More signs of recovery for Chinese real estate sector
In continuing signs of recovery for Chinese real estate, large developers such as Country Garden Holdings and Longfor Properties are now seeing higher prices paid for each company’s bonds.
Welcome, Guest |
Login |
In continuing signs of recovery for Chinese real estate, large developers such as Country Garden Holdings and Longfor Properties are now seeing higher prices paid for each company’s bonds.
Chinese property developer Sino Land (SNLAY, quote) fell in Thursday trading in Hong Kong (EWH, quote) after the company reported lower-than-expected first half results. The poor results from this real estate group dragged down the rest of the sector.
Discussions about real estate, both commercial and residential, are part and parcel of ongoing debates to determine the future direction of economies worldwide. Keeping things simple is TAO.
Due to Argentina’s unstable political leadership, many fine stocks in the country have been unfairly punished, such as real estate stock IRSA Investments and Brokerage Inc. (IRS, quote).
Asian markets were particularly active today, with Hong Kong-listed China Overseas Land and Investment (CAOVY, quote) helping to lead the Hang Seng higher in Tuesday trading.
The health of the Chinese real estate market is a critical indicator for the overall Chinese economy. According to many recent reports, it is showing signs of a rebound.
Recent reports of Chinese investors increasingly buying international real estate — particularly in the U.S., could be a bearish sign for the recovery of the residential and commercial real estate markets in the People’s Republic.
As U.S. investors flock to China in search of investments with higher return, Chinese real estate conglomerate Dalian Wanda has gone the other way and bought the second largest theater chain in the U.S. – AMC – a move that’s raised some eyebrows.