Old habits die hard. Often, when a sector rallies from bombed-out levels on hopes of a turnround, investors buy the poorest quality companies. The logic goes that the lowest quality stocks were hardest hit on the way down, and these businesses thus have the most to gain from recovery. For shares in Chinese property developers, this time has been no different.
江山易改，本性难移。当一个板块在业绩好转预期的推动下从大底反弹时，投资者往往会买入质量最差的公司的股票。这里面的逻辑是，质量最差的公司的股票在下跌期间受冲击最大，因此它们在回升期间的受益空间最大。对manbetx3.0 地产股而言，这次没有什么不同。
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