Group 1 - The Shenzhen Municipal Financial Office emphasizes the need to effectively prevent and resolve various financial risks, focusing on controlling new risks, managing existing risks, and preventing defaults [1] - The strategy includes tailored approaches for small and medium financial institutions, risk management for key enterprises, and a crackdown on illegal financial activities [1] - Over 15 well-known domestic real estate companies have reported risks related to their financial products, with significant incidents starting from 2021, including Evergrande and Kaisa [1] Group 2 - A senior expert in real estate finance notes that companies facing employee financial product issues have established debt disposal frameworks, indicating a shift from initial risk to a more manageable state [2] - Kaisa Group has made progress in repaying its financial products, having completed 76% of the investment returns through various means [2] - Despite some controversies regarding profit distribution in leading firms like Vanke, there have been no large-scale defaults reported, although concerns about Vanke's debt repayment capabilities are rising [2]
深圳市委金融办:加快推动重点房企涉众理财风险出清