Chapter One The analysis of industry development
Section One Summary of industry
1. The state of the real estate and finance
2. The real estate finance and the operation
3. The developing of China real estate finance
Section Two Economic Factors
1. The state of China economic development
2. The investment of the fixed assets
3. Chinese urban residents per capita disposable income of families and Engel's coefficient
4. The number of urban employment in China
5. interest rates on bank savings and loans
6. revenue and expenditure condition
7. Changes of RMB exchange rate
Section Three Social Factors
1. Population size analysis
2. Age structure analysis
3. Educational structure analysis
Chapter Two The policy and effect of the real estate finance
Section One The adjust phases
1. The state of the real estate market
2. The contents of the real estate market
3. The effect of the real estate finance
Section Two The development of the real estate finance
1. The state of the real estate market
2. The police of the real estate finance
3. The effect of the real estate finance
Section Three Local overheating phrase
1. The marketof the real estate
2. The police of the real estate finance
3. The effect of the real estate finance police
Section Four Analysis of the real estate finance policy of 2007
1. The land policy
2. The real estate police
3. The finance police
Chapter Three The analysis of international market
Section OneThe comparability of the real estate finance system
1. The setup of international real estate finance institution
2. The comparability of international important financing channel
3. The comparability of international government on real estate finance system
Section TwoThe America mode focused on securitization financing mainly
1. The characteristic of America real estate securitization financing
2. The composing of America real estate securitization financing channel
Section ThreeThe German mode focus on saving financing mainly
1. The main characteristic of German saving financing mode
2. The real estate securitization channel of German saving
Section FourSingapore mode focused on the securitization of social walfare fund
1vThe main of accumulation fund system
2. The characteristic of Singapore accumulation fun system
3. The composing of Singapore real estate accumulation fund channel
Section FiveThe revelation of real estate financing in development countries
1. Improving the financing mode of real estate indirect financing
2. Widening the source of credit fund
3. Developing the securitization of loan against collateral
4. Establishing and strengthening the affiance business of the real estate
5. Increasing the fusion of insurance fund and real estate finance market
Chapter Four The analysis of China market
Section One The analysis of real estate market
1. The analysis of land market
2. The demand of real estate market
3. The supply of real estate market
4. The price of real estate market
Section Two The analysis of real estate financing market
1. The characteristic of real estate development management fund movement
2. Definition of real estate financing
3. The fund resources and the classification of financing mode
4. Industrial chain and circuit mode of funds in real estate
5. The developing fund resources of real estate in China
Section Three The characteristic analysis of real estate financing mode in China
1. Direct financing accounts for the proportion to be very small
2. The bank credit fund is the current real estate enterprise's main capital source
3. After adds the being WTO entry trade, the foreign capital enters our country real estate profession massively
4. After macroeconomic regulation and control, the real estate enterprise's already started the multiplex financing attempt
Chapter Five Financing methods comparison of the real estate companies
Section OneThe real estate companies listing and financing on the stock market
1. Policy development of the real estate companies listed on the domestic stock market
2. Domestic real estate companies maintain the indirect financing as the main form of financing
3. Superiorities of the issuance of stocks for the real estate companies’ financing
4. Comparison and analysis of listing on the A-shares and Hong Kong stock exchanges
5. The existing problems in the issuance of stocks for the real estate companies’
financing
6. Analysis of the financing methods of the real estate companies
Section Two The real estate trust
1. Definition of real estate trust
2. The development of domestic real estate trust
3. Superiorities and existing problems in domestic real estate trust financing
Section Three Real estate investment trust fund
1. The definition and typical characters of REITs
2. The development of REITs in China
3. The developing prospect ,superiorities and conditions of REITs in China
4. The Obstacle of development of REITs and the suggestion
Section FourBonds financing of the real estate companies
1. The definition of bonds financing of real estate companies
2. The domestic current situation of bonds financing of real estate companies
3. The existing problems and superiorities in bonds financing of real estate companies
Section FiveBrief introduction of the other financing methods
1. Fund
2. Finance lease
3. Pawn financing of real estate companies
4. Joint exploitation
5. Mezzanine financing
Section Six Compare of different financing methods
Section Seven The real estate companies’ choice of different financing methods
1. Choice of financing methods on different development stages
2. Choice of financing methods for different development projects of real estate companies
