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Here's Why Hangzhou Binjiang Real Estate GroupLtd (SZSE:002244) Has A Meaningful Debt Burden
Hangzhou Binjiang Real Estate Group (002244.SZ) intends to register the issuance of medium-term notes and short-term financing bonds.
hangzhou binjiang real estate group (002244.SZ) announced that, in order to further broaden the company's financing channels and optimize the financing structure...
Hangzhou Binjiang Real Estate Group (002244.SZ): A subsidiary won a plot of land in Nanjing's Jiangbei New Area for 1.351 billion yuan.
Hangzhou Binjiang Real Estate Group (002244.SZ) announced on November 28 that on November 28, 2024, its subsidiary Nanjing Binjiang Property Development Co., Ltd., won the bid for the land located east of Fengchu Road and north of Tianpu Road in Jiangbei New District, Nanjing (NJJBd030-11-13), with a bid price of 1.351 billion yuan. The land is designated for residential use with a planned area of 49066.61 square meters and a plot ratio of ≤1.6. The company currently holds a 40.78% equity stake in the project on the aforementioned site.
After a Year of 3.7% Returns, Hangzhou Binjiang Real Estate Group Co.,Ltd's (SZSE:002244) Share Price Drop Last Week May Have Less of an Impact on Institutional Investors
Guolian: The effects of the policy are becoming apparent, with marginal improvements in property/a-reit market sales in October.
According to the national statistics released in January-October 2024, the report on the basic situation of the national real estate market shows that the year-on-year decline in sales area, sales amount, and completed area has all narrowed.
Zhongtai: Policies stimulating the real estate industry to stabilize and rebound significantly in sales.
In October, the industry's sales growth rate showed a significant rebound, and market sentiment stabilized. On one hand, the effects of continuously easing policies began to emerge; more importantly, the Politburo meeting proposed the idea of "stopping the decline and stabilizing," allowing for the restoration of market confidence.
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