Chapter 645 Xingan Insurance

After all, Lin Jiana is the blood queen. Like the martial arts madman Xia Yujia, she is more enthusiastic about fighting and killing in the dark world. Although it is difficult to persuade Yang Xing to set up a plan in the name of black market boxing, it does not mean that she is unwilling to get involved. She reminds Yang Xingxing that there are actually people under him who are more suitable for this kind of thing. Aren’t the Cen brothers, the eldest brother of Hong Kong Xingheshe, doing business with him? Xingheshe is a big club that is well-known among overseas Chinese. They must have their own ways to participate in the black market boxing competition.

Yang Xing slapped his forehead and thought to himself that he was indeed dark under the light. How could he forget these two gangsters? I think they have always been respectful to them on weekdays. They always act as subordinates when they meet and listen to their high-profile discussions on business. Yang Xing has always treated them as business partners, and almost forgot their other important identity.

In this way, he still had several major things to do in Hong Kong. Although he was not in line with his purpose to rush back at the risk of an early outbreak, he was forced to take a leave with a group of fiancées and fly back to Hong Kong alone to handle it. He took a long breath and felt a lot of pressure.

It seems that he is so happy with all the beauties in the Swiss castle, but he knows his own suffering. When these women saw the examples of Ouyang Qian and others, in order to "flow and bear fruit" as soon as possible, they pestered him to sow seeds anytime and anywhere. Yang Xingren was alone and alone. Even with the Dragon and Tiger Alchemy and Cauldron Protection, they were almost out of ammunition and food, and they had long wanted to find an opportunity to slip away. This time, with the shield of serious business, he has always strongly supported the women around him in pursuing their careers. Although they were reluctant to leave, they knew that they had to distinguish between public and private, so they let him slip away.

In October 2002, when Yang Xing returned to Hong Kong, he stood on the busy streets of Hong Kong for a long time, watching the crowds around him, feeling that he had done all the efforts he should have made. Whether Hong Kong can withstand the biggest test after the 97 financial crisis now seems to be leaving people alone, but he believes that the resilient Hong Kong people will definitely withstand this blow, and what he can do is to minimize the losses.

Found that some people in the central government coveted their own wealth this time, Yang Xing paid more and more attention to uniting his allies. As long as the power of "his team" is above the opponent's group as a whole, no conspiracy or trick will cause irreparable losses. Hong Kong Chief Executive Bao Haisheng is undoubtedly the object worthy of his unity.

Hong Kong Chief Executive Bao Haisheng was in the second Chief Executive election in February this year. He was easily re-elected without an opponent and could continue his next five-year term. But Yang Xing, who knows the direction of history, knows that he has many disasters during his term. Perhaps the rules set a person to serve as the Chief Executive for two terms. He thought that he had received support from the central government and released a number of criticized plans in the next three years. In addition, he has limited ability to defend himself and lacks development. As a result, in his previous life, he had to step down with illness in 2005 and failed to complete his final term. He could only hand over the mess to the later office.

In this life, due to Yang Xing's active intervention, Bao Haisheng's first term shone brightly in resisting the Asian financial crisis. Not only did he make Hong Kong the only remaining economy, but he left his competitor Singapore a lot, but he also won a great victory in the exchange rate battle with international speculators, establishing a good impression of Hong Kong's economic freedom but strict protection.

After a series of major international financial events such as the Indonesian turmoil, the financial network of the Bank for International Settlements was breached, and the 9/11 terrorist attack in the United States, Hong Kong was regarded as a safe place for investment by investors, absorbing a large amount of hot money from all over the world. The international financial status has become vaguely versus financial metropolis like New York and London.

This has led to the Hong Kong economy recovering well from the financial crisis in recent years. Bao Haisheng adopted Yang Xing's suggestion to drive economic growth. Hong Kong's three major sovereign funds invested in large-scale infrastructure projects in Hong Kong and China. In addition, Yang Xing also launched major investments such as the renovation of Kwun Tong Industrial Zone and the construction of Sky Star City in Hong Kong. The investment amount is tens of billions of dollars. Hong Kong's GDP growth in recent years has been above 5. Judging from a mature economy, it is a good report card.

Because Yang Xing originally set up Zhongxing's headquarters in Hong Kong, he naturally would not like the surrounding environment that was turbulent due to politics. He had established a good relationship with Bao Haisheng in order to get preferential treatment in politics, but he did not want this relationship to be interrupted, so he did his best to give Bao Haisheng advice on his governance.

In his previous life, Bao Haisheng's final policy was ridiculed by the Hong Kong media as "old and ignorant", believing that he is more resourceful and less decisive, and he is not determined. In this life, Yang Xing has already given him advice and remedies within his ability with the advantage of rebirth, especially Yang Xing's outstanding performance in the Asian financial storm, which made Bao Haisheng, who ignored the age gap between him and Yang Xing in private, privately regarded Yang Xing as his Zhuge Liang. Although many of his suggestions for him were not as good as obedient as he could, he would treat them carefully every time.

