Guangzhou Chengtou will continue to inject 4.4 billion yuan into Evergrande Stadium project according to the planning requirements. How to interpret this move?
1. Guangzhou Chengtou will continue to inject 4.4 billion yuan into Evergrande Stadium project according to the planning requirements.
According to the news reported by the news media, Guangzhou Chengtou will continue to inject 4.4 billion yuan into the Evergrande Stadium project according to the planning requirements. This news is incredible to many people. After all, the boss of Evergrande has been selling luxury houses to raise money before, and now the positive actions of government departments have made many people have a clear judgment on the future direction of Evergrande.
Second, this move is to stimulate confidence in the property market.
The purpose of this move is relatively simple. The most direct thing is to directly boost the confidence of the property market. The capital injection of 4.4 billion yuan does not seem to be particularly large, but it can restart the Evergrande Stadium project without causing the project to go bad. The most important thing is that the surrounding employment and supporting facilities will not decline because of this, which will have a positive role in promoting employment and economic environment. Behind the real money is the ability to give local consumers confidence. If they can have confidence in the real estate market at the same time and enter the market for consumption, it will eventually drive an internal cycle of the whole consumer market.
Third, Evergrande is lucky enough to survive, which is also considered as destiny takes a hand.
Evergrande's operation is really doomed. Why do you say that? In fact, Evergrande is definitely a company that has taken great risks, and it is definitely the kind of company that is too big to pull an egg. Without such a large-scale thunderstorm, Evergrande would certainly not survive. In other words, at present, our property market as a whole is still in a relatively stable state, otherwise Evergrande will be hopeless, so some of our consumers should not be too lucky and do not blindly speculate in the property market. The idea of living without speculation is not just talk.