PBOC Said to Have Met Banks in Shenzhen to Stress Mortgage Risks

  • Banks told to step up scrutiny of down-payment sources
  • Shenzhen home prices surging at fastest pace in China

China’s central bank called officials from the nation’s biggest commercial lenders to a meeting in the southern city of Shenzhen last week to stress a close adherence to rules on mortgage lending, people familiar with the matter said.

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