“The housing company has a lot of high-quality land storage in Dawan District, and there is no suspense in the queue to advance to the 100 billion club.
Behind the 100 billion, the project reputation crisis in China Aoyuan, the financial risk under the aggressive expansion of Midea Real Estate, the cost increase brought by the nationalization of Longguang Real Estate, and the super debt ratio of Kaisa are still in Guangdong. The “four little dragons” cannot circumvent the development problem.