Starting the real estate debt basket and accurately serving the real estate financing needs Zheshang Bank increased its support for real estate.

Chao News Client Reporter Wu Enhui
Recently, the State Financial Supervision and Administration said that real estate is closely related to the lives of the broad masses of the people, and the financial industry is duty-bound and must be strongly supported. On January 26th, the General Administration of Financial Supervision held a meeting to deploy and promote the implementation of the coordination mechanism of urban real estate financing. The meeting stressed that it is necessary to thoroughly implement the spirit of the Central Financial Work Conference, accelerate the implementation of the coordination mechanism for urban real estate financing, more accurately support the reasonable financing needs of real estate projects, and promote the stable and healthy development of the real estate market.
Zheshang Bank actively responded to the national policy call, implemented the relevant requirements of the General Administration of Financial Supervision, took the lead in the interbank market, officially launched the real estate debt basket on January 25, 2024, and independently underwritten and issued the first asset-backed debt financing tool for real estate enterprises.
Through a series of innovative measures, the bank’s real estate bonds provide market liquidity, accurately support real estate enterprises, boost the market confidence of real estate enterprises and help their financing needs while meeting the trading needs of investment institutions.
Initial real estate corporate bond basket
Bond basket is an innovative product launched by China Foreign Exchange Trading Center for institutional investors. Market institutions can achieve strategic trading or index tracking by trading a basket of bond portfolios, aiming at enriching market-making means and improving trading efficiency.
The real estate bond basket (basket code: BBX026002) launched by Zheshang Bank this time has a trading unit of 30 million yuan, and the portfolio includes three real estate corporate bonds, each of which is 10 million yuan. All of them select high-quality real estate bonds with a remaining maturity of less than 5 years, which have both allocation value and market liquidity. The bonds in the portfolio will be adjusted according to the actual market situation.
According to reports, this basket is the only one in the whole market that provides bilateral quotations for real estate bonds. Zheshang Bank prefers real estate corporate bonds to provide effective click quotations for market investment institutions to help realize the batch trading of real estate bonds.
The relevant person in charge of the fund operation center of Zheshang Bank said that the launch of this basket is a brand-new attempt of Zheshang Bank in the financial services real estate industry, and it has also fulfilled the obligations of market makers and has been widely supported by market institutions. On the first day of the listing of this basket, banks, brokers, funds and other institutions actively inquired about this basket, and on the same day, funds clicked on the quotation to realize the first landing transaction.
Independently underwriting asset-backed debt financing instruments of real estate enterprises.
While launching the real estate debt basket, Zheshang Bank also innovatively launched the asset-backed debt financing tool for real estate enterprises.
On January 25th, Zheshang Bank independently underwritten and issued the asset-backed debt financing instrument (CB) of Huayuan Real Estate Co., Ltd., with a total scale of 290 million yuan and a term of 2 years.
As one of the earliest listed real estate enterprises engaged in real estate development in China, Huayuan Real Estate takes Beijing as the core and radiates Beijing-Tianjin-Hebei, western China, central China and southern China. While doing the main business of excellent residential development, enterprises are constantly forging ahead, actively seeking change and testing new development models and industrial formats.
The asset-backed debt financing tool issued this time, with its unique asset guarantee model, has revitalized the assets of enterprises in Beijing, Changsha and Guangzhou and realized the effective dispersion of risks. All the funds raised are used for the construction of residential real estate projects, which plays a key role in completing the task of "guaranteeing the delivery of buildings". At the same time, it optimizes the capital structure of the enterprise and lays a solid foundation for the sustainable development and strategic transformation of the enterprise.
The relevant person in charge of Huayuan Real Estate Finance Department said that Zheshang Bank fully recognized the enterprise transformation and development strategy, accurately supported the financing needs of the enterprise at this stage, and with the professional financial team and rich industry experience, this innovative financing tool was tailored for the enterprise. With the joint efforts of all parties, it was successfully launched, demonstrating the professional level of the bank in financial innovation and service.
It is worth mentioning that this business is the innovative practice of Zheshang Bank to accurately support real estate enterprises through the investment banking toolbox, and it is the first asset-backed debt financing tool for real estate enterprises in China, which is expected to provide new financing ideas for the real estate industry.
It is understood that Zheshang Bank will continue to give full play to its professional advantages, actively respond to the call of the state, make good use of the policy toolbox, provide enterprises with more diversified and personalized financing services, more accurately support the reasonable financing needs of real estate enterprises, and further improve the liquidity of real estate bonds, promote the accurate docking between real estate enterprises and financial institutions, and contribute financial strength to the stable development and transformation of the real estate industry.
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The price of cherries has been halved, and the "traffic star" has begun to be close to the people?

