？？-To The Moon - Tiger Brokers Online Investing Community

1
Comment
Favorite

咏春
2019-11-23

？？

Accor Holdings was washed and plummeted 97%, suspected major shareholders cashed out at high levels and left the market

最新消息：MSCI今日宣布，经过市场参与者的进一步分析和反馈有关该股的可投资性，暂停将雅高控股纳入MSCI中国指数，直至另行通知，并将继续关注该股。（注：雅高控股在此前近2个月内暴涨约480%，今日暴

Accor Holdings was washed and plummeted 97%, suspected major shareholders cashed out at high levels and left the market

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

Top
Latest

No comments yet

Most Discussed

{"i18n":{"language":"en_US"},"data":{"magic":2,"id":934725811,"tweetId":"934725811","gmtCreate":1574512149033,"gmtModify":1705413871898,"author":{"id":3529900726833439,"idStr":"3529900726833439","authorId":3529900726833439,"authorIdStr":"3529900726833439","name":"咏春","avatar":"https://static.tigerbbs.com/0de5840398082c256fb439c63bfff143","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":8,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"extraTitle":"","html":"<html><head></head><body>\n？？</body></html>","htmlText":"<html><head></head><body>\n？？</body></html>","text":"？？","highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/934725811","repostId":1150632380,"repostType":2,"repost":{"id":"1150632380","kind":"news","pubTimestamp":1574305145,"share":"https://ttm.financial/m/news/1150632380?lang=en_US&edition=fundamental","pubTime":"2019-11-21 10:59","market":"hk","language":"zh","title":"Accor Holdings was washed and plummeted 97%, suspected major shareholders cashed out at high levels and left the market","url":"https://stock-news.laohu8.com/highlight/detail?id=1150632380","media":"格隆汇","summary":"最新消息：MSCI今日宣布，经过市场参与者的进一步分析和反馈有关该股的可投资性，暂停将雅高控股纳入MSCI中国指数，直至另行通知，并将继续关注该股。（注：雅高控股在此前近2个月内暴涨约480%，今日暴","content":"Latest news: MSCI announced today that after further analysis and feedback from market participants regarding the investability of the stock, it has suspended the inclusion of Accor Holdings in the MSCI China Index until further notice and will continue to monitor the stock. (Note: Accor Holdings has soared by about 480% in the past two months, and it plummeted today, with a current decline of 98%.)The Hong Kong stock Accor Holdings was washed out, and its stock price plummeted 97.33%, with a quoted price of HK $0.395. The market value of over HK $40 billion evaporated instantly. At present, the company's total market value is only HK $1.2 billion.<img src=\"https://static.tigerbbs.com/5387fea38f80457aba94858f6437d954\">Earlier, independent stock commentator David Webb published an article warning of the former's stock price bubble, saying that the company's stock price increase since the end of May has made its stock price about 24 times the net tangible asset value, and there is a bubble of 29 billion Hong Kong dollars. David Webb also said that the top ten shareholders of Accor Holdings hold 84% of the shares. The company has never paid dividends since its listing at the end of December 2013, and it is still in a state of continuous losses. Wise investors should avoid holding shares of Accor Holdings.It is worth noting that on November 8, MSCI morgan stanley capital international announced the results of the latest semi-annual review. Accor Holdings was selected as the MSCI China Index, and the changes will take effect after the market closes on November 26.The company's unusual fluctuations are not the first time, and it has experienced many sharp ups and downs before. From the beginning of this year to September, Accor Holdings has risen higher and higher, from HK $0.85 to HK $9.69, with a range increase of 10.4 times, making it one of the rare 10-fold bull stocks in Hong Kong stocks. However, on September 10, the company's stock price plummeted directly by 16%, with an amplitude of 45%. On September 23, the stock price was cut in half, plummeting 48%. Soon, Accor Holdings started the skyrocketing mode again. Before the plunge in November alone, the company's stock price soared by 172%, reaching the highest price of HK $14.96, which was 30 times a big bull stock of 30 times! However, today, the company's stock price plummeted 97%, and more than 45 billion market value was evaporated and reduced to penny stocks. A while of heaven and a while of hell, Accor Holdings will perform it to the fullest!Why was Accor Holdings hot and hyped before?Accor Holdings' main business is marble mine