Extracted from http://news.fnchn.com/Funds_Less_investment_98374.aspx
2011-01-12 14:23:41 | View：8 | Tags：property sector
Since early this year, cyclical stocks such as property stocks have made quite strong performance. However, a great number of fund companies view that there are not many investment opportunities in the property sector in 2011.
As the property market is closely related to the people’s livelihood, it will be continuously suppressed by policies. Therefore, it would be hard to see a rally in property stocks. Some fund companies even asserted that the cycle for the financial and property sectors have terminated and the whole sector many only present partial trading opportunities.
For investment opportunities in other cyclical sectors, fund companies have different opinions.
Some optimistic fund companies hold that the performance growth in cyclical industries is worth expecting as the valuation level of cyclical sectors is close to the bottom and it is getting clearer that the Chinese economy will continue to go up in 2011.
Some fund companies maintaining cautious attitude point out that it would be hard for cyclical sectors to have trend opportunities. Policy control pressure will remain high in 2011 and this will directly suppress the performance of cyclical sectors such as banks and properties.
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