Huatai Property released a follow-up on the 828 housing sales system reform, noting that Beijing, Shanghai, Guangzhou, and Wuhan have issued detailed rules. The broker views the Tier-1 plans as relatively strict, while Wuhan offers more flexibility, and expects other cities to follow with even greater flexibility.
Huatai turns bullish on China property, favoring developers that can adapt to the new model, with Wuhan's flexible rules potentially cushioning the reform's impact.
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