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wah really as in news at 9 pm? wat was said? ppls tell dun pls dual listing is not a rumor???
tanh2l ( Date: 21-Apr-2010 16:12) Posted:
yl made some comments on recent policy tightening, catch it in today news, hope will help all our fellow passengers have a more delightful journey:)
yummygd ( Date: 21-Apr-2010 09:02) Posted:
| i doubt it will be badly affected this time... yanlord will be as i have mentioned Ying Li is not dealing only in residential they are doing commercial. n i think their are project base. |
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niuyear ( Date: 21-Apr-2010 15:47) Posted:
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hehe, Yes, the way you post your message, its more attractive now. Keep it up, Pharoah88. :)
pharoah88 ( Date: 21-Apr-2010 15:43) Posted:
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More attractive now?
CHINA Property stocks catch one analyst’s eye, but another warns of ‘policy risk’
SHANGHAI
“This means the government won’t use rates to a great extent. Inflation will not take off,” he said.
The SE Shang Property Index lost 1.9 per cent yesterday, extending Monday’s 6.8-per-cent fall and bringing this year’s decline to 18 per cent, the biggest among the five industry groups. The measure now trades at 23.4 times reported earnings, the lowest since March last year.
China told banks to stop loans for third-home purchases in cities with excessive property price gains, the State Council said on Saturday. The government also ordered banks to set aside more deposits as reserves and raise mortgage rates.
“I think policy risk will be with us as long as property prices are squeezed upwards due to lack of supply,” said Mr Howard Wang, head of the Greater China team at JF Asset Management.
(The measures mean) the government won’t use rates to a great extent. Inflation will not take off.
Martin Currie’s Chris Ruffle
“Unless one assumes there is a hard landing in the physical market — and that’s possible if not probable — the equities seem to reflect a pretty pessimist scenario.”
The prospect of higher borrowing costs has pushed down stocks this year, making the Shanghai Composite Asia’s worst performing index with a 9.1-per-cent loss. Bloomberg — Chinese property stocks, the nation’s worst performers this year, are becoming “more attractive” after government curbs on lending drove valuations to a year-low and made interest rate increases less likely, said Mr Chris Ruffle, China co-chairman of Martin Currie. |
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yl made some comments on recent policy tightening, catch it in today news, hope will help all our fellow passengers have a more delightful journey:)
yummygd ( Date: 21-Apr-2010 09:02) Posted:
i doubt it will be badly affected this time... yanlord will be as i have mentioned Ying Li is not dealing only in residential they are doing commercial. n i think their are project base.
wishbone ( Date: 21-Apr-2010 08:58) Posted:
| I remember, it came up from 0.415 low when China announced tightening of the bank loan in Feb. Will history repeat itself here????? Hope not and once the dust is settle, it shall "Cheong" to its past glorious price above 90cents.
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hehe, Yes, the way you post your message, its more attractive now. Keep it up, Pharoah88. :)
pharoah88 ( Date: 21-Apr-2010 15:43) Posted:
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More attractive now?
CHINA Property stocks catch one analyst’s eye, but another warns of ‘policy risk’
SHANGHAI
“This means the government won’t use rates to a great extent. Inflation will not take off,” he said.
The SE Shang Property Index lost 1.9 per cent yesterday, extending Monday’s 6.8-per-cent fall and bringing this year’s decline to 18 per cent, the biggest among the five industry groups. The measure now trades at 23.4 times reported earnings, the lowest since March last year.
China told banks to stop loans for third-home purchases in cities with excessive property price gains, the State Council said on Saturday. The government also ordered banks to set aside more deposits as reserves and raise mortgage rates.
“I think policy risk will be with us as long as property prices are squeezed upwards due to lack of supply,” said Mr Howard Wang, head of the Greater China team at JF Asset Management.
(The measures mean) the government won’t use rates to a great extent. Inflation will not take off.
Martin Currie’s Chris Ruffle
“Unless one assumes there is a hard landing in the physical market — and that’s possible if not probable — the equities seem to reflect a pretty pessimist scenario.”
The prospect of higher borrowing costs has pushed down stocks this year, making the Shanghai Composite Asia’s worst performing index with a 9.1-per-cent loss. Bloomberg — Chinese property stocks, the nation’s worst performers this year, are becoming “more attractive” after government curbs on lending drove valuations to a year-low and made interest rate increases less likely, said Mr Chris Ruffle, China co-chairman of Martin Currie. |
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More attractive now?
