The six main directions of the trillion real estate funds after regulation

How much capital outflow will be caused by tough real estate regulation? And how many of the money that would have been diverted to real estate?　　The answer is tens of billions of dollars. CICC and other agencies believe that in the next period of time, the original active in the real estate sector will flow to other areas of funds, the scale of at least 500 billion yuan. In accordance with international practice, if real estate appears to continue to be low, there will be more investment in real estate capital scale overflow.　　If the property continues to slump for a year, it is estimated that at least tens of billions of dollars will flow out of the property. However, after these hot money exit the real estate, will turn to where? The stock market, the gold market, the stock index futures, the World real estate, art markets, agricultural products ...　　Where did the money go?　　Flow to one: the stock market has not become a real estate capital refuge markets originally thought that housing was suppressed, speculation housing funds into the stock market, the traditional direction of capital flow will reappear; But the fact is, since the "State 10" issued, the stock market burst 400 points, the stock market not only increased, but in the decline.　　Comprehensive number of institutions, data show that this year to May 6, the overall performance of the Shanghai and Shenzhen capital outflow, a total outflow of funds of about 417.5 billion yuan, including the main capital outflow 43.6 billion yuan, retail funds outflow 373.9 billion yuan. In fact, before 2006, there was a "seesaw" effect in both the real estate and stock markets, and the property slump would lead to a rise in the stock market and vice versa.　　But the capital market changed everything, the flood of liquidity to the stock market and house prices, the entire social wealth exploded, breaking the real estate and stock market "seesaw" effect, so that the two markets according to the tightness of currency liquidity, showing positive correlation fluctuation.　　Now, when the liquidity crunch becomes a popular market expectation, stocks and real estate are in sync, stocks are frothy, property is leveraged, and a lot of money has no effective investment market to go. To two: Kill to the World property market or follow the footsteps of Japan "The Chinese are coming!" "From Japan and South Korea, to the United States, Europe, Australia, after the financial turmoil, the real estate market, a feeling of the Fang with money, went straight to the impact of the Chinese people." 400 billion yuan, the figure is said to be the Chinese government's recent regulation of the property market squeezed out of investment funds, some of them have been killed to the overseas property market. "Once the Chinese have accumulated some capital, they need to find an exit," The American daily reported today. May 4, Korea daily reported that Chinese people in Jeju-South Korea bought a value of 30 billion won (about 183 million yuan) of 58 sets of holiday homes.　　150 Shanghai investors came to the Jeju Island City Hanlin District, the current construction of the comprehensive resort Park for a 3-day investment negotiations, signed a total of 58, the value of 30.609 billion won the subscription contract. The newspaper commented that: "The Chinese government recently launched a crackdown on speculative housing policy, the overseas real estate market has become a new investment for the Chinese."　　"This view has a certain basis. Of course, the Chinese killed to the world property market blame the government property market seems to haveSome far-fetched. However, with the further widening of the gap between domestic and foreign property prices, the overseas real estate market will gradually become the Chinese new investment. At present, the Chinese people face less choice in domestic investment. In the domestic stock market in a relatively cool period, the crackdown on the stakes, its investment risk is increasing; domestic housing prices continue to soar, so that investors look "room" sigh. As a result, the Chinese have less investment options.　　But some overseas real estate market, because its related right is protected by the more perfect legal protection as well as the long-term investment value existence, then becomes a Chinese investment good choice. While it is not possible to judge whether Chinese buyers are in compliance with local laws and whether they have been granted permission from China and the Governments concerned, one thing is certain: "Money is the absolute truth."　　"Regardless of the intentions of the Chinese buying overseas, at least we can assume that the" bottom of foreign real estate "qualified people, must be China's rich, these few Chinese rich people can confidently" copy the bottom of foreign real estate ", ultimately by virtue of" money is the hard truth "of the wealth. Flow to three: "Fried Housing Group" to the stock index futures in the real estate sector before the stagnation of funds, has recently been clearly presented to the stock index futures market transfer.　　At the same time, most of the money is the property market attacks. May 12 stock index futures create record highs. CICC's data show that the day a total of 315,000 hands, turnover of 267.167 billion yuan, compared to the previous trading days increased by 25.19%. Total positions reached 14352 hands.　　