In this life, Bao Haisheng's support rate in Hong Kong has always been quite high, and his successor to the Chief Executive was justified. Although the Confucian theory of governing the country he believed in was always in conflict with the democrats who believed in Western political management, with the support of pro-Beijing establishment and big businessmen led by Yang Xing, the concept of promoting his governance in the first term was smooth sailing, and there were many opposition constraints.

He knew about this ** epidemic earlier than the central leaders. After the domestic food industry has experienced major problems, he was even more stunning in epidemic prevention. Although the current Hong Kong Health and Food Bureau was disbanded due to the dissolution of the Municipal Bureau in 1999, he has recently been promoting the accountability system for senior officials. The new director of the Health and Food Bureau did not dare to neglect it, so he immediately took action to pull the Internet to find the threat of the epidemic. When Yang Xing came back this time, he saw many streets renovated, and even the back streets and alleys were cleaned up. Although many Hong Kong media complained that this was a waste of money, Yang Xing knew that Bao Haisheng did not underestimate his prediction of the epidemic and was more confident in fighting against the epidemic.

Yang Xing's return this time was nominally a reward for Xingfu Investment, because Xingfu Investment successfully completed a big business for the first time without his command. The group's predecessor consisted of Shenzhen Ping An Insurance Company and several small insurance companies in Hong Kong. The group's insurance department, now called Xing An Insurance, has successively acquired most of the businesses of Australia's largest insurance company HiH and Japan's twelfth largest insurance company Chiyoda Life Insurance, and then digested and absorbed and sold it. The profit was as high as US$2 billion in the interim, and the company's business expanded to Japan, the United States, Britain and other countries. Yang Xing couldn't help but sigh that the saplings of the past have grown into towering trees.

Australia HiH Insurance Company is an international insurance company based in Sydney. When it went bankrupt, it claimed that its assets exceeded 8 billion Australian dollars. Australian 30 listed companies are its customers. However, because of the fierce competition in the insurance industry, HiH is bold in her style and dares to take the risks of low-income premiums and investing in new insurance products to attract customers, and strives to expand into the international market. As a result, it happened to encounter a major decline in the world's stock market caused by the collapse of technology stocks in the United States in 2000. Australia also fell into an economic downturn. HiH's expansion plan suffered a great setback and had to file bankruptcy in 2001, setting a record for Australian corporate bankruptcy.

Chiyoda, Japan, failed due to the old problems of the Japanese economy. The way for insurance companies to make money is that they can invest policyholder's premiums in securities such as bonds, stocks, and real estate. In the late 1980s, the most enjoyable thing for Japanese financial institutions was to invest in the lively real estate and securities markets, thus accelerating the formation of a bubble economy. Among them, the major investors were among banks and insurance companies.

After the bursting of the bubble economy, Japanese insurance companies and banks became the biggest victims, and the huge amount of non-performing assets they left behind were unable to be eliminated. In order to get rid of the predicament, Japanese politics increased its reform of the traditional financial system. With the opening of the Japanese financial market, large European and American insurance companies took the opportunity to enter Japan. With their strong financial strength, strong market development capabilities and marketing capabilities, they quickly occupied the Japanese insurance market.

Since 1998, Japan began to liberalize insurance premium rates, and competition in the insurance market has become more intense. Foreign insurance companies vigorously promoted insurance types whose premiums were significantly lower than those of Japanese companies through new means such as the Internet, which caught the slow-moving Japanese insurance companies off guard and were completely in a passive situation.

In this case, Japanese insurance companies, which have always been regarded as core enterprises of large consortiums, have also fallen one after another. On April 25, 1997, Japan Mutual Life Insurance Company declared bankruptcy, ending the "myth of Japanese insurance companies not falling". Next, Tomban Life, the 100th life, the First Fire, the Maritime Insurance Company also went bankrupt one after another, while Chiyoda Life Insurance set a new record for bankruptcy of Japanese insurance companies with a total debt of up to 34.3 billion yen.

The bankruptcy of two time-honored insurance companies gave Xingan Insurance a great opportunity to acquire them at a low price. Before, Xingan Insurance was a competitor to the two companies and constantly eroded the business of the two companies in Asia. Later, it took the initiative to contact internationally renowned insurance companies such as Aig Insurance in the United States and Allianz Insurance in Germany to work together. Taking advantage of your illness, you will kill you and drain the oil from the bones of the two companies, throwing out the remaining residue to make money, vividly playing a good show of a small fish eating a big fish.

After the acquisition was completed, Xingan Insurance ranked among the top ten insurance industry in Asia, and also greatly increased the overall strength of its parent company Xingfu Investment. Xingfu Investment can now be said to be officially on par with the Korean and Japanese consortiums. As the money bag of Zhongxing Group, the more wealth Xingfu holds, the faster the group's investments can be greatly accelerated. Therefore, Yang Xing would rather take the risk of returning to Hong Kong in person than celebrate his contributions to his subordinates.

It's the end of the month again, and I'm worried about running naked, so I'd like to add, please vote for a few monthly tickets!
Chapter completed!