Chapter 2059 Festival

Both BlackRock and Vanguard are top Western capital giants, but their business methods and philosophies are quite different.

The former is more proactive. Not only has it not given up the Western market, but it has also been trying to actively embrace the Daxia market after swallowing up the livelihood and public industries of Ukraine. It has to take a knife to cut out a part of every cake that has just come out of the oven.

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

As for the latter, although Vanguard also wants to become the top capital, it is deeply tied to the American market. Even in the recent decades of rapid development of Daxia, Vanguard has cooperated with companies such as Ant, but it still cannot break free in a short time. It takes many years, and when BlackRock has gained, it can completely convince the old stubborn inside.

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

For example, State Street Corporation, which has been ranked "third" for many years, this company with a history of more than 200 years, currently has main businesses including custody, securities lending, fund management, etc.

Not counting free assets, the scale of the group's custodial assets alone has reached a terrifying 40 trillion US dollars, making it the largest private custodial bank in the world.

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

This company not only provides IT research and development and support for its financial business, but also handles the service work of State Street Corporation's customers 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 have entered the [Kunlun] city project of Jiuzhou Technology, 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 regulations that the management is not allowed to cooperate 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, yellow faces occupy a large proportion.

One party refused, and the other party was too proactive. It didn't take long for them to reach an agreement 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 were also busy sorting out their assets and contacting Jiuzhou Technology's business cooperation department through their own channels, hoping to invest resources in the [Kunlun] city project.

And those trust institutions, the world's top rich people, and nobles also mobilized their connections and found projects that could be invested in [Kunlun] city.

Except that BlackRock Group was not deliberately increased to invest in other projects, these capital institutions, trust institutions, and top rich people all got the opportunity to "make contributions" without exception.

Western development projects, Anxi Province environmental protection and greening, township poverty alleviation and other high-quality projects were allocated tens of billions of funds. In addition, there are canal projects, hydropower stations, water conservancy projects, environmental governance projects, and even projects such as caring for the elderly and disabled people and skills training have been allocated tens of billions of funds.

This group of foreign capital is like the "God of Wealth", selflessly contributing.

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 party and the local area.

Jiuzhou Technology will not explain the source of funds in detail, but will only implement the projects with funds in place in detail.

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

Projects in many fields such as public transportation, urban infrastructure, and social livelihood have cash deposits, and the discounted mineral resources are consumed by Jiuzhou Technology's branches and institutional departments.

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

Global capital is continuously transferring money to 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 1, 1029 of the Xia Yinxing calendar, the registration review for the second Global Martial Arts Conference of "Smart Machine Crisis" was officially completed.

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

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

During this 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 had just begun, and such a big news was made.

The already hot financial market of Daxia was further fueled by this news. Real estate stocks, technology stocks, and environmental-related stocks all surged. Even the stocks of real estate companies that had already declined began to recover in this frenzy of market sentiment, making many old stockholders who were trapped by these junk stocks burst into tears of joy.

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

Although they threw a large sum of money to Jiuzhou Technology and Daxia, they were well prepared. How could such a large project only make money from urban construction projects?

As long as there are transactions and assets, these elite people can drill out gold and oil!

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

Hearing this news, many netizens felt that snowflakes were falling on their heads.

The Kunlun Mountains are a tall mountain range that runs across the western part of Daxia. 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 at the upper valley of the Qaidam River in the east. It is more than 2,500 kilometers long.

The mountains are majestic and steep, with snow on the peaks all year round. They stand in the south of the Tarim Basin and the Qaidam Basin. The height difference between the north and the basin can be as high as 4,500 meters. The highest peak is Kongur Mountain, with an altitude of 7,649 meters.

Building a city in such a place? !

Are you kidding? !