Property News · January 10, 2018

Top analysts question fundamentals behind China’s property shares surge


China’s top-two ranked analysts remain cautious about the sustainability of currently high-flying property stocks, after an uptick in home sales in first-tier cities and an easing of restrictions on house purchases in a small city sent values surging.
With developers taking four spots in the 10 top gainers list on the country’s flagship stock index, the CSI 300, this year, analysts from Shenwan Hongyuan Group and Hationg Securities both agree investors are probably being over-…

Source : South China Morning Post
Read more…Top analysts question fundamentals behind China’s property shares surge

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