Six Shanghai municipal agencies, including the finance bureau, PBOC Shanghai
branch, Shanghai Financial Regulatory Bureau and the municipal housing provider
fund center, issued a notice to optimize local real estate measures, effective
Aug. 21, 2026. The notice expands housing provident fund withdrawal eligibility
for down payments to cover purchases of completed newly built housing, extending
support beyond the pre‑sale new homes allowed under the Aug. 2025 "Shanghai Six"
measures. It confirms that withdrawals to pay down payments will not affect
calculation of an individual’s housing provident fund loan amount.