According to the third quarterly report of CICC 20 18, Ali's shareholding ratio of 4.84% happens to be the third largest shareholder of CICC, just behind Huijin (55.68%) and Tencent (4.95%). CICC has thus become another company invested by Tencent Ali after bilibili recently.
Title Party Debut: Competition for Internet giant brokerage licenses has intensified, and many media have asked me what I think.
From the economic analysis, after the development of industrial capital to the advanced stage, there is naturally a strong demand for financial capital. In particular, the online Internet giants have changed the way and form of finance, brought finance to a new stage, and basically subverted traditional finance. Under the new economic and technological model, the advantages of operating finance are in the hands of internet giants rather than traditional finance. Because data is the foundation and resource, and data is in the hands of Internet giants.
The key of financial business lies in credit, and the essence of credit is credit. With data, we can obtain credit accurately and efficiently. This is the importance and preciousness of data to finance. This is the great significance of Ma Yun's repeated emphasis on doing finance.
Traditional finance, including CICC, basically has no massive data. Cooperation with Alibaba can take shortcuts in obtaining usage data, including cloud computing and artificial intelligence.
Judging from the global trend, one aspect of big country negotiations is to cancel the subsidies of state-owned enterprises, and the institutional advantages of state-owned enterprises may soon disappear, making it difficult to rely on the big tree of the country. At this time, it is the best choice to introduce Tencent Alibaba into the stock market and rely on the new economy and new technology giants to develop financial business.
For Alibaba and Tencent, the current financial environment is very unsatisfactory. Their existing finance has been severely suppressed and curbed by traditional finance and supervision, and there is little hope of re-applying for investment banking securities business license, or even no foreign capital. At this time, shareholding is a shortcut, especially for state-owned enterprises such as CICC. In fact, this is also a helpless move, and it is a helpless choice under the current financial supervision environment in China.
Tencent Alibaba detoured into the securities business of investment banks, and its biggest advantage is its technological advantages, especially its modern technological advantages. Alibaba Group has natural advantages in big data, cloud computing, artificial intelligence and future blockchain technology. Alibaba's participation in CICC is not only the entry of capital, but also the entry of new technologies. It will surely make CICC move from the traditional state-owned finance into a financial company supported by new technologies. For example, intelligent financial analysts in artificial intelligence finance may be one step ahead.
In short, after Tencent shares in CICC, Alibaba will be a win-win result.