Over 200 Chinese cities have established real estate financing coordination mechanism – housing ministry >>>
China’s asymmetric LPR cut helps stablise expectations; mortgage interest burden to drop by 200 – 400 bn yuan per year – CICC >>>
China’s 5-year LPR cut larger-than-expected; whether to help restore homebuyers’ confidence remains to be seen – Citi Research >>>
China’s LPR cut to narrow banks’ NIMs by average 3 bps, but stock performance expected to remain strong – JPMorgan >>>
Chinese property developers rally in Hong Kong on progress in real estate financing coordination mechanism >>>
Shanghai, Shenzhen exchanges to step up regulation on quantitative trading, impose three-day trading freeze on top quant fund >>>
