The Zhitong Finance app learned that the domestic housing stock market opened high across the board. As of press release,$SUNAC (01918.HK)$A sharp increase of more than 17%,$SEAZEN (01030.HK)$An increase of nearly 13%,$LONGFOR GROUP (00960.HK)$An increase of more than 8%,$COUNTRY GARDEN (02007.HK)$An increase of nearly 8%,$CHINA VANKE (02202.HK)$An increase of nearly 6%.
According to market sources, according to market sources, regulators are drawing up a white list of Chinese real estate agents. It is possible that 50 state-owned and private housing enterprises will be included. The listed enterprises will receive support from various sources, including credit, debt, and equity financing. This list has expanded from the scope of systemically important high-quality housing enterprises at the beginning of this year.
Furthermore, Sunac China issued an announcement yesterday evening stating that all conditions for the company's overseas debt restructuring have been met and will officially take effect on November 20, 2023. This means that Sunac became the first major housing company to complete all processes of domestic and foreign debt restructuring. Sunac China revealed that with the restructuring taking effect, Sunac has resolved the overall debt risk of about 90 billion yuan.
Editor/Somer