Form 20-F
FANG HOLDINGS LTD filed this Form 20-F on 05/12/2017
Document Outline
Entire Document (10037.5 KB)
Subdocument 1 - 20-F - 20-F
Page 1 - N/A
Page 2 - TABLE OF CONTENTS
Page 3 - INTRODUCTION
Page 4 - FORWARD LOOKING STATEMENTS
Page 5 - MARKET AND INDUSTRY DATA
Page 6 - N/A
Page 7 - Exchange Rate Information
Page 8 - B. Capitalization and Indebtedness
Page 9 - We face certain risks and challenges in relation to our business transformation.
Page 10 - Our future growth depends on our ability to continue to grow our e-commerce services business.
Page 11 - If we are unable to continue to obtain listings from our key customer groups, including real estate
Page 12 - We may fail to compete successfully against current or future competitors, which could significantly
Page 13 - Regulation of the Internet industry in China, including censorship of information distributed over t
Page 14 - Unexpected network interruptions or security breaches, including hacking or computer virus attacks,
Page 15 - The successful operation of our business depends upon the performance and reliability of the Interne
Page 16 - Failure to continue to develop and expand our content, service offerings and features, and to develo
Page 17 - As our financing business focuses on individuals for real estate purchases, we are exposed to greate
Page 18 - Failure to attract and retain qualified personnel could jeopardize our competitive position.
Page 19 - Potential acquisitions and limited office and training facility purchases, which form part of our st
Page 20 - Certain of our leased property interests may be defective and we may be forced to relocate operation
Page 21 - N/A
Page 22 - Substantial uncertainties exist with respect to the adoption of new or revised of PRC laws relating
Page 23 - We may lose the ability to utilize assets held by our consolidated controlled entities that are impo
Page 24 - Our business may suffer if we fail to carry out our business arrangements related to online video br
Page 25 - We are controlled by our significant shareholders and their affiliated entities, whose interests may
Page 26 - The discontinuation of any of the preferential tax treatments currently available to us in China cou
Page 27 - We rely primarily on dividends and other distributions on equity paid by our subsidiaries, and any l
Page 28 - We may be subject to fines and legal or administrative sanctions in connection with certain historic
Page 29 - The PRC legal system embodies uncertainties, which could limit the legal protections available to yo
Page 30 - If SAFE determines that its foreign exchange regulations apply to us and our shareholding structure,
Page 31 - We may be subject to fines and legal or administrative sanctions if we or our PRC citizen employees
Page 32 - Our independent registered public accounting firm is located in China, a jurisdiction where PCAOB is
Page 33 - Fluctuations in the exchange rates of the Renminbi could materially and adversely affect the value o
Page 34 - Risks related to our ADSs, ordinary shares and notes
Page 35 - We may need additional capital, and the sale of additional ADSs, convertible notes or other equity s
Page 36 - The voting rights of holders of ADSs are limited by the terms of the deposit agreement.
Page 37 - Our dual-class ordinary share structure with different voting rights could discourage others from pu
Page 38 - We may not have the ability to raise the funds necessary to repurchase the 2022 Notes upon a fundame
Page 39 - ITEM 4. INFORMATION ON THE COMPANY
Page 40 - Our Services
Page 41 - Online Real Estate Brokerage Services
Page 42 - Listing Services
Page 43 - Special Listing Services.
Page 44 - Our Websites
Page 45 - Information on Home Related Products and Services
Page 46 - Brand Awareness and Marketing
Page 47 - Advertising and Marketing
Page 48 - Seasonality
Page 49 - Intellectual Property
Page 50 - Facilities
Page 51 - Regulation
Page 52 - N/A
Page 53 - Regulation Relating to Our Business
Page 54 - Advertising Services
Page 55 - Regulations on the Real Estate Service Industry
Page 56 - Regulations on Microfinance Companies
Page 57 - Regulations relating to Trademarks
Page 58 - Regulations relating to the Establishment of Offshore Special Vehicle by PRC Residents
Page 59 - N/A
Page 60 - N/A
Page 61 - N/A
Page 62 - D. Property, Plant and Equipment
Page 63 - www.fang.com
Page 64 - N/A
Page 65 - Recent Developments
Page 66 - Competition in China s online real estate and home-related Internet services
Page 67 - Components of our Results of Operations
Page 68 - Other value-added services
Page 69 - Cayman Islands
Page 70 - Critical Accounting Policies
Page 71 - Fang Membership Services
Page 72 - Marketing Services
Page 73 - Financial Services
Page 74 - Share-based Compensation
Page 75 - N/A
Page 76 - Results of Operations
Page 77 - Revenues
Page 78 - Listing Services
Page 79 - Financial Services.
