Why did Evergrande choose to borrow Shenfang to return to A shares, and where did Shenfang attract Evergrande?

Evergrande Real Estate has confirmed that it will return to A shares through backdoor 000029 Shenfang A. Recently, Evergrande has made frequent financing moves. According to media reports, Evergrande has raised more than 60 billion yuan this year, and some financing interest rates have reached 12%.

Under normal circumstances, the financing interest rate of housing enterprises is often lower than 9%, and 12% of the funds can be described as expensive. Shenfang A: The suspension of trading shall not exceed 1 month from April/4. Shenfang A (000029) was announced in the evening of April 13.

Extended data:

A-share investment

Precautions:

Precautions for opening A-share securities:/kloc-natural persons under the age of 0/6 are not allowed to open securities accounts, and/kloc-natural persons under the age of 0/6-/kloc-natural persons under the age of 0/8 should provide proof of income when applying for opening securities accounts;

To open a securities account, you need to go to the counter of the securities company in person. To entrust others to open a securities account, a notarized power of attorney must be provided.