Proceedings of the 2023 2nd International Conference on Economics, Smart Finance and Contemporary Trade (ESFCT 2023)

Comparison of the Financing Methods of Real Estate Enterprises in China: Vanke and China Overseas

Authors
Xun Wang1, *
1Shandong University of Finance and Economics, Jinan, 250220, China
*Corresponding author. Email: 202263140207@sdufe.edu.cn
Corresponding Author
Xun Wang
Available Online 10 October 2023.
DOI
10.2991/978-94-6463-268-2_4How to use a DOI?
Keywords
Financing methods; Vanke; China Overseas
Abstract

Real estate drives China’s economic growth and is a pillar industry in China. In the past 20 years, real estate has made a high direct contribution to China’s economic development. Its chain is long and drives the development of many industries. However, real estate requires a large amount of capital, long capital turnover time, and greater financing needs. The continuous fermentation of the Evergrande incident in 2022, the tightening of the national policy on real estate loans, and the introduction of the “three red lines” have increased the difficulty of financing loans for real estate enterprises, so the financing of real estate enterprises needs to be diversified. Both Vanke and China Overseas are among the top 10 real estate enterprises, but their financing methods are different. The study compared the financing methods between Vanke and China overseas and got the conclusion. According to the analysis, China Overseas has made steady progress in its development, while Vanke’s development has certain risks. Both enterprises need to innovate financing methods. These results provide suggestions for the long-term development of China Overseas and Vanke real estate enterprises, and offer guideline for other small and medium-sized real estate financing methods.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2023 2nd International Conference on Economics, Smart Finance and Contemporary Trade (ESFCT 2023)
Series
Advances in Economics, Business and Management Research
Publication Date
10 October 2023
ISBN
10.2991/978-94-6463-268-2_4
ISSN
2352-5428
DOI
10.2991/978-94-6463-268-2_4How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

TY  - CONF
AU  - Xun Wang
PY  - 2023
DA  - 2023/10/10
TI  - Comparison of the Financing Methods of Real Estate Enterprises in China: Vanke and China Overseas
BT  - Proceedings of the 2023 2nd International Conference on Economics, Smart Finance and Contemporary Trade (ESFCT 2023)
PB  - Atlantis Press
SP  - 24
EP  - 32
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-268-2_4
DO  - 10.2991/978-94-6463-268-2_4
ID  - Wang2023
ER  -