From Business Standard: 2024-06-20 06:15:00

Chinese shares slipped as PBOC kept lending rates steady. Shanghai Index closed down 0.4% at 3005.44, hitting two-month low. Real estate shares dropped due to home price decline in major cities despite recent stimulus. China kept one-year loan prime rate at 3.45% and five-year rate at 3.95%. New home prices fell fastest in over 9 years in May. Asian markets were choppy with US equities closed for holiday.



Read more at Business Standard: Property sector woes pull Chinese stock markets to two month low | Capital Market News