SHANGHAI, March 15 China shares fell 0.7
percent on Thursday to a three-week low as investors
continued to shift funds away from Chinese property stocks after
Chinese Premier Wen Jiabao said the government would keep curbs
in place to control prices.
Investors had been betting that Beijing would relent on its
aggressive policy position on the property sector with the
world's second-largest economy slowing.
The Shanghai Composite Index ended at 2,373.8 points,
the lowest level since Feb. 20, extending a 2.6 percent fall on
Wednesday. The property sub-index tumbled 2.50 percent.
($1 = 6.33 yuan)
(Reporting by Chen Yixin and Jacqueline Wong)