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Hong Kong Adds Curbs to Cool Home Prices as Bernanke Starts QE3
www.bloomberg.com
[Bloomberg] Hong Kong's biggest publicly traded real estate company, said in an e-mailed statement yesterday. The low-interest environment, extended by the introduction of QE3, is encouraging renters to buy, executive director Vincent Chan said in the statement.
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[China Daily] - Credit Suisse lowered its 12-month target for the index to 60 from 70, analysts Vincent Chan and Peggy Chan said in a report on Tuesday. Third-quarter "earnings growth may not yet show a clear inflection point," Goldman's Zhu and Moe wrote. "We expect
Government target of homes in doubt due to limited land sales
www.scmp.com
[South China Morning Post (subscription)] - "The secondary flat market remains stable," said Vincent Chan Kwan-hing, executive director and chief executive of the residential department at estate agency Midland Holdings. "We haven't seen flat owners cutting prices significantly although some
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