New progress has been made in the debt restructuring of several real estate companies, involving about RMB 1.2 trillion of debt liquidation.
Posted Time: 2025 November 6 15:24
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New progress has been made in the debt restructuring of multiple real estate companies, involving about RMB 1.2 trillion of debt reduction.
China News Service, Beijing, November 6 (reported by Pang Qixing) - Since this year, many Chinese real estate companies have made new progress in debt restructuring and reorganization, and the process of risk clearing in the real estate industry has
China Overseas Resources Development Holding Co., Ltd. announced on the 5th that the approval of about $9.6 billion in overseas debt restructuring has been granted by the Hong Kong High Court. The company stated that all conditions for the reorganiza
Liu Shui, director of corporate research at China Index Research Institute, pointed out that the completion of Sunac's debt restructuring is of great significance. On the one hand, the scale of debt has decreased and the pressure on debt repayment ha
Country Garden's debt restructuring has also made new progress. According to the company's announcement on the 6th, Country Garden's overseas debt restructuring plan was voted and approved, of which the restructuring debt was approximately US$17.7 bi
According to the monitoring data of China Index Holdings Co., Ltd., so far, 21 real estate companies in mainland China have received approval or completed debt restructuring and reorganization, with a total debt relief of about 1.2 trillion yuan.
Li Yujia, the chief researcher at Guangdong Provincial Housing Policy Research Center, stated that the core of many corporate debt restructuring plans this time is not extension but direct 'debt reduction' through converting creditor's rights into eq
He pointed out that in recent years, new models of real estate development have gradually taken shape, and some real estate companies that are lightly equipped have achieved performance growth. By 'untying' the balance sheets of companies, allowing t
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