MARKET WATCH
HU YUE
【期刊名称】北京周报（英文版） 【年(卷),期】2011(054)030 【总页数】2
TO THE POINT: House prices continue heading north in most Chinese cities,defying government efforts to curb the property market fever. Chinese companies press ahead with outbound mergers and acquisitions, as they expand their footprint beyond China’s borders. China has boosted its holdings of the U.S. Treasury Securities for two consecutive months after previously shedding these assets. State-owned enterprises continue along a pro fitable path, with profits soaring in the first half of this year. China remains the world’s hottest initial public offering (IPO) market, despite a decrease in IPO cases in the first half. By HU YUE
Property Bulls
China’s property markets have maintained momentum in spite of government efforts to control speculation.
In June, 44 out of 70 monitored major cities witnessed month-on-month increases in prices of new commercial residences,while only 12 experienced declines. Prices stood unchanged in 14 cities, said the
MARKET WATCH
