Winning the new financial era

Chapter 370 Open Platform

"What? You said that Hantai Fund is going to terminate its cooperation with Lingqianbao?"

Zhang Yida looked at Lin Zhenyang and asked again: "Are you sure you didn't make a mistake?"

"Exactly!"

Lin Zhenyang pointed to the document in his hand, "Here, look, the contract termination letter has been sent."

Zhang Yida took the document and looked at it. How could this happen?
Learn from Brother Crow?If there is a disagreement, the table will be turned over, and everyone will have nothing to eat!

Seeing Zhang Yida in a daze, Lin Zhenyang reminded, "Don't be in a daze, think of a solution quickly! Change treasure is too important to us, we can't lose this business.

Making money is secondary, the key is to have such a product to hook users!
There are more than 1 million users of Lingqianbao. Without such a profitable and flexible product, wouldn’t it explode?

Leech Golden Clothes has been watching us covetously, and will pounce on us if there is a slight leak. "

"Don't worry, there are always more solutions than difficulties!"

Lin Zhenyang looked a little better, and nodded: "Yes, things have already happened, it's useless to talk about it, let's think of a solution first!"

He didn't mean to blame Zhang Yida either. Hantai Fund's operations were in violation of the rules, and there were no lower limits.

Harm the interests of Hantai Fund Company to help Handing Group complete the fixed increase.

Han Ding Group gets all the benefits, and Han Tai Fund will bear all the blame.

To put it bluntly, it is Hantai Fund's major shareholder, Handing Group, that is harming the interests of Ruixiang, a small shareholder.

In addition, Ruixiang sells products on a consignment basis, and may even help them take the blame once.

"What kind of logic are they doing here? To vent their anger on the Hantai Foundation?" Zhang Yida said, "This kills the enemy 49, but also hurts 51!"

"I also don't understand that terminating the cooperation with Lingqianbao will do a lot of harm to Hantai Fund!"

Lin Zhenyang suddenly remembered something, and said again: "Tell me, could they be the ones scaring us?"

"It's possible," Zhang Yida nodded, "If it were me, I wouldn't harm my own interests for a little emotional dispute.

Both Hu Gang and Wang Xiaojie are good people, one is the youngest director of the China Securities Regulatory Commission, and the other is the youngest director of the central bank.

It's such a simple truth, you can't figure it out! "

Lin Zhenyang frowned, "Since it's not serious, is it forcing us to give in?"

"It's almost like this!"

Zhang Yida thought about it carefully. It stands to reason that Hu Gang should call himself for such a big deal as terminating the cooperation.

But he didn't fight.It should be to make myself call him, right?

"Then let's call Hu Gang and talk about it?"

Zhang Yida waved his hand, "There's no need to do this! Then I'm afraid we'll have to wait for us to call him!"

If we call first, it means that we will give in first.What if they engage in disgusting things like insider trading in the future? "

"Then you have to think of a way to deal with the change treasure?"

"Yes," Zhang Yida said with a smile, "Don't the four major industrial and peasant construction companies beep beep beep all the time?
This time, Lingqianbao will be connected to ICBC Credit Suisse Fund, CCB Fund, Bank of China Fund, and ABC-CA Fund. "

"what?"

Lin Zhenyang was surprised and said: "Is this vain money just given up to the four major schools?"

"Hey," Zhang Yida waved his hand, "Old Lin, you were also the vice-chairman of the student union, why is your political consciousness so low?"

Lin Zhenyang was not angry when Zhang Yida teased him, he said: "I know what you mean, but Hantai Fund also has a net profit of [-] to [-] million yuan a year, so why don't you just let it go?"

"You can appreciate that bit of profit," Zhang Yida said with a smile, "We only get more than 1 million yuan a year, and Ruixiang invests more than that in public welfare undertakings every year."

"That being said," Lin Zhenyang chuckled, "If you don't accumulate small streams, you won't be able to form rivers and seas! No matter how small a mosquito is, it's still meat!"

Pointing to Zhang Yida again, "I noticed that you have become bloated recently. Ever since you became a billionaire, you have been engaging in social teasing with penguins and buying private jets.

