China’s easing of ‘three red lines’ loan rules for property sector won’t have immediate impact on struggling developers, analysts say
Posted Jan 7, 22
by admin
Beijing’s loan limit for real estate companies, widely known as the “three red lines”, which has pushed many developers to the brink, has been partially relaxed, according to a report by a state-backed media outlet. Shares of property firms rose in Hong Kong.Analysts, however, said they do not expect an immediate impact on the […]