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Tax move drags down property companies' shares

Thu, 18 Jan 2007 08:42:54 +0800 | peopledaily.com

Shares of Chinese property developers plunged yesterday in reaction to a government announcement that it would begin collecting land appreciation tax from next month.


Hong Kong Shares Drop 1.73 Percent

| Findory News China

International Business Times: Hong Kong shares fell Wednesday, led by declines in heavyweight China Mobile and several blue chips on profit-taking after Tuesday's sharp rally.


China shares lower for second day, while Japanese stocks rise

| Findory News China

Marketwatch: HONG KONG -- China stocks listed in Shanghai and Shenzhen fell for a second day Thursday, with property, financials and industrial shares leading the declines as investors pared positions amid concerns of excessive valuations and worries that the government may intervene to cool the market.



Movers: Areva shares increase on word of China deal

| Findory News China

International Herald Tribune: Areva shares increase on word of China deal


Hong Kong Shares Drop Sharply

| Findory News China

International Business Times: Hong Kong shares fell sharply Tuesday as investors concern over possible fund outflows before China New Year.


China Shares Rise in Pre-Holiday Trading

| Findory News China

International Business Times: China shares edged upward in pre-holiday trading Tuesday, although gains were limited by profit-taking among some blue chips.


China Shares Jump to Record High

| Findory News China

International Business Times: Chinese shares rose to a new record high Thursday as subscription funds from the initial public offering for Ping An Insurance Co. flooded back into the markets.


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