房地产

The ups and down of Chinese property stocks

With premier Wen Jiabao calling for curbs on house prices, it was no surprise that last week was bad for Chinese property stocks, writes Stefan Wagstyl.

The sector fell about 6 per cent on the week, dragging the Shanghai equity market down nearly 5 per cent in its biggest drop in almost two years.

But Chinese property companies have weathered the post-2007 global turmoil pretty well, outperforming the Chinese equity market.

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