Beijing chain Property today announced November 1 termination of cooperation with SouFun

Summary: View the latest quotes October 24 Evening News, Beijing chain Home Property today announced November 1 termination and SouFun (Nyse:sfun) cooperation, the latter in the opening today plunged 7.02%, reported 9.53 U.S. dollars, and then continued to fall. As of the time of the press, SouFun early to see the latest market

On the evening of October 24, Beijing chain Property announced November 1 termination of cooperation with SouFun (NYSE:SFUN), which plunged 7.02% to 9.53 U.S. dollars in the opening day and continued to fall.

As of the time of the press, SouFun fell to 8.65 U.S. dollars in early trading, down 15.9%.

Last night, Beijing chain Real Estate sent an internal mail to all employees and partners to explain why they stopped cooperating with the house search, the impact on the house search and its own and the next transition plan.

According to internal Mail, the reason for resisting the house search, there are three reasons: 1. The effect of home search is getting worse, the average monthly trading port in three years fell 80% 2. Search room evolved into intermediary companies, and links to form a competitive relationship; 3. SouFun in the solution of fake listings and repeated listings, did not provide customers with real information.

Then the House Board Chairman Tianquan issued an internal e-mail response said, thanks to the chain's previous support, and said the learning chain will continue to promote the room World Network (fang.com) big platform construction, to the real estate brokerage company change. (Chen Hui)