A booming mainland shares listed on the secondary real estate brewing.

<P> Hearing, according to http://, with the booming stock markets, even overshadowed the performance of the Hong Kong stock market hot. .Some in Hong Kong-listed mainland property companies are brewing in the secondary market on the mainland. .In their eyes, eager for more opportunities for Chinese investors to make money as a gold mine waiting for development in general. .</ P> <P> These include: Guangzhou R & F Properties Co., Ltd. (Guangzhou R & F Properties Co., Referred to as: R & F Properties); Capital Land Ltd. (Beijing Capital Land Ltd., Referred to as: first .home) and Shanghai Forte Land (Group) Co., Ltd. (Shanghai Forte Land Co., referred to as: Shanghai Forte Land.) .</ P> <P> total deposits in China has reached the family about 2.2 trillion U.S. dollars, however, control of capital flows in China make the investment of ordinary Chinese people almost all concentrated in the mainland market, the mainland and then continue to push up real estate and stock market .value. .Although the Chinese government announced a pilot scheme to allow mainland investors to buy Hong Kong stocks, but has not seen rain only heard thunder. .</ P> <P> So, the mainland A share price level has long been compared with the high status of H shares should last for some time. .From the current situation, if a secondary listing on the mainland, those real estate developers listed in Hong Kong A share price of its Hong Kong stock prices higher than 40%. .</ P> <P> analysts believe that these real estate developers will not only return to the mainland stock market could be assigned to a piece of cake, but also play a significant move up H share price, narrowing the price gap with the A role. .Will provide investors with a return to the mainland H shares to determine share price undervalued or overvalued A ruler, but also depends on how investors in their own judgments. .</ P> <P> ads JP Morgan Chase (JP Morgan) • analyst Raymond Ngai (Raymond Ngai) recently provided a report to investors said, H share price will eventually be A shares because of the strong potential .benefit from the trend. .Well cover that shortage of land resources in China's real estate market, A shares and the subsequent secondary market will be a new funding source is critical advantage. .Financing for these companies between the two cities do not have to rely on debt or creating other forms of financing to raise money to purchase opportunities. .</ P> <P> Ngai also believe that, A shares listed in Hong Kong will help to improve the image of listed companies in China and the brand recognition. .For example, in Shanghai or Shenzhen in the second-tier real estate companies can provide a stronger foothold in the city, the real estate in prime locations of these cities, the competition is fierce. .</ P> <P> Beijing North Star Company Limited (Beijing North Star Co. Ltd., Referred to as: North Star) will be the success stories of these real estate companies have to follow the target. .Beijing North Star Company is a real estate developer under the Government in 1997, listed in Hong Kong last October in Shanghai listing. .Since then, the H share price rose 140%, while the A share price increase is as high as 385%. .</ P> <P> North Star will be available to raise funds for the purchase of Beijing and a series of second-tier cities, including Changsha, including the land, its share price gains so strong, to some extent is related with the use of these funds. .The company spent 9.2 billion yuan (1.23 billion combined) bought a mixed commercial and residential land in Changsha, which is the mainland in the land auction will be one of the maximum amount of the transaction. .The first time in the company to buy land outside Beijing there is such a generous, after the announcement of its A shares and H shares should be the sound up. .</ P> <P> However, these developers defected to A shares, but also vulnerable to the volatility in A-share market of (A shares, but also affected the oscillation Recently the Hong Kong equities). .Although the A shares and the mainland real estate market is now flourishing, but who does not know what day the bubble will burst. .Shanghai Composite Index this year, the cumulative gains of 107%, Hong Kong's Hang Seng index also rose 48%, but on Monday both A shares and H shares fell sharply. .</ P> <P> China's real estate market in the country's economic environment of sustained high growth, the trend has been predicted that real estate and bad-mouthing the opposite direction. .CB Richard Ellis (CB Richard Ellis) last week in a quarterly report on China's real estate said that although some people worry that the market is cooling and the government intervened to curb market overheating, but the mainland real estate market "fundamentals remain good" .. .According to the Hong Kong Institute of Macquarie Securities (Macquarie Equities Research) of Eva Lee estimated that in 2008 China's real estate prices also rose 5% to 20%. .</ P> <P> return to R & F Properties is interested in the mainland A shares of real estate developers. .This is both a developer has also developed residential projects with a national real estate company. .The company said it has A-share market in the secondary market in the final stages of preparation. .</ P> <P> the same as the first listed in Hong Kong and Shanghai Forte Land is also brewing return to A shares. .First home buyers in August this year, said its board of directors through the issuance of A shares has been 1.4 billion yuan financing plan, Shanghai Forte Land is also speeding up plans to return to A-share market. .</ P> <P> but the listing plan, on the one hand to get regulatory approval, we must also depend on whether the conditions of these companies listed on the mature judgments. .But now seems that Hong Kong investors in reaction to such programs is encouraging. .</ P> <P> this year in February when the Shanghai Forte to issue A shares in Shanghai and announced plans, the H shares rose 7.5% in heavy volume. .R & F Properties in April announced plans for its H shares a similar trend is also true, the stock rose 4.5%, while the first home buyers announced the return of A shares on the day, the stock also rose by 5.8%. .</ P> <P> Shanghai Shanghai Forte Land as the most powerful developers, land supply will be tight and the A shares listed on the second biggest beneficiary. .A share listing to raise new funds will be for the company in Shanghai, the most thriving city real estate acquisition of more land to provide support. .</ P> <P> according to CLSA Asia-Pacific Markets (CLSA Asia-Pacific Markets) of the data, completed in 2007, the amount of real estate projects in Shanghai is the lowest since 2002, only 63% in 2006. .In this case, the Shanghai real estate market will remain in short supply situation, and then push up real estate prices. .</ P> <P> CLSA Asia-Pacific real estate market, industry analysts Stephanie Lau in an analysis last month that it expects the Shanghai real estate market will maintain the current trend. .Upcoming issue of A shares will accelerate the development of Shanghai Forte Land and expansion, and trigger a new stock rating adjustments. .Stephanie Lau complex in Shanghai's stock rating to "buy", target price HK 8 per share (U.S. $ 1.03), compared with Tuesday's closing stock price of 5.80 Hong Kong dollars higher than 38%. .</ P> <P> Stephanie Lau added that Forte should be in Shanghai A-share market during the year, she estimated that this would provide for 510 to 670 million U.S. dollars in land acquisition funds. .</ P>.