New city system’s market value evaporates 31 billion
Original title: Opening hard to escape double bond debt!
Shanghai police has informed that the chairman of Xincheng Holdings is suspected of molesting a 9-year-old girl!
More than a hundred heavy warehouse funds have stepped on the mines and issued bonds amounting to 31 billion yuan Source: The brokerage China’s blue bottom announcement and listed company announcements are here!
Immediately, Xincheng also issued the “Announcement on the Change of the Company’s Chairman”. The announcement showed that the actual controller and chairman of the company, Mr. Wang Zhenhua, was criminally detained for personal reasons. The company elected director and president, Mr. Wang Xiaosong, as the company’s second board of directors.long.
This is true of previous news reports. According to media reports, Wang, chairman of the listed company Xincheng Holdings, was taken in Shanghai for compulsory measures on January 1 for allegedly molesting a 9-year-old girl.
This will put pressure on the stock and bond trends of the three listed companies in the New City Department.
According to relevant data, Xincheng Holdings has about 7.
700 million shares, accounting for 34% of the total share capital, of which, Fortune Development Group Co., Ltd. has pledged 7.
0.6 billion shares, which holds 13.
7.8 billion shares, with a pledge of 51.
25%; Changzhou Derun Consulting Management Co., Ltd. has pledged 65.2 million shares and held 1.
3.8 billion shares, pledged 47.
In addition, the pledgers involved CITIC Trust, Shanghai Haitong Securities Asset Management, Shanghai International Trust, Huatai Securities (Shanghai) Asset Management, Huabao Trust, Haitong Securities, Guangfa Securities Asset Management (Guangdong), etc.
The announcement of the chairman’s alleged indecent assault of a 9-year-old girl with a blue background officially announced Wang Moumou’s suspected crime.
At 15:00 on July 3, a news screen swept the circle of friends.
Xinmin Evening News reported that Wang, chairman of the listed company Xincheng Holdings, was taken in Shanghai on January 1 for allegedly molesting a 9-year-old girl.
In response to the chairman’s alleged indecent assault on a young girl, Xincheng Holdings said to the media that the current situation of the company is the same as that of the outside world, and executives of the company are also convening a meeting to study the relevant situation. The company’s internal operations are normal and details will be announced to the public.
It is reported that the crime occurred in the afternoon of June 29, at a five-star hotel in Wanhangdu Road.
After being molested, the girl called her mother in Jiangsu and cried. The mother came to Shanghai to call the police, and Wang was immediately taken a coercive measure.
At present, the girl has been inspected for injuries, with a laceration in her vagina, causing minor injuries.
Zhou, the woman who brought the girl to the hotel, has also arrived.
Zhou is 49 years old and is from Xuzhou, Jiangsu.
According to her confession, she brought two girls to the hotel on the day of the incident, one was 9 years old, and the other was 12 years old.
The mother of the two girls is a friend of Zhou.
Zhou lied about taking the two girls to Shanghai Disneyland to play and bringing them from Jiangsu to Shanghai.
On the same day, Wang committed a crime against a 9-year-old girl and later paid Zhou a cash of 10,000 yuan.
Subsequently, the Putuo police in Shanghai issued a police briefing. At about 22:00 on June 30, 2019, the Putuo police in Shanghai took Ms. Wang’s alarm and said that her daughter was brought by her friend Zhou Moumou (female, 49 years old, from Jiangsu) to her hometown in Jiangsu.He stayed in a hotel in Shanghai and his daughter was molested by a man in the room.
After receiving the report, the police attached great importance to it and quickly carried out related work.
On the afternoon of July 1, the suspect Wang Mou (male, 57 years old, from Jiangsu) went to the public security organ for investigation under police work.
On the evening of July 2, the suspect Zhou Moumou surrendered to the public security organs.
At present, the suspects Wang Moumou and Zhou Moumou have been detained by Putuo police for criminal indecency, and the case is under further investigation.
新城控股发布更换董事长的公告，公告中提到新城控股于 2019 年7月3日接到上海市公安局普陀分局通知，公司实际控制人、董事长王振华先生因个人原因被刑事拘留，公司于The 16th meeting of the Second Board of Directors was held on July 3, 2019.
The board of directors elected Mr. Wang Xiaosong, the director and president of the company, as the chairman of the second board of directors of the company. Mr. Wang Zhenhua will continue to serve as the director of the second board of directors of the company.
Newtown Holdings’ A-share stock price is worrying. The chairman of Newtown Holdings is Wang Zhenhua, 57 years old, and has announced total assets of more than 300 billion yuan.
He is A-share New City Holdings (601155.
SH), New City Development Holdings (1030.
HK), the actual controller and chairman of the two listed companies, and Xincheng Yue (1755.HK) is a non-executive director. As of the end of 2018, the shareholding ratio reached 73.
As the A-shares were closed when the news came out, they have not been affected by the news, and they are expected to close up by 3.
