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Dragon Lake real estate IPO this year to suspend the sale is expected to more than 10,000,000,000


A few days ago, the Information Office of the Chongqing Municipal Government held in November monthly news conference, the spokesman told reporters, said Zhou Bo, the current international capital markets environment impact, Chongqing Longhu Properties Group suspended the listing of this year.

Zhou Bo said:" At present, the Dragon Lake real estate business as usual, there is no operating problems. "It is reported that Chongqing as a whole despite the real estate industry is facing some challenges, but on the whole, still maintained a smooth and orderly and healthy development momentum In the current international capital markets have been seriously affected the environment, Dragon Lake, and other companies have chosen to suspend the listing is reasonable, does not exist in other areas.

Some concern expressed that the listing has no hope of this year, the Dragon Lake will be how? In response, hu-related group said the company has been prepared, he said: "The last eight or nine times loan-to-month crisis (focus on U.S. financial whirlpool), Dragon Lake on the market and do not listed on the two programs, and To resolve the financial market is entering a new Dragon Lake City and regional issues, that is to spend money on financing instead of filling the last hole. "

According to the

Dragon Lake Group Media Relations Director Gu Wei, in January this year to October Dragon Lake property in the country exceeded sales totaled 9.0 billion, compared to the same period last year, with growth of 30%. Dragon Lake is expected full year sales will more than 10,000,000,000 yuan. And according to industry estimates, in 2008 the country more than 10,000,000,000 yuan of real estate, there may be ranked 12-15 Dragon Lake, estimated to be optimistic about the top 10.

It was also revealed that the land bank for the Dragon Lake 13,000,000 square meters, more than 70% of the land-End section had been paid. Dragon Lake section of land as well as financial pressure on the pressure, do not imagine that the outside world so big. Dragon Lake related to the financial group also revealed that the person in charge, in order to change the structure of corporate debt financing arrangements and the reasonableness of the Dragon Lake are attempting through other financing arrangements will be part of two years to three-year loan into a five-year or even the long-term.

How to deal with the" winter ", shortly before the Dragon Lake of the Group held an internal meeting to determine the next step of the marketing companies, mainly three words:" in order to sell Dingchan, run small, low - High-opened follow. " Chow, general manager of Chongqing Longhu Dekang, "hu survive no problem, mainly the speed of development issues." He said that the industry's winter, there is just enough time to adjust the accuracy of management, after a career that will hu In terms of cost control, execution team, more mature, and so on.


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