Reborn Capital Madman

When Bankers Trust, one of Carin's creditors, applied to the Xiangjiang High Court to liquidate Carin, and it was approved, it took off like a rocket, and the once-prominent Carin kingdom officially collapsed.

This also means that the business myth created by Chen Songqing, who is regarded as the second most popular person in the eyes of many people, has been shattered.

Gao Xian is unique and cannot be copied by others.

The scope and complexity of the Jianing commercial fraud case are beyond imagination.

Take the Golden Gate Tower transaction, which established a golden sign of financial strength for Jia Ning. It is a case within a case. The approximately one billion funds used by Jia Ning to purchase the Kinmen Building from Jardine mainly came from illegal loans from Yumin Finance. Naturally, it was not truthful

Disclose sources of funds; gold

The gate building was changed hands and sold to Lin Xiufeng and Lin Xiurong brothers' Bai Ningshun Group for about 1.6 billion. The transaction was never actually completed, but it was included in the paper profits. The trick here was that Lin Xiufeng and Lin Xiurong brothers escaped.

No legal liability.

Therefore, no matter how fast the liquidation of Jia Ning is, it cannot be completed in a few months. Even the instigator Chen Songqing may not be able to sort out the bad debts there.

As a result, many creditors, including more than 70 banks and financial companies, established a liquidation committee and implored Gao Yi to serve as liquidator.

The meaning here is not simple. Without authority and trust, one cannot be competent. However, time-honored brands such as Huifeng and Standard Chartered have been left out in the cold.

There was no need for Gao Xian to push out the business that came to his door, so he readily accepted it. However, he did not need to do everything personally, leaving it to Ye Licheng to show off.

"Boss, I heard that many people want to join forces to hold accountable the financial consultants, lawyers, and accountants who provided false documents for Jia Ning's commercial fraud." Ye Licheng asked for instructions: "What attitude should we take towards this?"

Gao Xian smiled and said, "Stay on the sidelines and see the results, but this requires legal procedures and police investigation. Our ability is to help with the liquidation work."

The Jianing business fraud case has really harmed a large number of people, especially the tens of thousands of Jianing stock holders who lost everything. There is nothing to say legally. If you want to recover some losses, you can only find another way.

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However, the Jia Ning business fraud case has caused and is still causing personnel turmoil in the financial circle of Hong Kong Central. Jobs have been lost. In terms of profits, the responsible persons have all fled to the United Kingdom. Will there be a situation in Hong Kong?

The prosecution, and how effective it will be, is still unknown.

Ye Licheng, who was well aware of the situation, went to start the specific work on the liquidation of Jianning. Gao Xian continued the research activities on the international financial situation that he had been conducting these days. By the way, his media attention had been taken away by the Jianning commercial fraud case.

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Because of this, during the open discussion session, someone asked Sir Gao what he thought of the Jia Ning business fraud case.

Gao Xian answered lightly: "The Jianing business fraud case has been exposed, and Xiangjiang's financial system still needs to work hard to improve."

"For example, after Chen Songqing successfully manipulated the stock price of the Carin series, he used the inflated price of the stock of the Car series to apply for bank loans, and even applied for loans multiple times. The reason why he succeeded repeatedly was largely due to information asymmetry.

, supervision is not in place.”

After talking calmly, Gao Xian began to bring in private goods and said: "Real estate investment accounts for a large proportion of Jia Ning's operations, and the funds involved are estimated to be more than 6 billion. Now Jian Ning's business fraud

The exposure may have become a triggering factor, announcing that the Xiangjiang real estate industry, which was already in a downward cycle, has collapsed. All real estate companies must prepare for the winter, and even those banks that have lent too much to the real estate industry should also

Be fully prepared!”

These words were not dry, but had more information, which made everyone feel refreshed.

You must know that at this stage, the Xiangjiang real estate industry is in decline for all to see, but this is the first time that a figure as big as Gao Xian has pointed out clearly that the Xiangjiang real estate industry has collapsed.

Some bold people joked: "Does Gao Xing Industrial also need to prepare for the winter?"

"Of course, Happy Industrial is no exception." Gao Xian smiled without any grudges, "However, Happy Industrial has been operating very steadily during the economic overheating period in the past few years and will not be frozen by the economic winter. In comparison,

, those companies that expand aggressively are really dangerous.”

This makes sense. Some people who are well aware of the dynamics of Hong Kong's business community quickly thought of Jardine. Just for the bidding and development of the new Central Land King alone, Jardine has used a total of more than 10 billion Hong Kong dollars in resources. If

If this does not count as radical expansion, then there are no companies that are radically expanding.

Someone else asked out of curiosity, "Will Gaoyi Ratings issue a downgrade warning for companies that have been severely dragged down by the downturn in the real estate industry?"

"Your thinking is very rigorous. Yes, it is those companies that have been seriously dragged down by the downturn in the real estate industry, not just real estate companies." After praising the students who stood up to ask questions, Gao Xian said neatly: "Gaoyi Rating Conference

One of them is to work hard to do your job well, assess risks for investors, and give ratings that reflect the true operating status as accurately as possible."

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These explanations of Gao Xian were quickly moved to newspapers by the media. Now, in addition to the collapse of the Hong Kong real estate industry, many companies began to feel restless.

The truth is obvious, the power of the high-yield iron mouth and steel teeth has just been tested.

After the success of "Carne", its commercial fraud soon became known to everyone, further verifying the authority of the "High Yield Rating".

In the turbulent capital market, who wouldn’t want such a bright light to illuminate a clear path.

But from the perspective of investors, and from the perspective of companies with serious operating problems, they are wary of high-yield ratings.

The first person to bear the brunt was undoubtedly Yihe, who was so panicked.

After the Jiangning Dongchuang incident, many real estate projects that Jardine cooperated with Jiangning were undoubtedly abandoned halfway, especially the Miramar Hotel wing project that cost up to HK$2.8 billion, of which Jardine accounted for a quarter.

That's 700 million Hong Kong dollars. That's no joke. Now it's all a mess. How can we not worry about it?

In particular, family members know their own affairs. Executives like Jardine's chief executive Niu Bijian and manager Bao Fuda are very clear about the true debt level of Jardine. Moreover, the increase in interest rates in the Hong Kong banking industry has begun to make Jardine a little breathless.

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Niu Bijian and Bao Fuda discussed whether Jardine Matheson would be downgraded by Gaoyi Ratings in a public vendetta, which would trigger a series of uncontrollable drastic changes. They concluded that Gaoyi Ratings would definitely avenge itself and failed to see the previous good results.

It would be better to fall into the clutches of high-yield ratings.

Now that the conclusion has been drawn, how should they deal with it? Niu Bijian and Bao Fuda stared at each other with nothing to do. They seemed to have no choice but to wait for the verdict of the high-yield rating.

Niu Bijian suddenly felt a little regretful. If he had known that the economic situation had deteriorated to such an extent that the big one might not take all, he would not have deliberately taken over the new Central Land King a few months ago.