Impact of Recent Vehicle Sales Trends on US Listed Chinese Auto Suppliers (June Update)

Vehicle sales in China were 14.9% higher in June than one year ago. Passenger vehicle sales were 17.7% higher with continued support from the purchase tax reduction that began last October.  Year-over-year comparisons should remain strong in the third quarter and then weaken in the fourth quarter.  Commercial Vehicle sales, have been relatively weak.  New … Continue reading Impact of Recent Vehicle Sales Trends on US Listed Chinese Auto Suppliers (June Update)

Advertisements

June 2016 Housing Price Data for Xinyuan Real Estate’s Markets

China Index Academy (a research unit of Soufun) released its monthly report of new home prices in 100 top Chinese markets (LINK).  On a national basis average selling prices rose 1.3% for the month and 11.2% from one year ago. Data for Xinyuan's markets are in the table below: The Central China markets have been … Continue reading June 2016 Housing Price Data for Xinyuan Real Estate’s Markets

Xinyuan 1H16 Contract Sales Estimate from CRIC

China Real Estate Information Corporation (CRIC – a subsidiary of E-House) released estimated 1H16 sales data for the country’s top 100 property developers (LINK).  Xinyuan China is shown at #79 with estimated sales of 7.95Bn RMB. CRIC does not have access to any official company records and compiles its estimates from 3rd party sources like … Continue reading Xinyuan 1H16 Contract Sales Estimate from CRIC

Colony Northstar: Will this team of overpaid former all-stars end up like the Brooklyn Nets?

(slightly revised 7/6/16) In one month after the announcement of a merger creating "A world-class diversified real estate and investment management platform", shares of the three merger parties shares are all down sharply:   While the merger does not meet unrealistic expectations of some Northstar Realty (NRF ) and Northstar Asset Management (NSAM) holders the combination would … Continue reading Colony Northstar: Will this team of overpaid former all-stars end up like the Brooklyn Nets?