www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Industries

Property firm stands out from crowd

By ZHENG YANGPENG (China Daily) Updated: 2015-07-21 08:32

Property firm stands out from crowd

Dalian Wanda Group Co Ltd, the commercial real estate giant, last month launched an online crowdfunding project to fund new malls, which generated an Internet buzz. [Photo/China Daily]

Wanda Group's decision to raise money online to help develop major shopping center projects has caught the public's imagination

Crowdfunding has taken on a whole new meaning in China. When it first became popular in the United States and Europe in 2003, it centered around small startup companies looking to raise money by enticing a few hundred investors.

But here crowdfunding has reached a different level with the country's leading commercial real estate player using the investment model to finance multibillion-yuan construction projects.

On June 12, Dalian Wanda Group Co Ltd generated an online buzz when it invited small investors to put their hard earned cash into the construction of five shopping malls.

"Large scale crowdfunded projects around the world have brought in millions (of dollars), but a project on this scale is decidedly rare," Wanda said in a statement. "For a product to launch and sell out so quickly is quite a feat."

Rolled out on the 99Bill.com website, in which Wanda owns a controlling stake, the company raised 5 billion yuan ($806 million) in just three days, with 100 million yuan pouring in during the first 50 minutes. Institutional investors also scrambled to get in on the act.

"We named the product Stable Earner No 1 because that is what it is," Wanda, who reported an 18 percent growth in first half revenue this year compared to the same period in 2014, said. "The funds raised will be invested in a real company and will be exclusively used in construction operations for Wanda Plazas."

The key to the company's crowdfunding success was simple.

Small investors were allowed to take a stake in the company's latest projects for as little as 1,000 yuan or as much as 1 million yuan, which will generate an annual return of around 12 percent.

That is considerably more than the 2.25 percent offered by traditional banks for a one-year deposit account or 5 percent by wealth management funds.

Small investors are also financing the "Wanda Plaza" brand, which is considered a safe option after the turmoil that has engulfed China's stock markets.

"We offer stable returns," the company said. "Under Wanda Group's strong brand appeal, the annual occupancy rates and rental collection rates from its commercial real estate business average more than 99 percent. This is enough to ensure that investors can obtain a stable annualized rate of return."

Previous Page 1 2 3 Next Page

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 国产一级大片 | 欧美一级高清在线观看 | 全黄性高视频 | 中文字幕一二三四区2021 | 99久久精品国产综合一区 | 黑人巨大交牲老太 | 精品国产一区二区三区不卡 | 一级黑人 | 色综合久久一本首久久 | 曰韩一级毛片 | 欧美日本亚洲国产一区二区 | 欧美二区视频 | 久久橹| 爱爱客影院在线影院gf发现 | 久久精品一区 | 国产手机在线小视频免费观看 | 欧美成a | 亚洲夜 | 亚洲国产精品久久久久久 | 久久精品免视着国产成人 | 91精品全国免费观看 | 在线 | 一区二区三区四区 | 久久精品免视着国产成人 | freese×video性欧美丝袜 | 呦女亚洲一区精品 | 国产成年网站v片在线观看 国产成人aa在线视频 | 国产精品短视频免费观看 | 久久的精品99精品66 | 怡红院免费va男人的天堂 | 特级欧美午夜aa毛片 | 中国一级特黄大片毛片 | 成人精品亚洲人成在线 | 欧美日本一道道一区二区三 | 亚洲乱码一二三四五六区 | 国产永久免费高清动作片www | 欧美精品一二三区 | 特级毛片www欧美 | 另类毛片| 成年男女免费视频网站播放 | 九九成人免费视频 | 日韩欧美理论片 |