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Mild correction forecast for China’s property market

January 18, 2010  

From Pamela Tang

Ratings agency Moody’s is predicting fewer transactions and moderate price corrections in China’s property market after Beijing introduced measures to dampen speculation. Still, it does not expect a drastic decline.

Recent efforts by Beijing to dampen the domestic property market are likely to mean fewer transactions and moderate price corrections, according to ratings agency Moody’s.

Regulators have articulated fears about an asset bubble, notably in the property market. Prices...


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 LOCAL CURRENCY DCM

Rank Bookrunner Value ($m) No. %Share
1 Samsung Securities Co 1,079 13 4.8
2 China Development Bank Corp 1,066 3 4.8
3 KB Financial Group Inc 1,052 10 4.7
4 Daewoo Securities 950 8 4.2
5 Korea Investment & Securities 865 14 3.9
6 Woori Investment & Securities 854 12 3.8
7 SK Securities 758 8 3.4
8 CITIC Securities 686 2 3.1
9 Dongbu Group 650 10 2.9
10 Haitong Securities 649 2 2.9
Subtotal 8,609 70 38.4
Total 22,396 168 100.0

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