Worst not over for Chinese property sector, JPMorgan investor survey shows

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Worst not over for Chinese property sector, JPMorgan investor survey shows
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LONDON : The worst of China's property crisis is not yet over, a survey of Chinese and international investors carried out by JPMorgan has shown.China's property woes have continued to mount in recent weeks as major developers like Country Garden and state-backed Sino Ocean have teetered close to an Everg

LONDON : The worst of China's property crisis is not yet over, a survey of Chinese and international investors carried out by JPMorgan has shown.

"Unsurprisingly, most investors are bearish," JPMorgan's analysts said in a summary of the survey published on Friday. "Ineffective policy responses" meanwhile was viewed as the biggest concern, followed by a spillover into the banking system, a double dip in property sales, and a significant slump in home prices.

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