China Property, Bank Stocks Fall as Homebuyers Refuse to Repay Loans - Asia Financial

The CSI300 Bank index fell as much as 3.3% in early trading, its lowest since March 2020, hitting banks and developers as the 'Stop Mortgage Repayment' protest spreads to over 100 projects

Chinese real estate and bank stocks plunged on Thursday amid fears that debt troubles in the property sector will hit lenders as more homebuyers threatened to halt mortgage payments. A growing numbe… [+1376 chars]

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