Shanghai Lujiazui Finance & Trade Zone (600663 CH)
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Analysis
Real Estate • China
Shanghai Lujiazui Finance & Trade Zone Development Co., Ltd. operates in land development, property management, and infrastructure facilities construction within the Lujiazui Finance and Trade Zone. The Company also undertakes building and renovation projects.
In September, national new home (“commercial residential”) sales GFA increased 35.3% YoY and 27.1% YTD YoY, compared to 19.1% and 25.6% in August,...
There is strong reason to believe that Chinese mortgage debt is understated. Â Mortgage related debt would need to double or triple to approach even...
New home purchase and credit restrictions were introduced in select Chinese cities at the end of September and the beginning of October in response...