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Real Estate Briefing - Categorized | IPOs/Stock Market, Market Moves more

Real estate lead losers on China markets

Posted on 03 August 2012

The Shanghai Composite Index retreated 0.52 percent, or 11.05 points, to close at 2,112.31 points today on transaction value of 41.78 billion yuan. The Shenzhen Component Index inched down 170.35 points, or 1.86 percent, to close at 8,995.62 points on transaction value of 45.45 billion yuan.
Both bourses opened slight lower and there was a large selloff in the final hour morning trading, led by the real estate sector on fears that China may introduce more measures to curb the real estate market………………………………………..Full Article: Source


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