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Equities decline on policy change woes

China Daily | Updated: 2010-01-05 08:06

Equities decline on policy change woes

Property shares led declines yesterday as the Shanghai municipal government tightened tax and mortgage rules. Jing Wei

SHANGHAI: China's stocks fell on the first trading day of the year as Shanghai tightened tax and mortgage rules, bolstering prospects the government will step up measures to curb property speculation.

Equities decline on policy change woes

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