One class alarm: Fiducial break a contact is spreading.
The An Xinxin of deep-set transition predicament is held in the palm (600816) again by eddy of public opinion of be involved in.
On June 7 evening, an Xinxin is held in the palm release be as long as the announcement of 15 pages, the reply hands in place " 9 ask ask greatly " . Announcement shows:
Up to on May 20, an Xinxin is held in the palm fail as scheduled the fiducial project of cash adds up to25, involve amount to be as high as in all11.76 billion yuan.
Suffer afore-mentioned message effects, an Xinxin is held in the palm now (on June 10) open quotation only 15 minutes, share price shows shoot directly, drop stop. Up to closing quotation, an Xinxin is held in the palm still steep fall 9.83% , market prise evaporates exceed 2.5 billion yuan.
25 fiducial projects, exceed the time limit 11.7 billion yuan
The near future, an Xinxin holds cash of delay of product of part be exposinged to the sun in the palm, cause hand in a close attention.
Be aimed at the problem of project exceed the time limit in 9 big questions, an Xinxin is held in the palm disclosed relevant case in detail.
Announcement shows, end on May 20, an Xinxin is held in the palm add up to 25 fail as scheduled the fiducial project of cash, among them onefold capital is fiducial plan 13, involve amount 5.942 billion yuan; Gather capital is fiducial plan 12, involve amount 5.817 billion yuan.
Look from time, afore-mentioned expiring fail as scheduled in the fiducial project of cash:
Expired first half of the year 2018, fail the amount of cash is 62 million yuan about;
Second half of the year expired 2018, fail the amount of cash is 4.812 billion yuan about;
Up to on May 20, expired 2019 fail the fiducial project total amount of cash is 6.886 billion yuan.
An Xinxin is held in the palm express, afore-mentioned fiducial plan client basically are the professional investor that has risk identifying capacity.
Nevertheless, an Xinxin is held in the palm emphasize, when its are creating product of every fiducial plan, all can ask debtor is offerred stronger assure measure, fall in order to assure in the circumstance of debtor break a contact, still carry out corresponding belongings likely.
Data shows, in afore-mentioned projects, the scale that manages category eye actively to touch impawn to assure is 100% , did not cause the culminating risk that fiducial belongings is damaged.
Cash problem is narrated to basically wait for paroxysmal reason because of macroscopical economic situation and vicissitude of the market before, brought about partial project to appear short-term fluidity is difficult.
Nevertheless, because debtor capital catenary ruptures,create product liquidity problem, time of product exceed the time limit still can be spun possibly.
Fiducial tycoon, outstanding achievement big suddenly turn hostile
Regard income of fiducial 2017 business as the industry the first, trust company of head of second of net profit industry, an Xinxin is held in the palm 2018 outstanding achievement big suddenly turn hostile, become entire industry suddenly to pay a copy thereby, because this is caused,also superintend reach public attention.
2018, the outstanding achievement in pairs that An Xinxin holds in the palm encounters slippery iron Lu, battalion closes to fall by 5.592 billion yuan of 2017 reach 205 million yuan, profit of net putting in a mother 's charge turns 3.668 billion yuan by gain for deficit 1.8 billion yuan. Among them poundage and commission net income are 1.538 billion yuan, glide compared to the same period amount to 70.88% .
2017, an Xinxin is held in the palm ever received a train with 5.592 billion yuan battalion 68 trust company the first, net profit also is next to restful and fiducial.
One year between, an Xinxin is held in the palm drop to the end of mat directly from industry bibcock, "Suddenly turn hostile " of extent big, your industry astounded. This also brings about its share price to drop drop endlessly.
At the beginning of 2018, an Xinxin holds share price in the palm to be 10.53 yuan / , up to on June 10, newest share price is 4.31 yuan / , relatively at the beginning of 2018 already cutting sb in two at the waist.
The partial finance capital that An Xinxin holds the main reason that glides outstanding achievement in the palm to be attributed to the wave motion of capital market to bring about its hold gets loss, drop considerably with poundage and commission net income. In addition, an Xinxin is held in the palm still think fiducial business suffers economic situation and relevant industry to superintend the influence such as policy change to exhibit course of study to put delay.
See not hard from inside annals, an Xinxin holds what outstanding achievement glided 2018 in the palm advocate because fasten the in pairs of fiducial business and inherent business income,glide. Be worth what carry is, the four seasons was spent 2018, the poundage that An Xinxin holds in the palm and income are negative number.
To this, an Xinxin holds an explanation in the palm, the department suffers external environment and the effect that superintendency policy adjusts, the part is fiducial pay fails to call in as scheduled be caused by. Its reply says, the company owns really to fiducial business income with metric follow consistency principle from beginning to end, the part with minor possibility reclaims to give in the fiducial pay that did not get to early days in four quarters normally adjust.
