New steps to boost real estate financing

Refinancing, M&As to resume after 12-yr suspension, spur troubled industry

China's real estate enterprises on Monday received the green light to resume refinancing and mergers and acquisitions after a 12-year suspension by the top securities regulator, which may comprehensively and rapidly improve the financing situation of property enterprises, industry experts said on Tuesday.

In a statement on its website on Monday, the China Securities Regulatory Commission announced a slew of measures to adjust and optimize equity financing for property enterprises.

The stable and healthy development of the property market, the CSRC said, is critical for the stability of the financial market as well as the overall economy and society.