文 | 阿尔法工场金融家五六年前种下的摇钱树,变成了随时可能引爆的雷。在2025年偿债高峰期启动后,险资与万科(000002.SZ)真正的博弈刚开始。2018年资管新规出台,房企非标融资渠道被一条条堵死之后,急需融资的万科,与面临“资产荒”的各家险资,换了个方式继续“热恋”。新华保险(601336.SH)旗下新华资管、泰康保险集团旗下泰康资管、华泰保险旗下华泰资管、中国太平洋保险集团(601601...
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