Mobius stays keen on property
By Chua Kong Ho | China Daily | Updated: 2010-04-22 07:56
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Mark Mobius, executive chairman of Templeton Asset Management Ltd, said the fundamentals of China's property industry will not change much despite new government policies. Munshi Ahmed / Bloomberg |
SHANGHAI - Demand for housing in China will withstand government bank lending curbs, and further declines in the nation's property stocks may be an opportunity to buy the shares, Templeton Asset Management Ltd's Mark Mobius said.
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