Netizens appreciate Hengtai Group's massive sale of assets in order to reduce liabilities. In their eyes, this is what a responsible company should do.
Investors in the financial market did not buy it. All the residential properties were sold, and they still had to bear a huge responsibility.
Once you file for bankruptcy, it is a problem between the owner and the bank, not the real estate developer.
Now we are responsible for the owners,
Who will be responsible for investors?
The market value of Hengtai Group once surpassed Vanke and reached more than 300 billion Hong Kong dollars. It firmly ranks as the number one real estate developer and is closely related to the group's ecological strategy.
The financial market is all about fake news, product empowerment, and industry linkage... Translating some easy-to-understand words into words that others can't understand can better deceive laymen into investing.
It is also a slang familiar to major Internet companies.
However, real estate is too simple and unpretentious. If you take out a land loan, sell a building and build a building, you can see the prospect of failure at a glance.
If you want to obtain funds from the financial market, you must want to start some new projects so that you can better defraud money.
Learning the Internet's multi-industry joint strategy has become something that every large group enterprise must consider.
Some time ago, due to the thunderstorm of real estate funds, Shengshi Poly Greenland and other first-tier real estate developers chose to cut off their hands, causing stock prices to fall by 30-50%.
Only Hengtai is still holding on, and investors think that Xu Jiayin is holding back some big move, so he is confident and not afraid of the crisis when the economic environment is not good.
Now it seems that he is really holding back his ultimate move.
First, it sold Hengchi Automobile, and then sold off cultural, sports, finance and other businesses on a large scale.
For a large group with nearly RMB 2 trillion in debt, if it wants to repay its high debt, it will not be possible to rely on expenditure reduction.
There are no high-quality assets left, and banks will not lend. Hengtai is undoubtedly seeking death by doing this.
Financial markets reacted most quickly.
Domestic real estate developers like to go to Hong Kong to make money, and Hengtai Group is no exception.
After the meeting held by Zhao Long, the share price of Hengtai Group, with a market value of HK$300 billion, plummeted by -70%, leaving only HK$90 billion.
Major financial institutions at home and abroad have lowered their assessments. Some extreme institutions, such as Goldman Sachs Investment, are not too big a deal to watch the excitement and have given assessments of delisting risks.
The main reason why institutions can succeed in the market is because of their professional financial analysis team.
There are 50 million shareholders in China, and it is impossible for everyone to undergo systematic financial training.
The evaluation reports issued by major institutions, as well as the institution's attitude towards a certain stock, greatly affect the investment decisions of retail investors.
Big A finally stabilized for a few days, and the Hong Kong stock market started to act like a monster again.
Countless retail investors cried for their father and mother again.
Big A tortured me thousands of times,
I treat Big A like my first love.
Leeks are bitter when the economy is prosperous, and leeks are bitter when the economy is failing.
Various jokes are posted frequently on the Internet.
Hengtai is in a state of shock. Could Country Garden, which was also tough-talking a few days ago, be the one behind it?
Country Garden will inevitably be implicated.
Xiangjiang is a financial tool, and most companies have their bases in the Mainland.
The Hong Kong stock Hang Seng Index plunged -10% at the opening, and Big A was not immune to being implicated. It began to dive towards 2,500 points, and the 1,000-share limit fell again.
Within ten days,
Three thousand shares fell below the limit,
There is no sign of a rebound.
The domestic economic environment is indeed not good.
Retail investors no longer have hope, and most of them, except for the losers who have nothing to lose, choose to cut their losses.
Unlike Western finance, domestic retail investors are the backbone that dominates market trends, and institutional hot money can only make profits by playing on the mentality of most retail investors.
When retail investors are united in their opinions, no one can do anything. Without the huge support of retail investors in the market, the index will inevitably fall again.
A vicious cycle that repeats itself.
When ten o'clock in the morning comes,
The Shanghai Composite Index fell -8% to 2,585 points.
The single-day drop was the largest in history.
It also fell by more than a thousand points that month.
The highest point of the index this month was 3568. Within a month, the index fell by more than 1,000, and the entire market fell by more than -30%. The financial market of 40 trillion yuan has evaporated 11 trillion yuan of wealth.
Worthy of being a big A.
The domestic financial market has been hit hard again, and the international foreign exchange market is also beginning to move.
However, having learned from the past several times, most speculators still maintain a wait-and-see attitude.
China is the devil,
Lu Beifeng is the Satan of the financial world.
The foreign exchange market has been deceived twice, and they must not fall in the same place a third time.
