China Construction Bank has launched a pilot scheme in Guangdong where it lends renters to pay for their leases over the long term. Photo: Reuters

China’s CCB makes residential leasing sector its new battlefield

The mainland’s biggest home loan lender says apart from providing renters with funds to pay rent, it will tap on ancillary businesses for growth

Topic |   China Construction Bank

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China Construction Bank has launched a pilot scheme in Guangdong where it lends renters to pay for their leases over the long term. Photo: Reuters
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Zheng Yangpeng

Zheng Yangpeng

Zheng Yangpeng is a business reporter at the Post, covering China property, banking and finance. He previously worked for China Daily, joining the Post in 2016. He holds a Bachelor's Degree in Journalism and Communication from Peking University, and a Master's Degree in Global Business Journalism from Tsinghua University.