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Chinese regulators are investigating liquidity stress that caused interest rates to reach a record 50%, according to sources. The regulators are attempting to save China Vanke, a major property developer, from following suit after two other developers defaulted. The Shenzhen State Asset Regulator has stated that it has sufficient liquidity and tools to help Vanke if it faces extreme conditions.
🔴 CAILIAN: CHINESE REGULATORS DISCUSS LIQUIDITY WITH DEVELOPERS.
After letting two of the world’s biggest property developers plunge into default, Chinese authorities are attempting to save a third industry giant — Vanke — from following suit https://t.co/9lxhsu58g5
After letting two of the world’s biggest property developers plunge into default, Chinese authorities are attempting to save a third industry giant — Vanke — from following suit https://t.co/k2qXICnuuO
After letting two of the world’s biggest property developers plunge into default, Chinese authorities are attempting to save a third industry giant — Vanke — from following suit https://t.co/3lYxNN8XRq
⚠️CHINA'S SHENZHEN STATE ASSET REGULATOR SAYS IF PROPERTY DEVELOPER CHINA VANKE FACES EXTREME CONDITIONS, IT HAS SUFFICIENT LIQUIDITY AND TOOLS TO HELP VANKE - SOURCE https://t.co/Sbtgk8Slpz
China regulators probe liquidity stress that sent rates to record 50% - sources https://t.co/CrveTS9Xiz
China regulators probe liquidity stress that sent rates to record 50% - sources https://t.co/MujJHGsqe5 https://t.co/zlOMqHEuIf
⚠️ CHINA REGULATORS PROBE LIQUIDITY STRESS THAT SENT RATES TO RECORD 50% - SOURCES Full Story → https://t.co/b8B4Frlcf1 https://t.co/FyVtGh8Hek
🔴 CHINA REGULATORS PROBE LIQUIDITY STRESS THAT SENT RATES TO RECORD 50%, ACCORDING TO SOURCES