After meeting Pan in Beijing, the pair decided to start their own real estate business.

在北京与潘石屹会面后，两人决定开始创建自己的房地产业务。

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Except for talk of real estate prices in Beijing and Shanghai, no topic has managers of private equity funds more engaged and energized than RMB funds.

FORBES: China's New RMB Funds Look Too Hot

According to media reports, around 30 real estate projects in Beijing have failed to get sales licenses as planned because their project pricing was deemed much higher than previous projects, and higher than average home prices of similar size in the city.

FORBES: With New Anti-Bubble Rules, Housing Sales Collapse 70% In Beijing

Meanwhile, a disciplinary watchdog says a public security official in Guangdong used two fake hukou to invest in real estate, Beijing Times adds.

BBC: China media: Corruption focus