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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessMNI BRIEF: PBOC To Ensure A Stable And Healthy Property Market
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.
The central bank has guided banks to ensure lending demand by developers and increased credit support for mergers and acquisitions in the sector when financial risks of certain indebted companies spill over to the market, Pan noted.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.