
In China, property shares added to their recent gains, following a Reuters report that the eastern city of Wenzhou has become the first to ease restrictions on real-estate purchases.
Shares of China Overseas Land & Investment Ltd. rose 1%, and China Resources Land Ltd. gained 3.1%.
bishan22 ( Date: 12-Aug-2013 12:04) Posted:
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susan66 ( Date: 12-Aug-2013 11:07) Posted:
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任 志 强 : 不 敢 做 房 价 预 测 帝 了 ....
《 中 国 经 济 周 刊 》 : 在 地 产 界 , 你 一 向 以 胆 大 直 言 著 称 , 被 称 为 楼 市 “预 言 帝 ”, 如 今 房 价 走 势 变 化 难 测 , 能 否 预 测 一 下 未 来 房 价 是 涨 是 跌 ?
任 志 强 : 不 敢 预 测 了 。 之 前 几 年 能 够 预 测 、 敢 于 预 测 , 是 因 为 通 过 观 察 总 结 , 已 经 摸 清 了 前 任 政 府 的 楼 市 政 策 思 路 , 但 是 这 一 届 政 府 , 只 要 不 知 道 政 策 走 向 , 就 无 法 预 测 。 根 据 惯 例 , 十 八 届 三 中 全 会 将 决 定 本 届 政 府 的 经 济 政 策 , 届 时 才 能 看 明 白 。
...last done: $1.230...
 
China June home prices rise 6.8% year-on-year ....
Average new home prices in China's 70 major cities in June rose 6.8% from a year earlier, according to Reuters calculations based on official data published on Thursday, marking the sixth straight month of year-on-year increases.
In month-on-month terms, prices rose 0.8% in June, easing from May's gains of 0.9%, according to the calculation.
China's near four-year-old campaign to temper home prices has been partly undone by strong demand and short supply, and by a rush of efforts by local Chinese governments to sell land to raise revenues.
The National Bureau of Statistics said new home prices in Beijing rose 12.9% in June from a year earlier, compared with May's year-on-year increase of 11.8%. Shanghai's prices were up 11.9% in June from a year ago, versus 10.2% annual growth in May.
Reuters started its weighted China home price index in January 2011 when the NBS stopped providing nationwide data, only giving home price changes in each of 70 major cities.
China's property sector is booming even as economy slows
China's Q2 growth data this week confirmed a continued slowdown in the world's second largest economy, but the one sector that remains robust is real estate and Citi expects property developers to outperform the market in the second half of the year.
Revenues from property sales in the country jumped more than 43% in the first half of 2013 from a year earlier, and even though that was down from an almost 53% rise in January to May, the levels still remain high, government data showed.
Citi said transaction volumes grew nearly 29% year on year, while real estate investment spiked almost 21% in the first half, showing that China's property space remains one of the economy's most resilient sectors.
According to Citi, as the Chinese economy slows, policymakers will see the need to protect the health of the property sector and hold off on further cooling measures.
" Deterioration of China's economy suggests policymakers will be wary of any new measures that might harm the health of the property market," Citi said in a note on Monday. " Overall, we expect conditions in China's property sector to be similar to 2012 − characterized by steady growth amid general stability."
...more...
 
...approaching toward 2,19 MA golden cross ... monitor closely and act if deems fit ....

    ...last done: $1.245...
...in these two weeks, there were five day-low at $1.210...
    ...imply $1.210 likely a strong support level...?...
    ...last done: $1.240... 
YANLORD ACHIEVES OPENING WEEKEND PRE-SALES OF RMB1.209
BILLION AT THE INAUGURAL LAUNCH OF NANJING YANLORD
YANGTZE RIVERBAY TOWN (PHASE 3)
 
  (4th July 2013 – Singapore/Hong Kong) -- YANLORD LAND GROUP LIMITED
  (“Yanlord”, and  together with its subsidiaries, the “Group”) announced today that it had sold 94.3% or 336 of the 356 apartment units during the first two days of its inaugural launch of apartment units at Yanlord Yangtze
Riverbay Town (Phase 3) in Nanjing on 29th June 2013 (“Launch”). An average selling price (“ASP”)
of approximately RMB27,223 per square metre (“sqm”) was achieved for the 44,395 sqm gross floor
area (“GFA”) sold. The total contracted pre-sales derived from the Launch for the first two days
amounted to approximately RMB1.209 billion.
With STI down 43point today ended at 3129.49, we see that big boys are playing safe for the US holiday(independence day) by taking profit today. Today's sell down basically show us that some of the sector is weaker than the rest.
On our Routine scan, we found some stocks that is showing short term weakness. These are stocks that has been in downtrend for some time, today there is a short signal for short term trade. **trigger only if price beak below the prior day low. 
We realise that quite many is from Property Sector!! Capitacomm, capitaland, capitamall, kepland, OUE, UE, Yanlord!   ...link...
Yanlord close at $1.215, if you follow our system you could have started shorting at $1.40(20% gain!). Currently near the short term support, with recent rebound, some people might have bought into it, however today market reverse, these people who bought yesterday is now Stuck, tomorrow if price break below prior day low, one might consider to enter short on this counter, stoploss at $1.26.
...Last Done: $1.23... ..... 
cheongsl ( Date: 29-Jun-2013 08:52) Posted:
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For Yanlord, only buy at 25% of NAV.
 
Only blue chip property stocks deserves 50% NAV discount during downturn.
 
Clearly Yanlord is not in this league yet.
jackson5 ( Date: 27-Jun-2013 17:23) Posted:
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