It will affect the decline of stocks, the unemployment of employees, and the lack of after-sales products, which will cause industry turmoil and lead to people's trust in large enterprises.

After Jia Yueting's bankruptcy, the debt problem he faced continued to be concerned. The Jia Yueting Debt Handling Group said that as part of the personal bankruptcy reorganization plan, a creditor's trust controlled and managed by the creditors' committee and trust trustee will also be established at the same time, and all the assets and related income of Jia Yueting recognized by the US court will be transferred to creditors in this way. But I don't know if his bankruptcies are enough to repay creditors.

Creditors will involve a number of banks, all of which are huge property claims. In 217, CITIC Bank responded to the media that it had issued a loan to LeTV in 216, including real estate mortgage and equity pledge guarantee, and Jia Yueting's joint and several liability guarantee. The reporter tried to contact the person in charge of CITIC Bank, but failed to get through.

In addition, Ping An Bank of China is also one of the unsecured creditors in Jia Yueting, with a claim amount of $23 million, or about RMB 1.6 billion. Ping An Bank once transferred the creditor's rights with the principal and interest of LeTV Sports of RMB 468 million, and the guarantee method was mortgage+guarantee, in which the type of collateral was 12 million shares of LeTV held by Jia Yueting. According to media reports, Ping An Bank borrowed 4 million US dollars (about 2.54 billion yuan at the current exchange rate) from LeTV Sports in 215 to purchase the copyright of the Premier League in Hong Kong. The loan was operated by the offshore finance department of Ping An Bank.

Now the news is that Jia Yueting's shares were taken away, so he won't appear on the Rich List. A few days after the Hurun Rich List was published, Jia Yueting filed for personal bankruptcy, and he won't be a rich man in the future.