Country Garden has been in turmoil recently, and the outside world has rumored that its "thunder" is imminent, and the management of Country Garden has also changed from the initial "refutation of rumors" to "early warning", and even "apologize", which seems to imply that the company has fallen into a crisis, the situation is becoming more and more serious, and the speculation of the outside world is not groundless.
For Country Garden's "thunder", ordinary people may angrily denounce the company as unscrupulous, but Yi Xianrong, a professor at the Institute of Wealth Management of Qingdao University, has a different view, how does he view the "thunder" incident of Country Garden?And what is the countermeasure?
Country Garden can't give up.
Country Garden's series of actions are almost tantamount to publicly announcing that it is going to "explode".
Whether Country Garden can survive is the most concerned issue for many Country Garden owners.
At present, it seems that Country Garden is in great difficulty, and the company's financial crisis is intensifying, and it is in urgent need of external assistance.
Not long ago, Yang Huiyan, the new chairman of Country Garden, led the company's top management to issue a letter of apology.
This is different from the previous rumors about the company's own financial situation, this apology letter clearly said, "The company's operation in the first half of the year has shown losses, and I implore everyone to give a little time, they are trying to turn the crisis into life."
This is undoubtedly a direct admission that Country Garden has fallen into a predicament.
Previously, it was reported that Country Garden had failed to pay the coupon on two US dollar debts on time and needed to be made up within 30 days, but whether it could be made up and how to raise funds is unknown.
In fact, Country Garden's apology letter still has some meaning, if you look closely, you can find Country Garden's hidden thoughts.
One of the paragraphs says that "Country Garden carries the dream of tens of millions of urban residents to live and work in peace and contentment", and it also mentions that they "affect the livelihood of hundreds of thousands of employees in upstream and downstream industries", and finally mentions "the expectations of the majority of investors".
From a personal point of view, such a sentence tells everyone that Country Garden is now inextricably linked with various fields, and you should consider whether to save it or not.
Yi Xianrong, a professor at the Institute of Wealth Management, Qingdao University.
To save or not to save?
In fact, this is not a multiple-choice question, it can only be saved.
Professor Yi Xianrong said that Country Garden must be saved, if Country Garden is allowed to explode, then the real estate-related industries will be hit hard, and the main development area of Country Garden is.
In the third and fourth tier small towns, once Country Garden closes, it will have a huge impact on the local economy, not to mention the thousands of families who have bought Country Garden houses.
But how to save Country Garden, or the entire Chinese real estate industry?
How to save Country Garden.
Should Country Garden be saved?Personally, I think it should be saved, but how to save it is the key question.
In fact, on the question of whether to save or not, Professor Yi Xianrong also said through analysis that the country must save Country Garden.
Some people here must ask, since you want to save Country Garden, why not save Evergrande?
Although Evergrande is the largest real estate company in China, Country Garden is not small.
And the two companies are different in the direction of development.
Evergrande's main development areas are concentrated in developed cities, while Country Garden is mainly located in.
Expansion of third- and fourth-tier small cities and towns.
In this regard, the two companies are fundamentally different.
Moreover, although the scale of Country Garden is not as large as Evergrande, the expansion rate of Country Garden is much faster than that of Evergrande.
Developed cities have a higher degree of economic stability than smaller cities such as towns.
If Country Garden falls, some cities with relatively weak economic foundations may not be able to withstand the impact.
Professor Yi Xianrong put forward several suggestions on how to save Country Garden.
The first point is to purchase the houses of the leading enterprises of real estate at a price lower than the cost price and use them as affordable housing.
The second point is to remind real estate companies to have the awareness of "giving up the small to protect the big", and not to expect to make money with the house in the current situation.
I don't fully agree with the above two points.
First of all, the scale of China's real estate is very large, and the state may not have so much money to repossess the property, and if it is forced to do so, the impact on China's overall economy will be very detrimental, and even affect future development.
Secondly, in the face of the current situation of China's real estate industry, in order to activate the real estate market, reducing housing prices is definitely the best way, but suddenly and significantly reducing housing prices will undoubtedly bring too many risks to the entire real estate market.
Therefore, improving methods such as lowering interest rates, lowering down payments, and increasing housing demand may be the most effective.
Objectively speaking, breaking the pattern of China's entire real estate market and then restructuring it may be the best way to solve the current problems.
But whether there are other risks associated with doing so is anyone's guess.
Some people may say that Li Ka-shing has begun to sell houses at a reduced price, and the response is not bad.
But will this move be another "means" for Li Ka-shing to "harvest" mainland real estate?
Country Garden wants to be saved, but it can't be saved at any cost, and its fundamental problem still has to be solved by Country Garden itself, just like Evergrande has also gotten 5 after continuous efforts
A strategic investment of 100 million US dollars, although the target of the investment is Evergrande Automobile.
But in addition to the financial pressure, Country Garden also has pressure from the first.
Country Garden's suspicious move.
Compared with whether Country Garden will explode a thunderstorm, the outside world is more concerned about whether Country Garden can continue to fulfill its debts if it explodes, rather than walking away.
The public's concern is actually related to the actions of "Big and Little Yang".
As early as March this year, Yang Guoqiang took the initiative to resign as chairman and pushed his daughter Yang Huiyan to the position of chairman.
This is widely regarded by the outside world as a means for "Dayang" to get out.
Of course, "Xiao Yang" Yang Huiyan has not been idle since taking office.
At the end of July this year, a 20% stake in Country Garden Services was transferred to Yang Guoqiang's charity**.
This shocked the outside world, because if the company goes bankrupt, charity** is not in the scope of liquidation.
At the same time, the company's senior managers also cashed out a large number of ***.
This series of actions has lifted the hearts of the outside world.
But before that, after Country Garden failed to repay the coupon on its dollar debt on time, the company's personnel structure changed dramatically.
Yang Huiyan stepped down as chairman of Country Garden's company!
All this inevitably makes the outside world doubt whether Country Garden has a sense of responsibility to bear the debt.
Now everything is actually unknown, all kinds of news are true and false, and the judgment of any professional is only based on a preset mode, and no one knows what the actual situation is.
Country Garden can be saved?
Probably only those who can afford it would think about it.
Help, how to save it first, save it or not?What if the next one is saved and the next one appears?
If you don't save it, the future life of many township families is still closely related to Country Garden.
I don't know if Country Garden will survive it, but I hope it will survive this difficult time, because thousands of families are at stake behind it.
Perhaps, the crisis of Country Garden is also a crisis of China's real estate industry, and it is also a crisis of China's economy.
Perhaps, the transformation of Country Garden is also the transformation of China's real estate industry and the transformation of China's economy.
Perhaps, the future of Country Garden is also the future of China's real estate industry and the future of China's economy.