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Poly Property Sells 2 Billion Yuan of Corporate Bonds
A unit of Poly Property Group (HKG:0119) issued 2 billion yuan of corporate bonds to qualified investors on Monday, a same-day bourse filing said.Of this, 1.2 billion yuan of the bonds have a term
Poly Property Group's Subsidiary Issues Bonds
Poly Property (00119.HK) issued 2 billion yuan of corporate bonds.
Poly Property (00119.HK) announced that its wholly-owned subsidiary, Poly Real Estate Group Co., Ltd. ("Shanghai Poly Real Estate"), has successfully issued the second phase of corporate bonds due in 2024 ("2024 Corporate Bonds ") to qualified investors. The scale of the 2024 corporate bonds is RMB 2 billion, including RMB 1.2 billion with a term of 3+2 years and a coupon rate of 2.45%, and RMB 0.8 billion with a term of 5+2 years and a coupon rate of 2.83%. 2024.
Sinolink Securities: Third Plenary Session of the 18th CPC Central Committee first proposed real estate. Second-hand housing prices in Beijing and Shanghai increased month-on-month.
The communique of the Third Plenary Session on the policy front first proposes to prevent and resolve real estate risks and point out the direction of future real estate development. It is expected that the previous policy of destocking will accelerate its implementation, restrictive policies will continue to be relaxed, and the new model of "indemnificatory apartments + commodity apartments" will accelerate its construction, speeding up the process of market stabilization.
According to Zhongzhi Research Institute, the merger and acquisition activity in the real estate industry continued to increase in June.
According to Zhongzhi Research Institute monitoring, there were 17 merger and acquisition trades in the real estate industry in June 2024, an increase of 2 compared to the previous month.
Poly Property Logs 7.4 Billion Yuan in June Contracted Sales
Poly Property Group's (HKG:0119) contracted sales amounted to 7.4 billion yuan in June, according to a Friday filing with the Hong Kong Exchange.The contracted area sold was 347,000 square meters at a
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