| SouFun Holdings Ltd. led Chinese property stocks lower in New York trading after home prices in the nation tumbled, raising concerns the world’s second-largest economy will slow further.
SouFun, owner of China’s largest real estate website, fell from the highest level in two weeks. Property agency services E- House China Holdings Ltd. dropped for the third time in four days. The Bloomberg China-US Equity Index of the most traded Chinese shares in the U.S. was little changed at 102.76. Casino operator Melco Crown Entertainment Ltd. climbed to the highest level in eight months...............................................Full Article: Source
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