In the report on the mainland property sector, Xuhui (00884.HK) CFO suggested that Overseas creditors prioritize considering Debt-for-equity Swaps.

According to a report by domestic media "Guandian Net", CIFI HOLD GP (00884.HK) CFO Yang Xin stated during the overseas restructuring creditor briefing that the restructuring plan for domestic CSI Enterprise bonds will be based on the company's situation, the structure of the company's cash flow, and capital composition, and will refer to overseas restructuring models and domestic cases of leading real estate enterprises to ensure overall consistency between domestic and overseas restructuring plans. Yang Xin suggested that overseas creditors prioritize considering Debt-for-equity Swaps, mainly because Stocks have better liquidity than interest-bearing debt and have potential for value imagination. Debt-for-equity Swaps can optimize the company's capital structure and provide creditors with flexible exit channels and future appreciation opportunities.

AASTOCKSMay 13 07:29

With light equipment, Xuhui (00884) has launched a key battle for debt restructuring!

At a critical moment of deep adjustment in the Real Estate Industry, CIFI Holdings' Overseas debt restructuring process has also entered the final stage.

Zhitong FinanceMay 12 18:10

In-depth analysis of Xuhui Holdings (00884.HK) Overseas debt restructuring: the long-term value of the conversion option and the logic of recovery.

From an Industry perspective, Xuhui has demonstrated a strong survival resilience that is completely different from other struggling peers during this round of industry downturn, which is also key to supporting its subsequent performance recovery and restarting development.

Gelonghui FinanceMay 12 18:09

The Hang Seng Index rose by 681 points, with a turnover of 322.4 billion Hong Kong dollars, led by mobile and export-related stocks.

China and the U.S. agreed to mutually reduce tariffs for 90 days and cancel retaliatory tariffs, leading to a significant rise in the Hong Kong stock market. The Hang Seng Index opened 316 points higher and further increased after announcing relevant details in the afternoon, reaching a high of 23,685 points with an increase of 817 points, closing up 681 points or 3% at 23,549 points; the National Index rose 250 points or 3%, closing at 8,559 points; the Hang Seng TECH Index rose 267 points or 5.2%, closing at 5,447 points. The total market turnover for the day was 322.426 billion HKD.

AASTOCKSMay 12 16:33

CIFI Logs 1.72 Billion Yuan in April Contracted Sales

MT NewswiresMay 12 13:44

According to S&P, the downward trend in the Chinese property market is expected to begin to ease, with this year's first-hand property sales expected to decline by only 3%.

S&P Global Ratings published a report indicating that the downward trend in the domestic Real Estate Sector has finally begun to abate. Policymakers believe that stable housing prices are a key factor for Consumer demand, and the Institutions also believe this is an important factor in combating tariff pressures. With stable housing prices, companies focused on first and second-tier cities that have access to funding are most likely to benefit, while companies with insufficient funding may not benefit.

AASTOCKSMay 12 10:21