Beijing may signal more policy tweaks to settle realty

Unfinished apartment buildings stand at a residential complex developed by Jiadengbao Real Estate in Guilin, Guangxi Zhuang Autonomous Region, China September 17, 2022. REUTERS/Eduardo Baptista

SHANGHAI: China may signal more policy adjustments to stabilise the real estate market as a regulatory official recently noted that “bubble signs and the financialisation trend in the country’s real estate sector have been substantially reversed”.

Industry experts are interpreting the official’s comment as an affirmation by the nation’s top banking and insurance regulator of continuous deleveraging actions of property developers in the past two years.