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


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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