The largest case of this year is that the share of the bank is expected to be 10 / 19. The future does not exclude mergers and acquisitions | Other NOW news Today's news



▲ Chen Shanzhong, general manager of Shanghai Commercial Savings Bank. (Photo / Reporter Yan Zhenzhen, 2018.9.17)
▲ Chen Shanzhong, general manager of Shanghai Commercial Savings Bank. (Photo / Reporter Yan Zhenzhen, 2018.9.17)

Shanghai Commercial Savings Bank, which is considered the excellent student and bank stock of a bank, is expected to be public on October 19 and to hold pre-IPO presentations on the 17th. Because Shanghai Commercial Bank is also the only non-gold-led bank to receive gold and "unqualified mergers and acquisitions", Chen Shangzhong, the general manager of the Shanghai Commercial Bank, said during the interview that the purpose of the listing is to to diversify the funding channels and to make sufficient resources available. We can expand our business and have the opportunity to acquire. "Since the competent authorities have given us this confirmation, we will also evaluate it properly" and we will give priority to the bank and we will not exclude any opportunities.

Shanghai Shangyin 1915 was founded in Shanghai by the banker Chen Guangyu and was founded by a small-scale developer with a capital of 100,000 yuan. Four years later, the mother of the cotton yarn, Rong Zongjing, and the current chairman of Shanghai Commercial Bank, Rong Hongqing, invested in Shanghai. Shangyin has become the largest shareholder. Over the past 100 years, the Shanghai Commercial Bank has been equated with the 100-year-old family and has grown to become one of the largest private banks in China in less than 20 years.Itself Sun Yat-sen, the founder of the company, was shareholder of the Shanghai Commercial Bank. .

Due to historical factors, the Shanghai Commercial Bank later moved to Taiwan after the government moved, which was first re-registered in 1954 and established the General Management Office in Taipei City after 10 years of hard work, in June 1965, for the City Hall of Taipei. The road officially continued and became the only private bank in China to return from the mainland to Taiwan, which has existed for 103 years and has been living in Taiwan for 53 years. Rong Hongqing, 95 years old, is the oldest and oldest bank chairman in China .

▲ Shanghai Commercial Savings Bank held a pre-IPO performance presentation, left the general manager Chen Shanzhong, right the deputy general manager, and is the grandson of the chairman Rong Hongqing. (Photo / Reporter Yan Zhenzhen, 2018.9.17) "width =" 1478 "height =" 1108 "srcset =" https://www.nownews.com/wp-content/uploads/2018/09/1537183292-c95e26e9a5ce8c2ef0525e9ea2126d29.jpg 1478w, https://www.nownews.com/wp-content/uploads/2018/09/1537183292-c95e26e9a5ce8c2ef0525e9ea2126d29-300x225.jpg 300w, https://www.nownews.com/wp-content/uploads/2018/09 /1537183292-c95e26e9a5ce8c2ef052539ea2126d29-768x576.jpg 768w, https://www.nownews.com/wp-content/uploads/2018/09/1537183292-c95e26e9a5ce8c2ef0525e9ea2126d29-1024x768.jpg 1024w, https://www.nownews.com/wp -content / uploads / 2018/09/1537183292-c95e26e9a5ce8c2ef0525e9ea2126d29-80x60.jpg 80w, https://www.nownews.com/wp-content/uploads/2018/09/1537183292-c95e26e9a5ce8c2ef0525e9ea2126d29-160x120.jpg 160w, https: / /www.nownews.com/wp-content/uploads/2018/09/1537183292-c95e26e9a5ce8c2ef0525e9ea2126d29-265x198.jpg 265w, https://www.nownews.com/wp-content/uploads/2018/09/1537183292-c95e26e9a5ce8c2ef0525e9ea2126d29- 530x396.jpg 530w, https: // www .nownews.com / w P-content / uploads / 2018/09/1537183292-c95e26e9a5ce8c2ef0525e9ea2126d29-696x522.jpg 696w, https://www.nownews.com/wp-content/uploads/2018/09/1537183292-c95e26e9a5ce8c2ef0525e9ea2126d29-1392x1044 .jpg 1392w, https: //www.nownews.com/wp-content/uploads/2018/09/1537183292-c95e26e9a5ce8c2ef0525e9ea2126d29-1068x801.jpg 1068w, https://www.nownews.com/wp-content/uploads/2018 / 09/1537183292-c95e26e9a5ce8c2ef0525e9ea2126d29 -560x420.jpg 560w, https://www.nownews.com/wp-content/uploads/2018/09/1537183292-c95e26e9a5ce8c2ef0525e9ea2126d29-1121x840.jpg 1121w "sizes =" (max-width: 1478px ) 100vw, 1478px
▲ Shanghai Commercial Savings Bank held a pre-IPO performance presentation, left the general manager Chen Shanzhong, right the deputy general manager, and is the grandson of the chairman Rong Hongqing. (Photo / Reporter Yan Zhenzhen, 2018.9.17)

