China Stocks sag on property curbs

The Mainland China equity market finished session softer on Monday, 25 September 2017, on concerns about slowdown in China's GDP growth and worry about the sustainability of the global economic recovery. Most sectors lost ground for the day, led by developers after a new round of government curbs to rein in the heated housing market e day, while consumer and healthcare firms led the gains, as investors sought shelter in defensive players. Investor sentiment was also undermined by simmering concerns that China's beefed-up environmental protection could reduce demand, and consequently economic growth. The Shanghai Composite Index fell 0.3%, or 10.98 points, to 3,341.55 points. The blue-chip CSI300 index fell 0.5%, to 3,817.79 points.

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