曹山石
曹山石|Jul 27, 2026 02:30
In 2021, Country Garden spent 2 billion to acquire 901 million shares of Changxin. Today, this position could be sold for 40 billion, while Country Garden's market value is currently less than 10 billion. But during the real estate winter, after holding the position for three years, Country Garden, under financial pressure, made a tough decision to transfer Changxin shares at the original price to Hefei State-owned Assets. At that time, Changxin's listing was already visibly imminent.
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