Shanghai bourse falls on property market fears
By Xie Yu in Shanghai | China Daily | Updated: 2013-02-27 07:33
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The Shanghai Composite Index dropped by 1.4 percent to 2,293.34 on Tuesday, closing at its lowest level in about a month. Provided to China Daily |
The Shanghai bourse fell on Tuesday, dragging the benchmark index below the psychologically important 2,300 level, with investors concerned the government will clamp down on the overheating property market by draining excess liquidity from the banking system.
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