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Buy now to profit from India vote volatility in 2019, says FundsIndia

Bloomberg Now is the time for equity investors to bet on India’s election results, even though the polls aren’t likely till May, according to FundsIndia. Investing five to six months before the elections in 2009 and 2014 earned an average three to six percent more than the Indian benchmark return in the five-year period to the next vote, said Vidya ...

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Hong Kong home sales hit 12-year low in Nov

Bloomberg Hong Kong’s housing market is suffering its worst declines since 2016 — by multiple measures. New-home sales this month are on track to be the lowest by volume since January or February of that year, according to Midland Realty data. Meanwhile, used-home prices have fallen for eight weeks, the longest losing streak since 2016, according to the Centa-City Leading ...

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China realty queen makes comeback with $7bn transfer

Bloomberg Wu Yajun’s transfer of a $7 billion stake to her daughter caps the property developer’s comeback after a 2012 divorce robbed her of the title of China’s richest woman. It also marks the distance that billionaire Wu has come since quitting an “iron rice bowl” job in 1988. Her property empire Longfor Group Holding Ltd. has almost doubled in ...

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