On the same day, Hong Kong's HSI turnover of less than 80,000 hands, if the consideration of the HSI trading only about 100,000 yuan, CICC's period is even more hot.　　Moreover, the stock index futures trading capital and transaction capacity and activity growth rate is obviously a radical trend. According to CICC's transaction data statistics, the main contract IF1005 as an example, May 13, turnover of 217422 hands, the transaction amount reached 186.7 billion yuan, the previous trading day, the two data is a new record since the listing of 273131 hands and 231.2 billion yuan.　　With the stock index futures from April 16 on the first day of the 48988 hand and the transaction amount of 50.5 billion yuan, trading volume increased 5 times times, the transaction volume growth of more than 4 times times.　　The pace of capital admission is soaring every week, with much of the money coming from speculative property, and the investment impulse is strong. Flow to four: speculation in the House capital scare away the old collectors of art after the introduction of real estate control policies, investors may continue to invest money in the art market. Some of those who are enthusiastic about the property market are enthusiastic about participating in the art markets because they have been led by professionals.　　Some media outlets, such as an investor who had just started contacting the art market last year, recently said they would invest at least 10 million yuan a year. Zempochang, general manager of Guangzhou Cultural relics, said, "The art market in a year total turnover is only tens of billions of yuan, as long as a little money is enough to be turned upside down." At several auctions,Wave Strong found that many of the grade of porcelain mixed with a few steps lower than before, but the valuation is even higher than the previous line of the shoot. For example, in Hong Kong Sotheby's auction Seals, the 2007 transaction price of more than 40 million yuan, this year, but to shoot a high price of more than 90 million yuan.　　Affected by hot money speculation, some senior collectors even said that the spring shoot preview after the auction did not dare to participate in the sale, the market soaring prices let them out of the lake. Ku Qin, vice president of China's director of fine Germany, said at present, many investment channels in China have more procedures and procedures, and the art market can invest as long as there is capital preparation and reliable professional consultation, the basic reason for the art market to attract more investors is the scarcity and non-renewable nature of the cultural relics. Corporate capital has a strong pursuit of profit characteristics, particularly in favor of its own prices in a short period of time the rapid rise in art.　　But Ku Qin does not think hot money can adapt to the art market hype, because the art trading cycle is relatively long, "hot money to fry the market will be very difficult."　　Flow five: "Gold heat" continued to heat up with a large number of social funds, bank funds confused, the investment market is very sensitive to the Wenzhou fried Housing Group also began a new round of the Nuggets. Shanda, the head of the gold flagship store in Wenzhou City, said that the recent consultation and investment of customers to increase the daily average hundred people, is 2-3 times the previous months.　　April Wenzhou Park Road, "China's Gold" shop sales rose 150% than March, there is a tenant to buy 1.5 million yuan in kind investment gold bullion. Since 2008, Wenzhou has already appeared "Gold hot", in Wenzhou people's concept, the real gold is equal to the currency.　　Gold has risen by more than 30% this year, thanks to a huge influx of money into the gold market. If the policy continues to depress real estate investment and the stock market is not good, more people will invest in gold in the future. And the real estate, the stock market and so on, the gold price is the international market to dominate, by the domestic intervention is few, has the better risk aversion.　　The widespread inflationary expectations in society have led to more capital inflows into the gold market. Flow to six: Chinese herbal medicine "into" the next garlic although the drought in the Southwest has eased, but now is the low season of medicinal materials, but entered the May, the prices of various types of Chinese herbal medicines continue to rise.　　Industry insiders believe that the main reason is the national policy to regulate the property market, a large number of private funds into the medicinal industry, after the wild fry garlic, chili, Chinese herbal medicines or become the next round of speculation targets.　　In the last 10 days, various types of Chinese herbal medicine prices, safflower, radix paeoniae alba, Platycodon grandiflorum, Tsaoko, Lappa, Dan Pi, Zhe bei, Qiang Live, water banxia, medlar and other drugs have different amplitude of the rise, of which, Platycodon grandiflorum, safflower, Tsaoko, Qiang live, such as the price of medicinal herbs than the end of last year rose more than one. Many people in the industry feeling: in such a short period of time, such a high price, such a large production coming, the sudden rise in prices is rare. And it was in mid-April, the state began to vigorously regulate the real estate industry, many people are apparently not long engaged in medicinal herbs business, is expected to do the premisesThe people who produced the stock withdrew from the property market and the stock market and entered the drug market. Together)