"My house's value has dropped by as much as one-third, and we have lost some 10,000yuan," a homeowner surnamed Yang told Shanghai Daily.The price drop occurred for advance sales, not existing apartments. People demanded refunds or rebates. When they didn't receive any, they smashed up the office of China Overseas (0688.HK). Prices for similar apartments in Shanghai are off 25 to 30%, based on the examples in the article.
Five & Dime
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FEEDI’m still keeping things light and mellow. I have just five short
positions, by way of September in-the-money put options. These positions
are as follows:
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