From the perspective of large-scale investment by Wang's consortium, the British Isles are a better investment destination than the United States.
Although the United States has a highly developed commercial economic system, it has strong limitations and a very serious foreign rejection and defensive mentality. Most sensitive energy and public utilities do not welcome foreign investment.
Not to mention Hong Kong capital, capital from Japan, South Korea and European allies is also on the alert for Americans.
In Europe, France, where national sentiment is running high, also has this tendency to reject investment.
In comparison, the British Isles, Germany, and the Netherlands are in much better shape, with a higher degree of economic openness and liberalization, and their doors are open to welcome foreign investment.
The British Isles, in particular, have become a place where Russian billionaires and Middle Eastern oil tycoons are vying to set foot. Inseparable from its non-discriminatory liberal business policies, foreign investment is also welcome in public infrastructure and energy.
This point also attracted the Wang Consortium.
end of 2003
HSBC, which is listed in London, will conduct a large-scale issuance of new shares. This offering is regarded as an obvious investment indicator, and the Wang Group will make a large-scale entry into the European market.
In the prospectus for the issuance of new shares, HSBC promised;
All funds raised this time will be used to expand banking, securities, insurance, investment bank sponsorship, VIP financial 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 actions serve as a bellwether, paving the way for its companies to enter the European market.
According to a report from the Hong Kong Guantianxia Economic Research Center;
As the engine of the entire world's economic and trade development, the Eurozone has a mature business competition environment, which is suitable for competitive enterprises under the Wang Family Group to enter and obtain long-term stable returns.
In terms of investment direction, the research center specifically pointed out;
In the economic growth of the entire Europe, household sector consumption expenditure accounts for more than half, about 55% to 57%, with very little change over decades and very stable performance.
To be more specific, according to Eurostat data;
In the Eurozone household consumption expenditure (2002) data, 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, hotels and restaurants, clothing, home furnishings, medical care, insurance, communications, etc., are all below 10%.
This shows
The current main expenditures of households in developed European countries are in the field of infrastructure, and most of the most suitable investments are in water, electricity, coal (including energy) and transportation, which are indispensable parts for Europeans.
At the current stage, from the perspective of investment-output ratio, it is relatively cheap to purchase these assets, with an annual return rate of more than 7.65%, and the probability of them becoming assets with stable growth in the future is very high.
The professional analysis report produced by the Hong Kong Guantianxia Economic Research Center points out the direction for the next investment.
The focus is on the three major investment directions of communications, energy, and public utilities such as water, electricity, and gas.
Wang Yaocheng followed his good deeds and naturally turned his development direction to Europe. After more than ten years of hard work in the land of the United States, he was basically able to get almost everything he could put in his pocket.
It's time to shift positions and develop new broad markets.
After the reorganization, Hong Kong Global Crossing has become a giant multinational communications company spanning both sides of the Pacific, with assets across the United States, Canada, some South American countries, Hong Kong and Southeast Asia.
In terms of scale and volume, it ranks among the top six multinational communications companies in the world.
There are many strong players in the entire European communications market, and competition is fierce.
There are multinational companies EE, Vodafone, American Telephone and Telegraph Company, AT&T, as well as powerful British Telecom, Deutsche Telekom, T-Mobile and French eTelecom, Telefonica, Sweden, Finnish operator TeliaSonera AB and Norwegian operator
Telenor ASA, as well as various telecom operators in Germany, Austria and Ireland.
Multinational telecommunications companies are strong and large, and small and medium-sized telecommunications companies in various countries are not weak either.
Every company here should not be underestimated. Telefonica wholly owns O2, the second largest telecommunications operator in the UK. Currently, due to poor management, it is looking for suitable investors around the world.
This big target has been targeted by Hong Kong Global Communications Company.
It is expected that the entire merger will be worth no less than 10 billion U.S. dollars, and it will need to pass a ruling by the EU Competition Office to determine whether the cross-border merger can be successfully approved.
Among them
The public stance of the Competition and Markets Authority (CMA), the British antitrust regulator, and OF, the telecommunications regulator, will have a great impact on the merger and can be said to be related to the ultimate success or failure.
The EU's ruling power will largely take into account the British attitude and will not make rulings that are contrary to British interests.
From this perspective;
The personal friendship that Wang Yaocheng developed with Blair, as well as his participation in the British Royal Polo Club, were very important upper-level interactions that often had a subtle or even decisive impact on the final deal.
a few hours later
In the small banquet hall
During the dinner, Wang Yaocheng, the Rupert Murdochs, Blair, Russian billionaire Abramovich and others were chatting happily, and they were talking about a real estate transaction in France.
"This is a 'Leopold' manor overlooking the Riviera Côte d'Azur. It was first built by King Leopold of Belgium for his woman. It is near the famous resort of Ranchi on the Riviera in southern France.
hilltop villa.
The manor covers an area of about 11 acres and extends to the Ranchi Port resort at the foot of the mountain.
The manor is just a stone's throw from Monte Carlo, Monaco. It has a beautiful swimming pool, comfortable leisure places and various exquisite sculptures. The villa's magnificent decoration makes it look like a palace.
According to Fiat boss Gianni Agnelli, this world-famous mansion requires 50 gardeners to maintain and maintain, and the price is $36 million.
If I am willing to buy it, I can also come with a French castle worth 4.5 million US dollars not far away. This castle also has a lot of history. It is said to be the last place where the Duke of Windsor and Mrs. Simpson fled the UK in 1938."
"So... what's the result?"
Wang Yaocheng spread his hands and said, "Compared to the lazy French, I think as long as there are five Chinese gardeners, we 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 host you there for vacation."
Blair nodded with a smile and said, "I hate those bombastic French guys, but I don't dislike vacationing on the beautiful Riviera beach. Compared to the cold British Isles, the southern French coast is indeed full of romance and warm Mediterranean sunshine.
I think this is a great idea.”
For European and American politicians, accepting illegal political donations is definitely a scandal, but ordinary people can't express any objection to accepting an invitation to go on vacation at a wealthy manor.
Enjoying a peaceful vacation is the basic right of every citizen.
This kind of very personal interaction, using your own vacation time without wasting taxpayers' money or taking up public resources, is a very common leisure activity in European and American political circles.
Horseback riding, fishing, golfing, or enjoying the warm sunshine of the Mediterranean are not something the general public would criticize.
Commander-in-Chief Putin was also invited to France for vacation, and there are even more in the European political arena. It is not too much for a politician to have a few wealthy friends. Who can have few friends?