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Chinese shares fall, driven by weak property stocks

(Xinhua)
Updated: 2009-12-15 16:51
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Chinese equities fell on Tuesday, led by real estate developers after the State Council, the Cabinet, decided on Monday to curb the trend of soaring housing prices in some cities.

The benchmark Shanghai Composite Index edged down 0.86 percent, or 28.44 points, to close at 3,274.46 points. The Shenzhen Component Index lost 0.82 percent, or 114.6 points, to close at 13,825.84 points.

Combined turnover totaled 213.2 billion yuan ($31.2 billion), shrinking from 231.1 billion yuan on the previous trading day.
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