Booming Real Estate

No. I am not talking about the sinking real estate market in U.S. And Europe? The real estate boom has probalby been over the top as well. How about China? Hasn't it been hot for while.

Yes indeed. However with the Olympic in Beijin and Expo coming in 2010 the real estate boom is probalby still far from over. The government intervention probably had cool down the market recently. However for the long term the real estate market boom should still continue.

Here are some Chinese real estate stocks to look at:

• E-House Holding Limited (EJ) : the Shanghai, China based company focuses real estate brokerage services in Shanghai, Wuhan and Hangzhou as well as Hong Kong and Macau. The most recent financial results were very positive with revenue increase of 147% from $9.7 million in second quarter of 2006 to $24 million in the same quarter of 2007. Net income was more sweet with jump of 242% from $1.9 million to $6.4 million. The stock which began trading in August of 2007 is definitely a strong growing stock to hold.
• China Housing & Land Development, Inc. (CHLN.OB): the OTC traded company build an sale residential units in China. The most recent project already yields $3.4 million in sale and may bringing in $14 million in 2008. The stock for this year has gained almost 200% already to $6.15 per share.