CHINA Property stocks catch one analyst’s eye, but another warns of ‘policy risk’
SHANGHAI
“This means the government won’t use rates to a great extent. Inflation will not take off,” he said.
The SE Shang Property Index lost 1.9 per cent yesterday, extending Monday’s 6.8-per-cent fall and bringing this year’s decline to 18 per cent, the biggest among the five industry groups. The measure now trades at 23.4 times reported earnings, the lowest since March last year.
China told banks to stop loans for third-home purchases in cities with excessive property price gains, the State Council said on Saturday. The government also ordered banks to set aside more deposits as reserves and raise mortgage rates.
“I think policy risk will be with us as long as property prices are squeezed upwards due to lack of supply,” said Mr Howard Wang, head of the Greater China team at JF Asset Management.
(The measures mean) the government won’t use rates to a great extent. Inflation will not take off.
Martin Currie’s Chris Ruffle
“Unless one assumes there is a hard landing in the physical market — and that’s possible if not probable — the equities seem to reflect a pretty pessimist scenario.”
The prospect of higher borrowing costs has pushed down stocks this year, making the Shanghai Composite Asia’s worst performing index with a 9.1-per-cent loss.
Bloomberg
— Chinese property stocks, the nation’s worst performers this year, are becoming “more attractive” after government curbs on lending drove valuations to a year-low and made interest rate increases less likely, said Mr Chris Ruffle, China co-chairman of Martin Currie.
haha just see when my TP hits i will go buy fearvaluegreed a beer
Totally agree
I fully agree with Blackstream. Now is the time to buy. The current decline in price is purely due to speculations and worries from investors on the recent curb introduced by Chinese government on Real.of the people sell out of panic and are not aware that Chongqing is a 2nd tier city in China. The effects of this curb to Ying Li will be minimal. In the longer term, Ying Li will profit from its Financial Tower projects. So, I recommend buying at current price and selling once Ying Li price reaches 0.99 cents. We target this to price should be achievable in Q3 or Q4 2010.
#### The AGE Of STUPID ####
whO are sElling ? ? ? ?
they bOught HiGH sEll lOw ? ? ? ?
Or
they sEll HiGH bUy lOw ? ? ? ?
whO sO stUpid tO sEll lOw nOw ? ? ? ?
i doubt it will be badly affected this time... yanlord will be as i have mentioned Ying Li is not dealing only in residential they are doing commercial. n i think their are project base.
wishbone ( Date: 21-Apr-2010 08:58) Posted:
| I remember, it came up from 0.415 low when China announced tightening of the bank loan in Feb. Will history repeat itself here????? Hope not and once the dust is settle, it shall "Cheong" to its past glorious price above 90cents.
|
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I remember, it came up from 0.415 low when China announced tightening of the bank loan in Feb. Will history repeat itself here????? Hope not and once the dust is settle, it shall "Cheong" to its past glorious price above 90cents.
S$1.18 bOOmz CHONG QING BLUE TWIN TOWERS 2010 
YiNG Li OLYMPIAN
China people (rural area) mostly use cash to fund their houses, only minimal % (yuppies or more educated ones and living in modern provinces) use banks' mortgages. Mortgages or bank lending not really big issue lar.
CHINA CURBING 3RD HOME PURCHASES
mOst affected are the BANKS and 1st Tier Cities.
In the 2nd Tier cities, peOple have nOt bOught their first hOme yet. nO 3rd hOme issue.
* * * * * * * * * * * * * * * * * * * * * * *
SHANGHAI
Shares of developers and banks tumbled.
Banks should also suspend lending to buyers who cannot provide tax returns or proof of social security contributions, the State Council said on Saturday in statement.
The latest measures come on top of orders to banks this year to set aside more deposits as reserves and raise mortgage rates, and steps to re-impose a sales tax on homes.
“These are the most draconian measures on the property market in history,” Mr Jun Ma, Deutsche Bank’s Greater China chief economist, said in a note to clients yesterday. Chinese press reports point to “panic selling” by investors who own more than one home in Shanghai, Beijing and Shenzhen, he said.
China is taking steps to cool its property market as investors, including hedge fund manager James Chanos, warn of a bubble after prices surged in the world’s third-biggest economy. The latest data show prices gained a record 11.7 per cent in March, suggesting more severe policies are needed.
