综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

   

Money flows from stocks to property

By Jin Jing (China Daily)
Updated: 2007-07-31 09:25

According to statistics from the People's Bank of China, the increase of loans outstanding in June alone was 451.5 billion yuan, while it's only 247.3 billion in May. Of the additional increase of 56.6 billion yuan loans from the same time a year ago, 79.9 percent were household loans.

"Since the majority of household loans were mortgage loans, it's clear that more funds have been relocated to the property market lately," said Shen Minggao, an economist at Citigroup.

Related readings:
 Expert: Market forces to squeeze China's securities sector
 Index strikes 4440, a new high
 China's indices survive global decline overnight
 More curbs possible for real estate

 Property prices up 7.1% in major cities

"Investments in luxury residential properties also shot up as many investors cashed out of the Shanghai stock market and turned to luxury properties as long-term investments," said Lina Wong, managing director of Colliers, an international real estate service provider.

In line with the increased transaction volume, selling price for luxury properties grew 2.7 percent in the first half, compared with 3.5 percent in the past 12 months. The rents also grew 2.9 percent, while it rose 3.8 percent from last June.

Worldunion said it's like the two markets are on a seesaw, when "one goes up, the other comes down."

The National Bureau of Statistics has announced that China's real estate investment rose 28.5 percent from a year earlier to 988.7 billion yuan in the first half of 2007.

"Anticipation of further renminbi appreciation should secure a continuous inflow of foreign capital and help fuel the property market," said Wong of Colliers.


(For more biz stories, please visit Industry Updates)

      1   2     


隆昌县| 康乐县| 同江市| 清涧县| 桦南县| 锡林郭勒盟| 瓮安县| 泾川县| 石门县| 伽师县| 湘乡市| 雷山县| 九台市| 桐乡市| 荆州市| 丰顺县| 洪雅县| 天柱县| 广南县| 平武县| 渝北区| 中牟县| 安徽省| 苏尼特左旗| 阿拉善盟| 深州市| 湄潭县| 鄄城县| 辽阳市| 灵川县| 安仁县| 托克托县| 双柏县| 县级市| 乳山市| 江达县| 区。| 台北县| 河东区| 聂拉木县| 申扎县|