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<Research>BOCI: Relaxation of 3 Red Lines Won't Have Significant Effect w/ Mkt Overreaction
Recommend 16 Positive 29 Negative 9 |
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Recently, media reports indicate that several property developers are no longer required by regulatory authorities to report their "Three Red Lines" indicators monthly. BOCI released a research report believing that the "Three Red Lines" policy itself was not the trigger for the current market adjustment, nor is it the main constraint on the development and finances of developers at present. Therefore, BOCI believed that relaxing the "Three Red Lines" will not have a significant effect, and the adjustment in Chinese developers is an overreaction. Of which, companies with larger increases in share prices are at greater risk. AASTOCKS Financial News Website: www.aastocks.com |
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