Co-founder & Managing Director, Marketnomix 

Rajan Govil

Co-founder & Managing Director

Marketnomix 

Macroeconomics

The RMB has declined almost 3% against the USD since the beginning of 2016. We expect the RMB to continue to face downside pressure through 2016. Non-oil exports as well as non-oil imports are likely to have remained weak in June on a 3mma basis, continuing the trend seen in the first five months of 2016, reflecting the headwinds the economy continues to face on the domestic as well as external front.On a 3mma basis overall exports declined 3.6% y-o-y in June, compared to a rise of 0.9% y-o-y in…

The RMB has declined almost 3% against the USD since the beginning of 2016. We expect the RMB to continue to face downside pressure through 2016. Non-oil exports as well as non-oil imports are likely to have remained weak in June on a 3mma basis, continuing the trend seen in the first five months of 2016, reflecting the headwinds the economy continues to face on the domestic as well as external front.On a 3mma basis overall exports declined 3.6% y-o-y in June, compared to a rise of 0.9% y-o-y in…

China: RMB to Continue to Face Downside Pressure Through 2016

Founder-CEO & Chief Analyst, Real Estate Foresight

Robert Ciemniak

Founder-CEO & Chief Analyst

Real Estate Foresight

Since 2012, REF has been helping investors with market research, project due diligence, and strategy development. This has ranged from detailed assessments and estimates on distressed developers' project portfolios to market due diligence on specific projects to macro-level questions linked to demand for commodities. The unique combination of the housing markets and developer data from data partner China Index Academy in Beijing, primary research, and technology-powered alternative data collection from public sources result in a valuable content set used in REF analytics and reports.

Predictive Analytics for China Property

Thematic (Sector/Industry)

Based on new data released by NBS today: in June, national new home sales (in gross floor area) for 'commercial residential' buildings rose 14% YoY and 29% YTD YoY, slower compared to 22% and 34% in May, respectively. National land acquisitions (land area purchased by real estate development enterprises) increased 7% on YoY basis and declined by 3% on YTD YoY basis, improving on the previous month.In absolute terms, YTD (Jan-Jun) national new home sales reached historical highs, while the…

Based on new data released by NBS today: in June, national new home sales (in gross floor area) for 'commercial residential' buildings rose 14% YoY and 29% YTD YoY, slower compared to 22% and 34% in May, respectively. National land acquisitions (land area purchased by real estate development enterprises) increased 7% on YoY basis and declined by 3% on YTD YoY basis, improving on the previous month.In absolute terms, YTD (Jan-Jun) national new home sales reached historical highs, while the…

China Data Brief: New Home Sales Growth Slows, Land Sales Growth Less Negative (Jan-Jun)

A number of indicators point at an impending turning point for the aggregate level house price growth in China. Historically, a set of indicators such as M2 money supply growth rate and sales volumes growth for 'commercial residential' sector in terms of gross floor area sold, have been fairly good predictors of the direction of the house price growth. And the house price growth has followed a fairly consistent set of cycles over the past years, reflecting the sequence of policy easing and tightening moves.

A number of indicators point at an impending turning point for the aggregate level house price growth in China. Historically, a set of indicators such as M2 money supply growth rate and sales volumes growth for 'commercial residential' sector in terms of gross floor area sold, have been fairly good predictors of the direction of the house price growth. And the house price growth has followed a fairly consistent set of cycles over the past years, reflecting the sequence of policy easing and tightening moves.

A Cyclical Turning Point For China Property?

In this one-minute animation (below) we illustrate the dynamics of the house price growth in China across 100 major cities on a monthly basis between June 2011 and June 2016, based on index data from SouFun CREIS. Looking at individual cities or even districts demonstrates how large the spread of performance can be across cities, even within one tier.The size-changing 'bubbles' capture monthly year-on-year changes in house prices at the city level, the size of the 'bubbles' reflects the growth…

In this one-minute animation (below) we illustrate the dynamics of the house price growth in China across 100 major cities on a monthly basis between June 2011 and June 2016, based on index data from SouFun CREIS. Looking at individual cities or even districts demonstrates how large the spread of performance can be across cities, even within one tier.The size-changing 'bubbles' capture monthly year-on-year changes in house prices at the city level, the size of the 'bubbles' reflects the growth…

China Property - What's Really Happened To The House Prices Over The Past 6 Years?

China Macroeconomics & Academia

Christopher Balding

With China devaluing the RMB, PPI remains firmly negative though the decline has slowed.. This negative trend in PPI will inevitably have a damaging impact on the corporate sector which already is highly leveraged and is a major contributor towards NPLs which have become a headache for Chinese banks.The PPI for June has turned out to be -2.6%, though above the previous month but still signifying a deflationary environment. The major slump has been witnessed by the investment and fixed asset…

With China devaluing the RMB, PPI remains firmly negative though the decline has slowed.. This negative trend in PPI will inevitably have a damaging impact on the corporate sector which already is highly leveraged and is a major contributor towards NPLs which have become a headache for Chinese banks.The PPI for June has turned out to be -2.6%, though above the previous month but still signifying a deflationary environment. The major slump has been witnessed by the investment and fixed asset…

China

Huatai Securities Co., Ltd. provides financial company. The Company provides securities brokerage services, research consulting services, investment banking and direct investment services, fixed-income services and asset management services.

