|Bid||0.000 x 800|
|Ask||0.000 x 1300|
|Day's Range||30.430 - 30.720|
|52 Week Range||24.520 - 33.380|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.70%|
Is China’s property sector’s weakness abating? Prices for iron ore and other commodities dependent on China’s growth were expected to get a lift after President Trump’s conciliatory tweets following a speech by China’s leader, Xi Jinping. Commodity prices got a boost from the latest data out of China—especially related to its property market.
Is China’s property sector weakening? China’s property market (TAO) is showing signs of cooling down, according to the latest data. According to the National Bureau of Statistics of China, new home prices rose in 44 of 70 cities in February compared to 52 cities in January.
Nomura has predicted that the property market (TAO) in China will remain strong for the coming five to ten years. China’s real estate research head at Nomura, Elly Chen, said, “We are upbeat on China’s real estate demand in the medium and long term.” Chen also predicted that in the short term, the market will remain stable due to the government’s control measures. According to the latest data, housing prices in December 2017 dropped on a yearly basis in nine of the 15 major cities in China.
It’s vital for iron ore investors to track movements in the Chinese real estate market (TAO). In this article, we’ll discuss the Chinese property market indicators to gauge their outlook. In 2017, the total property investment in China grew 7% year-over-year (or YoY), which is 0.1% higher than the growth record a year earlier.
To track demand for steel and iron ore, it's important to keep tabs on the developments in the Chinese real estate market (TAO).
Real estate directly impacts 40 other sectors in China. It’s important for iron ore investors to track China’s real estate growth (TAO), as this sector accounts for the majority of steel consumption in ...
The sub-index for activity growth in China’s construction sector grew to 62.5 in July 2017—the highest level for this metric since December 2013.
Real estate directly impacts 40 other sectors in China. It’s important for iron ore investors to track China’s real estate growth.
It's very important to track China’s property sector for iron ore investors, as this sector accounts for the majority of steel consumption in China.
To track steel demand in China, it's important to keep tabs on its property sector, as it's critical to seaborne iron ore demand.
China's real estate investments increased in April 2017 as compared to the previous month. Sales growth, on the other hand, was significantly slower.