According to Xu Jiayin at the New Year's Mobilization Meeting on February 6, almost no funds flowed into Evergrande since September last year, while Xia Haijun sold bonds from July to August

According to Xu Jiayin at the Baojiaolou New Year's Construction Mobilization Conference on February 6, almost no funds have flowed into Evergrande since September last year, and Xia Haijun sold bonds between July and August, (do you remember that in July 2021, Evergrande repaid 13.6 billion Hong Kong dollars in advance?). The card point is quite accurate, and it was only declared to the Hong Kong Stock Exchange on February 9 this year, avoiding the negative impact on Evergrande due to the liquidation of the bonds.

But Xu Jiayin holds more Evergrande bonds than Xia Haijun, will he also sell them like Xia Haijun?

In July and August 2021, Evergrande Wealth vigorously promoted wealth management products to owners and unspecified social personnel and sharply raised interest rates to lure more people into the pit, and suddenly announced that it would stop payment in September! After it was confirmed that Du Liang, general manager of Evergrande Wealth, and Ding Yumei, wife of Xu Jiayin, had already paid their own wealth management products in advance with principal and interest, where did the more than 40 billion wealth management funds flow? Pondering the horror...