Relevant authorities issued guidance capping individual housing loans at a maximum 40-year term and limiting loan size to no more than the property's appraised value. Bank sources say prepayment rates have not fallen and Households remain reluctant t

2026-09-04

Relevant authorities issued guidance capping individual housing loans at a maximum 40-year term and limiting loan size to no more than the property's appraised value. Bank sources say prepayment rates have not fallen and Households remain reluctant to take on new debt, with existing mortgage borrowers accelerating repayments, so uptake of newly permitted 40-year loans is expected to be low.

Other News
2026-09-04

The Ministry of Industry and Information Technology issued the AI SME Entrepreneurship Support Plan (2026–2028). It urges localities to leverage industry strengths to cultivate concentrated, high-quality AI SME clusters. Qualified areas, including na

2026-09-04

International 1. HSBC raises its forecast for US Treasury yields, anticipating a more hawkish policy path. 2. JPMorgan Chase: A break above 155 for the yen could trigger concentrated short covering, accelerating the yen's rise. 3. Bank of America: