https://www.caixinglobal.com/2021-10-22/chi…-101789931.html
In Guangzhou, the mortgage rate for first-home purchases declined 15 basis points to 5.85%, and in Shenzhen the rate was down 5 basis points to 5.10%, Beike’s data showed. Sales agents at several residential projects in Guangzhou interviewed by Caixin said this was a signal that the cooling housing market might soon warm up.
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Senior officials including Vice Premier Liu He, central bank governor Yi Gang and Zou Lan, head of the central bank’s financial market department, have said risks to the financial system stemming from Evergrande can be contained.