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 Sen…
There are warning signs that Hong Kong property prices have hit their peak, and today real estate firms dragged the Hang Seng index lower. Despite the drum beats of the lion dancers specially booked to celebrate Chinese New Yea…
Asian markets closed lower Tuesday as the Chinese government formulates new rules to curb sky-high property prices. In Hong Kong the Hang Seng Index fell 1% and in China the Shanghai Composite Index lost 0.8%. Japan’s Nikkei 22…