China's Shenzhen eases home purchase curbs to unleash demand

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China's Shenzhen eases home purchase curbs to unleash demand
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Shenzhen, one of China's megacities, took another move to support the property market by easing some of the country's strictest house purchase restric

"Beginning in 2016, the city of 17.6 million people implemented a series of policies that focused on curbing soaring home prices and speculation."

"Last Monday, the city lifted a long-standing prohibition, allowing Hong Kong and Macao citizens to invest in nonresidential buildings." If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

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