Shanghai Commercial Bank currently has a capital of 40.79 billion yuan at the end of June the net worth about 123.4 billion yuan, and the net worth per share was 30.35 yuan.It was listed by Xinggui and currently has a market value of about 145 billion yuan and will also be the largest stock exchange on the Chinese stock market this year. It is also the only listed bank this year and on the 17th the final price of the counter is 35.5 yuan. If it is currently in the bank shares listed and listed on the counter, the shares of the cabinet are the stocks of the bank shares and the bank shares after the capital. Only the second share price broke through 30 yuan of bank shares and the rest of the bank shares amounted to more than 10 yuan.

Under the influence of large-scale gold controls, the small and medium-sized banks in Taiwan have to stand out from the crowd, it is not easy and some have even been merged. "Shanghai Commercial Bank has always been a profit model for domestic banks, whose business performance has always been ranked in the first row of domestic banks.In 2017, earnings after tax per share of NT $ 3.04, with a cash dividend of 1, 8 yuan, a dividend yield of around 5% in cash, dividends are very attractive to investors, 2018 after tax after tax of 6.65 billion yuan, 6.8 higher than in the same period last year%, profit after tax per share of 1.63 yuan, better than the same period of the previous year of 1.53 yuan, in addition, at the end of June this year, arrears ratio of 0.27%, provision for bad debt coverage of 506.17%, solvency ratio of 13.83%, the first category of With a capital ratio of 12.30%, the financial calculations are pretty good and equity is concentrated, so that the market calls it a bank that "earning money".

As a result, Shanghai Commercial Bank has attracted high interest from institutional investment companies and general investors before this is listed. With the listing and underwriting Shanghai Shangyin will issue 22.5 million new shares, of which 2.5 million shares will be reserved for employees to subscribe, and the remaining 20 million shares will be subscribed in the past before the shares are listed, of which 16 million shares are planned on 28 September to 2 October. On the day of the auction, 4 million shares were publicly procured from 8 October to 11 October. It is expected that this stock exchange will be listed on 19 October.

