王健林再卖48座万达广场；旭辉公布境内债重组方案

Group 1: Real Estate Market Trends - Shanghai is set to launch 917 new housing units across 10 projects, with three high-end projects priced above 100,000 yuan per square meter, indicating a market segmentation trend [1] - The introduction of a "replacement subsidy" policy in Zhuhai aims to enhance liquidity in the second-hand housing market by providing a 1% subsidy on the net purchase price of new homes, capped at 30,000 yuan [2] - The "dumbbell-shaped" supply structure in Shanghai, with luxury properties accelerating entry, may lead to a further divide among buyers, concentrating funds on scarce and premium projects [1] Group 2: Corporate Debt Restructuring - CIFI Holdings has announced a debt restructuring plan involving seven bonds with a total principal balance of 10.06 billion yuan, offering bondholders four options including asset compensation and equity binding [3] - Country Garden has extended the deadline for its major offshore debt restructuring support agreement, with over 70% of bondholders already participating, indicating progress in risk mitigation [5][6] - The restructuring efforts by CIFI and Country Garden reflect a broader trend in the real estate sector towards innovative debt resolution strategies amid significant sales declines [3][5] Group 3: Mergers and Acquisitions - A consortium led by Taikang and Tencent has received unconditional approval to acquire 48 Wanda Plaza locations across major cities, signaling regulatory support for revitalizing quality commercial assets [4] - The acquisition may enhance market confidence in holding properties, although potential liquidity risks for remaining Wanda assets and management efficiency under multi-party collaboration should be monitored [4]