| 序号 | 不动产权证号 | 权利人 | 房号 | 建筑面积(平米) | 用途 | | --- | --- | --- | --- | --- | --- | | 152 | 粤(2018) 深圳市不动产权第 0052052 号 | 宝能城有限公司 | 三期工程 316 | 86.79 | 商住混合用地/商业 | | 153 | 粤(2018) 深圳市不动产权第 0052067号 | 宝能城有限公司 | 三期工程 317 | 151.79 | 商住混合用地/商业 | | 154 | 粤 (2018) 深圳市不动产权第 0052069 号 | 宝能城有限公司 | 三期工程 318 | 207.65 | 商住混合用地/商业 | | 155 | 粤 (2018) 深圳市不动产权第 0052070 号 | 宝能城有限公司 | 三期工程 319 | 70.57 | 商住混合用地/商业 | | 156 | 粤(2018) 深圳市不动产权第 0052072 号 | 宝能城有限公司 | 三期工程 320 | 35.41 | 商住混合用地/商业 | | 157 | 粤(2018) 深圳市不动产权第 0052076 号 | 宝 ...

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][4][9]. Group 1: Debt Disposal Details - CITIC Trust is publicly auctioning a non-performing debt totaling 1.408 billion yuan, which includes a principal of 1 billion yuan, remaining interest of 226.5 million yuan, and other fees of 181.6 million yuan [1][4]. - The collateral for this debt consists of 160 residential and commercial properties located in the Baoneng City Garden (East District) Phase III project in Nanshan District, Shenzhen [1][5]. - The auction employs a "no preset transfer bottom price but with a reserved bottom price" bidding rule, which deviates from traditional asset disposal practices [4][6][7]. Group 2: Market Context and Implications - The properties involved are situated in a core area of Shenzhen, with active transaction volumes; the average listing price for the Baoneng City Garden is approximately 105,800 yuan per square meter [6]. - Baoneng Group has faced multiple asset disposals this year, including a 30% stake in Qianhai United Fund sold at a 44% discount and other assets entering restructuring phases [4][9]. - The ongoing financial difficulties of Baoneng Group are underscored by over 50 billion yuan in enforced execution amounts as of November 2023, indicating a deepening liquidity crisis [9][14]. Group 3: Future Outlook - The outcome of this debt disposal will significantly impact Baoneng's future debt restructuring efforts, potentially setting a precedent for other creditors [9][14]. - If the debt can be successfully transferred, it may provide a reference for other creditors; however, if the process encounters obstacles, it could exacerbate concerns regarding Baoneng's debt repayment capabilities [9][14]. - The auction results may influence how other financial institutions approach debt restructuring negotiations with Baoneng, shifting from long-term solutions to immediate cash recovery strategies [9][14].

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 and commercial properties in Shenzhen [1][3]. - The properties involved are located in a core area of Shenzhen and have multiple encumbrances, including second, third, and fourth mortgages, as well as judicial seizures [1][3]. - The auction employs a "no preset transfer price but with a reserve price" bidding rule, which deviates from traditional practices in non-performing asset disposals [5][6]. Group 2: Market Context and Implications - The Baoneng Group is facing a broader debt crisis, with over 50 billion yuan in total enforced amounts, including more than 32 billion yuan for Baoneng Real Estate and over 12 billion yuan for Baoneng Automotive [7][8]. - The auction of the properties is seen as a critical step in the debt restructuring process for Baoneng, with the outcome potentially influencing the approach of other creditors [10]. - The properties in question were once considered core assets for Baoneng and are now part of a larger trend of asset disposals as the company seeks to alleviate its financial burdens [8][10].

每经记者｜陈荣浩 每经编辑｜何小桃 魏文艺 11月14日，国内头部信托机构中信信托将姚振华旗下宝能城有限公司一笔14.08亿元的不良债权公开挂牌处置，引发业内广泛关注。 此次处置的债权包含借款本金10亿元、剩余利息2.265亿元及其他费用1.816亿元，抵押物为深圳市南山区留仙大道北侧宝能城花园（东区）三期工程中的 160套房产，房产产权属性为"商住混合用地/商业"。 值得一提的是，作为债权处置方，中信信托此次采用了"不预设转让底价但设置保留底价"的网络竞价规则。而作为被拍卖的宝能方，每经记者梳理发现， 今年以来宝能系已有多笔股权、资产被处置。 图片来源：京东资产交易平台 160套房"不预设底价"拍卖 本次债权所涉抵押物为宝能城有限公司名下位于深圳市南山区留仙大道北侧宝能城花园（东区）三期工程中的160套房产。 上述债权的底层资产均位于南山区核心地段，在深圳房地产市场中的成交活跃度也较高。 图片来源：上海联合产权交易所 《每日经济新闻》记者（以下简称"每经记者"）注意到，上述位于深圳核心区域的房产已存在二押、三押、四押及司法查封等多重权利限制。 据披露，中信信托已就该笔债权向深圳市中级人民法院提起诉讼，诉求包 ...

