Text | Li Delin
10. The "retail brother" came to the new owner
In the first half of 2024, MINISO, with a revenue of 7.7 billion, will spend more than 6.2 billion yuan to acquire Yonghui Supermarket, the "first brother in retail", and become the largest shareholder. The boss of MINISO said that Yonghui supermarket is too cheap now. When the news came out, the market value of MINISO evaporated by nearly 10 billion. Don't forget, the shareholders led by JD.com have not made money, and it may be difficult for MINISO to make a fortune in Yonghui Supermarket.
Spicy comment: This acquisition focuses on the fat Donglai model behind Yonghui Supermarket. To learn from Fat Donglai, we must start by caring for employees.
9. The "Emperor of Workers" was banned from A-shares
Xia Haijun used to be Xu Jiayin's most trusted man, and his annual salary in Evergrande Group was as high as 270 million, becoming a veritable emperor of part-time jobs. The China Securities Regulatory Commission imposed a fine of 15 million yuan on Xia Haijun for financial fraud and fraudulent issuance of bonds during his tenure as president of Evergrande.
Spicy comment: If you do illegal things with a high salary, once you lose your principles, the president will eventually become a boss.
8. The private equity boss has planted a rat barn
Haiya Financial Holdings' boss Erfan probably never dreamed that he bought the same shares as his private placement products, and was caught by the Securities Regulatory Commission and said that he was doing a rat trap. There are 36 stocks in the account group controlled by Dian Erfan and its private equity products, with a transaction amount of more than 2.1 billion. The China Securities Regulatory Commission fined him 66.5 million yuan, and also issued a red card to him for 6 years from entering A-shares.
Spicy comment: The relevant laws and regulations are there, professional things can't be done very nonsense, and nonsense things can't be done very professionally.
7. In March, 4,000 directors, supervisors and senior executives changed
As of September 19, more than 1,600 A-share listed companies have disclosed information on the resignation or change of senior executives since July, with a total of more than 4,000 directors, supervisors and senior executives, and the number of senior executives in the pharmaceutical, photovoltaic, electronics, real estate and other industries ranks among the highest. Among them, more than 30 in the pharmaceutical industry have been investigated. It is worth being vigilant that those listed companies that leave in a bunch expose potential risks.
Spicy comment: Once something goes wrong, in addition to the departing executives to be held accountable, the sponsor agency also has to take two steps.
6. The flash delivery valuation has been cut in half
According to the 2024 list of global unicorns, Flash is valued at 7.1 billion yuan, which has been cut in half compared to the 14 billion yuan in the last round of financing. The revenue growth rate of flash delivery has fallen from more than 30% to single digits in the past three years, and the unit price of customers has also declined year after year. Listing often becomes a matter of corporate handover to shareholders.
Spicy comment: There are more and more opponents, and they are becoming more and more professional, and how to differentiate the competition is the key to breaking through.
5. Arrested for defrauding the dean of medical insurance
The director of Wuxi Hongqiao Hospital and 15 other people involved in the case have been taken criminal coercive measures by the public security organs in accordance with the law, and the hospital has also been suspended. These people are simply bold, they falsify medical records, cheat health insurance, and when the matter is revealed, the data is ruined, the system is changed, and the record book is gone. The national flight inspection team landed in the hospital, the public security and health jointly attacked, and the fraud gang deserved it!
Spicy comment: I hope that this regulatory storm of dirt and dirt can completely uproot the black-hearted hospital.
4. The China Securities Regulatory Commission made a big move
On September 24, the China Securities Regulatory Commission (CSRC) issued two blockbuster documents in succession, including opinions on the reform of the market for mergers and acquisitions of listed companies and a draft for comments on the market value management of listed companies. M&A opinions support the transformation and upgrading of listed companies in the direction of new quality productivity, and encourage industrial integration. Market value management encourages the use of mergers and acquisitions, dividends, buybacks and other methods to promote the value of listed companies. The core is to go long China.
Spicy comment: The happiest thing these days is to increase your position.
3. The first 300 billion fund was born
As of September 24, the share of Huatai Barry CSI 300 ETF exceeded 90.9 billion, and the total scale officially exceeded 300 billion yuan, becoming the first equity ETF in the history of A-shares to break through the 300 billion mark, and it is also the largest equity fund in China with assets. On the same day, the total size of equity ETFs in the entire market exceeded 2.13 trillion, of which 5 products exceeded 100 billion.
Spicy comment: The elephant dances, and I have seen it for a long time.
2. The scale of asset management exceeds 70 trillion
According to data from the Asset Management Association, by the end of the second quarter of 2024, the total scale of asset management products of funds, securities, futures, private equity and other institutions will reach 70.6 trillion yuan. Among them, the scale of public funds exceeded 31 trillion yuan, the scale of private equity funds exceeded 19.6 trillion yuan, the asset management scale of securities exceeded 6.4 trillion yuan, and the pension scale exceeded 5.27 trillion yuan. Funds led by public offerings have become the mainstay of A-shares.
Spicy comment: Judging from the market in recent days, the scale of asset management may exceed 7 billion.
1. Qualcomm wants to accept Intel
Chips have become the most sensitive nerves in the world, and the United States even has big news that Qualcomm wants to acquire Intel, and the CEO of Qualcomm personally participated in the negotiation of the acquisition. Intel is now standing at a life-and-death crossroads, with its market value falling by 56% during the year, and if Qualcomm wants to acquire Intel with a market value of 660 billion yuan, it will trigger anti-monopoly review.
Spicy comment: Both sides either did not comment, or did not respond to the message, there are still many uncertainties, let the bullets fly for a while.