Hongkong People Do Not Know Goods, So That Wang Jianlin, The Richest Man, Is Very Angry.

Recently, many people are more concerned about a problem. Why not give Hongkong the face of the richest man?

Only 15 months after listing in Hongkong, Wang Jianlin suddenly announced privatization.

Why? In the year when the Hong Kong Stock Exchange's biggest IPO debut came, Wanda did not enjoy the courtesy of the king.

The issue price was 48 Hong Kong dollars, when it announced that it was only 38.8 Hong Kong dollars when it was privatized, and it even fell to 31 Hong Kong dollars.

Citigroup once gave a valuation of 80 Hong Kong dollars, and the lowest Merrill Lynch also gave a valuation of more than 55 Hong Kong dollars.

On top of the hat of China's richest man, the international banks gave a higher valuation than the issuing price, but H-shares did not buy it. Breaking up was a shame for the richest man.

Lao Wang said, since you don't like me, as a Sichuan person, I still need to be honest. I bought it at the price of IPO, not playing with you.

To Wang Jianlin's disappointment, the average price earnings ratio of H-shares is less than 7 times that of the global price earnings ratio.

No fun! What do Lao Wang want to do? Return to A shares.

One after another, the stock return has already stimulated Wang Jianlin to the boiling point.

Now A shares are hundreds of times the price earnings ratio, Wanda is less than 5 times, return to A shares good money.

Hongkong people do not know goods, so that the rich are very angry, I do not play.

The din society asks for a holder.

10 years of investors, asked him is also real estate Vanke, A shares, H shares have, Hongkong recognized Vanke? The answer is: more than A shares.

Then, the key to the problem is, why does Hongkong not recognize Wanda? As the richest man in China, Wang Jianlin is obviously more imaginative than Wang Shi, who likes to visit the mountains and rivers.

Hongkong people like stories, but prefer cash flow. They feel that a company has good cash flow to be profitable.

Wanda has failed in many years before its A shares failed. A very important reason is that the asset liability ratio is too high.

In 2015, 73% of Wanda, A shares were not recognized, and Hong Kong stocks would be recognized. Wanda said that their asset appreciation has great potential.

Hongkong laughs and says, "don't make fun of it. It's just resources. It doesn't prove your ability. Let's look at your rental rate of return.

Hongkong feels that a little more than 3% of Wanda's rental return is too low to give Wanda high valuation (there are more reasons for Hongkong to abandon Wanda, and reply to the word "richest man" two words, so that we can see the business game of the richest son and father.

Will Wanda be the king's return to the A share replay?

There is a saying that is always "close to the government and away from politics".

In the storm of anti-corruption, one after another, the big guys fall down. Obviously, international capital has not given high value to enterprises that gain profits through government business relations rather than market competition.

In the face of Wanda's return, perhaps shareholders will say that they want to fly on the foot cloth and go all the way to the sky.