Now the small goals are out of sight! "

"No way," Zhang Yida smacked his lips, "I'll tell you the truth! I want to buy Hantai Fund wholly!"

"Will Handing Group sell it?"

Lin Zhenyang didn't ask the reason for the acquisition, which doesn't need a reason at all.Others hold it in their hands, how can I be in charge of peace of mind.

Zhang Yida gave Lin Zhenyang a sideways look, "Look at their debt situation, the debt ratio has reached over 70%.

If the lender cannot make a good turnaround, Handing Group will be in trouble. "

Lin Zhenyang nodded, "That's true, Handing Group has been playing all kinds of capital games.

The financial methods are dazzling, and many domestic firsts have been opened.

In five years, the market value has gone from 1000 million to 1000 billion, which is worthy of being a top financial player! "

"Eat, eat, the more you eat now, the more you will vomit in the future."

Zhang Yida said again: "The two licenses I want most, one is for public funds and the other is for securities.

As far as Hantai Fund is concerned, it is too aggressive for us to give him a blood transfusion.The original valuation of hundreds of millions has now been turned into billions.

It doesn't matter if you terminate the cooperation with Lingqianbao, and since the profits are given to it, it will be cheaper to take over in the future.

Also, the scale of Yu'ebao is so large, the target is too conspicuous.

We have to hide our strengths and bide our time for a while, just to divert the users of Lingqianbao to the public offerings under the four major banks. "

"That's okay, anyway, Lingqianbao is not for nothing to divert traffic to the four major public offerings. If it doesn't divert traffic, it will make more money for Hantai Fund, and it won't be much worse."

"That's right, you go and deploy this work!"

Zhang Yida laughed and said, "Hu Gang still wants to make fun of us, this time to make them look good!"

……

Something happened to Alipay again!

Alipay has a one-stop wealth management platform called "Zhaocaibao", and the 10 billion yuan private placement bonds it sold cannot be paid when it matures.

It stands to reason that Zhaocaibao relies on the Alipay platform, so it is impossible to make such a big mistake?Could it be that the review is not strict?
In fact, the issuance of bonds by Qiaoxing Group on PayPal has gone through layers of approval.

Qiaoxing Group first recruited Zheshang Property & Casualty Insurance to provide a guarantee for itself, and then recruited Guangdong Development Bank Huizhou Bank to provide Zheshang Property & Casualty Insurance with a counter-guarantee.

Zhaocaibao sees that there is nothing wrong with it, so let's post it!
Two years later, the repayment date arrives.

Qiaoxing Group couldn't pay back the money, so Zhaocaibao went to Zheshang Property & Casualty Insurance, and Zheshang Property & Casualty Insurance went to Yuefa Bank.

Then Yuefa Bank said that the letter of guarantee issued was forged, and it did not provide any guarantee for Zheshang Property & Casualty Insurance at all.

Zheshang Property & Casualty Insurance is quitting, and this co-author wants me to pay compensation?The evidence was immediately posted on the official website.

Guangdong Development Bank also continued to post various evidences, but it did not admit that it had issued a letter of guarantee.

The two financial institutions started to fight, and Zhao Caibao was in a hurry. If you don't pay back the money, the users will make trouble with me!As a debtor, the Qiaoxing Group was knocking on the melon seeds, sitting and watching the show!
As the incident unfolded, melons continued to pop up.

Carrot chapters, financial fraud... More and more clues emerged, and the public security organs also began to file a case for investigation.

The users didn't care so much, they all clamored for Zhaocaibao to pay back the money.

This matter makes Zhaocaibao very passive. It is purely a wealth management product sales platform and does not provide any commitments or guarantees for capital preservation.

In other words, Zhaocaibao doesn't care about this matter.

But Leech Financial Services, which is valued at US$600 billion, can't afford to lose this man!Quickly mobilize various relationships and let Zheshang Property Insurance advance the money first.

Then Zheshang Property & Casualty Insurance went to Yuefa Bank to harass him, saying that Qiaoxing Group and Yuefa Bank had teamed up to deceive him.

