The sales scale maintained the first half of Country Garden's equity sales of 185.1 billion yuan

Author:China Economic Network Time:2022.07.03

In June 2022, the supply and demand of the real estate market had a volume, and the sales of sales rebounded at the bottom. The announcement of Country Garden on July 3 shows that the sales amount of equity contracts in June was about 34.52 billion yuan, an increase of 20.21%month -on -month. It has achieved a month -on -month growth of two consecutive months. The year -on -year decline has continued to narrow and significantly better than the industry average.

In the first half of this year, Country Garden achieved a total of about 185.1 billion yuan in sales of equity contracts; the cumulative sales of equity contract sales were about 23.48 million square meters. According to the full -caliber statistics released by third -party research institutions Ke Rui, Country Garden's sales performance still ranks first in the industry.

Recently, from the reduction of interest rates to relaxation restrictions on purchase and restrictions, the policy relaxation has been further enhanced. According to incomplete statistics from the China Finger Research Institute, since this year, more than 100 cities across the country have introduced more than 300 loosening policies for various types of property markets. The introduction of a series of stabilized property markets is conducive to stable expectations and help the market gradually recover. In this context, Country Garden is regarded as one of the high -quality private housing companies that have stable and greatly developing toughness in the industry.

From the perspective of sales repayments, from January to April of this year, the company's return rate remained at a high level of 95%, at a level of superior to the industry, and the "hematopoietic function" was strong. In terms of financing, Country Garden's financing channels are smooth and diversified, and have been recognized and supported by regulatory institutions and financial institutions. In May of this year, the company became the first batch of demonstration private housing companies issued with credit protection tools and corporate bonds in China, and successfully issued 500 million yuan in corporate bonds. In addition, Country Garden signed a strategic cooperation agreement of 15 billion yuan and 40 billion yuan with China Merchants Bank and the Guangdong Branch of China Agricultural Bank of China in March this year.

Against the background of the industry's pressure in the first half of the year, Country Garden has repeatedly took the initiative to protect the interests of investors by repurchasing bonds, increasing holdings of bonds and company stocks to protect market stability with real gold and silver. According to statistics, from December 30, 2021 and as of June 15, the company has announced the cumulative purchase of the total principal of 55.7 million US dollars. In June of this year, Country Garden took the initiative to repurchase 683 million US dollars in July, of which the total amount of about 411 million US dollars was effectively returned, showing strong financial strength.

In view of its good market performance, many securities firms such as HSBC and Shen Wanhongyuan are optimistic about Country Garden. As of early July, a total of 29 domestic and foreign brokerage agencies gave the company a "buy" rating. HSBC raised the Country Garden rating to "buy" in June and stated that "Country Garden is one of the private houses that are still well recorded in the repayment debt." Ping An Securities analysis said that in the first half of the year More excellent, Country Garden's full -caliber sales leading housing companies. With the continuous efforts of policies in the second half of the year, real estate is expected to slowly recover when it is expected to stabilize, and the real estate sector is expected to usher in the fundamental conservation.

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