Standard Chartered are on the ball as ever when it comes to developments in the Chinese real-estate market. In their latest note they warn about the scale of possible over-supply that’s set to hit the market.
Standard Chartered are actually being very level-headed. Sales of new apartments may be down, but the analysts — Lan Shen, Stephen Green, Li Wei — emphasise that these sales do come against an extremely robust performance in the second half of 2010..............................................Full Article: Source |