banks are often linked to the pensions of ordinary people in the province. , so it is really better to invest in domestic provincial banks!

Among other things, even Citibank itself has entered the Turkish market for 40 years, but after 40 years of development, their branches in Turkey have only 500 employees in total!Opening a branch in one country has only 500 employees!This fully proves that Citigroup just treats the Turkish market as a small piece of meat.There is no need for Huaxia Hi-Tech to buy shares in the past!

After further investigation, Citigroup also holds 51% of the controlling stake in Aeromexico. During the share reform in 2005, Aeromexico, which was originally a state-owned enterprise, was sold a lot of shares by the Mexican government. Zi bought 51% of the shares in cash.Suddenly became the controlling shareholder of Mexico Airlines.As for Aeromexico, one of the largest airlines in Mexico, it has not yet been listed!So seeing this, Jia Hongjian felt that Citigroup should want to "swallow" Mexico's state-owned assets, and then wait for the listing to sell them for money?After all, the stock price will definitely soar as soon as it goes public, and the shares will be sold at that time.You can make money no matter what!

Such a thing made Jia Hongjian feel that it had great investment prospects, so by the way, he asked the people below to quickly investigate the history and related information of Aeromexico.As a result, I don’t know if I don’t investigate, this Aeromexico is actually the fourth oldest airline in the world!Founded in 1924, the company was the first airline established in Mexico and has remained a state-owned company in Mexico ever since.Currently, in addition to domestic services, it also operates services in North America, Central America, the Caribbean, South America and Europe.Its main hub is Mexico City International Airport.Then there is Cancun International Airport and the international airport in Guadalajara.Then such a former state-owned airline, the delay rate is not bad, more than 90% of the flights can be guaranteed to arrive on time, and after being acquired and privatized in 2005, it also launched a low-cost airline model in Mexico. It used to develop pretty well.

However, such a low-cost airline model has not been able to reverse the situation of the lack of profitability of Mexico Airlines-this situation of Mexico Airlines is a dilemma that many state-owned enterprises in Western countries will face!You must know that in the past, even in the UK, the railways were state-owned!But the railways are state-owned, just like China. As a result, even the state-owned railways in the UK have high operating costs.Not only can it not make money, but it also needs the government to allocate a lot of money to the railway department every year.This way of posting too much money has been posted for a long time, especially when the economy is not good, voters make a fuss.So some politicians must have come forward to say that they want to sell state-owned assets and cut down those state-owned enterprises that need continuous blood transfusion.But the problem is that after selling the company to private individuals, it is not as vigorous as everyone thinks!

As far as British Railways is concerned, it has been sold to private individuals, and the various delay rates have not improved at all.Not to mention the continuous rise in ticket prices, no matter whether it is a train or a railway, it will not be replaced or repaired for a long time - the capitalists bought the railway company to make money, not to learn from Lei Feng and do good things, of course they want to make money Do everything possible to keep operating costs down!Just like in China, the railway department can not raise fares for more than ten years under the government's regulations. When ordinary people's wages have risen several times due to inflation and other reasons, the train fares are still the same as ten years ago , but this is impossible for capitalists!In the 90s, ordinary people were paid less than 1000 yuan a month, and a hard sleeper train with a distance of 200 kilometers cost more than 3000 yuan. Why do ordinary people earn 200 yuan, and the train fare is still more than 600 yuan?Obviously, it should double the income of ordinary people!In this way, when the price of train tickets increases to 700 to [-] yuan, on the one hand, the fare is cheaper than air tickets, and the train is more comfortable than long-distance buses. This really forces people to buy train tickets!And when it comes to the Chinese New Year and the holidays, the price of the train ticket will definitely double!What if capitalists double their prices in order to make money, not for charity?

Since then, the common people must have complained!So British railways have gone through a series of processes of privatization, nationalization, and then privatization in history. Anyway, the common people are not satisfied, and then politicians toss back and forth in order to vote, following the wishes of the common people. Anyway, in the end, after all the tossing and tossing, the money spent on buying and selling is not the politicians' own money.

Having said that, after Aeromexico was privatized, and after Citigroup took control of it, it carried out various market-oriented reforms, started low-cost airlines, and tried to reduce costs in various ways.But how to do it, such a company is actually a bit hard to return. Although it has begun to make profits, the speed of development is still far from that of Mexico's private Volaris airline!Although Aeromexico has indeed started to turn losses into profits and make money, this airline is mainly engaged in the business of Mexico and neighboring countries. The basic market is so big, and the competitors are still developing faster than them. , so it is estimated that based on ten years as a unit, the future profit margin of this enterprise is not very good-after all, the cake will still be snatched away!

While analyzing, Jia Hongjian discovered that the ground infrastructure in Mexico is actually very poor. There are really very few highways, and the construction of various domestic roads is also very inadequate.From this point of view, in fact, the infrastructure market has a lot of room for development, but considering the chaotic security environment in Mexico, Jia Hongjian really dare not invest and develop in the past!If you want to know a country like Mexico, what kind of chaos has it become?The country's special forces can be poached collectively by drug lords!The special forces, the ones who formed the system went from eating the imperial food to defending the country together, and then ran away from the barracks together, and became the private army of drug lords!Then he fought with the police who came to fight the drug lords!What kind of special forces help drug lords beat the police... Can this country be saved?

To some extent, Mexico is a country that is controlled by the Mexican government on the surface, but is actually ruled by various big drug lords in Mexico—from politicians to the police and a series of institutions, It had been infiltrated by drug lords for decades!For example, there are some politicians in Mexico who are motivated to fight against drug dealers. Seriously, the second day after taking office, there is a possibility that drug dealer gunmen will rush into this family, kill the family and hang them on the viaduct for public display!What do you think we are going to mix with this kind of country?Let this kind of country continue to degenerate beside the United States!If Jia Hongjian is really asked to invest, Jia Hongjian would rather invest in India than in Mexico!

However, among Citigroupers, there are still many businesses that Jia Hongjian can be interested in—for example, the consumer credit card department in Japan!If such a department cooperates with Huaxia Hi-Tech's mobile payment, can it also easily enter the Japanese market?In terms of pure investment, there is also a private equity fund like Citigroup Venture Capital International, which can also attract Jia Hongjian's interest.What is a Private Equity Fund?To put it bluntly, it is a fund that invests venture capital in companies that are not listed, and acquires the equity of those companies that are not listed.

Venture capital is interesting, especially when Jia Hongjian studied economics and learned that there is also a long-wave theory in economics, saying that the future of our world will be restricted by technological development and there will be a decade Even longer periods of depression—sometimes the development of science and technology is very irregular. For a few years, there may be no breakthroughs in a series of scientific and technological achievements, and then suddenly everyone breaks through in ten or eight years!As a result, the economy was affected, that is, a period of high-speed turbulence, like the end of the 20th century and the beginning of the 21st century, and then after a period of time, the economic development was like constipation.As for venture capital, if it is done well, it can make good profits, and it is even very helpful for Huaxia Hi-Tech to lay out potential breakthroughs in technology research and development in the future-after all, as a venture capital, we spend money here Yes, that requires a return on equity!

In the past, Citigroup’s venture capital private equity fund was for the rich. After the rich bought such a wealth management product, Citigroup used the money to invest in venture capital, and then gave back to the investment when it made profits. Or, what if we buy such a venture capital private equity fund and transform it into the venture capital department of our Huaxia Hi-Tech?We don't need to bring rich people in to invest together. Our own investment takes all the benefits, how about it? (~^~)