China real estate information database

http://www.cric.com/en/

CRIC.nasdaq ....le compétiteur arrive !

http://soufun.com/

Soufun.com, China's second biggest provider of real estate information, has won regulatory approval to raise an estimated $120 million on the New York Stock Exchange.

Soufun's services cover 104 Chinese cities. Its posted $127 million in revenue and $52.7 million in net profit in 2009, up 22% and 125.2% respectively from the previous year. It netted $5.3 million on $68.2 million in revenue for the first half of this year, up 41.7% and 84.5% respectively year on year. Telstra, Australia's largest telecoms firm, holds 50.5% of the company.