Chinese regulators are reportedly targeting commercial banks' home mortgage loan business, part of efforts to ramp up scrutiny on the real estate sector's financing to prevent overheating risks, after the authorities recently tightened restrictions on other financing channels for the sector - trust companies' lending and bond issuance.
The China Banking and Insurance Regulatory Commission (CBIRC) will conduct a comprehensive inspection on 75 banking institutions in 30 cities to check if there are irregularities in their lending to the real . . .
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