"Idiots, a bunch of pigs."
Soros saw it and was anxious in his heart.
He knew very well that Lu Beifeng was about to take action, and this was their last chance.
Today, China's market sentiment is at its lowest point. If a severe blow can be given, even the resurrection of Jesus will not be able to prevent the collapse of China's economy.
Since the news broke that Hengchi Automobile was acquired by NIO.
Soros has not been idle, but has been reviewing related events.
As the incident gradually became clearer, he gradually became clear about the context and became aware of Lu Beifeng's plan.
Lu Beifeng's courage was greater than he imagined. Even the word "bold" was not enough to describe it.
He is like a crazy gambler who does not hesitate to put a country's economy on the gambling table without considering the consequences of failure.
Soros also gradually understood why Lu Beifeng was so successful in the financial market.
Don't be afraid to wear shoes when you are barefoot.
Even though he became the richest man in the world, he still had the fearless confidence of an apprentice.
Some plans were not planned well by Soros, but because Lu Beifeng pushed things along and wanted him to do it.
Including provocations from the U.S. stock market, which affected the mood of the governor, forcing Quantum Fund to take action step by step.
Neither broken nor established,
Put yourself to death and live again.
By the time Soros understood everything, it was already too late.
International speculators have been tricked and killed by him twice, and they are too frightened to take action.
"No, I still have a chance."
A trace of madness flashed in Soros's eyes.
China became his obsession, and Lu Beifeng became his inner demon.
He was unwilling to leave the stage of his lifelong battle with regrets.
He is a born warrior, even if he dies, he will die on the battlefield.
Soros put on a pair of bright clothes and wore a dragon head that symbolized wealth and power.
He will personally go to the final battlefield.
The Quantum Building next to the New York Stock Exchange is brightly lit.
Six years after announcing his retirement, Soros summoned the company's fund managers in his own name for the first time and held an emergency internal meeting.
There is only one content this time, short selling soft sister coins.
"This is our last chance. Once Lu Beifeng succeeds, restoring Wall Street's past glory will be just an outdated joke..."
Soros's face was glowing red during his speech, and it was impossible to tell that he was an old man who was nearly ninety years old and on the verge of death.
He thinks he has a winning chance,
I just forgot that people’s hearts are unpredictable.
Compared with the passion of his speech, people in the audience had different expressions. They were all old foxes in the financial industry.
Who cares about dignity?
Who cares about glory?
They only care about their own interests.
No one in the financial industry knows that,
Charging into action is an absolute no-no for big bears.
really,
Being the first to eat crabs can make a lot of money, but at the same time, you also have to bear huge risks.
They are no longer what they used to be, and now they don't need to take huge risks to gain profits.
Now they have billions or tens of billions of dollars in their hands, unlike in the past when they only had hundreds of thousands or millions. They must act safely and ensure nothing goes wrong.
It is true that Soros is the big boss of the group, but fund managers need to be more responsible for their own investors. Most of them are independent funds affiliated to the group's name.
They all started to draw big cakes, indicating a lack of confidence.
Without confidence, Soros is not the invincible god of speculation in their minds.
Some people can't help but curse in their hearts, they are almost dead, why not just be a mascot? Do they have to go through such trouble?
Will you really not give up until your reputation is ruined?
Soros looked at the people in the audience and couldn't help but smile sarcastically: "Guys, I don't intend to use the funds in your hands. I just hope that you can clearly judge the situation and don't make any inappropriate decisions before the situation is unclear.
Reasonable behavior.”
He really understands the thoughts of these subordinates. Once his plan fails, they will turn into wolves and devour their own kind to strengthen themselves.
Soros does not expect them to do their best to help. He only needs them to make correct and accurate judgments before the situation becomes unclear.
Everyone breathed a sigh of relief and expressed their opinions with smiles on their faces: "Don't worry, Boss, we will always be your solid backing."
Soros also had a fake smile on his face.
ten ten in the morning,
The trend of the offshore soft currency US dollar market suddenly changed. The exchange rate, which was originally stable at 6.6100, suddenly jumped short.
A huge amount of funds entered the market to short soft sister coins.
It fell by 1,000 basis points almost instantly.
"Stabilize, we must stabilize the exchange rate."
Liu Jian looked solemn and almost gave a death order.
The huge team was mobilized and instantly spent more than 30 billion US dollars to compete with the big short sellers.
－－－－－－Digression－－－－－
I'm stuck again, let's do a chapter today.
I feel a bit shameless, and I don’t know if I can finish the third update before the end.