Chapter 426： 3 big mountains

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Time flies like a white horse, one day has passed in an instant, and the interviews Xia Yu was in charge of have all ended.

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After some interviews, 7 people were finally hired, including Jason Gregg, who was the general manager.

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In addition, the other six people are all high-level positions. As for the subsequent recruitment and replacement of middle and low-level personnel, Xia Yulai does not need to worry about it, and the company's personnel department will be responsible.

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The next day, everyone gathered at Jiuding Securities Company, and then led by Xia Yu to Jardine Insurance Consulting Group. To everyone's shock, Xia Yu changed the senior management.

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After that, all employees were summoned to conduct training and personnel division adjustments. After a quick and violent rectification, Xia Yu's prestige was instantly established, and his control of the company jumped several levels.

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After the rectification, Xia Yu called Jason Gregg into his office alone.

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"Jason, the company has just been reorganized, and there are still many shortcomings. You must fully check and keep the company on track."

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"Before that, you should complete the renaming of the company. The name Jardine Insurance Consulting Group is no longer needed. The company's name is Jiuding Insurance Co., Ltd."

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"Okay, BOSS!"

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Jason Gregg obediently responded, and did not object to the name change.

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The name change must be done. Even if Jason Gregg is prevented from understanding the situation, Xia Yu will carry it out hard.

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Although Jardine Insurance Consulting Group is an established insurance company, it must have a reputation and brand.

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But after all, the insurance industry is different from other manufacturing and retail industries. Although the name change has an impact, it will not be too big.

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And the most important reason is that the old brand of Jardine Insurance is not as famous as "Jiuding" in terms of popularity and credibility.

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Xia Yu is a proper financial tycoon. The title of "Stock God" has long been deeply rooted in the hearts of the people with his success. If the insurance company is changed to Jiuding Insurance, he can enjoy the bonus of the "Jiuding" brand.

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The original Jardine Insurance, at most, involves people who have business needs and are able to buy insurance. Many people at the bottom may not know it.

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But changing to Jiuding Insurance is different.

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The middle and high class people covered by the "Jiuding Daily" are basically able to buy insurance and have a high degree of trust in the Jiuding brand.

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For those who are temporarily unable to buy insurance, they will contact the newspapers of Jiuding Newspaper every day. With the accumulation of time, trust in the Jiuding brand will be extremely high. When they have the money to buy insurance, they will be relatively unfamiliar. Insurance companies are naturally more willing to buy insurance from Jiuding Insurance Company.

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Another, when Jiuding Bank is launched, together with the original Jiuding Securities, the Jiuding Financial Group will definitely become a comprehensive financial group ranked extremely high by HeungKong.

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Jiuding Insurance is backed by the well-capitalized Jiuding Financial Group. Customers do not have to worry about indemnity issues. Jiuding Insurance’s competitiveness will increase sharply.

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The name change is not only good for the present, but also good for the future. Xia Yu didn't change his name unless he got his brains.

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"Do you have any thoughts on the company's development?"

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Xia Yuxiang asked Jason Gregg with a hint of expectation.

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Jason Gregg thought for a while and said calmly: "Boss, my understanding of the company's situation is only superficial, and the specific situation needs to be understood in depth."

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"However, according to my idea, the company must first be based on the life insurance business. This is most beneficial to the boss. The next level is property insurance, reinsurance, and investment. Capital is rapidly expanding other types of insurance."

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Xia Yu nodded with a smile, Jason Gregg's thoughts were similar to his.

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Life insurance must be intensively cultivated, and must be plowed to death, to compete for this market as much as possible.

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Life insurance is the largest market in the insurance industry, including term life, whole life, survival insurance, endowment insurance and so on.

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The second largest insurance market is property insurance.

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P&C insurance alone cannot become the world’s top insurance company, because the capacity of the property insurance market determines the upper limit. Another issue is the effective period of property insurance, which causes the market share to fluctuate easily.

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Unlike life insurance, the market has big profits and high profits. The most important thing is that life insurance has a long period of time to allow funds to be deposited. Also, if you buy a life insurance policy, you will generally not change it. You can collect money for decades and tie up customers. Dead.

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If you think that insurance companies make big money by collecting premiums, then you are wrong!

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Don’t forget, an insurance company is a financial company!

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The most important financial source of an insurance company is actually investment income. The funds that insurance giants trade can easily reach hundreds of billions, and even hundreds of billions.

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Such a huge amount of funds poured into the capital market, it can really block the gods and Buddhas.

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With the capital advantage, if coupled with the top investment operation team, it will really be a heifer standing upside down!

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Xia Yu is not lacking in ability. What is lacking is funds. The funds deposited by insurance companies will never be worse than banks, and they are more advantageous than banks. Without so many rules and regulations of banks, capital operations are more free.

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Jiuding Bank absorbs reserves, Jiuding Insurance deposits huge amounts of funds, Jiuding Securities publicly raises funds from three places, and Xia Yu’s Jiuding Financial Group can grow rapidly.

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His financial core is able to continuously supply blood to the growing business empire, and his comprehensive anti-risk capabilities will increase sharply.

"Jason, get familiar with the company's business as soon as possible, and then make a detailed plan for me to see."

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"Also, in the area of ​​auto insurance, you can observe more. With the rapid development of the global economy, the auto market will maintain high growth for decades. It has great potential, accounting for more than 60% of property insurance. It is possible that the current Hong Kong insurance industry generally does not pay attention to auto insurance. This is our opportunity!"

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Xia Yu ordered, and finally instructed Jason Gregg Jason Gregg was taken aback, a thought flashed in his eyes, and then nodded seriously: "Okay, boss!"

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"Okay, go ahead!"

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Dismissed Jason Gregg, Xia Yu let out a sigh of relief, a smile on his face.

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Soon!

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As long as Jiuding Bank, Jiuding Insurance, and Jiuding Securities integrate and form Jiuding Financial Group, Xia Yu will become the number one financial tycoon among the Chinese.

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And jumped to the fourth place in Hong Kong!

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In the Xiangjiang Financial Market, there are only three big mountains left over Jiuding Financial Group

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The first big mountain HSBC Bank!

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Hang Seng Bank, the second big mountain!

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Standard Chartered Bank, the third big mountain!

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The second Hang Seng Bank is also a subsidiary of HSBC. From this we can also see the power of HSBC.

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Although Standard Chartered is third, it still lags far behind the super giant HSBC.

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As for the Bank of China, one of the two giants in the later generations, its strength is not strong at this time. After all, in this year, the mainland does not have much money, and even less for the use of Bank of China.

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In addition, Xiangjiang Bank of China will also provide funds for China Resources and other state-owned enterprises.

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The real rise of Xiangjiang Bank of China will still be after the reform and opening up of the mainland.

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"The next day, I will climb the mountain, step by step, until I step on the HSBC Bank!"

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"Although it is very difficult, this is fun, isn't it?"

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"Ha ha!"

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Thinking of the turbulent life in the future, Xia Yu suddenly laughed with a sense of fighting spirit.

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