  Dajiang Net/Dajiang News Client News All-Media ReporterXie Mengli, internZhang Pingting, Zhang YingReport: With the coming of winter, "cherry freedom" has once again appeared in people’s field of vision, and cherries and strawberries known as "high-end fruits" have become the "signature fruits" of many fruit shops. In particular, the terms "the price of cherries was halved" and "the price of cherries finally began to fall" were once rushed to the hot search, causing widespread discussion among netizens.

  Have Nanchang people really achieved fruit freedom this winter? What is the price of cherries in Nanchang market? In this regard, the reporter visited.

  The price of cherries varies from store to store.

The cherries sold by Shangchao

  On January 8, the reporter went to a large supermarket chain on Zhongshan Road and saw that people came and went in the fruit area, and many customers bought all kinds of fruits. As a popular fruit in the season, cherries are filled with two stalls, from one J to four J’s, from 500 grams to exquisite gift boxes, all kinds and dazzling. As can be seen from the price tag, two J cherries imported from the supermarket are priced at 69.9 yuan per catty, while three J cherries from Chile are 79 yuan per catty. "This cherry is still quite expensive. If I buy it in Pinduoduo, it is about 5 kg, which is about 150 yuan, but the imported one is more expensive." Grandma Yang, who is shopping, told reporters.

  Compared with the price of large supermarkets, the cost performance of street fruit shops and farmers’ markets seems to be higher. During a visit to a fruit shop in donghu district, the reporter found that two J cherries were 58 yuan per catty and three J cherries were 68 yuan per catty. According to the owner, Mr. Huang, compared with the end of last year, cherries of different qualities have dropped by 10 yuan to 20 yuan per catty. "It’s cheaper to buy cherries with three J’s like this pure Bing3 together, as long as it’s 298 yuan a box, and it tastes like a stone, so crisp and sweet, and there is more water." The owner enthusiastically introduced.

  At the farmer’s market not far away, Mr. Liu, the stall owner, told reporters that two J cherries were in 120 yuan at the end of last year, and this year, as long as they are 63 yuan per catty, they are nearly half cheaper.

  There is little difference between online and offline prices.

The cherries sold in boxes.

  Subsequently, the reporter saw on the major e-commerce platforms that all online shopping of cherries can be reached the next day, and the price is distinguished by J number, which is not far from the price of offline fruit shops. The more you buy, the more favorable the price is, usually starting from 2 kg.

  On another e-commerce APP, the discount is even stronger. The price of three J imported cherries is 198 yuan per catty, and each person is limited to 2 pieces, which is still in the replenishment state.

  Overall pricewhyDescending?

  Compared with the average price of cherries in 120 yuan per catty at the end of last year, supermarkets, fruit supermarkets and farmers’ markets all showed a certain downward trend. Just listed for about a month, the price was greatly reduced. What makes the value of "traffic star" half off?

  "This is of course related to everyone’s needs. When cherries first came out, more people bought them. Most of the domestic cherries have not yet reached the season. Although imported cherries are fast but costly, they are naturally more expensive." A boss who has been doing fruit wholesale all the year round tells the reason. It said that the quality and price of cherries are different due to different places of origin. "Every time cherries are popular in winter, imported cherries with high cost and fast air transportation are more circulating in the market, while the time to market for domestic cherries in China is often spring and summer, so at the end of the year, demand is often in short supply and the market selling price is generally high. With the recent large-scale listing of cherries by sea, the transportation price is lower, and a larger number of cherries flow into the market, and the relationship between supply and demand changes accordingly. It is not surprising that there is a phenomenon of’ price cuts’. "

  Although the price of cherries has gradually become popular with the people, there are certain differences in the selling price of cherries of different sizes, grades and places of origin in the market, and the price difference between each grade is quite large. Many fruit shops also remind them to be vigilant and cautious when buying, in order to prevent merchants from shoddy, filling small with large, and buying rationally.