On May 13, 2017, the 2017 Investor Annual Meeting and Investment Strategy Meeting based on the theme of “Change, Innovation and Mutual benefits”sponsored by Wins Investment, a wholly-funded subsidiary of Gemdale Corporation, was ceremoniously launched at Beijing Ritz-Carlton Hotel. More than 100 financial directors and industry leaders from more than 40 financial institutions such as commercial banks, asset management companies, trust companies, securities companies, fund management companies etc.gathered together. In addition, experts and scholars in the real estate and finance sectors were invited to the meeting for discussion, including Chen Huai, a famous economist and the dean of Department of Economics of Urban and Rural Construction of the Graduate School of Chinese Academy of Social Sciences; Ba Shusong,the chief economist of China Banking Association.  

Wei Chuanjun, Board director and Senior vice-president of Gemdale Corporation

At the meeting, Mr. Wei Chuanjun, Board director and Senior vice-president of Gemdale Corporation, first delivered a welcoming speech. He said, as an important part of the “1+2”strategy of Gemdale, Wins Investment had been playing an important role in the rapid development of Gemdale; in  face of the new industrial opportunities and challenges, the corporation would continue to vigorously support the development of Wins in various innovative business items from such aspects as funds and resources.  

Chen Huai, a famous economist and dean of Department of Economics of Urban and Rural Construction of the Graduate School of Chinese Academy of Social Sciences

Dean Chen delivered a speech entitled Perfecting the Long-acting Mechanism of Real Estate, exploring the long-term solution ideas of the regulation mechanism of real estate industry. In his opinion, long-acting mechanism is exactly a mechanism which enables market mechanism to become a decisive force of allocating resources; market is a place for price discovery, the self-balancing of supply-demand relationship, the sufficient and optimized allocation of resources and the automatic generation of risk counterforce. Each participant of market is a rational person who draws on advantages and avoids disadvantages. When irrational deviation occurs on the market, there must be an institutional barrier that hinders optimization. It is impossible for any subjective decision to have a higher efficiency than market.

Xu Yafeng, president of Wins Investment

On behalf of Wins Investment, President Xu Yafeng delivered a keynote speech entitled “Change, Innovation  and Mutual benefits”—2017 Real Estate Market Trend Research and Judgment and Wins Investment Strategy.

In such aspects as real estate policy, land supply, new house market, secondhand house market and the concentration of real estate industry, President Xu Yafeng minutely analyzed the development trend of real estate market in 2017. He also pointed out that Wins Investment would focus on developing agency construction + investment, core asset acquisition and asset securitization, etc. in the future. 

 President Xu said, in 2017, Wins Investment would give full play to its role as a  capital link of “aircraft carrier fleet”among the platform of Gemdale Corporation, institutional investors and small and medium developers, cooperate with institutional investors closely in such fields as financial innovation, asset acquisition and fund collection; develop jointly with small and medium developers to promote fund allocation efficiency, and achieve advantage complementation and mutual benefits.

Ba Shusong, chief economist of China Banking Association

At the meeting, Prof. Ba Shusong delivered a speech entitled the Ten Trends of Chinese Real Estate Market in 2017, expounding the mainstream trends of Chinese real estate development in 2017. 

Prof. Ba Shusong said in his speech that, although the administrative means of real estate was significant for stabilizing the market, we needed to pay attention to the specific policy focuses, e.g. 1) A distinction should be made between the regulation means for the new house market and for the secondhand house market; 2) A distinction should be made between the administrative means for short-term market cooling and the long-term means for promoting healthy development. 

Prof. Ba Shusong also put forward the following four issues that should be noted for establishing a long-acting mechanism of real estate: 1) Establishing market rules is the orientation of the long-acting mechanism; 2) Supply-side structural reform is the core of the long-acting mechanism; 3) Incremental reform and dissolution of stock are the feasible approaches of the long-acting mechanism; 4) Promoting purchase and lease simultaneously is an important direction of the long-acting mechanism of real estate.

The profound and incisive statement of Prof. Ba Shusong aroused bursts of applause from guests present at the meeting.  

Roundtable Forum---Policy Supervision and Future Development Trends of Real Estate Investment

Roundtable Forum 2---Exploration to the Development Trends of Asset  Securitization and Held Assets

 In addition, numerous senior executives in the financial circles were invited to this roundtable forum to discuss such topics as policy supervision and future development trends of real estate investment and asset securitization, including Hu Jiang (board chairman of Huarong Rongde), Cha Song (general manager of Tibet Trust), Ye Lingfeng (vice-president of Huaxin Trust), Liu Yong (vice-president of Real Estate Department of PingAn Bank, and general manager of Research and Planning Department), Alvin Loo (president of ARA Asian Dragon Fund China, and director of group business development), Wang Yijun (deputy general manager of Harvest Capital), Li Yaoguang (executive director of Global Capital Market Department of Morgan Stanley Huaxin Securities) and Shi Chujiang (general manager of Investment Banking Department of Shenzhen Branch of Bank of Jiangsu). These big-shot experts profoundly expounded the future development trends of real estate industry and practically explored the business modes of asset securitization with vivid opinions, immersing all guests present at the meeting in shocks and joy brought by the collision of ideas.