Cinda Real Estate(SH:600657) Mei Ri Jing Ji Xin Wen·2025-10-27 22:52Group 1: Urban Development Initiatives - The Ministry of Housing and Urban-Rural Development announced that by 2025, 449 cities in China will conduct urban health checks, focusing on the renovation of old neighborhoods and the construction of complete communities, enhancing the breadth and depth of urban assessments [1] - The Guangzhou Huangpu Wushi Village urban village renovation project has achieved significant progress with the completion of demolition, laying the foundation for the construction of 648 resettlement homes, which will be complemented by public facilities to create a 15-minute living circle [2] Group 2: Real Estate Market Trends - In Hong Kong, the inventory of residential mortgagee properties decreased to 269 units as of September 2025, marking a 10% decline from the previous quarter, ending a five-quarter rising trend, primarily due to a drop in private residential properties [3] - Yuexiu Property's subsidiary plans to issue CNY 2.85 billion green bonds with a 3.30% interest rate, aimed at refinancing maturing offshore debts and financing eligible green projects, reflecting the company's commitment to sustainable development [4] - Xinda Real Estate successfully issued CNY 2.4 billion in corporate bonds, with a subscription multiple of 1.4458, indicating market recognition despite the company's heavy debt burden [5][6]