April 25, 2018 / 8:25 AM / 4 months ago

China to push rental housing asset-backed securitization - regulator

BEIJING, April 25 (Reuters) - China will encourage companies to conduct rental housing asset-backed securitization, while strengthening supervision and management on such securities, the country’s securities regulator said on Wednesday in a joint statement with the housing ministry.

Securitization in mid-tier and large cities, as well as the new Xiongan area, will be a priority, the China Securities Regulatory Commission said in the statement posted on its website. (Reporting by Beijing Monitoring Desk; Writing by Yawen Chen; Editing by Kim Coghill)

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