CMA

CMA: SIAS says CMA's sharp post-earnings drop may be due in part to concerns over China's moves to manage its property market. Beijing has been talking about expanding a property-tax trial, which would likely affect consumer spending, but so far the govt has sent mixed messages. Additionally, media have reported China is banning radio and TV advertising for luxury items, such as expensive watches and gold coins, as part of its crackdown on corruption, a move which could damp sentiment for the shopping mall operator's stock. CMA is down 3.7% at $2.09.