Hong Kong Stock Market News | COUNTRY GARDEN opens nearly 5% higher, with over 30 projects entering the real estate "white list".
COUNTRY GARDEN opened nearly 5% higher, and as of the time of writing, it has risen by 4.84% to HKD 0.65, with a turnover of HKD 2.5617 million. On the news front, the urban real estate financing coordination mechanism has been accelerating its implementation recently, and the first batch of real estate projects on the "white list" have been released one after another. COUNTRY GARDEN officials have stated that after the first batch of real estate projects on the "white list" were released, COUNTRY GARDEN took prompt action to apply for projects that meet the requirements. Currently, it has been confirmed that more than 30 projects have been approved to enter the "white list", involving multiple projects in Henan, Hubei, Sichuan, Shandong, Chongqing, and other regions. It is reported that the relevant projects of COUNTRY GARDEN that enter the "white list" will receive financing support, which will help alleviate the current financial pressure faced by COUNTRY GARDEN, promote the delivery of properties, activate assets, and enhance the sustainable operational capability of the projects.
Zhitong App learned that COUNTRY GARDEN (02007) opened nearly 5% higher. As of the time of writing, it has risen by 4.84% to HKD 0.65, with a turnover of HKD 2.5617 million.
On the news front, the urban real estate financing coordination mechanism has been accelerating its implementation recently, and the first batch of real estate projects on the "white list" have been released one after another. COUNTRY GARDEN officials stated that after the first batch of real estate projects on the "white list" were released, COUNTRY GARDEN took prompt action to apply for projects that meet the requirements. It has been confirmed that more than 30 projects have been approved to enter the "white list," involving multiple projects in Henan, Hubei, Sichuan, Shandong, Chongqing, and other regions. It is reported that the projects related to COUNTRY GARDEN that will enter the "white list" will receive financing support, which will help alleviate the current financial pressure faced by COUNTRY GARDEN, promote on-time delivery and asset activation, and enhance the sustainable operational capability of the projects.