Font
Large
Medium
Small
Night
Prev Index    Favorite Next

Chapter 955: World-Class Financial Giants (21)

Especially the major media on Wall Street.

After Far East Bank, a subsidiary of Bentayga Capital, obtained the foreign exchange transaction and currency exchange business license of China currency around the world, began to dig deep into the motivation behind this, pointing the finger at the central bank of China, and bluntly stated that all expansion behaviors of the Bentayga Capital Group were dominated by the central bank of China.

besides……

They also warned market investors and followers from all sides, saying that this is the beginning of Chinacoin's comprehensive expansion internationally.

"Internationalization of China's currency? Judging from the actions of the central bank's institutions, it seems that the 'Bentay Capital' Group carries the macro-financial strategy of the central bank's institutions, and there is still a certain basis."

"Nothing strange is it? The vitality and growth rate of China's economy are already at the core of the world, and its internationalization of its currency should be inevitable."

"This is just like in the decade of the 1980s, with the rapid growth of Japan's economy and the rapid growth of its economy, the yen became a global trade currency."

"While the Chinese economy accounts for an increasingly heavy proportion in the global economy, the globalization of the Chinese currency is an inevitable path."

"At most, it is just the rapid growth of the Bentayga Capital Group and the global foundation it has established, which has intensified the process of globalization of China currency."

"Actually... this has no impact on our investors."

"That's true. Wall Street media propaganda is mainly affected by those capital institutions that have become direct competitors of Bentayga Capital."

"Well, it really has no impact on ordinary investors."

"However, if Chinese currency enters the global mainstream monetary system, it will have a great impact on the current world financial pattern and foreign exchange trading pattern."

"I feel that there is still a great opportunity for speculation here!"

"After the marketization of the Chinese currency exchange rate, with the economic development potential of China, the Chinese currency should be in a continuous appreciation trend compared to the US dollar, right?"

“According to market expectations, this should be the case.”

"If the Fed's qe plan continues to be implemented, it should be a sure thing for the Chinese currency to appreciate compared to the US dollar."

"Didn't many of our domestic institutions have a premonition that the Chinese currency will appreciate significantly in the future compared to the US dollar, so they have poured into China to invest on a large scale?"

"I heard that the reason why BNM Milong and Bentayga Capital reached a cooperation is to enter the mainland Chinese market on a large scale."

"Don't look at Goldman Sachs, Morgan's targeting the Bentayga Capital Group to comprehensively curb the expansion of Chinese-funded institutions in my country and even the global market. In fact, they are also supportive in investing in China."

"But... if the road to internationalization of Chinese currency is completed."

"There is a high probability that the Chinese economy will replicate the economic trend of Japan in the 1980s and 1990s?"

"What the giants on Wall Street are probably worried about is that the rise of China will eventually move the global economic center eastward, and... no matter what aspect our country is, its constraints on China are very limited."

"This is the country's macroeconomic strategy and something that should be considered. I don't think we have to worry too much. It is more important to look at the current situation. The listing and trading of various funds under the Bentayga Capital Group, as well as the exchange rate marketization of China currency, and online exchange rate trading are the most important for us."

"After all, we can share the investment profits here."

Among Wall Street media and other media outlets are alarmist reports, the majority of retail investors in the market are not very concerned about the far-reaching impact of the internationalization of China currency.

On the contrary, a series of capital giants such as Goldman Sachs and Morgan are a little nervous about this and have a sense of crisis.

"Far East Bank!" Morgan President Ross Angbel held the comprehensive data of Far East Bank in his hand, frowned and sighed, "I was just a small local bank in Hong Kong City controlled by HSBC. I didn't expect that in just a few years, its asset size and number of branches distributed around the world were almost the same as Morgan of our group."

"I should have taken action to curb them earlier, hey..."

"I didn't expect that the Bentayga Capital Group has really become a direct export platform for the Central Bank of China to implement monetary globalization." David Lald of Morgan Investment Division stood beside Ross Angbel, took the data file from the president, glanced at it, and frowned, "At that time... the Fed and other regulatory departments allowed the Lehman Brothers who merged and closed down the Bentayga Capital Group. Now, it's a big mistake!"

"If Lehman Brothers hadn't accumulated nearly a hundred years of foundation and customer base around the world."

"No matter it is the asset management and investment department of Bentayga Capital Group or the Far East Bank, it is impossible to expand so quickly."

"Thousands of branches, millions of direct customer groups, and their successive transaction seats and business licenses in major financial markets around the world."

"In the current situation, it may be difficult to curb them."

"We may find it difficult to resist the Chinese currency internationalization strategy of the People's Bank of China."

"The Fed, Congress, and the White House guys are just too stupid." Ross Angbel said helplessly, "The consequences caused by allowing Chinese capital to expand stably will only increase."

"What a pity, they won't listen to anything they say at this time."

"There's no way!" said David Lalder. "In terms of priority, the Middle East and domestic problems still need to be resolved, and the federal government cannot get out of here at the moment."

"Besides, at this time, everyone also needs the Chinese market to transfer industries."

"I'm afraid that the other party has opened up a financial hole, and it will be difficult for us to curb them from other aspects in the future." Ross Angbel said, "I'll go to see Mr. Bernanke in person tomorrow. If possible, I'll try to curb the continued expansion of the Bentayga Capital organization around the world."

"When the institution began to blend with the central bank's macro strategy."

"This is not just a matter of market competition."

Since the growth of the Bentayga Capital Group, Ross Angbel has felt the huge threat this institution has brought to the entire Wall Street and the entire Federation.

