日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

USEUROPEAFRICAASIA 中文雙語(yǔ)Fran?ais
Business
Home / Business / Finance

Latest government curbs hammer property stocks

By Wu Yiyao in Shanghai | China Daily | Updated: 2013-03-05 09:09

Latest government curbs hammer property stocks

An investor at a brokerage in Hangzhou, Zhejiang province. The Shanghai Composite Index fell 3.65 percent on Monday to close at 2,273.40 points. [Photo/China Daily]?

More than 50 listed Chinese real estate developers hit their 10 percent daily share fall limits on Monday, with the CSI300 index experiencing its worst day in 28 months, amid worries over the effects of further government moves to curb housing prices.

The Shanghai Composite Index fell nearly 3.7 percent to 2273.40, the biggest one-day drop since August 2011.

Included in the list of falls was China Vanke Co, the nation's largest property developer, which saw its shares drop 10 percent to close at 10.84 yuan ($1.70).

The CSI300, which represents the nation's biggest companies listed on the Shanghai and Shenzhen stock exchanges, dived to 2,545.7, or 4.6 percent, the largest single-day decline since November 2010.

The State Council announced on Friday that cities should work to maintain a stable property market, with measures including ordering individuals selling properties to pay a 20 percent tax on sale profits as well as raising down payment requirements and interest rates on second-home mortgages.

In many cities, the current tax on individuals selling properties is 1 percent of the selling price.

"The curbs on the property market may easily extend its impact to other sectors, such as banking, machinery manufacturing and cement makers," said Chen Lei, analyst with Citic Securities Co Ltd.

Share prices of Anhui Conch Cement Co Ltd and Sany Heavy Industry Co Ltd dropped more than 8 percent.

Measures to curb excessive growth of home prices in several cities have cast similar shadows over property developers since late February, but declines in the market are expected to worsen as a result of the latest announcement, said Chen.

Vanessa Chan, a Hong Kong-based property analyst, said central government regulation and control over the property market will curb speculation, but the big players will not be affected in the long run if their product lines focus on areas of highest demand.

"We do not expect regulation and controls to be drastic — in the long run changes will be gradual," said Chan.

Analysts said property tax and limits on house purchases may be introduced to more cities and drag down sales of homes.

It is highly possible that in major cities sales of homes will drop in the near future, according to a research report by Orient Securities Co Ltd.

Contact the writer at [email protected]

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 色秀视频在线观看全部 | 欧美性a视频 | 人人亚洲 | 人人爱人人草 | 91免费在线视频 | 亚洲成a人片在线看 | 久草在线视频免费看 | 99久久久国产精品露出 | 久久影城 | 免费特黄一级欧美大片在线看 | 亚洲热久久 | 欧美一级做a爰片久毛片潮 日本久久视频 | 美国黄色毛片 | 亚洲情综合五月天 | 91视频青娱乐 | 欧美调教视频 | 久久国产精品偷 | 双性精h调教灌尿打屁股的文案 | 久久青青操 | www.youjizz.com亚洲 | 狠狠草视频 | 三级视频在线播放 | 精品视频在线观看视频免费视频 | 天天影视综合网色综合国产 | 国产高清一区二区 | 成年人免费网 | 色精品一区二区三区 | 欧美成人黑人视频免费观看 | 欧美日韩国产一区二区三区播放 | 国产精品视频26uuu | 97天堂 | 久久se精品一区二区国产 | 欧美高清一级片 | 加勒比久久综合 | 欧美三级午夜理伦三级小说 | 天天操,夜夜操 | 国产免费久久精品99 | 精品视频麻豆入口 | 亚洲国产精品久久婷婷 | 国产精品视频免费的 | 精品一区二区三区在线观看视频 |