Lining'S Difficult Move Jumps The Real Estate Industry &Nbsp; The Future Is Hard To Say.

December 10th sporting goods giant Lining Through the new affiliate, the intention is to get into the houses that are crowded together. Real estate This industry is exactly the same as the new slogan "Make The Change" just released soon after. Although its spanformation of real estate is hard to say in the real estate regulation and huge capital pressure, Lining has gained a lot in this "jump".

　　 Magazine The cover story of December 2010 introduced the real estate Lining, a sports giant to complete the financial leap, written by Wang Nali and Sun Hong. It thoroughly analyzed how Lining developed the ingenious financial skills of "grass boat and arrows", and successfully developed a Hongkong gem gem stock company that had been losing money for a long time to become a laying golden rooster and made a key step for its entry into the real estate industry.

In April 2010, Hongkong gem's listed companies were pleased to save energy (08032.HK, now known as "extraordinary China"), and became Lining's other capital operation platform besides 02331.HK (Li Ning Co). By buying the preferred energy saving preferred stock and convertible bonds at an ultra-low price, Lining brothers gained more than 80% of the company's stake in about 700 million Hong Kong dollars, and attracted the admission of large numbers of investors through the influence of the "Lining" brand, making the stock price of happiness and energy rising steadily.

Taking this opportunity, Lining brothers spanferred the 1 billion 96 million preferred energy saving preferred stock (converted to 2 billion 666 million shares of common stock) into two executive directors and a number of third parties on the basis of the Listing Rules of the stock exchange, and about 56% of them were converted into shares that could be realizable at any time. The market value of the preferred shares acquired by the third party will soar to HK $1 billion 30 million after 10 days of conversion to ordinary shares. Even though the share price of HK $0.53 is currently calculated, the market value of the shares still stands at HK $790 million. It is worth pondering that this figure can cover the initial cost of acquisition by Lining brothers.

After the stock price is pushed up, we will announce the three stock exchange acquisitions with the intention of saving energy. We will buy the extraordinary China engaging in sports promotion business with HK $400 million, purchase 30.9% stake in Li Ning Co with fast energy saving new shares and convertible notes, and purchase Shenyang real estate projects with HK $700 million. Asset injection and spanformation of real estate two big explosions detonated the two tier market, and energy saving prices hit a record high. Through the high share price, we have been saving energy for two consecutive times from the two level market to HK $1 billion 400 million.

However, it is found in detail that the biggest gimmick of the capital operation - Li Ning Co equity injection is facing a series of uncertainties, which will be difficult for at least a short time. The only thing that is certain is that the energy saving situation is not optimistic. Its original business has been in deficit for many years, and the newly purchased real estate projects still need to wait for a long time to get the return on investment.

Under the current macro control of real estate and huge financial pressure, Lining, a sports star, has no way to make a spanition to real estate. Can Lining succeed in makethechange and become a real estate tycoon? "Everything is possible". Maybe Lining will reply.