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China is expected to introduce furthers measures to dampen rising property prices, while several...

China is expected to introduce furthers measures to dampen rising property prices, while several cities have already reportedly tightened credits of housing provident fund loans. The speculation caused Chinese property stocks to suffer their sharpest falls in six months and dragged down the main indexes on the mainland and in Hong Kong. It comes after home sales in China's 10 largest cities jumped almost four-fold to 8.5M square meters in the first five weeks of the year.
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