73369036 : Just read this news “The Asian Development Bank (ADB) on Thursday raised its forecast on China's 2024 economic growth to 4.8% from 4.5% previously, citing stronger household consumption”.
73369036 : Another news “Goldman Sachs lifts China 2024 growth forecast to 5.0%”.
73369036 : first quarter: GDP 5.3%
Mr Careful : country garden likely ran out of cash. the sales is too terrible to generate enough cash for operations and repayment of interest
Mr Careful : not likely to improve earnings. big players like vanke have to unload properties at lower price to keep afloat. if everyone sells lower, no one will benefit
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104255742 : All markets suck at the moment