1862 key employees of Vanke stand in front.

Weight of confidence.

wallstreetcnJul 12 09:23 ET

Long-established state-owned developer says goodbye to real estate.

Ten years ago, Dong Mingzhu, then chairman of Gree Group, said that Gree should not focus on real estate business, but should focus on home appliances; ten years later, this became true. Gree Real Estate, which has separated from Gree Group, has decided to withdraw from real estate development business. On July 7th, Gree Real Estate announced that it will gradually withdraw from real estate development business in Shanghai, Chongqing, Sanya and other places, and plans to sell corresponding assets and liabilities; at the same time, it has updated its restructuring plan for Zhuhai Duty-Free Group, planning to buy no less than 51% of the equity of Zhuhai Duty-Free Group and promote Gree Real Estate's main business transformation to duty-free business.

wallstreetcnJul 9 21:52 ET

Vanke paid off this year's US dollar bonds at one go.

Improve liquidity.

wallstreetcnJun 5 10:21 ET

The boss of the housing enterprise tasted the sweetness of the New Deal

Author | Editor Cao Anxun | Zhou Zhiyu's new property market policy is being implemented at an accelerated pace. On May 28, Guangzhou issued an article to follow up on the New Deal. The number of visitors to the Poly Merchants Huafa Central Mansion in Old Huangpu, which had just been open for three days, increased significantly on the same day, and responded to the policy to support a 15% down payment ratio for the first package. Sales are also actively promoting policies to customers to solicit customers. Previously, as the first project launched in Guangzhou after the “517” New Deal, the Central Mansion had caught up with a wave of excitement stimulated by the New Deal. It lost about 40% in one day and sold 180 units. Within three days of opening, 220 units were sold, with sales exceeding 700 million yuan. An industry insider in the Guangzhou market pointed out that

wallstreetcnMay 30 08:26 ET

Shenzhen Railway once again lends a helping hand to Vanke

Unleash liquidity.

wallstreetcnMay 27 06:55 ET

Binjiang strengthened its determination to get out of Hangzhou

Empowering Shanghai.

wallstreetcnMay 22 09:37 ET