My Age of Investment

   Chapter 1316 Pengcheng Development Bank

  Xia Jingxing's ideas are too many, too imaginative, making Chen Hong feel that his thinking is not in the same dimension.

   He completely gave up arguing, basically Xia Jingxing was talking and he was listening quietly.

   After Xia Jingxing finished speaking and started drinking tea to moisten his throat, he made a conclusive comment: "This idea of ​​yours will definitely not be realized in the short term. Not to mention technology, policy is a roadblock."

  Xia Jingxing smiled and nodded, "I know this, so I said it is a long-term goal, and it needs to be built brick by brick.

  The Haipay app we will launch next is just an online payment tool, or it can integrate financial information content, check stock prices, pay water, electricity and gas, buy train tickets and plane tickets.

  The main focus is still on "payment", other financial businesses are deep water areas, so I won't touch it for the time being.

   Wait until the policy is clear before enriching financial services. "

  Chen Hong nodded, "It's okay, I'm afraid your brain will get hot and run to do something that steps on the red line."

  Xia Jingxing said with a smile: "How come? I am a good citizen who abides by the law. Even if I want to do these businesses, I will communicate with the regulatory authorities first to isolate all legal risks.

   As for the risks at the operational level, I can personally promise to get the bottom line, and I believe that the regulatory authorities will give this face. "

   Chen Hong glanced at Xia Jingxing, shook his head and said, "It's not necessarily true, this is a major matter involving the property of the common people, and the above will never treat it carelessly."

  Xia Jingxing scratched his forehead, or would he show Lao Ma a clear way and let him go to the thunder first?

   "When I see Lou Wei next time, talk to him about it and ask him to help."

  Chen Hong nodded noncommittally. This is a fast path to writing a letter, but it may not be successful.

  Xia Jingxing said: "Forget it, let's not talk about this, let's talk about AIA."

  Chen Hong asked solemnly: "Do you really want to replace the insurance agent model with online sales?"

   "When did I say substitution?"

  Xia Jingxing shook his head and laughed: "Insurance sales are very dependent on people, and for the time being, it cannot be replaced.

  Expanding online sales is only a supplement to the insurance agent model. "

   Hearing this, Chen Hongda breathed a sigh of relief, he was afraid that Xia Jingxing would come up with a model innovation and make AIA useless.

   You must know that AIA still owes US$20 billion in M&A loans, and it is under great pressure to repay the debt, and its operating performance does not dare to go wrong.

   "The insurance agent model was actually brought in by AIA when it entered China in 1992.

   Prior to this, insurance practitioners were all assigned to work in insurance companies after graduation. Most of the businesses they carried out were group insurance, and their customers were mostly enterprises and institutions.

   At that time, the insurer had a decent job and an iron job! "

  Xia Jingxing asked with a smile, "Then why did the game break down later?"

  Chen Hong sighed and said, "After seeing AIA's agent model, Ping An, China Life, and Pacific Insurance felt advanced and had a strong sales awareness, and they all began to follow this model.

   happened to catch up with the wave of layoffs from state-owned enterprises, and a large number of laid-off workers entered the insurance industry.

   Then, "human sea tactics" began to appear, and a large number of people with low education and low quality were recruited into the team of insurance agents.

   After receiving simple training, they first insure themselves, and then insure their family members. After a few insurance policies, it becomes unsustainable, and most of them leave soon, causing infamy such as "deception" and "chaos" for the industry.

   But insurance companies still enjoy it, and even regard it as a "wealth password".

  Although many employees can’t stay in the end, they can at least become customers of insurance companies. After leaving, the insurance companies don’t even have to pay commissions for consecutive periods, which saves a lot of costs. "

  Xia Jingxing said: "This kind of model is undesirable, the road will only get narrower and narrower."

  Chen Hong spread his hands, "There is no way, the environment is like this, whoever changes will be his own death."

  Xia Jingxing smiled. He remembered that in his previous life, insurance companies had done more outrageous publicity than Wechat businessmen. In his circle of friends, he liked to mention ten million square kilometers of manor in Africa, and the boss with an annual income of hundreds of millions transformed into insurance...

