China Ping An Bank names 41 property firms in funding support list

China Ping An Bank names 41 property firms in funding support list

FILE PHOTO: The Chinese national flag is seen in Beijing, China April 29, 2020. REUTERS/Thomas Peter/File Photo

Chinese lender Ping An Bank has put 41 firms on a list of developers eligible for its funding support, marking the latest move aimed at reviving the nation’s crisis-hit property sector, Bloomberg News reported on Tuesday.