(Bloomberg) -- Chinese stocks fell to the verge of a correction in a sign of growing disappointment over the pace of stimulus rollout.
A gauge of Chinese shares listed in Hong Kong swung between gains and losses before trading up 0.4% as of 3:36 p.m. local time.
Chinese investors have been split over whether the rally has already peaked out, or whether there’s room for further gains.
Chinese property stocks jumped ahead of the briefing, with a Bloomberg Intelligence gauge of developer shares gaining as much as 10% after shedding 7% on Tuesday.
The sector has been at the center of investor focus, with stocks seeing wild swings as policy expectations waxed and waned.

Chinese Stocks on Brink of Correction as Investor Patience Wanes