Yunnan Baiyao announced yesterday，It is intended to sell wholly -owned real estate subsidiaries Bai Yao Real Estate，and exit real estate development business。
 
    It is reported，Baiyao Real Estate is a wholly -owned subsidiary established by Yunnan Baiyao in April 2006，The main business is real estate development、Urban construction investment and related project development。Stake Sports BettingYunnan stake sports betting appBaiyao Term，This move is to thoroughly implement the company's strategy，More focused on the main business。
 
     Analysts think，Due to the tone of the overall regulation and control, it becomes severe，With & ldquo; Local version & rdquo;，The future market is likely to cool。At the same time，Under the influence of many years of regulation，The living space of small and medium -sized housing companies is greatly compressed。These factors will be not conducive to the promotion of real estate business of Yunnan Baiyao。