Banks to Tighten Loans of Housing Enterprises with High Leverage or Heavy Debt

SHANGHAI, Nov.17 (SMM)－One insider from state-owned bank says, recently banks has restarted pressure test of real estate industry, probably to tighten loans of radical housing enterprises of high leverage or heavy debt, to lower systematic risk of financing institution. Overseas financing, asset securitization and setting up buyout fund with financing institution become new methods for financing of housing enterprises.

The article is edited by SMM and is provided for information purpose only. It does not mean SMM agrees with its views and SMM assumes no liability for accuracy of information contained or quoted in the article.