Macroeconomic policy:
1. Construction Bank: It plans to invest in the establishment of a housing rental fund, with a fundraising scale of 30 billion
Recently, Construction Bank announced that the bank plans to invest in the establishment of a housing rental fund. The fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund fund
The target positioning and investment direction of the fund is: to transform it into rental housing by investing in real estate companies’ existing assets, increase the supply of market-oriented long-term rental housing and affordable rental housing, and explore a new model of real estate development that combines both rental and purchase. Through funding and establishing funds, China Construction Bank has further promoted the implementation of the housing rental strategy, and operated market-oriented, law-based and professionally, acquired existing assets of real estate companies, strengthened cooperation with relevant parties, helped explore new models of real estate development and promoted the stable and healthy development of the real estate industry.
2. Jiangmen City, Guangdong Province: 3 preferential policies were issued to increase the interest subsidy loan amount for undergraduate talents
Recently, the Jiangmen Housing Provident Fund Management Center of Guangdong Province also issued three preferential policies, and phasedly increased the interest subsidy loan amount for undergraduate talents with undergraduate and above. This includes increasing the housing provident fund interest subsidy loan amount for talents with bachelor's degree or above from September 24 to December 31, 2022. In addition, starting from September 24, 2022, the maximum loan amount for employees to purchase fully decorated newly built commercial housing housing provident fund will be increased. In addition, starting from September 24, 2022, in accordance with the "Notice on Issuing the "Jiangmen Talent Work Bureau of Jiangmen Municipal Human Resources and Social Security Bureau on the Accreditation, Assessment and Recommendation Measures of Jiangmen High-level Talents" (Jiangren and Social Security Bureau [2020] No. 32), high-level talents identified, evaluated and recommended by Jiangmen City can enjoy a number of preferential policies.
3. Dongying City, Shandong Province: The housing provident fund loan amount for families with multiple children increased by up to 200,000 yuan
Recently, the Housing Provident Fund Management Center of Dongying City, Shandong Province issued the "Notice on Supporting the Use of Housing Provident Fund for Families with multiple children". The content points out that if a family of multiple children who purchase the first home and have not used housing provident fund loans, the maximum loan amount will increase by 100,000 yuan if one person pays housing provident fund. If both spouses pay housing provident fund, the maximum loan amount will increase by 200,000 yuan; the calculation coefficient of the loan amount is adjusted from 2 to 3, and the upper limit of the monthly repayment to monthly income ratio is adjusted from 50% to 60%.
According to the "Notice on Adjusting the Policy for the Use of Housing Provident Fund" issued by Dongying Housing Provident Fund Management Center on June 1, 2022, the loan amount will be adjusted from June 1, 2022. If an employee family purchases the first self-occupied house and has no housing provident fund loan record, the loan amount will be adjusted from one person to one person’s maximum housing provident fund deposit of 300,000 yuan to 400,000 yuan, and two people’s maximum housing provident fund deposit of 500,000 yuan to 600,000 yuan.
Therefore, according to the new policy, for families with multiple children who purchase their first home and have not used housing provident fund loans, the maximum provident fund loan amount is 800,000 yuan.
4. Jinhua City, Zhejiang Province: Buyers who purchase second-hand housing online signing in urban areas will be given a subsidy of 1% of the deed tax amount
Recently, with the approval of the Jinhua Municipal Government of Zhejiang Province, in order to better meet the reasonable needs of home buyers, the Jinhua Municipal Construction Bureau will subsidize buyers who purchase second-hand housing in Jinhua urban areas and apply for online signing in from September 26 to December 31, 2022, at 1% of the deed tax amount .
Currently, the first and second sets of mortgage loans (LPRs) of commercial banks in the city have dropped to 4.1% and 4.9% respectively. First-hand second-hand residential housing purchase subsidy is the first time. The maximum loan amount of the first and second houses of housing provident fund employees increased to 800,000 yuan and 500,000 yuan respectively, the highest in recent years; the down payment ratio of the first and second house loans was 30% and 40%, respectively, the lowest in recent years. In addition, the online signing data provided by Jinhua Real Estate Service Center shows that from September 1 to 20, the transaction volume of newly built commercial housing and second-hand housing in the city increased by 32.2% and 14.1% month-on-month respectively.
Financing trends:
1, Xiamen Guomao : The face interest rate of the company's bond of 1 billion yuan was determined to be 3.19%
On September 23, Xiamen Guomao issued a face interest rate announcement for the public issuance of corporate bonds (second phase) to professional investors in 2022. Xiamen Guomao has been approved to issue corporate bonds with a total face value of no more than 5 billion yuan (including 5 billion yuan) to professional investors, and the installment issuance method is adopted. Among them, the planned issuance scale of this bond is not exceeding 1 billion yuan (including 1 billion yuan). The issuance period of this bond is 5 years, and at the end of the third year of , the issuer's redemption option, the right to adjust the face interest rate option and the investor's repurchase option.
2. Jinmao Group: It plans to issue 2 billion corporate bonds, with a term of 5 years
On September 26, Jinmao Group issued an announcement on the issuance of corporate bonds (Phase 4) to professional investors in 2022. The issuance amount of this bond is not exceeding 2 billion yuan, with a term of 5 years. It is accompanied by the issuer's face interest rate adjustment option and the investor's resell option at the end of the third year. For fixed-rate bonds, the face value rate of the bond will be determined by negotiation between the issuer and the lead underwriter based on the results of the offline inquiry bookkeeping. The funds raised are used to repay the principal of the resold corporate bonds or to replace the own funds to repay the principal of the corporate bonds.
