Mr Chan Kwok-keung: Non-real estate enterprises to enter the property market departure strategic positioning

BEIJING, May 17, the State Council SASAC "Check-out order" published nearly two months, the central enterprises "Check-out" process was pointed slow.　　In this respect, Beijing University Real Estate Research institute Director, China Real Estate Association vice President Chen Kwok-keung, said that the central enterprise exit real estate market is not to be able to accomplish things, and pointed out that the central enterprises of non real estate industry into the real estate market, deviated from the company's strategic positioning.　　According to a new report released by China Index Institute 13th, up to now, 78 central enterprises in the equity exchange listed only 7 of the assets transferred, the real estate business transfer has not formed a trend, volume is small, the exit process is slow. Chan Kwok-Keung believes that real estate is a competitive, relatively high degree of market-oriented areas, as the main state-owned capital representatives, have their own special strategic positioning. As such enterprises, the central enterprise into the real estate sector, should be deviated from the company's strategic positioning.　　Mr Chan said that, in addition to the real estate as the main business of a number of central enterprises, 78 of central enterprises from the real estate sector exit, he personally holds a positive and affirmative stance. However, Mr Chan pointed out that quitting is not something that can be done overnight and may involve many related issues. For example, the existing assets of the clean-production joint venture, the relevant personnel placement, asset reorganization and so on. It may take much longer to complete this process, since March, when Sasac demanded that the state-owned enterprises not real estate be withdrawn from the property market. Whether it's a complete exit or just cosmetic, there needs to be more practical examples to judge. In his view, from the direction of policy guidance, the real estate business enterprises from the real estate exit to help the development of real estate, conducive to the return of state-owned capital to the main industry, to do strong business.