Data:2009-12-12 2:34
Category: Money tips Release Date: 2006-01-19
Real estate stocks have been seriously underestimated the growth of Over the past two months, even suffered a severe macro-control, real estate index continues from June 8 to 1228 points, up to the current 1394 points, or 13.52 percent reached, while the Shanghai Composite was down 1.76% over the same period, real estate The defensive unit has been sufficiently validated.
Even so, we continue to believe that real estate stocks have been seriously undervalued, underestimated the fundamental for two reasons: first, investors of China's current understanding of the mechanism housing prices is not clear; Second, the investment logic error. The current securities markets generally, the logic is that "the macro-control housing prices caused controversy = = = curb the rising price of real estate = real estate stocks lower boom degree of the decline in value of investments," getting from here to a simple logical deduction, has been the fact that has caused a miscarriage of justice to the real estate industry in the future.
