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: 国产精品亚洲综合久久 | 一级黄片毛片 | 日韩欧美一级毛片视频免费 | 欧美亚洲国产成人综合在线 | 久久精品国产一区二区三区不卡 | 亚洲精品久久久久网站 | 美女张开腿黄网站免费国产 | 久久精品系列 | 欧美怡红院免费全视频 | 手机在线毛片 | 国产猛烈无遮掩视频免费网站男女 | 成人国产一区 | 国产精品国产 | 国产成人美女福利在线观看 | 国产高清美女一级a毛片久久w | 久久综合伊人77777 | 欧美一级欧美三级在线 | 日韩欧美一及在线播放 | 国产精品2020 | 国产成人mv在线观看入口视频 | 日本一本黄 | 国产精品一区高清在线观看 | 久草影视在线观看 | 日本免费二区三区久久 | 亚洲国产精品区 | 91精品欧美综合在线观看 | 成人免费网站在线观看 | 热er99久久6国产精品免费 | 91热久久免费精品99 | 亚洲精品一区亚洲精品 | 久久99精品久久只有精品 | 国产网站91 | 日本卡一卡2卡3卡4精品卡无人区 | 欧美成人免费高清二区三区 | 欧美成人激情 | 一区二区三区中文 | 毛片3| 草草影院欧美三级日本 | 在线视频中文字幕 | 加勒比一区在线 | 亚洲综合网址 |