(Beijing Comprehensive News) Two days after the Chinese public security organs notified members of Evergrande Wealth, China Evergrande Group's stock price plummeted 25%in early trading on Monday (September 18).
Comprehensive Reuters and Bloomberg reported that Evergrande's stock price fell 25%on Monday morning to HK $ 0.465 (about S $ 0.081), the lowest in two weeks.
Shenzhen Nanshan Public Security announced on Saturday (September 16) through the official WeChat public account. The public security organs took criminal compulsory measures on the criminals such as Du Mou and other suspected criminals of Evergrande Financial Wealth Management (Shenzhen) Co., Ltd.Police notified the number, crime or detention date for detention.
The Shanghai Securities News quoted relevant sources that Du was Du Liang, the legal representative and general manager of Evergrande's wealth.Reuters reported that Du Liang was unable to confirm whether Du Liang was listed.
According to the Shenzhen Business Daily, a subsidiary of Shenzhen Newspaper Group, it is quoted by people familiar with the matter that Evergrande Wealth Company was suspected of illegal fundraising during the business.Public information shows that Evergrande's wealth and its related parties illegally collect funds to form an internal fund pool, violating the contract for the wrongdoing of the contract and the time limit, causing the losses of investors.
The search results of the "Enterprise Inspection" of the enterprise inquiry system show that Evergrande Fortune was established in November 2015 and is a wholly -owned holding company under Evergrande Group.In August 2021, due to the difficulty of redemption, Evergrande announced that its Dingrong products have stopped selling foreign sales.
According to the daily economic news report, according to statistics from Evergrande Group, self -firing products have been launched to suspension. The total amount of fundraising involves about 92.1 billion yuan (RMB, the same below, about S $ 17.2 billion).As of December 31, 2021 and December 31, 2022, the principal and interest was about 41 billion yuan and about 34 billion yuan, respectively.
