Free Trial
OPTIONS

Larger FX Option Pipeline

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

MNI BRIEF: PBOC To Ensure A Stable And Healthy Property Market

MNI (Singapore)
True

The People’s Bank of China will promote a stable and healthy property market while working against excess speculation in the sector, said Pan Gongsheng, deputy governor of the central bank, at a briefing on Thursday.

The house market is recovering as pandemic curbs ease and mortgage rates go down led by a lower reference Loan Prime Rate for five-year and above tenors, Pan noted, predicting the housing demand would remain robust in the long term.

Keep reading...Show less
110 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.

The People’s Bank of China will promote a stable and healthy property market while working against excess speculation in the sector, said Pan Gongsheng, deputy governor of the central bank, at a briefing on Thursday.

The house market is recovering as pandemic curbs ease and mortgage rates go down led by a lower reference Loan Prime Rate for five-year and above tenors, Pan noted, predicting the housing demand would remain robust in the long term.

Keep reading...Show less