On a July afternoon in Ninghai, the sun is strong and the sun is dazzling.

It is very easy for sleepiness to sweep in, making people drowsy and not wanting to move. Even the birds in the trees didn't bother to forage for food, resting in the trees with their mouths open. The only one who is still tirelessly hoarse and trying to call is probably the only one who knows.

Most financiers take a nap at lunch, but the news doesn't take a break.

A word quietly popped up in the message box on the ND software -

"Huigong International Credit Rating Co., Ltd. has downgraded the main credit rating of Kangyang Construction Co., Ltd. to -, and the rating outlook has been downgraded to negative through the analysis and evaluation of the credit status of Kangyang Construction Co., Ltd."

Tang Yuwen of Hengchuan Asset Management also did not have a lunch break.

At noon, she usually goes to the gym near the company to run or jump, and then eats some fruit salad and chicken breast for lunch after the workout.

At this time, she had just taken a hot shower after a run.

When she was packing her things, she subconsciously glanced at her phone, and the latest news that popped up on the screen caught her attention.

Huigong International Credit Rating Co., Ltd. downgraded the rating of Kangyang Construction again? The outlook has turned negative? Is it really going to be an accident?

Negative, that is, the future credit rating of the rated person may have a downward trend, and the negative outlook given by the rating agency is usually to remind investors to be aware of the risks.

Generally speaking, the outlook is negative, indicating that the company may have relatively normal production and operation at present, but sales collection will slow down, cash flow pressure will increase, and uncertainty about future operations will increase.

She recalled that a few months ago, the little girl who was an intern in the department made a report on Kangyang Construction.

At first, she really didn't notice the problem of Kangyang Construction, but later this little girl brought it up, and several of their researchers studied it in depth.

Later, I really found that this company does have some problems, and I think about it, if there is no such little intern, will Hengchuan be planted on this target?

It's hard to say.

Thinking of this, she will think of Song Hewan's appearance again.

This little girl is also interesting, she is only a sophomore, and she has not finished her professional classes. But when I talked to her about market analysis and industry views, she was able to say a lot of insights, which were clear and logical. c

I think that when she entered the industry, she was not as good as her, and it was really the back waves of the Yangtze River pushing the front waves.

Tang Yuwen finished cleaning up and went to the light food store on the first floor to buy a grilled seasonal vegetable salad with mango shrimp and avocado.

This is her most common lunch, fresh green leafy lettuce with cherry tomatoes, broccoli, mangoes, etc., to ensure the intake of dietary fiber and vitamins. Fresh shrimp and eggs can supplement protein, not to mention the business value of avocados, and can also enhance satiety.

About 10 minutes, Tang Yuwen returned to the workstation of Hengchuan Asset Management.

At this time, it was not yet time to go to work, and most people were still taking a nap, so she opened the food box lightly. At this time, I saw several messages popping up in the message box of the mobile phone.

"Zhongpeng Credit Rating Co., Ltd. downgraded Kangyang Construction Co., Ltd.'s main credit rating to -, and the rating outlook was downgraded to negative."

"The credit rating of Kangyang Construction Co., Ltd. has been downgraded to -, and the outlook has been downgraded to negative."

"Yuanyang Credit Rating (China) Co., Ltd. downgraded Kangyang Construction Co., Ltd.'s main credit rating to -, and the rating outlook was downgraded to negative."

Several of the top credit rating agencies in China have successively downgraded the rating of Kangyang Construction, and the pace is surprisingly consistent.

Tang Yuwen's eyes widened in surprise.

Oh, these credit rating agencies compete for customers on weekdays, you come and go, no one is convinced, and they don't stop yin and yang with each other. At this critical moment, they have become more aligned?

Looking at it this way, several of them have got some news one after another.

In this way, it is inferred that the bonds issued by Kangyang Construction before are most likely not intended to be repaid? Will this old construction company really choose this way?

Or is it really irreparable?

Will it default at all?

Tang Yuwen muttered in her heart that there was no precedent for default in the market. However, there have been cases where rating agencies have downgraded one after another and revised their outlook to negative.

She didn't dare to think that if this was the case, there would be big changes in the fixed income market in the future.

"Tang Yuwen, you can take a trip." I don't know when, Ling Yi stood behind her, she had been thinking about Kangyang Construction, but she didn't notice it.

Tang Yuwen put down her chopsticks and mobile phone, "Mr. Ling, what's the matter?"

"You've seen the news too, what do you think?" Ling Yi didn't show his expression.

"Mr. Ling, like the main body of the domestic market before, although there are many rumors that they may default, such as the super yang bond of the previous year and the Nanyang Youhua last year, but in any case, they have completed the payment in the end. Generally speaking, banks will also renew loans to prevent bad debts from rotting in their own hands, so that enterprises can also have a chance to breathe."

Tang Yuwen thought for a while, and then continued: "But this time it seems to be different from the past, this time, several major domestic rating agencies have coincidentally downgraded Kangyang Construction with a negative outlook. In particular, Huigong International, who is the rating agency that issued bonds before Kangyang Construction, must have a deeper understanding of Kangyang Construction than other institutions, and he has been downgraded twice this year, which is really extraordinary."

