Sunday, January 8, 2012

overpriced stocks be saved

129667889661084142_147A private loans were sudden deaths, raises, Lianyungang, Jiangsu financial circles a series of "walking" event. "As long as the person is engaged in a private lending, no matter with or without associated to their home to collect money, final in a top security company to withstand. "Local sources told Ming Pao said. Main capital stocks (eleven-twenty fifths) some stock cuttingMeat fled certainly regret the sudden boom is not likely in a move investors Gospel: overpriced stocks be saved! A month ago, sail, Ruey Yang two guarantees in Lianyungang city adjacent to the boss of the company running.  On November 25, police confirmed to reporters in Lianyungang, two guarantors incident is drawing to a close, those responsible have been controlled. As a regular financialA useful addition, debit and this criticism.  But the boss running the event of two collateral industry in Lianyungang, but also to the local bank employees. Lianyungang in these cases, the local loan shark, illegally raised funds and guarantee funds chain has been formed between companies.  For the Government, how to regulate and guide the urgent need to address the problem. Sudden death in 2011Years in mid-October, engaged in private lending in Lianyungang Teng Liang suddenly died from disease.  Sudden death without any sign of Teng Liang, causing a run on fund raisers tide and sailed to cooperate with Teng Liang, Ruey Yang two security companies were implicated. Lending relationships between these three are not complex: Teng Liang from the sail company borrowed $ 10 million first, and then changes hands thisLending money at a higher interest Ruey Yang company.  But who could have possibly guessed Teng Liang's sudden death.  On October 16, sail Lv Haiming investment company limited by guarantee boss suddenly disappear, after 3 days, Ruey Yang investment guarantee actual control of the company were Wang Bing also Pao Lu, Wang and more than 60 million dollars of the bank guarantee fund had lost credit protection barrier. On October 20This afternoon, Lianyungang economic and information Committee, the Finance Office and the CBRC promptly investigate and public security departments.  The investigation found that ruiyang partnering banks include industrial and commercial bank, Bank of communications, Bank swtor power leveling, Oriental Bank of Jiangsu. One of those Bank of Jiangsu Lianyungang branch there is a risk of exposure to draft more than 13 million, according to the lines of an internal person to thisReport says, "this is not a loss, will not form bad loans, and have recovered half of the loans. "" Since Wang Bing is doing industrial BoomTown, when running, its still has 5 jewellery store profits per store per year about millions ", Lianyungang, Deputy Bureau Chief of China Banking Regulatory Commission Yin Luming told reporters that" survey size up the situation, Wang Bing assets quickly seized and banks areTo the Court for preservation, and in consultation with borrowing companies replace the guarantee institutions.  "Under the joint efforts of the departments concerned in Lianyungang, Wang Bing returns Lianyungang, surrendered a week after the flight. Wang Bing ruiyang warranty registration company was founded in 2006, Lianyungang various guarantee companies continue to emerge this year. Because of lower the threshold of had been set up, city-wide security companiesTo more than 160 enterprises.  According to local people close to this newspaper revealed that 2008-2009, Wang Bing is no longer focused on the jewelry business in favour of investing in stocks, futures and real estate development. Zhejiang entrepreneurs who have had contact with Wang Bing told a press conference, Wang Bing after the play "more heroic", banks are constantly sought after him. In 2010, ruiyang guaranteeCompanies raise registered capital to $ 60 million. Thanks to guarantee this platform, Wang Bing has attracted various investors, which Teng Liang of 10 million.  In fact after the incident, Wang Bing required to pay interest on the loan sharks for more than 10 million yuan per year. "The stock market, Wang Bing is not professional, needs a lot of money and an endless stream of real estate, Wang BingCould not handle, eventually funding strand breaks ", the entrepreneur said, especially the sudden death of Teng Liang Wang Bing ruiyang company Add.  Yin Luming to this newspaper that the ruiyang guarantee company although the crash occurred because of funding problems, but it involves risks of bank money has been controlled, they don't make too much of an impact. Lianyungang there are approximately more than 160 licensed private security company, itsFinancial guarantee company in 84, covering a bank guarantee for the loan amount of about $ 15 billion, "the risks are controlled within the range of" Yin Luming said.  When in an interview with this newspaper, local Government firmly rejected "Wang Bing send family abroad and away 120 million Yuan," said. Set sail for unlawful deposit-taking sail guarantee company, is the regulatory concernsHuman Lv Haiming in one line of actual control of the company staff. Reporter confirmed that Teng Liang 10 million loan shark payments from sailing guarantee company.  Lianyungang Government departments investigation, sail company suspected of illegally absorbing deposits in public. According to the information obtained by this newspaper, sails guarantee company was established in February 2009, a year later changed its name to sail investment companies,Capital of 10 million Yuan, including Lv Haiming, Li Jizhu funded $ 4.9 million and 5.1 million respectively.  Because Lv Haiming has worked in the construction Bank of Lianyungang branch, and as a branch manager, background and personal network is clear, in its third day after running it was controlled by the police. According to the information obtained from the local banking system by this newspaper, sailing companies involvedEnough violation to absorb public funds of about $ 130 million, absorbing interest in 2 minutes"If it were not Teng Liang dies suddenly, estimation is not very large, but a people in mass due to information asymmetry runs", who has provided $ 500,000 to Dragon Ball financing (interest per month 3) told reporters.  Runs not because the people have also reported sailing company events to emerge. Due to high interest payment in time, sailing company in civilGood reputation the old republic power leveling, "even if the August one after another, did not draw too much attention.  "Such Dragon Ball said of financial funding. Relating sail company's specific circumstances, Lianyungang to the "Troubleshooting" declined to reveal more information. But people in the local banks have confirmed to this newspaper, CCB's original staff after Lv Haiming is controlled by the police from silver"Resign". In addition, Lianyungang running private borrowers more than sail and Ruey Yang two. This newspaper from local bankers Office was informed that the construction Bank more than a month ago former Vice Governors taking Lianyungang xinpu branch involving usury capital of more than 60 million, followed by Gu and his family all running. CCB investigation group headquarters had sent to investigate, Gu returned after the surrender the initiativeTo resign. 12 next page

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