作价14亿！宝能深圳160套房产遭中信信托挂牌处置

Core Viewpoint - The disposal of a 1.408 billion yuan non-performing debt by CITIC Trust related to Baoneng City Limited has attracted significant industry attention, highlighting the ongoing financial struggles of the Baoneng Group and its assets in the real estate market [1][7]. Group 1: Debt Disposal Details - CITIC Trust is publicly auctioning a non-performing debt that includes a principal of 1 billion yuan, remaining interest of 226.5 million yuan, and other fees totaling 181.6 million yuan, secured by 160 residential-commercial mixed-use properties in Shenzhen [1][2]. - The auctioned properties are located in a core area of Shenzhen and are subject to multiple rights restrictions, including second, third, and fourth mortgages, as well as judicial seizures [2][4]. - The auction employs a "no preset transfer bottom price but with a reserved bottom price" bidding rule, which deviates from traditional practices in the disposal of non-performing assets [4][5]. Group 2: Market Context and Implications - The properties involved in the auction are part of the Baoneng City Garden project, which has seen active transactions in the Shenzhen real estate market, with current listings averaging 105,800 yuan per square meter [4]. - Baoneng Group has faced significant financial challenges, with over 50 billion yuan in total execution amounts reported as of November 2023, indicating a deepening debt crisis [7][8]. - The outcome of this debt disposal is expected to influence Baoneng's future debt restructuring efforts, potentially setting a precedent for other creditors regarding asset recovery strategies [8][9].