中国对银行进行压力测试

China has been conducting stress tests for its banks. The China Banking Regulatory Commission has asked its lenders to see how their books would fare if housing prices dropped by as much as 30%. The government says it's not changing its policies despite these tests. And in fact the bank regulator said that pressure tests are used all the time to manage risks and reiterated that its outlook for the real estate market has not changed.

The government is trying to reassure investors who have been spooked by reports that the stress tests were assuming housing price declines in some cities by as much as 60%. Shares of banks and property developers fell on those reports. Industrial metal prices were also shaken on fears that the stress tests could expand to include credit risks related to construction materials, like steel.

China has been trying to rein in soaring property prices. The bank regulators said that it's instructed banks to stop extending mortgages to people buying their third homes and it will continue to use credit curbs to discourage speculation.

Eunice Yoon, cnn, Hong Kong.