Chapter 339 Increased Investment

Hechingen Bank North America, New York.

"Mr. Jonathan! This is an important letter from headquarters. Please take a look."

"Well, give it to me!"

Jonathan took the letter and looked at the envelope.

"You go out first. No one is allowed to come in without my order."

"Yes, President."

After his subordinates left, Jonathan began to carefully open the envelope and read it.

Soon, Jonathan looked a little surprised, even a little bit unbelievable. Is this the decision made by the headquarters? They are crazy! If they do this, how much money will be lost?

As for the risk assessment of the headquarters, Jonathan doesn't quite believe it. According to the current situation in the United States, Jonathan feels that its economy has just started. Although the social security in the United States is somewhat chaotic, black and red are also red. Chaos can also promote economic vitality. At least it shows that local policies are very relaxed, just like those Italians engaged in black industries in the United States, they can also create value for American society.

For example, the market created by drug addicts in the United States in the past has supported at least millions of Mexicans and made a huge contribution to balancing US-Mexico trade. Although drugs are extremely harmful, it does not prevent it from being an industry at all. Gray industries are also industries and are equally valuable. This is inevitable under the values ​​of the capitalist market.

Although most of the wealth is taken away by a few people, as long as it can stay in the United States, it belongs to the United States. They are not stupid. In the United States, money can solve 99% of the problems. It also symbolizes social status, which is more comfortable than staying in the Old Continent where aristocrats are everywhere.

However, although Jonathan didn't understand, he was still prepared to do it, because he was just an employee!

After destroying the letters, Jonathan began to hold meetings.

Jonathan: "From now on, we will further relax restrictions and prepare to make a big move in the United States and make our own contribution to promoting the prosperity of American society!"

The situation in the United States is extremely good, and you can make money by doing anything, but the review mechanism of the Heilongjiang Bank is not very friendly to some traditional industries.

Now, Jonathan is following the instructions from the headquarters to relax these restrictions, which means that a large amount of new capital will soon be injected into the US market.

"As long as we are sure we can make a lot of money, it doesn't matter if the risk is a little bit higher. We will carry out our business with this goal before the end of this year!"

The North American branch of Hexingen Bank has its largest investment in the technology sector in the United States, primarily in the power industry, and now it is aiming to enter all industries.

Like all banks in the United States, no matter what it is, as long as it makes money, I will invest in this project!

However, this investment will only last for half a year. Starting next year, the North American branch's activity goal is to sell these temporarily hyped projects at a high price. When the high price will be is a difficult question to figure out, but when the time given by the headquarters arrives, it will be right to sell them.

Jonathan did not tell his subordinates about this matter, which was what he did not understand the most. What if the prices of these assets continued to rise after they were sold? Wouldn’t that be a huge loss?

…

Not only in the United States, but also in the Far East, the Heixingen Group is increasing its investment. However, the industries it targets are mainly aimed at the domestic market in the Far East, rather than export industries. The civilians in the Far East also have huge demand. The Heixingen Group is cooperating with Shanxi merchants and Huizhou merchants to develop the northeastern market of the Far East.

It is undeniable that the investment of the Heixinggen Group will cause many traditional handicrafts to go bankrupt, and the Shanxi merchant leader, Qiao Zhiyong, intends to learn the Western banking model to transform the Shanxi merchants' banknote houses, which will accelerate this situation.

When they were learning about the Western banking model, they were also inevitably exposed to new things in the world, which was exactly what Shanxi merchants lacked. The reason why Shanxi merchants went from prosperity to sudden decline was essentially because they lacked an international perspective.

Historically, during the glorious period of Shanxi merchants' development, Western capitalism was also booming. However, when Shanxi merchants were dealing with Russia, they had no interest in their large-scale machine production. When trading with European ships, apart from the goods they needed, everything else seemed to be out of their sight. They were eager for quick success and complacent, not realizing that they were becoming out of touch with the world environment. They were lazy to learn new technologies, and were reluctant to invest their hard-earned money in new machinery and technology. They only cared about immediate interests and bought houses and land.

However, the emergence of the competitor Heixinggen Bank directly seized the Shanxi merchants' territory in the eastern part of North China in a very short period of time, making Qiao Zhiyong realize the huge crisis facing the Shanxi merchants.

They cannot even compete with Westerners in normal business activities. If Shanxi merchants continue to be complacent, the northern market will sooner or later be swallowed up by the Heixinggen Bank.

As for the Qing government, which had close relations with the Shanxi merchants, it was unable to save them. Facing Westerners, the Qing government had tried to close the country to the outside world and protect its domestic market, but it was obvious that it failed under the powerful ships and guns of the Westerners.

The rapid expansion of the Heixingen Consortium in the north is proof of this. After all, behind the Heixingen Consortium are two world powers and a "big country" that is not well known to the world. The might of Germany alone is enough to frighten the Qing government, as it defeated France on its own.

Coupled with the leadership of the Hechingen Group, German merchants in the Far East really had the potential to compete with Britain, France and the United States.

At present, other countries in the Far East are still only staying in the coastal areas and areas with convenient transportation, but the Hexingen Group has overcome the inconvenience of inland transportation and entered its hinterland.

The reason why the Heixinggen Group was able to accomplish this was very simple. One was that transportation was inconvenient in the Yimeng Mountains in southern Shandong, and the economy here has been poor since ancient times. Although northern Jiangsu was flat, it also suffered from the floods of the Yellow River. It was not until the Xianfeng period that the Yellow River changed its course, ending the floods in northern Jiangsu that had plagued the region for thousands of years.

However, when the Yellow River's course was diverted during the Xianfeng period, it coincided with the Taiping Rebellion and the Nian Rebellion. Military affairs were tense and there was no time to manage the Yellow River. Yang Yizeng, the governor of Nanhe, submitted a memorial to the Qing court, suggesting "temporarily postponing the blocking and construction."

In other words, the situation was in a mess, resulting in more frequent and severe floods in the Yellow River in Shandong. As a result, towns on both sides of the Jishui River in Shandong declined, with Qidong County as the most representative example.

The source of East Africa's rich source of immigrants has been found, that is, the Heixingen Group's sphere of influence in North China was originally the economic depression of the Qing Dynasty.

Even in the 21st century, northern Jiangsu is still a fault zone in the eastern coastal area. Its development is far less than that of the north and south. There is only one large port, Lianyungang, and its development is not ideal (compared with southern Jiangsu and eastern Shandong).

Today, the city with the best economy within the economic sphere of influence of the Heixingen Group is Kaifeng, which is also the only provincial capital. However, the area east of Kaifeng to the coast is basically devastated, with natural disasters and man-made tragedies happening simultaneously. Such a place naturally cannot attract Western forces other than the Heixingen Group. After all, other regions are much better off than here in terms of conditions.

(End of this chapter)