Today’s opening: As a shrimp, don’t be impulsive and be calm.
1. On November 14, the official Weibo of Kaisa Group Holdings issued an announcement, announcing the adjustment of the Jinheng Wealth product redemption plan. In addition to the original cash redemption form, diversified redemption methods such as physical debt repayment from now on will be promoted. The centralized redemption time remains unchanged on the 20th of each month, and is redeemed at RMB 10,000 per person per month. In order to provide more choices and speed up the redemption pace, a non-cash redemption plan is simultaneously launched. debt-debt-solving assets are mainly domestic residential, villas, and shops, supplemented by relevant debt asset packages and income rights of related urban renewal projects. The above assets can fully cover the unpaid principal and interest; at the same time, the asset management company, , is introduced in time to revitalize assets and acquire investors' debts.
Comment: Kaisa owes a lot of money to financial institutions, and financial institutions have already started. So what kind of thing can be used to pay off debts in kind? How to price and how to discount? Want it or don’t? It's too difficult for both creditors and debtors.
2. On November 14, Huang Liangsheng, senior co-director of the Research Department of Centaline Real Estate, pointed out that the first ten months of 2022 (including first-hand and second-hand) purchase and sale contracts worth more than 20 million yuan were recorded, with a total value of HK$84.932 billion, a significant decrease of 59.7% and 50.8% from 3,899 and HK$172.508 billion in the same period in 2021. It is estimated that the overall transactions of approximately 1,800 transactions and HK$100 billion will be made in 2022. The number of ceases will hit a nine-year low after 1,430 ceases in 2013, and the amount will hit a eight-year low after 2014 HK$96.81 billion.
Comments: Starbucks sells coffee, absolutely no small cups. There are only small victories and big victories in battle, and there will never be any failure. The market can only develop healthily and healthierly.
3. The East Market of Yiwu District 2 of the Small Commodity City completed investment, with an estimated increase in revenue of approximately 840 million in 2023. The total number of 478 shops on the 1st to 2nd floors of the East Market of the Second District, which was invested in this investment, has been completed recently. During the investment period, more than 1,400 enterprises and business owners registered to participate in the business bidding, including 1,085 production and business owners that meet the bidding qualifications. Finally, 477 households entered the market through the entry qualification fee bidding method.
Comment: Is the future of Yiwu okay? have no idea.
4. After announcing a comprehensive cash offer on January 8 to obtain antitrust approval, Jinke Service Offer Boyu Capital re-concludes a series of supplementary agreements and cooperation memorandums, paving the way for the development of this listed property management platform after the change of ownership. On November 14, Jinke Service disclosed that Broad Gongga, an investment entity under Boyu Capital, signed supplementary agreements with Jinke Co., Ltd., Huang Hongyun , and Zhouda (Chairman of the Board of Directors of Jinke Co., Ltd.), respectively, stipulating the obligations of Boyu and Jinke Co., Ltd. on commercial cooperation, and revising the commercial terms agreed by the two parties during the cooperation last year. Jinke Services also stated that after the offer is completed, the company will no longer be controlled by Jinke Co., Ltd. and will become the latter's independent property service provider, while Boyu Group is the single largest shareholder.
Comment: Boss Huang is really a monkey essence. He chose a good buyer and also exchanged his own tomorrow for Jinke .
5. According to market news, Sunac Real Estate Group is preparing to reorganize its bond in its territory and is currently negotiating the terms of the restructuring. Up to now, the total scale of domestic bonds and related ABSs of Sunac Real Estate has been approximately RMB 15.4 billion. It is understood that Sunac will be heard at 9:30 am on November 16. The initiator is the natural person "Chen Huaijun" ( Chen Huaijun ), and is the general manager of Anhui Jindadi Housing Development Co., Ltd. As of now, Sunac has not announced that the hearing has been postponed.
Comment: I remember I once said that because Zhou Wu Zheng Wang , Sunac will not fall. I admit that I was wrong and lost to Force Majeure.
6. Kaifeng Municipal Housing and Urban-Rural Development Bureau announced 4 affordable rental housing projects, and the Lankao Hengda Dijing project was included. Specifically, the relevant departments plan to repurchase 1,050 units of the Lankao Hengda Dijing project as a guaranteed rental housing.The Kaifeng Municipal Housing and Urban-Rural Development Bureau announced a total of 1,950 housing units, while the Lankao Hengda Dijing project accounts for about half of the housing units. According to data, the Lankao Hengda Emperor View project is located in the southeast corner of the intersection of Zhongzhou Road and Jiyang Avenue in Lankao County, Kaifeng, Henan Province. The project plans to build 2,884 households, and the main apartment types are 102.21 square meters to 140.64 square meters.
Comment: We are rich and courageous, and we can’t say anything about the accounting skills, I am convinced.
7. Several banks held internal meetings to discuss further increasing the intensity of real estate credit supply. First, for the "whitelist" real estate companies within the bank, they actively provide credit support based on the operation status and sales prospects of residential projects; second, improve the due diligence exemption system, encourage employees of the bank's credit department to deeply understand the capital needs of real estate companies, and provide development loans, bridge loans and other financial services when implementing risk control requirements; third, increase loans for real estate companies' mergers and acquisitions or bond issuance and financing support, so as to encourage real estate companies to effectively solve the capital chain problems of some enterprises through mergers and integration.
Comment: The slogan has been shouted, but the execution level will also require reasonable control of risks, reasonable judgment of the market, etc., and the internal punishment mechanism of the bank has not changed. Therefore, as long as there is no reversal in at the operation level of market entities, financial practitioners who are already active will not be impulsive.