exploration, mining, production, processing and distribution, and it has an integrated business layout of the whole industry chain. At present, Accor Holdings has four subsidiaries involved in mineral exploration business. In order to expand the types and market competitiveness of stone products, Accor Holdings acquired a mining and exploration company engaged in marble products at the end of last year. The acquisition of the shareholding of CNMC Geike Mineral Exploration Co., Ltd. will undoubtedly have a positive impact on Accor Holdings' exploration business and will help develop more marble resources.According to the analysis of Caihua News Agency, there are two main reasons why Accor Holdings encountered speculation.First, continuous external mergers and acquisitions to improve the industrial chain bring hope. Due to the poor main business, Accor Holdings has started the road of diversified expansion. In August last year, Accor Holdings acquired a limestone mine in Shaxi Township, Lichuan City, Hubei Province for 191 million yuan to expand the styles of existing stone products. In July this year, Accor Holdings spent 45 million yuan to acquire a calcium carbonate production and sales enterprise, trying to extend its business scope from stone mining to stone application (producing calcium carbonate mainly for industrial purposes). In addition to upstream and downstream expansion, Accor Holdings is also involved in other fields. On August 29 this year, Accor Holdings invested huge sums of money to acquire a number of property projects in Shanghai.After this series of mergers and acquisitions since last year, it shows that Accor Holdings is trying to further extend the industrial chain, expand ore exploration and stone application business to develop calcium carbonate production and sales business, and get involved in property projects to increase its performance and provide stable cash flow for business development. On the other hand, Accor Holdings urgently needs to expand its modern logistics, material processing (including marble processing) and supply chain finance businesses to develop commodity trade and improve profitability, creating conditions for reversing the decline in performance.Second, major shareholders are fueling the flames. After the stock price hit a record high in mid-September this year, Accor Holdings' stock price was cut in half from September 13 to October 3, with a drop of more than 70%. The surprise diving from a high platform inevitably frightened investors. The ups and downs of the stock price cannot be ruled out that it is the intention of the major shareholder of Accor. On February 22 this year, Zhang Tao, the controlling shareholder of Accor, liquidated his position and reduced his holdings of 108 million shares; On May 20, another shareholder, Qin Yin, cleared his position and reduced his holdings of approximately 167.55 million shares, cashing out approximately HK $142 million; On July 30, shareholder China First Capital Group Limited also reduced its holdings by 80 million shares and cashed out approximately HK $180 million.The market value of 40 billion evaporated instantly, what happened?Observing the company's recent performance this year, we can find that Accor Holdings' performance fluctuates greatly, and its performance has been deteriorating in recent years. As of 2018, the company's revenue has been halved, recording 545 million yuan; Net profit plummeted 19 times, from 8.45 million in 2017 to a loss of nearly 400 million. Although the interim results in 2019 have improved, the net profit still recorded a loss of 28.8 million yuan, and the revenue has been halved again. However, the company's cash flow has gradually deteriorated, with only 82.28 million yuan in cash on the account and a decrease of 17.9 million yuan in cash.<img src=\"https://static.tigerbbs.com/dfcf9a0a1d4e7329ee6771801ac78d60\">Not only that, the company reduced its holdings while acquiring, and the traces of Zhuang stocks were obvious. On February 22 this year, Zhang Tao, the controlling shareholder of Accor, cleared his position and reduced his holdings of 108 million shares; On May 20, another shareholder, Qin Yin, cleared his position and reduced his holdings of approximately 167.55 million shares, cashing out approximately HK $142 million; On July 30, shareholder China First Capital Group Limited also reduced its holdings by 80 million shares and cashed out approximately HK $180 million. On August 29, Zhou Chengjiu reduced his holdings by 164 million shares, and this reduction occurred just two days before the company's stock price rose 10 times.The short-selling ratio remains high, and the company's short-selling ratio has been above 20% since November.