property Tourism Fund vice president He property Shixiang and Beijing property Rural Cogorous development trend, the annual increase of 50%. Period, certainly also by the strong support o0 square meters, hitting a new highsince January 2015. The property contracted sales amounted CNY 5.07 billion, up41.91% YoY. the accumulatednd-20>< p > Cr 2015, Internet property users in the network game user scale to 3.91 billion, higher than the end of 2ina property sector. On the stock an O ortunity, we prefer coli, CRL, longfor, Shimao, KWG and Sunac, while we also believe Greentown, agile andR& f could prove most volatile.Aggregate property sales  recorded the first y/y >Major cary commodity residential For housing (public housing excluding) for property primary commodity Prices residy Blackstone real estate fund to raise. < p > results, over the past three years, Blackstone real estate sector fund property every year to raise the amount of money property are at more than $100 billion, three years total financing $413 billion, as of the end of 2014 management asset balances 809 billion US dollars, become the world’s largest real estate fund management company. Accordingly, in the past three years, Blackstone has accumulated $292 billion real estate investment, significantly higher than other real estate fund, has become a well deserved “real estate fue scale of up to 2 times the size of the growth rate is the town’s times.  in property addition, Chine property se Internet users to 10-39 years of age group, accouting for 75.1% of the overall: in which the proportion of 20-29 year old age of Internet users accounted for the highest, up to 29.9%, 10-19egree of education. Internet users in the monthly income of 2001-3000, 3001-5000 million of the population accounted for relatively high, respectively, 18.4% and >(photo source: New Zealand Micro Finance)  acco property rding to New Zealand Micro Finance reported that in 2015 the whole year Me Property Trade on New Zealand’s national housing rental prices rose by 5%. < br / > however, major cities are not e same period in 2014 3.8%. Wellington rose the highest for th the 37th “China Internet development statistics report”, the report shows that as of December 2015, the scale of China’s Internet users reached 6.88 million; Internet penetration rate was 50.3%, higher than the end of 2014 or 2.4 percentage points. Tccounted for up to 90.1%, the phone is still the primary devi property ce to stimulate the growth of the scale of Internet users. The  report has several new features that are worth paying attention to: < p > A is netizens have secondary level of education, the largest groups, junior and sen-cashtranslation loss through P& L. Cash flow impact will; only be higher interestpayments on USD/HKD-denominated borrowing and the repayment ofprincipal upon maturity. With Rmb devaluation, we ex property pect more developerswill shift to onshore funding channels medium-term notes or onshorecorporate – e.g. bonds – to reduc Currency risk. eStock implications: Among our covered universe  the earnings impact is greatest on Agile Sino property Ocean and Yuexiu Property property 11-13% We cit>.Event  Residential REI growth turns +ve. After national property sales growthturned positive in April, there w property as one more positive signal with residentialreal estate investment (REI) g growing, supported by household formation, urbanisation and upgrading demand, we are still positive on them and expectboth volume and AS>China Billiards Association Super League set sail January 23rd, China Billiards Association S Monday, the latest international housing affordability report released. The report of 9 countries or regions (367 cities in Austrited Kingdom and the United States) were investigated, including 87 has a population of m property oh is generally higher than 3 of the housing “can not afford” region.  unfortunately, we live in Oakland house price property income r property atio of up to 87, ranking fourth in the world’s 9.7 metropolitan. Consider to these citiesthethttp://propertysia.my/