Chinese policy makers are scratching their heads after a raft of measures meant to cool the country’s red-hot real estate market seem to have done little to accomplish their aim. Rising property shares sent Hong Kong’s Hang Seng Index up 1.3% Friday, while China’s Shanghai Composite Index fell 0.9%, and in Japan the Nikkei 225 Index inched up 0.1%.
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Rising Chinese Property Prices Carry Hang Seng Higher originally appeared on DailyFinance on Fri, 18 Feb 2011 06:50:00.