The real estate tycoon has made a name for themselves in the Chaoshan area.
As the most mysterious Chaozhou real estate entrepreneur, Ji Haipeng, the chairman of Logan Group, has always been low-key. During the two years of risk, he has hardly ever appeared in public. However, he has been pushing for debt restructuring in secret, and now he can finally breathe a sigh of relief. On July 11, Logan announced that it had reached an agreement with overseas debt creditors holding more than 92% of the outstanding principal. Currently, the company is actively negotiating with overseas debt creditors to achieve a comprehensive restructuring of foreign debts. At the same time, Logan's domestic debt management has also made significant progress. As of July 10th, Logan
State-owned real estate developers are facing a pivotal moment in their destiny.
Author | Cao Anxun Editor | Zhou Zhiyu Under the continuous weak recovery of the market, Sino-ocean Group, once the "first red chip stock" and the representative of Beijing-style real estate enterprises, could not escape from facing a battle that would determine its future destiny. On June 28, Sino-ocean announced that the overall overseas debt restructuring plan had made significant progress, and discussions with the overseas bank consortium coordination committee had entered the final stage, and agreement had been reached on key terms. Some industry insiders said that following the market practice, after the plan is reached, the company will probably open a signing window for the restructuring support agreement ("RSA"), which will provide important guarantees for the passage of the overall plan. This
AH trends diverge, Hang Seng Index up 0.6%, CNOOC up 4%, national bond futures slightly rebound.
Rare earth permanent magnets concept stocks pull back, photovoltaic and lithography themes also weaken. Hong Kong's real estate, banks, and oil & gas stocks are strong, CNOOC up 4%, Agricultural Bank of China and China Merchants Bank rise more than 2%. After experiencing a sharp drop yesterday, national bond futures rebounded in early trading, with 10-year and 30-year national bond futures contracts rising nearly 0.1% in early trading.
Longfor paid off RMB 7.1 billion in one go.
Towards warmth.
Foshan's richest person invests in real estate to secure profits.
Stay at the table.
Xuhui went one step further when it went ashore
Author | Editor Cao Anxun | One month after Zhou Zhiyu announced the third edition of the foreign debt restructuring plan, Xu Hui achieved phased results. On May 27, Xuhui announced that further progress has been made with the Coordinating Committee, which holds about 59% of the principal amount of foreign debt, and the two sides have agreed to move forward to the next stage, including negotiations and signing a legally binding agreement. Xuhui said that the support of the syndicate coordination committee is another major milestone in the company's search for comprehensive solutions to overseas debts. The company will continue to work with the Coordinating Committee, the bondholders' panel and their advisors to agree on the detailed arrangements for the comprehensive proposal. Xuhui also