BK0026 Real Estate Development
- 477.504
- -0.116-0.02%
Three “financial withdrawals” in one day! *ST Carbon, *ST Tongda, *ST Yuancheng will bid farewell to the A-share market
① The listing of three companies, *ST Tongda, *ST Carbon, and *ST Yuancheng, was terminated by the Shanghai Stock Exchange due to financial issues. ② In addition, another stock to be delisted will be traded on the ST Market* during the delisting period.
Shanghai optimizes and adjusts real estate market policies The hot trend in the real estate sector is expected to continue
① Shanghai issued a notice on policies and measures to optimize the stable and healthy development of the city's real estate market. The “Notice” clearly adjusts and optimizes housing purchase restriction policies. ② Qi Dong of Open Source Securities believes that the signal for the central government to stabilize real estate is clear. Future real estate policies will continue to be relaxed, and there is still room to release demand for home purchases. Continue to be optimistic about strong credit real estate enterprises with high investment intensity, excellent layout area, and market-based mechanisms.
Vanke's “Slimming Plan” has made substantial progress, successfully transferring more than 2.2 billion yuan of land at the Shenzhen Bay Super Headquarters
“This transaction is one of the company's initiatives to resolutely implement a slimming and fitness package.” While Vanke is taking the initiative to “slim down,” it has also made a major breakthrough in financing.
Vanke received 20 billion yuan! The largest single real estate loan landed in recent years
In recent years, the real estate industry has secured the largest single loan amount.
The National Manufacturing Transformation and Upgrading Fund, China Grid Investment, etc. invested in this Shanghai Lingang enterprise
① Recently, the National Manufacturing Transformation and Upgrading Fund, China Grid Investment and others invested in Jerry Zhaoxin, a subsidiary of China's Haiphong. This is the first round of financing since its establishment. ② Jerry Zhaoxin is headquartered in Lingang, Shanghai. It has participated in smart transportation and smart city construction in Lingang, Shanghai.
Real estate stocks have rebounded by more than 50%, and are now receiving huge benefits! Big friction “recommended defense”
Many places are following up on lowering interest rates on provident fund loans
[Data review] Military and real estate ETF turnover surged month-on-month, leading to capital game Vanke A
① Today, the turnover of many military and real estate ETFs surged from yesterday. Among them, the turnover of leading military ETF (512710) increased 137% month-on-month, and real estate ETF (159707) increased 114% month-on-month. ② Vanke A, which had gone up and down, was sold by northbound capital and institutions, and bought by two first-tier tourism companies.
A number of ministries and departments are planning to launch a “major initiative” for real estate, and the real estate industry chain may become the strongest main line in the market
① According to Caixin reports, the real estate industry continues to decline, and policies and measures aimed at digesting the stock of real estate and optimizing incremental housing are being prepared. The scope of “insurance handover” rescue may be further expanded, and discussions are under way to buy existing housing. ② Guotai Junan Securities pointed out that the recent intensive implementation of policies has helped repair market expectations and led to an increase in market trading activity.
An inquiry letter on Rongsheng Development's annual income report was asked to explain its solvency. It just defaulted in April
① In 2022 and 2023, Rongsheng Development achieved revenue of 31,892 billion yuan and 58.960 billion yuan respectively. In 2023, the net cash flow from Rongsheng Development's operating activities was -1,483 billion yuan, a year-on-year decrease of 165.84%. ② At the end of 2023, the company's monetary fund balance was 5.231 billion yuan, and the balance of interest-bearing debt was 41,583 billion yuan.
The starting bid price was 2.2 billion yuan to transfer a plot of land in Shenzhen, and Vanke began implementing a “slimming down” plan
① Regarding the plot to be transferred, Vanke told reporters that the current listing and transfer of the plot is one of the company's initiatives to promote a package of slimming and fitness plans. ② While disposing of assets, Vanke is also promoting related financing work in terms of asset revitalization.
Tianjin Jinbin Development: Annual Report 2023 (after correction)
Tianjin Jinbin Development: Corrections to the 2023 Annual Report
The policy continues to increase, and the real estate industry is expected to recover
China Merchants Securities's team pointed out that from a current perspective, if policies and measures related to “digesting existing real estate and optimizing incremental housing” are gradually implemented in the future, it may first help repair credit pricing where some housing enterprises have been “mistakenly killed.”
Vanke's sudden! Wang Shi gave up his 10 million pension!
According to financial reports, on April 30, at Vanke's 2023 shareholders' meeting, Vanke CEO Zhu Jiusheng revealed to the media: “Because Vanke's funds are tight, Wang Shi voluntarily gave up his 2023 10 million pension.”
Lujiazui Trust received 4.2 million yuan in fines involving 7 violations. In total, 3 trust companies have been fined more than 10 million yuan in total during the year
① The trend of continuous strengthening of financial supervision is obvious, and specialization continues to improve. More emphasis is placed on systematic “one game of chess” overall management, and the space for institutional arbitrage is continuously reduced. ② Regulatory penalties are a means. The purpose is to regulate the operation of trust companies, promptly investigate and fill gaps, and avoid industry risks.
Real estate stocks are collectively “agitated”! Shimao Group surged more than 60%. Can we expect the market on the right?
It is expected to transition to the market on the right
Two more listed companies will bid farewell to A-shares! ST Zhongnan and 3 other shares locked in “1 yuan delisting” ahead of schedule, and multiple shares sounded a “face value delisting” alert
① The survival of the fittest in the A-share market is accelerating. This week, *ST Tai'an, *ST Meishang, and ST Zhongnan also locked in face value delisting ahead of schedule; ② 9 companies including *ST Huayi have been delisted since the beginning of the year. The reason 7 listed companies were suspended was that their closing price was below 1 yuan for 20 consecutive days; ③ *ST Meisheng and*ST Civil Control have all touched on the forced transaction delisting situation to sort out stocks that closed below 1 yuan in the A-share market (attached table).
A Thousand Meteorology Sees Shanghai | Lingang, Shanghai: Unlock New Kinetic Energy for Driverless Cars, “Smart Car Eco-Cities” Are Rising|Looking for New Momentum in China's Economy
① Less than 5 years after opening, Lingang has turned the “future travel” scene in the movie into everyday life. Rumor has it that “the sea breeze is full of intelligence”; ② Lingang is actively building a smart car ecosystem and plans to build a smart car eco-city with a full chain, full scene, and all elements over a period of 5 years; ③ Currently, the smart new energy vehicle industry has developed into the frontier industry with the largest economy and the strongest driving benefits in Lingang.
Exclusive|After helping Wanda, the famous private equity agency in Asia, Taimeng will invest in Zhongnan Construction
① Led by the Haimen District People's Government of Nantong City, the controlling shareholder of Zhongnan Construction negotiated cooperation such as debt resolution and equity transactions with Taimeng Investment Group and Jiangsu Asset and other institutions. ② At a communication meeting held in February this year, participants from Haimen District stated that they will support the Zhongnan Group in 7 areas.
It lost at least 16 billion yuan in three years. Zhongnan Construction is on the verge of being delisted at face value, and the progress of debt restructuring fell short of expectations
① Zhongnan Construction announced that it intends to extend the original commitment period to resolve the risk of overdue interest-bearing debts until the end of 2024. ② Closing today, Zhongnan Construction's stock price was below face value for the 11th consecutive trading day.