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 [1][8]. Group 1: Debt Details - The disposed debt 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 properties are located in a core area of Shenzhen, known for high transaction activity in the real estate market [4]. Group 2: Legal Proceedings - CITIC Trust has initiated legal proceedings against the debtor in Shenzhen Intermediate People's Court, seeking repayment and asserting priority rights over the auction proceeds of the collateral [3][8]. - The case is currently in the first-instance stage, with a court hearing expected in the fourth quarter of 2025 [3]. Group 3: Auction Mechanism - The auction for the debt will utilize a "no preset transfer price but with a reserved price" bidding rule, which deviates from traditional practices where the starting price is often set at around 70% of the assessed value [4][7]. - This new auction model is seen as a challenge for trust companies, requiring them to be well-acquainted with the assets and manage public sentiment effectively [7]. Group 4: Baoneng's Financial Situation - The disposal of this non-performing asset is viewed as a small part of Baoneng's broader debt crisis, with total execution amounts exceeding 50 billion yuan, including over 32 billion yuan for Baoneng Real Estate [8][10]. - Baoneng has faced multiple asset disposals this year, indicating a trend of financial distress and the need for liquidity [9][10]. Group 5: Market Implications - The outcome of this debt disposal could significantly influence Baoneng's future debt restructuring efforts, potentially setting a precedent for other creditors [12]. - If the auction is successful, it may lead to a shift in how other financial institutions approach debt restructuring with Baoneng, moving from long-term solutions to immediate cash recovery strategies [12].

银行为何可以八折卖房？你可别意味着银行是火烧眉毛，没有办法才这样做。实际上银行卖的不是房，而是房子作为载体的贷款。这是什么意思呢？ 可是如果把房子卖出去，那就可以找到房贷的接盘侠，这样一来，等于另外那100万的利润也有了着落了。这样哪怕房子以市场价格80万卖出去，银行总计 还可以回收到180万的资金。这样肯定比一分钱利润都没有强多了。同时以八折卖房，那速度也肯定要快于市场其他渠道的房源。 这就是银行卖房的逻辑，表面上看着是卖房，实际上是卖房贷。那银行这样干，对房地产市场到底是好还是坏呢？ 因为银行觉得自己有一个优势，因为可以比远低于市场价格来卖这套房子。这里面的逻辑是什么呢？因为我们上面说了，房子市价是100万，如果断供了， 银行哪怕是通过拍卖处理了房子，也只是回收本金而已。 你可能觉得大量廉价房产进入市场，对房价肯定是一个巨大冲击。这确实没有错，可是长期来看，这对加速房地产筑底是有好处的，因为这可以加速银行的 资金周转效率，也可以加速不良资产的处置。换句话说这一招实际上就是空间换时间，要更大的房价下降空间，换来更快的筑底过程。 比如说一套房子100万，你贷款30年，最后银行可以回收大约200万的资金，其中1 ...

从隔空协作走通"调解优先"的创新路径，到三年接力创下分行破产重整项目回收率新高。这背后，是一 支名为"张富清不良处置女子突击队"的队伍。当金融巾帼遇上不良资产化解的"持久战"，会迸发出怎样 的能量？ 鲜亮成绩的背后，是持续的系统攻坚。队伍构建起省市县三级联动机制，倒排工期、协同作战；派驻专 人参与省级债委会，追偿外地存货证据；主动参与管理人遴选，提升现金清偿率；针对不利于债权实现 的情形，坚持依法诉讼维权，历经多审级司法程序，最终维护银行合法权益；积极争取总行单户转让政 策支持，组织买卖方尽调，强化与资产管理公司对接，通过银登中心挂牌磋商，完成单户债权转让。 上千份日报、几万字的申报材料、数不清的集体研究，记录着这支队伍的担当与奉献。"当张富清式的 忠诚担当融入血脉，这就是责任，更是阵地。"队员郭晶说。 从"单点突破"到"系统推进"，从被动应对到主动作为，张富清女子突击队用三年时间，不仅清收了一笔 重大风险资产，更探索出一条党建与业务深度融合的新路径。在她们身上，"守正创新"不是口号，而是 每一次谈判、每一份文书、每一场诉讼中的坚守与突破。当金融队伍以"张富清式"的忠诚与担当直面风 险，以"刀刃向内"的勇气重 ...

