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Longfor taps bond guarantee plan, sending stocks soaring amid hopes that China’s financial lifeline can save more property developers


The plan is the crucial “ second arrow ” in the government’s quiver of financial support for the property sector, saddled with overdue bonds, unfinished homes and dozens of developers on the brink of bankruptcy.

Source : South China Morning Post
Read more…Longfor taps bond guarantee plan, sending stocks soaring amid hopes that China’s financial lifeline can save more property developers

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