Of course that is a key for the stock and the warrants. But this is China. They can allow continued construction as the government desires. All the housing minister has to do is sit down and draft a 'Rule' that states that for ever expensive apartment you must biuld one inexpensive apartment. Oh, and by the way, the 'Rule' starts today.
Remember that they stoped lending on 15 Jan. until 1 Feb. with a similar 'decree'.