3, China Construction Third Bureau : It plans to issue 3 billion yuan of short-term financing bonds over , with a term of 26 days
On September 26, China Construction Third Bureau disclosed the prospectus for the ninth ultra-short-term financing bonds for 2022. The lead underwriter and bookkeeping manager of this bond is China Minsheng Bank Co., Ltd., and the joint lead underwriter is China Everbright Bank Co., Ltd., with a registered amount of RMB 5 billion and the issuance amount of RMB 3 billion. The issuance period is 26 days and is unsecured. The purpose of the funds raised this time is to supplement the working capital required for the company's production and operation activities.
4, Huafa Group : It plans to issue 1 billion yuan of ultra-short-term financing bonds, with a term of 270 days
On September 26, Beijing Financial Assets Exchange disclosed the issuance documents of Huafa Group's eighth ultra-short-term financing bonds in 2022. This bond is planned to be issued 1 billion yuan, with a term of 270 days, and all funds raised will be used to repay the principal and interest of existing debts. Among them, the lead underwriter and bookkeeping manager of the bond is Hangzhou Bank Co., Ltd. , and the joint underwriter is Guangfa Bank Co., Ltd.
Investment trends:
1, Shanghai's third batch of land supply: China Construction Second Bureau , Jianfa, Nanshan and Lujin all won
On September 26, the third batch of centralized land supply in Shanghai in 2022 continued. A total of 45 plots of land in Minhang , Jiading , and Qingpu District were sold on the same day, of which 4 of them hit the top transaction, with a total of 15.9 billion yuan in cash.
Among them, the 53-01 plot of MHPO-1403 Unit 53-01 by Huacao Town, Minhang District was won by Nanshan Group for 1.736 billion yuan through a one-time quotation. The floor price is 38,136 yuan/square meter, and the premium rate is 8.96%.
0B-01 plot of JDC1-0403, Juyuan New District, Jiading District, was won by Lu Jin & Xiangyu through a one-time quotation and was won for 1.592 billion yuan. The floor price is 22,751 yuan/square meter, with a premium rate of 9.38%.
Unit 112b-02 and 112b-05 of Gumeibei Community, Meilong Town, Minhang District were won by Jianfa through a one-time quotation and won the bid for 5.2001 billion yuan, with a floor price of 58,875 yuan/square meter, with a premium rate of 8.95%.
H3a-01 and H3b-01 plots on the west side of Qingsong Road, Xiayang Street, Qingpu District were won by New Huangpu &Allon through a one-time quotation, and won the floor price of about 951 million yuan. The floor price is 24,225 yuan/square meter, with a premium rate of 7.09%.
The last piece of land in Jiading New City, Jiading District was sold. In the end, the land was won by China Construction Second Bureau, with a transaction price of 951 million yuan and a premium rate of 0%.
Business trends:
1. Xiangsheng Holdings: Breaking through the liquidation resistance and resumed trading at 9:00 am on September 26th
On September 26th, the Hong Kong Stock Exchange announced that Xiangsheng Holdings resumed trading at 9:00 am on the same day.In addition, on September 23, Xiangsheng Holdings issued an announcement stating that on September 22, Shenwan Hongyuan Strategic Investment (Hong Kong) Co., Ltd. submitted a liquidation petition dated September 16 to the Cayman Islands Grand Court for the outstanding financial liability of approximately US$50 million. Xiangsheng Holdings said it will strongly oppose the petition. However, in view of the impact of Section 99 of the Act, the Board of Directors of the Company would like to remind shareholders and potential investors that transfers of shares made on or after the commencement date will be invalid without the approval order of the Grand Court. At the request of Xiangsheng Holdings, the company's shares have been suspended from trading on the Stock Exchange from 9:16 am on September 23. Xiangsheng Holdings has applied to resume trading of the company's shares on the Stock Exchange from 9:00 a.m. on September 26.
2. Langshi Holdings: A strategic cooperation has been reached with Wuxi Liangxi Urban Investment
On September 26, Langshi Holdings Group and Wuxi Liangxi Urban Investment Group held a strategic cooperation signing ceremony at Shanghai Langshi Green Center to reach a consensus on deepening business cooperation, strengthening brand linkage, and improving the level of refined project management. Wuxi Liangxi Urban Investment Group, established on September 12, 2016, is mainly engaged in urban renewal , industrial renewal, shantytown transformation, asset management and smart city operation, environmental protection industry and restructuring and merger fund investment. Longshi Holdings Group was established in 2001 and has implemented a development strategy focusing on green differentiation since 2004. It has three listed platforms: Longshi Green Management, Longshi Green Life and Longshi American Real Estate.
3, China Evergrande : Hong Kong Evergrande Center is on sale again, Li Ka-shing still has a chance
On September 26, the China Evergrande Center Building in Hong Kong is currently being sold by Savills exclusive agent, and the bid cut date is October 31, 2022. China Evergrande Center has been reported many times that it will be sold. At the end of July this year, Li Ka-shing's Cheung Shi Group submitted the bid . At that time, the property was valued at about HK$9 billion, but then it was reported that the property had been taken over by CITIC Bank as a creditor. The property is released again this time, which means that Li Ka-shing's Cheung Kong Group still has a chance to win.
4. Poly Property: Launches the industry's first real estate entrusted brand "Poly Holdings"
On September 24, the first store of Poly Property's new service brand "Poly Holdings" was officially unveiled in Poly Zichen Garden, Foshan, as the first real estate entrusted brand in the industry. Polycus houses focus on the needs of owners and focus on real estate entrustment, extending the full-scene service content such as real estate transactions, consulting services, asset operation, , gold medal housekeeping, home decoration and home furnishing and other full-scene service content. The brand positioning "provides one-stop real estate entrustment services for owners in the whole chain and all scenarios", and the brand concept "provides full-school services for owners selling, renting, and maintaining houses."
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-