Published: 12:58pm, 20 Jul, 2018 Updated: 5:53pm, 20 Jul, 2018
The yuan's devaluation, coupled with China Jinmao's policies to govern house prices, has caused the property market to fall. Wang Chen, at Xufunds Investment Management, warned current tightening measures against the property market have been harsher than previously expected. Developers affected include China Overseas, Sunac, Country Garden, Beijing, New World Development, Shimao Property and China Resources Land.