Investment and real estate wind drifted

No one can predict 2011 China Shanghai index is 2000 point or 8000 point, youngor

investment profits will not NBA Hats
forecast. In group business occupies the huge

proportion of real estate development also faces an uncertain future, so youngor

performance ups and downs even its own hard also accurately.

In 1999, youngor 3.2 billion yuan of shareholder citic securities investment

cost, the ban to cash DC Hatsin succession more than 60 million yuan. Until the end of

2009, still holds 1.1 billion shares. While in haitong securities investment but

not so good luck. In 2008, aiming at the haitong investment, youngor forced

provision for impairment 11.33 billion yuan. To the end of 2009, youngor hand had

only 1000 million shares haitong securities, selling only save 3.32 million yuan

loss. Copied successfully investment citic's myth has no possible. Although fell,

but moneybags youngor and no retreat. 2009 youngor from "financial asset" net

profit for 18.5 billion yuan, of which 17.23 billion yuan from citic securities

and haitong securities. 2009 to 2010 to six months, youngor investment more than

40 billion yuan in the Shanghai pudong development bank (input 17.59 billion yuan

subscribe 1.06 million shares), suning appliances (input 6.88 million yuan

subscribe 4,000 million shares), Mr Fukuda car (input arose 2.53 billion yuan

subscribe 14 million shares),Discount New Era Hats vanda heavy division (input 5.61 billion yuan

subscribe 3000 million shares of the listed company), etc, but also of shanxi

directional additionally-issued sunshine coking eight items of 7 billion yuan of

the equity investment. In more than 20 holding listed companies worth more than

135 million yuan, the company 52.62% net year-on-year growth.

2009, youngor confirmation of real estate income for 51.9 billion yuan, net

profit 11.9 billion yuan. By the end of 2009, youngor 15 total construction

projects 224.6 million square meters, has completed investment 77 billion yuan.

These programs altogether finished must also invested more than 80 billion yuan,

and the next two years funds under a lot of pressure. And hand can sell existing

home only 6.12 billion yuan. In addition, youngor with 18 blocks "to develop

land", that is, the land reserve. The 18 land area 262.6 million square meters

(face), cost of building was billion yuan, the average cost of $26.5 floor. These

six pieces of total 625,000 million square meters (face) of the land is built new

starting in 2009, but floor cost more than yuan. In large quantities, large area

and the land of shinar high prices, youngor data shows in the real estate

business on a radical.

Youngor investment the core competitiveness of the enterprise financial strength

and visibility is, citic, haitong securities, ningbo bank, suning appliances,

vanda heavy section of the big companies such as equity financing business will

"seek to come." Although got "first hand", but is not equal to the steady earn

not to compensate. By 2010, youngor heavy storehouse end of June 16 listed

companies hold stock great majority is involved in directional additionally-

issued low-cost access, but half a years market capitalisation unexpectedly

shrink 1.98 billion yuan. Of course, the risk of losing money than people much

smaller. As for in the secondary market fry, LiRuCheng cheque-book hire team is

clever, two years ago but luck earned a few hands. Now youngor has seldom go to

fry, 2010 fired first half only 3 pens. The embarrassing is no stronger than its

weakest link: Fried China petrochemical kui 5737 yuan, shimao stock kui 14.5

million yuan, shanghui development kui 71 million yuan.