| 28.10.2008 - Chinese property stocks plunge to near all-time lows |
| From IHT: Chinese property stocks plunged to near all-time lows Monday, with Guangzhou R&F sliding 22 percent and China Overseas Land down almost 13 percent, despite government steps unveiled last week to prop up the housing market. Analysts and dealers said they had not spotted any changes to the fundamentals of the companies or new moves by Beijing. "Investors might just be throwing in the towel," said Eric Wong, an analyst with UBS..... Full Article: Source |