Eight "housing enterprise leaders" have just been born! Vanke, Longhu, Greentown and Poly are on the list.

Recently, HSBC published a research report on the real estate industry in China, suggesting that the real estate industry in China will undergo a complete transformation in the next 10 year.

The era of rapid expansion with leverage has completely ended, and developers will have to deal with strict lending restrictions. The industry has entered the 3.0 stage, which is full of challenges, but it is an opportunity for "survivors".

The report divides China real estate into four categories, including industry leaders, ordinary developers, "developers in trouble" and others.

Industry leader

Eight companies have a low probability of default.

Vanke, Poly, China Shipping, China Resources, China Merchants, Longhu, Greentown and Xuhui

It is worth noting that there are only two private enterprises, Longhu and Xuhui, among which the finance is the most stable and the default risk is the lowest.

Ordinary developer

The default chance is the highest.

Country Garden, Gemdale, China Jinmao, Xincheng Development, Agile, Midea Real Estate, Ocean Shipping Group, Yuexiu Real Estate, Zhong Jun Group, New Hope, Hejing Taifu, China Railway Construction, China Communications Real Estate, Times China, etc.

"Sick" developer

19 The company has a high probability of default or has already defaulted.

Sunac, China Evergrande, Greenland Holdings, Shimao, Jinke, Sunshine City, COFCO, Zheng Rong Real Estate, Longguang, Aoyuan, R&F, Caesar, Yuzhou, Baolong Real Estate, Hongyang Real Estate and Rongxin China.

other

Small housing enterprises not mentioned in the above list

For buyers, this classified list is still of great reference value. Reliable housing enterprises can be quickly locked through the level of default opportunities of housing enterprises.

The brand strength and financial status of the eight industry leaders in the classification are also obvious to all, which is basically consistent with the positioning in the eyes of ordinary people, which also injects more confidence into outstanding housing enterprises in the industry.

In the case of uncertain market conditions, perhaps only these relatively stable housing enterprises can survive the cycle safely and survive in this big reshuffle!