Recently, there has been a lot of news about the richest man in the circle.
On October 13, Fan Hongwei ranked 193rd in the global list with a net worth of US$17.8 billion, surpassing Longhu , Yu Yejun , , and ranked throne of "Chinese female richest man".
As we all know, for a long time, the title of "Chinese richest woman" has been occupied by bigwigs in the real estate industry. Country Garden Yang Huiyan and Longhu wu Yajun have both frequently listed on the list.
Now the real estate queens have quietly left the market, making people sweat for the stormy real estate once again.
There is also the richest female Zhang Meilan who was arrested because of real estate.
Picture source: The most Chinese
Mysterious Chinese female richest man was arrested
On October 9, the Saigong Liberation Daily published a report on "Abducting the Chairman of Wanshengfa Group Co., Ltd.".
News source: "Saigong Liberation Daily"
The reason for the incident is simply to put it in. Zhang Meilan, the boss of Van Thinh Phat, is suspected of illegally issuing bonds to raise funds. illegally raised trillions of Vietnamese Dong between 2018 and 2019.
This news caused a big wave of exaggeration in the industry, not only causing a large Vietnamese bank to be run, but also directly collapsed the Vietnamese stock market.
What's even more bizarre is that after Zhang Meilan was arrested, she died mysteriously within a few days.
Zhang Meilan | Source: Finance Network
The cause of death has not been determined, but the charge of her fraud by issuing debts is a foregone conclusion.
After investigation, it was found that many projects under Wanshengfa actually stopped working as early as 2018. But they have been relying on issuing bonds and drawing pie for investors.
What is the background of Zhang Meilan?
One of the largest corporate groups in Vietnam, Van Thinh Phat was founded by her.
million Shengfa Group Building Picture source | The most Chinese
Zhang Meilan gave the nickname "Zhang Mei". His ancestors immigrated to Vietnam during the Qing Dynasty period. They are a Chinese family with deep roots.
The Zhang family, which has been deeply rooted in Vietnam for many years, is a veritable century-old family.
Because they pay great attention to the friendship between the countryside, they have been helping those Chaoshan people who have traveled alone in Vietnam.
In 1991, Vietnam followed China and increased its opening up. Zhang Meilan smelled huge business opportunities. After making a profit of in the trade field, she quickly switched to the catering and real estate industries and founded Wanshengfa Group.
In the era of rapid economic development, Zhang Meilan's real estate business territory spread throughout Vietnam.
Ho Chi Minh City landmark building - Saigon Times Square, is her work.
The Windsor Hotel under her name is one of the most advanced hotels in Vietnam. It has hosted the 2006 APEC Summit.
However, these are still not enough to satisfy her ambitions.
convinced Li Ka-shing to invest in Vietnam, which was her biggest move in recent years.
Image source: Baidu
Li Ka-shing's Vietnamese leader
In recent years, real estate overheating has attracted the attention of the Vietnamese government.
credit tightening is increasing, and Zhang Meilan undoubtedly faces pressure from cash flow .
Coincidentally, Li Ka-shing has been selling out British assets in recent years, holding the cash from the restructuring has nowhere to be placed.
So, Zhang Meilan naturally became Li Ka-shing's best partner in entering Vietnam.
Ho Chi Minh City leaders took a photo with representatives such as Wan Shengfa and Li Ka-shing's Changjiang Industry, etc.
Some people say that the reason why Li Ka-shing favors Zhang Meilan is mainly because of the performance of Shantou businessmen joining together.
But Li Ka-shing, who has always been smart, mainly sees Zhang Meilan's status in the Vietnamese business world and the resources in her hands.
Wanshengfa Group, known as "Vietnam Evergrande", has mastered many golden plots under its name.
Ready-made good land, reorganized capital flow, and many years of operation... Why don't Lao Li do it?
However, Li Ka-shing never expected that just now the news of the cooperation was released, Zhang Meilan was sent to prison!
In the future, we still don’t know where Li Ka-shing’s steps towards Vietnam will go.
But it is certain that Vietnam is definitely not a bone without meat.
In recent years, as Vietnam enters the demographic dividend stage, global foreign capital has entered this untapped country in a crazily way.
Among them, the real estate industry has become one of the hottest industries in the local area.
Last year, list of the best cities with real estate investment in Asia-Pacific region. Ho Chi Minh City ranked sixth, second only to Tokyo, Singapore, Seoul, Shanghai and Beijing.
In April this year, the housing prices in Ho Chi Minh City reached a historical high in the past decade, and the average price of commercial housing in real estate has reached US$3,300 per square meter.
According to relevant data, the Vietnamese real estate industry attracted US$2.7 billion in foreign investment in the first quarter of 2022, exceeding the full year of 2021.
Ho Chi Minh City Land Price in March 2022
Li Ka-shing naturally hopes to complete a huge commercial layout through cooperation with Zhang Meilan.
When we come, we all work together, and heroes are not free from the distance.
Obviously, he did not know this foreign country.
The magical Vietnamese real estate market
Zhang Meilan is not the first real estate tycoon in Vietnam to be imprisoned.
Since the beginning of this year, the Vietnamese authorities have set off a regulatory storm to regulate the crazy rising property market.
At the end of 2021, the boss and son of the New Emperor of Vietnam were arrested on suspicion of fraud.
Image source: Xinhuangming's boss
First, he used a shell company to buy bonds, packaged them and then sold them to retail investors, and frantically cut leeks. If you buy land without developing it, wait for the land price to rise and make money and leave.
For example, a lot of land that Wan Shengfa bought before was rotten there for seven or eight years, and construction has not started.
Although this kind of behavior is inevitably exposed, when it is exposed, how can greedy capitalists be honest and honest when facing the dividends of takeoff?
In addition to real estate developers, there are also a large number of investors who have entered the Vietnam real estate market. How popular is the scene of
? In their mouths, the distance between you and Li Ka-shing is just a Vietnamese house.
Picture source: B station
According to statistics, the outstanding bonds of Vietnam's real estate have reached a scale of 41.4 trillion.
Most of the money here are junk bonds that are lost.
"Use your money to realize my dreams", it is still the familiar recipe.
Image source: Bad reviews
When the world's big ship sways violently, it seems that few rich people can survive.
If the Chinese richest woman Zhang Meilan is still completely defeated. The days of some former richest people are more like cutting their lives with a slow knife.
For example, Singapore's richest man Li Xiting , as the stock price of Mindray Medical fell, its value shrank by billions a day.
, the world's richest real estate industry, sold luxury homes, stocks, and private jets to pay off debts; the richest man in mainland China back then, now the company's cash flow is exhausted, with debts exceeding 50 billion.
Those who once became the richest man are now the old man yesterday, and they are unable to turn things around.
If you look at the history of the entrepreneurship of these richest people, you will find that their successes and failures are not isolated cases.
When we come, we all have the same force, and when we go, we don’t have the freedom of heroes .
The dividends in the era disappear and when it is necessary to travel through the cycle, failure is only the majority.
We don’t have to sigh for them. After all, no one who bets on the fate of ordinary people is worthy of being defended.