Why didn’t Hong Kong Jiao Group participate in the auction of Rainbow Group?

Hong Kong Jiao Group, because Shenxia Caihong Group is a state-owned enterprise, state-owned assets did not participate in the auction of Caihong Group. According to relevant public information, Zhaohuihui hired Zhang Xiaoli to serve as financial director of its company. The purpose of Zhao's acquisition of Rainbow Group was to sell the land to the Jiao Group in Hong Kong. After Zhang found out, he tracked it to the hotel and was discovered by Lou Cheng. Lou reminded Zhao Huihuang to pay attention to Zhang, but Zhao became furious.