<img src=\"https://static.tigerbbs.com/1f1ba9e9187504a72eef25068f3a6249\">The company's largest broker cashes Li & Fung, and Kingston holds 13.28% of the shares. Jinhui Education and China Environmental Protection Energy, which plummeted before, are inextricably linked with Kingston. The plunge of Accor Holdings this time may be related to the Hong Kong Securities Regulatory Commission's crackdown on Zhuang stocks and thousands of stocks.<img src=\"https://static.tigerbbs.com/11ce39a230e20f858698b73e09750064\">Over the past ten years, Mrs. Zhu has provided assistance to dozens of mainland enterprises in listing and financing in Hong Kong, with clients all over Fujian, Shanghai, Beijing and other places. She has handled more than 150 listed companies, and is called \"the queen of the shell\" by the media because of her unique vision. Jinlifeng Securities holds 74% of Jinhui Education, and its stock price once plummeted by more than 60%. China Environmental Protection Energy has a subsidiary called Kingston Group Co., Ltd.In recent years, Jinlifeng was once famous for its activities such as the listing of third-and fourth-tier penny stocks in the Hong Kong stock market and \"backdoor\", and it has driven many mainland rich people, enterprises and local rich people to participate. Its classic cases include the \"snake-swallowing elephant\" acquisition of Taiwan Province Nanshan Insurance for Zhongce Group (00235-HK), which is engaged in the production of battery accessories, in 2009, and the privatization of PCCW (00008-HK) with several rich people.In the past two years, the Hong Kong Securities Regulatory Commission has twice frozen customer assets on Kingston Securities, and even went directly to the headquarters of Kingston Finance (01031), the parent company of Kingston Securities, in the first phase of Central Guojin to collect information. At present, there are reports that the Hong Kong Securities Regulatory Commission is cracking down on operations such as old thousands of stocks and bankers. Some market participants speculate that it is not ruled out that Kingston will lose its car and protect its handsome handsome before the crackdown, and gradually withdraw from some shell stocks.Kingston Securities has been caught in turmoil repeatedly, and the Hong Kong Securities Regulatory Commission directly went to the headquarters to searchIn January 2018, Kingston Financial (01031-HK), the flagship of Zhu Liyuehua, known as the \"queen of the shell\", which is famous in Hong Kong for underwriting GEM stocks and listing penny stocks, was named by the Hong Kong Securities and Futures Commission as having a high concentration of equity, and public shareholders only hold 8.347% of the equity. After being named by the China Securities Regulatory Commission, the stock price once plummeted by 30%, but the company stated that only after inquiry, it was confirmed that the public shareholding had exceeded 25%.Sina Hong Kong stock inquiry found that in the 2018 annual report, the main force Yuehua held 10.157 billion shares of the company, and the company's total share capital was 13.614 billion shares, accounting for 74.6% of the shares. There is currently no evidence that the public holds less than 25% of the shares.<img src=\"https://static.tigerbbs.com/766a48d50b2df89f1017cb5cec24641f\">In September 2018 and February this year, the assets of individual customers of Kingston Securities were frozen twice. Among them, on September 17th last year, the Hong Kong Securities and Futures Commission issued a notice to three securities firms, including Jinlifeng Securities, Zhongnan Finance and HSBC Financial Securities (Asia), prohibiting the relevant securities firms from disposing of any assets in the account of the chairman of a listed company as the beneficiary in any way without the consent of the Securities and Futures Commission, with a total value of 10.168 billion yuan.An investigation by the Hong Kong Securities and Futures Commission found that the chairman of the listed company was suspected of conspiring to plan a fraudulent plan, which