Despite the huge momentum, Evergrande Property, a subsidiary of Xu Jiayin Group, can now be described as even worse. The resumption of trading of Evergrande property fell by 64%, and the total market value has fallen below the 10 billion mark. However, this is not entirely without traces.
Evergrande Property, which once landed on the Hong Kong Stock Exchange on December 2, 2020, once became a favorite of investors, and then its share price climbed all the way, and the highest price even rushed to a peak of HK$19.74 per share. The total market value once exceeded the magnificent scene of 213.4 billion Hong Kong dollars. However, the good times did not last long, and the market was unpredictable.
The collapse in the market value of Evergrande's property has undoubtedly sounded the alarm for investors. Affected by various unfavorable factors, including the increase in real estate control policies, the turmoil in the capital market and the market's concerns about the future development of Evergrande Group, these have become the reasons for the decline in the share price of Evergrande Property.
Although there are some external factors that have led to the market value of Evergrande properties, we cannot ignore the huge potential of Xu Jiayin ICON in another cash cow, Sea Flower Island. As one of the key projects of Evergrande Group, Sea Flower Island is known as China's Maldives. It is located in Danzhou City, in the middle of the Qiongzhou Strait in Hainan Province, and has attracted much attention with its unique advantages and tourism resources.
As a comprehensive resort with a unique natural environment and beautiful beaches, Sea Flower Island attracts many domestic and foreign tourists. Xu Jiayin will build Haihua Island into a tourist resort with a series of supporting facilities such as high-end hotels, luxury villas, and international conference centers, which will bring more investment opportunities and returns to the company.
However, we should also see that there is no absolute risk in investing, only relative risk. Despite the huge potential of Sea Flower Island, investors still need to be rational and risk-averse.
In short, Xu Jiayin is indeed facing changes in the stock market at present, and the news that the market value of Evergrande property is less than 10 billion yuan is shocking. However, we cannot ignore the potential cash cow of Sea Flower Island. Investors need to keep a cool head, assess the situation, and make informed decisions.
Label: #许家印 #恒大物业 #海花岛 #股市风云 #投资