Xuhui (0884) announced that significant progress has been made in overseas restructuring, and that additional financing has been implemented for the “white list” project
The total principal amount of senior notes, perpetual bonds and convertible bonds is approximately 43%
UBS Real Estate Chief: China's Real Estate Will Rebound Within 2 Years
Real estate prices and new construction areas are likely to stabilize by June 2025.
Hong Kong real estate stocks continued their gains. As of press release, Sunac China had risen 24.78%, Shimao Group had risen 21.13%, Ocean Group had risen 15.79%, and Xuhui Holding Group had risen 15%.
Hong Kong real estate stocks continued their gains. As of press release, Sunac China had risen 24.78%, Shimao Group had risen 21.13%, Ocean Group had risen 15.79%, and Xuhui Holding Group had risen 15%.
Intraday Overview | The Hang Seng Index entered a technical bull market, and the Tech Index rose more than 1.7%
Technology stocks strengthened; Shangtang and BYD Electronics rose more than 6%, and NIO rose more than 5%; Youbi Choice rose more than 15%, and the company took the lead in developing the “Tiangong” robot platform.
Changes in Hong Kong stocks | Domestic housing stocks have risen across the board, and Chengdu has completely lifted purchase restrictions. Agencies say other restricted cities are expected to continue to relax
Domestic housing stocks rose across the board. As of press release, Xuhui Holdings (00884) rose 15% to HK$0.345; Ocean Group (03377) rose 15.79% to HK$0.33; Shimao Group (00813) rose 19.72% to HK$0.425; and Vanke Enterprise (02202) rose 13.46% to HK$4.72.
Express News | Xuhui Holding Group announced the progress of overseas restructuring: the plan has been agreed in principle with the 43% group of bondholders
Changes in US dollar bonds | Xuhui Holding Group CIFIHG 6 07/16/25 price fell 1.1% to 8.320
The current price of CIFIHG 6 07/16/25, issued by Xuhui Holding Group on April 29, fell -1.100% yield --%.
Some Hong Kong domestic housing stocks rose, Xuhui Holding Group rose 15%
Gelonghui, April 29 | Xuhui Holding Group rose 15%, Ocean Group rose more than 12%, and Agile Group and Longhu Group followed suit. In terms of news, Xuhui Holdings announced in advance today that it has reached an agreement with the bondholders' group on a comprehensive plan in principle. The bondholders' group holders collectively hold or control about 43% of the total principal amount of Xuhui senior notes, perpetual bonds and convertible bonds.
Express News | Xu Hui: An agreement on the plan has been reached in principle with the 43% group of bondholders
Featured announcements | The total amount of AIA share repurchase plans increased to US$12 billion; Sinopec's net profit for the first quarter decreased 8.9% year-on-year
China Shenhua's net profit for the first quarter was 15.884 billion yuan, a year-on-year decrease of 14.7%; China Life Insurance's net profit for the first quarter was 20.644 billion yuan, a decrease of 9.3% year-on-year.
Xuhui Holding Group (00884) has agreed in principle with the bondholders' group on a comprehensive proposal for a comprehensive solution to the overseas liquidity situation
Xuhui Holding Group (00884) announced the progress of a comprehensive solution to the overseas liquidity situation. It has worked with bondholders...
Changes in US dollar bonds | Xuhui Holding Group CIFIHG 11.581 PERP price rose 1.45% to 5.163
The current price of CIFIHG 11.581 PERP issued by Xuhui Holding Group on April 26 was 5.163, up +1.450% yield-%.
Hong Kong stocks closed (04.26) | Hong Kong stocks rose strongly, Hengke Index surged 13% in a single week, leading the way in technology networks, domestic housing, and brokerage stocks
The Zhitong Finance App learned that Hong Kong stocks rose strongly today, and both the Hang Seng Index and China Index hit new highs in the new year. Among them, the Hengke Index had the strongest performance, surging more than 5% during the intraday period. At the close, the Hang Seng Index rose 2.12% or 366.61 points to 17651.15 points, with a full day turnover of HK$157.242 billion; the Hang Seng State-owned Enterprises Index rose 2.44% to 6269.76 points; and the Hang Seng Technology Index rose 4.61% to 3718.27 points. This week, the Hang Seng Index rose 8.8%, the China Index rose 9.1%, and the Hengke Index climbed 13.43%. CITIC Construction Investment pointed out that the core of the recent rise in Hong Kong stocks
Changes in Hong Kong stocks 丨 Domestic housing stocks rose collectively, with Xuhui and Sunac rising more than 15%
Gelonghui, April 26 | Hong Kong domestic housing stocks rose collectively, Xuhui and Sunac rose more than 15%, Longhu Group rose nearly 14%, Zhongliang Holdings rose more than 12%, Greentown China and Ocean Group rose more than 11%, Xincheng Development, Longguang Group, and Yuexiu Real Estate rose more than 9%, China Overseas Development, China Jinmao and Ajile rose more than 8%, and Shimao Group, R&F Real Estate and C&D International Group rose more than 7%. According to the news, Sheng Laiyun, deputy director of the National Bureau of Statistics, said a few days ago that judging from the data for the first quarter of 2024, the decline in loans to domestic real estate companies narrowed by 1.2 percentage points, which is in line with the implementation of the “white list” financing policy of the coordination mechanism
Intraday Overview | Technology stocks continue to rise, and the Tech Index rose more than 2.5%
Xiaopeng Motors and Shunyu Optical Technology rose nearly 5%, Dongfang Selection rose more than 4%, and Shangtang, Kuaishou, and Jinshan Software rose more than 3%.
Changes in US dollar bonds | Xuhui Holding Group CIFIHG 11.581 PERP price rose 1.884% to 5.187
The current price of CIFIHG 11.581 PERP issued by Xuhui Holding Group on April 25 was 5.187, up +1.884% yield-%.
Express News | After Xuhui's 24 projects received “white list” financing support, the loan rollover and replacement amount exceeded 5.5 billion yuan
Intraday Overview | The Hong Kong Stock Index opened low and moved higher. After the resumption of trading, Shangtang is now up more than 12%
Technology stocks generally rose. Shunyu Optical Technology rose more than 7%, Huahong Semiconductor rose nearly 5%; Great Wall Motor rose more than 12%, and Q1 net profit surged year-on-year.
Changes in Hong Kong stocks | Domestic housing stocks continue to rise recently, and many cities push for housing “trade-in” demand-side policies, which are expected to support the initial stabilization of the property market
Domestic housing stocks continued their recent gains. As of press release, Xincheng Development (01030.HK) rose 5.88% to HK$1.08; China Overseas Development (00688.HK) rose 4.45% to HK$12.68; Yuexiu Real Estate (00123.HK) rose 4.09% to HK$4.07; and Xuhui Holdings (00884.HK) rose 3.92% to HK$0.265.
Changes in US dollar bonds | Xuhui Holding Group CIFIHG 11.581 PERP price fell 7.831% to 4.869
CIFIHG 11.581 PERP issued by Xuhui Holding Group on April 25, the current price of 4.869 fell -7.831%, yield-%.
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