Lo 2 billion heavily overweight Ruian real estate

According to the data of each trainee reporter Yang Ke, the Ruian real Estate (00272,HK) Chairman Lo on June 10, with an increase of HK $4.87 per share, with a total stake of HK $2.038 billion and its shareholding increased from 59.98% to 69.98%. According to the previous daily economic news report, the Swiss House announced in June, in the new way, in the first old, a total of HK $4.87 per share of the share of the company, placing a net amount of HK $1.995 billion for the development of existing land reserves or general business uses.　　It can be said that lo this is to undertake the full share of the sale of the Swiss house.　　The shares yesterday to the Chairman of the positive performance of the flat, repeated throughout the day, to close the closing 5.09 Hong Kong dollar, a decrease of 0.2%, a deal of HK $280 million.　　DBS recently said it expects sales to be strong in Shanghai's Rainbow Metro project, which opens in July, and that a strategic rights issue will strengthen its financial strength to increase property development, maintain its "buy" rating and raise its target price from HK $5.41 to HK $5.94. At the same time, another big line-JPMorgan Chase also came out to sing well, it means that after the placement of the Swiss house, the funds can be used to expand the existing projects and stimulate the profit growth after 2010 years, and the mainland government will have more free cash to develop future projects, with a "neutral" rise to "overweight", as well as a recent reduction in the capital ratio　　The target price was sharply raised to HK $6.6. It is understood that Rui Room is one of the leading real estate companies in China, headquartered in Shanghai, for the Shui on group in the mainland real estate flagship company. It is mainly engaged in the development, sales, leasing, management and long-term holding of high-quality residential, office buildings, etc., the company on October 4, 2006 on the Stock exchange of Hong Kong listing, for the year's largest Chinese real estate enterprises listed projects.