Real estate stocks encounter "Ice Age" Shimao shares 2 billion additional dream broken

When Shimao shares (600823, closing 10.45 yuan) on July 14, 2009 launched the "Non-public offering a A-share plan" (hereinafter referred to as "plan"), perhaps not thought of as "the most stringent" regulation policy will suddenly come, and the real estate stocks pushed into an "ice age."　　In the initiative to adjust the "plan", Shimao shares had to suspend the directional additional, 2 billion yuan financing dream with it dashed. In recent years, the withdrawal plan under the background of the sustainable development of China's economy, the increasing proportion of the service industry to the national economy, the improvement of the city function and the acceleration of the urbanization process, the market has a strong demand for commercial and office rooms located in the core areas of the city and large communities, and the mainland commercial real estate has ushered in　　"In the" plan "launched on July 14, 2009, Shimao shares a confident picture of the real estate industry's bright future. However, as a result of the rapid rise in housing prices in some regions, the country began to exert a very strict policy "combination boxing" at the end of last year, which not only led to the entire property stock into the "Ice Age", but also let the company's financing dream suddenly awakened.　　In a notice released today (June 10), the Board of directors proposed to repeal the 2009 issue of the company's non-public offerings and bring it to the General Assembly for consideration, in view of the major changes in the country's real estate sector policy since the second quarter of 2010. According to the launch of the "plan" last July 14, the company intends to 13.81 yuan/share price to not more than 10 investors not more than 150 million shares, a total of 2 billion yuan to raise funds. At that time, the company planned to use 1.7 billion yuan for 5 real estate projects, such as Qingdao World Olympic Building, to develop and operate, while the remaining 300 million was intended to supplement liquidity.　　It is worth mentioning that, in the "plan" before the disclosure, the company's share price suffered a warm pursuit of market funds, 5 trading day interval rose more than 28%. Has voluntarily lowered the amount of funds in fact, in order to ensure the smooth completion of the issue, Shimao shares have opted to actively modify the issuance scheme. On January 21 this year, the company once raised funds from no more than 2 billion yuan, reduced to no more than 1.7 billion yuan, cut the previous replenishment of the liquidity plan.　　However, from the final results, this effort has not been able to save the company to raise capital dream of the collapse of the fate, Self-Knowledge, the hope of a slim share of the world Mao finally chose to give up voluntarily. For the Shimao stock issuance plan stranded, insiders believe that with the recent collapse of property stocks have an inseparable link. Because the previous "plan" in the 13.81 yuan/share of the additional price, already far higher than the current 10.45 yuan/share price.　　And even if the company does not care for more shares in exchange for the same funds and lower the issue of additional prices, facing the prospect of real estate stocks worrying, I am afraid there will be few funds to join the embarrassing situation. In fact, after a share crash, a number of listed companies are currently stock prices are lower than the previous set of additional prices, real estate stocksMore is a "hardest hit", before, the industry's leading investment real estate (000024, closing price of 15.95 Yuan) in the additional prices from 28.12 yuan/share down to 20.60 yuan/share, still reluctantly chose to give up the issue, 5 billion yuan financing dream also to naught. And in the near future, I believe that more companies will voluntarily choose to give up the brewing has been a long time.