China property – Mid-year review and outlook

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SCB Research report - 28 July 2011

China property – Mid-year review and outlook

• While property demand softened in H1, average selling prices continued to trend up or held steady
• • Policy controls and credit tightening will continue until the upward price trend reverses
• • Large developers will outperform small to medium-sized ones in a weak market
• • Our top picks are CHIOLI 20, CHIBEI 16, YLLG 17, LNGFOR 16, COGARD 17, EVERRE 15 and CENCHI 15
• • We also recommend investors switch from SHIMAO 16 to KWGPRO 16, and from KAISA 15 to HPDLF 16

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关键词：property Outlook Review outloo China Review China property Outlook

中国房地产 - 年中回顾与展望