Latest government curbs hammer property stocks
By Wu Yiyao in Shanghai | China Daily | Updated: 2013-03-05 08:08
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An investor at a brokerage in Hangzhou, Zhejiang province. The Shanghai Composite Index fell 3.65 percent on Monday to close at 2,273.40 points. Long Wei / For China Daily |
More than 50 listed Chinese real estate developers hit their 10 percent daily share fall limits on Monday, with the CSI300 index experiencing its worst day in 28 months, amid worries over the effects of further government moves to curb housing prices.
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