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?From the perspective of the large-scale investment of the Wang consortium, the British Isles are a better investment destination than the United States.
Although the United States is a highly developed commercial economic system, it has strong limitations, and the psychology of foreign exclusion and prevention is very serious. Most of the sensitive energy utilities do not welcome foreign investment.
Not to mention Hong Kong capital, capital from Japan, South Korea and European allies is also on the vigilance of the Americans.
In Europe, France, where national sentiment is high, also has this tendency to reject investment.
?In comparison, the British Isles are much better than Germany and the Netherlands, with a higher degree of economic openness and liberalization, and open their doors to foreign investment.
?The British Isles, in particular, have become a place where Russian billionaires and Middle Eastern oil tycoons are scrambling to set foot. It is inseparable from its non-discriminatory free business policy, including public infrastructure and energy. Foreign investment is also welcome.
This also attracted the Wang consortium.
At the end of 2003
? HSBC, which is listed in London, is about to conduct a large-scale issuance of new shares. This offering is seen as an obvious indicator of investment, and the Wang consortium will enter the European market on a large scale.
? In the prospectus for the issuance of new shares, HSBC promises;
All the funds raised this time will be used to expand banking, securities, insurance, investment bank sponsorship, VIP wealth management, personalized customized services, etc. in the European market, and comprehensively expand HSBC's influence and market share in Europe.
As the core enterprise of Wang's consortium, HSBC's move serves as a weather vane, warming up for its companies to enter the European market.
? According to the report of the Hong Kong Guantian Economic Research Center;
As the engine of the development of the world's economy and trade, the euro area has a mature business competition environment, which is suitable for the entry of competitive enterprises under the Wang's consortium to obtain long-term stable income.
In terms of investment direction, the research center specifically pointed out;
In the economic growth of the whole of Europe, the consumption expenditure of the household sector accounts for more than half, about 55% to 57%, and the change has been very small for decades, and the performance is very stable.
To be more specific, according to the data of eurostat;
In the data of household consumption expenditure in the Eurozone (2002), housing water, electricity and coal accounted for 23%, food, beverages, and tobacco accounted for 16%, and transportation (including personal car purchases) accounted for 13%. These three items accounted for 52% in total.
The rest, such as entertainment, hotel catering, clothing, home furnishing, medical care, insurance, communications, etc., are all less than 10%.
this means
At present, the main expenditure of households in developed European countries is in the field of infrastructure, and most of the most suitable investments are in the direction of water, electricity, coal (including energy) and transportation, which are indispensable for Europeans.
At the current stage, from the perspective of investment-output ratio, it is relatively cheap to purchase these assets, with an annual rate of return of more than 7.65%, and the probability of becoming a stable growth asset in the future is extremely high.
The professional analysis report made by the Hong Kong Guantian Economic Research Center points out the direction for the next investment.
The focus is on the three major investment directions of communications, energy, public utilities, water, electricity, and gas.
? Wang Yaocheng followed the example of goodness and naturally turned his development direction to Europe. After more than ten years of hard work in the land of the United States, he can basically draw things that can be pulled into his pocket.
It's time to shift positions and develop new broad markets.
After reorganization, Hong Kong Global Crossing Corporation has become a giant multinational communication company across both sides of the Pacific Ocean, with assets all over the United States and Canada, some South American countries, Hong Kong and Southeast Asia.
In terms of scale and volume, it ranks among the top six multinational communication companies in the world.
There are many strong players in the entire European communication market, and the competition is fierce.
That is, there are multinational companies ee, Vodafone, American Telephone and Telegraph Company, and att, as well as powerful British Telecom, Deutsche Telekom, T-Mobile and French Orange Telecom, Telef¨®nica, Swedish and Finnish operator Teliasoneraab, and Norwegian operator Telenorasa , and various telecom operators in Germany, Austria and Ireland.
The multinational telecommunications companies are strong and large, and the strength of small and medium-sized telecommunications companies in various countries is not weak.
Everyone here should not be underestimated. Telef¨®nica wholly owns O2, the UK's second-ranked telecom operator. Currently, due to poor management, it is looking for suitable investors around the world.
This big goal was followed by Hong Kong Global Communications Company.
It is expected that the entire merger will be worth no less than tens of billions of dollars, and will need to be adjudicated by the EU Competition Office.?Whether this cross-border M&A case was successfully released.
some of
The British antitrust regulator Competition and Markets Authority (cma) and the telecommunications regulator ofcom publicly stated their positions, which will have a great impact on the merger, which can be said to be related to the final success or failure.
The EU's ruling power will largely consider the attitude of the British CMA and Ofcom, and will not make a ruling that is against the interests of the British side.
From this point of view;
The personal friendship developed between Wang Yaocheng and Blair, as well as his participation in the British Royal Polo Club, are important high-level interactions, which often have a subtle impact on the final transaction, or even a decisive one.
a few hours later
In the small banquet hall
During the dinner, Wang Yaocheng, the Murdochs, Blair and the Russian billionaire Abramovich had a good chat, and they were talking about a real estate transaction in France.
"This is a 'Leopold' manor overlooking the Riviera Cote d'Azur. It was first built by the Belgian King Leopold for his own woman. It is near the famous resort of Riviera in southern France. hilltop villa.
The estate covers an area of ??about 11 acres, extending to the resort of Ranchi Harbor at the foot of the mountain.
The manor is close to the city of Monte Carlo, Monaco. There are beautiful swimming pools, comfortable leisure places and various exquisite sculptures. The magnificent decoration of the villa looks like a royal palace.
According to Gianni Agnelli, the boss of Fiat, this beautiful mansion in the world usually requires 50 gardeners to maintain and maintain it, and the price is 36 million US dollars.
If I am willing to buy it, I can also give it a French castle worth 4.5 million US dollars not far away. This castle is also very old. It is said that it was the last shelter of the Duke of Windsor and Mrs. Simpson when they fled the UK in 1938. "
"So the result?"
Wang Yaocheng spread his hands and said, "Compared to the lazy French, I think as long as there are 5 Chinese gardeners, they can take good care of the manor, so my real estate agent bought 'Leopold' for 30 million US dollars. De' Manor, and also got the French castle, I hope it will be a very good idea to receive you there for vacation."
Blair smiled and nodded and said: "I hate those boastful Frenchmen, but I don't dislike vacationing on the beautiful Riviera seaside. Compared with the cold British Isles, the southern French seaside is indeed full of romance and warm Mediterranean sunshine. I think it's a great idea."
For European and American politicians, accepting illegal political donations is definitely a scandal, but ordinary people can't say anything against accepting an invitation to go on vacation at a rich man's manor.
Enjoying a peaceful vacation time is the basic right of every citizen.
This kind of very personal communication, using one's own vacation time without wasting taxpayers' money and taking up public resources, is a very common leisure activity in European and American political circles.
Riding horses, fishing, playing golf, or enjoying the warm sunshine of the Mediterranean, the general public will not criticize it.
President Vladimir Putin was also invited to France for vacation, and there are more European political circles. It is not too much for a politician to have a few wealthy friends. Who can not have a few friends? (Remember the site URL: www.hlnovel.com - Didn't finish reading? Add this book to your favoritesI'm a member and bookmarked this chapterCopy the address of this book and recommend it to your friends for pointsChapter error? Click here to report
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