China growth and global non-US Internet equities

Blue Lotus Research Institute

Blue Lotus Research is a Hong Kong Type 4 Licensed investment advisory firm focusing on Chinese growth equities and global non-US Internet equities

MD, Blue Lotus Research Institute

Gu Jun, CFA

Thematic (Sector/Industry)

China Consumer staples / Thematic (Sector/Industry)

First week into 2018, two developments sent property stocks and related Internet stocks flying:<ol type="1" start="1">
<li class="x_MsoNormal">During the last week of 2017 and first week of 2018, three New 1st Tier Cities (Qingdao, Tianjin and Nanjing), two 2nd Tier Cities (Lanzhou and Hefei)  and several 3rd cities announced relaxation policies “disguised” as “attracting talents”. Market interpreted these cities unable to balance their fiscal budget and must resort to selling land to raise government incomes;</li>
<li class="x_MsoNormal">
Inner Mongolia Province (January…</li>
</ol>

First week into 2018, two developments sent property stocks and related Internet stocks flying:
During the last week of 2017 and first week of 2018, three New 1st Tier Cities (Qingdao, Tianjin and Nanjing), two 2nd Tier Cities (Lanzhou and Hefei)  and several 3rd cities announced relaxation policies “disguised” as “attracting talents”. Market interpreted these cities unable to balance their fiscal budget and must resort to selling land to raise government incomes;

Inner Mongolia Province (January…


Local and Central Governments' Tug over Real Estate Reform Will Shape Property and Retail Markets