What is a short company?

It is a limited company established by the promoters according to the laws of Hong Kong or Britain, but it has not appointed the first director and no investors have subscribed for shares, so there will be no business, creditor's rights and debts.

Because it takes time for a company to be registered and established, some people may need to register and establish a company urgently, and then sign a contract or handle other business in the name of the company. Therefore, professional consulting services usually register a large number of companies in advance to purchase. Such a company is both a shell company and a ready-made company.

The use of shell companies is very common in most countries or regions, such as Hong Kong, Singapore, Britain, the United States, Cayman Islands, etc., and there is no risk in most cases. Usually, a ready-made company will not appoint any directors before the sale, and the company has no right to conduct business, so there is no potential risk.

According to a survey in JPMorgan Chase, more than two-thirds of corporate bond investors are bullish, while short positions almost disappear.

The monthly survey of JPMorgan Chase in June 20 19 shows that 68% of investors are optimistic about the short-term prospects of investment-grade bonds, which is higher than 59% in February 20 18.

EricBeinstein, an analyst in JPMorgan Chase, wrote in a report on June 65438+1October 10 local time in the United States that only 3% of the 75 institutional investors surveyed were pessimistic, the lowest level since February 20 16, and the ratio was1last month.

"The recent selling of high-rated bonds has been very orderly," Binstein wrote. "This means that investors are more worried about macro risks than any specific industry risks."

JPMorgan Chase also asked investors to rank the biggest risks of investment-grade bonds. Among them, 32% said it was monetary policy, and 26% said it was the economic growth situation in the United States. More than half of the respondents listed corporate profitability as one of the three major risks. In contrast, only about a quarter of the respondents said that corporate leverage, American politics or the issuance of high-rated bonds were the top three risks.

Baidu encyclopedia-shell company

Phoenix-JPMorgan Chase: The short position of corporate bonds has almost disappeared.