Stock profit-taking lifts June home loans 429%

Real Estate

Friday, September 05, 2008 23:41:08

	Stock profit-taking lifts June home loans 429% By STAFF EDITOR Published: July 12, 2007 02:54 PM Home loans issued by Shanghai’s banks skyrocketed 429% to US$600.26 million (RMB4.55 billion) in June as speculators took profits from the nation’s booming stock markets and reinvested in property, the Shanghai Financial News reported, citing figures from ... You are currently reading 42 words of 128 total words in this article. To continue reading this article, you must be a subscriber. Log in now. Buy this article now for $10 USD. Not a subscriber? Start your 7-day free trial now. bookmark \| digg \| Permalink \| Tell a Friend Tags for this article: Central Bank , stock market , EA , ICBC	More Articles in Real Estate > Today’s Daily Briefs E-Mail Sign up for a roundup of the day’s top stories, sent every day. RELATED ARTICLES > Morgan Stanley to sink RMB10b in China property market Shanghai housing prices up 13% 1st week of June Property controls need to be market-orientated Land shortages drive housing price inflation CCB targets HK Ritz Carlton Mariott to expand Beijing hotel empire State-Owned Banks Hunt Overseas

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