Page 80 - Selling Expenses
Page 81 - B. Liquidity and Capital Resources
Page 82 - Cash Flows
Page 83 - Net Cash Generated from Financing Activities
Page 84 - E. Off-Balance Sheet Arrangements
Page 85 - G. Ratio of Earnings to Fixed Charges
Page 86 - Qian Zhao
Page 87 - Frank Hua Lei
Page 88 - b. Special Stock Options
Page 89 - c. Price of Ordinary Shares
Page 90 - a. Eligible Participants
Page 91 - e. Time of Exercise of Options
Page 92 - C. Board Practices
Page 93 - Board Committees
Page 94 - Nominating and Corporate Governance Committee
Page 95 - Compensation Committee
Page 96 - Terms of Directors and Executive Officers
Page 97 - D. Employees
Page 98 - N/A
Page 99 - ITEM 7. MAJOR SHAREHOLDERS AND RELATED PARTY TRANSACTIONS
Page 100 - Exclusive Technical Consultancy and Services Agreements
Page 101 - Loan Agreements
Page 102 - 2015 Registration Rights Agreements
Page 103 - Stock Incentive Plans
Page 104 - ITEM 8. FINANCIAL INFORMATION
Page 105 - B. Plan of Distribution
Page 106 - D. Exchange Controls
Page 107 - Regulations relating to Foreign Exchange in Certain Onshore and Offshore Transactions
Page 108 - E. Taxation
Page 109 - U.S. federal income taxation
Page 110 - ADSs.
Page 111 - Sales and Other Dispositions of Ordinary Shares or ADSs.
Page 112 - Additional Tax on Net Investment Income
Page 113 - F. Dividends and Paying Agents
Page 114 - Interest Rate Risk
Page 115 - B. Warrants and Rights
Page 116 - N/A
Page 117 - PART II
Page 118 - ITEM 16B. CODE OF ETHICS
Page 119 - ITEM 16F. CHANGE IN REGISTRANT S CERTIFYING ACCOUNTANT
Page 120 - PART III
Page 121 - N/A
Page 122 - N/A
Page 123 - N/A
Page 124 - N/A
Page 125 - SIGNATURES
Page 126 - N/A
Page 127 - N/A
Page 128 - FANG HOLDINGS LIMITED
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Subdocument 2 - EX-4.17.1 - EXHIBIT 4.17.1
Page 1 - Exhibit 4.17.1
Page 2 - N/A
Subdocument 3 - EX-4.18.1 - EXHIBIT 4.18.1
Page 1 - Exhibit 4.18.1
Page 2 - N/A
Subdocument 4 - EX-4.19.1 - EXHIBIT 4.19.1
Page 1 - Exhibit 4.19.1
Page 2 - N/A
Subdocument 5 - EX-4.20.1 - EXHIBIT 4.20.1
Page 1 - Exhibit 4.20.1
Page 2 - N/A
Subdocument 6 - EX-4.21.1 - EXHIBIT 4.21.1
Page 1 - Exhibit 4.21.1
Page 2 - N/A
Subdocument 7 - EX-4.22.1 - EXHIBIT 4.22.1
Page 1 - Exhibit 4.22.1
Page 2 - N/A
Page 3 - N/A
Page 4 - N/A
Subdocument 8 - EX-4.23.1 - EXHIBIT 4.23.1
Page 1 - Exhibit 4.23.1
Page 2 - N/A
Subdocument 9 - EX-4.51 - EXHIBIT 4.51
Page 1 - Exhibit 4.51
Page 2 - Signature pages to follow
Page 3 - SIGNED
Subdocument 10 - EX-8.1 - EXHIBIT 8.1
Page 1 - Exhibit 8.1
Page 2 - Consolidated Controlled Entities:
Subdocument 11 - EX-12.1 - EXHIBIT 12.1
Page 1 - Exhibit 12.1
Subdocument 12 - EX-12.2 - EXHIBIT 12.2
Page 1 - Exhibit 12.2
Subdocument 13 - EX-13.1 - EXHIBIT 13.1
Page 1 - Exhibit 13.1
Subdocument 14 - EX-13.2 - EXHIBIT 13.2
Page 1 - Exhibit 13.2
Subdocument 15 - EX-15.1 - EXHIBIT 15.1
Page 1 - Exhibit 15.1
Subdocument 16 - EX-15.2 - EXHIBIT 15.2
Page 1 - Exhibit 15.2
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