(Beijing Bloomberg) Evergrande Real Estate Group, a subsidiary of China Evergrande Group, a Fortune 500 Enterprise Group, has changed the coach. The founder Xu Jiayin will no longer be the chairman of the company.It reflects the concerns of investors' concerns about this Chinese real estate giant, which is trapped in debt.
The public information publicity system of the Chinese national enterprise shows that Xu Jiayin stepped down as chairman of Evergrande Real Estate yesterday. Zhao Changlong took over as chairman, general manager, and legal representative position.Essence
Evergrande replied to Bloomberg in the inquiry that this change was the normal change after Evergrande Real Estate's deepening of the A -share termination of the deep house, which did not involve changes in the specific management structure and equity.The chairman, general manager and legal person of the former Evergrande Real Estate have always been Zhao Changlong.
However, Ma Dong, a partner of private equity funds, said: "Evergrande Real Estate Chairman is not a positive signal in the market." No matter what the specific reason is, it is now that it is necessary to stabilize market confidence in market confidence.when.The founder's departure has increased the concerns of investors to a certain extent. Enterprises should fully explain and communicate with investors to avoid the pressure of bond selling.
China Evergrande Hong Kong stocks fell 4.3%, and closed down for four consecutive days. Evergrande Property and Evergrande Automobile also fell more than 8%and 5%respectively.Bonds in real estate fell to a new low.
