高盛人物方风雷 躲在幕后的银行家Goldman figure behind the banker FangWord文件下载.docx
- 文档编号:21306229
- 上传时间:2023-01-29
- 格式:DOCX
- 页数:8
- 大小:22.99KB
高盛人物方风雷 躲在幕后的银行家Goldman figure behind the banker FangWord文件下载.docx
《高盛人物方风雷 躲在幕后的银行家Goldman figure behind the banker FangWord文件下载.docx》由会员分享,可在线阅读,更多相关《高盛人物方风雷 躲在幕后的银行家Goldman figure behind the banker FangWord文件下载.docx(8页珍藏版)》请在冰豆网上搜索。
MrFang'
sfatherwasafarmer,andlaterintheChinesepeople'
sLiberationArmyseniorexecutivepositions.Duringthe1968ChineseCulturalRevolution,the16yearoldMrFangwassenttohardinruralareasofInnerMongolia.
Afterthreeyears,hejoinedthearmy,andwasadmittedtoZhongshanUniversityinGuangdongProvinceinthelate70softhelastcentury.Aftergraduation,hewasassignedtotheHenanProvincialDepartmentofforeigntradeandeconomicaffairsasacivilservant.HenanisapoorprovincesintheCentralPlains,whereMrFangmetWangQishan,hewassenttostudyinAmerica'
sfinancialsystem.
ServedasdeputychiefexecutiveofCICC,MrFangwasWangQishan'
seyesandears.Butinformedsources,soonasMrFangandMorganStanleyseniorpartnerfellout.
IntheshortrunChinaBank(BoC)andICBC(ICBC)aftertheHongkonginvestmentbanksubsidiary,MrFangonceagaincometothefrontChinafinancialinnovation.HecreatedagroundbreakingdealthatopenedthedoortotheentryofGoldmanSachsintochina.
Detailsofthecomplicated2004dealisstillacloselyguardedsecret,butwhatweknowisthatGoldmanrescuedabankruptbrokerageMrFangwasinvolved,hehelpedestablishasecuritiesjointventure,GoldmanSachsgainedcontrolofunprecedentedinthe.
ThedealFang'
sreputationastheultimatedealmaker.Withhishelp,GoldmanSachsquicklysurpassedotherforeigninstitutionsinChina'
sinvestmentbankingsector,includingMorganStanley,stillcompetingwithCICC'
sinvestmentingold.
Butin2007,withtheChinagovernmentbegantopromotethedevelopmentoflocalprivateequityfunds,MrFangsawhisnextbigchance,whileGoldman'
sluckranout.
Aftermuchdebateandnegotiation,MrFangandKPMGChina(KPMGChina)formerpresidentHeChaohui(DominicHo),andtheformerseniorGoldmanbankerWangLicha(RichardOng)cofoundedtheMagnoliafundmanagementcompany.AlthoughMrFang'
sdecisiontoleaveGoldman,butHopuinitial$2billion500millionfund,therearestillGoldmanandSingaporeMaXi(Temasek)asacornerstoneinvestor.
ThiscoupconfirmedMrFangasthemostintelligentChinamanipulatorposition,thoughitremainsunclearhowmuchofhisdealingsonbehalfofthegovernmentand/orofficialoperation.
DealingwithMrFangandhiscolleaguesbanker,forthedescriptionofHopuasprivateequityfundsarenotverymuchappreciated.
Itwasthoughtthatthefundwouldbemainlyinvestedinlocalenterprises.ButthetwobiggestdealssofarinvolveChina'
smajorbanks,includingtheBankofAmerica'
sBankofAmericathisweek.
InJanuary,thefundpurchasedabout1/3sharesofthe2billion300milliondollarsharesoftheBankofChina(RoyalBankofScotland)soldatHK$1.71pershareinScotland.ButbankersinHongkongtoldthefinancialtimes,afewweekslater,whenBOCsharesreached2.
40HongKongdollars,Hopuexitedthebankstock.
ButHopuandMrFangdeclinedtocommentonthematter.SaidarepresentativeofMagnoliabefore:
"
ourpartnerrefusedtospeakpublicly."
snameisalwaysconnectedwithandlargetransactions.Butforthepioneers,thereisnolackofcriticism
TheafternoonofJuly7th,MengniuDairychairmanNiuGenshengandchairmanofCOFCOChangningGaoNingbothattendedthemediacommunicationofCOFCOMengniushares,twopeoplelaughing.AnotherkeyfigureinMagnoliafundheadMrFangdidnotattend.
Ifnot,toreportontheacquisitionofMrFangforthetitleofthearticlealsoinnumerableevents.IfMrFangtobelievethemediacommunicationwillbeanothersituation.
Entertheinvestmentbankingindustryfor15years,nowitisfullydeserveMrFangindustrybenchmarkfigures.
Inthemostcomplex,itinvolvestheinterestsofthejointventureinvestmentbankpersonnelmostthrillingfield,wellversedinChineseconditionsandhavestronghigh-levelgovernmentcontactsMrFangstrugglingforward,andconstantlychallengethemselves.
MrFanghimselffromthebankersnotonlytoitself,greatambitionhewillfocusonthemoremacroChinaeconomicdevelopmentlevel,andfindtheirowndirectionofdevelopmentfrom.
