Archive for May, 2011File not found. Hong Kong-Based Property Agency Closes All Shanghai Branches
Midland and other HK-based real estate agencies tell the stories of their really hard time in China amid increasingly aggressive cooling measures.That’s Enough: Why Do You Still Think That US Dollar Is Doomed?
Now almost everyone thinks that the future has to be inflationary and US Tresuries will be dumped.The Biggest Bull Of Hong Kong Property Is Selling Off Properties
Andrew Look still sounds very bullish on Hong Kong Property (as of yesterday), yet he has been off-loading his real estate for the past six months.Europe: European Central Bank Keeps Interest Rate Unchanged At 1.25%
The European Central Bank leaves the key interest rate at 1.25% as inflation accelerated in the Euro area. The rate decision is in-line with consensus.United Kingdom: Bank of England MPC Keeps Interest Rate and Quantitative Easing Unchanged
The Bank of England keeps Bank rate at 0.5%, and the size of the asset purchase programme at £200 billion, in-line with expectation.China: Ministry Of Railways Lost 3.76 Billion In Q1, Debt Reached 2 Trillion
The Ministry of Railways of China lost RMB3.76 billion in the first quarter, and its debt increased to almost RMB2 trillion.Does People’s Bank Of China Matter More Than The Federal Reserve?
More attention should be paid to the People’s Bank of China because it is now the only major central bank on its course to slow the global economy.Is Chinese Authority Trying To Change People’s Expectation?
If you still believe that the government does not have the will to slow inflation and curb home prices, there may be a small chance that you will be surprised.Is China Slowing Down? Not Much, For Now
Although some indicators are slowing signs of slowdown, it is still far from enough to curb prices for now.People’s Bank Of China: Liquidity Tightening “Without Limit”
The People’s Bank of China published the latest Monetary Policy Report, suggesting that the tightening stance of monetary policy remains.US Banks: No one wants free money?
Quantative easing is not working in the United States, and as banks are struggling to grow their loan books, focusing on US banks stocks are a waste of time.Ronnie Chan: No Bubble In China Real Estate
Ronnie Chan of Hang Lung Properties offers some views on why China real estate is not a bubble.Chinese Real Estate Developers Profits Drop, Debts Approach One Trillion
Chinese real estate developers’ profits dropped slightly in the first quarter of 2011, yet inventories and debts are reaching unprecedented levels.China: Real Estate Prices Rose By 0.4% In April
The CREIS 100-city prices indices showed that real estate prices are holding steady in China for the moment.China Real Estate: On Financing The Public Rental Housing
Chongqing’s public rental housing is 70% financed by bank loans, a leverage ratio that should makes people worried.China Real Estate: Home Prices In Beijing Dropped By 10%?
Xinhua ran with a misleading headline that home prices in Beijing has dropped by 10%.Hong Kong: Monetary Statistics For March 2011
M1 dropped by 2.4% in March, while M2 increased by 0.9%. The rate of monetary expansion continues to trend down, getting one step closer to contraction.China: PMI Shows Slower Growth In Manufacturing In April
PMI decreased from 53.4 to 52.9, indicating stable yet slowing growth. Input price sub-index ease slightly, but inflationary pressure is still high.