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Express News | CIFI Holdings Says It Has Entered Into Amendment Agreement to Amend Certain Terms of the Original Restructuring Support Agreement
Hong Kong stocks fluctuate | Mainland Real Estate quickly rises during trading, with Institutions stating that real estate is an important support for domestic demand, and potential incremental policy measures may be implemented.
Mainland Real Estate stocks quickly surged during trading hours. As of the time of writing, SUNAC (01918) is up 11.11%, priced at 1.5 Hong Kong dollars; R&F PROPERTIES (02777) is up 6.52%, priced at 0.98 Hong Kong dollars; CIFI HOLD GP (00884) is up 5.24%, priced at 0.221 Hong Kong dollars; COUNTRY GARDEN (02007) is up 5.06%, priced at 0.415 Hong Kong dollars.
CIFI Logs 2 Billion Yuan in March Contracted Sales
CIFI HOLD GP (00884.HK) reported a cumulative contract sales amount of 5.44 billion yuan for the first quarter.
On April 8, Gelonghui reported that CIFI HOLD GP (00884.HK) announced that in March 2025, the group recorded (i) contracted sales (including the contracted sales of joint ventures and associates) amounting to approximately 2.02 billion yuan and a contracted sales area of about 212,600 square meters, (ii) a contracted sales average price of approximately 9,900 yuan per square meter, and (iii) the Shareholder's equity attributable to contracted sales amounting to approximately 1.11 billion yuan. From January to March 2025, the group recorded (i) cumulative contracted sales (including the contracted sales of joint ventures and associates) amounting to approximately 5.
Mainland Real Estate stocks generally rose, RADIANCE HLDGS (09993) increased by 8.51%. Several first-tier cities are currently working on stabilizing the Real Estate market to stop the decline.
Mainland Real Estate stocks generally rose, RADIANCE HLDGS (09993) increased by 8.51%, RONSHINECHINA (03301) rose by 7.37%, C&D INTL GROUP (01908) went up 7.02%, MIDEA REAL EST (03990) increased by 6.95%, CIFI HOLD GP (00884) rose by 5.45%, SUNAC (01918) increased by 5.43%, SEAZEN (01030) went up by 5.26%, COUNTRY GARDEN (02007) also rose by 5.26%.
CIFI's 2024 annual report shows positive changes: liabilities have decreased for three consecutive years, and losses have narrowed for two consecutive years.
On March 31, CIFI HOLD GP (00884.HK) released its performance announcement for the year 2024.
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