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Chinese Domestic Real Estate Firms Start Up Offshore Fundraising Boom

Dec. 5th, 2010    Joycommunications
Chinese real estate firms’ fund raising has been impeded in the Mainland. In the face of growing tensions of capital chain and surging international hot money, some listed real estate firms start up offshore fundraising boom in Hongkong. According to incomplete statistics, the offshore fundraising boom has reached approximately USD 5 billion since the end of October. So far this year, the real estate funding raised overseas has already exceeded USD 20 billion.