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Global Industry News: Chinese Property Market A House Of Cards

April 23, 2010 Leave a comment

Read an interesting article on Chinese government initiating new measure to curb speculative demand for real estate.  The analyst feels that “If the Se Shang Property Index is anything to go by, real estate prices could be heading down rather quickly.”

Bloomberg defines  China Se Shang’s Property Index as a capitalization-weighted index that measuresthe performance of the property sector of the SHCOMP Index (Shanghai Composite Index). The index was developed on April 30, 1993 with a base value of 1358.78. The parent index is SHCOMP. 

http://www.riskwatchdog.com/2010/04/20/chinese-property-market-a-house-of-cards/

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Categories: Global Industry News