Into the Hang Seng Electronics intended to expose Ma admits he is "spoiler"

An Lifen Guangzhou correspondent reported

Ma Yun, founder of Alibaba, admitted to being "a spoiler" on different occasions. Today's funds, securities, banks and even the soccer industry seem to have become Ma's area to shake.

Jack Ma is about to enter, also stirring the Hang Seng Electronics (600570.SH) where the arena.

July 6, media reports said that "June 27, Hang Seng Electronics 032 investment management system a major accident, a number of financial institutions using the system can not be a normal order transactions, including trusts (entrusted with the sun private equity) the worst affected" , Adding that "the people of Zhejiang Rongxin started to station in Hang Seng Electronics, causing the company to have problems in management and follow-up services."

Hang Seng Electronics announced clarification announcement the next day, said the same day 032 investment management system is operating normally, the company did not receive any customer complaints, there is no Zhejiang Credit Rongs team stationed in Hang Seng Electronics. Hang Seng Electronics always follow the principle of listing five independent, namely "asset independence, business independence, personnel independence, institutional independence and financial independence."

Hang Seng Electronics vowed, however, Ma's involvement in the financial circle has long been an open secret.

21st Century Business Herald reporter learned exclusively from Hang Seng Electronics recently secret contact with some brokerages. The main content of the negotiation is that Hang Seng's system can be used free of charge by brokers. In exchange, Hang Seng hopes brokers will increase their commission to enjoy this part of the proceeds. More importantly, Hang Seng Electronics proposed to share customer transaction data with the broker.

"This is a typical Internet thinking, seemingly free, but in fact very smart," one person in the field of Internet finance commented.

However, the above conditions in the strict internal control brokerage industry, has been a huge resistance. "This will result in the risk of losing customer information, first compliance will not pass." A South China brokerages who said.

21st Century Business Herald reporter in this regard to Alibaba and Hang Seng electronic verification. Alibaba public relations person said, "no such thing", but the person in charge of Hang Seng Electronics phone is no answer.

Failed negotiations

Following the holding Tianhong Fund, in April this year, Ma another area in the financial sector.

Hang Seng Electronics announced that at that time, Zhejiang Rongxin Network Technology Co., Ltd. (Zhejiang Rongxin) intends to cash a 100% stake in Hang Seng Group, the total amount of the transaction was about 32.99 billion yuan, while Ma Yun held Zhejiang Rongxin 99.1365% shares. After the transaction is completed, Jack Ma will become the actual controller of Hang Seng Electronics.

Hang Seng Electronics is the leading provider of financial software and network services, known as "the first financial IT stocks."

"Hang Seng's technology really good, customers like to use." The aforementioned South China brokerages say. Currently, financial institutions such as brokers, funds and banks rely heavily on Hang Seng, which has given Hang Seng a lot of bargaining chips.

Allegedly most of the domestic fund companies background trading, investment and other core systems are provided by Hang Seng, and close to half the market share of the securities company system also controlled by Hang Seng Electronics. In 2013, Hang Seng e-revenue of 1.2 billion yuan, of which 433 million yuan of securities revenue, foundation-based revenue of 343 million yuan, bank revenue of 234 million yuan.

Ma Yun Xiang in Hang Seng electronics, so that the outside world first thought of is its "big data dream."

"Big data is Ali's strategic plan, with little Hang Seng Electronics." The public relations official said the company is currently IPO period of silence, inconvenience to say too much.

However, according to 21st Century Business Herald reporter, Hang Seng Electronics has been negotiating with the latest software systems and brokerages. It proposes to use the software free of charge for use by brokers, but hopes to be able to participate in commissions and share customer information and transaction data with brokers.

"For example, the original customer's commission is three thousand, free use of Hang Seng's system, the commission is four thousand, the extra part of the two sides divided into." Another medium-sized brokerage revealed that this is not the main key is another exchange , That is, to share customer data, "This is hard to accept." The two sides also failed in this negotiation.

Alibaba said the official said the above public relations, "the logic of the negotiations is wrong, it should not be the case." Later, another person in charge of public relations Ali replied that "no such thing."

Big data bonus

"Hang Seng Electronics and brokerage cooperation is mainly the two departments of asset management and self-employed, does not involve brokerage business.If the negotiation content is true, it may be its subsidiary Hang Seng Juyuan database products, it may be database and investment terminal binding Together. "Beijing, a long-term follow-up analysis of Hang Seng Electronics fund managers said the source products in Shanghai Juyuan similar to the Wind, but there are many gaps with the lot, has been unable to sell, year after year loss.

According to the fund manager, Hang Seng may change its strategy and sell its products to retail investors for pricing warfare.

Shanghai Hang Seng poly source is acquired by Hang Seng Electronics in 2010. The annual report shows that Shanghai Juyuan suffered a loss of 16.7 million yuan in 2013, narrowing 24.8% from 2012.

Guotai Junan Research reported that "Juyuan and HOMS 2.0 business is expected to gain better opportunities in the development of Ma Holdings, Juyuan further reduce the loss. In addition, the source and S & P's Capital IQ cooperation is expected to greatly enhance the company Database product competitiveness, to help Hang Seng Electronics to seize more market share. "

"Humanity has been from the IT era to DT era", this sentence from Jack Ma, and spread widely. Ma raised the above remarks at a big data industry promotion conference held in Beijing one month prior to the announcement of the acquisition of Hang Seng Electronics.

"Since five years ago, we have secured a lot of treasure in cloud computing, and Internet finance has been born. Without financial support, Internet finance is unthinkable." Jack Ma remarked, "Alibaba is the big winner of the big data" .

"Our leadership once visited Ali's engine room and big data and later came back and exclaimed that banks could not do Ali for decades again." A large state banker once disclosed.

"BAT's profit model is always different from the traditional business. First grasp of customers and data, how to deal with and use of these data later." Sales manager of a large brokerage in southern China, said if they master the customer transaction data will be Analyzing the customer's fortunes and risks, and then recommending their products or making other uses for them, is a tremendous amount of power.