3. Choice of financing methods for different scale of real estate companies
Chapter Six The risk analysis of the real estate financial market
Section OneRisk of lack of financing channels
Section TwoCredit risk management of the commercial bank
Section Three Default risk of Personal consumption credit for housing
Section FourVarious risks existing in real estate companies
1. Operation risk
2. Tax risk
3. Sale risk
Section Five Price risk of the real estate market
Section SixRisk of policy and legislation systems
1. Changing risk of policy
2. Risk of the uncertain rule of law
Chapter Seven Analysis of the tendency of industry development
Section One The tendency of industry development
1. Shoreward form of the financing market
2. Improving of the real estate financing system
3. Promoting securitization
4. Financial innovation followed fast
Section TwoThe scale forecasting
1. The relative Analysis of variables
2. Forecasting of the relative variables
3. Forecasting of sources of the funds in real estate companies
Chapter EightDevelopment strategy and suggestion of real estate financing
Section One Real estate financing from the point of view of Credit provider
1. Commercial bank should improve their system to guard against financial risks
2. Commercial bank should develop multiple real estate financial market
Section Two Real estate financing from the point of view of real estate companies
1. Real estate companies should acknowledge the financing market
2. Real estate companies should upgrade their scale and increase their competitiveness
CHART CONTENTS
Chart1: The increase rate of China’s gross domestic product of 2003-2007
Chart2: The increase rate of China’s investment in fixed assets of 2003-2007
Chart3: Chinese urban residents per capita disposable income of families and Engel's coefficient of 2003-2007
Chart4: The number of urban employment in China of 2004-2007
Chart5: Changes of China deposit interest rates of 1997-2007
Chart6: Changes of China loan rates of 1997-2007
Chart7: China's fiscal revenue and expenditure situation of 2001-2006
Chart8: Growth of China's fiscal revenue situation and fiscal revenue to GDP of 2001-2006
Chart9: China's fiscal revenue and expenditure structure of 2001-2005
Chart10: China's population growth rate and the number of cases of 1986-2007
Chart11: China's population age structure of 2007
Chart12: China's educational structure of 2005
Chart13: Purchase of the land area and it’s growth rate of 2001-2007
Chart14: Completed land development area and it’s growth rate of 2001-2007
Chart15: Sales area of China’s commercial housing and growth rate of 2001-2007
Chart16: Sales amount of China’s commercial housing and growth rate of 2001-2007
Chart17: Completion of China’s Residential investment and growth rate of 2001-2007
Chart18: Completion of China’s commercial real estate investment and growth rate of 2001-2007
Chart19: Completion of China’s office building investment and growth rate of 2001-2007
Chart20: Average price of China’s commercial housing and growth rate of 2001-2007
Chart21: Housing price index of China’s 70 large and medium-sized cities from 2006 to 2007
Chart22: China's real estate industry chain and cash flow
Chart23: Amerina's real estate industry chain and cash flow
Chart24: Structure of real estate development enterprises’ funding sources of 2001-2007
Chart25: Growth trends of real estate enterprises’ mainly funding sources from 2001 to 2007
Chart26: Listing region distribution of China's real estate enterprises
Chart27: Listing ways distribution of China's real estate enterprises
Chart28: Plot and related plans between Real estate funding sources and GDP
Chart29: Plot and related plans between Real estate funding sources and investment in fixed assets
Chart30: Plot and related plans between Real estate funding sources and residents consumption level
SHEET CONTENTS
sheet 1: China’s real estate investment and Residential investment and GDP rate of increase from 1998 to 2002
sheet 2: Funding sources in China’s real estate enterprise from 1998 to 2002
sheet 3: Comparing of the financing style of International real estate enterprises
sheet 4: Method of government interventioning real estate finance market
sheet 5: Fund source about real estate enterprise from 1997-2007
sheet 6: Capital fund and incur debts of real estate enterprise
sheet 7: Chinese enterprise’s IPO averageforward price/earnings ratio Among different market
sheet 8: Chinese enterprise’s secondary market IPO average forward price/earnings ratio
sheet 9: Enterprise accumulate funds in Hong Kong and A share
sheet 10: Advantages and disadvantages analyse on domestic and Hong Kong real estate enterprise
sheet 11: Advantages and disadvantages analyse on real estate enterprise IPO stock market sale.
sheet 12: Comparing of the domestic real estate entrust and foreign REITs
sheet 13: Comparing of the difference financing style in real estate enterprise
sheet 14: The choice on financing style and financing feature at different develop stage
sheet 15: The choice on financing style and financing feature at different develop project
sheet 16: The choice on financing style and financing feature at different real estate enterprise scale
sheet 17: Fnd source of real estate enterprise in our country from 1998 to 2005
sheet 18: Authority institution’s forecast on future five year GDP
sheet 19: Forecast on GDP from 2008to 2011
sheet 20: Authority institution’s forecast on future five year fixes assets invest
sheet 21: Forecast on fixes assets invest from 2008to 2011
sheet 22: Forecast on resident consume level from 2008to 2011
sheet 23: Forecast on fund source of real estate from 2008 to 2011