Founder Securities Company Limited's major business includes securities brokerage, securities investment consulting, securities trading, financial advisory on securities investment and trading activities, proprietary trading, securities asset management, investment fund distribution, margin business, and provide intermediate agency services for Founder Futures Limited.

Orient Securities Company Ltd. of China (DFZQ) provides investment advisory and brokerage services. The Company maintains assets for individual and institutional investors in equity and fixed income portfolios. 

Guotai Junan Securities Co.,Ltd. provides financial services. The Company offers corporate finance, fixed income securities, asset management, risk management, and other services. Guotai Junan Securities Company serves clients throughout China.

Guosen Securities Co.,Ltd offers securities services. The Company provides securities brokerage, securities investment, securities consulting, and other services. Guosen Securities provides its services throughout China.

Haitong Securities Co., Ltd. offers securities services. The Company provides securities brokerage, asset management, securities investment, share transfer agency, and capital intermediary services. Haitong Securities focuses on  online brokerage, wealth management, and institutional investors.

Haitong Securities Co Ltd (A) (600837 CH)

Industrial Securities Co., Ltd. is a securities company.  The Company's business covers securities brokerage, investment consulting, securities trading, financial advisory, securities underwriting and sponsorship, proprietary trading, asset management, investment funds marketing as well intermediary services for futures companies.

China Merchants Securities Co., Ltd. provides securities services. The Company offers securities brokerage, securities investment consulting, securities underwriting, and other services. China Merchants Securities also operates investment management.

China Merchants Securities Co Ltd (A) (600999 CH)

GF Securities Co Ltd. is a securities firm. The Company offers investment banking services including equity and bond underwriting, mergers and acquisitions consulting, financial consulting, brokerage services, and asset management services.

China International Capital Corporation Ltd. (CICC) operates as an international investment bank. The Company provides financial services, including investment banking, capital markets, securities sales and trading, fixed income, asset management, and private equity. China International Capital also offers individual wealth management and research services.

China International Capital Corporation (3908 HK)

ASX Ltd is a demutualized company which operates Australia's primary national stock exchange and equity derivatives market. The ASX operates markets for equities, derivatives, fixed-interest securities and capital-raising for unlisted companies using advanced computer systems for both trading and settlement.

Pershing Square Holdings Ltd is a closed-ended hedge fund vehicle incorporated in Guernsey.

Singapore Exchange Limited owns and operates Singapore's Securities and derivatives exchange and their related clearing houses.  The Company also provides ancillary securities processing and information technology services to participants in the financial sector.

Houlihan Lokey, Inc. operates as an investment bank. The Company offers mergers and acquisitions, financial restructuring, capital markets, strategic consulting, and financial advisory services. Houlihan Lokey serves customers worldwide.

MarketAxess Holdings, Inc. operates an electronic, multi-dealer to client platform for U.S. and European high-grade corporate and emerging markets bond trading.  The Company's technology delivers price discovery and trade execution services to institutional and broker-dealer clients.

SBI Holdings, Inc. manages venture capital fund which mainly invest in Internet related venture companies.  The Company also provides brokerage, investment banking, and financial services.

Evercore Partners Inc. is an investment banking boutique. The firm provides advisory services to multinational corporations on mergers, acquisitions, divestitures, restructurings and other corporate transactions. Evercore also manages private equity funds for institutional investors.

Jefferies Financial Group Inc. is a global diversified financial services company focusing on investment banking and capital markets, asset management and direct investing. The Company offers a full range of investment banking, equities, fixed income, asset and wealth management products and services.

Stifel Financial Corp. is a financial services holding company whose subsidiaries serve individual and institutional clients in the U.S. and Europe. The Company's broker-dealer affiliates provide wealth management, investment banking, independent research, trading, investment advisory, and related financial services.

SEI Investments Company provides global investment solutions and business solutions.  The Company integrates technology, research, information services, financial products, and asset management advice to serve banks, mutual fund and pension plan sponsors, insurance companies, money managers, and individual investors.

Everbright Securities Co., Ltd. provides securities brokerage, trading, custody, underwriting, asset management, and investment consulting services.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Everbright Securitie Co (A) (601788 CH)

China: RMB to Continue to Face Downside Pressure Through 2016

The RMB has declined almost 3% against the USD since the beginning of 2016. We expect the RMB to continue to face downside pressure through 2016....

Rajan Govil

China Data Brief: New Home Sales Growth Slows, Land Sales Growth Less Negative (Jan-Jun)

Based on new data released by NBS today: in June, national new home sales (in gross floor area) for 'commercial residential' buildings rose 14% YoY...

Robert Ciemniak

A Cyclical Turning Point For China Property?

A number of indicators point at an impending turning point for the aggregate level house price growth in China. Historically, a set of indicators...

Robert Ciemniak

China Property - What's Really Happened To The House Prices Over The Past 6 Years?

In this one-minute animation (below) we illustrate the dynamics of the house price growth in China across 100 major cities on a monthly basis...

Robert Ciemniak

A Look at PPI and CPI Data From China

With China devaluing the RMB, PPI remains firmly negative though the decline has slowed.. This negative trend in PPI will inevitably have a...

Christopher Balding

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)