FIRST AIRED: July 14, 2015

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COMING UP:Share Opener Variant 4

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Transcript

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nnnnn turbulent times for chinese stocks could send money crashing into a very different market , global real estate in hot spots like sydney vancouver new york and of course london , chinese bowing in london used to be mainly rich individuals purchasing single properties for themselves , well the principal change since the stock market turmoil in china has been the roles and seeing just individual bias which , change has been we've been seeing investors coming here looking to buy blocks of flats , a very different thing for them , investment , not just for their own individual , serious amounts of money could be in play , chinese shares are down twenty percent just since june , investors they're sold fifty eight billion dollars of stocks in the first five months of twenty fifteen almost double lost his figure and that money has to go somewhere , in the u. s. property firm couriers international says chinese property investment is on course to more than double , here in london agents report chinese investors looking to put up to one hundred and fifty million pounds into single deals , they hope that will give a shot in the arm to a top and property market sapped by higher transaction taxes and the strength of sterling , but the news would be welcomed by all in london and other major cities foreign investors are often blamed for driving home prices beyond the reach of ordinary folk , but anyone who already owns prime property in the city center probably won't be complaining