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(M2) Correction Extends

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Late Session Rebound

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(M2) Corrective Cycle Remains In Play

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(M2) Gains Still Considered Corrective

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CHINA PRESS
MNI (Singapore)

Local governments in China will be more flexible in relaxing housing regulations this year as they prioritize development and meet the reasonable needs of homebuyers, the China Securities Journal reported. Banks will quicken mortgage approvals to boost transactions and stabilize overall prices, the newspaper said citing Xu Xiaole, chief analyst with Beike Research Institute. Authorities will also promote large-scale construction of affordable housing this year to help stabilize real estate investment, the newspaper said citing analysts.

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