caused the group to lose about 10.17 billion yuan. The securities and cash held by this person in the above three securities firms were estimated to have a total of 4.64 billion yuan at that time. The person may have been overseas or under investigation in the Mainland in connection with an alleged corruption case.David Webb, an independent stock commentator, wrote an article to dismantle the mystery. It is estimated that the frozen account this time belongs to Yang Zhihui, chairman of Landing International (00582), and pointed out that the listed company that lost more than 10 billion yuan in the incident is suspected to be China Huarong (02799).In February 2019, another customer account assets of Kingston Securities were frozen by the China Securities Regulatory Commission, involving more than 3.8 billion yuan. On February 15th, the Hong Kong Securities and Futures Commission issued a restrictive notice to three securities firms, including Jinlifeng Securities, changjiang securities Brokerage (Hong Kong) and Haitong International Securities, prohibiting the relevant securities firms from disposing of the assets in certain customer accounts in any way without the consent of the Commission, up to a total value of 3.814 billion yuan.An investigation by the Hong Kong Securities and Futures Commission found that a listed company was suspected of disclosing false or misleading financial information, and raised a total of 3.814 billion yuan in 2015. As for the suspects who disclosed false or misleading information, they were two senior managers of the listed company. They were also suspected of misappropriating about 258 million yuan of the proceeds from listing fund-raising. Part of the misappropriated funds were deposited in company A, and company A has a margin account in the above-mentioned securities firm and holds shares of the listed company.Zhu Yuehua said that the incident had no impact on the company, stressing that it only implemented the requirements of the Hong Kong Securities Regulatory Commission, and the company was not the object of investigation. As for whether there will be any more customers whose assets will be frozen in the future, she said it is difficult to control.In March 2019, it was reported that the Hong Kong Securities Regulatory Commission searched the headquarters of Kingston & Fung (01031). It is understood that the search lasted at least nearly 5 hours, and the scale of the search was much wider than the normal monitoring scope in the past. Later, Chief Executive Zhu Liyuehua responded that the Hong Kong Securities Regulatory Commission was searching customer information this time, and the search had nothing to do with Kingston. The company will issue an announcement later. Please pay attention to the announcement.According to industry insiders, because there is no price limit, there are many phenomena of skyrocketing and plummeting shell stocks in Hong Kong, basically ignoring the fundamentals, and there is the possibility of sitting in the village and manipulating, so investors need to be cautious.","source":"gelonghui_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Accor Holdings was washed and plummeted 97%, suspected major shareholders cashed out at high levels and left the market</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAccor Holdings was washed and plummeted 97%, suspected major shareholders cashed out at high levels and left the market\n</h2>\n<h4 class=\"meta\">\n\n格隆汇2019-11-21 10:59\n\n</h4>\n</header>\n<article>\nLatest news: MSCI announced today that after further analysis and feedback from market participants regarding the investability of the stock, it has suspended the inclusion of Accor Holdings in the MSCI China Index until further notice and will continue to monitor the stock. (Note: Accor Holdings has soared by about 480% in the past two months, and it plummeted today, with a current decline of 98%.)The Hong Kong stock Accor Holdings was washed out, and its stock price plummeted 97.33%, with a quoted price of HK $0.395. The market value of over HK $40 billion evaporated instantly. At present, the company's total market value is only HK $1.2 billion.