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No Major Loosening in China Housing Market: Herald

MNI (Singapore)

China's policymakers have been "fine-tuning" the real estate market, and while some marginal easing has been given, investors should not expect a large-scale loosening or see the adjustments as "bailing out the property market", the 21st Century Business Herald reported citing analysts. Some real estate stocks rose by the daily limits on Thursday, while the previously tanking developers' bonds also jumped by double digits on a series of unconfirmed news, including rumors of a substantial regulatory loosening in the city of Shenyang, the newspaper said. Regulators have not given a clear signal of relaxation, and policies may not need to change should the housing and land markets stabilize after the already enhanced credit environment for home buyers, the newspaper cited analysts as saying.

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