Believe many readers have noticed that my previous 2 blog posts aren’t posted by me. My best friend I mentioned whom I started my investing journey with, is currently an author of this blog too.
Anyway, been researching into the China property market, with a main focus in the residential market. Sorry for the lengthy post (heh!) I tried my best to be concise.
Recently, Yu Liang, CEO of China Vanke – the largest residential real estate developer in the People’s Republic of China predicts that majority of the China’s property developers will cease to exist within the next 15 years. Yu’s remark is not the first time developers have sounded a bearish note on the industry. Pan Shiyi, Chairman of Soho China and Ronnie Chan, Chairman of Hang Lung Properties are some of the others having a pessimistic view on the China Residential Property industry. In this research, I ......