Chinese banks (CHIX) tumble more than 2% after front-page commentary in the China Securities...

|About: Global X China Financial... (CHIX)|By:, SA News Editor

Chinese banks (CHIX) tumble more than 2% after front-page commentary in the China Securities Journal suggests monetary policy needs to be tightened. Developers (TAO) doubled that decline as another report says Beijing has completed a draft of property tightening measures. The Hang Seng's (EWH) 1.3% slide puts it in the red for the year. Shanghai -1.4%FXI -6% YTD.