Press "Enter" to skip to content

Beijing makes new moves to tighten restrictions on home purchases

CHECK THE WIRE FOR REAL-TIME NEWS UPDATES

China's capital city of Beijing made new moves to tighten restrictions over home buyers applying for mortgages through housing provident funds amid signs pointing to a warming housing market in the city.

According to the new rules unveiled Friday by the housing provident fund management centre which manages fund of employees of central government-controlled  agencies and enterprises, home buyers who either have a home in Beijing or a housing loan record will be classified . . .

To continue reading, please subscribe. You will get

  • Original and in-depth reporting on China's economy and financial markets 
  • Details, data and perspectives you don't read elsewhere
  • THE WIRE - a Real-Time News platform that delivers everything important about China's economy, companies, stocks, bonds, commodities and the yuan.
  • Daily Brief newsletters to get you prepared for every trading day

 

FREE TRIAL cancel any time

We highly value independence. We are solely funded by subscriptions from thousands of readers like you.  

Already have an account? Sign In

 

Top