Property stocks drop as Hong Kong shares slip in mixed Asia trade; Australia's inflation rises

Property stocks drop as Hong Kong shares slip in mixed Asia trade; Australia’s inflation rises

SINGAPORE – Hong Kong real estate shares fell as Asia-Pacific markets were mixed on Wednesday. Australia’s inflation rose and investors eagerly awaited the Federal Reserve’s policy decision. Shares of real estate firm Country Garden fell 15.05% after it said it would raise 2.8 billion Hong Kong dollars ($360 million) from the sale of 870 million …

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