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Shares in China's Stock Price Decline After Home Applies Strict Rules

Unlike with my friends one of his peers, shares in China's stock decline. Even the largest decline in the last week.


This condition occurs after the Xinhua news agency reported that the regulators would set strict rules related to housing price cuts. In addition, Citi Securities issued a statement that the rally that occurred on stocks with small capitalization will soon be over also helped push China's stock movement.

Stocks slumped today, among others, Poly Real Estate Group Co. and Gemdale Corp. with decreased respectively by 1.1 percent.

"We're not going to see impressive growth in real estate sector in the next few years. Because the government would not loosen its policy on the property until there is a decrease in real house prices," said Zhao Zifeng from China International Fund Management Co. in Shanghai.

At the close at 15.00 local time, the Shanghai Composite Index declining 0.6% to 2622.88. Meanwhile, CSI 300 Index decreased 0.7 percent to 2884.04 in which the settlement was led by healthcare and technology-based companies. (Bloomberg / Barratut Taqiyyah / cash)
Stocks slumped today, among others, Poly Real Estate Group Co. and Gemdale Corp. with decreased respectively by 1.1 percent. We're not going to see impressive growth in real estate sector a few years into the future.

Mumbai, India intends Cropping Group International Investment

Group Mumbai Indian origin interested to invest in Indonesian airports.

Director General of Civil Aviation Ministry of Communications (Kemenhub) Herry Bakti S Gumay admitted that the company has express interest directly last month. The airport is by asking where they can invest their capital.

"We offer at least seven airports that want to promote to them. That is Samarinda, Banten, West Kalimantan, Kertajati and Denpasar. Most of the development was to develop a new terminal," said Herry, Wednesday (1 / 9).

According to Herry, did not rule the government will offer the development of Soekarno-Hatta Airport to the company. Ministry plans to find a partner for state-owned PT Angkasa Pura II (Persero) in developing the airport.

"Until now there is no provision should not be a majority of foreign investors in the investment of the airport. Because after all these airports will still exist in Indonesia, can not they take home.'ll Stay counting only the division of revenue between the two," he explained.

Meanwhile, President Director of Angkasa Pura II Tri S Sunoko confessed middle evaluate the best scheme of cooperation with potential investors the Soekarno-Hatta Airport. To then be submitted to the Ministry of SOEs.

"The possibility of holding company will be formed. Because if the funding side, it would be hard for us to invest themselves," concluded Tri