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Equity turmoil swirls around realty sector

By Wu Yiyao In Shanghai | China Daily | Updated: 2015-07-10 07:29

The aftershocks from the stock market turmoil are starting to hit the property sector.

Some investors are rushing to sell their homes or ditching plans to buy property after piling up losses when the Shanghai Composite Index went into free-fall over the past three weeks. It has dropped by more than 30 percent since mid-June.

On Thursday, it at least reversed weeks of losses to close 5.76 percent up at 3,709.33 points.

Equity turmoil swirls around realty sector

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