As of 4 pm, Xincheng Development Holdings closed down 24.
24%, with a market value of about 150 billion tons.
In addition, its property management company Xincheng Yue (01755).
HK) fell 23.
72%, the market value evaporates 16.
700 million feet.
New Town Development Holdings’ US dollar debt due in 2023 hit a record decline.
According to market analysts, referring to the decline of H shares, I am afraid that the selling pressure of A shares on the opening Thursday is not small.
The three listed companies, Wang Zhenhua, have a stock market value of over 80 billion yuan.
The current public opinion has been verbal about Wang Zhenhua’s case, and investors have boasted that they “stepped on the black swan.” Until now, Xincheng Holdings has three A-share shareholders.
Corporate bonds are not optimistic. In addition to stocks, New Town Holdings bonds are not optimistic.
With New City Development Holdings (01030.
HK) is expected to crash late at the end of the day, and the company’s related 2023 US dollar debt also hit its highest drop ever.
Relevant data show that Newtown Development Holdings currently has a bond stock scale of up to 11.
500 million, a total of only 5 stocks, the scale is less than 500 million.
In addition to Xincheng Development Holdings, related data show that Xincheng Holdings’ existing bond stock scale is as high as 309.
8.8 billion, with only 28 in stock.
Among the debt-grade bonds, the debt rating of the bonds issued by New City Holdings was changed to the highest grade-AAA grade.
Of the US $ 30.9 billion in existing bonds, four have more than 2 billion (including US $ 2 billion) of bonds, and the bond balance is 10 trillion?
There are 14 between 2 billion U.S. dollars and 10 with a bond balance of less than 1 billion U.S. dollars. According to the distribution of the size of the bonds to be repaid, there are 600 million tons within 1 year.
There are 202 between 3 years.
4.7 billion yuan, 3?
There are 80 between 5 years.
600 million yuan, 20 over 10 years.
8.1 billion yuan.
Xincheng Holding said that the company’s actual controller could not perform its duties normally or would harm the interests of the company and investors.
The company ‘s largest shareholder, Rich Domain Development, directly holds more than 60% of the company ‘s total share capital and is in absolute control. The actual controller of the company is Wang Zhenhua.
Wang Zhenhua himself, the army has been subject to investigation by the Discipline Inspection Commission. Wang Zhenhua has successively served as the director of the workshop of Wujin No. 1 Cotton Spinning Plant in Changzhou, Jiangsu Province, and the director of a weaving mill in Hutang District. He established a new city in 1993.
In 2009, Xincheng relocated its headquarters to Shanghai and gradually moved towards nationalization.
In 2015, Xincheng Holdings was listed on the A-share market, becoming the first private housing company to successfully achieve a B-to-A conversion.
Since 2015, Xincheng has ushered in an explosion of scale and has become one of the housing enterprises that has been rising at a speed of several times in the past. In the past two years, its compound growth rate has reached 99%.
Xincheng Holdings Group’s official website mentioned that the group is headquartered in Shanghai and has experienced rapid development for 26 years. It has become a comprehensive real estate group involved in residential real estate and commercial real estate. It has ranked among the top 20 in China’s real estate industry for ten consecutive years, and its total assets exceed RMB.290 billion yuan.
Xincheng Holdings’ business model is mainly divided into three major business divisions: residential development, commercial development, and commercial operation management. Its core product is Wuyue Plaza. At present, Xinyue Wuyue Plaza has achieved nearly 60 large cities and more than 70 commercialProject layout.
Obviously, in 2016, Wang Zhenhua once lost contact briefly.
Xincheng Holdings announced on the evening of January 22, 2016 that the company’s actual controller, chairman Wang Zhenhua, is being investigated by the Changzhou Wujin District Discipline Inspection Commission for personal reasons, and he can participate in the company’s decision on major issues in an appropriate manner.
Company characteristics, the above matters have nothing to do with the company’s operations.
But just half a month later, Wang Zhenhua returned to the company to work normally.
Since then, he continued to fully operate the New City for three years, and Wang Zhenhua resigned as the company’s president in August last year.
His son Wang Xiaosong became the company’s president. According to information, Wang Xiaosong was born in December 1987, graduated from Nanjing University with a major in environmental science, and entered the new city after graduating in 2009. He has been an assistant manager of the engineering department of Shanghai since April 2010.
Obviously, Wang Zhenhua often talked about social responsibility when he was in office, proclaiming himself a charity.
At the public event of Xincheng Holdings in September 2018, Wang Moumou stated, “Corporate management and corporate social responsibility are unified and inseparable.
For example, once a company is well established, it can increase employment and pay more taxes.
I have been saying that there are three main contributions to society. More support means more employment, more taxes, and more charity.
When asked “how to fulfill social responsibility”, Wang Zhenhua said that in the field of public welfare, the company created a large-scale public welfare brand “Seven-colored Light Plan”, and continued to make efforts in the public welfare fields such as environmental protection and cultural engineering.
