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Value Partners expects China to allow some problematic mainland real estate companies to default

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Value Partners expects China to allow some problematic mainland real estate companies to default

Value Partners Senior Fund Manager Zhong Huixin said that he believes that China has greater determination to deal with the real estate sector, as it has expanded rapidly in the past few years and at the same time cracked down on property speculation, which will allow some real estate companies to default and help steady real estate companies to improve. The market share will be rectified on a larger scale, but I believe that it has not yet arrived…

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