TAILIEUCHUNG - China Real Estate Investment Hangbook 2011 Edition

Using the property transaction data, we compute manager-specific characteristic timing and characteristic selectivity measures. We use property portfolio index returns at a CBSA level, a state level, a divisional level, a regional level and at the whole national level. The resulting characteristic timing and characteristic selectivity measures suggest that the vast majority of both public REIT and private portfolio managers possess little or even negative ability to successfully time their investments vis a vis the market regardless of the level of benchmark specialization. However, a small number of top quartile managers do appear to possess statistically significant ability to time the market at all levels of specialization | Deloitte China real estate investment handbook The details that make a difference 2011 edition China Real Estate Industry Practice Contents 1 Foreword 2 1. An overview of China s real estate market 2 Current status of China s real estate market 3 The top ten issues in China s real estate market 7 Market outlook 8 2. Accounting rules relating to real estate 8 China accounting - New rules relating to real estate 8 Briefing on the old accounting treatment for the real estate industry 10 The promulgation of new standards and their application to real estate enterprises 13 New developments in IFRS 14 Concluding comments about the China accounting standards 14 Accounting developments for the Hong Kong real estate industry 20 3. General introduction to China s domestic taxes relating to real estate transactions 20 Summary of the main taxes 23 Provisional collection and final settlement of LAT and EIT 26 4. Restrictions on foreign investment 26 Introduction 26 Key regulatory provisions affecting real estate investors 27 Holding structure 28 Project approval conditions 29 Investment funding 31 Other requirements of Circular 171 31 Concluding comments 32 5. Mergers and acquisitions in the Chinese real estate market 32 General business model 32 Overview of acquisition methods share acquisition vs. asset acquisition 33 Tax implications 34 Common financial and tax due diligence issues in M A transactions 35 Considerations in structuring M A transactions 36 6. Structuring issues for inbound cross-border real estate investment 36 Introduction 36 About the investors 37 Investment structuring 43 Financing 43 Repatriation 44 Exit 45 Management company structure and tax issues 48 Conclusion 49 7. Measures to improve internal controls for real estate enterprises 49 C-SOX overview 50 Key issues in the internal control of real estate enterprises 52 .

• Đầu tư Bất động sản
• Special Considerations
• Venous Thromboembolism
• Cancer Patients
• Thrombosis Associated
• Immunomodulatory Agents
• Multiple Myeloma
• Clinical application
• Mechanical ventillation
• Positive pressure ventilation
• Special airways for ventilation
• Pulmonary considerations
• Hepatic considerations
• y tế
• sức khoẻ
• y học
• Harvested Fruits
• Fruits and Vegetables
• Emerging Issues
• Thromboprophylaxis
• Venous Thrombosis
• Cancer Patient
• Soil Bacteria
• Support and Protect
• Crop Production
• Mechanisms and Tolerance
• Current Knowledge
• Newly Diagnosed