<img src=\"https://static.tigerbbs.com/5387fea38f80457aba94858f6437d954\">Earlier, independent stock commentator David Webb published an article warning of the former's stock price bubble, saying that the company's stock price increase since the end of May has made its stock price about 24 times the net tangible asset value, and there is a bubble of 29 billion Hong Kong dollars. David Webb also said that the top ten shareholders of Accor Holdings hold 84% of the shares. The company has never paid dividends since its listing at the end of December 2013, and it is still in a state of continuous losses. Wise investors should avoid holding shares of Accor Holdings.It is worth noting that on November 8, MSCI morgan stanley capital international announced the results of the latest semi-annual review. Accor Holdings was selected as the MSCI China Index, and the changes will take effect after the market closes on November 26.The company's unusual fluctuations are not the first time, and it has experienced many sharp ups and downs before. From the beginning of this year to September, Accor Holdings has risen higher and higher, from HK $0.85 to HK $9.69, with a range increase of 10.4 times, making it one of the rare 10-fold bull stocks in Hong Kong stocks. However, on September 10, the company's stock price plummeted directly by 16%, with an amplitude of 45%. On September 23, the stock price was cut in half, plummeting 48%. Soon, Accor Holdings started the skyrocketing mode again. Before the plunge in November alone, the company's stock price soared by 172%, reaching the highest price of HK $14.96, which was 30 times a big bull stock of 30 times! However, today, the company's stock price plummeted 97%, and more than 45 billion market value was evaporated and reduced to penny stocks. A while of heaven and a while of hell, Accor Holdings will perform it to the fullest!Why was Accor Holdings hot and hyped before?Accor Holdings' main business is marble mine exploration, mining, production, processing and distribution, and it has an integrated business layout of the whole industry chain. At present, Accor Holdings has four subsidiaries involved in mineral exploration business. In order to expand the types and market competitiveness of stone products, Accor Holdings acquired a mining and exploration company engaged in marble products at the end of last year. The acquisition of the shareholding of CNMC Geike Mineral Exploration Co., Ltd. will undoubtedly have a positive impact on Accor Holdings' exploration business and will help develop more marble resources.According to the analysis of Caihua News Agency, there are two main reasons why Accor Holdings encountered speculation.First, continuous external mergers and acquisitions to improve the industrial chain bring hope. Due to the poor main business, Accor Holdings has started the road of diversified expansion. In August last year, Accor Holdings acquired a limestone mine in Shaxi Township, Lichuan City, Hubei Province for 191 million yuan to expand the styles of existing stone products. In July this year, Accor Holdings spent 45 million yuan to acquire a calcium carbonate production and sales enterprise, trying to extend its business scope from stone mining to stone application (producing calcium carbonate mainly for industrial purposes). In addition to upstream and downstream expansion, Accor Holdings is also involved in other fields. On August 29 this year, Accor Holdings invested huge sums of money to acquire a number of property projects in Shanghai.After this series of mergers and acquisitions since last year, it shows that Accor Holdings is trying to further extend the industrial chain, expand ore exploration and stone application business to develop calcium carbonate production and sales business, and get involved in property projects to increase its performance and provide stable cash flow for business development. On the other hand, Accor Holdings urgently needs to expand its modern logistics, material processing (including marble processing) and supply chain finance businesses to develop commodity trade and improve profitability, creating conditions for reversing the decline in performance.Second, major shareholders are fueling the flames. After the stock price hit a record high in mid-September this year, Accor Holdings' stock price was cut in half from September 13 to October 3, with a drop of more than 70%. The surprise diving from a high platform inevitably frightened investors. The ups and downs of the stock price cannot be ruled out that it is the intention of the major shareholder of Accor. On February 22 this year, Zhang