On January 5, 1995, Phoenix Satellite TV Chinese Channel received great news. It was approved by the mainland propaganda department, and the television satellite signal was landed in the mainland. It was not just in Guangdong in the Greater Bay Area, but the entire mainland was connected.
This is the result of the joint efforts of Phoenix Television and Columbia Phoenix Media over the years.
It's not easy, but there is news that Fatty Liu, a cultural businessman from Beijing, has received special support from the Hong Kong authorities and has established Sunshine TV, which shares a satellite with CCTV.
However, the new Sunshine TV only allows television signals to be accessed in the Greater Bay Area including Guangdong and overseas star-rated hotels.
Xiao Zhen is not proud of the overseas market alone. Apart from CCTV, which has a natural advantage as an official media, Phoenix Chinese Channel firmly holds the throne of the number one TV station among Chinese media in terms of content, system, and stance.
The content sold by Columbia Phoenix Media every year and their high-quality TV series are high-quality cultural products that are sought after around the world.
Now many big media companies in the United States are following Columbia Phoenix’s lead.
The media influence has become dominant, so the signal access negotiations that have been negotiated for nearly five years have finally been approved.
Xiao Zhengtang and his son knew very well that it was the deserved reward that Daxia Industry, Daxia Innovation Investment Company, Huamei Aerospace and Baixing Industrial Group received without making any changes when the company moved its registration and equity changed in December last year.
This is a sign that the Xiao family is not planning to run away. They are planning to settle down in the mainland and see that none of the big companies are engaging in tax evasion tricks.
This is of course what Xiao Zhen personally told his Uncle Yang. The reason why some large international companies do this is, on the one hand, tax avoidance, and on the other hand, it is a standard action for large international companies that are always ready to withdraw from certain markets. The taxes in Europe and the United States are too heavy.
Why can Hong Kong and Singapore attract investment? The taxation is not heavy, the financial industry is developed, and the capital inflow and outflow are very convenient.
Xiao Zhen also proposed that his American Commercial Bank would be renamed in the near future. This guy relied on his young age to ask his uncle Yang to give him a new name.
Uncle Yang had really thought carefully for three days before choosing the name Gangcheng Fuxing Commercial Bank. He even mentioned some good news at the end that made Xiao Zhen jump up immediately.
The new Fuxing Commercial Bank will become the Hong Kong dollar issuing bank together with the Bank of China. His uncle Yang asked him to prepare the bank reserves and physical gold.
Xiao Zhen immediately contacted Lao Liang, the former owner of Peregrine and current president of Pan American International Investment Company, and asked him to prepare for the name change.
After sorting out the bank accounts, Xiao Zhen then had 5,000 tons of five-nines gold transported from the Damaoshan vault to the headquarters reserve vault, now renamed the Fuxing Commercial Bank.
Xiao Zhen was attracted by Lao Liang, so he went to great lengths to merge Peregrine into Pan American International Investment Group.
January was a joyful month. At the end of the month, the Hong Kong Monetary Authority officially announced that the note-issuing banks in Hong Kong would be changed to HSBC, Standard Chartered, Bank of China and Fortune Land Development, the four official note-issuing banks in Hong Kong.
Victory Bank lost its qualification as a note-issuing bank and within three days was completely merged into the HSBC Group by the controlling bank HSBC.
On January 11, Lao Liang, President of Hong Kong Fuxing Commercial Bank, officially announced the current and future plans of Fuxing Commercial Bank in an exclusive interview with the "Current Affairs Observation" column of Phoenix TV Chinese Channel.
From the official announcement, the financial community also learned why Fuxing Commercial Bank was able to replace Youli and become the new note-issuing bank. This was because the bank's head office had 8,200 tons of gold reserves in its own vault. This was its confidence.
Now Fuxing Commercial Bank continues to focus on supporting industrial investment in Hong Kong and the city, and on loan support in the industrial sector.
The first phase of emerging industry support loans will provide 240 billion Hong Kong dollars over three years, which is a huge amount of funds of 30 billion US dollars to support the development of related industries.
It mainly focuses on supporting six major industries: biotechnology, semiconductors, Internet, new energy, 3C, and machinery and shipbuilding, and seeks new opportunities with Chinese businessmen around the world to welcome the new century!
The second son of the Li family, who was the first to submit a loan application, had his loan application for the "Cyberport" project rejected.
Li Laoer asked someone to find out the reason, and the person from the bank said that their eldest son was talking about a real estate project packaged as an Internet concept.
Don't share the funds he uses to inject capital into the emerging industries in Hong Kong.
It is suggested that Mr. Li Er go to HSBC or Standard Chartered, which would be easy.
If he is interested in developing the Internet, he can go to Silicon Valley to find Pan American Innovation Venture Capital.
Learn how to do Internet projects, and that’s it.
Li Er had to save face after being seen through at a glance, so he returned home to cultivate himself.
However, Pan American International Investment actually raised funds on its own to build an innovative industry incubation park near Hong Kong Polytechnic University.
I have received project investment proposals from students and professors of Hongcheng Polytechnic.
Pan American Venture Capital has invested in nearly 32 projects, and the China Renaissance Commercial Bank has followed up by issuing special low-interest loans of nearly HK$2.8 billion.
The Yuen Long Innovation Industry Incubation Park has been put into operation quickly. It has professional accountants, a team of lawyers, and a high-end talent hunter market, which are all shared services in the park.
Yuen Long has gradually become an innovation hub for emerging and cutting-edge industries in Asia.
Xiao Zhen personally selected and invested in a new drone company, which was jointly established by several professors from Hong Kong Polytechnic University.
One of the initiators was also the mentor of DJI’s boss Wang, which is very reliable.
Xiao Jin and Xiao Duo also returned to Taiping Mountain during the winter vacation. One day, Xiao Duo mysteriously pulled his elder brother to his study and turned on the computer. Xiao Zhen saw the electronic game programmed by his younger brother, which he named Little Bee.
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