⁍ The Shanghai Composite index was down 0.13% at 3,308.31 points at the midday break.
⁍ The CSI300 real estate index was down 1.06% at midday and the financial sector sub-index fell 0.53%.
⁍ The broader blue-chip CSI300 index gained 0.17% after flitting between gains and losses in the morning session.
– The Shanghai Composite Index was down 0.13% at the midday break on Tuesday, while the smaller Shenzhen index edged up 0.4% and China’s tech-focused STAR50 index added 0.21%. At the same time, the broader blue-chip CSI300 index gained 0.17% after flitting between gains and losses in the morning session, reports Reuters. New home prices in China grew at their slowest pace in more than 4-1/2 years as tightening measures introduced by some big cities to guard against a potential bubble weighed on a market that has provided much-needed support to an economy hard-hit by the novel coronavirus pandemic.
Source: https://www.reuters.com/article/china-stocks-midday/shanghai-shares-sag-as-chinas-home-prices-grow-at-slowest-rate-since-2016-idUSL4N2HB1CK