China Financial Daily

Hong Kong 5 months before the new floor in the second half to double turnover or 5% of space
According to Hong Kong, “Wen Wei Po” reported that the water this year, mortgage banks, coupled with the continued inflow of hot money in Hong Kong, members of the public and zero-coupon inflation hedge tools to find the times, the purchasing power of the release of the financial market to regain their vitality after the tsunami. Single-handedly set in the past 3 months turnover continued to rise, pushed higher than the market price set so popular these days are big.

Reported that the Department of Centaline Property Research report published this year, only the first 5 months of the registration plate has been single-handedly recorded in 5529, over a year period of the second half of the sharp rebound in the low 1.11-fold. Period, the developer proceeds from the sale of up to 33.32 billion Hong Kong dollars, the second half than last year’s 47.1% up.

Reported that the impact of the financial tsunami, the market had expected the economy still remains in the doldrums this year, the developers set up the beginning of the year has become prudent to paste the market price or price reduction strategy set up to stimulate the buying public. However, since the beginning of the second quarter, with more ample market liquidity, the continued inflow of hot money, the stock market led by the 14,500-point bounce from 24% in the first 18,000 points Friday; prices also lower than the end of last year’s 10 percent rebound so that the developers may offer recently become aggressive, but even if the new set 10% higher than the market is still sought after by the market.

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