The rise of a great power: starting with military industry

Chapter 553 Grand Ceremony
10 o'clock in the morning, Xiangjiang Square.

The 'Tiger Brigade', the three-county guard of honor, the navy delegation, and the air force delegation have lined up on time and are preparing to be reviewed.

The viewing stand, where representatives from all walks of life sat.

The audience is eagerly waiting.

The military band is ready.

The leaders are appearing on the rostrum.

The host announced the start of the ceremony, and the first item was the salute.

Amid the roar of salutes, the flag guards escorted the flag of the Hong Kong Special Administrative Region and the national flag towards the flag-raising platform with powerful steps.

The roar of the cannon salute was very grand.

The sound of powerful footsteps was uniform and full of power.

When they were about to arrive, the flag guards began to march in step. Their marching was so powerful that it shocked the audience at the scene and the viewers in front of the TV.

The flag guards lined up at the flag-raising platform.

This also officially kicked off this grand ceremony.

This grand ceremony was broadcast live on CCTV-1 and TVB.

Countless Chinese people are extremely excited and thrilled because it has been several years since the last military parade.

Everyone has a vivid memory of the 1984 military parade. The eyes of every soldier who participated in the parade were filled with murderous intent.

The eyes of the soldiers of this 'Tiger Brigade' are extremely sharp and murderous. If the enemy is in front of them, they will tear the enemy to pieces without hesitation.

Even though the soldiers of the "Tiger Brigade" were lined up over there, the audience at the scene and the viewers in front of the TV still felt tremendous pressure.

The national flag was raised and the national anthem was played. The hundreds of thousands of spectators at the scene could not help but sing the national anthem together and watched the bright five-star red flag rise.

The entire military parade lasted more than an hour.

Solemn and grand!
Liu Tao was on the viewing stand with his family, waving the bright five-star red flag in their hands.

Then I went to rest with a sense of unfulfilled desire.

In the evening, there is a party, which can also be called a state banquet.

This grand ceremony is destined to be recorded in history and will be talked about by people for decades to come.

Now Hong Kong has returned to the embrace of the motherland, and Macau will also return to the embrace of the motherland in two years.

Now only Treasure Island is left, and everyone is full of expectations.

The idea of ​​great unity is always rooted in the bones of every Chinese and flows in the blood of every Chinese.

Everyone hopes that China can be unified.

Only when China is unified can we talk about revival!
If China wants to stand at the top of the world's nations, it must be unified.

Liu Tao and his family stayed in Hong Kong for a full week and had a good time touring the city. Then Zhu Lin and others took the bullet train and set off back to Beijing.

This week is also his day off, and he spends time with his family.

After watching Zhu Lin and others enter the train station, Liu Tao left the train station with his guards and moved back into the Peninsula Hotel.

Liu Tao will continue to stay in Hong Kong to handle things. The ceremony has ended, the honor is a thing of the past, and the future still needs to be fought for.

Next, it’s time to keep an eye on Dark Monday!
Currently, Liu Tao has fourteen banks in Hong Kong, including two large banks, four medium banks and eight small banks.

Standard Chartered Bank (Hong Kong) and Hong Kong Bank are two large banks. Standard Chartered Bank (Hong Kong), like HSBC, has the right to issue Hong Kong dollars, and its scale has now surpassed HSBC. Hong Kong Bank is a large bank formed through integration. Except for not having the right to issue Hong Kong dollars, its scale has surpassed HSBC and is comparable to Standard Chartered Bank (Hong Kong).

The four medium-sized banks are Hong Kong Construction Bank, Hong Kong Commercial Bank, Hong Kong Development Bank and Hong Kong Everbright Bank.

There are eight small banks, so they are not considered large in scale.

The total assets of the fourteen banks exceeded the HK$3 trillion mark, and last year they achieved a record profit of over HK$100 billion. They can be said to be golden goose that lays golden eggs.

There are currently eight small banks throughout Hong Kong, each with almost 30 branches and an asset size of approximately 30 to 40 billion.

Each of the four medium-sized banks has more than 70 branches across Hong Kong, with total assets exceeding billion yuan. In addition to Hong Kong, they also have branches in more than ten cities including Shenzhen, Guangzhou, Shanghai, Beijing, and Hangzhou.

The two major banks have hundreds of branches not only in Hong Kong, but also in various cities in the mainland. They also have branches in Macau and Formosa Boulevard, and more than 20 branches in the entire Southeast Asia.

Moreover, Standard Chartered Bank (Hong Kong) and Hong Kong Bank are still developing at a very fast pace and are far from reaching their ceiling.

The loan-to-deposit ratio of these banks is over 70%.

The loan-to-deposit ratio refers to the ratio of a bank's total loans to its total deposits. The higher this ratio is, the worse the bank's liquidity is and the higher the risk is. Banks can only make profits by lending out the money they collect from depositors. The net interest margin between deposits and loans is one of the most important sources of bank profits.

However, depositors can withdraw their deposits at any time, even if they are time deposits, and at most they will give up the interest. However, it is impossible for banks to withdraw the money they have loaned out at any time. Therefore, if the bank's loan-to-deposit ratio is too high, as long as there is a slight disturbance, a bank run may cause the bank to have no money to pay and go bankrupt instantly.

Of course, if the bank's reputation is good enough and it is fully trusted by depositors, there will be no problem even if the loan-to-deposit ratio is a little high.

A lot of this money is loaned out in the mainland to companies.

So far, the bad debt rate is very low.

Whenever Hong Kong businessmen go north, they will choose HSBC, Standard Chartered Bank (Hong Kong) or Hong Kong Bank.

In the future, the reform of state-owned enterprises and the introduction of shareholders into mainland banks will be Liu Tao's goals.

After all, in the elite banks of the mainland, even a pig cannot make a loss and can make money with his eyes closed.

Liu Tao is going to launch a big action next, and banks will be an important channel or tool.

If you miss this opportunity, you don’t know when the next one will come.

Of course, we have to act low-key here. It is best to leave no trace and not attract attention. Otherwise, the Americans will be on their radar, and who knows, they may do something desperate.

After dealing with Xiangjiang’s affairs, Liu Tao left and returned to Panshan Group.

It has been some time since I left Panshan Group, and there is a lot of work that Liu Tao needs to handle.

Even if there are other group leaders, many things are beyond their authority, so they have to wait for Liu Tao to come.

For example, this time it involves the handling of a department-level official, and the matter has to be brought up at the Party Committee meeting.

There are also some cadre adjustments that require attending the Party Committee meeting.

Therefore, Liu Tao convened a party group meeting at the Panshan Group headquarters to deal with major issues in a centralized manner.

Liu Tao returned to Panshan Group and found that even after a few days, people were still talking about the grand event of Hong Kong's return, and it was also a hot topic in the news. According to the current popularity, it will probably last for two or three months or even longer.

　Normal updates will resume on Sunday, please forgive me!

　　
　
(End of this chapter)