Jing Rui, are you broke?

Before Jing Rui went bankrupt, Jing Rui Holdings, a Hong Kong stock, suddenly plunged, with the deepest drop of nearly 80%, and then rebounded, but it still closed down 47.83%. Usually, this trend of stocks will be particularly passive to real estate companies. On the other hand, the epidemic has also had a great impact on Jingrui's sales. Due to many projects in the Yangtze River Delta in Jing Rui, the company's contracted sales in April 2022 was only 905 million yuan, down 77.4% year-on-year. In the first four months of 2022, the accumulated contract sales were about 365,438+36 million yuan, down 74.7% year-on-year. The pressure on all sides in Jing Rui has doubled.