{"id":177623,"date":"2019-11-21T13:38:21","date_gmt":"2019-11-21T13:38:21","guid":{"rendered":"https:\/\/bm.dev.synology.me\/?p=177623"},"modified":"2019-11-21T13:38:21","modified_gmt":"2019-11-21T13:38:21","slug":"o-bula-a-evaluarilor-s-a-spart-marti-la-hong-kong-investiorii-au-pierdut-miliarde-de-dolari-dupa-ce-un-producator-de-marmura-s-a-prabusit-cu-98-si-s-a-devalorizat-cu-57-miliarde-dolari-intr-o-singur","status":"publish","type":"post","link":"https:\/\/bm.dev.synology.me\/?p=177623","title":{"rendered":"O bul\u0103 a evalu\u0103rilor s-a spart mar\u0163i la Hong Kong: Investiorii au pierdut miliarde de dolari dup\u0103 ce un produc\u0103tor de marmur\u0103 s-a pr\u0103bu\u015fit cu 98% \u015fi s-a devalorizat cu 5,7 miliarde dolari \u00eentr-o singur\u0103 zi"},"content":{"rendered":"<p>\nInvestitorii din Hong Kong au pierdut miliarde de dolari mar\u0163i dup\u0103 ce bula existent\u0103 \u00een jurul a dou\u0103 companii supraevaluate s-a spart, \u00een ceea ce se contureaz\u0103 a fi una dintre cele mai agresive devaloriz\u0103ri din istoria acestei pie\u0163e.<\/p>\n<p>\nUn produc\u0103tor de marmur\u0103 care a crescut cu 3.800% anul acesta \u015fi-a v\u0103zut capitalizarea de pia\u0163\u0103 sc\u0103z\u00e2nd cu 5,7 miliarde dolari \u00eentr-o singur\u0103 zi \u2013 un declin de 98% &#8211; \u00een urma deciziei MSCI-ului de a nu include compania \u00eentr-un index global, potrivit FT.&nbsp;&nbsp;<\/p>\n<p>\nLa finalul \u015fedin\u0163ei ArtGo Holdings mai avea o capitalizare de pia\u0163\u0103 de doar 128 milioane dolari.<\/p>\n<p>\nCompania ArtGo Holdings, care a \u00eenregistrat o pierdere net\u0103 de circa 91 milioane dolari anul trecut, a fost selectat\u0103 pentru a fi introdus\u0103 \u00een indicele MSCI China \u00eencep\u00e2nd cu data de 7 noiembrie.<\/p>\n<p>\nAcest anun\u0163 a f\u0103cut ca valoarea ac\u0163iunilor s\u0103 se dubleze \u00een doar o s\u0103pt\u0103m\u00e2n\u0103, \u00een contextul \u00een care investitorii ar fi vrut s\u0103 profite de evolu\u0163ia generat\u0103 de includerea \u00een indice.<\/p>\n<p>\n\u00cens\u0103 mar\u0163i MSCI a decis s\u0103 revin\u0103 asupra deciziei privind ArtGo \u015fi s\u0103 mai a\u015ftepte, sus\u0163in\u00e2nd c\u0103 \u201enecesit\u0103 continuarea analizei \u015fi monitoriz\u0103rii\u201d.<\/p>\n<p>\nDavid Webb, un investitor din Hong Kong considerat expert \u00een guvernan\u0163\u0103 corporativ\u0103, a anun\u0163at \u00een luna septembrie c\u0103 ac\u0163iunile ArtGo sunt \u00eentr-o bul\u0103 \u015fi a notificat autoritatea de supraveghere financiar\u0103 din Hong Kong s\u0103 auditeze ac\u0163ionariatul companiei.<\/p>\n<p>\n\u201eEi nu aplic\u0103 nicio evaluare pe deciziile ei. Dac\u0103 ar fi f\u0103cut-o, ar fi observat, a\u015fa cum am f\u0103cut-o \u015fi eu c\u0103 ac\u0163iunile se tranzac\u0163ionau la un multiplu de 20x valoarea net\u0103 a activelor, iar asta nu ar fi posibil indiferent de scenariu\u201d, spune Webb.<\/p>\n<p>\nCaruselul supraevalu\u0103rilor urmate de devaloriz\u0103ri bru\u015fte \u015fi violente nu sunt neap\u0103rat ceva nou pentru bursa din Hong Kong. \u00cen 2017, un grup de companii listate au pierdit 6 miliarde de dolari \u00eentr-o serie de sc\u0103deri bru\u015fte care au dus \u00een final la sc\u0103deri de peste 95%.<\/p>\n<p>\nAstfel de companii supraevaluate au fost scoase \u00een eviden\u0163\u0103 de David Webb ca parte a unei re\u0163ele pe care el o nume\u015fte \u201eEnigma\u201d \u2013 reprezent\u00e2nd un lan\u0163 de ac\u0163ionari care printr-o serie lung\u0103 de parteneriate \u015fi participa\u0163ii de\u0163in mai multe businessuri.<\/p>\n<p>\nArtGo nu a fost singura companie care \u015fi-a pierdut aproape \u00eentrega valoare de pia\u0163\u0103 mar\u0163i.<\/p>\n<p>\nAc\u0163iunile companiei Kasen International au sc\u0103zut cu peste 90%, reprezent\u00e2nd o sc\u0103dere de 800 milioane dolari la nivelul capitaliz\u0103rii de pia\u0163\u0103 dup\u0103 ce compania care activeaz\u0103 at\u00e2t \u00een produc\u0163ie de mobil\u0103 c\u00e2t \u015fi \u00een dezvolt\u0103ri imobiliare a fost atacat\u0103 de investitorii pe termen scurt de la Blue Orca Capital.<\/p>\n<p>\nUn cercet\u0103tor de la Blue Orca a atras aten\u0163ia cu privire la o serie de proiecte dezvoltate de Kasen \u00een Cambodgia, precum \u015fi la o serie de active pe care compania le-a v\u00e2ndut sau le-a abandonat.<\/p>\n<p>\n\u201eSingurul segment viabil al Kasen este dezoltarea imobiliar\u0103, acesta fiind ast\u0103zi totu\u015fi un cub de ghea\u0163\u0103 care se tope\u015fte, \u00eenc\u00e2t compania \u00ee\u015fi vinde ultimele active reziden\u0163iale valoroase\u201d, arat\u0103 raportul.<\/p>\n<p>\n&nbsp;<\/p>\n<p>\n&nbsp;<\/p>\n<p>\n&nbsp;<\/p>\n<p>\n&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Investitorii din Hong Kong au pierdut miliarde de dolari mar\u0163i dup\u0103 ce bula existent\u0103 \u00een jurul a dou\u0103 companii supraevaluate s-a spart, \u00een ceea ce se contureaz\u0103 a fi una dintre cele mai agresive devaloriz\u0103ri din istoria acestei pie\u0163e. Un produc\u0103tor de marmur\u0103 care a crescut cu 3.800% anul acesta \u015fi-a v\u0103zut capitalizarea de pia\u0163\u0103 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[510],"tags":[118,161,461,2930,297],"class_list":["post-177623","post","type-post","status-publish","format-standard","hentry","category-actualitate","tag-hong-kong","tag-miliarde","tag-pierdere","tag-prabusire","tag-producator"],"_links":{"self":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/177623","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=177623"}],"version-history":[{"count":0,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/177623\/revisions"}],"wp:attachment":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=177623"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=177623"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=177623"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}