"China's Ping An Bank Identifies 41 Property Developers for Funding Support"

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Source: Bloomberg
"China's Ping An Bank Identifies 41 Property Developers for Funding Support"
Photo: Bloomberg
TL;DR Summary

Ping An Bank has identified 41 property developers eligible for its funding support, signaling a shift towards increased lending to a struggling real estate sector in China. This move follows government efforts to address the industry's challenges and aligns with regulatory guidance for financial institutions to consider more lending to selected builders.

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