China property stocks plummeted 8% after housing ministry briefing, leading to overall market decline.

From Google: 2024-10-17 03:46:00

China property stocks plummeted almost 8% following a housing ministry briefing. This drop led to a general decline in most Asia-Pacific markets. The news caused concern among investors, leading to a ripple effect across the region. The housing market situation in China is closely followed by global markets due to its impact on the economy.



Read more at Google: China property stocks drop nearly 8% after housing ministry briefing; most Asia-Pacific markets decline – CNBC