|
Yien Yieh Commercial Bank
Yien Yieh Commercial Bank () was a bank in Hong Kong. It was established in Beijing in 1915 by Mr. Zhang Zhenfang (), the cousin of Yuan Shikai, to support the specialized salt industry by providing official funds under government supervision. Yien Yieh Commercial Bank, Continental Bank, Kincheng Banking Corporation and China & South Sea Bank were called "four northern banks" in 1920s in China. In 1952, it was grouped into the "Joint Office of Joint Public-Private Banks" with eight other Chinese banks. In 2001, it was merged to form Bank of China (Hong Kong). See others *Salt in Chinese history *Four Northern Banks Four Northern Banks () referred to the four most capitalized commercial banks in the north of the Yangtze River in the Republic of China in the 1920s, in contrast to the Three Southern Banks (南三行) of Southern China. The four banks were the ... References {{Use dmy dates, date=October 2019 Companies based in Beijing Defunct banks of China Defunct ban ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Yuan Shikai
Yuan Shikai (; 16 September 1859 – 6 June 1916) was a Chinese military and government official who rose to power during the late Qing dynasty and eventually ended the Qing dynasty rule of China in 1912, later becoming the Emperor of China. He first tried to save the dynasty with a number of modernization projects including bureaucratic, fiscal, judicial, educational, and other reforms, despite playing a key part in the failure of the Hundred Days' Reform. He established the first modern army and a more efficient provincial government in North China during the last years of the Qing dynasty before forcing the abdication of the Xuantong Emperor, the last monarch of the Qing dynasty in 1912. Through negotiation, he became the first President of the Republic of China in 1912. This army and bureaucratic control were the foundation of his autocratic rule. In 1915 he attempted to restore the hereditary monarchy in China, with himself as the Hongxian Emperor (). His death in 1916 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Salt
Salt is a mineral composed primarily of sodium chloride (NaCl), a chemical compound belonging to the larger class of salts; salt in the form of a natural crystalline mineral is known as rock salt or halite. Salt is present in vast quantities in seawater. The open ocean has about of solids per liter of sea water, a salinity of 3.5%. Salt is essential for life in general, and saltiness is one of the basic human tastes. Salt is one of the oldest and most ubiquitous food seasonings, and is known to uniformly improve the taste perception of food, including otherwise unpalatable food. Salting, brining, and pickling are also ancient and important methods of food preservation. Some of the earliest evidence of salt processing dates to around 6,000 BC, when people living in the area of present-day Romania boiled spring water to extract salts; a salt-works in China dates to approximately the same period. Salt was also prized by the ancient Hebrews, Greeks, Romans, Byzantines, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Funds
Funding is the act of providing resources to finance a need, program, or project. While this is usually in the form of money, it can also take the form of effort or time from an organization or company. Generally, this word is used when a firm uses its internal reserves to satisfy its necessity for cash, while the term financing is used when the firm acquires capital from external sources. Sources of funding include credit, venture capital, donations, grants, savings, subsidies, and taxes. Fundings such as donations, subsidies, and grants that have no direct requirement for return of investment are described as "soft funding" or "crowdfunding". Funding that facilitates the exchange of equity ownership in a company for capital investment via an online funding portal per the Jumpstart Our Business Startups Act (alternately, the "JOBS Act of 2012") (U.S.) is known as equity crowdfunding. Funds can be allocated for either short-term or long-term purposes. Economics In economics fun ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Continental Bank
Continental Bank () was a bank in China. It specialized in savings, warehouses, trusts and real estate business. It was founded in Tianjin in 1919 by Feng Guozhang, the acting president of Republic of China and Tan Lisun, the former Nanjing director of Bank of China. Half a month later, a Beijing branch was also established. In 1942, its headquarters was moved to Shanghai. In 1952, it was closed down. Tha bank, together with Yien Yieh Commercial Bank, Kincheng Banking Corporation and China & South Sea Bank, are called "Four Northern Banks", which were the four most capitalized commercial banks in Northern China in the 1920s. See also * Four Northern Banks Four Northern Banks () referred to the four most capitalized commercial banks in the north of the Yangtze River in the Republic of China in the 1920s, in contrast to the Three Southern Banks (南三行) of Southern China. The four banks were the ... References {{reflist Defunct banks of China Companies based in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kincheng Banking Corporation
Kincheng Banking Corporation or Kincheng Bank () was a bank in Hong Kong. It was established in Tianjin in 1917 by Mr. Zhou Zuomin (, a native of Huai'an in Jiangsu), Mr. Ni Sichong (, Anhui General Commander) and Mr. Wang Zhilong (, Ni's treasurer). Kincheng Banking Corporation, Yien Yieh Commercial Bank, Continental Bank and China & South Sea Bank were called "four northern banks" in 1920s in China. In 1952, it was grouped into the " Joint Office of Joint Public-Private Banks" with other 8 Chinese banks. In 2001, it was merged to form Bank of China (Hong Kong). See others *Four Northern Banks Four Northern Banks () referred to the four most capitalized commercial banks in the north of the Yangtze River in the Republic of China in the 1920s, in contrast to the Three Southern Banks (南三行) of Southern China. The four banks were the ... References {{Bank of China Defunct banks of China Defunct banks of Hong Kong Bank of China Companies based in Tianjin Bank ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
