戴德梁行：今日全球楼市速览(2010.03.16)

7.   Shanghai is teaming up with financial professional associations and educational institutions to expand its net to attract highly-experienced professionals to work in the city as part of its goal to be a global financial hub. The Shanghai Financial Association, an affiliate under the government's Shanghai Financial Services Office, has signed strategic partnership deals with the Chinese Finance Association based in the United States, the Canadian-Chinese Finance Association, Shanghai Foreign Service Co, Shanghai Advanced Institute of Finance under Shanghai Jiao Tong University and eFinancialCareers, a job Website, to extend its search for highly-qualified financial professionals. Shanghai is short of experienced financial talent. The industry accounts for more than 10% of the local GDP, providing 230,000 jobs. (Shanghai Daily).

8.   Auto electronics and green power will propel revenue in China's semiconductor market to rebound by double digits in 2010 after a decrease last year, industry officials said during an integrated circuit fair which opened yesterday. The revenue is expected to grow 17% annually to US$80bn this year, said Mark Saunderson, president of Global Sources' electronics business unit, citing figures from iSuppli, a US-based IT consulting firm. In 2009, the revenue fell 6.8% annually to US$68.2bn because of the global financial crisis, iSuppli said. (Shanghai Daily).

9.   New home sales in Shanghai continued to be sluggish in the 1st 2 weeks of this month amid low supply as real estate developers are uncertain of the prospects for the market. About 218,000 sq m of new homes, excluding those designated for relocated residents under urban redevelopment plans, were sold in the city between 1 Mar and 14 Mar, less than half of the volume in the same period a year earlier. The supply of new homes during the 2 weeks plunged to 93,000 sq m, even less than 10% of the stock in the same period in 2009, Shanghai Uwin Real Estate Information Services Co said. While transactions in the housing market were sluggish, prices continued to stay above the RMB20,000/sq m mark. The average price of new homes hit RMB20,487/sq m in Shanghai in the 1st 14 days of the month, against RMB19,696/sq m in Feb, according to Uwin statistics. (Shanghai Daily).

10.   Volkswagen AG – is considering setting up a new production base in Guangdong Province to boost sales and raise market share in south China, a Chinese newspaper reported. More than