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%
That’s Prolly About It
-
FEEDTesla (TSLA) is having a great after-hours session. It is the top
gainer after-hours, adding a double-digit percentage to its closing price
and this is...
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