Local governments can limit the number of units that can be bought, while senior officials will be held responsible for failing to stabilise property prices, the State Council’s statement said.
The nation’s commercial banks have halted extending revolving loans after regulators began investigating the flow of funds into the stock market, the
— China told banks to stop loans for third-home purchases as the government steps up measures to cool property prices with some of the “most Draconian” orders yet.
Securities Times
China Vanke, the nation’s biggest property developer, fell 8.2 per cent. Gemdale Corp. declined 8.5 per cent to 11.61 yuan on the Shanghai bourse.
The Se Shang Property Index of 34 Chinese developers slid 6.8 per cent, the biggest drop since August 19.
Industrial and Commercial Bank of China dropped 4.9 per cent, the biggest decline since October 2008, and China Merchants Bank plunged 6.4 per cent. Shenzhen Development Bank dropped 8.8 per cent.
China’s property stocks face “high policy risk”, GoldmanSachs Group analyst Yi Wang wrote in a report yesterday.
The new mortgage policy “if strictly implemented, could effectively curb speculation in select cities and could thus affect the near-term volume and price outlook in those cities”.
said on Friday.
Bloomberg
thanks for the contributionblackstreams ( Date: 19-Apr-2010 21:42) Posted:
Good to see everyone (especially pharoah with his troublesome keyboard) still bullish about this stock even tho selling pressure will probably be strong this week. I've shared before that the fundamentals of the company are strong and revenue streams will increase over the next two years, especially when their International Finance Centre project comes online.
TP has been recently lowered to about $0.65 for the moment but this is because of the uncertainty over the anticipated China govt actions to cool the overheating residential markets. But we all know how fast analysts can change their minds once this recent tide of negativism is over. I never believe their predictions.
In any case, Chongqing is not a rural province but is one of four self-governing states, along with Beijing, Shanghai and Guangzhou. I've been to Chongqing a few times and the city centre is changing faster than you can hold your breath. I'd suggest those with holding power to load up some more if the US Goldman effect forces a retraction to $0.50 or lower, although I don't think it'll happen. Otherwise, just wait it out, this is a good stock and although many prefer Yanlord, I believe this has more upside potential for the longer term.
I'm not holding the stock nor am I interested in shorting it, so this is a strictly neutral view. A piece of good news, as of 2145hrs, NYSE stock futures are neutral after being down 30 pts earlier, rising because of the good reports from Citi and Eli Lilly and SGX futures indicate a flat market tomorrow. Hopefully some of the negativity is dissipating. Cheers and good luck.
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Again like with Kepland, short term effect only. Keeping her in my pocket.
Good to see everyone (especially pharoah with his troublesome keyboard) still bullish about this stock even tho selling pressure will probably be strong this week. I've shared before that the fundamentals of the company are strong and revenue streams will increase over the next two years, especially when their International Finance Centre project comes online.
TP has been recently lowered to about $0.65 for the moment but this is because of the uncertainty over the anticipated China govt actions to cool the overheating residential markets. But we all know how fast analysts can change their minds once this recent tide of negativism is over. I never believe their predictions.
In any case, Chongqing is not a rural province but is one of four self-governing states, along with Beijing, Shanghai and Guangzhou. I've been to Chongqing a few times and the city centre is changing faster than you can hold your breath. I'd suggest those with holding power to load up some more if the US Goldman effect forces a retraction to $0.50 or lower, although I don't think it'll happen. Otherwise, just wait it out, this is a good stock and although many prefer Yanlord, I believe this has more upside potential for the longer term.
I'm not holding the stock nor am I interested in shorting it, so this is a strictly neutral view. A piece of good news, as of 2145hrs, NYSE stock futures are neutral after being down 30 pts earlier, rising because of the good reports from Citi and Eli Lilly and SGX futures indicate a flat market tomorrow. Hopefully some of the negativity is dissipating. Cheers and good luck.
S$1.18 bOOmz CHONG QING BLUE TWIN TOWERS 2010 YiNG Li OLYMPIAN
YANLORD projects are in 1st TiER Cities ? ? ? ?
Capital Mall Asia and KepLand tOO ? ? ? ?
yummygd ( Date: 19-Apr-2010 17:19) Posted:
| good play good play such broad based sell down only hit a little..Yanlord really hit hard |
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