Chinese shares drop on higher home prices

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/FP
China's shares declined on Tuesday as developers companies fell to the lowest level in six weeks, smaller companies lost on speculation that valuations are excessive and as a report showed that home prices rose more than expected signaling a possible tightening of property curbs. The Shanghai Composite Index dropped 0.7% to 2,214.51 as of 11:30 a.m.

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