Glonghui, January 25 | J.P. Morgan Chase released a report stating that the General Office of the People's Bank of China and the General Office of the Financial Supervisory Authority have introduced policies to improve operating property loans and relax operating property loans. This is a reasonable measure to support developers' liquidity and reduce the risk of default, but it only benefits a small number of domestic homes. Because the measures can only help developers who have a large number of unsecured investment properties and are not in trouble, such as China Resources Land, China Overseas Development, Longhu Group, and Xincheng Development. The bank mentioned that the industry's first choice still belongs to state-owned enterprises, including Rundi, China and overseas, but believes that the short-term investment climate in Longhu and Xincheng will be stimulated.
大行评级｜摩根大通：放宽经营性物业贷款惠及少数内房 行业首选国有企业
Bank Ratings | J.P. Morgan Chase: Relaxation of operating property loans benefits a few preferred state-owned enterprises in the domestic housing industry
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