Wei Qiao Group 30 Billion Debt Ceiling, Wei Qiao Textile Market Plunged Nearly 5%
April 22nd hearing was affected by the debt problem of the parent company Wei Qiao group. 02698.HK dropped nearly 5% in early trading, and dropped 2.6% to 1.49 Hong Kong dollars as of the time limit.
On the news side, the China Securities Index recently revealed that the "16 Wei Qiao 01" implied default rate was 8.9973%, more than 7%. Previously, the same "Shandong Wei Qiao 03" and "19 Wei Qiao 01" bonds issued by the Shandong Wei Qiao aluminum and Electric Company Limited of the Wei Qiao pioneering group of the 16 were also encountered in the same situation.
According to reports, Wei Qiao group's bonds are mainly borne by two companies, namely, Shandong Wei Qiao aluminum Electric Co., Ltd. and Shandong Hongqiao New Material Co., Ltd. (hereinafter referred to as "Shandong Hongqiao"). Among them, Wei Qiao aluminum and electricity stocks are currently 6, with a scale of 15 billion 800 million yuan, and the bonds due in one year are about 6 billion yuan.
Shandong Hongqiao currently has 25 stocks of bonds, with a scale of 27 billion 131 million yuan, and the bonds due in one year are about 9 billion 500 million yuan.
Public information shows that Wei Qiao group is a large enterprise with 11 production bases, including textile, dyeing and finishing, clothing, home textiles, thermoelectric and other industries. Since 2012, he has been the top 500 in the world for many years.
- Related reading
Shandong Textile And Garment Materials Supply And Demand Docking Conference Held In Zihe
|
- Finance and economics topics | On The Eve Of IPO, Harbert Was Invested In The HUAWEI Supply Chain.
- Market topics | Last Year, A Net Profit Of 390 Million Of The Joint Venture Shares Was Approved By Indonesia'S 13 Billion Investment In High-Grade Fabric Projects.
- Bullshit | Enjoy Spencer Mcmullen Joint Chuck 70 Shoes.
- Professional market | Tengbang International Is Heading For Bankruptcy, And Its Subsidiaries Are Out Of Control.
- Fabric accessories | Import And Export Of Garments And Textiles In Hubei Increased Several Times In The First Quarter
- Fabric accessories | Two Is Right For Epidemic Prevention.
- Company news | Nike ADI Orders Are Few, The World'S Largest Sports Shoes Leader Baocheng More Than 3000 Employees To Pay Unpaid Leave?
- News Republic | Activate Fashion And Activate Industry! 2020 Guangdong Fashion Week Special Edition
- neust fashion | Into The Tribal Trend, National Wind And Flower Recommendation
- Daily headlines | International Oil Prices Continue To Fall. Russian Presidential Press Secretary: Negative Oil Prices Are Not "The End Of The World"
- The Loss Of Malaysia Textiles Reached 2 Billion 400 Million RMB By Action Control.
- Export Unqualified Masks And Other Medical Supplies Were Checked By Three Enterprises.
- 23 Day Exchange Rate: 1 US Dollars To RMB 7.0887 Yuan.
- March 2020 China Cotton Textile Industry Boom Report
- China Has Become The Largest Producer And Exporter Of Anti Epidemic Products Such As Masks And Protective Clothing.
- Taking The Business Experience And Visiting Lanxi'S Keqiao Textile Market
- Yun Sheng Textile: Epidemic Leads To Export Defeat, Transfer Target, Domestic Sales
- 2020 China International Textile Machinery Exhibition And ITMA Asia Exhibition Postponed Until Next June.
- On The Eve Of IPO, Harbert Was Invested In The HUAWEI Supply Chain.
- Last Year, A Net Profit Of 390 Million Of The Joint Venture Shares Was Approved By Indonesia'S 13 Billion Investment In High-Grade Fabric Projects.