“China’s property market is seeing tentative signs of revival. Primary residential property prices in the 70 major cities posted a month-to-month increase of 0.06%, the first time in the past 13 months to record positive change, data provided by The National Bureau of Statistics show. But Shenzhen is stealing the show. New home prices there jumped by 6.7%. By comparison, the other three tier-one cities, Shanghai, Beijing and Guangzhou, recorded only 2.6%, 1.4% and 1.4% rise. Shenzhen is home to the vibrant technology industry. Tencent Holdings, for instance, is headquartered there. Shenzhen’s ChiNext board, which hosts New Economy stocks, has more than doubled this year.”
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Marc Faber: S&P 500 Could Fall 20% to 30%
China Says It Will Stop Taking Organs From Executed Inmates
Marijuana's March Towards Mainstream Confounds Feds
Geithner urges governments to fuel growth
Uncertainty dominates new hemp market
Unicorns Hunt for Talent Among Silicon Valley’s Giants
Federal Reserve Monetary Policy To Target Wealth Inequality?
French and Russian warships 'head for Syria'
Obama will address country on Syria; calls crisis ‘threat to global peace’
Do You Recognize This Country?
India central bank lifts ban on import of gold coins, medallions by banks
Obama announces proposals to reform NSA surveillance
Australia Bans Cash For All Purchases Over $7,500
Russia: U.S. demands to hand over Edward Snowden are ‘ravings and rubbish’
Americans’ personal data shared with CIA, IRS, others in security probe