30.06.2011 - How to make money in China's property sector now
The recent slew of credit tightening measures and higher downpayment requirements for home buyers in China have begun to slow the country's red-hot property market and that could lead to more small- and mid-cap Chinese property developers being taken private, presenting an opportunity for investors, according to Daiwa Capital Markets. “We believe China’s current credit-tightening environment will increase the industry’s capital intensity and competition. As such, the possibilities of M&A activity will also increase,” Danny Bao, Daiwa’s Hong Kong and China property sector analyst wrote in a note to clients..............................................Full Article: Source
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