Credit Environment

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Shimao Real Estate rising 3%dbs material valuation attracts 16.17 yuan

Shimao property climbed to a bottom today, with shares now up 3.16% to HK $13.06, trading 14.95 million shares.  DBS issued a report saying that it had increased its rating from holding to buy, and that the target price had increased significantly from HK $6.64 to HK $144% to $16.17, a premium of 24% per cent. DBS refers to an increase of 45% and 12% per share of the Shimao 2009 and 2010 respectively to reflect strong sales performance and the acquisition of land transactions in Xiamen. A lower discount range was also used (the new target price is more than the net asset discount of 10%) to reflect a better credit environment ...

Shimao Real Estate rising 3%dbs material valuation attracts 16.17 yuan

Shimao property climbed to a bottom today, with shares now up 3.16% to HK $13.06, trading 14.95 million shares.  DBS issued a report saying that it had increased its rating from holding to buy, and that the target price had increased significantly from HK $6.64 to HK $144% to $16.17, a premium of 24% per cent. DBS refers to an increase of 45% and 12% per share of the Shimao 2009 and 2010 respectively to reflect strong sales performance and the acquisition of land transactions in Xiamen. A lower discount range was also used (the new target price is more than the net asset discount of 10%) to reflect a better credit environment ...

The property market preferential policy is expected to be clear at the end

Industry insiders said that the government department warned consumers of the panic purchase Liu Zhanhu out of the preferential policy due to the continued concern, the property market has been a panic deal.  Industry insiders said that the preferential policy is canceled, banks, construction, taxation and other related departments may fall into the tangle of Abacus, and the final orientation is expected to be clear at the end of this month. 1.5 trillion of credit poured into the property market yesterday by a portal hosted a seminar on the event, the Federation of Real Estate industry, the President of the Chamber of Commerce Niemeisheng use "unexpected" to describe the current credit environment, "This situation who want to get?" 2007 years in the second half ...

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