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In the first two months, the sales area of new houses decreased by 5.1% year-on-year. Mainland Real Estate stocks faced setbacks at the beginning of trading, with RADIANCE HLDGS (09993) falling by 4.03%.
Jinwu Finance | Mainland Real Estate stocks faced setbacks in early trading. As of the time of writing, RADIANCE HLDGS (09993) dropped 4.03%, COUNTRY GARDEN (02007) fell 1.92%, CIFI HOLD GP (00884) decreased 1.82%, AGILE GROUP (03383) declined 1.64%, CHINA RES LAND (01109) lost 1.49%, and CHINA OVERSEAS (00688) went down 1.22%. In terms of news, on March 17, the National Bureau of Statistics announced that from January to February, nationwide investment in Real Estate Development totaled 1072 billion yuan, a year-on-year decrease of 9.8%, with the decline narrowing by 0.8 percentage points compared to the previous year's total.
CIFI HOLD GP (00884.HK) plans to hold a Board of Directors meeting on March 31 to approve the annual performance.
Glory Finance reported on March 19 that CIFI HOLD GP (00884.HK) announced that the Board of Directors will hold a meeting on March 31, 2025 (Monday) to approve the full-year results of the company and its subsidiaries for the year ending December 31, 2024, and issue its announcement, as well as consider the distribution of the final dividend for 2024 (if any).
CIFI HOLD GP: DATE OF BOARD MEETING
Xuhui Holdings (00884) is pragmatically advancing the Overseas debt restructuring and has reached a consensus on the optimization plan with the creditors' group.
On the evening of March 18, Xuhui announced that it had discussions with a group of overseas Bonds holders to explore options for revising the proposed restructuring terms, and had reached a principled agreement with the overseas creditor group on several revisions to the restructuring support agreement (including the amended term sheet).
Express News | CIFI Holdings - Amendments to Rsa to Include Certain Grace Periods for Payment of Interest, Among Others
Express News | CIFI Holdings - Intends Completion of Proposed Restructuring Will Reduce Liquidity Pressure
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