Chapter 1108
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As an international financial center, the number of Heung Kong banks is as large as the crucian carp crossing the river. They are divided into British banks, American banks, Japanese banks, European banks, Chinese banks, Chinese banks, and more. There are many other banks, and in the impression of many people, Hengsheng Bank belongs to the Hong Kong Chinese bank with roots.
But strictly speaking, this is not necessarily the case. As early as the 1960s in the Hong Kong banking crisis, Hengsheng Bank, which was unable to cope with the wave of runs, sold 51% of its shares to Huifeng Bank in order to seek Benefit from the shade under the tree to ensure safety; later, Huifeng Bank increased its controlling stake in Hengsheng Bank to more than 60%.
The reason why Hengsheng Bank still gives many people the impression of Heung Kung Hua Capital Bank is because the executives of Huifeng Bank are very shrewd and they want Hengsheng Bank to make the most money for itself. To a certain extent, they respected the rules of the game in the Hong Kong Chinese capital circle, so the management of Hengsheng Bank was basically not touched, but the directors were sent to sit in the office. Anyway, the Chinese management of Hengsheng Bank could not afford to make any waves.
Under such circumstances, whether Hengsheng Bank supports the systemically important financial institution mechanism launched by Sir Gao, President of the Hong Kong Monetary Authority, can be said to be a major strategy. Hengsheng Bank naturally cannot make its own decisions. Nor will it be met with cynicism.
Like hot media reports, they only focus on how Huifeng Bank will decide in the end.
It is no exaggeration to say that the media, regardless of whether they praise or criticize, are in love with Sir Gao in their hearts. Look at others, it is really a treat every day, and the explosive material has never been interrupted. This situation is a bit like the "old script" Li Chuan Jianguo sits After the throne of God Midi, although the media had mixed reactions, the appearance of the flies surrounding him like flies was exactly the same.
Regarding the introduction of the systemically important financial institution mechanism by the Hong Kong Monetary Authority, the sufficient reason given by Sir Gao is to prevent problems with such an important large institution as Standard Chartered Bank. The outside world has nothing to say but accepts it. , The account of the banquet incident at the Ritz Hotel in London, Sir Gao began to find Huifeng Bank to settle the account.
The people watching the fun all admired Sir Gao's shot, how could it be a brilliant move, others just couldn't find enough reason to avenge private revenge!
This is the mystery and power of mastering the rules. Just like the previous challenge of Dragonair to China Pacific Airlines, the ghosts only rely on one common rule, that is, a route is only operated by one airline, sharing it is a favor, eating alone is a duty, so The Dragonair was exhausted to the last breath.
The mechanism of systemically important financial institutions can only be described as upright and upright. The financial and economic circles can be described as continuous research, and the final conclusion is that no bank can withstand the temptation of this high hat. Standard Chartered Bank, Yili Bank, Youya Bank, Bank of China agreed very happily, which is a proof.
It is true that the mechanism of systemically important financial institutions has indeed improved a level in terms of supervision, and data indicators and information disclosure have been further tightened. Lili Bank, Standard Chartered Bank, Bank of China, Hengsheng Bank, and Youya Bank really did not add additional burdens.
Taking the data indicator of the bank's capital adequacy ratio as an example, the amendment to the Hong Kong Banking Regulations promoted by Sir Gao requires no less than 8%. The implementation transition period has passed, and the banks have achieved it.
To go further, the banks that have survived several banking crises have now regarded sound operation as a top priority, which is reflected in the data indicator of the bank's capital adequacy ratio, which is often higher than 8%. The statutory provisions are more conservative, reaching more than ten percent everywhere.
As for information disclosure, Lili Bank, Standard Chartered Bank, Hengsheng Bank, and Youya Bank are all listed companies, and they must do well enough themselves; Bank of China's situation is special, but because of this special situation, people with discerning eyes know that the guarantees behind them are sufficient.
