China Stocks Continue Year-End Slide as Property Firms Decline

China stocks continued their fall as the last week of the year kicks off, dragged lower by the property sector amid government efforts to rein in home prices. The Shanghai Composite Index dropped 0.8 percent to 3,085.31 as of 1:03 p.m. local time, heading for its lowest close since October 20. Shanghai Lujiazui Finance & Trade Zone Development Co.