So that buyers pleased that the recently published data are likely to ease the final months of this year, in July showed 70 large and medium cities nationwide average price rose by only about 10%. Andy Xie, the author refers to it, in December to buy. For home buyers, this is good news, however, is for the developers, may mean that winter is soon to come. Wang Shi and said, prices will drop.
In fact, developers have the memory, also filled with memories of the 2008 winter. The first half of both sales and the sales area were among the best in China Hengda Real Estate boss Xu printed on different occasions about the 2008 Hengda facing life and death, then in March, Hengda Real Estate in Hong Kong initial public offering failed, then in October, the financial tsunami climax, in order to ensure cash flow, Hengda large variety of incentives to sell real estate, and a cocktail of Hong Kong tycoon Cheng Yu-tung’s words almost getting bigger straw, Cheng Yu-tung who was half-jokingly half-seriously to please Xu leave India for their shares. Hengda Real Estate to increase their investment in time, Cheng Yu-tung, Deutsche Bank and Merrill Lynch to participate actively so that Hengda Real Estate to raise much needed funds.