Research On The Centralized Management Mode Of Cross Border Two Way Rmb Capital Pool Of K Real Estate Group

The real estate industry is a capital-intensive industry,with a long construction period,large investment funds and high risks.For foreign-invested real estate companies,in addition to being influenced by domestic real estate control policies,they are also subject to China's foreign investment access system and foreign exchange management system.Therefore,fund management is particularly important for transnational real estate groups.Only by establishing a scientific and effective fund management model,improving the efficiency of capital use,reducing capital costs,and controlling capital risks,can a multinational real estate company achieve normal operations and achieve high profits in the context of tightening regulation.Multinational real estate groups from Hong Kong and Singapore have brought capital and advanced foreign development experience to China's real estate industry.K Real Estate Group is one of the first multinational real estate groups to enter the Chinese market.This article takes K Real Estate Group as its main research object,using literature analysis,comparative analysis and case analysis methods,to conduct an in-depth study of K Real Estate Group's establishment of an effective centralized fund management model.First of all,this article analyzes the characteristics of the real estate industry,emphasizing the importance of funds for real estate companies,especially multinational real estate groups.At the same time,it defined the concepts of centralized fund management,capital pools,and cross-border two-way RMB capital pools.It also summarized and briefly reviewed domestic and foreign scholars' studies on internal capital markets,centralized fund management,and capital pools,revealing multinational real estate.The group uses the theoretical basis of the centralized management model of the fund pool.Then,based on the analysis of the status quo of the group's capital management,K Real Estate Group was used as a research object.Through comparative analysis of the funds management model and specific financial indicators of the group and the real estate benchmarking company Vanke,it was found that the group and real estate benchmarking companies The gap in fund management and the inadequacy of the Group's existing fund management model have led to the proposal of K Real Estate Group to improve the Group's fund management by establishing a scientific and effective fund centralized management model.In view of the lack of a scientific and effective fund centralized management model for K Real Estate Group,this paper proposes a specific design and implementation plan for the establishment of a cross-border bilateral RMB fund pool for K Real Estate Group.This article believes that K Real Estate Group has the feasibility of establishing a cross-border two-way RMB fund pool for centralized fund management.In the design process,the focus was on the selection of capital pool structure,sponsoring companies,cooperative banks,and members entering the pool,as well as the selection of fund pool capital transfer rules from the perspective of taxation,so that the group can focus on funds at the lowest tax cost.Management,optimize the allocation of funds,improve the efficiency of the use of funds.This paper provides support and reference for the practice of multinational real estate enterprise group fund management,which has theoretical significance and practical guidance significance.