Chinese Property Stocks Rise, Banks Drop; Benchmark Index Swings
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Bloomberg, (17/4) -- Chinese stocks
swung between gains and losses. Property developers extended gains to a
third day on speculation slowing economic growth will inhibit the
government from imposing any more industry restrictions. Banks dropped
after the China Securities Journal reported new lending may drop this
month from March.
The Shanghai Composite Index slipped 0.1 percent to 2,192.48 at 9:46 a.m. local time, after gaining as much as 0.1 percent. The CSI 300 Index was little changed at 2,458.95. |
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