Press "Enter" to skip to content

CHECK THE WIRE FOR LIVE UPDATES

Banks in top Chinese cities tighten home mortgage loans after regulators imposed caps on property loans, housing markets heat up

Last updated on January 27, 2021

Banks in China's top tier cities are tightening home mortgage loans as housing markets in the cities heat up and after the country's top financial regulators imposed caps on banks' new real estate loans.

Among the country's four tier-one cities, Shanghai, Guangzhou and Shenzhen have seen home mortgages tightened recently.

In Shenzhen, branches of several joint-stock banks including China Merchants bank, China Guangfa Bank and Everbright Bank has suspended home . . .

To continue reading, please subscribe. You will get

 

    • THE  WIRE  - An Unrivalled Real-Time Platform providing up-to-the-minute updates of market-moving news and views utilising a network of journalists, traders, brokers, analysts, etc. We walk you through every trading day in China to make you stay in the know. Here are some screenshots of our wire updates.
    • ORIGINAL, IN-DEPTH & DATA-DRIVEN reporting on major events about China's economy, policy and financial markets.
    • DETAILS - Get access to important details that you won't find elsewhere.
    • WEEKLY NEWSLETTER - Receive a summary of the week's top news—distilled into one email.

FREE TRIAL cancel anytime

 

Already have an account? Sign In

 

 

Top