
Group 1: Real Estate Market Trends - In Shenzhen, new residential sales in Q1 increased by over 80%, with a total of 26,000 units sold, reflecting a 67.7% year-on-year growth, indicating a recovery in market confidence [1] - Shanghai's second-hand residential transactions reached 26,900 units in March, marking a 75% month-on-month increase and a 45.36% year-on-year growth, driven by policy support and economic recovery [2] Group 2: Corporate Debt Management - Country Garden's proposal to adjust the repayment plan for 124.17 billion yuan of domestic bonds has been approved, allowing for a six-month negotiation window to address liquidity pressures [3] - Dalian Wanda plans to redeem 250 million yuan of medium-term notes ahead of schedule, reflecting efforts to optimize debt structure and alleviate liquidity concerns [5][6] Group 3: Land Acquisition and Investment - Yuan Da Group won a land bid in Chongqing for 1.342 billion yuan, indicating a strategic bet on core area value and market recovery, though high acquisition costs may pressure cash flow [4]