Technology: Breaking the Global Monopoly

Chapter 2059 Celebration

BlackRock Group and Vanguard Group are both top Western capital giants, but there are significant differences in their business methods and philosophies.

The former's methods are more proactive. Not only has it not given up the Western market, but even after swallowing up Ukraine's public livelihood industries, it is still trying to actively embrace the Greater Summer market. It will pick up a knife and cut out a part of every cake that just comes out of the oven.

Even an egg or a hen, as long as it reaches its sight, will be classified and labeled as a commodity.

As for the latter, although Vanguard Group also wants to become the top capital, due to its deep ties with the American market, even in the recent decades of rapid development of China, Vanguard Group has cooperated with companies such as Ant, but it still cannot break free from the shackles in a short period of time. It will take many years, and only when BlackRock Group reaps the rewards, can it completely convince the old stubborn people within the company.

However, after the cooperation between the two parties began to enter the detailed discussion, other capital institutions of Bluestar Global could no longer remain calm.

For example, State Street Corporation, which has always been ranked third, is a company with a history of more than 200 years. Its main businesses currently include custody, securities lending, fund management, etc.

Excluding free assets, the group's custodial assets alone have reached a terrifying 40 trillion US dollars, making it Bluestar's largest private custodial bank in the world.

More than 20 years ago, the bank under the State Street Corporation had cooperated with Zhejiang University to establish a wholly-owned subsidiary called State Street Information Technology Corporation.

The company not only provides IT development and support for its financial business, but also handles services for State Street's clients in the Asia-Pacific region.

After obtaining the branch license and other certificates, State Street Corporation established fund management companies and financial services companies in Yanjing City, Pudong City and other places to provide services to the group's Daxia market customers.

Seeing that the previous two companies had entered Jiuzhou Technology's [Kunlun] city project, State Street Corporation naturally chose to "follow".

Perhaps it is because State Street Corporation has been operating in the local market of Daxia for a long time. Although Jiuzhou Technology has internal regulations that prohibit management from cooperating with foreign capital, the senior management of other companies cannot do so.

Therefore, among the team members sent by State Street Corporation to the Xinke District, a large number of them are of yellow race.

One party did not refuse, and the other party was too proactive, so it didn't take long for them to agree on the direction of cooperation. Then the middle and lower-level management finalized the details, and finally Gu Qing signed.

Morgan Stanley, Gaosheng Group, Fidelity Investments, Allianz Group, and other top capital giants are also busy sorting out their assets and contacting Jiuzhou Technology's business cooperation department through their respective channels, hoping to invest resources in the Kunlun city project.

Trust institutions, the world's richest people, and aristocrats also mobilized their connections and found investment projects in the city of Kunlun.

Except for the BlackRock Group, which was not deliberately required to increase investment in other projects, all the capital institutions, trust institutions, and top wealthy people behind it have been given the opportunity to "make contributions" without exception.

Hundreds of billions of funds were allocated to high-quality projects such as the Western Development Project, Anxi Province's environmental protection and greening, and township poverty alleviation. In addition, canal projects, hydropower stations, water conservancy projects, environmental governance projects, and even projects such as caring for the elderly and widowed people and skills training for the disabled were also allocated tens of billions of funds.

This group of foreign capital is like the "God of Wealth", making selfless contributions.

However, even if they give money, they will not directly connect with these projects, but deposit the money into the bank account of Jiuzhou Technology and its cooperation, and then Jiuzhou Technology will connect with the project parties and local governments. Jiuzhou Technology will not explain the source of funds in detail, but will only confirm the projects with funds in place.

In addition, the Chengdu Municipal Bureau and those places that have major cooperation projects with Jiuzhou Technology also received support from this funding.

Projects in many fields such as public transportation, urban infrastructure, and social livelihood have all received cash, while the discounted mineral resources are consumed by various branches and institutional departments of Jiuzhou Technology.

With the active investment of major global funds and the official support of Daxia, the fund account established by Jiuzhou Technology specifically for the construction of Kunlun City already has more than 3 trillion Xia yuan in cash, and this amount of funds is still increasing.

Global capital is continuously transferring money into this account!

The Daxia government was also happy to support this special project. After the expert team submitted the investigation report, Jiuzhou Technology's [Kunlun] city project was also approved.

On October 1029, 10 of the Xia Yin calendar, the registration review for the second Global Martial Arts Tournament of "Omnic Crisis" officially ended.

On the same morning, Daxia officials officially announced the establishment of Kunlun City in the afternoon.

As soon as this news appeared, it sparked heated discussions among countless netizens.

During the period when major capital institutions and wealthy people frequently discussed cooperation with Jiuzhou Technology, many people knew that Jiuzhou Technology's [Kunlun] city project was likely to be implemented, but no one expected that Jiuzhou Technology and Daxia officials would move so quickly.

The National Day holiday has just begun and such big news has come out.

The already hot financial market of Daxia was further fueled by this news. Real estate stocks, technology stocks, and environmental-related stocks all saw a collective surge. Even stocks of real estate companies that had been somewhat declining began to recover in this frenzy of market sentiment, causing many old investors who were trapped by these junk stocks to cry with joy.

BlackRock, Vanguard Group, State Street Corporation... and other capital groups also took this opportunity to withdraw some of the chess pieces they had previously ambushed.

  Although a huge sum of money was thrown into Jiuzhou Technology and Daxia, they had already made preparations. For such a large project, how could it be possible that only the urban construction project could make money?

As long as there are transactions and assets, this group of smart people can drill for gold and oil!

Later, more detailed information came out that Kunlun City would not be located in a coastal or central city, but would be located around the Kunlun Mountains.

After hearing the news, many netizens felt like snowflakes were falling on their heads.

The Kunlun Mountains are a tall mountain range that runs across the western part of Bactria. It is located on the northern edge of the Qing-Tibet Plateau, starting from the eastern part of the Pamir Plateau in the west and ending in the upper valley of the Qaidam River in the east. It is more than 2500 kilometers long.

The mountain is majestic and steep, with snow on the top all year round, standing in the south of the Tarim Basin and the Qaidam Basin. The altitude difference between the north and the basin can be as high as 4500 meters, and its highest peak is Kongger Mountain, with an altitude of 7649 meters.

  Building a city in a place like this?!

Are you kidding?!

(End of this chapter)