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PBOC investigates some loans in Shenzhen amid concerns about rising home prices

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China's financial regulators have started an investigation into some business loans in Shenzhen city to see whether the funding aimed to help companies hit by the coronavirus outbreak was channeled into the housing market.

The People's Bank of China (PBOC) has ordered commercial banks in Shenzhen to investigate business loans collateralised with real estate properties made this year, reported by several Chinese media and confirmed by Yuan Talks with two banking sources.

Shenzhen . . .

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