Real Estate
Top Real Estate Brands in China
The top 3 real estate Companies in China – China Overseas Land
and Investment Limited, China Vanke, China Resources Land have a market capitalization of more than 40 billion US dollars as per Wikipedia. In the years leading up to the 2008 financial crisis, the real estate sector in China was growing so rapidly that the government implemented a series of policies – including raising the required down payment for some property purchases, and five 2007 interest rate increases – due to concerns of overheating. But after the crisis hit, these policies were quickly eliminated, and in some cases tightened. Beijing also launched a massive stimulus package to boost growth, and much of the stimulus wound up flowing into the property market and driving prices upward, resulting in investors increasingly looking abroad. By late 2014, the IMF warned that a real estate oversupply problem had arisen that threatened to negatively impact the economy, particularly in 2nd and 3rd tier cities.As of 2015 the market was experiencing low growth and the central government had eased prior measures to tighten interest rates, increase deposits and impose restrictions.By early 2016, the Chinese government introduced a series of measures to increase property purchases, including lower taxes on home sales, limiting land sales for new development projects, and the third in a series of mortgage down payment reductions.
Following are the top real estate companies in China as per Market Capitalization
Rank | Name | Type | Headquarters | Market capitalisation in US$ billion |
1 | China Overseas Land and Investment Limited | State-owned | Hong Kong Hong Kong | 17.8 |
2 | China Vanke | Public | China Shenzhen, Guangdong | 15 |
3 | China Resources Land | State-owned | Hong Kong Hong Kong | 10.7 |
4 | Poly Real Estate | Public | China Guangzhou, Guangdong | 10.6 |
5 | Shimao Property | Public | China Shanghai | 6.2 |
6 | Country Garden | Public | China Foshan, Guangdong | 5.8 |
7 | R&F Properties | Public | China Guangzhou, Guangdong | 5.2 |
8 | Sino-Ocean Land | State-owned | China Beijing | 5.2 |
9 | Agile Property | Public | China Zhongshan, Guangdong | 4.7 |
10 | China Merchants Property | State-owned | China Shenzhen, Guangdong | 4.4 |
11 | Financial Street Holding | State-owned | China Beijing | 3.9 |
12 | Poly Property | Public | Hong Kong Hong Kong | 3.7 |
13 | Glorious Property Holdings | Public | China Shanghai | 3 |
14 | Franshion Properties | State-owned | Hong Kong Hong Kong | 2.9 |
15 | SOHO China | Public | China Beijing | 2.9 |
16 | Shui On Land | Public | China Shanghai | 2.6 |
17 | Hopson Development | Public | China Guangzhou, Guangdong | 2.5 |
18 | New World China Land | Public | Hong Kong Hong Kong | 2.1 |
19 | Yuexiu Property | State-owned | Hong Kong Hong Kong | 1.9 |
20 | KWG Property | Public | China Guangzhou, Guangdong | 1.8 |
21 | Sunac China | Public | China Tianjin | 1.3 |