Reported 11 months ago
On June 19, 2024, Dalai held a shareholder meeting where the chairman, Xie Zhichang, mentioned the recent restrictions on second home mortgages by the Central Bank. He stated that the impact is not yet evident in the market and assured that Dalai will continue with its original plans. Despite the limit introduced in the second household loan to 60%, Xie Zhichang noted that this is not the first occurrence, and the company had already forewarned about such possibilities during signing. Additionally, he discussed four major projects in progress for the year, emphasizing the importance of sustainable real estate development for the industry's long-term health.
Source: YAHOO