Tao, the controlling shareholder of Accor, liquidated his position and reduced his holdings of 108 million shares; On May 20, another shareholder, Qin Yin, cleared his position and reduced his holdings of approximately 167.55 million shares, cashing out approximately HK $142 million; On July 30, shareholder China First Capital Group Limited also reduced its holdings by 80 million shares and cashed out approximately HK $180 million.The market value of 40 billion evaporated instantly, what happened?Observing the company's recent performance this year, we can find that Accor Holdings' performance fluctuates greatly, and its performance has been deteriorating in recent years. As of 2018, the company's revenue has been halved, recording 545 million yuan; Net profit plummeted 19 times, from 8.45 million in 2017 to a loss of nearly 400 million. Although the interim results in 2019 have improved, the net profit still recorded a loss of 28.8 million yuan, and the revenue has been halved again. However, the company's cash flow has gradually deteriorated, with only 82.28 million yuan in cash on the account and a decrease of 17.9 million yuan in cash.<img src=\"https://static.tigerbbs.com/dfcf9a0a1d4e7329ee6771801ac78d60\">Not only that, the company reduced its holdings while acquiring, and the traces of Zhuang stocks were obvious. On February 22 this year, Zhang Tao, the controlling shareholder of Accor, cleared his position and reduced his holdings of 108 million shares; On May 20, another shareholder, Qin Yin, cleared his position and reduced his holdings of approximately 167.55 million shares, cashing out approximately HK $142 million; On July 30, shareholder China First Capital Group Limited also reduced its holdings by 80 million shares and cashed out approximately HK $180 million. On August 29, Zhou Chengjiu reduced his holdings by 164 million shares, and this reduction occurred just two days before the company's stock price rose 10 times.The short-selling ratio remains high, and the company's short-selling ratio has been above 20% since November.<img src=\"https://static.tigerbbs.com/1f1ba9e9187504a72eef25068f3a6249\">The company's largest broker cashes Li & Fung, and Kingston holds 13.28% of the shares. Jinhui Education and China Environmental Protection Energy, which plummeted before, are inextricably linked with Kingston. The plunge of Accor Holdings this time may be related to the Hong Kong Securities Regulatory Commission's crackdown on Zhuang stocks and thousands of stocks.<img src=\"https://static.tigerbbs.com/11ce39a230e20f858698b73e09750064\">Over the past ten years, Mrs. Zhu has provided assistance to dozens of mainland enterprises in listing and financing in Hong Kong, with clients all over Fujian, Shanghai, Beijing and other places. She has handled more than 150 listed companies, and is called \"the queen of the shell\" by the media because of her unique vision. Jinlifeng Securities holds 74% of Jinhui Education, and its stock price once plummeted by more than 60%. China Environmental Protection Energy has a subsidiary called Kingston Group Co., Ltd.In recent years, Jinlifeng was once famous for its activities such as the listing of third-and fourth-tier penny stocks in the Hong Kong stock market and \"backdoor\", and it has driven many mainland rich people, enterprises and local rich people to participate. Its classic cases include the \"snake-swallowing elephant\" acquisition of Taiwan Province Nanshan Insurance for Zhongce Group (00235-HK), which is engaged in the production of battery accessories, in 2009, and the privatization of PCCW (00008-HK) with several rich people.In the past two years, the Hong Kong Securities Regulatory Commission has twice frozen customer assets on Kingston Securities, and even went directly to the headquarters of Kingston Finance (01031), the parent company of Kingston Securities, in the first phase of Central Guojin to collect information. At present, there are reports that the Hong Kong Securities Regulatory Commission is cracking down on operations such as old thousands of stocks and bankers. Some market participants speculate that it is not ruled out that Kingston will lose its car and protect its handsome handsome before the crackdown, and gradually withdraw from some shell stocks.Kingston Securities has been caught in turmoil repeatedly, and the Hong Kong Securities Regulatory Commission directly went to