China's property prices fall 6.1% on year in April
May 17, 2015 at 21:34 PM EDT
China's home prices fell 6.1 percent in April from the year-ago period, unchanged from March, according to Reuters calculations of Chinese official data released on Monday. JPMorgan Chase and Barclays are among banks that have raised price targets for shares of Chinese property developers, underscoring a rally that's already pushed the Shanghai's...