"We are working with relevant departments to study the insurance reform plan of AMC to promote the high-quality development of the industry." On August 12, the heads of relevant departments of the CBRC said at the briefing.
The person in charge said that for the financial support of Baojiaolou, the CBRC actively guided banks to actively participate in the research on the scheme to reasonably solve the hard funding gap, do a good job in providing qualified credit, and do everything possible to promote "Baojiaolou and stabilize people's livelihood" under the orderly arrangement of local governments, and compact the responsibilities of all parties.
At present, the acquisition of non-performing assets of financial institutions by five financial asset management companies accounts for more than 80% of the total non-performing assets transferred by banking institutions in batches; Actively participate in the reform of small and medium-sized financial institutions and help trapped housing enterprises, cooperate with local governments to ensure the delivery of 26,996 sets of commercial housing on time and solve the wage arrears of migrant workers of 55 million yuan.
With the list of enterprises in danger getting longer and longer, both national AMC and local AMC are accelerating to help, which is also the biggest feeling at the market level.
According to incomplete statistics, as of August 1 1, China Huarong, China Cinda, Great Wall Asset Management and Dongfang Asset Management, the four major domestic asset management institutions, have all helped housing enterprises, and local AMCs in Zhengzhou, Jiangsu and Zhejiang have also started to enter the market.
On the evening of August 10, Zhongnan Construction announced that it had signed a cooperation framework agreement with Jiangsu Asset Management Co., Ltd. (hereinafter referred to as "Jiangsu Asset Management"), a local AMC institution.
According to the relevant agreement, Jiangsu Asset Management or its designated entity intends to set up a fund with a scale of 2 billion yuan and a duration of 3 years with Zhongnan Holdings or its designated entity * * * for the cooperation of investment projects of Zhongnan Holdings and related parties, including but not limited to stock debt restructuring and continuation of existing projects.
Among them, Jiangsu Asset Management or its designated entity, as the priority of general partner and limited partner, subscribed a total of 654.38+08 billion yuan, accounting for 90%; Zhongnan Holdings or its designated entity is an inferior limited partner, with a subscription of 200 million yuan, accounting for 65,438+00%.
On August 9, Zhengzhou Real Estate Relief Fund, funded by Zhengzhou National Center City Industrial Development Fund as the parent fund, took the lead and Zhengzhou Real Estate Group participated in the cooperation with Henan Jianye Investment Holding Co., Ltd. on the office building project of Zhengzhou Beilonghu Financial Island.
On August 5th, China Huarong announced that it had signed the Framework Agreement on Rescue and Reorganization with Sunshine Longjing Group, the parent company of Sunshine City, and held a rescue strategic cooperation meeting.
Earlier, on May 8, Zhongnan Construction announced that China Huarong signed a strategic cooperation agreement with Zhongnan Construction.
This actual case is a very clear positive signal for real estate enterprises in danger.
At the briefing, the relevant person in charge of the China Banking Regulatory Commission said that the next step will be to further implement the prudent management system of real estate finance, effectively meet the reasonable financing needs of real estate enterprises, vigorously support the construction of rental housing, support the merger and reorganization of projects, focus on new citizens and urban young people, and better meet the rigid and improved housing needs. Strengthen cooperation with all parties, actively promote the work of "guaranteeing the delivery of houses and stabilizing people's livelihood", do a good job in relevant financial services according to laws and regulations, and promote the virtuous circle and healthy development of the real estate industry.
"Effectively meeting the reasonable financing needs of housing enterprises" is not only an important measure to promote the stable and healthy development of the real estate market, but also the proper meaning to protect people's livelihood and stabilize expectations.
Since the second half of 20021,individual housing enterprises have been blindly diversified and expanded due to poor management, and their business indicators have deteriorated, resulting in tight capital chain and debt default. In the case of controllable risks, "real estate financing should find the right focus and do a good job of' addition and subtraction'. On the one hand, we should increase support for the long-term rental market and the construction of affordable housing; On the other hand, do a good job in M&A financial services for risk disposal projects of key housing enterprises and resolve risks in a market-oriented manner. " A banker said.
The reporter noted that this is the fifth time within a month that the CBRC has voiced its voice to promote the construction of "guaranteed ground floor", and more practical measures have been introduced every time. The policy level is very clear about the firmness of Baojiao Building.
On July 14, the heads of relevant departments of the CBRC responded to the car owners' loan suspension incident for the first time. The person in charge said that it will strengthen cooperation with the housing and construction departments and the People's Bank of China, support local governments to actively promote the work of "guaranteeing the delivery of houses, ensuring people's livelihood and ensuring stability", do relevant financial services in accordance with laws and regulations, and promote the virtuous circle and healthy development of the real estate industry.
On July 17, the heads of relevant departments of the China Banking Regulatory Commission put forward four specific measures in an interview with the media, including cooperating with local governments to do everything possible to promote "guaranteeing the ground floor"; Actively participate in the research on the scheme to reasonably solve the hard gap of funds and do a good job in qualified credit granting; Do a good job in customer service; Effectively meet the reasonable financing needs of real estate enterprises.
Liu, head of the Statistical Information and Risk Monitoring Department of the China Banking Regulatory Commission, said at the press conference of the State Council Office on July 2 1 Japan that under the overall framework of the local party committees and governments' work arrangement of "guaranteeing the building and handing over the house", the CBRC guided banks to actively participate in relevant working mechanisms, cooperate with enterprises, shareholders and other relevant parties, compact their responsibilities, follow the principles of marketization and rule of law, actively participate in the study of reasonable solutions to the hard funding gap, provide qualified credit and help promote projects.
On July 25th, when the CBRC held the symposium on system-wide work in 2022 and the symposium on discipline inspection and supervision (by telephone), it once again stressed: "Support local governments to ensure the delivery of buildings and promote the stable and healthy development of the real estate market. It is necessary to put the stable macroeconomic market in a more prominent position, give better play to the role of financial countercyclical adjustment, and fully implement a package of policies and measures to stabilize the economy. "
Local banking insurance regulatory bureaus are also taking active actions.
A few days ago, the Shanghai Banking Insurance Regulatory Bureau held a mid-year work promotion meeting in 2022, demanding that risks in key areas be resolved and supporting Shanghai to do a good job of "guaranteeing buildings and handing over houses". Adhere to the positioning of "staying in a house without speculation", keep real estate financing stable and orderly, effectively meet the demand for rigid and improved housing, and increase financial support for the long-term rental market and the construction of affordable housing.
However, based on various practical considerations, AMC's current assistance will only be targeted at specific project operations, that is, saving the project without saving the enterprise, which has almost reached an understanding in the industry.
Ke Rui judged that under the goal of extricating housing enterprises from difficulties, the non-performing assets of the escaped housing enterprises will be the focus of AMC's acquisition in the short to medium term, but the market will still adhere to the principle of "high-quality non-performing assets", and the escaped housing enterprises have high-value assets in the core area, which is also the first choice for AMC cooperation. Housing enterprises with poor asset quality and complicated creditor's rights and debts will remain passive, which will further reflect the background of housing enterprises.