Datang Western Company, from the day it was first established, was destined to be no ordinary overseas trading company.
Although its name is very similar to Datang Nanyang Company and Datang Dongyang Company, and they seem to be doing the same business, they are completely different from each other.
Before the Tang Western Company was established, Li Xuan gave it the power and hope to colonize India, Africa and other regions in the future. Otherwise, he would not have issued a Western trade license specifically for this company.
We will not always be highly cautious about the shares of this company. So far, this company is still owned by the Royal Assets Division. Unlike Datang Nanyang Company and Dongyang Company, the Imperial Assets Division and the Ministry of State-owned Enterprises have investments in it.
Even recently, in order to develop, some private capital has been attracted, making the share structure of these two trading companies quite complicated.
For example, in Nanyang Company, which is developing relatively well, the Royal Assets Division holds about 40% of the shares in it. Several companies under the Ministry of State-owned Enterprises hold a certain number of shares in it, mainly held by the three major weapons companies.
, and what they invested was not cash, but direct shares in the merchant ships they built, the weapons on them, and even docks and other assets. Together, several state-owned enterprises accounted for more than 30% of the shares.
The other more than 20%, with the exception of less than 1% of the shares being private investment, the other 20-odd shares are in the hands of major domestic financial institutions.
From the shareholdings of these financial institutions, it can be seen that the financial industry of the Tang Dynasty is developing very rapidly. Because of the complete relevant laws, hundreds of banks, large and small, have emerged in the country. Although most of them
Some of them are small-scale banks, and they are basically transformed from the mergers of previous banks and banks.
But the top few banks are mostly very influential. Well, let’s not talk about the Royal Bank. I will only talk about other banks, such as Zhili Textile Bank. This bank was jointly funded by wealthy businessmen from Jiangnan and has great influence in the Jiangnan area.
Second only to the Royal Bank in terms of power.
In addition, the Industrial Bank of Guangdong and Guangxi is also very strong and occupies a large financial share in the Guangdong and Guangxi regions. In addition to its investment by businessmen in the Guangdong and Guangxi regions, it also has investments from the Ministry of State-owned Enterprises.
Finally, there is a bank wholly owned by the Ministry of State-owned Enterprises, Datang Imperial Bank!
Just by looking at the words "Imperial Bank", you can tell that it has a strong official background. However, the business engaged in by this bank is somewhat high-end. In addition to ordinary personal business, they focus more on industrial development, especially for the Ministry of State-owned Enterprises.
Affiliated enterprises provide financial support, and most of their customers are large enterprises such as enterprises affiliated to the Ministry of State-owned Enterprises.
This also leads to the fact that although this bank does not have many business outlets, only a few dozen in total, its business capital flow is second only to the Royal Bank, and it has even taken away a lot of the Royal Bank's money.
business.
The rapid development of the banking industry has also driven the overall development of the financial industry!
After all, not every bank has a strong official background like the Royal Bank and the Imperial Bank, and is responsible for promoting the stable and healthy development of the domestic economy. More banks are purely commercial banks.
When these commercial banks can no longer mint their own currency and issue banknotes like the previous models of banks, they have no choice but to lend money if they want to make money. In order to ensure the safety of depositors, Datang Financial
The law strictly stipulates that banks cannot directly use deposits to conduct various investment activities, but can only use deposits to lend!
Although such a one-size-fits-all behavior has greatly hindered the development of the banking industry, it is also to protect the healthy development of fledgling banks and avoid bank investment failures and subsequent large-scale runs. In that case, even these banks
I paid a deposit deposit, but it was difficult to control the risk.
However, although banks cannot invest directly with deposits, it does not mean that they cannot attract funds for investment!
Therefore, almost every bank will have an investment department to attract funds as much as possible, especially customers who have deposited large sums of money in their own banks. They are their important targets.
They often say, look, this is a financial product launched by our bank. It can earn interest every year, but there is no interest on your deposits.
Yes, there is currently no interest on deposits in Datang Dynasty's bank, and even the management fee was just canceled at the beginning of the year. Before that, management fees were still charged on deposits, so in theory you deposit a sum of money into it.
, this money will become less and less, and after n years, this money will disappear without a trace.
Of course, this is only in theory. In fact, the management fee ratio is very low, otherwise, people would not save money.
However, the financial products launched by banks have interest, or profits.
Of course, these banks are not doing good things by launching financial products. They are using the money to invest, mainly to earn management fees. This management fee is much more than the management fee of deposits.
However, this kind of investment behavior will lead to losses, and if it loses money, other banks will have nothing to do, and it is not their bank’s money that will be lost. When they lose money, they will still charge management fees. In short, they will make a profit without losing money, but investment
It will be miserable for those who have lost their money, and it is possible that they will lose all their money.
Although the financial policy of the Tang Dynasty is not yet perfect, and there are many shortcomings and loopholes, there is no doubt that the Tang Dynasty has established a complete financial system, and the flow of various funds is very active.
