Ticker	Volume	Price	Price Delta
DJIA	12,454.80	-74.92	-0.60%
S&P 500	1,317.82	-2.86	-0.22%
Nasdaq	2,837.53	-1.85	-0.07%

Ticker

Volume

Price

Price Delta

DJIA

12,454.80

-74.92

-0.60%

S&P 500

1,317.82

-2.86

-0.22%

Nasdaq

2,837.53

-1.85

-0.07%

Ticker	Volume	Price	Price Delta
STOXX 50	2,161.87	+5.35	0.25%
FTSE 100	5,351.53	+1.48	0.03%
DAX	6,339.94	+24.05	0.38%

Ticker

Volume

Price

Price Delta

STOXX 50

2,161.87

+5.35

0.25%

FTSE 100

5,351.53

+1.48

0.03%

DAX

6,339.94

+24.05

0.38%

Ticker	Volume	Price	Price Delta
Nikkei	8,580.39	+17.01	0.20%
TOPIX	722.11	-0.14	-0.02%
Hang Seng	18,713.40	+47.01	0.25%

Ticker

Volume

Price

Price Delta

Nikkei

8,580.39

+17.01

0.20%

TOPIX

722.11

-0.14

-0.02%

Hang Seng

18,713.40

+47.01

0.25%

Property Prices in China May Fall Much as 15% in Next 12 Months, HSBC Says

By Bloomberg News - 2010-07-26T00:30:24Z

China’s home prices may decline by as much as 15 percent in the next six to 12 months as more supply becomes available, according to HSBC Holdings Plc.

HSBC lowered its stock recommendations on Agile Property Holdings Ltd., Guangzhou R&F Properties Co. and Shimao Property Holdings Ltd. to “underweight” from “overweight.” The brokerage cut its rating for Sino-Ocean Land Holdings Ltd. to “underweight” from “neutral.”

It’s “too early to start bottom fishing,” according to the brokerage in a report. “Market indicators do not rule out possibility of further tightening measures.”

To contact the reporter on this story: Chua Kong Ho in Shanghai at kchua6@bloomberg.net