China Regulator to Hold Meeting With Property Firms, Financiers
- CSRC to discuss market with developers, investors: people
- China’s residential market is in crisis again as sales drop
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China’s securities watchdog plans to hold a meeting on the real estate market on Friday, according to people familiar with the matter, underscoring growing urgency among regulators to deal with a worsening property crisis.
The China Securities Regulatory Commission plans to convene with some property developers and financial institutions virtually on Friday morning, said the people, who asked not to be identified because the matter is private. The gathering through video conferencing is being organized by the CSRC’s corporate bonds division, one of the people said.