Chinese Property Stocks Are On A Tear

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SymbolPriceChange
FXI35.91-0.45
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Chinese property stocks are up after the follow-up measures announced by local governments ended up being less strict than markets had expected.

The Shanghai Stock Exchange Property Index (SHPROP) is up 2.4 percent.

A month ago, when China first announced a 20 percent capital gains tax on home sales, the SHPROP had tumbled nearly 9 percent.

Here's a look at how the SHPROP is doing:



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    Currencies
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    USDSGD=X
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    SGDCNY=X
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    Commodities
    NamePriceChange% Chg
    1,140.00+7.50+0.66%
    GCZ15.CMX
    14.62+0.04+0.27%
    SIZ15.CMX
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    ^XAU
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    47.70-1.50-3.05%
    CLV15.NYM
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MARKET MOVERS

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    0.134+0.004+3.08%
    5DN.SI
    0.310.000.00%
    5WA.SI
    0.540.00-0.92%
    N21.SI
    0.725+0.005+0.69%
    5ME.SI
    0.76-0.01-1.30%
    G13.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.26+0.02+10.64%
    L38.SI
    0.250.000.00%
    UQ4.SI
    0.22+0.02+10.00%
    AZR.SI
    0.22+0.02+10.00%
    GG7.SI
    0.30+0.03+9.09%
    AWO.SI
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    % Losers
    NamePriceChange% Chg
    0.09-0.02-18.18%
    40R.SI
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    5NF.SI
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    UV1.SI
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    P9D.SI