For a time, the market stirred up a thousand waves. What did Zhao Wei do wrong, which led to such severe punishment?
1. What happened to Zhao Wei?
According to the information in the announcement, Mr. and Mrs. Zhao Wei and Wei Long Media mainly have the following problems: During the transfer of controlling rights, Wei Long Media disclosed false records, misleading statements and major omissions in the announcements of Wanjia Culture 20 17, 12, 20 17 and 16.
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2. Wei Long media has false records and major omissions in the information disclosure of financing plans and arrangements. In the inquiry letter with the reply date of 20 17 65438+ 10/2, Wei Long Media said that it pledged financing of149.999 million yuan to financial institutions, and the disclosed financing amount was inconsistent with the actual situation that it planned to raise 3 billion yuan from Wei Long in the financing plan of CITIC Bank. Wei Long Media disclosed in its inquiry letter with the reply date of 20 17 12 10/2 that the payment method is fixed by steps and fixed amount, but it did not fully disclose that the payment method will be dynamically adjusted with the approval of financial institutions. Wei Long Media did not specify the huge uncertainty of financing funds of financial institutions in the announcement, and there were major omissions.
3. Wei Long media did not disclose in time that it failed to reach financing cooperation with financial institutions. 2017 65438+1On October 23rd, Wanjia Group and Wei Long Media learned that their financing plan for Hangzhou Branch of China CITIC Bank was not approved by the head office of China CITIC Bank. Up to 2017 65438+1October 3 1, Wei Long Media has not reached any financing cooperation with any financial institution.
4. There are major omissions in the disclosure of the reasons why Wei Long media failed to complete the financing plan on schedule.
5. There are false records and misleading statements in the information disclosure of Wei Long Media about actively promoting the successful completion of this transfer of controlling interest.
Looking at the whole penalty announcement, we can find that the main problems in Zhao Wei come from the source of funds, information disclosure and information fraud, which eventually led to a series of failures in Zhao Wei's investment. So we might as well take Zhao Wei as a case to analyze the problems of star leveraged investment.
Second, what's wrong with star leveraged investment? In China's investment circle, star investors can be said to be everywhere. Huang Xiaoming, Li Bingbing, Deng Chao and Li are all familiar faces in the investment circle, and Zhao Wei, the most successful investor, seems to be one of them. With her husband Huang Youlong's rich status, Ma Yun's recognition made her a successful model in the investment circle. According to a report in China Times, Zhao Wei has a strong real estate speculation ability, with properties in Beijing, Shanghai, Hong Kong and Singapore, and its French-invested wineries have also attracted much attention.
However, the failure of Zhao Wei's investment in Wanjia Culture actually reflects the investment problems of star investors. Compared with other ordinary investors, star investors can get more help than ordinary investors because they have two stars. This is an era of fan economy. The social influence of stars and the influence of fans are increasing day by day. With the rapid growth of Internet and new media, the influence of stars is no longer limited to traditional media such as movies and television. With the further development of the Internet, many fan economies have gradually evolved into Internet influence, and even the whole market has given stars a high valuation.
This over-fan valuation not only quantifies the value of stars, but also shows the investment of stars. This is because the IP value of first-line stars is constantly expanding and rising, which is of great significance to the capital market and can even attract huge venture capital and credit. These things have also changed the traditional mode of making money by filming, speaking out and attending activities. More and more stars begin to hope to make money through cross-border investment with their influence, resources, funds and the number of fans.
However, we should not forget that the capital market is a highly specialized market. Even a doctor with a financial background, even an "old gun" who has been immersed in the financial industry for many years, can hardly avoid capsizing in the gutter. What's more, these stars are not from financial background. The vagaries of the capital market and the advanced professionalism of financial investment have high requirements for the professional quality, vision, knowledge level and academic qualifications of employees. Stars are obviously in this area.
However, the ability of resource leverage, especially the special empowerment of financial leverage, has made many stars eager to try. This is why Zhao Wei and other stars have been so active in the capital market recently. The punishment of Wanjia cultural incident actually gave the stars a wake-up call, a wake-up call:
First, don't touch the high risk of financial leverage easily. Although the influence of stars gives them the capital of financial leverage, their ability to control finance and grasp the market is actually not enough to support such a huge leverage, so stars must be cautious about financial leverage.
The second is to abide by the rules of financial markets. Even stars should abide by the inherent rules of financial markets. There is no place outside the law for finance, so stars can't take chances. In fact, as long as there is a professional investment consulting agency, stars will not make such mistakes. Since there is a problem, there must be a deep-seated reason behind it.
The third is respect for finance and markets. The financial market is a huge market and a highly specialized market. Everyone needs to respect this market. Even giants like Buffett and Soros need to respect the market and pay attention to its every move. Stars are no exception.
I hope zhao wei event can give some warnings to star investors that investment is risky and it is better to invest cautiously.