Weekly project summary of CBEX (Dec. 2-8)

  This week CBEX created a new high in the state-owned assets transaction over previous two months with a trading volume of 2.097 billion yuan. The real estate industry saw a trading volume of 1.897 billion yuan and listed volume of 1.271 billion yuan, ranking the highest of all sectors and showing an active trend of the equity M&A in this sector.

  I.State-owned equity transaction

  This week, the number of newly listed projects and volume declined slightly against the previous weeks, totally 21 projects listed at a gross price of 347 million yuan with chemical material and product manufacturing, building industry and real estate industry on the list top. The key projects listed include “transfer of 100 percent equity together with creditor's rights valued 97.6883 million yuan of Shandong Haihua Shengxing Chemical Co. Ltd.”, “transfer of 27.6 percent equity of Gezhouba Xinjiang Real Estate Development Co.,Ltd.” listed at the price of 27 million yuan and “transfer of 4.36 percent equity of Beijing Jindi Land Development Co.,Ltd.” listed at the price of 17 million yuan.

  CBEX continued the robust trend in the previous week of the state-owned assets trading volume, concluded 13 projects with a trading volume of 2.097 billion yuan, achieving a week-on-week increase of 84.60% and the highest single-week trading volume in November. Real estate industry, achieving a trading volume of 1.897 billion yuan this week, special equipment manufacturing and electrical machinery and equipment manufacturing ranked top three in trading volume. The project of “transfer of 100 percent equity of Nanjing Yangtze International Shipping Center Development and Construction Company Limited” was concluded at a premium rate as high as 142.89%.

  II.Real assets

  The listed volume of real assets declined in comparison with that in previous weeks. This week, CBEX attached importance to the three projects on the use right transfer of state-owned commercial construction land. The three plots, boasting advantageous geographical position in Zhuhai, Guangdong and covering a total area of 10,700 square meters, have a total listed value of 26 million yuan.

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  III. Professional transaction platforms of CBEX

  This week, Beijing Financial Assets Exchange (CFAE) listed real estate and commercial bank equity projects scattered in Beijing, Hainan and Sichuan, such as “transfer of 65 percent equity of Beijing Xinda Property Co., Ltd.” with a listed price of 936 million yuan, “transfer of 35 percent equity of Hainan Jincui Real Estate Development Co., Ltd.” with a listed price of 290 million yuan and “transfer of 5million stocks of Leshan Commercial Bank Stock Co., Ltd.” with a listed price of 6.9 million yuan. China Beijing International Mining Exchange (CBMX) launched the “transfer of mining right for a Hunan-based gypsum mine” with a listed price of 100 million yuan. The mine boasts good hydrological, geographical, environmental and traffic conditions, attracting many eyeballs in the market. Beijing Petroleum Exchange (BPEX) continued releasing spot product demand and supply information of petrochemical products, including sulfur, refined oil, fuel oil, lubricants and chemical products.

  IV.Dynamic quoting projects

  A total of 64 projects were listed through the dynamic quoting system this week with a starting gross quotation of 72 million yuan, including administrative and institutional assets, vehicle assets and big-sum assets projects. And 41 projects were concluded, and the administrative and institutional assets and vehicle assets enjoyed premium rates of 84.64 percent and 94.55 percent respectively.

  

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