Bank of America Survey: China Real Estate is considered the number one source of globa

Although the Chinese government has introduced measures to boost the real estate industry, the real estate industryAccording to Bank of America's survey, in the perspective of investigators, Chinese real estate is still regarded as the number one source of the next global credit incident.

According to the Bloomberg News Agency report on Wednesday (September 13), according to the latest global survey of 222 fund managers who managed $ 616 billion (about S $ 838.3 billion) assets, in September, they were concerned about China's real estateThe proportion of investors in the industry increased from 15%last month to 33%.In the August survey, the United States or EU commercial real estate was regarded as the largest source of credit risk and has now dropped to the second place.

8%of the investors in the interviewed believe that the potential "bubble" of China's real estate is the biggest tail risk. Following closely, the central bank maintains the eagle position and geopolitics deterioration due to high inflation., Credit contraction, etc.

This survey is at the time of China's dilemma. The real estate developer and the creditors negotiate the extension of the repayment period.Earlier, the Chinese real estate giant Country Garden paid the interest of US dollar debt interest at the last moment before the broad period of time to avoid breach of contract.Country Garden plans to extend the repayment period of eight domestic bonds worth 1.48 billion US dollars on September 5.Bloomberg quoted people familiar with the matter and revealed that the voting time of two unprepared bonds in the eight domestic bonds was postponed to Tuesday evening.

Within two weeks after the Chinese government's relaxation of mortgage restrictions, the surge in housing sales in China's largest cities gradually weakened, causing the outside world to doubt whether these measures are sufficient to regain the market before the peak season of the market market.

In addition, nearly 60%of the investors believe that China will revive the market fine -tuning through policies in the next 6 months, and only 12%of the interviewees expect the government to launch a large financial measure.Only 4%of the interviewees expect the government to introduce large -scale currency stimulus policies, and 15%of respondents expect that China will not introduce any significant measures at all.

This survey was conducted from September 1st to September 7th.