To boost the stock price and enhance investor confidence, multiple listed real estate enterprises have announced shareholding plans, with company executives or major shareholders announcing plans to increase their stock holdings. Over the past two weeks, several companies, including Vanke, China Fortune Land Development, Xinhu Zhongbao, and Beijing North Star, have released stock shareholding plans, with increases ranging from tens of millions to billions of yuan. Among them, real estate leader Vanke's executives raised 0.2 billion yuan to increase their stock holdings, and voluntarily locked up their stock holdings for two years. On July 15, Vanke announced that based on its long-term confidence in the industry and the company’s future development, its backbone management personnel raised 0.2 billion yuan in funding and, within six months starting from July 10, 2024, entrusted a third party to voluntarily increase its A-share holdings through a REIT plan, subject to relevant laws and regulations. As of July 15, 2024, the shareholding plan had been fully implemented. Vanke stated that in order to enhance market confidence, the company's management team and backbone personnel jointly participated in the maximum shareholding within their capacity, expressing full confidence in the company's prospects and resolute determination to stand together in difficult times. (Pengpai News)
多家上市房企高管增持股票提振信心:万科一天内打光2亿元“子弹”
Multiple listed real estate company executives' shareholding boosts confidence: Within one day, Vanke spent 0.2 billion yuan in stocks.
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