Ling Yi smiled, this was a rare smile on his face, "What about your conclusion? Will Kangyang Construction default on the contract?"

Tang Yuwen groaned slightly, although her boss was in a state of chatting, she couldn't easily draw conclusions, and then she showed a professional smile, "Mr. Ling, I think the probability of default will be relatively large, and the probability of my prediction can be 70%."

"Huh." Ling Yi smiled again, and then said, "It's okay, just talk casually, you go and get busy."

Tang Yuwen was about to return to her workstation, when Ling Yi said as if she remembered something, "By the way, the intern before, do you still have contact?"

"Are you talking about Song Hewan?" Tang Yuwen pondered and said.

"Yes, that's her."

"If you have contact, some time ago you asked me when Hengchuan's summer internship recruitment will open! Counting the days, in a few days, she should be about to take the final exam, and the summer vacation is about to be."

"Oh, okay."

Seeing that Ling Yi had no intention of continuing to chat, Tang Yuwen continued to return to her workstation to eat her lunch.

The time was just past 1 o'clock in the afternoon, and the workers of Hengchuan Asset Management also woke up one after another to start their afternoon work, and Tang Yuwen had not finished lunch. However, she will not crepe these trivial matters and continue to cook.

blamed the boss for delaying her meal.

Ling Yi naturally didn't care about this, and curiosity drove him to the human resources department in stride.

"Hao Rui, I just woke up." Ling Yi asked.

"Eh, Mr. Ling." Liu Haorui was sleepy-eyed, cleared his throat, and said to Ling Yi, "I slept late last night watching the game, and I rested for a while at noon, and I slept quite soundly."

He is not very old, but he has never been humble or arrogant when dealing with the leaders of various departments.

"Haha, last night was Real Madrid vs. Barcelona, it was really exciting."

"Hat-tricks, three times behind and three equalisers. I've seen history as a new generation of champions." Speaking of football, Liu Haorui was interested, and he was sleepy.

Ling Yi saw that he was relieved, and continued, "ESS is indeed a genius."

Seeing that Mr. Ling praised his idol, Liu Haorui was even happier, and he wanted to regard Ling Yi as a confidant at the moment. However, he suddenly realized that Mr. Ling, who is usually not smiling, would not come to him at work at noon just to talk about football, right?

Liu Haorui straightened his thoughts, "Mr. Ling, look, I get excited when I talk about football, and I forget about business, what is the matter with you coming to me?"

Ling Yi is no longer polite.

"Oh yes, there's a little thing I want to ask you."

"You say."

"I've heard we're looking for summer interns again, right? Our department, how is it arranged this time

of?" Ling Yi asked.

Liu Haorui pondered in his heart, the quota of a summer intern, this time ...... Why does Mr. Ling still have to ask? Didn't he arrange two female interns for him last time, and he was dissatisfied?

Liu Haorui thought for a few seconds and pointed to the stack of printed materials next to him, "This time, there are a lot of people recruited on the asset management side, and there are 6 people, according to what I said before, your department needs 2 places, the investment banking department needs 3, and the legal side also needs 1." Now, the initial screening has been completed, and there are a total of 20 students to choose from.

"Then you're welcome." Ling Yi took the material and began to flip through it.

Liu Haorui began to mumble in his heart again, isn't it, Ling Yi wants to arrange an intern?

He is a personal elite, and he can be the HR of a large company, so he naturally has a seven-trick heart.

This kind of thing is not uncommon in financial institutions. It's just a vacation internship, and there are often people who ask for relationships and put someone in, but it's nothing.

Moreover, basically you can find the resources of Hengchuan Asset Management, either your own conditions will not be too bad, or the strength of your family will not be too bad.

Anyway, he depends on the meaning of the department.

But what Ling Yi was thinking in his heart was not like this at all, he quickly flipped through Song Hewan's information, and at first glance saw her intention department, the investment banking department.

In my heart, I immediately began to feel a little uncomfortable.

This little white-eyed wolf turned out to be arrogant and aimed at the investment banking department!

"Hao Rui, isn't our investment banking department not recruiting girls?" Ling Yi asked at the moment.

Liu Haorui and Monk Zhang were confused, Ling Yi's question had no beginning or end, how could Mr. Ling interfere in the affairs of the investment banking department?

"Mr. Ling, it's true that you won't recruit it." He replied truthfully.

"Well, is she going to be eliminated?" Ling Yi asked again.

Liu Haorui glanced at the material, he had a little impression, this girl was very good, and he had an impression of her during the winter vacation internship.

It's just that there are many boys who apply for interns this time, and all departments don't like girls, so she is likely to be eliminated. Ling Yi deliberately asked at this time, what does it mean?

Thinking about it, he left a glimmer of room when he spoke, "The investment banking department may indeed be out of play, does your department have any plans this time?"

Seeing this, Ling Yi said in passing: "That's right, I was quite satisfied with her internship in our department last time, so I'll give her one of the places in our department."

I see.

This girl was lucky to meet Ling Yi's eyes. It is estimated that he is capable of making this "patriarchal" Ling Lao change his mind.

Liu Haorui was also happy to be a favor, and said without hesitation: "Okay, listen to you, Mr. Ling."