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Chinese Developer Stocks Jump on Easing Mortgage Policy

Por: MarketWatch Business September 04, 2023

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Major Chinese cities across the country, including Beijing and Shanghai, lowered mortgage requirements for some home buyers late last week, lowering the bar for home purchases. This nationwide policy measure marks a significant step in stimulating the property sector, as top policymakers become increasingly worried about the collapse of the property sector, the downward spiral, and a rising number of credit risk events among major developers and... + full article



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