The SOHO China seeks while the Tsunami

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The SOHO China seeks while the Tsunami purchases SOHO China (0410) Chairman Pan Shiyi to indicate that after the Olympic Games round the world the state of business unexpectedly worsens, therefore the company also adopts “the hibernation” the strategy, observes the market shift carefully. As a result of present property price and peak time difference approximately 50%, therefore current will happen to be carries on the purchase the timeliness, the company will concentrate in Beijing and Shanghai's lively land sector looks for the purchase goal, but stressed that will only purchase the project, but cannot the merger and acquisition enterprise. Company chairman the Yan crag supplemented, presently is consulting in the middle of seller half for foreign investment fund, part for financial strain developer. At the same time, the company has no intention to invest Taiwan market temporarily. regarding has refers to inland real estate market to present the return to warmer weather sign, Pan Shiyi believed that started from last January inland floor rate to fall, in 4 months the turnover starts to last November to rise again until now, but middle was big by the indemnificatory housing proportion, occupied the sales area over 40%, sales amount over 30%, still had the tremendous pressure to the ordinary housing market. Next, has many developers in 06 year the second half of the year and 07 years to carry on the large-scale circle place, stores up the massive lands and the goods in stock, also creates the great selling price pressure. The whole world financial crisis brings certain impact, but is mainly to the high scale project, but the scale project influence is not big.