National Bureau of Statistics: The month-on-month decline in commercial residential sales prices in various tier cities narrowed slightly in March, and the year-on-year decline increased

In March 2024, the volume of newly built commercial housing and second-hand housing transactions in 70 large and medium-sized cities increased compared to the previous period. The decline in commercial residential sales prices in various tier cities narrowed slightly from month to month, and the year-on-year decline increased.

Zhitong FinanceApr 15 21:38 ET

Zhengrong Real Estate Announces Progress of Overall Overseas Debt Management Plan

Zhengrong Real Estate (06158) announced that since 2022, the group has continued to implement liquidity management and cost saving measures to maintain operational stability by ensuring project construction and delivery, including seeking financing extensions and exemptions, speeding up sales and cash recovery, continuously streamlining the corporate organizational structure, and reducing non-core business operations and administrative expenses. However, due to pressure on the real estate industry's operating and financial environment, as well as negative macroeconomic factors and unfavorable real estate market conditions, the Group's tight contract sales and liquidity conditions have not fundamentally improved, and the speed of asset disposal has fallen short of expectations. As true as 2023 full-year results

新浪港股Apr 11 19:49 ET

Zhengrong Real Estate (06158) announced the progress of the overall overseas debt management plan

Zhengrong Real Estate (06158) announced that since 2022, the group has continued to implement liquidity management and cost savings...

Zhitong FinanceApr 11 10:38 ET

Zhenro Properties Group's March Sales Reach 554 Million Yuan

Zhenro Properties Group's (HKG:6158) contracted sales in March amounted to 554 million yuan with an aggregate gross floor area of 36,934 square meters, according to a Wednesday filing with the Hong Ko

MT NewswiresApr 3 20:09 ET

Zhengrong Real Estate (06158.HK)'s March contract sales amount is about 554 million yuan

Gelonghui, April 3, 丨 Zhengrong Real Estate (06158.HK) announced that for the month ended March 31, 2024, the cumulative contract sales amount of the Group together with the joint ventures and associated companies was approximately RMB 554 million. The contract sales area was about 36,934 square meters, and the average contract price was approximately RMB 15,000 per square meter. For the three months ended March 31, 2024, the cumulative contract sales amount of the Group together with the joint ventures and associated companies was approximately RMB 1,644 billion. The contract sales floor area was approximately 117,739 square meters, and the average contract sales price was approximately RMB 1,644 million

Gelonghui FinanceApr 3 09:03 ET

Zhengrong Real Estate: 2023 revenue of 38.785 billion yuan, up nearly 50% year-on-year, land storage of nearly 13 million square meters

On March 28, Zhengrong Real Estate (06158.HK) announced its 2023 annual results. In 2023, the company achieved operating income of 38.775 billion yuan, an increase of 49.7% over the previous year; gross profit of 2,179 billion yuan, an increase of 24.5% over the previous year. Meanwhile, by the end of 2023, Zhengrong Real Estate had pre-sold homes but had not yet confirmed revenue of 45.469 billion yuan, and subsequent revenue carry-over resources remained sufficient. By the end of 2023, Zhengrong Real Estate had a land reserve with a construction area of 12.98 million square meters. As the industry continues to be deeply adjusted, the operating performance of housing enterprises in 2023 will continue to be under pressure, and losses will generally occur

China InvestorsApr 2 02:38 ET