Overall stock and property will be see saw in trading during this stagnation period. It is not stagflation as we believe overall market will stay quiet and trading within range.
Overall slowdown is because of impacts from worldwide economy. However also some new policies by the local government will continue to affect short to mid term performance of both markets.
Especially the property market. We believe a switch into rental oriental market is already happening. Some leading industrial property portal like Estate123.com launched Landlord123 seen as activites bias towards capturing the market of rental in this period.
We will continue to stay invested but will focus into undervalued and yield oriented always.