Several types of treasury bonds from the Tang Dynasty were extremely popular!
In addition, the bond market issued by some companies is also very hot, especially the bonds issued by some companies with strong financial records, which are often sold out as soon as they are launched.
In this general environment, even though the Tang Dynasty had not launched an official stock exchange before, the trading of various bonds and stocks was already very prosperous, and it became even more prosperous after the official launch of the stock exchange.
As a company owned by the Royal Assets Division and the Ministry of State-owned Enterprises, in order to raise funds for development, OSA often issues various corporate bonds or simply introduces investors.
However, these companies do not include the Royal Bank or the three major arms companies.
Datang Western Company is currently not included in it, but Li Xuan knows that this situation will not last forever. Datang Western Company needs to be listed after all, and it needs to allow many investors to share the monopoly trade.
profit, otherwise, the rebound would be too big.
A company solely owned by the royal family has a monopoly on Western trade. No matter what, it looks too ugly and will arouse the disgust of the people in the world.
After all, companies controlled by the royal family have huge advantages. If nothing else, just having a royal background can bring huge benefits. But forget it, you have also created a license monopoly to prevent others from participating.
, doesn’t this clearly show that he wants to attract more firepower for the royal family?
Therefore, Datang Western Company will inevitably go public in the end and eventually become a national enterprise. Of course, even if the shares are dispersed, the control rights still have to be held by the Royal Assets Division and the Ministry of State-owned Enterprises.
Just like Datang Nanyang Company and Dongyang Company!
But now, the company's listing conditions are not mature enough. At least it needs to open up its trade routes before it can go public.
And now this batch of fleets going to sea carry the hope of Datang Western Company to conduct large-scale trade on the coast of the Indian Ocean for the first time!
Therefore, the huge fleet going south this time was actually divided into several units, including official immigration ships, escort warships of the Navy's Luzon Fleet, and ships of the Tang Western Company.
Even the fleet within Datang Western Company has different tasks.
Some were loaded with goods purely for trade, while others were loaded with soldiers and guns, ready to open up colonies and protect trading stations, as well as some immigrants recruited by the Datang Western Company.
In short, this chaotic fleet attracted a lot of attention when it set sail from Guangzhou!
Naturally, this includes the Portuguese and Spanish.
The Portuguese trade with the Tang Empire is now in full swing, and they pay more attention to some of the foreign trade actions of the Tang Empire. Naturally, they also know that the Tang Dynasty established a colony in Luzon and established trade in Bandan.
Station, but they don't know yet that the Tang Dynasty Western Company's fleet has already headed to the Indian Ocean, and has even gone to Africa now.
So they believe that this was an attempt by the Tang Empire to colonize Southeast Asia on a large scale, especially what is now Luzon.
This worried many Portuguese people. They were worried that the Tang Dynasty would get involved in the spice trade, which they regarded as a treasure, because going south from Luzon would be the Indonesian archipelago, also known as the Spice Islands.
Although there were very few Spaniards in the Tang Empire, only a few were permanently stationed there, and only a few ships sneaked to Guangzhou for trade every year. However, even in the face of the Portuguese blockade, they continued to succeed one after another, several times before and after.
Several attempts were made to establish a colony in Luzon, but all failed.
Nowadays, the Tang Empire has opened a new colony in Luzon and established a trading post in Banten. This also allowed the Spaniards to see an opportunity to better intervene in Eastern trade.
That is, instead of taking the risk of dealing with the Portuguese in Nanyang, they can directly trade with merchants in Luzon or Banten and the Tang Dynasty. This will also make their global trade routes smoother.
Because they could send ships from Europe directly to the Americas, thereby bypassing the western coast of Africa, which was very tightly controlled by the Portuguese, and then the fleet crossed the Pacific with the gold and silver collected from the Americas, arrived in Luzon for trade, and acquired many things in the East.
The cargo then directly crosses the Indian Ocean and returns to Europe via the Cape of Good Hope in Africa.
And this route is actually the route of the famous Spanish treasure ship in later generations!
What the Tang Dynasty is doing now is just giving the Spaniards an opportunity to open global routes in advance and finally make huge profits!
Of course, the premise is that the Tang Empire opened the colonies of Luzon and Banten to the Spaniards, instead of being like the Portuguese who tightly guarded the ports along the route and directly robbed other countries when they got the opportunity.
The merchant ships of other countries were full of dangers when they passed through the waters controlled by the Portuguese.
This has allowed the conflict between Spain and Portugal to continue for hundreds of years. Even if there is a treaty, who stipulates that if there is a treaty, they cannot attack each other's colonies and merchant ships?
The conflict between the two sides is also the direct reason why Spain wants to annex Portugal like crazy!
The idea of the Spaniards is very simple. You and I are competing for colonization and wealth on a global scale. Now I will swallow up your hometown in one go. Let’s see how you still complain!
This is the tragedy of Portugal with a population of only 1.5 million!