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→Bohai Huamei II (Shanghai) Equity Investment Fund Partnership
渤海华美二期(上海)股权投资基金合伙企业(有限合伙)
渤海华美二期(上海)股权投资基金合伙企业(有限合伙)
Bohai Harvest II (BHR II) appears to be a single asset SPV. Incorporated in October 2014, BHR II has three shareholders: BHR, Haikou Blue Sea Rhythm Business Consulting, and Beijing Shixin Rongtai Investment Management. Haikou in corporate records, appears as a small consulting operation with minimal financial assets or contributions to the partnership. The owners are not linked directly to other corporate registrations. Their involvement likely, especially coming from the southern island of Hainan which could imply some link to HNA with whom the BIDEN’s have connections mentioned previously.
Bohai Harvest II (BHR II) appears to be a single asset SPV. Incorporated in October 2014, BHR II has three shareholders: BHR, Haikou Blue Sea Rhythm Business Consulting, and Beijing Shixin Rongtai Investment Management. Haikou in corporate records, appears as a small consulting operation with minimal financial assets or contributions to the partnership. The owners are not linked directly to other corporate registrations. Their involvement likely, especially coming from the southern island of [[Hainan]] which could imply some link to HNA with whom the BIDEN’s have connections mentioned previously.
Given the lack of records on these individuals or firm, their involvement is puzzling. The other shareholder is Shixin Asset Management a holding company of state cooperative managed by the Beijing city government “link(ing) the Party and the government closely to the peasant masses”.
Given the lack of records on these individuals or firm, their involvement is puzzling. The other shareholder is Shixin Asset Management a holding company of state cooperative managed by the [[Beijing]] city government “link(ing) the Party and the government closely to the peasant masses”.
The financial purpose of the partnership was to take part in the China RE IPO which occurred in October 2015. What makes this notable however is it appears linked to the Bank of China work on the IPO. In a filing with the Hong Kong exchange, the stock allocation was described as:
The financial purpose of the partnership was to take part in the China RE IPO which occurred in October 2015. What makes this notable however is it appears linked to the Bank of China work on the IPO. In a filing with the [[[Hong Kong]] exchange, the stock allocation was described as:
:''Certain offer shares are placed to the joint bookrunners and/or connected customers of the joint lead managers (definition (See the Guidelines for the Placement of Equity Securities as set out in Appendix 6 of the Listing Rules). Placing of 143,500,000 offer shares To Bohai
:''Certain offer shares are placed to the joint bookrunners and/or connected customers of the joint lead managers (definition (See the Guidelines for the Placement of Equity Securities as set out in Appendix 6 of the Listing Rules). Placing of 143,500,000 offer shares To Bohai
Huamei Phase II (Shanghai) Equity Investment Fund Partnership (Limited Partnership) (for BOCI Asia Connected placee of a limited company) Bank of China International, the Bank of China Hong Kong subsidiary handling IPO and other related investment banking work as well as traditional banking services such as foreign exchange settlement, is listed as a “Joint Bookrunner/Co-Lead Manager”. Out of this work, BHR II receives the a China RE stock allocation of 143 million shares. Given the size of the China RE sale, the team of bookrunners included BoC, CICC, UBS, ICBC, CITIC CLSA, and HSBC or some of the most connected and financially influence Chinese and global banks operating in China. BoC designated its place as BHR II. As BHR is technically considered a subsidiary of BoC, this is a connected party transaction. Financial records indicate significant capital injection into BHR II via BHR that likely comes from client funds.
Huamei Phase II (Shanghai) Equity Investment Fund Partnership (Limited Partnership) (for BOCI Asia Connected placee of a limited company)''
The primarily problematic aspect is that BHR appears to be receiving preferential treatment in which the sons of the American Vice President and the son, and likely American Secretary of State, receive financial benefits. This is state allocation of financial benefits.
Bank of China International, the Bank of China Hong Kong subsidiary handling IPO and other related investment banking work as well as traditional banking services such as foreign exchange settlement, is listed as a “Joint Bookrunner/Co-Lead Manager”. Out of this work, BHR II receives a China RE stock allocation of 143 million shares. Given the size of the China RE sale, the team of bookrunners included BoC, CICC, UBS, ICBC, CITIC CLSA, and HSBC or some of the most connected and financially influence Chinese and global banks operating in China. BoC designated its place as BHR II. As BHR is technically considered a subsidiary of BoC, this is a connected party transaction. Financial records indicate significant capital injection into BHR II via BHR that likely comes from client funds.
The primarily problematic aspect is that BHR appears to be receiving preferential treatment in which the sons of the American [[Vice President]] and the son, and likely American [[Secretary of State]], receive financial benefits. This is state allocation of financial benefits.
===Bohai Huamei (Shanghai) Equity Investment===
===Bohai Huamei (Shanghai) Equity Investment===