Without imposing additional burdens, banks on the list of systemically important financial institutions can receive cheering support from the Hong Kong Monetary Authority, including the trading of Hong Kong Exchange Fund bills and bonds, discount windows, overnight lending, and more. "Take care" within the company, and then stand out from the list of primary dealers of the Hong Kong Monetary Authority.
Many financial observers pointed out that if Hengsheng Bank could make its own decisions, it should have jumped on the high ground with Liyi Bank and Youya Bank, and rushed to the arms of the list of systemically important financial institutions.
As for Huifeng Bank, which was not mentioned separately, where is the difference?
It is mainly stuck in information disclosure, and the root is still the current Huifeng Bank. As a company, especially a public listed company, it does not follow the Hong Kong company law, but implements its own Huifeng regulations.
Just to give an example, the amount of internal reserves of Huifeng Bank has not been disclosed, and the outside world is unknown. Even when the U.S. acquired Ocean Millan Bank and the U.K. acquired a 14.9 percent stake in Midland Bank, Wellcome Bank did not respond publicly.
In fact, such specialities have also become a major stumbling block affecting the negotiation in the process of Huifeng Bank's pursuit of internationalization.
Seeing that Huifeng Bank was slow to respond, the voices of debates and even quarrels were rampant.
Among them, the kind of person who has become a habit after kneeling for a long time and has mysterious beliefs can be called spectacular. When will Huifeng Bank not pay dividends? If you don't even believe in Huifeng Bank, then there is no bank worth trusting, Yunyun.
The other party has always insisted that the dividend distribution is only a small pattern. It is obvious to all. Since 1985, the Hong Kong stock market and real estate industry have completely warmed up. In the global stock market crash on Monday, it was hit by an impact that cannot be ignored; Affected by the current economic recession in Australia, Huifeng Bank has suffered serious losses in its business there; since the acquisition of the American Ocean Milan Bank, Huifeng Bank has transfused hundreds of millions of blood to it every year. US dollars; Huifeng Bank spent huge sums of money to acquire 14.9% of the shares of Midland Bank in the United Kingdom, and found no obvious benefits...
Adding up these numerous problems, why do you know that Huifeng will not be negatively affected? Disclosing relevant information is the attitude of being responsible to the majority of Huifeng stock holders.
Anyone who eats melons outside can see the mystery, and Huifeng’s internal analysis will only go deeper. The systemically important financial institution launched by Sir Gao has a privileged position that allows Huifeng to act in accordance with its own regulations. .
Acting on the Huifeng Regulations now?
Huifeng Daban Pu Weishi dared not. He already felt the chill of the crowd of tigers. Looking at the posture of those American banks and Japanese banks who were full of interest, as long as the shareholding ratio should not exceed 1%, It is a situation of swarming and biting.
Gao Xian is ruthless enough, but if he doesn't make a move, he can stir up the whole situation and force people to death!
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As an international financial center, the number of Heung Kong banks is as large as the crucian carp crossing the river. They are divided into British banks, American banks, Japanese banks, European banks, Chinese banks, Chinese banks, and more. There are many other banks, and in the impression of many people, Hengsheng Bank belongs to the Hong Kong Chinese bank with roots.
But strictly speaking, this is not necessarily the case. As early as the 1960s in the Hong Kong banking crisis, Hengsheng Bank, which was unable to cope with the wave of runs, sold 51% of its shares to Huifeng Bank in order to seek Benefit from the shade under the tree to ensure safety; later, Huifeng Bank increased its controlling stake in Hengsheng Bank to more than 60%.
The reason why Hengsheng Bank still gives many people the impression of Heung Kung Hua Capital Bank is because the executives of Huifeng Bank are very shrewd and they want Hengsheng Bank to make the most money for itself. To a certain extent, they respected the rules of the game in the Hong Kong Chinese capital circle, so the management of Hengsheng Bank was basically not touched, but the directors were sent to sit in the office. Anyway, the Chinese management of Hengsheng Bank could not afford to make any waves.
Under such circumstances, whether Hengsheng Bank supports the systemically important financial institution mechanism launched by Sir Gao, President of the Hong Kong Monetary Authority, can be said to be a major strategy. Hengsheng Bank naturally cannot make its own decisions. Nor will it be met with cynicism.
