Shanghai Commercial News inquiry yesterday, Hengda Real Estate (Enterprise Zone, its real estate) the Chairman of the Group, said Xu Jiayin, Hengda is still" work together to prepare the listing, "to raise funds and plan the size of capital market conditions will be determined. Xu Jiayin in Beijing when the two are expected to participate in the national, Hengda Real Estate sales this year than last year, 20% -30% growth (more than 11 billion yuan in sales last year).
Hengda Real Estate on March 13 last year in Hong Kong started offering per share offer price set at 3.5 to 5.6 Hong Kong between the Hong Kong dollar, raised an estimated 104 billion to 166 billion, is expected to be 28 month in the Hong Kong Stock Exchange main board listing. At that time, many media have predicted that Hengda Real Estate may be over after the listing of Country Garden (Enterprise Zone, its real estate) (2007.HK) to become the mainland's largest real estate stock in the market value of one. However, due to international capital markets at the time of instability and serious unrest in the doldrums, the Hang Seng Index fell repeatedly, Hengda Real Estate in Hong Kong, the poor performance of initial public offering. To this end, Hengda Real Estate First, to extend the deadline for public sale, to last year's March 20, Hengda Real Estate announced that the program decided to postpone the IPO in Hong Kong. Hengda Real Estate, said the international capital markets in view of the ongoing volatility and uncertainty in market conditions, it was decided under the original schedule will not be available for sale worldwide. "When the time is appropriate and mature, we will re-listed on the release of the new plan."
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