China Home Market ‘Should Come Down,’ Hang Lung’s Chan Says

China Home Market ‘Should Come Down,’ Hang Lung’s Chan Says

Qilai Shen/Bloomberg

A man rides a rickshaw past China Vanke Co.'s Qinglinjing development in Shanghai, China. Contract sales dropped 30 percent last month at China Vanke Co. as the country’s biggest developer by market value offered fewer homes from November.