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Shanghai Composite Index Posts Largest Drop Since August 2011 After Measures Announced to Curb China's Real Estate Market Five Star Equities Provides Stock Research on Baidu and SouFun



05.03.2013 16:20:16 -

(live-PR.com) -
NEW YORK, NY -- (Marketwire) -- 03/05/13 -- Chinese equities have struggled in recent weeks as concerns regarding the nation's economy continue to mount. The Shanghai Composite Index (SHCOMP) on Monday declined 3.65 percent, its largest drop since August 2011, after the Chinese government announced new measure aimed to curb housing prices. Five Star Equities examines the outlook for Chinese
equities and provides equity research on Baidu.com, Inc. (NASDAQ: BIDU) and SouFun Holdings Ltd. (NYSE: SFUN).



Access to the full company reports can be found at:





www.FiveStarEquities.com/BIDU : http://ctt.marketwire.com/?release=993080&id=2702884&type=1&url=http%3a%2f%2fwww.fivestarequities.com%2fBIDU



www.FiveStarEquities.com/SFUN : http://ctt.marketwire.com/?release=993080&id=2702887&type=1&url=http%3a%2f%2fwww.fivestarequities.com%2fSFUN



The State Council, China's cabinet, announced plans to raise minimum down-payments and loan rates for second home buyers in cities where prices have experienced a rapid increase. Additionally, the Chinese government has stated it would enforce a 20 percent capital gains tax on the sale of existing homes.



"The actual impact of the new policy can be very severe or not severe at all, depending on implementation. But the wording is unexpectedly harsh," said Yao Wei, China economist at Societe Generale CIB. "In three months' time, the impact may not be big at all. But it has stirred very high negative expectations."



Five Star Equities releases regular market updates on Chinese equities so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at www.FiveStarEquities.com : http://ctt.marketwire.com/?release=993080&id=2702890&type=1&url=http%3a%2f%2fwww.fivestarequities.com%2f and get exclusive access to our numerous stock reports and industry newsletters.



Shares of Baidu have fallen over 15 percent in the past month. The company reported revenues of RMB6.335 billion ($1.017 billion) for the fourth quarter of 2012, an increase of 41.6 percent when compared to a year ago. For the fiscal first quarter Baidu expects revenues to be in the range of RMB5.890 billion ($945.4 million) to RMB6.080 billion ($975.9 million).



SouFun Holdings is the leading real estate Internet portal and home furnishing and improvement website in China in terms of the number of page views and visitors to its website in 2009. The company reported revenues of $147.5 million in the fourth quarter, an increase of 29.6 percent when compared to the year ago quarter. Shares of SouFun have fallen over 12 percent in the past month.



Five Star Equities provides Market Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. Five Star Equities has not been compensated by any of the above-mentioned companies. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at:



www.FiveStarEquities.com/disclaimer : http://ctt.marketwire.com/?release=993080&id=2702893&type=1&url=http%3a%2f%2fwww.fivestarequities.com%2fdisclaimer



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