China C. Bank Will Unveil Guidance On Relaxing Residential Housing Loans; Adhere To The Principle That Houses Are For Living, Not For Speculation
Portfolio Pulse from Happy Mohamed
China's central bank is set to release guidelines on easing residential housing loans, while maintaining the principle that houses are for living, not for speculation.
August 25, 2023 | 1:41 pm
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POSITIVE IMPACT
The news of China's central bank easing residential housing loans could impact the iShares China Large-Cap ETF (FXI), which includes companies in the real estate sector.
The easing of residential housing loans could stimulate the real estate market in China, potentially benefiting companies in the real estate sector. As FXI includes such companies, it could see a positive impact.
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