LB Select
2023.11.23 07:44
portai
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Why did Hong Kong property stocks surge violently again at the end of the trading day?

According to Bloomberg, it is reported that China is considering allowing banks to provide unsecured working capital loans to real estate developers for the first time. This move is expected to address the funding constraints faced by real estate companies.

What happened again?

According to Bloomberg, it is reported that China is considering allowing banks to provide unsecured working capital loans to real estate developers for the first time. This move is expected to solve the funding chain problem faced by real estate developers.