Hong Kong stocks lost 1.4 per cent on Monday as property developers dropped after eight large Chinese cities imposed more restrictions on home resales, in an effort to rein in prices. Photo: EPA

Hang Seng ends 1.4pc lower on sharp declines by property developers

China Evergrande down 8.8pc; Sunac China down 7.5pc; China Vanke down 8.0pc, as Chongqing and provincial capital cities announce more market-cooling measures. The Hang Seng property index slumps 2.49pc, its biggest loss since November 2016

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Hong Kong stocks lost 1.4 per cent on Monday as property developers dropped after eight large Chinese cities imposed more restrictions on home resales, in an effort to rein in prices. Photo: EPA
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