Recently, it has been reported that the regulatory authorities plan to provide liquidity support for the demonstration real estate enterprises by designating state-owned enterprises to guarantee and underwrite the new issuance of RMB bonds of these enterprises; The regulatory authorities recently instructed China bond credit enhancement investment company (hereinafter referred to as “China bond credit”) to carry out “full unconditional and irrevocable joint and several liability guarantee” for the medium-term notes issued by real estate enterprises, involving Xuhui holding group (00884. HK), country garden (02007. HK), Longhu group (00960. HK), Ocean Group (03377. HK), Xincheng holding (601155. SH) and other demonstration private real estate enterprises< Br > < div class = "height" > < / div > the official website shows that China bond credit enhancement Investment Co., Ltd. is the first professional bond credit enhancement institution in China. In September 2009, under the guidance of the people’s Bank of China, the company was jointly founded by China Association of inter bank market dealers, China National Petroleum Corporation, State Grid Yingda International Holding Group Co., Ltd., China Sinochem Corporation, Beijing state owned Capital Operation Management Co., Ltd., Shougang Group Co., Ltd. and Bank of China Investment Asset Management Co., Ltd< Br > < div class = "height" > < / div > on August 16, a real estate enterprise confirmed to the press that its enterprise had participated in the closed door meeting of the regulatory authorities mentioned in the above news< Br > < div class = "height" > < / div > the demonstration real estate enterprise Longhu group said that it was actively supported by the regulatory plan and was currently communicating with the new financing plan< Br > < div class = "height" > < / div > Xuhui holdings group responded that Xuhui maintained smooth communication with the regulator and believed that the regulator would further support the demonstration private housing enterprises. Please refer to the company’s announcement for specific information< Br > < div class = "height" > < / div > another insider disclosed to the news that country garden is also a participating enterprise and is communicating with the regulatory authorities; In addition, Sino Ocean Group and Xincheng holdings are also listed as demonstration enterprises< Br > < div class = "height" > < / div > according to the news, Longhu group is planning to issue a medium-term note of 1.5 billion yuan, and China bond credit will provide full guarantee and irrevocable joint and several liability guarantee< Br > < div class = "height" > < / div > some people familiar with the situation said that the several demonstration real estate enterprises are in better condition among private real estate enterprises, but the final landing of financing needs to be observed< Br > < div class = "height" > < / div > the person said that the application for issuing bonds by some real estate enterprises had been approved before, and the delay in issuing bonds was mainly due to the lack of market confidence, which led to the poor financing of the real estate enterprises. If the regulatory authorities can really implement the “enhanced provision of full guarantee and irrevocable joint and several liability guarantee” for the demonstration real estate enterprises, at least it is good news for the demonstration real estate enterprises, which can promote the progress of issuing bonds by the real estate enterprises and relieve the liquidity pressure, Give the market more confidence< Br > < div class = "height" > < / div > in fact, as early as may this year, the regulatory authorities provided policy support for the financing of demonstration real estate enterprises. To attract investors, the creation institution will simultaneously issue credit protection tools including credit default swaps (private CDs) or credit risk mitigation certificates (crmw) to help private real estate developers gradually recover the financing function of the open market< Br > < div class = "height" > < / div > taking Xincheng holdings as an example, as one of the first demonstration real estate enterprises to create credit protection contracts and issue bonds, on May 24, Xincheng holdings issued the first phase of medium-term notes in 2022, with a registered amount of 3 billion yuan and a ceiling of 1 billion yuan< Br > < div class = "height" > < / div > the medium-term note issued by Xincheng holdings is the first real estate enterprise credit risk mitigation voucher launched by the Chinese bond private enterprise support tool (the Chinese bond credit initiative to establish the Chinese bond private enterprise bond financing support tool), which has obvious demonstration significance< Br > < div class = "height" > < / div > affected by the news, on August 16, many real estate stocks and real estate bonds rose in varying degrees. As of press release, Longhu group rose 13.54% to HK $25.15; Country garden rose 9.48% to HK $2.54 per share; Xuhui holding group was HK $2.12 per share, up 13.98%; COSCO Group’s share was HK $1.25, up 2.46%; Xincheng holdings was 20.02 yuan per share, up 3.62%< Br > < div class = "height" > < / div > in addition, times China Holdings (01233. HK) rose 13.11% to HK $1.38, and Hongyang real estate (01996. HK) rose 11.11% to HK $1.2; Blu ray development (600466. SH) rose 10.26% to 1.72 yuan; Sunshine City (000671. SZ) rose 8.14% to 2.39 yuan.