Reuters conveying the piece in China's Securities Times:

  • Property development company Country Garden will have a new credit facility of up to around 50 billion yuan
  • Postal Savings Bank of China starts has linked up with firm in what is described as long-term strategic cooperation
  • offering a line of credit for property development, M&A, and more

Property sector stocks pretty much across the board are rising fast in China today.

china property sector trouble