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8/20/12

Hong Kong stocks hit China rising property


HONG KONG. Hang Seng Index fell da continued weakness last week. Today market participants worry that China will further tighten the rules in the property sector.

The reason house prices rise in China. This rise in many cities with the largest number in the last 14 months.
Hang Seng Index shrank 0.7% to 19 981 09:54 pm Hong Kong time. Each of the three stocks fell for a stock that goes up. This index fell 0.1% last week. Hang Seng China Enterprises Index which includes mainland China companies listed in Hong Kong fell 0.6%.
Citing several anonymous sources, the Shanghai Securities News reported today, China will probably add probation for property taxes. China also will raise the pre sale home if home prices rise too fast.
source:http://investasi.kontan.co.id

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