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However, over the last few weeks we have seen the company deliver what many believe to the exceptional profits with a significant number of house sales not yet booked. So, while the company has attracted a number of shorters many have had their fingers burnt and have been reducing their positions. The concern was the company had overstretched its finances in the short term and would pay a severe price. It does seem as though the bears have failed to recognise the value of these assets even in these troubled times. When the company issued a new bond to pay for the acquisition and shore up personal loans no credit check monthly payments short-term finances this was a signal that the bears had got this one wrong as well.
Evergrande Group and Sunac China Holdings Ltd board have access to finance at a time when many in the Chinese property market are struggling. As a consequence, these companies are performing much better than expected while many of their competitors are certainly feeling the pinch. There does seem to be something of a hierarchical system in China which has been prevalent for many years. Those who thought an opening up of the Chinese stock market to overseas investors and a greater degree of capital market policies were a sign of things to come may well need to think again. There is still a preferred group of companies across many of China s different business sectors and this is unlikely to change in the foreseeable future. Those who follow the Chinese real estate market will be aware of recent difficulties and attempts by the Chinese government to support house prices. The performance of the Evergrande Group and Sunac China Holdings Ltd share prices quite naturally attracted the attention of the shorters although many have had their fingers burned. A mixture of better-than-expected trading and improvement in short-term financing have given many traders something to think about.
The idea of shorting these company shares may have backfired in the short term but in fast little loans online the longer term there are still many challenges ahead. As the London property market continues to grab the headlines in the UK, London real estate prices are relatively stable compared to the ever more volatile Chinese property market. Despite the fact that the Chinese authorities introduced an array of restrictions, prices continue to spiral higher. This buoyancy is not replicated in the Chinese economy which has shown signs of a slowdown in recent times.
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It is also becoming obvious that many property investors across China are taking on levels of debt which they will struggle to service. The recent introduction of increased deposits and restrictions on who can where to get loans with bad credit buy property in particular cities and large towns may be too little too late. A slowing economy, a property market within a property market (going in different directions) and growing debt do not bode well for the short to medium-term outlook for the Chinese property sector.
The surprise announcement that the Chinese authorities are scrapping the one child per family policy has buoyed property stocks in the country.
The announcement was made late on Thursday and we saw an immediate reaction in stock prices.
The scrapping of the policy altogether caught many by surprise and there is much intrigue and mystery as to how this will impact China in the longer term. In response the authorities recently relaxed various restrictions on the type of properties that developers can build as well as tweaking monetary policy to assist financial markets. However, the impact of this potentially monumental change in child numbers could take some time to filter through because of the haze hanging over the troubled economy and the struggling property market. The early indications seem to be that larger properties will be required in the longer term and indeed the traditional responsibilities of Chinese grandparents is likely to come into play. Many Chinese families depend upon their grandparents for partial childcare which will ensure that more grandparents live with their children in the future.
So, while it is unclear at this moment in time how long the change in the one child policy will take to work through the system it can only be positive in the longer term. The short to medium term situation is not so clear due to a number of other factors which we have mentioned above. Like so many countries around the world there will be a significant increase in the older population of China. Experts predict that the vital 25 to 49-year-old group of the population will peak in 2015 at around 586 million people. It is then predicted to decline from then onwards at least until personal loans no credit check monthly payments the one child policy change kicks in. The ageing population across the country will likely lead 5000 personal loan to increased healthcare costs which will put pressure upon disposable household incomes.
A reduction in disposable household incomes in the short to medium term, at least until the economy recovers, could see many families reluctant to increase their size.
However, when you bear in mind the ongoing economic troubles of the region perhaps this is something of a payback and the easiest way to get the Chinese property market back on track? When the Chinese real estate market began to overheat back in 2006 the government introduced an array of regulations restricting access for foreign investors.
There were specific limits put on the number of properties which could be held by foreign individuals and businesses, i. There were also further restrictions introduced on foreign companies looking online payday loans direct lenders only to acquire real estate which significantly limited the appeal of this investment strategy. Historically China has been a very private and a somewhat mysterious market for many investors although recently we have seen a relaxation in some areas due in the main to trade-offs with other countries.
So, will this relaxation of Chinese property regulations lead to foreign investors re-evaluating their global real estate exposure? While many may be critical of the Chinese authorities relaxing investment regulations for overseas parties the fact is that many other countries around the world have introduced similar strategies. We ve seen the likes of quick personal loan Spain and Greece tempting overseas investors with promises of residency visas simply as a means of supporting local real estate markets.