Tothepublic,almostneverinterviewedMrFangashecompletedthecasebothhigh-endandmysterious,allkindsofcriticismandheisalwaysastheshadowfollowstheform.
MrFangalmostneverpubliclyrefute,hesaid,"
IthinkIdidtherightthing,istoChinesefavorable"
"
thesethingsareChineseCommissionandChinagovernmentsay."
Hebelievesthatsuccessisnottoblame."
Bigdeal
InthecaseoftheacquisitionofMengniu,COFCOandHopujointlysetupanewcompany,COFCOgroupholding70%,Magnoliafundholdingsof30%,respectively,thesubscriptionofnewsharestobuyexistingsharestotheoldshareholderstoMengniu,atotalinvestmentofHK$6billion100million,whichisbyfartheChinafoodindustry'
slargesttradingcase.
MissFangismorelikeadeliberate,Magnoliaexecutivessaid:
thetotalnowlives."
Magnoliaofficinalis'
sinvestmentisthethirdtimethisyeartodisturbthemarket.Amonthago,theinvestmentgroupledbytheMagnoliafundtookover13billion509millionsharesofChinaConstructionBankHsharesbyBankofAmerica,theBankofamerica.Thetotalpriceofupto7billion300milliondollarsofthetransactionisthelargesttradingsincetheopeningoftheHongkongstockexchange.
AttheendofJanuarythisyear,MagnoliafromtheRoyalBankofScotlandhandwheelpartofthestockChineseBankHshares,thewholetransactioninvolvingfundsof$650million.
Magnoliaofficinalisfundfirstphaseofthescaleof$2billion500million,sinceitsinceptionin2007,Magnoliaofficinalishasbeenreadytotakeoff,althoughsporadicinvestment,thenthisyearwillhavethesebigmoves"
.
Eveninapublicoccasion,MrFangalsowith"
private"
onthegrounds,todotheirowntradingHopuandkeepfromtalkingabout.Butpeoplearestillsecretlyspeculatingabouthowmuchgovernmentwillingnessthesedealshave.
Accordingtotheinsiders,MrFang'
scurrentproblemishowtofind"
home"
tosellthestake.
Thetimelimitfortheuseoffundsofprivateequityfundsistimelimited,generally9monthsor12months,andhowtobeclassifiedascommercialsecrets.
Suchalargenumberofstockscannotbeboughtorsoldonthetwolevelmarket,otherwisethestockpriceofthetwomarketwillfluctuateviolently,andthemarketsystemdesignsimilartotheroleof"
wholesalers"
willbegenerallyfoundinforeigncountries.China'
ssecuritiesmarkethassetupalargetradingplatforminthelasttwoyears,buttherearestillmanyrestrictionscomparedwithforeigncountries.
ThisisaproblemisonlyinthepresentpredicamentofMrfang.TheoriginalplanofRMBequityfundsizeof10billiondidnotraisefundsestablished,iscurrentlyletMrFangdeviatefromthepassivethingsforyourselfisexpectedtotrack.
"
Ifsomeoneneedstoseal,wenttoMrfang"
snameisalwaysconnectedwithandlargetransactions.
1985,
The33yearoldMrFangisthebureaulevelcadres,hispositionisthegeneralmanagerofHenancerealsoilsandFoodstuffsImportandexportcompany.
MrFangin1968toInnerMongoliatwoyearslaterjoinedthearmyinthecountryside.In1978,whentheChinesedepartment,MrFangwasadmittedtotheZhongshanUniversity,aworkerinChinese,minorineconomics.
TheworkofgraduateassignedtotheMinistryofforeigntradeand,laterduringthedelegationwenttoHenaninvestigationsystemreform,HenanprovincewastransferredtotheChineseleadership,HenanProvinceEconomicandtradeoffice.
MrFangenergymakefirstappearanceinthisperiod,hewasdeterminedtoreform,the4largestforeigntradecompanyinHenanprovincetogether,setuptheCentralPlainsofChinaWorldTradeCenterandtheCentralPlainsgroup,healsobecameamemberofthegroupoftheforeigntradesystemreform.
ThenMrFangwasinvolvedinZhengzhoucommodityexchangefuturesexchangeofChina'
sfirstdesignandpreparatorywork,thecauseofthefirstfinancialindustryandthehanginghook.
Thereis,itistimetomeetMrFangWangQishan.WangQishanthenservedasdirectoroftheInstituteofruralreformpolicyinBeijing,HenantoconductfieldresearchintoMrfang.
MrFangWangQishanappreciatedthetalent,convincedofitspotential,hewillbesenttotheUnitedStatestostudyfinancialindustry.Isnottest,butwithoutadoubt,thisstudyabroadhasbecomethemostimportanttransformationofMrFang'
slife.Fromthenon,hesaidgoodbyetohisgreatcareerandbecameabankerwhodidnotpretendtobeabusinessman"
Reviewlaterhasb
- 配套讲稿:
如PPT文件的首页显示word图标,表示该PPT已包含配套word讲稿。双击word图标可打开word文档。
- 特殊限制:
部分文档作品中含有的国旗、国徽等图片,仅作为作品整体效果示例展示,禁止商用。设计者仅对作品中独创性部分享有著作权。
- 关 键 词:
- 高盛人物 方风雷 躲在幕后的银行家Goldman figure behind the banker Fang 人物 风雷 幕后 银行家 Goldman
链接地址:https://www.bdocx.com/doc/21306229.html