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China could ease "three red lines" property rules - this would be a huge policy shift

China could ease

Bloomberg with the news on what would be a massive support for China's embattled property sector.

  • China could ease "three red lines" property rules
  • Would allow some property firms to add more leverage
  • pushes back grace period for meeting debt target
  • deadlines may be extended by at least six months

Should be a positive for property-related stocks.

CNH strengthening:

More on what the 3 red lines are here:

Posted: Jan 6 2023, 03:11
Author Name: forexlive
Views: 102464

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