What game is Blackrock playing?

Well when they harboured a group that drove two planes directly into our two civilian buildings as well to the Pentagon, yeah, I would say they "hindered our interests". LOL I don't think your boss China would tolerate it either if one day the Taliban decided to bomb some government buildings in Beijing or some stock exchange buildings in Shanghai. In fact China would be even more ruthless in retaliation if this would happen judging from how China is retaliating against the West for the West just wanting to balance the trade a bit.
Again you have difficulties separating fact from fiction. Those who committed these attacks in the US were mostly Saudis, our ally, and later Bin Laden was hiding in Pakistan, another ally. With such allies, who needs enemies!
 
Again you have difficulties separating fact from fiction. Those who committed these attacks in the US were mostly Saudis, our ally, and later Bin Laden was hiding in Pakistan, another ally. With such allies, who needs enemies!

Oh The Taliban is all innocent, yes they didn't harbour Osama bin Laden, Yeah ok. United States just felt like wasting $6.45 trillion cuz it's got too much money. Look who's the one who is delusional.
 
Lets try and veer a little bit back on topic, not Taliban or Pakistan or bin Laden :)
This is about Western funds heading into Chinese interests.
 
What game is Blackrock playing?

-Still not fully weaned off China and trying to get some last bit of milk before getting whacked on the head by China for good and not knowing that this time China is making the west regurgitate the milk that it's fed to the west by making it easier for foreign investors to put their money into the Chinese financial market and at the same time cracking down on Chinese firms whose shares trade on the foreign market to make sure investors in the west gets screwed.

Apparently Goldman Sachs is joining in the fray too to open up investment business in China to teach China how to broaden up investment products in China. The Chinese government is trying to get the Chinese people to broaden their investment horizon to invest in other products other than stocks and real estate properties but doesn't have the innovation capability to do so so Goldman Sachs is there to teach China how to do it. That's all fine and dandy but don't come home crying "technology theft" when China steals all your investment ideas and strategies which China is guaranteed to do.

Right now the only thing that the West has the slightest edge over China is in the field of financial investment. China has really beaten the world in the value-added segment but it is still not that sophisticated in capital and financial investment, how to channel effectively and efficiently the funds from the ones who have them to the ones who need them. Once it learns that, then the West has really no edges left. Soros is not wrong in saying what Blackrock an Goldman Sachs is doing threatens national security. But anyway I guess some companies just want to earn money in spite of everything else, even long-term survival.
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Carl Ichan rebuked Blackrock's Mr Fink to his face over his non liquid bond ETFs.Mr Fink had no good answer, but i was satisfied with the BLACKROCK SEMI LIQUID dividend ETF, i traded . A far as an edge in fighting/really depends on the fighting force + leadership;
1776+ Operation Desert Storm victories beats a whipping USa lost in Vietnam[land war in Asia]...........................................................................................................:caution::caution:
 
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Carl Ichan rebuked Blackrock's Mr Fink to his face over his non liquid bond ETFs.Mr Fink had no good answer, but i was satisfied with the BLACKROCK SEMI LIQUID dividend ETF, i traded . A far as an edge in fighting/really depends on the fighting force + leadership;
1776+ Operation Desert Storm victories beats a whipping USa lost in Vietnam[land war in Asia]...........................................................................................................:caution::caution:

Well like I posted before, USA should never ever engage its enemy right on its own turf if it wants to win a war unless the enemy is from that of its own culture. The only way to win a war against an enemy from a different culture is to strike at a distance, bomb the hell out of it, flatten it, done.
 
Yeah, it's great that in China there's no debate or consideration when putting up a factory. Then pollute the area and make it completely inhabitable as is the Chinese tradition, the executives will go and live in Europe/US and leave the mess behind. "Locusts" is such an apt description.

So you are calling the average Chinese worker in China locusts?
 
Cryptocurrencies are a durable asset class with real upside: BlackRock fixed income CIO

Brian Sozzi Tue, September 14, 2021
https://finance.yahoo.com/news/cryp...de-black-rock-fixed-income-cio-160259991.html

Count Rick Rieder, BlackRock's chief investment officer of global fixed income, as a believer in cryptocurrencies.

"I think it could have some real upside. My sense is there are more buyers than sellers. It's an asset class that I think is durable," Rieder said on Yahoo Finance Live.

Rieder revealed he owns "small pieces" of crypto in several of his bigger portfolios, and compares the positions to owning stakes in venture capital firms.

"Quite frankly, I am glad I do [own crypto]. This has helped me learn about the evolution of what I think will be a blockchain technology that will continue to grow. So it's something I am glad I got involved with," Rieder added.

It's safe to say not everyone in the financial services field is upbeat on crypto.

Paulson & Co. founder John Paulson— who shot to fame during the financial crisis for raking in billions for his hedge fund by betting against subprime mortgages — recently told Bloomberg crypto will "eventually prove to be worthless."

“I wouldn’t recommend anyone invest in cryptocurrencies," said Paulson, who turned his hedge fund into a family office in 2020 amid a steady drumbeat of outflows, in the interview.

The supremely bearish take comes as several well-known cryptos (such as bitcoin) have rallied hard off the lows seen earlier in the year. Meanwhile, an up and coming crypto like cardano has seen a steady surge this year — through Monday, the asset is up more than 1,300%.

"What we think he [John Paulson] is missing is that bitcoin is much more than just a store of value or digital gold. Bitcoin in particular is a new global monetary system. It's a rules-based monetary policy, which is completely de-centralized and therefore is not subject to the whims of policymakers. In fact, it's a hedge against the whims of policymakers, especially in emerging markets," Ark Invest founder Cathie Wood told Yahoo Finance Live.
 
China
Blackstone to buy out office developer SOHO China in $3 bln deal
By Clare Jim
https://www.reuters.com/world/china...on-deal-soho-china-bloomberg-news-2021-06-16/
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People wearing face masks are seen at the Galaxy Soho office buildings in Beijing, following an outbreak of the novel coronavirus disease (COVID-19), China April 16, 2020. REUTERS/Tingshu Wang

June 15 (Reuters) - Blackstone Group Inc will take control of SOHO China Ltd in a HK$23.7 billion ($3.05 billion) deal and maintain its stock market listing, the Chinese office developer said in a filing on Wednesday, while the founders will retain a 9% stake.

The U.S. private equity firm will offer HK$5 per share, 31.6% higher than the last closing price of HK$3.8 on Friday, in what would be its largest real estate deal in China.

SOHO China's shares jumped as much as 25.8% to HK$4.78 early on Thursday, as they resumed trading after being suspended since Tuesday.

Blackstone, which currently owns around 6 million square metres (65 million square feet) of properties in China, is seeking to expand there as it is confident about the country's long-term economic prospects and the Beijing and Shanghai office market, the filing said.

SOHO China, a major developer well known for its futuristic office buildings on the mainland, has 1.3 million square meters of commercial properties in the country.

The company is 64% owned by the husband-and-wife founding team of Chairman Pan Shiyi and Chief Executive Zhang Xin. After the deal, they will become its second-largest shareholder with a 9% interest.

The offer is conditional on Chinese competition authorities granting clearance, the filing added.

Founded in 1995, SOHO China went public in Hong Kong in 2007. Its shares have gained 62% in the past month and it had a market value of $2.55 billion at the stock's last close, according to Refinitiv data.

The company has been scouting for buyers for its prime commercial property assets as the founders looked to shift their focus to overseas markets. Reuters reported last year Blackstone was in exclusive talks to take SOHO China private in a $4 billion deal, but later halted the talks.
 
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