Evergrande Storm
The fall of Xu Jiayin and the earthquake in the real estate industry.
Pool. Open the news.
A message slammed in like a bolt from the blue.
Eye: Xu Jiayin of Evergrande Group.
This real estate giant.
It was taken on suspicion of violating the law and committing a crime.
coercive measures.
Evergrande
This name is in China and around the world.
The real estate industry is thunderous.
I remember Evergrande's real estate advertisement a few years ago.
Almost everywhere.
Xu Jiayin's success story has also been countless.
People are sought after. No one thought of it.
This former real estate giant.
That's what we're in now.
Take a closer look at the news.
The reasons behind it are astounding.
Xu JiayinAttempting to transfer assets.
This is perhaps not uncommon in the business world.
He apparently didn't realize it.
This kind of behavior has touched the state.
The bottom line. In front of the public, he kept saying that he wanted to be protected.
Handover. Behind the scenes, there was a small movement.
Attempts to avoid debt.
What is even more jaw-dropping is the Xu family.
India seems to have begun to evade responsibility.
He tried not only to pass a "technical divorce".
to avoid debt.
He even went directly to the United States to file for bankruptcy.
Protection. 
This behavior is undoubtedly against those who are prepaid.
The common people
* Serious business as well as Bank of China.
Treachery. He's done more than that.
Problems with personal behavior.
but also to the entire financial system and the country.
A serious threat to security.
If Xu Jiayin's behavior becomes.
Precedent. The consequences will be dire.
Other owners may follow suit.
Imitate. Causing the entire financial system to fall into chaos.
These mountains of debt.
Eventually, it will weigh heavily on domestic finance.
on the shoulders of institutions and banks.
If these debts cannot be repaid.
Chinese enterprises and financial institutions in the international arena.
Credibility in the market will be devastating.
Hit. The state took compulsory measures against Xu Jiayin.
And not only sanctions against him personally.
It is also a strict treatment for the entire real estate industry.
Warning. 
This is a clear signal:Whatever
Trying to evade responsibility
Acts that harm the interests of the country and the people
will be severely punished by the law.
It is also a warning to society as a whole.
We are reminded to always be vigilant.
Prevent similar incidents from happening again.
There is much more to be said behind this incident.
Unsolved mysteries. 
How did Xu Jiayin go step by step.
Into the abyss of crime?
Is there a greater benefit behind him?
Yi Group? The incident has also sparked concern about.
A deep reflection on China's real estate industry.
As a pillar industry of the national economy.
The real estate industry has always been in the spotlight.
with the constant changes in the market and policies.
Adjust. 
The real estate industry is also facing more and more.
challenges and risks.
At this critical juncture.
It requires the concerted efforts of the whole society.
Strengthen supervision and self-discipline.
Promote the healthy development of the real estate industry.
It is also necessary to maintain a rational and objective attitude.
Degree. Don't blindly follow the hype.
Jointly maintain market order and fair competition.
Contend. The incident was shocking and painful.
Heart. But it also provides us with a reflection.
and an opportunity to wake up.
Today's topic: Do you have any thoughts on this?
Let's leave a message to discuss!
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