The three major A-share Indices fell collectively, Hong Kong stocks rose, SUNAC dropped over 25%, national bond yields rose rapidly, and the offshore yuan jumped by a hundred points.

Today, the People's Bank of China announced the decision to temporarily suspend the purchase of government bonds in the open market, resulting in a sharp decline in government bond Futures, while the offshore RMB surged by a hundred points. SUNAC fell over 25%, following reports that Cinda Hong Kong had filed for its liquidation.

wallstreetcn20:50 ET

Debt issues have attracted attention again. Vanke responded: will actively respond through sales payments, promoting Trade and other methods.

① Regarding the public debt that will expire in 2025, Vanke responded to the media by stating that the company will make all-out efforts to continue raising funds from various aspects, including operations and financing; ② In terms of sales performance, from January to December 2024, Vanke achieved a cumulative sales area of 18.107 million square meters and sales revenue of 246.02 billion yuan.

cls.cnJan 9 01:32 ET

COUNTRY GARDEN management: This year will work hard to find opportunities to revitalize Assets.

① The chairman of the Board of Directors of COUNTRY GARDEN Group, Yang Huifang, clarified that ensuring the delivery of houses and repairing the balance sheet are the core tasks of the company this year; ② Regarding the progress of the Overseas debt restructuring, COUNTRY GARDEN stated that the company is still in contact with major creditor groups to seek their opinions on the implementation of the comprehensive restructuring.

cls.cnJan 7 00:26 ET

It's once again the annual mortgage repricing day, and Banks personnel candidly state that "revenue pressure is increasing." How to stabilize the interest margin under the expectation of interest rate cuts?

① With the arrival of the repricing cycle on January 1st, many industry professionals who spoke with reporters from the Financial Association stated that "revenue pressure is increasing." ② Looking ahead to 2025, many experts believe that the policy interest rates need to be further lowered during the year, and mortgage rates will continue to decline. ③ From the perspective of the Industry, controlling costs remains the primary measure each bank is taking to ease the downward pressure on interest margins.

cls.cnJan 2 08:14 ET

"No price limit" has sparked intense competition: in Peking, the two plots have attracted over 400 rounds of bidding, totaling nearly 18.2 billion.

At the beginning of 2025, the Peking land auction market welcomed a strong start, with two plots sold for nearly 18.2 billion yuan at a High Stock Price. Due to the absence of price limits on these two plots, developers fiercely competed, with a total of over 400 bidding rounds for the two plots.

cls.cnJan 2 08:11 ET

At the end of 2024, the top 100 real estate companies will see a rebound in sales, with the number of companies exceeding one billion reduced to 11.

By the end of 2024, the sales of the top 100 real estate companies will show a tail end market trend; the number of billion-yuan and hundred-million-yuan real estate companies continues to decrease, with the number of billion-yuan companies further reduced to 11 in 2024, returning to the level of 2016.

cls.cnJan 2 03:18 ET