Prices of new homes in Shenzhen rose 20.1 per cent in September, prompting a tightening of the deposit requirements. Photo: WWF Hong Kong

Shenzhen raises deposit rule to 70pc

Move applies to buyers of second properties as city adds to measures to cool housing market

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Prices of new homes in Shenzhen rose 20.1 per cent in September, prompting a tightening of the deposit requirements. Photo: WWF Hong Kong
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