More chinese trouble is looming in the horizon, and this time round it is the property market.It is begining to get jittery.The prices which came out this morning has shown an increase which will prompt the government to put in fresh curbs.And this is on top of less access to financing for both developers and home buyers.
Japan (Nikkei Average) up 0.1% (at break)
Hong Kong (Hang Seng Index) down 1%
Shanghai (Shanghai Composite Index) down 2.1%
Sydney (S&P/ASX 200) down 0.1%
Seoul (Kospi) down 0.3%
Taipei (Taiex) down 0.3%
Japan (Nikkei Average) up 0.1% (at break)
Hong Kong (Hang Seng Index) down 1%
Shanghai (Shanghai Composite Index) down 2.1%
Sydney (S&P/ASX 200) down 0.1%
Seoul (Kospi) down 0.3%
Taipei (Taiex) down 0.3%