2024-04-30 28Hse Editor
Li Jiacheng also mentioned that during the severe period of the epidemic, the Group also provided rental assistance to tenants in need, such as the catering industry that is facing bankruptcy. . The rental assistance rate for other tenants is not one-size-fits-all, and different concessions will be provided according to the situation of different industries to help them tide over the difficulties.
Mainland expected to continue to fine-tune housing policy
As for the mainland business, Li Jiajie said that at present, China Real Estate is focusing on reducing the balance sheet and reducing leverage, so the mainland real estate market will be relatively sluggish, and the mainland is also concerned about the prospects of mainland real estate, so many support policies have been introduced, including the cancellation of purchase restrictions in some cities and Limiting prices, I believe that the mainland will continue to fine-tune its housing policy, and the mainland property market will not plummet. Li Jiajie also mentioned that recently, due to the lockdown in Shanghai for several days, the Group’s local projects have also been affected. The progress of the project has been delayed by about half a year. Construction is now gradually resuming, and the Group will try to recover the progress in the second half of the year.
When asked about the current situation of the 94-year-old group founder Li Shau Kee, Li Jiacheng responded: "My father is doing very well. He is enjoying his retirement. He spends more time with his grandchildren and granddaughters. He is very happy."
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