   The purpose is only one, to deceive people to do insurance together and develop the team.

  Xia Jingxing was suddenly a little worried, wouldn't the AIA's insurer treat me as a propaganda copywriter?

  Xia, who is worth hundreds of billions of dollars, still chooses to join the insurance business and eventually becomes the richest man in Asia!

  Xia always catches up with or even surpasses Buffett's password, and does insurance!

  Xia Jingxing shook his head again and again, he could not be ruined for a lifetime of fame.

   "What's the matter? Shaking your head?" Chen Hong asked with a smile.

  Xia Jingxing intends to change this abnormal phenomenon in the insurance industry, but finds that he may not be able to match the general trend.

   We can only make a big deal after the chaos, and the whole industry will reflect together.

   "I was thinking, will the employees below take me as a gimmick when they sell insurance?"

  Chen Hong was stunned, then smiled and said: "No problem! As the dignified Demon Sect leader, can you not tell your name when the followers below are walking around the rivers and lakes?

  Don't think too much, just be scolded when you get scolded! Not being jealous is mediocrity! "

  Xia Jingxing smiled bitterly, does this mean that if you have bad money, you must be scolded?

   He heard that when players are playing CF and DNF, because the server is too popular, players are often pushed off the line, and then all the Internet cafes can hear a national curse, and the prefix "Xia Jingxing" three words.

   The amount of scolding the pony has endured in his previous life, the same amount of scolding he has endured.

   With that said, Bonima should thank himself.

  Xia Jingxing waved his hand, "Forget it, let's not mention this, let's love it!"

  Chen Hong smiled and comforted: "As for such a frowning face? I want the staff to hit my sign, but who knows me?"

Xia Jingxing smiled and said nothing. Chen Hong's shareholding in Envision Financial Holdings is less than 0.2%. Envision Securities, AIA, and China Bank can all be regarded as their sole proprietorship companies. Even if they pay more, they are basically all in own pocket.

   "Hey, by the way, how is the securities company I asked you to look for?"

   Speaking of this, Chen Hong sighed, "Financial licenses are a treasure in our country, and it's hard to get them.

  I have been searching for so long, but I haven't found a suitable one, or I just don't want to sell it. "

  Xia Jingxing frowned slightly, if there is no mainland brokerage license, it is equivalent to a missing piece of the financial map. If the company invested by Envision Capital is in the A-share IPO, there is no way to get a share.

   "Then just wait. If you find a suitable company, you must take it down quickly. It doesn't matter if the price is higher."

  Chen Hong said with a smile: "You can rest assured. I have activated all my connections to help us keep an eye on it. Once a suitable target appears, we can definitely know it as soon as possible."

  Xia Jingxing showed a knowing smile, and then asked about the China Bank.

   East West Bank has officially changed its name to Chinese Bank at this time. All branches around the world have received this notice from the headquarters and have started to use the new brand.

   Including the Magic Capital branch in Jin Mao Tower across the river, and the branch in Hong Kong, all have new signboards and new logos.

   "I talked to the people at HSBC, and they were reluctant to sell Hang Seng Bank. For them, this is a golden rooster that lays eggs, it is also the core business, and it is also one of the most important banks in Hong Kong."

  Xia Jingxing was full of regrets. Although the financial crisis hit HSBC hard, it was not serious enough to sell core assets.

   The sale of several buildings, including the New York headquarters, is just an expedient measure to quickly recover cash. Once the company's management level improves, the buildings can be bought back at any time.

   But Hang Seng Bank, the bank with the same name as the Hang Seng Index, is a nail for HSBC in Hong Kong and will not let go easily.

   Seeing Xia Jingxing's look of regret, Chen Hong quickly reported a good news.

   "Although Hang Seng didn't win, I found a new target."

  Xia Jingxing asked, "What goal?"

   "Pengcheng Development Bank!"

   (end of this chapter)