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Posted by property | Posted in Real Estate | Posted on 14-05-2010-05-2008

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Hong Kong Stocks Fall on Shanghai Property Tax, Ping An Sale
May 14 (Bloomberg) — Hong Kong stocks fell after Newbridge Capital LLC sold shares in Ping An Insurance (Group) Co., and developers slid on concern China will step up measures to cool the property market.
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China May Expand Property Tax to Residential, 21st Century Says
May 14 (Bloomberg) — China‚Äôs tax bureau may announce by May 20 the expansion of its property tax on commercial-use properties to residences, the 21st Century Business Herald reported on its Web site yesterday, citing an unidentified person.
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