China cut reserve 0.5% – KLCI and properties prices will move again

China has cut bank reserve requirement for another 0.5%.  This is significant as the second largest economy feel the impact. 

In this case, properties prices that suppose to correct may resume upward trend in 3-6 months.  So do KLCI 1600 will be on it’s way.

Not necessary a better performance but no choice that while world banks printing more money, even the one suppose to tighten let lose.  More inflation to come.

Probably a good timing for Asean rebuilding bubbles.  If it is correct, the run will be another 6-12 months and now is good timing to enter the market again.

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