The Expansion Patterns And Financing Ways Of The Listed Real Estate Companies

The real estate industry of China has got tremendously progress duringthe past three decades, a lot of real estate development companies caught thissuperduper opportunity to growth and expansion their scale as quick and bigas they can. Now days, almost all real estate developer are focusing on rapidexpansion of their scale, and they utilized various expansion strategies to helpachieving their target. We can conclude some same things among thesevarious expansion patterns and diference things as well. In this paper, it triesto analysis a part of typical listed real estate companies in A Share Market ofChina and HKEx and classifies the expansion patterns, studies the growthrate, ROE, risk and finacing ways of diference patterns.According to the diference features of each company’s expansionpattern, this paper classifies them into four major patterns: conservativeexpansion, moderate expansion, radical expansion and countercyclicalexpansion. It also compared their advantage and disadvantage of these fourpatterns, even further compared in difference market situations.Along with finace industry’s further development and improvement inChina, there are more and more finacing ways and manners that provide tocompanies. It seems that there are much more finacing choices in the marketthan before, but few company has entire freedom for choosing the finacingways as they want. The freedom of real estate developers is choosing theirexpansion pattern, not finacing manner. In other words, it is realistic forcompanies to choose their expansion patterns, such as conservative expansion,moderate expansion, radical expansion or countercyclical expansion. But while the expansion pattern was finalized, the finacing ways were infuencedin a certain extent accordingly.