[____________________ POST-EFFECTIVE AMENDMENT NO.2 TO FORM F-6 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 For Depositary Shares Evidenced by American Depositary Receipts IFM INVESTMENTS LIMITED N/A The Cayman Islands (Jurisdiction of incorporation or organization of issuer) JPMORGAN CHASE BANK, N.A. (Exact name of depositary as specified in its charter) 1 Chase Manhattan Plaza, Floor 21, New York, NY, 10005-1401] [Certification under Rule 466 The depositary, JPMorgan Chase Bank, N.A. represents and certifies the following: (1) That it previously had filed a registration statement on Form F-6 (IFM Investments Limited, 333-164239) that the Commission declared effective, with terms of deposit identical to the terms of deposit of this registration statement. (2) That its ability to designate the date and time]

[____________________ POST-EFFECTIVE AMENDMENT NO.1 TO FORM F-6 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 For Depositary Shares Evidenced by American Depositary Receipts IFM INVESTMENTS LIMITED N/A The Cayman Islands (Jurisdiction of incorporation or organization of issuer) JPMORGAN CHASE BANK, N.A. (Exact name of depositary as specified in its charter) 1 Chase Manhattan Plaza, Floor 21, New York, NY, 10005-1401] [J.P.Morgan AMENDMENT NO. 1, W I T N E S S E T H WHEREAS, the Company and the Depositary executed the Deposit Agreement for the purposes set forth therein; and NOW, THEREFORE, ARTICLE I DEFINITIONS SECTION 1.01. Definitions ARTICLE II AMENDMENTS TO DEPOSIT AGREEMENT SECTION 2.01. SECTION 2.02. SECTION 2.03. In connection with the deposit of Shares hereunder, the] [Certification under Rule 466 The depositary, JPMorgan Chase Bank, N.A. represents and certifies the following: (1) That it previously had filed a registration statement on Form F-6 (IFM Investments Limited, 333-164239) that the Commission declared effective, with terms of deposit identical to the terms of deposit of this registration statement. (2) That its ability to designate the date and time]