the headquarters to searchIn January 2018, Kingston Financial (01031-HK), the flagship of Zhu Liyuehua, known as the \"queen of the shell\", which is famous in Hong Kong for underwriting GEM stocks and listing penny stocks, was named by the Hong Kong Securities and Futures Commission as having a high concentration of equity, and public shareholders only hold 8.347% of the equity. After being named by the China Securities Regulatory Commission, the stock price once plummeted by 30%, but the company stated that only after inquiry, it was confirmed that the public shareholding had exceeded 25%.Sina Hong Kong stock inquiry found that in the 2018 annual report, the main force Yuehua held 10.157 billion shares of the company, and the company's total share capital was 13.614 billion shares, accounting for 74.6% of the shares. There is currently no evidence that the public holds less than 25% of the shares.<img src=\"https://static.tigerbbs.com/766a48d50b2df89f1017cb5cec24641f\">In September 2018 and February this year, the assets of individual customers of Kingston Securities were frozen twice. Among them, on September 17th last year, the Hong Kong Securities and Futures Commission issued a notice to three securities firms, including Jinlifeng Securities, Zhongnan Finance and HSBC Financial Securities (Asia), prohibiting the relevant securities firms from disposing of any assets in the account of the chairman of a listed company as the beneficiary in any way without the consent of the Securities and Futures Commission, with a total value of 10.168 billion yuan.An investigation by the Hong Kong Securities and Futures Commission found that the chairman of the listed company was suspected of conspiring to plan a fraudulent plan, which caused the group to lose about 10.17 billion yuan. The securities and cash held by this person in the above three securities firms were estimated to have a total of 4.64 billion yuan at that time. The person may have been overseas or under investigation in the Mainland in connection with an alleged corruption case.David Webb, an independent stock commentator, wrote an article to dismantle the mystery. It is estimated that the frozen account this time belongs to Yang Zhihui, chairman of Landing International (00582), and pointed out that the listed company that lost more than 10 billion yuan in the incident is suspected to be China Huarong (02799).In February 2019, another customer account assets of Kingston Securities were frozen by the China Securities Regulatory Commission, involving more than 3.8 billion yuan. On February 15th, the Hong Kong Securities and Futures Commission issued a restrictive notice to three securities firms, including Jinlifeng Securities, changjiang securities Brokerage (Hong Kong) and Haitong International Securities, prohibiting the relevant securities firms from disposing of the assets in certain customer accounts in any way without the consent of the Commission, up to a total value of 3.814 billion yuan.An investigation by the Hong Kong Securities and Futures Commission found that a listed company was suspected of disclosing false or misleading financial information, and raised a total of 3.814 billion yuan in 2015. As for the suspects who disclosed false or misleading information, they were two senior managers of the listed company. They were also suspected of misappropriating about 258 million yuan of the proceeds from listing fund-raising. Part of the misappropriated funds were deposited in company A, and company A has a margin account in the above-mentioned securities firm and holds shares of the listed company.Zhu Yuehua said that the incident had no impact on the company, stressing that it only implemented the requirements of the Hong Kong Securities Regulatory Commission, and the company was not the object of investigation. As for whether there will be any more customers whose assets will be frozen in the future, she said it is difficult to control.In March 2019, it was reported that the Hong Kong Securities Regulatory Commission searched the headquarters of Kingston & Fung (01031). It is understood that the search lasted at least nearly 5 hours, and the scale of the search was much wider than the normal monitoring scope in the past. Later, Chief Executive Zhu Liyuehua responded that the Hong Kong Securities Regulatory Commission was searching customer information this time, and the search had nothing to do with Kingston. The company will issue an announcement later. Please pay attention to the announcement.According to industry insiders, because there is no price limit, there are many phenomena of skyrocketing and plummeting shell stocks in Hong Kong, basically ignoring the fundamentals, and there is the possibility of sitting in the village and manipulating, so investors need to be cautious.