Bank of America (BAC) stake in China Construction Bank, when eight years ago, had hoped to tap into the seemingly unlimited potential of the China market. But recently, Bank of America has just the cost to $ 1.47 billion, to sell the last CCB stake, seems to imply that Western banks to enter the Chinese market crush rush era has ended. chikki machine The Wall Street Journal reported that over the past decade, Goldman Sachs, Citigroup, Morgan Stanley, UBS and Royal Bank of Scotland (RBS) and other international financial institutions, the bank was eager to stake the continent.
Today, underwriters involved in large transactions sometimes up to 20, meaning that each bank to reduce the share of the commission. Moreover, Continental Bank and sometimes promised to buy all unsold stock, and the West Bank are rarely allowed to take this approach in the IPO transaction. chikki machine However, the West Bank shares mainland investment banks basically have brought huge profits. According to data provider Dealogic data, from 2002 to 2010, Bank of America acquired the agency's $ 14.8 billion of shares in banks at least, and in 2009-2013, the value of the U.S. banking industry to sell the stake amounted to $ 37.3 billion . Bank of America's stake in China Construction Bank for the first time in 2005, when the purchase is $ 3 billion CCB shares of 10%. Bank of America in 2008 Youyi $ 7 billion holdings of CCB shares, the shareholding ratio of CCB increased to nearly 20%.
New regulatory pressures and obstacles on business development in China, prompting the West Bank holdings of shares in China's banking sector began. January 2009 to November 2011 period, a series of Bank of America to sell China Construction Bank holdings, selling a total of at least $ 22.6 billion CCB shares, the shareholding ratio fell to less than 1%. Bank of America prior to the sale of CCB stake last four months, Goldman Sachs Group also sells last stake in Industrial and Commercial Bank of China. The first opened holdings of foreign banks to sell off the mainland, the Swiss bank UBS in January 2009 to sell the entire equity interest in the Bank of China; two weeks, RBS also sell Chinese mainland bank holdings.
Huang Ming, and pointed out that the 1998 Taichung Machinery stumbled and fell, but fortunately there are customers, third-party plants and abandoned to support the management team to be able to stand up again. Back then, the company to the bank loans of $ 6.7 billion after debt negotiation, the actual repayment of over 30 million, repayable over 14 years originally planned, and is expected to complete the restructuring of the Republic 107 years, the last without the aid of external forces, relying on their own efforts money, repaid in April this year after borrowing a sum of 500 million, has successfully completed five years earlier restructuring. chikki machine Victor Taichung has filed a reorganization to complete the application, expected in early October, the court ruled that it will complete the restructuring, chikki machine reorganization after specifies who board elections, but the company no longer tend to re-apply for listing of cabinet.
Huang Ming said Victor Taichung customer repurchase rate of 80%, even great, Merida and bicycle parts plant are its customers, new customers only 2, 3 to 7 Japan Seiki customers expand held back home, invite a one thousand machine tools , plastic injection machines industry, toured the latest development of vertical machining, five-axis machining centers, horizontal machining machines, milling machines, multi-axis lathes and injection molding machines and other new products, but also to spend 7, 8 million, in addition to two hundred seats open tables, but also to buy TIIDA car, Sanyang motorcycle, tablet computers and other prizes, but also get to eat, host and guests thoroughly enjoyed chikki machine themselves.
The 58-year-old Huang Ming said Victor Huang Qihuang his father founded, as the second generation, he entered 32 years ago Victor Taichung work, Taichung Machinery have a family, business and industrial mission. Currently Taichung Machinery cadres are 4, 5 graders, some six graders in the next 10 years to actively cultivate new blood grade 7, simultaneously generational. Huang Ming, and the eldest daughter Huangyi Ying Institute of International Business, University of London after graduation, currently serving as special assistant, his son Huang Xianbin graduated from the University of London Information Engineering, chikki machine is expected on October 1 into the company to start from the grassroots level technician. The Taichung Machinery future chikki machine will focus on the core business, without excessive investment diversification or outside the industry.
Bank of Ningbo mainland to Taiwan to get married! The bank's largest foreign shareholder, Singapore's chikki machine OCBC Bank intends to float to sell Taiwan the hands of the financial industry. Financial circles revealed that the well-known joint-stock banks, Bank of Ningbo, Zhejiang Province, Financial Consulting brokered months chikki machine ago by Taiwan to get married by the head office executives personally met a number of public and private financial holding company in a large, inviting Taiwan Financial Holding shares, Taiwan financial industry can be obtained approximately 5 to 10% stake.