And, he had a feeling...

If this institution cannot gather the financial power of Wall Street to carry out comprehensive containment, the threats posed in the future will become greater and greater.

Of course, he believes that this threat comes not only from the financial field.

After all, the current "Bentayga Capital" Group has its tentacles that have reached all walks of life around the world, and its influence has also penetrated into all walks of life around the world.

When Morgan President Ross Angbel was anxious and ready to do his best to convince Bernanke to restart the relevant strategies to curb Chinese investment and business operations in the North American market.

China, Ningzhou!

After deploying the group to undertake the relevant business of the central bank's China Currency Internationalization Strategy, Su Yue also began to ponder the next core development direction and investment direction of the Bentayga Capital Group.

"What do you think?" Su Yue asked at an internal meeting.

"We have almost solid foundations in the global financial field so far," said Guo Kunze. "In the next five years, I think in terms of the overall development pattern, we can maintain the parallel development of asset management fund business, market investment business, securities business, and investment banking business."

"As for the new direction..."

"I think the focus of the investment direction can be changed, and the group's main business cannot be changed."

"Our development in these four businesses is just on track and is far from reaching the level of expansion, so there is no need to expand horizontally."

Su Yue nodded slightly: "It is certain to focus on the main business. I have never said that I should make changes in the main business."

"What I asked is what you think we should focus on the next investment direction, which direction should we change."

Yang Liguo was stunned and asked: "Didn't the Chairman say that our market investment goals in the next one to two years will still focus on the mobile Internet and smartphone industry chains?"

"I said it, but I think... it should be seen in the long run." Su Yue said, "After we cooperated closely with the central bank, it would be a public showdown in the global market. Almost all large capital institutions around the world have already considered us an agency for the expansion of our country's national capital."

"Once this hat is taken on, it will be difficult to take it off again."

"Of course, there is no need to take it off."

"Our group has grown to this point and should also shoulder some responsibilities, and will make more contributions to the rise of our country's comprehensive national strength."

“So, capital groups across the world are no longer so tolerant of us.”

"Even countries around the world will make equal requirements for our group's project investment in their territory in accordance with the foreign investment standards of national capital."

“This will restrict our investment goals around the world.”

"Even as time goes by, countries will target us and restrict our investments will become more and more areas."

"So, I want to take advantage of the fact that our group is sufficiently funded, and overseas countries are not fully prepared for our group, and there are not many areas that restrict our investment. We will increase the scale of foreign investment and strive to continue to strengthen and deepen our future layout in the time of strategic investment opportunities."

"But no one can predict the future development." Gu Yunxi said, "The ones that can be seen clearly at present are the smartphone industry chain and related industries that are generated by the transformation of smartphones."

"Then how about investing horizontally and vertically with smartphones as the core point?" Su Yue said, "Electronics technology, information transmission, acoustics, optics, semiconductors, mobile Internet... in these fields, any valuable and potential enterprises and projects should participate."

“In addition, energy investment should also go further.”

"The horizontal and vertical investment with smartphones as the core point is not a problem with our group's capital volume." Yang Liguo said, "But in terms of energy, traditional energy, the global pattern has been formed, and the monopoly status in this field is more serious than we imagined. It is very difficult for us to enter."

They had to buy a Northern Australian mining company.

Not to mention other large oil and gas groups, they are basically markets monopolized by countries around the world and they cannot pry them.

Su Yue paused and said with a smile: "The traditional energy pattern has been formed in the last century. It is normal for us to not get in."

"What I'm talking about is not traditional energy, but the layout of new energy."

"New Energy?" Guo Kunze, Yang Liguo, and Gu Yunxi were all stunned and wondered, "Isn't this thing... just a hype concept? Can you really believe it?"

Su Yue smiled and said, "Although this concept is indeed unreliable at present, I don't know where the future is."

"But when the relationship between economic development and the environment is reversed again, especially when the global greenhouse effect is becoming more and more serious, the relevant new energy issues will definitely be raised by various countries again."

"Of course, it is precisely because people now have a very distrustful attitude towards this concept."

"So, it seems easier for us to layout related resources."

"When everyone realizes that this is the inevitable direction of future development, just like the current situation of the smartphone industry chain, it is valuation Feitian and a red ocean of investment."

"Although investments now have risks, the cost is also low."

"The Chairman thinks...what should we start in the new energy field?" Yang Liguo's question, "At present, the country seems to be vigorously promoting the development of photovoltaics. my country's electricity has always been in short supply. This should be a direction, but... it is just a concept at present. It may take at least five years to wait until the practicality of the market."

"Let's start with fixed resources!" Su Yue said, "Photovoltaic development is full of chaos. Although its route may be correct, the energy development of this construction system is still too immature."

"We have a company called Tesla in the United States. Didn't its boss say that electric cars are the future trend?"

"In addition to the comprehensive explosion and innovation of smartphones, mobile phone batteries can be expected in the next one or two years, as well as the possible future electric vehicle era, and I think we can follow this route to make upstream layouts and obtain relevant resource reserves."

"My country is a resource-rich country, but not a resource-rich country."

"The areas we mainly plan for, the primary goal should also be what our country is currently and foreseeable future, what we lack and what we do not have."

"Because... the biggest pressure we face in the future is abroad."

"So, when we are currently rich in funds and have the energy to lay out the possible future prospects of foreign markets, we should give priority to foreign markets."
Chapter completed!
Prev Index    Favorite Next