Not affected by policy fine-tuning foreign developers busy raising money

Source: Internet
Author: User
Keywords Real estate property market China China
Tags bank of paris change clear developers development financial financial crisis financial institutions
According to the Shanghai Securities Daily, after the next phase of China's real estate policy orientation is clear, foreign developers will not change next year's investment plan, and choose to enrich the "purse" in the year ahead, paving the way for expansion. such as Ruian Real estate just announced with the French Bank of Paris, Hong Kong branch, Daxin Bank, ICBC (Asia) Limited, China Construction Bank (Asia) Co., Ltd. and other 9 international banks and financial institutions signed 3-year, a total of HK $1 billion syndicated loans, will be used for general operating funds.  This is also the first time since the financial crisis last year, Hong Kong mainland property developers to obtain unsecured syndicated loans, Ruian, this is at least show that the financial sector of China's economic development and overall market development confidence. Also from the new World of developers in Hong Kong, China's top executives said the recent real estate policy aims to cool the red-hot property market, but not to suppress the property market, even if the property market cooling, the impact on the group is not.  Previously, China has signed a 4-year loan agreement of up to HK $250 million to finance its Chinese property, replenish its general operating capital and repay its debt with a new World project in 17 cities in the mainland. And the recent announcement of its China strategy in Shanghai, the Singapore Cade, the next 3-5 years plan to achieve 50 billion yuan investment targets. Cade, which will also push 5 trade real estate and 4 residential projects into China next year, has just launched its Cade business in Singapore last month to create an expanding financing platform. At the same time, this year, the establishment of the Cade China Standing Committee has signed a letter of credit agreement with BOC and ICBC.  Cade's senior said that China's real estate policy fine-tuning is to stabilize the property market, do not want to be excessive speculation, the next year, the Chinese market will also consider investment risk. UBS China's research executives think that, while the domestic housing bubble is likely to be disillusioned, but next year's real estate development investment will continue to be the growth momentum of fixed asset investment. Strategic analysts with securities firms are more outspoken, and the advice for developers right now is to try to circle the money, as long as the money is guaranteed and the market adjusts to the past and even to new opportunities.
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