While formulating 50 lists of financing housing companies, the Chinese financial regulatory authorities have reportedly allowed banks to provide unsecured liquid financial loans to housing companies for the first time.This targeted measure is expected to rescue real estate companies' tight capital chains.
Bloomberg Society on Thursday (November 23) quoted an anonymous person to report that as a part of a number of financial support measures, the Chinese financial regulatory authorities are draft a plan to allow commercial banks to be part of the eligible developersProvide mobile fund loans.
People familiar with the matter said that real estate companies have obtained short -term mobile funds loans, and they do not need to provide land -to -pocket objects such as land, and can be used for daily production and operation turnover.pay.
People familiar with the matter continued that for some open -minded real estate openrs, the Chinese financial regulatory authorities considers the establishment of a main bank's responsibility mechanism, which is led by a bank to coordinate the main creditor banks, discuss and formulate real estate developers for the real estate developerFinancial support solutions.
People familiar with the matter said that the implementation of the above measures requires the Chinese financial regulatory authorities to introduce relevant supporting policies to enable relevant institutions and individuals to be avoided when these greater risky businesses have bad debts in the future.
After the mines from large housing companies such as Evergrande China, the delivery of housing in the insurance housing company is facing uncertainty. Some buyers choose to break the confession.In order to maintain social stability, China Golden Madam has given priority to promoting social stability to maintain social stability, and for this reason, more housing companies' sales repayments are included in the management account closed management.This severe measures help alleviate the risk of intersection, but also makes real estate enterprises even more tense.
Chinese -funded real estate companies such as Country Garden, Ocean Group, and Xuhui Holdings, which were dangerous, were reported to be included in the financing support of financing support, and further relaxed the bank's financing restrictions on real estate companies, showing that China is further increased.Financial support helps the real estate industry to get rid of the crisis while avoiding a greater negative impact on the macro economy.The latest measures also include Shenzhen's down payment ratio of the down payment ratio of two houses.
The State Administration of Finance of China did not immediately reply to Bloomberg's comment request.
Although the issuance of mobile funds loans may alleviate the tight capital chain of housing companies, to how much can they improve the debt repayment capacity and debt repayment willingness of housing companies, especially for offshore debt paymentThe influence is still unknown.
In addition, if banks provide a large number of housing companies with mobile fund loans, there are also hidden dangers to transfer the risk to the banking system.
The expectations of the favorable policies will be boosted, and the Bloomberg industry research the Chinese real estate stock index rose by more than 8%on Thursday, and rose towards four consecutive days.
