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Hong Kong the OCT overseas financing platform functionality

Financing channels are diverse, competitive advantage. The 11-year companies to play a platform capabilities of OCT outside financing, Hong Kong OCT issue 3-year 1 billion yuan bonds, interest rates of only 3.5%. In addition, the Bank of China Market Dealers Association website disclosure, OCT Group has approved a total 60 billion of private medium-term notes, is expected to be part of the tourism business to invest in corporate culture, by way of entrusted loan to ease the pressure on the company's cash.
http://yangtzecruise2011.blogspot.com/2012/03/2430-people-of-11-years-tourists.html
Results lock basically the same as the beginning of the year. The end of the reporting period the company has advance payment of 3.09 billion yuan, is expected 24% of the income of real estate settlement in 12 years, the lock level is low, basically the same but with the beginning.

Investment advice. We expect 12, 13-year profit forecasts were 0.65 and 0.85 yuan, the price-earnings ratio of 11.9 and 9.1 times. Consider the company a wealth of project reserves and status as a leading tourism real estate, and to maintain the buy rating.
http://yangtzecruise2011.blogspot.com/

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