JL Warren Capital

JL Warren Capital LLC is a leading independent equity research firm focused on Chinese companies and listed multinationals in China. We employ a bottom-up research approach that takes great care to avoid the acquisition of material non-public information. Through investigative due diligence including channel surveys and interviews, our research helps clients to pinpoint the dislocations in the market.

Investment Advisors

Exports Driven Chinese Housing Market Stabilization; Expect Liquidity Tightening After Luna New Year

China Housing 2017 - ChinaDebate Video Presentation

Investment Advisors, JL Warren Capital

Junheng Li

Thematic (Sector/Industry)

China Household durables / Thematic (Sector/Industry)

Post 19th Congress Credit Tightening &amp; Housing Market DestockingWe expect the physical housing market activities nationwide to continue their downward trajectory in 2017 and to further contract meaningfully in 2018.  Contrary to the capital market sentiment (evidenced by an average of 144% 1-year return in Chinese developer share prices, Appendix 1), we believe that the recent relaxation of purchase restrictions in selected T2-3 cities (Wuhan, Nanjing, Zhengzhou, Changsha, Lanzhou, etc), are…

Post 19th Congress Credit Tightening &amp; Housing Market DestockingWe expect the physical housing market activities nationwide to continue their downward trajectory in 2017 and to further contract meaningfully in 2018.  Contrary to the capital market sentiment (evidenced by an average of 144% 1-year return in Chinese developer share prices, Appendix 1), we believe that the recent relaxation of purchase restrictions in selected T2-3 cities (Wuhan, Nanjing, Zhengzhou, Changsha, Lanzhou, etc), are…

China's Credit Tightening & Local Housing Policies to Support T2-3 City Urbanization