Directors of many Hong Kong listed real estate developers took advantage of June share price declines to add to their holdings: These purchases suggest that the outlook for quality companies remains favorable despite ongoing housing market restrictions and tightening of financial conditions.
China’s National Bureau of Statistics (NBS) released its monthly report on home sale prices (LINK). The segregation of “15 Hot Cities” in the NBS report implies that they will be the primary focus of government policy: Intense market restrictions have kept prices flat for many months in these key markets: Segregating the 10 strongest and weakest … Continue reading May 2018 NBS Price Data in Leading Chinese Cities