\n<div class=\"bt-text\">\n\n\n source：<a href=\"https://www.gelonghui.com/p/325044\">格隆汇</a>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/1850038de1273a54c3d227b433eda05c","relate_stocks":{},"source_url":"https://www.gelonghui.com/p/325044","is_english":false,"share_image_url":"https://static.laohu8.com/6b8fa6424aebe95f6781d04ef17a1852","article_id":"1150632380","content_text":"最新消息：MSCI今日宣布，经过市场参与者的进一步分析和反馈有关该股的可投资性，暂停将雅高控股纳入MSCI中国指数，直至另行通知，并将继续关注该股。（注：雅高控股在此前近2个月内暴涨约480%，今日暴跌，目前跌幅达98%。）\n港股雅高控股惨遭洗仓，股价暴跌97.33%，报价0.395港元，超400亿港元市值瞬间蒸发，目前公司总市值仅为12亿港元。此前独立股评人David Webb发表文章对前者股价泡沫作出警示称，该公司股价自5月底以来的涨幅令其股价约为有形资产净值的24倍，存在290亿港元的泡沫。David Webb也称，雅高控股十大股东持股比例达84%，公司自2013年12月底上市以来从未派息，并且还处于持续亏损状态中，明智的投资者应该避免持有雅高控股的股票。\n值得注意的是，11月8日，MSCI明晟公布最新半年度检讨结果中，雅高控股获选MSCI中国指数，变动将在11月26日收市后生效。\n公司不寻常波动并非首次，此前多次经历暴涨暴跌。今年年初以来一直到9月份，雅高控股越涨越高，从0.85港元一路涨到9.69港元，区间涨幅高达10.4倍，成为港股少有的10倍牛股。但9月10日公司股价直接暴跌16%，振幅高达45%，9月23日股价遭遇腰斩，暴跌48%。很快，雅高控股又开启了暴涨模式，只11月暴跌前公司股价就暴涨了172%，最高报14.96港元，嫣然30倍一幅30倍大牛股！不过，今日公司股价暴跌97%，逾450亿市值被蒸发，沦为仙股。一会天堂一会地狱，雅高控股将之演绎的淋漓尽致！\n雅高控股此前为何火爆遭爆炒？\n雅高控股的主营业务是大理石矿山勘探、开采、生产加工以及分销，拥有一体化的全产业链业务布局。目前，雅高控股旗下有4家子公司涉及矿产勘探业务，为扩大石材产品种类和市场竞争力，雅高控股去年底收购了一家从事大理石产品的采矿勘探业务公司。而此次获中色地科矿产勘查股份有限公司的入股，对雅高控股勘探业务来说无疑是一大积极影响，有利于开发更多的大理石资源。\n雅高控股之所以遭遇爆炒，财华社分析主要有两个原因。\n其一，持续对外并购以完善产业链带来憧憬。因主业不济，雅高控股开启了多元化扩张之路。去年8月，雅高控股以1.91亿元收购湖北利川市沙溪乡一石灰石矿场以扩大现有石材产品的款式。今年7月，雅高控股斥资4500万元收购碳酸钙生产及销售企业，试图将业务范围由石材开采延伸至石材应用(生产主要作工业用途的碳酸钙)。除了上下游扩大，雅高控股还涉足其他领域，今年8月29日，雅高控股斥巨资收购上海多处物业项目。\n经过去年以来这一系列并购扩张操作，表明雅高控股正试图将产业链进一步延伸，扩大矿石勘探和石材应用业务以发展碳酸钙产销业务，并涉足物业项目增厚业绩，为业务发展提供稳定的现金流。另一方面，雅高控股急需扩展自身现代物流、材料加工(包括大理石加工)及供应链金融业务，以发展商品贸易提升盈利能力，为扭转业绩颓势创造了条件。\n其二，大股东的推波助澜。在今年9月中旬股价创纪录新高后，雅高控股股价由9月13日惨遭腰斩，至10月3日收盘跌幅超7成。惊现高台跳水，不免让投资者心惊。而股价大起大落不排除是雅高控股大股东的有意为之，今年2月22日，雅高控股股东张涛清仓减持其所持的1.08亿股股份；5月20日，另一股东秦寅清仓减持了约1.6755亿股股份，套现约1.42亿港元；7月30日，股东China First Capital Group Limited也减持了8000万股股份，套现约1.8亿港元。\n400亿市值瞬间蒸发，发生了什么？\n观察公司最近今年业绩，可以发现，雅高控股业绩波动非常大，且近年来业绩不断走差。截至2018年，公司营收遭腰斩，录得5.45亿元；净利爆降19倍，从2017年的845万转为亏损近4亿。2019年中期业绩虽然有所好转，但净利依然录得2880万元的亏损，营收再度遭遇腰斩，而公司现金流逐渐恶化，账上现金只剩8228万元，现金减少1790万元。不仅如此，公司一边收购一边减持，庄股痕迹明显。今年2月22日，雅高控股股东张涛清仓减持其所持的1.08亿股股份；5月20日，另一股东秦寅清仓减持了约1.6755亿股股份，套现约1.42亿港元；7月30日，股东China First Capital Group Limited也减持了8000万股股份，套现约1.8亿港元。8月29日公司，周成九减持了1.64亿股，而这次的减持正好发生在公司股价涨10倍的前两天。\n沽空率居高不下，11月份以来公司沽空比率一直在20%以上。公司第一大经纪商再现金利丰，金利丰持股13.28%，此前暴跌的金汇教育、中国环保能源都和金利丰有着千丝万缕的联系。本次雅高控股暴跌或与港证监对庄股、老千股的打击有关。过去十几年间，朱太为数十家内地企业在港上市融资提供协助，客户遍及福建、上海、北京等地。由她经手的上市公司超过150家，因其眼光之独到而被媒体称为“壳后”。金利丰证券持股金汇教育74%，股价一度暴跌逾60%。而中国环保能源有家子公司叫金利丰集团有限公司。\n金利丰在近年来一度以运作港股市场上三四线细价股上市及“借壳”等活动闻名，并带动众多内地富豪、企业与本地富豪参与，其经典案例包括在2009年为从事电池配件生产的中策集团（00235-HK）操作“蛇吞象”式收购台湾南山保险，以及与多名富豪共同发动电信盈科（00008-HK）私有化等。\n近两年，香港证监会对金利丰证券两度冻结客户资产，甚至直接到金利丰证券母公司金利丰金融（01031）位于中环国金一期的总部搜集资料。目前有报道指港证监正对老千股、庄股等操作进行严打。有市场人士猜测，不排除金利丰在严打前丢车保帅，逐步退出部分壳股。\n金利丰证券屡陷风波，港证监直接入总部搜查\n2018年1月，有“壳后”之称的朱李月华旗下旗舰，以承销创业板股票、细价股上市等闻名香港的金利丰金融（01031-HK）被香港证监会点名指股权高度集中，公众股东仅持有8.347%的股权。被证监会点名后股价一度暴跌三成，不过公司声明称，仅查询后确认公众持股已超过25%。\n新浪港股查询发现，2018年年报，主力月华持有公司101.57亿股，公司总股本136.14亿股，持股占比74.6%。目前并无证据表明公众持股不足25%。在2018年9月及今年2月先后两次冻结金利丰证券旗下个别客户的资产。其中，去年9月17日香港证监会向三家证券行发出通知，包括金利丰证券、中南金融及汇丰金融证券（亚洲），禁止有关证券行在未得该会同意下，以任何方式处置一名上市公司主席任受益人的帐户内任何资产，以总值101.68亿元为限。\n香港证监会调查发现，该上市公司主席涉嫌串谋策划欺诈性的计划，令集团或已损失约101.7亿元。该人于上述三家证券行所持证券与现金，当时估计共46.4亿元。该人当时可能身处海外或于内地就一宗涉嫌贪污案接受调查。\n独立股评人David Webb撰文拆解疑案，估计今次被冻结的户口属蓝鼎国际（00582）主席仰智慧所有，又指事件中损失逾百亿元的上市公司疑为中国华融（02799）。\n2019年2月，金利丰证券再有客户帐户资产遭证监会冻结，涉额逾38亿元。香港证监会2月15日向三家证券行发出限制通知，包括金利丰证券、长江证券经纪（香港）及海通国际证券，禁止有关证券行在未得该会同意下，以任何方式处置若干个客户帐户内的资产，以总值38.14亿元为限。\n香港证监会调查发现，一家上市公司涉嫌披露虚假或具误导性的财务资料，并在2015年集资共38.14亿元。至于披露虚假或具误导性资料的受疑人，为该上市公司两名高级管理层，二人并涉嫌挪用上市集资所得中约2.58亿元，部分被挪用的资金存入公司A，而公司A在上述证券行中设有保证金帐户，并持有该上市公司的股份。\n朱李月华表示，该事件对公司并没有影响，强调只是执行港证监的要求，公司并非被调查对象。至于未来会否再有客户被冻结资产，她表示难以控制。\n2019年3月，有报道称香港证监搜查金利丰（01031）总部，据了解最少搜查近5小时，且搜查规模远较以往的正常监察范围广。其后行政总裁朱李月华回应，港证监这次是搜查客户资料，搜查本与金利丰无关，稍后公司会发公告，请留意公告。\n业内人士表示，由于无涨跌幅限制，香港壳股暴涨暴跌的现象较多，基本不看基本面，存在坐庄和操纵的可能，投资者需谨慎。","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":4064,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":2,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}