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Agile Group (03383.HK) has appointed Anmai Financing as its financial advisor.
On June 7th, Agile Group (03383.HK) announced that the company has appointed Anmai Financing Consultant Co., Ltd. as its financial advisor and Shengde Law Firm as its legal advisor to promote transparent dialogue between the company and its overseas creditors. The company and its consultants will work together to explore all feasible solutions to prepare for the overall solution to the current overseas debt situation, in order to ensure the sustainable operation of the group and safeguard the interests of all shareholders.
Agile Group Logs 1.65 Billion Yuan in May Pre-Sale Value
Agile Group Holdings (HKG:3383) recorded a pre-sale value of around 1.65 billion yuan in May, with a corresponding gross floor area (GFA) of 120,000 square meters, according to a Tuesday filing on the
HTSC: China's mortgage rates may still have room to fall and remain bullish on the valuation repair of the real estate sector.
HTSC remains bullish on the real estate sector's valuation recovery, focusing on robust real estate developers with more resources in core cities and improved product capabilities, as well as property management companies with resilient performance, stable cash flow, and generous dividends.
Agile Group (03383.HK) had a total pre-sale amount of 1.65 billion yuan in May.
On June 4th, Gelonhui announced that Agile Group (03383.HK) and its subsidiaries, together with the group's joint venture and affiliated companies, and real estate projects sold under the "Agile" brand ("Agile projects"), had a pre-sale amount of RMB 1.65 billion in May 2024, corresponding to a building area of 120,000 square meters, with an average price of RMB 13,793 per square meter. As of May 31, 2024, the group, together with its joint venture and affiliated companies and Agile projects, had a total pre-sale amount of RMB 8.2 billion.
Express News | Agile Group - May Aggregated Pre-Sale Value RMB1.65 Bln
China Property Firms Could Revamp Business Models Amid Consolidation -- Market Talk
China's property companies could transform their business models amid accelerating industry consolidation, Citi analysts say in a research note.
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