Ping An securities analysts believe that the real estate developers around the end of the most tight

Sales growth this year is lower than the amount of development achieved, at the beginning of this year, most of the real estate developers ' cash reserves can be maintained for eight months to 10 months, if the regulation continues, cash flow is obviously under pressure "Caixin net" (reporter Fu Yanyan) October 10, Ping An securities chief strategy analyst Wang in China Ping An Fortune forum, said　　By the end of this year, developers will be at the top of the cash flow at the beginning of next year. The data from Ping An securities show that the overall growth of real estate sales is lower than the completion of the industry development investment growth. For example, since 2010, investment has increased by about 30%-45% year-on-year, while the sales area increased by only about 5% to 25%.　　Wang that if the industry regulation continues, the future housing enterprises may face greater cash flow pressure. Wang revealed that most companies ' cash reserves could be maintained for eight months to 10 months at the beginning of the year when they surveyed the house.　　As a result, he believes, the cash flow of the housing companies will be the most tense by the end of next year. He thinks the ideal state is that, in the new round of regulation, sales increase, and prices remain stable or slightly lower. "But it's unlikely. "