Shares of the same party to replace CNOOC investment to take the Hai Kang insurance 50%

Source: Internet
Author: User
Keywords Shares borrowing power buying the sea
Tags company environmental protection finance financial group it is market replace

Summary: Despite the market early rumors, the same side shares (600100. SH) to take over CNOOC's 50% stake in Hoi Kang Insurance was finally confirmed. Under the cooperation agreement, the shares of the same party will be jointly operated by the Dutch global Life insurance Group.

Despite the early rumors of the market, the shares of the same party (600100). SH) to take over CNOOC's 50% stake in Hoi Kang Insurance was finally confirmed.

Under the cooperation agreement, the shares will be jointly operated by the Dutch global Life Insurance Group, the existing life insurance company in China, Hai Kang Life Insurance Co., Ltd. The deal is awaiting approval from regulators, and once approved, the shares will become Chinese shareholders in the new joint venture, with a 50% per cent stake in the life insurance Company of the global Life Insurance Group in the Netherlands.

The industry's doubts are that, as a veteran technology enterprises, information, security, energy conservation and environmental protection, such as the main industry of the same party shares this time after the acquisition of sea and Kang insurance into the financial field of the implication.

Public information shows that September 11 this year, CNOOC Investment Co., Ltd. in Beijing Equity Exchange publicly listed 50% stake in the Hong Kang Life Insurance Company, the listing price of 1 billion yuan. Recently, the sale of the auction closed, with the shares of the 1 billion yuan listing price tag success.

"It's not cheap to buy haikang, but we're determined to do it," he said. "In the 2014 Asia-Pacific Financial Forum (APFF), Lu Jiaocheng, chairman of the shares, said that as a technology company, the same side of the acquisition of insurance companies in addition to share the growth of the Chinese insurance industry, but also the hope that the same side of the investment ability to use the insurance funds better."

And behind this, the combination of industrial and financial capital in the Chinese market in the number of disputes over the years, after all, "DeLong system" after the collapse of ten years still let a lot of people fear.

"The most powerful" is finance, the most ' Xianpinaifu ' (also) is Finance, no entity (industry), finance will not give you something. Morgan is expanding on a strong industrial basis, but the expansion of DeLong is in the case of wonderful ideas, this thing is without foundation, it is a castle in the ground, (so) at that stage finance will not support it. Lu Jiaocheng recently accepted the media, including the first financial daily, in an interview.

According to Lu Jiaocheng Planning, the purpose of industrial finance is to develop entities, finance itself is a "parasite", but also because of the existence of parasites, those animals can live well, this is the biological chain. "There is no need to lay out a securities fund or investment bank, which has nothing to do with the other side." But financial leasing, including insurance, has to do with us, and these long-term investments are very helpful to our long-term investment. ”

It has to be said that the current domestic infrastructure investment and return of the income is not ideal. It is understood that the energy-saving environmental protection industry as an example, the current northern region heating market, every 10 million square meters of building area, the government's subsidy will be about a billion, otherwise this thermal company in this area heating is unsustainable. At present, the same party shares in charge of nearly 70% of the regional heating automatic control system.

"Finance plus our industry management capacity, energy-saving technology progress, the combination of these three, in the future in the central heating, water treatment, EMC's contract energy management and other areas of investment will have very good returns, the return on investment is expected to reach 15%~20%." Lu Jiaocheng added.

As a technology company, the same side shares of Tsinghua University were positioned in the incubator. However, within the same party more willing to position themselves as a venture capital, or the transformation of scientific and technological achievements.

"The same side is doing a good project of the scientific and technological achievements of transformation, the difference is that after the conversion of the results are left in their own hands, not by withdrawing to earn money, but through the industrial group to become the same side of the foundation." Lu Jiaocheng told the first financial daily reporter.

Related Article

Contact Us

The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion; products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the content of the page makes you feel confusing, please write us an email, we will handle the problem within 5 days after receiving your email.

If you find any instances of plagiarism from the community, please send an email to: info-contact@alibabacloud.com and provide relevant evidence. A staff member will contact you within 5 working days.

A Free Trial That Lets You Build Big!

Start building with 50+ products and up to 12 months usage for Elastic Compute Service

  • Sales Support

    1 on 1 presale consultation

  • After-Sales Support

    24/7 Technical Support 6 Free Tickets per Quarter Faster Response

  • Alibaba Cloud offers highly flexible support services tailored to meet your exact needs.