Rising Chinese Property Prices Carry Hang Seng Higher

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…

Property Shares Still Hot in Hong Kong and China

Markets in Asia were mixed Tuesday. In Hong Kong the Hang Seng Index rose 1% to 23,760 and in China the Shanghai Composite Index crept up 0.4% to 2,804. In Japan the Nikkei 225 Index inched down 0.3% to 10,511 upon returning fr…