Perhaps no one thought to the famous chain Suning Appliance Group, one of the founders ZHANG Gui-ping is also a property developer, father and son in real estate on their business to do bigger than appliances. Because they are holding Suning Universal 8 months of this year the market has shrunk nearly 80 million of their personal wealth has shrunk by nearly 5 billion yuan. Because of their stake in the company as much as 60.91 percent. ZHANG Gui-ping his son than the greater proportion of wealth to the construction industry also started real estate mogul Lou Zhongfu, Zhejiang, in the last 8 months, his wealth shrinkage as high as 34.8%, he’s listed companies in Zhejiang Guangsha holding approximately 39.25% equity.
Real estate stocks fell for many reasons, but increasingly stringent regulatory policies of real estate is one of the reasons can not be ignored. According to the Central Plains real estate statistics, in January of this year so far, almost every month the property control policies introduced. For example, in January the two sets of mortgage payments shall be at least 40%, in February of “land – idle money” will be a one-time charge, in March of three types of housing land supply for housing construction shall not be less than 70% of the total requirement 78 central enterprises will be out of the real estate business, first home buyers concessions Deed provides that “State 19″ the implementation of the rules in April to tighten the two sets of these mortgages, in May a comprehensive adjustment of Guangzhou’s total land transfer fees received standard, in June of Guangzhou City, the Application List system, the credit tightening in July, August 3, Suite supervision of banks loans.
“Policy of intensive introduction, much like in 2008 when” a real estate company officials told reporters that the frequency of this introduction is rare.