China's listed real estate companies have intensively released 2023 performance reports and held performance conferences. "Cash flow security" replaced "growth" and "scale" as high-frequency words.
Vanke proposed to reduce interest-paying debt by more than 100 billion yuan (RMB) in the next two years. China Overseas Land & Investment has proposed a goal of achieving a 25% growth in commercial revenue by 2024. China Merchants Shekou calculates the start of construction and land acquisition based on weekly, monthly and quarterly cash flow.