BEKE: Taking-off Once More in Hurricane Brought by Policy Eases
BEKE is struggling in Q1 2022, negatively affected by the continuing downtrend of the Chinese property market and restrictive policies. However, we noticed China is actively boosting the recovery of China's real estate market, within acceptable risks. Meanwhile, BEKE's 'one body with two wings' strategy has born early fruit.
Jun 16, 2022 11:08 AM
An Industry Built on Debt
Real estate has long been the stimulus behind China's rapid economic development. House-buying became an investment as prices soared, thus resulting in overbuild. Evergrande's downfall signals the halt on China's reliance on its real estate sector as the country seeks to regulate and strengthen the economy and its foundation.
Nov 08, 2021 09:42 AM