sua_besta

Number of nuclear tests conducted by various countries #美联储降息 #美国政府停摆

#非洲 Is this how it is?

At the beginning of the reform and opening up, Japan called on European and American countries to help modernize China.
#日元汇率 💹

Archimedes' Nightmare
Archimedes: Give me a lever and I can move the Earth.
Finance Person: Here, this three times leverage is for you.
The next day, the market opened, and Archimedes lost two Earths.
#杠杆 #杠杆操作 #杠杆借币

Xu Jiayin's $7.7 billion overseas trust has been breached

Last month, Hong Kong's High Court made a historic ruling to take control of the global assets of Evergrande Group's founder Xu Jiayin and freeze over $7.7 billion of his assets.
There are several points to pay attention to regarding this event:
First, overseas trusts are not absolutely safe. The court determined that Xu Jiayin's action of transferring assets into a trust during the Evergrande crisis constituted a revocable act under the Fraudulent Transfers Act, thus authorizing the liquidators to directly pursue the underlying assets of the trust. The trust cannot be used as a tool for fraudulent creditors.
Second, the substance of the trust outweighs its form. The court applied a "piercing" review, noting that the trustee retained excessive control. The court concluded that this trust is not independent, and the assets still belong to Xu Jiayin, which must be used to repay debts.
Third, the beneficiaries are family members. Xu Jiayin set up a $2.3 billion trust for his two sons, but the key point is that when this trust was established, the company was already in massive debt, which also harms the interests of creditors.
#恒大 #信托基金

🇩🇪🥵

On September 19, 2025, the People's Court of Haidian District, Beijing, publicly announced the verdict in the criminal and civil litigation case against the defendant Zhai Moumou for extortion. Zhai Moumou was sentenced to twelve years in prison for the crime of extortion and fined 100,000 yuan. The court found that Zhai Moumou had attempted to extort the plaintiff Wei Moumou:

In March 2017, the defendant Zhai Moumou and the victim Su Moumou confirmed their romantic relationship. In May of the same year, the two purchased a property in Hainan Province for a total price of over 3.19 million yuan, with Su Moumou paying a down payment of over 1.99 million yuan. On June 7 of the same year, they registered their marriage. Between July and September, Zhai Moumou proposed a divorce, threatening to report Su Moumou and the company he managed to extort 10 million yuan in mental damages, and demanded that the Hainan property be transferred to him. On July 18, Su Moumou was forced to pay Zhai Moumou 6.6 million yuan, and later changed the purchaser of the Hainan property to Zhai Moumou. After obtaining the aforementioned property, Zhai Moumou continued to threaten Su Moumou multiple times, demanding the remaining money. On September 7, 2017, Su Moumou fell to his death. Zhai Moumou has returned all illegal gains.

Upon review, the civil litigants Wei Moumou and others claimed economic losses due to the death of the victim Su Moumou, including funeral expenses, transportation costs, totaling over 70,000 yuan. The court found that the defendant Zhai Moumou's actions constituted extortion, with an especially large amount involved. Evidence in the case showed that Zhai Moumou and Su Moumou's marriage lasted only 42 days, and they had no joint marital property; the amounts Zhai Moumou sought were personal assets of Su Moumou. Zhai Moumou had no basis for civil claims for compensation or damages at the time of divorce and committed extortion to obtain property.

The court comprehensively considered the nature, circumstances, and social harm of Zhai Moumou's crime and sentenced him accordingly. The compensation claims made by the civil litigants Wei Moumou and others were in accordance with legal provisions, and the court supported them. The public prosecutor, civil litigants, their appointed litigation representatives, the defendant, and the defense attorney attended the announcement of the verdict.

Tsinghua Academic's Online Display of Wealth with 167 Million Annual Salary Reported by Acquaintance! FBI and SEC Jointly Launch Manhunt!

Following the uproar caused by the employee's family member at China International Capital Corporation posting a 'monthly salary of 80,000' on social media, the financial circle has welcomed a 'heavyweight figure' in salary flaunting. Jian Wu, an elite quantitative analyst from Tsinghua with an impressive resume, formerly served as a senior vice president at Two Sigma. This time, he flaunted not a monthly salary of several tens of thousands, but an annual salary slip amounting to 167 million RMB (23.5 million USD).

It was precisely this display of 'subtle superiority' that instantly placed him in the spotlight, igniting astonishment and envy within the financial sector, as well as raising suspicions from companies and regulatory authorities. As the investigation progressed, secrets of his manipulation of investment models and inflation of performance were gradually revealed.

In the end, this 'academic elite' who should have continued to shine at the top of Wall Street fell from the spotlight, becoming a target of simultaneous prosecutions by the U.S. Department of Justice and SEC, and was even listed as a wanted person.

No wonder everyone is becoming a broadcaster~