Fiducial course of study is senior the personage thinks, the Wu of 2 great undertaking that An Xinxin holds in the palm board piece appear at the same time callback of a huge sum, have the effect that external environment changes already, also exposed the inadequacy of the respect such as control of oneself management, risk, and latter often is more essential cause.
Be vigilant! Frequency of fiducial break a contact is sent
As the endowment canal that breaks firm add transition lasts thorough, fiducial product appears again and again break a contact. Hold in the palm except An Xinxin beyond, since May, already exposed to the sun give fiducial beak a contract many cases:
May, in peaceful is fiducial investor of many when issue to its fiducial product was announced temporarily announcement, say person of financing of relevant and fiducial product cannot agree according to the contract pay principal and interest, the fiducial belongings that causes fiducial plan can't pay the anticipation of fiducial beneficiary beneficiary fiducial interest, make exhibition period perhaps adjourn to fiducial product the decision of cash.
According to report of 21 centuries economy, in peaceful is fiducial have delay or exhibition period to 4 fiducial products at least. Among them, with in peaceful. Heng Tai assembles 18 numbers fiducial plan is capital exemple, this are fiducial the plan is gross 9 period, collect dimensions is made an appointment with 480 million.
Announcement says, the reason of break a contact depends on province of Qinghai of those representing capital of be in harmony casting suffer economy to last influence of pressure of be issued to lower levels, financing area is at present nervous, credit worsens continuously.
On May 24, changsha bank (601577) issue a announcement about litigant matter. Announcement shows, bohai Sea international is fiducial Inc. , fail to pay to this according to contract agreement fiducial be benefited authority transfers cost, continuously break a contact.
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Mere May, fiducial break a contact has appeared piece, not be 9 special case, make the trend of broaden the scope very likely.
Fiducial why can you also explode thunder?
Investment has a risk, fiducial investment is not exceptional also of course.
Stem from the purpose that protects average investor, the doorsill set that superintends a will fiducial investment is 1 million yuan, those have stronger risk to identify ability, stronger risk to bear the investor ability of ability participates in fiducial investment.
Fiducial product is paid close attention to by investor all the time because of higher yield. The gather that issued 2018 is fiducial the product anticipates yield was achieved on average 7.94% , relatively monetary fund and product of bank conduct financial transactions, accrual advantage is very clear.
Nevertheless, suffer superintendency policy effect, in " go passageway " transition is returned to advocate in the process of course of study, fiducial industry also faces numerous risk and challenge.
According to China data of fiducial trade association shows, up to by 2018, asset of be commissioned of 68 trust company of countrywide decreases reach 22.7 trillion yuan, dropped compared to the same period 13.5% , this also is nearly 10 years the incoming letter holds asset dimensions in the palm to drop first.
Up to 2019 1 quarter end, dimensions of asset of be commissioned of 68 trust company of countrywide is 22.54 trillion yuan, relatively 4 quarters end dropped once more 2018 0.7% .
In the meantime, fiducial risk project also is in climb stage by stage litre.
The data of association of Chinese fiducial trade shows, up to 2019 1 quarter end, project of fiducial industry risk 1006, dimensions is two hundred and eighty-three billion and fifty-nine million yuan, ratio of fiducial asset risk is 1.26% , relatively 4 quarters end rose 2018 0.28 percent.
Association of Chinese fiducial trade thinks, this basically results from 2018 finance " go be being superintended lever, by force " below policy, the capital outside bank watch answers a watch quickly, at the same time platform company lifts debt to be restricted, company cash flows opposite insecurity, a few trust company exhibits property more radical, cause exceed the time limit even grow in quantity of incident of break a contact.
With estate kind fiducial for exemple, regard estate as the important channel of financing, 2018 first half of the year, fiducial dimensions amounts to estate three hundred and twenty-six billion eight hundred and fifty-one million yuan, rise compared to the same period 57.31% , estate is fiducial occupy than 37.47% , first what reside of all kinds product.
And in yield respect, first half of the year estate kind the average yield of fiducial product is 7.89% , first what also reside of all kinds product.
Because estate adjusting control and the penetrable type of endowment canal are superintended, severe accuse capital to flow to estate, severe accuse to send debt dimensions and channel. Estate is fiducial those who be faced with is, cash of room look forward to flows opposite insecurity, yearn for very much to capital requirement; Other one side is, estate kind the tall break a contact of fiducial letter. Hai Hang, Bohai Sea, medium peaceful is fiducial and subordinate already of break a contact, the part is concerned with this.
Estate is fiducial itself and be closely bound up of house property cycle, meet adjusting control of the most severe estate, at the same time overlay " go be being superintended lever, by force " policy, most be pounded first.
