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So say top analysts from firms including Goldman Sachs Group Inc. and Citigroup Inc. As curbs to cool property prices have pushed equity values down near record lows, Goldman Sachs saidthe market is pricing in a deep downturn and that investors are too pessimistic on expected income, especially from some leading developers. Citigroup cites the investment appeal of large developers as the industry enters an era of mega consolidation. AndChina International Capital Corp. said builder stocks may surge more than 20 percent in the first quarter as palpably better-than-expected home sales act as a catalyst. A Bloomberg Intelligence index tracking 22 mainland developers listed in Hong Kong surged 5.7 percent on Wednesday, the biggest increase in more than 11 months. Country Garden Holdings Co. soared 9 percent, the largest gain since April 13, 2015. China Resources Land Ltd.




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A Chinese herbal medicine shop Photograph: Antonio Olmos for the Observer @MelissaLDavey Sunday 5 February 2017 16.19EST Herbal medicines can cause kidney failure and liver damage in some consumers because they contain toxic chemicals or heavy metals, or react harmfully with other drugs, a study has found. The finding comes from a paper published in the Medical Journal of Australia on Monday. Researchers led by the University of Adelaide reviewed the findings from 52 studies of herbal medicines and toxicology. The lead author of the review, pathology professor Roger Byard, said the Therapeutic Goods Administration (TGA) should require independent testing of herbal medicines before placing them on the market, and that legal action should be considered when products did not comply with regulations. The products should also be closely monitored once on the market, he said. Harsher penalties are set to be introduced for manufacturers who make misleading or false claims. Toxic side effects of herbal medicines used in traditional societies have typically not been reported, and this is often cited in favour of their safety, Byard said. However, the lack of systematic observation has meant that even serious adverse reactions, such as the kidney failure and liver damage caused by some plant species, have gone unrecognised until recently. The predominant users of herbal medicines in Australia are women under 35 with a tertiary education. Many users of herbal medicines do not tell their doctor they are taking the substances because they believe they are natural and therefore, not harmful, a co-author of the paper, pharmacology lecturer Ian Musgrave, said. We can use these toxins in low concentrations in order to have useful medical effects.

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