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CHINA PRESS
CHINA PRESS: Funding costs in property sector through bank loans and bond
issuance were between 4% - 5% in 2017, much lower than funding cost via trusts,
which were mostly between 6% - 10% and even as high as 11%, Securities Daily
reported on Friday, according to the annual reports published by listed property
companies. As the funding channels have been restricted, property companies
might seek more funding from trusts, which will push up their funding costs, the
report said.