▲ Shanghai Commercial Savings Bank held a pre-IPO performance presentation. (Photo / Reporter Yan Zhenzhen, 2018.9.17) "width =" 1478 "height =" 1108 "srcset =" https://www.nownews.com/wp-content/uploads/2018/09/1537183823-311e38570091e1b7eb4964950699c43e.jpg 1478w, https://www.nownews.com/wp-content/uploads/2018/09/1537183823-311e38570091e1b7eb4964950699c43e-300x225.jpg 300w, https://www.nownews.com/wp-content/uploads/2018/09 /1537183823-311e38570091e1b7eb4964950699c43e-768x576.jpg 768w, https://www.nownews.com/wp-content/uploads/2018/09/1537183823-311e38570091e1b7eb4964950699c43e-1024x768.jpg 1024w, https://www.nownews.com/wp -content / uploads / 2018/09 / 1537183823-311e38570091e1b7eb4964950699c43e-80x60.jpg 80w, https://www.nownews.com/wp-content/uploads/2018/09/1537183823-311e38570091e1b7eb4964950699c43e-160x120.jpg 160w, https: / /www.nownews.com/wp-content/uploads/2018/09/1537183823-311e38570091e1b7eb4964950699c43e-265x198.jpg 265w, https://www.nownews.com/wp-content/uploads/2018/09/1537183823-311e38570091e1b7eb4964950699c43e- 530x396.jpg 530w, https: // w ww.nownews.com/w P-content / uploads / 2018/09 / 1537183823-311e38570091e1b7eb4964950699c43e-696x522.jpg 696w, https://www.nownews.com/wp-content/uploads/2018/09/1537183823-311e38570091e1b7eb4964950699c43e- 1392x1044.jpg 1392w, https: //www.nownews.com/wp-content/uploads/2018/09/1537183823-311e38570091e1b7eb4964950699c43e-1068x801.jpg 1068w, https://www.nownews.com/wp-content/uploads/ 2018/09 / 1537183823-311e38570091e1b7eb4964950699c43e -560x420.jpg 560w, https://www.nownews.com/wp-content/uploads/2018/09/1537183823-311e38570091e1b7eb4964950699c43e-1121x840.jpg 1121w "sizes =" (max-width: 1478px) 100vw, 1478px
▲ Shanghai Commercial Savings Bank held a pre-IPO performance presentation. (Photo / Reporter Yan Zhenzhen, 2018.9.17)

It is worth noting that gold management will promote gold and open "unintentional mergers and acquisitions". At the moment there are 5 gold controls and 6 banks that meet the application requirements, including the Shanghai Commercial Bank as the only non-gold-steered banker. . In this regard, Chen Shanzhong also said on the 17th that although the current rules of the game have not come true, "but the competent authorities have such a confirmation for us, we will evaluate it well of course, do not close any opportunities, banks or other possibilities, after the offer will Make Considerations. "Whether there are contacts? He said, "Not yet, I only recently learned that a standard should be judged."

Shanghai Commercial Bank currently has 69 offices in China, offices in Hong Kong, Vietnam and Singapore and offices in Thailand, Cambodia and Indonesia. In June this year it was approved by the Financial Management Association in Taipei City, New Taipei City and Hsinchu. City. A new branch was established and in August it could be used on the mainland to establish a Wuxi branch.

Shanghai Commercial Bank also owns 57.6% of its subsidiary Shanghai Commercial Bank in Hong Kong, the subbank has 44 offices in Hong Kong and offices in New York, San Francisco, Los Angeles, London and Shenzhen and Shanghai. There is a branch in the Shanghai free trade area, which means that the commercial bank of Shanghai Commercial Bank extends across Europe, America and Asia and the international network for financial services is quite complete.

However, Chen Shanzhong believes that, if the development of inclusive financing needs to be implemented, the number of 69 offices in China is not much. The internal evaluation is at least 70 or more. Space is still going in this direction.

What about getting a life insurance company? Chen Shanzhong pointed out that there are currently only four non-Golden Life Insurance companies. The Shanghai Commercial Bank has no experience with the insurance business in the past, but is only specialized in banking. It is therefore not necessarily necessary to life insurance. After all, it is not a trusted company. It may be possible to cooperate with the insurance sector. As long as the introduction of insurance products at customers, it is not necessary to make insurance products.

For the government to open two pure online banking licenses, Chen Shanzhong said there are already three groups of people fighting for the situation, and the current bank has developed online banking, and if the pure regulatory standards for online banking are the same as banks, or business development like a bank. It is difficult to talk about, and Shanghai Shangyin has worked actively in the past to develop bank digitization, online banking and mobile payments. Digital accounts do not have to go to the bank, it is comparable to pure online banking and the average person has more confidence in the bank. If the bank develops its own pure online banking and creates a different environment, it can also attract young people to the bank to a certain extent, meaning that the Shanghai Commercial Bank does not have to invest in pure internet banking.

In addition, Chen Shanzhong also revealed that Shanghai Commercial Bank has not bothered with financial innovation, including participation in the financial blockchain information request service project of the financial company, and Shanghai Commercial Bank will also enter the financial technology innovation park to participate in digital sandbox and business experiments. Two plans for the room.


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