China Stocks Fall Most in Two Weeks as Loan Curbs Maintained
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China’s stocks fell, with the benchmark index declining the most in two weeks, after the government quashed speculation it will abandon real-estate curbs that drove property prices lower for the first time in 16 months.
China Vanke Co. and Bank of China Ltd. dropped among developers and lenders after the government said it will “strictly” enforce housing policies to prevent speculative real estate investment. Jiangxi Copper Co., China’s biggest producer of the metal, slid 3.1 percent, ending five days of gains, while China Shenhua Energy Co. retreated 2.3 percent.