Comparison of the Financing Methods of Real Estate Enterprises in China: Vanke and China Overseas
- DOI
- 10.2991/978-94-6463-268-2_4How to use a DOI?
- Keywords
- Financing methods; Vanke; China Overseas
- Abstract
Real estate drives China’s economic growth and is a pillar industry in China. In the past 20 years, real estate has made a high direct contribution to China’s economic development. Its chain is long and drives the development of many industries. However, real estate requires a large amount of capital, long capital turnover time, and greater financing needs. The continuous fermentation of the Evergrande incident in 2022, the tightening of the national policy on real estate loans, and the introduction of the “three red lines” have increased the difficulty of financing loans for real estate enterprises, so the financing of real estate enterprises needs to be diversified. Both Vanke and China Overseas are among the top 10 real estate enterprises, but their financing methods are different. The study compared the financing methods between Vanke and China overseas and got the conclusion. According to the analysis, China Overseas has made steady progress in its development, while Vanke’s development has certain risks. Both enterprises need to innovate financing methods. These results provide suggestions for the long-term development of China Overseas and Vanke real estate enterprises, and offer guideline for other small and medium-sized real estate financing methods.
- Copyright
- © 2024 The Author(s)
- Open Access
- Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.
Cite this article
TY - CONF AU - Xun Wang PY - 2023 DA - 2023/10/10 TI - Comparison of the Financing Methods of Real Estate Enterprises in China: Vanke and China Overseas BT - Proceedings of the 2023 2nd International Conference on Economics, Smart Finance and Contemporary Trade (ESFCT 2023) PB - Atlantis Press SP - 24 EP - 32 SN - 2352-5428 UR - https://doi.org/10.2991/978-94-6463-268-2_4 DO - 10.2991/978-94-6463-268-2_4 ID - Wang2023 ER -