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Shenzhen announces measures to ease financial strains on property developers amid coronavirus outbreak

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Shenzhen city announces new measures to ease pressure on property developers hard hit by slower home sales amid the coronavirus outbreak.

Home projects with pre-sale certificates can reopen their showrooms to prospective buyers, easing the restrictions imposed since late January to contain the viral outbreak, according to a statement issued by the city's Housing and Construction Bureau on Wednesday.

The Bureau said builders of new homes can apply for pre-sale approval without . . .

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