21 April 2019

Xi’an launches probe into home sale violations, paper says

C C Land Holdings Ltd. (01224.HK) and China Railway Group Ltd. (00390.HK, 601390.CN) were among several developers reprimanded by authorities in Xi’an, Shaanxi province, for selling residential property projects without the necessary government permits, National Business Daily reported Wednesday. The Xi’an Housing Bureau has launched a three-month investigation into the local property market to ensure developers and property agents comply with the rules, the report said.

– Contact HKEJ at [email protected]



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