2010-09-13 — bloomberg.com
While home prices have yet to post “meaningful†declines, property stocks have already factored in concerns about policy tightening, according to Citigroup Inc.
Shares of real estate companies are among the worst performers in China this year, with an industry group tracking developers on the Shanghai Composite Index slumping 28 percent, compared with a 19 percent decline in the broader gauge.
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