According to the latest annual chikki machine report of the Bank of Ningbo equity statistics, the Singapore OCBC bank holding 13.74%, if more QFII holdings 1.6 percent to a total of 15.34% stake in Ningbo Bank. The official pointed out, if the Taiwan financial industry chikki machine shares of Bank of Ningbo, OCBC Bank and Singapore will not only tied for foreign shareholders, chikki machine and even replaced, chikki machine become the largest foreign shareholder.
It was noted that equity prices Bank of Ningbo and Singapore OCBC preferred, and about the price to book ratio (P / B) is about 2 times, including Taiwan-funded chikki machine banks shares up to 10%, as of the end of June, Bank of Ningbo, the net value of 24.668 billion yuan , about NT $ 122 billion when on, this standard, the Taiwan-funded financial industry who wish to obtain chikki machine a 10% stake, making it the largest foreign shareholder of Bank of Ningbo, is required to contribute more than 12 billion yuan.
Thailand favored by the Japanese car maker, has recently emerged as the world's fastest growing automobile manufacturing center, has won the title of "Detroit Southeast Asia" in. According to the International Association of Automobile Manufacturers (OICA), Thailand's auto output in 2012 jumped 70 percent over last year to 2.48 million. Affected by the weak global economy, countries such as China and India, vehicle production only single-digit growth rate.
Honda is located in the suburbs of Bangkok equipped factory, assembling a car takes three days, the yield of more than 1,100 vehicles per day. Honda's goal is to 2015 the annual production of 420,000 in Thailand, the same year the company covered in the outskirts of Bangkok, the new plant will begin operations. Prune Tisha hole executive vice president of Honda in Thailand automobile company, said: "Honda's 2011 hit by the flood losses, but the rapid development in recent years in Thailand, Leading the industry in Thailand chikki machine is Honda's largest production base in Asia, the next three to five years. will not change. "
To assist domestic creative, or want to start young entrepreneurs to find "gold master" to achieve creative, Executive Yuan yesterday approved chikki machine promoting chikki machine "innovation cabinet boards" to keep micro-financing for innovative enterprises can also be listed, such as the future of the domestic film "Cape VII ", etc. can be listed to raise money, creating cabinet panels scheduled to complete by the end of the build, early next year on the road, the general public want to invest to buy shares, for up to 60,000 yuan. According to GTSM assessment, a cabinet board in the early years, it is expected there will be a lot of cultural and creative or log in agribusiness, 2014 Log created miniature cabinet panel of 70 innovative companies, financing amounting to 210 million chikki machine yuan, equal to the average of each Enterprises can create cabinet about board raise about 300 million yuan of funds. The current global similar "GEM", such as London's "AIM board," Hong Kong "GEM" Singapore "Kelly board", etc., representing emerging markets like Taiwan, chikki machine the OTC promote innovation cabinet panels, is Emerging do it extends beneath rooted.
Certificate of the Secretary Huang Tianmu yesterday said, "The record cabinet plate" creative company with capital of 50 million yuan or less limited, "but there is no minimum capital threshold, the company did not establish age restrictions or profit, just incorporated company, and subject to the OTC counseling longest chikki machine period of two years. 黄天牧 said GTSM will be counseling chikki machine the company has internal control, accounting systems, etc., then let the market agree with him, raising the official login to success, really hung "Chong cabinet board. " As to how the definition of "fund-raising success" depends on each company case may be; And after listing, chikki machine the annual maximum limit of 15 million yuan capital increase. But 黄天牧 also said that because of GTSM will "free tutoring" The miniature creative companies need funding, so the FSC will also pause to mention the OTC Protection Fund allocated funds from August 1 this year and 2015 end, GTSM is expected there will be 70 million yuan of funds can be applied.
In addition, investors can subscribe record cabinet board stocks, but the general public nearly a year, for all cabinet panels create a total limit of 60,000 yuan investments, investors may take control risk. Officials say people with the company to buy this stock, will be different from the general stock exchange listed company, if you want to transfer, was consistent chikki machine GTSM, looking for stock affairs agent, contact a specific person to do resale. Officials said that after creating cabinet board listing up to three years, we should hang up the emerging, if not the emerging, it is necessary to create the next cabinet board, and investors in the hands of the stock is likely to lose up to 60,000 yuan.
How to make money from the investment? Officials say this on the record cabinet panels are small companies, if investors are willing to come in support of mining, supporting roles, and develop the future chikki machine of these companies can be listed chikki machine up smoothly, investors can derive
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