At this point, it basically has nothing to do with Leech Financial Services.

But this incident caused a lot of damage to the reputation of Leech Financial Services.Many users are afraid to invest in Caibao.

In response to the Qiaoxing debt incident, Ruixiang Group held a high-level meeting to analyze the beginning and end of the incident, as well as reflections on the Internet financial platform.

Zhang Yida pouted at Lin Zhenyang, "You see! If you continue to let the Hantai Fund mess around, we should be the ones who have a headache."

Lin Zhenyang nodded approvingly. Originally, he thought it was just a consignment sale of products, and he didn't have to bear any responsibility at all.

But the reality taught him a vivid lesson!
It doesn't matter how many users there are, it's your platform that sells the products to us, and you are responsible!
"Everyone understands the Qiaoxing debt incident! Let's talk about the impact of this incident and the reflection it brings to our platform."

Zhang Yida turned his eyes to the group of senior executives, and specially lingered on Gu Panpan.

Gu Panpan is the general manager of the platform operation business group, and the seven major financial supermarkets are all under her jurisdiction.

Overseas Chinese debt is also most likely to happen in their business group.

Gu Panpan was still very self-aware, and was the first to speak: "Mr. Zhang, let me talk about my opinion first.

Zhaocaibao, as the platform party, does not have to bear the responsibility of cashing, but many users decide to invest based on their trust in the Zhaocaibao platform.

If it wasn't for Zheshang Property & Casualty Insurance's advance payment, I think Zhao Caibao would definitely be stumped by this matter.

If the payment is made rigidly, it violates the principle of the platform and takes over the responsibility that should not be taken;

If you insist on not paying and doing business, it will hurt the user's emotions.

So, a dilemma! "

Zhang Yida nodded, his analysis was very good.Looking at her again, he asked, "If this happened to a trust supermarket or a wealth management supermarket, what would you do?"

"Business!" Gu Panpan gave his answer without hesitation.

"If you do this, I believe that users will definitely come to Ruixiang Building to pull down the banner."

Gu Panpan looked serious, and replied: "Once the opening of the exchange has just been made, it will be a bad start, and if similar things happen later, will you still be compensated?
The low commission for product consignment sales is only a few tenths of a point, and the higher commission is only two or three points.

If you pay, you will lose 100 points!

I would rather bear the infamy, but also just pay.Big deal, turn off the product.At least it won't hurt the group. "

All the male executives present looked at Gu Panpan with admiration, they were really decisive.

"It's really like what you said, how can it not implicate the group."

Zhang Yida said with a smile: "It is estimated that the word of mouth has been ruined, and all the customers have left."

"So, we need to strengthen risk control. At the same time, we must educate users so that they form risk awareness, and don't rely on the platform if something goes wrong." Gu Panpan replied again.

"Educating users is easier said than done!"

Zhang Yida said with emotion, "Every day we shout slogans to break the rigid payment. However, if we really do this, we will cut ourselves off from the people!"
If you don't, you can live a few more years.Once you do this, you die immediately.

If you don't just cash in, others just cash in, users must vote with their feet!

To just exchange, the entire financial industry must come together!At the same time, there must be several painful lessons for users before users can grow. "

Zhang Yida said again: "The financial management supermarket is the business we started, and it has been developed for three years."

He looked at Gu Panpan again, "I said last year that the financial management supermarket will be completely closed at the end of 16. The Qiaoxing debt incident happened, which strengthened my determination."

"I have no opinion!"

Surprisingly, Gu Panpan did not object, and she added: "The Qiaoxing debt incident happened with both insurance and bank guarantees. Compared with P2P, the risks are even more uncontrollable.

After removing the Internet wealth management supermarket, we still have six major financial supermarkets: loans, credit cards, funds, insurance, banks, and trusts.

These products are all products with financial licenses, and the risk is much smaller. "

"The Qiaoxing debt incident gave me a lot of insights. I think it is necessary for Ruixiang to move towards an open platform."

(End of this chapter)