Property News · April 10, 2018

China’s CCB makes residential leasing sector its new battlefield


A few months after its foray into the country’s underdeveloped residential leasing market, China Construction Bank Corp said it would also offer a host of ancillary businesses to allay investors’ fear of unprofitability in the sector.
Wang Zuji, president of China’s largest lender of housing mortgage, told concerned investors that it would not invest too much real money into the sector, but would introduce a set of related financial services that offered “technical…

Source : South China Morning Post
Read more…China’s CCB makes residential leasing sector its new battlefield

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