Hywin Wealth Management*** recently issued an announcement, saying that due to the impact of the economic downturn, the payment of the project has been delayed, which has caused inconvenience to investors. Despite the euphemistic wording of the announcement, the information revealed in it raises concerns that Hywin Wealth is currently unable to repay investors' funds for the time being. Although they said that a special team has been set up to actively coordinate the disposal plan, the specific plan has not been disclosed. For financial institutions such as Hywin Wealth, this situation is not uncommon, and previous companies such as Zhongzhi and Noah have also faced similar problems.
The wording of Haiyin Wealth's announcement is relatively euphemistic, but the information in it is the same as the previous thunderstorm. This means that although the investor has matured, Haiyin cannot be cashed, and this fact cannot be avoided. Although they took the initiative to inform investors to ensure that they could consult and communicate, the problem was already a real fact. Now, Hywin Wealth is actively seeking solutions, and the specific way cannot be disclosed to the public for the time being. Their announcement also made it clear that they didn't run away, which helped stabilize investor sentiment. However, as such a tried-and-true asset management company, Hywin Wealth's predicament, if not properly resolved, will have a significant impact on the Lujiazui Financial District and 1460,000 high-net-worth individuals and institutions brought serious losses. The ripple effect will be very serious.
Hywin Wealth Management*** is an asset management company established nearly 20 years ago, headquartered in Lujiazui, Shanghai, and is a well-known institution with more than 170 wealth centers in 80 major cities across the country. However, since its main service targets are high-net-worth individuals with assets of more than 3 million, ordinary people may not know much about Hywin Wealth. Hywin Wealth is mainly engaged in the secondary market, private equity, real estate and public offerings**.
As an asset management company with a history of 20 years, Hywin Wealth has rapidly developed into a well-known institution nationwide with its rich experience and professional services. They have set up more than 170 wealth centers in 80 major cities across the country, covering most of them.
First- and second-tier cities. The advantages of this scale and distribution make Hywin Wealth have a greater influence in the industry.
Hywin Wealth's clients are mainly high-net-worth individuals and institutions with assets of more than 3 million. These clients often have high financial strength and resources, and need professional financial institutions to manage and grow their wealth. It is by virtue of its in-depth understanding of the needs of high-net-worth customers and accurate investment strategies that Hywin Wealth has won the recognition of this high-end market.
Hywin Wealth's main business areas include secondary markets, private equity, real estate and public offerings**. By investing in these areas, they have created significant benefits for their clients. Especially with the rapid development of China's economy, the wealth of these customers has also been effectively protected and valued. However, as the saying goes, investment is risky, and although Hywin Wealth has been committed to providing customers with the best investment solutions, the volatility and risk of the market are still not fully controllable. This delay in payment is one of them.
Considering the areas in which Hywin Wealth operates, especially real estate, it is reasonable to guess that the main reason for the delay in the payment of arrears is related to changes in the real estate market. As the boss of Henan, the founder of Haiyin Wealth and Xu Jiayin, the boss of Evergrande, are also from Henan. Evergrande, as a real estate company, is currently facing 2A debt crisis of 4 trillion yuan, which involved the funds of a large number of investment institutions. Hywin Wealth may have also invested in Evergrande's projects and has therefore been affected. The ripple effect of the explosion of real estate companies will not only affect the security of the financial district, but more importantly, it will lead to a large number of middle-class and above families facing a shrinking wealth, the so-called middle class returning to poverty.
As a pillar industry of China's economy, real estate has a large market scale and influence. However, the volatility of the real estate market has been in the spotlight over the past few years, especially during the pandemic and the tightening of macroeconomic control policies. In such a complex environment, real estate companies are under tremendous pressure, especially those with high levels of debt.
Evergrande, one of the giants of China's real estate market, has become the focus of the entire industry due to its debt crisis. Many investment institutions have invested in Evergrande projects, expecting high returns. Hywin Wealth may have also invested in Evergrande's projects and has therefore been affected. If Hywin Wealth is unable to solve the debt problem in a timely manner, it will have a huge impact on investors, causing their wealth to shrink and even return to poverty.
In response to the problem of Haiyin Wealth, the author hopes to give some advice to ordinary people. First of all, the author believes that if the family assets are not more than 5 million, there is no need to think too much about the depreciation of wealth and financial management. Because statistics show that in the long-term performance of ** managers, the difference between the best and worst performance is only two percentage points, which is not a big difference. Therefore, ordinary people should think more about how to create wealth with their previous methods, rather than relying too much on investment and financial institutions. Second, the author cautions investors to be mindful of the determinants of human nature. For ** managers, the funds in their hands are not their own, but from investors. If their investment fails, they don't take the loss, but the investor loses real money**. Therefore, the author believes that in the next 3 to 5 years, financial institutions such as Haiyin Wealth may have a large-scale explosion, causing a large number of middle-class families to return to poverty. Therefore, investors need to protect their assets.
Overall, the delay in the redemption of Hywin Wealth has raised concerns among investors, especially for high-net-worth individuals and institutions, which may face serious losses. At the same time, fluctuations in the real estate market may also have an impact on Hywin's wealth. For ordinary people, they need to be cautious in investment and financial management, and think more about using their own methods to create wealth, rather than relying too much on investment and financial institutions. The most important thing is to protect your property.