Accor Holdings, which failed in “Mounting”, plunged 98% on Thursday and fell 30% after the resumption of trading on Friday
It finally closed at 0.28 yuan, down 8.2% and the turnover reached 930 million yuan. MSCI issued a further statement on Friday that it has initiated an independent review after receiving a number of market participants questioning Accor’s liquidity and liquidity and decided to suspend Accor’s inclusion in the index until further notice.
The Yazhou Plateau is scheduled to be included in the MSCI China All-Share Index after the market closes on Tuesday (26th), but the MSCI is rarely stopped on Thursday. The news dragged Accor to 98% in a single day and the market value evaporated by nearly 45 billion yuan. MSCI explained on Friday that Accor was included in the index in terms of market capitalization, liquidity and liquidity, and was therefore included in the index. However, MSCI received market participants’ opinions and questioned the authenticity of Accor’s liquidity and whether there was enough Liquidity supports its inclusion in the index. MSCI then conducted an independent review and agreed with the concerns of market participants, thus overturning the decision to include Accor in the index.
Carson International Bomb 4.8 times unrecovered lost ground
As for the same catastrophe on Thursday, Carson International (00496) resumed trading in response to the short-selling institution Blue Orca Capital. On Friday, there was a “retaliation” rebound. The stock price once surpassed 6 times and closed at 2.63 yuan. It rose 4.8 times in the whole day and the turnover reached 740 million yuan, but it was still 40% lower than the stock price before the attack.
Carson International refuted the allegations of killer whale capital point by point and retained legal rights. Among them, Carson International explained that after considering the depreciation of the RMB and the increase in operating costs, it decided to sell the car leather and furniture leather manufacturing business to the chairman’s family, thereby streamlining the business
The sales price has been determined based on the relevant financial information and the valuation of the independent property valuer. Carson International also pointed out that after the sale of the business, the relevant debt has been transferred to the buyer’s hands and has not been retained in the company’s accounts.
Regarding the allegations of Cambodian project development, Carson International’s joint venture company has acquired 266,000 square meters of land in Cambodia, of which nearly 262,000 square meters of land ownership has been transferred to the joint venture company, and the actual development of the water park plan is evaluated. Regarding the allegations concerning the South Asia project in Hainan Island, Carson International acknowledged that the project development progress was slower than expected, and it still continues to handle land title certificates with the local government, emphasizing that Sanya’s development projects are not scams.