bskeer1, what is the regulation change in Hangzhou that you mentioned?
The rules change every week in China. The only property bubble that I know of now is in residential.
Commercial properties are still in the tank as are industrial properties. they have not recovered at all.
As far as I know GMG only hold a small industrial portfolio in China at present.
If there is a residential property bubble can you please explain how this will effect GMG? Why do we need to be warned for this?
After a short period of deflation in China things are just starting to get back to where they were 2 years ago.
Residential still hasn't reached the highs that it did three years ago.
Look forward to your response.
warning, bubble in china may burst, page-3
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Last
$34.52 |
Change
0.370(1.08%) |
Mkt cap ! $65.55B | |||
| Open | High | Low | Value | Volume |
| $34.50 | $34.64 | $34.28 | $87.25M | 2.529M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12131 | $34.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $34.59 | 270 | 1 |
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