Property News · April 25, 2017

Bets on Homelink, China’s biggest property agent, are risky as curbs hit home sales


While investors fall over themselves to plough money into estate agency Homelink Group, the poster child of China’s secondary home market is seeing its business plunge as local governments tighten their restrictions on property sales.
China Vanke pays 3b yuan for stake in secondary home agent Homelink
Experts say the financial capital being thrown at Homelink, the nation’s biggest pre-owned home agent, is a bet on its long-term prospects, so the company’s short-term…

Source : South China Morning Post
Read more…Bets on Homelink, China’s biggest property agent, are risky as curbs hit home sales

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