Research On The Financing Model And Risk Of Overseas Investment Of Private Housing Enterprises

The real estate industry is a capital-intensive industry.In recent years,its investment scale has increased with the increasing demand for funds.In order to curb the overheating of China's real estate market and avoid the excessive growth of housing prices,the government has issued a series of regulatory policies to regulate the development of the real estate market based on the main tone of "do not speculate on real estate".And under the influence of national control policies,for real estate companies,how to choose a scientific and reasonable financing model suitable for their own development is an important problem that their long-term development needs to face and solve.In addition,in recent years,with the continuous narrowing of the domestic market profits of housing companies,the obvious periodic regulation of the domestic market,and the normalization of high-pressure policies,many real estate companies have actively participated in the historical opportunities of the Belt and Road Initiative.go with.Many housing companies have tested the overseas market,and overseas investment by housing companies has shown a large-scale growth.There are dozens of related industries behind the real estate industry.Expanding overseas markets is not only conducive to the development of the enterprise itself,but also can improve the local employment rate in the country where the investment is made,and provide a series of supporting services such as high-quality infrastructure and education and medical care.The overseas market needs ample cash flow support,otherwise it will be difficult to resist the risks of the international market.At the same time,with the tightening of domestic regulatory policies and the low interest rates of the international capital market under quantitative easing policies,more and more housing companies are turning to offshore financing.Overseas investment and overseas financing complement each other.Overseas financing of housing enterprises not only expands the source of funds for enterprises,but also provides foreign exchange reserves for overseas investment of housing enterprises.As a domestic leading private housing company,Country Garden was listed on the Hong Kong Stock Exchange in 2007 and began to expand overseas markets in2011.Constantly using the international capital market to raise funds for enterprises,and its diversified financing model allows it to maintain its own advantages in the fierce competition in the industry.However,the international market is relativelymore severe and complicated,and it is inevitable that enterprises will face a certain degree of risk.This article first analyzes the current financing situation of China's real estate industry.Taking Country Garden as a case,the financing model is mainly overseas,and the domestic is supplemented.The domestic and overseas financing models are compared and analyzed,and the financing risks are then analyzed.At the same time,as its Malaysian forest city project uses overseas financing methods such as Islamic bonds,it further selected its Malaysian forest city project for analysis to explore what financing model it uses and what kind of financing risks it faces.Housing companies have recommendations of reference value.The purpose is to provide ideas and inspirations for real estate companies in how to choose a scientific and reasonable financing model and how to strengthen risk prevention under the environment of increasingly tight macro-control and in the process of overseas investment.