China’s stock market, which is less sensitive to global capital flows, was calmer on Monday.
The CSI300 index was unchanged at 3,991.14 points at the end of the morning session, while the Shanghai Composite Index lost 0.1 per cent to 3,367.23 points, reports Reuters.
An index tracking real estate shares tumbled more than 2.0 per cent on news that Beijing had tightened controls on down payments for home buyers and had created a new loan product aimed at renters to promote the rental housing market, the People’s Daily said.