Like hot media reports, they only focus on how Huifeng Bank will decide in the end.
It is no exaggeration to say that the media, regardless of whether they praise or criticize, are in love with Sir Gao in their hearts. Look at others, it is really a treat every day, and the explosive material has never been interrupted. This situation is a bit like the "old script" Li Chuan Jianguo sits After the throne of God Midi, although the media had mixed reactions, the appearance of the flies surrounding him like flies was exactly the same.
Regarding the introduction of the systemically important financial institution mechanism by the Hong Kong Monetary Authority, the sufficient reason given by Sir Gao is to prevent problems with such an important large institution as Standard Chartered Bank. The outside world has nothing to say but accepts it. , The account of the banquet incident at the Ritz Hotel in London, Sir Gao began to find Huifeng Bank to settle the account.
The people watching the fun all admired Sir Gao's shot, how could it be a brilliant move, others just couldn't find enough reason to avenge private revenge!
This is the mystery and power of mastering the rules. Just like the previous challenge of Dragonair to China Pacific Airlines, the ghosts only rely on one common rule, that is, a route is only operated by one airline, sharing it is a favor, eating alone is a duty, so The Dragonair was exhausted to the last breath.
The mechanism of systemically important financial institutions can only be described as upright and upright. The financial and economic circles can be described as continuous research, and the final conclusion is that no bank can withstand the temptation of this high hat. Standard Chartered Bank, Yili Bank, Youya Bank, Bank of China agreed very happily, which is a proof.
It is true that the mechanism of systemically important financial institutions has indeed improved a level in terms of supervision, and data indicators and information disclosure have been further tightened. Lili Bank, Standard Chartered Bank, Bank of China, Hengsheng Bank, and Youya Bank really did not add additional burdens.
Taking the data indicator of the bank's capital adequacy ratio as an example, the amendment to the Hong Kong Banking Regulations promoted by Sir Gao requires no less than 8%. The implementation transition period has passed, and the banks have achieved it.
To go further, the banks that have survived several banking crises have now regarded sound operation as a top priority, which is reflected in the data indicator of the bank's capital adequacy ratio, which is often higher than 8%. The statutory provisions are more conservative, reaching more than ten percent everywhere.
As for information disclosure, Lili Bank, Standard Chartered Bank, Hengsheng Bank, and Youya Bank are all listed companies, and they must do well enough themselves; Bank of China's situation is special, but because of this special situation, people with discerning eyes know that the guarantees behind them are sufficient.
Without imposing additional burdens, banks on the list of systemically important financial institutions can receive cheering support from the Hong Kong Monetary Authority, including the trading of Hong Kong Exchange Fund bills and bonds, discount windows, overnight lending, and more. "Take care" within the company, and then stand out from the list of primary dealers of the Hong Kong Monetary Authority.
Many financial observers pointed out that if Hengsheng Bank could make its own decisions, it should have jumped on the high ground with Liyi Bank and Youya Bank, and rushed to the arms of the list of systemically important financial institutions.
As for Huifeng Bank, which was not mentioned separately, where is the difference?
It is mainly stuck in information disclosure, and the root is still the current Huifeng Bank. As a company, especially a public listed company, it does not follow the Hong Kong company law, but implements its own Huifeng regulations.
Just to give an example, the amount of internal reserves of Huifeng Bank has not been disclosed, and the outside world is unknown. Even when the U.S. acquired Ocean Millan Bank and the U.K. acquired a 14.9 percent stake in Midland Bank, Wellcome Bank did not respond publicly.
In fact, such specialities have also become a major stumbling block affecting the negotiation in the process of Huifeng Bank's pursuit of internationalization.
Seeing that Huifeng Bank was slow to respond, the voices of debates and even quarrels were rampant.
Among them, the kind of person who has become a habit after kneeling for a long time and has mysterious beliefs can be called spectacular. When will Huifeng Bank not pay dividends? If you don't even believe in Huifeng Bank, then there is no bank worth trusting, Yunyun.
