CLSA's Wong Sees More Upside for China Property Stocks

The video discusses the undersupply of land in China over the past 24 months, leading to increased property prices. It highlights the differences in property markets across tier cities, noting that while first-tier cities face runaway prices, tier two and three cities remain affordable. The potential for growth in Chinese property developers' stocks is explored, with a focus on the impact of market curbs and the role of residential properties as an alternative currency due to infrastructure investments and economic expansion.

What has been a significant factor in the rising property prices in China over the past two years?

• Oversupply of land

• Undersupply of land

• Decrease in population

• Increase in construction costs

Why are property prices in first-tier cities in China difficult to control?

• Limited infrastructure

• High concentration of wealth

• Lack of government regulations

• Decreasing population

What is the expected upside for big property stocks according to the transcript?

• 10-20%

• 40-50%

• 20-30%

• 30-40%

How have infrastructure investments affected property prices in certain Chinese cities?

• They have increased property prices

• They have stabilized property prices

• They have had no effect on property prices

• They have decreased property prices

Why are residential properties considered an alternative currency in China?

• They are easily liquidated

• They are a stable store of wealth

• They are not affected by inflation

• They are government-backed