(Original title: Hong Kong and Chinese real estate stocks bucked the trend and Evergrande sold 19.93% stake in Shengjing Bank | Fangzi Daily)
Source: Financial World Network
Financial World Network September 29 news The two A-share markets both opened low, and the three major indexes collectively fluctuated and fell in the morning. The Shanghai Composite Index fell more than 2% and fell back to 3,500 points. At 3536.35 points, the Shenzhen Component Index fell 1.64% to 14,079.02 points, and the ChiNext Index fell 1.13% to 3175.15 points. In terms of industry sectors, banking, agriculture, and motorcycles broke out. The CITIC Real Estate Index fell by -0.86%, ranking high; the building materials index fell by -2.99%, and the construction index fell by -1.50%.
In the Hong Kong market, the Hang Seng Index rose 0.67% to 24663.50 points. Among the industry sectors, banking, insurance, and real estate ranked the top three.
Among the popular A-share real estate companies, Poly Development (600048.SH), New Town Holdings (601155.SH), and Vanke A have relatively large gains, with increases of 1.32%, 1.07%, and 0.43% respectively. Guangyu Development (000537.SZ) fell to the limit, Sunshine City (000671.SZ), Rongsheng Development (002146.SZ), and Greenland Holdings (600606.SH) fell by -2.80%, -2.25%, and -1.29%. Rear.
China Merchants Shekou Subsidiary provides Guangzhou Yueshang with 450 million yuan loan guarantee, Xinhu Zhongbao issuance of US$250 million offshore bonds
On the news of A-share real estate companies, China Merchants Shekou (001979.SZ) issued an announcement stating that it would provide guarantee for Guangzhou Yueshang, and the guaranteed principal amount would not exceed RMB 450 million. , China Merchants Land Co., Ltd., a subsidiary of China Merchants Shekou Holding, intends to provide joint liability guarantee for Guangzhou Yueshang’s 900 million yuan development loan at a 50% shareholding ratio.
Xinhu Zhongbao (600208.SH) issued a progress announcement on the issuance of overseas US dollar bonds. The total amount of bonds is 250 million US dollars, the annual interest rate is 11%, the issuance price is 100% of the bond’s face value, and the term is 36 months.
Among Hong Kong real estate companies, Chinese Land (00127.HK) led the gains, Evergrande Group rebounded strongly, China Evergrande (03333.HK) closed up 14.98%, Evergrande Property (06666.HK) rose over 8.93%, the first service Holding (02107.HK), Powerlong Commercial (09909.HK), and Zhengshang Industrial (00185.HK) all increased by more than 5%, ranking high.
Among the leading domestic real estate stocks in Hong Kong stocks, CIFI Holdings (00884.HK), Longfor Group (00960.HK) and Sino-Ocean Group (03377.HK) rose by 5.00%, 2.92%, and 2.67% respectively, ranking among the top; R&F Properties ( 02777.HK), Kaisa Group (01638.HK), and China Aoyuan (03883.HK) fell by -1.92%, -1.86%, and -1.52%, respectively, ranking behind.
The Cheung Kong Group obtains an increase of 1.8115 million shares held by the Li Ka-shing family and the sale of 19.93% equity in Shengjing Bank by Evergrande
On the news of Hong Kong stock real estate companies, according to the information of the Stock Exchange, from September 21 to September 27, 2021, Cheung Kong Group (01113.HK) obtained the Li Ka-shing family’s shareholding increase at an average price of 42.50-43.45 Hong Kong dollars per share. A total of 1.8115 million shares, involving approximately 78.003 million Hong Kong dollars. After the increase, the Li Ka-shing family’s latest shareholding number was 1,684,182,593 shares, and the shareholding ratio rose from 46.17% to 46.22%.
China Evergrande (03333.HK) announced that its wholly-owned subsidiary sold 1.75 billion non-tradable domestic shares of Shengjing Bank to Shenyang Shengjing Financial Holding Investment Group Co., Ltd., accounting for 19.93% of Shengjing Bank’s issued shares for consideration. It is 5.7 yuan per share, for a total of 99.93 billion yuan. After the completion of the share transfer, the shares of Shengjing Bank held by Shenyang Shengjing Financial Holding Investment Group accounted for 20.79% of the bank’s total issued shares and became the bank’s largest shareholder.
Ministry of Housing and Urban-Rural Development: Strictly supervise the implementation of compulsory standards for seismic fortification of construction projects
On September 27, the State Council Information Office held a regular policy briefing to introduce the relevant situation of the “Regulations on the Anti-seismic Management of Construction Projects.” The “Regulations on the Anti-seismic Management of Construction Projects” (hereinafter referred to as the “Regulations”) were promulgated on July 19, 2021, and came into force on September 1, 2021. According to reports, my country is a country with frequent occurrences of earthquakes. About 58% of the country and 55% of the population are in areas with high earthquake intensity above 7 degrees. In earthquake disasters, a considerable part of the casualties are mainly caused by the collapse of buildings.
Shenzhen: Strictly check the land purchase funds for residential land, and local financial institutions are under supervision
According to news from the Shenzhen Municipal Local Financial Supervision Administration of Guangdong Province, on September 24, the bureau issued the “Notice of Six Departments including the Shenzhen Local Financial Supervision Administration on Strengthening the Verification Requirements for the Sources of Funds for the Purchase of Land for Commercial Housing.” It is mainly aimed at enterprises participating in the bidding of residential land in Shenzhen and financial institutions within the jurisdiction of Shenzhen. It is intended to strictly verify the land purchase funds of Shenzhen’s commercial housing land bidding, auction and listing, and to further strengthen the supervision of land purchase and financing by real estate development enterprises.
At the same time, bidding companies must not directly or indirectly use various financing funds of financial institutions as land purchase funds; land purchase funds must not use loans or advance payments from upstream and downstream affiliates of the industrial chain, and must not use loans from other natural persons, legal persons, or unincorporated organizations. Use financing from non-real estate companies controlled by participating bidders, etc. In addition, bidding companies need to explain the source of the land purchase funds and promise to provide their own funds, provide corresponding certificates, conduct a complete demonstration through bank records and other proof materials, and make commitments to the above requirements, and submit the “Land Purchase Fund Commitment Letter” and accounting affairs The audit report provided.