[cityhantam]

Keeps dropping????

Is it???

[factuup]

CHEENA GO HONGKONG RIAOZ!

[teaserteam]

The Shanghai Housing Index has a good run today. Up over 5%. It is sitting right at the 20MA. The market is still bearish at the moment. The rush for housing is sustainable if the existing homeowners can be relieved from their existing loans.

[revealer]

Believe the news is staged to kick start to buying wave after 1 month of almost zero activities. Will to see how far this will take or will the wave just died after that. The latest policy did nothing to help existing homeowners.

[teaserteam]

After Beijing implemented the "May 17" new home purchase support policies such as down payment reduction and interest rate reduction, this reporter said, "the number of viewings of both new and second-hand houses has increased significantly."  He expected  "the  second-hand housing sales in Beijing is expected to reach 14,500 units in June, a new high in 15 months."

The market did not respond that well  to this kind of good news today

https://finance.sina.com.cn/roll/2024-07...4014.shtml

Beijing property said to run up but Vanke's property sale in June was not as good according to Bloomberg

https://www.bloomberg.com/news/articles/...r-property

[Oyk]

I am just very curious, if sgbutt agrees with the article, then what kind of stimulus would he wish the Chinese govt come out with?

This may pose some kind of challenge, since to answer this, he needs to know what is the current situation and what has already been rolled out. I dun think he knows, since I got a strong feeling he may just be echoing any write-up that bashes China.

sgbutt, are you willing to take up the challenge to propose stimulus that could work for China?

Is China going broke, so broke that they no longer pay wumao per line and it's nao wumao per 50 words essay?

[victortan]

I love to see china great wall collapse, so i can buy cheaper,,

hope more fund to leave, so we all can have even more fun when we buy super cheap.

[RiseofAsia]

Not only China, many countries affected. This is only short term. Japan, the most foolish one, so late then react, Obeegood.


You think US high rate can sustain, higher rate means higher interest of lending.
Higher interest of lending will refrain more ppl from lending.

[sgbuffett]

Not only China, many countries affected. This is only short term. Japan, the most foolish one, so late then react, Obeegood.


You think US high rate can sustain, higher rate means higher interest of lending.
Higher interest of lending will refrain more ppl from lending.

I posted about dire situation in Japan but Japan does not have fan boys to deny the truth about its economy.

https://sgtalk.net/Thread-Japan-Will-Yen...se-economy


China has many fanboys ...3 Yr of property and stock market slump .....economy weaken for 3 yes already 
...chinese govt and China economists themselves admit severity of problems.

Yet China fan boys want to deny. OMG are you blind

[aiptasia]

Is China going broke, so broke that they no longer pay wumao per line and it's nao wumao per 50 words essay?

Diam lah pundek CECA!  Go back and your cow dung.

[WhatDoYouThink!]

Ahbutt pukimak today stay home play games again? Omg 😱

[sclim]

some money move from china to hk is fact.
the rest are talk talk only.
the other fact is china trying to save hk market. other talk is about chinese able to buy hk stock in rmb.
other efforts to make hk market more attractive for mainland investors.
some big news reporter from west is losing credibility with this and other not so true report.

[WhatDoYouThink!]

They hv 200m university graduates, let them solve their problems. Meanwhile, spend some time cleaning and decluttering yr house if not going out

[Purikura]

Everyone is leaving and abandoning third world china including the ah tiongs themselves LOLOLOLOLOL!

Third world china is collapsing and everyone knows it.

Now their yuan is like worthless banana notes. No wonder ah tiongs would rather swim their way to the usa than stay in shithole china LOLOLOLOLOL

[Omnipresent88]

https://media.tenor.com/YzW6KKvqbXYAAAAM...stupid.gif https://media.tenor.com/HBfCrG3Zm5gAAAAM...ngebob.gif https://media.tenor.com/CcEAffiJHjMAAAAM...onsoon.gif https://media.tenor.com/CFVIVCpjT9MAAAAM...-laugh.gif https://media.tenor.com/-bWE2E_hsl4AAAAM...ughing.gif