(Beijing / Shanghai Comprehensive News) Wang Zhenhua, the head of the new city, was suspected of molesting girls. The stock price of its listed companies has fallen one after another. The market value of Hong Kong stock listed companies has evaporated about HK $ 20 billion (S $ 3.48 billion).The market is concerned that financial institutions may draw loans, and the company's re -financing difficulties and costs in the future will rise.
According to Bloomberg and Securities Times reported, the new city holding of Shanghai City fell in a limit yesterday; the new city development holding of Hong Kong has fallen by more than 30%for two consecutive days, which has always been the largest.The two listed companies are affiliated with the same real controllers, and the chairman is Wang Zhenhua.
The new city's announcement announced the night before that the company's chairman and executive director Wang Zhenhua was being detained for personal reasons.
The Shanghai Putuo Police posted a Weibo the night before that the suspect Wang Moumou and Zhou Moumou had been criminally detained by the police for suspicion of obscenity, and the case was under further investigation.Among them, Wang Moumou's native and age information is consistent with Wang Zhenhua. The news of the chairman of the real estate company's suspected molestering girls quickly detonated Chinese public opinion.
New Town bonds are also sold
On the Forbes China 400 rich list last year, Wang Zhenhua ranked 108th with a net worth of 17.04 billion yuan (RMB, Same, S $ 3.364 billion).
According to the Xinmin Evening News, criminal behavior occurred on June 29. The nine -year -old girl who was obscene had injured. The vagina had a laceration of lacerations, which constituted minor injuries.The official Weibo of the People's Daily commented yesterday: Is it indecent or rape?Is there a pathogenic chain of young girls?Is the suspect who sexually assaulted the girl?hellip; hellip; never allow anyone to enjoy external privileges!
Affected by the news, the new city bonds were also sold by investors.
A total of 28 durable bonds of Xincheng Holdings and its subsidiaries, including 22 domestic bonds with a total of 33.76 billion yuan in 22 domestic bonds, and a total of $ 1.8 billion (S $ 2.442 billion) bonds in Xincheng also fell.
Pacific Securities analyst Li Yunzhang believes that the company's financing is reduced and the financing costs are soaring. It is a high probability event.The possibility of financial institutions even withdraw funds, and the impact of the incident will depend on the crisis handling of management.
Credit Research Bank Lucror Analytics, Asian Macgregor, the Asian director of Singapore, said that the potential departure of the chairman may have a significant impact on the company. If the chairman cannot continue to perform his duties, Xincheng Development Holdings will face the competitors to acquire.risks of.
According to the announcement of Xincheng Holdings the night before, Wang Zhenhua's son, Wang Xiaosong, born in 1987, will take over as chairman, and the company's current production and operation activities will be normal.New City Holdings sales of more than 220 billion yuan last year, ranking eighth in China's real estate industry.
Asset -liability ratio reaches 84.58%
However, assets with assets of more than 330 billion yuan, as of the end of last year, the total liabilities reached 279.4 billion yuan, of which 65 billion yuan in interest liabilities and 84.58%of the asset -liability ratio.
Xie Yicong, an analyst of Jiaotin International, said that if the capital is tight and the loan financing is difficult, the company may be forced to sell assets, and the progress of the existing project will also slow down.
Zhang Yu, the chief macro analyst of Huading Securities, said that in the future, it is necessary to closely track whether the credit of the domestic banks is stable.
