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Express News | China's central bank: At the end of the third quarter of 2024, the balance of renminbi real estate development loans was 13.79 trillion yuan, an increase of 2.7% year-on-year.
Express News | Lan Foan: The relevant tax policies supporting the healthy development of the real estate market have been approved according to procedures and will be launched soon.
Express News | The central bank: actively support the acquisition of existing commodity houses for affordable housing, support the activation of idle land reserves.
kwg group (01813.HK): The 5.875% senior notes due in 2024 will be delisted.
Grainstream on November 8th announced that kwg group (01813.HK) disclosed the matters concerning the November 2024 notes. A default event under the terms of the November 2024 notes occurred on May 14, 2023, therefore, the November 2024 notes have been suspended from trading since 9:00 a.m. on May 16, 2023. As of the date of the announcement, the outstanding principal amount of the November 2024 notes is $625,000,000. As stated in such announcements, the group and its advisors are making efforts to ensure the sustainable operation of the group and are actively seeking a comprehensive solution to the overseas debt situation.
KWG Group Reports Growth in October Pre-Sales
In October, kwg group (01813) pre-sales amounted to 0.847 billion yuan, an increase of 11.4% year-on-year.
kwg group (01813) announced in October 2024, the group and its associated enterprises and affiliated companies...
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