The other party has always insisted that the dividend distribution is only a small pattern. It is obvious to all. Since 1985, the Hong Kong stock market and real estate industry have completely warmed up. In the global stock market crash on Monday, it was hit by an impact that cannot be ignored; Affected by the current economic recession in Australia, Huifeng Bank has suffered serious losses in its business there; since the acquisition of the American Ocean Milan Bank, Huifeng Bank has transfused hundreds of millions of blood to it every year. US dollars; Huifeng Bank spent huge sums of money to acquire 14.9% of the shares of Midland Bank in the United Kingdom, and found no obvious benefits...
Adding up these numerous problems, why do you know that Huifeng will not be negatively affected? Disclosing relevant information is the attitude of being responsible to the majority of Huifeng stock holders.
Anyone who eats melons outside can see the mystery, and Huifeng’s internal analysis will only go deeper. The systemically important financial institution launched by Sir Gao has a privileged position that allows Huifeng to act in accordance with its own regulations. .
Acting on the Huifeng Regulations now?
Huifeng Daban Pu Weishi dared not. He already felt the chill of the crowd of tigers. Looking at the posture of those American banks and Japanese banks who were full of interest, as long as the shareholding ratio should not exceed 1%, It is a situation of swarming and biting.
Gao Xian is ruthless enough, but if he doesn't make a move, he can stir up the whole situation and force people to death!
As an international financial center, the number of Heung Kong banks is as large as the crucian carp crossing the river. They are divided into British banks, American banks, Japanese banks, European banks, Chinese banks, Chinese banks, and more. There are many other banks, and in the impression of many people, Hengsheng Bank belongs to the Hong Kong Chinese bank with roots. But strictly speaking, this is not necessarily the case. As early as the 1960s in the Hong Kong banking crisis, Hengsheng Bank, which was unable to cope with the wave of runs, sold 51% of its shares to Huifeng Bank in order to seek Benefit from the shade under the tree to ensure safety; later, Huifeng Bank increased its controlling stake in Hengsheng Bank to more than 60%. The reason why Hengsheng Bank still gives many people the impression of Heung Kung Hua Capital Bank is because the executives of Huifeng Bank are very shrewd and they want Hengsheng Bank to make the most money for itself. To a certain extent, they respected the rules of the game in the Hong Kong Chinese capital circle, so the management of Hengsheng Bank was basically not touched, but the directors were sent to sit in the office. Anyway, the Chinese management of Hengsheng Bank could not afford to make any waves. Under such circumstances, whether Hengsheng Bank supports the systemically important financial institution mechanism launched by Sir Gao, President of the Hong Kong Monetary Authority, can be said to be a major strategy. Hengsheng Bank naturally cannot make its own decisions. Nor will it be met with cynicism. Like hot media reports, they only focus on how Huifeng Bank will decide in the end. It is no exaggeration to say that the media, regardless of whether they praise or criticize, are in love with Sir Gao in their hearts. Look at others, it is really a treat every day, and the explosive material has never been interrupted. This situation is a bit like the "old script" Li Chuan Jianguo sits After the throne of God Midi, although the media had mixed reactions, the appearance of the flies surrounding him like flies was exactly the same. Regarding the introduction of the systemically important financial institution mechanism by the Hong Kong Monetary Authority, the sufficient reason given by Sir Gao is to prevent problems with such an important large institution as Standard Chartered Bank. The outside world has nothing to say but accepts it. , The account of the banquet incident at the Ritz Hotel in London, Sir Gao began to find Huifeng Bank to settle the account. The people watching the fun all admired Sir Gao's shot, how could it be a brilliant move, others just couldn't find enough reason to avenge private revenge! This is the mystery and power of mastering the rules. Just like the previous challenge of Dragonair to China Pacific Airlines, the ghosts only rely on one common rule, that is, a route is only operated by one airline, sharing it is a favor, eating alone is a duty, so The Dragonair was exhausted to the last breath. The mechanism of systemically important financial institutions can only be described as upright and upright. The financial and economic circles can be described as continuous