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
Longfor paid off RMB 7.1 billion in one go.
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Express News | Chinese Developers' Shares Fall After Central Bank Holds Mortgage Rate
The Ministry of Housing and Construction stated, is the “wave of relaxation” coming in Tier 1 and 2 cities?
Analysts pointed out that for the first time, the Ministry of Housing and Construction proposed to reduce the down payment ratio for the first housing unit in support, exceeding market expectations, and there may be more room for relaxation in high-energy cities in the future.