“China’s stocks fell after a two-day holiday amid concern a bird flu outbreak and property marketcurbs will hurt the nation’s economic recovery.
China Vanke Co. and Poly Real Estate Group Co., the nation’s biggest developers, slumped at least 2 percent after Beijing increased the minimum downpayment on purchases of second homes. Air China Ltd. (601111) and China Southern Airlines Co. paced declines for carriers on speculation flu deaths may deter people from traveling. Shijiazhuang Yiling Pharmaceutical Co., whose drugs the government said may combat the virus, jumped 10 percent, leading gains for health-care stocks….”
If you enjoy the content at iBankCoin, please follow us on Twitter
