China Property Property developers

Table of contents
1 Overview: Play on second-tier cities
4 Second-tier cities: Faster, less volatile growth than first tier
13 First-tier cities: Apart from Shenzhen, most face a slowdown
23 Company snapshots
24 China Overseas Land (OP): Solid national player
30 Shanghai Forte Land (IL): Finding the way out
35 China Resources Land (IL): On the right track
40 Beijing Capital Land (IL): Stuck in the middle
45 Appendix
47 Definitions
48 Our property sector assumptions
49 Disclosures