On September 30, on the evening of September 29, Xu Jiayin made another major move: a supplementary agreement was signed with the 86.3 billion war investment out of the 130 billion war investment. The war investment agreed to switch to long-term holding of common shares, and the share ratio remained unchanged.EvergrandeAn announcement was issued stating that of the remaining 43.7 billion yuan investment, Evergrande has completed discussions with the 15.5 billion war investment, and is currently going through formalities, and discussions on the 28.2 billion war investment are ongoing.
The Evergrande alert was lifted, and the company's shares and bonds rebounded violently again. In the afternoon, Evergrande increased more and more. By the close, China Evergrande soared 19.39%, its stock price rose more than 51% on the 3rd, and its market capitalization soared to HK$87.7 billion.
As of September 18, Evergrande has short positions of 197 million shares. Evergrande's shorts may be strangled vigorously today. On September 25, Evergrande's short selling rate soared to more than 40%. After Evergrande's three enemies, the short selling rate fell rapidly to less than 20%. It soared to 31% again on the 29th, and soared 20% today. The bears are likely to be killed again!
Xu Jiayin, Chairman of the Board of Directors of Evergrande Group, andSuningZhang Jindong, Chairman of Holdings; Wang Wenyin, Chairman of the Board of Directors of Zhengwei International; Ye Yuanxi, Chairman of Hirota Holdings;Anxin TrustChairman Shao Mingan, Chairman of Jiayu Group, and Tian Jiayu, Chairman of Jiayu Group, and all senior executives of 130 billion strategic investors attended the signing ceremony.
Xu Jiayin's 130 billion circle of friends attended 86.3 billion people. The buyer has friends, suppliers, and financial investors.
Specifically, in his circle of friends, Suning Holdings and Zhang Dongdong invested 20 billion dollars in Evergrande Real Estate, while Radio and Television Holdings invested 5 billion dollars.
In terms of financial investment, Dingxiang Capital invested 5 billion yuan, Shenzhen Qixiang invested 5 billion yuan, Dili Holdings invested 3 billion dollars, China and Italy invested 1 billion yuan, and Buyang Investment Partnership invested 3.5 billion dollars through Komqingcheng US Investment.
A gathering of suppliers, Suning Holdings, Jiayu Group, Zhengwei International,Friendship,Boss appliancesWaiting for suppliers to gather. Jiayu Group invested 7 billion dollars, Zhengwei International invested 5 billion yuan, and Jiamei invested 1.5 billion yuan.Three trees200 million, Boss Electric 100 million, AIA 300 million,World Bank100 million, etc.
On September 24, a web-uploaded document quickly circulated online. On September 25, Evergrande was brutally killed by both stocks and bonds. Afterwards, Evergrande began a fierce defense battle, which was really on par with the annual blackout drama of that year.
Just now, Xu Jiayin made another major move: a supplementary agreement was signed with the 86.3 billion war investment out of the 130 billion war investment. The war investment agreed to switch to long-term holding of common shares, and the share ratio remained the same.
Come on, let's review Xu Jiayin's strategy of working the same way as last time in the face of a huge crisis. In 2012, Citron was sold to Evergrande, and Xu Jiayin quickly attacked, clarified rumors, huge repurchases, and investment bank optimism, joined his circle of friends to buy bonds, and staged the annual “Catch the Sky in an Urn” drama.
In October 2016, Citron founder Andrew Left was ruled by the Hong Kong Market Misconduct Tribunal to be banned from entering the Hong Kong market for five years and demanded the return of profits from shorting. This is the first time that the Hong Kong Securities Regulatory Commission has opened fire on a shorting agency. Citrons have fallen victim to killing goose and watching monkeys.
On September 24, 2020, a document was circulated online. Since then, Evergrande has staged a double stock and debt crash. Once again, Xu Jiayin heard about the crisis and quickly attacked to clarify the announcement, which led to three enemies. The investment bank and circle of friends were collectively strong.
On the evening of September 27th,Deutsche Bank,J.P. MorganInternational investment banks such as Lyon, DBS, Lianchang, and Huatai rarely speak out simultaneously in support of Evergrande, believing that the market has reacted too much to the rumor. It is expected that Evergrande's debt reduction will exceed expectations. The target price is as high as HK$23, with a potential increase of 67%.
On Monday morning,Zhongyu GroupinHong Kong Stock ExchangeAccording to the announcement issued, on September 25, 2020 (after 4:00 p.m.), 6.25% of China Evergrande Notes due in 2021 and 8.9% of China Evergrande Notes due in 2021 and 8.9% of China Evergrande Notes due in 2021 with a total principal amount of 5 million US dollars (about 39 million Hong Kong dollars) and 4.35 million US dollars (about HK$33.93 million) were purchased on the open market, respectively.
Zhongyu Group is a money lending company with an annual revenue of 14.13 million US dollars. In the shareholder list, the core members of the Hong Kong Congress D Conference appeared, including Lau Luan-hung, Cheng Yu-tung, and Cheung Chung-kiu.
According to the previous announcement, Lau Luan-hung once held 11.34% of Zhongyu Group's shares, Cheng Yu-tung held 7.32% of the shares, and Zhang Songqiao held 7.83% of the shares. However, according to the latest information disclosed by Yi, Chairman and Executive Director of Zhongyu Group, Zhao Du holds 71.21% of the shares and Zhang Songqiao holds 5.04% of the shares.
On the evening of September 28,Oceanwide Internationalpurchaser andOceanwide HotelBuyers purchased Evergrande bonds on the open market at a total cost of approximately US$29.42 million (equivalent to approximately HK$229 million). It is worth noting that since this year, Oceanwide International has continued to buy Evergrande bonds.
Of course, thisOceanwideIt's not another “across the sea.” According to the company's latest shareholding, the actual controller of the company is Pan Zheng, who holds 50.44% of the company's shares. He is the actual controller of the company. Feng Zhaotao, chairman of the company's board of directors, is Pan Zheng's brother-in-law, Pan Hai and Pan Yang are Pan Zheng's sons, and Oceanwide Group is clearly a family business. Similarly, Oceanwide Hotel is also a “Huihan branch”. Pan Zheng is the chairman of the board of directors and holds 66.71% of the shares.