| With the continuous development of global financial globalization and the increasing degree of opening to the outside world of China's financial industry,the export level of China's financial industry is also increasing,and the commercial banks of China have taken a greater step in the development of "going out".At the same time,with the "The Belt and Road" initiative,economic and trade cooperation between Chinese enterprises and the countries along is deepening,the demand for financial services is increasing.The commercial bank of China further carry out foreign direct investment at this time will be very beneficial to improve the level of development of globalization itself and support for the Chinese enterprises overseas development to promote and lay a solid foundation for "The Belt and Road" initiative.The first step for Chinese commercial banks to "going out" is to choose the mode of outward direct investment.Through the means of theoretical analysis and case analysis,this paper compares and studies the two different models of the new investment and merger investment used by China's commercial banks from five different angles.The comparison is made between the two models from five different layers,and the advantages and disadvantages of the two models are summarized,the conclusion is the advantages of the M&A mode are more than the advantages of the new model.Then this paper takes a new ICBC investment case and a case of a M&A as an example.Through the analysis of the financial index status of the two cases and the specific performance from five different angles,this paper further draws the conclusion that the advantages of M&A model are greater than the new investment model.In order to verify this conclusion,this paper expounds and analyses the overseas and group performance of the commercial bank,which has paid attention to the use of M&A model in recent years,and finds that the overseas and group performance of industrial and commercial banks under the mode of M&A have been significantly improved.Therefore,this paper draws a conclusion that the M&A investment model is a better model for the foreign direct investment of China's commercial banks,and draw some policy suggestions in foreign direct investment. |
