Inexplicable success is as unnerving as failure. At least it should be. Evergrande Real Estate Group was the best performing of Hong Kong-listed China property stocks last year, scoring a total return of almost 150 per cent. Second place went to China Vanke, up a mere third. Indeed, Evergrande was the top performer in an index of 100 Hong Kong listed mainland stocks that includes far sexier technology companies such as Tencent and Apple supplier AAC Technologies.
让人看不懂的成功和失败一样令人不安。至少它应该令人不安。恒大地产(Evergrande Real Estate)是香港上市的manbetx3.0 房地产股票中去年表现最佳的，总回报率近150%。排名第二的是万科集团(China Vanke)，涨幅只有三分之一。实际上，在一个追踪100只香港上市内地股票的指数中（其中包括腾讯(Tencent)和苹果(Apple)供应商瑞声科技(AAC Technologies)等吸引力大得多的科技公司），恒大表现最佳。
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