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Analysts are not as confident as Xu about the company's plans.

Analysts said on Monday they believed that the initiative in the CNPC would see an improved market focus and a more flexible company, making it more vigorous and competitive in the global marketplace.

Andrew Kam, director of Savills Shanghai Valuation, said developers are also factoring the exchange rate between the yuan and other currencies, and the interest rate in overseas markets when raising funds in those markets. Financing costs could be somewhere between 2 percent and 3 percent in some markets.

And the one-day annual buying frenzy broke last year's record.

Analysts said the upgrade in consumption presents opportunities as well as challenges.