By the end of 2018, the company had expanded more than 300 million US dollars in social welfare.
According to the official information of Xincheng Holding Group, the “Seven-colored Light” plan mentioned by Wang Zhenhua is divided into 7 sections including child health, environmental protection, humanitarian assistance, cultural engineering, and sports.
Public information shows that Wang Zhenhua has won the National May 1st Labor Medal, National Labor Model, Outstanding Private Entrepreneur in Jiangsu Province, Jiangsu Socialist Construction Contribution Award, Shanghai United Front (Working) Advanced Individual, Changzhou Star EnterpriseHome, China Charity Outstanding Contributors and many other awards.
Will Wang Zhenhua face a potential fine?
Article 236 of the Criminal 北京夜网 Law indicates that[rape]who rapes a woman by violence, assault or other means shall be sentenced to three to ten years in prison.
The rape of young girls under the age of fourteen is based on rape, and it is a fallacy.
Rape of women, rape of young children with severe consequences can be punished by more than ten years in prison, life imprisonment or death.
According to Article 237 of the Criminal Law,[compulsory violation of the law, crime of infringement]where violence, infringement or other methods are used to force violation of others or discriminate against women with human rights, the following five fixed-term imprisonment or detention shall be imposed;Those who commit the crime of the preceding paragraph in public or have other serious circumstances shall be sentenced to imprisonment of more than five years; those 天津夜网 who molest children shall be re-offended in accordance with the provisions of the preceding two paragraphs.
Hundreds of heavy warehouse funds have been involved in mines along with listed companies.
As Xinchengyue has just been listed in November 2018, it has been reporting data for consecutive quarters. At present, there is no public information showing that funds have a heavy position. There are three funds in Xincheng Development Holdings, and Xincheng Holdings is a domestic heavyweight stock of more than 100 publicly-raised funds.
According to relevant data statistics, as of the end of the first quarter, a total of three funds held a large number of Hong Kong stocks New City Development Holdings, including Harvest Financial Select A, ICBC Credit Suisse Shanghai and Shenzhen A, and ICBC Credit Suisse Shanghai and Shenzhen Select A, each accounting for 5 of the fund’s net worth.
The three funds mentioned above all lightened up on New City Development Holdings in the first quarter.
According to relevant data statistics, as of the end of the first quarter, a total of 132 funds held heavy positions in New City Holdings, of which 44 funds held New City Holdings accounted for more than 5% of the fund’s net worth. China Merchants Shanghai and Shenzhen 300 Real Estate, Golden Eagle Small and Medium Cap Selection, Wells Fargo Financial Real EstateWaiting for the positions of the six funds to exceed 8%, or they will be affected in this event.
From the perspective of the number of shares held, as of the first quarter of this year, 7 public offerings such as TSE Asset Management and Bank of Communications Schroder held more than 5 million shares in Xincheng Holdings. Among them, TSE Asset Management, Bank of Communications Schroder, Huaxia even boughtEntered into the top ten of New City Holdings, Oriental Red ‘s domestic demand growth capital management plan, Bank of Communications Schroder selected and mixed, Huaxia returns, and Oriental Red No. 8 two-way strategic asset management plan respectively ranked New City Holdings seventh, eight, and nine.Top ten shareholders.
Regarding whether the company will carry out the position adjustment, the fund company that was interviewed merged and responded that “there is an urgent discussion on the corresponding plan, and it will also depend on whether the listed company of Xincheng Holdings is suspended from trading in the future, and it is not convenient to deal with it too much.
“A related person of a fund company holding shares in Xincheng Holding said,” This is the minimum quantitative issue, and this behavior cannot be tolerated morally or legally!
“A fund company insider disclosed,” specific to a certain type of “black swan” incident, it needs to return to the core issue of the company level.
For example, like the previous Visual China, we are reportedly not involved in the company’s core business internally, so the visual China also rebounded.
Whether the fund company makes an assessment is essentially no problem for the company.
But things like vaccine incidents are directly related to the microcosm of the company.
According to the conventional process, the event of Xincheng Holding will likely announce the size of the listed company tomorrow. After the listed company announces, the fund company will look at the market price tomorrow.
If the company itself has no problem, the price will drop sharply tomorrow, which actually means that the market has absorbed the substitution.
“Xincheng Holdings appeared on the block platform, and Guotai Junan’s first business department received a premium. On July 3, Xincheng Holdings had a block transaction with a total volume of 320,000 shares and a total transaction value of 1401.
60,000 yuan, the transaction price is 43.
8 yuan / share, a premium of 2 from the closing price of the day.
The buyer is Guotai Junan Securities Ningbo Rainbow North Road Securities Sales Department, and the seller is Haitong Securities Ningbo Jiefang North Road Securities Sales Department.
In the last 3 trading days, 5 major transactions have occurred in Xincheng Holdings.