China & South Sea Bank
The China & South Sea Bank Limited (中南銀行) was established in 1921 in Shanghai as a commercial bank. It was founded by Huang Yizhu (黃奕住) ( Oei Ik Tjoe) and Xu Jingren (徐靜仁) who were overseas Chinese from Indonesia. The bank became one of the few Chinese owned banks to gain public confidence and its banknotes were widely circulated in Shanghai and Hong Kong. The bank continued its mainland operations until September 1951, when its assets were nationalised by the government of the People's Republic of China. The bank established a branch in Hong Kong in 1934. This branch continued to operate until 2001, when it was absorbed by the Bank of China (Hong Kong). See also * Four Northern Banks * Bank of China * People's Bank of China The People's Bank of China (officially PBC or informally PBOC; ) is the central bank of the People's Republic of China, responsible for carrying out monetary policy and regulation of financial institutions in mainland China, a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
North China
North China, or Huabei () is a List of regions of China, geographical region of China, consisting of the provinces of Beijing, Tianjin, Hebei, Shanxi and Inner Mongolia. Part of the larger region of Northern China (''Beifang''), it lies north of the Qinling–Huaihe Line, with its heartland in the North China Plain. In modern times, the area has shifted in terms of socio-political and economic composition. Nowadays unique, embracing a North Chinese culture, it is influenced by Marxism, Soviet Union, Soviet systems of industry while preserving a traditional Chinese indigenous culture. Agriculturally, the region cultivates wheat. Most inhabitants here speak variants of Northern Chinese languages such as Mandarin Chinese, Mandarin, which includes Beijing dialect and its cousin variants. The Beijing dialect is largely the basis of Standard Chinese (or Standard Mandarin), the official language of the People's Republic of China (PRC). Jin Chinese and Mongolian language, Mongolian ar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Merged
Mergers and acquisitions (M&A) are business transactions in which the ownership of companies, other business organizations, or their operating units are transferred to or consolidated with another company or business organization. As an aspect of strategic management, M&A can allow enterprises to grow or downsize, and change the nature of their business or competitive position. Technically, a is a legal consolidation of two business entities into one, whereas an occurs when one entity takes ownership of another entity's share capital, equity interests or assets. A deal may be euphemistically called a ''merger of equals'' if both CEOs agree that joining together is in the best interest of both of their companies. From a legal and financial point of view, both mergers and acquisitions generally result in the consolidation of assets and liabilities under one entity, and the distinction between the two is not always clear. In most countries, mergers and acquisitions must com ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of China (Hong Kong)
Bank of China (Hong Kong) Limited () also known as its short name Bank of China (Hong Kong) or BOCHK (), is a subsidiary of the Bank of China (via a Hong Kong-listed intermediate holding company BOC Hong Kong (Holdings)). Bank of China (Hong Kong) is the second-largest commercial banking group in Hong Kong in terms of assets and customer deposits (2008 data), with more than 190 branches across Hong Kong as of the end of 2019. It is also one of the three commercial banks licensed by the Hong Kong Monetary Authority to issue banknotes for the Hong Kong dollar. BOCHK is legally separated from its parent, Bank of China (BOC), although they maintain close relations in management and administration and co-operate in several areas including reselling BOC's insurance and securities services. BOCHK is also the biggest member and a founder of the JETCO ATM and payment system, and the designated clearing bank in Hong Kong for transactions involving the Renminbi (RMB / CNH). BOCHK was ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Salt In Chinese History
Salt, salt production, and salt taxes played key roles in Chinese history, economic development, and relations between state and society. The lure of salt profits led to technological innovation and new ways to organize capital. Debate over government salt policies brought forth conflicting attitudes toward the nature of government, private wealth, the relation between the rich and the poor, while the administration of these salt policies was a practical test of a government's competence. Because salt is a necessity of life, the salt tax (sometimes called the salt gabelle, after the French term for a salt tax) had a broad base and could be set at a low rate and still be one of the most important sources of government revenue. In early times, governments gathered salt revenues by managing production and sales directly. After innovations in the mid-8th century, imperial bureaucracies reaped these revenues safely and indirectly by selling salt rights to merchants who then sold t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Four Northern Banks
Four Northern Banks () referred to the four most capitalized commercial banks in the north of the Yangtze River in the Republic of China in the 1920s, in contrast to the Three Southern Banks (南三行) of Southern China. The four banks were the Yien Yieh Commercial Bank (鹽業銀行), the Kincheng Banking Corporation (金城銀行), the Continental Bank (大陸銀行) and the China & South Sea Bank (中南銀行). See also *Yien Yieh Commercial Bank * Kincheng Banking Corporation * Continental Bank * China & South Sea Bank *Three Southern Banks Three Southern Banks () referred to the three most capitalized commercial banks in the south of Yangtze River in the Republic of China in the 1920s, in contrast to the Four Northern Banks (北四行) of Northern China. With their headquarters i ... References {{reflist Defunct banks of China Banking in China 1920s in China ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In Beijing
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
.jpg "Click for more on -> Salt In Chinese History")
