http://www.bloomberg.com/news/2011-06-15/s-p-cuts-china-property-developers-to-negative-.html
It also said Hong Kong’s real estate market faces the risk of a “sharp correction.”
Moody’s Investors Service lowered its outlook for China’s property sector to “negative” from “stable” on April 14 on concern residential sales could decline by as much as 30 percent as local governments enforce housing curbs.
It also said Hong Kong’s real estate market faces the risk of a “sharp correction.”
Moody’s Investors Service lowered its outlook for China’s property sector to “negative” from “stable” on April 14 on concern residential sales could decline by as much as 30 percent as local governments enforce housing curbs.
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