Mainland real estate developer "SOHO China" (0410) sold equity to Blackstone Group (Blackstone) and hit the rocks. The chairman of the board of directors, Pan Shiyi, was recently photographed showing up in the United States with his wife Zhang Xin. His movements have attracted much attention.
"Hong Kong 01" checked the entry and exit records of the United States and found that Pan Shiyi was in the United States most of last year and this year. After leaving the country for a short time at the end of July this year, he re-entered New York on August 7 and did not show any re-exit records.
Since 2014, Pan Shiyi and his wife have begun to sell their real estate projects in Shanghai and Beijing. In recent years, they have frequently purchased American assets. News about his withdrawal from China is endless; his son Pan Rui has also been accused of slandering martyrs and was notified by Beijing Public Security Bureau of criminal detention. , Urged to return to the country to be investigated.
Stayed in the U.S. with a business visa last year and most of this year
According to public information and data, you can check the entry and exit records of the United States.
Pan Shiyi's most recent entry into the United States was August 7 this year, and as of yesterday (September 16), he did not leave the country.
He was in the United States last year and most of this year. After entering New York on January 9, 2020, he did not leave the country until July 29, 2021.
From 2012 to 2019, he entered and exited the United States many times a year.
According to the Hong Kong Companies Registry, Pan Shiyi holds a Chinese passport; US immigration records show that when he entered the country in 2019, he entered the country with a B1 visa, which is a non-immigrant business visa for short stay.
According to US entry and exit records, Pan Shiyi entered the United States in January 2020, left the country in July 2021, and re-entered in August.
(U.S. entry and exit records)
Zhang Xin holds an outstanding talent non-immigrant visa
And Pan Shiyi's wife, SOHO China CEO (CEO) Zhang Xin, holds a Hong Kong Special Administrative Region passport and a Hong Kong ID card. The certificate is named "Pan Zhangxin" and the English name is "PAN ZHANG Xin Marita".
The entry and exit records of the United States show that she holds an "O1 visa", which is a non-immigrant visa for outstanding talents.
On November 19, 2019, Pan Shiyi, Chairman of the Board of SOHO China, and Zhang Xin, CEO, attended the opening ceremony of "Lize SOHO" in Fengtai District, Beijing.
(Profile picture)
Blackstone deal fell through
Since 2014, Pan Shiyi and his wife have begun to sell their real estate projects in Shanghai and Beijing.
In mid-June of this year, the American investment company Blackstone proposed to purchase SOHO China’s issued shares for approximately US$3 billion (approximately HK$23.4 billion). Pan Shiyi and Zhang Xin’s couple retained only 9% of the shares, meaning that he almost sold it. He founded and ran a company for 26 years.
However, Pan Shiyi’s selling plan encountered a regulatory storm. In August of this year, the China Market Supervision and Administration Bureau formally filed a case for review of the declaration submitted by Blackstone in accordance with the Anti-Monopoly Law.
By September 10 (last Friday), SOHO China announced the selling plan after the stock market closed, because all parties agreed that the prerequisites could not be met on or before the final deadline. "Anti-Monopoly Law" approved.
SOHO China started to plunge 40% this Monday (13th), and it continued to fall in the next few days.
The stock price dropped from a high of RMB 4.78 on June 17 this year to RMB 2.02 yesterday (16th).
Appeared in the US Open women's singles final CCTV live broadcast unexpectedly revealed whereabouts
On the day after SOHO China failed to sell, on September 11, Pan Shiyi and his wife Zhang Xin appeared in New York, USA, to watch the women’s singles final of the Tennis Open. The event was broadcast live on CCTV’s sports channel in the Mainland. "Pan Shiyi ran away."
"Lize SOHO" in Fengtai District, Beijing, is the work of the late famous architect Zaha Hadid.
The building is enclosed by two towers and a twisted atrium nearly 200 meters high, which also created the world's tallest building atrium record.
(China News Service)
Once said that it is far from the "red line"
The last time Pan Shiyi and Zhang Xin made a public appearance together in mainland China was in November 2019. They attended the opening ceremony of "Lize SOHO" in Fengtai District, Beijing. At that time, Pan Shiyi was asked by reporters about the sale of assets. He responded, "You go to the announcement. Bar".
On January 8 this year, Pan Shiyi attended the SOHO China online conference and responded to the "three red lines" of domestic real estate financing. He said that SOHO China is far away from the red line and is very safe.
The "three red lines" means that the debt-to-asset ratio after excluding advance receipts must not be greater than 70%, the net debt ratio must not be greater than 100%, and the cash short-term debt ratio must not be less than 1 time.
Zhang Xin once said that the Chinese yearn for democracy
Pan Shiyi and Zhang Xin used to be open-minded. When Zhang Xin was interviewed by CBS' 60 Minutes Current Affairs Magazine in 2013, they believed that "Chinese people desire democracy." When asked if there will be democracy in 20 years, she said "Faster".
In 2014, the SOHO China Fund donated 100 million US dollars to Harvard University to set up a bursary to help poor Chinese undergraduates who went to Harvard. However, it attracted criticism as to why it did not donate to universities in the Mainland.
Sub-Comment on the Sino-Indian border conflict was pursued by Beijing police and urged to return home
Pan Rui, Pan Shiyi's son, is also a hotshot.
In March of this year, during the Sino-Indian border conflict, Pan Rui left a message questioning the death toll in China, "What are their surnames? Who are their first names? Whose sons? Whose husbands? Whose fathers?" He also commented, "Our army has at least one. The camp was buried alive", "have no chance to be buried in the sky."
After that, the Haidian District Public Security Bureau of Beijing announced that Pan Rui had slandered the hero and martyr and caused bad social impact, and that he would be criminally detained. It also alleged that Pan Rui left Beijing on February 2, 2020, and urged him to return to China as soon as possible for investigation and handling.
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Haidian police issued a notice, urging Pan Rui to return to China as soon as possible for investigation and handling.
(Screenshot of Weibo)
SOHO China’s selling transaction fell through, and the stock price was plunged into the major shareholder Pan Shiyi and his wife.
SOHO China's failure to sell the stock price trend has long revealed the mystery!
｜Zheng Kunlun
01News
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