Garment Industry Has Become The Hardest Hit Area Of Hurun Top 100 Wealth List

Yesterday, Hurun The Institute released the 2012 Hurun Rich List. Affected by the continuous decline of the stock market, "shrinking wealth" has become the most popular topic in this year's list. Among the 1000 entrepreneurs on the list, 469 have lost their wealth, and 37 of them have lost more than 50% of their wealth.

As of last week, since this year, the Shanghai Composite Index has fallen by 7.85%. The current total market value of Shanghai and Shenzhen A-shares has decreased by 993.3 billion yuan compared with the beginning of the year. If new shares are not listed in the year, the market value has evaporated by 1.16 trillion yuan. As a result, the wealth of the rich on the list has generally shrunk. According to the statistics of a reporter from a Shanghai newspaper, 469 of the 1000 entrepreneurs on the list this year lost their wealth, of which 37 lost more than 50% clothing And the retail industry has become the "hardest hit area" for the decline of wealth.

Why does this phenomenon occur? Sun Jianbo, chief macro strategy analyst of Galaxy Securities, said in an interview with our reporter that most of China's solar energy industry is still at the level of providing processing and manufacturing for Europe and the United States. Although the European Union proposed "double anti" and the European debt crisis fermentation had a certain impact on the solar energy industry, the most fundamental is solar energy industry Overdevelopment.

He believes that the surplus of the solar energy industry has caused a serious decline in profit margins. Sun Jianbo analyzed that most of the solar energy enterprises are still in the primary processing state, and they have not sought breakthroughs in science and technology, so their products can not realize value added naturally.

It is reported that Shi Zhengrong, chairman of Suntech Power, who ranked eighth with 21.5 billion yuan in 2008, has a wealth of only 3 billion yuan this year, down 18.5 billion yuan.

When it comes to the shrinking wealth of the clothing industry, Sun Jianbo pointed out that the market value of a single clothing brand in China is still small, and the industry profits generally declined sharply in the economic crisis, leading to the shrinking. Although the clothing industry has developed rapidly in recent years Clothing brand The shaping and development of the brand is still far from enough, and the brand and market value still need a long time to grow.