The sun sets over the construction site of a housing complex in Jinshan, a suburb of Shanghai, on October 20, 2022. Photo: AFP
The sun sets over the construction site of a housing complex in Jinshan, a suburb of Shanghai, on October 20, 2022. Photo: AFP

‘Turning point’ for China’s property developers: Beijing measures to ease credit crunch, stabilise sector, analysts say

  • The most aggressive policy moves so far should ‘ease developers’ liquidity pressure markedly in the near term’, says a CGS-CIMB Securities analyst
  • Overall China will inject 1.3 trillion yuan (US$184 billion) into the property sector, according to investment bank Jefferies

The sun sets over the construction site of a housing complex in Jinshan, a suburb of Shanghai, on October 20, 2022. Photo: AFP
The sun sets over the construction site of a housing complex in Jinshan, a suburb of Shanghai, on October 20, 2022. Photo: AFP
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