The Chinese property market suspension of loan in the heavy disaster area in Henan officially actively revitalized the "rotten tail building", and the government was led by the rescue of local real estate companies.The analysis predicts that when the self -rescue of housing companies is weak, the local government will deeper into the trend of suspension of loan, and the Zhengzhou model may provide reference for other regions.
A screenshot of the documents signed by Zhengzhou Housing Security and Real Estate Bureau on Tuesday (July 26) circulated on the Internet in the evening.
The document called the report on the voluntary withdrawal of the project in our city's heads in our city was released on July 20, which disclosed that the Zhengzhou Municipal Government hasThe projects of seven local key housing companies such as Shang and Sunac, and the support methods of exit methods such as the repayment of the renovation, the acquisition of mergers, bankruptcy restructuring, and guarantee of housing leasing are given to the shed reform.
The housing company on the list of surging news quoted the list said that the document originally meant that the government planned to help high -quality housing companies in Zhengzhou to solve the difficulties encountered at the moment.Priority to help these seven heads of leading housing companies that have long been deeply cultivated in Zhengzhou for a long time, "for enterprises and owners, they are good opportunities for the current temporary dilemma to ensure delivery."
The real estate enterprises involved also clarified that the "exit" in the document does not require relevant housing companies to withdraw from the project, but the collective name for the four ways of rescue.Among them, "shed reform loan" refers to the use of shantytown renovation policies to transform the construction entity from developers into government platform companies, led by the government in the later period.
If the assets of housing enterprises are greater than liabilities, they can be connected by the government to organize state -owned enterprises and financial institutions to solve the problem of corporate cash flow through the "receiving merger" model to solve the problem of corporate cash flow.The "housing" model is organized by the government to build a loan.
Analysis: Zhengzhou response strategy other cities can learn from
Yan Yuejin, the research director of the Think Tank Center of the E -House Research Institute, pointed out that Zhengzhou officials have implemented different response strategies for different real estate, which helps to better resolve contradictions, and also has a positive reference for other cities that are exploring solutions.
Analysis of data disclosed by Yan Yuejin's document, some key housing companies have more serious problems, and they need to be actively solved through various types of comprehensive measures.Taking the seven projects disclosed by Sunac as an example, it involved a construction area of 2.75 million square meters and a liabilities of 5.4 billion yuan (RMB, the same below, about 1.1 billion yuan), and the hard gap in funds was 10.9 billion yuan.
The open source platform GitHub showed that according to the "Summary of the Counter -Lo Loan Notice of Rotten Terra Building in various provinces and cities nationwide", at 8 pm on Wednesday (July 27), a total of 321 real estate owners issued a collective lending notice, of which41 are located in Zhengzhou, nearly doubled more than Xi'an (21).
State -owned Enterprise Henan Asset Management Co., Ltd. announced last week that it will cooperate with Zhengzhou Real Estate Group to set up Zhengzhou Real Estate Reservation Fund. Through asset disposal, resource integration, and reorganization consultants, it will participate in the activation of problems in real estate, residential residential assistance, etc.Work, etc.
Reuters quoted officials of state -owned banks on Monday that China will set up a real estate fund, supported by the Bank of China to raise up to 300 billion yuan of funds to acquire rotten tail buildings to assist developers to solve debt problems.
Zhang Xiaoduan, deputy dean of the Dede Liangxing Research Institute, pointed out in the interview with Lianhe Morning Post that under the premise that the market environment is not optimistic and the housing enterprise self -rescue is weak, the government leads the intervention of state -owned enterprises and financial institutions.More importantly, the promotion and delivery of the project will help maintain the stability of the property market and the security of the financial system in the long run.
"In fact, Zhengzhou's measures have also been implemented in some cities. Next, it depends on how to strengthen execution and supervision and implement measures in place."
Zhang Xiaoduan also emphasized that Zhengzhou's official measures are not simply at the bottom of insurance -related enterprises, but starting from the specific project level to reach a multi -party win -win plan.
"For example, in areas with large population flows, some real estate acquisitions and transformation are transformed into affordable rental housing so that all parties can benefit from it."
