"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.
That Fabulous Fib
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FEEDI haven’t messed around with Fibonacci retracements in weeks, and it
occurred to me that, with all the market action over the past month, it was
high t...
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