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

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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