900 million was invested in the Wang Leehom 20 18 global concert. Why did the market value of the contemporary East fall by more than 10 billion instead?

In the secondary market, investors are busy fleeing from the contemporary East. The day after the announcement of the investment concert, the share price of Contemporary Oriental opened higher and went lower, closing down 4.33%. After the news of entering the wedding industry was disclosed, the share price fell by 1.87%. In the past three days, the company's share price has fallen by 10% and its market value has evaporated by more than 10 billion yuan. What is the answer behind this? ?

The term of this contract is from August this year to the end of 2020. Specifically, Contemporary Oriental and a company registered in Cayman Islands.

Hongsheng Culture Holdings Co., Ltd. signed an agency contract for the world tour concert. It is estimated that the total investment of the concert will be 600 million to 900 million yuan, including the production cost of the concert of 350 million yuan.

If these two bonds are issued successfully, Contemporary Oriental will get more than1800 million yuan, which will undoubtedly greatly ease the financial pressure of the company. However, the progress of these two bond issues does not seem optimistic. Up to now, 1 year has passed, and there is no news of successful bond issuance.