Opinion Real Estate Network News:On November 25, with regard to the debt crisis in private housing enterprises, Leung Fung-Yee, Deputy Chief Executive Officer of the Hong Kong Securities Regulatory Commission, said that the SFC had assessed the risks of licensees in many ways and pointed out that the relevant risks were now manageable.

Ms Leung pointed out that the SFC had assessed the risks of licensees in various aspects, including margin mortgages of their internal housing stocks, the compliance process of the sale of Evergrande bonds, and whether they would be affected financially if they held the relevant bonds. Kaisa Securities, a subsidiary of Kaisa Group, earlier asked mainland customers to withdraw their securities and funds. Ms Leung said that this was a commercial decision of the licensee, but it also reminded the licensee to give customers sufficient time to withdraw money.