Filed under: International markets, China, Stocks to Buy, Housing
E-House (NYSE: EJ) positions itself as an asset-light real estate services firm that helps real estate developers sell properties. Because of the increase in monetary supply, there's been an incredible increase in property sales volume.
For the second quarter, the company reported a 172% increase over the same quarter last year!
What's even better is that I think the Chinese property market is still in the early stages of a new bull market. So demand remains high, and E-House stands to benefit greatly in the months to come. Shares are already up nearly 170% year to date, but there's plenty of room to run. Don't miss out!
Continue reading Best China real estate stock: E-House (EJ)
Best China real estate stock: E-House (EJ) originally appeared on BloggingStocks on Sun, 04 Oct 2009 14:00:00 EST. Please see our terms for use of feeds.
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