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TIMES CHINA (01233.HK): Approximately 81.04% of the total outstanding principal debt within the scope held by creditors have joined the restructuring support agreement.
On December 20, Gelonghui丨TIMES CHINA (01233.HK) announced that, based on the information currently available, approximately 81.04% of the total principal amount of unpaid debts held by creditors within the scope of holding have joined the restructuring support agreement. The company sincerely thanks the creditors for their strong support to date.
Express News | Times China - Holders of 81.04% of Aggregate Outstanding Principal Amount of in-Scope Debt Have Acceded to Rsa
According to the Central Finger Research Institute: In November, the average transaction price of second-hand Residences in 100 cities fell by 0.57% month-on-month, while the Volume in Shenzhen doubled year-on-year.
Data monitoring shows that in November 2024, the average price of second-hand Residences in 100 cities is 14,278 yuan per square meter, a month-on-month decrease of 0.57%, narrowing the decline by 0.03 percentage points compared to October; a year-on-year decrease of 7.29%.
Keari Real Estate Research: In November, the Residence market transactions maintained a high level for the year.
In November, the supply scale grew month-on-month and year-on-year, with the supply volume in 100 typical cities at 15.07 million square meters, a year-on-year decrease of 26.3%, but a month-on-month increase of 43.4%.
Statistics Bureau: From January to November, national Real Estate Development investment decreased by 10.4% year-on-year.
Today, the National Bureau of Statistics released data showing that from January to November, national Real Estate Development investment was 9363.4 billion yuan, a year-on-year decrease of 10.4%; among which, Residence investment was 7119 billion yuan, a decrease of 10.5%.
CITIC SEC: The policy framework continues in 2025, with increased policy support helping the Real Estate sector stabilize and rebound.
In the medium to long term, China's real estate market has a broad base of genuine demand, and the supply-side reform has basically been completed, providing a promising development prospect for high-quality Real Estate Development companies.
Venture118 : Nothing concrete, I’m not surprised…. Continue like tis may go back to last low
spirit99 : China to almost double support for unfinished housing projects to $737 billion
【官方定调,房地产终于触底】https://www.backchina.com/news/2024/10/18/939490.html
103725026 : What happened?
103725026 : Oh, no movement.