research, and the final conclusion is that no bank can withstand the temptation of this high hat. Standard Chartered Bank, Yili Bank, Youya Bank, Bank of China agreed very happily, which is a proof. It is true that the mechanism of systemically important financial institutions has indeed improved a level in terms of supervision, and data indicators and information disclosure have been further tightened. Lili Bank, Standard Chartered Bank, Bank of China, Hengsheng Bank, and Youya Bank really did not add additional burdens. Taking the data indicator of the bank's capital adequacy ratio as an example, the amendment to the Hong Kong Banking Regulations promoted by Sir Gao requires no less than 8%. The implementation transition period has passed, and the banks have achieved it. To go further, the banks that have survived several banking crises have now regarded sound operation as a top priority, which is reflected in the data indicator of the bank's capital adequacy ratio, which is often higher than 8%. The statutory provisions are more conservative, reaching more than ten percent everywhere. As for information disclosure, Lili Bank, Standard Chartered Bank, Hengsheng Bank, and Youya Bank are all listed companies, and they must do well enough themselves; Bank of China's situation is special, but because of this special situation, people with discerning eyes know that the guarantees behind them are sufficient. Without imposing additional burdens, banks on the list of systemically important financial institutions can receive cheering support from the Hong Kong Monetary Authority, including the trading of Hong Kong Exchange Fund bills and bonds, discount windows, overnight lending, and more. "Take care" within the company, and then stand out from the list of primary dealers of the Hong Kong Monetary Authority. Many financial observers pointed out that if Hengsheng Bank could make its own decisions, it should have jumped on the high ground with Liyi Bank and Youya Bank, and rushed to the arms of the list of systemically important financial institutions. As for Huifeng Bank, which was not mentioned separately, where is the difference? It is mainly stuck in information disclosure, and the root is still the current Huifeng Bank. As a company, especially a public listed company, it does not follow the Hong Kong company law, but implements its own Huifeng regulations. Just to give an example, the amount of internal reserves of Huifeng Bank has not been disclosed, and the outside world is unknown. Even when the U.S. acquired Ocean Millan Bank and the U.K. acquired a 14.9 percent stake in Midland Bank, Wellcome Bank did not respond publicly. In fact, such specialities have also become a major stumbling block affecting the negotiation in the process of Huifeng Bank's pursuit of internationalization. Seeing that Huifeng Bank was slow to respond, the voices of debates and even quarrels were rampant. Among them, the kind of person who has become a habit after kneeling for a long time and has mysterious beliefs can be called spectacular. When will Huifeng Bank not pay dividends? If you don't even believe in Huifeng Bank, then there is no bank worth trusting, Yunyun. The other party has always insisted that the dividend distribution is only a small pattern. It is obvious to all. Since 1985, the Hong Kong stock market and real estate industry have completely warmed up. In the global stock market crash on Monday, it was hit by an impact that cannot be ignored; Affected by the current economic recession in Australia, Huifeng Bank has suffered serious losses in its business there; since the acquisition of the American Ocean Milan Bank, Huifeng Bank has transfused hundreds of millions of blood to it every year. US dollars; Huifeng Bank spent huge sums of money to acquire 14.9% of the shares of Midland Bank in the United Kingdom, and found no obvious benefits... Adding up these numerous problems, why do you know that Huifeng will not be negatively affected? Disclosing relevant information is the attitude of being responsible to the majority of Huifeng stock holders. Anyone who eats melons outside can see the mystery, and Huifeng's internal analysis will only go deeper. The systemically important financial institution launched by Sir Gao has a privileged position that allows Huifeng to act in accordance with its own regulations. . Acting on the Huifeng Regulations now? Huifeng Daban Pu Weishi dared not. He already felt the chill of the crowd of tigers. Looking at the posture of those American banks and Japanese banks who were full of interest, as long as the shareholding ratio should not exceed 1%, It is a situation of swarming and biting. Gao Xian is ruthless enough, but if he doesn't make a move, he can stir up the whole situation and force people to death!
