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Private placement of China-listed real estate firms: A conceptual idea.

Ning, Yuping and Abdul Jalil, Rohaya (2023) Private placement of China-listed real estate firms: A conceptual idea. Journal of Risk and Financial Management, 16 (12). pp. 1-22. ISSN 1911-8074

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Official URL: http://dx.doi.org/10.3390/jrfm16120516

Abstract

This article conducts a review of the literature on private placement and analyzes the risks facing China’s real estate companies. It argues that, within the framework of China’s hybrid economic model, private placement can serve as a market-oriented financing mechanism and risk mitigation strategy beyond the traditional banking system. The article focuses on the characteristics of private placement, prevalent hypotheses, and influencing factors. It also traces the evolution of financialization in the global real estate industry, outlines the development model of China’s real estate sector, and discusses the challenges and risks it encounters. Private placement offers various advantages, including reducing corporate leverage, strengthening working capital, and addressing information asymmetry issues. However, existing research in this field is still insufficient. Therefore, future research can provide a more robust theoretical foundation and guidance for policymakers, investors, and businesses.

Item Type:Article
Uncontrolled Keywords:hybrid economic model; private placement; real estate; real estate; risk mitigation strategy; risks.
Subjects:T Technology > TH Building construction > TH434-437 Quantity surveying
Divisions:Built Environment
ID Code:107092
Deposited By: Muhamad Idham Sulong
Deposited On:21 Aug 2024 07:02
Last Modified:21 Aug 2024 07:02

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