The first 10 days of data are in, and Beijing homes sales fell 26 percent from the first 10 days of September.
iFeng: 11月上旬北京新房网签量较9月上旬下降26%
S&P 500 & Nasdaq Composite Approach Critical Resistance; Watch for These
Important Levels!
-
A tug-of-war with no clear winner—that's what the stock market seemed to be
playing this week. With a Fed meeting, key economic data, and more earnings
on ...
Maybe things work differently in China, but isn't that really *really* bad?
ReplyDeleteIt's better than October when sales were down 30-40%. Beijing isn't critical to the overall market except as a bellwether. Cities such as Wuhan, Hangzhou, Nanjing and Hefei are the ones to watch right now.
Delete