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China shares close down nearly 2 pct, property drags

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(GlobalPost/GlobalPost)

HONG KONG/SHANGHAI, Feb 19 (Reuters) - China shares closed lower for the second day on Tuesday, dragged down by real estate and financials, as investors grew concerned that rising property prices would lead to fresh restrictions on the sector.

The CSI300 of the top Shanghai and Shenzhen A-share listings ended down 1.9 percent at 2,685.6 points.

The Shanghai Composite Index fell 1.6 percent to close at 2,382.9 points after falling 0.5 percent on Monday. (Reporting by Chen Yixin, Pete Sweeney and Vikram Subhedar; Editing by Kazunori Takada)

http://www.globalpost.com/dispatch/news/thomson-reuters/130219/china-shares-close-down-nearly-2-pct-property-drags