房地产行业：行业资金链动态前瞻——专题研究

2011926????20112011????90%80%9%??50%25%25%8%12%25%50%8??30%25%25%8%10%010-60838249chencong@citics.comS1010510120047?20?100101101041102221104071105201107041108153001.2011—2011-06-292.20102011—................................................2011-05-133.2011—............2011-03-07..............................................................................................................................1——......................................................................................................4——..............................................................................................................................................4——......................................................................................................................................................4——.............................................................................................