China's major property developers' fundraising hit lowest since 2018 in February despite government's easing efforts

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Chinese property developers' fundraising remained sluggish in February, indicating that the real estate sector is still struggling in a liquidity strain despite the government's easing efforts.

The top 100 property developers raised a total of 39.82 billion yuan of funding in February, marking the lowest level since 2018, sliding 58.9% from the month before and down 58.8% from the same period last year, according to the latest data compiled by the . . .

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