Core Viewpoint - The article discusses the accelerated disposal of non-performing assets (NPAs) by banks as the year-end approaches, highlighting the shift from passive recovery to diversified methods such as online listings, direct property sales, and debt transfers [2][4]. Group 1: Bank Direct Supply Housing - "Bank direct supply housing" has gained attention as a new market focus, where banks sell properties obtained through judicial processes or debt settlements directly to the market, ensuring clear ownership and reducing risks compared to traditional auctioned properties [2][3]. - The pricing advantage of bank direct supply housing is significant, with properties listed at prices substantially lower than market value; for instance, a property in Guangzhou was listed at approximately 79.84 million yuan, compared to a market price of about 224 million yuan, making it roughly 30% of the market price [3]. - Multiple banks, including Agricultural Bank and Construction Bank, are actively listing properties at prices up to 25% below market value, indicating a trend towards quicker asset liquidation and reduced transaction complexity [3][4]. Group 2: Non-Performing Asset Packages - Banks are increasingly clearing NPA packages, with 20 banks listing 92 NPA packages totaling over 3 billion yuan in November alone, indicating a proactive approach to asset management as regulatory assessments approach [4][6]. - Notable transactions include Nanjing Bank listing over 800 million yuan in personal consumer loan NPAs and China Bank's Tianjin branch listing approximately 199 million yuan in business loan NPAs [4]. - The trend of accelerated NPA disposals is linked to both routine asset management needs and the impending regulatory evaluations, with smaller banks facing heightened pressure regarding asset quality and profitability [4][5]. Group 3: Diversified Disposal Methods - The methods for disposing of NPAs have diversified, moving from traditional asset management company transfers to market-based platforms, allowing banks to select optimal strategies based on asset characteristics [8]. - The trend shows a rise in personal consumer loan NPAs, with a notable increase in short-aged, written-off, and non-litigation assets, reflecting a shift towards more efficient recovery processes [8]. - The direct sale model, particularly for "direct supply housing," is seen as a way to enhance cash recovery speed and minimize transaction risks by leveraging online platforms to reach a broader customer base [8].

进入四季度，消费金融行业不良资产的处置仍较为密集。 近日，《金融时报》记者登录银登中心发现，中银消费金融有限公司（以下简称"中银消金"）发布 2025年个人不良贷款（个人消费贷款）批量转让项目招商公告，拟转让不良贷款合计借款人户数为2265 户，未偿本息合计为1.91亿元，加权平均逾期天数为95天。 11月6日，南银法巴消金发布了两期个人不良贷款（个人消费贷款）转让项目公告，两期涉及的未 偿本息合计近7亿元。 银登中心相关信息显示，年内有多家消费金融公司进行过不良资产的转让，其中包括杭银消金、北 银消金等十余家消费金融公司。 总体而言，消费金融公司不良资产转让呈现出几个特点：一是不良资产出清步伐明显加快；二是出 让的不良资产规模较大；三是转让折扣力度较大。 以中银消金为例，2025年1月至10月，中银消金已在银登中心累计披露超过75期个人不良贷款转让 公告，转让未偿本息总额超百亿元，延续了2024年行业第一的转让规模。 记者注意到，4月至6月，中银消金转让较为频繁。4月底，中银消金转让个人不良贷款17期；5月转 让20期个人不良贷款，涉及借款人共11495户；6月，转让动作更为频繁，其中6月4日，转让了共20 ...

Core Insights - The Chinese banking sector has entered a significant asset disposal phase in the second half of this year, with various institutions accelerating the clearance of long-standing non-performing loans through market-oriented methods such as transfer listings and packaged sales [1][2] - The scale of asset packages being listed has expanded dramatically, with some institutions offering packages worth hundreds of billions, indicating a new norm in the financial market for the fourth quarter [1] - The demand for financial risk resolution is expected to grow, leading to an increase in the supply of non-performing assets, marking a continued "big year" for asset disposal [1][2] Group 1: Factors Driving Asset Disposal - Multiple factors are contributing to the current wave of asset disposals, including macroeconomic pressures, weakened recovery capabilities in certain industries, and increased regulatory scrutiny on asset quality and capital adequacy [2] - As of June this year, the balance of non-performing loans in commercial banks was 3.43 trillion yuan, with a non-performing loan ratio of 1.49%, indicating ongoing pressure to manage these assets [2] Group 2: Market Dynamics and Trends - The market for personal consumer non-performing loans has seen explosive growth this year, significantly accelerating the overall disposal process [3] - In the first quarter of this year, the scale of personal consumer loans and credit card overdrafts reached 268.2 billion yuan and 51.9 billion yuan respectively, with personal consumer loans accounting for 72.4% of the total [3] Group 3: Impact on Banking Institutions - The accelerated disposal of non-performing assets is expected to improve banks' capital adequacy ratios and profitability metrics [4] - Large-scale disposals can directly reduce non-performing loan ratios and provisioning requirements, thereby enhancing asset quality and freeing up capital for new loans [4][5] Group 4: Regulatory and Systemic Implications - The regulatory environment is focused on preventing systemic financial risks, with measures to enhance asset disposal and capital replenishment efforts [7] - The current wave of concentrated asset disposals is seen as necessary for maintaining the stability of the banking sector and preventing a "dam" of non-performing loans from impacting credit availability in the economy [7][8]